Topic: USB Mining (Read 960 times)

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.

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

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?  

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

So the conclusion is that USB miners are only for fun

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

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

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.

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

04:42 ASIC noise level in the Noisebox in Normal mode
https://www.youtube.com/watch?v=Ne8kV64AufA&ab_channel=SeregaSoleniyminer

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.

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.

.

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.    

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.

This asic, with its power supply, has a maximum consumption of 120 watts
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. This Rig Includes Active Air Cooling On Each Miner. Those Miners Can Peak Much Higher Wattage Compared To The Older Version.