Closed

[cryptomining]

300K scrypt+10GHS sha256 combo , 60Watts.


Lil BiT 3Mhs+100GHS 2.7 btc  600 watts can run just btc or ltc or both 80 watts for sha-256 520 watts scrypt  - controller 10 pcs
Big BiT 6Mhs+200GHS 5 btc    1200 watts  160w ltc, btc only 1040W. 20pcs and controller
volume discounts available, ship from china by weekend.

[1713494153]

1713494153

[blindprophet]

looks Pretty sweet.  any details?

[Gazza1]

Where is the chip?  How much?

[cryptomining]

Lil BiT 3Mhs+100GHS 2.7 btc  600 watts can run just btc or ltc or both 80 watts for sha-256 520 watts scrypt
Big BiT 6Mhs+200GHS 5 btc    1200 watts  160w ltc, btc only 1040W.
volume discounts available will ship from china by weekend.

[scranagar]

All I see are some coolers with photoshoped LEDs

[cryptomining]

All I see are some coolers with photoshoped LEDs

units should ship by weekend, leds and all. will be posting stateside pics soon.

[TheWoodser]

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[rammy2k2]

u accept escrow ?

[cryptomining]

u accept escrow ?

yes, let me get the first shipment underway, hopefully by friday and will start accepting escrow.

[rammy2k2]

u accept escrow ?

yes, let me get the first shipment underway, hopefully by friday and will start accepting escrow.

ok, ill watch this topic.
do u have any prices ?

[cryptomining]

I'm not gonna sell something that doesn't exists or exists 6 months from now, order is coming from china by weekend will keep every one posted on status, more details on chip is coming form manufacture, will update shortly.  

[cryptomining]

u accept escrow ?

yes, let me get the first shipment underway, hopefully by friday and will start accepting escrow.

ok, ill watch this topic.
do u have any prices ?

in the first post i updated 10 pcs + controller = 2.7 btc 3MHS+100000GHS 600 watts
                                     20 pcs + controller = 5 btc 6MHS+200000 1200 watts

price will come down with some volume.

[SantaMuerte]

u accept escrow ?

yes, let me get the first shipment underway, hopefully by friday and will start accepting escrow.

ok, ill watch this topic.
do u have any prices ?

in the first post i updated 10 pcs + controller = 2.7 btc 3MHS+100000GHS 600 watts
                                     20 pcs + controller = 5 btc 6MHS+200000 1200 watts

price will come down with some volume.

Fiat possible?

[cryptomining]

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purpose, such as the transmission of unsolicited advertising and
solicitations of any kind, including spam. You further agree
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this is not the company, a close partner to company.

[cryptomining]

u accept escrow ?

yes, let me get the first shipment underway, hopefully by friday and will start accepting escrow.

ok, ill watch this topic.
do u have any prices ?

in the first post i updated 10 pcs + controller = 2.7 btc 3MHS+100000GHS 600 watts
                                     20 pcs + controller = 5 btc 6MHS+200000 1200 watts

price will come down with some volume.

Fiat possible?

I'll gladly accept cash,bankwires, checks, paypal, visa-mastercard , btc is offered for the community

[Wipeout2097]

Since you accept escrow and this is not preorder garbage, I'm genuinely interested! No promises whatsoever, though. If I decide to move, I'll post again or send pm

I intend to mine scrypt alts while it's profitable and later on move to help secure Bitcoin network, even at operational loss until the units malfunction.

[cryptomining]

pm if your interested , putting together second order. trying to guage interest.

[AngusCanine]

sorry I'm confused by your numbers.. What is the total hashing power of the big bit

[SantaMuerte]

sorry I'm confused by your numbers.. What is the total hashing power of the big bit

Each unit is 10Ghs SHA-256 and 300K scrypt. Pulls 60w.
Lil Bit is 10 units and a controller board @ 2.7BTC
Big Bit is 20 units and a controller board @ 5BTC

20x10=200

So, Big Bit is total 6Mhs of scrypt and 200Ghs of SHA-256

[DebitMe]

I have a lot of trust and have been here for a while. I would be happy to receive a lil' unit, test it, give a review, then pay full price for it.

[nairb131]

I would be interested in one of these if you will take escrow

[elchorizo]

I would be interested in one of these if you will take escrow

Same here. Very interested, trust is of course the hard part

[lyth0s]

I see nothing more than a fan and a heatsink

[tokyoghetto]

how many units are available. It would suck to find out that these things get sold out in a few hours. I am interested in the Big BiT. 1 to start so the pain doesn't hurt as much if this turns out to be a scam.

[BuildTheFuture]

I've been hearing in the Chinese forum for these (http://www.cybtc.com/forum-83-1.html) that they seem to be unstable and won't work in dual-mining mode. Is this correct?

[Gamer67]

Pictures of working units hashing might help the cause a bit. Video even better.

Right now all I see are a few heat sinks with fans and leds.

[SantaMuerte]

Check the Chinese forums, they´re awesome 

[cryptomining]

I've been hearing in the Chinese forum for these (http://www.cybtc.com/forum-83-1.html) that they seem to be unstable and won't work in dual-mining mode. Is this correct?

According to the manufacture either scrypt or asic works great, just need a restart occasionally in dual mode, it sometimes hangs. 

[cryptomining]

scrypt asic is a fairly tale until proven otherwise, keep buying gpus.

 

use your head.

  its not what you think. been following the bull and maybe have found the real deal.

[mrthru]

As you see on the third photo from first post - it's just a cooler testing table from one of the small chinese manufacturers It's joke, mates.

[Gamer67]

u accept escrow ?

yes, let me get the first shipment underway, hopefully by friday and will start accepting escrow.

Ready to purchase as long as we can use escrow.

[WinterParker]

I would like 2 sets please.  Paying in BTC

[drukoz]

how much is it per device i would love to but 2-10 of these please pm me or set up a group buy

[pikuchato]

u accept escrow ?

yes, let me get the first shipment underway, hopefully by friday and will start accepting escrow.

Ready to purchase as long as we can use escrow.

Does escrow will includes time for checking if the device really works as promised?

If yes I will buy 40 pcs

[hakeriukasx]

I wish take this one for checking

[sprite1308]

This may be a stupid question, but can these be split up? I might be interested in 2-3 individual units. I can't afford 2.7 btc  but these look very interesting and unique. I can pay by paypal if you offer that.

[rammy2k2]

u have PM

[firejuan]

sent a PM

[bclcjunkie]

could you post a video of the units hashing a scrypt coin?

[firejuan]

They have a hardware work around for the dual mode problems and reboots.

http://www.cybtc.com/thread-5163-1-1.html

When will you start taking orders?

I've been hearing in the Chinese forum for these (http://www.cybtc.com/forum-83-1.html) that they seem to be unstable and won't work in dual-mining mode. Is this correct?

According to the manufacture either scrypt or asic works great, just need a restart occasionally in dual mode, it sometimes hangs.

[cryptomining]

They have a hardware work around for the dual mode problems and reboots.

http://www.cybtc.com/thread-5163-1-1.html

When will you start taking orders?

I've been hearing in the Chinese forum for these (http://www.cybtc.com/forum-83-1.html) that they seem to be unstable and won't work in dual-mining mode. Is this correct?

According to the manufacture either scrypt or asic works great, just need a restart occasionally in dual mode, it sometimes hangs.

thanks for posting that, info from manufacture said they where working on the locking up problem, cool.  will start taking orders as soon as product starts arriving.  No preorders, batch one is supposed to ship by this weekend from china.  will keep the thread updated.

[krisj]

Not good for scrypt mining.

I have a rig with a 7990 and two R9 280X. less than $1900 for Gpus, but I get 3MH at 800W. the graphics card are more reliable and under warranty. I can sell them and recover a good part of the capital at any time.

butterflylabs products are cheaper and more reliable for BTC mining.

[Don007]

Is there also a way to buy a few (like 2 or 3)? And how can you control these miners, as you don't get a controller with it then.

