Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC

[Cheshyr]

...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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[goldbars]

price seems a bit too high?

[Neon001]

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.

[2RoyalSox]

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

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.

[YipYip]

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 !

[Mylo]

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.

[goldbars]

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

[Northlander]

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?

[Silvano]

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

thats only my opinion obv.

[Andr3wKay]

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

[Silvano]

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.

[m_kam]

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

[Beastlymac]

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

[m_kam]

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.

[Silvano]

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

[klintay]

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...

[mazedk]

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"

Anyone else been talking to him?

Hes from www.lightningasic.com

[Northlander]

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"

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.

[mazedk]

Hes saying its ready to ship + its 2k$ ... Sounds like my own personal $ printer ....

[ShadesOfMarble]

Then go buy one