Topic: [In stock] Gridseed 5-chips USB miner - $259 - page 7. (Read 23861 times)
5 shipping to UK
I'm processing the orders now.
So far, the first 50 units are under escrow. The buyers are:
Klintay, darkfriend77, darkjed, anarchyx, and squall1066.
The seconds 50 units are pending. When the first 50 units are received, I'll send the info to squall1066. The buyers are:
n4spd, Simon66, bearsworth, souljah1h, and kushedout (may escrow with someone else), jamesco (no escrow).
There are lots of members sent me PM asking for units. However, the entire 100 units are sold to the above members. But you are on the waiting list. I'm working on the next 100 units and hopefully they will be arrived in 1 week. So please keep an eye on the thread. Besides, I haven't got all shipping info from the buyers in the 2nd 50 units. If any of them quits, I'll go with the first members in the waiting list.
So far, the first 50 units are under escrow. The buyers are:
Klintay, darkfriend77, darkjed, anarchyx, and squall1066.
The seconds 50 units are pending. When the first 50 units are received, I'll send the info to squall1066. The buyers are:
n4spd, Simon66, bearsworth, souljah1h, and kushedout (may escrow with someone else), jamesco (no escrow).
There are lots of members sent me PM asking for units. However, the entire 100 units are sold to the above members. But you are on the waiting list. I'm working on the next 100 units and hopefully they will be arrived in 1 week. So please keep an eye on the thread. Besides, I haven't got all shipping info from the buyers in the 2nd 50 units. If any of them quits, I'll go with the first members in the waiting list.
Maybe someone can answer this for me as I know very little about these devices: do you need the wiibox controller for these to work or can you run them right through a usb hub to your PC, if you can run them through your PC without the box what software's can you use. Currently I use CGMiner for Scrypt
From the looks of it the wiibox is just a small linux device running minerd, There have been people that ran these on windows pc, and there has been some Raspberry Pi development. But things are still in the experimental area since this hardware is so new. It's one of the reasons I want a couple, see if I can get these mining on a Pi with a self modified version of cgminer.
yeah i tried mine on my 64bit box and couldnt get the com port to register in cpuminer.
went to a 32bit box and walla! its hashing away
That's good info to know if running without the controller. I would have tried it on x64 and been really confused when it didn't work.
Maybe someone can answer this for me as I know very little about these devices: do you need the wiibox controller for these to work or can you run them right through a usb hub to your PC, if you can run them through your PC without the box what software's can you use. Currently I use CGMiner for Scrypt
From the looks of it the wiibox is just a small linux device running minerd, There have been people that ran these on windows pc, and there has been some Raspberry Pi development. But things are still in the experimental area since this hardware is so new. It's one of the reasons I want a couple, see if I can get these mining on a Pi with a self modified version of cgminer.
yeah i tried mine on my 64bit box and couldnt get the com port to register in cpuminer.
went to a 32bit box and walla! its hashing away
Anyone know what size tip the power connectors need to be, and will these work?
http://www.ebay.com/itm/12-Volt-DC-Power-Supply-5-Amp-5A-12V-Adapter-Charger-For-LCD-Monitor-TV-Screen-/270881839053?pt=Laptop_Adapters_Chargers&hash=item3f11d0d7cd
-Anarchyx
http://www.ebay.com/itm/12-Volt-DC-Power-Supply-5-Amp-5A-12V-Adapter-Charger-For-LCD-Monitor-TV-Screen-/270881839053?pt=Laptop_Adapters_Chargers&hash=item3f11d0d7cd
-Anarchyx
Maybe someone can answer this for me as I know very little about these devices: do you need the wiibox controller for these to work or can you run them right through a usb hub to your PC, if you can run them through your PC without the box what software's can you use. Currently I use CGMiner for Scrypt
you can run without wiibox controller. but AFIK this can only configure with windows only(as per cybtc.com figures). cgminer or sgminer(customized scrypt cgminer) can mine with this hardware.
