FS: Bitcoin ASIC MINER - USB Device x4

Welcome Guest.

You haven't logged in yet. If you don't have an account you can register now.

To post in this sub-forum you must have made 100 posts or have Trust status or have completed our ID Verification

Forums › Offers and Wanted › FS: Bitcoin ASIC MINER - USB Device x4

Psilan

856 posts

Ultimate Geek

#119650 9-Jun-2013 10:29

http://www.trademe.co.nz/Browse/Listing.aspx?id=602323315

I have 4 of these. The above is a $1 reserve listing.
The other 3 are also listed.

Block Erupter USB
Weight: <100 grams
Processing power: ~336 Mh/s
Electric current: ~510mA
Mining protocol: Icarus

Voyager referral - https://refer.voyager.nz/68QKJ8XKK

1 | 2

6018 posts

Uber Geek

Trusted

Geekzone

Lifetime subscriber

#832926 9-Jun-2013 10:29

Hey, have you listed a price, location and how much shipping would be to other parts of New Zealand? Also if you are asking for a PM make sure your Privacy settings allow your account to receive PM otherwise people can't contact you.

I am the Geekzone Robot and I am here to help. I am from the Internet. I do not interact. Do not expect other replies from me.

These links are referral codes: Sharesies | Mighty Ape

freitasm

BDFL - Memuneh
79250 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#832940 9-Jun-2013 10:59

Can you join any pool with those or only their own pool?

How do you get paid (as in do you have a website to check your balance and send to your account/wallet)?

How much each if not on Trade Me?

Psilan

856 posts

Ultimate Geek

#832945 9-Jun-2013 11:08

Yes you can add to any pool the same way you can with any mining device (fpga/gpu/asic).
Most people run CGMiner. I'm sure the easy to use Java based Bitminter https://bitminter.com can use them, but I have not tested. If it doesn't now, it will soon.

I used to use Bitminter with my other miners, just because it's so easy to use, and very stable.

Easiest way is to set up a online wallet here: https://blockchain.info/wallet/

I'm not sure how much I want for them. I have the $1 reserve one, and 3 others.
I paid maybe $330-360 each in an early group buy.

Voyager referral - https://refer.voyager.nz/68QKJ8XKK

Psilan

856 posts

Ultimate Geek

#832961 9-Jun-2013 11:53

http://rdmsnippets.com/2013/05/29/setting-up-asicminer-block-erupters-on-windows-7/

Better guide.

Voyager referral - https://refer.voyager.nz/68QKJ8XKK

freitasm

BDFL - Memuneh
79250 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#832993 9-Jun-2013 13:00

$300 is expensive. If this was something around $50 I'd think of it. The return in one of these is almost non-existent compared to the investment.

Psilan

856 posts

Ultimate Geek

#833032 9-Jun-2013 14:48

Nobody would ever sell one of these to you for $50.

Nice exaggeration on return. It's $34.80 per month right now, also with resale value.
Yes difficulty will rise, but so will the BTC price.

Voyager referral - https://refer.voyager.nz/68QKJ8XKK

freitasm

BDFL - Memuneh
79250 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#833071 9-Jun-2013 16:07

I know people won't sell for $50. But that's how much I think one of these are worth. A $34.80 return a month? Is this discounting energy usage?

Equinox IT

Cloud spending continues to surge globally, but most organisations haven’t made the changes necessary to maximise the value and cost-efficiency benefits of their cloud investments. Download the whitepaper From Overspend to Advantage now.

Psilan

856 posts

Ultimate Geek

#833075 9-Jun-2013 16:09

It's ~2.5 Watts.

Voyager referral - https://refer.voyager.nz/68QKJ8XKK

freitasm

BDFL - Memuneh
79250 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#833076 9-Jun-2013 16:10

Plus the machine running it, surely. Unless you already have a 24/7 machine you can't reach that return?

Psilan

856 posts

Ultimate Geek

#833087 9-Jun-2013 16:20

There are plenty of low power devices to run miners off.