[Xer0]

Paypal? ok, i take one

[SantaMuerte]

Is there also a way to buy a few (like 2 or 3)? And how can you control these miners, as you don't get a controller with it then.

They´re controlled over USB, so (i think) you can hook the hubs up to a Raspberry Pi for example.

[rezilient]

I don't understand why anyone would be interested in 10 GH/s BTC mining and only 300KH/s LTC mining.  Even with the "big" 20x order you might as well get a Antminer and GPU's for less money and more reliability.

Now if they have a properly designed and cooled PCB with 20+ Scypt ASICs for a reasonable price, we're in business..

[elchorizo]

I don't understand why anyone would be interested in 10 GH/s BTC mining and only 300KH/s LTC mining.  Even with the "big" 20x order you might as well get a Antminer and GPU's for less money and more reliability.

Now if they have a properly designed and cooled PCB with 20+ Scypt ASICs for a reasonable price, we're in business..

I'm mainly interested in it for the scrypt... not the sha. It is NOT easy to cool 3MH/s of Litecoin mining... not in your house. These are more power efficient then even GPU's so if you are strapped for space, power and cooling then they are a good option.

[rammy2k2]

whats the price for 3 MH ?

[elchorizo]

whats the price for 3 MH ?

Lil BiT 3Mhs+100GHS 2.7 btc

[SantaMuerte]

I don't understand why anyone would be interested in 10 GH/s BTC mining and only 300KH/s LTC mining.  Even with the "big" 20x order you might as well get a Antminer and GPU's for less money and more reliability.

Now if they have a properly designed and cooled PCB with 20+ Scypt ASICs for a reasonable price, we're in business..

These are not developed to have the big players as customer base.
It´s for newbie miners etc.

[krisj]

I don't understand why anyone would be interested in 10 GH/s BTC mining and only 300KH/s LTC mining.  Even with the "big" 20x order you might as well get a Antminer and GPU's for less money and more reliability.

Now if they have a properly designed and cooled PCB with 20+ Scypt ASICs for a reasonable price, we're in business..

I'm mainly interested in it for the scrypt... not the sha. It is NOT easy to cool 3MH/s of Litecoin mining... not in your house. These are more power efficient then even GPU's so if you are strapped for space, power and cooling then they are a good option.

their power consumption is little better than four R9 280x gpus, but no resale value when the mining boom ended.

[darkjed]

I don't understand why anyone would be interested in 10 GH/s BTC mining and only 300KH/s LTC mining.  Even with the "big" 20x order you might as well get a Antminer and GPU's for less money and more reliability.

Now if they have a properly designed and cooled PCB with 20+ Scypt ASICs for a reasonable price, we're in business..

I'm mainly interested in it for the scrypt... not the sha. It is NOT easy to cool 3MH/s of Litecoin mining... not in your house. These are more power efficient then even GPU's so if you are strapped for space, power and cooling then they are a good option.

Ditto, I will probably never use the SHA core's. The scrypt asic fascinates me though. And who can say no to "5 dollars" worth of asics to give you hours of entertainment!

[r00tdude]

I don't understand why anyone would be interested in 10 GH/s BTC mining and only 300KH/s LTC mining.  Even with the "big" 20x order you might as well get a Antminer and GPU's for less money and more reliability.

Now if they have a properly designed and cooled PCB with 20+ Scypt ASICs for a reasonable price, we're in business..

These are not developed to have the big players as customer base.
It´s for newbie miners etc.

Yeah - only a matter of time until there's a dual-mining AntMiner-type device so you don't have 20 little fans bouncing around a table with cables everywhere. Once again, if you pay a fortune for power, or have serious cooling issues in your mine, this is a viable option that is nearly the same $/MH/GH as other options - noting monumental though. I'd still like a little rig of them to play with though.

RootDude

[elchorizo]

their power consumption is little better than four R9 280x gpus, but no resale value when the mining boom ended.

I've been wondering about this.... I mean, I assume we are all in this for the long run because we believe that cryptocoins have a future. If we are wrong and the coins go to zero... then yes, ASIC's and such will drop in value to 0.

But let me ask you... given that we know there are probably hundreds of thousands of GPU's out there dedicated to just mining. If the value goes to zero and mining has no value... what will happen to those cards?

People will dump them and they will flood the market... and granted the market for GPU's is much bigger but still relatively small. Your R9 290x will be going for 1/5th of what it is worth because EVERYONE will be dumping them.

[Damnsammit]

I need to take a Chinese class...

[Gamer67]

their power consumption is little better than four R9 280x gpus, but no resale value when the mining boom ended.

I've been wondering about this.... I mean, I assume we are all in this for the long run because we believe that cryptocoins have a future. If we are wrong and the coins go to zero... then yes, ASIC's and such will drop in value to 0.

But let me ask you... given that we know there are probably hundreds of thousands of GPU's out there dedicated to just mining. If the value goes to zero and mining has no value... what will happen to those cards?

People will dump them and they will flood the market... and granted the market for GPU's is much bigger but still relatively small. Your R9 290x will be going for 1/5th of what it is worth because EVERYONE will be dumping them.

1/5th is better than no 1/5th. Personally I think they would be worth more than that.

[melmo]

their power consumption is little better than four R9 280x gpus, but no resale value when the mining boom ended.

I've been wondering about this.... I mean, I assume we are all in this for the long run because we believe that cryptocoins have a future. If we are wrong and the coins go to zero... then yes, ASIC's and such will drop in value to 0.

But let me ask you... given that we know there are probably hundreds of thousands of GPU's out there dedicated to just mining. If the value goes to zero and mining has no value... what will happen to those cards?

People will dump them and they will flood the market... and granted the market for GPU's is much bigger but still relatively small. Your R9 290x will be going for 1/5th of what it is worth because EVERYONE will be dumping them.

1/5th is better than no 1/5th. Personally I think they would be worth more than that.

We already saw this happen to 7970s once ASICs took over Bitcoin mining.  The lowest I saw for used 7970s was about $250, so for a $450 card, it wasn't that bad, definitely not 1/5th.

[krisj]

their power consumption is little better than four R9 280x gpus, but no resale value when the mining boom ended.

I've been wondering about this.... I mean, I assume we are all in this for the long run because we believe that cryptocoins have a future. If we are wrong and the coins go to zero... then yes, ASIC's and such will drop in value to 0.

But let me ask you... given that we know there are probably hundreds of thousands of GPU's out there dedicated to just mining. If the value goes to zero and mining has no value... what will happen to those cards?

People will dump them and they will flood the market... and granted the market for GPU's is much bigger but still relatively small. Your R9 290x will be going for 1/5th of what it is worth because EVERYONE will be dumping them.

1/5th is better than no 1/5th. Personally I think they would be worth more than that.

lil 3MH ASIC costs $2700, you can buy 4 R9 280x for $1600 and get same 3MH @ 800W.

There are more gpus in the market than those dedicated mining gpus and a gpu always has a value with or without a mining boom. mining will not end suddenly, either coin values will gradually decrease or difficulty will gradually increase throwing 3MH rigs out of mining. there won't be a considerable difference in 2nd hand market.

this asic is not good for btc either. 50GH btc miner costs only $900 @ butterfly labs

[cryptomining]

UPDATE

Manufacture came through, we have inbound product. Manufacture said by weekend, and got it out today.   Looking forward to posting vids, pics, and mining scrypt with 8 watts.

[sprite1308]

Can you split these up? I wouldn't mind  buying a few, but 2.7 bitcoin is a little steep for me.

[cryptomining]

Can you split these up? I wouldn't mind  buying a few, but 2.7 bitcoin is a little steep for me.

yes, you can just run one or multiples.

[BuildTheFuture]

If you're just running 1, can it be run via a USB connection to a Windows PC? Or does it still need that little controller board I've seen in some photos? And how do you supply more power if you want to use the dual mining mode?

