[ANN] First Ethereum ASIC Miners, by LightMiner Ltd

[BTC4Amazon]

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

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.

[adaseb]

Please tell me this is some kind of joke

[hacky]

http://www.lightminers.com/eth01.php

Photoshop, the wrong way
Smells like scam...

[Amph]

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

[ldw-com]

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

[64dimensions]

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.

[mikewillda]

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.

[Prelude]

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.

[target]

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.

[QuintLeo]

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....

[Prelude]

Innosilicon made the chips (A1 & A2) and their partners (LKETC being the biggest I think) assembled the miners and sold them.

[rent.mineoncloud]

its scam ! same dragon 1th china

[CorePrime95]

The pictures are all stolen... Its a trap!

[Penguen]

Please tell me this is some kind of joke

No joke, only scam.

[coinut]

 

[philipma1957]

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.

[king_pin]

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.

[Rabinovitch]

But how about other forks based on Dagger-Hashimoto?

[Ayers]

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

[Rabinovitch]

Strange website... Can't find their e-mail or at least "Send" button under their contact form...