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Topic: Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC - page 12. (Read 107972 times)

legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
It's win win.  If LTC follows BTC price pattern when ASICs come out then any coins you mine now with GPUs will be worth 10 times more.  If it doesn't then without the big price increase ASICs will not be worth buying and will either not be a factor or force the manufacturers to sell them cheap.
newbie
Activity: 19
Merit: 0
GPU-mining still have several months of profitable mining even with the diff going up.
And as long as you can sell your gpu's when you feel they have outlived their purpose you will have good chances of getting your return of the investment and a profit out of it in the end.
legendary
Activity: 1015
Merit: 1000
is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks

No, gpu mining is nowhere near dead. There are no commercial scrypt asics. The gpu mining game is running very strong right now.

did you see Next Difficulty:4,146 (+5.45%) it will be dead soon , i wish there GPU mining only .




There are what, 100 other coins and new ones popping up every day? If you are trying to make money mining, you need to put a little effort in. Thanks for the predictions though? Difficulty goes up, you get more GPUs, you earn more coin.... Not that hard.


thanks for your reply , i know there is 100 and may be coin out there but did you see PPC and other SHA-256 coins there Difficulty went up when bitcoin went up to , i think we need GPU only coin ,


again  this is my toughs Smiley .
sr. member
Activity: 378
Merit: 250
is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks

No, gpu mining is nowhere near dead. There are no commercial scrypt asics. The gpu mining game is running very strong right now.

did you see Next Difficulty:4,146 (+5.45%) it will be dead soon , i wish there GPU mining only .




There are what, 100 other coins and new ones popping up every day? If you are trying to make money mining, you need to put a little effort in. Thanks for the predictions though? Difficulty goes up, you get more GPUs, you earn more coin.... Not that hard.
legendary
Activity: 1015
Merit: 1000
is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks

No, gpu mining is nowhere near dead. There are no commercial scrypt asics. The gpu mining game is running very strong right now.

did you see Next Difficulty:4,146 (+5.45%) it will be dead soon , i wish there GPU mining only .


sr. member
Activity: 378
Merit: 250
is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks

No, gpu mining is nowhere near dead. There are no commercial scrypt asics. The gpu mining game is running very strong right now.
legendary
Activity: 1015
Merit: 1000
is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks
full member
Activity: 238
Merit: 100
So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
Do you think all sticks assembled will collect dust while waiting for their lucky owner?
Do you think that thousands of chips produced will patiently  wait to be transformed into USB sticks
I don't



If someone wants to pay for it, sure full steam ahead,  esp the people who have high kWh numbers.   I won't.  You get no warranty from this manufacturer making the USB chips and try to resell it? You got a nitch market you gotta deal with.  Video cards are easy to resell.
Me either but it does not matter because there are no rules anymore in OTC mining
Welcome to btc ASIC world guys Cry

ya Sad
legendary
Activity: 1610
Merit: 1000
So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
Do you think all sticks assembled will collect dust while waiting for their lucky owner?
Do you think that thousands of chips produced will patiently  wait to be transformed into USB sticks
I don't



If someone wants to pay for it, sure full steam ahead,  esp the people who have high kWh numbers.   I won't.  You get no warranty from this manufacturer making the USB chips and try to resell it? You got a nitch market you gotta deal with.  Video cards are easy to resell.
Me either but it does not matter because there are no rules anymore in OTC mining
Welcome to btc ASIC world guys Cry
full member
Activity: 238
Merit: 100
So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
Do you think all sticks assembled will collect dust while waiting for their lucky owner?
Do you think that thousands of chips produced will patiently  wait to be transformed into USB sticks
I don't



If someone wants to pay for it, sure full steam ahead,  esp the people who have high kWh numbers.   I won't.  You get no warranty from this manufacturer making the USB chips and try to resell it? You got a nitch market you gotta deal with.  Video cards are easy to resell.
legendary
Activity: 1610
Merit: 1000
So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
Do you think all sticks assembled will collect dust while waiting for their lucky owner?
Do you think that thousands of chips produced will patiently  wait to be transformed into USB sticks
I don't
But if you do there is nothing to be afraid of except diff going to the moon nothing ele
newbie
Activity: 16
Merit: 0
[...]
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD
[...]

Since one USB device does 300 kh/s you don't need 12 of them to reach 720 kh/s Tongue

sr. member
Activity: 457
Merit: 250
So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.

