[Announcement] Block Erupter USB Ready to Hash Everywhere in the World

[PeZ]

Do these require a serial connection over USB drivers (FTDI)?

[arklan]

I wish I could buy one of these

why? they can't make roi ever, they are useless...

Not being an ass but can you elaborate?

it's the expected onlining of all the other aisc stuff. avalon, but their own units and the chips, the 100th mine, bfl, etc. difficulty is expected by most to launch like a saturn 5 rocket and leave the moon in it's wake.

if that actually happens, ROI with these will go from the current 4 or 5 months (or whatever it is) to longer and longer, until eventually the electrical cost of running one, plus the host pc, exceeds what it earns.

[rupy]

Yes ROI is going to be rough, but you have no idea of what the future price of BTC will be.

Also, buying one of these; just for the _fun_ of it and helping the BTC community, is more important than how rich you get!

It's the idea that is important, not the product!

[dropt]

Yes ROI is going to be rough, but you have no idea of what the future price of BTC will be.

+1

[RubenLeFuck]

Good Work, look great.

[firefop]

I wish I could buy one of these

why? they can't make roi ever, they are useless...

Not being an ass but can you elaborate?

it's the expected onlining of all the other aisc stuff. avalon, but their own units and the chips, the 100th mine, bfl, etc. difficulty is expected by most to launch like a saturn 5 rocket and leave the moon in it's wake.

if that actually happens, ROI with these will go from the current 4 or 5 months (or whatever it is) to longer and longer, until eventually the electrical cost of running one, plus the host pc, exceeds what it earns.

Your math is wrong - roi on these at ~2btc each is 4 to 60 months. I definately isn't the best option because of the sidecosts associated with running 300 of these... but it definately is doable

[crazyates]

I've said it before: 0.5BTC or under and maybe we'll talk. 2BTC is just ridiculous.

[dhenson]

Just to nail the point home, these have a MHash/Sec/$ rate of approximately 1.31 whereas an upcoming KNC Jupiter has a MHash/Sec/$ over 50.

https://en.bitcoin.it/wiki/Mining_hardware_comparison

These little guys will take approximately 38 x longer to receive a profit.

Oh, and the value of BTC doesn't factor into the equation at all as you are paying in BTC and receiving BTC through mining.

However, that being said.  I think overall these will help drive the price of bitcoin up as people mining with them won't want to sell their bitcoin at current rates.

[Tigggger]

I've said it before: 0.5BTC or under and maybe we'll talk. 2BTC is just ridiculous.

It's a fantastic piece of kit, kudos to AM for coming up with it

I have to agree 2BTC is way too much.

Glad to see you are making 10,000 of them though, there's a good chance the price will drop to a more realistic level soon

[romerun]

I think friedcat should make a version that the hashing power is suppressed. As the time goes on, he may send a command to unlock some of it for another 0.2Btc to keep up with the rising hash rate. This way, he does not have to make a new hardware over and over, and starts collect subscription fee instead.

It also mess with the mind people trying to guess whether of not a device can meet ROI, so they have no choice but to buy anyway.

That 10G blade could be sold for 2 btc using this scheme.

 

[guitarplinker]

I agree with the others, if the price was 0.5 BTC then I'd definitely buy one. No chance of me buying one - or a bundle when they're priced around $240 each. For that price I could get a 7870 which does around 400 MH/s, comes with free games and has a better resale value. Only real downside is that it takes more power, but it can be used for gaming, or Folding@Home as well.

[byronbb]

I was thinking he could have shipped them at a discount but locked them to his own mining pool.

[arklan]

http://www.thinkgeek.com/product/eecf/?srp=4

anybody know if this thing could actually power 28 (heck, even 20) of these miners at once? 4 amp power supply, i think.

[fcmatt]

Very cool! Well done. Too expensive for me but i really appreciate the effort and speed of manufacturer.

[Tranz]

I wish I could buy one of these

why? they can't make roi ever, they are useless...

Not being an ass but can you elaborate?

it's the expected onlining of all the other aisc stuff. avalon, but their own units and the chips, the 100th mine, bfl, etc. difficulty is expected by most to launch like a saturn 5 rocket and leave the moon in it's wake.

if that actually happens, ROI with these will go from the current 4 or 5 months (or whatever it is) to longer and longer, until eventually the electrical cost of running one, plus the host pc, exceeds what it earns.

blah.. run these off a pi solar powered.  free money

[dropt]

http://www.thinkgeek.com/product/eecf/?srp=4

anybody know if this thing could actually power 28 (heck, even 20) of these miners at once? 4 amp power supply, i think.

4A, so it could theoretically safely power 7-8 miners (assuming ~500mA draw).

[ninjaboon]

Congrats OP on the rollout. Glad to see big progress on this. Wished I had some BTC to spare but the price is a blocker for me.

[dan99]

I wish I could buy one of these

why? they can't make roi ever, they are useless...

Not being an ass but can you elaborate?

it's the expected onlining of all the other aisc stuff. avalon, but their own units and the chips, the 100th mine, bfl, etc. difficulty is expected by most to launch like a saturn 5 rocket and leave the moon in it's wake.

if that actually happens, ROI with these will go from the current 4 or 5 months (or whatever it is) to longer and longer, until eventually the electrical cost of running one, plus the host pc, exceeds what it earns.

Kind of scarry but if you see this as a hobby that should be ok, such as golfing, fishing, paragliding and bitcoin mining

[apetersson]

german/austrian group buy:
https://bitcointalk.org/index.php?topic=201958.msg2139583

if you are not picking them up locally it is 10 max for shipping

current status: 197(min) 271 (max)

[fernandezdec]

How can I get my hands in one of these miners?