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Topic: USB Mining (Read 886 times)

newbie
Activity: 32
Merit: 0
October 18, 2023, 02:46:07 PM
#56
What about USB 250GHs miner, is any real chance to find a block in a few years?
What is the smalest speed to find a solo block in a few years, 1TH or more?
legendary
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
October 18, 2023, 08:56:53 AM
#55
The educational purpose here is very dubious, because this knowledge will have nowhere to be applied if you do not want to expand the community of solo miners with 55Kh/s devices
It would be weird if they made products that have no demand on the market. Is it possible that people are just trying their luck so they can get as lucky as the poster above? Maybe they think the cost is worth the time or effort they spent to run the RIG. I honestly doubt manufacturers make these with no profit in their minds at all. Maybe some educational facility also buy a batch of these to do their demonstration? CMIIW.
55kh/s will never find a block.
You need about 5.5 million of them just to match a single compacf USB miner.
legendary
Activity: 2170
Merit: 1789
October 17, 2023, 09:40:36 PM
#54
The educational purpose here is very dubious, because this knowledge will have nowhere to be applied if you do not want to expand the community of solo miners with 55Kh/s devices
It would be weird if they made products that have no demand on the market. Is it possible that people are just trying their luck so they can get as lucky as the poster above? Maybe they think the cost is worth the time or effort they spent to run the RIG. I honestly doubt manufacturers make these with no profit in their minds at all. Maybe some educational facility also buy a batch of these to do their demonstration? CMIIW.
full member
Activity: 562
Merit: 139
October 17, 2023, 07:18:18 PM
#53
Okay I'll stir the pot here and say that USB mining for lottery and educational purposes can be a good thing. I personally hit (found a block) with a GekkoScience Compac F USB stick on CK's solo pool so I am proof that yes it can happen.

Was I lucky? You better believe it.

I would say if you go the USB mining route expect no return ever but you can in fact shoot and hope for the moon.
legendary
Activity: 1610
Merit: 1026
October 07, 2023, 12:12:57 PM
#52
Hello everyone

Usb Bitcoin Miner ! is that recommended for a newbie?

im willing to start mining using 6 of those USB but im not sure how and where to start

if anyone have tried this please give us some TIPS or advice please

My tip would be to forget about this idea. Just buy $300 worth of Bitcoin and hodl. You are guaranteed to earn more eventually. No, I mean why are they even still making these USB sticks? What's the point? Just for testing/educational purposes?  Grin
Manufacturers want to make money because these devices sell well and have low production costs if produced in profitable quantities.
The educational purpose here is very dubious, because this knowledge will have nowhere to be applied if you do not want to expand the community of solo miners with 55Kh/s devices
legendary
Activity: 2226
Merit: 1172
Privacy Servers. Since 2009.
September 29, 2023, 04:35:37 AM
#51
Hello everyone

Usb Bitcoin Miner ! is that recommended for a newbie?

im willing to start mining using 6 of those USB but im not sure how and where to start

if anyone have tried this please give us some TIPS or advice please

My tip would be to forget about this idea. Just buy $300 worth of Bitcoin and hodl. You are guaranteed to earn more eventually. No, I mean why are they even still making these USB sticks? What's the point? Just for testing/educational purposes?  Grin
legendary
Activity: 2114
Merit: 15144
Fully fledged Merit Cycler - Golden Feather 22-23
September 28, 2023, 02:12:35 AM
#50
This is not a true USB mining device,
but I hope it will help you to put things in the right perspective:

NERDMINER: Bitcoin lottery miners

If you do this, it is certainly not for the economic revenues.


legendary
Activity: 1610
Merit: 1026
August 25, 2023, 12:01:08 PM
#49
So the conclusion is that USB miners are only for fun
To enrich the sellers of these miners.
The buyer does not look at the profit of this device, because it is impossible to recoup. This can be compared to the bitcoin lottery, because one lucky person managed to catch a block of bitcoin in solo. I have not verified this information.
newbie
Activity: 20
Merit: 0
August 25, 2023, 04:43:50 AM
#48
USB mining is generally not considered profitable for cryptocurrency mining. USB miners are typically devices with very low processing power and energy efficiency, making them ill-suited for the high computational demands of most cryptocurrencies like Bitcoin.

Bitcoin and many other popular cryptocurrencies are mined using specialized hardware known as ASICs (Application-Specific Integrated Circuits), which are designed specifically for the purpose of mining. These ASICs are much more powerful and efficient compared to USB miners or even regular GPUs (Graphics Processing Units) used in gaming computers.

