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Author Topic: I need advice on mining hardware prices....  (Read 1852 times)
miguelik
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November 04, 2015, 09:53:49 PM
 #1

Hello;

i am about to buy an antminer U2 and another U1 (USB), the usb port and the mini usb fan.

All that for 25 euros+ sending=35 euros more or less

Do you think it is a nice price?
I know it will be not profitable at all although i don´t pay for electricity.

 thanks  Grin Grin Grin Grin

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November 05, 2015, 03:01:07 AM
 #2

You said it yourself, even if you don't pay for electricity, they will never be profitable.
What's your motivation to mine if it isn't to make money?

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November 05, 2015, 04:20:36 AM
 #3

I suppose your just going to buy it for fun and to see how the whole mining world words for starters, if I'm correct then yes it's a nice start plus it's cheap ... But if your after earning something then you better think twice as it's not going to earn you anything at all  Wink

miguelik
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November 05, 2015, 02:37:54 PM
 #4

You said it yourself, even if you don't pay for electricity, they will never be profitable.
What's your motivation to mine if it isn't to make money?

I would like to learn about the world of bitcoins.

I also found today a gridseed miner for 30 euros, with that i would be able to learn  about both bitcoin and litecoin as it is a dualminer...
Thats my motivation

¿Eres nuevo y quieres aprender sobre Bitcoin? Apúntate a mi curso y conviértete en un experto! Aprende a minar, a calcular rentabilidad, a comprar y vender... Más info: www.cursostartbitcoin.es
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November 05, 2015, 03:39:24 PM
 #5

You said it yourself, even if you don't pay for electricity, they will never be profitable.
What's your motivation to mine if it isn't to make money?

I would like to learn about the world of bitcoins.

I also found today a gridseed miner for 30 euros, with that i would be able to learn  about both bitcoin and litecoin as it is a dualminer...
Thats my motivation


No you won't  as  they struggle to do bitcoin and it is pretty old gear.

look into a compac stick from germany

https://bitcointalk.org/index.php?topic=1141518.0

easy to run and a good learning tool.

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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November 07, 2015, 02:31:57 AM
 #6

You said it yourself, even if you don't pay for electricity, they will never be profitable.
What's your motivation to mine if it isn't to make money?

I would like to learn about the world of bitcoins.

I also found today a gridseed miner for 30 euros, with that i would be able to learn  about both bitcoin and litecoin as it is a dualminer...
Thats my motivation


To bad you don't live in the states I would give you this gridseed orb I have sitting in front of me just pay the shipping for it. But would cost more to ship it than it is worth.
miguelik
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November 07, 2015, 08:33:41 AM
 #7

You said it yourself, even if you don't pay for electricity, they will never be profitable.
What's your motivation to mine if it isn't to make money?

I would like to learn about the world of bitcoins.

I also found today a gridseed miner for 30 euros, with that i would be able to learn  about both bitcoin and litecoin as it is a dualminer...
Thats my motivation


To bad you don't live in the states I would give you this gridseed orb I have sitting in front of me just pay the shipping for it. But would cost more to ship it than it is worth.
thanks for that , but i think the shipping to Europe is quite expensive  Grin

Glad to see some people whi really want to help...

¿Eres nuevo y quieres aprender sobre Bitcoin? Apúntate a mi curso y conviértete en un experto! Aprende a minar, a calcular rentabilidad, a comprar y vender... Más info: www.cursostartbitcoin.es
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November 07, 2015, 09:18:18 AM
 #8

You said it yourself, even if you don't pay for electricity, they will never be profitable.
What's your motivation to mine if it isn't to make money?

I would like to learn about the world of bitcoins.

I also found today a gridseed miner for 30 euros, with that i would be able to learn  about both bitcoin and litecoin as it is a dualminer...
Thats my motivation


To bad you don't live in the states I would give you this gridseed orb I have sitting in front of me just pay the shipping for it. But would cost more to ship it than it is worth.
thanks for that , but i think the shipping to Europe is quite expensive  Grin

Glad to see some people whi really want to help...

The compac usb miner has a europe maker.   You might check it out.   It's in the groupbuy section.

But any of these are good at teaching you about mining.  And good to play with.  The compac will be the most efficient by far.
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November 07, 2015, 03:41:53 PM
 #9

Hello;

i am about to buy an antminer U2 and another U1 (USB), the usb port and the mini usb fan.

