LIGHTNINGASIC LA100M,100MHS SCRYPT Miner, USD1999; LA1THS, USD1750.shipped out!

[asiabtc]

great news. some volunteers has received the package.
hope they can make one great review of it. and help to make it work perfect.
Join us pls.
yours LightningAsic Team.

[eightcylinders]

$500 per unit seems grossly overpriced. I don't think that will ever ROI unless you pay in fiat and price per coin shoots up like crazy.

I am not sure it is **grossly** overpriced, but seems like a "list" price that will surely come down, especially in quantity.  Power requirements will be very important, but consider that it would take FOUR R9 290 cards to achieve 3Kh/s scryp mining power.  Assuming you have a system that can handle four cards, those four cards will set you back about $2,400, plus at least $250 for a 1300 watt gold rated power supply (which might not even be enough, may need two), plus the cost of a dedicated computer to house them and run cgminer.  So that is at least $2,650, versus 10 x 500 = $5,000 for these little doo-dads.  And, those 10 units of the combo scryp + BTC will mine 80 Gh/s at the same time (as I understand it, yet to be seen).  At the current rate of about $10/Ghs, that adds another $800 in value.    So I think the apples to apples comparison is $2,650 + $800 versus $5,000.

And then there is the fact that you can (again, according to the original spec yet to be proven; and power requirement TBD) string together dozens of these which would not be possible with graphics cards unless you were to invest in multiple servers (I think the max on crossfire is 4 cards per server).  

Overpriced at list price?  Yes, but I would not call that gross overpricing.  It seems like high end pricing, and I am sure it will come down (especially as price per Gh/s of BTC and price per Kh/s of alt coin mining also drops as it has historically).

[asiabtc]

$500 per unit seems grossly overpriced. I don't think that will ever ROI unless you pay in fiat and price per coin shoots up like crazy.

I am not sure it is **grossly** overpriced, but seems like a "list" price that will surely come down, especially in quantity.  Power requirements will be very important, but consider that it would take FOUR R9 290 cards to achieve 3Kh/s scryp mining power.  Assuming you have a system that can handle four cards, those four cards will set you back about $2,400, plus at least $250 for a 1300 watt gold rated power supply (which might not even be enough, may need two), plus the cost of a dedicated computer to house them and run cgminer.  So that is at least $2,650, versus 10 x 500 = $5,000 for these little doo-dads.  And, those 10 units of the combo scryp + BTC will mine 80 Gh/s at the same time (as I understand it, yet to be seen).  At the current rate of about $10/Ghs, that adds another $800 in value.    So I think the apples to apples comparison is $2,650 + $800 versus $5,000.

And then there is the fact that you can (again, according to the original spec yet to be proven; and power requirement TBD) string together dozens of these which would not be possible with graphics cards unless you were to invest in multiple servers (I think the max on crossfire is 4 cards per server).  

Overpriced at list price?  Yes, but I would not call that gross overpricing.  It seems like high end pricing, and I am sure it will come down (especially as price per Gh/s of BTC and price per Kh/s of alt coin mining also drops as it has historically).

this price:usd500 is only for one single cell. its testing purpose.if you buy LA3M, LA6M, totally different cost.

[asiabtc]

you can download the guide, drivers, firmware here:
http://goo.gl/G27Vxr

or :

all guide file:
http://www.4shared.com/rar/Cc3eArxvce/PDF.html
drivers, firmware:
http://www.4shared.com/rar/Ob1rlXQrba/LIGHTNINGASIC_USB_Rig_Firmware.html

[redmonski]

Hi asiabtc,

So the single rig can work without the controller?
It will work by just using the PC?

Thanks!

[YipYip]

$500 per unit seems grossly overpriced. I don't think that will ever ROI unless you pay in fiat and price per coin shoots up like crazy.

I am not sure it is **grossly** overpriced, but seems like a "list" price that will surely come down, especially in quantity.  Power requirements will be very important, but consider that it would take FOUR R9 290 cards to achieve 3Kh/s scryp mining power.  Assuming you have a system that can handle four cards, those four cards will set you back about $2,400, plus at least $250 for a 1300 watt gold rated power supply (which might not even be enough, may need two), plus the cost of a dedicated computer to house them and run cgminer.  So that is at least $2,650, versus 10 x 500 = $5,000 for these little doo-dads.  And, those 10 units of the combo scryp + BTC will mine 80 Gh/s at the same time (as I understand it, yet to be seen).  At the current rate of about $10/Ghs, that adds another $800 in value.    So I think the apples to apples comparison is $2,650 + $800 versus $5,000.

And then there is the fact that you can (again, according to the original spec yet to be proven; and power requirement TBD) string together dozens of these which would not be possible with graphics cards unless you were to invest in multiple servers (I think the max on crossfire is 4 cards per server).  

