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Author Topic: Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC  (Read 106741 times)
dvdrewritable
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December 03, 2013, 12:28:59 AM
 #1

Quote
1 GENERAL DESCRIPTION
GC3355 is high performance and low power SHA256 processor designed by GRIDCHIP. With
advanced technology and highly integrated design, GC3355 target to provide multiple function and low
cost solution in SHA256 application fields.
 
Key feature:
 160 BTC Units
 4 LTC Units
 BTC mode up to 2.25G/s BTC Hash Rate, with 2.4W/GHash
 LTC mode up to 60K/s LTC Hash Rate
 Due-Coin mode up to 1.75G/s BTC Hash Rate + 60K/s LTC Hash Rate, or up to 2.25G/s BTC Hash
Rate + 38K LTC Hash Rate
 Highly integrated with PLL and Pre-Calculation Engine
 Support dual configuration and report interface, UART and Custom-Defined 2-Wires Bus
 Support Crystal and Oscillator
 Fully adjustable clock frequency





http://gridseed.com
https://github.com/gridseed/gc3355-doc
https://github.com/gridseed/cpuminer
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December 03, 2013, 12:31:19 AM
 #2

website is not set up properly. It goes to Go Daddy. Please provide details on your Chip. When it will be available? Whether it is a preorder? What is the cost?
selling 101


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dvdrewritable
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December 03, 2013, 12:33:47 AM
 #3

website is not set up properly. It goes to Go Daddy

will be back up later
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December 03, 2013, 12:34:25 AM
 #4

pen the pdf files in a sandbox to be sure
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December 03, 2013, 12:35:34 AM
 #5

Is this new?  The website goes to a godaddy parking page.  The Github has has some preliminary data though. It looks interesting, if we can get more information on it's status and timeline.
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December 03, 2013, 12:36:08 AM
 #6

No HDMI port?  wtf...

BTC - 1D7g5395bs7idApTx1KTXrfDW7JUgzx6Z5
LTC - LVFukQnCWUimBxZuXKqTVKy1L2Jb8kZasL
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December 03, 2013, 01:26:45 AM
 #7

Avalon hardware level protocol match.

Where can we see the address map for this chip?

EDIT: Never mind found what I was looking for.

 
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December 03, 2013, 01:50:25 AM
 #8

Are you only selling the chips?  Or do you intend to sell a full mining system. 

BTC: 1P77ekpQigu2HfiB67wNhzmMmEvZFkE2jv | KNCMiner Neptune 20nm 3TH/S for $10K in Q1/Q2 2014
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December 03, 2013, 05:08:31 AM
 #9

Looks promising, but we need info about if you plan to sell the chips or full systems, tentative release date and maybe fix your website lol

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dvdrewritable
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December 03, 2013, 05:41:25 PM
 #10

Looks promising, but we need info about if you plan to sell the chips or full systems, tentative release date and maybe fix your website lol

there is conference on 8th dec in Beijing for launch where you can pick up raw chips & development board. other regions will be added later

for now there is no vacancy for official agents/resellers outside china, so only need to check back on the website for latest news.

chips will be released over time, and slowly gen2 will be on market, with greater hashpower, but to avoid the 51% attack on litecoin network, release is staggered.
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December 03, 2013, 06:13:14 PM
 #11

Hrm. 

http://www.gridseed.com/ appears to work, even though the initial link does not.  The website currently consists of the words Gridseed and a shiny little javascript glitter pattern.

Some other info I dug up: 

http://www.cybtc.com/thread-3227-1-1.html
google translate:
Code:
As Gridseed of sales Mailbox Manager, I entered today the sales mailbox, trying to reply to you carefully every message, but the message from around the world as much as, or far beyond the estimates, in English, Simplified Chinese Traditional, CopyPaste Dafa After tossing a while, abandoned this performance art, decided to reply to this message, and did not get a single reply to messages apologize.
I assure you that you will read every message, if there is common ground, regularly take FAQ way of collective response, if there are differences in point, in the possible I will try to reply. For some chat messages nature had confined to look, because you can imagine our team will be more busy recently.
This mailbox is not one person I maintain, so if you can not do individually detailed reply, but please understand, but Gridseed can guarantee you will read every message.

I did the first time in this FAQ .

Q: You are Gridchip or Gridseed .
Answer: Gridchip is Gridseed chip design team.

Q: What is your official website? When sales of mining machinery, chip? What is the price?
A: Our official website is www.gridseed.com , but we have not yet on line, we will quickly publish relevant information.
About mining machine and we will continue to start chip sales, the price will be announced later.

Q: I want to sell your products agents, should do?
A: We have a dedicated team to deal with distributors, sales agents want to please, you detailed information, including strengths, plans, contact details, such as described in the message, if only to say a word, we can not tell you capabilities. We collect information in order to facilitate reunification, please e-mail title on the mark "Application agent", if the message does not meet the above requirements, may not guarantee you apply to get our attention.

Q: Do you force chip count is the number? Various parameters is the number?
A: Please pay attention www.cybtc.com of gridchip area, there will be maintained by our development team, but also our own unique recent maintenance area, which has detailed datasheet available for download. We will also publish relevant information on our official website.

Q: How many of your mining machine chip, count how much force?
A: Same as above, we will gradually release information.

Q: Do you dig machine one day how much BTC, many LTC ?
A: We provide parameters according to their own estimates.

Q: I am a United States, Europe, Taiwan ...... team, would like agents, buy .... you related products.
A: The technical information please download, we will do our best to supply the world, if you want to apply for overseas agents in other regions, please also provide detailed information, or can not get our attention. I can not guarantee that the use of multi-lingual each reply.

Q: I want to invest in you, you need to invest it?
A: We have a strong financial strength, does not require any investment, nor as other teams, through the pre-sale to raise funds.

Q: I see XXX have your product pre-sale, is that you do?
A: Please subject to our official website announced, currently we do not have pre-sold products anywhere.

Q: Your LTC super mining machine when the market? When the next-generation chip out?
A: We're put in, please wait for our detailed information, in order to avoid LTC bring 51% attack, we will control system shipped. We use a multi-generation chip parallel development, and production flow sheet , and all the mining machine and chip spot sales are conducted without pre-sale, so we will choose the right time to release the right products. Our chips will not be counted in order to grab power single-chip index, regardless of the cost, stability, and supply chain speed. We design and make their own production over a number of commercial chips, which you are familiar with the product. We have 15 more years of actual products and engineering experience, from a chip to a cluster, is a systematic project, the need for effective integration from design to supply chain operations. Please wait and see our products and industry chain integration capabilities

Q: Why do not you dig?
A: Of course we have a certain amount of calculation power cluster, however, more people to participate in order to make more healthy the entire ecological chain, we will continue to drive the entire open source project through various activities, each generation will be so.

Q: When will you be officially released and sold?
A: The next weekend we will open a small conference-related information, please visit the official website and www.cybtc.com of Gridchip area:
Gridchip GC3355 chip / mining machine Product Launch
http://www.cybtc.com/forum.php?mod=viewthread&tid=3226&fromuid=2213


While experienced a few months ago notorious Beihong times wild , with the recent upsurge currency, futures and pre-sale everywhere, chips and mining machinery industry is currently true and false news sky fly. Regardless, the mining machine is a high-risk investment, please self-assess their risk tolerance, and saw the loss of cool soaring currency, it is very dangerous.

BTW, you can focus Gridseed microblogging
http://weibo.com/gridseed
Relevant information, but also in the above publication

Gridseed

http://www.cybtc.com/thread-3246-1-1.html
google translate:
Code:
Recently it was fake Gridseed and Gridchip in online sales on behalf of the mining machine, to remind the miners:
1, Gridseed not yet authorized any company or individual selling any mining machine based GC3355 product.
2, Gridseed's official website is http://www.gridseed.com/ , in addition there is no other website.
3, after the mining machine Gridseed official product sales, will announce sales channels, price, dealer information, etc. on the official website. Not released official online sales channels all fake.
4, Gridseed mining machine products are in stock, after the customer orders 24 hours to pay the full amount, confirmed after payment is received within 3 days of delivery. Sell ​​futures were all fake.
5, for any impersonator, Gridseed right to further pursue its legal responsibility reservations. Gridseed

http://www.cybtc.com/thread-3222-1-1.html
google translate:
Code:
Posts by Gridchip at 2013-12-1 23:10 edited
first sale of USB mining machine is four or five chips, depending on the final product of power consumption and heat dissipation.
Citie conducted USB mining machine price quiz, rules are as follows:
1, in this post Reply Guess price elsewhere reply invalid format roughly as follows: 4 chip USB mining machine: XXXX million 5-chip USB mining machine: XXXX yuan
2, each Only a valid ID quiz price, if multiple quiz , follow the results of the first quiz prevail. If the first quiz replies were edited, this ID is invalid
3, after the final price of the product officially announced Guess price and the final price which is closest ID, this ID to get a reward USB mining machines. If there is more than one ID, like the closeness, then who should reply who gets the mining machine
4, quiz End Time: Beijing at 8:00 on December 4, 2013 (ie within 72 hours)

So, it looks real, albeit a little difficult to plan for currently.
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December 08, 2013, 10:58:05 PM
 #12

Any one know more about this chip?
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December 08, 2013, 11:05:43 PM
 #13

Any one know more about this chip?


specs are here

https://github.com/gridseed/gc3355-doc/blob/master/GC3355_DataSheet.pdf

And holy shit, it claims to do 59.6 KH/s while using 0.44 W

This is 0.00738 W/KH/s versus 0.300 W/KH/s for a GPU -- a 40.7 fold increase in efficiency.  This is about the same increase in efficiency as compared to BTC when ASICMINER first introduced its chips; I'm curious to see how they did it.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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December 08, 2013, 11:38:51 PM
 #14

First chips are getting into developer hands today.

http://www.cybtc.com/thread-3226-1-1.html
google translate:
Code:
Scheduled at 10:00 on December 8, 2013, in West Street, Haidian, Beijing, 70 3W coffee (Haidian Book City, south of the membership across the sea floor), held Gridchip GC3355 chip product launches and mining machines. In addition to the chip and mine-site machine product launches, and BTC, LTC demonstration outside mining, but also on-site sales of 50 sets of single-chip development board and a few chips.

Development board: each 500 yuan
chip: 400 yuan per piece, per pack of 1600 yuan four chips

This price is only preliminary offers developers, not as a formal reference to the product price. Each person can purchase two development boards, chip purchase of two packs per person.

$65 a chip for the early pieces.
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December 09, 2013, 12:11:28 AM
 #15

Very interesting !

LTC & BTC chips...i buy !  Grin
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December 09, 2013, 12:13:22 AM
 #16

just chips or a miner?


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██
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[E]ncrypted & secure
[N]o borders
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December 09, 2013, 01:45:23 AM
 #17

Chips and dev boards for now

Pictures confirm the release event and functionality.  One person was able to get a single chip to hash at 84 KH/s.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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December 09, 2013, 04:43:43 AM
 #18

hi

so who is producing it?
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December 09, 2013, 06:16:09 AM
 #19

Chips and dev boards for now

Pictures confirm the release event and functionality.  One person was able to get a single chip to hash at 84 KH/s.

This could be a game changer.. at least as hardware is concerned.
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December 09, 2013, 06:21:04 AM
 #20

getting very interesting. Smiley
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December 09, 2013, 06:55:45 AM
 #21

Quote
1 GENERAL DESCRIPTION
GC3355 is high performance and low power SHA256 processor designed by GRIDCHIP. With
advanced technology and highly integrated design, GC3355 target to provide multiple function and low
cost solution in SHA256 application fields.
 
Key feature:
 160 BTC Units
 4 LTC Units
 BTC mode up to 2.25G/s BTC Hash Rate, with 2.4W/GHash
 LTC mode up to 60K/s LTC Hash Rate
 Due-Coin mode up to 1.75G/s BTC Hash Rate + 60K/s LTC Hash Rate, or up to 2.25G/s BTC Hash
Rate + 38K LTC Hash Rate
 Highly integrated with PLL and Pre-Calculation Engine
 Support dual configuration and report interface, UART and Custom-Defined 2-Wires Bus
 Support Crystal and Oscillator
 Fully adjustable clock frequency





http://gridseed.com
https://github.com/gridseed/gc3355-doc
https://github.com/gridseed/cpuminer
It is possible to do scrypt with a fpga, so that implies asic is possible too.  I have seen a POC.  With that said I am extremely skeptical if it can hit above 60k/s rate.  Let alone even 10k/s scrypt hashing rate.
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December 09, 2013, 08:48:17 AM
 #22

You lost me at LTC.  When you say 60K/s.. does that equate the same to 60KH/s?
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December 09, 2013, 11:28:30 AM
 #23

Power efficiency is nice but the number doesn't change that much, you need 10 chips (600$?) to outmatch a 280x (300$?), yes power is the key but this is not "a game changer" just a shift in power consumption, the kh numbers are pretty much the same.

