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mazedk
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January 18, 2014, 05:34:30 PM |
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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  |
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"You Asked For Change, We Gave You Coins" -- casascius
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kurzer42
Newbie
 Offline
Activity: 16
Merit: 0
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January 18, 2014, 05:37:27 PM |
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[...]
$1200.00-USD 12x usb miners 720kh/sec 0.09$/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  |
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loshia
Legendary
Offline
Activity: 1610
Merit: 1000
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January 18, 2014, 05:40:32 PM |
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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 |
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poppys
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January 18, 2014, 05:42:12 PM |
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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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loshia
Legendary
Offline
Activity: 1610
Merit: 1000
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January 18, 2014, 05:48:07 PM |
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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  |
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poppys
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January 18, 2014, 05:48:31 PM |
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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 ya  |
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tigerfree
Legendary
Offline
Activity: 1015
Merit: 1000
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January 18, 2014, 07:00:36 PM |
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is GPU mining dead now ?? i have free electricity so can any one advice me .
thanks
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RickJamesBTC
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January 18, 2014, 07:12:35 PM |
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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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tigerfree
Legendary
Offline
Activity: 1015
Merit: 1000
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January 18, 2014, 07:28:24 PM |
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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 . |
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RickJamesBTC
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January 18, 2014, 07:46:27 PM |
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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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tigerfree
Legendary
Offline
Activity: 1015
Merit: 1000
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January 18, 2014, 08:02:02 PM |
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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 . |
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Northlander
Newbie
Offline
Activity: 19
Merit: 0
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January 18, 2014, 08:13:43 PM |
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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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User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
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January 18, 2014, 09:04:35 PM |
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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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True___Blue
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January 19, 2014, 08:22:05 PM |
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So is this a Scrypt ASIC or a SHA256 Asic and some other Scrypt chip together?
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Northlander
Newbie
Offline
Activity: 19
Merit: 0
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January 19, 2014, 09:20:14 PM |
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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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firejuan
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January 20, 2014, 07:51:08 AM |
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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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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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January 21, 2014, 06:02:17 AM |
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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.
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RickJamesBTC
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January 21, 2014, 06:04:45 AM |
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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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gmcm
Member
Offline
Activity: 118
Merit: 10
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January 21, 2014, 07:44:55 AM |
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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
BITCOIN: 1pmnyh7L6mgmDbR7KwyWajckgK9y5V4qZ
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zedicus
Legendary
Offline
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
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January 21, 2014, 10:10:27 AM |
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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 ..
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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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