I love the idea of a super low power usb miner, but at 300 mhash's and that price it is pointless.
Topic: Small UK group buy Block Erupter USB @ 1.99 BTC + taxes/duty & postage (Read 2579 times)
May 31, 2013, 11:54:13 AM
Yea, I just did, did some of my own calculations and realised it's utterly pointless
I love the idea of a super low power usb miner, but at 300 mhash's and that price it is pointless.
I love the idea of a super low power usb miner, but at 300 mhash's and that price it is pointless.
May 31, 2013, 11:43:06 AM
If anyone is willing to loan me, I'd pay back the first 4 BTC I make per unit. So for each unit you earn 2 BTC back.
It's quite a hefty amount to loan I know but if anyone would consider it pm me and we can talk about it.
It's quite a hefty amount to loan I know but if anyone would consider it pm me and we can talk about it.
I would love to help you, but unfortunately you will never mine 4 BTC with the unit... Read my post above.
May 31, 2013, 11:41:57 AM
I am interested if there are any left, but what is the ROI on this and over what period of time if I only buy 1?
Anywhere I can find this info?
Anywhere I can find this info?
According to my numbers at the current difficulty and 300 MH/s it will make ~0.013 BTC per week.
-- At a very moderate 5% difficulty increase per retargetting interval (every ~12 days) you will make ROI by the end of April 2014
-- However, change that to 8% (which is much more likely) and you will make ROI in the beginning of June 2016.
This is more of a hobby mining device, you will not make any money with it
(Please anybody correct me if I'm wrong!)
May 31, 2013, 11:34:12 AM
You can read this thread where some people have run the numbers https://bitcointalk.org/index.php?topic=195004.20
Basically theres a chance it will never be profitable at the current price, and in the best case you are probably looking at around a year to make your money back. Personally I would avoid them like the plague
Basically theres a chance it will never be profitable at the current price, and in the best case you are probably looking at around a year to make your money back. Personally I would avoid them like the plague
May 31, 2013, 11:28:02 AM
I am interested if there are any left, but what is the ROI on this and over what period of time if I only buy 1?
Anywhere I can find this info?
Anywhere I can find this info?
May 31, 2013, 11:22:35 AM
If anyone is willing to loan me, I'd pay back the first 4 BTC I make per unit. So for each unit you earn 2 BTC back.
It's quite a hefty amount to loan I know but if anyone would consider it pm me and we can talk about it.
It's quite a hefty amount to loan I know but if anyone would consider it pm me and we can talk about it.
May 31, 2013, 10:31:15 AM
Would you cover Ireland? Shipping can be sorted out via NI Address which should make it manageable for postage..
If yes, put me down for 1 unit..
If yes, put me down for 1 unit..
May 31, 2013, 08:10:44 AM
Sounds good, I'll be filling out an order form.
May 30, 2013, 10:33:25 AM
Lads and lassies,
If you are really interested to acquire the product, join forces with me. My Trader's Book is closed but I am sill open for negotiations. I have the whole trade going on with everything in place to order and deliver the product. I am the only trader offering alternative payment methods, custom support and open accounting.
If there is any interested buyer ready to pay for a pre-order, just fill this form:
https://sites.google.com/site/groupbuyuktrader/pre-order-form
I have 28 or more units available to order a second batch.
Ajay, I am more than happy to take your 20 units pre-order if you are ready to pay.
If you are really interested to acquire the product, join forces with me. My Trader's Book is closed but I am sill open for negotiations. I have the whole trade going on with everything in place to order and deliver the product. I am the only trader offering alternative payment methods, custom support and open accounting.
If there is any interested buyer ready to pay for a pre-order, just fill this form:
https://sites.google.com/site/groupbuyuktrader/pre-order-form
I have 28 or more units available to order a second batch.
Ajay, I am more than happy to take your 20 units pre-order if you are ready to pay.
May 30, 2013, 10:15:11 AM
UK only? Or is it possible to get it to Slovenia? Is part BTC part paypal possible?
Yes UK only as this would make things a lot easier for me postage wise, and payments would be in BTC only
May 30, 2013, 10:01:59 AM
UK only? Or is it possible to get it to Slovenia? Is part BTC part paypal possible?
May 30, 2013, 08:11:07 AM
I was attempting a small buy too, but you're price is much better- plus very little hassle for me I'd be interested in one.
I'd be interested in one. May 30, 2013, 07:37:59 AM
20% of cost, depending on what freidcat declares as price
May 30, 2013, 07:17:40 AM
What do the taxes come to?
May 30, 2013, 07:09:40 AM
we have interest in 19 so far as the other guy has decided he only wants 15 units
11 more to go people come on guys
11 more to go people come on guys
May 29, 2013, 08:02:56 PM
None taken I'm more then happy to use an escrow if we are able to (not sue how it will wok as we need to pay friedcat direct), I have done deals with people on the forum for over 250BTC including Friedcat, so I'm sure I can get a couple of vouches, I'm based in London I don't have a problem with you picking your order up up, I can verify my identity/address with a mod if you guys like
Ok thanks, I'm still in for 1 Stück (as the German group buy called them - which has Stück in my head)
May 29, 2013, 08:00:51 PM
None taken I'm more then happy to use an escrow if we are able to (not sue how it will wok as we need to pay friedcat direct), I have done deals with people on the forum for over 250BTC including Friedcat, so I'm sure I can get a couple of vouches, I'm based in London I don't have a problem with you picking your order up up, I can verify my identity/address with a mod if you guys like
May 29, 2013, 07:54:46 PM
No offense Ajay, but seeing you are new to the forums can we do escrow or some shit like that - where are you based in the UK - could I pick up?. If you are genuine then I doubt you will need this other guys 20 sticks...
May 29, 2013, 07:46:07 PM
Okay so that's 44 as long as the other guy is 100% about the other 20, if he is then I think it will be better to split the duty/tax charges equally amongst each other according to how ever many units per person.
May 29, 2013, 07:39:01 PM
I'll take 2.
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