USB miners were more relevant during the early days of cryptocurrency mining when the network difficulty and computational requirements were lower. However, as cryptocurrencies gained popularity and the networks became more secure, the mining difficulty increased significantly, making it extremely difficult for low-power devices like USB miners to compete and generate a meaningful amount of cryptocurrency.
hero member
Activity: 756
Merit: 607
August 20, 2023, 01:58:35 PM
#47
The thing i thought about when i learned about mining is to get some USB Miners since they are small. But as anyone that knows a little bit about mining you should calculate the daily or monthly profit you generate from these devices, Ans it's that time i knew it's a worthless thing ever to do unless you get thousands of them which will return to the concept of buying directly a bigger device that will generate more profit and will be cheaper.
With an average USB Miner i could find sold on Amazon with 150Gh/s power it won't generate 0.01$ a day without taking off the electricity and device connected to. So the conclusion is that USB miners are only for fun
full member
Activity: 266
Merit: 119
Keep Promises !
August 20, 2023, 01:42:37 PM
#46
If you haven't bought any of those USB miners then I suggest you just use that money, buy Bitcoin and keep it in some secure hardware wallet. HODL till maybe bull run and sell. You will be way better off. But if you are willing to mining whilst expecting no rewards at all, then give it a go.

Read through this threads, you might get some helpful info
1. https://bitcointalksearch.org/topic/my-usb-sha256-lottery-5340726
2. https://bitcointalksearch.org/topic/lottery-mining-5337008
It's  being addressed though in the quote by Jerome Tash ,minning is running out of profit  I would just advice you to heed to the comment  It's what you can find profitable ,otherwise if you want to earn little or if you can put in some extra efforts in mining hardwares to enter the "uphand" game, but If I were u I will just heed to this though not judging but just putting myself in your shoes
hero member
Activity: 630
Merit: 731
Bitcoin g33k
August 07, 2023, 03:59:54 AM
#45
Hello everyone

Usb Bitcoin Miner ! is that recommended for a newbie?

im willing to start mining using 6 of those USB but im not sure how and where to start

if anyone have tried this please give us some TIPS or advice please

the best tip I can give you: spend some hours here in the forum and click through the different threads. Especially: use the search function. You will find all the info you need. If you still have questions, you can open a new thread with specific questions. Good luck playing the lottery.
legendary
Activity: 1610
Merit: 1026
August 06, 2023, 05:40:42 PM
#44
Hello everyone

Usb Bitcoin Miner ! is that recommended for a newbie?

Using USB Bitcoin miners, especially older and low-performance models, is generally not recommended for newcomers to cryptocurrency mining.

If you're new to Bitcoin mining and are interested in getting started, here are some steps you can take:

Educate Yourself: Before you start mining, it's important to understand how the process works, the technology involved, and the potential risks and rewards. There are plenty of online resources, guides, and forums where you can learn about Bitcoin mining.

Research Mining Hardware: Instead of USB miners, consider investing in more powerful and efficient ASIC miners. Research different models, their specifications, performance, and reviews. Focus on models that are currently relevant and can provide a reasonable return on investment.

Calculate Costs and Potential Returns: Use online calculators to estimate potential profitability based on your chosen hardware, electricity costs, and other relevant expenses. Keep in mind that the mining landscape can change rapidly, so it's important to factor in potential changes in Bitcoin's price and mining difficulty.

Select a Mining Pool: If you decide to mine, it's generally recommended to join a mining pool. Mining pools increase your chances of earning rewards by combining the computational power of multiple miners. Research and choose a reputable mining pool with a fair distribution system.

Setup and Configuration: Once you have your hardware, you'll need to set it up. This involves connecting the hardware to your computer or a dedicated mining rig, configuring the mining software, and connecting to your chosen mining pool.

Monitor and Maintain: Mining requires ongoing monitoring and maintenance. You'll need to ensure that your hardware is running smoothly, temperatures are within safe limits, and that you're receiving payouts from the mining pool.

Stay Updated: The cryptocurrency space evolves rapidly. Stay informed about changes in technology, regulations, and market conditions that might affect your mining operation.

Risk Management: Keep in mind that mining involves financial risk. Due to the complex and competitive nature of the industry, there's no guarantee of profits.

This is not a miner, but entertainment for people who have expensive electricity and are unable to install a modern ASIC due to noise or expensive electricity. Asics with water cooling do not solve the problem of expensive electricity.
legendary
Activity: 1610
Merit: 1026
August 04, 2023, 05:00:56 PM
#43
04:42 ASIC noise level in the Noisebox in Normal mode
https://www.youtube.com/watch?v=Ne8kV64AufA&ab_channel=SeregaSoleniyminer

Please tell me there is a hole there and I'm just too drunk dumb and blind to not see it!


I didn't have a soundbox like this, so I need to ask the manufacturer a few questions about how the air moves in this noisebox.
If you are interested in the noise level and want to see how homemade noise boxes work, then watch this video. Here the noise level is slightly higher.
https://www.youtube.com/watch?v=C1vx3K7fPFk

Antminer S9 13,5 th can be bought for 23 dollars in Russia
https://www.avito.ru/moskva/oborudovanie_dlya_biznesa/antminer_s9_135_th_3167724011
How much do these ASICs cost in your country?
legendary
Activity: 2828
Merit: 6108
Jambler.io
August 03, 2023, 05:52:05 PM
#42
04:42 ASIC noise level in the Noisebox in Normal mode
https://www.youtube.com/watch?v=Ne8kV64AufA&ab_channel=SeregaSoleniyminer

Please tell me there is a hole there and I'm just too drunk dumb and blind to not see it!

legendary
Activity: 1610
Merit: 1026
August 03, 2023, 03:30:48 PM
#41
And now calculate the cost of acquiring USB ASICs for hashrate at 14th, power consumption and noise level from 7 pcs COMPAC F 2.1.