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December 09, 2013, 11:47:59 AM
 #24

Power efficiency is nice but the number doesn't change that much, you need 10 chips (600$?) to outmatch a 280x (300$?), yes power is the key but this is not "a game changer" just a shift in power consumption, the kh numbers are pretty much the same.
Du(al)-Coin mode up to 1.75G/s BTC Hash Rate + 60K/s LTC Hash Rate, or up to 2.25G/s BTC Hash
Rate + 38K LTC Hash Rate


comes with 1.75GH/s of BTC hash rate as well..when running 60Kh/S LTC, doubt one 280x can do that? Grin
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December 09, 2013, 11:53:54 AM
 #25

Power efficiency is nice but the number doesn't change that much, you need 10 chips (600$?) to outmatch a 280x (300$?), yes power is the key but this is not "a game changer" just a shift in power consumption, the kh numbers are pretty much the same.
Du(al)-Coin mode up to 1.75G/s BTC Hash Rate + 60K/s LTC Hash Rate, or up to 2.25G/s BTC Hash
Rate + 38K LTC Hash Rate


comes with 1.75GH/s of BTC hash rate as well..when running 60Kh/S LTC, doubt one 280x can do that? Grin

Yep that's a neat feature, doesn't concern the ltc network at all though, ppl react like this will really hit the ltc network hard but in fact, it doesn't change much at all, availability will suck as usual - you need 1,058,750 chips to just double the current diff and bring it up to 4200...

Don't get me wrong, i'll most likely buy some of these since it's really really nice to have but it won't change things as much as most here tend to think.

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December 09, 2013, 12:32:21 PM
 #26

Yeah but i bet they don't even think about it, its alot of work to put 1 million chips into working devices - why even bother if you can just sell them at much higher instant profit  Grin just sayin, that would only double the current diff, raising the ltc diff to 10k and above is not an easy task xD

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December 10, 2013, 02:17:53 AM
 #27

When will they be available and how can I buy one?

THIS SPOT FOR RENT* | GPG ID: 4880D85C | 1% Escrow | 8% IPO/ICO Escrow services Temporarily Closed | Bitcointalk is the ONLY place where I use this name (No Skype/IRC/YIM/AIM/etc) | 13CsmTqGNwvFXb7tD9yFvJcEYCDTB8wQTS | Beware of these SCAM sites! | *Sponsored Link
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December 10, 2013, 02:33:59 AM
 #28

Scrypt requires high speed access to memory so I'm gonna say this is bull until there is some evidence it works.  Wink

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December 10, 2013, 02:43:44 AM
 #29

It is possible to do scrypt with a fpga, so that implies asic is possible too.  I have seen a POC.  With that said I am extremely skeptical if it can hit above 60k/s rate.  Let alone even 10k/s scrypt hashing rate.

My FPGA is hashing at 60Kh/s, granted, it's a 5000$ fpga, but it is possible.

Litecoin will work fine on asic with on-die sram. You can even calculate the hash rate based on known factors.

Code:
200 / (2048 * 8) * Ncores = scrypt hashrate in Mh/s based on 200Mhz clock speed

It appears what they've done to keep the chip small is to implement 4x 256Kbit on-die memories for hashing as I haven't seen anything mentioned about an off chip memory. At 55nm 1mbit of sram is about 7.63mm2. At 28nm 1mbit of sram is 3.88mm2. The max size for QFN-48 (which is a 7x7mm package) silicon is around 4x4mm so have roughly 16mm2 of space. They couldn't have implemented 4x 1mbit as it would be to large (with an exception for the 28nm which would be 15.52mm2, but even then there wouldn't be enough room for all those bitcoin hashers). The speed and stats are certainly within the realm of possibility.

Looks like their site is up. Didn't work the first time.

55nm chip, so definitely within the realm of possibility.







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December 10, 2013, 02:47:24 AM
 #30

Scrypt requires high speed access to memory so I'm gonna say this is bull until there is some evidence it works.  Wink

I'm sure someone will reverse engineer these sooner rather than later, and then we'll be looking at a lot of potential scrypt ASICs hitting the market.  SEMs aren't that costly these days.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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December 10, 2013, 03:00:18 AM
 #31


Translated auto-reply from sales address:

Quote
Important Note: We currently do not have any place in the pre-sale, Taobao are fake, the official website information please prevail.

Follow weibo.com/gridseed That is our official microblogging.

Relating to the purchase, agents, price issues,
Please wait for our official website www.gridseed.com announced
If you need to apply the agent, please specify in the message header "application proxy" and described their own information, and other advantages, if only one sentence is difficult to our attention that, thank you.

For technical discussion, please www.cybtc.com gridchip zone discussion, where maintenance by our technical team.

Documents to download, go to the open source project: github.com/gridseed

If we are unable to respond to you request, please understand, because the volume of mail than we expected, but we will read every message.

I found more pictures on some chinese site:
http://www.cybtc.com/thread-3005-1-1.html




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December 10, 2013, 03:40:14 AM
 #32

Anyone try to sign up for the Weibo feed?
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December 10, 2013, 04:19:53 AM
 #33

It appears what they've done to keep the chip small is to implement 4x 256Kbit on-die memories for hashing as I haven't seen anything mentioned about an off chip memory. At 55nm 1mbit of sram is about 7.63mm2. At 28nm 1mbit of sram is 3.88mm2. The max size for QFN-48 (which is a 7x7mm package) silicon is around 4x4mm so have roughly 16mm2 of space. They couldn't have implemented 4x 1mbit as it would be to large (with an exception for the 28nm which would be 15.52mm2, but even then there wouldn't be enough room for all those bitcoin hashers). The speed and stats are certainly within the realm of possibility.

Looks like their site is up. Didn't work the first time.

55nm chip, so definitely within the realm of possibility.

That's interesting. If they did implement the SRAM on chip, I guess the could maximally fit 14 scratchpads (14 x 128 KB).  If with 8 they could reach 84 KH/s at let's say a theoretical 0.750 W, we'd max out on a single chip at 147 KH/s and 1.3 W.  Not too shabby if these only cost about $5-10 each to produce on 55 nm QFN-48.

I'd guess they aren't using straight up scratch pads, though, but rather the TMTO desynchronization trick from Solar Designer.  Regardless, the physical limitations as above should still be the same.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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December 10, 2013, 04:29:40 AM
 #34

It appears what they've done to keep the chip small is to implement 4x 256Kbit on-die memories for hashing as I haven't seen anything mentioned about an off chip memory. At 55nm 1mbit of sram is about 7.63mm2. At 28nm 1mbit of sram is 3.88mm2. The max size for QFN-48 (which is a 7x7mm package) silicon is around 4x4mm so have roughly 16mm2 of space. They couldn't have implemented 4x 1mbit as it would be to large (with an exception for the 28nm which would be 15.52mm2, but even then there wouldn't be enough room for all those bitcoin hashers). The speed and stats are certainly within the realm of possibility.

Looks like their site is up. Didn't work the first time.

55nm chip, so definitely within the realm of possibility.

That's interesting. If they did implement the SRAM on chip, I guess the could maximally fit 14 scratchpads (14 x 128 KB).  If with 8 they could reach 84 KH/s at let's say a theoretical 0.750 W, we'd max out on a single chip at 147 KH/s and 1.3 W.  Not too shabby if these only cost about $5-10 each to produce on 55 nm QFN-48.

I'd guess they aren't using straight up scratch pads, though, but rather the TMTO desynchronization trick from Solar Designer.  Regardless, the physical limitations as above should still be the same.

On second look, they are using QFN-64 not QFN-48 so they do have some extra wiggle room and may have even been able to do 4x 512Kbit scratchpads.

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December 10, 2013, 04:47:31 AM
 #35

I find it interesting the similarities between this chip and the Avalon gen2 chip.
Even the pin outs are similar Huh
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December 10, 2013, 04:54:10 AM
 #36

I find it interesting the similarities between this chip and the Avalon gen2 chip.
Even the pin outs are similar Huh
That's just them being cautious.  If we're familiar with the pinout, it's easier for us to design a board to support it.

I really want to get my hands on a chip to develop.  It's kinda painful how difficult it is to get dev samples of new chips these days.
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December 10, 2013, 04:57:39 AM
 #37

It is possible to do scrypt with a fpga, so that implies asic is possible too.  I have seen a POC.  With that said I am extremely skeptical if it can hit above 60k/s rate.  Let alone even 10k/s scrypt hashing rate.

My FPGA is hashing at 60Kh/s, granted, it's a 5000$ fpga, but it is possible.

Litecoin will work fine on asic with on-die sram. You can even calculate the hash rate based on known factors.

Code:
200 / (2048 * 8) * Ncores = scrypt hashrate in Mh/s based on 200Mhz clock speed

It appears what they've done to keep the chip small is to implement 4x 256Kbit on-die memories for hashing as I haven't seen anything mentioned about an off chip memory. At 55nm 1mbit of sram is about 7.63mm2. At 28nm 1mbit of sram is 3.88mm2. The max size for QFN-48 (which is a 7x7mm package) silicon is around 4x4mm so have roughly 16mm2 of space. They couldn't have implemented 4x 1mbit as it would be to large (with an exception for the 28nm which would be 15.52mm2, but even then there wouldn't be enough room for all those bitcoin hashers). The speed and stats are certainly within the realm of possibility.

Looks like their site is up. Didn't work the first time.

55nm chip, so definitely within the realm of possibility.









Hey senseless, which code are you using for LTC? Thanks a lot

Looking to review Bitcoin / Crypto mining Hardware.
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December 10, 2013, 05:35:48 AM
 #38

Scrypt requires high speed access to memory so I'm gonna say this is bull until there is some evidence it works.  Wink

its demonstrated already..

I find it interesting the similarities between this chip and the Avalon gen2 chip.
Even the pin outs are similar Huh

avalon gen2 is designed by this team

Not too shabby if these only cost about $5-10 each to produce on 55 nm QFN-48.

it's not QFN-48 and cost less than 1$

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December 10, 2013, 06:04:27 AM
 #39

I wonder how much these will cost and how long it will take to get them into a working machine. Any theories?
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December 10, 2013, 06:30:58 AM
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Not long at all. Probably all ready hashing. Just need to refine the software would be my guess Smiley.
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December 10, 2013, 06:48:52 AM
 #41

If these are cheap and people can run a lot of chips at once then this could be a game changer. I want a few hundred myself. lol.
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December 10, 2013, 07:10:45 AM
 #42

If these are cheap and people can run a lot of chips at once then this could be a game changer. I want a few hundred myself. lol.

the price of dev boards and chips so far is not cheap, but not fixed. they will sell at the price people will pay for shovels, supply&demand..next machine contains ~208 chip for total ~12/mhs scrypt and 330g sha256 or 450g sha256 and 8mh/s scrypt depending on mode

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December 10, 2013, 08:33:51 AM
 #43

If these are cheap and people can run a lot of chips at once then this could be a game changer. I want a few hundred myself. lol.

the price of dev boards and chips so far is not cheap, but not fixed. they will sell at the price people will pay for shovels, supply&demand..next machine contains ~208 chip for total ~12/mhs scrypt and 330g sha256 or 450g sha256 and 8mh/s scrypt depending on mode

How much?
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December 10, 2013, 08:44:27 AM
 #44

Any one know more about this chip?


specs are here

https://github.com/gridseed/gc3355-doc/blob/master/GC3355_DataSheet.pdf

And holy shit, it claims to do 59.6 KH/s while using 0.44 W

This is 0.00738 W/KH/s versus 0.300 W/KH/s for a GPU -- a 40.7 fold increase in efficiency.  This is about the same increase in efficiency as compared to BTC when ASICMINER first introduced its chips; I'm curious to see how they did it.

electricity efficiency is awesome. put me in for 10 units.
the domain is still not ready.

