Gridseed question

[Andrewsiy]

I see that the price has dropped for gridseeds and was wondering if I could still mine BTC using say 5 gridseeds, then by the end of the year switch them to mining altcoins? Electricity is not a factor and gaining btc on a regular basis would be the goal. Any input on this would be much appreciated.

[v0n]

Are you talking about Gridseed orbs or Gridseed G-Blades?

Mining BTC on Gridseed orb would be pointless, they only do about 8 GH/s at 50W+, so 5 of them would do 40 Gh/s at 250W. You can get better equipment (with higher hash rate and lower wattage) for the money.

[Andrewsiy]

I was talking about the the orbs... Sorry about that. I wanted something that could mine BTC then switch to altcoins in the future

[philipma1957]

I was talking about the the orbs... Sorry about that. I wanted something that could mine BTC then switch to altcoins in the future

not  a viable plan right now.  the 5 chip units won't hash enough btc for the price.  A few questions you mention power price is not a concern.

how much power do you have and what is the price you pay for it.

I ask because antminer s-1 units  are still a good deal if your power is really cheap or free.

 

  I had a 3 s-1 setup I under volted and under clocked them the 3 units got 420 gh at 560 watts.

If you have the ability to power the above setup even use 4 of them  . at 560 gh and at 750 watts  they are a good deal for you.

even 1 at 140gh and 180 watts will run very quietly .   they go cheap right now



here is one on ebay overclocked it will be loud and pull 400 watts doing 200gh


http://www.ebay.com/itm/Bitmain-Antminer-S1-in-hand-Bitcoin-BTC-miner-overclocked-w-heatsinks-extra-fan-/111403535196?pt=US_Virtual_Currency&hash=item19f02b0b5c


here is one underclocked on ebay

http://www.ebay.com/itm/Undervolted-AntMiner-S1-IN-HAND-140-GH-s-245-Watts-ASIC-Bitcoin-Ships-From-USA-/331245198594?pt=US_Virtual_Currency&hash=item4d1fc09d02

he get 245 watts doing 140gh .  mine did better 186 watts and 140gh but I had really good psu's

either deal above is not terrible if your power is under 5 cents a watt.

[Andrewsiy]

I live in the Philippines and the cost per kw/h is below $0.05 can the antminer be used  in mining altcoins if I change my mind in the future?

[v0n]

Only sha256 altcoins.