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marketorder (OP)
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September 04, 2013, 10:24:06 PM |
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I was looking on a profit calculator site and with the current difficulty i would made .30 cents a days worth does that sound correct with a 330 mhs usb miner? Would I make more if I was in a pool, what's the best pool and the most I can make in a pool in 24 hours?
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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dbbit
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September 05, 2013, 12:07:54 AM |
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It's closer to 23c a day, and ONLY if you plug it into a device that anyway has to be on. If it doesn't have to be on already, you're negative out of the gate.
I think the best you can do with 1 of these guys is form a solo miner and hope you get a full block payout over its life.
Odds are significantly against you (1 in 1000 if you leave it on 24/7 over the next difficulty period), but that's probably better than the odds of sticking $35 into a Vegas slot machine and hoping for a $3500 jackpot. But even then it's only worth it if your electricity is otherwise already accounted for.
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Xyver
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September 05, 2013, 01:58:33 AM |
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I got one and stuck it in a Raspberry Pi. Takes <10 watts, so I can run it till the difficulty hits like 2 billion before the BTC produced stops paying for power.
Now the question is, will I make my BTC back before that happens....
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timk225
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September 05, 2013, 06:23:27 PM |
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No. You got screwed, 330 Mhash is NOTHING in today's 86 million BTC difficulty.
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asor
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September 05, 2013, 08:10:49 PM |
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330 means ~0.0020 BTC per day. You'll made .268 cents per day when gox is at $134. You never get back your money, except you using the sun  |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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September 05, 2013, 08:51:04 PM |
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330 means ~0.0020 BTC per day. You'll made .268 cents per day when gox is at $134. You never get back your money, except you using the sun It doesn't matter what he uses. If he paid for the stick in bitcoin, he will never get his money back. |
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sampathneo
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September 06, 2013, 08:12:09 AM |
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you can make good profit if you make asicminer farm instaed of one asicminer
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dbbit
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September 06, 2013, 09:33:17 AM |
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you can make good profit if you make asicminer farm instaed of one asicminer
Only if you can get the asicminer farm for free, or close to it. At this point the absolute max you should pay per GHS is $40 / BTC 0.3. |
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Ferroh
Member
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Activity: 111
Merit: 100
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September 06, 2013, 09:37:16 AM |
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you can make good profit if you make asicminer farm instaed of one asicminer
If one ASIC miner is not profitable, adding more doesn't make them any more profitable. If one ASIC miner loses 10% of your money spent on the device, then 5 ASIC miners also lose ~10% of your money spent on the devices. |
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k9quaint
Legendary
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Activity: 1190
Merit: 1000
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September 06, 2013, 03:29:26 PM |
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you can make good profit if you make asicminer farm instaed of one asicminer
So on one device he loses money, but he will make up for it in volume?  |
Bitcoin is backed by the full faith and credit of YouTube comments.
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timk225
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September 06, 2013, 04:58:57 PM |
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When will people get it through their thick frickin' heads.... IT IS TOO LATE to start mining BTC with ANYTHING except an ASIC farm, and even then you may not make any profit!!!!!
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asor
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September 06, 2013, 05:30:35 PM |
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You can still make money using USB miners. The one and only question is, if it is possible to get back to ROI and there's only one unknown value in the formula: How long can you mine until your miners is broken. You can use solar or other free power to run your miner(s), but you can't do anything against a broken miner (except to cooling).
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Bitweasil
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September 06, 2013, 06:34:26 PM |
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Solar is not "free power" if you calculate the system costs in...
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asor
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September 06, 2013, 07:24:39 PM |
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Yep, that's right, but you can also use use the panel without any miner and if you decide to sell the panel you still get nearly 70% back... that's my experience.
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Bitweasil
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September 06, 2013, 07:39:18 PM |
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The games people play to try and pretend the USB miners are worth buying make the games that crashed the economy in 2008 look like child's play...
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timk225
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September 06, 2013, 08:20:33 PM |
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Ya rly!  Now, if you could STEAL a ton of USB miners, and run a power cord to your neighbors' house, so your investment in hardware and electricity was zero, then yes you could make a profit with them. So there's your plan. Find out where Butterfly Labs is located, scope the place out, and grab a few boxes of USB miners and RUN!!!!! |
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bcp19
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September 06, 2013, 08:32:00 PM |
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Ya rly! Now, if you could STEAL a ton of USB miners, and run a power cord to your neighbors' house, so your investment in hardware and electricity was zero, then yes you could make a profit with them. So there's your plan. Find out where Butterfly Labs is located, scope the place out, and grab a few boxes of USB miners and RUN!!!!! Great plan... except... BFL don't make the USB miners, ASICMiner does. |
I do not suffer fools gladly... "Captain! We're surrounded!"
I embrace my inner Kool-Aid.
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asor
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September 06, 2013, 08:38:43 PM |
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Ya rly! Now, if you could STEAL a ton of USB miners, and run a power cord to your neighbors' house, so your investment in hardware and electricity was zero, then yes you could make a profit with them. So there's your plan. Find out where Butterfly Labs is located, scope the place out, and grab a few boxes of USB miners and RUN!!!!! Great plan... except... BFL don't make the USB miners, ASICMiner does. Damn... I'm already in front of the BFL building |
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jamesc760
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September 07, 2013, 02:51:47 AM |
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"usb miner and profit" in one sentence? Lol. Lmao. Rotfl. You guys are too funny.
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Eastwind
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September 07, 2013, 09:36:59 AM |
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"usb miner and profit" in one sentence? Lol. Lmao. Rotfl. You guys are too funny.
It depends on the price of USB miner and cost of total electricity used for mining and the system. |
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