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Author Topic: GPU mining profit vs. ebay depreciation  (Read 6230 times)
krayzie32
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July 29, 2013, 11:28:19 AM
 #21

Who's dumb enough to pay $250 for 300-400M hash when you can get a USB Eruptor for alot less, save power and have more per computer.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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July 30, 2013, 04:38:52 PM
 #22

Who's dumb enough to pay $250 for 300-400M hash when you can get a USB Eruptor for alot less, save power and have more per computer.


Who's dumb to buy a USB Eruptor that will never even pay for itself.
krayzie32
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July 31, 2013, 11:41:14 AM
 #23

Same people buying GPU's to mine now.

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July 31, 2013, 05:01:02 PM
 #24

Same people buying GPU's to mine now.
altcoin.

still profitable.

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August 05, 2013, 05:15:52 PM
 #25

Same people buying GPU's to mine now.

well, I haven't looked at the eBay prices for the 'USB Eruptors', but at least several times a week you can find deals on GPUs where you could turn on a profit on eBay right when they hit your doorstep & after fees

since i don't know the resale value of the USB Eruptor, I wouldnt pay more than $10 for one from a ROI perspective

btw, you can buy 7790's that can do 330mhash for $80
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August 05, 2013, 09:32:03 PM
 #26

If you assume an ebay price drop of $50/year, that's $0.14/day in lost sales cost. At a BTC price of $100, you need to be making 1.4 mBTC per day to break even. Right now, 300 MH/s = 5.7 mBTC/day. So you're still better off mining now and selling later, given your assumption of free electricity.

You cant make 5.7mBTC per day at 300 Mhps its has become harder in the two weeks.

Im running at 340 Mhps im only making 0.0025 BTC today at current speed.

last week I was making 0.044 BTC

Its a big difference.

Last month I was making 0.05
krayzie32
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August 07, 2013, 01:22:55 PM
 #27

Same people buying GPU's to mine now.

well, I haven't looked at the eBay prices for the 'USB Eruptors', but at least several times a week you can find deals on GPUs where you could turn on a profit on eBay right when they hit your doorstep & after fees

since i don't know the resale value of the USB Eruptor, I wouldnt pay more than $10 for one from a ROI perspective

btw, you can buy 7790's that can do 330mhash for $80

I can't find any 7790 card that sold that cheap the ones I see go for $100-150, when you can buy an USB stick for about $60.  I sold all of my USB sticks at a profit on eBay.  eBay buyers are not the smartest, heck I've sold a lot of ChromeCasts for retardedly high prices.

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August 08, 2013, 12:15:32 AM
 #28

Same people buying GPU's to mine now.

well, I haven't looked at the eBay prices for the 'USB Eruptors', but at least several times a week you can find deals on GPUs where you could turn on a profit on eBay right when they hit your doorstep & after fees

since i don't know the resale value of the USB Eruptor, I wouldnt pay more than $10 for one from a ROI perspective

btw, you can buy 7790's that can do 330mhash for $80

I can't find any 7790 card that sold that cheap the ones I see go for $100-150, when you can buy an USB stick for about $60.  I sold all of my USB sticks at a profit on eBay.  eBay buyers are not the smartest, heck I've sold a lot of ChromeCasts for retardedly high prices.
hmmm, yeah, looks like the cheapest is $105 now.


re: the $80

Submitted:
5/28/2013 3:17:21 PM

1   
PowerColor AX7790 1GBD5-DH/OC Radeon HD 7790 1GB 128-bit GDDR5 PCI Express 3.0 CrossFireX Support Video Card
Item #: N82E16814131490
VGA Standard Return Policy
$139.99

1   
AMD Gift FARCRY3 Blood Dragon BIOSHOCK
Item #: N82E16800995157
Standard Return Policy

1   
AMD Tomb Raider - Level up
Item #: N82E16800995164
VGA Standard Return Policy

..........

it had a $25 MIR to drop it to $115, then sold the games for $35
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