Is it profitable buying and selling USB miners?

[enhu]

I am actually willing to pay for usb asic miner when i heard its available in our country and when i check it its $27. but after reading few replies to the question whether it can profitably mine. I didn't buy it.

[KimNam]

USB miners era was gone for year, if you can but right now, you won't make ROI
and then maybe you can use it for keychain in your bag
buy ASIC instead usb miners

[fractal02]

If you can find some s*ckers ready to buy...  (and BTC world is full of it    )

[InwardContour]

The only way to find out is to do a test. buy 20 of them and see how they sell..

What you might be better off doing is buying the miners in bulk lots of 10+ and reselling them individually for a small profit. This should save shipping costs and people are usually willing to buy more for an individual miner.

Yup, this is what I intend to do. Just buy a whole bunch of them for cheap and resell them individually. Saves on fees and shipping costs as well. Because people who are selling them in lots of 10+ tend to want to get rid of them as quickly as possible so they sell them for cheap (per unit). And people who want to just experiment with one or two don't want to buy 10+ so there is an opportunity to profit.

2. For those BE, the electricity cost will be larger than the bitcoin you can mine with them.

Really? But these are ASIC chips inside these miners. And a USB slot uses very little power. If true, then I didn't know the situation was this bad.

Power on these are very little but you will have to have powered hubs.  If you search there is a great thread on how many can go on certain models.

But i would really look into fee's.  I think by the time you add up shipping, ebay, paypal.  Profit will be very very small if any.

The USB miners are not very efficient in terms of Ghs/watt. The newer, higher hashpowered machines have much better efficiency.

[marcoslopez]

dont think so.

[Salmon1989]

2. For those BE, the electricity cost will be larger than the bitcoin you can mine with them.

Really? But these are ASIC chips inside these miners. And a USB slot uses very little power. If true, then I didn't know the situation was this bad.

Power on these are very little but you will have to have powered hubs.  If you search there is a great thread on how many can go on certain models.

But i would really look into fee's.  I think by the time you add up shipping, ebay, paypal.  Profit will be very very small if any.

The USB miners are not very efficient in terms of Ghs/watt. The newer, higher hashpowered machines have much better efficiency.

Pretty much so.
It is true that the USB miners draw little power, but the hashrate is just too low compared with the difficulty.

[notlist3d]

2. For those BE, the electricity cost will be larger than the bitcoin you can mine with them.

Really? But these are ASIC chips inside these miners. And a USB slot uses very little power. If true, then I didn't know the situation was this bad.

Power on these are very little but you will have to have powered hubs.  If you search there is a great thread on how many can go on certain models.

But i would really look into fee's.  I think by the time you add up shipping, ebay, paypal.  Profit will be very very small if any.

The USB miners are not very efficient in terms of Ghs/watt. The newer, higher hashpowered machines have much better efficiency.

Pretty much so.
It is true that the USB miners draw little power, but the hashrate is just too low compared with the difficulty.

If you read up I was suggesting not to do this adventure of buying and selling because of fees.

I was just warning if hes going to be thinking hes mining when waiting to sell hes going to need powered hubs if doing  "quantity" .  Again  though I don't suggest this business plan

[Salmon1989]

If you read up I was suggesting not to do this adventure of buying and selling because of fees.

I was just warning if hes going to be thinking hes mining when waiting to sell hes going to need powered hubs if doing  "quantity" .  Again  though I don't suggest this business plan

Yup, I got your point, and I agree with you (and the others) that OP's plan is not going to work. 

2. For those BE, the electricity cost will be larger than the bitcoin you can mine with them.

Really? But these are ASIC chips inside these miners. And a USB slot uses very little power. If true, then I didn't know the situation was this bad.

At current difficulty, 330 MH/s would bring you less than 1000 satoshi a day, and the number will keep going down as difficulty increases.