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December 10, 2013, 08:47:15 AM
 #45

Any one know more about this chip?


specs are here

https://github.com/gridseed/gc3355-doc/blob/master/GC3355_DataSheet.pdf

And holy shit, it claims to do 59.6 KH/s while using 0.44 W

This is 0.00738 W/KH/s versus 0.300 W/KH/s for a GPU -- a 40.7 fold increase in efficiency.  This is about the same increase in efficiency as compared to BTC when ASICMINER first introduced its chips; I'm curious to see how they did it.

electricity efficiency is awesome. put me in for 10 units.
the domain is still not ready.

Works for me:

http://www.gridseed.com/

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December 10, 2013, 09:44:39 AM
 #46

works. in english
http://www.gridseed.com/main.php

Looking to review Bitcoin / Crypto mining Hardware.
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December 10, 2013, 11:04:23 AM
 #47

Deffo gotta get my hands on some of this gear, should be an interesting little thing.
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December 10, 2013, 11:33:07 AM
 #48

I guess this one will be the first but there are more (interesting ones) coming
https://litecointalk.org/index.php?topic=2702.msg68596#msg68596

Quote
My understanding of that GPU is ~750khs per card. Which runs about 300$. Energy consumption, by massive amount yes. Price will be based on kh per unit. We will be selling @ 0.90$ per khs (Which we have achieved in relation to profitability.) As for kh/s, easily and with only a single unit. Our conservative numbers are 960kh/s with 3.5 watts consumption. I would say we have beaten its numbers pretty thoroughly.

That would be around 75W for the same result with the GC3355 plus some pocketchange in btc

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December 10, 2013, 12:00:53 PM
 #49

Samples?

Board design contest?

Keen to roll out a prototype 24 x GC3355 Wasp.

Dogie trust abuse, spam, bullying, conspiracy posts & insults to forum members. Ask the mods or admins to move Dogie's spam or off topic stalking posts to the link above.
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December 10, 2013, 01:43:44 PM
 #50

Samples?

Board design contest?

Keen to roll out a prototype 24 x GC3355 Wasp.

Sign me up Smiley
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December 10, 2013, 01:52:08 PM
 #51

Interested as well.
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December 10, 2013, 01:52:14 PM
 #52

scrypt requires a memory bank, doesnt it? where is that going to come from for this design? every other scrypt asic has talked about the need for high-end DDR5 memory, and lots of it

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461 also selling 6" M-F-M PCIe splitters and PCIe-PCIe
No longer a wannabe - now an ASIC owner!
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December 10, 2013, 02:39:45 PM
 #53

scrypt requires a memory bank, doesnt it? where is that going to come from for this design? every other scrypt asic has talked about the need for high-end DDR5 memory, and lots of it

It's on the chip.

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December 10, 2013, 06:55:55 PM
 #54

OOPS, I'm a little bit late to this thread.

Hey senseless, which code are you using for LTC? Thanks a lot

Mine probably https://github.com/kramble/FPGA-Litecoin-Miner though senseless should confirm.

The code gets around 16kHash/sec on a LX150 with 4MBit RAM, TMTO LOOKAHEAD_GAP=4 and 16 threads. Or 60kHash/sec on a ztex quad 1.15y board. Its not the most efficient implementation, but its the best I've come up with to date. Someone with a bit more expertise should be able to push this up a bit (it only clocks at around 64MHz and 30% LUT utilization).

Coincidentally the spec quoted for the Gridseed device per LTC unit is pretty much identical to my results, so its certainly possible, though they will probably be clocking it a lot faster and using less RAM overall.

Github https://github.com/kramble BLC BkRaMaRkw3NeyzsZ2zUgXsNLogVVkQ1iPV
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December 10, 2013, 10:52:13 PM
 #55

Woah!, Now i wonder if Litecoin is going to crash, or skyrocket from the network now having Litecoin mining chips.
Im intrested to see how this turns out... and weather or not i should buy some "cheap" litecoins

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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December 10, 2013, 11:21:11 PM
 #56

It's likely that ltc price will rise as more people spend more money to mine it, similar to bitcoin. It'll also have more people materially invested in the coins talking about them, also the same result. If Bitcoin price raises to $5k, people will want to get on the next profitable coin. Maybe ltc goes to 250-500.
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December 10, 2013, 11:24:34 PM
 #57

It's likely that ltc price will rise as more people spend more money to mine it, similar to bitcoin. It'll also have more people materially invested in the coins talking about them, also the same result. If Bitcoin price raises to $5k, people will want to get on the next profitable coin. Maybe ltc goes to 250-500.

+1

I think LTC will be a good invest.

Need more cheap LTC right now Grin
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December 11, 2013, 01:00:37 AM
 #58

It's likely that ltc price will rise as more people spend more money to mine it, similar to bitcoin. It'll also have more people materially invested in the coins talking about them, also the same result. If Bitcoin price raises to $5k, people will want to get on the next profitable coin. Maybe ltc goes to 250-500.

+1

I think LTC will be a good invest.

Need more cheap LTC right now Grin

People mine Litecoin, because it's not Bitcoin.

If I had to buy an ASIC to mine Litecoin, why would I bother, I might as well just buy an ASIC to mine Bitcoin.  Roll Eyes

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December 11, 2013, 01:17:44 AM
 #59

Mine probably https://github.com/kramble/FPGA-Litecoin-Miner though senseless should confirm.

Yes, I'm using your code.
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December 11, 2013, 06:21:51 AM
 #60

It's likely that ltc price will rise as more people spend more money to mine it, similar to bitcoin. It'll also have more people materially invested in the coins talking about them, also the same result. If Bitcoin price raises to $5k, people will want to get on the next profitable coin. Maybe ltc goes to 250-500.

+1

I think LTC will be a good invest.

Need more cheap LTC right now Grin

People mine Litecoin, because it's not Nitcoin.

If I had to buy an ASIC to mine Litecoin, why would I bother, I might as well just buy an ASIC to mine Bitcoin.  Roll Eyes

Buy what you want, i don't care.

 Kiss
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December 12, 2013, 12:15:40 AM
 #61

well well well, its time to save some bitcoins Smiley
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December 13, 2013, 08:16:07 PM
 #62

any news/updates ?
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December 14, 2013, 02:26:13 PM
 #63

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December 15, 2013, 02:53:32 AM
 #64

Scrypt requires high speed access to memory so I'm gonna say this is bull until there is some evidence it works.  Wink

its demonstrated already..
 

where? [Anyone have a video link showing them hashing?]

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December 15, 2013, 03:10:43 PM
 #65

Gridseed have a special area in our forum

where they post their news  by the ID: Gridchip

http://www.cybtc.com/forum-83-1.html


news and evaluation on bitcoin miner and other digital miners. www.cybtc.org(english),www.cybtc.com(chinese),www.cybtc.net(chinese)
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December 15, 2013, 04:35:23 PM
 #66

Gridseed have a special area in our forum

where they post their news  by the ID: Gridchip

http://www.cybtc.com/forum-83-1.html


Hey,
Saying our means that you are local right? Or at least you do understand Chinese better than us. Is there any info available about bulk chip prices out there?
Thank you

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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December 15, 2013, 04:57:26 PM
 #67

Well I find this http://www.cybtc.com/thread-3396-1-1.html

www.diginforce.com leads to a default apache web server page.

What is the serial cable for? OMG don't it even have USB? What year is this? Roll Eyes



That's a massive heatsink for 1 chip! The fans don't look like they are soldered to anything in either photo!  Shocked



Today we decide big coolers are no longer in fasion, and fans are so yesterday, LoL!  Wink



No wait, we hear you still like big coolers, we added USB and shrunk our board!



I only hope it's real just for sake of the network, anything opposite to cloud centralization, has my best wishes!

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December 15, 2013, 05:08:34 PM
 #68

Well I find this http://www.cybtc.com/thread-3396-1-1.html

www.diginforce.com leads to a default apache web server page.

What is the serial/vga cable for?

http://www.cybtc.com/data/attachment/forum/201312/09/171936dlxf6p0pwl6ffdq5.jpg

That's a massive heatsink for 1 chip! The fans don't look like they are soldered to anything either!  Shocked

http://www.cybtc.com/data/attachment/forum/201312/09/171938zj36zyqlqtqvuo3u.jpg


Via google translate

Quote
GC3355 evaluation version of a single-chip power line + a + serial cable. PS: If your computer does not have COM ports, please reprovision two USB to serial cable

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December 15, 2013, 05:13:21 PM
 #69

Its sinfull to make a miner in this size with tis haspower? Maybe only for ltc.
Most of asicminers with this hp are in the size of a BE USB.

Some one saw the prices or where to buy?
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December 15, 2013, 07:36:13 PM
 #70

Meh.  Time to start learning Mandarin.  Maybe eventually I'll be able to do better translations than google translate ;/.
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December 15, 2013, 07:44:00 PM
 #71

Meh.  Time to start learning Mandarin.  Maybe eventually I'll be able to do better translations than google translate ;/.
Start with traditional it is much more easy. At least people say so. Cheesy

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
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December 15, 2013, 09:32:37 PM
 #72

What is the serial cable for? OMG don't it even have USB? What year is this? Roll Eyes
COM/RS232 is very usual for Development - saves cost for protoyping
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December 16, 2013, 01:34:06 AM
 #73

I hope Script only version which can suppport 300khs ? If install 16 chips, and make a 5Mhps, it is $2000~3000 values now.

Have a nice day
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December 16, 2013, 01:46:25 AM
 #74

Gridseed have a special area in our forum

where they post their news  by the ID: Gridchip

http://www.cybtc.com/forum-83-1.html


Hey,
Saying our means that you are local right? Or at least you do understand Chinese better than us. Is there any info available about bulk chip prices out there?
Thank you

i am a chinese in china,they have not published price yet

news and evaluation on bitcoin miner and other digital miners. www.cybtc.org(english),www.cybtc.com(chinese),www.cybtc.net(chinese)
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December 16, 2013, 01:58:00 AM
 #75

they have sold some chips  in the Press conference

but have not bulk sales

there is the data sheet :http://www.cybtc.com/thread-3194-1-1.html

6.4 Power Consumption
The following is the power consumption under 1.0V DVDD condition (Unit: Watt). Gridchip will
release more accurate power consumption data after mass production of ASIC Chip and Mining machine.

Freq(MHz)   BTC HashRate(M)     LTC HashRate(K)      Power of  BTC Mode     Power of  BTC+LTC Mode        Power of  LTC Mode
400             1000                        34.0                          2.35                             2.64                                         0.28
500             1250                        42.6                          2.92                             3.27                                         0.33
550             1375                        46.8                          3.25                             3.58                                         0.35
600             1500                        51.1                          3.49                             3.90                                         0.39
650             1625                        55.3                          3.81                             4.23                                         0.41
700             1750                        59.6                          4.20                             4.56                                         0.44
750             1875                                                         4.40                             X                                              X
800             2000                                                         4.70                             X                                              X
850             2125                                                         5.00                             X                                              X
900             2250                                                         5.30                             X                                              X

news and evaluation on bitcoin miner and other digital miners. www.cybtc.org(english),www.cybtc.com(chinese),www.cybtc.net(chinese)
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December 16, 2013, 01:59:18 AM
 #76

The picture posted above is an evaluation board or development board for developers, not for end user.

There was a press conference last week in Beijing, where participants can buy those boards and chips.
And those boards are delivered to developers in other part of China this week.

There is no detail information of miners for end user by now. The only info for USB miner is that one USB miner is equipped with 4 or 5 chips, depending on the temperature and cooling design. And USB miner is powered externally with an additional power cable.

That's all the info I know by now. I will let all of you know when new info is published.
I'm Chinese, and I'll do the translator job for all of you don't understand Chinese. Hope my translation is better than Google's. Cheesy

BTW, I brought two development boards and they should be delivered to me in one or two days. I'll post my experience after some testing.
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December 16, 2013, 06:21:17 AM
 #77

The picture posted above is an evaluation board or development board for developers, not for end user.

There was a press conference last week in Beijing, where participants can buy those boards and chips.
And those boards are delivered to developers in other part of China this week.

There is no detail information of miners for end user by now. The only info for USB miner is that one USB miner is equipped with 4 or 5 chips, depending on the temperature and cooling design. And USB miner is powered externally with an additional power cable.

That's all the info I know by now. I will let all of you know when new info is published.
I'm Chinese, and I'll do the translator job for all of you don't understand Chinese. Hope my translation is better than Google's. Cheesy

BTW, I brought two development boards and they should be delivered to me in one or two days. I'll post my experience after some testing.

