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Topic: USB miner for Altcoins (Read 967 times)

brand new
Activity: 0
Merit: 0
June 20, 2019, 12:23:59 AM
#55
I heard that there are new USB miners, with high performance and low power consumption. I do not remember exactly the manufacturer of this device. but I think they are the future of mining


Gekkoscience R606 pod USB miner
legendary
Activity: 1775
Merit: 1032
Value will be measured in sats
hero member
Activity: 1568
Merit: 544
June 20, 2019, 04:50:44 AM
#52
Dont think that the profit from usbminer product will be large.
depends on the amount of miners.  Can always go for solo mining and hope to hit a block.

How to find out mining cost if we are using USB??
Depends or do vary on each place
Or check what usb port you use and wiki what the max output of that port is. https://en.wikipedia.org/wiki/USB#Power
full member
Activity: 574
Merit: 100
June 19, 2019, 10:12:30 AM
#51
Usb miners works fine with new coins. The one I have it gives around 0.5 usd per day using a i7 processor. The device cost around 65 usd. It is mining 4 small new coins that are in a mobile wallet for android. So you could reach 150 usd per year depending on coin market price. But i see that when Btc raises the performance in value of the coin are higher. The real issue is that we don't know if in one year these coins could be sold or have even a value. But concept is interesting. Many coins have asic resistant algo, so this increase the chance to use usb miners for low realistic profits.
This is a meager income, if you collect a farm you need at least a hundred of such miners. Otherwise just does not make sense because of cents to do this
hero member
Activity: 2982
Merit: 597
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June 19, 2019, 09:54:32 AM
#50
Are there any USB Stick miners that mine altcoins?
If yes are there any that make at least a little bit profit?

Greetings!

There are a lot of USB miner on Amazon and Alibaba check those two marketplaces
ARE these the ones you are looking for, look cheap but I doubt if they are going to make you profit all
https://www.amazon.com/ASICMiner-Block-Erupter-USB-Sapphire/dp/B00CUJT7TO
member
Activity: 672
Merit: 12
June 18, 2019, 07:15:44 AM
#49
 In most cases, the profit from using usb miners is zero or very small.
Do not forget about the fact that this miner in next  2-3 years you cant sell to anyone - nobody will need it
jr. member
Activity: 203
Merit: 3
June 18, 2019, 06:37:02 AM
#48
Usb miners works fine with new coins. The one I have it gives around 0.5 usd per day using a i7 processor. The device cost around 65 usd. It is mining 4 small new coins that are in a mobile wallet for android. So you could reach 150 usd per year depending on coin market price. But i see that when Btc raises the performance in value of the coin are higher. The real issue is that we don't know if in one year these coins could be sold or have even a value. But concept is interesting. Many coins have asic resistant algo, so this increase the chance to use usb miners for low realistic profits.
hero member
Activity: 1008
Merit: 501
June 17, 2019, 07:47:42 PM
#47
Personally I think USB miner is not a good choice anymore for mining altcoins!  Because most of the time you will be fed up by seeing the zero profit! Though i did not try it,  but some of my friends tried last year and the experience was horrible!
newbie
Activity: 42
Merit: 0
June 17, 2019, 01:27:14 PM
#46
You can probably find a variety online, but it is likely that none are profitable at this point.
hero member
Activity: 1274
Merit: 556
June 17, 2019, 12:36:00 PM
#45
A good USB miner is HiveOS Grin

Jokes aside, it actually is. Plug it into your rig, configurate it, and let it do its magic.

...when it works.
full member
Activity: 560
Merit: 100
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June 17, 2019, 12:19:32 PM
#44
I heard that there are new USB miners, with high performance and low power consumption. I do not remember exactly the manufacturer of this device. but I think they are the future of mining
sr. member
Activity: 714
Merit: 250
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June 17, 2019, 11:50:27 AM
#43
im interesting into USB miner too, its been so long searching this thing but no one can makes me had an interests in owning it, still make same comparation the advantage and deficient side from mining with USB miner or GPU. most people might suggest mining with GPU are way more recommended rather than USB miner, but im curious about USB miner, its look more friendly and easy to operate with low cost. thank you for any advice in advance, i will consider every single of your opinion.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
June 12, 2019, 01:58:54 PM
#42
Very rare to see someone who have made something meaningful from this kind of mining, it is very unpopular among notable miners, maybe for educational purposes like someone said. Even mobile miners earn more. Would better learn to trade than this

agreed here.
an just a reminder: mobile miners are not worth it. at all.
copper member
Activity: 294
Merit: 1
June 12, 2019, 06:56:26 AM
#41
Very rare to see someone who have made something meaningful from this kind of mining, it is very unpopular among notable miners, maybe for educational purposes like someone said. Even mobile miners earn more. Would better learn to trade than this
member
Activity: 686
Merit: 12
June 12, 2019, 05:17:03 AM
#40
It turns out that usb miner is actually just a toy or a tool for learning, but not the actual option of making a profit through mining
hero member
Activity: 2492
Merit: 761
June 12, 2019, 05:01:59 AM
#39
I thought that noone use it now, but it seems that i`ve been mistaken. As for me - the best choice is to buy 1 or 2 such devices for test and for own research. After this actions - to think about several more or to sell these.
sr. member
Activity: 1022
Merit: 391
June 12, 2019, 04:33:58 AM
#38
The choice to buy a USB miner is just a matter of costs as @jstefanop rightly said, and not profitability; not even OP has ever asked for comparisons and opinions on profitability, because I believe he will have understood that he will get little, but in the meantime he can learn this new and complicated world.

If you buy a raspberry you can't expect to run advanced programs or complex calculations, so why do you ask Roi huge for a USB miner? That does not make sense.
jr. member
Activity: 203
Merit: 3
June 12, 2019, 04:14:03 AM
#37
I am using USB miners. I bought from a China company and I have 50 available. We can mine 5 different altcoins and the monthly value using a regular desktop Pc is about 3-4 Usd per month per Usb at actual Btc price. If you want I can send anywhere in the world by air mail. It's easy and it works. Write me privately if interested.
member
Activity: 854
Merit: 12
arcs-chain.com
June 12, 2019, 03:31:02 AM
#36
I agree that USB miners are funny and a good gadget for an experimental/educational setup... but if you want to really learn about mining and want to get the best investment for your money I would use the money to get at least a used GPU to target new coins and get things going...
Don't know how long you'll need to mine using a USB stick to have enough amount to be able to exchange it with profit (depends on the coin of course, but i mean that there are fees to be paid)
Electroneum, like someone said, might also be a good option and you can use your phone...
hero member
Activity: 3010
Merit: 794
June 11, 2019, 06:14:20 PM
#35
The whole point of USB mining is not really about profitability. Its about enabling people that dont have money to buy expensive GPUs/ASICs to just use a spare USB port on their computer and be up and running with just 40 bucks.

Will a 40 dollar investment make you thousands? Probably not, but the whole point is to bring new people into the ecosystem. They learn what cryptos are about, and earn a little bit of crypto while they are at it.

Most people that buy my USB miners dont use them themselves, they gift them to people that would never think about crypto, but its a fun and engaging way to get them into the ecosystem.
This is definitely correct but i do still believe that there are ones who do plan to purchase up these USB's for the sake
of making money with less money that they do pull out of their pockets/wallets.This is really just good for educational
purposes only but profitability? Then its a far cry from reality.  Grin

-snip-
Create your own thread and you might get some people on which you do seek of.
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