Raspberry Pi at ~2 Watts idle for example.
There are also routers you can run miners off which are very low power.

Voyager referral - https://refer.voyager.nz/68QKJ8XKK

kiwijunglist

2981 posts

Uber Geek

ID Verified

#833094 9-Jun-2013 16:30

freitasm: I know people won't sell for $50. But that's how much I think one of these are worth. A $34.80 return a month? Is this discounting energy usage?

Average Electricity Price in NZ: 27c kilowatt/hour

Cost to run for 1 year = $5.91

Bitcoin revenue = $417.60

Return on investment if sold after 1 year.
if bought for $50 = 922%
if bought for $300 = 237%
if bought for $4000 = 10%

Assuming capital value of device doesn't decrease over the year.

HTPC / Home automation (home assistant) enthusiast.

freitasm

BDFL - Memuneh
79250 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#833095 9-Jun-2013 16:34

Only if you have a PC that is powered up. So add this to cost as well.

kiwijunglist

2981 posts

Uber Geek

ID Verified

#833097 9-Jun-2013 16:36

freitasm: Only if you have a PC that is powered up. So add this to cost as well.

Internet router already running using USB port to connect - Add $0 to power cost
(or) Rasperbery Pi always on - Add ~$6 to power cost

So we can easily adjust for this using additional cost of having a Pi running.

Return on investment if sold after 1 year.
if bought for $50 = 910%
if bought for $300 = 235%

Not a big difference in the numbers...

HTPC / Home automation (home assistant) enthusiast.

Psilan

856 posts

Ultimate Geek

#833099 9-Jun-2013 16:44

freitasm: Only if you have a PC that is powered up. So add this to cost as well.

I just suggested the RPi / router...

Voyager referral - https://refer.voyager.nz/68QKJ8XKK

freitasm

BDFL - Memuneh
79250 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#833149 9-Jun-2013 17:59

If you don't have those then you still have to buy. I am thinking from the perspective of someone who has nothing and want to start. The return may not be enough if you have to buy something. But if you invest in four or five of those and run of a USB Hub like the one you linked before then scale kicks in and it starts being a good proposition.

1 | 2

News and reviews »

Air New Zealand Starts AI adoption with OpenAI
Posted 24-Jul-2025 16:00

eero Pro 7 Review
Posted 23-Jul-2025 12:07

BeeStation Plus Review
Posted 21-Jul-2025 14:21

eero Unveils New Wi-Fi 7 Products in New Zealand
Posted 21-Jul-2025 00:01

WiZ Introduces HDMI Sync Box and other Light Devices
Posted 20-Jul-2025 17:32

RedShield Enhances DDoS and Bot Attack Protection
Posted 20-Jul-2025 17:26

Seagate Ships 30TB Drives
Posted 17-Jul-2025 11:24

Oclean AirPump A10 Water Flosser Review
Posted 13-Jul-2025 11:05

Samsung Galaxy Z Fold7: Raising the Bar for Smartphones
Posted 10-Jul-2025 02:01

Samsung Galaxy Z Flip7 Brings New Edge-To-Edge FlexWindow
Posted 10-Jul-2025 02:01

Epson Launches New AM-C550Z WorkForce Enterprise printer
Posted 9-Jul-2025 18:22

Samsung Releases Smart Monitor M9
Posted 9-Jul-2025 17:46

Nearly Half of Older Kiwis Still Write their Passwords on Paper
Posted 9-Jul-2025 08:42

D-Link 4G+ Cat6 Wi-Fi 6 DWR-933M Mobile Hotspot Review
Posted 1-Jul-2025 11:34

Oppo A5 Series Launches With New Levels of Durability
Posted 30-Jun-2025 10:15

Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Updates »

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

RSS feeds: Main feed; Forums feed

Site features: Geekzone BI dashboard; Geekzone Badges; Geekzone Status Page

Affiliate links: Samsung; AliExpress; Wise; Sharesies; GoodSync

Site Information: Subscribe to Geekzone; Privacy Statement; Forum Usage Guidelines (FUG); Advertising; Trademark and copyright