I bought a couple of ASICMiner block erupters off eBay for about $40 each. They do 335kH each.
Decent enough to get you started in pool mining on any SHA-256 currency, I think BitCoin has just too high a barrier to get into right now but that's just my 2 Lincolns
Plus if you're new to all this (like me
) It's best to keep your investment low until you know what you're doing with a command line and compiling code.
I think even to pool mine BTC you would need a minimum of 5gH just to even make it psychologically viable. But I'm a newb at this and it's just my Google-ated guess.
Decent enough to get you started in pool mining on any SHA-256 currency, I think BitCoin has just too high a barrier to get into right now but that's just my 2 Lincolns
Plus if you're new to all this (like me
) It's best to keep your investment low until you know what you're doing with a command line and compiling code.I think even to pool mine BTC you would need a minimum of 5gH just to even make it psychologically viable. But I'm a newb at this and it's just my Google-ated guess.
Its better to not waste potential investment money just buying hardware because you want to. Wait for a good opportunity and jump on it, usb block erupters are not one of those. Also you dont need any minimum amount for pooled mining, that's the whole point of pooled mining...
I agree with that, but i have noticed a big difference in my pool share when my Hashrate increased from CPU mining to using these little ASICs. The novelty of mining 0.000000123546/hr wears off pretty quick. But it's for psychological reasons, I'm personally not in this for the money right now, I think any newb needs to figure out what to do, how to do it and get good at it. Then invest for the money.
I personally think for anyone starting out dropping $100 for testing stuff and figure out what you're doing and have some fun learning to be a good miner is a far better investment than dropping 5 Large on equipment with a 92 degree learning curve. The pressure of having dropped a huge chunk and trying to recoup your investment 10 minutes ago seems alot less fun.