Author

Topic: Older Block Erupter: what can it mine? (Read 1824 times)

full member
Activity: 126
Merit: 100
January 09, 2014, 03:47:41 PM
#14
A quick update on my progress:

I bought a Raspberry Pi starter kit, with a case, power supply and so on, and it's now shipped. It should arrive in a few days!

I'm pretty excited. Smiley
member
Activity: 112
Merit: 10
January 06, 2014, 02:20:13 PM
#13

I'd probably also want to get a Raspberry Pi to plug the BE into, so it can run 24/7 without having to keep my main laptop open and running.


Yes, mandatory to don't waste all mining reward for electricity !
full member
Activity: 126
Merit: 100
January 06, 2014, 01:58:13 PM
#12
Thanks for the awesome ideas, guys!

I think that there is definitely some good altcoins that can be mined with a BE. I'm starting to think that it would be a good investment.

I'd probably also want to get a Raspberry Pi to plug the BE into, so it can run 24/7 without having to keep my main laptop open and running.

I'll let you all know how it goes.

Thanks for your help!
member
Activity: 112
Merit: 10
January 06, 2014, 12:15:45 PM
#11
I suggest GlobeCoin (GLB), it is a promising coin, difficulty is still low enough to mine with BEs. Suggested pool: glb.supnova.cc. Enjoy.
newbie
Activity: 42
Merit: 0
January 06, 2014, 11:51:38 AM
#10
The only thing you should mine with older asics is Unobtanium

I think it is an attractive substance to elite miners who value difficulty and ultra rarity. I have tried to cash the few I have in, but if you actually mine Un it's hard to give up. It's also really low volume, and I think this keeps the price stable. One of my all time favorite alts.
full member
Activity: 126
Merit: 100
January 06, 2014, 10:07:06 AM
#9
A Block-Erupter-Only coin sounds good to me. I'll follow the recent trend with altcoin launches and demonstrate my total ignorance of the altcoin scene by picking a three-letter code that's already taken.

ANNOUNCING: Block-Erupter Treasure Coin or BTC

The new coin that can only be mined with a Block Erupter!!!!
sr. member
Activity: 280
Merit: 250
January 05, 2014, 11:01:25 PM
#8
Time for Block Eruptor Coin!  Only mine-able with BEs.

You mean MediterraneanCoin?
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
January 05, 2014, 10:59:49 PM
#7
Time for Block Eruptor Coin!  Only mine-able with BEs.
full member
Activity: 126
Merit: 100
January 05, 2014, 10:54:49 PM
#6
but guess what u dont win the lottery id u dont play.
well, i earnestly hope you win soon, becuase statistically speaking, you're more likely to be hit by lightning while travelling to claim your prize, and i want you to have as much time to enjoy it as possible. 


I definitely agree that using a Block Erupter to mine bitcoin isn't going to bear fruit. But surely someone else must have a Block Erupter here in this forum. Or even a similar cheap ASIC device? Is everyone just keeping quiet because you don't want to reveal your secret ASIC coin that you think is going to go up a lot really soon?
sr. member
Activity: 420
Merit: 263
let's make a deal.
January 05, 2014, 12:02:32 AM
#5
but guess what u dont win the lottery id u dont play.
well, i earnestly hope you win soon, becuase statistically speaking, you're more likely to be hit by lightning while travelling to claim your prize, and i want you to have as much time to enjoy it as possible. 

full member
Activity: 126
Merit: 100
January 04, 2014, 11:24:35 PM
#4
On coinwarz.com, there are 16 types of coin available, and all of them yield negative profitability. They don't seem like very attractive targets for mining (except possibly FireFly Coin, which I could mine about a hundred per day). Those 16 coins seem to be pretty major and pretty well-known. Does anyone have any experience with more obscure coins?

What about AsicCoin? GlobeCoin? ChocoCoin? ButterflyCoin? BountyCoin? There was even a recent post about MED with a hybrid Sha256Scrypt algorithm.

Maybe it might still be possible to get a few hundred of those per day with a Block Erupter?
sr. member
Activity: 252
Merit: 250
January 04, 2014, 11:12:51 PM
#3
additionaly gotohttp://www.coinwarz.com/cryptocurrency put 333 in the speed and select sha 256 click calculate and that will tell u how many coins u will get etc
sr. member
Activity: 252
Merit: 250
January 04, 2014, 11:10:49 PM
#2
i am actually goin to buy some heap minees and solo bitcoin

why

well i like to gamble this is just that i might find a block minutes into mining i might never but guess what u dont win the lottery id u dont play.

full member
Activity: 126
Merit: 100
January 04, 2014, 10:54:14 PM
#1
I was looking at the older USB Block Erupters on Amazon. They're really cheap now (about $30-40), but all the reviews state that it's impossible to pay-back the initial investment by mining bitcoin. So I was wondering, are there any altcoins that can be mined with one of those? Or are they all too high in difficulty to possibly make it worthwhile?

I don't have a lot of money to spend, so I probably wouldn't want to build a $2000 scrypt rig or buy a $5000 ASIC machine, but I think I could easily get 1 or 2 of these cheap Block Erupters. I wouldn't be doing it for immediate profit. I'd rather just mine a few 100k of a variety of altcoins and hang on to them, to see if they become worthwhile maybe 5 or 10 years down the road.
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