Oh, the wonderful world of Bitcoin mining! The very idea sounds so inviting: You use your computer’s unused computing power or you leave it plugged in to solve some algorithms while you passively rake in that sweet, sweet mystical tech-cash that everyone is talking about. All you need to do is read some forum posts and how-to-dos and you should be good to go in no time. After all, you know your way around computers, you’re everyone’s go-to computer guy, you love gadgets and you still remember a few things about Python from that programing class you took years ago. But then you start browsing your typical cryptocurrency websites and it all seems a bit more complicated than you first anticipated. It’s all ASIC miner this, AntMiner S7 that, and then you have tongue twisters like GekkoScience Compac USB stick bitcoin miner. How do you navigate all that?
Well, that’s where we come in. After a bit of background on mining terms and equipment in general, we’ll focus on the GekkoScience USB miner, a great starting point for anyone just toying with the idea of cryptocurrency mining.
The GekkoScience USB miner is a small USB device for cryptocurrency mining produced by an American company and shipped worldwide. GekkoScience was designed specifically for Bitcoin, which is why it can be used exclusively to mine SHA-256 coins.
Here is a list of GekkoScience Mineable Coins at the moment:
For practical purposes, the GekkoScience Compac USB Stick Bitcoin Miner is superior to the original Block Erupters, the first Bitcoin USB miners.
The device was not intended to make you insanely rich, as it is unlikely for you to earn more than $0.15 per month with just one GekkoScience cg miner. However, it is simple and easy to use. It is silent, unobtrusive and only needs one free USB port to work.
However, Bitcoin mining is not cheap, and even entry-level devices like GekkoScience can seem overpriced, especially with the recent surge in prices.
This is what the current GekkoScience prices look like:
If the abbreviations are confusing you, this might be a good opportunity to recap some of the things we may have already mentioned, as well as to provide a more detailed description of the GekkoScience USB miner. The SHA-256 means that the miner is designed for the SHA-256 hash algorithm exclusively. The ASIC means that it uses the GekkoScience ASIC mining hardware. The 15GH/s or 8GH/s represents its hashrate – or processing speed in simplified terms. The designation 2PAC means that it uses two chips, while BM1384 means that it has Bitmain BM1384 chips built in. The same chips are used by ASIC miner hardware such as the Bitmain Antminer S5, Bitmain Antminer s7 and Bitmain Antminer S9.
The GekkoScience USB miner is not a plug-and-play miner. In order for it to work as intended, users need to follow the instructions that come with the device. If you want to get the most out of it, you can overclock it, but you will have to use a powered USB hub to provide the additional power, as well as an additional fan to prevent it from overheating.
Just like with anything related to the cryptocurrency market, message boards and comment sections under relevant articles are flooded with questions concerning the various features and capabilities of the GekkoScience cg miner. Before you skip down and start typing, check out this section, where we answer some of the more common questions.
A: No, sorry. GekkoScience is for SHA-256 cryptocurrencies only. Litecoin uses Scrypt.
A: Again, the answer is no, since Ethereum is not a SHA-256 cryptocurrency.
A: You need a 3.0 USB hub capable of providing additional power.
A: Yes, GekkoScience works on Windows just fine.
A: Yes, before using the GekkoScience ASIC, you will have to acquire the right drivers. Try http://bit.ly/2pac-drivers, “cgminer-gekko-win32.zip”. Download the drivers and then insert the GekkoScience USB miner into the USB port.
A: Yes, there are no restrictions or drawbacks to using more than one miner.
A: Yes, you can. It’s very simple: just use the voltage screw on the board.
A: Yes, it is possible, but the amount mined is usually pretty low, so you have to wait to hit the minimum withdrawal limit. Then you can have the satoshi (or other coins) sent to a wallet of your choice.
Due to its availability and relative affordability, the GekkoScience Compac USB stick Bitcoin Miner is pretty popular, with thousands of purchases and several dozen quality reviews on websites like Amazon and eBay. All of these users had plenty of time to test it out. Having bought the miner with different expectations, some of them were happy with it, while others were disappointed. At any rate, the number of people who have already tried it out makes up a really nice test group – and one whose opinion you might value more than just empty numbers and facts.
Without further ado, here’s what the people had to say about GekkoScience:
“Works flawlessly, but if you want to overclock it, it will need 6W of power, so you can’t go without a powered USB hub honestly. I’m getting 23 GH/s with a hub.”
“If you want to get the most out of it, you have to do your research and make sure you use the appropriate software. For multiple sticks, you’ll need decent hardware and you need to be a pro at settings.”
“For enthusiasts and hobbyists, the GekkoScience USB miner is a nice little piece of hardware. No problems with setup and configuration. It is possible to overclock these little things to 500 MHz max. A bit too much for me. At 175 MHz, I can easily get between 22 and 26 GH/s. Of course, I’m also using a powered USB hub plus a USB fan. Honestly, the ROI is nonexistent, but as a learning tool, the GekkoScience is great.”
“I’m just not getting the advertised hashrate. After three days, I can get 1-3 GH/s tops. Increasing the frequency doesn’t help either.”
