Help For Idiot | Bitcointalksearch.org

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: bigcuan on July 21, 2014, 12:32:09 AM

is usb mining still worth it?, how about its ROI?

Most of ASICs u can buy will never ROI, since the mining companys are probably mining with the hardware they are selling for some time before releasing it to customers, even when they state that they dont.
Bitcoin/altcoin mining was way better before asics came out to scene if you ask me, since then, theres nothing but bad profits, and dont forget that an ASIC that cant make up even for electricity is totaly useless afterwards, unlike the GPU-s that were previously used.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Bitminter had a very good interface, I am not sure if they support this.

Quote from: bigcuan on July 21, 2014, 12:32:09 AM

is usb mining still worth it?, how about its ROI?

No, even with free electricity, the difficulty is rising too fast as ASICs are being shipped, more miners=less profit for everyone. The people with the highest GH/J always get ROI. For USB miners, they do not have a good hashrate and GH/J and GH/$.

Chemistry1988

legendary

Activity: 1120

Merit: 1000

Quote from: bigcuan on July 21, 2014, 12:32:09 AM

is usb mining still worth it?, how about its ROI?

Nope.
You should check a mining profit calculator (for example: https://bitcoinwisdom.com/bitcoin/calculator) to estimate how much bitcoin you can get from a ASIC or a cloudmning contract before purchasing it.

WhatTheGox

legendary

Activity: 812

Merit: 1000

Quote from: bigcuan on July 21, 2014, 12:32:09 AM

is usb mining still worth it?, how about its ROI?

it never was, buy and hold is best unless you are a pro miner.

bigcuan

newbie

Activity: 3

Merit: 0

is usb mining still worth it?, how about its ROI?

icet208

hero member

Activity: 762

Merit: 500

make sure to document yourself if its profitable to mine with them (kinda waste of energy)

dariuss

member

Activity: 77

Merit: 10

I thought the mining pool software would run it automatically after it detects your miners?

techman

legendary

Activity: 1020

Merit: 1027

You can use cg miner after pluged them all.

Chrithu

full member

Activity: 224

Merit: 100

I will assume that you had running an Antminer U2 at least once before and thus have the correct driver installed.

Connect the Hubs to the same computer and connect all the Antminers to the Hubs.

Wait for windows to recognize the Antminers and install/start the driver for each of them.

Startup BFGMiner with the -S antminer:all parameter and the pool info.

BFGMiner should now recognize all 23 Antminer U2s and start them with the default Hashrate of 1.8 GH/s. They will all mine on the same pool.

This is the most basic and simple way, which should normally be enough.

P.S.:

Like in your other thread I advice you again to write questions about mining in the "mining support" sub-forums, because many people that are very knowledgeable about mining do not read the Beginner's and Help section very often. You will get a lot more helpful answers when posting in the appropriate section of the forums.

torusJKL

hero member

Activity: 619

Merit: 500

Just connected all your hubs to the same computer and let them mine using the same mining software.
(e.g. bfgminer, cgminer)

sandylee107

newbie

Activity: 12

Merit: 0

Hello, Can anyone tell me, in simple language how to run 2 powered hub. How do I connect them so they all mine the same pool? Total newbie! Just got a 10 port powered hub and have a 13 port powered hub on the way. Got a good deal. Will be running U2 Antminers. I keep reading but I can't find any details for stupid little old ladies. Can someone please help ! ? ! Thanks ! God Bless and Best Wishes.......Sandy

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