Is it worth investing in USB Block Erupters?

[JohnnyDop3]

I'm considering building a USB mining rig, but I fear that at this point it is too late to make any profit.

If I go about buying, let's say, the Bitmain Antminer, which runs at 1.6 gHs/s, at the cost of $85, would that return my investment?
I would buy one, mine, profit, and then buy more, but I fear that with the current and coming difficulty on the network+the global hashrate, it would be a folly.

What do you guys think? I would buy one of the big ASIC miners, but yeah... Can't make bread without dough! 

Excuse this blasphemous question, but would it be a better investment to mine litecoins, from my standpoint? I have a 7870 card.

Cheers!

[cxboyminer]

Defo not 333mh one. I just bought bitmain ant miner U1, 1.6gb (but mine ave. is 2gh without over clocking). U1 can over clock to 2.2gh.

[SheepOnDrugs]

They're not profitable.

[Sp00n1980]

if you get them cheap enough, you could mine alt coins ... but other wise no 

[philipma1957]

I'm considering building a USB mining rig, but I fear that at this point it is too late to make any profit.

If I go about buying, let's say, the Bitmain Antminer, which runs at 1.6 gHs/s, at the cost of $85, would that return my investment?
I would buy one, mine, profit, and then buy more, but I fear that with the current and coming difficulty on the network+the global hashrate, it would be a folly.

What do you guys think? I would buy one of the big ASIC miners, but yeah... Can't make bread without dough! 

Excuse this blasphemous question, but would it be a better investment to mine litecoins, from my standpoint? I have a 7870 card.

Cheers!

 Well you can buy 1 antminer to get in the game.  It would lose money if the price of btc does not go close to 1.5k usd.

  If your power is under 20 cents a k-watt and you have a working pc with a hd7870 on hand your startup cost for lite coin is free.  So startup  lite coin today. It will make money. I mix mine.  I have 4 pc's 2 run lite coin alone . 2 run lite coin and  bit coin.  I turn profit.  my ltc is about 500 usd a month after power my btc is about 1000 usd a month after power.  Plus it is cold this winter so I get some free heat out of the deal.

[U1TRA_L0RD]

So, I heard you cant mine Scrypt coins with an ASIC miner, Are these ASIC, If not, Where is there a guide to mining them with scrypt? and will they mine at the advertised hash rate? Thanks!

[Sonny]

So, I heard you cant mine Scrypt coins with an ASIC miner, Are these ASIC, If not, Where is there a guide to mining them with scrypt? and will they mine at the advertised hash rate? Thanks!

The ASIC you found now are all specially designed for SHA-256 hashing.
There is also some rumors (or maybe news?) that some scrypt ASIC are being developed.

For example, this guy is selling "Scrypt ASIC / SHA-256 combo miners" here, but I am not sure if it is legit or not.
https://bitcointalk.org/index.php?topic=424987.0

[Equate]

no worth investing , as the difficulty is rising , usb erupters are the thing of past now,

[Starscream]

So, I heard you cant mine Scrypt coins with an ASIC miner, Are these ASIC, If not, Where is there a guide to mining them with scrypt? and will they mine at the advertised hash rate? Thanks!

The ASIC you found now are all specially designed for SHA-256 hashing.
There is also some rumors (or maybe news?) that some scrypt ASIC are being developed.

For example, this guy is selling "Scrypt ASIC / SHA-256 combo miners" here, but I am not sure if it is legit or not.
https://bitcointalk.org/index.php?topic=424987.0

It's legit, but it has a few issues:
1. You can't mine both Scrypt and SHA-256 at the same time with those
2. The Scrypt ASIC part is quite poor really. You get a better KH/s / $ with GPUs than with this hybrid ASIC....

[U1TRA_L0RD]

So, I heard you cant mine Scrypt coins with an ASIC miner, Are these ASIC, If not, Where is there a guide to mining them with scrypt? and will they mine at the advertised hash rate? Thanks!

The ASIC you found now are all specially designed for SHA-256 hashing.
There is also some rumors (or maybe news?) that some scrypt ASIC are being developed.

For example, this guy is selling "Scrypt ASIC / SHA-256 combo miners" here, but I am not sure if it is legit or not.
https://bitcointalk.org/index.php?topic=424987.0

It's legit, but it has a few issues:
1. You can't mine both Scrypt and SHA-256 at the same time with those
2. The Scrypt ASIC part is quite poor really. You get a better KH/s / $ with GPUs than with this hybrid ASIC....
[/quote

There are some people ordering some TH/s scrypt mining rigs. But I cant find the source anywhere.

[Starscream]

There are some people ordering some TH/s scrypt mining rigs. But I cant find the source anywhere.

Lol no they aren't.

There's no ASIC for Scrypt mining except for this hybrid.

[U1TRA_L0RD]

There are some people ordering some TH/s scrypt mining rigs. But I cant find the source anywhere.

Lol no they aren't.

There's no ASIC for Scrypt mining except for this hybrid.

LOL, YES THERE ISSSS!!!!!!!!!!

Jk, There is some companies out there that build mining rigs like, Care to do some research before saying a invalid reply? 