Maybe someone can answer this for me as I know very little about these devices: do you need the wiibox controller for these to work or can you run them right through a usb hub to your PC, if you can run them through your PC without the box what software's can you use. Currently I use CGMiner for Scrypt
From the looks of it the wiibox is just a small linux device running minerd, There have been people that ran these on windows pc, and there has been some Raspberry Pi development. But things are still in the experimental area since this hardware is so new. It's one of the reasons I want a couple, see if I can get these mining on a Pi with a self modified version of cgminer.
Maybe someone can answer this for me as I know very little about these devices: do you need the wiibox controller for these to work or can you run them right through a usb hub to your PC, if you can run them through your PC without the box what software's can you use. Currently I use CGMiner for Scrypt
From the looks of it the wiibox is just a small linux device running minerd, There have been people that ran these on windows pc, and there has been some Raspberry Pi development. But things are still in the experimental area since this hardware is so new. It's one of the reasons I want a couple, see if I can get these mining on a Pi with a self modified version of cgminer.
Maybe someone can answer this for me as I know very little about these devices: do you need the wiibox controller for these to work or can you run them right through a usb hub to your PC, if you can run them through your PC without the box what software's can you use. Currently I use CGMiner for Scrypt
Don't want to change the subject, I advise any prospective buyer to use escrow and mainly to use common sense.
I do have a separate point though: price/profitability.
I know you guys are mining just for the sake of the network and in "ars gratia artis" terms. But these will never break even mining at 3Mh with 90W power consumption, at 0,1$/KW, which are all very optimistic.
And don't tell me you will be also mining SHA, because at that hash/power consumption it will lose you money from day one.
At a 3% difficulty increase you will be 1500$ in the red after ~500days. Do you need to wait that long to find out you've lost 1500$?
And we all know that once ASICS get in, the diff will explode. Bitcoin has about 25-30% steady diff increase. But the first Bitcoin ASICS, whoever got them first were sold at a price that could be recouped in 30 days or less. Gridseed, as it is priced right now does not break even!
My point and message to you, seeds is that your price is too high. Especially in the current Crypto market.
Please price it at a level at which the miners can make a buck, at least a small one.
I'd buy if this would have a max 90 days breakeven time.
I do have a separate point though: price/profitability.
I know you guys are mining just for the sake of the network and in "ars gratia artis" terms. But these will never break even mining at 3Mh with 90W power consumption, at 0,1$/KW, which are all very optimistic.
And don't tell me you will be also mining SHA, because at that hash/power consumption it will lose you money from day one.
At a 3% difficulty increase you will be 1500$ in the red after ~500days. Do you need to wait that long to find out you've lost 1500$?
And we all know that once ASICS get in, the diff will explode. Bitcoin has about 25-30% steady diff increase. But the first Bitcoin ASICS, whoever got them first were sold at a price that could be recouped in 30 days or less. Gridseed, as it is priced right now does not break even!
My point and message to you, seeds is that your price is too high. Especially in the current Crypto market.
Please price it at a level at which the miners can make a buck, at least a small one.
I'd buy if this would have a max 90 days breakeven time.
maybe but... I for one, have free power...also, your basing this on no increase in coin value. If alt coins balance out in the future, with ltc generated at 5x the coins of btc, ltc may eventually reach 1/5 btc value.
either way, this 'could' easily make a profit in the future.
I've heard this argument before. Fact is bitcoin is almost exclusively the gateway to fiat. And everyboy is paid in fiat. Nobody is buying Litecoin to go to buy stuff online.
Litecoin will need to have acceptance as a payment medium greater than Bitcoin for your scenario to happen. I say greater because bitcoin was first and has the media attention. To reach value parity to Bitcoin, Litecoin will need to catch up and overtake Bitcoin in media coverage and acceptance as a payment method. The sad news is that litecoin is not bitcoin. Look at the LTC/BTC exchange rate and correlate that with the downs in the crypto market to understand that.
