Author

Topic: ASIC USB Bitcoin miner 300Mh/s (Read 2366 times)

legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
June 16, 2013, 09:48:10 AM
#17
I bought 10 in an early group buy and sold 4 on ebay for about $400 each which reduced my cost per stick to about $140 which will still be difficult to recoup...
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
June 16, 2013, 08:33:47 AM
#16
At this rate, it will take about 241 days to mine 2 BTC at today's diff.

With diff. jumping 15-28% per week or so, these things will NEVER ROI...... EVER!!!

I'm wondering if some people are hoping to jump on them to mine SOME BTC, and then hope to sell the USB's later to put them in the profit.

Personally I think it is greed and the novelty of it all plus ease of use and of course the fact that they actually delivered in a reasonable amount of time (i'm looking at you BFL!!!).

If you had purchased BTC at under 30 and have 1000's of them then you can easily ROI, because your actual cost basis is on a per unit basis, much much lower. For those of us that jumped on board recently like me, well it is just this side of being too late.
legendary
Activity: 1988
Merit: 1007
June 16, 2013, 08:07:13 AM
#15
These things need to be priced at less than $30 or .3 BTC today to be even remotely worth there hashing ability.

At today's diff. 1GH/s gets you about 0.025 BTC per day.
You would need 3 of these to get to 1GH/s

People have been buying these things on ebay for > $500.

In the recent round of group buys I purchased 28GH/s for around that same price, bringing the $/GH/s price range down to ~$17.86.

TerraHash is set to deploy a 4.5GH/s hosted board for 1.99 BTC and a 18 GH/s hosted board for 6.99 GH/s.

The prices for $/GH/s is dropping fast.

1 of the USB ASIC miners will as of today generate 0.0083 BTC per day.

At this rate, it will take about 241 days to mine 2 BTC at today's diff.

With diff. jumping 15-28% per week or so, these things will NEVER ROI...... EVER!!!

I'm wondering if some people are hoping to jump on them to mine SOME BTC, and then hope to sell the USB's later to put them in the profit.
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
June 16, 2013, 08:03:21 AM
#14
These things need to be priced at less than $30 or .3 BTC today to be even remotely worth there hashing ability.

At today's diff. 1GH/s gets you about 0.025 BTC per day.
You would need 3 of these to get to 1GH/s

People have been buying these things on ebay for > $500.

In the recent round of group buys I purchased 28GH/s for around that same price, bringing the $/GH/s price range down to ~$17.86.

TerraHash is set to deploy a 4.5GH/s hosted board for 1.99 BTC and a 18 GH/s hosted board for 6.99 GH/s.

The prices for $/GH/s is dropping fast.

1 of the USB ASIC miners will as of today generate 0.0083 BTC per day.

At this rate, it will take about 241 days to mine 2 BTC at today's diff.

With diff. jumping 15-28% per week or so, these things will NEVER ROI...... EVER!!!
newbie
Activity: 6
Merit: 0
June 16, 2013, 07:29:26 AM
#13
I think they're very expensive, with the difficulty rising and all
legendary
Activity: 1988
Merit: 1007
June 16, 2013, 04:21:59 AM
#12
Very overpriced

Yeah, if the price is .8btc. I will buy 100 of this.

I'd say even at .8BTC you're probably not going to see a ROI. It will mine so slow that it would take forever to get anything, and by the time it did it would likely be dead (the hardware).
newbie
Activity: 29
Merit: 0
June 16, 2013, 03:26:39 AM
#11
300 dollar per stick is too much.
sr. member
Activity: 448
Merit: 250
June 16, 2013, 02:38:58 AM
#10
Very overpriced

Yeah, if the price is .8btc. I will buy 100 of this.
newbie
Activity: 3
Merit: 0
June 16, 2013, 02:36:45 AM
#9
Very overpriced
sr. member
Activity: 448
Merit: 250
June 16, 2013, 02:35:21 AM
#8
Try looking in the marketplace.
legendary
Activity: 1652
Merit: 1016
June 16, 2013, 01:55:16 AM
#7
No don't have one of those. Most have their covers left on from pictures I've seen. Not worth buying one, their hash rate is low and currently massively overpriced.

If you can get cheap energy then they can still have a great return.

Their electricity consumption is tiny, it's irrelevant. Whats important is Bitcoins difficulty which is set to jump to 19 million today.

These things won't mine jack.
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
June 15, 2013, 09:42:35 PM
#6
full member
Activity: 168
Merit: 100
June 15, 2013, 09:38:14 PM
#5
No don't have one of those. Most have their covers left on from pictures I've seen. Not worth buying one, their hash rate is low and currently massively overpriced.

If you can get cheap energy then they can still have a great return.
newbie
Activity: 6
Merit: 0
June 15, 2013, 09:32:53 PM
#4
There is awesome
sr. member
Activity: 389
Merit: 250
June 15, 2013, 09:10:34 PM
#3
Welcome
I am an electronics engineer by profession so arrangements for me is very simple
Looking PCB USB ASIC Bitcoin miner 300Mh / s
I looked on the internet but I can not find
does anyone have a diagram of?
I would do such a thing
if you have a USB PCB ASIC Bitcoin miner 300Mh / s
I would ask for a photo in front, back, and side

Google Block Erupter.  I think these may be the 300 M/hash ASICs you are looking for.
A quick search didn't find a diagram, but you may be able to find something in the Mining / Hardware / Custom Hardware forum.
legendary
Activity: 1652
Merit: 1016
June 15, 2013, 09:05:48 PM
#2
No don't have one of those. Most have their covers left on from pictures I've seen. Not worth buying one, their hash rate is low and currently massively overpriced.
newbie
Activity: 42
Merit: 0
June 15, 2013, 08:53:46 PM
#1
Welcome
I am an electronics engineer by profession so arrangements for me is very simple
Looking PCB USB ASIC Bitcoin miner 300Mh / s
I looked on the internet but I can not find
does anyone have a diagram of?
I would do such a thing
if you have a USB PCB ASIC Bitcoin miner 300Mh / s
I would ask for a photo in front, back, and side
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