Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mrflibblehat on May 21, 2014, 12:05:00 PM



Title: Gridseed Advice
Post by: mrflibblehat on May 21, 2014, 12:05:00 PM
I have a budget of around £2500 - £3000, I was looking at buying 4 Gridseeds, I see they are only around £560 each now for 5.6Mh/s (from minereu https://minereu.com/product/gridseed-blade-miner-80-chip-speical-promotion/ (https://minereu.com/product/gridseed-blade-miner-80-chip-speical-promotion/))

Would you say this deal is worth it and are they a trusty company?

or would you go for a completely different product on my budget (maybe a little bit more)?

where would you buy them from if not minereu? I want a trustworthy source

Thanks for any help


Title: Re: Gridseed Advice
Post by: SaraMine on May 21, 2014, 02:10:26 PM
read about "asic scam" first before you want to enter asic world


Title: Re: Gridseed Advice
Post by: Omikifuse on May 21, 2014, 02:31:53 PM
I have a budget of around £2500 - £3000, I was looking at buying 4 Gridseeds, I see they are only around £560 each now for 5.6Mh/s (from minereu https://minereu.com/product/gridseed-blade-miner-80-chip-speical-promotion/ (https://minereu.com/product/gridseed-blade-miner-80-chip-speical-promotion/))

Would you say this deal is worth it and are they a trusty company?

or would you go for a completely different product on my budget (maybe a little bit more)?

where would you buy them from if not minereu? I want a trustworthy source

Thanks for any help

Best advice is not to buy any mining gear right now and buy BTC or litecoin directly. Read more about difficulty and the new KNCminer 250 Mh/s script asic. which is going to KILL everything!!


Title: Re: Gridseed Advice
Post by: SaraMine on May 21, 2014, 02:36:08 PM
I have a budget of around £2500 - £3000, I was looking at buying 4 Gridseeds, I see they are only around £560 each now for 5.6Mh/s (from minereu https://minereu.com/product/gridseed-blade-miner-80-chip-speical-promotion/ (https://minereu.com/product/gridseed-blade-miner-80-chip-speical-promotion/))

Would you say this deal is worth it and are they a trusty company?

or would you go for a completely different product on my budget (maybe a little bit more)?

where would you buy them from if not minereu? I want a trustworthy source

Thanks for any help

Best advice is not to buy any mining gear right now and buy BTC or litecoin directly. Read more about difficulty and the new KNCminer 250 Mh/s script asic. which is going to KILL everything!!

+1


Title: Re: Gridseed Advice
Post by: mrflibblehat on May 21, 2014, 02:57:50 PM
I have a budget of around £2500 - £3000, I was looking at buying 4 Gridseeds, I see they are only around £560 each now for 5.6Mh/s (from minereu https://minereu.com/product/gridseed-blade-miner-80-chip-speical-promotion/ (https://minereu.com/product/gridseed-blade-miner-80-chip-speical-promotion/))

Would you say this deal is worth it and are they a trusty company?

or would you go for a completely different product on my budget (maybe a little bit more)?

where would you buy them from if not minereu? I want a trustworthy source

Thanks for any help

Best advice is not to buy any mining gear right now and buy BTC or litecoin directly. Read more about difficulty and the new KNCminer 250 Mh/s script asic. which is going to KILL everything!!

Thanks for your reply. ASICs will always be getting better though, I will take your advice and buy direct and hold onto it.


Title: Re: Gridseed Advice
Post by: Vivisector999 on May 21, 2014, 03:10:26 PM
Are you asking if Gridseed is a trusty company or if minereu is.

If asking if Gridseed is, I would say yes, as I purchased 2 of them.  And they work as promised.  I have never used minereu, so can't say anything about them.  I personally use http://www.gawminers.com/ and can say they ship out very quickly, and have a good reputation.  For that price, I would almost suggest something like this.  Since it will give you a bit more mining power for your money. 

Yeah the KNC's are going to destroy everything, but my question is, how many are actually going to be sold??  I have no doubt that LTC difficulty is going to go through the roof, and will no longer be able to be mined by small/mid level miners, but there are enough different coins out there, that there more that likely won't be a few KNC's (or even 1) sitting on them.  The profits are def not going to be there though in the short term, so I wouldn't be thinking of the miner paying for itself quickly (or possibly ever).  So as others were saying, the safe bet is buying coin now and not mining them. 


Title: Re: Gridseed Advice
Post by: mrflibblehat on May 21, 2014, 04:22:18 PM
Are you asking if Gridseed is a trusty company or if minereu is.

If asking if Gridseed is, I would say yes, as I purchased 2 of them.  And they work as promised.  I have never used minereu, so can't say anything about them.  I personally use http://www.gawminers.com/ and can say they ship out very quickly, and have a good reputation.  For that price, I would almost suggest something like this.  Since it will give you a bit more mining power for your money. 

Yeah the KNC's are going to destroy everything, but my question is, how many are actually going to be sold??  I have no doubt that LTC difficulty is going to go through the roof, and will no longer be able to be mined by small/mid level miners, but there are enough different coins out there, that there more that likely won't be a few KNC's (or even 1) sitting on them.  The profits are def not going to be there though in the short term, so I wouldn't be thinking of the miner paying for itself quickly (or possibly ever).  So as others were saying, the safe bet is buying coin now and not mining them. 

Thanks for the advice, would anyone advise buying litecoin or btc? Could litecoin skyrocket like btc did when the KNC's come out?