USA/Canada [Group Buy #4 @680/50] ASICMiner Erupter USB 2.04236 each @ 5 units

[MikeMike]

Can you guys explain to me why you are buying these devices, which have no other value but for mining of BTC?

I just do not see how these would be profitable given the current growth of the difficulty.

They are readily available and they work.

They are also silent and efficient.

I've wanted to mine for a while, but was turned off by the power requirements of GPU mining.  I like having a source of bitcoins that isn't dependent on exchanges.

BINGO!

[ralphte]

Value is the biggest idea people care not to mention when it comes to mining bitcoins. I have read so much about difficulty increase with ASIC and how there not going to be profitable. But the math is not static. You can make predictions on ROI with difficulty and current value but the potential value for the Bitcoin could be through the roof and make the coins you got from your USB miner very profitable even if it is very few. The power consumption is so low you have only Bitcoins to gain. The USB ASIC makes it so easy to mine. At the end of the day you can run them forever and still make something. Even if a very small %. They are over priced but take a look at what they re going for a ebay! Makes the bitcoin price look good. Anyways just my 2 cents.

[ftping]

Value is the biggest idea people care not to mention when it comes to mining bitcoins. I have read so much about difficulty increase with ASIC and how there not going to be profitable. But the math is not static. You can make predictions on ROI with difficulty and current value but the potential value for the Bitcoin could be through the roof and make the coins you got from your USB miner very profitable even if it is very few. The power consumption is so low you have only Bitcoins to gain. The USB ASIC makes it so easy to mine. At the end of the day you can run them forever and still make something. Even if a very small %. They are over priced but take a look at what they re going for a ebay! Makes the bitcoin price look good. Anyways just my 2 cents.

I think you mean your 2 satoshis. 

[MikeMike]

Value is the biggest idea people care not to mention when it comes to mining bitcoins. I have read so much about difficulty increase with ASIC and how there not going to be profitable. But the math is not static. You can make predictions on ROI with difficulty and current value but the potential value for the Bitcoin could be through the roof and make the coins you got from your USB miner very profitable even if it is very few. The power consumption is so low you have only Bitcoins to gain. The USB ASIC makes it so easy to mine. At the end of the day you can run them forever and still make something. Even if a very small %. They are over priced but take a look at what they re going for a ebay! Makes the bitcoin price look good. Anyways just my 2 cents.

Plus- It's a really "______________" to do...because "____________________"!!!

[WuLabsWuTecH]

So the real question here is....


WHEN IS GROUP BUY 5 STARTING???!!!!

LOL

SOON!!! get those funds ready...

The WULabsWuTecH ACH Saga has ended!  I got my funds over to campBX finally today!  Will the prices be the same, or should I hold off on buying BTC until you know what price group 5 will be?

[WuLabsWuTecH]

Can you guys explain to me why you are buying these devices, which have no other value but for mining of BTC?

I just do not see how these would be profitable given the current growth of the difficulty.

Novelty purpose!  I plan on sticking on in each of my work computers via a USB extension and let it sit as a decoration on my desk!

[conv3rsion]

Can you guys explain to me why you are buying these devices, which have no other value but for mining of BTC?

I just do not see how these would be profitable given the current growth of the difficulty.

They ship. And they are the first mass produced USB ASIC, which is awesome in its own right.

People say that if difficulty increases too fast, you would have been better off buying coins.

They are right, so I do both.

[WuLabsWuTecH]

nutschig; 3; 6.2323; 1ytGN1TKPDd9U18zSjBQG5q9R9sDz8Tco

This buy is already closed mate

[WuLabsWuTecH]

nutschig; 3; 6.2323; 1ytGN1TKPDd9U18zSjBQG5q9R9sDz8Tco

This buy is already closed mate

He is on the list on the 1st post in this thread.

So is this buy closed or not?  Can I still get in on it?

[CanaryInTheMine]

So the real question here is....


WHEN IS GROUP BUY 5 STARTING???!!!!

LOL

SOON!!! get those funds ready...

The WULabsWuTecH ACH Saga has ended!  I got my funds over to campBX finally today!  Will the prices be the same, or should I hold off on buying BTC until you know what price group 5 will be?

should be the same price table, although i'm going to change minimum required for free upgrade to next day shipping (current model wasn't priced all that properly), will up the Canadian minimum (to encourage Canadian purchase groups... I really don't like dealing with customs forms when I have to ship outside of US) and the add on to next day fedex will cost .3.

[CanaryInTheMine]

nutschig; 3; 6.2323; 1ytGN1TKPDd9U18zSjBQG5q9R9sDz8Tco

This buy is already closed mate

He is on the list on the 1st post in this thread.

So is this buy closed or not?  Can I still get in on it?

grp 4 is closed. miners are already on their way from friedcat.
group 5 is starting soon.

[WuLabsWuTecH]

grp 4 is closed. miners are already on their way from friedcat.
group 5 is starting soon.

Awesome! Money is in all the right places this time so I'll be ready to go.  Any idea when soon is?  Before the week is out?

[HorusFTW]

Canary: Understandable about the costs/qty increases for Canada. I'm hoping that i can combine my group 4 purchase with another 5 units in group 5. That would cut down on one customs form and some shipping costs likely.

This must be a full-time job atm! You're time is appreciated!!

[drlukacs]

One factor most do not take into account is Bitcoin has the potential of increasing in value into the Thousands of Dollars per 1- BTC.

If so, then why would you spend your BTC now instead of wait until it goes up, and then exchange it?

I was considering profitability or breaking even when everything is calculated in BTC (and even ignoring electricity costs).

[WuLabsWuTecH]

nutschig; 3; 6.2323; 1ytGN1TKPDd9U18zSjBQG5q9R9sDz8Tco

This buy is already closed mate

Yup, was delayed by the four hour Newbie timeout. Just got unlocked this morning.

That makes a lot more sense now!

[CanaryInTheMine]

I believe I've got everything updated correctly on first page.  please take a look.
those with a RED NO, please send a signed message with your shipping info.
those with GREEN YES, you're all set.

if somehow anyone is still missing from the order list, please let me know ASAP!!

[tyler26]

I believe I've got everything updated correctly on first page.  please take a look.
those with a RED NO, please send a signed message with your shipping info.
those with GREEN YES, you're all set.

if somehow anyone is still missing from the order list, please let me know ASAP!!

Sent you a PM with my signed msg. Does the "---" just mean you haven't received a message yet?

[CanaryInTheMine]

I believe I've got everything updated correctly on first page.  please take a look.
those with a RED NO, please send a signed message with your shipping info.
those with GREEN YES, you're all set.

if somehow anyone is still missing from the order list, please let me know ASAP!!

Sent you a PM with my verified msg. Does the "---" just mean you haven't received a message yet?

correct

[Zapit1]

I sent a pm with the signed message again, Canary...hopefully did it right this time...   ...and can get the red "No" taken away from beside my name...
-thanks...

[CanaryInTheMine]

I sent a pm with the signed message again, Canary...hopefully did it right this time...   ...and can get the red "No" taken away from beside my name...
-thanks...

Please resend.