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Author Topic: Block Erupter USB Sales [Temporarily Out of Stock]  (Read 93133 times)
Matthew N. Wright
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May 27, 2013, 11:19:33 AM
 #21

Looking good friedcat!

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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May 27, 2013, 12:14:35 PM
 #22

Thanks for lowering the minimum order!
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May 27, 2013, 03:14:46 PM
 #23

How do you mine with this? Is this plug and play with latest cgminer?
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May 27, 2013, 03:23:48 PM
 #24

AFAIK, it should work with cgminer 3.1.1 with this commandline:

Code:
./cgminer --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S /dev/ttyUSB0
(on linux)
or:
Code:
cgminer --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S COMx
(on windows, where x is the number of the virtual com port of the device)

But I have not tested yet. Still waiting for my device. Smiley


6strings
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May 27, 2013, 05:44:03 PM
 #25

Do you have any advertising promos? Or is there a specific link I can add to my sig to support this project? I love ideas like this and would like to support it in the best way I can right now. Since I obviously can't afford 50 of these puppies I'd like to give my support in the way of advertising for the product in my sig on various forums for the time being.
CanaryInTheMine
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May 27, 2013, 06:57:43 PM
 #26

Do you have any advertising promos? Or is there a specific link I can add to my sig to support this project? I love ideas like this and would like to support it in the best way I can right now. Since I obviously can't afford 50 of these puppies I'd like to give my support in the way of advertising for the product in my sig on various forums for the time being.
You could consider advertising group buys that go occur here...
I just finished my first one, will start the second one soon.

there are several people who run them, so take a look around and keep mining!! Smiley
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May 27, 2013, 07:07:04 PM
 #27

Do you have any advertising promos? Or is there a specific link I can add to my sig to support this project? I love ideas like this and would like to support it in the best way I can right now. Since I obviously can't afford 50 of these puppies I'd like to give my support in the way of advertising for the product in my sig on various forums for the time being.
You could consider advertising group buys that go occur here...
I just finished my first one, will start the second one soon.

there are several people who run them, so take a look around and keep mining!! Smiley

Glad to see the lower minimum. Would have joined CanaryInTheMine's group buy but am currently in A+C one that just finished in Europe. Will be watching carefully for new USA group buys and any change in pricing of ASICMINER products in the future(including new or upgraded capabilities). Go friedcat Go!

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May 27, 2013, 07:10:50 PM
Last edit: May 27, 2013, 07:57:07 PM by CanaryInTheMine
 #28

requesting payment address to place the order for our group buy here:  https://bitcointalk.org/index.php?topic=195647.0

PM sent...

This is exciting!!

Payment for 193 units sent: https://blockchain.info/tx/cfb20829772eb9a3e774fda0f405bd96dbcc53e2cc6d06505be925473f9a9093

haha!

The Universe/God LOVES irony/coincidences... look at this, click on the transaction id (above link) and see that the map flag is planted in Ukraine for relaying this transaction... Well, what are the odds of that?  Any statisticians here to calculate the odds?  I was born in Ukraine...
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May 28, 2013, 05:59:18 AM
 #29

Now that the order limit has been lowered to 50, is there interest in a Group Buy based in the Western US?  It would be run similar to CanaryInTheMine's at https://bitcointalk.org/index.php?topic=217981.0 but restricted to US orders only.  The cost would be a flat BTC2.1 per USB miner.  They would be shipped by Priority Mail.  I'm based in southern California, so orders from the western US would arrive earliest.  Orders would be collected using a Google Doc form such as https://docs.google.com/forms/d/1BuuD7-o_rmz1hIJrLrBstewoRD_iWt2wrEFiKCpadsA/viewform.  Reply or PM if you are interested, and if there is enough interest I will open it up.
bitx64
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May 28, 2013, 06:12:50 AM
 #30

Has anyone done a rough return on investment estimate on these?
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May 28, 2013, 06:29:22 AM
 #31

Has anyone done a rough return on investment estimate on these?

tldr: You'll never see the money back. Its like buying a 7790 but at double the cost.

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May 28, 2013, 06:36:36 AM
 #32

Has anyone done a rough return on investment estimate on these?

It depends what you are looking for in return - pure money from mining Bitcoin? Best estimate I've seen is approximately 12-24 months to recover their cost, depending on what the difficulty does over that time.

If, however, you want them more as a novelty, or, as I and a work colleague will be, you are going to use them to teach your children a bit about the cryptocurrency, then you might value them differently!

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bitx64
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May 28, 2013, 06:54:34 AM
 #33

Has anyone done a rough return on investment estimate on these?

tldr: You'll never see the money back. Its like buying a 7790 but at double the cost.

Yea it does feel a little pricey for the hash rate, although these would use significantly less electricity.

It depends what you are looking for in return - pure money from mining Bitcoin? Best estimate I've seen is approximately 12-24 months to recover their cost, depending on what the difficulty does over that time.

If, however, you want them more as a novelty, or, as I and a work colleague will be, you are going to use them to teach your children a bit about the cryptocurrency, then you might value them differently!

I am talking about financial return from mining bitcoin. I am considering grabbing some for the novelty, but honestly just haven't done my due diligence on whether the price point makes sense as a financial investment.


Random thought: wouldn't these be even cooler if they could be daisy chained? I'd imagine the power draw of putting these in series would be prohibitive though...

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May 28, 2013, 07:21:44 AM
 #34

I am talking about financial return from mining bitcoin. I am considering grabbing some for the novelty, but honestly just haven't done my due diligence on whether the price point makes sense as a financial investment.

You won't get much if any ROI. You might break even in 8+ months or so, but that depends entirely on how much hashrate comes online in the next months.

tl;dr - overpriced toy with no resale value.

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May 28, 2013, 09:24:40 AM
 #35

or, as I and a work colleague will be, you are going to use them to teach your children a bit about the cryptocurrency, then you might value them differently!

1. Plug in USB-Stick
2. Tell children that it mines Bitcoins now
3. Huh
4. Children have learned the whole Bitcoin-Thingy
5. Profit!

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May 28, 2013, 10:44:11 AM
 #36

or, as I and a work colleague will be, you are going to use them to teach your children a bit about the cryptocurrency, then you might value them differently!

1. Plug in USB-Stick
2. Tell children that it mines Bitcoins now
3. Huh
4. Children have learned the whole Bitcoin-Thingy
5. Profit!

There's more to it of course:

1. Setting up a PC / embedded system
2. Installing / managing a Linux system (under supervision of course)
3. Installing the mining software
4. Configuring and maintaining the whole system
5. Earn some pocket money for doing above

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jelin1984
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May 28, 2013, 11:09:03 AM
 #37

i am in for one
drofdelm
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May 28, 2013, 02:59:59 PM
 #38

What is the exact dimensions of a single finished Block Erupter USB sick?
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May 28, 2013, 04:09:54 PM
 #39

I think it is: 80mm x 40mm x 18mm
as posted here by friedcat: https://bitcointalk.org/index.php?topic=217104.msg2282898#msg2282898

[edit:]
ah ok, maybe these are the dimensions of the package, I don't know.
CanaryInTheMine
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May 28, 2013, 04:15:05 PM
 #40

i am in for one

if you're in US/Canada, you can order here: https://bitcointalk.org/index.php?topic=217981.0
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