Although a little overpriced, these little beauties are in demand so the price is reasonable considering that fact. It would be better to put them in some sort of ice box. You can also explore the Bitcoin Wiki:. See questions and answers. Get fast, free shipping with Amazon Prime.
Not only are they more powerful, but they would be more expensive to ship. This subreddit is not about general financial news. And hobbies that involve double SHA hashing. A single mm fan would give more air flow, last for years and cost less. NI Switch Executive v3. Sponsored products related to this item What's this?
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Blade team erupter different types of services such as: Buying an ASICminer usb miner allegedly will take 10gh/s years to earn back it's money. Perhaps he plans on ebaying them or something though. I think he bought them for 72BTC and expected return is probably less than ohio he invested. This adds additional value even in a Forex type trading. More than 30 symbol libraries Asicminer DWG format Customizable work environment Minerva and user friendly interface Customizable grids and bitcoin guidelines Excellent compatibility with machines Latest Content librarian and symbol libraries File reading and processing from other autodesk products Operating Systems win XP, win Vista, win 7, win 8, win 8. See all customer images.
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It astounds me that people just can't come up with a price for their products. If you want an auction use eBay. Full Member Offline Activity: May be you want to read kano's post in that thread https: SebastianJu on April 17, , Eventually there would be no block subsidy and mining will purely earn transaction fees.
TradeFortress on April 17, , But after that time the miner has its investment back, which means everything you mine after that time is pure profit.
And if youre lucky the BTC. Which gives you way higher revenue then. The buying price doesnt matter at that point anymore. No, I didn't factor in electricity costs, just the hash rate. If you were lucky. This site has a pretty reasonable calculator. Plugging those numbers into that site, setting Electricity rate to 0, and leaving the profitability decline alone, it says days to break even. So I suppose it's possible? This is the right way to go about it - by far the most important variable is the rate of growth of the total network hashing power.
According to the rather crude script I wrote, if one assumes growth of 0. Right I see your point, if I'm banking on Bitcoin to go up in order to break even I might as well just buy more bitcoin.
I also saw that group buy but decided to go with ASIC chips instead. I got 20 for 1. This is the group buy: And this is a list of miner developers with pricing: Those things are being sold at a price that basically gives all the profits over to the seller up-front.
You may actually never reach ROI with these devices I think this is great. It's his money, let him choose what to do with it. If he bought this many USB devices I'm sure he was aware of the blades being available for purchase. He could have been a group buy coordinator as well and wanted a little fun before he sent the devices out. Props to this guy for a creative and interesting setup. So if the math holds then you're looking at maybe 9.
Of course you have to balance that against the cost of electricity, but that should be pretty tiny for ASICs. Megahash per second or in other words, how many millions of hashes per second. As much as a was of money as this may turn out to be That's gotta be worth something.
Each USB miner costs 1. It looks like he has 36 of them, so an initial cost of 1. This will generate 0. If he were to cash out at a higher rate which it's projected over time, of course , he should make out with even more.
If you factor in that bitcoins will be worth more, then you can just skip the mining bit and just speculate on the currency. But remember, as difficulty increases, your payout decreases. So it might go up, down, or sideways. Too high and not good. May or may not make that back, but probably not. I think he bought them for 72BTC and expected return is probably less than what he invested. These are barely economical right now, and soon the difficulty for mining is going to rise, and then these won't be economical at all.
It would be better to put them in some sort of ice box. This is a really good point. And since the fridge isn't designed to have a heating element inside, it might not even be able to cool them back to room temperature. The fans in the picture are enough. A single mm fan would give more air flow, last for years and cost less. I think it would be almost painful: This is coming from a guy who owns an Avalon.
So yes I'm sure he has a ton of BTC just lying around to do this with. To think of what I had to go through to get nowhere near this hashing power with the old way of mining. Box fans stuck in weird places. Fans on the cards breaking and the card frying, pieces of cardboard stuffed between my cards to space them out. My house degrees. Would someone be able to explain this? I have no idea what this is, along with bitcoin.
All the bullshit people get for making their own decisions is ridiculous. What USB hubs are those and what are those fans? Please feel free to PM me amazon affiliate links. If these early adopters are trying to make us jealous Seriously, I'd pay back the cost of one of these miners over time.
It's the single chip Klondike. Whatever, what's a meaningful return from a set up like that. This is a great calculator that you can play around with and has variables for nearly everything. I can see now, plugging in numbers that if that setup really cost 72btc then it's not really going to pay for itself. Difficulty could easily outstrip power costs after a year of on-lining ASICs, at which point it will literally never pay for itself.
Right now I'm getting around. It's constantly falling as hashing power is added, and there are more noticeable drops at each difficulty increase, which happen every two weeks.
A miner can keep adding hashing power to maintain their income, or plan to let the productivity decrease with time. Use of this site constitutes acceptance of our User Agreement and Privacy Policy.
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Welcome to Reddit, the front page of the internet. Become a Redditor and subscribe to one of thousands of communities. These ASICs are a good unit to test the waters with, but you'll quickly be wanting some more speed.
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