What happened to gridseed??

[nicky1088]

I know it was probably a long time ago, but as i am new to the scrypt mining area, what happened to gridseed?

[1715192810]

1715192810

[1715192810]

1715192810

[1715192810]

1715192810

[jstefanop]

They merged with another company and became this: http://www.sfards.com/

Their new dual sha256/scrypt 28nm chip was a massive flop though...the chip had massive design issues out the door and they never recovered as far as I know.

[QuintLeo]

The miner had massive design issues, the chip may or may not have been OK.

 Dunno if they still exist or not.

[RidgyDidge]

So in years to come when Litecoin finally goes up in price again when major use of it comes into play the people who own oldschool dinosaur scrypt rigs with the Brand name Gridseed will be worth something then or just another doorstop... What's your take ?

[traderethereum]

if you talk about gridseed then i think its really not profitable because with just only 5 MHs that could run, its really hard to mining litecoin, but for doge and other scrypt coins, maybe it could still profitable but it need too long to get much of the coins. i have this experience and i have gridseed too. for collecting 1 litecoin, i don't think we can get it in one month moreover the difficulty of litecoin itself is increase by time to time so better to save more bitcoin and buy the new one hardware with big MHs.

[toptek]

you can buy there 25 MH miners off ebay if you can fine one  for all most a big whopping 300 or less and yes there not profitable i have the 25 MH g blade it works great but kind of use less .

or the blades

http://www.ebay.com/itm/Gridseed-G-Black-FULL-Hashing-Blade-With-Power-USB-Cables-for-Litecoin-Scrypt-/291810190340?hash=item43f13e2404:g:-bcAAOSwvg9XewOb


97 buck per blade there not the little one they go inside the 25 MH miners .   . or by a few Zeus miners there seems to be a lot on Ebay right now some times there even hard to find .

[QuintLeo]

The old GC3355 based Gridseed gear is at best break-even unless your power cost is less than 4c / KWH at current difficulty / pricing - but diff is starting to rise noticeably with Innosilicon shipping A4 units.

 Still worth running *barely* in the 2 counties of the USA that have the cheapest power, but getting real marginal even there.
 Definitely still worth running if you have FREE power, but I wouldn't say "worth buying" unless you get a VERY VERY good deal on any of the gear.

 alternate Scrypt coins are at best a tossup with Litecoin for profitability - Doge in particular is a BAD choice as a ton of it is "mined" via merge-mining by Litecoin mining folks.