Building your own ASIC USB miner - Cryptocurrencies

Block Eruptor Cube

I'm expecting a pretty hefty tax return this year and I am also interested in crypto mining. I believe in supporting the networks and would like to buy into Bitcoin but my particular circumstances make it difficult to simply buy them directly.
Right now I am interested in mining altcoins and trading for BTC. Currently I'm mining Terracoin on a 1.6 Gh/s Antminer but this is obviously getting me pretty much nowhere in terms of earning coins.
Enter the tax return. Amazon is listing several Block Eruptor Cube rigs between $340 and $428.
What are your thoughts on these? I'm thinking of buying one with the return. Alternatively I could buy two, or buy one and buy parts to build a decent scrypt miner (thinking of 3 Radeons, 4 GB RAM, simple dual or quad core CPU and a optical drive and small HDD with a Linux OS and KVM switch so I wouldn't need another monitor).
I checked on Coinwarz and found a profit of about $6/day with 61,600 Mh/s and 402 watts/day at $0.15/kWh with 1 BTC earned in 2 1/2 months at current difficulty if mining Continuumcoin (which I have never looked into so no idea what the longterm outlook for that might be). This obviously is a scenario with 2 Block Eruptors and the Antminer.
What do you think of this setup? I've heard nightmare scenarios with these cubes - melting, catching on fire; but also good things - profitable mining at a relatively affordable hardware cost. Would I be better off investing in the cubes or a scrypt setup?
submitted by demonoid_rat to CryptoCurrency [link] [comments]

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This entry was posted in Mining Rigs and tagged Bitcoin mining rig, bitcoin mining with two 7970s, mining hardware, Mining Rig, mining rig hardware, mining with 7970s, r7970 rig on April 17, 2013 by Coinosphere. Avalon Batch 3 News Bitcoin uses SHA-256 as its proof-of-work scheme, but there are a few other major alternatives of Bitcoin that use SHA-256 and can be mined the same way as Bitcoin and with the same hardware including the specialized Bitcoin ASIC hardware miners. These are Namecoin, Devcoin, IXCoin, Freicoin, Peercoin, Terracoin, Zetacoin and others. Great profits won’t be made anymore with this rig but to start doing some mining on SHA-256 based currencies like Bitcoin, Terracoin, PPCoin or Freicoin it is an affordable solution. GPUs are inferior in these days compared to any of the FPGAs or ASICs and pretty much all ASIC suppliers out there with powerful hardware have long delivery ... How can the TerraCoin (TRC) mining profitability be calculated You can use this tool and input all the parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage (the pool which you are going to join in the mining), difficulty of the TerraCoin (TRC) network, amount of blocks rewarded, price of TerraCoin (TRC) and once you click calculate ... Released in November 2017, the Antminer s9 mines coins under SHA-256 hashing algorithm which includes minable coins like Peercoin, eMark, Joulecoin, Bitcoin Cash, Curecoin, Unbreakable, Acoin, Terracoin and Crown. It can also mine Bitcoin through a Genesis or Hashflare mining contract. Let’s look at the projected earnings.

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How to Build a Crypto Mining Rig - YouTube

Over the past 12 months, through much trial and error, and on a DIYer budget, I have built up an 8kW capacity solar powered cryptocurrency mining farm. It is... WANT FREE STOCK FAST? CLICK LINK And CLICK "SIGN UP NOW"! 💲💲💲 http://join.robinhood.com/jareds7 ALL VIDEOS ARE ONLY REPRESENTATIVE OF MY OPINION. ONLY INVEST... Learn how to mine your very own Cryptocurrency! In the video, we go over the tech you will need and how to put all the pieces together. There's many ways to ... What are the BEST BITCOIN MINING RIGS in 2020?! Let's review the best Bitcoin miners and their profitability. Bitmain just released the Antminer S19 and S19 ... Here's the first part in the series on how to build the best RGB-laden (or not, it's a free country) mining rig possible. We got part selection up first toda...

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