I was interested in these as handouts/gifts to friends to get them interested in BTC and crypto-currencies, but from what I've heard in the past these run pretty hot.  Are these newest units as hot as the older ones?  Would it be ok if someone who didn't know what they are doing (plug & play as it were) just let it hash away, or is there the potential for the miner to destroy itself or the usb port?

Thanks!

Alright, I've sent 4.61 BTC (extra .01 to cover fees if there are any, I'm new to inputs.io).  Transaction ID: 67136bc49c9dec5b3f046f30c9c359a5ca7a8b757fb037e1d632cfd7e5e82670

LTC received as well, thanks!

I've given you positive feedback (Trust), and would happily deal with you again in the future.

Edit:  Edited to state that LTC had been received because 360 seconds between posts feels like forever when you're trying to get something done.

I -FINALLY- got Coinbase working!  If you've still got some available on Thursday, I might be up for getting a few more.

Also, it seems these now work with cgminer in Windows and Linux! (https://bitcointalk.org/index.php?topic=299295.msg3261558#msg3261558)

Hey, I need the address you'd like your BTC sent to.

Also, once you receive them, my LTC address is: LXVBptjHTcrJoeN97W86xRyS5o5ZjMCSLh

Thanks!

No worries.  Good idea on updating the litecoin chain, I didn't have the bitcoin client setup when I started this thread, took me nearly 2 full days to get synced.

Just figured I'd update this to let camolist know that he should be expecting payment tomorrow or Monday.

Coinbase only ever sent one deposit to my bank account, I've sent them 6 e-mails and have yet to receive anything but an automated ("We've received your e-mail") response from them.

Thankfully, someone told me about btcquick.com!  They are certainly more pricey than Coinbase, but they are getting the job done.  I am limited to $250 a day, and currently have ~2.8 BTC (I have been buying my daily max ever since I found btcquick).  This means that if BTC holds it's current value, I should have the full 4.6 BTC for repayment tomorrow.

Thanks again, camolist, for helping me out in my time of need! 

Payment for my additional 3 reserved units has been sent!  Thanks again!

Transaction ID: 1796216406324386edcb50148592424a667239317e1117433b341f222efda821

I just wanted to point out again that the six I ordered and then cancelled using paypal on the 21st are still being listed in your order log.  You might want to make sure you've got the correct tally.   

Also, I'm still looking to get some more BTC together to buy a few more by Coinbase is being less than ideal right now.  I'll keep you updated.

True story, I just figured that was the standard nomenclature. 

It has, I'll fix that presently.  Thanks!

Ordered 5 units with BTC at the following Transaction ID: 18c439611e53188c800367f8d16d393d44f80e23717115be72b27038be97ba04-000

P.S.  You might want to amend the order list.  You still have the 6 I ordered on 9/21 via Paypal listed.

Thanks!

4.5 BTC has been received from camolist (Transaction ID: 63a2a2e9cf770e7336be63a369178f888276bc2150f577232048b9a6153f59a2-000)

Excellent!  The remainder has been sent.

Thanks again!


You've got some weird driving laws in Ohio.  I guess that's why us Michigan drivers always seem to get pulled over at the border...  

P.S.  I tried to contact you via Skype, but it's possible I had the wrong username... which would result in a very odd message with a lot of acronyms in it for some poor Skyper.

@camolist:  These terms seem agreeable to me.  As I said, I started the process at Coinbase today, I don't know if their estimates are spot on but I don't see it taking any longer than the time you've allotted.

If everything is ok with you, I'd like to proceed by first sending you 1 LTC to ensure that the address is correct.  Once you have verified receipt of the first LTC, I will send the remaining 249 LTC.  The 250 total LTC, as collateral, shall be returned to me after I repay you the original stake of 4.5 BTC + 0.1 BTC interest by the end of September 2013.

My BTC receive address:  1JVfo7NhM18JA5khT5r5q5gFy1sqrFZ89z

My LTC receive address for return of collateral:  LXVBptjHTcrJoeN97W86xRyS5o5ZjMCSLh

Thank you!

Brian O'

@Kouye:  I see what you did there!

I have since fixed the OP to put the collateral at a higher value than what is being staked.

Howdy!

