Topic: Gridseed miner - A Scrypt and SHA ASIC miner (Read 1132 times)
Scrypt ASICs are not worth it yet. The $ per received hashrate. ~70 kh/s for 100$..
Its all vapour-ware even before they tell you how much.
The dual miners and the lightning ones are out now. The others are coming, just a matter of time.
Its all vapour-ware even before they tell you how much.
What's to stop some small / average size person / company from spending $300,000 USD for 4,000 of these chips (either as USB dual miners or a bigger version) and pushing 280 mh? Or is 1/4 of 1 gigahash that much different from 1000mh?
Consider that Gridseed is out in the wild now, and Alpha is still at least 6 months away.
Consider that Gridseed is out in the wild now, and Alpha is still at least 6 months away.
Gridseed really isn't worth talking about. The alt coin apocalypse comes when just an average size company / start up spends $300,000 for 40 Alpha 25mh/s miners and pushes 1000mh from one location.
@anderl, which one is that? I am only aware of 3 others. Fibonacci, Alpha T, and Flower.
I am not sure if these are included but ltcgear.com has some stuff and also sluicebit was supposed to be making one as well.
I think ltcgear is fibonacci, but please correct me if I'm mistaken. In any case, they have a new website and they are updating their followers on their progress. They have shares or something now, but the hardware is not yet ready.
@anderl, which one is that? I am only aware of 3 others. Fibonacci, Alpha T, and Flower.
I am not sure if these are included but ltcgear.com has some stuff and also sluicebit was supposed to be making one as well.
@anderl, which one is that? I am only aware of 3 others. Fibonacci, Alpha T, and Flower.
This is classic engineering. WHen your solution tries to be good at too many functions the end result is it is mediocre at anything. I found a highly optimized ASIC chip designer that is manufacturing one of the most efficient scrypt ASICs. It is 10 times more powerful than Gridseed Hash/$. Being first does not mean you will be the best. Gridseed will not last. I give it 6 months before they are worthless.
A failed LTC ASIC design that they are trying to salvage by marketing it as a BTC/LTC miner. Apparently it did not perform as they anticipated for a pure scrypt miner. After investing .500k to 1 mil in development they are trying to recoup costs. Don't plan on getting good support RMAs in the future as they will probably try to re-engineer it.
Great! Looking forward to this.
The one I reviewed looks real.
What are your opinions on the Gridseed miner? 70khash@ 5 Watt sound like a revolution in Scrypt mining.
http://www.gridseed.com/main.php
http://www.gridseed.com/main.php
That would be really nice. I would buy as many as I could afford. Too bad its likely not real.
What are your opinions on the Gridseed miner? 70khash@ 5 Watt sound like a revolution in Scrypt mining.
http://www.gridseed.com/main.php
http://www.gridseed.com/main.php
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