What does it mean http://www.dualminer.com/Internal-Test-Only-Not-for-Sale_p_17.html
Only $0.60 for DualMiner USB ?
Only $0.60 for DualMiner USB ?
The url says "for internal test only not for sale" i highly doubt they would ship something for $0.60
Topic: Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC - page 14. (Read 107971 times)
The url says "for internal test only not for sale" i highly doubt they would ship something for $0.60
What does it mean http://www.dualminer.com/Internal-Test-Only-Not-for-Sale_p_17.html
Only $0.60 for DualMiner USB ?
Only $0.60 for DualMiner USB ?
Hey hey, anyways, let's hear what CrapTech is about to say. Too bad someone fallen under preordering it.
Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
haters will hate
https://alpha-t.net/ all the way! you get 5mh/s for only $1350
It's £1350 (GB Sterling) Which in todays rate equates to $2205 US Dollar
+ any import tax
you are in the right, Andr3wKay.
and dont forget VAT.
i reckon that Alpha-T 5Mhs device in italy will costs about 2100 euro including tax and shipping.
2 rigs whit 7 R9 280x for same hashrate, will costs about 3000 euro.
great difference in power consumption. 100w for alpha-t device, 2000w for rigs....
actually alpha-t device is the best choice without dobt.
but we dont know for sure if it is a scam or if it real and legal, and, if real, when they start to delivery on large scale.
really, i'm looking to build a 5gpu mining rig, but now i have a lot of dubt.
Hey hey, anyways, let's hear what CrapTech is about to say. Too bad someone fallen under preordering it.
Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
haters will hate
https://alpha-t.net/ all the way! you get 5mh/s for only $1350
It's £1350 (GB Sterling) Which in todays rate equates to $2205 US Dollar
+ any import tax
my automatic translator for this site: http://www.cybtc.com/forum.php?mod=viewthread&tid=4792&highlight=gc3355
say that: Chip: Gridseed GC3355 X 5, so i think every device, has 5 chips inside.
there's a lot of pics in this chinese forum, and my traslatror sayd that first 400 devices are sold in paket of 10 devices to 3 groups of people of that forum, who, substancially, should be testing this beta device.
there aren any price.
only in an other forum a guy talk about price of 8200 rmb. thats the font:
http://www.reddit.com/r/litecoinmining/comments/1vbj65/gridseed_releases_script_asic_capable_of_36_mhs/
so i think gridseed has developed his device using gc3355, and now they sold a 1st beta batch of 400 pieces for tests it whit ristrect numbers of chinese miners. sold a limited beta device for tests it, is a great idea for firm
thats only my opinion obv.
say that: Chip: Gridseed GC3355 X 5, so i think every device, has 5 chips inside.
there's a lot of pics in this chinese forum, and my traslatror sayd that first 400 devices are sold in paket of 10 devices to 3 groups of people of that forum, who, substancially, should be testing this beta device.
there aren any price.
only in an other forum a guy talk about price of 8200 rmb. thats the font:
http://www.reddit.com/r/litecoinmining/comments/1vbj65/gridseed_releases_script_asic_capable_of_36_mhs/
so i think gridseed has developed his device using gc3355, and now they sold a 1st beta batch of 400 pieces for tests it whit ristrect numbers of chinese miners. sold a limited beta device for tests it, is a great idea for firm
thats only my opinion obv.
From their roadmap it seems like they have set July for the initial release of their product?
Hey hey, anyways, let's hear what CrapTech is about to say. Too bad someone fallen under preordering it.
Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
haters will hate
https://alpha-t.net/ all the way! you get 5mh/s for only $1350
Hey hey, anyways, let's hear what CrapTech is about to say. Too bad someone fallen under preordering it.
Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
Guys, i'm italian.
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day
ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day
assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.
in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.
(change EUR/USD 1.36)
(change BTC/USD 850.00)
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day
ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day
assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.
in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.
(change EUR/USD 1.36)
(change BTC/USD 850.00)
This is the (unfortunate) misconception that came about with poor translation and horrible press from Gridseed. The cost for a single USB machine (which includes 6x 60kh/s units) is $82 + 6 x $65 = $472. So you're paying $472 for 360kh/s. The minimum order is 10 of *these*, not 10 single chips (unless I'm mistaken), making the total for 3.6MH/s of hashing power $4720.
Thanks for the translation
I think it is a avalon repeat lets mine for ourselfs deal....
$4720 for 3.6m is a total fucking joke its at least 300% more expensive than a gpu rig ..in a way this is good that they have priced it out of reach of anybody who is serious with mining
Also what is it with these pplz that they basically put something up for sale with basically NO real potential profit for anybody
ASICMINER
AVALON batch 3
Realistically just self mine and stop trapping suckers... @ 12c kw it will take 3 years to recoup the extra cost of ~ 3k extra compared to a GPU rig
Thats legit !
Guys, i'm italian.
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day
ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day
assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.
in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.
(change EUR/USD 1.36)
(change BTC/USD 850.00)
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day
ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day
assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.
in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.
(change EUR/USD 1.36)
(change BTC/USD 850.00)
This is the (unfortunate) misconception that came about with poor translation and horrible press from Gridseed. The cost for a single USB machine (which includes 6x 60kh/s units) is $82 + 6 x $65 = $472. So you're paying $472 for 360kh/s. The minimum order is 10 of *these*, not 10 single chips (unless I'm mistaken), making the total for 3.6MH/s of hashing power $4720.
Indeed, and it's 5 chips on each miner operating at between 300-360 total (not each).
As for power, it appears to be .44W per chip in LTC mode and 5.3W per chip in hybrid mode
Here is where the chip prices were first confirmed at about $65:
http://www.cybtc.com/thread-3226-1-1.html
Quote
Development board: each 500 yuan
chip: 400 yuan per piece, per pack of 1600 yuan four chips
This price is only preliminary offers developers, not as a formal reference to the product price. Each person can purchase two development boards, chip purchase of two packs per person.
chip: 400 yuan per piece, per pack of 1600 yuan four chips
This price is only preliminary offers developers, not as a formal reference to the product price. Each person can purchase two development boards, chip purchase of two packs per person.
And here is a link to the specs sheet of the chips
https://docs.google.com/file/d/0BxFU17PfhOeeaEVlM3Q1VDBlUkU/edit
I'm interested to see what happens with these.
Guys, i'm italian.
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day
ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day
assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.
in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.
(change EUR/USD 1.36)
(change BTC/USD 850.00)
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day
ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day
assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.
in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.
(change EUR/USD 1.36)
(change BTC/USD 850.00)
This is the (unfortunate) misconception that came about with poor translation and horrible press from Gridseed. The cost for a single USB machine (which includes 6x 60kh/s units) is $82 + 6 x $65 = $472. So you're paying $472 for 360kh/s. The minimum order is 10 of *these*, not 10 single chips (unless I'm mistaken), making the total for 3.6MH/s of hashing power $4720.
price seems a bit too high?
...10 device that i read cost 1360$ (1000 euro)...
I must have read right over that. $136 per unit for the 5-chip USB devices?
Guys, i'm italian.
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day
ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day
assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.
in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.
(change EUR/USD 1.36)
(change BTC/USD 850.00)
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day
ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day
assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.
in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.
(change EUR/USD 1.36)
(change BTC/USD 850.00)
I've seen that on Middlecoin, but I'm failing to see how this is transformational. It would seem to me that the key in the near term (at least months) is equipment price/kh, not kh/kw. Granted, I have cheap power in the US, but at the rates alt coins are paying, the cost of power is almost exactly an entire order of magnitude less than the revenue that can be obtained by that power. Case in point: 0.01 BTC/day/(MH/s) is pretty easy to reliably obtain. For 1Mh/s, you're looking at about 300-350 W. 0.01 BTC = about $8.5 currently (and stands to rise). 350W = $1.68 even at a very liberal $0.20/KWhr.
My point with all of this is that hashing power is clearly the dominant metric for profit at this point. With that said, the prices listed in this thread for ASIC hardware are about two-fold WORSE than typical cost/hash represented through GPU mining.
What this is all leading me to is this - if power could (even liberally) be assumed to be soaking a quarter of your revenue from GPU mining, and these products are twice the cost of GPU mining, there is literally NO break-even. Even if they use no power at all, the best you could do with them is still to bring two thirds of the profit/investment of GPU mining.
It seems that these become a true alternative when they get to between the 1.0x and maybe 1.25x the price/hash power, and truly preferable when cheaper still. Similarly, it would take until profits/hash power are halved from their current levels to have the same effect. With all of the pump and dump coins and stupid speculators betting on them in the short term coming and going, I don't see that happening any time soon.
Am I wrong?
My point with all of this is that hashing power is clearly the dominant metric for profit at this point. With that said, the prices listed in this thread for ASIC hardware are about two-fold WORSE than typical cost/hash represented through GPU mining.
What this is all leading me to is this - if power could (even liberally) be assumed to be soaking a quarter of your revenue from GPU mining, and these products are twice the cost of GPU mining, there is literally NO break-even. Even if they use no power at all, the best you could do with them is still to bring two thirds of the profit/investment of GPU mining.
It seems that these become a true alternative when they get to between the 1.0x and maybe 1.25x the price/hash power, and truly preferable when cheaper still. Similarly, it would take until profits/hash power are halved from their current levels to have the same effect. With all of the pump and dump coins and stupid speculators betting on them in the short term coming and going, I don't see that happening any time soon.
Am I wrong?
+1
You are exactly right. These wont be obtainable within eaven close to get break-eaven in investment. Power usage wont matter that much in >10MH scale. They are just too rare when they hit the market. Gridseed can easily charge 1000% margins for them and people will still buy like crazy. When will they hit the market. Not in months. Takes alot time before they show any significat Hashing power in current Scrypt world.
That said i would say there is easy 6 months left for Healty GPU mining. These wont kill it. Yet.
GPU still best way to earn $
ps. Cheshyr i'm on a same boat i wish to see the technology. I could buy 1 of these just to see it in action.
I'll be honest; I just want to play with a couple of the chips. As an engineer, it's fun to play with new technology, and as has been mentioned... 1st gen is 1st gen. This may not be up to par with BTC yet, or even GPU mining, but it's progress and it's exciting. The 2nd gen will be even more fun.
If anyone has access to these chips and is willing to work something out with me re: purchase and shipping to the US, send me a PM. Good work Gridseed.
If anyone has access to these chips and is willing to work something out with me re: purchase and shipping to the US, send me a PM. Good work Gridseed.
The USB unit will be released before the end of the month if everything goes smooth
Quote
Lets hope these guys dont do a Avalon/BFL on the self mine crap 
I think you mean, "Let's hope they STOP self mining. :p
https://bitcointalksearch.org/topic/m.4350064
They are presently pushing 800MH/s on Middlecoin
http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html
Anyone still thinking about getting into GPU mining better give up now. This is going to go down exactly the same way bitcoin did. GPUs will be dead soon.
+1
Good one. Lets see when someone else ask where one can buy these.
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