Is USB ASIC mining worth it? - page 2.

r.freeman

newbie

Activity: 42

Merit: 0

Quote from: Capitalism Prevails on June 05, 2013, 01:21:54 AM

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.

rn4j0r

newbie

Activity: 65

Merit: 0

They basically are only good for helping get new people interested/familiar with bitcoin.

They cant mine anything really.

rumbitla

member

Activity: 98

Merit: 10

For 1 BTC they would be nice.

KizunaAikawa

newbie

Activity: 9

Merit: 0

they are pretty much novelty items at this point

J35st3r

full member

Activity: 196

Merit: 100

Quote from: Capitalism Prevails on June 05, 2013, 01:21:54 AM

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

RiseOfTH

newbie

Activity: 33

Merit: 0

Where can get more info on USB ASIC miner?

Preschoolv2

newbie

Activity: 14

Merit: 0

Of course not. Do the math and youll see its pointless.

Capitalism Prevails

full member

Activity: 137

Merit: 100

Is the mining difficulty so high that these devices won't pay for themselves?

Topic: Is USB ASIC mining worth it? - page 2. (Read 1953 times)