Originally Posted by ZytheEKS
Weren't you just saying a couple weeks ago that scrypt ASICs are just rumors?
Anyways, I don't think they'll hit scrypt as hard as they hit SHA-256, it's $3800 for 5MH/s which is right around $760/MH/s, similar to what you could get with GPUs, in fact depending on how/where you buy it's more expensive than GPU mining. As many have predicted it's not as price/performance friendly, but it's WAY more power/performance friendly. The Alpha Tech Viper, which is the 5MH/s for $3800 one, uses between 60w-100w depending on how lucky you are.
So all in all, the guys who were spending boat loads on GPUs are going to switch to the ASICs, the people who use mining in off times to help pay for their hobbies will still be able to benefit just as I was saying a while back.
So yeah, like many others were predicting, ASICs are going to drop Rx 200 prices greatly.
You either are either trolling me good or not reading good.
It was established gridseeds existed before they were sold to the public, this was acknowledged and known. There were models out for a long time before it was sold in mass quantitys. Even with the USB miner. Gridseed is a 300-400kh/s for $200 and not a 5mh-25mh/s miner that costs almost $10,000. Complete different ball game.
There are more scam companies selling asics then there are real ones. You can even follow forum threads in actual cryptocurrency forums to see what people are doing and updating about each individual company. There is a huge thread on litecointalk as well as bitcointalk
There are a lot of people who are going to lose money just like they did with bitcoin asic miners.
Most are fake, it's just obvious. The only luck you will ever have with alpha tech is actually of receiving one. The alpha tech doesn't use 60-100w because it doesn't exist. It's nothing more than a rumor and a 3d rendered image online until a board appears.. Theres no sample, no prototype, just images of designs, and plans. Until their release date passes we can't say anything, but until they do not exist until then
Do we know how long these gridseed units will last? No, neither do the people who bought them, hopefully they last untill ROI for them because asic miners have no resale value if something bad happens to scrypt.
What is funny is how drastic the price dropped from a $279 MSI 270 to a $170 MSI 270 on newegg, people are going to clean up with high supply and low demand, and it's going to be rinse and repeat
http://www.newegg.comEdited by INCREDIBLEHULK - 3/16/14 at 1:31am
Originally Posted by Tobiman
Really? can you post a few?