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Topic: Closed - page 4. (Read 19471 times)

donator
Activity: 686
Merit: 519
It's for the children!
January 28, 2014, 05:28:12 PM
I would buy at least a gross of these if they meet 100-150% the cost of a gpu per khash maybe even 200-500% or more.

If you have "a couple" of miners in your farm or you are managing a few rigs zip tied to cardboard in the corner these are likely far to expensive.  If you have a few racks of equipment or a few rooms of equipment you can start to see the potential in the reduced footprint alone that these offer.  

The same as asics did with GPU's for sha256.  We could stack a crapload (something like 20x hashpower just on BFL FPGA's) of asics in the same space we used to have a box of 6 GPU's.  

GPU's have followed a very defined wave cycle of supply/demand with card model releases sprinkled in for the 6x 7x and now Rx series.  It's doubtful that trend will end anytime soon as it follows most mainstream trends in computing power allocation.  I could definitely see the next boom in scrypt mining coming from these FPGA/ASIC projects which will then flood the market with GPU's and move us into the next cycle.

Now how to get in front of it?

Here's a tip: When the GPU market gets flooded with used cards and stock levels start remaining stable with retailers.  Just hold your GPU's in a box for 3-12Months.  Then sell them off for similar prices to the current bubble.
sr. member
Activity: 406
Merit: 250
January 28, 2014, 05:19:51 PM

What?  You don't want to spend $100 for something that can hash at a whopping 70kH/s !?

I'd buy 10 of these and trade them for a 7950...  *does maths* wait... Lips sealed
legendary
Activity: 1974
Merit: 1003
January 28, 2014, 05:17:13 PM
hero member
Activity: 560
Merit: 504
I know the voices in my head aren't real.
January 28, 2014, 05:14:24 PM
I read an article on cryptonews about these today
http://www.dualminer.com/DualMiner-USB_p_16.html
newbie
Activity: 52
Merit: 0
January 28, 2014, 03:48:34 PM
You do realize they already sold a batch @ $66 USD right? I'll wait and get them from the manufacturer for $100 per like I said.

Thanks again for your input.
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
January 28, 2014, 03:38:33 PM
The price on these is absolutely retarded.. We'd all be better off paying .4 for block erupters, or just buying an S1, 2 GPUs and throwing away the extra 1 or 2 BTC.

I'll buy as many as I can when they come out for the realistic price point of $100 per unit. Until then, please everyone be stupid enough to buy these so I can soak up all of the profitable hardware out there.

sigh, please do a little more research before throwing your "opinion" around.  12 days registered and you are an expert huh?  Well I will buy these, and your so called more profitable hardware and be happy and make a lot of money.

I like how people do either
a) no research and spout information like they know things
or
b) research but give no cognitive thought to their findings and spout information like they know things.

Either way it leads to posts like the above.  Thanks for your contribution.
newbie
Activity: 52
Merit: 0
January 28, 2014, 03:30:17 PM
The price on these is absolutely retarded.. We'd all be better off paying .4 for block erupters, or just buying an S1, 2 GPUs and throwing away the extra 1 or 2 BTC.

I'll buy as many as I can when they come out for the realistic price point of $100 per unit. Until then, please everyone be stupid enough to buy these so I can soak up all of the profitable hardware out there.
sr. member
Activity: 406
Merit: 250
January 28, 2014, 02:59:26 PM
Agreed.

but those chinese ASIC discussed in this thread are not evolved enough to replace gpus. in future ASICs will replce gpus.


Will they?  Or will a new algo replace Scrypt?

newbie
Activity: 14
Merit: 0
January 28, 2014, 02:55:37 PM
your comparison is wrong. look at the first post of this thread. this ASIC is just a little bit energy efficient and generate just a little bit less heat than gpus. But the asic is two times expensive than gpus.
and remember, gpus have a second hand market.
The energy efficiency advantage isn't small— it's similar to the improvement early Bitcoin asics achieved over GPUs— and don't forget the secondary costs (PSUs, motherboards and slots, etc.) that these miners will reduce.  The price is a product of the manufacturers pricing of an exclusive bleeding edge part— these are not chips which costs more to produce than GPUs by any means— even absent competition you can expect the pricing to eventually achieve whatever amount allows them to sell a metric boat load of them and the power efficiency will drive GPUs out of the market. This is my prediction at least.

GPUs had their advantages but they did for Bitcoin too, the story is pretty similar and GPUs are irrelevant today for SHA256 mining.

