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Author Topic: 2013-10-17 [VIDEO Proof] A USB Miner That ISN'T Vaporware, BTC Swag in Singapore  (Read 718 times)
David-M (OP)
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November 18, 2013, 01:54:26 AM
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James Allen of the Roast Station Project and David Moskowitz of Coin Republic site down at a Bitcoin accepting cafe in Singapore to show off the Bitfury USB miner, and some other swag acquired during the Singapore Bitcoin Conference 2013.

http://www.youtube.com/watch?v=2axU8MHcQOo

Sites in this video:
David's http://coinrepublic.com/
Jame's http://roaststation.com/
Bitfury: https://bitcointalk.org/index.php?topic=296034.0
MatrixVision: http://matrixvision.eu/
DealCoin: http://www.dealco.in/
Seedcoin: http://www.seedco.in/
Bit Card http://www.bit-card.de/

Filmed November 16, 2003 (apologies for poor audio, loud cafe)

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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TheRealSteve
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November 18, 2013, 02:18:03 AM
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Quote from: Video
"I don't think you're gonna earn too much money with it ... in general I think it's gonna earn maybe $15 a month"

And by "a month" they literally mean a month; this one.  Next month it'll be closer to $7, then $3, then $1 and pretty soon it's stuck.

Given that it sells for around $150 (there's a few cheaper out of group buys), the only reason to get this thing is if you're mining for fun, maybe want to play with the firmware some (though as largely a front-end to the static ASIC, not nearly as flexible as an admittedly much slower FPGA miner).

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November 18, 2013, 03:08:47 AM
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I've had 2 running for about 12 hours and according to the pool data earned: 0.00126189 BTC
Looks to be about $0.61 with a $489.43 btc/usd rate, that should be about $18 a month / stick (before electricity costs) at current difficulty and btc price- running 24/7.

I'll pull one out when I have a meeting to be able to show what a USB miner looks like.

David

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