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Hi Guys!
Im here just to say goodby to all of you...
Im closing my farm, and closing shop on this mining business.
Its just too expensive to mine now... BTC coin is very low anda the daily mining donīt cover the costs...
With ASIC apearing in force, this is the end for gpu mined scrypted coins...
Good Luck to you all and lets hope this is just a fase and new and more profitable winds come our way...
Best Regards,
LPC
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Hi!
So Taco, any news for us about GUI Miner?
Best Regards,
LPC
maybe soon when open source prime miner comes out that will be added + minor bug fixes Hi taco... When is supose that to happen? Keep up the good work! LPC |
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I would love to download this, but I keep getting malware warnings. I even put it in VirusTotal, and it got a bad rating. Is there a safe way to download this?
Hi! Here only cudaminer gives me malware warning... LPC |
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Hi! Yep! 0.01 per 1 MH, long time no see that!!! NICE... Hidden Coins are paying big time! Well done again WP!  Best Regards, LPC |
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Does anyone see a trend here?
Some of the first bitcoin ASICs were 333MH (bfl doesn't count) and were sold at $100. 10 months later and they now are not even worth $1.
Then along came the 5GH block erupter blade and were sold for $500-$600. 8 months later and they are barely worth $20.
The prices for these scrypt asics are way too high. At best these would ROI by the time Titans come out. That is if we are lucky and things stay the same. If we go by history profitability has been declining 100% every month since December. If and only IF we are so lucky for things to stay the same, by the time that 6 months is up they will be useless and all that time/effort would have been for nothing.
To be honest I don't know if I'd even pay the $1200 I quoted earlier. $1000 each and that's a maybe.
This is not to say your products are not good, they are indeed spectacular and 6 months ago I would have happily paid the full $3000 price tag for each unit. Actually I probably would have paid 4-5k for each.
And when you think about it, it's basically a heatsink enclosure with 2 circuit boards. I bet it doesn't even cost more than a few hundred bucks to produce. There is no need to assrape the public with these outrageous prices.
the problem is : 1, coin price crashed. and i warned all my clients, and even here i warned all member of bitcointalk forum. 2, the difficulty riseed too fast. in order to help whole coin system, LIGHTNINGASIC are trying best to provide good miners, good price. and delivery in time. we dont do more then 2 monthes pre-order. i am trying best to talk with Gridseed to give more discount. USD1000 for LA3m is reasonable now. and it will be good time to enter mining biz. buy coins or buy miner, its good timeing now. Production cost has NOTHING to do with difficulty. This still doesn't address the point made before: "And when you think about it, it's basically a heatsink enclosure with 2 circuit boards. I bet it doesn't even cost more than a few hundred bucks to produce. There is no need to assrape the public with these outrageous prices." Hi! I must agree... There is a lot of greed, going along with delusion of the ones that are giving that kind of money... Its just insane... But then again... someone will purchase them even at this ridiculous pricing... Asia, assraping the Ocidentals.... LPC |
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Hi!
This looks pretty interesting...
Did i see the correct pricing? 1 BTC?
Im thinking in getting 2 of these suckers...
Is this site thrustworthy?
- scam link removed
What is the ETA of this orders?
Best Regards,
LPC
stop posting scam links started with a reference to my opening post to misguide ... people following this thread ... for all others please report that post ... it's a try to get people scamed ... the real site from lightningasic ... is referenced here in the opening thread https://bitcointalk.org/index.php?topic=421921.0Hi! Are you blind, stupid... or in the middle? I was posting a link that was posted earlier... didnīt you see that? Here: Im not trying to get anyone scammed, im also looking to purchase these... So stop saying crap about me... geeeezzzzzz... Ppl must start getting out of the cave more often... LPC |
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I do fully agree with you on that one.
