Topic: Block Eupter USB August batch update - page 4. (Read 16634 times)
Neverreachableroi again?..
Pretty much no one is going to make a profit on most other miners either. If/when they get it.
So you're saying that if you had $39 in your pocket, and you converted it into BTC and purchased a miner with it.. you mine it for a year or two, and you will never get your $39 back? What if a BTC suddenly climbs to $10,000 in a couple of years.. and this only generated 0.2 BTC at that time (a net BTC loss), you would still have $2000? If these can make 0.01 BTC in 3-4 days, who's to say that 0.01 BTC isn't worth >$40 soon?
People purchase these for different reasons. I have many of these purring away right now and I have already earned over 20-30% of their cost. If at the end of the year they have only earned 60% that's okay with me. It's better than pre-ordering a BFL and a year later it hasn't arrived, at least with these you can do your profit calculations knowing that it will be in your hand in a day or so.
These make an excellent choice for first-timers of Bitcoin particularly, even though holding BTC is an even better way to guarantee profits.
There is also the PPCoin angle. If you point yours at PP, there is a chance that by the end of the year the PPCoin hashrate skyrockets and block reward plummets, and you could convert your PP into BTC at a profit.
*Who knows* what will happen in this crypto world, and what the best choices are, but don't hate on the USB miner because they are "outrageously" priced at 0.39 BTC! I remember paying 40 BTC for a 5870 not long ago. If you want a miner, buy one, if not, keep it to yourself!
Pretty much no one is going to make a profit on most other miners either. If/when they get it.
So you're saying that if you had $39 in your pocket, and you converted it into BTC and purchased a miner with it.. you mine it for a year or two, and you will never get your $39 back? What if a BTC suddenly climbs to $10,000 in a couple of years.. and this only generated 0.2 BTC at that time (a net BTC loss), you would still have $2000? If these can make 0.01 BTC in 3-4 days, who's to say that 0.01 BTC isn't worth >$40 soon?
People purchase these for different reasons. I have many of these purring away right now and I have already earned over 20-30% of their cost. If at the end of the year they have only earned 60% that's okay with me. It's better than pre-ordering a BFL and a year later it hasn't arrived, at least with these you can do your profit calculations knowing that it will be in your hand in a day or so.
These make an excellent choice for first-timers of Bitcoin particularly, even though holding BTC is an even better way to guarantee profits.
There is also the PPCoin angle. If you point yours at PP, there is a chance that by the end of the year the PPCoin hashrate skyrockets and block reward plummets, and you could convert your PP into BTC at a profit.
*Who knows* what will happen in this crypto world, and what the best choices are, but don't hate on the USB miner because they are "outrageously" priced at 0.39 BTC! I remember paying 40 BTC for a 5870 not long ago. If you want a miner, buy one, if not, keep it to yourself!
This is an intentional screw to the greedy customer too dumb to realiae it. If BFL was as shady as ASICMiner, it would have sold units on e-bay 2 months ago for $100k+ instead of shipping to their customers, claiming "Oh, look, our first customers are selling!".
No, they couldn't sell them on Ebay because the merchandise must exist before Ebay will let you sell them. ASICMiner can sell you an overpriced product because all BFL can do is sell promises, they can't keep them.
KNC and Bitfury might provide some competition. BFL never will.
Oh, you mean the gigavps units? They penned a deal with giga that he would get his mini-rigs before anyone else. Beta customer or some such.
That would have blown up in their face.
However, this was reported:
http://bflfraud.com/
"I’m not going to tell you a pack of lies. I’m just going to tell you how it is. "
Is always 100% reputable.
Besides, Jun 20 1 mini shipped
Jun 21 1 mini shipped
Jun 22 mini shipping continues (they stopped giving numbers)
But hey, they MUST have been lying about those.
Link to your source for that information?
This is an intentional screw to the greedy customer too dumb to realiae it. If BFL was as shady as ASICMiner, it would have sold units on e-bay 2 months ago for $100k+ instead of shipping to their customers, claiming "Oh, look, our first customers are selling!".
No, they couldn't sell them on Ebay because the merchandise must exist before Ebay will let you sell them. ASICMiner can sell you an overpriced product because all BFL can do is sell promises, they can't keep them.
KNC and Bitfury might provide some competition. BFL never will.