Thanks for translating for us. Google translates for mandarin are incomprehensible.

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December 16, 2013, 06:22:38 AM
 #78

Very cool stuff.

Definitely interested in LTC and BTC as well.

Hybrid approach is very creative.
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December 16, 2013, 08:36:17 AM
 #79

The picture posted above is an evaluation board or development board for developers, not for end user.

There was a press conference last week in Beijing, where participants can buy those boards and chips.
And those boards are delivered to developers in other part of China this week.

There is no detail information of miners for end user by now. The only info for USB miner is that one USB miner is equipped with 4 or 5 chips, depending on the temperature and cooling design. And USB miner is powered externally with an additional power cable.

That's all the info I know by now. I will let all of you know when new info is published.
I'm Chinese, and I'll do the translator job for all of you don't understand Chinese. Hope my translation is better than Google's. Cheesy

BTW, I brought two development boards and they should be delivered to me in one or two days. I'll post my experience after some testing.
Super!

Can you share with us what was the cost of dev boards?

Thank you

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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December 16, 2013, 08:50:59 AM
 #80

It's likely that ltc price will rise as more people spend more money to mine it, similar to bitcoin. It'll also have more people materially invested in the coins talking about them, also the same result. If Bitcoin price raises to $5k, people will want to get on the next profitable coin. Maybe ltc goes to 250-500.
One would think people can remember that buying ASICs for bitcoins was generally a losing proposition.
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December 16, 2013, 09:16:05 AM
 #81

The picture posted above is an evaluation board or development board for developers, not for end user.

There was a press conference last week in Beijing, where participants can buy those boards and chips.
And those boards are delivered to developers in other part of China this week.

There is no detail information of miners for end user by now. The only info for USB miner is that one USB miner is equipped with 4 or 5 chips, depending on the temperature and cooling design. And USB miner is powered externally with an additional power cable.

That's all the info I know by now. I will let all of you know when new info is published.
I'm Chinese, and I'll do the translator job for all of you don't understand Chinese. Hope my translation is better than Google's. Cheesy

BTW, I brought two development boards and they should be delivered to me in one or two days. I'll post my experience after some testing.
Super!

Can you share with us what was the cost of dev boards?

Thank you

At the press conference, the dev board is 500CNY each, and 400CNY for one chip only.
It's ~82USD each dev board, and ~65USD each chip.

You can check chip's datasheet here: https://github.com/gridseed/gc3355-doc and calculate its $/GHash

Personally, I hope the miner's price will be much lower than $65/chip. But there are still many people think the price will remain the same.
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December 16, 2013, 09:29:05 AM
 #82

The picture posted above is an evaluation board or development board for developers, not for end user.

There was a press conference last week in Beijing, where participants can buy those boards and chips.
And those boards are delivered to developers in other part of China this week.

There is no detail information of miners for end user by now. The only info for USB miner is that one USB miner is equipped with 4 or 5 chips, depending on the temperature and cooling design. And USB miner is powered externally with an additional power cable.

That's all the info I know by now. I will let all of you know when new info is published.
I'm Chinese, and I'll do the translator job for all of you don't understand Chinese. Hope my translation is better than Google's. Cheesy

BTW, I brought two development boards and they should be delivered to me in one or two days. I'll post my experience after some testing.
Super!

Can you share with us what was the cost of dev boards?

Thank you

At the press conference, the dev board is 500CNY each, and 400CNY for one chip only.
It's ~82USD each dev board, and ~65USD each chip.

You can check chip's datasheet here: https://github.com/gridseed/gc3355-doc and calculate its $/GHash

Personally, I hope the miner's price will be much lower than $65/chip. But there are still many people think the price will remain the same.
Thank you

Unfortunately 65 USD/chip for mass production is not a deal for me. Let us hope that they will lower the price when time comes.
Best

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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December 16, 2013, 08:13:35 PM
 #83

The picture posted above is an evaluation board or development board for developers, not for end user.

There was a press conference last week in Beijing, where participants can buy those boards and chips.
And those boards are delivered to developers in other part of China this week.

There is no detail information of miners for end user by now. The only info for USB miner is that one USB miner is equipped with 4 or 5 chips, depending on the temperature and cooling design. And USB miner is powered externally with an additional power cable.

That's all the info I know by now. I will let all of you know when new info is published.
I'm Chinese, and I'll do the translator job for all of you don't understand Chinese. Hope my translation is better than Google's. Cheesy

BTW, I brought two development boards and they should be delivered to me in one or two days. I'll post my experience after some testing.
Super!

Can you share with us what was the cost of dev boards?

Thank you

At the press conference, the dev board is 500CNY each, and 400CNY for one chip only.
It's ~82USD each dev board, and ~65USD each chip.

You can check chip's datasheet here: https://github.com/gridseed/gc3355-doc and calculate its $/GHash

Personally, I hope the miner's price will be much lower than $65/chip. But there are still many people think the price will remain the same.
Thank you

Unfortunately 65 USD/chip for mass production is not a deal for me. Let us hope that they will lower the price when time comes.
Best


Do you think you could ask them if they're using 512Kbit or 256Kbit of memory per core? I'm curious if they're using "lookup gap" 2 or 3.



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December 16, 2013, 08:19:15 PM
 #84

Very cool stuff.

Definitely interested in LTC and BTC as well.

Hybrid approach is very creative.


It would be, if it was produced one year ago. They missed BTC train, and additional scrypt power will not be enough to catch up. I would bet on solo scrypt ASIC, not on hybrid...

MEGABONUS 🔥  🔥 up to 8.25% 🔥  🔥  CASHBACK at ALIEXPRESS, Ebay...
dash:Xkj6vADmRDai2P6sdfNaKeadYbmUz1qDMZ; 1Chup2GPtSkTqKKsyvPafhesfBkx1u4b9u - BTC
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December 16, 2013, 10:07:57 PM
 #85

Unfortunately 65 USD/chip for mass production is not a deal for me. Let us hope that they will lower the price when time comes.
Best

The chips only cost a few dollars each to produce, so there's a big margin for profit there...  It'll come down to be competitive, same as before with ASICMINER.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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December 23, 2013, 02:28:54 PM
 #86

any news / updates? anybody in usa involved?
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December 23, 2013, 02:33:33 PM
 #87

Unfortunately 65 USD/chip for mass production is not a deal for me. Let us hope that they will lower the price when time comes.
Best

The chips only cost a few dollars each to produce, so there's a big margin for profit there...  It'll come down to be competitive, same as before with ASICMINER.
Shure they will do, but they will become of no interest for us even if they are free, because just money and time spent to make them mine will never pay out. I am not talking about profit at all

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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January 01, 2014, 06:56:38 PM
 #88

Any Updates on when boards or devices will be ready?



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T
....ANGEL TOKEN....


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January 01, 2014, 08:01:41 PM
 #89

Any Updates on when boards or devices will be ready?
Or chip availability for that matter?  There's still a lot of interest out here.
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January 02, 2014, 12:20:12 PM
 #90

I'm up for more than a few  Grin

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January 03, 2014, 01:28:36 AM
 #91

Sorry to inform you all. Still no updates on their products.

But they were looking for some resellers in China a couple of weeks ago. International resellers will be open for application later on (hopefully...)
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January 03, 2014, 03:23:38 AM
 #92

Sorry to inform you all. Still no updates on their products.

But they were looking for some resellers in China a couple of weeks ago. International resellers will be open for application later on (hopefully...)

I would like to apply to be an International reseller later on.

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January 06, 2014, 06:21:14 PM
 #93

Hybrid approach is very creative.


It would be, if it was produced one year ago. They missed BTC train, and additional scrypt power will not be enough to catch up. I would bet on solo scrypt ASIC, not on hybrid...

Check https://bitcointalk.org/index.php?topic=397831.0 and jump onboard while difficulty is still low. Or at least get fully synced
wallet (it helps the network so thanks in advance!) and some MED for free over https://bitcointalk.org/index.php?topic=398948.0
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January 07, 2014, 07:28:15 PM
 #94

Hi,

Can somebody please PM me that has contacts with these people. We are very interested. Currently we have a pilot running with 80 GPU servers. We want to expand bigtime.

Thanks.
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January 08, 2014, 09:55:22 PM
 #95

Hi,

Can somebody please PM me that has contacts with these people. We are very interested. Currently we have a pilot running with 80 GPU servers. We want to expand bigtime.

Thanks.

That's what you call a pilot?  Grin

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January 14, 2014, 07:03:43 PM
 #96

Hi,

Can somebody please PM me that has contacts with these people. We are very interested. Currently we have a pilot running with 80 GPU servers. We want to expand bigtime.

Thanks.

That's what you call a pilot?  Grin

Pilot is 1.2TH Scrypt mining lab. Maybe 50000 of these chips with 1/40 of the GPU powertake.
This Scrypt Hashpower would translate to around what 2000 AMD GPU cards.. with powertake +300kwh..
Just rough numbers i could assume wrong. but hey i would wanna see that 2000 GPU farm  Grin

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

 

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January 14, 2014, 09:15:58 PM
 #97

BTW, I brought two development boards and they should be delivered to me in one or two days. I'll post my experience after some testing.

How did these two boards perform?
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January 14, 2014, 09:18:48 PM
 #98

Hi,

Can somebody please PM me that has contacts with these people. We are very interested. Currently we have a pilot running with 80 GPU servers. We want to expand bigtime.

Thanks.

That's what you call a pilot?  Grin

Pilot is 1.2TH Scrypt mining lab. Maybe 50000 of these chips with 1/40 of the GPU powertake.
This Scrypt Hashpower would translate to around what 2000 AMD GPU cards.. with powertake +300kwh..
Just rough numbers i could assume wrong. but hey i would wanna see that 2000 GPU farm  Grin

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

 

GC3355 is on public sale. At BeiJing time 2014-1-14 18:00PM.
Mail 1 day after pay.
one USB Machine = 360K LTC + 10G BTC
(when only mining LTC is 7w, both mining LTC & BTC is 60w)
http://cybtc.com/thread-4792-1-1.html

God bless LTC
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January 14, 2014, 09:30:42 PM
 #99

7 watts for 360kh/s scrypt mining isn't bad ... compared to my GPUs lol

Takes a nose dive when doing BTC at the same time though, 60 watts.

Time to start hoarding LTC?
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January 14, 2014, 09:57:07 PM
 #100

Hi,

Can somebody please PM me that has contacts with these people. We are very interested. Currently we have a pilot running with 80 GPU servers. We want to expand bigtime.

Thanks.

That's what you call a pilot?  Grin

Pilot is 1.2TH Scrypt mining lab. Maybe 50000 of these chips with 1/40 of the GPU powertake.
This Scrypt Hashpower would translate to around what 2000 AMD GPU cards.. with powertake +300kwh..
Just rough numbers i could assume wrong. but hey i would wanna see that 2000 GPU farm  Grin

http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

 

GC3355 is on public sale. At BeiJing time 2014-1-14 18:00PM.
Mail 1 day after pay.
one USB Machine = 360K LTC + 10G BTC
(when only mining LTC is 7w, both mining LTC & BTC is 60w)
http://cybtc.com/thread-4792-1-1.html

God bless LTC

That page says shipping in May, doesn't it? Hard to read. Those are beautiful little miners though, if they make them in mass quantity and start shipping quickly, they will be a hot seller.
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January 14, 2014, 10:02:41 PM
 #101

there is the data sheet :http://www.cybtc.com/thread-3194-1-1.html

6.4 Power Consumption
The following is the power consumption under 1.0V DVDD condition (Unit: Watt). Gridchip will
release more accurate power consumption data after mass production of ASIC Chip and Mining machine.

Freq(MHz)   BTC HashRate(M)     LTC HashRate(K)      Power of  BTC Mode     Power of  BTC+LTC Mode        Power of  LTC Mode
700             1750                        59.6                          4.20                             4.56                                         0.44

GC3355 is on public sale. At BeiJing time 2014-1-14 18:00PM.
Mail 1 day after pay.
one USB Machine = 360K LTC + 10G BTC
(when only mining LTC is 7w, both mining LTC & BTC is 60w)
http://cybtc.com/thread-4792-1-1.html

Wait I'm confused. Is each chip 60Kh/s or 360Kh/s? And at $65/chip, that makes a big difference.