[cozk]

Link to buy ?

[redmonski]

u have PM

Hi send a pm too! I'd like to buy maybe 4 of these. 

[varunsin]

UPDATE

Manufacture came through, we have inbound product. Manufacture said by weekend, and got it out today.   Looking forward to posting vids, pics, and mining scrypt with 8 watts.

INTERESTED, please could you do videos/pics of:
1. Mining only Scrypt coins to see the full SCRYPT capacity.
2. Mining only SHA-256 coins to see the full SHA-256 capacity.
3. Mining both (SCRYPT & SHA-256) to see how balanced they are.

[User705]

How's warranty handled?

[hakeriukasx]

Asics destroys my dreams  

[Hechay]

I'm interested. Payment via PayPal is good.

PM me your PayPal address that I can the first customer

[rammy2k2]

Lets see those vids, i have BTC rdy

[Don007]

I would love to see vids too .  I'm still wondering whether it's possible to buy these devices in amounts less than 10.  Please reply .

[pmq]

From where are you (re)shipping? US/EU/CN/..

Edit: Re-read the OP, from China.

[stasieks]

I'm interested. Payment via PayPal.

[Kapz786]

Interested buy this is a wait and see scenario

[gbeirn]

Yes I am interested in buying some as well. Please PM the paypal address and pricing. Thanks!

[Damnsammit]

I have a lot of trust and have been here for a while. I would be happy to receive a lil' unit, test it, give a review, then pay full price for it.

That would be a great idea.

I'll take one, too

[gbeirn]

Can you split these up? I wouldn't mind  buying a few, but 2.7 bitcoin is a little steep for me.

I could buy the others from you. I want the Lil Bit order and maybe a few more but I can't afford the whole Big Bit right now.

[dynamike23]

Sent you pm, interested in the Big BiT. Paypal or Visa/Mastercard

[Drgreen451]

I think ts funny people are just reading the first post and the last post and then continuing to post that they want to buy one when its been said no pre-order's. Plus they aren't in stock yet... so no ordering till its in stock so please stop saying OH ILL BUY ONE SEND ME THE INFO!

[Gamer67]

I think ts funny people are just reading the first post and the last post and then continuing to post that they want to buy one when its been said no pre-order's. Plus they aren't in stock yet... so no ordering till its in stock so please stop saying OH ILL BUY ONE SEND ME THE INFO!

300K scrypt+10GHS sha256 combo , 60Watts.


Lil BiT 3Mhs+100GHS 2.7 btc  600 watts can run just btc or ltc or both 80 watts for sha-256 520 watts scrypt  - controller 10 pcs
Big BiT 6Mhs+200GHS 5 btc    1200 watts  160w ltc, btc only 1040W. 20pcs and controller
volume discounts available, ship from china by weekend.

Maybe you did not read the first post fully while you were laughing.

I think that would be the reason people are expressing an interest. I don't see pre-ordered anywhere in the first post there buddy.

Get off your high horse bro.

[cryptomining]

UPDATE

[/b]

Thanks guys for the questions, showing interest, and watching the thread, and will update soon. Have some stuff inbound and am excited to share vids and pics.

[AlexeyK]

UPDATE

[/b]

Thanks guys for the questions, showing interest, and watching the thread, and will update soon. Have some stuff inbound and am excited to share vids and pics.

ETA for videos ?

thanks

[falsealarm_bf]

UPDATE

[/b]

Thanks guys for the questions, showing interest, and watching the thread, and will update soon. Have some stuff inbound and am excited to share vids and pics.

Interested in a PayPal purchase. Definitely interested in seeing any videos you can produce with these running in production mode with scrypt.

[subseaguru]

are you buying these in bulk or just as people order them? i dont remember seeing that in the previous reply's. im also curious to see better pics of these little guys.

[tealover]

GPU's are more profittable and cheaper. Fact. These aren't worth it unless your electric rate is something like 50 cents per kwh.

[Damnsammit]

GPU's are currently more profittable and cheaper. Fact. These aren't worth it yet unless your electric rate is something like 50 cents per kwh.

FIFY

If these are real, then GPU miners will need a new algorithm to hash by the end of this year.

[rammy2k2]

GPU's are currently more profittable and cheaper. Fact. These aren't worth it yet unless your electric rate is something like 50 cents per kwh.

FIFY

If these are real, then GPU miners will need a new algorithm to hash by the end of this year.

there will be a new algo soon, SHA3-256

[cryptomining]

UPDATE

[/b]

Thanks guys for the questions, showing interest, and watching the thread, and will update soon. Have some stuff inbound and am excited to share vids and pics.

ETA for videos ?

thanks

Supplier shipped yesterday from China, at the moment unknown.

[ASIC-K]

looks like an empty heatsink. lol

[TheWoodser]

looks like an empty heatsink. lol

Agreed!

[Xeon]

UPDATE

[/b]

Thanks guys for the questions, showing interest, and watching the thread, and will update soon. Have some stuff inbound and am excited to share vids and pics.

ETA for videos ?

thanks

Supplier shipped yesterday from China, at the moment unknown.

That is good news! hopefully can get bulk of miners from you soon.

[atavacron]

looks like an empty heatsink. lol

Agreed!

I thought so too but then I found the site below (scroll far down to see photos).

http://mall.diginforce.com/goods.php?id=39

I still don't know what to make of it.  I have not seen any photos/videos showing that the thing actually mines.

I'm hoping that it is the real deal.  But why bury it inside of a heat sink?

[crazyates]

GPU's are currently more profittable and cheaper. Fact. These aren't worth it yet unless your electric rate is something like 50 cents per kwh.

FIFY

If these are real, then GPU miners will need a new algorithm to hash by the end of this year.

Pfft. GPUs will have long paid themselves back by the end of the year. Hell, if it takes me 4 months to earn back our investments I would be shocked. And then after that, I can sell everything for 80% what I paid for it. You can't do that with this ASIC.

[ASIC-K]

looks like an empty heatsink. lol

Agreed!

I thought so too but then I found the site below (scroll far down to see photos).

http://mall.diginforce.com/goods.php?id=39

I still don't know what to make of it.  I have not seen any photos/videos showing that the thing actually mines.

I'm hoping that it is the real deal.  But why bury it inside of a heat sink?

hmm looks pretty legit, gonna wait this out and see i guess

[firejuan]

These scrypt guys are serious about protecting their GPUs.

Some people seem to forget this chip has nominal SHA capabilities which will not break the bank but will be a nice addition. It also makes the price a little better when you consider 80 Gh/s or 160 Gh/s plus 3 Mh/s and 6 Mh/s scrypt, respectively.

[Operatr]

I think I will be waiting for dense Gridseed based hardware, but nice to see them in the wild at least.

For those defending GPUs as more profitable:

GPU:

Energy hungry
Hot
Hard to scale at a point without industrial cooling and power
Less up-front cost, but long term pain due to the above

ASIC

Energy efficient
Much less heat
Easier to scale (Simple USB hosts compared to also needing an entire PC to run multiple GPUs)
More up front cost, but savings in the long term due to the vastly increased efficiency.

Pluses and minuses as with all things. Anyone spouting off about how GPUs are so much superior are not considering all points.

[firejuan]

The manufacturer has plans to release more efficient devices mid to late February.

http://www.cybtc.com/thread-5203-1-1.html

[HellDiverUK]

So...a fabled LTC/BTC mining device sent from China 'at the weekend'? 

- A device that no-one has heard of before, and is probably impossible because ASICs don't work that way. 
- A device that can't have any power circuitry in that tiny package, especially anything that uses 600W. 
- A device in a tiny package that needs to dissipate 600W of heat.  The heat sink of an Avalon Blade has to dissipate 600W and it's 6" high and 18" long at least. 
- China is basically closed down for holidays from today, so there'll be nothing shipping 'at the weekend'.  

Terrible scam, photoshop pics and didn't even do any research.

FAIL.

