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Author Topic: How much would one Bitcoin Block Erupter ( 336 MHS ) Earn per day?  (Read 2844 times)
DevilHachi
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March 18, 2015, 02:58:28 PM
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I found this one on eBay and though of buying it?
I saw a video of someone using it ( a year ago ) and making 1.4 dollars a day with only a single one?? <--- is that still possible?

How much would you earn per day from it now?

" don't talk about the electricity cost in here only what it would make?  "
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OnkelPaul
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March 18, 2015, 03:09:54 PM
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Look for "bitcoin mining calculator", there are quite a number of them. Enter the data for this miner and weep.
If
- you pay less than 0.50 US$ for it
- your electricity is free
- and the difficulty does not increase much,
you'll earn a few cents after one year...

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March 18, 2015, 03:11:58 PM
 #3

Are you serious? https://www.youtube.com/watch?v=FOHS7ZJagrg <--- look at that?? // oh it was 2013 :S

Still it gotta make more?
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March 18, 2015, 03:18:26 PM
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Look for "bitcoin mining calculator", there are quite a number of them. Enter the data for this miner and weep.
If
- you pay less than 0.50 US$ for it
- your electricity is free
- and the difficulty does not increase much,
you'll earn a few cents after one year...

Onkel Paul

if so then what miner would you recommend for like 50 usd 2015?
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March 18, 2015, 03:51:43 PM
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I can't recommend any, as I don't have enough experience. Maybe others will be able to give advice.
However, you should always be aware that even professional miners operate close to the equilibrium. That is, even with their presumably cheap electricity and miners that were cheaply bought in bulk, it's hard to make a positive ROI. Home miners most likely are unable to recover their investment.
If you absolutely want to mine, you can do it, but expect a net loss. If you're just looking for an efficient way of turning fiat money into bitcoins, buying them is the preferred method.

Onkel Paul

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March 18, 2015, 04:04:48 PM
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Thank's for your answers, i'll still try to find someone " who's more ( Experienced ) with mining to post here. "
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March 18, 2015, 04:09:37 PM
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Look for "bitcoin mining calculator", there are quite a number of them. Enter the data for this miner and weep.
If
- you pay less than 0.50 US$ for it
- your electricity is free
- and the difficulty does not increase much,
you'll earn a few cents after one year...

Onkel Paul

if so then what miner would you recommend for like 50 usd 2015?

Probably a used piece of gear. An S1 might be bought for $50, or I expect an Rbox (the original 32 GH version). You could also consider several other "stick miners" which are much faster and more recent than the 333MHz Block Erupter. Examples would be the Antminer U1 or U2. I expect that all the "stick miners" won't actually produce more than they consume in terms of electricity, and initial cost. They will all fit your $50 budget for a hobby or tinkering. Nobody gets rich mining Bitcoins unless they are willing to invest (i.e. risk) big money.
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March 18, 2015, 04:38:48 PM
 #8

I miss these.  I had 60 running at one point in my life.

At this point they are good for learning mining, but are considered a novelty.  They are so low power sadly you will not make your money back.
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March 18, 2015, 05:03:10 PM
 #9

Unfortunately $50 you sink into any Bitcoin miner: Antminer S1, Rock miner, Dragon, etc...will just be sunk costs.  You will probably never recoup that $50 investment unless somehow you hide the electrical bill from your Mom, Pop, or Landlord for a year then shut it off.

But if you're in it just to hobby mine and learn about Bitcoin mining, maybe earn a few satoshis, be my guest!

http://www.amazon.com/gp/offer-listing/B00HL4MEG6/ref=sr_1_1_olp?ie=UTF8&qid=1426697844&sr=8-1&keywords=antminer+s1&condition=used


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cryptopaddles
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March 18, 2015, 05:07:19 PM
 #10

I found this one on eBay and though of buying it?
I saw a video of someone using it ( a year ago ) and making 1.4 dollars a day with only a single one?? <--- is that still possible?

How much would you earn per day from it now?

" don't talk about the electricity cost in here only what it would make?  "
at the current difficulty you can expect to make about 0.00000353/satoshis/day or 0.00002472/satoshis/week which is just over 0.03 usd per month. So in answer to your op question the answer is a definite NO!
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March 18, 2015, 05:42:11 PM
 #11

I found this one on eBay and though of buying it?
I saw a video of someone using it ( a year ago ) and making 1.4 dollars a day with only a single one?? <--- is that still possible?

How much would you earn per day from it now?

" don't talk about the electricity cost in here only what it would make?  "

once again a usb stick is around 2gh  some are 4gh  they make close to nothing.   but they cost almost  0 in power.  here is a set of sticks running
They make very little money I run the 10gh  on a balanced some goes to ck's solo pool some goes to mmpool.org

If you ran this it should lose money unless the power is free.




I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 21, 2015, 02:30:18 PM
 #12

not much, we are approaching the phase were you need terabyte already

take a look at the calculator https://alloscomp.com/bitcoin/calculator

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bill gator
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March 24, 2015, 05:40:53 AM
 #13

I hope you are doing this for hobby, because you can earn almost nothing with miners you have.

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March 24, 2015, 06:11:53 AM
 #14

I hope you are doing this for hobby, because you can earn almost nothing with miners you have.

I think he found this out already he mentioned a article about it making a hour a day a year ago.   But today's it's just not enough to do much more then learning to mine.
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