Blade erupter bitcoin minerva
Sponsored products related to this item What's this? Blade team erupter different types of services such as: 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. 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.
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. 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. 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.
January 31, , That's only for the first generation miners. HI, I received my block erupter blade yesterday and I hooked it up and it minerva for about 2 minutes then restarts. Sorry, reread that message, you can use Internet Connection Sharing to accomplish this as well: Your erupter has blade be the same bitcoin i. Bitcoin need a different worker for each blade workers are set on the mining pool website See https: If there is a blade alt coin out, this is erupter the place to discuss or promote it.
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The interface seems pretty basic. Is there another menu I can get to that shows more info? Full Member Online Activity: What platform Windoze, linix, pi, etc and what software are you using? Also, the blade uses its own config software since its standalone and doesn't require a computer.
As a side note I checked the voltage and it does look like the company I got it from upped the voltage so I wonder if that is part of the issue. They sent 2 decent fans that were much bigger then the stock fans so and they say it can be clocked to 13gh so I'm not sure if that caused the issue.
So this issue is resolved. It turns out since I didn't setup a stratum proxy it wasn't hashing properly and it would just restart because of it.
Once I got one up and running the problem went away. Now its hashing at 12GH with no issues.