Author

Topic: USB Bitcoin Miner in India ! (Read 8450 times)

legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
June 26, 2013, 12:09:10 AM
#49
Now only if difficulty would stop increasing but ..... once can dream to make return on this investment  Kiss

This is a good investment. 1 BTC for 300 Mhash/s is not too bad.
hero member
Activity: 560
Merit: 500
June 25, 2013, 03:22:05 PM
#48
Now only if difficulty would stop increasing but ..... once can dream to make return on this investment  Kiss
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
June 24, 2013, 07:19:46 AM
#47
Too hard to break even at this price

Price has been dropped to 1 BTC each. At that value, its about 3.3 BTC per Ghash.
sr. member
Activity: 251
Merit: 250
June 23, 2013, 06:09:48 PM
#46
Too hard to break even at this price
hero member
Activity: 589
Merit: 500
June 11, 2013, 02:08:07 AM
#45
I have organized several group buy of USB Miners and Avalon chips in China. See my signature to get those links.

If you are interested, I can send you at 2.18 BTC at least 5 miners including shipping fees.

Thanks,
Jimmy

hero member
Activity: 560
Merit: 500
June 09, 2013, 04:58:45 AM
#44
Hey guys. I've bought some in a group buy and that devices are very sweet  Wink

The minimum amount is reduced to 50 (+1 for free) and i almost can order that amount alone. If someone is interested you can jump in. The price will be around 2.25 BTC (including shipping and fees). Feel free to PM and ask questions.

@ 2.26B including shipping one will never break even, Ideal price for these sticks is Less than ~ 1 Btc if any body buying these wants to make any profit in few months.
newbie
Activity: 28
Merit: 0
June 03, 2013, 09:00:21 AM
#43
Hey guys. I've bought some in a group buy and that devices are very sweet  Wink

The minimum amount is reduced to 50 (+1 for free) and i almost can order that amount alone. If someone is interested you can jump in. The price will be around 2.25 BTC (including shipping and fees). Feel free to PM and ask questions.
sr. member
Activity: 378
Merit: 250
May 29, 2013, 03:17:33 PM
#42
Any supplier in India, Present?

you can be the first
hero member
Activity: 616
Merit: 500
May 29, 2013, 08:24:41 AM
#41
Any supplier in India, Present?
hero member
Activity: 616
Merit: 500
May 28, 2013, 07:17:02 AM
#40
I am interested....... Please count me.
sr. member
Activity: 378
Merit: 250
May 28, 2013, 01:16:35 AM
#39
it can give around 380 mgh. I can import it if there will be demand on 3btc per USB miner.
hero member
Activity: 560
Merit: 500
May 28, 2013, 12:19:24 AM
#38
@ 300mh/s per device it seems ROI time will be  months to a year depending how far up north difficulty goes. Not a cool investment I guess.
full member
Activity: 138
Merit: 100
May 27, 2013, 07:15:57 AM
#37
Just an update :
(https://bitcointalksearch.org/topic/block-erupter-usb-sales-temporarily-out-of-stock-217104)

friedcat has reduced the order numbers to 50 from 300 (before)
full member
Activity: 225
Merit: 100
May 23, 2013, 07:42:41 AM
#36
look at them colors ! beautiful .. just a bit too expensive in my opinion. Have the deliveries started yet? someone please put up a youtube vid of them in action
member
Activity: 82
Merit: 10
May 22, 2013, 11:32:11 AM
#35

wow! it looks better than i expected..seems a quality product..
anyone here ordered these?
full member
Activity: 138
Merit: 100
May 21, 2013, 12:57:19 PM
#34
Hey Guys,
Anyone still interested in these ? Friedcat has started to ship these, and if we can get 300 orders we can really get this going :/

Ps, I know 300 orders is a lot and the cash is again a lot :/ almost 13k each device
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 10, 2013, 02:56:47 AM
#33
Now thats interesting.. so i can mine lets say litecoin or feathercoin with it ??

No, LTC and FTC are based on scrypt.
full member
Activity: 140
Merit: 100
May 10, 2013, 02:32:15 AM
#32
Now thats interesting.. so i can mine lets say litecoin or feathercoin with it ??
sr. member
Activity: 378
Merit: 250
May 09, 2013, 03:31:06 PM
#31
IMHO i think its much better to invest that amount in buying btc and trading as that would be significantly more profitable.. Mining is getting progressively difficult and profitability is decreasing day by day.. if these miners could mine alternate coins then that would have been much better..

this miners can mine alternative cryptos very well, those cryptos which are SHA-256. Trading and mining do not contradict each other, you can mine some alternative crypto currency with these USB ASIC and use it to start trading.

