[Announcement] Block Erupter USB - page 49.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: BlackLilac Grant on May 04, 2013, 08:49:32 PM

Quote from: ATC on May 04, 2013, 08:45:19 PM

BTW, I will buy 10 if it prices at 1 Bitcoin.
As 2 Bitcoin, at most I can afford 1 USB.

Quoted for those who think ASICMINER is charging too much. Grin

Of course everyone wants them cheap, but these are the only ASIC devices available right now, and there is a limited number that can be produced. They are going to sell out @ BTC2 as fast as they can ship them. Nothing is free, this isn't a get rich quick scheme for customers.

It isnt for customers, it is for the manufacturer...

I'd prefer to see these mass produced and mass distributed worldwide for $40ish, but I guess that money talks.

turtle83

sr. member

Activity: 322

Merit: 250

Supersonic

Quote from: wrenchmonkey on May 04, 2013, 11:33:29 PM

Quote from: BlackLilac Grant on May 04, 2013, 08:49:32 PM

Quote from: ATC on May 04, 2013, 08:45:19 PM

BTW, I will buy 10 if it prices at 1 Bitcoin.
As 2 Bitcoin, at most I can afford 1 USB.

Quoted for those who think ASICMINER is charging too much. Grin

Of course everyone wants them cheap, but these are the only ASIC devices available right now, and there is a limited number that can be produced. They are going to sell out @ BTC2 as fast as they can ship them. Nothing is free, this isn't a get rich quick scheme for customers.

I guess I shouldn't be surprised if they actually sell these out. The world is FULL of idiots... Oh well. Your money...

Reality check: There are people in this world who have real jobs and are not mining to feed their families. They just want to be part of something awesome like bitcoins.

2weiX

legendary

Activity: 2072

Merit: 1006

this space intentionally left blank

GROUP BUY: https://bitcointalk.org/index.php?topic=195037.0;all

szym00

member

Activity: 74

Merit: 10

I am waiting for it!

When will it be available in the "Group Buy"?

Noitev

hero member

Activity: 812

Merit: 505

The Last NXT Founder

Quote from: chaxattack on May 05, 2013, 01:53:10 AM

Anyone know where I could find a cheap usb hub that will handle the increased (above spec.) power needs?

I seriously hope you aren't buying a ton of these with profit in mind...

chaxattack

newbie

Activity: 48

Merit: 0

Anyone know where I could find a cheap usb hub that will handle the increased (above spec.) power needs?

Newar

legendary

Activity: 1358

Merit: 1001

https://gliph.me/hUF

Quote from: lophie on May 05, 2013, 12:56:54 AM

Where is appropriate to open a group buy thread? Tongue

Probably Custom Hardware? https://bitcointalk.org/index.php?board=76.0

fpgaminer

hero member

Activity: 560

Merit: 517

By the way, for the great wealth of masses getting heartburn over the current cost:

Quote

Lowering your price is always easier than raising your price.

lophie

hero member

Activity: 924

Merit: 1001

Unlimited Free Crypto

Where is appropriate to open a group buy thread? Tongue

Phil21

full member

Activity: 155

Merit: 100

these are not made for mining farms

I agree the wholesale cost is way too high, but I'm sure the initial batch will have no problems selling out. I'm more interested to see what happens with follow-on sales.

CanaryInTheMine

donator

Activity: 2352

Merit: 1060

between a rock and a block!

Quote from: friedcat on May 04, 2013, 08:40:23 AM

Reserved for extension of contents.

The USB stick miner is going to bring BitCoin to the masses, beyond the geeks and hardcore or occasional miners. This will make it mainstream.

Make this THE toy to buy for Christmas!!!

Congrats on making history!

fpgaminer

hero member

Activity: 560

Merit: 517

Congratulations on your progress thus far, ASICMINER team!

Quote

This batch will be given away to miners, fans and hardware/software developers made the assignments to us long before. It has some issues working with cgminer, but the modular python miner works fine.

Speaking of which, did you donate one to TheSeven, author of MPBM?

wrenchmonkey

full member

Activity: 224

Merit: 100

Quote from: BlackLilac Grant on May 04, 2013, 08:49:32 PM

Quote from: ATC on May 04, 2013, 08:45:19 PM

BTW, I will buy 10 if it prices at 1 Bitcoin.
As 2 Bitcoin, at most I can afford 1 USB.

Quoted for those who think ASICMINER is charging too much. Grin

Of course everyone wants them cheap, but these are the only ASIC devices available right now, and there is a limited number that can be produced. They are going to sell out @ BTC2 as fast as they can ship them. Nothing is free, this isn't a get rich quick scheme for customers.

I guess I shouldn't be surprised if they actually sell these out. The world is FULL of idiots... Oh well. Your money...

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: ffernandex on May 04, 2013, 11:14:19 PM

Can these be used for scrypt --litecoins, feathercoins?

How many can I hook up to one motherboard using hubs? can I fit 20?

Thanks!

no. they cannot mine scrypt based coins.

gotta be powered hubs, obviously, but i don't see why 20 would be an issue. ...i think. i'm not a USB expert.

VJain

sr. member

Activity: 305

Merit: 250

Quote from: ffernandex on May 04, 2013, 11:14:19 PM

Can these be used for scrypt --litecoins, feathercoins?

How many can I hook up to one motherboard using hubs? can I fit 20?

Thanks!

They can NOT be used for scrypt.

ffernandex

full member

Activity: 143

Merit: 100

Can these be used for scrypt --litecoins, feathercoins?

How many can I hook up to one motherboard using hubs? can I fit 20?

Thanks!

wrenchmonkey

full member

Activity: 224

Merit: 100

Quote from: DPoS on May 04, 2013, 02:12:44 PM

This isn't about high ROI guys.. that is a moving target anyway.

ROI seekers can build their own from ASIC chips. R&D and production still cost you know!!

Since I am running a ModMiner I would love to add these to my old p4 rig with it.

I'd buy 4 right now ~ can you ship? Grin

It's not about "High ROI" It's about ANY ROI. PERIOD, or it's not worth buying. This thing will never break even at 2BTC.

I get that R&D costs something. The chip cost is about $11 (retail) meaning their cost is probably $5-$7, but we'll use retail costs. Consider another $15 for the board and components, and assembly. At .5 BTC, that leave them another $24/unit to cover their R&D/profit.

Now, I'm feeling pretty confident in saying that they'll sell at least 30* as many units at a more reasonable price point. If they're making 3000% the sales, at .142% of the profit margin, they'll make 428% more profit in the long run.

Not to mention that this price will remain more sustainable for a longer period of time, because the ROI will still be closer to break-even.

They're shooting themselves in the foot, trying to get rich quick. They'll sell a few of these for WAAAY too much money, on the short term. And then they won't sell any in the longer term. And eventually these chips become about as worthless as a 16MB USB flash drive...

Bogart

legendary

Activity: 966

Merit: 1000

Quote from: Herbalconfusion on May 04, 2013, 09:17:03 PM

Are these capable of mining other sha256 coins?

Quote from: friedcat on May 04, 2013, 08:39:52 AM

Specification
Mining Protocol: Icarus

It appears to me that they would be capable of such a thing.

Herbalconfusion

member

Activity: 89

Merit: 10

Are these capable of mining other sha256 coins?

PeZ

sr. member

Activity: 297

Merit: 250

What's the historical failure rate of this company? If you get a DOA or early failure, it'll be tough to get support as they only deal with groups of 10 failures.

Topic: [Announcement] Block Erupter USB - page 49. (Read 251998 times)