Everyone is basing their investment decisions on the bitcoin history repeating: ASICS get in, diff increases, coin value increases.
Well, everybody acts on this hypothesis. There is no payback in going with the crowd. The profit is for those that are already there.
Hi everybody
So I replied early on this this thread that I would be interested in 10 unit with escrow. And looks like I'm in the preliminary shipment of units. So I put down my payment with squall1066. I'll take pictures and videos of the units once they arrive.
So I replied early on this this thread that I would be interested in 10 unit with escrow. And looks like I'm in the preliminary shipment of units. So I put down my payment with squall1066. I'll take pictures and videos of the units once they arrive.
Do you have these in hand yet? Or is it all still "when the manufacturer delivers"?
I to have this same question as wellAlso I have never heard of these up until recently, do you need the wiibox controller for these to work or can you run them right through a usb hub to your PC.
If you are able to run them through a hub to your pc without this controller box I would be interested in 5 or 6 of them
Don't want to change the subject, I advise any prospective buyer to use escrow and mainly to use common sense.
I do have a separate point though: price/profitability.
I know you guys are mining just for the sake of the network and in "ars gratia artis" terms. But these will never break even mining at 3Mh with 90W power consumption, at 0,1$/KW, which are all very optimistic.
And don't tell me you will be also mining SHA, because at that hash/power consumption it will lose you money from day one.
At a 3% difficulty increase you will be 1500$ in the red after ~500days. Do you need to wait that long to find out you've lost 1500$?
And we all know that once ASICS get in, the diff will explode. Bitcoin has about 25-30% steady diff increase. But the first Bitcoin ASICS, whoever got them first were sold at a price that could be recouped in 30 days or less. Gridseed, as it is priced right now does not break even!
My point and message to you, seeds is that your price is too high. Especially in the current Crypto market.
Please price it at a level at which the miners can make a buck, at least a small one.
I'd buy if this would have a max 90 days breakeven time.
I do have a separate point though: price/profitability.
I know you guys are mining just for the sake of the network and in "ars gratia artis" terms. But these will never break even mining at 3Mh with 90W power consumption, at 0,1$/KW, which are all very optimistic.
And don't tell me you will be also mining SHA, because at that hash/power consumption it will lose you money from day one.
At a 3% difficulty increase you will be 1500$ in the red after ~500days. Do you need to wait that long to find out you've lost 1500$?
And we all know that once ASICS get in, the diff will explode. Bitcoin has about 25-30% steady diff increase. But the first Bitcoin ASICS, whoever got them first were sold at a price that could be recouped in 30 days or less. Gridseed, as it is priced right now does not break even!
My point and message to you, seeds is that your price is too high. Especially in the current Crypto market.
Please price it at a level at which the miners can make a buck, at least a small one.
I'd buy if this would have a max 90 days breakeven time.
maybe but... I for one, have free power...also, your basing this on no increase in coin value. If alt coins balance out in the future, with ltc generated at 5x the coins of btc, ltc may eventually reach 1/5 btc value.
either way, this 'could' easily make a profit in the future.
Do you have these in hand yet? Or is it all still "when the manufacturer delivers"?
Would like to order 10 pcs + controller but with escrow only.
60pcs and DHL shipment with Invoice.
Escrow?!?!
Escrow?!?!
Don't want to change the subject, I advise any prospective buyer to use escrow and mainly to use common sense.
I do have a separate point though: price/profitability.
I know you guys are mining just for the sake of the network and in "ars gratia artis" terms. But these will never break even mining at 3Mh with 90W power consumption, at 0,1$/KW, which are all very optimistic.
And don't tell me you will be also mining SHA, because at that hash/power consumption it will lose you money from day one.
At a 3% difficulty increase you will be 1500$ in the red after ~500days. Do you need to wait that long to find out you've lost 1500$?
And we all know that once ASICS get in, the diff will explode. Bitcoin has about 25-30% steady diff increase. But the first Bitcoin ASICS, whoever got them first were sold at a price that could be recouped in 30 days or less. Gridseed, as it is priced right now does not break even!
