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Author Topic: Bitmain Antminer L1 - Speculation...  (Read 9233 times)
windpath (OP)
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August 30, 2014, 08:01:04 PM
 #1

Anyone care to comment on what this will be?

From the bitmaintech site...


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va23boam
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August 30, 2014, 08:15:05 PM
 #2

saw this on there site looks interested, wonder how powerful it will be

Currently Mining: BTC,ETH,SC
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August 30, 2014, 10:20:55 PM
 #3

Does look interesting. maybe gearing up for 5Th rigs or beyond. Who knows can only wait and see what happens. But in their latest releases not that impressed with price and waiting times and also the upgrade moduals are shocking lover priced too

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August 30, 2014, 10:40:29 PM
 #4

L = LTC? Maybe a Scrypt miner?
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August 30, 2014, 11:18:42 PM
 #5

L = LTC? Maybe a Scrypt miner?

thats what imthinking too.
bit_wizard
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August 30, 2014, 11:32:13 PM
 #6

Click "BUY" and it says: Speed - 0MH/s
Scrypt time.
squall1066
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August 30, 2014, 11:47:35 PM
 #7

This is defiantly a scrypt miner with MHs on the list, My guess it will be 18.2MHs at around 0.92BTC at release, pulling 420W ATW.
This unit will be Ethernet stand alone same as the BTC units.
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August 31, 2014, 12:16:40 AM
 #8

Interesting move. Is this hardware competitive with KNC specifications?
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August 31, 2014, 12:48:21 AM
 #9

Interesting move. Is this hardware competitive with KNC specifications?
no need BitMain will actually deliver a working product whereas KfC will make excuses why they aren't. Also, the L1 probably won't catch on fire. Nice bonus.
area3121
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August 31, 2014, 01:46:55 AM
 #10

this timme, nitmaintech is taking another leaf for Scrypt
rkinnin
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August 31, 2014, 02:34:57 AM
 #11

Anyone care to comment on what this will be?

From the bitmaintech site...




if indeed it is LTC....it begs the question....why?
windpath (OP)
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August 31, 2014, 05:26:18 AM
 #12

L = LTC? Maybe a Scrypt miner?

Had not even considered LTC until I read this...

Think it's a solid guess Smiley
ajw7989
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August 31, 2014, 05:30:22 AM
 #13

It most likely is a scrypt miner. It says mh on the product page. Interesting to see how they revolutionize the scrypt market since they did with the bitcoin market and essentially setting the standard for miners (no more of that BS preorder for a few months)
FlyForFun
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August 31, 2014, 06:20:20 AM
 #14

Nice, they are coming out with scrypt asic, that means litecoin difficulty going sky rocket.

Unblock64
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August 31, 2014, 08:19:24 AM
 #15

Jupi Jupi Scrypt Miner from Bitmain I can not wait:-) ...
Excellent company with low prices and great access to customers.
I hope that it will be built on 28nm Chip ...

 Grin Grin Grin Grin Grin Grin
DrG
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August 31, 2014, 09:07:43 AM
 #16

Nice, they are coming out with scrypt asic, that means litecoin difficulty going sky rocket.

It will only rocket if people think they can get a lot more LTC/Doge or convert LTC/Doge to BTC for cheaper than the price of mining BTC.  But since everybody buying can do the math if everybody buys it nobody wins except Bitmain.  A game of chicken...

LTC went sub $5 again just now.
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August 31, 2014, 09:39:36 AM
 #17

good we will split the money invested in crypto so BTC difficulty will remain stable
wishfull thinking

the only thing that I understand is that Bitmain is WORKING
and deserve our attention!!!
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August 31, 2014, 11:02:18 AM
 #18

This is defiantly a scrypt miner with MHs on the list, My guess it will be 18.2MHs at around 0.92BTC at release, pulling 420W ATW.
This unit will be Ethernet stand alone same as the BTC units.

that is not good.  A gridseed blade is 130-140 used on ebay  4 would be 520 usd hashing at  20mh and power is around 380-400 watts.

  you can buy newer gear from zoomhash. built on gridseed tech

http://zoomhash.com/products/plug-and-play-46mh-s-1000w-scrypt-asic-package-door-to-door-within-5-business-days

above is 46mhs it will pull about 900 watts it costs 589 after the coupon zoom5344    comes with psu.     so 2.3x the hash for 1.2x the power and about the same power per mh.  So if bitmaintech can only provide a 18.2mhs unit at .92 btc it is obsolete.

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August 31, 2014, 12:42:46 PM
 #19

Time to sell your 2nd hand scrypt asic and buy this.
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August 31, 2014, 02:55:51 PM
 #20

Nice, they are coming out with scrypt asic, that means litecoin difficulty going sky rocket.

It will only rocket if people think they can get a lot more LTC/Doge or convert LTC/Doge to BTC for cheaper than the price of mining BTC.  But since everybody buying can do the math if everybody buys it nobody wins except Bitmain.  A game of chicken...

LTC went sub $5 again just now.

There is definitely some investment, GAW is on track for $100M in revenue this year..

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