[Raw-H]

Site down now because of Chinese New Year.

[Chancellor]

- A device in a tiny package that needs to dissipate 600W of heat.  The heat sink of an Avalon Blade has to dissipate 600W and it's 6" high and 18" long at least.

It has been written that one device dissipates 60 W, a set of 10 devices dissipates 600 W. Looking at pictures it seems to be possible.

[rammy2k2]

So...a fabled LTC/BTC mining device sent from China 'at the weekend'? 

- A device that no-one has heard of before, and is probably impossible because ASICs don't work that way. 
- A device that can't have any power circuitry in that tiny package, especially anything that uses 600W. 
- A device in a tiny package that needs to dissipate 600W of heat.  The heat sink of an Avalon Blade has to dissipate 600W and it's 6" high and 18" long at least. 
- China is basically closed down for holidays from today, so there'll be nothing shipping 'at the weekend'.  

Terrible scam, photoshop pics and didn't even do any research.

FAIL.

a device that no one heard before ? dude .. before posting crap, try to do a lookup, they are very popular in china, and yes, they are real

[subseaguru]

i just went through www.cybtc.com/thread-5203-1-1.html (use google page translator) as was referenced earlier and lots of info about it. it seems the Chinese are working and improving it. they sold some for 400 yuan ($66) and they are testing them and making recommendations for improvement.

[miaviator]

- A device in a tiny package that needs to dissipate 600W of heat.  The heat sink of an Avalon Blade has to dissipate 600W and it's 6" high and 18" long at least.

It has been written that one device dissipates 60 W, a set of 10 devices dissipates 600 W. Looking at pictures it seems to be possible.

It should also be pointed out the heatsinks in the picture have a lot better surface area and direct airflow than the absolute garbage avalon blades come with.

[incognitoworker]

very interesting!
Want minimum 1 big one!

 

[rezilient]

Does anyone know why they'd be able to release a BTC+LTC asic a lot easier than an exclusive LTC asic? There is a huge arms race right now in the LTC world for the first ASIC so I don't understand why these guys wouldn't go "all in" on a LTC asic.  They would be the first, and reap huge rewards for that.

[elchorizo]

Does anyone know why they'd be able to release a BTC+LTC asic a lot easier than an exclusive LTC asic? There is a huge arms race right now in the LTC world for the first ASIC so I don't understand why these guys wouldn't go "all in" on a LTC asic.  They would be the first, and reap huge rewards for that.

Good question, not sure why they would do this either... my guess is they are hedging their bets. Remember, when they started making this chip doing anything "scrypt" was a big risk compared to doing something for Bitcoin. Bitcoin is established, and while we all here (most likely) believe in Litecoin, etc.. its one thing to believe in it like that and another to design a chip for it which is a huge investment.

Things have calmed down now and I think scrypt has proven there is demand for it but we will see if a company does a chip for it.

Think about it, the scrypt portion is pretty slow... almost an afterthought really. I guess they figured, if we can throw it in there, why not.

[stacksmasher]

Its legit. The jig is up for those of us with huge mining rig farms. Be careful, the chip manufacturer said there are 3 or 4 scammers who got samples and are taking orders for thousands but they only have a few samples in the wild.



quote author=rammy2k2 link=topic=424987.msg4682910#msg4682910 date=1390474578]

So...a fabled LTC/BTC mining device sent from China 'at the weekend'? 

- A device that no-one has heard of before, and is probably impossible because ASICs don't work that way. 
- A device that can't have any power circuitry in that tiny package, especially anything that uses 600W. 
- A device in a tiny package that needs to dissipate 600W of heat.  The heat sink of an Avalon Blade has to dissipate 600W and it's 6" high and 18" long at least. 
- China is basically closed down for holidays from today, so there'll be nothing shipping 'at the weekend'.  

Terrible scam, photoshop pics and didn't even do any research.

FAIL.

a device that no one heard before ? dude .. before posting crap, try to do a lookup, they are very popular in china, and yes, they are real
[/quote]

[Wipeout2097]

Does anyone know why they'd be able to release a BTC+LTC asic a lot easier than an exclusive LTC asic? There is a huge arms race right now in the LTC world for the first ASIC so I don't understand why these guys wouldn't go "all in" on a LTC asic.  They would be the first, and reap huge rewards for that.

Because scrypt requires SHA2 circuitry anyway. SHA2 related transistors would be in the chip, idling 90% of the time. Why not use that part of the chip to mine BTC during those idle cycles?

What they can fine tune is how many SHA2 units they choose to put in a chip, to control die area and costs. That has to do with it's size vs the rest of the required logic. If they are small, why not?

[Cheshyr]

Does anyone know why they'd be able to release a BTC+LTC asic a lot easier than an exclusive LTC asic? There is a huge arms race right now in the LTC world for the first ASIC so I don't understand why these guys wouldn't go "all in" on a LTC asic.  They would be the first, and reap huge rewards for that.

Because scrypt requires SHA2 circuitry anyway. SHA2 related transistors would be in the chip, idling 90% of the time. Why not use that part of the chip to mine BTC during those idle cycles?

What they can fine tune is how many SHA2 units they choose to put in a chip, to control die area and costs. That has to do with it's size vs the rest of the required logic. If they are small, why not?

+1

Glad someone around here is knowledgeable.

Last I heard, there were 40 batches of 10 being passed out, along with anything developed from the chips and reference designs made available at a trade show in early December.  Plenty of time for a few variants to pop up, especially with the throughput and work ethic in China.

[kramble]

Does anyone know why they'd be able to release a BTC+LTC asic a lot easier than an exclusive LTC asic? There is a huge arms race right now in the LTC world for the first ASIC so I don't understand why these guys wouldn't go "all in" on a LTC asic.  They would be the first, and reap huge rewards for that.

Because scrypt requires SHA2 circuitry anyway. SHA2 related transistors would be in the chip, idling 90% of the time. Why not use that part of the chip to mine BTC during those idle cycles?

What they can fine tune is how many SHA2 units they choose to put in a chip, to control die area and costs. That has to do with it's size vs the rest of the required logic. If they are small, why not?

I'm doubtful that any of the SHA256-dual hashers are shared between the BTC and LTC cores. The spec shows 160 BTC units and 4 LTC units. Each of the LTC units will contain perhaps one or two SHA256-single non-midstate hashers and these need not be fully unrolled pipelines either as the time required to compute the PBKDF2 hash is very short compared to the salsa hash. It would be just too much trouble to share the SHA256 hashers between the BTC and LTC cores (time is money in ASIC design, it would not be cost effective to do it this way).

I agree that the LTC cores are prototypes. My guess is that GridSeed had a foundry slot available for the BTC ASIC, so decided to add a prototype LTC hash design to the die. This would have been quite expensive in area as the embedded RAM would take up significant space, but its a sensible decision as it gives them a huge advantage in being first to market. I'll be interested to see what their next-generation pure LTC ASIC will do (I think we can assume one is in the pipeline).

[oddwh]

Tell me if I'm right, is it 50 watts per unit ?

because 500 watts seems too much for just one cooling system shown here

[Gamer67]

Tell me if I'm right, is it 50 watts per unit ?

because 500 watts seems too much for just one cooling system shown here

I believe it is 60w per

[studio1one]

4-5W per chip, 5 chips per unit.

[cryptomining]

UPDATE

[/b]

UPDATE

[/b]

No new stock till after the Chinese New Year, hopefully samples will be delivered soon.  This tech is going be a game changer.  Stay Tuned for vids, pics, break down of units.

[firejuan]

So you already sold out? Or you only got a few pieces?

[Don007]

Please post vids and pics soon .  And tell us more about the product; are we able to buy 1/2 or 3 instead of 10? And, how to controll it if you don't buy 10 and receive a controller with it?

I think such Scrypt miner is great to connect it on my desktop so I will mine more than with just 600 KB/s with my 7950 .