My point and message to you, seeds is that your price is too high. Especially in the current Crypto market.
Please price it at a level at which the miners can make a buck, at least a small one.
I'd buy if this would have a max 90 days breakeven time.
I do have a separate point though: price/profitability.
I know you guys are mining just for the sake of the network and in "ars gratia artis" terms. But these will never break even mining at 3Mh with 90W power consumption, at 0,1$/KW, which are all very optimistic.
And don't tell me you will be also mining SHA, because at that hash/power consumption it will lose you money from day one.
At a 3% difficulty increase you will be 1500$ in the red after ~500days. Do you need to wait that long to find out you've lost 1500$?
And we all know that once ASICS get in, the diff will explode. Bitcoin has about 25-30% steady diff increase. But the first Bitcoin ASICS, whoever got them first were sold at a price that could be recouped in 30 days or less. Gridseed, as it is priced right now does not break even!
My point and message to you, seeds is that your price is too high. Especially in the current Crypto market.
Please price it at a level at which the miners can make a buck, at least a small one.
I'd buy if this would have a max 90 days breakeven time.
There are other sellers pricing these at $500-700 now that is a ripoff
Don't want to change the subject, I advise any prospective buyer to use escrow and mainly to use common sense.
I do have a separate point though: price/profitability.
I know you guys are mining just for the sake of the network and in "ars gratia artis" terms. But these will never break even mining at 3Mh with 90W power consumption, at 0,1$/KW, which are all very optimistic.
And don't tell me you will be also mining SHA, because at that hash/power consumption it will lose you money from day one.
At a 3% difficulty increase you will be 1500$ in the red after ~500days. Do you need to wait that long to find out you've lost 1500$?
And we all know that once ASICS get in, the diff will explode. Bitcoin has about 25-30% steady diff increase. But the first Bitcoin ASICS, whoever got them first were sold at a price that could be recouped in 30 days or less. Gridseed, as it is priced right now does not break even!
My point and message to you, seeds is that your price is too high. Especially in the current Crypto market.
Please price it at a level at which the miners can make a buck, at least a small one.
I'd buy if this would have a max 90 days breakeven time.
I do have a separate point though: price/profitability.
I know you guys are mining just for the sake of the network and in "ars gratia artis" terms. But these will never break even mining at 3Mh with 90W power consumption, at 0,1$/KW, which are all very optimistic.
And don't tell me you will be also mining SHA, because at that hash/power consumption it will lose you money from day one.
At a 3% difficulty increase you will be 1500$ in the red after ~500days. Do you need to wait that long to find out you've lost 1500$?
And we all know that once ASICS get in, the diff will explode. Bitcoin has about 25-30% steady diff increase. But the first Bitcoin ASICS, whoever got them first were sold at a price that could be recouped in 30 days or less. Gridseed, as it is priced right now does not break even!
My point and message to you, seeds is that your price is too high. Especially in the current Crypto market.
Please price it at a level at which the miners can make a buck, at least a small one.
I'd buy if this would have a max 90 days breakeven time.
I just came back and read through the above comments.
Trust is always the key to this kind of business. We are dealing in the virtual world and it is totally true that both buyers and sellers are facing scam everyday.
I have the same concern here. You were just talking about protecting buyers. But how about the seller? Say if I do the escrow. Buyers pay to the escrow service. When buyers confirm the product and ask the escrow service to release the fund to the seller, the escrow service just disappears or just says he released the fund but actually he didn't, what should the seller do?
No offense to squall1066. I still decide to do escrow with squall1066 for this batch. However, to protect myself, I want to split the 100 units to 50-50. I'll ship the first 50 units first. When I get the payment from squall1066 for the first 50 units, I'll process the second 50 units.
