Capitalism Prevails (OP)
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June 05, 2013, 06:21:54 AM |
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Is the mining difficulty so high that these devices won't pay for themselves?
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BTC: 1KX3MSyeHoubjvRMvkc4DXBXvEx9fr9cvV Strength In Numbers LTC: LaGawfU1ZJu33Lj6CX6NJ5WXWsfjPbLLLW In Cryptography We Trust NMC: N5EUwGbCNF1AYmZqNu9J7aYJVKxqbJoJG8 Cut Off One Node, Two More Will Take Its Place
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Preschoolv2
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June 05, 2013, 06:29:47 AM |
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Of course not. Do the math and youll see its pointless.
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RiseOfTH
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June 05, 2013, 08:17:23 AM |
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Where can get more info on USB ASIC miner?
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J35st3r
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June 05, 2013, 08:27:10 AM |
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Is the mining difficulty so high that these devices won't pay for themselves?
Its not the current difficulty that counts. If it stayed the same you'd get your BTC back in 200 days. But it won't stay the same, so how to you rate your crystal ball? Have a play with http://coinish.com/calc (NB use expert mode to see the effect of increase in difficulty), and take a look at these threads https://bitcointalk.org/index.php?board=81.0
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1Jest66T6Jw1gSVpvYpYLXR6qgnch6QYU1 NumberOfTheBeast ... go on, give it a try
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KizunaAikawa
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June 05, 2013, 08:31:15 AM |
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they are pretty much novelty items at this point
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rumbitla
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June 05, 2013, 08:35:53 AM |
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For 1 BTC they would be nice.
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rn4j0r
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June 05, 2013, 10:15:48 AM |
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They basically are only good for helping get new people interested/familiar with bitcoin.
They cant mine anything really.
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r.freeman
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June 05, 2013, 10:19:36 AM |
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Is the mining difficulty so high that these devices won't pay for themselves?
Check hashrate of the devices from wiki, calculate expected btc/month $/month, calculate power usage and get the profit. Assume profit will be lowering each week a bit since increasing difficulty.
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pawelek
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June 05, 2013, 11:58:16 AM |
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If you want you can take one unit and test it )
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falkspearl
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June 05, 2013, 12:08:56 PM |
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1.So if i want to spend a quite small amount of money on mining rig, what should I be interested in? I mean that the cost of the purchase should be around 2-3 graphics cards. 2. Is USB ASIC mining worth some cash when one mines alternate cryptocurrencies?
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chncoinsavior
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June 05, 2013, 12:16:21 PM |
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no
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excavator
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June 05, 2013, 12:26:13 PM |
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If you want you can take one unit and test it )
Can someone please add a link to these usb devices? I saw some discussion here some time ago but at that point theye were not selling them one unit at a time, one had to order something like a thousand units at least AFAI remembe...r
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J35st3r
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June 05, 2013, 12:39:02 PM |
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If you want you can take one unit and test it )
Can someone please add a link to these usb devices? I saw some discussion here some time ago but at that point theye were not selling them one unit at a time, one had to order something like a thousand units at least AFAI remembe...r https://bitcointalk.org/index.php?topic=195004.msg2025318#msg2025318 but there are group buys (go up a level into custom hardware threads). NowNOT worth it IMHO, but its your call. Do the math on the ROI. [Edit] after all I've been bleating on about the last couple of days. I put in a typo that contradicts myself. Sigh. It might be worth it at 1.0 BTC, but not 2.0 BTC
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1Jest66T6Jw1gSVpvYpYLXR6qgnch6QYU1 NumberOfTheBeast ... go on, give it a try
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JaSK
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June 05, 2013, 12:56:33 PM |
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It's probably a convenient way of mining at work ^^
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treybird510
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June 05, 2013, 02:32:00 PM |
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Found it on this website, on here its 1.40 BTC (Don't know how you do that fancy shit with the sign and all) http://www.asicgigahash.com/product/k1-nano/But its one of them pre-order bullshits, don't know if its as long as lets say BFL or something.
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treybird510
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June 05, 2013, 10:32:54 PM |
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stompysteve
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June 05, 2013, 10:40:52 PM |
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yea that doesnt look legit
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treybird510
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June 06, 2013, 01:03:42 AM |
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I'm having trouble finding where I can buy these little devils. Other than that asicgigahash website. Could I get a link to that thread?
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cale
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June 06, 2013, 01:13:32 AM |
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I'm having trouble finding where I can buy these little devils. Other than that asicgigahash website. Could I get a link to that thread?
you can find them on ebay. but its not 1.4 btc there
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