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Topic: USB 300MH/S ASICMiner Value Question - page 4. (Read 8278 times)

legendary
Activity: 2688
Merit: 1468
May 30, 2013, 11:50:03 AM
#5
I am curious what are people's opinions on the value of one of these USB miners, I know they currently sell on eBay with starting bids of $400.  My opinion is that is due to the scarcity effect.  Once there are more supplies available what does the community think they are worth?

Right now they are worth about BTC2.  Use a local group buy to save on shipping, customs and duties.
DBG
member
Activity: 119
Merit: 100
Digital Illustrator + Software/Hardware Developer
May 30, 2013, 11:13:24 AM
#4
I am curious what are people's opinions on the value of one of these USB miners, I know they currently sell on eBay with starting bids of $400.  My opinion is that is due to the scarcity effect.  Once there are more supplies available what does the community think they are worth?

There are several group-buys at this forum selling for less than 2.6 BTC...

See for instance https://bitcointalk.org/index.php?topic=195037.new#new or https://bitcointalksearch.org/topic/tentative-asicminer-block-erupter-usb-group-buy-uk-218300... Also, you could use search "USB ASIC"...

I believe the OP was looking for community insight as to it's value, not looking for the best/cheapest price out there.  If I'm wrong I retract my last post and this one.
DBG
member
Activity: 119
Merit: 100
Digital Illustrator + Software/Hardware Developer
May 30, 2013, 11:10:13 AM
#3
That price isn't surprising, esp. considering some groupbuy units were almost this high in BTC.  Before a price was even announced I said 30$ - 50$ USD (which based on the assessment for both the public and the company I felt was fair).  Hmm okay either I thought that or said it somewhere else, because I looked through my past posts and this is the only time I mentioned money before the unit was priced...

I think we can all agree that a farm of these units wouldn't be the best idea (although it'd be great to be able to have a few to hash away on work/library/friend's computer, esp. if a no-fuss setup could be created) and personally I think these units could be sold for ~$20 USD (non-wholesale) and be profitable for everyone involved (this is a very rough estimate, but given the current difficulty rate, cost of bitcoin, average cost of electricity - which is the major advantage here - assuming the unit is sold at 20$ + 5$ s/h, you could make your money back within a couple a weeks but even heavily padding that, lets say a month).  Of course the focus is more likely on getting the second unit online than pumping out these little guys, but it seems likely that we'll see an option for user-end/consumer products being offered before the year is out... which is great because the ASIC market really needs more serious players.

I'm still hoping that ASICMiner will release more devices, and it would be even better if at least some were in the sub-1000$ USD range (although I'm sure they will sell out anything they produce).  But yeah, it's a little easier (in my mind at least) to say "oh okay, I'm going to pay just 3BTC" compared to "holy crap, there goes $400 from my bank account!", esp. considering a lot of BTC was gained before the price spike (I know 1BTC = ~$270 at one point, however I believe that was a bubble that needed to pop and am more comfortable with the level it's at now... sorry to anyone who got burned though).
hero member
Activity: 714
Merit: 500
Are ฿itcoins Radioactive?
May 30, 2013, 10:48:35 AM
#2
I am curious what are people's opinions on the value of one of these USB miners, I know they currently sell on eBay with starting bids of $400.  My opinion is that is due to the scarcity effect.  Once there are more supplies available what does the community think they are worth?

There are several group-buys at this forum selling for less than 2.6 BTC...

See for instance https://bitcointalk.org/index.php?topic=195037.new#new or https://bitcointalksearch.org/topic/tentative-asicminer-block-erupter-usb-group-buy-uk-218300... Also, you could use search "USB ASIC"...
member
Activity: 70
Merit: 10
May 30, 2013, 10:34:14 AM
#1
I am curious what are people's opinions on the value of one of these USB miners, I know they currently sell on eBay with starting bids of $400.  My opinion is that is due to the scarcity effect.  Once there are more supplies available what does the community think they are worth?
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