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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1034. (Read 3917058 times)

hero member
Activity: 518
Merit: 500
Which is more profitable, buying 50 USB Erupter to mine BTC @home or buy AM shares?

Time machine required.
hero member
Activity: 560
Merit: 500
Which is more profitable, buying 50 USB Erupter to mine BTC @home or buy AM shares?

ASICMiner Hash Rate Comparison.
legendary
Activity: 1022
Merit: 1000
Which is more profitable, buying 50 USB Erupter to mine BTC @home or buy AM shares?
full member
Activity: 173
Merit: 100
hero member
Activity: 560
Merit: 500
There is something inherently sexy with those USB miners in a blue LED light...
sr. member
Activity: 322
Merit: 252
These usb 3.0 hubs arent cheap either..

Those hubs are about 0.04BTC / stick. (that's 2% of the stick value) (link)

But he has 77 sticks, so pictures with more hubs 'll come soon  Cool

to my understanding it is possible to run 127USB devices from the one host...... any ideas why i am failing to pass 58? would love to add another 2 racks to that photo for ya!

--

New pics:







( Had three ports that would not accept any Erupter USB that was plugged into it, but worked fine in any other slot. *shrugs* )
member
Activity: 85
Merit: 10
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions

well, this is also correct, i guess nobody will take up on the offer.
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions

2500 -> 2000 == 2.5 -> 2, For 2.5*1000 shares.
hero member
Activity: 656
Merit: 500
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions
sr. member
Activity: 362
Merit: 250
What blades are you talking about?

It should work out approximately the same for both the Block Erupter Blade and the USB miner, since I imagine power consumption is approximately the same...
member
Activity: 85
Merit: 10
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.
legendary
Activity: 1148
Merit: 1001
Just wanted to share a short calculation I made that put some things into perspective.

I asked myself the question: until when will these blades continue to be profitable to mine with?

And the answer is surprising*: The marginal cost to produce one BTC with ASICMINER hardware is currently 0.435 USD.

At the current price of ~130 USD/BTC, it continues to be profitable to mine with this until the total network hash rate reaches around 30 peta-hashes per second - or to put it differently, until network hash rate has grown by a factor of around 250.

TL;DR - "prev-gen" (130 nm) hardware to continue to be profitable for a long time!


* Assumptions: 0.10 USD/kWh power costs, and assume away all fixed costs (hardware costs, operation, space rental, etc.), that is, focus on the marginal cost.

What blades are you talking about?
sr. member
Activity: 362
Merit: 250
Just wanted to share a short calculation I made that put some things into perspective.

I asked myself the question: until when will these blades continue to be profitable to mine with?

And the answer is surprising*: The marginal cost to produce one BTC with ASICMINER hardware is currently 0.435 USD.

At the current price of ~130 USD/BTC, it continues to be profitable to mine with this until the total network hash rate reaches around 30 peta-hashes per second - or to put it differently, until network hash rate has grown by a factor of around 250.

TL;DR - "prev-gen" (130 nm) hardware to continue to be profitable for a long time!


* Assumptions: 0.10 USD/kWh power costs, and assume away all fixed costs (hardware costs, operation, space rental, etc.), that is, focus on the marginal cost.
legendary
Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?
sr. member
Activity: 360
Merit: 250
WOW

thats only ~ 800 BTC/unit
member
Activity: 85
Merit: 10
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.
hero member
Activity: 602
Merit: 500
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley
member
Activity: 85
Merit: 10
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile

These usb 3.0 hubs arent cheap either... i wonder what turnaround time all the costs will have.



Might happen...Smiley At least its a good advertising...
hero member
Activity: 491
Merit: 500
A bit less than 1 hour left till the end of my auction of 33 direct shares (in case somebody is interested). Smiley

https://bitcointalksearch.org/topic/auction-asicminer-33-direct-shares-220493
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