And they are far from costing 1000$ to make that's 100% sure
The site is up again... It still says Cost: 1 BTC... LPC |
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I don't know where you saw 1BTC that's not even buy price in bulk hehe as these sell for 1600$ and even 3000$ at some places
Well it was on the site (that is not working anymore...). For 1 BTC was a fair price from what it is... The problem are the greedy sellers and not the product cost... Best Regards, LPC |
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________ .__ .____________ .___
/ _____/______|__| __| _/ _____/ ____ ____ __| _/
/ \ __\_ __ \ |/ __ |\_____ \_/ __ \_/ __ \ / __ |
\ \_\ \ | \/ / /_/ |/ \ ___/\ ___// /_/ |
\______ /__| |__\____ /_______ /\___ >\___ >____ |
\/ \/ \/ \/ \/ \/
_________ __ /\ ___________ .__
/ _____/__ ________ ______ ____________/ |_ / / \__ ___/_ __ ____ |__| ____ ____
\_____ \| | \____ \\____ \ / _ \_ __ \ __\ / / | | | | \/ \| |/ \ / ___\
/ \ | / |_> > |_> > <_> ) | \/| | / / | | | | / | \ | | \/ /_/ >
/_______ /____/| __/| __/ \____/|__| |__| / / |____| |____/|___| /__|___| /\___ /
\/ |__| |__| \/ \/ \//_____/ The goal of this thread is to consolidate all informations to operate and fine tune the gridseed blade (80-chip) miner.
Brand: Chips:Gridseed GC3355. Each unit has 80 chips. Mining Capability(Official Number):Scrypt: 5.2M Power Consumption:Scrypt: 100W/Unit 
DEVELOPMENT
GRIDSEED:- GRIDSEED Orginal GitHub
CONTROLLER
SOFTWARE:... work in progress ... Hi! This looks pretty interesting... Did i see the correct pricing? 1 BTC? Im thinking in getting 2 of these suckers... Is this site thrustworthy? - http://lightningasic.me/gridseed-blade-miner-asic-5-2mhs-80-chip-scrypt-miner/What is the ETA of this orders? Best Regards, LPC |
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Hi!
So Taco, any news for us about GUI Miner?
Best Regards,
LPC
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Hi Guys!
So wafflestats is/are dead?
Will it return?
LPC
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I realize Fiatleak.com isn't 100% reliable, but its strange watching the price tank because China is closing exchanges today, and yet mass quantities of BTC are still being purchased by China, as per: http://www.fiatleak.com/Is fiatleak 100% unreliable or is this accurate, and confusing info? -B- I have some suspitions on this... China is crashing the value of BTC to purchase them offthe record in massive quantities (by buying the BTC of scared ppl). Then when they get enough BTC, they will release some kind of new information allowing again the BTC... Let the BTC rises in value, and then sell at massive proffit... LPC |
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I've never quite understood that argument. If it happened to me, I definitely wouldn't just run-and-hide in fear - I would remain forthcoming as the acts of a few do not reflect the needs of the many. It's spineless, not to mention a total cop-out. Forum scared me.... I stay away now....  The problem with becoming an interwebs celebrity is that once the cat is out of the bag these "acts of a few" may become a daily routine. It's easy for us to tell h2o to suck it up and go on, but not everybody wants to live with that, nor should they. Just keep in mind that h2o did not run away with 300BTC or whatever the daily balance used to be in January. He keeps the pool running, perhaps underperforming, but not the worst out there. It's not on autopilot as some here have claimed. A project like that would be dead in a week without maintenance. He just chose to not communicate with a "community" that has shown itself to be a bunch of hypocrites and bullies. I couldn't care less about how it is, was, or will be run, but speculating intent on his behalf is just silly. Celebrity=dude that runs a pool... I suppose every small business owner should take a note of this one: if you feel ever so slightly pressured by outside forces, there's a warm, safe place directly under your bed to hide..... I'll bite too... You talk a good talk. How about you reveal your name, address, etc. show us how it's done. Not that it would make much difference for you, no one is threatening your life, family or livelihood. A bit different with those threats hanging around. Give me a Million right now and I will reveal my name, address, phone number, Hell I will even take picture of my harry ass and post if for you.. LOOOOOOOOOL... So true! H20, have a lot more then that! So i can even send some pictures signed if someone give me a million dollars! LPC |
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I was one of the miners that did like H20 work on this pool (was the reference pool of the market).
But that lazyless, and lack of communication have killed the pool...
It now works in auto-pilot with any kind of intervention...
And it shows... Low profits, erratic payouts... (due to errors on the API for sure), it seems H20 donīt care anymore (maybe its full of cash...), and theire still some sheep laying on the pool...
I have since move on to better green fields... on at least i see the sheppard talking to the sheep...
