Block Erupter USB suddenly more expensive?

[dan244]

Talking about the USB miners, blades are good stuff...  I own several of them.  If you got them at 180 it was a great price.

[ranger719]

where is the link to this $14 one, I would like to have a look.
Sounds way too cheap to be true

I was $14 on a amazon.com page

I bought 4 just then

But right now it's $54

It's the listing that's made by Jone's Gear.

Looks like it's time to sell my asic miners on Ebay. Fair enough; I doubt there is anyone here stupid enough to pay $40 bucks for one with bitcoin ($44-10% Ebay premium.) That would be .05btc; they are not going to mine that amount period.

Ah well. If anyone wants one for .05btc, drop me a line.

C

I'll take multiple for 0.02 as long as they're working!

I smell a deal forming here. .035btc each, I have two..... Hell, I'll even put them in an envelope with a postage stamp :-)

C

how about.....

0.0226953269?

[tondaS]

Nice way for newbs to start testing the waters and see how it works... but doesn't make sense to buy in bulk, better options out there.

It is not worth, even one Block Erupter USB. I would preffer mine with GPU if you need some fun. No need to waste money...

[lightfoot]

how about.....

0.0226953269?

I'm sorry, was that line noise? :-)

Technically you're ripping yourself off with that offer. According to Genesis block it will mine at most .01xxx bitcoin, so .02 is the most.

However I did just take a look; I got it for $25 back when the difficulty was at 67m, it probably mined .14 bitcoin, with a max profit of $119. So 119-25=94 or so each, almost $200 profit.

So.................. Even though at the time it was the stupidest idea on the face of the earth to buy it, turns out it was a reasonable deal. Oh well, so maybe it *is* worth .035btc now, would you like to pay by bitcoin? :-)

C

[toobigtofail]

A few weeks ago, I bought a couple of 333MH/s asics for $25 and a blue fury for $150.  Theyre way more expensive now.  I doubt ill break even on them, but I enjoy them and it helped me get a few BTC in my wallet which I can roll into more hardware buys.  I just view the negative return as a transaction fee from going from $ to BTC..

[odolvlobo]

However I did just take a look; I got it for $25 back when the difficulty was at 67m, it probably mined .14 bitcoin, with a max profit of $119. So 119-25=94 or so each, almost $200 profit.
So.................. Even though at the time it was the stupidest idea on the face of the earth to buy it, turns out it was a reasonable deal.

Not so fast. You paid about 0.25 BTC for the erupter. Subtract the 0.14 BTC it mined, and you so far have lost only 0.11 BTC ($90).

[forzendiablo]

I hahve 6ghs speed with y erupters and i will just sell them later when [IF] i get better machine.

[wearepoor]

However I did just take a look; I got it for $25 back when the difficulty was at 67m, it probably mined .14 bitcoin, with a max profit of $119. So 119-25=94 or so each, almost $200 profit.
So.................. Even though at the time it was the stupidest idea on the face of the earth to buy it, turns out it was a reasonable deal.

Not so fast. You paid about 0.25 BTC for the erupter. Subtract the 0.14 BTC it mined, and you so far have lost only 0.11 BTC ($90).

If he bought the erupter for $25, he is in profit indeed, but he missed even bigger profit if he just bought BTC instead.

[lightfoot]

Not so fast. You paid about 0.25 BTC for the erupter. Subtract the 0.14 BTC it mined, and you so far have lost only 0.11 BTC ($90).

If he bought the erupter for $25, he is in profit indeed, but he missed even bigger profit if he just bought BTC instead.

That thinking is in error for a coupled system like bitcoin.

Do you understand why?

Answer: They're coupled: If everyone was buying bitcoin in Jan/Feb/Sept then prices would have screamed up just as they did in the last week. Difficulty would not have gone up, so mining would be far more profitable. That is because bitcoin price and difficulty are linked, you can't change one without the other.

So *never* feel bad about the choices you made or did not make in the past. It all brought you to here. I paid in money, I earned bitcoin which is suddenly worth "money", and the lack of new miners is keeping me in the "money". All linked together.

C

[miner2002]

I don't think they are worth it anymore personally.

[Itun]

They are worthless now unless you get them for free or something.

It's just too hard to mine anything now.

[ficilan]

i have also seen couple of them on ebay for 10usd each selling in bulks of 5..was not more than 2 weeks ago..but haven't bought though:/

[Itun]

i have also seen couple of them on ebay for 10usd each selling in bulks of 5..was not more than 2 weeks ago..but haven't bought though:/

Yeah I saw that, too.

With the current price on btc, you'd have gotten your money back within a month if you bought each for $5.

[kingscrown]

BTC up so erupters are up!

[Tommygun]

Every miner is UP! Just look at blades at amazon. I bought them for under $200 few weeks ago. Now - $500 ? That is just insane!!!!! You can get them cheaper at asic labs, maybe even buy KNC miner..

[trevorh]

Every miner is UP! Just look at blades at amazon. I bought them for under $200 few weeks ago. Now - $500 ? That is just insane!!!!! You can get them cheaper at asic labs, maybe even buy KNC miner..

But can you get them the same week you order them? That's the trick... 

[lightfoot]

Ok, stupidest auction ever:

http://www.ebay.com/itm/Butterfly-Labs-BFL-Jalapeno-Bitcoin-Miner-ASIC-Works-In-Kansas-City-/301027169857

Summary: Jalapeno for $640.

A jalapeno that BFL probably threw in the garbage. With a NO WARRANTY STAMPED ON THE TOP.

People are so far beyond crazy they have entered stupid-town.

[kingscrown]

http://www.ebay.pl/itm/111255545752?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649 u can get one for 10$ now.

[Flashman]

They were selling on amazon for $14 a week or two ago

Now they're $54?

Can anyone explain this?

Thanks

[pontiacg5]

They were selling on amazon for $14 a week or two ago

Now they're $54?

Can anyone explain this?

Thanks

Picture

Sorry buddy, you are the Noob.

The market sets the cost of this stuff, then noobs run with it and make it unprofitable. If bitcoin goes to $10,000 tomorrow or the next month what do you think a USB block eruptor would cost?

The run from $200 to $1200 sent BE from $15 to $50. Difficulty increasing while price fell since then has made them decrease in value.