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Author Topic: Price of USB Erupter falls like a rock  (Read 1035 times)
timerland (OP)
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September 30, 2013, 09:06:58 AM
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The price of USB Erupter falls like a rock. It was 2 Bitcoins each, then 1, then 0.5, now I see 0.20BTC, even 0.17 BTC. Anyone sees lower price? It is profitable to buy at this price?

Smiley
greyhawk
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September 30, 2013, 09:22:08 AM
 #2

no
Birdy
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September 30, 2013, 09:23:21 AM
 #3

As long as difficulty goes up like a rocket this will keep happening, I don't think it will be profitable to buy them at the moment.

Just take a look at this: http://bitcoindifficulty.com/
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September 30, 2013, 09:37:19 AM
 #4

Yea, they are kind of useless now becuase of the difficulty!
Nagato4
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September 30, 2013, 09:40:34 AM
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The price of USB Erupter falls like a rock. It was 2 Bitcoins each, then 1, then 0.5, now I see 0.20BTC, even 0.17 BTC. Anyone sees lower price? It is profitable to buy at this price?

At current difficulty and the rapid rising trend, it is not profitable unless you have free electricity.

ampbuster
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September 30, 2013, 09:41:39 AM
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The price of USB Erupter falls like a rock. It was 2 Bitcoins each, then 1, then 0.5, now I see 0.20BTC, even 0.17 BTC. Anyone sees lower price? It is profitable to buy at this price?

At current difficulty and the rapid rising trend, it is not profitable unless you have free electricity.

It might not be profitable even if you have free electricity :p

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Birdy
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September 30, 2013, 09:42:28 AM
 #7

At current difficulty and the rapid rising trend, it is not profitable unless you have free electricity.

Even with free electricity they may not be profitable. (Also usually someone has to pay for that electricy, even if its not you)
Reaper3
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September 30, 2013, 09:47:04 AM
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At current difficulty and the rapid rising trend, it is not profitable unless you have free electricity.

Even with free electricity they may not be profitable. (Also usually someone has to pay for that electricy, even if its not you)

You will devalue your computer by running them.

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Buffer Overflow
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September 30, 2013, 09:53:57 AM
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You will devalue your computer by running them.

Why?

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September 30, 2013, 11:59:03 AM
 #10

The price of USB Erupter falls like a rock. It was 2 Bitcoins each, then 1, then 0.5, now I see 0.20BTC, even 0.17 BTC. Anyone sees lower price? It is profitable to buy at this price?


Time to buy Cheesy
But how much power do they have?

emisi
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September 30, 2013, 12:12:00 PM
 #11

The price of USB Erupter falls like a rock. It was 2 Bitcoins each, then 1, then 0.5, now I see 0.20BTC, even 0.17 BTC. Anyone sees lower price? It is profitable to buy at this price?

No, because the difficulty goes up, so it is not profitable...  Wink

pppooppl
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September 30, 2013, 12:56:30 PM
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How about Block Erupter "Blade"?
btceic
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September 30, 2013, 12:58:55 PM
 #13

.11 now,
https://bitcointalk.org/index.php?topic=294977.0

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September 30, 2013, 01:55:32 PM
 #14

Even if the USB Erupter price falls, don't buy cause you are still making a loss!!! (unless you really calculated your ROI)

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September 30, 2013, 01:56:37 PM
 #15

If they get under .10 I might buy a few to give away to friends and family.

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September 30, 2013, 02:07:28 PM
 #16

On your own, everyone is correct about the difficulty and never seeing ROI, let alone a profit.  Take a look over at Solarwindming. They have some great incentives for everyone just getting started, to even well seasoned investors. 
Check it out here: https://bitcointalk.org/index.php?topic=297334.0

Maybe worth your while if you're just getting started and are interested in mining.

(side note, this wait to post thing is terrible)
timerland (OP)
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September 30, 2013, 04:21:45 PM
 #17

Thanks for all the great thoughts. Yes I have a few USB erupters, just to have some fun, not expect any profit. Don't see even with all those big ASIC rigs that in the promise and not yet delivered will bring in any profit either.

Smiley
nuffsaid420
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September 30, 2013, 05:48:35 PM
 #18

I'm onboard with most other posters here. You would have to calculate ROI, and from mine and everyone elses numbers it seems like the difficulty has gotten to high. My question though is... what about other cypto-exchanges? Can we not mine for those coins to?
Reaper3
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September 30, 2013, 05:50:44 PM
 #19

You will devalue your computer by running them.

Why?

Your computer will depreciate in price by using your computer components, it is the same as your car. If you your computer can run 10000 hours and you decide to use 1000hours with the erupter you wasted life of your PC.

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September 30, 2013, 05:56:26 PM
 #20

If selling block eruptors at the current price is a profitable endeavor for friedcat, imagine what his margins must have been back in March April May ?
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