Tips? 1crazy8pMqgwJ7tX7ZPZmyPwFbc6xZKM9
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January 15, 2014, 12:10:03 AM
 #102

there is the data sheet :http://www.cybtc.com/thread-3194-1-1.html

6.4 Power Consumption
The following is the power consumption under 1.0V DVDD condition (Unit: Watt). Gridchip will
release more accurate power consumption data after mass production of ASIC Chip and Mining machine.

Freq(MHz)   BTC HashRate(M)     LTC HashRate(K)      Power of  BTC Mode     Power of  BTC+LTC Mode        Power of  LTC Mode
700             1750                        59.6                          4.20                             4.56                                         0.44

GC3355 is on public sale. At BeiJing time 2014-1-14 18:00PM.
Mail 1 day after pay.
one USB Machine = 360K LTC + 10G BTC
(when only mining LTC is 7w, both mining LTC & BTC is 60w)
http://cybtc.com/thread-4792-1-1.html

Wait I'm confused. Is each chip 60Kh/s or 360Kh/s? And at $65/chip, that makes a big difference.
Chip is 60Kh/s but "usb machine" is 360Kh/s as it has 6 chips.

Python console program for monitoring statistics from multiple pools and exchanges: https://github.com/shimapan-daisuki/tirith/
for middlecoin.com only: https://github.com/michwill/mdc/
btc: 1PkCFatY7jgxY8BFaZe1YeL1baa8G7tVuR
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January 15, 2014, 01:02:28 AM
 #103

What's the price?
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January 15, 2014, 01:35:01 AM
 #104

Wait I'm confused. Is each chip 60Kh/s or 360Kh/s? And at $65/chip, that makes a big difference.
Chip is 60Kh/s but "usb machine" is 360Kh/s as it has 6 chips.

Ah ok. For some reason I thought that USB device only had one chip.

At the press conference, the dev board is 500CNY each, and 400CNY for one chip only.
It's ~82USD each dev board, and ~65USD each chip.

You can check chip's datasheet here: https://github.com/gridseed/gc3355-doc and calculate its $/GHash

So that little 360Kh/s miner costs $82 + 6x$65 + HSF? You're talking almost $500! Unless you pay like $0.30/kWh, you're better off with GPUs. What will the final cost be, does anyone know?

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Previous Trade History - Sale Thread
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January 15, 2014, 01:53:56 AM
 #105

Wait I'm confused. Is each chip 60Kh/s or 360Kh/s? And at $65/chip, that makes a big difference.
Chip is 60Kh/s but "usb machine" is 360Kh/s as it has 6 chips.

Ah ok. For some reason I thought that USB device only had one chip.

At the press conference, the dev board is 500CNY each, and 400CNY for one chip only.
It's ~82USD each dev board, and ~65USD each chip.

You can check chip's datasheet here: https://github.com/gridseed/gc3355-doc and calculate its $/GHash

So that little 360Kh/s miner costs $82 + 6x$65 + HSF? You're talking almost $500! Unless you pay like $0.30/kWh, you're better off with GPUs. What will the final cost be, does anyone know?

360Kh/s miner costs $82 + 6x$65 + HSF? USD 500, about 0.54 btc

how to order?
I don't see any order page:


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January 15, 2014, 01:55:01 AM
 #106

Wait I'm confused. Is each chip 60Kh/s or 360Kh/s? And at $65/chip, that makes a big difference.
Chip is 60Kh/s but "usb machine" is 360Kh/s as it has 6 chips.

Ah ok. For some reason I thought that USB device only had one chip.

At the press conference, the dev board is 500CNY each, and 400CNY for one chip only.
It's ~82USD each dev board, and ~65USD each chip.

You can check chip's datasheet here: https://github.com/gridseed/gc3355-doc and calculate its $/GHash

So that little 360Kh/s miner costs $82 + 6x$65 + HSF? You're talking almost $500! Unless you pay like $0.30/kWh, you're better off with GPUs. What will the final cost be, does anyone know?

They are totally out of the ball park if they think $60+ a chip will work

Really need to be ~ $30 for it to come close ...I have ~ 55% of my rigs already on solar so until they get at least within GPU ball park numbers they are a non starter and just a curio for noobs

Having said that I am keen to buy 1500 chips lolz

Lets hope these guys dont do a Avalon/BFL on the self mine crap  Undecided

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January 15, 2014, 02:02:27 AM
 #107

Can someone translate the details for both myself and others that I am sure have the same questions

1) They want group buys of 10 people ?
2) Within the group buy of 10 pple they can max purchase only 400 or 40 chips per person or is that 40 360k miners per person ?
3) Is the delivery date May 2014 ??
4) Only way to contact is via QQ ??

Thanks In Advance

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January 15, 2014, 10:30:04 AM
 #108

Quote
Lets hope these guys dont do a Avalon/BFL on the self mine crap  Undecided

I think you mean, "Let's hope they STOP self mining. :p

https://bitcointalk.org/index.php?topic=259649.msg4350064#msg4350064

They are presently pushing 800MH/s on Middlecoin
http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

Anyone still thinking about getting into GPU mining better give up now. This is going to go down exactly the same way bitcoin did. GPUs will be dead soon.
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January 15, 2014, 10:58:37 AM
 #109

At 60 khs per chip? Na...GPUs arent dead for another two or three years.

Even the others (Alpha & Fibonacci) aren't that fast per chip, the main advantage is power and management.

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January 15, 2014, 11:06:26 AM
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Quote
Lets hope these guys dont do a Avalon/BFL on the self mine crap  Undecided

I think you mean, "Let's hope they STOP self mining. :p

https://bitcointalk.org/index.php?topic=259649.msg4350064#msg4350064

They are presently pushing 800MH/s on Middlecoin
http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

Anyone still thinking about getting into GPU mining better give up now. This is going to go down exactly the same way bitcoin did. GPUs will be dead soon.

At 60 khs per chip? Na...GPUs arent dead for another two or three years.

Even the others (Alpha & Fibonacci) aren't that fast per chip, the main advantage is power and management.


AND They are not keen selling them. With prices ppl suggest here. If you have Machine laying golden eggs while none else have why would you sell it. Also this is totally GEN 1 hardware and totally in line what first SHA Bitcoin ASIC:s were performing. The Chip is not super performer but what it does it does it 1/40th of the Electricity of GPU rig

PPL are blinded by current GH and TH of BTC ASIC. If and when they get mass sampling of this chip what would stop them putting 160 chips in a Blade taking 70-100W and producing massive 9.6MH/s thats 12 GPU rig right there in 1 single ~70W blade.

Price? dont dream about it. They will mine and overprice the chip to cover R&D costs and get healty profit before dumping them into the market. If you are first you are First.


-Edit-

http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

Been following above middlecoin address and they have add around 100MH/s daily there. Thursday - Friday - Monday - Tuesday - Today i just saw 957MH/s accepted. It is past 1GH/s accepted hashrate tomorrow evening. That would be closer 2000 AMD GPU units in mining rigs and rough numbers would be what 500-700 kw/h power and heat at minimum. I'm no professional but i would say it's not easy to obtain that much power. Compared these chips would do it with 7-15kw/h which is nothing.

specs are here

https://github.com/gridseed/gc3355-doc/blob/master/GC3355_DataSheet.pdf

And holy shit, it claims to do 59.6 KH/s while using 0.44 W

This is 0.00738 W/KH/s versus 0.300 W/KH/s for a GPU -- a 40.7 fold increase in efficiency.  This is about the same increase in efficiency as compared to BTC when ASICMINER first introduced its chips; I'm curious to see how they did it.


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January 15, 2014, 01:20:46 PM
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Quote
Lets hope these guys dont do a Avalon/BFL on the self mine crap  Undecided

I think you mean, "Let's hope they STOP self mining. :p

https://bitcointalk.org/index.php?topic=259649.msg4350064#msg4350064

They are presently pushing 800MH/s on Middlecoin
http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

Anyone still thinking about getting into GPU mining better give up now. This is going to go down exactly the same way bitcoin did. GPUs will be dead soon.

At 60 khs per chip? Na...GPUs arent dead for another two or three years.

Even the others (Alpha & Fibonacci) aren't that fast per chip, the main advantage is power and management.


AND They are not keen selling them. With prices ppl suggest here. If you have Machine laying golden eggs while none else have why would you sell it. Also this is totally GEN 1 hardware and totally in line what first SHA Bitcoin ASIC:s were performing. The Chip is not super performer but what it does it does it 1/40th of the Electricity of GPU rig

PPL are blinded by current GH and TH of BTC ASIC. If and when they get mass sampling of this chip what would stop them putting 160 chips in a Blade taking 70-100W and producing massive 9.6MH/s thats 12 GPU rig right there in 1 single ~70W blade.

Price? dont dream about it. They will mine and overprice the chip to cover R&D costs and get healty profit before dumping them into the market. If you are first you are First.

specs are here

https://github.com/gridseed/gc3355-doc/blob/master/GC3355_DataSheet.pdf

And holy shit, it claims to do 59.6 KH/s while using 0.44 W

This is 0.00738 W/KH/s versus 0.300 W/KH/s for a GPU -- a 40.7 fold increase in efficiency.  This is about the same increase in efficiency as compared to BTC when ASICMINER first introduced its chips; I'm curious to see how they did it.

Wise sikke:)
+100000 Dude...

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
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January 15, 2014, 01:40:30 PM
 #112

so are they up for orders or not

yolo
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January 15, 2014, 01:44:03 PM
 #113

so are they up for orders or not

Sold out

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January 15, 2014, 01:50:54 PM
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so are they up for orders or not

Sold out

+1  Grin Grin
Good one. Lets see when someone else ask where one can buy these.

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January 15, 2014, 09:25:23 PM
 #115

Quote
Lets hope these guys dont do a Avalon/BFL on the self mine crap  Undecided

I think you mean, "Let's hope they STOP self mining. :p

https://bitcointalk.org/index.php?topic=259649.msg4350064#msg4350064

They are presently pushing 800MH/s on Middlecoin
http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

Anyone still thinking about getting into GPU mining better give up now. This is going to go down exactly the same way bitcoin did. GPUs will be dead soon.
That would imply Litecoin valuation at many Billions all within a few months?  GPUs left bitcoin for litecoin.  Where will the they go after?
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January 15, 2014, 11:49:50 PM
 #116

The USB unit will be released before the end of the month if everything goes smooth
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January 16, 2014, 12:48:33 AM
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AND They are not keen selling them. With prices ppl suggest here. If you have Machine laying golden eggs while none else have why would you sell it. Also this is totally GEN 1 hardware and totally in line what first SHA Bitcoin ASIC:s were performing. The Chip is not super performer but what it does it does it 1/40th of the Electricity of GPU rig

PPL are blinded by current GH and TH of BTC ASIC. If and when they get mass sampling of this chip what would stop them putting 160 chips in a Blade taking 70-100W and producing massive 9.6MH/s thats 12 GPU rig right there in 1 single ~70W blade.

Price? dont dream about it. They will mine and overprice the chip to cover R&D costs and get healty profit before dumping them into the market. If you are first you are First.


-Edit-

http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html

Been following above middlecoin address and they have add around 100MH/s daily there. Thursday - Friday - Monday - Tuesday - Today i just saw 957MH/s accepted. It is past 1GH/s accepted hashrate tomorrow evening. That would be closer 2000 AMD GPU units in mining rigs and rough numbers would be what 500-700 kw/h power and heat at minimum. I'm no professional but i would say it's not easy to obtain that much power. Compared these chips would do it with 7-15kw/h which is nothing.

specs are here

https://github.com/gridseed/gc3355-doc/blob/master/GC3355_DataSheet.pdf

And holy shit, it claims to do 59.6 KH/s while using 0.44 W

This is 0.00738 W/KH/s versus 0.300 W/KH/s for a GPU -- a 40.7 fold increase in efficiency.  This is about the same increase in efficiency as compared to BTC when ASICMINER first introduced its chips; I'm curious to see how they did it.


I've seen that on Middlecoin, but I'm failing to see how this is transformational.  It would seem to me that the key in the near term (at least months) is equipment price/kh, not kh/kw.  Granted, I have cheap power in the US, but at the rates alt coins are paying, the cost of power is almost exactly an entire order of magnitude less than the revenue that can be obtained by that power.  Case in point: 0.01 BTC/day/(MH/s) is pretty easy to reliably obtain.  For 1Mh/s, you're looking at about 300-350 W.  0.01 BTC = about $8.5 currently (and stands to rise).  350W = $1.68 even at a very liberal $0.20/KWhr. 

