Topic: ASIC USB Miner for altcoins? (Read 6470 times)

Quote from: Jartsu on May 03, 2016, 08:00:31 AM

I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

Make sure you don't switch Mhs, Ghs and Ths...
I'm pretty sure you'll be about to mine $100/week with 333 Ths of mining power for most tradable altcoins on the market today... with 333 Mhs, i think it won't be possible. Wink

Calculator has "Hash Rate (KH/s):" 330Mh/s is 330000KH/s or am I wrong?

That should be correct... If in doubt, check this table : https://en.wikipedia.org/wiki/Metric_prefix
From Mh/s to Kh/s => add 3 zero's Wink

Then it's right.. There are also traders for that type. I'll buy USB Miner and will report back Wink

merelcoin

hero member

Activity: 675

Merit: 504

Quote from: merelcoin on May 03, 2016, 07:59:06 AM

Quote from: merelcoin on May 03, 2016, 07:59:06 AM

I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

Make sure you don't switch Mhs, Ghs and Ths...
I'm pretty sure you'll be about to mine $100/week with 333 Ths of mining power for most tradable altcoins on the market today... with 333 Mhs, i think it won't be possible. Wink

Calculator has "Hash Rate (KH/s):" 330Mh/s is 330000KH/s or am I wrong?

That should be correct... If in doubt, check this table : https://en.wikipedia.org/wiki/Metric_prefix
From Mh/s to Kh/s => add 3 zero's Wink

Jartsu

sr. member

Activity: 421

Merit: 250

I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

Make sure you don't switch Mhs, Ghs and Ths...
I'm pretty sure you'll be about to mine $100/week with 333 Ths of mining power for most tradable altcoins on the market today... with 333 Mhs, i think it won't be possible. Wink

Calculator has "Hash Rate (KH/s):" 330Mh/s is 330000KH/s or am I wrong?

merelcoin

hero member

Activity: 675

Merit: 504

Quote from: Jartsu on May 03, 2016, 07:43:28 AM

I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

Make sure you don't switch Mhs, Ghs and Ths... you are talking about a 333 Mhs stick... In coinwars, the standard hashrate is expressed in Ghs, meaning that you'll need to enter 0.333 to make a calculation to find out how much you'll mine.
I'm pretty sure you'll be able to mine $100/week with 333 Ths of mining power for almost all tradable altcoins on the market today... with 333 Mhs, i think it won't be possible. Wink

Jartsu

sr. member

Activity: 421

Merit: 250

I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

merelcoin

hero member

Activity: 675

Merit: 504

Quote from: merelcoin on May 03, 2016, 06:12:59 AM

Quote from: Jartsu on May 03, 2016, 05:42:12 AM

Quote from: merelcoin on May 03, 2016, 06:12:59 AM

I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever

I won't mine bitcoin and i'll mine sha256

You'll buy one of those 333Mh/s usbsticks? Please be advised : http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=0.333&p=1&pc=0.001&pf=0.00&d=178659257772.52700000&r=25.00000000&er=454.02490000&hc=0.00

That's less than 0.000001BTC per day, at current block reward and diff... the block reward will halve in a very short time, so you'll make less than 0.0000005BTC/day

A lot of mining pools have a 0.01 minimum withdrawal... This means that you'll have to keep on mining 24/7 for 10000 days before you can even withdraw your coins at current diff...

Didn't I say that, I won't mine "Bitcoins Cheesy

"

Maybe, just maybe... If you keep an eye on the altcoin announcement thread, and you start mining every new sha256 coin that hits the market untill the diff starts to rise, maybe you'll get lucky one day and mine a couple of coins that rise enough to ROI.

But, it's a longshot TBH.

BTW: those 333Mh/s sticks usually cost almost as much as a gekkoscience compaq... But this compaq can be overclocked to 23 Ghs, meaning it can be up to 69 times faster for almost the same price Wink

Quartx

hero member

Activity: 1036

Merit: 504

Becoming legend, but I took merit to the knee :(

If I am not wrong USB Miners are not worth it at all, hard to even roi

Jartsu

sr. member

Activity: 421

Merit: 250

Quote from: Jartsu on May 03, 2016, 05:42:12 AM

Quote from: Jartsu on May 03, 2016, 05:42:12 AM

I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever

I won't mine bitcoin and i'll mine sha256

You'll buy one of those 333Mh/s usbsticks? Please be advised : http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=0.333&p=1&pc=0.001&pf=0.00&d=178659257772.52700000&r=25.00000000&er=454.02490000&hc=0.00

That's less than 0.000001BTC per day, at current block reward and diff... the block reward will halve in a very short time, so you'll make less than 0.0000005BTC/day

A lot of mining pools have a 0.01 minimum withdrawal... This means that you'll have to keep on mining 24/7 for 10000 days before you can even withdraw your coins at current diff...

Didn't I say that, I won't mine "Bitcoins Cheesy

"

merelcoin

hero member

Activity: 675

Merit: 504

I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever

I won't mine bitcoin and i'll mine sha256

You'll buy one of those 333Mh/s usbsticks? Please be advised : http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=0.333&p=1&pc=0.001&pf=0.00&d=178659257772.52700000&r=25.00000000&er=454.02490000&hc=0.00

That's less than 0.000001BTC per day, at current block reward and diff... the block reward will halve in a very short time, so you'll make less than 0.0000005BTC/day

A lot of mining pools have a 0.01 minimum withdrawal... This means that you'll have to keep on mining 24/7 for 10000 days before you can even withdraw your coins at current diff...

Jartsu

sr. member

Activity: 421

Merit: 250

I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever

I won't mine bitcoin and i'll mine sha256

Amph

legendary

Activity: 3248

Merit: 1070