[Announcement] Block Erupter USB

[furuknap]

Update
We also tested it on the USB-hub. Seven in a row run over a whole night and are all very stable.

So... Why does the USB Hub say 10 ports and there are only 9 then? Huh? Huh? Some sort of scam, methinks...

OK, I'll start being serious. Great update, love the look, just geeky enough to appeal to those who would be technical enough to understand one.

.b

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[r3animation]

Update
We also tested it on the USB-hub. Seven in a row run over a whole night and are all very stable.

So... Why does the USB Hub say 10 ports and there are only 9 then? Huh? Huh? Some sort of scam, methinks...

OK, I'll start being serious. Great update, love the look, just geeky enough to appeal to those who would be technical enough to understand one.

.b

There's a port at the end facing outwards. I have the same one.

[furuknap]

There's a port at the end facing outwards. I have the same one.

Hah! That's just something you say because you're an ASICMiner fanboi and want to drive share prices higher!!! Prove it! Not that you have one that *looks* like this that you could have gotten anywhere, but that you have *the same one*, meaning the one *in this picture*, which, of course, also means you have to prove that nobody has just replaced it with a mockup with 10 ports just to fake the evidence.

Otherwise, it's all clearly proven it's a scam.

OK, OK, I'll start being serious in 3... 2... 1... NOW!

Speaking of share price, the BTCT PT seems to have a whole lot of sellers at low numbers. Any theories from anyone as to why? The future looks bright and all; why would someone dump large amounts of shares now compared to last week when the price was ฿0.1 higher?

.b

[SmiGueL]

Because you asked for it  

[furuknap]

Because you asked for it  

Yeah, I think I've dragged that one as far as it will go.

Seriously, though, what would cause the price to drop so much and the willingness to sell rise on positive news only? It's like Apple had announced the iPhone 7 would give users free sex and beer and everyone suddenly dumping their shares...

.b

[arklan]

I am curious how the individual units in the bulk 300 order will be packaged.

as am i.

[Socket54]

as far as i see, there is no intention from sellers to lower price ... so i guess everybody who say ill buy 10 when price will get lower should rethink their plans

The plan is to wait until competing products drive the price down. It will happen eventually.

I am gonna wait till they are about 30-50 bucks or so in a few months on ebay or see if the other usb: https://bitcointalk.org/index.php?topic=196281.0

is around the cheaper price they are shooting for.

[arklan]

Update

We also tested it on the USB-hub. Seven in a row run over a whole night and are all very stable.
image snip

Would they fit with the heatsinks attached?  It looks like there might be a problem there.

wait - so, if they'll run without the heatsinks, why did you make/order heatsinks that we now have to pay for?

The heatsink costs $0.1 or so and mitigates the temperature from the hashing IC. The IC works fine on high temperature but it may hurt the fingers if accidentally touched at its back.

[vivabitcoin]

With everyone bitching about the price I think I want to add my two cents. The only feasible way the price is going to drop is if no one buys these, for a while. But because we all want these so bad, there are going to be some of us who are going to drop the 2BTC on them. Especially for those of us who bought into BTC when it was cheap. As long as there is demand at the current price, it shouldn't drop too much. The company can simply substitute with more mining... So in the end, the price will probably not be dropping until another company creates a similar one... But until then, I'm just gonna look at these pictures and wish I had a fatter wallet.

[SilentSonicBoom]

Update

This is a picture showing the relative size to the laptop. One with heatsink and one without.


We also tested it on the USB-hub. Seven in a row run over a whole night and are all very stable.

Will these fit in usb as shown with heatsinks attached? Also, are they usb 2.0 compatible ( I assume they are). Finally, will they work on bitminter with their java program. Thanks.

[stripykitteh]

Because you asked for it  

Yeah, I think I've dragged that one as far as it will go.

Seriously, though, what would cause the price to drop so much and the willingness to sell rise on positive news only? It's like Apple had announced the iPhone 7 would give users free sex and beer and everyone suddenly dumping their shares...

.b

Probably because everyone heard I bought AM last week. 

[daemondazz]

Probably because everyone heard I bought AM last week. 

So it's all your fault!

Back on topic, wanna organise a group buy for Aus?

[JaredR26]

With everyone bitching about the price I think I want to add my two cents. The only feasible way the price is going to drop is if no one buys these, for a while. But because we all want these so bad, there are going to be some of us who are going to drop the 2BTC on them. Especially for those of us who bought into BTC when it was cheap. As long as there is demand at the current price, it shouldn't drop too much. The company can simply substitute with more mining... So in the end, the price will probably not be dropping until another company creates a similar one... But until then, I'm just gonna look at these pictures and wish I had a fatter wallet.

Buying like this is like a giant game of chicken.  Some people will buy it.  They will benefit from earlier hashing power.  Those who wait may get a lower price, but at a higher hashrate over less time.

Except you're not playing chicken with the guy selling.  You're playing with all of the other buyers.

[byronbb]

Obviously this is not good value, and should not be viewed as a means to mine for profit, but to help decentralise the network. If you hold bitcoins and have gained in equity thanks to the upward price movements, trading a small part of your gains to help support the network and defend your overall investment is worth considering.

[stripykitteh]

Probably because everyone heard I bought AM last week. 

So it's all your fault!

Back on topic, wanna organise a group buy for Aus?

Not a bad idea.

[PeZ]

Let's see a video of them actually mining. I'm having a hard time believing these little things actually work at 300MH/s.

[Franktank]

Let's see a video of them actually mining. I'm having a hard time believing these little things actually work at 300MH/s.

Proof? They attach about 32 chips per board (10 GH/s per board) and mine with them:

https://bitcointalk.org/index.php?topic=178275.0

Want to see it in action? They use those boards themselves, ASICMiner is easily 20% of the current network:

https://www.btcguild.com/index.php?page=rankings [User 67117]

http://bitminter.com/livestats/big [realasicminer]

That work?

[Jaxkr]

Awesome product.
Unfortunately, your price point is, to be blunt, retarded.

Yeah. Don't get it. I can get a Jalapeño from BFL (eww) for just a little more, and I get 5 GH/s, as opposed to 300 MH/s.

[Franktank]

Awesome product.
Unfortunately, your price point is, to be blunt, retarded.

Yeah. Don't get it. I can get a Jalapeño from BFL (eww) for just a little more, and I get 5 GH/s, as opposed to 300 MH/s.

Yes, that is a valid point but be prepared to wait awhile. Is there a premium on ASICMiner products (compared to Avalon/BFL)? Yes, because you get your product within a week. If folks are willing to wait for Avalon/BFL for lower prices, feel free to do so. Question you have to ask is do you want your hash power now or later?

There are folks trying to get their batches of Avalon chips, making USB miners of their own. If they can do it, that's great! Competition for AM and they'll have to react to the market. However, ASICMiner will have technical support and quality control for their USB miners. Can the DIY Avalon USB miners say the same?

[Anonymousg64]

Maybe you should consider CedarTec, although the debate on their legitimacy is not over.

https://bitcointalk.org/index.php?topic=170739.0