My point with all of this is that hashing power is clearly the dominant metric for profit at this point.  With that said, the prices listed in this thread for ASIC hardware are about two-fold WORSE than typical cost/hash represented through GPU mining.

What this is all leading me to is this - if power could (even liberally) be assumed to be soaking a quarter of your revenue from GPU mining, and these products are twice the cost of GPU mining, there is literally NO break-even.  Even if they use no power at all, the best you could do with them is still to bring two thirds of the profit/investment of GPU mining.

It seems that these become a true alternative when they get to between the 1.0x and maybe 1.25x the price/hash power, and truly preferable when cheaper still.  Similarly, it would take until profits/hash power are halved from their current levels to have the same effect.  With all of the pump and dump coins and stupid speculators betting on them in the short term coming and going, I don't see that happening any time soon.

Am I wrong?
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January 16, 2014, 01:00:06 AM
 #118

I'll be honest; I just want to play with a couple of the chips.  As an engineer, it's fun to play with new technology, and as has been mentioned... 1st gen is 1st gen.  This may not be up to par with BTC yet, or even GPU mining, but it's progress and it's exciting.  The 2nd gen will be even more fun.

If anyone has access to these chips and is willing to work something out with me re: purchase and shipping to the US, send me a PM.  Good work Gridseed.
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January 16, 2014, 01:12:44 AM
 #119

I've seen that on Middlecoin, but I'm failing to see how this is transformational.  It would seem to me that the key in the near term (at least months) is equipment price/kh, not kh/kw.  Granted, I have cheap power in the US, but at the rates alt coins are paying, the cost of power is almost exactly an entire order of magnitude less than the revenue that can be obtained by that power.  Case in point: 0.01 BTC/day/(MH/s) is pretty easy to reliably obtain.  For 1Mh/s, you're looking at about 300-350 W.  0.01 BTC = about $8.5 currently (and stands to rise).  350W = $1.68 even at a very liberal $0.20/KWhr.  

My point with all of this is that hashing power is clearly the dominant metric for profit at this point.  With that said, the prices listed in this thread for ASIC hardware are about two-fold WORSE than typical cost/hash represented through GPU mining.

What this is all leading me to is this - if power could (even liberally) be assumed to be soaking a quarter of your revenue from GPU mining, and these products are twice the cost of GPU mining, there is literally NO break-even.  Even if they use no power at all, the best you could do with them is still to bring two thirds of the profit/investment of GPU mining.

It seems that these become a true alternative when they get to between the 1.0x and maybe 1.25x the price/hash power, and truly preferable when cheaper still.  Similarly, it would take until profits/hash power are halved from their current levels to have the same effect.  With all of the pump and dump coins and stupid speculators betting on them in the short term coming and going, I don't see that happening any time soon.

Am I wrong?

+1

You are exactly right. These wont be obtainable within eaven close to get break-eaven in investment. Power usage wont matter that much in >10MH scale. They are just too rare when they hit the market. Gridseed can easily charge 1000% margins for them and people will still buy like crazy. When will they hit the market. Not in months. Takes alot time before they show any significat Hashing power in current Scrypt world.

That said i would say there is easy 6 months left for Healty GPU mining. These wont kill it. Yet.

GPU still best way to earn $

ps. Cheshyr i'm on a same boat i wish to see the technology. I could buy 1 of these just to see it in action.

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January 16, 2014, 02:14:26 AM
 #120

Guys, i'm italian.
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day

ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day

assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.

in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.

(change EUR/USD 1.36)
(change BTC/USD 850.00)

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January 16, 2014, 02:20:34 AM
 #121

...10 device that i read cost 1360$ (1000 euro)...
I must have read right over that.  $136 per unit for the 5-chip USB devices?
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January 16, 2014, 02:56:41 AM
 #122

price seems a bit too high?
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January 16, 2014, 04:01:24 AM
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Guys, i'm italian.
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day

ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day

assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.

in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.

(change EUR/USD 1.36)
(change BTC/USD 850.00)

This is the (unfortunate) misconception that came about with poor translation and horrible press from Gridseed.  The cost for a single USB machine (which includes 6x 60kh/s units) is $82 + 6 x $65 = $472.  So you're paying $472 for 360kh/s.  The minimum order is 10 of *these*, not 10 single chips (unless I'm mistaken), making the total for 3.6MH/s of hashing power $4720.
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January 16, 2014, 04:24:46 AM
 #124

Guys, i'm italian.
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day

ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day

assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.

in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.

(change EUR/USD 1.36)
(change BTC/USD 850.00)

This is the (unfortunate) misconception that came about with poor translation and horrible press from Gridseed.  The cost for a single USB machine (which includes 6x 60kh/s units) is $82 + 6 x $65 = $472.  So you're paying $472 for 360kh/s.  The minimum order is 10 of *these*, not 10 single chips (unless I'm mistaken), making the total for 3.6MH/s of hashing power $4720.

Indeed, and it's 5 chips on each miner operating at between 300-360 total (not each).

As for power, it appears to be .44W per chip in LTC mode and 5.3W per chip in hybrid mode

Here is where the chip prices were first confirmed at about $65:
http://www.cybtc.com/thread-3226-1-1.html
Quote
Development board: each 500 yuan
chip: 400 yuan per piece, per pack of 1600 yuan four chips
This price is only preliminary offers developers, not as a formal reference to the product price. Each person can purchase two development boards, chip purchase of two packs per person.

And here is a link to the specs sheet of the chips
https://docs.google.com/file/d/0BxFU17PfhOeeaEVlM3Q1VDBlUkU/edit

I'm interested to see what happens with these.
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January 16, 2014, 04:29:21 AM
 #125

Guys, i'm italian.
here, to build a gpu mining rig, whit 5 r9 280x for a 3.6 Mh/s, you pay about 2000 euro.
estimated consumption even undervolting cards, is about 1.4 Kw/h that costs about 5.00 euro/day
the Gridseed ASIC, if i right understand, have 5 chips even "usb device" and it can do about 300 Khash/s for a consumption of about 30V. so, 10 device that i read cost 1360$ (1000 euro) would get 3,0 Mhash/s for about 300V. power costs is about 1.10 euro/day

ASIC miner 1euro = 3 Khash/s + 1.10 euro power/day
GPU miner 1 euro =1.8 Khash/s + 5.00 euro power/day

assuming that 1Mh made 0.01 BTC day:
asic miner made 0.03 BTC/day that is 25.5$ (18.75 euro) - power (1.10 euro) total 17.65 euro/day net (time to autopay 57 days)
GPU miner made 0.036 BTC/day that is 30.6$ (22.50 euro) - power (5.00 euro) total 17.50 euro/day net (time to autopay 114 days)
not counting space problems, overheating, noise etc.

in Italy, Gridseed ASIC is much more profittable than any GPU for scrypt mining now.

(change EUR/USD 1.36)
(change BTC/USD 850.00)

This is the (unfortunate) misconception that came about with poor translation and horrible press from Gridseed.  The cost for a single USB machine (which includes 6x 60kh/s units) is $82 + 6 x $65 = $472.  So you're paying $472 for 360kh/s.  The minimum order is 10 of *these*, not 10 single chips (unless I'm mistaken), making the total for 3.6MH/s of hashing power $4720.

Thanks for the translation

I think it is a avalon repeat lets mine for ourselfs deal....

$4720 for 3.6m is a total fucking joke its at least 300% more expensive than a gpu rig ..in a way this is good that they have priced it out of reach of anybody who is serious with mining

Also what is it with these pplz that they basically put something up for sale with basically NO real potential profit for anybody

ASICMINER
AVALON batch 3

Realistically just self mine and stop trapping suckers... @ 12c kw it will take 3 years to recoup the extra cost of ~ 3k extra compared to a GPU rig

Thats legit !


OBJECT NOT FOUND
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January 16, 2014, 06:12:08 AM
 #126

Hey hey, anyways, let's hear what CrapTech is about to say. Too bad someone fallen under preordering it.

Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.
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January 16, 2014, 01:34:59 PM
 #127

Hey hey, anyways, let's hear what CrapTech is about to say. Too bad someone fallen under preordering it.

Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.

haters will hate

https://alpha-t.net/ all the way! you get 5mh/s for only $1350
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January 16, 2014, 02:30:23 PM
 #128


haters will hate

https://alpha-t.net/ all the way! you get 5mh/s for only $1350
From their roadmap it seems like they have set July for the initial release of their product?
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January 16, 2014, 02:37:30 PM
 #129

my automatic translator for this site: http://www.cybtc.com/forum.php?mod=viewthread&tid=4792&highlight=gc3355
say that: Chip: Gridseed GC3355 X 5, so i think every device, has 5 chips inside.
there's a lot of pics in this chinese forum, and my traslatror sayd that first 400 devices are sold in paket of 10 devices to 3 groups of people of that forum, who, substancially, should be testing this beta device.

there aren any price.

only in an other forum a guy talk about price of 8200 rmb. thats the font:
http://www.reddit.com/r/litecoinmining/comments/1vbj65/gridseed_releases_script_asic_capable_of_36_mhs/

so i think gridseed has developed his device using gc3355, and now they sold a 1st beta batch of 400 pieces for tests it whit ristrect numbers of chinese miners. sold a limited beta device for tests it, is a great idea for firm Smiley

thats only my opinion obv.

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January 16, 2014, 03:11:40 PM
 #130

Hey hey, anyways, let's hear what CrapTech is about to say. Too bad someone fallen under preordering it.

Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.

haters will hate

https://alpha-t.net/ all the way! you get 5mh/s for only $1350
Amazing exchange rate you're getting there!
It's £1350 (GB Sterling) Which in todays rate equates to $2205 US Dollar
+ any import tax

If I've helped, please consider donating....
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January 16, 2014, 04:25:33 PM
 #131

Hey hey, anyways, let's hear what CrapTech is about to say. Too bad someone fallen under preordering it.

Legit devices generate profit for their creators for enourmous time before going too much in public.
That's why you are getting 360kh/s device for 500 USD, even thou developing them cost a dozen times less.

haters will hate

https://alpha-t.net/ all the way! you get 5mh/s for only $1350
Amazing exchange rate you're getting there!
It's £1350 (GB Sterling) Which in todays rate equates to $2205 US Dollar
+ any import tax

you are in the right, Andr3wKay.
and dont forget VAT.
i reckon that Alpha-T 5Mhs device in italy will costs about 2100 euro including tax and shipping.
2 rigs whit 7 R9 280x for same hashrate, will costs about 3000 euro.

great difference in power consumption. 100w for alpha-t device, 2000w for rigs....

actually alpha-t device is the best choice without dobt.
but we dont know for sure if it is a scam or if it real and legal, and, if real, when they start to delivery on large scale.

really, i'm looking to build a 5gpu mining rig, but now i have a lot of dubt.

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January 16, 2014, 04:46:11 PM
 #132

What does it mean http://www.dualminer.com/Internal-Test-Only-Not-for-Sale_p_17.html
Only $0.60 for DualMiner USB ?
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January 16, 2014, 04:58:50 PM
 #133

What does it mean http://www.dualminer.com/Internal-Test-Only-Not-for-Sale_p_17.html
Only $0.60 for DualMiner USB ?

The url says "for internal test only not for sale" i highly doubt they would ship something for $0.60

Message me if you have any problems
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January 16, 2014, 05:11:52 PM
 #134

What does it mean http://www.dualminer.com/Internal-Test-Only-Not-for-Sale_p_17.html
Only $0.60 for DualMiner USB ?

The url says "for internal test only not for sale" i highly doubt they would ship something for $0.60

Yes, I think so. It's for site testing only.
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January 17, 2014, 01:16:56 AM
 #135

What does it mean http://www.dualminer.com/Internal-Test-Only-Not-for-Sale_p_17.html
Only $0.60 for DualMiner USB ?

the url is also said that usb device price is 98$ for 1gh BTC power + 33Kh LTC power or 71Kh only LTC power for 2.5w

http://www.dualminer.com/DualMiner-USB_p_16.html

i dont understand why they can sell at the same time 0.60$ for test and 98.00$ for sale... for me this is lol

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January 17, 2014, 05:28:58 AM
 #136

What does it mean http://www.dualminer.com/Internal-Test-Only-Not-for-Sale_p_17.html
Only $0.60 for DualMiner USB ?

the url is also said that usb device price is 98$ for 1gh BTC power + 33Kh LTC power or 71Kh only LTC power for 2.5w

http://www.dualminer.com/DualMiner-USB_p_16.html

i dont understand why they can sell at the same time 0.60$ for test and 98.00$ for sale... for me this is lol

the test one is for the web developer to make sure the site is working...christ...

