[CLOSED] Ninja Group Buy #5 - QTY 8 Gridseed LA6M 48Mhash Scrypt [0/160]

[trentdk]

Thanks for the update! I hope we can get something else hashing soon!

[dyland]

24 Gridseeds sold total.  We hope to be able to upgrade to a 60MH A2 based miner in the near future. 

The grids are temporarily down as they are being relocated.

I tried for ya man, but there's very very little demand for these units...also, the reseller had issues with what you sent as the heatsinks were damaged by the screws.

The good thing about these guys I guess is that they use very little power, so they'll remain profitable for quite a while longer, then maybe you can liquidate for $10 bucks a piece or something in a couple months.

[dyland]

24 Gridseeds sold total.  We hope to be able to upgrade to a 60MH A2 based miner in the near future. 

The grids are temporarily down as they are being relocated.

I wouldn't bother with an A2 60Mh/s; I'd get 10 blades instead and mod them for the same hash power (~$6,000USD; ~$5,000USD or less by the time you buy them). The price point and power usage on the blades makes these the best bang for buck right now. The A2 chips are power hungry and more expensive option unless their price drops to <$4,000USD for 60Mh/s in the next couple weeks.
 
(Although GAW Miners dropped the price of their black widow for a week last week to $809.00, and that was briefly best bang for buck. I bought two for $1600.00 to get 28+Mh/s)

If it drops again, I am on alert from them and I'll let you know.

[Flep182]

GAW does hosting for 2,5% of the hashpower. With a bit of luck we could just get a little farm there. Problem is that they don't have any SLA, on the other hand, we lose the hosting costs.

[lynn_402]

GAW does hosting for 2,5% of the hashpower. With a bit of luck we could just get a little farm there. Problem is that they don't have any SLA, on the other hand, we lose the hosting costs.

GAW miners are fine, however I have heard quite a few bad comments about their hosting service. It seems to be down often.

[MWNinja]

We found a new home for the gridseeds, internet is up now, just waiting for them to turn on power to the space. I'd like to invest the group's balance ($1500) toward some new Scrypt miners fairly soon.  If a couple more 10 packs of grids sell on ebay, I'll be able to order us one of these:

27+ MH/S - UNBRANDED - THE FALCON BY GAW MINERS - ASIC SCRYPT MINER - FREE ZENCONTROLLER (SHIPS SAME DAY) 2,349.95

[Flep182]

But I heard the power usage on those GAW things is horrible.

[suchmoon]

But I heard the power usage on those GAW things is horrible.

It is bad, nearly double that of Gridseeds (per MH/s). Ninja, have you looked at SilverFish miners, like this one:

http://minersource.net/collections/frontpage/products/silverfish-28mh-scrypt-miner-440w-ships-6-18-14

It's more expensive though, so might not be worth it considering the likely short lifespan.

[dunchy]

Monero is on the rise. Maybe we should think about switching or making a new cryptonote group by ?

[suchmoon]

But I heard the power usage on those GAW things is horrible.

It is bad, nearly double that of Gridseeds (per MH/s). Ninja, have you looked at SilverFish miners, like this one:

http://minersource.net/collections/frontpage/products/silverfish-28mh-scrypt-miner-440w-ships-6-18-14

It's more expensive though, so might not be worth it considering the likely short lifespan.

Better price here:

https://btcfarm.org/?product=silverfish-blade-28mhs-scrypt-miner

[dyland]

But I heard the power usage on those GAW things is horrible.

It is bad, nearly double that of Gridseeds (per MH/s). Ninja, have you looked at SilverFish miners, like this one:

http://minersource.net/collections/frontpage/products/silverfish-28mh-scrypt-miner-440w-ships-6-18-14

It's more expensive though, so might not be worth it considering the likely short lifespan.

Better price here:

https://btcfarm.org/?product=silverfish-blade-28mhs-scrypt-miner

I'm still very happy with my purchase of two (2) Gawminer Black Widows for $1600.00 = 28Mh/s (you can't get this deal anymore, however), despite the higher power needs.

I say you should sell the remaining gridseeds for $20.00 each and then ask the group for a bit of extra money to fund a pre-order buy of a mini vaultbreaker.

http://www.gawminers.com/products/shipped-pre-order-batch-1-the-vaultbreaker-mini-250-mh-s-asic-scrypt-miner-w-free-zencontroller/

[Flep182]

I say you should sell the remaining gridseeds for $20.00 each and then ask the group for a bit of extra money to fund a pre-order buy of a mini vaultbreaker.

20 each is very very cheap, I'd think we'd go a bit higher than that. For that price I'm even interested to buy a set or two.

[dyland]

I say you should sell the remaining gridseeds for $20.00 each and then ask the group for a bit of extra money to fund a pre-order buy of a mini vaultbreaker.

20 each is very very cheap, I'd think we'd go a bit higher than that. For that price I'm even interested to buy a set or two.

...which is why we should sell for $20.00 each.

each week these don't sell, the closer they get to paperweights. We need to liquidate as many as possible, as quickly as possible.

You can get a modded blades right now (6.6Mhs) for $650.00 or so, in a week or two, even less.

$30.00 might sell quickly too, yes, but if you throw $20.00 a seed out there on the boards, these will be gone and shipped in 48 hrs.

Right now, $70.00-$90.00 USD per Mh/s is about where the market is at if you know how/where/when to buy.

I personally think maybe we should try and sell what's left for $25.00 a seed all that said, order a mini-vaultbreaker, and take a chance that they will beat KNC.

[daemonfox]

https://www.ehsminer.com/product/ehs-asic-scrypt-miner-vi/

Interesting... $10 per MH/s and based in Colorado. No idea what efficiency is yet but this has potential.

[lynn_402]

https://www.ehsminer.com/product/ehs-asic-scrypt-miner-vi/

Interesting... $10 per MH/s and based in Colorado. No idea what efficiency is yet but this has potential.

I wouldn't want to take the risk in buying from a new company which promises hardware considerably better than what all other companies are producing...

Not sure what our budget is, but GAW's Vaultbreaker mini seems like the best deal at 25$ and 2.5 watts/Mh, considering that the company delivered efficiently for the current generation of miners.

[suchmoon]

I would be strongly opposed to any kind of pre-order for this group buy. If we want to mine let's buy hardware that's available now. If we want to gamble count me out

Ninja, I PMed you an option you might be interested in.

[dunchy]

Agreed. Let's keep things down to earth.

[dyland]

I would be strongly opposed to any kind of pre-order for this group buy. If we want to mine let's buy hardware that's available now. If we want to gamble count me out

Ninja, I PMed you an option you might be interested in.

I look at it differently I guess:

We stay on this train of gear forever, always trying to get closer to ROI, or we take a gamble to surmount the ROI by pre-order.

If we all want to go the route of existing gear, this is currently the best deal out there:

http://festival.zeusminer.com/?seller=olympus-force40-off-thunder-x3-28mhs1-raspberry-pi-sd-card5coupons-package-10999

28Mh/s for $1200.00

Ninja, I would order one right away with the capital you have.

[dyland]

Where do we sit with respect to selling?

[dyland]

My friend zig hash just sold 30 oclocked pods for $50 each. I'm sure we could sell ours for $30.

https://bitcointalk.org/index.php?topic=656105.0

Ninja, I'd like to make an ad and get these liquidated...