Why are USB 333Mh/s BTC miners selling on ebay?

in #bitcoin7 years ago

I am seeing 333Mh/s SHA256 USB miners selling on Ebay for pretty decent prices ($25).

Why are buyers purchasing these devices? They don't appear to be profitable (.02 cents a day?) Am I missing something with these? It seems like difficulty of pretty much every coin passed these by a long time ago.

Is this a sign that the Cryptocurrency is reaching a larger audience and people are just buying a cheap ASICs to learn about it without the expactation of profit?

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The main reason they sell is the simple one: There is a sucker born every minute. People sell them to people that don't know any better. Another reason people still buy them is it's like buying a lottery ticket. There is that one in a very huge number you will find a block and with solar power you can let them run forever. They are still usable on other coins and probably testnet but I'm sure s1-s5 are heavy on those coins now.

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