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1901  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 05, 2013, 04:19:49 AM
no sign of friedcat at all today? i'm surprised. given the announcement of the USB miners, that is.
1902  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 05, 2013, 04:17:46 AM
Can these be used for scrypt --litecoins, feathercoins?

How many can I hook up to one motherboard using hubs? can I fit 20?

Thanks!

no. they cannot mine scrypt based coins.

gotta be powered hubs, obviously, but i don't see why 20 would be an issue. ...i think. i'm not a USB expert.
1903  Bitcoin / Group buys / Re: ASICMiner Block Erupter USB group buy on: May 05, 2013, 03:59:08 AM
currently we have:
arklan 1
bigbeninlondon 1
hepaist0s 2
BlackLilac Grant 10
johnny5 15
Stevenrm87 1
AForceNinja 5
DPoS 4
CanaryInTheMine 1
Bogart 10
Oaxaca 10
Photon939 2
purplesquid 5
zapeta 5
GreatBug 5
thoughtcourier 1
Herbalconfusion 5

for a total of 83. 217 remaining!

I understand this is informal ATM, but I assume escrow will be involved?

i'll get in touch with john k.

Are these capable of mining other sha256 coins?

yes, i believe so.

In for 1

USA (WI)

We need to create another thread for griping and/or binding interest. I'd gripe a little, but as pointed out in many conversations: free market.


how so? once we hit 300 "i'm in's" here, i'll send out word to start sending the btc (probably to john) and once he's got it all, i'll place the order. no need for another thread, i think.
1904  Bitcoin / Group buys / Re: ASICMiner Block Erupter USB group buy on: May 04, 2013, 11:47:09 PM
I'm in for 10 units.

Add me to the list plz.  Thx.

whoops! didn't see yours bogart. sorry bout that.

currently we have:
arklan 1
bigbeninlondon 1
hepaist0s 2
BlackLilac Grant 10
johnny5 15
Stevenrm87 1
AForceNinja 5
DPoS 4
CanaryInTheMine 1
Bogart 10

and in PM 5

for a total of 55. 245 remaining!
1905  Bitcoin / Group buys / Re: ASICMiner Block Erupter USB group buy on: May 04, 2013, 11:41:17 PM
currently we have:
arklan 1
bigbeninlondon 1
hepaist0s 2
BlackLilac Grant 10
johnny5 15
Stevenrm87 1
AForceNinja 5
DPoS 4
CanaryInTheMine 1

and in PM 5

for a total of 45. 255 remaining!

...yay and stuff.
1906  Bitcoin / Group buys / Re: ASICMiner Block Erupter USB group buy on: May 04, 2013, 10:24:42 PM
currently we have:
arklan 1
bigbeninlondon 1
hepaist0s 2
BlackLilac Grant 10
johnny5 15

and in PM 5

for a total of 34. 266 remaining!
1907  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 10:21:09 PM

This seems about right for retail cost, it seems a bit expensive at wholesale. Ideally, I'd like to see about a 1.5 btc wholesale cost.


Can we get ASICminer to comment on either lowering the bulk 300 price or shipping small orders directly to users?

they're probably barely waking, if at all. timezones and such.


to anyone in the US or canada looking for a group buy, see my thread. https://bitcointalk.org/index.php?topic=195052

for europe, see this thread: https://bitcointalk.org/index.php?topic=195037.0
1908  Bitcoin / Group buys / Re: ASICMiner Block Erupter USB group buy on: May 04, 2013, 10:06:53 PM
For those in Europe (note: thread is in german): https://bitcointalk.org/index.php?topic=195037.0

i'm organizing the US based group buy. myself i'm in utah. unless there's a better plan, my intention is to wait until we hit order's for 300, then collect the payment from the individuals and place the order. once i got them i'd them mail them out to each person.

note: i am not able to front the cost of the group buy. also, i'd appreciate consideration for the re-shipping costs. something like .05 btc per usb stick maybe. i haven't looked at what the costs will actually be, but you get the idea.

currently we have:
arklan 1
bigbeninlondon 1
hepaist0s 2
BlackLilac Grant 10

and in PM 5

for a total of 19. 281 remaining!

i've edited the OP with the above.
1909  Bitcoin / Group buys / Re: ASICMiner Block Erupter USB group buy on: May 04, 2013, 07:34:09 PM
I might be interested in 1-2

Currently I only collect non-binding interest.
Just post the desired quantity and destination here: https://bitcointalk.org/index.php?topic=195037.0

With sufficient interest, we can plan more accurately.
Antistatic packaging etc


This thread you've linked to is German.  I assume this is located in Germany? Smiley  Anyone in US looking to participate in group buy?  I'm in for 1.

yup, right here i'm in utah. i don't currently have the full 1.99 btc... but i can in time.

so, i'm in for 1, at current price point. i'd also be happy to organize it. (which was kinda my intent with this thread, but clearly i fail at clarity.)
1910  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 07:31:59 PM
Is this price definitive or can we have a Dutch auction? : Smiley

well, i THINK friedcat and co haven't seen the majority of this thread yet, given it's like 3:30 am in shenzen. so, what their response is will, i think, be very telling.
1911  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 07:15:25 PM
I don't have enough USB ports to power 300 of these at once.

heheheh... that'd be one heck of a set up.
1912  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 07:05:07 PM
It's also possible that all this added mining difficulty contributes to the price of BTC/USD going up. This would make mining bitcoins specifically more valuable than altcoins, and hashpower more valuable.

