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post #11811 of 22535
each $85 USB stick mines LTC @ 70kh/s

you need 11 USB miners to mine as fast a 280x (~770kh/s)

one 280x costs at least $375 (if you are lucky), plus cost of the rest of the rig.

11 times $85 + $30 (for a usb hub) = $965, plus the host computer (pretty much any computer with USB will do)

so yeah, i stand on my "LTC ASICs cost 2-3 times as much as similar GPU rig" approximation
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post #11812 of 22535
Quote:
Originally Posted by dealio View Post

soon the alpha tech ASICs will come out... competition = lower ASIC prices = more people can buy asics = moar coin difficulty = e.v.e.n.t.u.a.l.l.y. GPU mining will not be profitable = history repeats itself

You're forgetting another piece of that history. Each time an asic comes out for an algorithm, someone develops another one that is supposedly asic resistant. And then someone works on an asic model for that one, but in the mean time, GPU miners flock to the asic resistant one.

The history is so short, I don't think we can call it "history repeats itself". A lot has happened in the last 5 years but it's still unpredictably new.
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post #11813 of 22535
And then you gotta remember those companies delivery dates seems to be an always moving target if not entirely a scam.
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post #11814 of 22535
I started pool mining @ ypool.net using arOpenCLMAX. Dunno if it's doing good or bad but I'm getting shares.

The miners says it's doing 173,000 khps and ypool says I'm doing about 300 shares/h. Only been running for maybe 15 minutes though.
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post #11815 of 22535
Quote:
Originally Posted by Krusher33 View Post

I started pool mining @ ypool.net using arOpenCLMAX. Dunno if it's doing good or bad but I'm getting shares.

The miners says it's doing 173,000 khps and ypool says I'm doing about 300 shares/h. Only been running for maybe 15 minutes though.

173000 Khash/s? What do you have? this is approx 250 graphics cards worth of hashing power.
post #11816 of 22535
Quote:
Originally Posted by blkdoutgsxr View Post

173000 Khash/s? What do you have? this is approx 250 graphics cards worth of hashing power.

Pool speed maybe ?
post #11817 of 22535
Quote:
Originally Posted by blkdoutgsxr View Post

Quote:
Originally Posted by Krusher33 View Post

I started pool mining @ ypool.net using arOpenCLMAX. Dunno if it's doing good or bad but I'm getting shares.

The miners says it's doing 173,000 khps and ypool says I'm doing about 300 shares/h. Only been running for maybe 15 minutes though.

173000 Khash/s? What do you have? this is approx 250 graphics cards worth of hashing power.

Ha ha, yeah... which is why I said that I dunno if it's doing good or bad.

I don't know how to do a screenshot over teamviewer but it basically says "kHash/s: 177732.75 Shares total: 195 / 193"

And it keeps going up so I think it's faulty. I'm not concerned about it though. As long as I'm getting shares and it's pumping me some $$$, I don't give a damn.
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post #11818 of 22535
Quote:
Originally Posted by dealio View Post

each $85 USB stick mines LTC @ 70kh/s

you need 11 USB miners to mine as fast a 280x (~770kh/s)

one 280x costs at least $375 (if you are lucky), plus cost of the rest of the rig.

11 times $85 + $30 (for a usb hub) = $965, plus the host computer (pretty much any computer with USB will do)

so yeah, i stand on my "LTC ASICs cost 2-3 times as much as similar GPU rig" approximation

10x 5chip miners is 2600 dollars for 3mh and inclues PSU/USB hub/controller. Ends up being almost as expensive as regular gpus.
post #11819 of 22535
that is a much better proposition.. if you have a preorder, arent 5chips really hard to get?
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post #11820 of 22535
Does anybody mining vertcoin with 280x's mind posting their config? I can't get the thing to mine with the vertcoin version of cgminer.


Edit: NVM I figured it out. Vertcoin requires a lot of RAM for some reason so I had to put in 8 GB.
Edited by MotO - 2/7/14 at 4:03pm
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