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pjviitas (OP)
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December 04, 2013, 02:40:27 AM |
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Can someone give me a reason to not sell my 49 port hub?
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wmcleod
Newbie
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Activity: 56
Merit: 0
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December 04, 2013, 03:47:01 AM |
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Because you can bring it to work and leave it there if you have an office?...  |
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dentldir
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December 04, 2013, 03:53:54 AM |
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If Bitfury (or any other) chips are $5 by January, you might have something to refill that thing with before long.
Wont get the same return as a larger denser unit, but it's the only real option for smaller miners other than hosting.
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1DentLdiRMv3dpmpmqWsQev8BUaty9vN3v
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fordlincoln
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December 04, 2013, 08:42:09 AM |
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What if they invent next generation USB Miners?!
JK, I would sell - especially now while there are buyers
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derekleong75
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December 04, 2013, 09:55:28 AM |
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I would fill it up with 32GB thumb drives and configure a huge volume across all the sticks using LVM just because now... you can!  |
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Jeffrey
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December 04, 2013, 10:24:41 AM |
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You could sell it now it's worth something, or you can wait till any/all of the 2GH/s drives drop in price (redfury/bluefury/nanofury)
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cannachris
Sr. Member
Offline
Activity: 406
Merit: 250
cats love crypto | 911 truth @checktheevidence.com
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December 04, 2013, 12:07:30 PM |
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With the 2,x and 5ghash usb miners becoming more available i'm definately keeping mine  |
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tinus42
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December 04, 2013, 12:09:21 PM |
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You could sell it now it's worth something, or you can wait till any/all of the 2GH/s drives drop in price (redfury/bluefury/nanofury)
By then 2GH/s is utterly useless.  |
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pjviitas (OP)
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December 04, 2013, 03:27:59 PM |
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I would fill it up with 32GB thumb drives and configure a huge volume across all the sticks using LVM just because now... you can! LOL...I was thinking of doing just that as a little side project. |
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GaliX
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December 04, 2013, 03:28:43 PM |
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If Bitfury (or any other) chips are $5 by January, you might have something to refill that thing with before long.
Wont get the same return as a larger denser unit, but it's the only real option for smaller miners other than hosting.
lol, they will get as cheap as Block Erupters are today. |
Trade: Forex (€/$...) - Stocks(Apple, Google..) - Commodities(Gold, Oil...) and Indices(S&P 500, Dax...) All with BTCitcoin only ----- https://1broker.com ----- up to 200x Leverage & since 2012 ---
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Jeffrey
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December 04, 2013, 03:50:58 PM |
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You could sell it now it's worth something, or you can wait till any/all of the 2GH/s drives drop in price (redfury/bluefury/nanofury)
By then 2GH/s is utterly useless. 333MH/s right now is also useless 49x333MH/s is not top-notch these days but still sort of viable. 49x2GH/s by that time might also be viable. Maybe not. Maybe it will. Nobody knows. |
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tinus42
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December 05, 2013, 11:20:06 AM |
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You could sell it now it's worth something, or you can wait till any/all of the 2GH/s drives drop in price (redfury/bluefury/nanofury)
By then 2GH/s is utterly useless. 333MH/s right now is also useless 49x333MH/s is not top-notch these days but still sort of viable. 49x2GH/s by that time might also be viable. Maybe not. Maybe it will. Nobody knows. If 1x 2GH/s is not economically viable then 49x 2GH/s also isn't. Because gains may be 49 times higher, the costs are also 49 times higher. I think people with those USB mining farms are fooling themselves if they think they are going to break even. That was the case when the first USB Block Erupter was released and is the case now. It's maybe interesting as a hobby but not profitable from an economic point of view. |
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xstr8guy
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December 05, 2013, 01:59:17 PM |
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You could sell it now it's worth something, or you can wait till any/all of the 2GH/s drives drop in price (redfury/bluefury/nanofury)
By then 2GH/s is utterly useless. 333MH/s right now is also useless 49x333MH/s is not top-notch these days but still sort of viable. 49x2GH/s by that time might also be viable. Maybe not. Maybe it will. Nobody knows. If 1x 2GH/s is not economically viable then 49x 2GH/s also isn't. Because gains may be 49 times higher, the costs are also 49 times higher. I think people with those USB mining farms are fooling themselves if they think they are going to break even. That was the case when the first USB Block Erupter was released and is the case now. It's maybe interesting as a hobby but not profitable from an economic point of view. It is so very fashionable to trash talk about those adorable USB Blocker Erupters! USBs aren't worthless junk until they don't cover their electricity costs. And with BTC hovering at $1000+ range, there's a long time to go before that happens. I started with a couple of .333GH sticks then bought more and more. Now I have wacky assortment of other ASICs to go with my 70 sticks... 6 Bitfury USB sticks, 8 ASICMiner Blades, a BFL Single (2 more being delivered today), 11 Bitfury H Boards, a 3 module KNC and a 180GH BitMain AntMiner coming soon this week. Plus preorders for 2 BFL 600GH Monarchs and a KNC Neptune. With that small arsenal of equipment I'm earning about $800 a day right now. You have to start somewhere! And the cute little sticks are a great to get your feet wet. And with an aggressive reinvestment strategy, anyone can grow their share of the network hashrate. Besides, those buggers were virtually free a month ago. Now they're going for $50 on eBay. |
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ArpFlush
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December 05, 2013, 02:24:16 PM |
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With that small arsenal of equipment I'm earning about $800 a day right now.
Respect!  |
"Panic Selling is not an Investment Strategy"
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sameev29
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December 05, 2013, 02:55:15 PM |
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If you are not making even a few dollars then put it up for sell.
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philipma1957
Legendary
Offline
Activity: 4116
Merit: 7834
'The right to privacy matters'
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December 05, 2013, 03:23:42 PM |
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Can someone give me a reason to not sell my 49 port hub?
this item would be better then any usb stick made in the 49 port hub. https://bitcointalk.org/index.php?topic=339371.0I would follow this thread. see what they sell for and buy a few to run on your 49 port machine. you could then decide to sell the 49 port with a few sticks. or buy more sticks |
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Trongersoll
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December 05, 2013, 07:46:58 PM
Last edit: December 05, 2013, 08:23:29 PM by Trongersoll |
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OP Sell that thing so that someone who appreciates it can have it. I've been accumlateing Block erupters over time. I've got about 130 of those little suckers and since May this year I've mined 22 Bitcoin. at today's exchange rate, i've actually made a profit. The whole time people have been saying don't do it, you'll never break even. And I've countered with that for me it is just a hobby, because it is. showing a profit is just a fringe benefit. |
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xstr8guy
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December 05, 2013, 08:18:39 PM |
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With that small arsenal of equipment I'm earning about $800 a day right now.
Respect! What I didn't mention is that I reinvest virtually every Satoshi back into more equipment, lol. But I suppose that has to end soon. I'm running out of circuits! Lol. |
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sameev29
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December 05, 2013, 08:26:30 PM |
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Why doesnt big brands use their super computers to mine all crypto currencies instantly.
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Trongersoll
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December 05, 2013, 08:37:49 PM |
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Why doesnt big brands use their super computers to mine all crypto currencies instantly.
Because Supercomputers aren't set up to do bitcoin type processing. basically the ASIC miners we have are the supercomputers for bitcoins. Bitcoin mining in general is too risky for mainstream businesses to involve themselves in. |
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