Some people don't want 14th, a noise box and all that, they just want a chance to solo mine a block, there is no way you are getting 40 db on an S9 running at 14th unless it's freezing cold and fans are sitting near idle at 20-25%, a very difficult condition to be met giving that the noisebox will increase temps regardless, 50-55 db is more like it, ya if you put it in a different room it could work, but again, not everyone has a spare room.

Also, while an S19 gives you 7 times the hashrate (2 vs 14), it also uses 7 times more power, someone who pays 10 cents per kWh will only have to pay  6$ a month while still getting a chance to hit a block, vs paying $90 a month running an s9, in just a few months the power bill alone will surpass the cost of the USB miner, you see we can keep going back and forth of how something is better than the other, but we will get nowhere because as I said, everything has it's own use case.
If someone lives in one room of 20 square meters and has expensive electricity, then he should not be mining. It's better to buy lottery tickets every month, because he might have a better chance of getting rich Grin

04:42 ASIC noise level in the Noisebox in Normal mode
https://www.youtube.com/watch?v=Ne8kV64AufA&ab_channel=SeregaSoleniyminer
legendary
Activity: 2170
Merit: 6279
be constructive or S.T.F.U
August 02, 2023, 09:20:41 PM
#40
And now calculate the cost of acquiring USB ASICs for hashrate at 14th, power consumption and noise level from 7 pcs COMPAC F 2.1.

Some people don't want 14th, a noise box and all that, they just want a chance to solo mine a block, there is no way you are getting 40 db on an S9 running at 14th unless it's freezing cold and fans are sitting near idle at 20-25%, a very difficult condition to be met giving that the noisebox will increase temps regardless, 50-55 db is more like it, ya if you put it in a different room it could work, but again, not everyone has a spare room.

Also, while an S19 gives you 7 times the hashrate (2 vs 14), it also uses 7 times more power, someone who pays 10 cents per kWh will only have to pay  6$ a month while still getting a chance to hit a block, vs paying $90 a month running an s9, in just a few months the power bill alone will surpass the cost of the USB miner, you see we can keep going back and forth of how something is better than the other, but we will get nowhere because as I said, everything has it's own use case.
legendary
Activity: 1610
Merit: 1026
August 02, 2023, 02:32:41 PM
#39

Quote
Let's do a little math. I buy 3 ASIC BITMAIN AntMiner S9 14th for $100 and start mining on one ASIC in solo. For a year I will pay 400 dollars for electricity. And I'll buy a good noisebox for $200. After 2 years, I will get tired of the experiment and I will lose $1100, but I will still have AntMiner S9 bricks and noisebox Smiley
I think the buyer of Terminus R606 will lose more money if this ASIC costs $400
.

It is not just the profit vs cost, not sure how do i explain it better, you keep talking about noise boxes, have you tested them? Because I have and those not near as silent, the heat generated by 3*S9s will need some serious cooling, it is not easy to run an industrial mining gear like the S9 at home.

If we talking big scale, of course those USB miners are a bad option, way to expensive for their hashrate.    
I suggest to buy 3 ASICs of AntMiner S9 14th, so that 1 ASIC can be used for mining, and 2 others for spare parts. When the first ASIC breaks down, I will use the second one, and when the third one breaks down, it is already possible to assemble a working ASIC from spare parts. AntMiner S9 is well designed for this.
My comrades tested noise boxes, 40-50 decibels noise level in the noise box. For a balcony, this can be used.
And now calculate the cost of acquiring USB ASICs for hashrate at 14th, power consumption and noise level from 7 pcs COMPAC F 2.1.
sr. member
Activity: 406
Merit: 443
August 01, 2023, 12:16:14 PM
#38
1 x Power Adapter DC 12V/10A.
6 X GekkoScience COMPAC F 2.1+TH/S
The Compac F Is The Most Powerful USB Bitcoin Miner Ever Made – That Actually Turns A Profit In Most Cases.
Talking about USB Bitcoin Miner is nonsense caused by the extremely rare possibility of Solo Miner Nets $215K in BTC Using a Mini USB Rig and it was exploited badly by some articles and YouTube channels as the USB Rig was 8.3 TH/s (note that per device is less than 500 GH/s)

USB miner is something to try and it is not possible to make a good profit with it. you need a mining ring to make about ~3/day for some altcoins which is not so profitable.
legendary
Activity: 3612
Merit: 2506
Evil beware: We have waffles!
July 31, 2023, 01:10:49 PM
#37
@safar1980
Please delete that link - it is a known scam site that Sidehack has been trying to get shutdown for well over a month.
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