[cryptomining]

Please post vids and pics soon .  And tell us more about the product; are we able to buy 1/2 or 3 instead of 10? And, how to controll it if you don't buy 10 and receive a controller with it?

Looking forward to tearing into this new tech myself. When these guys get back up after Chinese New Year and the stock starts to flow, we should singles and startup kits are my goal.

So you already sold out? Or you only got a few pieces?

None available to after Chinese New Year.

[subseaguru]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

[firejuan]

I am really beginning to question the availability of these units.  There were only a few hundred beta units released.  I believe there were only 400 beta units initially released.  Mr. Jack Liao (aka asiabtc) is selling these units on the forum as well and is now listing them on alibaba.  He states that he can provide 1000 pieces per month.  I don't see how this is possible when the company that manufactures this miner Gridchip has publicly stated other than Diginforce it has no other authorized retailers.

I will be ecstatic if cryptomining got his hands on some and is able to share the wealth with some of the forum members, but I will definitely be waiting for proof in the form of dated pics with forum handle and videos of a hashing miner.

[cryptomining]

I will be ecstatic if cryptomining got his hands on some and is able to share the wealth with some of the forum members, but I will definitely be waiting for proof in the form of dated pics with forum handle and videos of a hashing miner.

You and me both.  

I don't see how this is possible when the company that manufactures this miner Gridchip has publicly stated other than Diginforce it has no other authorized retailers.

Someone with the raw chips has been in contact, others must have some access.

[Chronikka]

I am really beginning to question the availability of these units.  There were only a few hundred beta units released.  I believe there were only 400 beta units initially released.  Mr. Jack Liao (aka asiabtc) is selling these units on the forum as well and is now listing them on alibaba.  He states that he can provide 1000 pieces per month.  I don't see how this is possible when the company that manufactures this miner Gridchip has publicly stated other than Diginforce it has no other authorized retailers.

I will be ecstatic if cryptomining got his hands on some and is able to share the wealth with some of the forum members, but I will definitely be waiting for proof in the form of dated pics with forum handle and videos of a hashing miner.

As I understand it, sample units were passed out at the end of November or early December. Its possible for knock off units to have been produced by now. All they need is the GridSeed chip:  https://bitcointalk.org/index.php?topic=355268.0

[Don007]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

According to that URL 1 of these devices only takes 8 watt while mining Scrypt (with 300 kh/s).  I would love to have 3 of these devices .

Please keep us updated!

[subseaguru]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

According to that URL 1 of these devices only takes 8 watt while mining Scrypt (with 300 kh/s).  I would love to have 3 of these devices .

Please keep us updated!

this is Crytomining's thread. I didn't mean to hijack it 
it seems as though there are 2 versions out. I would certainly be interested to get my paws on one or more.

[Damnsammit]

I wouldn't trust the Alibaba sellers.  Both are unverified, and one of them refused to talk to me on Alibaba and requested I email his personal email at xiangliao@gmail.com

[Cheshyr]

I wouldn't trust the Alibaba sellers.  Both are unverified, and one of them refused to talk to me on Alibaba and requested I email his personal email at xiangliao@gmail.com

Xiang Liao, aka Jack Liao, has been pretty on the level so far.

[Sitarow]

UPDATE

Manufacture came through, we have inbound product. Manufacture said by weekend, and got it out today.   Looking forward to posting vids, pics, and mining scrypt with 8 watts.

INTERESTED, please could you do videos/pics of:
1. Mining only Scrypt coins to see the full SCRYPT capacity.
2. Mining only SHA-256 coins to see the full SHA-256 capacity.
3. Mining both (SCRYPT & SHA-256) to see how balanced they are.

+1 Yes yes yes

[Sampey]

Can i be the escrow of myself?? I have very  high Trust

[mrjk24114]

cryptomining, I am interested and PMed.

[chirale]

Interested!
What is the controller? anyone running these units on linux or Raspberry PI?
tnx

[AvalonMiner]

Sad to say this looks pretty fake. All I see are CPU coolers with photoshopped LEDs. This is why I could mine, so much safer :3

[chanberg]

soo where can i buy them?

[rammy2k2]

Sad to say this looks pretty fake. All I see are CPU coolers with photoshopped LEDs. This is why I could mine, so much safer :3

go back to your cave noob ...

[bitmutiny]

Interested

[Danglebee]

how much it cost to build 3mh/s rig ?
100gh/s at 2.7 price not worth we talk about

but very good idea combine 2 miner. wish you good luck!

[sang]

I am in for at least the 10 unit package if you can accept escrow.

Please PM once units are in hand. Will pay with BTC.

[WinterParker]

I want to order the 20 unit set = LA6M  --->   Please reserve one for me, i definitely want it!

[studio1one]

CAUTION.

I have been talking to Gridseed about these and they have made an official statement that there are as yet no official distributors. We have put in an application to be a UK distributor

You can read a list of distributors when available on the DigInForce Forum

It's Chinese but Chrome will translate for you

http://bbs.diginforce.com/forum.php?mod=viewthread&tid=17&extra=page%3D1

Here is their quote

 1, before Gridseed official announcement on the official website of the official sales of the product release, all current online (including Taobao) declared that "pre-sale", "notice", "spot" of institutions and individuals are fake.

send any money out at your own risk

[ssateneth]

All I see are some coolers with photoshoped LEDs

pretty much what I see. looks scammy.

[Cheshyr]

All I see are some coolers with photoshoped LEDs

pretty much what I see. looks scammy.

Demo units have shipped out to gmaxwell, Beastlymac, and bobsag3.  They'll review them, and then we can make an informed decision.  

[krisj]

I think I will be waiting for dense Gridseed based hardware, but nice to see them in the wild at least.

For those defending GPUs as more profitable:

GPU:

Energy hungry
Hot
Hard to scale at a point without industrial cooling and power
Less up-front cost, but long term pain due to the above

ASIC

Energy efficient
Much less heat
Easier to scale (Simple USB hosts compared to also needing an entire PC to run multiple GPUs)
More up front cost, but savings in the long term due to the vastly increased efficiency.

Pluses and minuses as with all things. Anyone spouting off about how GPUs are so much superior are not considering all points.

I am looking forward for better Scrypt ASICs. But this ASIC will not replace GPUs.

your comparison is wrong. look at the first post of this thread. this ASIC is just a little bit energy efficient and generate just a little bit less heat than gpus. But the asic is two times expensive than gpus.
and remember, gpus have a second hand market.

i'll be waiting for a better asic with less power and more mh.

[gmaxwell]

your comparison is wrong. look at the first post of this thread. this ASIC is just a little bit energy efficient and generate just a little bit less heat than gpus. But the asic is two times expensive than gpus.
and remember, gpus have a second hand market.

The energy efficiency advantage isn't small— it's similar to the improvement early Bitcoin asics achieved over GPUs— and don't forget the secondary costs (PSUs, motherboards and slots, etc.) that these miners will reduce.  The price is a product of the manufacturers pricing of an exclusive bleeding edge part— these are not chips which costs more to produce than GPUs by any means— even absent competition you can expect the pricing to eventually achieve whatever amount allows them to sell a metric boat load of them and the power efficiency will drive GPUs out of the market. This is my prediction at least.

GPUs had their advantages but they did for Bitcoin too, the story is pretty similar and GPUs are irrelevant today for SHA256 mining.

[Damnsammit]

GPUs had their advantages but they did for Bitcoin too, the story is pretty similar and GPUs are irrelevant today for SHA256 mining.

Yep.  So a new coin will come out with a new algorithm because we can't let our GPU farms die...

[krisj]

your comparison is wrong. look at the first post of this thread. this ASIC is just a little bit energy efficient and generate just a little bit less heat than gpus. But the asic is two times expensive than gpus.
and remember, gpus have a second hand market.