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mazedk
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January 17, 2014, 08:45:32 AM
 #137

So, I'v been talking to a guy called "Jack Liao".

Claiming to have a 3MH scrypt unit running on these chips (i think) at 80w + 100ghs sha256 as a "bonus" Smiley

Anyone else been talking to him?

Hes from www.lightningasic.com
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January 17, 2014, 12:05:53 PM
 #138

So, I'v been talking to a guy called "Jack Liao".

Claiming to have a 3MH scrypt unit running on these chips (i think) at 80w + 100ghs sha256 as a "bonus" Smiley

Anyone else been talking to him?

Hes from www.lightningasic.com
3mhs scrypt + 100ghs sha356 sounds like an expensive thing when it eventually will hit the marked lol.
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January 17, 2014, 12:15:14 PM
 #139

Hes saying its ready to ship + its 2k$ ... Sounds like my own personal $ printer .... Smiley
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January 17, 2014, 01:52:55 PM
 #140

Then go buy one Wink

Review of the Spondoolies-Tech SP10 „Dawson“ Bitcoin miner (1.4 TH/s)

[22:35] <Vinnie_win> Did anyone get paid yet? | [22:36] <Isokivi> pirate did!
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January 17, 2014, 03:03:49 PM
 #141

So, I'v been talking to a guy called "Jack Liao".

Claiming to have a 3MH scrypt unit running on these chips (i think) at 80w + 100ghs sha256 as a "bonus" Smiley

Anyone else been talking to him?

Hes from www.lightningasic.com

That's nice and all, but if he is selling it at $9000 its not really news.

Please let us know what you discover.

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January 17, 2014, 07:39:21 PM
 #142

Hes saying its ready to ship + its 2k$ ... Sounds like my own personal $ printer .... Smiley
$2k is doable, how would one go forth and order from this chap?
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January 17, 2014, 09:55:56 PM
 #143

You pay 60$ a chip, they pay 1$.  They will push as many GH/sec as they can as fast as they can and mine themselves.  For them, these chips pay themselves back measured in hours.

If anyone is dumb enough to buy their chips, they will put out several dozen for every one you buy, funded entirely by you.

Scrypt is dead.
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January 17, 2014, 10:49:00 PM
 #144

You pay 60$ a chip, they pay 1$.  They will push as many GH/sec as they can as fast as they can and mine themselves.  For them, these chips pay themselves back measured in hours.

If anyone is dumb enough to buy their chips, they will put out several dozen for every one you buy, funded entirely by you.

Scrypt is dead.
Scrypt on GPUs is only dead when the hashrate on network surpasses by a long shot the # and valuation of shitcoins generated, marketed and entering exchanges every single day.

I've been mining memorycoin which isn't scrypt for a few days though. In the best days, I got 3x the profit and the GPUs use ~60W each instead of 150


 
 
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sikke
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January 17, 2014, 11:21:50 PM
 #145

You pay 60$ a chip, they pay 1$.  They will push as many GH/sec as they can as fast as they can and mine themselves.  For them, these chips pay themselves back measured in hours.

If anyone is dumb enough to buy their chips, they will put out several dozen for every one you buy, funded entirely by you.

Scrypt is dead.

+1 i like your ideas
+2 for facts
+3 in a gold rush those who will sell parts will gain most capital. IF this company is legit and can do it, Scrypt mining. Only means there will be +10 more in next 6 months.

Scrypt for GPUs is not dead at this very date and for all gamers out there soon will be good stock of AMD GPUs that can handle all proper games nicely. Very cheap. All this fuzz and valuation of silly altcoins will keep up the GPU mining proftability for those people who want to invest time and focus on it. As power and watts per KH/s GPU mining is dead and ecological disaster. Dedicated chips will do the same Scrypt job with 1/40, then 1/100 and then 1/1000 of the Power cost of a GFX Card.

Also this chip will only currently do Litecoins. +6months there will be least dozen more companys with their chip solutions.

As a GPU miner which i am not. i would seriously evaluate ROI point and resale value to get ride of GPU mining and investing same capital to BTC or something else. Waiting for next wave of hardware mining. Early adopters always gain the benefits. The people who are planning to make 8, 12, 16 GPU rigs now... dont, you are too late. Goldrush is gone.

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January 18, 2014, 06:30:34 AM
 #146

when is the next batch of these expected to be sold? and/or waiting list or whatever I may have to do to hear about such?

not sure i'll do so..but on the short list for the alpha scrpyt machine 5mh at 2200 bucks or so (I'm brave have 45 day protection paypal)

10 of these gridseed units look like a better deal and guicker out the door then july for the above alpha units  (again I'm fence sitting on all this just saying)

anyhoo a link to where to watch or get in line or whatever so I can keep track

their site simply says "coming soon"

Searing

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January 18, 2014, 12:16:53 PM
 #147

As a GPU miner which i am not. i would seriously evaluate ROI point and resale value to get ride of GPU mining and investing same capital to BTC or something else. Waiting for next wave of hardware mining. Early adopters always gain the benefits. The people who are planning to make 8, 12, 16 GPU rigs now... dont, you are too late. Goldrush is gone.
Bad advice. GPU mining will allways be more fun and risk free than entering ASIC spiral that streams all the coins to ASIC sources. If scrypt coins developers want, they can make changes towards different algo. GPUs will adapt, what will happen to scryptASICS? They will continue diving into BTC ASIC spiral. That's why nobody is producing scrypt-only ASIC.

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January 18, 2014, 12:30:11 PM
 #148

gridseed is just sold by ebay.
prices is fool.
but the pic with 5 chip is interesting. Smiley

http://www.ebay.com/itm/Grid-seed-bitcoin-litecoin-miner-10pcs-usb-litecoin-miner-set-/271375809461?pt=LH_DefaultDomain_0&hash=item3f2f423bb5

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January 18, 2014, 01:33:37 PM
 #149

Grid seed bitcoin litecoin miner 10pcs usb litecoin miner set
US $4,369.00
Power: 60W for one , 600W for 10pcs
rated speed :80G BTC + 3M LTC

So you get 10x 80GH/s SHA and 10x 3MH/s scrypt for $4,369.00 or how is this listing to be understood?

Review of the Spondoolies-Tech SP10 „Dawson“ Bitcoin miner (1.4 TH/s)

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January 18, 2014, 01:57:27 PM
 #150

Thanks for the clarification. Yes, that's expensive.

Review of the Spondoolies-Tech SP10 „Dawson“ Bitcoin miner (1.4 TH/s)

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January 18, 2014, 02:04:09 PM
 #151

Thanks for the clarification. Yes, that's expensive.

I saw someplace else ...I think it was the first batch of 400 that is sold out..going for like 3300 usd or some such (not sure that ball park)...but can't find the page was a translated page someplace

so the guy on ebay is upping the $$$ by quite a bit if I'm correct in my rembering

Searing

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Silvano
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January 18, 2014, 02:04:29 PM
 #152

Grid seed bitcoin litecoin miner 10pcs usb litecoin miner set
US $4,369.00
Power: 60W for one , 600W for 10pcs
rated speed :80G BTC + 3M LTC

So you get 10x 80GH/s SHA and 10x 3MH/s scrypt for $4,369.00 or how is this listing to be understood?

no, you have 80ghs/sha more 3mhs/scrypt for 4,369 bucks..

this price is really crazy high Smiley

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January 18, 2014, 02:24:44 PM
 #153

The value of both btc and ltc must nearly triple if that 80g-/3mhs contraption will have any chance making the return of investment at the price of 4300 buckaroos...
Only reason you would buy this is if you're pretty darn sure that this will happen and hanging on to the mined coins until it eventually does.
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January 18, 2014, 03:03:50 PM
 #154

The listing says 10x.  Are we sure its only one unit?

Power: 60W for one , 600W for 10pcs
rated speed :80G BTC + 3M LTC
Can mine sha256 , scrypt coin
B mode , L mode , B&L mode changeble
GC3355 chipset
10xUSB bitcoin/litecoin miner
1x controller

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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January 18, 2014, 03:47:01 PM
 #155

The listing says 10x.  Are we sure its only one unit?

Power: 60W for one , 600W for 10pcs
rated speed :80G BTC + 3M LTC
Can mine sha256 , scrypt coin
B mode , L mode , B&L mode changeble
GC3355 chipset
10xUSB bitcoin/litecoin miner
1x controller

each device, i read here, make in double mode: 8Gh/sha and 300Kh/scrypt.
in the first post, there are specifications about hashpower of any chip.
any device has 5 cips (there is the pic about that)


10 devices costs 4,369.00 = 426.90$ each device.


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January 18, 2014, 04:07:38 PM
 #156

Fortunately the device is not that expensive. 1 USB unit with 5 chips is $133 and the controller is $66 so the total cost of a 20 piece system is ~$2700 (¥ 16398). http://mall.diginforce.com/goods.php?id=39

The listing says 10x.  Are we sure its only one unit?

Power: 60W for one , 600W for 10pcs
rated speed :80G BTC + 3M LTC
Can mine sha256 , scrypt coin
B mode , L mode , B&L mode changeble
GC3355 chipset
10xUSB bitcoin/litecoin miner
1x controller

each device, i read here, make in double mode: 8Gh/sha and 300Kh/scrypt.
in the first post, there are specifications about hashpower of any chip.
any device has 5 cips (there is the pic about that)


10 devices costs 4,369.00 = 426.90$ each device.



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January 18, 2014, 04:35:05 PM
 #157

some Gridseed GC3355 USB miners have been sold out,they like this:http://www.cybtc.com/article-538-1.html

now the sell  only in china,one USB miner include 5 Gridseed GC3355 chips,about $133

BTC rate:10G/S
LTC rate:300K/S

power of  BTC+LTC Mode:60W
power of LTC Mode:7W

and many coinminers have 360K/S in LTC Mode

Instructions for user:http://www.cybtc.com/thread-4950-1-1.html

news and evaluation on bitcoin miner and other digital miners. www.cybtc.org(english),www.cybtc.com(chinese),www.cybtc.net(chinese)
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January 18, 2014, 05:13:13 PM
 #158

Fortunately the device is not that expensive. 1 USB unit with 5 chips is $133 and the controller is $66 so the total cost of a 20 piece system is ~$2700 (¥ 16398). http://mall.diginforce.com/goods.php?id=39


2700$ for 20 devices for 6Mhs in LTC mode only, is about 30% cheaper than equal hashrate GPU mining rig
but the great saving is power.

6Mhs gpu rig use about 2100w at the wall
6Mhs asic only L mode use about 140w + 100w? (my own valutation) for alimentation of various usb strips....

8.75 times less power!!!!

coinwarz: mhs 6000 power 2100 LTC net revenue 30.15$ (italian power cost applied)
coinwarz: mhs 6000 power 250 LTC net revenue 39.11$ (italian power cost applied)
it's 29.72% more profitable

definitely we got 30% more profit whit 30% less investiment.

so i'm sad... i just ordered my 5 gpu...

EAC: eStpUnXdAACnB8mntosy1H3yiumrFwUdYU  DOGE: DQvMVeWDzetrbcYU7FFrg9Q9KEcDTeQLm2
LOT: M5qBdb43nj53Jjjf8Ci95dgQzoUriQiKDv     MOON: 2UNbhV3RUdFNRiK6wWop6gPawM9xGbbaEn
Northlander
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January 18, 2014, 05:18:49 PM
 #159

Fortunately the device is not that expensive. 1 USB unit with 5 chips is $133 and the controller is $66 so the total cost of a 20 piece system is ~$2700 (¥ 16398). http://mall.diginforce.com/goods.php?id=39


2700$ for 20 devices for 6Mhs in LTC mode only, is about 30% cheaper than equal hashrate GPU mining rig
but the great saving is power.
.........
definitely we got 30% more profit whit 30% less investiment.

so i'm sad... i just ordered my 5 gpu...
Don't be sad, gpu's have great resale-value Smiley - both miners and gamers are still in love with those nifty little chips from amd.
But I think the price is about right for that scrypt-asic miner and if they are able to provide the scene with a steady supply we'll see an even more rapid increase in difficulty and thus rendering our nice little gpu-rigs utter useless for scrypt-mining soon. Sigh.
Unless you've got some crazy deal with free power and cheap gpu's (got free power myself tho. )
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January 18, 2014, 05:30:47 PM
 #160

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
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January 18, 2014, 05:34:30 PM
 #161

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.

