I believe as people get more educated, the less they spent on too expensive USB miners.
There are people designing it, I decided not to (specifically) - but there still may be option to connect 10G hash miner through USB,
or place less chips ... who knows ..
more here : https://bitcointalksearch.org/topic/new-asic-10-giga-hash-sec-bitcoin-miner-anybody-interested-265480
Topic: NEW ASIC 2 Giga hash / sec USB miner - anybody interested ? (Read 6562 times)
There is a very large market for USB miners. But not necessarily on this forum. A ton of people would like to dabble in this at a reasonable cost. Must of us spend a lot more money and time, but I don't think that is the norm. Plus, interest in BTC is growing consistently. A lot of people would like an inexpensive way to get started.
Additionally, a lot of people do not have the patience or time to follow the forum for products that are made available. As we all know, if you don't place an order quick they are sold out. This is one of the reasons the Erupters have been so successful. Sure most would like a bigger miner. But who knows when (or if) it will arrive. In the meantime, you have these little deals and you can get them in one to two days AND they are cheaper than GPU's.
I don't think the demand for these is going to go away any time soon. Especially if you or someone else can increase the hash.
Additionally, a lot of people do not have the patience or time to follow the forum for products that are made available. As we all know, if you don't place an order quick they are sold out. This is one of the reasons the Erupters have been so successful. Sure most would like a bigger miner. But who knows when (or if) it will arrive. In the meantime, you have these little deals and you can get them in one to two days AND they are cheaper than GPU's.
I don't think the demand for these is going to go away any time soon. Especially if you or someone else can increase the hash.
Even block erupters at .3GH/s can make an ROI if the price is low enough. 2GH/s is no exception, ROI is all about price per GH/s.
Yeah but more block erupters = more usb hubs = more power = more time spending on setting them up to work properly = more time spending making sure everything works, etc.
I think USB devices have value in their portability/friendliness
I wouldn't setup a farm with them.. I'd use bigger hardware for that. But I'd throw one in an otherwise idle usb port.. and I'd give one to a few friends to teach them about bitcoin... and I'd sell a couple to further spread the community and peoples involvement (and to recover some of what i lost in giving those other few away)
That coupled with the fact that they were the first "truly available" asic, is what made the asicminer usb's such a big seller.
So IMO, a 2GH device would sell just fine. Of course a 10GH will always sell better... but just look at how many 0.3GH devices are *STILL* selling. Make any USB unit greater than that speed, and all of those same people will want your unit as the next natural progression to what they've got (for example, replace ur 0.3g with a 2g then give ur old unit to a non-btc friend - or just run both)
Even block erupters at .3GH/s can make an ROI if the price is low enough. 2GH/s is no exception, ROI is all about price per GH/s.
Yeah but more block erupters = more usb hubs = more power = more time spending on setting them up to work properly = more time spending making sure everything works, etc.
actually I'm dropping my "interested price point" down to 35$/GHs with an "automatic decrease" of 5$ every two weeks - a GH will be worth less and less in the next months, so if the 2GH Sticks would be available for 100$ in September there won't be any ROI possible (if there is no huge increase in bitcoin price compared to the diff rise), if you are looking for ROI.
If you don't care, 100$ for 2 GH/s is nice, but it will not be interesting to many if the price point is set above 60-70$ by the time of release.
If you don't care, 100$ for 2 GH/s is nice, but it will not be interesting to many if the price point is set above 60-70$ by the time of release.
+1
Even block erupters at .3GH/s can make an ROI if the price is low enough. 2GH/s is no exception, ROI is all about price per GH/s.
Whatever the price I think it should be in BTC. The larger devices carry more risk so it's important to have a payment that's protected and refundable. The smaller devices need to support the Bitcoin economy and should assist it in boosting it's liquidity and therefore assist in increasing the overall BTC price as there will be a greater frequency of small purchases. 
The most important thing is to stay competitive and help spreading mining power around the world.
You may include few GBytes of storage then
Hi everybody, thanks for interesting ideas and numbers.
Tt seems that USB miner is not going to happen because high difficulty will punish small devices.