The energy efficiency advantage isn't small— it's similar to the improvement early Bitcoin asics achieved over GPUs— and don't forget the secondary costs (PSUs, motherboards and slots, etc.) that these miners will reduce.  The price is a product of the manufacturers pricing of an exclusive bleeding edge part— these are not chips which costs more to produce than GPUs by any means— even absent competition you can expect the pricing to eventually achieve whatever amount allows them to sell a metric boat load of them and the power efficiency will drive GPUs out of the market. This is my prediction at least.

GPUs had their advantages but they did for Bitcoin too, the story is pretty similar and GPUs are irrelevant today for SHA256 mining.

Agreed.

but those chinese ASIC discussed in this thread are not evolved enough to replace gpus. in future ASICs will replce gpus.

[Damnsammit]

Agreed.

but those chinese ASIC discussed in this thread are not evolved enough to replace gpus. in future ASICs will replce gpus.

Will they?  Or will a new algo replace Scrypt?

[PotatoMcGruff]

The price on these is absolutely retarded.. We'd all be better off paying .4 for block erupters, or just buying an S1, 2 GPUs and throwing away the extra 1 or 2 BTC.

I'll buy as many as I can when they come out for the realistic price point of $100 per unit. Until then, please everyone be stupid enough to buy these so I can soak up all of the profitable hardware out there.

[DebitMe]

The price on these is absolutely retarded.. We'd all be better off paying .4 for block erupters, or just buying an S1, 2 GPUs and throwing away the extra 1 or 2 BTC.

I'll buy as many as I can when they come out for the realistic price point of $100 per unit. Until then, please everyone be stupid enough to buy these so I can soak up all of the profitable hardware out there.

sigh, please do a little more research before throwing your "opinion" around.  12 days registered and you are an expert huh?  Well I will buy these, and your so called more profitable hardware and be happy and make a lot of money.

I like how people do either
a) no research and spout information like they know things
or
b) research but give no cognitive thought to their findings and spout information like they know things.

Either way it leads to posts like the above.  Thanks for your contribution.

[PotatoMcGruff]

You do realize they already sold a batch @ $66 USD right? I'll wait and get them from the manufacturer for $100 per like I said.

Thanks again for your input.

[subseaguru]

I read an article on cryptonews about these today
http://www.dualminer.com/DualMiner-USB_p_16.html

[rammy2k2]

I read an article on cryptonews about these today
http://www.dualminer.com/DualMiner-USB_p_16.html

HUGE price

[Damnsammit]

I read an article on cryptonews about these today
http://www.dualminer.com/DualMiner-USB_p_16.html

HUGE price

What?  You don't want to spend $100 for something that can hash at a whopping 70kH/s !?

I'd buy 10 of these and trade them for a 7950...  *does maths* wait...

[miaviator]

I would buy at least a gross of these if they meet 100-150% the cost of a gpu per khash maybe even 200-500% or more.

If you have "a couple" of miners in your farm or you are managing a few rigs zip tied to cardboard in the corner these are likely far to expensive.  If you have a few racks of equipment or a few rooms of equipment you can start to see the potential in the reduced footprint alone that these offer.  

The same as asics did with GPU's for sha256.  We could stack a crapload (something like 20x hashpower just on BFL FPGA's) of asics in the same space we used to have a box of 6 GPU's.  

GPU's have followed a very defined wave cycle of supply/demand with card model releases sprinkled in for the 6x 7x and now Rx series.  It's doubtful that trend will end anytime soon as it follows most mainstream trends in computing power allocation.  I could definitely see the next boom in scrypt mining coming from these FPGA/ASIC projects which will then flood the market with GPU's and move us into the next cycle.

Now how to get in front of it?

Here's a tip: When the GPU market gets flooded with used cards and stock levels start remaining stable with retailers.  Just hold your GPU's in a box for 3-12Months.  Then sell them off for similar prices to the current bubble.

[Analyticse]

How much price?

please more informations inm studio
we need know

what and how

temperature
volts
megahashs/khashs
etc.....................................

i am interest mining scripts coins analogs litecoin is posible?

what rate % power
i am wont know this what and how


i am Rusian
2014 now asics but intelectual intuition i am understands

you make video? review or instructions?

[cryptomining]

UPDATE

If i haven't answered your pm's, i'm sorry.

Hopefully a meaningful update soon.

[AllanAV]

The pictures posted are of heat sinks with fan and a LED, I dd not see any chip?
Judging by the pictures I'd call it scam. Has anyone received this yet? Does it work?

[Beastlymac]

The pictures posted are of heat sinks with fan and a LED, I dd not see any chip?
Judging by the pictures I'd call it scam. Has anyone received this yet? Does it work?

I will be receiving a similar device (different seller) either today or tomorrow. The device is real but is really hard to find right now.

[cryptohead]

Does anyone know why they'd be able to release a BTC+LTC asic a lot easier than an exclusive LTC asic? There is a huge arms race right now in the LTC world for the first ASIC so I don't understand why these guys wouldn't go "all in" on a LTC asic.  They would be the first, and reap huge rewards for that.

As far as I know, there is a SHA component to hashing scrypt. In adition, the pin layout of the gridseed chip is identical to the second generation Avalon chip. That was cloned in China. So guess!

What I don't get is why the established players: Avalon, Cointerra, KNC did not jump the script bandwagon? It was bound to happen sooner or later, and they already had most of the know how. Now it seems China has caught up and leads in this tech.

[adib]

IMHO the big boys are slicing the pie, major players stick with BTC as China was late... they are allowed scrypt.

[aesma]

I would buy at least a gross of these if they meet 100-150% the cost of a gpu per khash maybe even 200-500% or more.

If you have "a couple" of miners in your farm or you are managing a few rigs zip tied to cardboard in the corner these are likely far to expensive.  If you have a few racks of equipment or a few rooms of equipment you can start to see the potential in the reduced footprint alone that these offer.  

The same as asics did with GPU's for sha256.  We could stack a crapload (something like 20x hashpower just on BFL FPGA's) of asics in the same space we used to have a box of 6 GPU's.  

GPU's have followed a very defined wave cycle of supply/demand with card model releases sprinkled in for the 6x 7x and now Rx series.  It's doubtful that trend will end anytime soon as it follows most mainstream trends in computing power allocation.  I could definitely see the next boom in scrypt mining coming from these FPGA/ASIC projects which will then flood the market with GPU's and move us into the next cycle.

Now how to get in front of it?

Here's a tip: When the GPU market gets flooded with used cards and stock levels start remaining stable with retailers.  Just hold your GPU's in a box for 3-12Months.  Then sell them off for similar prices to the current bubble.

Except that 20nm GPUs are supposed to come out this year. Also, current GPUs are not optimized for GPU compute, in fact they're unoptimized so that nvidia and AMD can sell professional cards to professionals for more money. In the case of nvidia you can even say they're crippled.

That's why an R9 290X is only a bit faster on scrypt than a 7970 when it has a lot more transistors and "raw power", it's a decision by AMD. If they realize that they could sell a lot more high end cards by removing the "unoptimization", GPUs could get closer to ASIC efficiency.

[AllanAV]

The pictures posted are of heat sinks with fan and a LED, I dd not see any chip?
Judging by the pictures I'd call it scam. Has anyone received this yet? Does it work?

I will be receiving a similar device (different seller) either today or tomorrow. The device is real but is really hard to find right now.

Where should I look for these devices?
 The only place I found was the wedsite above. Or what should I look for?

[tokyoghetto]

Agreed.

but those chinese ASIC discussed in this thread are not evolved enough to replace gpus. in future ASICs will replce gpus.

Will they?  Or will a new algo replace Scrypt?

litecoin devs will not replace scrypt. most scrypt coins will stay scrypt, the networks will just be secured by ASICS instead of GPUs.

[subseaguru]

The pictures posted are of heat sinks with fan and a LED, I dd not see any chip?
Judging by the pictures I'd call it scam. Has anyone received this yet? Does it work?

I will be receiving a similar device (different seller) either today or tomorrow. The device is real but is really hard to find right now.

Where should I look for these devices?
 The only place I found was the wedsite above. Or what should I look for?

