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[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.

[1714294742]

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[1714294742]

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[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.