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Quote from: chynnc on July 08, 2014, 12:12:34 AM

I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.

Good to play with if you want to mine for a little project. But USB's stick miners are pretty much not for profit.

is any miner really for profit? Cheesy

Not much, you have to invest a lot and have cheap electrical cost. Mining is really all for big miners now, small miners are already out of the game.

I don't understand how can even they make profit

I mean, if they have free electricity
and mining exceeds the price of electricity

wouldn't it be more profitable to sell the electricity?

Is this even legal? If you have free electricity, but some ASICs and since you do not count electrical cost into your final calculations, your profit would be a lot more, more than selling electricity.

how can it be more then selling electricity
if you can't break even when paying electricity Cheesy

is it legal?
I don't know about other countries, but here you can directly sell electricity to your electrical provider, the equipment for that however costs around 2000$

A kW would cost a few cents when sent to your provider. However, in a kW of power, you can mine even more amount of BTC. After some time, you can also choose to sell the ASICs.

if that is true, how is it not profitable to mine while paying electricity?

You have to minus the electrical cost when you are calculating profits. The cost can be quite high if your electricity isn't cheap. You might not be able to ROI if you also have to count cooling and ASICs equipment electricity cost.