Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: BTC4Amazon on April 28, 2016, 11:15:08 AM



Title: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: BTC4Amazon on April 28, 2016, 11:15:08 AM
We, Lightminer is proud to introduce our first ASIC miner for Ethereum and Dagger altcoins.
Currently we are offering two unit, Z01 and Z02 to the market.
www.lightminers.com (http://www.lightminers.com)

The main problem of mining right now its the exponential difficulty increment over time and slow ROI. We are currently offering limited units to be sold. Shipping are expected on 9th May, we will keep all orders updated.

The Z01 and Z02 are our initial units, we did not have enough time to design a much higher end product as we planned. The next generation, Z03 prototyping is expected to finish on next month and we can begin rollout on late June/early July. The units consume power lesser than typical GPU mining operation, consume only 10~20%. Not to mention that unwanted generated heat are a lot lesser.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: adaseb on April 28, 2016, 11:54:27 AM
Please tell me this is some kind of joke


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: hacky on April 28, 2016, 12:06:47 PM
http://www.lightminers.com/eth01.php

Photoshop, the wrong way :)
Smells like scam...


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Amph on April 28, 2016, 01:57:13 PM
funny thing is that the mod for those nano of that guy that is running a farm of those gpu, can still match this somehow


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: ldw-com on April 28, 2016, 02:06:33 PM
funny thing is that the mod for those nano of that guy that is runnign a farm of those gpu, can still match this somehow

Haha, i was just checking that out.

Hash Rate: 200MH/s ± 10%
Power Comsumption: 450W

I have 135Mh for that same Power Consumption.

$1699.00 for one of those (not that they exist, but heck, let's just go with the flow)

6 nano's cost me around 2300 Eur give or take.

So basically, it's a little better :p (not taken the time it would take you right now to ROI...)

So even IF they exist, still a very bad investment at this time :)


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: 64dimensions on April 28, 2016, 02:34:05 PM
I don't get it:

1)  They produced 5k of these chips and selling them for $15. Even with the cheapest (40nm?) technology, can you make these chips for $5 - $10?

2) The other problem is with residual value. Their unit would depreciate pretty quickly. GPU's at least have some value. Just look at how long the triple slot 7970's have hung in there.

3) What happens if these particular coin devs decide to change the hash algo? The worst thing that the GPU crowd has to do is change some software.

4) If absolutely nothing changes, it's a 3 month ROI slog.


The risk reward especially with the possibility of 3) makes absolutely no sense.



Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: mikewillda on April 28, 2016, 03:50:17 PM
The efficiency is just double that of the AMD nano. But it will be useless in a few months. Nano can still have some value.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Prelude on April 28, 2016, 04:59:32 PM
You'd have to be a fucking retard to believe this scammer. The "Z02"... is an LKETC 60MH/s A2 scrypt miner. I have one sitting in my garage.

There will never be an ASIC for ETH. POW period ends too quickly to bother.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: target on April 28, 2016, 05:14:49 PM
Please tell me this is some kind of joke

lol just what i thought.
who ever created asic for ETH ain't who he say he is.  he could be successful alter if someone is in cahoots with this guy giving testimonials to his products. but too late though he already have negative feedback for jsut posting such thread lol.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: QuintLeo on April 29, 2016, 07:51:11 AM
No way anyone would bother making an ASIC for Ethereum, it will go PoS long before any REAL ASIC for it could get developed and built and almost nobody would bother buying any ASIC if they actually DID show up.

OP needs to find some better pictures to "borrow" too, both of those "miners" were real - YEARS ago - to mine other algorythms with.

 One minor quibble - that 60 Mh/s A2-based unit was Innosilicon, not LKetc - though Innosilicon seems to have "borrowed" the design of the LKetc "Dragon" A1-based miners (or they might have been co-developed) when the Innosilicon "Terminator" miners were being built.
 LKetc DID use Innosilicon A1 mining chips in their Dragon miners, definitely a link in there of some sort....




Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Prelude on April 29, 2016, 12:37:50 PM
Innosilicon made the chips (A1 & A2) and their partners (LKETC being the biggest I think) assembled the miners and sold them.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: rent.mineoncloud on May 01, 2016, 11:33:29 PM
its scam ! same dragon 1th china


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: CorePrime95 on May 02, 2016, 08:20:39 AM
The pictures are all stolen... Its a trap!


