Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: ZiG on April 02, 2014, 06:23:25 PM



Title: New Gridseed Blade Miner 5.2MHash/$3000
Post by: ZiG on April 02, 2014, 06:23:25 PM
If you don't know already...Avalon/Gridseed is about to release a new Blade style Scrypt miner (antminer s1 style) :

https://minereu.com/product/gridseed-blade-miner/

Original info link here:

http://cryptomining-blog.com/1855-the-new-gridseed-blade-miner-is-almost-here-for-real-this-time/

Enjoy... ;)


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 02, 2014, 06:25:42 PM
140w? That's fantastic! Sadly 3k is out of my league :/. Won't breakeven intime before the "real" scrypt asics come out IMO :/


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: BitchImightbe on April 02, 2014, 06:26:20 PM
Stoopid power supply.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: joeventura on April 02, 2014, 06:51:51 PM
15 Gridseed 5 chip units can now be had for $165 each which is 5 Mh which is $2475

Why would I want to pay $550 more?

I can buy a lot of USB hubs and cables for $550

As expected the price point is off the mark.
When they are $1700 a unit I will bite.


80 chips costs $2640 if you are buying 5 chip units at $165






Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 02, 2014, 06:59:05 PM
$1700 for 5.2 mh/s? I'd probably consider that, even though its significantly less than what you could get, but you pay a premiuim for RIGHT NOW. Recursion offers 8.6 mh/s (something like that ) from FIbo for $350 as a great example. Plus that's on a USB MODEL.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: ZiG on April 02, 2014, 07:08:55 PM
15 Gridseed 5 chip units can now be had for $165 each which is 5 Mh which is $2475

Why would I want to pay $550 more?

I can buy a lot of USB hubs and cables for $550

As expected the price point is off the mark.
When they are $1700 a unit I will bite.


80 chips costs $2640 if you are buying 5 chip units at $165






You are CORRECT...!

Simple math...: 16GS * $165 = $2640
                     16GS * 360KH = 5760KH ... ;)
80GS chips / 5 = 16GS USB devices...5 chips each...

You decide... ;)


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: joeventura on April 02, 2014, 07:13:49 PM
$1700 for 5.2 mh/s? I'd probably consider that, even though its significantly less than what you could get, but you pay a premiuim for RIGHT NOW. Recursion offers 8.6 mh/s (something like that ) from FIbo for $350 as a great example. Plus that's on a USB MODEL.

Sorry where can you get 8.6mh for $350 now?

Link please?



Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 02, 2014, 07:22:39 PM
NOt right now. But if your still interested: https://www.fibonacci.io/
NOt a scam, jasinlee is a highly regarded memeber of Litecointalk and is a main character behind this company.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: ZiG on April 02, 2014, 07:29:34 PM
NOt right now. But if your still interested: https://www.fibonacci.io/
NOt a scam, jasinlee is a highly regarded memeber of Litecointalk and is a main character behind this company.

I am NOT buying anymore PAPER promises for the bright future...Got enough of them already... ;D

EDIT...: Only tangible goods...IN STOCK...ready to ship...think Walmart...groceries...etc...


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: sandor111 on April 02, 2014, 07:30:13 PM
Way overpriced.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: joeventura on April 02, 2014, 07:38:43 PM
$1700 for 5.2 mh/s? I'd probably consider that, even though its significantly less than what you could get, but you pay a premiuim for RIGHT NOW. Recursion offers 8.6 mh/s (something like that ) from FIbo for $350 as a great example. Plus that's on a USB MODEL.

You may want to look again.

The recursion is a 3.5Mh unit for $380

So about $100 a Mh which is a decent price if they could deliver

Their biggest flaw is that you pay $380 for the 3.5mh unit if you want the 126mh unit you pay 36X that price (no discount of any kind for larger units)

250Mh from KNC for 10K
250Mh from Fib for  27K

Not hard math.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 02, 2014, 07:39:46 PM
$1700 for 5.2 mh/s? I'd probably consider that, even though its significantly less than what you could get, but you pay a premiuim for RIGHT NOW. Recursion offers 8.6 mh/s (something like that ) from FIbo for $350 as a great example. Plus that's on a USB MODEL.