Who am I?  My name is Brian O'Connor, I've been mining LTC for awhile now and have been a primary contributing member on the WeMineCrypto forums, mostly helping with Hardware/Miner Configuration.  My username there is bmoconno-ltc (https://www.weminecryptos.com/forum/user/54-bmoconno-ltc/) and my Facebook page is http://www.facebook.com/bmoconno I can be reached at bmoconno<you know what goes here>mtu.edu for further confirmation of my identity.

How much?:  I am interested in a short term loan of around 6.16 4.5 BTC.

What's it for?:  The loan will to be used for the purchase of mining hardware from user ssinc's current Group Buy (https://bitcointalk.org/index.php?topic=296301.0).

Really? ...Mining?:  I realize that mining isn't really a profitable endeavor at this level especially with faster hardware always being developed.  I'm not really interested in making money off mining BTC, this is more of a hobby and will likely be incorporated into an off-grid solar powered mining system as a proof of concept.

Story Time!:  I have the funds to cover the purchase in USD, but the price discrepancy between BTC and USD (nearly $200 difference) is just too much for me to leave on the table.  I didn't realize that buying BTC off of a site like Coinbase takes nearly a full week (2-3 Days to verify account + 3-4 Days to transfer funds), causing a slight time constraint with the Group Buy ending on or around September 26th.

Collateral (not the Tom Cruise movie):  I currently have 250 LTC that I can put up as collateral.

What's in it for you?  That's for you to decide, I'd obviously like to pay as little interest as possible while also dealing with someone who has an established reputation as a reliable lender.

Please reply with offers, and if I find the terms acceptable, we will work the details here.

Thanks!

Brian O'

My BTC receive address:  1JVfo7NhM18JA5khT5r5q5gFy1sqrFZ89z

My LTC receive address for return of collateral:  LXVBptjHTcrJoeN97W86xRyS5o5ZjMCSLh

Edited:  Lowered amount requested to more closely represent what has been offered as collateral.
Edited:  Added more about myself, to help soothe the savage unicorn beast.

I placed an order for 6 this morning via Paypal, I was just wondering if there was any volume pricing for Paypal orders (vs BTC orders)?  As it stands right now, the same six would cost nearly $200 less had I purchased them with BTC.  If volume pricing isn't available, it might make more sense to cancel my order, buy BTC, then replace my order?

Any input would be greatly appreciated, Thanks!

Thank you, this made me smile.  I understand that people who chime in with the whole "You're wasting your time and money" thing are just trying to help out and let you know that this isn't a way to "get rich quick", but when I mentally read them it usually sounds a bit more like they are just being mean and trying to crush our dreams, you know, like when someone tells you "you can't have breakfast for dinner". 

P.S.  Screw those dudes, breakfast for dinner is the best!

...is a great comedy special from John Mulaney.

Also, I'm new here, so obviously I decided to post in the newbie section a "Hello World" post that will mostly never be read (except by other people who can't post on the forum yet, and possibly by moderators to ensure that I'm a real person... with feelings... and hopes... and dreams.).  I understand the need for new forum members to undergo this process of first having a legitimate post, then waiting a few hours before being able to do anything significant on the board... but I don't have to like it!

A bit about me:  I'm a guy and I like computers.  This basically means I'm a freshly falling snowflake (http://en.wikipedia.org/wiki/Snowflake#Uniqueness), and totally unlike the rest of you.  I've been mining LTC for nearly a year on the WeMineLTC pool, and have thoroughly enjoyed the experience.  I was, for a while, a primary contributor on their forum when people experienced problems or needed technical assistance with cgminer and their mining hardware.

Why I'm here:  I always felt like I "missed the bus" when it came to mining BTC (I've bought lots of BTC as an investment and to help show support for crypto-currencies.), but now that I have a collection of LTC rigs up and running I decided that I'd like to add some USB BTC miners to my systems.  I like that they have very minimal power consumption and that they are fairly cheap.  I know that I won't get rich, or probably even break even, with a small collection of USB miners... but I believe in the future of crypto, so I'll just keep holding onto whatever I produce and see how it goes.

Why are you still reading this:  Honestly, you probably aren't.  If you are, I'd like to reward you with a joke that you'd probably recognize from a certain TV show.

What did one Snowman say to the other Snowman?  Smells like carrots...

Anyways, thanks for you time and if you're reading this from a mobile device I'm sorry for wasting a bit of your data package.

Thanks, that does seem to be the general opinion around here.  I know that a ROI is very far off, if possible at all, but I'm ok with that for now.  There's always resale at a loss, if it ever comes to that.