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Penguen on May 02, 2016, 08:53:29 AM
Please tell me this is some kind of joke

No joke, only scam.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: coinut on May 02, 2016, 09:12:36 AM
https://i.imgur.com/wY8F0i6.jpg?1


 ;D ;D ;D ;D


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: philipma1957 on May 03, 2016, 11:33:08 PM
To the op.  I have demoed tons of gear and I am well respected here as a really honest person.

Send me the usb stick  I will demo it for a week and send it back to anywhere you want.

If you are real you will jump on the chance to show the gear is real and works. As the gear will sell out.




To anyone looking at the thread.

I went to the site.  The chips are specced to use .4 watts  there are 80 chips in the big unit.

so 1 chip does  200/80 or 2.5 mh

my problem is 80 chips x .4 = 320 watts  so the big unit should use 80 x .4 = 320 watts to get 200 mh

the usb stick has 6 chips  uses 2.5 watts it is very close to  .4 watts   so six chips  is 6 x 2.5 mh or 15 mh

now a stick for 149 using  6 chips and 2.5 watts doing 15mh   is really good. but they do not say what the stick mines at.

the gear at 1699 using 80 chips and 450 watts doing 200 mh  is not that good  in fact if they are doing this it is overclocked like a mofo.






Back to op if you have the gear and only have a limited supply why not just mine with it?



All in all if the gear exists it will hurt the coin.



Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: king_pin on May 03, 2016, 11:43:11 PM
I hope this "ASICs" are small so I can at least stick them up my a** when Ethereum goes PoS (Proof of Stake)
And it is going PoS by the end of the year, or even sooner.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Rabinovitch on May 04, 2016, 07:10:08 AM
But how about other forks based on Dagger-Hashimoto?


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Ayers on May 04, 2016, 07:17:09 AM
I hope this "ASICs" are small so I can at least stick them up my a** when Ethereum goes PoS (Proof of Stake)
And it is going PoS by the end of the year, or even sooner.

there is not only ethereum with dagger hashimoto algo, you can mine expanse and shift, and a bunch of other with worse value


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Rabinovitch on May 04, 2016, 07:38:38 AM
Strange website... Can't find their e-mail or at least "Send" button under their contact form...  ???


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: chup on May 04, 2016, 07:45:57 AM
I bet it can dual-mine DCR? Am I right?  :o


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Jacques21 on May 04, 2016, 09:09:07 AM
I bet it can dual-mine DCR? Am I right?  :o

This thing can mine anything you want.  ;)


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: mikewillda on May 05, 2016, 08:56:29 PM
I bet it can dual-mine DCR? Am I right?  :o

This thing can mine anything you want.  ;)

I do not think there will be a ASIC Ethereum miner soon. As the Ethereum mining will finish early next year.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: BTC-BTC-BTC on May 07, 2016, 06:04:59 PM
Is this fake or real?


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Jacques21 on May 07, 2016, 11:32:44 PM
Is this fake or real?

Looks fake, it is way too much money for anyone to risk.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: crazyearner on May 08, 2016, 01:13:22 AM
The miner is fake move on pictures where took off ebay for LTC usb miner cropped changed a little and doctored and just their to scam people out money.

LightMiner if your reading this post if you are not a scam prove me wrong and send me a test unit. Until then this to me is SCAM

Pictures from ebay listing oh shit come on admin gotta do better lmfao
http://www.ebay.co.uk/itm/Dogecoi-ltc-Litecoin-Miner-mining-ASIC-USB-All-SCRYPT-Coins-Virtual-Currency-/152078173947?hash=item236890c6fb:g:INUAAOSwo0JWHP2I

http://i.ebayimg.com/00/s/NDUxWDYwMA==/z/INUAAOSwo0JWHP2I/$_12.JPG
oh shit dont this look like picture from orignal post and also on website lol.

And now for the box closed on webiste shows box open with a so called Asic miner in it.
my picture with box closed.
http://i.ebayimg.com/00/s/NDgwWDY0MA==/z/qiIAAOSwUUdXDYyD/$_12.JPG

Again admin prove me wrong would really prove me much wrong would love to.


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: Ayers on May 08, 2016, 05:55:33 AM
Is this fake or real?

no asic company in its right mind will invest in something that will go pos in less than one year, so it's clearly fake, anyone thinking otherwise must be new here lol


Title: Re: [ANN] First Ethereum ASIC Miners, by LightMiner Ltd
Post by: BTC-BTC-BTC on May 08, 2016, 01:10:39 PM
X11 asci is coming out soon. X11 will have the same destiny as sha256. Difficult will hit the roof so there is no money to be made in x13. Prices will go down cross all x11 coins. People will have to keep buying asci to compete until a break even point.