Topic: Should I buy a USB miner? I get free electricity... (Read 2346 times)
I am not an expert in mining, but I believe the electricity cost is a bigger factor in altcoin mining (like scrypt-n or scrypt-jane) than in bitcoin mining.
or else find someone who want to co locate their mining rigs to your home 
but you can only do that if you have a literally "free electricity"
but you can only do that if you have a literally "free electricity" Haha, I don't think his parents would enjoy having weird nerdy strangers in their house.
And that would definitely result in a huge electricity bill.
im greatful cause my mama is believing on crypto currencies future
we have 3 s1 unit in my house and its from uk that im currently hosting at the moment we have a free electricity so its gonna be ok for them only my dad is the one who think its illegal lolThat's some awesome parenting right there!
Show to your dad the interview with the ebay guy, that way he'll see famous "respectable" businesses want in
he is just thinking that way cause he is not familiar with btc and stuff but he just let me do the mining and see that i recieve a payout from the owner of the rigs then he doesn't care any more well maybe as long as there is no cops knocking at my door then he will think its legal or else he will be freaked out as he have an MJ sitting on the fridge
or else find someone who want to co locate their mining rigs to your home but you can only do that if you have a literally "free electricity"
but you can only do that if you have a literally "free electricity" Haha, I don't think his parents would enjoy having weird nerdy strangers in their house.
And that would definitely result in a huge electricity bill.
im greatful cause my mama is believing on crypto currencies future
we have 3 s1 unit in my house and its from uk that im currently hosting at the moment we have a free electricity so its gonna be ok for them only my dad is the one who think its illegal lolThat's some awesome parenting right there!
Show to your dad the interview with the ebay guy, that way he'll see famous "respectable" businesses want in
or else find someone who want to co locate their mining rigs to your home but you can only do that if you have a literally "free electricity"
but you can only do that if you have a literally "free electricity" Haha, I don't think his parents would enjoy having weird nerdy strangers in their house.
And that would definitely result in a huge electricity bill.
im greatful cause my mama is believing on crypto currencies future
we have 3 s1 unit in my house and its from uk that im currently hosting at the moment we have a free electricity so its gonna be ok for them only my dad is the one who think its illegal lolKinda it is. U dont pay tax for ur profit
. LOL . Fuck taxes and legal stuff banks and everything . I wonder where are all those usb miners that nobody use anymore . And why price of them is so high when nobody smart enough would buy one?
yeah i agree goverment here is not fair to their people a lot of stealing has been done for the past 10 years and the people are here are already full of it
those USB miner are on ebay i guess
but i assume that nobody wants it because of their low GHS but some of them are profitable if you dont pay electricity and when you buy it locally so you dont need to pay for the tax and stuff 
or else find someone who want to co locate their mining rigs to your home but you can only do that if you have a literally "free electricity"
but you can only do that if you have a literally "free electricity" Haha, I don't think his parents would enjoy having weird nerdy strangers in their house.
And that would definitely result in a huge electricity bill.
im greatful cause my mama is believing on crypto currencies future
we have 3 s1 unit in my house and its from uk that im currently hosting at the moment we have a free electricity so its gonna be ok for them only my dad is the one who think its illegal lolKinda it is. U dont pay tax for ur profit
. LOL . Fuck taxes and legal stuff banks and everything . I wonder where are all those usb miners that nobody use anymore . And why price of them is so high when nobody smart enough would buy one?
or else find someone who want to co locate their mining rigs to your home but you can only do that if you have a literally "free electricity"
but you can only do that if you have a literally "free electricity" Haha, I don't think his parents would enjoy having weird nerdy strangers in their house.
And that would definitely result in a huge electricity bill.
im greatful cause my mama is believing on crypto currencies future
we have 3 s1 unit in my house and its from uk that im currently hosting at the moment we have a free electricity so its gonna be ok for them only my dad is the one who think its illegal lol or else find someone who want to co locate their mining rigs to your home but you can only do that if you have a literally "free electricity"
but you can only do that if you have a literally "free electricity" Haha, I don't think his parents would enjoy having weird nerdy strangers in their house.
And that would definitely result in a huge electricity bill.
LOL, why u assume everybody in bitcoin / mining is "weird and nerdy"
? or else find someone who want to co locate their mining rigs to your home but you can only do that if you have a literally "free electricity"
but you can only do that if you have a literally "free electricity" Haha, I don't think his parents would enjoy having weird nerdy strangers in their house.
