I came across these USB miners recently on my feed. They were pushing this hard by mentioning that current block rewards are 3 BTC. So, if I’m looking to get into this just for the lottery aspect, is it actually worth it? Or do traditional lotteries give better odds than these small bitcoin miners actually hitting a block?
total garbage it does 75mhs
good sticks do 1th
a th is 1000gh
a th is 1,000,000 mhs
so that garbage has 74 shit ass shovels
when you can buy ones with 1,000,000 shovels
it is so bad that all sellers of that should be hunted down and put in prison.
the one below is
99 dollars hardly burns power.
https://altairtech.io/product/nerdnos/
this one does 110gh which is 110,000 mhs and gives info.
this is 250
https://altairtech.io/product/gekkoscience-mein-coffee/
does 700,000 mhs uses 23 watts
USB miners are too weak, avoid them at all cost.
Facts that you need to know about Bitcoin "Lottery mining" like you called it.
Focus on the hashrate of the hardware, the higher the hashrate the better.
Even with higher hashrate you might never solve a block.
Cheap electricity will bring you good feeling.
If your electricity is expensive don't bother to solo mine.
Your small mini miner can die on you before you solve or block or never solve a block.
Have it in mind that solo mining Bitcoin can be a total waste of time even if your electricity is almost free.
I am glad that you understand that part of "Lottery Mining" which means you might never solve a single block, if you still want to proceed you should look for solo miners that have 5TH and counting. You can start with one of this bad boys and add more as time goes by.
It depends on hashrate and expected hashrate/difficulty growth. But with that USB miner (that have 75 MH/s speed), you definitely have more chance with traditional lottery (even if you refer to match 5 powerball that have odds 1 in 292 million).
It's not fully true, GekkoScience used to release USB miner with much better hashrate (than one shown by OP). Their Compac F was frequently mentioned on this board, which have >300GH/s.
I'd try solo mining with a hashrate of 100 THash. There's no point in using equipment with less than 1 THash right now. You could try using an old ASIC with 10-14 THash, but you'll have to pay for electricity. There are no cheap lotteries in mining.
Well it's complex a bitaxe can do 1th. Mine does 850gh it is under clocked.
Every fucking block made i have a shot to hit it but it would take a really long time with average luck
1 th makes about 4 cents a day
A block is 280,000 dollars
So 7,000,000 days days at 4 cents is rounded math for a block that is 20,000 years cost of 200 to buy it and 7 cents a day.
But if you mine bch 1500 dollars is the block and that mean 75000 days for a block or 200 years. At 200 for the bitaxe and 7 cents a day.
A warning for other reader, oneminers dot com is a probable scam mining company. If you see his post history on https://bitlist.co/search?content=oneminers|asicprofit|minerboxes|pcpraha&author=serchan&limit=20&sort_by=date_desc, this user known to shill oneminers and related service where moderator delete some of the shill post.
P.S. To other member, consider reporting his post while using bitlist.co link as reference/proof.