USB Bitcoin Miner in India !

[Pinwheel]

I doubt any one in India will bring the whole batch 300 USB miners here. At least why not to start thread and see if there can be group buy.

Also it is possible and more realistic to join other group buys like UK group, then they will ship it to India.

In any way it is purely symbolic thing, you can say I own ASIC. With all those terahashes joining network 300mgh is like something, which is better then nothing. Only ASICminer now 15TH/s, each Avalon chips batch 2.8 TH/s there is 3 already in process, and like each 4-5 weeks another 2.8 TH/s. The thing escalating very quickly.

BFL may ship too, better late then never.

[Benson Samuel]

Yeah, I picked up another 7850 today for alt coins.

[Ashitank]

Yeah, I picked up another 7850 today for alt coins.

How many cards do you mine with Benson,  what is your power bill.

I have 3 ATI 5850 which used for mining but power bill is just too much with all the three cards running.

[Benson Samuel]

Yeah, I picked up another 7850 today for alt coins.

How many cards do you mine with Benson,  what is your power bill.

I have 3 ATI 5850 which used for mining but power bill is just too much with all the three cards running.

I have very few cards left that are mining all over the place. I used to remote connect (with permission) to my friends systems and set up miners on them.
I stopped that a while ago.

I find power bills affordable and that seems to be more important to me for now.

[Pinwheel]

people was considering power bill too high 6 month ago too. consider what bitcoins will cost 6 month from now. And no doubt bitcoins will cost a lot, cause few people on top (who control mining) always will be interested to keep btc rate high, by selling little.

[Dashing]

Looks like it's IMPOSSIBLE to get 300 orders just from India, I'll have a look at shipping methods/pricing and allow people from all over to purchase as long as they bear the shipping cost

[Benson Samuel]

Looks like it's IMPOSSIBLE to get 300 orders just from India, I'll have a look at shipping methods/pricing and allow people from all over to purchase as long as they bear the shipping cost

How about working with another Teams group buy?

[Dashing]

Looks like it's IMPOSSIBLE to get 300 orders just from India, I'll have a look at shipping methods/pricing and allow people from all over to purchase as long as they bear the shipping cost

How about working with another Teams group buy?

that's something I want to avoid, as the main supplier, ships the miner for free and if we were to go with another groupbuy the price will go up by at least 500 - 600 rupees per miner to cover the shipping cost of the miners to India

[escrow.ms]

Looks like it's IMPOSSIBLE to get 300 orders just from India, I'll have a look at shipping methods/pricing and allow people from all over to purchase as long as they bear the shipping cost

How about working with another Teams group buy?

that's something I want to avoid, as the main supplier, ships the miner for free and if we were to go with another groupbuy the price will go up by at least 500 - 600 rupees per miner to cover the shipping cost of the miners to India

Yes but 300x13000 is a pretty big amount to collect.

It's better to buyin with some other group and get all miners shipped to india at 1 single place and then distribute it here.

[drdanishkhan]

IMHO i think its much better to invest that amount in buying btc and trading as that would be significantly more profitable.. Mining is getting progressively difficult and profitability is decreasing day by day.. if these miners could mine alternate coins then that would have been much better..

[Pinwheel]

IMHO i think its much better to invest that amount in buying btc and trading as that would be significantly more profitable.. Mining is getting progressively difficult and profitability is decreasing day by day.. if these miners could mine alternate coins then that would have been much better..

this miners can mine alternative cryptos very well, those cryptos which are SHA-256. Trading and mining do not contradict each other, you can mine some alternative crypto currency with these USB ASIC and use it to start trading.

here is nice table for alt coins

http://www.coinwarz.com/cryptocurrency

In fact most people who will buy those ASIC USB will do exactly that, mine alt coins. Mostly counting on future grow.

[drdanishkhan]

Now thats interesting.. so i can mine lets say litecoin or feathercoin with it ??

[Benson Samuel]

Now thats interesting.. so i can mine lets say litecoin or feathercoin with it ??

No, LTC and FTC are based on scrypt.

[Dashing]

Hey Guys,
Anyone still interested in these ? Friedcat has started to ship these, and if we can get 300 orders we can really get this going :/

Ps, I know 300 orders is a lot and the cash is again a lot :/ almost 13k each device

[apurvslam]

https://bitcointalk.org/index.php?topic=212085.0 

First 200 USB miners shipped.

wow! it looks better than i expected..seems a quality product..
anyone here ordered these?

[BitcoinBaBa]

look at them colors ! beautiful .. just a bit too expensive in my opinion. Have the deliveries started yet? someone please put up a youtube vid of them in action

[Dashing]

Just an update :
(https://bitcointalk.org/index.php?topic=217104.0)

friedcat has reduced the order numbers to 50 from 300 (before)

[Ashitank]

@ 300mh/s per device it seems ROI time will be  months to a year depending how far up north difficulty goes. Not a cool investment I guess.

[Pinwheel]

it can give around 380 mgh. I can import it if there will be demand on 3btc per USB miner.

[tadakaluri]

I am interested....... Please count me.