Topic: [In Stock] Batch 8! Gridseed miners in Stock in Los Angeles. [$225] - page 27. (Read 54896 times)

Hmm, I wonder what kind of a card you can get for $150 I would love to see that math.

As I said, I get the power and convenience part, but do not forget GPUs and computer equipment will always have some value, you can get 50%-70% back anytime.  Especially me, I never buy top of the line GPUs for $600, instead I get $100-$200 GPUs that give me 50% of top of the line, so your math is not really correct for. But that's not the point.  The point is I am buying a piece of hardware that is only good for 1 thing, mining. So if difficulty increases, those miners would just become useless, so if we look at risk/reward of getting PC hardware vs these miners, well it just doesn't cut it fore me. I'd rather have 20% additional cost of power with the flexibility to turn off my miners if I need to, knowing I can get 50-70% back for my equipment within next 1-2 years, then investing into something that can have 0 value if things change.  All I am saying specialized miners should be able to better compensate for the fact that they are completely useless outside of mining.  And current fact that I need to be able to run them for 7 month to get my money back kills this deal for me.

Your Order ID is: #1968

Ordered 20 more.... 60 incoming

Agree...add the heat...and noise...and you GOT it...

Also, consider that GFX cards prices are now going down because miners are dropping them off. The major reason to go to ASIC at this point is to increase capacity for those of us who already pulling most of the juice from our meager power circuits at homes. There is also space issue. It's okay to setup 4-card computer. Going 5 or 6 is not trivial and you will spend a lot of time getting up (and continue) running. If you go through a lot of expensive hoops and get 6x R290 running, you will have around 5MH rig. It's pretty respectable. With these 350K grid seeds, you can build a higher density rig. It's not uncommon for people to run a hundred USB devices, but for the sake of comparison let's say you buy 15.

Cost of mining parts:

A. Tricked out GFX rig 6x880KH=5.3MH
6x 290x 6x$600=$3,600
3x 800W power supplies (1PS per 2x cards) = 3x$120=$360
6x PCI-E extender cables 6x$20=$120
Total mining stuff, approx $4,100

B. Gridseed rig 15x350KH=5.23MH
15x GS 15x$220=$3300
2x USB hubs 2x$30=$60
Switching 12v 350W power supply $30
Total mining stuff, approx: $3,400

The MAJOR difference is that the A pulls just about what you can put in a USA house (2,000W) before your breaker trips. (I tripped many times ). The B option will pull around 300W (if you use a computer instead of controller). Miners will account for a small fraction of total power at 15x5W, will round up to 100W.

This means is that for me to double my hashing power with option A, I need to load it on another 20amp circuit in the house (and potentially stop using a washer/dryer ) and spend money on another base computer setup (motherboard, hard drive, CPU, memory, etc). With option B, I can very simply buy another 15 miners, probably another USB hub and I still have more than enough on 350W power supply to run all 30. Option B will not require me to do anything with power circuits.

So, again, as philpma stated, if you are a casual gamer-miner then GFX is a good addition to your office/dorm room. If you are "into home mining" then ASICs are more appealing. Cheers.

i have 2 different orders of 20 coming... Shows as Tue will arrive. Will order 10 more as soon as first 20 arrive.

in dollars and cents these work well if you are like me a house with 9 gpus pulling 2500 watts of juice.


Just  sell some of them off and replace with these.

 If you are a new miner and have a decent pc with room for a second gpu  you can argue  to buy the gpu.

Hi, I did the calculation and it seems that I would need about 7 month to get my money back based on the current difficulty and thats assuming the difficulty stays the same and the prices stay the same.  Am I correct ? I understand that these are more efficient as far as power goes, but GPUs could be used for something else at the end of the day and these units can only mine. 

Don;t get me wrong I think it is a great development that there are script asics, I am just questioning economics.

some of the parts.  I think you can build a setup to hold  8 per level. 

with the 2 foot rods below I believe  4 levels could fit  that would make for 32 pieces or around  10,000kh

 you need psu's  and of course a usb hub.  my goal is a 3 level 20-24 piece setup

Yes...I paid with PayPal...

Hi, Is Zoomhash accepting Paypal?
I don't see this option on checkout?

Picked up 60 units today. http://imgur.com/sEmFkzm
Met locally, chatted for a wile over coffee wile commencing bitcoin transfer ritual

All around great guy to deal with.

Nice, looking forward to hearing about it

my order of 3 has been marked with tracking this will bring me to 9.

  I have an idea for a low cost case. I will post it later .  the parts have not arrived yet.

Received my batch 8 "item has shipped" email today, as well as tracking. Would like to give two thumbs up to zoomhash. Keep up the great work 

thats great news, hopefully my order is shipping soon then

Edit: just got my shipping confirmation

Update:
Seems like both of my orders from Thursday have shipped. Got USPS tracking number for one of them and just shipping confirmation email for the second.

It says on the website that with the 5 miner bundle you get a Raspberry Pi to go with them.  Does anyone know how to use RPi?  I was going to use cpuminer to use these but not sure if RPi would be a better option.  Thanks.

I got a PM from Zoomhash (under one of his aliases) that my order was found and he is sending it overnight to compensate for the glitch. That's a great service if you ask me

pm sent , check plz.