I have found them on www.alibaba.com in addition to the site I posted above. it sounds like a couple of forum members are awaiting the arrival of their miners from these places. one, I think, posted that he/she would have one this weekend.

[Hektek]

Hello,

is it possible to ship the miners to the EU ?
I mean do the have the CE sign ?


best regards


Hektek

[blackmesa]

Interested and PM'd. Buyer from US here.

[reanor]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

Wow that's way overpriced for 100Gh/s and 3MH/s.

[subseaguru]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

Wow that's way overpriced for 100Gh/s and 3MH/s.

until the other manufacturers get theirs on the market, it seems this is the only game in town for these devices. he sets his price and people will pay. im sure someone is buying them. I just want to know if they work as advertised.

[Teodor]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

Wow that's way overpriced for 100Gh/s and 3MH/s.

until the other manufacturers get theirs on the market, it seems this is the only game in town for these devices. he sets his price and people will pay. im sure someone is buying them. I just want to know if they work as advertised.

There are others on the market too, this is too expensive. I just bought one much cheaper (19GHh/s) also from China, but it is not easy to get them. However, for thos who want them fast this is a choice...

[padrino]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

Wow that's way overpriced for 100Gh/s and 3MH/s.

until the other manufacturers get theirs on the market, it seems this is the only game in town for these devices. he sets his price and people will pay. im sure someone is buying them. I just want to know if they work as advertised.

There are others on the market too, this is too expensive. I just bought one much cheaper (19GHh/s) also from China, but it is not easy to get them. However, for thos who want them fast this is a choice...

Would you share? I cannot find anyone else offering them as of yet..

[subseaguru]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

Wow that's way overpriced for 100Gh/s and 3MH/s.

until the other manufacturers get theirs on the market, it seems this is the only game in town for these devices. he sets his price and people will pay. im sure someone is buying them. I just want to know if they work as advertised.

There are others on the market too, this is too expensive. I just bought one much cheaper (19GHh/s) also from China, but it is not easy to get them. However, for thos who want them fast this is a choice...

Would you share? I cannot find anyone else offering them as of yet..

http://611331750630.fm.alibaba.com/ lightningasic co
www.gridseed.com
www.dualminer.com

[reanor]

You guys are missing the point! Unless you like can't get anything else at all this is WAY too expensive to mine btc at that speed. You can buy 60Gh units for under $1000 from BFL now. Also there will be a BIG drop in price because 20nm chips are coming out in like 1 month. 2TH/s miners are already being shipped to lucky few. Anyways, I'll personally wait, mine some scrypt until I can get some decent btc miner.

[subseaguru]

I found them here http://www.alibaba.com/product-detail/Bitcoin-Litecoin-combo-ASIC-Mining-machine_156151732.html
seems to be a few different variants if you do a search.

Wow that's way overpriced for 100Gh/s and 3MH/s.

until the other manufacturers get theirs on the market, it seems this is the only game in town for these devices. he sets his price and people will pay. im sure someone is buying them. I just want to know if they work as advertised.

There are others on the market too, this is too expensive. I just bought one much cheaper (19GHh/s) also from China, but it is not easy to get them. However, for thos who want them fast this is a choice...

cryptominer was supposed to be getting some. I haven't heard or seen anything about whether they were received. sounds like he will be a reseller if he likes what he gets.
how did you like the 19GHs? did It perform to expectations? please post some pics and info on it. im curious about them.

[subseaguru]

You guys are missing the point! Unless you like can't get anything else at all this is WAY too expensive to mine btc at that speed. You can buy 60Gh units for under $1000 from BFL now. Also there will be a BIG drop in price because 20nm chips are coming out in like 1 month. 2TH/s miners are already being shipped to lucky few. Anyways, I'll personally wait, mine some scrypt until I can get some decent btc miner.

im not worried about mining BTC. I already have that happening. im interested in mining some scrypt without building a GPU system and that is not power hungry.

[miaviator]

You guys are missing the point! Unless you like can't get anything else at all this is WAY too expensive to mine btc at that speed. You can buy 60Gh units for under $1000 from BFL now. Also there will be a BIG drop in price because 20nm chips are coming out in like 1 month. 2TH/s miners are already being shipped to lucky few. Anyways, I'll personally wait, mine some scrypt until I can get some decent btc miner.

Lol.

[firejuan]

You can pay now from BFL, but you will join the queue of unhappy customers who have been waiting a very long time for their products.  Have fun with that.

You guys are missing the point! Unless you like can't get anything else at all this is WAY too expensive to mine btc at that speed. You can buy 60Gh units for under $1000 from BFL now. Also there will be a BIG drop in price because 20nm chips are coming out in like 1 month. 2TH/s miners are already being shipped to lucky few. Anyways, I'll personally wait, mine some scrypt until I can get some decent btc miner.

Lol.

[cannachris]

I would be interested in 1 Lil'bit package. Shipping to EU.

[Teodor]

I would be interested in 1 Lil'bit package. Shipping to EU.

Sorry, this is out of topic somehow... About my 200GH/s 55nm Asic device from China, bought at the price of 19GH/s, if everything goes well I will start another topic soon. Still working on testing and so on.

[nairb131]

I would be interested in 1 Lil'bit package. Shipping to EU.

Sorry, this is out of topic somehow... About my 200GH/s 55nm Asic device from China, bought at the price of 19GH/s, if everything goes well I will start another topic soon. Still working on testing and so on.

Most people realize this isn't a great deal for BTC/SHA-256 mining they are buying it for LTC/Scrypt mining. Please stay on topic and stop talking about how cheap other BTC/SHA-256 miners are. We already know.

[reanor]

Ok, on the long run its a better deal than Buying 2 mining rigs with R9 280x or HD 7590s. The GPU rigs will start giving profit sooner though then after about a month Big Bit will catch up. So its arguable. Considering size though and power consumption I guess bit wins... but only on the long run measured at least 6 months or longer. I think the best deal of all would be to add 1500$ and just buy cointerra for May batch.

[brooklynite]

Ok, on the long run its a better deal than Buying 2 mining rigs with R9 280x or HD 7590s. The GPU rigs will start giving profit sooner though then after about a month Big Bit will catch up. So its arguable. Considering size though and power consumption I guess bit wins... but only on the long run measured at least 6 months or longer. I think the best deal of all would be to add 1500$ and just buy cointerra for May batch.

thats probably the better way to go because GPU commmunity is much larger and will switch to another asic resistant coin system like sha-2 or 3 whatever, and those who buy dedicated hardware with no resale value will join those who have a BFL Jalopeneo still trying to pay off the product.

rememeber a GPU system has 70-80% resale value or higher if you get a deal when bying. an underpowered asic has zero value.

let me give you an example. the $2,200 BFL 600GH card that is supposedly coming out, i saw the non working prototype a month ago in CES 2014 and at the time, if it was working, it was capable of making a bit coin in only 5 days and that is back then, 4 weeks ago. Something didnt click right with me, why would a unit making $200/day be sold for only $2,000?? well, it wont when you get it. the unit is still months away from being shipped and due to difficulty increase it , if it were in the market now it would only make one BTC in 7.5 days. when 10,000 of those hit the market and you receive yours in the mail, it will probably make one BTC in 50 days and soon after before you even hit the first 50 days it will be sink and make one BTc in 500 days, because there are now 10,000. of them running on the same network.

[tntdgcr]

whats the voltage ? not saying a friend popped one , but good to know hahah

[richmke]

Anyone have success buying a set from the original poster? Maybe they are on vacation over the new year.

[screenman]

I have bought a set from Mr. Jack Liao @ alibaba and received it yesterday.
After struggling true the chinese setup guide, i am now mining scrypt @ +/- 3000 Khs

Now i still need to build some kind of case to put everything in, because now with all those wires & coolers it is a big mess

[richmke]

How noisy is the setup?

[screenman]

10 coolers that makes a lot of noise.

