Reason why everyone is offloading their gridseeds?

[pekv2]

Reason why everyone is offloading their gridseeds?

Are new tech. coming out or something?

[CoinsForTech]

I haven't noticed people offloading however there is a 28nm 60M Scrypt miner on the way. That's probably why!

[sgk]

Multiple companies are releasing their much better Scrypt ASIC miners in a few weeks.
Fibonacci, KNCMiner, Alpha-T etc etc

The KNCMiner Titan hashes at minimum 250 MH/s

[atlosas]

Titan is 300 mh/s now

[sgk]

Titan is 300 mh/s now

No wonder people would want to dump their 4 MH/s Gridseeds before these dinosaurs hit the market.

[pekv2]

Ah! That explains it as I figured, new tech. coming out.

[Amph]

Titan is 300 mh/s now

No wonder people would want to dump their 4 MH/s Gridseeds before these dinosaurs hit the market.

the sad part is that those titan will have the same fate in 2-3 months after they release

a godzilla with 5 GH/s will emerge by that time

asic are pointless

[pekv2]

Titan is 300 mh/s now

No wonder people would want to dump their 4 MH/s Gridseeds before these dinosaurs hit the market.

the sad part is that those titan will have the same fate in 2-3 months after they release

a godzilla with 5 GH/s will emerge by that time

asic are pointless

Do asic die after such a long time use?

lol I hope not I just ordered http://www.gawminers.com/300-kh-s-single-gridseed-asic-miner/ w/ power supply adapter.

[studio1one]

Titan is 300 mh/s now

No wonder people would want to dump their 4 MH/s Gridseeds before these dinosaurs hit the market.

the sad part is that those titan will have the same fate in 2-3 months after they release

a godzilla with 5 GH/s will emerge by that time

asic are pointless

yeah, ASIC have killed mining.

[Amph]

Titan is 300 mh/s now

No wonder people would want to dump their 4 MH/s Gridseeds before these dinosaurs hit the market.

the sad part is that those titan will have the same fate in 2-3 months after they release

a godzilla with 5 GH/s will emerge by that time

asic are pointless

Do asic die after such a long time use?

lol I hope not I just ordered http://www.gawminers.com/300-kh-s-single-gridseed-asic-miner/ w/ power supply adapter.

they have a limited warranty, but they should work fine for a long time i think, unless they were semi-defective from the start or other shit like that

[sgk]

Titan is 300 mh/s now

No wonder people would want to dump their 4 MH/s Gridseeds before these dinosaurs hit the market.

the sad part is that those titan will have the same fate in 2-3 months after they release

a godzilla with 5 GH/s will emerge by that time

asic are pointless

Do asic die after such a long time use?

lol I hope not I just ordered http://www.gawminers.com/300-kh-s-single-gridseed-asic-miner/ w/ power supply adapter.

They won't die soon. But you would not want to use them once all those dinosaurs hit the market anyway after few months. It would be like mining with CPU when everyone else is using GPUs.

[studio1one]

Titan is 300 mh/s now

No wonder people would want to dump their 4 MH/s Gridseeds before these dinosaurs hit the market.

the sad part is that those titan will have the same fate in 2-3 months after they release

a godzilla with 5 GH/s will emerge by that time

asic are pointless

Do asic die after such a long time use?

lol I hope not I just ordered http://www.gawminers.com/300-kh-s-single-gridseed-asic-miner/ w/ power supply adapter.

They won't die soon. But you would not want to use them once all those dinosaurs hit the market anyway after few months. It would be like mining with CPU when everyone else is using GPUs.

Except they only use 7w

Difficulty will have to increase massively before they use more than they mine

[Profetu]

Compared to sha ASICs you are not limited by electricity. So I doubt when the Titan hits the market in Q3 people are going to turn off their 7W Grindseed units. Of course their value is getting lower, that's why people try to sell them while they can get a decent price.

[sgk]

Compared to sha ASICs you are not limited by electricity. So I doubt when the Titan hits the market in Q3 people are going to turn off their 7W Grindseed units. Of course their value is getting lower, that's why people try to sell them while they can get a decent price.

+1

That's why we're seeing loads of discounts on Gridseeds from manufacturers

[CoinMKT.com]

ASICS always going to be a hopscotch... one is great until a few months other will top it off.   NEver ending buying trend. 

[jjj0923]

I just had a guy offer me 500 new gridseeds at $40/piece

that make sense to me that 9 MH for $1,000

the best deal right now is the Hashra 30 MH unit for $3,635 and that's $120/mhs

these gridseeds are $111/mhs

can't beat it and at 7 watts each I can run over 100 of them off an 800 w power supply.

[jjj0923]

ASICS always going to be a hopscotch... one is great until a few months other will top it off.   NEver ending buying trend. 

you bet - can't wait to I get my mining asics units!

I'll be flying high for about 4 to 5 weeks and someone will release a 500 MHS unit for $9,999 : LOL and I'll be depressed again...

[pekv2]

omg, my gridseed is almost here yay.

usps updated it's shipping thingy that had been blank since the 7th. omg, right excited. I was freaking out for a moment last few days but kept chilled.

ground shipping sux.

[sgk]

I just had a guy offer me 500 new gridseeds at $40/piece

that make sense to me that 9 MH for $1,000

the best deal right now is the Hashra 30 MH unit for $3,635 and that's $120/mhs

these gridseeds are $111/mhs

can't beat it and at 7 watts each I can run over 100 of them off an 800 w power supply.

See if you can get Gridseed BLADE miner instead of 5-chip units. Blade units will be easier to manage and probably you'd get a better deal.