Oh, you mean the gigavps units? They penned a deal with giga that he would get his mini-rigs before anyone else. Beta customer or some such.
That would have blown up in their face.
However, this was reported:
http://bflfraud.com/
"I’m not going to tell you a pack of lies. I’m just going to tell you how it is. "
Is always 100% reputable.
Besides, Jun 20 1 mini shipped
Jun 21 1 mini shipped
Jun 22 mini shipping continues (they stopped giving numbers)
But hey, they MUST have been lying about those.
Link to your source for that information?
This is an intentional screw to the greedy customer too dumb to realiae it. If BFL was as shady as ASICMiner, it would have sold units on e-bay 2 months ago for $100k+ instead of shipping to their customers, claiming "Oh, look, our first customers are selling!".
No, they couldn't sell them on Ebay because the merchandise must exist before Ebay will let you sell them. ASICMiner can sell you an overpriced product because all BFL can do is sell promises, they can't keep them.
KNC and Bitfury might provide some competition. BFL never will.
Oh, you mean the gigavps units? They penned a deal with giga that he would get his mini-rigs before anyone else. Beta customer or some such.
That would have blown up in their face.
However, this was reported:
http://bflfraud.com/
"I’m not going to tell you a pack of lies. I’m just going to tell you how it is. "
Is always 100% reputable.
Besides, Jun 20 1 mini shipped
Jun 21 1 mini shipped
Jun 22 mini shipping continues (they stopped giving numbers)
But hey, they MUST have been lying about those.
This is an intentional screw to the greedy customer too dumb to realiae it. If BFL was as shady as ASICMiner, it would have sold units on e-bay 2 months ago for $100k+ instead of shipping to their customers, claiming "Oh, look, our first customers are selling!".
No, they couldn't sell them on Ebay because the merchandise must exist before Ebay will let you sell them. ASICMiner can sell you an overpriced product because all BFL can do is sell promises, they can't keep them.
KNC and Bitfury might provide some competition. BFL never will.
Oh, you mean the gigavps units? They penned a deal with giga that he would get his mini-rigs before anyone else. Beta customer or some such.
That would have blown up in their face.
However, this was reported:
http://bflfraud.com/
This is an intentional screw to the greedy customer too dumb to realiae it. If BFL was as shady as ASICMiner, it would have sold units on e-bay 2 months ago for $100k+ instead of shipping to their customers, claiming "Oh, look, our first customers are selling!".
No, they couldn't sell them on Ebay because the merchandise must exist before Ebay will let you sell them. ASICMiner can sell you an overpriced product because all BFL can do is sell promises, they can't keep them.
KNC and Bitfury might provide some competition. BFL never will.
Really good news friedcat!
This is an intentional screw to the greedy customer too dumb to realiae it. If BFL was as shady as ASICMiner, it would have sold units on e-bay 2 months ago for $100k+ instead of shipping to their customers, claiming "Oh, look, our first customers are selling!".
No, they couldn't sell them on Ebay because the merchandise must exist before Ebay will let you sell them. ASICMiner can sell you an overpriced product because all BFL can do is sell promises, they can't keep them.
KNC and Bitfury might provide some competition. BFL never will.
From www.wtcr.ca:
Also:
There you go Folks!!!! 33GH for ONLY $3300!!!!!!!!!!!!! Also:
Quote
All ASICMINER Products totaling 5 BTC or more are eligible for FREE UPS Express Shipping this weekend. Canada and USA only. (link)
Hey! K9! How much BTC will that 32BTC get back?!?!?!?!?
Pass.
Clearly you have not read my post history, otherwise you would have picked someone else.
As always, you get the math wrong. Today, BTC is trading at $122, so 32 BTC for a 100 pack would be worth $3904.
They would get about half their BTC back according to http://mining.thegenesisblock.com/
They would at least get their mining equipment immediately. If the difficulty rise tails off (unlikely), they would be in a position to take advantage of that because they would already have their hardware running. Still, these should only be regarded as novelty items, or for securing the blockchain and democratizing the mining of bitcoin, not for an investment that will give a positive ROI.
Plus, shiny.
I knew quite well your post history, just as I knew quite well 32 BTC could NEVER be recouped as BTC, and I knew you have this hardon for BTC comparisions regardless of USD pricing.