Just adding another angle for y'all to chew on...
Here's another: 1.99 is not that expensive if you had mined them. Depending on your rig etc. that's what? A couple of days of electricity?

Except that this seems to be more geared toward n00bs and casual miners. Meaning 2 BTC is a stupid price. Realistically, it should be 25%-50% of that cost to make it worth the cost.

at .5BTC, I'd buy several. At 2btc I'll buy zero...

at .5 btc i'd buy two now, and use the profits from them (and my other mining) to buy more later, then use the combined profit from, say, a dozen of them over time to buy AM blades. as it stands, it's not financially viable to follow that plan.
1913  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 06:33:06 PM
Yep, FPGA. Take a look at this: https://bitcointalk.org/index.php?topic=187549.0 - FPGA's going like hot cakes now. (I remember seeing a group buy for that - it was filled to 100+ units in a couple of days)
I guess if you can't get your hands on an ASIC then this (FPGA and this USB miner) would certainly be better than GPU mining right now... But this price is well, well above wholesale. Someone said these lot sizes would be for resale? Don't see how. Wholesale on these devices would be more like $40, retail ~$100. Retail would be at least 60% markup. I see no room at all for markup in these, so these are retail priced for end-users now. Which makes the buy size of 300 a bit odd. Even at $100 you're talking two-months ROI minimum at current price and difficulty.

But here's the crazy part, I bet people will buy these all up even at these prices.

course the wholesale price would depend on cost to manufacture., which we don't know. but yea... wholesale for .5 btc, retail around 1 btc or thereabouts? heck, even wholesale at 1 btc... significant difference.

1914  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 06:26:30 PM
Oh, this is maybe the best effort so far to allow new miners to start mining with reasonably cheap and easy hardware.

I might just get few of those to give out to friends and family. Excellent way to spread this cyptocoin "virus"  Grin

i don't know man, i don't generally give out things worth a couple hundred bucks...
1915  Bitcoin / Group buys / Re: ASICMiner Block Erupter USB group buy on: May 04, 2013, 05:53:42 PM
At this point, 1BTC per unit would be about fair considering it's a bulk order. 2BTC would be aprox. retail price. And that's now, in a few months with difficulty shooting up it could be much worse.

At this price I would get myself 4 or 5 right now, just for the novelty and to help spread mining. I can afford all 300 but I think it's not a good price and it would be much worse in August...

i agree completely. with this being effectively a whole sale price, it's a bit steep.

maybe we'll get lucky and when friedcat and co see this reaction they'll ...act? i don't know.
1916  Bitcoin / Group buys / Re: ASICMiner Block Erupter USB group buy on: May 04, 2013, 05:06:25 PM
no worries. way i figure it, gotta start somewhere. and with this power usage, i'll happily run it forever.

but yea, for anyone trying to profit on mining, this is perhaps not the best way to go.
1917  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 04:18:16 PM
when i get one, i'm totally gonna use it for a silly, silly purpose, besides mining:

get a little arduino or something and a light sensor, then design and have 3d printed (i do that...) a litle "statue" of a robot mining a pixelated rock face or something. when x number of shares have been found (and detected by the light sensor) the statue would run a little animation.

i'm such a dork.

also: as to the current total mhash of AM - i think it just passed 17th.
1918  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 04, 2013, 04:12:22 PM
*snip*

Navigable version would not be especially difficult but I'm not sure which platform to use. Java would make it browser viewable (though not on this site) but Java in the browser is not so recommended anymore.

hmm. good point. no worthy advice for this, from me. Sad
1919  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 04, 2013, 04:06:53 PM
I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC

agreed. as i posted in my group buy thread:

minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33 times more chips, but bare chips) for 780 btc.

i mean, that's what, .078 btc a chip? and then you have burnin offering 10 chip board for approx 80 euro, and 20 chip boards for approx 100 euro (plus chip cost of course) that's approximately 5 ghash for under 200 USD, if my math is right.

The major difference is that this is a finished product . Sure, you can buy a barrel of oil for around $2 per gallon if you order in bulk, but still even US people buy gas for $4 per gallon. The convenience of buying just what you need rather than have a supertanker on your doorstep, the complete conversion of the raw material into a ready-to-use plug-and-play product, the reduced risk of not having to handle large orders; consumers love the ability to avoid such hassles.

Add to that the mere psychological effect of being part of a movement, and I think these miners will be an easy sell, even at the added cost that a bulk buyer would have to charge consumers.

Just imagine having a shelf of "Real moneymaking machines, just $297" at Wallmart.

.b

...well, yea. all very good points.
1920  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 04:04:50 PM
group buy thread for those interested: https://bitcointalk.org/index.php?topic=195052.0
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