Is it worth buying ASICMINER Bitcoin erupter blade at this difficulty

monbux

legendary

Activity: 1736

Merit: 1029

buy one ONLY if you want it as a hobby or want to collect. Earnings? pffft.

J35st3r

full member

Activity: 196

Merit: 100

I joined here 3 months ago with a bee in my bonnet about overpriced block erupters, which were 2 BTC at the time. Told everybody that would listen (and quite a few who wouldn't) thay they were overpriced and would never make back the investment (with links to calculators). They are less than 0.5 BTC now, and still overpriced for the ROI expected. In another couple of months the ROI will be less than the manufacturing cost (I've seen $7 quoted as marginal cost of manufacture). Then what?

So, no, not worth buying an erupter, or any of the pre-order asic miners. Its a classic Californian Gold Rush. There is no money to be made as everyone is chasing the same return (3600BTC/day), and fools are piling in to buy the "shovels".

[/rant off] glad to be of service.

rumbitla

member

Activity: 98

Merit: 10

I made my usb eriptor investment back mining sha256 altcoins and selling them for

bitcoins.

Mining bitcoins directly is not worth it.

aluminum

newbie

Activity: 6

Merit: 0

Quote from: coderjeff on August 22, 2013, 12:05:44 PM

I agree that if you want to experiment, stick with USB Erupters. I just bought one on Ebay for about $45 delivered. It's good to experiment with. It won't be profitable to mine with it, but it does gives me some hardware to tinker with.

I doubt you would even recover the cost of Blades, much less make a profit, and they would make for an expensive hobby.

I might buy a few more USB Erupters if the price drops a bunch, but even then it would be because of my interest in software and not because it would be a good investment.

Bummer, I was considering buying 2 usb erupters. It is a good thing I stumbled across this forum.

coderjeff

newbie

Activity: 13

Merit: 0

I agree that if you want to experiment, stick with USB Erupters. I just bought one on Ebay for about $45 delivered. It's good to experiment with. It won't be profitable to mine with it, but it does gives me some hardware to tinker with.

I doubt you would even recover the cost of Blades, much less make a profit, and they would make for an expensive hobby.

I might buy a few more USB Erupters if the price drops a bunch, but even then it would be because of my interest in software and not because it would be a good investment.

slavo

hero member

Activity: 784

Merit: 500

i don't think so, but it'll be collector soon

hasher87

hero member

Activity: 686

Merit: 500

maybe just for tinkering or trying to figure out how the bitcoin works, maybe so

but for profit? neh

ajw7989

legendary

Activity: 924

Merit: 1000

to make a profit probably not for a hobby sure. I bought usb asicminers and intend to use it more of a hobby and make at least a portion of my money back.

QueenB

member

Activity: 70

Merit: 10

Quote from: ylame on August 21, 2013, 08:41:20 PM

Hello,

I have been mining bitcoins alt coins using GPU rig. Recently I have decided in buying 5 Bitcoin erupter Blades. The current difficulty is around 50810339.0483, so I'm wondering if it's worth the investment?
Are there any other miners worth buying. I looking to spend around 50BTC.

Thank you all for all the posts and all the knowledge sharing.... Keep it up and I'll try to jump in too as I can...

No, not worth it.

CrashX

full member

Activity: 238

Merit: 101

http://mining.thegenesisblock.com/a/8afca67ed3

You will never get your investment back. Im afraid they are just a toy to play around with.

I purchase 100 of them, I pay 35 each which is cheap and I regret it now Embarrassed

The first one I got I pay 75 for it late last month and be running for a month now and its only made BTC0.06 Embarrassed

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: abdullahadam on August 21, 2013, 11:08:23 PM

Quote from: ylame on August 21, 2013, 08:41:20 PM

Hello,

I have been mining bitcoins alt coins using GPU rig. Recently I have decided in buying 5 Bitcoin erupter Blades. The current difficulty is around 50810339.0483, so I'm wondering if it's worth the investment?
Are there any other miners worth buying. I looking to spend around 50BTC.

Thank you all for all the posts and all the knowledge sharing.... Keep it up and I'll try to jump in too as I can...

Very risky, 1 year+ return on investment
http://mining.thegenesisblock.com/a/965a7370fc

You can try your luck with one of the other ones...

That's a sweet link thanks for sharing it

abdullahadam

sr. member

Activity: 285

Merit: 250

Quote from: ylame on August 21, 2013, 08:41:20 PM

Hello,

I have been mining bitcoins alt coins using GPU rig. Recently I have decided in buying 5 Bitcoin erupter Blades. The current difficulty is around 50810339.0483, so I'm wondering if it's worth the investment?
Are there any other miners worth buying. I looking to spend around 50BTC.

Thank you all for all the posts and all the knowledge sharing.... Keep it up and I'll try to jump in too as I can...

Very risky, 1 year+ return on investment
http://mining.thegenesisblock.com/a/965a7370fc

You can try your luck with one of the other ones...

ylame

newbie

Activity: 19

Merit: 0

Hello,

I have been mining bitcoins alt coins using GPU rig. I'm planning to buy more GPU's. Is it worth buying?

Thank you all for all the posts and all the knowledge sharing.... Keep it up and I'll try to jump in too as I can...

Topic: Is it worth buying ASICMINER Bitcoin erupter blade at this difficulty (Read 2166 times)