Bitcoin Forum
November 10, 2024, 04:18:36 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Is USB Erupter ever profitable?  (Read 479 times)
mintedstone (OP)
Member
**
Offline Offline

Activity: 84
Merit: 10



View Profile
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?

▌▌   Anonymous and Untraceable     ›› ››   DeepOnion  ‹‹ ‹‹     TOR INTEGRATED & SECURED    ▌▌
▬▬▬▬▬▬▬▬▬▬     ANN  Whitepaper  FACEBOOK  Twitter  Youtube  Forum     ▬▬▬▬▬▬▬▬▬▬
▌▌   ••  JOIN AIRDROP 🚀  ••  |||   Download DeepOnion   |||   ✅ Verified with DeepVault    ▌▌
b!z
Legendary
*
Offline Offline

Activity: 1582
Merit: 1010



View Profile
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
Legendary
*
Offline Offline

Activity: 4494
Merit: 3403



View Profile
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.

Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!