Agreed.

but those chinese ASIC discussed in this thread are not evolved enough to replace gpus. in future ASICs will replce gpus.

sr. member
Activity: 406
Merit: 250
January 27, 2014, 04:30:29 PM
GPUs had their advantages but they did for Bitcoin too, the story is pretty similar and GPUs are irrelevant today for SHA256 mining.

Yep.  So a new coin will come out with a new algorithm because we can't let our GPU farms die...

Cheesy
staff
Activity: 4284
Merit: 8808
January 27, 2014, 04:27:35 PM
your comparison is wrong. look at the first post of this thread. this ASIC is just a little bit energy efficient and generate just a little bit less heat than gpus. But the asic is two times expensive than gpus.
and remember, gpus have a second hand market.
The energy efficiency advantage isn't small— it's similar to the improvement early Bitcoin asics achieved over GPUs— and don't forget the secondary costs (PSUs, motherboards and slots, etc.) that these miners will reduce.  The price is a product of the manufacturers pricing of an exclusive bleeding edge part— these are not chips which costs more to produce than GPUs by any means— even absent competition you can expect the pricing to eventually achieve whatever amount allows them to sell a metric boat load of them and the power efficiency will drive GPUs out of the market. This is my prediction at least.

GPUs had their advantages but they did for Bitcoin too, the story is pretty similar and GPUs are irrelevant today for SHA256 mining.
newbie
Activity: 14
Merit: 0
January 27, 2014, 03:28:33 PM
I think I will be waiting for dense Gridseed based hardware, but nice to see them in the wild at least.

For those defending GPUs as more profitable:

GPU:

Energy hungry
Hot
Hard to scale at a point without industrial cooling and power
Less up-front cost, but long term pain due to the above

ASIC

Energy efficient
Much less heat
Easier to scale (Simple USB hosts compared to also needing an entire PC to run multiple GPUs)
More up front cost, but savings in the long term due to the vastly increased efficiency.

Pluses and minuses as with all things. Anyone spouting off about how GPUs are so much superior are not considering all points.

I am looking forward for better Scrypt ASICs. But this ASIC will not replace GPUs.

your comparison is wrong. look at the first post of this thread. this ASIC is just a little bit energy efficient and generate just a little bit less heat than gpus. But the asic is two times expensive than gpus.
and remember, gpus have a second hand market.

i'll be waiting for a better asic with less power and more mh.
full member
Activity: 168
Merit: 100
January 27, 2014, 03:25:04 PM
All I see are some coolers with photoshoped LEDs

pretty much what I see. looks scammy.
Demo units have shipped out to gmaxwell, Beastlymac, and bobsag3.  They'll review them, and then we can make an informed decision.  
legendary
Activity: 1344
Merit: 1004
January 27, 2014, 03:16:10 PM
All I see are some coolers with photoshoped LEDs

pretty much what I see. looks scammy.
hero member
Activity: 1218
Merit: 500
BintexFutures
January 27, 2014, 05:26:12 AM
CAUTION.

I have been talking to Gridseed about these and they have made an official statement that there are as yet no official distributors. We have put in an application to be a UK distributor

You can read a list of distributors when available on the DigInForce Forum

It's Chinese but Chrome will translate for you

http://bbs.diginforce.com/forum.php?mod=viewthread&tid=17&extra=page%3D1

Here is their quote

Quote

 1, before Gridseed official announcement on the official website of the official sales of the product release, all current online (including Taobao) declared that "pre-sale", "notice", "spot" of institutions and individuals are fake.


send any money out at your own risk
sr. member
Activity: 356
Merit: 250
Dock.io
January 27, 2014, 04:55:49 AM
I want to order the 20 unit set = LA6M  --->   Please reserve one for me, i definitely want it!
sr. member
Activity: 282
Merit: 250
January 27, 2014, 04:22:23 AM
I am in for at least the 10 unit package if you can accept escrow.

Please PM once units are in hand. Will pay with BTC.
full member
Activity: 196
Merit: 100
January 26, 2014, 09:49:23 PM
how much it cost to build 3mh/s rig ?
100gh/s at 2.7 price not worth we talk about

but very good idea combine 2 miner. wish you good luck!
member
Activity: 91
Merit: 11
No banking,Only Bitcoin!
January 26, 2014, 09:05:54 PM
Interested
legendary
Activity: 1974
Merit: 1003
January 26, 2014, 08:01:20 PM
Sad to say this looks pretty fake. All I see are CPU coolers with photoshopped LEDs. This is why I could mine, so much safer :3

go back to your cave noob ...
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