“I’m happy with this product. It actually works with my Raspberry Pi 3. You can use it with GekkoScience CG Miner, RPB 3 picks it up no sweat.”
“The GekkoScience Compac USB stick Bitcoin Miner is great if you’re willing to think outside the box. You have to learn how to use these USB sticks and you’ll soon see how great they are. Follow the instructions or hit up the GekkoScience official support thread. You can combine them with a Raspberry Pi and start mining without spending too much cash up front. Amazingly, the sticks run on solar power – that’s how I power mine. The price of Bitcoin will continue to grow – and not only Bitcoin, other cryptocurrencies, as well. If they don’t seem like a good investment at the moment, I’m confident that will change as cryptocurrencies surge in popularity. Get informed before you start bashing the product.”
“Not a bad little device. If you want to run it on frequencies higher than 100 MHz, you’ll need additional cooling. I upgraded it using a 20 cm aluminum extrusion, which I glued on with a thermal conductive compound. I’ve had no issues so far and I’m getting 20 GH/s at 150 MHz. Still, I don’t there’s a chance it will ever pay for itself, what with the increasing mining difficulty and the decreasing cryptocurrency prices.”
“The device is well made and works just as intended. I don’t think it’s good value, though. The GekkoScience ASIC prices range between $40 and $180. Come on. The little miner is only capable of mining 0.01 BTC over 5 years. Worth it? Not really.”
“Great for exploring altcoins. I got a couple of these and used them for Multipool mining. I mined a lot of different altcoins – not worth much now, but there’s no telling how much they may be worth in the future. If you want to learn the ropes and get started with mining, the GekkoScience USB miner is a good starting point.”
“It’s an average miner. It should be good for altcoins. I like that you can adjust the frequency very easily.”
“Even if you get three of these, you’ll still end up with nothing. If you get five, maybe you will mine a few bits of a coin, but you’ll never be able to retrieve what you mine. With your hashrate, the minimum payout required is simply out of reach. Let’s say you mine a few dollars’ worth of BTC. The current transfer fees to transfer anything to your wallet are between 3 and 5 dollars. You’ll just end up paying for fees.”
“Not really worth it. If you have a large number of them running on free power sources, you might earn a few cents. If Bitcoin skyrockets, there’s a chance your cents turn into a few dollars. That’s about it.”
“Look, it’s just basic math. On the one hand you’ve got the GekkoScience USB miner and its 15 GH/s. On the other hand, the S9 AntMiner with 13 TH/s. Still, I got 5 to mine Peercoin and have some fun. I’m not expecting to make money, though.”
“The miner is amazing. You can mine at 15 GH/s at 150 MHz. It’s just a USB miner, what more can you ask for? If you want to have fun and learn the mining process, go ahead and buy a few. You won’t regret it.”
“The device is cool enough, but with zero ROI. Simply not worth the money. I thought I’d buy the USB miner to motivate me to learn more about cryptocurrencies and to start mining. I could get my stick to run on 250 MHz on the Slush Pool. According to my Slush stats, my hashrate was around 12 GH/s. I thought those were really impressive numbers for a USB miner. There was one catch, however. All of these pools have a minimum payout threshold. My stats showed that I would reach that threshold in – wait for it – 69 years!”
“As far as USB stick miners go, these guys are fast! You can get 20 GH/s with some fine tuning or 8-10 GH/s with no adjustments at all. There’s a learning curve, but you can find very friendly and patient people on their forums willing to help you out. Just don’t expect to make a profit with these miners. When you start mining, your best bet is finding a pool that is a bit more open to newcomers and people trying things out. My advice: Zpool.”
As you can see from these user reviews, although some users ended up liking the GekkoScience USB miner, while others hated it, most of the people who bought it agree on several key points.
The GekkoScience Compac USB stick Bitcoin miner is interesting and a great learning tool if you are new to cryptocurrency mining. Also, it performs much better than any other comparable USB miner. That being said, it is probably not worth the money unless cryptocurrency prices go through the roof. Some users even compare it to playing the lottery. Nevertheless, there is one thing the GekkoScience USB miner is definitely good for: mining altcoins. If you get the hang of it, you can actually mine a decent amount of coins that may later become very popular and very valuable. In that respect, it is a great tool for exploring and for testing the waters if you are willing to take a risk and try things out. Be passionate, have faith, and you just might be rewarded.
Here you can include all available widgets.
Cryptotradingreview.com has made every reasonable effort to make sure the information provided on this website is accurate. Be aware, however, that this information is subject to change and as such may not always be completely accurate. Everything you read here should be treated as an opinion expressed by the author and not as an incentive to invest in a particular project or execute a trade in a particular manner.
Cryptotradingreview.com is also not liable for any losses that may occur as a consequence of using this website or information found on this website. Cryptocurrency trading comes with a considerable risk and is not suitable for everyone.
Cryptotradingreview.com may also have a financial relationship with companies, products and services represented on this website. We may be financially compensated if our readers decide to click on links on our website and sign up for the aforementioned companies, products and services.
The owner of this website is Next Media Corp.