Best Regards,
LPC
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Hi Taco! Glad to hear from you! Okey no problem, just keep them coming! Another bug to add for the fix... Sometimes, if you stop a miner that was runing at 20 intensity, and change it to less intensity (ex: 13, 14, 15), and then stop. And save and restart the miner again at 20 intensity, the GUIMiner will cause the driver to crash. Even after the recovery, the miner will not recover, giving very slow performance and cannot start at full speed at any intensity setting. Maybe there is a way to recover the miner... my "fix" is to stop everything and reboot the machine... Best Regards, LPC This is a known bug and is an issue with cgminer I'm pretty sure. I'm not sure what to do about it. Usually if you do to "Device Manager" and disable and then re-enable the video card you can also use it again. Hi Taco! Thanks for info, i will do that, to see if it works... Best Regards, LPC |
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In short: asic producers can release a new asic version for every N as previous generation asic miners will be too power hungry anyway.
I agree. Scrypt-n is however much more expensive to implement is an asic! And changing to scrypt-n would remove the threat of the currently announced asic miners. And what is even more important: it would scare asic developers from trying again for scrypt-n. You only need to show your determination not to allow asics for your coin!
I fear that Scrypt's way to implement RAM, and now Scrypt-N's to implement way more RAM, will have a boomerang effect in trying to prevent centralization, creating more centralization as an unintended mid-term consequence. The Litecoin devs are right in one thing: If a coin is mine-able in a GPU, it's game over. ASICs are just a matter of time from that point onwards. The thought however of making the ASICs expensive through much RAM, is something that will escalate ASIC prices and reduce the affordability of ASIC miners for the masses. If RAM was not a part of the equation, a greater degree of decentralization could occur once a coin moves from the GPU to the ASIC cycle of mining, through affordable ASICs that normal people can actually buy without paying a fortune. So the fact that ASICs will have to be very costly in order to have much RAM, is not really good down the road. So whats the solution? If any... LPC |
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Hi!
Well this was a long time coming...
Im shutting down 75% of my mining farm... Im just letting 25% on just to keep the "candle" on...
with the low profitability atm on alt coin + low value of BTC, i canīt pay the energy that it takes to mine the coins...
I will wait until the end of the month to see if the situation improves... If not... i will sell my systems and maybe get some ASIC Scrypt... they donīt hash much, but also donīt consume too much... 7w is a major plus.
Best Regards,
LPC
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im not getting anything over here...I click start and it says starting but never goes any further. i blanked out usernames. but I coppied my worker name directly from the site and an positive the password is right. Any ideas?  tried changing the settings as instructed and still get nothing. Im also getting the error "unexpected command line arguments". Does it matter where I install guiminer? I currently have it on my desktop. should it be in program files? Ive had my cards running on bitminter, so I know they work. Im running out of things to try. Thanks again or taking the time to help me! Hi! Try this: - Lower the TC value - Lower the Intensity to 18 or 19 It will start the miner... normally this error is TC too high... LPC |
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Hi!
Any news for us Taco?
Best Regards,
LPC
Busy with lots of things. Updates will be slow. Hi Taco! Glad to hear from you! Okey no problem, just keep them coming! Another bug to add for the fix... Sometimes, if you stop a miner that was runing at 20 intensity, and change it to less intensity (ex: 13, 14, 15), and then stop. And save and restart the miner again at 20 intensity, the GUIMiner will cause the driver to crash. Even after the recovery, the miner will not recover, giving very slow performance and cannot start at full speed at any intensity setting. Maybe there is a way to recover the miner... my "fix" is to stop everything and reboot the machine... Best Regards, LPC |
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Wafflepool Monitor Android App Update 1.3 [https://bitcointalk.org/index.php?topic=508017.0] : Hashrate graph updated to show hashrate as well as balances. : Worker graphs added showing hashrate as well as stale percent. Download https://play.google.com/store/apps/details?id=com.watcron.wafflepoolmonitor  IMP: This is a paid app and you need to pay .003BTC per address to use this app. In case you can't pay please do not download the app as it would not work.Payment address:1MrEdZWv5HqE7kJf2jAnYLF9LYGBDM11Zv For me software is like sex... Is WAY better when is free... Sorry i will pass your app... LPC |
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