USA/Canada [Group Buy #4 @680/50] ASICMiner Erupter USB 2.04236 each @ 5 units - page 5.

MikeMike

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Quote from: ralphte on June 05, 2013, 08:55:42 AM

Value is the biggest idea people care not to mention when it comes to mining bitcoins. I have read so much about difficulty increase with ASIC and how there not going to be profitable. But the math is not static. You can make predictions on ROI with difficulty and current value but the potential value for the Bitcoin could be through the roof and make the coins you got from your USB miner very profitable even if it is very few. The power consumption is so low you have only Bitcoins to gain. The USB ASIC makes it so easy to mine. At the end of the day you can run them forever and still make something. Even if a very small %. They are over priced but take a look at what they re going for a ebay! Makes the bitcoin price look good. Anyways just my 2 cents.

Plus- It's a really "______________" to do...because "____________________"!!!

ftping

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200 OK

Quote from: ralphte on June 05, 2013, 08:55:42 AM

Value is the biggest idea people care not to mention when it comes to mining bitcoins. I have read so much about difficulty increase with ASIC and how there not going to be profitable. But the math is not static. You can make predictions on ROI with difficulty and current value but the potential value for the Bitcoin could be through the roof and make the coins you got from your USB miner very profitable even if it is very few. The power consumption is so low you have only Bitcoins to gain. The USB ASIC makes it so easy to mine. At the end of the day you can run them forever and still make something. Even if a very small %. They are over priced but take a look at what they re going for a ebay! Makes the bitcoin price look good. Anyways just my 2 cents.

I think you mean your 2 satoshis.

ralphte

newbie

Activity: 13

Merit: 0

Value is the biggest idea people care not to mention when it comes to mining bitcoins. I have read so much about difficulty increase with ASIC and how there not going to be profitable. But the math is not static. You can make predictions on ROI with difficulty and current value but the potential value for the Bitcoin could be through the roof and make the coins you got from your USB miner very profitable even if it is very few. The power consumption is so low you have only Bitcoins to gain. The USB ASIC makes it so easy to mine. At the end of the day you can run them forever and still make something. Even if a very small %. They are over priced but take a look at what they re going for a ebay! Makes the bitcoin price look good. Anyways just my 2 cents.

MikeMike

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Quote from: Rounder on June 05, 2013, 07:31:14 AM

Quote from: os2sam on June 05, 2013, 07:10:30 AM

Quote from: drlukacs on June 05, 2013, 06:42:34 AM

Can you guys explain to me why you are buying these devices, which have no other value but for mining of BTC?

I just do not see how these would be profitable given the current growth of the difficulty.

They are readily available and they work.

They are also silent and efficient.

I've wanted to mine for a while, but was turned off by the power requirements of GPU mining. I like having a source of bitcoins that isn't dependent on exchanges.

BINGO!

Rounder

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Quote from: os2sam on June 05, 2013, 07:10:30 AM

Quote from: drlukacs on June 05, 2013, 06:42:34 AM

Can you guys explain to me why you are buying these devices, which have no other value but for mining of BTC?

I just do not see how these would be profitable given the current growth of the difficulty.

They are readily available and they work.

They are also silent and efficient.

I've wanted to mine for a while, but was turned off by the power requirements of GPU mining. I like having a source of bitcoins that isn't dependent on exchanges.

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: drlukacs on June 05, 2013, 06:42:34 AM

Can you guys explain to me why you are buying these devices, which have no other value but for mining of BTC?

I just do not see how these would be profitable given the current growth of the difficulty.

They are readily available and they work.

MikeMike

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Quote from: drlukacs on June 05, 2013, 06:42:34 AM

Can you guys explain to me why you are buying these devices, which have no other value but for mining of BTC?

I just do not see how these would be profitable given the current growth of the difficulty.

One factor most do not take into account is Bitcoin has the potential of increasing in value into the Thousands of Dollars per 1- BTC.

drlukacs

sr. member

Activity: 854

Merit: 253

l0tt0.com

Can you guys explain to me why you are buying these devices, which have no other value but for mining of BTC?