Nevertheless - it might still be interesting to have another small mining device - around 10 Ghash per sec.
The most important thing is to stay competitive and help spreading mining power around the world.
Necessary equipment should be ready soon,
see updates here in the new thread:
https://bitcointalksearch.org/topic/new-asic-10-giga-hash-sec-bitcoin-miner-anybody-interested-265480
http://mining.thegenesisblock.com/
just check here and see what price you would be willing to pay. play with the numbers for estimated diff. & price increase per month
just check here and see what price you would be willing to pay. play with the numbers for estimated diff. & price increase per month
That still doesn't answer my question.
Playing with the numbers or not, you asked my why 2BTC and I've answered it was a ceiling.
I asked you how much would you pay for, and you point me to a mining calculator.
Would you please answer how much would you pay for, then?
then you should read my other post again.
actually I'm dropping my "interested price point" down to 35$/GHs with an "automatic decrease" of 5$ every two weeks
This makes it about 0.7 BTC per Stick. If exchange rate rises a bit more, if difficulty rises slower, a bit more. But right now, 70$ per Stick
http://mining.thegenesisblock.com/
just check here and see what price you would be willing to pay. play with the numbers for estimated diff. & price increase per month
just check here and see what price you would be willing to pay. play with the numbers for estimated diff. & price increase per month
That still doesn't answer my question.
Playing with the numbers or not, you asked my why 2BTC and I've answered it was a ceiling.
I asked you how much would you pay for, and you point me to a mining calculator.
Would you please answer how much would you pay for, then?
I see 2 reasons to buy: novelty and profitability. For me, a USB miner is made for novelty, so i would find a 75% return of costs to be sufficient to be 'satisfied' and have a cool physical peice of hardware. But the asic design to have 10 chips will/should never cost 5x the cost of 2 chips, because of hardware redundancy and basic production costs being cut away.
right now, I am willing to go 0.9BTC/Ghash. In a month I would expect 0.5BTC/Ghash. In 2 months, 0.35BTC
http://mining.thegenesisblock.com/
just check here and see what price you would be willing to pay. play with the numbers for estimated diff. & price increase per month
just check here and see what price you would be willing to pay. play with the numbers for estimated diff. & price increase per month
That still doesn't answer my question.
Playing with the numbers or not, you asked my why 2BTC and I've answered it was a ceiling.
I asked you how much would you pay for, and you point me to a mining calculator.
Would you please answer how much would you pay for, then?
http://mining.thegenesisblock.com/
just check here and see what price you would be willing to pay. play with the numbers for estimated diff. & price increase per month
just check here and see what price you would be willing to pay. play with the numbers for estimated diff. & price increase per month
I'd buy for about 2BTC at current price.
May I ask why 2 BTC? You will most likely not get those back
What price would you propose, then?
Less than this, I'd be definitively interested.
2BTC would be the ceiling.
I'd buy for about 2BTC at current price.
May I ask why 2 BTC? You will most likely not get those back
I'd buy for about 2BTC at current price.
Don't forget that the Jalapeño was initially for $145 for 4.5Gh/s.
Don't forget that the Jalapeño was initially for $145 for 4.5Gh/s.
actually I'm dropping my "interested price point" down to 35$/GHs with an "automatic decrease" of 5$ every two weeks - a GH will be worth less and less in the next months, so if the 2GH Sticks would be available for 100$ in September there won't be any ROI possible (if there is no huge increase in bitcoin price compared to the diff rise), if you are looking for ROI.
If you don't care, 100$ for 2 GH/s is nice, but it will not be interesting to many if the price point is set above 60-70$ by the time of release.
If you don't care, 100$ for 2 GH/s is nice, but it will not be interesting to many if the price point is set above 60-70$ by the time of release.
Interested as well
Also interested 
waiting the products.
waiting the products. 
2Gh/s and 2.5 W? If you can ship in september, max 5 BTC from me
You can make it auction-based sell for ready to ship products
You can make it auction-based sell for ready to ship products
I'd be interested at $50/GH definitely
me too.
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