You may want to look again.

The recursion is a 3.5Mh unit for $380

So about $100 a Mh which is a decent price if they could deliver

Their biggest flaw is that you pay $380 for the 3.5mh unit if you want the 126mh unit you pay 36X that price (no discount of any kind for larger units)

250Mh from KNC for 10K
250Mh from Fib for  27K

Not hard math.

It has been updated, check the thread on litecointalk.org They said they WILL match knc $/khs ratio. Not hard research.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: pandaisftw on April 02, 2014, 11:30:04 PM
$1700 for 5.2 mh/s? I'd probably consider that, even though its significantly less than what you could get, but you pay a premiuim for RIGHT NOW. Recursion offers 8.6 mh/s (something like that ) from FIbo for $350 as a great example. Plus that's on a USB MODEL.

You may want to look again.

The recursion is a 3.5Mh unit for $380

So about $100 a Mh which is a decent price if they could deliver

Their biggest flaw is that you pay $380 for the 3.5mh unit if you want the 126mh unit you pay 36X that price (no discount of any kind for larger units)

250Mh from KNC for 10K
250Mh from Fib for  27K

Not hard math.

It has been updated, check the thread on litecointalk.org They said they WILL match knc $/khs ratio. Not hard research.

When are these two companies shipping? I seem to remember KNC was Q2/Q3, what was Fibonacci's tentative date?


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 02, 2014, 11:33:47 PM
Fibonacci will start hosted mining July 14th in best case scenario. (According to there thread)


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: ZiG on April 03, 2014, 09:11:12 PM
If you don't know already...Avalon/Gridseed is about to release a new Blade style Scrypt miner (antminer s1 style) :

https://minereu.com/product/gridseed-blade-miner/

Original info link here:

http://cryptomining-blog.com/1855-the-new-gridseed-blade-miner-is-almost-here-for-real-this-time/

Enjoy... ;)


Surprise...surprise...BOTH pages removed promptly... ;)


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 03, 2014, 09:22:50 PM
Haha seems like some hype then  ;D


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: ZiG on April 03, 2014, 09:26:49 PM
Haha seems like some hype then  ;D

This is a second time around... ;D


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: grippy54 on April 03, 2014, 11:51:57 PM
Once you get into ASICs, you are in a never-ending death spiral of buying rigs, mining for a couple months, then desperately trying to sell them to some sucker who doesn't understand that increasing difficulty will make them worthless in a couple more months. It sounds very risky... not saying' it's bad, just stressful.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: Holm on April 04, 2014, 09:06:54 AM
NOt right now. But if your still interested: https://www.fibonacci.io/
NOt a scam, jasinlee is a highly regarded memeber of Litecointalk and is a main character behind this company.

I am NOT buying anymore PAPER promises for the bright future...Got enough of them already... ;D

EDIT...: Only tangible goods...IN STOCK...ready to ship...think Walmart...groceries...etc...


for reason ++555


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: ZiG on April 04, 2014, 06:34:51 PM
NOt right now. But if your still interested: https://www.fibonacci.io/
NOt a scam, jasinlee is a highly regarded memeber of Litecointalk and is a main character behind this company.

I am NOT buying anymore PAPER promises for the bright future...Got enough of them already... ;D

EDIT...: Only tangible goods...IN STOCK...ready to ship...think Walmart...groceries...etc...


for reason ++555

Yep...thanks, buddy...have been burned so many times... ;)


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: wolfey2014 on April 04, 2014, 07:43:43 PM
If you don't know already...Avalon/Gridseed is about to release a new Blade style Scrypt miner (antminer s1 style) :

https://minereu.com/product/gridseed-blade-miner/

Original info link here:

http://cryptomining-blog.com/1855-the-new-gridseed-blade-miner-is-almost-here-for-real-this-time/

Enjoy... ;)


Surprise...surprise...BOTH pages removed promptly... ;)

Looks like they're back  :P


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: joeventura on April 04, 2014, 07:53:08 PM
Oh good so I can keep ignoring them?