All that for 25 euros+ sending=35 euros more or less

Do you think it is a nice price?
I know it will be not profitable at all although i don´t pay for electricity.

 thanks  Grin Grin Grin Grin

It's too bad everything is so expensive over there.  Do I think that's a good price?  Not at all.  I bought 5 U2 sticks over a year and a half ago for a total of $80 including shipping.  At the time I bought them, BTC was about $450, so my entire purchase cost 0.185BTC.  That gave me 10GH/s total mining power.  My expected return since then is 0.11270157BTC.  So, after over 18 months I've still not made back what I spent on the hardware.  I didn't buy them for profit, however.  I bought them for fun.  For quite some time they've been playing the lottery by solo mining.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
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November 07, 2015, 05:59:33 PM
 #10

Hello;

i am about to buy an antminer U2 and another U1 (USB), the usb port and the mini usb fan.

All that for 25 euros+ sending=35 euros more or less

Do you think it is a nice price?
I know it will be not profitable at all although i don´t pay for electricity.

 thanks  Grin Grin Grin Grin

It's too bad everything is so expensive over there.  Do I think that's a good price?  Not at all.  I bought 5 U2 sticks over a year and a half ago for a total of $80 including shipping.  At the time I bought them, BTC was about $450, so my entire purchase cost 0.185BTC.  That gave me 10GH/s total mining power.  My expected return since then is 0.11270157BTC.  So, after over 18 months I've still not made back what I spent on the hardware.  I didn't buy them for profit, however.  I bought them for fun.  For quite some time they've been playing the lottery by solo mining.

On the compac you can get one for 50 Euros, and free shipping to a lot of Europe - https://bitcointalk.org/index.php?topic=1141518.0

I suggest checking it out as for the extra 15 euros it's much more efficient then U2 and U1, and gets you more power.
miguelik
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November 08, 2015, 01:46:43 PM
 #11

Hello;

i am about to buy an antminer U2 and another U1 (USB), the usb port and the mini usb fan.

All that for 25 euros+ sending=35 euros more or less

Do you think it is a nice price?
I know it will be not profitable at all although i don´t pay for electricity.

 thanks  Grin Grin Grin Grin

It's too bad everything is so expensive over there.  Do I think that's a good price?  Not at all.  I bought 5 U2 sticks over a year and a half ago for a total of $80 including shipping.  At the time I bought them, BTC was about $450, so my entire purchase cost 0.185BTC.  That gave me 10GH/s total mining power.  My expected return since then is 0.11270157BTC.  So, after over 18 months I've still not made back what I spent on the hardware.  I didn't buy them for profit, however.  I bought them for fun.  For quite some time they've been playing the lottery by solo mining.

On the compac you can get one for 50 Euros, and free shipping to a lot of Europe - https://bitcointalk.org/index.php?topic=1141518.0

I suggest checking it out as for the extra 15 euros it's much more efficient then U2 and U1, and gets you more power.
thanks ill take a look

¿Eres nuevo y quieres aprender sobre Bitcoin? Apúntate a mi curso y conviértete en un experto! Aprende a minar, a calcular rentabilidad, a comprar y vender... Más info: www.cursostartbitcoin.es
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November 08, 2015, 01:50:05 PM
 #12

My U2 is not working half of time...
and so far i do not understand why.

http://u2cloudmining.winspiral.net (faucet-trade-reinvestment-JACKPOT-PTC).[payout as well possible by Perfect Money and Faucethub][XMR minining for dollar]
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November 09, 2015, 12:02:43 PM
 #13

Gridseed has been TOTALLY UNPROFITABLE as a SHA256 miner for a long time now. They were close to that point when first released.

 They can be profitable if you have fairly low electric cost as a Litecoin (Scrypt) miner, but they're getting marginal even there unless your electric is well under 8 cents/KWH or so.

The "blades" never were designed for SHA256 mining, they don't have the power capability OR the cooling and WILL FRY FAST if you try.

 The "orbs" were designed to dual-mine but the power circuitry was marginal for that.



 The "Compaq" stick does not have a European maker but they do have a European reseller.
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November 09, 2015, 12:17:56 PM
 #14

Gridseed has been TOTALLY UNPROFITABLE as a SHA256 miner for a long time now. They were close to that point when first released.

 They can be profitable if you have fairly low electric cost as a Litecoin (Scrypt) miner, but they're getting marginal even there unless your electric is well under 8 cents/KWH or so.

The "blades" never were designed for SHA256 mining, they don't have the power capability OR the cooling and WILL FRY FAST if you try.

 The "orbs" were designed to dual-mine but the power circuitry was marginal for that.



 The "Compaq" stick does not have a European maker but they do have a European reseller.

Thans, after all the advice people gave me i think i wont buy the gridseed as it woll fry itself (i dont really care about profitability).
And as im interested in mining bitcoins not alcoins i will ahve to continue my search.

