Amazon Sells USB Stick for €24 to Mine Bitcoin - But Your Odds Are Worse Than Lotto
Amazon has introduced a USB stick priced at €24, marketed as a tool for Bitcoin mining. Dubbed the "Lucky Miner" or "Nerd Miner," these devices can be purchased for under €30, but the chances of successfully mining Bitcoin with them are extremely low, as reported by GamePro.
The concept of Bitcoin mining has gained popularity over the years, with many believing it to be a quick way to amass wealth. However, the reality is that the success rate is diminishing, and the costs associated with mining are rising. The USB sticks are designed to be plugged into a computer and left to operate, consuming only one watt of power per hour while attempting to mine Bitcoin autonomously.
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“The probability of finding a Bitcoin block with a USB stick is akin to trying to win a Formula 1 race on a bicycle,”
As the article explains, Bitcoin operates on a blockchain system where each new block is unique and contains information from the previous block. Miners compete to solve complex mathematical puzzles to identify a new block first, earning a reward of newly minted Bitcoins. However, the competition is fierce, with countless miners using advanced technology, making the odds of success with a simple USB stick exceedingly slim.
According to calculations by PCGamer, the odds of finding a Bitcoin block with such a device are 1 in 210.7 trillion. In comparison, the odds of winning the classic Lotto 6aus49 by guessing six correct numbers plus the Superzahl are 1 in 139,838,160, and the payout is significantly higher.
In summary, while the allure of easy wealth through Bitcoin mining persists, the reality is that using a USB stick from Amazon is unlikely to yield any significant returns. The odds are stacked against users, making it a gamble that is more akin to playing the lottery.
Key Takeaways:
- Amazon's USB stick for Bitcoin mining costs €24.
- Success rates for mining with such devices are extremely low.
- Odds of finding a Bitcoin block with a USB stick are 1 in 210.7 trillion.
- Comparatively, Lotto odds are 1 in 139,838,160.
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