Topic: [Announcement] Block Erupter USB - page 51. (Read 251998 times)

I would really like to get a hold of one of these - two questions:

Would it run on a Raspberry Pi?

What if I would only like 1-2? Am I screwed?

Thanks.

I guess I am going to lose this mind war

You do know that ROI on mining is a moving target right??  this is not some mp3player

if it was as cheap as you say right now, it would be sold out in minutes.. so what does that tell you?  Raise the price.
ASICminer is making profit for their shareholders.   I think this price is fine IF they ship small orders directly to buyers.

You can put me down for 10 in your group buy. I am also buying 300 myself for re-sale.

These are the devices that are going to keep Bitcoin decentralized. If we end up with ASICMINER doing all the hashing themselves, maybe competing with a few other massive farms, the entire P2P concept is out the window.

These allow the average user to keep mining Bitcoin with their personal computers. Selling 10,000 of these will put 3,000,000 MH/s back in the hands of the small-time miners and hobbyists, and more importantly keep them out of the hands of centralized farms and large corporations. BTC will be almost useless if all the mining becomes centralized.

People who think that an investment paying off in 10-12 months is terrible are delusional. Take your chances with BFLs $200 5 GH vapourware, see how that works out for you. You won't have it by Christmas if you order today. Meanwhile, myself and everyone I know will be plugging in these bad boys before JUNE.  

Those who were hoping to pay $50 and make a massive profit instantly... I don't feel sorry for you. That's not how business works. ASICMINER doesn't need to sell these for what they earn in two months because they aren't trying to get pre-orders to fund their project... they have already done that and are ready to ship. There is no risk for the end customer, they will get their 300 MH/s right away.

If you wanted to make 10x returns on your BTC, you should have taken the risk and invested in ASICMINER's IPO. You can't expect a successful company to give away products for far less than what people are willing to pay for them.

I don't see this making sense for consumers, only ASICMiner
....
Total realistic ROI of 140% after 2 years.

Poetry:

Stupid Name
Stupid Price
A Gee Whiz Device

A Fool sees it
Says, "I gotta have it.."
He would do better giving the BTC to Pirate.*

*Pirateat40

This seems about right for retail cost, it seems a bit expensive at wholesale. Ideally, I'd like to see about a 1.5 btc wholesale cost.

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. We will fix this in the first mass production batch (Sapphire). It also exceeds a bit of the USB spec of max current (560mA vs <500mA), but in our experiment most devices (PC, laptop) could power it up.

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. We will fix this in the first mass production batch (Sapphire). It also exceeds a bit of the USB spec of max current (560mA vs <500mA), but in our experiment most devices (PC, laptop) could power it up.

I don't see this making sense for consumers, only ASICMiner. I bought my 10-12GH [call it 10] blades at 50.5 [call it 50], and they consume 70-85W [call it 100]. Assume lock in btc @ $100. Great density, low additional costs and IMMEDIATE global shipping.
So my blades were 2MH/$
And were 100MH/W

These USB miners are ~3W, 300MH, 2btc, low density.
1.5MH/$
And 100MH/W

So these USB miners aren't far off the blades in value, however their density isn't great. The shipping time will really effect the profitability, and I'm only expecting these blades to hit ROI after ~250 days. Total realistic ROI of 140% after 2 years.

2BTC for 300MH is still too much, even for the average geek who are not expected to be too deep into mining... 2BTC is 200 bucks for a tiny 300mh unit.

If it was 30 or 40 bucks for 300MH, then that would make more sense, for the casual user and those who want to really get into mining. I don't expect some random kid with a macbookpro to drop 200-300bucks for something like this.

Its great but at 2 btc each its well overpriced. I would  get 10-20 at 1btc or maybe a bit more but at the current price it  feels like not a good deal. I get all the arguments about it being portable, nice looking and drawing less power, but that doesn't  justify the 2btc price in my opinion. I don't think that all the components and that tiny pcb cost more than $30-$40 to put together, its very likely its way below that so again I cant justify 2btc price tag. It would be nice if AM could rethink their pricing. That is just my opinion.

I think this will do well with the well heeled old coin crowd who likes the idea of novelty items.  Call me skeptical but I think that is a small market.

Good luck to AsicMiner though... they have been on a roll lately

Why is that?