[Starscream]

There are some people ordering some TH/s scrypt mining rigs. But I cant find the source anywhere.

Lol no they aren't.

There's no ASIC for Scrypt mining except for this hybrid.

LOL, YES THERE ISSSS!!!!!!!!!!

Jk, There is some companies out there that build mining rigs like, Care to do some research before saying a invalid reply?  

Care to show some proof? Some images with hashrates and such? Oh, you can't? Oh, you mean Alpha-T is making? Like BFL was? Like, they are taking pre-orders?
I see.
Got'cha  

[U1TRA_L0RD]

There are some people ordering some TH/s scrypt mining rigs. But I cant find the source anywhere.

Lol no they aren't.

There's no ASIC for Scrypt mining except for this hybrid.

LOL, YES THERE ISSSS!!!!!!!!!!

Jk, There is some companies out there that build mining rigs like, Care to do some research before saying a invalid reply?  

Care to show some proof? Some images with hashrates and such? Oh, you can't? Oh, you mean Alpha-T is making? Like BFL was? Like, they are taking pre-orders?
I see.
Got'cha  

Eat this boy, Its healthy for that gap in your brain. 

https://bitcointalk.org/index.php?topic=398504.0

[Starscream]

There are some people ordering some TH/s scrypt mining rigs. But I cant find the source anywhere.

Lol no they aren't.

There's no ASIC for Scrypt mining except for this hybrid.

LOL, YES THERE ISSSS!!!!!!!!!!

Jk, There is some companies out there that build mining rigs like, Care to do some research before saying a invalid reply?  

Care to show some proof? Some images with hashrates and such? Oh, you can't? Oh, you mean Alpha-T is making? Like BFL was? Like, they are taking pre-orders?
I see.
Got'cha  

Eat this boy, Its healthy for that gap in your brain. 

https://bitcointalk.org/index.php?topic=398504.0

Eat what exactly? First, those are 5MH/s and 25MH/s, NOT TH/s.
Secondly, Alpha-T... LOL, okai. Like they ain't a scam, go pre-order and come back crying a few months from now when you realized you got scammed.
Thirdly, see secondly.

Come back when you got real proof of existing ASIC for scrypt and not some scam sites with pretty pictures.

[U1TRA_L0RD]

There are some people ordering some TH/s scrypt mining rigs. But I cant find the source anywhere.

Lol no they aren't.

There's no ASIC for Scrypt mining except for this hybrid.

LOL, YES THERE ISSSS!!!!!!!!!!

Jk, There is some companies out there that build mining rigs like, Care to do some research before saying a invalid reply?  

Care to show some proof? Some images with hashrates and such? Oh, you can't? Oh, you mean Alpha-T is making? Like BFL was? Like, they are taking pre-orders?
I see.
Got'cha  

Eat this boy, Its healthy for that gap in your brain. 

https://bitcointalk.org/index.php?topic=398504.0

Eat what exactly? First, those are 5MH/s and 25MH/s, NOT TH/s.
Secondly, Alpha-T... LOL, okai. Like they ain't a scam, go pre-order and come back crying a few months from now when you realized you got scammed.
Thirdly, see secondly.

Come back when you got real proof of existing ASIC for scrypt and not some scam sites with pretty pictures.

LOL, asshwipe, Shut the fuck up, MY MISTAKE! haha

I showed you it, Now be gone bitch! xD

[Starscream]

LOL, asshwipe, Shut the fuck up, MY MISTAKE! haha

I showed you it, Now be gone bitch! xD

You haven't shown anything.

I heard someone on this forum sells Unicron rigs, go get em while he sells em cheap.
Also, I got a bridge to sell.

[rammy2k2]

no, they are good as gadgets only, no profit involved there

[itamidensha]

I don't understand why people mess around with those things. Even if you overclock to 2.2GH/s with no issues you don't have a snowball's chance in hell of getting ROI. Maybe if the price was around $15 instead of $85...

Last week BITMAIN sold their last batch of S1s before the Chinese new year. Those went for 1.9BTC each from memory.

1.9BTC for 200GH/s (S1), or 10BTC for 200GH/s (U1)

If you want one as a collectors item go for it but it's a terrible deal as a mining investment, I can't believe they manage to sell at that price.

[freddyfarnsworth]

We went to 1 bitcoin every 90days for 80-85 GH. sometime a few weeks ago.
I still want asics, just to have something Leaned alot about bitcoin and alts using CPU GPU and asics the software also.
Politics are aplenty here, I still wonder why so many try to dash the newbies dreams, let em learn and live.

Most of us do not care about power at this point, I am sure we will, once we start suckin 2000-3000 watts 24/7.
But at my pace it will be quite awhile.

I find the USB ASICS fascinating, just as I found Bethesda's Games development held me for years,
This I am just starting on.
Give ya a hint where it will end up, I have three 10ft wide 40foot long storage bins, full of the server equiptment I built up during the 1990's 2002 era then game dev ,,, now this.

Learning the foundations on how it all works, from the chips up.
Got the network and servers and power down long time ago.
Nailed GPU issues during 5years of game dev.

This is what I am interested in now, that is all.. just this "Bitcoin" thing.
Whatcha think gonna happen I know.