Thanks for you advice

¿Eres nuevo y quieres aprender sobre Bitcoin? Apúntate a mi curso y conviértete en un experto! Aprende a minar, a calcular rentabilidad, a comprar y vender... Más info: www.cursostartbitcoin.es
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November 09, 2015, 02:53:37 PM
 #15

Gridseed has been TOTALLY UNPROFITABLE as a SHA256 miner for a long time now. They were close to that point when first released.

 They can be profitable if you have fairly low electric cost as a Litecoin (Scrypt) miner, but they're getting marginal even there unless your electric is well under 8 cents/KWH or so.

The "blades" never were designed for SHA256 mining, they don't have the power capability OR the cooling and WILL FRY FAST if you try.

 The "orbs" were designed to dual-mine but the power circuitry was marginal for that.



 The "Compaq" stick does not have a European maker but they do have a European reseller.

Are you sure on this?  I'm pretty sure it's made in Europe or at least assembled there.- https://bitcointalk.org/index.php?topic=1141518.0

The site from thread that sales them is - https://www.bitshopper.de/ they also have a amazon but amazon is higher priced since amazon fees.

It's a completely different design for Europe and includes free shipping to some of it and vat included.  So price is higher then US version but it is good it's available if your in Europe.
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November 09, 2015, 03:01:35 PM
 #16

Gridseed has been TOTALLY UNPROFITABLE as a SHA256 miner for a long time now. They were close to that point when first released.

 They can be profitable if you have fairly low electric cost as a Litecoin (Scrypt) miner, but they're getting marginal even there unless your electric is well under 8 cents/KWH or so.

The "blades" never were designed for SHA256 mining, they don't have the power capability OR the cooling and WILL FRY FAST if you try.

 The "orbs" were designed to dual-mine but the power circuitry was marginal for that.



 The "Compaq" stick does not have a European maker but they do have a European reseller.

Are you sure on this?  I'm pretty sure it's made in Europe or at least assembled there.- https://bitcointalk.org/index.php?topic=1141518.0

The site from thread that sales them is - https://www.bitshopper.de/ they also have a amazon but amazon is higher priced since amazon fees.

It's a completely different design for Europe and includes free shipping to some of it and vat included.  So price is higher then US version but it is good it's available if your in Europe.

It's assambled in europe by bitshopper.de, it's printed right on the stick Wink

 

                                       
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November 09, 2015, 04:17:55 PM
 #17

Gridseed has been TOTALLY UNPROFITABLE as a SHA256 miner for a long time now. They were close to that point when first released.

 They can be profitable if you have fairly low electric cost as a Litecoin (Scrypt) miner, but they're getting marginal even there unless your electric is well under 8 cents/KWH or so.

The "blades" never were designed for SHA256 mining, they don't have the power capability OR the cooling and WILL FRY FAST if you try.

 The "orbs" were designed to dual-mine but the power circuitry was marginal for that.



 The "Compaq" stick does not have a European maker but they do have a European reseller.

Are you sure on this?  I'm pretty sure it's made in Europe or at least assembled there.- https://bitcointalk.org/index.php?topic=1141518.0

The site from thread that sales them is - https://www.bitshopper.de/ they also have a amazon but amazon is higher priced since amazon fees.

It's a completely different design for Europe and includes free shipping to some of it and vat included.  So price is higher then US version but it is good it's available if your in Europe.

Thanks!
I am now thinking about buying or the Usb that reaches 23gh/s (8 without overcloking) or the miner that gives a hashrate of 63 gh/s.
I don´t pay for electricity and as they cost the same the choice would be clear but;
I have read that it sounds at 25 db (dont know how much that is but will try to investigate);
for my reasons, i can only have that at my room, and... i like sleeping XD.
While an Usb i guess that would do no sound np?
THanks for your reply

¿Eres nuevo y quieres aprender sobre Bitcoin? Apúntate a mi curso y conviértete en un experto! Aprende a minar, a calcular rentabilidad, a comprar y vender... Más info: www.cursostartbitcoin.es
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November 09, 2015, 04:40:34 PM
 #18

Gridseed has been TOTALLY UNPROFITABLE as a SHA256 miner for a long time now. They were close to that point when first released.

 They can be profitable if you have fairly low electric cost as a Litecoin (Scrypt) miner, but they're getting marginal even there unless your electric is well under 8 cents/KWH or so.

The "blades" never were designed for SHA256 mining, they don't have the power capability OR the cooling and WILL FRY FAST if you try.

 The "orbs" were designed to dual-mine but the power circuitry was marginal for that.