I already have the miners ready. Haven't had time to read all the PMs but I think this batch is almost sold out, or maybe it is already. I'll do some homework, prepare the order list and send it to squall1066. The list will be posted here as well. I'll PM the members that didn't provide me the shipping info to confirm the order. All these will be done by tomorrow hopefully.
By the way, for those who were asking for the DHL/UPS/FedEx COD services, I used to offer escrow service from escrow.com. I believe that's the trusted 3rd party to do the transaction. If you guys want to go through that, I have no problem with that. I don't prefer COD because I don't want to deal with all kinds of currencies.
Thanks.
Trust is always the key to this kind of business. We are dealing in the virtual world and it is totally true that both buyers and sellers are facing scam everyday.
I have the same concern here. You were just talking about protecting buyers. But how about the seller? Say if I do the escrow. Buyers pay to the escrow service. When buyers confirm the product and ask the escrow service to release the fund to the seller, the escrow service just disappears or just says he released the fund but actually he didn't, what should the seller do?
No offense to squall1066. I still decide to do escrow with squall1066 for this batch. However, to protect myself, I want to split the 100 units to 50-50. I'll ship the first 50 units first. When I get the payment from squall1066 for the first 50 units, I'll process the second 50 units.
I already have the miners ready. Haven't had time to read all the PMs but I think this batch is almost sold out, or maybe it is already. I'll do some homework, prepare the order list and send it to squall1066. The list will be posted here as well. I'll PM the members that didn't provide me the shipping info to confirm the order. All these will be done by tomorrow hopefully.
By the way, for those who were asking for the DHL/UPS/FedEx COD services, I used to offer escrow service from escrow.com. I believe that's the trusted 3rd party to do the transaction. If you guys want to go through that, I have no problem with that. I don't prefer COD because I don't want to deal with all kinds of currencies.
Thanks.
maybe another couple senior members we could ask to escrow if seeds would allow...these are solid rocks here on btctalk
canaryinthemine
silentsonicboom
crazyguy
there are a few others but these are solid resellers of hardware....maybe one of them or some would do it for a tip or small fee?
seeds....need your input....your escrow doesn't have much trust....the guys above do.
canaryinthemine
silentsonicboom
crazyguy
there are a few others but these are solid resellers of hardware....maybe one of them or some would do it for a tip or small fee?
seeds....need your input....your escrow doesn't have much trust....the guys above do.
I hear that, I would trust the above also.
I have a problem with ALL of us just trusting a FEW members, We are dealing with a trust based commodity and need to develop our own circles of trust, This (IMO) reduces risk and pressure (the mighty have been known to fall)
I agree my trust is not close to the "big boys" But would everyone rather no choice at all?
Seems like there are others starting to offer this as well....up to seeds how it goes for him and for those that choose to trust him.
I would be willing to send my shipping costs for 10 units with C.O.D., and the rest of course upon confirmed delivery of the product....maybe he needs to do one or two of those to impartial members interested in this group buy....nothing against you personally squall but right now you can't be too careful and being that he chose you, it naturally make you look suspect....
check the shenanigans on this GROUP SCAM to see that you don't know who is who.....
https://bitcointalksearch.org/topic/bitcoin-miners-429513
Once again, No offense has been taken, I enjoy the diversity of this community, I like people who can think for themselves.
I don't quite see how I could be sketchy in this gridseed buy, I do want to buy some myself, and I am actually liking the DHL C.O.D. idea.
I even run my own thread keeping tabs on escrowers and customers experiences, Not an absolute guide, But more of a cross reference idea. So far I have not had anyone's details from seeds and have not taken any money on his behalf.
As far as this topic goes, I will do my normal escrow for anyone that wants it, I just popped in pushing escrow in the first place so I guess it's my fault
it's OP thread, It's up to him who he will accept, Feel free to offer up more people to him, Lets see how this goes.In ref to the topic you linked to, To be honest I did not reed ALL of it, But I got how it was setup and played through, There are quite a lot of these scenario's out there, only by working together and creating our own "trust circles" do we stand a chance.
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