Klondike 1 Avalon Asic chip Mini USB miner - page 21.

Socket54

full member

Activity: 148

Merit: 102

Quote from: metazilla on May 06, 2013, 04:43:21 PM

I think the comparisons to most of the other ASICs in terms of hashes/$ are missing the point of these - they are cheap and convenient. Many more people would like an ASIC in a USB dongle that they can spend <$50, who are just casually into cryptocoins. Most people aren't going to invest more than a few hundred bucks, let alone a few thousand for one of the nicer ASICs. This is catering even to people who can't afford to spend money on a nice GPU, which is awesome.

Which would be me lol. I know it may come as a total shock to some but hey 2 btc is a chit ton for a guy like me new to mining heck i barely got .005 btc or something so far off my lil ol gt 550 ti so far just testing stuff. I was really excited about the usbminers and getting into it till i seen they got greedy cornering the asic market with hardly no competition and charging 1.99!

Hoping this project kicks off or maybe see some going for around 50 bucks in a few months on ebay so i can start getting into this mining thing more.

HowGudAmI

sr. member

Activity: 294

Merit: 250

BTC --> ??? --> PROFIT

100% will be interested if the price is sub 1BTC, I would probably want to order between 2 and 4BTC worth of them.

muyuu

donator

Activity: 980

Merit: 1000

我也需要my body is ready.

metazilla

member

Activity: 75

Merit: 10

I think the comparisons to most of the other ASICs in terms of hashes/$ are missing the point of these - they are cheap and convenient. Many more people would like an ASIC in a USB dongle that they can spend <$50, who are just casually into cryptocoins. Most people aren't going to invest more than a few hundred bucks, let alone a few thousand for one of the nicer ASICs. This is catering even to people who can't afford to spend money on a nice GPU, which is awesome.

klondike_bar

legendary

Activity: 2128

Merit: 1005

ASIC Wannabe

at this point, people are willing to pay for 150mhash/BTC (at about 7w) based on demand for the blockerupter's 300mhash/2BTC. I personally will not invest unless it is at least 250mhash/btc which will come soon. by september we could see 1GHash/BTC based on the cost of avalon chips and competitive designs.

looking at the blockerupter:

basic calculations for $300 investment (asic + microPC/rasperry Pi), 100w draw, 300mHash, and a 10% higher starting difficulty indicates that you would pay off the system within about 4-7 months, and at the end of a year make 50-120% profit, with dwindling returns of maybe ~50% in the entire second year. This assumes that you have an almost 24/7 operation, no failures, and other competing asics are slow to release.

i think if you could use a powered hub (1A or 1.5A per port), you could get 2 perhaps even 3 chips to operate with almost no additional components that are not found in 1-chip designs

kodachrome

newbie

Activity: 26

Merit: 0

I think its fair to say everyone is interested in a <1BTC USB Asic! As am I.

glendall

legendary

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Buzz App - Spin wheel, farm rewards

Quote from: ?? on ??

Quote from: BkkCoins on May 06, 2013, 09:54:44 AM

Quote from: ?? on ??

Quote from: brucemangy on May 06, 2013, 09:05:43 AM

Quote from: ?? on ??

Avalon chips use less power than AM chips. It should be no problem to put 2 Avalon chips on USB stick, check this thread:

https://bitcointalksearch.org/topic/diy-pcb-with-avalon-the-quarter-stick-needs-help-161715

USB is 2.5 Watt. The chip is 1700 mW so ... NO

Max. voltage 5.00±0.25 V (pre-3.0); 5.00+0.25-0.55 V (USB 3.0)
Max. current 500–900 mA (general); 5 A (charging devices)

http://en.wikipedia.org/wiki/Universal_Serial_Bus

ONLY for USB 3.0.

I have quite old computer so no USB 3.0 but if neccessary I'll add it in form of PCI card or something similar - just make 2x Avalon chips USB stick (560+ MHashes) and let
users do the setting up and other jobs.

Would it be possible to make USB stick that would detect USB version on host computer and switch one of the chips off if USB version is not 3.0?

A solution for you could perhaps be buying a USB 3 expansion card. I'm not sure but I think most of them are PCIE though, so depending on your rigs, you may be losing slots to video cards. There may by PCI usb 3 cards though, haven't checked...

glendall

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Quote from: BkkCoins on May 06, 2013, 01:51:11 PM

Quote from: glendall on May 06, 2013, 12:38:37 PM

I think this is a pretty sweet idea. How feasible is it though? Is this more at the 'hey this a good idea stage' or the 'hey I think I can actually make this it wouldn't be that tough' stage?

I've done the schematic and I'm partially through the board layout now. Maybe tomorrow will have something concrete. But still pending on Avalon docs forthcoming.

Well high-five to you then sir. You have an excellent product on your hand if it all pans out. You should go full steam ahead with this.

Be fantastic to augment mining rigs with some usb asic's.

Hell open up a new company with stocks at BCT-TC to raise funds while your at it, because I'd like to buy in.

Pentel

full member

Activity: 172

Merit: 100

If you can do it mate, I'll buy!

ThatDGuy

hero member

Activity: 728

Merit: 500

Very much interested

Cochese

newbie

Activity: 13

Merit: 0

Definitely interested.

dentldir

sr. member

Activity: 333

Merit: 250

Quite interested.

sneef

member

Activity: 69

Merit: 10

+1 interest

BkkCoins

hero member

Activity: 784

Merit: 1009

firstbits:1MinerQ

Quote from: glendall on May 06, 2013, 12:38:37 PM

I think this is a pretty sweet idea. How feasible is it though? Is this more at the 'hey this a good idea stage' or the 'hey I think I can actually make this it wouldn't be that tough' stage?

I've done the schematic and I'm partially through the board layout now. Maybe tomorrow will have something concrete. But still pending on Avalon docs forthcoming.

mokahless

sr. member

Activity: 471

Merit: 256

Well, I am definitely interested. Please do invest. I'd probably be looking at 10-20 units, assuming a reasonable price as hinted.

glendall

legendary

Activity: 2156

Merit: 1018

Buzz App - Spin wheel, farm rewards

I think this is a pretty sweet idea. How feasible is it though? Is this more at the 'hey this a good idea stage' or the 'hey I think I can actually make this it wouldn't be that tough' stage?

fallinglantern

sr. member

Activity: 260

Merit: 251

I'm also interested. 2 BTC for the BlockErupter is just too rich for my blood.

BitHub

sr. member

Activity: 253

Merit: 250

Very interested. Can you put me down for 10-20btc worth first batch, with more to come, i want to be a distributor of this in a few markets, SE/ASIA.

I to am an asicminer shareholder and yeah cant even get an email back to help them as a reseller. I give up.

bitcoiner49er

sr. member

Activity: 457

Merit: 250

USB ASIC Stick for $20-50?! I'm IN!! (-terested)

turtle83

sr. member

Activity: 322

Merit: 250

Supersonic

Quote from: Syke on May 06, 2013, 11:03:03 AM

Quote from: BkkCoins on May 06, 2013, 09:54:44 AM

Quote from: ?? on ??

Max. voltage 5.00±0.25 V (pre-3.0); 5.00+0.25-0.55 V (USB 3.0)
Max. current 500–900 mA (general); 5 A (charging devices)

http://en.wikipedia.org/wiki/Universal_Serial_Bus

ONLY for USB 3.0.

USB 3 would be fine. Even my laptops have USB 3.

Is using a hub that can provide 1 amp and running the whole thing in USB 2 asking for trouble?

Topic: Klondike 1 Avalon Asic chip Mini USB miner - page 21. (Read 70652 times)