 The "Compaq" stick does not have a European maker but they do have a European reseller.

Are you sure on this?  I'm pretty sure it's made in Europe or at least assembled there.- https://bitcointalk.org/index.php?topic=1141518.0

The site from thread that sales them is - https://www.bitshopper.de/ they also have a amazon but amazon is higher priced since amazon fees.

It's a completely different design for Europe and includes free shipping to some of it and vat included.  So price is higher then US version but it is good it's available if your in Europe.

Thanks!
I am now thinking about buying or the Usb that reaches 23gh/s (8 without overcloking) or the miner that gives a hashrate of 63 gh/s.
I don´t pay for electricity and as they cost the same the choice would be clear but;
I have read that it sounds at 25 db (dont know how much that is but will try to investigate);
for my reasons, i can only have that at my room, and... i like sleeping XD.
While an Usb i guess that would do no sound np?
THanks for your reply

Indeed, a compac stick is soundless. But the PC where you plug in the stick might make a sound

 

                                       
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miguelik
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November 09, 2015, 04:51:41 PM
 #19

Gridseed has been TOTALLY UNPROFITABLE as a SHA256 miner for a long time now. They were close to that point when first released.

 They can be profitable if you have fairly low electric cost as a Litecoin (Scrypt) miner, but they're getting marginal even there unless your electric is well under 8 cents/KWH or so.

The "blades" never were designed for SHA256 mining, they don't have the power capability OR the cooling and WILL FRY FAST if you try.

 The "orbs" were designed to dual-mine but the power circuitry was marginal for that.



 The "Compaq" stick does not have a European maker but they do have a European reseller.

Are you sure on this?  I'm pretty sure it's made in Europe or at least assembled there.- https://bitcointalk.org/index.php?topic=1141518.0

The site from thread that sales them is - https://www.bitshopper.de/ they also have a amazon but amazon is higher priced since amazon fees.

It's a completely different design for Europe and includes free shipping to some of it and vat included.  So price is higher then US version but it is good it's available if your in Europe.

Thanks!
I am now thinking about buying or the Usb that reaches 23gh/s (8 without overcloking) or the miner that gives a hashrate of 63 gh/s.
I don´t pay for electricity and as they cost the same the choice would be clear but;
I have read that it sounds at 25 db (dont know how much that is but will try to investigate);
for my reasons, i can only have that at my room, and... i like sleeping XD.
While an Usb i guess that would do no sound np?
THanks for your reply

Indeed, a compac stick is soundless. But the PC where you plug in the stick might make a sound
Yap, i will plug it into my laptop, which is soundless.

¿Eres nuevo y quieres aprender sobre Bitcoin? Apúntate a mi curso y conviértete en un experto! Aprende a minar, a calcular rentabilidad, a comprar y vender... Más info: www.cursostartbitcoin.es
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November 09, 2015, 05:04:28 PM
 #20

Gridseed has been TOTALLY UNPROFITABLE as a SHA256 miner for a long time now. They were close to that point when first released.

 They can be profitable if you have fairly low electric cost as a Litecoin (Scrypt) miner, but they're getting marginal even there unless your electric is well under 8 cents/KWH or so.

The "blades" never were designed for SHA256 mining, they don't have the power capability OR the cooling and WILL FRY FAST if you try.

 The "orbs" were designed to dual-mine but the power circuitry was marginal for that.



 The "Compaq" stick does not have a European maker but they do have a European reseller.

Are you sure on this?  I'm pretty sure it's made in Europe or at least assembled there.- https://bitcointalk.org/index.php?topic=1141518.0

The site from thread that sales them is - https://www.bitshopper.de/ they also have a amazon but amazon is higher priced since amazon fees.

It's a completely different design for Europe and includes free shipping to some of it and vat included.  So price is higher then US version but it is good it's available if your in Europe.

Thanks!
I am now thinking about buying or the Usb that reaches 23gh/s (8 without overcloking) or the miner that gives a hashrate of 63 gh/s.
I don´t pay for electricity and as they cost the same the choice would be clear but;
I have read that it sounds at 25 db (dont know how much that is but will try to investigate);
for my reasons, i can only have that at my room, and... i like sleeping XD.
While an Usb i guess that would do no sound np?
THanks for your reply

Indeed, a compac stick is soundless. But the PC where you plug in the stick might make a sound
Yap, i will plug it into my laptop, which is soundless.


Even better is a raspberryPI.  If you end up running it 24x7 you will really like the low electricity use of the RPI vs a laptop. 

It's a little bit more upfront cost but will save you overtime.  I highly suggest getting one.
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