I just do not see how these would be profitable given the current growth of the difficulty.

CanaryInTheMine

donator

Activity: 2352

Merit: 1060

between a rock and a block!

done with group 1, 2 and 3.

off to bed.

when I wake up, group 4 will get cleaned up to reflect any errors and ommisions. I do have your posts and PMs about those. will address everything.

CanaryInTheMine

donator

Activity: 2352

Merit: 1060

between a rock and a block!

Quote from: Splirow on June 05, 2013, 12:14:29 AM

So the real question here is....

WHEN IS GROUP BUY 5 STARTING???!!!!

LOL

SOON!!! get those funds ready...

mr.n00blar

member

Activity: 92

Merit: 10

Quote from: Splirow on June 05, 2013, 12:14:29 AM

So the real question here is....

WHEN IS GROUP BUY 5 STARTING???!!!!

LOL

That is a good question lol.. The better question is that since he has sold over 10% of all units...when will more be made?

Splirow

full member

Activity: 164

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So the real question here is....

WHEN IS GROUP BUY 5 STARTING???!!!!

LOL

MikeMike

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Quote from: CanaryInTheMine on June 04, 2013, 11:01:14 PM

no updates yet folks. other than having paid friedcat, today is finishing up for me by completing shipping notifications on group 3.
after that, I will update group 4 stats and order list... we have a cpl days till group 4 gets here...

I have to say though, that the quality of signed messages has gone through the roof and I'm a happy camper with verification now
Thank you!!!

I have also gotten my shipping down packed now and have changed how I manage info internally here as well. things are much more streamlined wrt to getting your info onto printed labels and boxes to ship. my shipping times are now getting shorter and the amount of time spent at fedex and USPS has decreased significantly... that means more sleep for me

Necessity is the Mother of Invention!

CanaryInTheMine

donator

Activity: 2352

Merit: 1060

between a rock and a block!

no updates yet folks. other than having paid friedcat, today is finishing up for me by completing shipping notifications on group 3.
after that, I will update group 4 stats and order list... we have a cpl days till group 4 gets here...

I have to say though, that the quality of signed messages has gone through the roof and I'm a happy camper with verification now
Thank you!!!

I have also gotten my shipping down packed now and have changed how I manage info internally here as well. things are much more streamlined wrt to getting your info onto printed labels and boxes to ship. my shipping times are now getting shorter and the amount of time spent at fedex and USPS has decreased significantly... that means more sleep for me

mr.n00blar

member

Activity: 92

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Canary, did you get my PM? Am I all set?

mdude77

legendary

Activity: 1540

Merit: 1001

Quote from: Bijeebus on June 04, 2013, 08:30:53 PM

are most people actually using these to mine or just selling them on ebay?

I'm using mine.

M

Bijeebus

newbie

Activity: 14

Merit: 0

are most people actually using these to mine or just selling them on ebay?

ralphte

newbie

Activity: 13

Merit: 0

Quote from: CanaryInTheMine on June 04, 2013, 12:45:59 AM

OK Folks, I'm clearly missing some of your orders on the front page.

Please double check that you see your order on one of the lines and that everything is correct.

If you don't see your order, please reply to this message and post the relevant info

Thank you!

ralphte; 2; 4.2418; 16hC72Re1d1mqTq9Ca8jiCbUborxphVuqj 1NWzKZ9Xp5NjDJgqZjkvSXuBPKZYuXRzbG

Payment and PM sent yesterday.

Troupster

member

Activity: 97

Merit: 10

Quote from: matthew412 on June 04, 2013, 01:35:41 AM

I don't understand why someone would buy 300 through you instead of directly through friedcat...

Same

detro

newbie

Activity: 45

Merit: 0

yargh just missed it

Topic: USA/Canada [Group Buy #4 @680/50] ASICMiner Erupter USB 2.04236 each @ 5 units - page 5. (Read 16748 times)