Topic: Thinking about buying a USB Miner, Help? (Read 1393 times)
You guys have any used cheap USB Miner?
and guys, what coins can i mine with USB Miner?
PPC and TRC comes to my mind for example. Just google sha 256 alt coins.
I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
What do you mean?SHA256 is the algo bitcoin and a few altcoins use.. its what the ASIC calculates essentially. I have a USB Block erupter if you are interested in buying a miner
How much?
and guys, what coins can i mine with USB Miner?
go for used usb asics as they work good and will eb cheaper. also cheak ebay esp other coutnries than just .com and co.uk ie here is cheap: http://www.ebay.pl/itm/111221625264?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
Even if this costs only 9.70 USD and uses only 2.5W power it's still not profitable. You can calculate this here: http://bitcoinwisdom.com/bitcoin/calculator
You need something like this to mine Bitcoins 40Gh/s for $622/€461...
http://technobit.eu/index.php?id_product=52&controller=product&id_lang=1
It will mine about 1BTC per month currently meaning it should pay for itself within about a month then the rest is profit.
It uses about 50w of electricity so should stay above the cost of energy for quite some time.
http://technobit.eu/index.php?id_product=52&controller=product&id_lang=1
It will mine about 1BTC per month currently meaning it should pay for itself within about a month then the rest is profit.
It uses about 50w of electricity so should stay above the cost of energy for quite some time.
I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
What do you mean?I mean that you can't mine Litecoins for example, with those usb because they use a different hashing algorithm (scypt)
I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
What do you mean?SHA256 is the algo bitcoin and a few altcoins use.. its what the ASIC calculates essentially. I have a USB Block erupter if you are interested in buying a miner
I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
What do you mean? Ok guys, choose the crypto is the easy part, but i need some help.
I really want to buy a USB Miner, but for me is just go to ebay, purchase one, stick it in the Desktop USB Drive and start mining.
But i think it is not this way, so i ask you guys for help please, i will even pay a bounty [dont be greedy
] if you really help me ! 
I really want to buy a USB Miner, but for me is just go to ebay, purchase one, stick it in the Desktop USB Drive and start mining.
But i think it is not this way, so i ask you guys for help please, i will even pay a bounty [dont be greedy
] if you really help me ! Just do what some of the posters above recommended. Google the mining calculators, they will give you a very good start. I'm also a newbie, you must account for the bump ups in difficulty. As it is right now, the ROI (return on investment) will be a long time.
If you just gotta have one of the USB ones, buy it, but don't expect to make money with it.
I wasn't planning on getting into mining. I started with one Erupter, then ordered 5 more. Currently, they're mining in a D-Link hub attached to my OS X laptop. I don't think you'll realistically turn a profit. I bought bitcoin on Coinbase when it was $200, and sold three today at $750 a piece. If you're looking to profit, buy a coin with fiat. As bitcoin becomes more "mainstreamed" it'll level out. It's a currency, not a stock or other investment.
I 'm not sure if this is obvious to everyone here but you can only mine sha-256 alt coins with usb miners.
go for used usb asics as they work good and will eb cheaper. also cheak ebay esp other coutnries than just .com and co.uk ie here is cheap: http://www.ebay.pl/itm/111221625264?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
Bump :3
Ok guys, choose the crypto is the easy part, but i need some help.
I really want to buy a USB Miner, but for me is just go to ebay, purchase one, stick it in the Desktop USB Drive and start mining.
But i think it is not this way, so i ask you guys for help please, i will even pay a bounty [dont be greedy] if you really help me !
I really want to buy a USB Miner, but for me is just go to ebay, purchase one, stick it in the Desktop USB Drive and start mining.
But i think it is not this way, so i ask you guys for help please, i will even pay a bounty [dont be greedy
] if you really help me !
I agree with previous posts that mining bitcoins is tricky. Even if you are ready to put down some serious cash, it is a toss up how soon your miner will be obsolete.
I would choose one of the alternate CPU or GPU mined cryptos and go after those. Some of the nicer GPUs hold their value pretty well (50%) after a couple years of mining.
I would choose one of the alternate CPU or GPU mined cryptos and go after those. Some of the nicer GPUs hold their value pretty well (50%) after a couple years of mining.
Red/Blue/Nano-Fury (2 - 2.5 GH/s)
this one is good, better than bfl 5gb version, I am looking for this set or buy a contract.
contact is more profitable, usb version is safer.
this one is good, better than bfl 5gb version, I am looking for this set or buy a contract.
contact is more profitable, usb version is safer.
Is it profitable to mine Peercoin?
I don't know if it's profitable or not. But to give you an idea, I have three of them running in a pool now and get a little less than about .5 PPC per day. Today they are worth $1.20.
I don't know if USB miner is worth it anymore. Have any of you tried cloud mining?
There are several USB miners now: Block Erupter (336 MH/s) and Red/Blue/Nano-Fury (2 - 2.5 GH/s). They are profitable if you don't pay too much for them.
Cloud mining is a money loser at the current prices.
This can help you decide which coin to mine: http://wheretomine.com/
No, please explain, im new around here :3
I don't know if USB miner is worth it anymore. Have any of you tried cloud mining?
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