As a small time miner, these are perfect!
Today I have 3 GPU's making a lot of noise, selling them off and buy a couple of these babies is something I would definitely do!
I can't buy 300 though, but 3-5 would work.
Topic: [Announcement] Block Erupter USB - page 52. (Read 251937 times)
Is this price definitive or can we have a Dutch auction? : 
well, i THINK friedcat and co haven't seen the majority of this thread yet, given it's like 3:30 am in shenzen. so, what their response is will, i think, be very telling.
DUCH AUCTION FTW
I like it.. I'll buy 4 no problem.
People forget that the 10Gh boards sold on auctions of 75btc and then ~50btc
so these fall into the middle price of that
Everyone is in envy of the 1st batch Avalon ROI like that is some benchmark for everything else.. that was a first mover price with lots of risk that they avoided
Then you have the people that gave BFL money last June.. so what was their ROI? 11 months of nothing added to whenever they get their miner going.
My little ModMiner might take 6-8 months to get the 8btc I spent on it but that is still quicker than those bets.
so stop with these fictional high ROI's that have no real comparison
People forget that the 10Gh boards sold on auctions of 75btc and then ~50btc
so these fall into the middle price of that
Everyone is in envy of the 1st batch Avalon ROI like that is some benchmark for everything else.. that was a first mover price with lots of risk that they avoided
Then you have the people that gave BFL money last June.. so what was their ROI? 11 months of nothing added to whenever they get their miner going.
My little ModMiner might take 6-8 months to get the 8btc I spent on it but that is still quicker than those bets.
so stop with these fictional high ROI's that have no real comparison
They are awesome, I really want one.
Awesome product.
Unfortunately, your price point is, to be blunt, retarded.
Unfortunately, your price point is, to be blunt, retarded.
What a convincing argument you've made, thanks for your wonderful contribution to this thread
he is right..stop trolling and tell us, why you think that it is good pricing/selling model (300pcs/order) - for end-user device.
Sorry for the late reply... admittedly, I haven't been following the hardware scene for a while, but it seems to me these compete pretty well with GPUs. They're a little more expensive than a GPU that will do 300 MH, but because they draw much less power, you'll be able to run them for much longer than a gpu without worrying about electricity costs (assuming these are pretty reliable)
As for the 300 min order count, I assume that's just so ASICminer can continue focusing on developing chips rather than selling and marketing them. Shouldn't be too hard to get one of these with a group buy- what's the issue?
Is this price definitive or can we have a Dutch auction? :
well, i THINK friedcat and co haven't seen the majority of this thread yet, given it's like 3:30 am in shenzen. so, what their response is will, i think, be very telling.
Hmmm interesting! Definitely will keep tabs on this
Is this price definitive or can we have a Dutch auction? :
It's also possible that all this added mining difficulty contributes to the price of BTC/USD going up.
How many times must this be addressed? Network security aside, price drives difficulty; NOT the other way round. The cost theory of value is false.
This looks awesome, can't wait to get my hands on it! 2BTC might be a bit of a high price, what with the recent shipping of BFL... At a lower price I would be more inclined to actually give these to friends, get them to start mining.
I don't have enough USB ports to power 300 of these at once.
heheheh... that'd be one heck of a set up.
Except that this seems to be more geared toward n00bs and casual miners. [...]
friedcat says it should be a replacement for GPU hobbyists. Did somebody do the actual math for that? Hash for hash, electricity cost included?He also mentions this to be a gift to spread the word about BTC. My guess is, this is where the old-timers with mined BTC come in the equation.
I don't have enough USB ports to power 300 of these at once.
These will take 4 months to achieve ROI at current difficulty. I'm all for distributing the network, and this is the future, but any thinking investor is better off just buying BTC right now.
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?
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?
It's also possible that all this added mining difficulty contributes to the price of BTC/USD going up. This would make mining bitcoins specifically more valuable than altcoins, and hashpower more valuable.
Just adding another angle for y'all to chew on...
Here's another: 1.99 is not that expensive if you had mined them. Depending on your rig etc. that's what? A couple of days of electricity?Just adding another angle for y'all to chew on...
Except that this seems to be more geared toward n00bs and casual miners. Meaning 2 BTC is a stupid price. Realistically, it should be 25%-50% of that cost to make it worth the cost.
at .5BTC, I'd buy several. At 2btc I'll buy zero...
at .5 btc i'd buy two now, and use the profits from them (and my other mining) to buy more later, then use the combined profit from, say, a dozen of them over time to buy AM blades. as it stands, it's not financially viable to follow that plan.
It's also possible that all this added mining difficulty contributes to the price of BTC/USD going up. This would make mining bitcoins specifically more valuable than altcoins, and hashpower more valuable.
Just adding another angle for y'all to chew on...
Here's another: 1.99 is not that expensive if you had mined them. Depending on your rig etc. that's what? A couple of days of electricity?Just adding another angle for y'all to chew on...
Except that this seems to be more geared toward n00bs and casual miners. Meaning 2 BTC is a stupid price. Realistically, it should be 25%-50% of that cost to make it worth the cost.
at .5BTC, I'd buy several. At 2btc I'll buy zero...
It's also possible that all this added mining difficulty contributes to the price of BTC/USD going up. This would make mining bitcoins specifically more valuable than altcoins, and hashpower more valuable.
Just adding another angle for y'all to chew on...
Here's another: 1.99 is not that expensive if you had mined them. Depending on your rig etc. that's what? A couple of days of electricity? Just adding another angle for y'all to chew on...
It is getting somewhat disgusting how greedy ASICMINER is.
I hope their 99999 Th farm catches on fire.
Jeez.. was that too harsh? Oh well..
I hope their 99999 Th farm catches on fire.
Jeez.. was that too harsh? Oh well..
If its not your price then simply dont buy. I mean thats a company that wants to make money. They arent supposed to give them away for nearly free like avalon is doing it. Where afterwards the buyer put the miner on ebay and make a fortune out of it.
Plus... if you guys dont buy it because of the price... others will buy it. Theres no one forcing anyone to buy. But there are plenty of people that buy avalons for a fortune on ebay or buy fpgas for much money even though its relatively clear that the roi wont come to them.
So its pointless to demand a lower price. No one is crying about apple selling their iphone for much money. One can buy Android instead or dont buy. But to await that apple drops the price? Im not sure why it happens here. Im relatively sure the product will sell. If not the price has to drop. Simple as that...
The real value in this device is being able to show your grandchildren, 50 years from now, "This is the gadget that really started the 99% revolution..."
So, novelty value. Meh. I'm not into mining just to say I was into mining. It's a shame they aren't producing a price competitive device. Jump to: