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Author Topic: Can you solo mine with block eruptor or not?  (Read 1265 times)
QuintLeo
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December 15, 2015, 09:14:58 AM
 #21

Anything's possible... likely? No, it will take you millions of years to find a block on average. As for why they sell them to you, it's because it's easy to sell hardware to people who don't know what it is they're buying if the sales pitch is all bullshit.


I bought on Amazon UK, And sales pitch was that I could earn at least 25 bitcoin per month. If that's really not true I will raise an issue with Amazon

 Probability of earning 25 bitcoin every month pretty much ZERO.

 You MIGHT get lucky and get a block once a few DECADES.




 I'm currently running a little over 7 TERRAHASH and pulling in on average a bit more than 1 bitcoin a MONTH (pool mining via Slush's pool) - which has been dropping quite a bit due to high diffuculty increases since the release of the S7 and especially the release of the Avalon 6 (and ramped up production/sales of both).

 IIRC the Block Eruptors had a highest version around 350 MH - that's less than 1/20000 (yes, One over Twenty THOUSAND) of the hashrate of my current Bitcoin mining setup. You do the math.

I'm no longer legendary just in my own mind!
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Adwoif
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December 15, 2015, 04:43:27 PM
 #22

You can mine also with a block eruptor, but there is a very small chance you will find a block.

The higher your hashrate, the bigger your 'luck' of find a block. The problem with your hashrate is that you use a very outdated miner. It is like you are playing watchting movies on a VHS casette. Almost nobody does it, since it just makes no sense..
alpher
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December 15, 2015, 05:00:26 PM
 #23

Anything's possible... likely? No, it will take you millions of years to find a block on average. As for why they sell them to you, it's because it's easy to sell hardware to people who don't know what it is they're buying if the sales pitch is all bullshit.


I bought on Amazon UK, And sales pitch was that I could earn at least 25 bitcoin per month. If that's really not true I will raise an issue with Amazon

I seriously doubt that, bet that it actually said "up to 25 bitcoins per month", which is in theory true.
notlist3d
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December 15, 2015, 05:30:43 PM
 #24

Anything's possible... likely? No, it will take you millions of years to find a block on average. As for why they sell them to you, it's because it's easy to sell hardware to people who don't know what it is they're buying if the sales pitch is all bullshit.


I bought on Amazon UK, And sales pitch was that I could earn at least 25 bitcoin per month. If that's really not true I will raise an issue with Amazon

I seriously doubt that, bet that it actually said "up to 25 bitcoins per month", which is in theory true.


Can you post the amazon listing? I find it hard to believe this happening to.  I can't imagine anyone listing that way.

If so if you contact amazon I bet you could get money back.  (Depending on time and if you believed it.. which is hard to believe anyone would believe).   But amazon is very good on taking care of customers if listed wrong.
Giulini
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December 15, 2015, 09:07:14 PM
 #25

the block "eruptors" are history, they were so aesthetic, nice lights, no noise, the good old days of mining ...
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