And that would definitely result in a huge electricity bill.
or else find someone who want to co locate their mining rigs to your home but you can only do that if you have a literally "free electricity"
but you can only do that if you have a literally "free electricity" 
If you were rocking up with this post in say 2010/2011 then go for it, but there is literally no point now, those miners are fodder.
If the whole story was in 2010 or 2011, then OP would get scammed as there was no USB ASIC at that time lol.
Of course, I know what you meant.
Even excluding the electricity cost, it would take a very long time (or possibly never) to break even with the USB miner.
So IMO, you should buy the miner.
So IMO, you should buy the miner.
if you have a free electricity then i wouldnt you buy something like s1 unit? this is much profitable to you but somehow could be a very big problem to your parents another option is you can give atleast 1/4 part of your money to your parents for running your equipment to your home
In that case, electricity wouldn't be free either, since he is directly paying his parents in response to his use of energy in the house. There's just no way.im trying to say that give atleast 1/4 of the electricity bill to his parent to help them atleast he will not feel guilty by the end of the day
Hard to even ROI, consider buying other ASICs.
If your electricity is free and maximizing your profit potential isn't your goal, the bitcoin network will welcome your support.
if you have a free electricity then i wouldnt you buy something like s1 unit? this is much profitable to you but somehow could be a very big problem to your parents another option is you can give atleast 1/4 part of your money to your parents for running your equipment to your home
In that case, electricity wouldn't be free either, since he is directly paying his parents in response to his use of energy in the house. There's just no way.
if you have a free electricity then i wouldnt you buy something like s1 unit? this is much profitable to you but somehow could be a very big problem to your parents another option is you can give atleast 1/4 part of your money to your parents for running your equipment to your home
That's not free electricity. Either way, you're not going to reach an ROI at any time, really. Better spend your money elsewhere.
Well hanging out in the AM thread if you have some skill you should make a miner instead of buying one.
Get some Gen 3 AM Chips and have a low energy cost with a custom build and your set.
https://bitcointalksearch.org/topic/m.7227862
You can also buy from our customers who are going to produce according to this open source X24 design.
Each board has 24 chips and hashes at 192gh at this setting. So the total is 192*4=768gh. The hash speed
can be got higher or lower according to your voltage.
Get some Gen 3 AM Chips and have a low energy cost with a custom build and your set.
https://bitcointalksearch.org/topic/m.7227862
We had AM_BE200_X24 boards sampled and tested. We also sampled the compatible heatsinks and supporting structures for them. It hashes at 768GH (each board 192GH) with 0.85-0.92W/G (PSU loss excluded). Power draws on higher/lower hashrate with higher/lower voltage is under testing. The design files of heatsinks/structures are going to be released a little later.
It should be emphasized that QUAD and X32 are also sampled and well tested before X24.
It should be emphasized that QUAD and X32 are also sampled and well tested before X24.
My god it's beautiful.
Where do we buy them??
Also how many chips @ 192gh?
You can purchase chips and make this devices of your own.Where do we buy them??
Also how many chips @ 192gh?
You can also buy from our customers who are going to produce according to this open source X24 design.
Each board has 24 chips and hashes at 192gh at this setting. So the total is 192*4=768gh. The hash speed
can be got higher or lower according to your voltage.
you will make nothing...
honestly you would make more busking in the street or asking people for $1
not being mean.. just being honest. maybe if you had several 1000 that would be a different story.
honestly you would make more busking in the street or asking people for $1
not being mean.. just being honest. maybe if you had several 1000 that would be a different story.
USB miner's are for the most part low profit, do your own math.
It's not truly free power in your case... your parents will see the bills. Depending on budget you look into bigger miner's and run ROI. Might ask parents about it before running a 1k watt BTC miner. It will cost more but A2's on scrypt have very low watts used compared to most other miners out. Also there is a SilverFish miner you will be able to get soon that looks very promising with a little more electricity used.
It's not truly free power in your case... your parents will see the bills. Depending on budget you look into bigger miner's and run ROI. Might ask parents about it before running a 1k watt BTC miner. It will cost more but A2's on scrypt have very low watts used compared to most other miners out. Also there is a SilverFish miner you will be able to get soon that looks very promising with a little more electricity used.
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