Who's planning to retail these USB miners in India?

[Fifth_ID]

My monitor has 3 spare USB ports and I'm sorta interested in these USB miners from Bit Fountain:
https://bitcointalk.org/index.php?topic=195004.0

[Pinwheel]

My monitor has 3 spare USB ports and I'm sorta interested in these USB miners from Bit Fountain:
https://bitcointalk.org/index.php?topic=195004.0

what retail price in India can be. bulk price 1.99 btc one USB stick.

who will buy 300 usb sticks (it is minimum purchase for retailers)

[Benson Samuel]

Am interested, but it is way too overpriced.

[Pinwheel]

that is what I'm telling. In India if product not priced right you will sale nothing

[Benson Samuel]

that is what I'm telling. In India if product not priced right you will sale nothing

I am sure that they will all sell if done with the right marketing edge.

Just very tough to answer questions when customers realize that they cannot make their money back in any reasonable time frame with 300 MHashs.

Would earn roughly .5 BTC a month with 300 MH at current difficulty.

It is a good way to increase the number of hobby miners though.

[Pinwheel]

mext thing will be motherboards with preistalled  ASICs.

[Dashing]

well, you can mine other Alt-coins which are SHA-256 based like terracoin and PPCoin

if there is some demand and we can reach 300, I can add it to bitocean.in store

[Dashing]

Done.

http://bitocean.in/prestashop/index.php?id_product=8&controller=product

will work on the site more atm, to make it better and non "generic"

[Pinwheel]

I can bring 50 ASICminer USB is there will be demand for 3btc per USB miner

[tadakaluri]

I am interested to purchase one....... Please count me.

[nagatlakshmi]

Yes, it is over priced.

[karlsberg]

Yes, it is over priced.

A little bit But what else you can buy for 2 BTC? Maybe a used ZTEX with 200 Mhash/s or a cheap Graphics Card with a hude powerconsuption.

You have to see this little device as a gadget for beginners wich wan't (or can't) invest 50BTC for an Avalon. The times for 2 month ROI is over and Bittcoin isn't a fast get rich sheme

Yust my opinion.

For everyone who is still interested on such a sweet device:

Code:

Hey guys. I've bought some in a group buy and that devices are very sweet  Wink

The minimum amount is reduced to 50 (+1 for free) and i almost can order that amount alone. If someone is interested you can jump in. The price will be around 2.25 BTC (including shipping and fees). Feel free to PM and ask questions.

[Ashitank]

I can bring 50 ASICminer USB is there will be demand for 3btc per USB miner

Why dont you also explain how one can ever expect to get any ROI in foreseeable future on buying these devices for 3BTC other than only you minting money of dumb folks here.

[Benson Samuel]

I can bring 50 ASICminer USB is there will be demand for 3btc per USB miner

Why dont you also explain how one can ever expect to get any ROI in foreseeable future on buying these devices for 3BTC other than only you minting money of dumb folks here.

50 miners produces 15 Ghash/s.

Could be used anywhere on very low power consumption.
Can be given away as a novelty miner for marketing purposes.

But seems to be more as an item being sold for miners and early adopters only. If we look at the pricing of 2 BTC, this is an unrealistic amount, understanding that not everyone has 1 BTC in their balance.

The pricing should reflect the overall economic distribution rather than pure BTC terms. May not be able to penetrate large markets until that happens.

[karlsberg]

I can bring 50 ASICminer USB is there will be demand for 3btc per USB miner

Why dont you also explain how one can ever expect to get any ROI in foreseeable future on buying these devices for 3BTC other than only you minting money of dumb folks here.

Well the topic is "Who's planning to retail these USB miners in India?" 

It was just an offer from me to India  . I don't think that someone really believes to make big/fast money by mining Bitcoins.

And who cares the ROI?  It's a hobby and everybody that hasn't the cash for a hobby should look out for another extracurricular activity

[Pinwheel]

I don't think that someone really believes to make big/fast money by mining Bitcoins.

People spending millions of dollars on mining equipment.

https://bitcointalk.org/index.php?topic=223248.0

ASICminer pays millions of dollars per week as dividends.

400000 shares x 0.03814687 (btc per share) = 15258.748 btc   X 110 (usd) = 1678462.28 usd

why is that you believe, it is impossible to make money with mining.

[Ashitank]

I can bring 50 ASICminer USB is there will be demand for 3btc per USB miner

Why dont you also explain how one can ever expect to get any ROI in foreseeable future on buying these devices for 3BTC other than only you minting money of dumb folks here.

Well the topic is "Who's planning to retail these USB miners in India?"  

It was just an offer from me to India  . I don't think that someone really believes to make big/fast money by mining Bitcoins.

And who cares the ROI?   It's a hobby and everybody that hasn't the cash for a hobby should look out for another extracurricular activity

As far as I read bitcoin market in India is a bit too expensive to be taken up as hoby 

If you are selling these devices for hobby or even to promote Bitcoin in India   ,  I would expect you to price the devices accordingly , Which doesn't seem to be the case as per price offered by you per device you are out to make profit on this deal so why not expect the buyer to expect a turn around on his purchase from you , hence ROI is very valid. 

[karlsberg]

I don't make the prices. There are fees, taxes etc. in EU to import and export them. It was just an offer and i forced nobody to buy. However, finally i got mine and i like that little bastards.

To the prices in India i can't really tell something. But here, 1 BTC dont even nearly reaches the costs when i go out one evening with my girl, watching a film, dancing after and having some drinks

I know that there are some big players in BTC, but we have enought exaples from the past what happends when the bubble burst 

Thats just my oppinion, i also understand yours.

So best wishes to india and happy mining.

[escrow.ms]

I don't make the prices. There are fees, taxes etc. in EU to import and export them. It was just an offer and i forced nobody to buy. However, finally i got mine and i like that little bastards.

To the prices in India i can't really tell something. But here, 1 BTC dont even nearly reaches the costs when i go out one evening with my girl, watching a film, dancing after and having some drinks

I know that there are some big players in BTC, but we have enought exaples from the past what happends when the bubble burst 

Thats just my oppinion, i also understand yours.

So best wishes to india and happy mining.

Well in 1 BTC an average indian can buy 1 month of food for his family,as for block erupters i don't think they will be successfull in india for mining at that price.

Current BTC rate: 110 (Price is also not stable)
Difficulty level: 15605632 (Which is rising daily)
Cost of USB : Lets say 2.5 BTC/275 USD / 15675
Earning per day : 1$ @ 300MHs

So, if someone buys it, he need to run his pc for 275 days 24x7 to get his investment back.

[Street Jammer]

is tought to break even with this sticks and way over priced