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Author Topic: Thinking about buying a USB Miner, Help?  (Read 1386 times)
BitcoinStriker (OP)
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November 22, 2013, 12:24:02 AM
 #21

Bump :3

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forzendiablo
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November 22, 2013, 12:36:24 AM
 #22

go for used usb asics as they work good and will eb cheaper. also cheak ebay esp other coutnries than just .com and co.uk ie here is cheap: http://www.ebay.pl/itm/111221625264?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

yolo
PenAndPaper
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November 22, 2013, 01:40:21 AM
 #23

I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
Fingerz91
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November 22, 2013, 02:04:30 AM
 #24

I wasn't planning on getting into mining. I started with one Erupter, then ordered 5 more. Currently, they're mining in a D-Link hub attached to my OS X laptop. I don't think you'll realistically turn a profit. I bought bitcoin on Coinbase when it was $200, and sold three today at $750 a piece. If you're looking to profit, buy a coin with fiat. As bitcoin becomes more "mainstreamed" it'll level out. It's a currency, not a stock or other investment.
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November 22, 2013, 02:47:41 AM
 #25

Ok guys, choose the crypto is the easy part, but i need some help.

I really want to buy a USB Miner, but for me is just go to ebay, purchase one, stick it in the Desktop USB Drive and start mining.


But i think it is not this way, so i ask you guys for help please, i will even pay a bounty [dont be greedy  Angry] if you really help me !  Wink

Just do what some of the posters above recommended.  Google the mining calculators, they will give you a very good start.  I'm also a newbie, you must account for the bump ups in difficulty.  As it is right now, the ROI (return on investment) will be a long time.

If you just gotta have one of the USB ones, buy it, but don't expect to make money with it.   Wink
BitcoinStriker (OP)
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November 22, 2013, 09:54:49 AM
 #26

I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
What do you mean?

Hello.
Is it me you are looking for?
MRKLYE
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November 22, 2013, 10:00:52 AM
 #27

I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
What do you mean?

SHA256 is the algo bitcoin and a few altcoins use.. its what the ASIC calculates essentially. I have a USB Block erupter if you are interested in buying a miner


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PenAndPaper
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November 22, 2013, 10:04:06 AM
 #28

I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
What do you mean?

I mean that you can't mine Litecoins for example, with those usb because they use a different hashing algorithm (scypt)
Gator-hex
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November 22, 2013, 12:00:54 PM
 #29

You need something like this to mine Bitcoins 40Gh/s for $622/€461...

http://technobit.eu/index.php?id_product=52&controller=product&id_lang=1

It will mine about 1BTC per month currently meaning it should pay for itself within about a month then the rest is profit.

It uses about 50w of electricity so should stay above the cost of energy for quite some time.

olberg
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November 22, 2013, 03:38:42 PM
 #30

go for used usb asics as they work good and will eb cheaper. also cheak ebay esp other coutnries than just .com and co.uk ie here is cheap: http://www.ebay.pl/itm/111221625264?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

Even if this costs only 9.70 USD and uses only 2.5W power it's still not profitable. You can calculate this here: http://bitcoinwisdom.com/bitcoin/calculator
BitcoinStriker (OP)
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November 22, 2013, 08:35:54 PM
 #31

I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
What do you mean?

SHA256 is the algo bitcoin and a few altcoins use.. its what the ASIC calculates essentially. I have a USB Block erupter if you are interested in buying a miner


How much?

and guys, what coins can i mine with USB Miner?

Hello.
Is it me you are looking for?
PenAndPaper
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November 23, 2013, 04:04:19 AM
 #32

and guys, what coins can i mine with USB Miner?

PPC and TRC comes to my mind for example. Just google sha 256 alt coins.
BitcoinStriker (OP)
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November 23, 2013, 12:47:58 PM
 #33

You guys have any used cheap USB Miner?

Hello.
Is it me you are looking for?
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