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Author Topic: [Announcement] Block Erupter USB  (Read 251683 times)
velacreations
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May 08, 2013, 03:38:31 PM
 #361

Dividend for today is: 0.011 per share
Is that good or bad?

last week was like .0077, so it is a big increase.

Good.  Grin

By my calculations, if you expect an annual return of 30% from your dividends (.5% per week), then today's is a significant increase and the shares are drastically undervalued at current prices.  To stay at .5% per week at this dividend, the share value should be 2.2 btc.

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May 08, 2013, 03:41:20 PM
 #362

Dividend for today is: 0.011 per share
Is that good or bad?

Mostly irrelevant for the USB miner buyers.
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May 08, 2013, 03:49:55 PM
 #363

Dividend for today is: 0.011 per share
Is that good or bad?

-_-!, Let me put it this way. I am dancing balalaika right now, I am not even Russian!

Will take me a while to climb up again, But where is a will, there is a way...
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May 08, 2013, 05:21:27 PM
 #364

Dividend for today is: 0.011 per share
Is that good or bad?

-_-!, Let me put it this way. I am dancing balalaika right now, I am not even Russian!

Ka-ching! Cheesy  My own shares are outperforming my mining this week, then.

Serious questions about these devices' implementation of Icarus protocol though:

(1) are they interruptible (sending down a new work unit discards the one in progress immediately) to minimize stales?  This is a headache with my BFL FPGAs.
(2) If not interrupted, will they scan the entire noncerange or abort after hitting a share?
(3) Do they report found shares immediately or at the end of the work?
(4) Do they implement notification on exhausting the noncerange without finding a share?

I ask this because I'm considering rolling a little custom miner app just for them. Wink
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May 08, 2013, 08:05:18 PM
 #365

Can they be overclocked?
wrenchmonkey
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May 08, 2013, 08:41:04 PM
 #366

I am buying at least two in the US/Canada group buy. I like the idea so much I even started a little mining IPO called TURTLE MINING using these USB miners Smiley

It would take a special kind of twat to buy into an IPO of 600Mhash that will never break even on the purchase price. Then again, it takes a special kind of twat to buy these things at this price, and yet they're filling up group buys left and right.

7Billion people in the world. Gotta be a few thousand of the special kind of twat, right?  Roll Eyes

Block Erupter Overclocking 447 M/Hash, .006 (discounts if done in quantity) https://bitcointalk.org/index.php?topic=300206.msg3218480#msg3218480

Buy and sell mining shares (Bitfury). https://cex.io/r/1/wrenchmonkey/0/
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May 08, 2013, 10:15:06 PM
 #367

Yes. You are correct. IPO has been canceled.

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May 08, 2013, 10:23:31 PM
 #368

I am buying at least two in the US/Canada group buy. I like the idea so much I even started a little mining IPO called TURTLE MINING using these USB miners Smiley

It would take a special kind of twat to buy into an IPO of 600Mhash that will never break even on the purchase price. Then again, it takes a special kind of twat to buy these things at this price, and yet they're filling up group buys left and right.

7Billion people in the world. Gotta be a few thousand of the special kind of twat, right?  Roll Eyes

Hey man, fools and their money are lucky enough to get together in the first place; they were bound to part ways sooner or layer  Cheesy
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May 08, 2013, 10:43:59 PM
 #369

http://www.everythingusb.com/
The link above is a great place to announce your product - or even advertise. (it's on my read list)

Feel free to shower me in Bitcoin if it pans out. (See my signature)

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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May 08, 2013, 10:45:47 PM
 #370

Dividend for today is: 0.011 per share
Is that good or bad?

Good for those that bought it at IPO, shit for those that will buy it at 1.20 BTC per share and have to wait 110 weeks (2 years) for ROI.

Of course, there are around 375 AM shareholders who'd try to make you believe I'm talking crap and it's wonderful opportunity. You decide if you're gonna be a or not.

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Boelens
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May 09, 2013, 12:28:18 AM
 #371

I don't have enough USB ports to power 300 of these at once.

heheheh... that'd be one heck of a set up.

You'd need a whole lotta hubs, and a whole lotta adapters for these hubs.
augustocroppo
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May 09, 2013, 01:11:33 AM
 #372

I don't have enough USB ports to power 300 of these at once.

heheheh... that'd be one heck of a set up.

