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Author Topic: Is USB Erupter ever profitable?  (Read 461 times)
mintedstone (OP)
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September 01, 2013, 06:27:41 AM
 #1

The price of USB Erupter going down very quickly, and yet at 0.3-0.4 BTC each, shall we ever get the investment back? At the current diff, each USB Erupter can mine about 2.5X10^-4 BTC per day, which means it can get 0.4 BTC in 160 days (or 5+ months). But with BTC diff rapidly going up, I suspect that the investment can never be recovered. Is my computation correct?

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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b!z
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September 01, 2013, 06:28:45 AM
 #2

Yes, buy it for cheap and mine while you find a buyer to sell it for higher.
odolvlobo
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September 01, 2013, 06:40:27 AM
 #3

Whether or not it is profitable depends on how much you pay for one and what happens to the difficulty. In 6 months or so, the cost of power, cooling, and space will also become a factor.

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