Gridseed Asic Miner Preview

[xbitcoinx]

I've received 10 sets of the GridSeed Hybrid Asic Miner today
here youtube link.
http://www.youtube.com/watch?feature=player_embedded&v=IujrVTxwrzY

It show 200~300kh and 7w power cost per miner in case scrypt only mining.

https://i.imgur.com/siDsZVZ.jpg
https://i.imgur.com/wRjkdo0.jpg
https://i.imgur.com/CpygPQq.jpg
https://i.imgur.com/Pe2wc84.jpg

And Some additional infos from my website though written in korean, besides run it without controller board.
http://xbitcoinx.com/Bitcoin_Mining/65972


The price was 11198rmb(2000$) for 10 miner sets + one controller board.
Imo It doesn't have much advantages against gpu running
But you guys should not miss the next one which will be released on Feb for scrypt only like 3MH per, revealed by the gridseed company's official post. http://cybtc.com/thread-5203-1-1.html

 

[nytrolic]

Lies! You only have 9!

Looks nice though, how much noise / heat do they make?

[xbitcoinx]

Lies! You only have 9!

Looks nice though, how much noise / heat do they make?

gave one to my buddy.
the noise is almost close to cpu fan's one. no heating obviously.

[redmonski]

Hi xbitcoinx,

I have 1 unit and I'm trying to run it with the cpu miner. However, I keep on getting "http request failed" error. I also don't have the controller.
Sorry, would you mind sharing the steps?

I followed the guideline sent by my seller as follows:
minerd --freq=600 --gc3355=COM3 --url=http://www.coinotron.com:3334 --userpass=xxxxxx:xxxxxx

Do I need a mining proxy?

Thanks.

[edit] Managed to work the rig with the WeMineLTC.com 

[defaced]

Those are beautiful.

[wpgdeez]

Too bad they are so way overpriced, the chip maker is going to make a fortune mining on these. I wonder if some of the 100+ mhash users out there are actually gridseed farms.

[note235]

3MH per each unit at what price in Feb?

[dropt]

Too bad they are so way overpriced, the chip maker is going to make a fortune mining on these. I wonder if some of the 100+ mhash users out there are actually gridseed farms.

Are they really though?  ~3MH for $2,000.  That's ~3 or 4 290X, mobo, ram, cpu, and PSUs.  You'd pay around $2,000 for that, but you'd be using a boatload more power.  I'm not saying it's wise to purchase, but I don't think they're that out of line.  

[milly6]

how much are these?

[sharedminers]

GPU is still a cheaper option if you get a r9 280 at $350 that mines at 650 KH/s

[DimensionsOfHell]

Where were they bought from? I would like to purchase 20 of them.

[dropt]

GPU is still a cheaper option if you get a r9 280 at $350 that mines at 650 KH/s

So you need ~ 4 or 5 cards, $1,400(4) or $1,750(5).    A mobo ~$125?, 2 PSUs = ~$180,  Processor = ~30, Risers, ~25, Ram = ~25...

Where are we at...  ~$1,760 for a 4 card rig, or $2,110 for a 5 card rig (assume shipping was included...)

Power wise, it's what, ~70W vs 1200W (4 Card) or ~1500W (5 card).  To be honest I'm not sure which route is the better alternative. 

I'm going to guess that the prices were set to be approximately equivalent to the GPU counterpart and they're leveraging the massive decrease in power requirements as their benefit.

Either way, people are going to buy these and the Scrypt GPU miners of today are going to be none-too-happy with the long-term outcome.

[Gator-hex]

What's the point? If I was gonna spend $2000 on an ASIC I'd buy one that mines Bitcoin!  

Litecoin will just die if it becomes ASIC only.

[Anddos]

that looks like a mess,where did you purchase from?

[melmo]

I think that these are great for miners who have maxed out their electrical/cooling capacity or their spouses tolerance for gpu fan noise

[hash77away]

Looks like that these are not fully stable at this point, one guy in that forum got 3 miners burned, out of the 10 he bought.

[tokyoghetto]

Looks like that these are not fully stable at this point, one guy in that forum got 3 miners burned, out of the 10 he bought.

link please? whats the warranty on these things?

[Operatr]

Nice to see Gridchips out in the wild, though these miners are quite odd. They couldn't have made them any more difficult to scale neatly, a more traditional board would have been better. But I suppose these are also a beta run of Gridseed based machines. I'm sure there will be plenty more to follow once chips are broadly available.

By my analysis these are 19x more power efficient than a GPU, so for the up front price you are actually getting quite a savings on power use, and are much easier to scale up compared to hot, power hungry GPUs.

The fact that a cheaper GPU gives you better hash/$ is only half of the story you need to look at. Power efficiency, ease of management (time wasted on rig maintenance and setup), and ability to scale are are important factors as well.

[Gazza1]

Good, keep the price high.  We need to keep asics away from scrypt.

[DimensionsOfHell]

The only reason I want it is because the room I have everything set up in (bitcoin & litecoin miners), its VERY hot in that room. It heats up the rest of the house, and I dont need heat in Miami. Also the heat from the GPUs heat up the bitcoin ASIC's WAY too much. I want something cooler, but I'm not going to be paying a premium for it. If I can get them at a good price, I'm right on board to buy 20 of them.