You'd need a whole lotta hubs, and a whole lotta adapters for these hubs.

http://www.engadget.com/2009/07/23/cambrionix-49-port-usb-hub-for-professionals-nerds/

Quote
Cambrionix 49-port USB hub for professional nerds



It's designed for professional test labs or even businesses where host-rigs must be protected against faulty USB devices. But there's nothing stopping you from decorating a living-room wall with this second-generation 49-port USB 2.0 hub from Cambrionix. Unless you consider the cost -- £399 / $657 (plus tax) -- or the fact that it requires an ATX-2 power supply to push 500mA across all 49-ports significant deterrents.
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May 09, 2013, 03:54:38 AM
 #373

Dividend for today is: 0.011 per share
Is that good or bad?

Good for those that bought it at IPO, shit for those that will buy it at 1.20 BTC per share and have to wait 110 weeks (2 years) for ROI.

Of course, there are around 375 AM shareholders who'd try to make you believe I'm talking crap and it's wonderful opportunity. You decide if you're gonna be a or not.

This
logicbomb666
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May 09, 2013, 05:07:18 AM
 #374

Then again, it takes a special kind of twat to buy these things at this price, and yet they're filling up group buys left and right.

It would take a special kind of twat to assume he/she understands every possible situation that every possible person in the world could be in, and then past judgement on their actions.


I think snare rolls should be used as a currency.
penta
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May 09, 2013, 05:41:05 AM
Last edit: May 09, 2013, 08:05:41 AM by penta
 #375

Dividend for today is: 0.011 per share
Is that good or bad?

Good for those that bought it at IPO, shit for those that will buy it at 1.20 BTC per share and have to wait 110 weeks (2 years) for ROI.

Of course, there are around 375 AM shareholders who'd try to make you believe I'm talking crap and it's wonderful opportunity. You decide if you're gonna be a or not.

This
P/E ratio of 2 not taking into consideration company growth, what a terrible price!
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May 09, 2013, 06:11:55 AM
 #376

Then again, it takes a special kind of twat to buy these things at this price, and yet they're filling up group buys left and right.

It would take a special kind of twat to assume he/she understands every possible situation that every possible person in the world could be in, and then past judgement on their actions.


Well said.  Mine may never mine any kind of crypto-currency.  May never even be powered on for that matter.

That's assuming I get it at all.  IMHO it would take a special kind of twat to have ordered a BFL a year ago, and extra-special one to have ordered one after the dirt started appearing, and a super-extra-special kind not to have grabbed a re-fund while it was still possible for those who made the mistake in the first place.


sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
Maciek
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May 09, 2013, 09:15:15 AM
 #377

What is the timeframe for the first batch of Block Erupter USB to be delivered to clients?
wrenchmonkey
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May 09, 2013, 03:18:24 PM
 #378

Then again, it takes a special kind of twat to buy these things at this price, and yet they're filling up group buys left and right.

It would take a special kind of twat to assume he/she understands every possible situation that every possible person in the world could be in, and then past judgement on their actions.



If you want it for your time capsule, that's cool too. But we all know that ASICMiner is preying on the people who are too stupid to do math.  Roll Eyes

Block Erupter Overclocking 447 M/Hash, .006 (discounts if done in quantity) https://bitcointalk.org/index.php?topic=300206.msg3218480#msg3218480

Buy and sell mining shares (Bitfury). https://cex.io/r/1/wrenchmonkey/0/
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May 09, 2013, 03:46:44 PM
 #379

I don't have enough USB ports to power 300 of these at once.

heheheh... that'd be one heck of a set up.

You'd need a whole lotta hubs, and a whole lotta adapters for these hubs.

http://www.engadget.com/2009/07/23/cambrionix-49-port-usb-hub-for-professionals-nerds/

Quote
Cambrionix 49-port USB hub for professional nerds



It's designed for professional test labs or even businesses where host-rigs must be protected against faulty USB devices. But there's nothing stopping you from decorating a living-room wall with this second-generation 49-port USB 2.0 hub from Cambrionix. Unless you consider the cost -- £399 / $657 (plus tax) -- or the fact that it requires an ATX-2 power supply to push 500mA across all 49-ports significant deterrents.

You'd still need a very good power supply for all these USB sticks though.
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May 09, 2013, 05:08:54 PM
Last edit: May 09, 2013, 05:46:02 PM by Adrian-x
 #380


If you want it for your time capsule, that's cool too. But we all know that ASICMiner is preying on the people who are too stupid to do math.  Roll Eyes

The price doesn't come down without consumer's investment in purchasing product, by my calculations a distributed network adds value to my BTC, and I think a USB miner in the hands of every person invested in Bitcoin is much safer than all AM chips mining for shareholders.

So I am buying a couple to stimulate demand.  The way I see it: it is a hardware dongle that allows your BTC wallet (be your own bank) to accumulate interest by providing transaction services to the network). The distributed network being a foundation design element in the Bitcoin Idea.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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