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: smarthashing on April 04, 2014, 08:34:38 PM
You guys are pretty much right. It doesn't make much sense to buy the blades when you can get USB miners for cheaper. That is part of the reason why we are not selling them at the moment and sticking with the USB miners. The other reason being a 500 minimum order for wholesale Blades from Gridseed is over a million dollars in up front costs. Too risky!

Supposedly there is limited availability of the blades right now, so the price is higher than buying the USB miners of which supply is plentiful.

We have USB miners as low as $155 shipped when buying 25 or more, come check us out! smarthashing.us (http://smarthashing.us)


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 04, 2014, 10:06:04 PM
You guys are pretty much right. It doesn't make much sense to buy the blades when you can get USB miners for cheaper. That is part of the reason why we are not selling them at the moment and sticking with the USB miners. The other reason being a 500 minimum order for wholesale Blades from Gridseed is over a million dollars in up front costs. Too risky!

Supposedly there is limited availability of the blades right now, so the price is higher than buying the USB miners of which supply is plentiful.

We have USB miners as low as $155 shipped when buying 25 or more, come check us out! smarthashing.us (http://smarthashing.us)

The scryptants (my nickname for them) do have the advantage of lower watt usage or no? Also it seems much easier to manage one unit, than 25 smaller units....


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: joeventura on April 04, 2014, 10:19:44 PM
You guys are pretty much right. It doesn't make much sense to buy the blades when you can get USB miners for cheaper. That is part of the reason why we are not selling them at the moment and sticking with the USB miners. The other reason being a 500 minimum order for wholesale Blades from Gridseed is over a million dollars in up front costs. Too risky!

Supposedly there is limited availability of the blades right now, so the price is higher than buying the USB miners of which supply is plentiful.

We have USB miners as low as $155 shipped when buying 25 or more, come check us out! smarthashing.us (http://smarthashing.us)

The scryptants (my nickname for them) do have the advantage of lower watt usage or no? Also it seems much easier to manage one unit, than 25 smaller units....

It would be 1 unit vs. 15 units

What management? You plug them in and they go.

Even if they didnt they dont require $460 worth of management.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: Operatr on April 04, 2014, 11:29:29 PM
Like anything new that price won't last long. If you've got some money to burn then get batch 1, otherwise wait a few weeks and they will cost less as production ramps up.



Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 04, 2014, 11:33:07 PM
You guys are pretty much right. It doesn't make much sense to buy the blades when you can get USB miners for cheaper. That is part of the reason why we are not selling them at the moment and sticking with the USB miners. The other reason being a 500 minimum order for wholesale Blades from Gridseed is over a million dollars in up front costs. Too risky!

Supposedly there is limited availability of the blades right now, so the price is higher than buying the USB miners of which supply is plentiful.

We have USB miners as low as $155 shipped when buying 25 or more, come check us out! smarthashing.us (http://smarthashing.us)

The scryptants (my nickname for them) do have the advantage of lower watt usage or no? Also it seems much easier to manage one unit, than 25 smaller units....

It would be 1 unit vs. 15 units

What management? You plug them in and they go.

Even if they didnt they dont require $460 worth of management.

Thats exactly what I mean, you have to plug 15 units with power and to a controller which requires an ethernet, it gets messy!


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: joeventura on April 04, 2014, 11:52:26 PM
An Ethernet ?  Really?

$460?  I'll take messy


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: precrime3 on April 05, 2014, 12:25:58 AM
An Ethernet ?  Really?

$460?  I'll take messy

I assume the price of the scryptants will go down in price, and then it will completive with gridseed 5 chip miners.


Title: Re: New Gridseed Blade Miner 5.2MHash/$3000
Post by: kcheel on April 05, 2014, 04:18:42 AM
Looks interesting to me, as I have been considering buying a batch of Gridseeds and would rather have something like this.  But not at that price.