I pay 0.25$/kwh .. so for some, it would be a decent deal over a period of time Smiley
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January 18, 2014, 05:37:27 PM
 #162

[...]
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD
[...]

Since one USB device does 300 kh/s you don't need 12 of them to reach 720 kh/s Tongue

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January 18, 2014, 05:40:32 PM
 #163

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
Do you think all sticks assembled will collect dust while waiting for their lucky owner?
Do you think that thousands of chips produced will patiently  wait to be transformed into USB sticks
I don't
But if you do there is nothing to be afraid of except diff going to the moon nothing ele

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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January 18, 2014, 05:42:12 PM
 #164

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
Do you think all sticks assembled will collect dust while waiting for their lucky owner?
Do you think that thousands of chips produced will patiently  wait to be transformed into USB sticks
I don't



If someone wants to pay for it, sure full steam ahead,  esp the people who have high kWh numbers.   I won't.  You get no warranty from this manufacturer making the USB chips and try to resell it? You got a nitch market you gotta deal with.  Video cards are easy to resell.
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January 18, 2014, 05:48:07 PM
 #165

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
Do you think all sticks assembled will collect dust while waiting for their lucky owner?
Do you think that thousands of chips produced will patiently  wait to be transformed into USB sticks
I don't



If someone wants to pay for it, sure full steam ahead,  esp the people who have high kWh numbers.   I won't.  You get no warranty from this manufacturer making the USB chips and try to resell it? You got a nitch market you gotta deal with.  Video cards are easy to resell.
Me either but it does not matter because there are no rules anymore in OTC mining
Welcome to btc ASIC world guys Cry

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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January 18, 2014, 05:48:31 PM
 #166

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.
Do you think all sticks assembled will collect dust while waiting for their lucky owner?
Do you think that thousands of chips produced will patiently  wait to be transformed into USB sticks
I don't



If someone wants to pay for it, sure full steam ahead,  esp the people who have high kWh numbers.   I won't.  You get no warranty from this manufacturer making the USB chips and try to resell it? You got a nitch market you gotta deal with.  Video cards are easy to resell.
Me either but it does not matter because there are no rules anymore in OTC mining
Welcome to btc ASIC world guys Cry

ya Sad
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January 18, 2014, 07:00:36 PM
 #167

is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks
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January 18, 2014, 07:12:35 PM
 #168

is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks

No, gpu mining is nowhere near dead. There are no commercial scrypt asics. The gpu mining game is running very strong right now.
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January 18, 2014, 07:28:24 PM
 #169

is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks

No, gpu mining is nowhere near dead. There are no commercial scrypt asics. The gpu mining game is running very strong right now.

did you see Next Difficulty:4,146 (+5.45%) it will be dead soon , i wish there GPU mining only .


RickJamesBTC
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January 18, 2014, 07:46:27 PM
 #170

is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks

No, gpu mining is nowhere near dead. There are no commercial scrypt asics. The gpu mining game is running very strong right now.

did you see Next Difficulty:4,146 (+5.45%) it will be dead soon , i wish there GPU mining only .




There are what, 100 other coins and new ones popping up every day? If you are trying to make money mining, you need to put a little effort in. Thanks for the predictions though? Difficulty goes up, you get more GPUs, you earn more coin.... Not that hard.
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January 18, 2014, 08:02:02 PM
 #171

is GPU mining dead now ?? i have free electricity so can any one advice me .


thanks

No, gpu mining is nowhere near dead. There are no commercial scrypt asics. The gpu mining game is running very strong right now.

did you see Next Difficulty:4,146 (+5.45%) it will be dead soon , i wish there GPU mining only .




There are what, 100 other coins and new ones popping up every day? If you are trying to make money mining, you need to put a little effort in. Thanks for the predictions though? Difficulty goes up, you get more GPUs, you earn more coin.... Not that hard.


thanks for your reply , i know there is 100 and may be coin out there but did you see PPC and other SHA-256 coins there Difficulty went up when bitcoin went up to , i think we need GPU only coin ,


again  this is my toughs Smiley .
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January 18, 2014, 08:13:43 PM
 #172

GPU-mining still have several months of profitable mining even with the diff going up.
And as long as you can sell your gpu's when you feel they have outlived their purpose you will have good chances of getting your return of the investment and a profit out of it in the end.
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January 18, 2014, 09:04:35 PM
 #173

It's win win.  If LTC follows BTC price pattern when ASICs come out then any coins you mine now with GPUs will be worth 10 times more.  If it doesn't then without the big price increase ASICs will not be worth buying and will either not be a factor or force the manufacturers to sell them cheap.
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January 19, 2014, 08:22:05 PM
 #174

So is this a Scrypt ASIC or a SHA256 Asic and some other Scrypt chip together?

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January 19, 2014, 09:20:14 PM
 #175

So is this a Scrypt ASIC or a SHA256 Asic and some other Scrypt chip together?
Basically both things in the same chip as far as I know.
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January 20, 2014, 07:51:08 AM
 #176

The chip is capable of both scrypt and SHA256; however since it is in beta testing they are having some stability issues with the dual mode.  Here is a link to the official website, unfortunately there is not very much information.

http://www.gridseed.com/main.php

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January 21, 2014, 06:02:17 AM
 #177

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.

They were quoting about $2k for 10 units with 5 chips, doing 60khps per chip, which is $480 for 720khps, 40% of the cost you used above.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
RickJamesBTC
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January 21, 2014, 06:04:45 AM
 #178

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.

They were quoting about $2k for 10 units with 5 chips, doing 60khps per chip, which is $480 for 720khps, 40% of the cost you used above.

Yep, and they sell out before I can get any!  I'm trying, we'll see how my contacts there do...
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January 21, 2014, 07:44:55 AM
 #179

So total per month for each one in $/kWh is

$350.00-USD 1x 280x 720kh/sec 0.09$/kWh 24/7 x 30 days = $16.20-USD
$1200.00-USD 12x usb miners 720kh/sec 0.09$/kWh 24/7 x 30 days = $1.50-USD

You would save $14.70 per month on your electricity bill, however you spent 650.00 more for the USB miners. It would take you 44+ months to make up for the cost.
So is it worth it? Not with AMD pumping out 20mn chips soon.

Also quick resell value of the 280x, around 300.  USB chips that only do two things? Not worried about ASIC for scrypt at all.

They were quoting about $2k for 10 units with 5 chips, doing 60khps per chip, which is $480 for 720khps, 40% of the cost you used above.

Yep, and they sell out before I can get any!  I'm trying, we'll see how my contacts there do...
Please, let me know if u will get any information. I would like to buy that stuff.

LITECOIN: LiXF55t6Wk3AYtmRUo29AyfMNA1KDbrnGu
CRYPT: EzH5tBg3CNB2jBMZnqvAH4Byq97hLaBeea
BITCOIN: 1pmnyh7L6mgmDbR7KwyWajckgK9y5V4qZ
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January 21, 2014, 10:10:27 AM
 #180

So it costs them say 1 to build and they sell it to you for 10!

Every time someone buys 1 from them they build 10 more to mine for themselves & you paid for it!!

Difficult skyrockets all miners loose out except them  ..
 
------


People are fixating on the fact that the power consumption of these things is low and how much more they can "possibly" make mining and they are missing the whole picture! You are getting fleeced!

You buy 1 and they make 10 for them and they jump on the network and take your "possible" earnings too.

Its like paying up front to get hit in the head with a baseball bat and then you are letting them come back every day thereafter and arse rape you again by taking your future profits by mining themselves! They are whats looking like a botnet on mc! They are already gaining 100MH's / day!

Dam are people that stupid or what!

Greedseed pfft..









 


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RickJamesBTC
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January 21, 2014, 10:38:55 AM
 #181

So it costs them say 1 to build and they sell it to you for 10!

Every time someone buys 1 from them they build 10 more to mine for themselves & you paid for it!!

Difficult skyrockets all miners loose out except them  ..
 
------


People are fixating on the fact that the power consumption of these things is low and how much more they can "possibly" make mining and they are missing the whole picture! You are getting fleeced!

You buy 1 and they make 10 for them and they jump on the network and take your "possible" earnings too.

Its like paying up front to get hit in the head with a baseball bat and then you are letting them come back every day thereafter and arse rape you again by taking your future profits by mining themselves! They are whats looking like a botnet on mc! They are already gaining 100MH's / day!

Dam are people that stupid or what!

Greedseed pfft..

So people who want to buy something shouldn't, and companies shouldn't make things that people want to buy. Got it!

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January 21, 2014, 11:14:39 AM
 #182

^^ Good! 

Then you understand why people who sell vaccines shouldnt be spreading variants of whatever they were supposed to protect you from. That would be just lining their pockets and making it really bad for everyone else but you knew that.







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KyrosKrane
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January 21, 2014, 11:19:21 AM
 #183

Then you understand why people who sell vaccines shouldnt be spreading variants of whatever they were supposed to protect you from. That would be just lining their pockets and making it really bad for everyone else but you knew that.
I honestly can't tell if you're being serious or facetious.

Tips and donations: 1KyrosREGDkNLp1rMd9wfVwfkXYHTd6j5U  |  BTC P2Pool node: p2pool.kyros.info:9332
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January 21, 2014, 11:25:51 AM
 #184

^^ reverse trolling..  Cheesy  ( did you expect me to be serious when he replied like that..) lol

plus he sells $5.00 cables for $50 bucks.. he cant be saved. <--- (j/k)  Grin
























how many times did i get you? lol

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firejuan
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Because it's sterile...


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January 21, 2014, 11:34:16 AM
 #185

http://www.diginforce.com/

keep an eye on this site if you live in China or have contacts there

Singlebyte
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January 23, 2014, 07:06:37 AM
 #186

Now available on AliExpress?

http://www.aliexpress.com/item/world-first-GridSeed-litecoin-bitcoin-miner-fast-shipping/1625115981.html

sooraw
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January 23, 2014, 07:40:25 AM
 #187


They seems to be around 50% overpriced, there is no money in them at that price as far as i can see
RickJamesBTC
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January 23, 2014, 07:40:35 AM
 #188


Great, that's double the asking price, if not more...
nov
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Independent crypto developer


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January 23, 2014, 09:08:13 AM
 #189

Even gridseed increased the prices yesterday!


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medialab101
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January 23, 2014, 12:34:05 PM
 #190


How do people see this stacking up against the release schedule and pricing of Alpha-T or Fibonacci?
nov
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January 23, 2014, 01:00:46 PM
 #191

This probably is first working Litecoin asic.


How do people see this stacking up against the release schedule and pricing of Alpha-T or Fibonacci?

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medialab101
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January 23, 2014, 01:24:51 PM
 #192

This probably is first working Litecoin asic.


How do people see this stacking up against the release schedule and pricing of Alpha-T or Fibonacci?


Here is a list:

https://litecointalk.org/index.php?topic=6506.0;topicseen
klintay
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I thought we all equal -_-


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January 24, 2014, 05:12:08 AM
 #193

Are greedseed even selling? I hear a lot of talk but see no sales page or any response on skype or email...

EYE




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vesperwillow
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January 24, 2014, 01:38:27 PM
 #194

I emailed asking for info, mind you the email was in english. i got back a chinese email, aka, gibberish.

If they're legit, they're not interested in US sales, at least they didn't care to sell to me.

RickJamesBTC
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January 24, 2014, 06:52:12 PM
 #195

That's correct, they are not interested in us sales at this time. A limited number of those miners were made, less than 100 batches of ten, and sold first come first serve via a qq chat. I had someone trying to get them for me in china, but by the time they told me the orders opened and I said yes, they sold out.

As soon as they are making them in large amounts, which can't happen until at least after Chinese New Year, we won't see any of them.
Don007
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Live like there is no tomorrow!


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January 25, 2014, 11:25:25 AM
 #196

I'm also interested in these devices. I'm located in Europe.

When does that Chinese New Year ends?

<< Curently quite inactive as I'm really busy in my private life. I will get back soon! >>
-> Your line here during my inactivity? Feel free to PM <-
wabbit313
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January 25, 2014, 01:34:47 PM
 #197

This year, the Chinese New Year falls on Jan 31, it lasts 2 weeks.

Probably most of the factory are already closed by Monday.