Overpriced at list price?  Yes, but I would not call that gross overpricing.  It seems like high end pricing, and I am sure it will come down (especially as price per Gh/s of BTC and price per Kh/s of alt coin mining also drops as it has historically).

this price:usd500 is only for one single cell. its testing purpose.if you buy LA3M, LA6M, totally different cost.

Ok I am a big miner with 70m currently

I want to buy 500 of the 320k units how much and when

PM me

[chanberg]

Ok I am a big miner with 70m currently

I want to buy 500 of the 320k units how much and when

PM me

alright there hot shot!~

[imdabest239]

If you guys new how cheap these things are to produce the most expensive part is research and development my old job i could see pricing cost for every electronic component prices manufacturing cost. I was a quality control of a electronic manufacturer, why would i buy this when i could get a gpu for $150-$200 that can do 300 kh's? endless the price hit $100 or some real hash rates im never buying.

[asiabtc]

If you guys new how cheap these things are to produce the most expensive part is research and development my old job i could see pricing cost for every electronic component prices manufacturing cost. I was a quality control of a electronic manufacturer, why would i buy this when i could get a gpu for $150-$200 that can do 300 kh's? endless the price hit $100 or some real hash rates im never buying.

ok.
one GPUD, usd200 for 300K. 3MHS need 10pcs GPU.its 2000USD. and you need two set of computer:it should should be around usd600. and it needs more power.
by the way, this price is first batch price. in the future, we will adjust it according market.
we can allways be most efficiency.
thanks.

[freddyfarnsworth]

Watching, 2nd scrypt asic to ship I have found. All in this year. I see the new trend as BTC get ridiculous power and $$$ just to roll 1 coin.
Wondering why no one has come up with scrypt only gridseed.

GPU manufacture guys are not happy, about this "gridseed" tech . So why push video cards for anything but games.
Just sell the chips for scrypt processing, without all the videocard crap attached.

Resell...gotta be resale value.
I would never buy any used gpu on Bay, alot of em will, semi melted silicon

But a trend is appearing.

[chup]

ok.
one GPUD, usd200 for 300K. 3MHS need 10pcs GPU.its 2000USD. and you need two set of computer:it should should be around usd600. and it needs more power.

...and I'm getting GPUs with 2 year warranty from the shop around the corner  . And I am able do payment on 12 monthly rates  . And even on 24  . And ROI is about 3-6 months  . And before the first rate comes I already earned more than double for the monthly payment  . And meaning that I will have some spare LTC/BTC to buy at least one ASIC LTC unit  . Just for fun  . And I will buy more when Your prices became competitive (read: halved from now). And till than I'm not worried if LTC developers decide to change the scrypt algo  .

[DimensionsOfHell]

I say grossly over priced because at the end of the day, the GPU's and mobo and all components will have some sort of resale value, at the very least 50% of the original price.

These things will not hold the same type of value.

I have 3 R9 290's that I average at about 2600Kh/s. mobo + psu + all else combined I spent somewhere around $1750.

That comes out to about $0.673 per Kh/s for the GPU's, and they would still hold at least 50% in resale value.

Lets round that up to $0.75 per Kh/s since they also include Bitcoin mining for the Combo Miner. Lets be realistic, at current difficulty that would only earn 0.018 coins a day and they aren't even shipping yet. Who knows where the difficulty will be when they actually ship. I doubt it'll make much of an impact for bitcoin mining.

Depending on when they actually hit the market, the only price I would be comfortable paying would be $0.75-$0.65 per Kh/s.

If they were selling them today for $0.75 per KH/s, I would happily buy the 6Mh/s worth.

[Eastwind]

If it hits the market next month, I am happy to pay $0.3/kH/s if I want to have the ROI in one year and have the same ROI as GPU as GPU has resell value. That is because difficulty will sky rocket.

[mazedk]

Please link the reivews when your testers have put them up.

[Beastlymac]

I received my unit a couple of hours ago. Here are some pictures and video.

http://www.youtube.com/watch?v=hkrFASloaOU



More coming soon...

[tokyoghetto]

that unit is sexxxyyy. I can't wait to get my hands on the 6mhash unit.

[Beastlymac]

that unit is sexxxyyy. I can't wait to get my hands on the 6mhash unit.

That is just 20 of the same unit above.

[nytrolic]

Have you got it hashing yet Beastly?

[SheepOnDrugs]

Looks really nice.
Really interested in the results.

[Beastlymac]

Have you got it hashing yet Beastly?

Yes. I am not sure why it displays as 0.0kh/s. It is reporting currently 250kh/s on the pool and gradually moving up. I will report back in a few hours with a stable amount.

Edit: Stable at 300khs