Why USB miners?

[precrime3]

100 gh/s for $75.... If you actually ship and are legit, better stock up on the supply, because you will get sold out! Will look forward to announcement, but won't be a first buyer. Probably not a second or third buyer. Will wait for community feedback before I make my decision. I looked up your company, couldn't find anything, do you guys not have a website?

[TheRealSteve]

3) And start a new thread - no point in hijacking this one any further

[sgk]

It's called Novello Technologies Limited, we're based in the UK and we hope to make an announcement in the next two weeks. The USB miner isn't the only product, but it will probably be the one that gets most interest.

Any chance of a pre-order? Please STFU and take my money
Or there's going to be an announcement shortly?

[novello]

3) And start a new thread - no point in hijacking this one any further

Apologies for that, wasn't intended. It was meant to be a genuine answer to the original question.

[Zelek Uther]

[ StickMiners - Where FUN > ROI ] 

Yep. I got my start in mining with the first USB stick miner: an ASICMINER Block Erupter.

I started with just one, and learnt how to mine with it. Then I built up to 3 to crack the 1 GH/s barrier for the first time. Ended up with 9 of them, pulling 3 GH/s.

They were a relatively low cost entry into Bitcoin mining, plus had the advantage of wife-compatibility: no heat*, no noise.

Funny thing, I still have those original 9 BEs hashing. The hash rate is irrelevant, but so is the power draw, so I haven't bothered to switch them off yet.

* 9 BEs have no noticeable affect on room temperature.

[lowbander80]

Same for me I have them  at my computer at work 24/7      2 U1 and 1 U2 antminers most probably when my antminers S1 at home will switch off due to electricity cost my USB miners will hash!!!!!
anyway its more like a game and less like a profit...
 

[slashka]

...plus had the advantage of wife-compatibility: no heat*, no noise.

That's it! This is another one major feature I have a gridseed (which is 300k\8g) and on night time I always moving it with RPi to the kitchen It's damn noisy

[shufe]

I think them just for fun

We can not get back the cost from USB miner

[xingqiaoyin]

Yes you can .
If you hold bitcoin for long.

[TheRealSteve]

Yes you can .
If you hold bitcoin for long.

That's assuming the exchange rate goes up at some point - though you would still have been better off just buying bitcoin and holding that (instead of slowly accumulating).

Alternatively, it's assuming that a new USB miner/StickMiner is introduced at a time and price point where it stands a very good chance of financial ROI.

[xingqiaoyin]

Yes you can .
If you hold bitcoin for long.

That's assuming the exchange rate goes up at some point - though you would still have been better off just buying bitcoin and holding that (instead of slowly accumulating).

Where's the fun in that ?

[Flashman]

You never know if something might come along that could make the little bastards profitable.

Like zombie hordes... when you've only got a slingshot... and they're the only available ammunition.


But a long time ago, in a galaxy far far away...

There was a small window of opportunity where if you had bought the AM sticks in July-ish, if you mined on them until October-ish, hodling the coins, then sold the miners, then waited until December and sold the coins. they would have actually paid off.... but if you had kept running them they'd have sucked it back in electricity or depreciation of the hardware.

[TheRealSteve]

That's assuming the exchange rate goes up at some point - though you would still have been better off just buying bitcoin and holding that (instead of slowly accumulating).

Where's the fun in that ?

Touché

[xingqiaoyin]

That's assuming the exchange rate goes up at some point - though you would still have been better off just buying bitcoin and holding that (instead of slowly accumulating).

Where's the fun in that ?

Touché

USB miners are simply beautiful.
I dont know why but there's something captivating when they're in action.
At least if btc ever tanks to 0, i got something physical to hold on to, not just a balance to look at in the computer.

[Flashman]

At least if btc ever tanks to 0, i got something physical to hold on to, not just a balance to look at in the computer.

I must admit, they are more appealing for keyrings than say a big black lump like a BFL single.... unless of course it's a for a public washroom key or something.

[xingqiaoyin]

At least if btc ever tanks to 0, i got something physical to hold on to, not just a balance to look at in the computer.

I must admit, they are more appealing for keyrings than say a big black lump like a BFL single.... unless of course it's a for a public washroom key or something.

Or you could use BFL single as a hydraulic jack...
You need two of them to lift the wheelbase.