And it's SOOO much better to mine now that wait. Back in June you could have spent 8000 BTC for the equivalent of a mini-rig. Now you are paying almost $4000 dollars for what is basically a little single. Great investment, I can use it now!
33GH now vs 600GH later for the same price. And this isn't JUST BFL offering that. I've seen at least 3 companies claiming roughly the same.
This is an intentional screw to the greedy customer too dumb to realiae it. If BFL was as shady as ASICMiner, it would have sold units on e-bay 2 months ago for $100k+ instead of shipping to their customers, claiming "Oh, look, our first customers are selling!".
WTF is the point of these?! they already exist...
Why make another version?! It better have programmable VRM ... that would make it worth while rofl! otherwise WTF!?
Why make another version?! It better have programmable VRM ... that would make it worth while rofl! otherwise WTF!?
From www.wtcr.ca:
Also:
There you go Folks!!!! 33GH for ONLY $3300!!!!!!!!!!!!! Also:
Quote
All ASICMINER Products totaling 5 BTC or more are eligible for FREE UPS Express Shipping this weekend. Canada and USA only. (link)
Hey! K9! How much BTC will that 32BTC get back?!?!?!?!?
Pass.
Clearly you have not read my post history, otherwise you would have picked someone else.
As always, you get the math wrong. Today, BTC is trading at $122, so 32 BTC for a 100 pack would be worth $3904.
They would get about half their BTC back according to http://mining.thegenesisblock.com/
They would at least get their mining equipment immediately. If the difficulty rise tails off (unlikely), they would be in a position to take advantage of that because they would already have their hardware running. Still, these should only be regarded as novelty items, or for securing the blockchain and democratizing the mining of bitcoin, not for an investment that will give a positive ROI.
Plus, shiny.
oh la la!
we randomly opened up a USB the other day and found it had those purdy beveled edges, and the certification stamps on them.. looks very nice! now that I see there is even more variety in colors than I had previously thought, I actually want to collect them all!
Same! I got one of the new ones from a group buy. we randomly opened up a USB the other day and found it had those purdy beveled edges, and the certification stamps on them.. looks very nice! now that I see there is even more variety in colors than I had previously thought, I actually want to collect them all!
you dont get it people.
this thread is not about pricing, but about securing blockchain and buying a piece of art.
this thread is not about pricing, but about securing blockchain and buying a piece of art.
He mentioned Return On Investment (ROI). And you cannot discuss ROI without discussing prices.
At current prices and difficulty increases anyone buying these will never get back the btc they are spending, they will never get 100% ROI.
That is a hard cold fact that cannot be ignored.
I don't understand this attitude.
Why does everyone who wants to mine have to be in it for a guaranteed profit?
I'm personally not willing to drop $40 for one of these, but if it were, say, $10 or $20 I would happily get one and just solo mine it.
I've been involved with Bitcoin for two years and I've never yet gotten into mining. A large part of that is because there is no free-software for Debian that will CPU or GPU mine, and another part of that is because the barrier to entry is too expensive with ASICs.
I'd be HAPPY to gamble on a a small USB ASIC miner. If I never discover a block(which I most like won't) then I'd be out $20. Whoopdy dooo!
But if I did discover a block I would win $2500.
And don't tell me it's a losing gamble. Of course it is! A lot of gambling is, but that doesn't mean nobody would want to do it.
You should want to get more people to have a stake in Bitcoin. The more people that mine, even if it's just a teeny tiny USB miner like this, helps people to feel more a part of the community and to understand Bitcoin. So what if they lose $40 or whatever?? That's their call!
That guy friedcat must be really desperate... 
Anyway gl on promoting those overpriced usb miners as protectors of the blockchain
and souvenirs 
!
Anyway gl on promoting those overpriced usb miners as protectors of the blockchain
and souvenirs !
I'm half expecting to see these being sold at WalMart - We are now entering the dawn of the THs, strap in and enjoy the ride...
We are now entering the dawn of the THs, strap in and enjoy the ride... 
What are the tech specs & where can i get one?
Is it red or pink? I hope pink, we need to make Bitcoin Mining more appealing to females.
Well, Bitcoiners don't have any girlfriends to introduce to Bitcoin, that much is obvious.
Is it red or pink? I hope pink, we need to make Bitcoin Mining more appealing to females.
Well, Bitcoiners don't have any girlfriends to introduce to Bitcoin, that much is obvious.
Jump to: