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Topic: [CLOSED] Block Erupter USB @ 0.20 BTC + parcel -> Shipping to anywhere! - page 20. (Read 54775 times)

vip
Activity: 756
Merit: 504
The first batch is almost delivered!

 Grin

legendary
Activity: 1232
Merit: 1000
Any chance of introducing paypal payment option for those who have started mining?

I would recommend those who have started mining not to order this expensive toy.
This expensive toy is still cheaper than FPGA mining.

But still more expensive than just keeping/buying bitcoins.
I meant this is ideal for those who want to invest in hardware as a liquid asset instead of buying bitcoins.

I agree the fact that 330MH/s is not a lot of hashing power in hindsight and at the increased difficulty and its continuous rise (two times in a month), you might look at earnings of 0.008 for next month, 0.006..., earning per day and it won't be profitable. It has arrived late in the mining scenario but may give entry level miners a glimpse of what mining bitcoins is about thus making it more accessible to people with lower incomes thus having a far greater distributed hashing power, than relying on denser ASIC miners (e.g AVALON 60GH/s miner or the fabled "box with fans" that was downgraded from 1,500GH/s to 500GH/s).

Nevertheless, to be profitable, it should be at a much lower price if people want to profit in the long term.


Can someone PM me and tell me just how you go about mining solo? Thanks
full member
Activity: 427
Merit: 100
Ack.  Am making confusion. 

Am placing order for 5, then placing another order for 10.  Brother was thinking 21 BTC for order of 5. 

Can you quoting him 15 and fix my confusing? 

Hair is red.  Thank you for every thing!
vip
Activity: 756
Merit: 504
5 Units for 10.5 BTC and then additional 10 BTC shipping ?  Nearly $280 USD shipping for each device?  

UK post calculator says 49.99 GBP = 0.58 BTC for one pound package delivered next day from UK to USA.  

I request payment for people which increased their units in their respective pre-orders. Perhaps I made a mistake. What is your brother email?

I just spot your signature... It is not "red hair". This is wrong. It is AUBURN hair. That is the correct English word for beauties like you.

Now... Well... Auburn, Russian and with Irish temper! What a marvelous combination. I would fall in love with you at first sight (assuming you are she, of course).

Grin

Ok, you placed a pre-order for 10 units after another pre-order of 5 units. What is the correct pre-order? Your brother thinks you placed just 5.
vip
Activity: 756
Merit: 504
5 Units for 10.5 BTC and then additional 10 BTC shipping ?  Nearly $280 USD shipping for each device?  

UK post calculator says 49.99 GBP = 0.58 BTC for one pound package delivered next day from UK to USA.  

I request payment for people which increased their units in their respective pre-orders. Perhaps I made a mistake. What is your brother email?
full member
Activity: 427
Merit: 100
5 Units for 10.5 BTC and then additional 10 BTC shipping ?  Nearly $280 USD shipping for each device?  

UK post calculator says 49.99 GBP = 0.58 BTC for one pound package delivered next day from UK to USA.  
member
Activity: 65
Merit: 10
Am be putting in pre-order for 5.  If it would be helping, I could be preordering another 10.  Could also be picking up any units from first batch that pre-order person not taking.

All units from the first batch are already paid. You can try to contact the buyers to know if they are interested to sell their units.

If you are ready to pay for 15 units, place the pre-order. There is not a maximum limit of units to order the second batch.

My brother is saying that you are asking for more in shipping charges than the cost of the goods?  Over $1200.00 US for shipping 20 ounces of merchandise?  Is this being correct Huh

I don't know about total, but he has used uk Royal Mail postal calculator to correctly calculate postage as far as I am concerned!

Myrdd
full member
Activity: 427
Merit: 100
Am be putting in pre-order for 5.  If it would be helping, I could be preordering another 10.  Could also be picking up any units from first batch that pre-order person not taking.

All units from the first batch are already paid. You can try to contact the buyers to know if they are interested to sell their units.

If you are ready to pay for 15 units, place the pre-order. There is not a maximum limit of units to order the second batch.

My brother is saying that you are emailing asking for more in shipping charges than the cost of the goods?  Over $1200.00 US for shipping 10 ounces of merchandise?  Is this email being correct Huh
full member
Activity: 427
Merit: 100
With current network hash rate, would that not being closer to 400,000 to 1 ?

Hashrate: 336
Average generation time for a block (solo): 4 years, 338 days = 1798 days

1798 / 30 = 59.93

Right ?

Every day independent trial.  Each block independent trial.  Mining for 30 days just 30 iterations of one block in 1798 days or 1 chance to find block in every 431,520 next blocks over and over again. Not additive.  No more chance to find block after 1 year of mining as when starting - being actually much less because of weekly difficulty increases.  

Not as likely as you might be thinking - could easily mine for 25 years and not be finding block. Finding block solo at that rate about 3.5 sigma event.   Difference between 3.5 and 4 sigma events is being very small difference in probability-wise but large time-wise  - from once every six years to possibly twice in a lifetime and not difficult to stretch out to sigma 4.5 making once every 4 centuries.   Can only say results not being average after 1.4 million years of testing - should find block within 6 sigma - if not, average calculation probably wrong.

In meantime straight PPS should paying in your pocket about 18 BTC over same period you mentioning.
vip
Activity: 756
Merit: 504
Placing pre-order for 10 more units.  Not being a problem sending to my brother's address in USA, right?

No, it is not.
newbie
Activity: 28
Merit: 0
With current network hash rate, would that not being closer to 400,000 to 1 ?

Hashrate: 336
Average generation time for a block (solo): 4 years, 338 days = 1798 days

1798 / 30 = 59.93

Right ?
full member
Activity: 427
Merit: 100
With current network hash rate, would that not being closer to 1 in 400,000 ?
newbie
Activity: 28
Merit: 0
Is anybody thinking about playing the lottery of mining solo ?
I figured that at the current difficulty with 1 stick you would have 1 chance in 60 of winning 25 btc within the first month.
After that the difficulty will surely increase but still further mining will add to your chances.
Obviously having more than 1 stick would also help a lot.
full member
Activity: 427
Merit: 100
Placing pre-order for 10 more units.  Not being a problem sending to my brother's address in USA, right?
sr. member
Activity: 336
Merit: 250
Time for Plan ฿
I really expect order the second batch up to next Monday to have it delivered before the second week of June.

That's great. Placed my pre-order for 3 units.
vip
Activity: 756
Merit: 504
A+C, what is the lead time on the second batch?

I really expect order the second batch up to next Monday to have it delivered before the second week of June.
sr. member
Activity: 336
Merit: 250
Time for Plan ฿
A+C, what is the lead time on the second batch?
vip
Activity: 756
Merit: 504
Am be putting in pre-order for 5.  If it would be helping, I could be preordering another 10.  Could also be picking up any units from first batch that pre-order person not taking.

All units from the first batch are already paid. You can try to contact the buyers to know if they are interested to sell their units.

If you are ready to pay for 15 units, place the pre-order. There is not a maximum limit of units to order the second batch.
full member
Activity: 427
Merit: 100
Am be putting in pre-order for 5.  If it would be helping, I could be preordering another 10.  Could also be picking up any units from first batch that pre-order person not taking.
hero member
Activity: 585
Merit: 500
I suppose I only have 3 days to think what to tell the missus about how much I spent... Grin

i told mine they were my mining profits that i was reinvesting Wink
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