I pay 0.25$/kwh .. so for some, it would be a decent deal over a period of time Smiley
full member
Activity: 238
Merit: 100
So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
newbie
Activity: 19
Merit: 0
Fortunately the device is not that expensive. 1 USB unit with 5 chips is $133 and the controller is $66 so the total cost of a 20 piece system is ~$2700 (¥ 16398). http://mall.diginforce.com/goods.php?id=39


2700$ for 20 devices for 6Mhs in LTC mode only, is about 30% cheaper than equal hashrate GPU mining rig
but the great saving is power.
.........
definitely we got 30% more profit whit 30% less investiment.

so i'm sad... i just ordered my 5 gpu...
Don't be sad, gpu's have great resale-value Smiley - both miners and gamers are still in love with those nifty little chips from amd.
But I think the price is about right for that scrypt-asic miner and if they are able to provide the scene with a steady supply we'll see an even more rapid increase in difficulty and thus rendering our nice little gpu-rigs utter useless for scrypt-mining soon. Sigh.
Unless you've got some crazy deal with free power and cheap gpu's (got free power myself tho. )
member
Activity: 98
Merit: 10
Fortunately the device is not that expensive. 1 USB unit with 5 chips is $133 and the controller is $66 so the total cost of a 20 piece system is ~$2700 (¥ 16398). http://mall.diginforce.com/goods.php?id=39


2700$ for 20 devices for 6Mhs in LTC mode only, is about 30% cheaper than equal hashrate GPU mining rig
but the great saving is power.

6Mhs gpu rig use about 2100w at the wall
6Mhs asic only L mode use about 140w + 100w? (my own valutation) for alimentation of various usb strips....

8.75 times less power!!!!

coinwarz: mhs 6000 power 2100 LTC net revenue 30.15$ (italian power cost applied)
coinwarz: mhs 6000 power 250 LTC net revenue 39.11$ (italian power cost applied)
it's 29.72% more profitable

definitely we got 30% more profit whit 30% less investiment.

so i'm sad... i just ordered my 5 gpu...
lvl
member
Activity: 108
Merit: 106
some Gridseed GC3355 USB miners have been sold out,they like this:http://www.cybtc.com/article-538-1.html

now the sell  only in china,one USB miner include 5 Gridseed GC3355 chips,about $133

BTC rate:10G/S
LTC rate:300K/S

power of  BTC+LTC Mode:60W
power of LTC Mode:7W

and many coinminers have 360K/S in LTC Mode

Instructions for user:http://www.cybtc.com/thread-4950-1-1.html
sr. member
Activity: 256
Merit: 250
Because it's sterile...
Fortunately the device is not that expensive. 1 USB unit with 5 chips is $133 and the controller is $66 so the total cost of a 20 piece system is ~$2700 (¥ 16398). http://mall.diginforce.com/goods.php?id=39

The listing says 10x.  Are we sure its only one unit?

Power: 60W for one , 600W for 10pcs
rated speed :80G BTC + 3M LTC
Can mine sha256 , scrypt coin
B mode , L mode , B&L mode changeble
GC3355 chipset
10xUSB bitcoin/litecoin miner
1x controller

each device, i read here, make in double mode: 8Gh/sha and 300Kh/scrypt.
in the first post, there are specifications about hashpower of any chip.
any device has 5 cips (there is the pic about that)


10 devices costs 4,369.00 = 426.90$ each device.


member
Activity: 98
Merit: 10
The listing says 10x.  Are we sure its only one unit?

Power: 60W for one , 600W for 10pcs
rated speed :80G BTC + 3M LTC
Can mine sha256 , scrypt coin
B mode , L mode , B&L mode changeble
GC3355 chipset
10xUSB bitcoin/litecoin miner
1x controller

each device, i read here, make in double mode: 8Gh/sha and 300Kh/scrypt.
in the first post, there are specifications about hashpower of any chip.
any device has 5 cips (there is the pic about that)


10 devices costs 4,369.00 = 426.90$ each device.

legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
The listing says 10x.  Are we sure its only one unit?

Power: 60W for one , 600W for 10pcs
rated speed :80G BTC + 3M LTC
Can mine sha256 , scrypt coin
B mode , L mode , B&L mode changeble
GC3355 chipset
10xUSB bitcoin/litecoin miner
1x controller
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