I think i going to put it in a case, than the noise will be reduced

[rammy2k2]

10 coolers that makes a lot of noise.

I think i going to put it in a case, than the noise will be reduced

in LTC mode they are silent, right ?

[asiabtc]

I have bought a set from Mr. Jack Liao @ alibaba and received it yesterday.
After struggling true the chinese setup guide, i am now mining scrypt @ +/- 3000 Khs

Now i still need to build some kind of case to put everything in, because now with all those wires & coolers it is a big mess

so sorry for dhl delay.
you should can run it at 3800+KHS. try it.
if you want guide, just let me know.
pay me some tips.
thanks.

[screenman]

I have bought a set from Mr. Jack Liao @ alibaba and received it yesterday.
After struggling true the chinese setup guide, i am now mining scrypt @ +/- 3000 Khs

Now i still need to build some kind of case to put everything in, because now with all those wires & coolers it is a big mess

so sorry for dhl delay.
you should can run it at 3800+KHS. try it.
if you want guide, just let me know.
pay me some tips.
thanks.

I had no problems with the dhl delay i had patience

I did all the firmware upgrades, any other tricks?

[kriptomaster]

Hi screenman 
  You tested the dual-mode LTC/BTC? As stability? You do not use the relay to restart when freezes?
Make a screen with your pool with real speed LTC

[S4VV4S]

I have bought a set from Mr. Jack Liao @ alibaba and received it yesterday.
After struggling true the chinese setup guide, i am now mining scrypt @ +/- 3000 Khs

Now i still need to build some kind of case to put everything in, because now with all those wires & coolers it is a big mess

so sorry for dhl delay.
you should can run it at 3800+KHS. try it.
if you want guide, just let me know.
pay me some tips.
thanks.

I had no problems with the dhl delay i had patience

I did all the firmware upgrades, any other tricks?

Dude ask how much the tip is, if it's worth it then DO IT.
They sell these stuff so I am sure they know all the tricks.

[screenman]

i need to wait for the new firmware to change settings

[screenman]

Hi screenman 
  You tested the dual-mode LTC/BTC? As stability? You do not use the relay to restart when freezes?
Make a screen with your pool with real speed LTC

i only mine ltc with it, didn't test the dual mode yet

[kriptomaster]

Hi screenman 
  You tested the dual-mode LTC/BTC? As stability? You do not use the relay to restart when freezes?
Make a screen with your pool with real speed LTC

i only mine ltc with it, didn't test the dual mode yet

A mode LTC it works? What is the overall speed?
 You can put a photo

[screenman]

i will take a photo tomorrow

it is around 3000mhs (without tuning etc)

[kriptomaster]

i will take a photo tomorrow

it is around 3000mhs (without tuning etc)

- Tell me more about setting from beginning to end, I'm sure it will be very useful for many. I myself will soon launch 12 MH
- Tell us about tunning how it can be done? What speed can you get?
- Perhaps in LTC mode disconnect the fan? What worked silently

[screenman]

i am waiting for the new firmware to start tuning, the dashboard is in chinese now

[tokyoghetto]

I have bought a set from Mr. Jack Liao @ alibaba and received it yesterday.
After struggling true the chinese setup guide, i am now mining scrypt @ +/- 3000 Khs

Now i still need to build some kind of case to put everything in, because now with all those wires & coolers it is a big mess

So can you confirm that Mr.Jack Liao isn't an alibaba scammer?

http://611331750630.fm.alibaba.com/product/156151732-0/Bitcoin_Litecoin_DOGECOIN_combo_ASIC_Mining_machine_rig_miner_100GHS_SHA256_3MHS_scrypt_.html

I dont want to order from some over priced group buy.

[chanberg]

I have bought a set from Mr. Jack Liao @ alibaba and received it yesterday.
After struggling true the chinese setup guide, i am now mining scrypt @ +/- 3000 Khs

Now i still need to build some kind of case to put everything in, because now with all those wires & coolers it is a big mess

So can you confirm that Mr.Jack Liao isn't an alibaba scammer?

http://611331750630.fm.alibaba.com/product/156151732-0/Bitcoin_Litecoin_DOGECOIN_combo_ASIC_Mining_machine_rig_miner_100GHS_SHA256_3MHS_scrypt_.html

I dont want to order from some over priced group buy.

Mr. Jack sounds legit... I mean he sent out free samples to 3 people!

[asiabtc]

I have bought a set from Mr. Jack Liao @ alibaba and received it yesterday.
After struggling true the chinese setup guide, i am now mining scrypt @ +/- 3000 Khs

Now i still need to build some kind of case to put everything in, because now with all those wires & coolers it is a big mess

so sorry for dhl delay.
you should can run it at 3800+KHS. try it.
if you want guide, just let me know.
pay me some tips.
thanks.

I had no problems with the dhl delay i had patience

I did all the firmware upgrades, any other tricks?

over clock it.

[asiabtc]

I have bought a set from Mr. Jack Liao @ alibaba and received it yesterday.
After struggling true the chinese setup guide, i am now mining scrypt @ +/- 3000 Khs

Now i still need to build some kind of case to put everything in, because now with all those wires & coolers it is a big mess

So can you confirm that Mr.Jack Liao isn't an alibaba scammer?

http://611331750630.fm.alibaba.com/product/156151732-0/Bitcoin_Litecoin_DOGECOIN_combo_ASIC_Mining_machine_rig_miner_100GHS_SHA256_3MHS_scrypt_.html

I dont want to order from some over priced group buy.

Mr. Jack sounds legit... I mean he sent out free samples to 3 people!

totaly 6. 3 on bitcointalk, 3 on litecointalk.
thanks.

[richmke]

it is around 3000mhs (without tuning etc)

Is the payback around 4 months at $20/LTC?

[GodfatherBond]

it is around 3000mhs (without tuning etc)

Is the payback around 4 months at $20/LTC?

Yes, maybe ROI around 4 months if LTC value remains stable.

[PMB]

UPDATE

If i haven't answered your pm's, i'm sorry.

Hopefully a meaningful update soon.

Hi guys,

One thing I still don't understand. Can you run 2 or 3 units with a controller??? Linked to a raspberry pi or something?

Cryptomining - No videos yet? WHen will you have next shipping?

regards,

P.

[richmke]

The Controller can manage 20 units. They are sold in packages of 10 units with one controller, or 20 units with one controller.

Seems like the controller needs some type of hookup to a computer to set it up. I'm guessing that it is setup through a simple browser interface. So, no need for a raspberry pi after configuring it. Just need a computer hooked up to the same network for the configuration.

[loader140]

What is the price for these? Only 1 or 2 miner(s)? or do they have to be sold in batched?

I would only be looking at buying the MINERS without the controller or PSU.

[film2240]

What's the price for the 300Kh/s ASIC?As I'm looking into getting one of those (sell off older equipment to fund it so revenue from mining goes straight into my pockets/electric bill,not worrying about ROI)

[MZD]

Is cryptomining a legitimate person to buy from? Have anyone got their products?

The price for the Big BiT is cheaper than what others are asking.

[richmke]

What is the price for these? Only 1 or 2 miner(s)? or do they have to be sold in batched?

I would only be looking at buying the MINERS without the controller or PSU.

I think the pricing works out to $250 per unit plus $100 for the Controller.
When purchased in batches of 10 units, it comes with all the cables, psu, usb hubs, etc.

I don't know if you need the controller or not. It does not seem like they provide drivers so you can mine with your PC.

[bhai]

I've read in another thread that the controller is not needed anymore.

rgdz,
bhai

[InCoinsITrust]

It should be more pics in here

[Don007]

Indeed, and more updates. And more movies .

Great devices, really expensive though.

[MZD]

The price in this thread is cheaper than in others. I'd like to order the Big BiT but no answer to PMs yet.  

P.S. Would the software and firmware files in the other thread work on these as well? There all the same right?

[cryptomining]

UPDATE


closed