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Topic: Why USB miners? (Read 3541 times)

sr. member
Activity: 395
Merit: 250
April 27, 2014, 02:23:26 PM
#36
At least if btc ever tanks to 0, i got something physical to hold on to, not just a balance to look at in the computer.

I must admit, they are more appealing for keyrings than say a big black lump like a BFL single.... unless of course it's a for a public washroom key or something.

Or you could use BFL single as a hydraulic jack...
You need two of them to lift the wheelbase.

hero member
Activity: 518
Merit: 500
Hodl!
April 27, 2014, 01:39:00 PM
#35
At least if btc ever tanks to 0, i got something physical to hold on to, not just a balance to look at in the computer.

I must admit, they are more appealing for keyrings than say a big black lump like a BFL single.... unless of course it's a for a public washroom key or something.
sr. member
Activity: 395
Merit: 250
April 27, 2014, 01:33:55 PM
#34
That's assuming the exchange rate goes up at some point - though you would still have been better off just buying bitcoin and holding that (instead of slowly accumulating).

Where's the fun in that ?
Touché Wink

USB miners are simply beautiful.
I dont know why but there's something captivating when they're in action.
At least if btc ever tanks to 0, i got something physical to hold on to, not just a balance to look at in the computer.
hero member
Activity: 686
Merit: 500
FUN > ROI
April 27, 2014, 01:26:22 PM
#33
That's assuming the exchange rate goes up at some point - though you would still have been better off just buying bitcoin and holding that (instead of slowly accumulating).

Where's the fun in that ?
Touché Wink
hero member
Activity: 518
Merit: 500
Hodl!
April 27, 2014, 01:16:45 PM
#32
You never know if something might come along that could make the little bastards profitable.

Like zombie hordes... when you've only got a slingshot... and they're the only available ammunition.


But a long time ago, in a galaxy far far away...

There was a small window of opportunity where if you had bought the AM sticks in July-ish, if you mined on them until October-ish, hodling the coins, then sold the miners, then waited until December and sold the coins. they would have actually paid off.... but if you had kept running them they'd have sucked it back in electricity or depreciation of the hardware.
sr. member
Activity: 395
Merit: 250
April 27, 2014, 11:42:56 AM
#31
Yes you can .
If you hold bitcoin for long.
That's assuming the exchange rate goes up at some point - though you would still have been better off just buying bitcoin and holding that (instead of slowly accumulating).



Where's the fun in that ?
hero member
Activity: 686
Merit: 500
FUN > ROI
April 27, 2014, 07:02:57 AM
#30
Yes you can .
If you hold bitcoin for long.
That's assuming the exchange rate goes up at some point - though you would still have been better off just buying bitcoin and holding that (instead of slowly accumulating).

Alternatively, it's assuming that a new USB miner/StickMiner is introduced at a time and price point where it stands a very good chance of financial ROI.
sr. member
Activity: 395
Merit: 250
April 27, 2014, 04:25:49 AM
#29
Yes you can .
If you hold bitcoin for long.
newbie
Activity: 28
Merit: 0
April 27, 2014, 03:31:20 AM
#28
I think them just for fun

We can not get back the cost from USB miner
sr. member
Activity: 248
Merit: 250
April 27, 2014, 03:16:39 AM
#27
...plus had the advantage of wife-compatibility: no heat*, no noise.

That's it! This is another one major feature Cheesy I have a gridseed (which is 300k\8g) and on night time I always moving it with RPi to the kitchen Smiley It's damn noisy
legendary
Activity: 1036
Merit: 1000
April 23, 2014, 06:29:19 AM
#26
Same for me I have them  at my computer at work 24/7      2 U1 and 1 U2 antminers most probably when my antminers S1 at home will switch off due to electricity cost my USB miners will hash!!!!!
anyway its more like a game and less like a profit...
 
hero member
Activity: 700
Merit: 504
Run a Bitcoin node.
April 23, 2014, 02:36:15 AM
#25
Yep. I got my start in mining with the first USB stick miner: an ASICMINER Block Erupter.

I started with just one, and learnt how to mine with it. Then I built up to 3 to crack the 1 GH/s barrier for the first time. Ended up with 9 of them, pulling 3 GH/s.

They were a relatively low cost entry into Bitcoin mining, plus had the advantage of wife-compatibility: no heat*, no noise.

Funny thing, I still have those original 9 BEs hashing. The hash rate is irrelevant, but so is the power draw, so I haven't bothered to switch them off yet.

* 9 BEs have no noticeable affect on room temperature.
full member
Activity: 161
Merit: 100
April 23, 2014, 01:35:00 AM
#24
3) And start a new thread - no point in hijacking this one any further Tongue

Apologies for that, wasn't intended. It was meant to be a genuine answer to the original question.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
April 23, 2014, 12:01:56 AM
#23
It's called Novello Technologies Limited, we're based in the UK and we hope to make an announcement in the next two weeks. The USB miner isn't the only product, but it will probably be the one that gets most interest.

Any chance of a pre-order? Please STFU and take my money Grin
Or there's going to be an announcement shortly?
hero member
Activity: 686
Merit: 500
FUN > ROI
April 22, 2014, 08:13:46 PM
#22
3) And start a new thread - no point in hijacking this one any further Tongue
member
Activity: 84
Merit: 10
PM for journalist,typing,and data entry services.
April 22, 2014, 07:26:07 PM
#21
100 gh/s for $75.... If you actually ship and are legit, better stock up on the supply, because you will get sold out! Will look forward to announcement, but won't be a first buyer. Probably not a second or third buyer. Will wait for community feedback before I make my decision. I looked up your company, couldn't find anything, do you guys not have a website?
sr. member
Activity: 420
Merit: 250
April 22, 2014, 07:19:01 PM
#20
Oh, it's legit all right. You'd have to be a very brave or terminally stupid scammer to make this up. When you read our proposition you can make up your own mind.

Two requests:

1) Be legit Cheesy
2) Pull the rug out on Bitmain.  Those shitheads don't deserve any more business.
sr. member
Activity: 248
Merit: 250
April 22, 2014, 04:38:06 PM
#19
I'm sure that the contributors to this thread have amply answered your question, but I'd still assure you that there is a lot of life left in the USB miner concept yet, especially in view of the comment made by WetSeals about people that would like to mine, but have very limited funds, or that made by MiningSensei about how he built up his hashing power ....

Our company will shortly be offering a 100GH/sec capable USB miner (to get that it has to use the included AC adapter) at substantially under US$75, and no, that's not a misprint. 100 GH/sec at under US$75.

Does that proposition make sense to you?

This is awesome! BUT! U r telling to people that hey r stupid scammers. So... U r a scammer! Why?
1. No profit to your "company".
2. U r blaming others.

So, if your words r true, plz provide some samples to bitcointalk users for tests and overviews. That will be a nice advertising and people will b standing in queus to buy some miners from u, because it sounds like u r the most awesome miners producing company.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
April 05, 2014, 11:52:13 PM
#18
Our company will shortly be offering a 100GH/sec capable USB miner (to get that it has to use the included AC adapter) at substantially under US$75, and no, that's not a misprint. 100 GH/sec at under US$75.

That's a very bold statement. You've got my attention. Will look forward to the official announcement.
full member
Activity: 238
Merit: 100
April 05, 2014, 06:20:28 PM
#17
Oh, it's legit all right. You'd have to be a very brave or terminally stupid scammer to make this up. When you read our proposition you can make up your own mind.

Sounds awesome man, I look forward to it.
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