Author

Topic: Small UK group buy Block Erupter USB @ 1.99 BTC + taxes/duty & postage (Read 2791 times)

newbie
Activity: 51
Merit: 0
Yea, I just did, did some of my own calculations and realised it's utterly pointless Smiley

I love the idea of a super low power usb miner, but at 300 mhash's and that price it is pointless.
sr. member
Activity: 336
Merit: 250
Time for Plan ฿
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.

I would love to help you, but unfortunately you will never mine 4 BTC with the unit... Read my post above.
sr. member
Activity: 336
Merit: 250
Time for Plan ฿
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?

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 Smiley

(Please anybody correct me if I'm wrong!)
member
Activity: 88
Merit: 10
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
sr. member
Activity: 294
Merit: 250
You are a geek if you are too early to the party!
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?

newbie
Activity: 51
Merit: 0
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.
newbie
Activity: 37
Merit: 0
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..
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
Sounds good, I'll be filling out an order form.
vip
Activity: 756
Merit: 504
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.
member
Activity: 91
Merit: 10
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
hero member
Activity: 826
Merit: 1000
UK only? Or is it possible to get it to Slovenia? Is part BTC part paypal possible?
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
I was attempting a small buy too, but you're price is much better- plus very little hassle for me Smiley I'd be interested in one.
member
Activity: 91
Merit: 10
20% of cost, depending on what freidcat declares as price
newbie
Activity: 56
Merit: 0
What do the taxes come to?
member
Activity: 91
Merit: 10
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
hero member
Activity: 574
Merit: 500
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  Smiley

Ok thanks, I'm still in for 1 Stück (as the German group buy called them - which has Stück in my head)
member
Activity: 91
Merit: 10
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  Smiley
hero member
Activity: 574
Merit: 500
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...
member
Activity: 91
Merit: 10
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.
legendary
Activity: 1092
Merit: 1001
Touchdown
hero member
Activity: 574
Merit: 500
member
Activity: 91
Merit: 10
Someone has stated they also would be interested in 20 units so just need another 9 units and I will put an order in with friedcat.
sr. member
Activity: 336
Merit: 250
Time for Plan ฿
I might be interested in another one but we need to move fast.
member
Activity: 91
Merit: 10
Hello it seems that all the group buys are now closed so I want to start a small group buy for anyone in the UK who is still interested in buying a Block Erupter USB.

The minimum order has been cut down to 50, I would like to buy 20 units so I need to find people to cover the other 30 if anyone is interested let me know.

pricing @ 1.99 per unit, we will work out taxes/duty + postage per unit and equally split the cost between us

If there is any interest please let me know.
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