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Topic: Is USB ASIC mining worth it? - page 2. (Read 1944 times)

newbie
Activity: 42
Merit: 0
June 05, 2013, 05:19:36 AM
#8
Is the mining difficulty so high that these devices won't pay for themselves?

Check hashrate of the devices from wiki, calculate expected btc/month $/month, calculate power usage and get the profit.
Assume profit will be lowering each week a bit since increasing difficulty.
newbie
Activity: 65
Merit: 0
June 05, 2013, 05:15:48 AM
#7
They basically are only good for helping get new people interested/familiar with bitcoin.

They cant mine anything really.
member
Activity: 98
Merit: 10
June 05, 2013, 03:35:53 AM
#6
For 1 BTC they would be nice.
newbie
Activity: 9
Merit: 0
June 05, 2013, 03:31:15 AM
#5
they are pretty much novelty items at this point
full member
Activity: 196
Merit: 100
June 05, 2013, 03:27:10 AM
#4
Is the mining difficulty so high that these devices won't pay for themselves?

Its not the current difficulty that counts. If it stayed the same you'd get your BTC back in 200 days.

But it won't stay the same, so how to you rate your crystal ball?

Have a play with http://coinish.com/calc (NB use expert mode to see the effect of increase in difficulty), and take a look at these threads https://bitcointalk.org/index.php?board=81.0
newbie
Activity: 33
Merit: 0
June 05, 2013, 03:17:23 AM
#3
Where can get more info on USB ASIC miner?
newbie
Activity: 14
Merit: 0
June 05, 2013, 01:29:47 AM
#2
Of course not.  Do the math and youll see its pointless.
full member
Activity: 137
Merit: 100
June 05, 2013, 01:21:54 AM
#1
Is the mining difficulty so high that these devices won't pay for themselves?
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