here is nice table for alt coins

http://www.coinwarz.com/cryptocurrency

In fact most people who will buy those ASIC USB will do exactly that, mine alt coins. Mostly counting on future grow.
full member
Activity: 140
Merit: 100
May 08, 2013, 11:45:12 AM
#30
IMHO i think its much better to invest that amount in buying btc and trading as that would be significantly more profitable.. Mining is getting progressively difficult and profitability is decreasing day by day.. if these miners could mine alternate coins then that would have been much better..
legendary
Activity: 1274
Merit: 1004
May 08, 2013, 08:24:41 AM
#29
Looks like it's IMPOSSIBLE to get 300 orders just from India, I'll have a look at shipping methods/pricing and allow people from all over to purchase as long as they bear the shipping cost

How about working with another Teams group buy?

that's something I want to avoid, as the main supplier, ships the miner for free and if we were to go with another groupbuy the price will go up by at least 500 - 600 rupees per miner to cover the shipping cost of the miners to India



Yes but 300x13000 is a pretty big amount to collect.

It's better to buyin with some other group and get all miners shipped to india at 1 single place and then distribute it here.
full member
Activity: 138
Merit: 100
May 08, 2013, 06:23:59 AM
#28
Looks like it's IMPOSSIBLE to get 300 orders just from India, I'll have a look at shipping methods/pricing and allow people from all over to purchase as long as they bear the shipping cost

How about working with another Teams group buy?

that's something I want to avoid, as the main supplier, ships the miner for free and if we were to go with another groupbuy the price will go up by at least 500 - 600 rupees per miner to cover the shipping cost of the miners to India

legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 07, 2013, 02:32:43 PM
#27
Looks like it's IMPOSSIBLE to get 300 orders just from India, I'll have a look at shipping methods/pricing and allow people from all over to purchase as long as they bear the shipping cost

How about working with another Teams group buy?
full member
Activity: 138
Merit: 100
May 07, 2013, 02:20:23 PM
#26
Looks like it's IMPOSSIBLE to get 300 orders just from India, I'll have a look at shipping methods/pricing and allow people from all over to purchase as long as they bear the shipping cost
sr. member
Activity: 378
Merit: 250
May 07, 2013, 11:46:58 AM
#25
people was considering power bill too high 6 month ago too. consider what bitcoins will cost 6 month from now. And no doubt bitcoins will cost a lot, cause few people on top (who control mining) always will be interested to keep btc rate high, by selling little.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 07, 2013, 11:08:04 AM
#24
Yeah, I picked up another 7850 today for alt coins.

How many cards do you mine with Benson,  what is your power bill.

I have 3 ATI 5850 which used for mining but power bill is just too much with all the three cards running.

I have very few cards left that are mining all over the place. I used to remote connect (with permission) to my friends systems and set up miners on them.
I stopped that a while ago.

I find power bills affordable and that seems to be more important to me for now.
hero member
Activity: 560
Merit: 500
May 07, 2013, 11:05:08 AM
#23
Yeah, I picked up another 7850 today for alt coins.

How many cards do you mine with Benson,  what is your power bill.

I have 3 ATI 5850 which used for mining but power bill is just too much with all the three cards running.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 07, 2013, 10:56:54 AM
#22
Yeah, I picked up another 7850 today for alt coins.
sr. member
Activity: 378
Merit: 250
May 07, 2013, 10:52:01 AM
#21
I doubt any one in India will bring the whole batch 300 USB miners here. At least why not to start thread and see if there can be group buy.

Also it is possible and more realistic to join other group buys like UK group, then they will ship it to India.

In any way it is purely symbolic thing, you can say I own ASIC. With all those terahashes joining network 300mgh is like something, which is better then nothing. Only ASICminer now 15TH/s, each Avalon chips batch 2.8 TH/s there is 3 already in process, and like each 4-5 weeks another 2.8 TH/s. The thing escalating very quickly.

BFL may ship too, better late then never.
full member
Activity: 138
Merit: 100
May 07, 2013, 10:45:38 AM
#20
Yeah, this will be much faster in a way, as the manufacturer will be starting to accept orders soon (in a week or so)
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 07, 2013, 09:40:08 AM
#19
I have no idea if it is Legit, they are only accepting pre-orders at this point so I would stay far away from any ASIC pre-orders as we all know how that story unfolds except if you are buying from Avalon.

Also if you have monies to spend 13k why not invest on BFL singles at least you get more hashing power but have to pay 88$ for shipping extra when they start to ship Wink

BFL has already been ordered. Just looking at immediate shippers for now.
hero member
Activity: 560
Merit: 500
May 07, 2013, 09:38:20 AM
#18
I have no idea if it is Legit, they are only accepting pre-orders at this point so I would stay far away from any ASIC pre-orders as we all know how that story unfolds except if you are buying from Avalon.

Also if you have monies to spend 13k why not invest on BFL singles at least you get more hashing power but have to pay 88$ for shipping extra when they start to ship Wink
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 07, 2013, 09:26:42 AM
#17
Instead why dont you Invest money on  http://wpamining.com/#main

Cost 1.9 BTC for 2.2 GHs & is equally risky investment. 



Is it legit?
hero member
Activity: 560
Merit: 500
May 07, 2013, 09:25:03 AM
#16
Instead why dont you Invest money on  http://wpamining.com/#main

Cost 1.9 BTC for 2.2 GHs & is equally risky investment. 

full member
Activity: 138
Merit: 100
May 06, 2013, 09:36:24 AM
#15
How many MH/sec or KH/sec will i get while mining ?

I might be interested in getting but i have no idea when will u reach the milestone

Same question ^
also i doubt you will even reach 20 orders. 300 orders and 3 month time frame is too much specially when bitcoin's price is going up and down daily.



Well, that's the tiny risk involved, but yes, if we don't get enough orders everyone will be refunded.
full member
Activity: 138
Merit: 100
May 06, 2013, 09:35:18 AM
#14
i'm interested, but will you post to australia?

Sure, as long as you're willing to cover the shipping fee, I can ship it :-)
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 06, 2013, 09:23:58 AM
#13
How many MH/sec or KH/sec will i get while mining ?

I might be interested in getting but i have no idea when will u reach the milestone

Gives out 300 Mhash
member
Activity: 114
Merit: 10
May 06, 2013, 08:54:39 AM
#12
i'm interested, but will you post to australia?
legendary
Activity: 1274
Merit: 1004
May 06, 2013, 08:49:29 AM
#11
How many MH/sec or KH/sec will i get while mining ?

I might be interested in getting but i have no idea when will u reach the milestone

Same question ^
also i doubt you will even reach 20 orders. 300 orders and 3 month time frame is too much specially when bitcoin's price is going up and down daily.

full member
Activity: 196
Merit: 100
May 06, 2013, 08:40:54 AM
#10
How many MH/sec or KH/sec will i get while mining ?

I might be interested in getting but i have no idea when will u reach the milestone
full member
Activity: 138
Merit: 100
May 06, 2013, 07:14:12 AM
#9
How many orders have you got yet?

As of now, 2 - one for me and one for a friend of mine.

legendary
Activity: 1008
Merit: 1000
May 06, 2013, 06:51:44 AM
#8
How many orders have you got yet?
full member
Activity: 138
Merit: 100
May 05, 2013, 01:48:41 PM
#7
Hmm, no one interested?

We may need to do some advertising outside the forum as well to gauge interest.

Hmm, that's true, the only thing that I feel may not work is the price tag Undecided

I agree with that as well. Else 600 BTC is fairly affordable as an amount to invest in something this solid.

Hmm, that's true, this miner is the most efficient I've seen in a long long time, I hope we can reach 300 as I'd really like one too
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 05, 2013, 01:46:15 PM
#6
Hmm, no one interested?

We may need to do some advertising outside the forum as well to gauge interest.

Hmm, that's true, the only thing that I feel may not work is the price tag Undecided

I agree with that as well. Else 600 BTC is fairly affordable as an amount to invest in something this solid.
full member
Activity: 138
Merit: 100
May 05, 2013, 01:44:51 PM
#5
Hmm, no one interested?

We may need to do some advertising outside the forum as well to gauge interest.

Hmm, that's true, the only thing that I feel may not work is the price tag Undecided
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 05, 2013, 01:32:39 PM
#4
Hmm, no one interested?

We may need to do some advertising outside the forum as well to gauge interest.
full member
Activity: 138
Merit: 100
May 05, 2013, 01:27:47 PM
#3
Hmm, no one interested?
full member
Activity: 138
Merit: 100
May 05, 2013, 07:11:26 AM
#2
Updates :
Site going down for a few mins..

Site is back ! order link updated, shipping cost included in the price.

----

AsicMiner has started to ship these, and we could really quickly get a batch going I'd suppose.
full member
Activity: 138
Merit: 100
May 05, 2013, 06:12:21 AM
#1
Hi Guys !
I really would like to have a few of these "Block Erupter(s)" and I'm pretty sure many of you would like to have them too ! but the issue being that we need a order of 300 to get them :/

So as usual we have a "Group Buy" to overcome the issue of 300 orders, I've setup a store on our site with the product and bitcoin payment accepting service.

Why trust me/us ?
We were the first to come up with a exchange for india (alll the code), but due to regulations we had to well, close it :/ So as you see "we can get things done" Wink we do plan to make a crypto <-> crypto exchange soon (but not so soon)

Link to the miner :
http://bitocean.in/index.php?id_product=8&controller=product

It's simple, if we get 300 orders we buy the lot, if not we keep waiting upto 3 months, after which we just refund everyone.

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