Gridseed Blade Miner hashrate - Crypto Mining Blog
Is Gridseed miners worth it to mine litecoin? : litecoinmining
Mining Calculator Bitcoin, Ethereum, Litecoin, Dash and Monero
Plz Help. Have I found a Discrepancy in Slush Pool?
I may have found a bad discrepancy in Slushpool's reporting... Can you guys cross-check it for me? I'm not happy to say this, and rather than accuse anyone, I'd just like to get some second opinions. If I'm wrong, I ask redditers to politely explain why this discrepancy appears to be happening. After all, maybe it's my math, or logic, or facts missing, etc... But if there is a discrepancy, it could affect major things like payouts, theoretically... and I mean in a major way... retroactive for years. My concern starts with the average speed per worker of the bitcoin mining pool, on Slushpool. As I write (12/26/17 Pacific time, around 11pm), Slushpool currently says it is running at 1.587 Eh/s. https://slushpool.com/dashboard/?c=btc The website also says there are 62810 workers in the pool. I want to calculate the speed per worker. Speed per worker should be expressed in Th/s, so to reduce it to common terms, we need to convert the pool's global Eh/s to Th/s... which means to multiply the Eh/s by 10002... one thousand, squared. The speed of Slushpool was 1.587 Eh/s, so we set it up like this: 1.587 * 1000 * 1000 = 1587000 Th/s. † Now to get from Slush Pool's total Th/s to Slush Pool's average Th/s per worker, divide total by number of workers... (1587000 th/s) / (62810 workers) = 25.26 Th/s per worker. So I got the number I was looking for... excellent. You might say "Okay, interesting, so the average worker is mining at 25.26 Th/s. NP. Cool."... But what you SHOULD be doing here is asking HOW ON EARTH ANY WORKER IS MINING AT 25.26 TH/S, and even moreso how THE AVERAGE worker mining on Slush Pool is mining at that speed. The fastest miner on the market is the s9, and it mines at 14 Th/s. So how is the average miner on Slush Pool more so much faster than the very best miner on the market, today? The S9, The BEST MINER on the MARKET, today, is only 56% the speed of the AVERAGE miner on Slush pool. Now, maybe somebody built a specialized frankenminer in a laboratory... maybe someone uncovreed a secret cache of Spondoolies SP50 miners... which was designed to mine at a whopping 110th/s, for example... but Spondoolies went bankrupt in 2016, and production was halted. Even before then, they didn't make too many sp50's, and they were restricted to special clients. So... assuming it isn't legacy Spondoolies sp50's doing this mystery hashing, how else can we explain the high h/s on Slush Pool? Maybe someone got really good at overclocking... maybe they cooled the hell out of their miners, so they can run at super fast speeds. Would that really be enough to yield 25.26 Th/s? Is that credible? Is it possible or plausible? ... Even if some miners are achieving that incredibly blazing speed, would the AVERAGE miner be achieving it? Don't forget about how the AVERAGE includes all these micro miners, as well... misfits like the u3, gridseed orb, blade miner, s1-s5, running in a dorm rooms, etc. There are hobby miners who would pull the average h/s (per miner) on Slush Pool down alot. So, how is it possible that the pool is running at this speed? Better asked... IS it possible, and if so, how? And if it's not possible, then what are we looking at? If the pool operator is overstating the total hashing power of the mining pool, then are payouts being reduced according to a false ratio, where the divisor in the ratio is artificially large? The payouts are based on that... they depend on it. So are the payouts on Slush Pool being artificially shrunken? If the total Eh/s of the pool is really much lower than what they say, then I'd have to suspect that it is. But I am absolutely NOT saying for certain that this is what's happening. It's what my suspicious anxiety closet suggests could be happening... but I really don't know. That's why I'm asking you guys to help sort this all out, and explain to me whether these concerns are misguided or not. I'm asking a question, here... not throwing accusations. Frankly I think it is more likely that I've made an error of some kind, either miscalculating or possibly unaware of some vital detail, than that the net's oldest and most respected mining pool is doing something like this. It is very likely there's a good explanation for the apparent discrepancy, but I do not know what it is... so again, I'm asking you, reddit, if you can evaluate this reasoning and comb it for flaws, math errors, weak factual assumptions, and/or whatever else might explain what I'm seeing, or if you can confirm the math and logic framed in the questions I've asked. Thanks everyone, and have a happy new year. † (Here is a site which tells the relation) https://bitcoin.stackexchange.com/questions/9219/what-is-the-difference-between-kh-s-mh-s-and-gh-s/21498 (here is a site with a calculator which goes from E~ to T~. Although it does not have Eh/s and Th/s, you can use Ehenry to get the same mathematical result. https://www.translatorscafe.com/unit-converteen/inductance/5-4/gigahenry-terahenry/
I often look a prices for miners and wonder "Is that a good price?" and "Will I make an ROI at all?" I've created a simple formula where you can, at a glance, tell if it's a good price or not. It called it the Profit Ratio Profit Ratio = Price / MH/s This formula is not meant to be detailed, but rather it gives you a quick yes or no. If it's a yes, you can then put the numbers your ROI calculator. I highly recommend the one one bitcoinwisdom.com With that said, the formula makes some assumptions/estimate: 1. LTC is used as the coin 2. The value of one LTC is around $8 3. It does not take into account pool or power fees. 4. The price is meant to be a final number, it should include shipping, tax power supplies, accessories, etc. 5. It's based off of getting an ROI after 6 months of mining. 6. It takes into account a difficulty increase of 5% 7. If the market becomes volatile, the target profit ratio number will change. With the market as it stands today, the target Profit Ratio is 22. The lower the number the better. Example 1: Gridseed Blade $300 / 5.4 MH/s = 55 This means at the current retail price you will never get an ROI with a Gridseed. You would need to get it for $100 (100/5.4 = 18) to get about a $40 ROI in 6 months. Example 2: KNC Titan Mini $4,000 / 200 = 20 At the current retail price plus shipping and accessories at 6 months you will get an ROI. With this formula I looked at the major players in the hashing game (GAW, KNC, Zeus, Innosilicon, Hashra and Gridseed) and not a single miner available today yield an ROI in 6 months. Keep in mind, with rising difficultly, the average time a miner will yield ANYTHING of significance is about 9 months. So what can make money? The Titan and Vaultbreaker, along with their smaller counterparts are the only device that can yield a return. They aren't going to be in our hands until at least October, so who knows where the market will be then. It's rather sad because mining if a fun hobby where you can make money, but in reality the only ones making a profit are the ones selling you the equipment. In case you are interested, here is how I created my formula, which will allow you to adjust it in the future. 1. Pick at least 5 mining devices of varying hash rates. 2. Go to the bitcoin wisdom lite coin mining calculator. 3. Plug in all of the specs for your miner, but specifically looking at the cost and the hash rate. 4. The fiat doesn't really matter, so you can pick BTC, LTC or USD 5. Switch to the month view so it's easier to read. 6. Keep dropping the price down until you get a positive number in the Return column 7. Enter the price and the hash rate into a spread sheet. 8. Divide the price by the hash rate for all 5 miners and take the average of that value. 9. This will give you your new Target Profit Ratio
[USA-FL][H] Chromebox with Kodi, Apple Laptop, Windows netbook, HP Microservers, Android tablet, Cell Phones, 3d Printers, Xbox 360, Other misc items. [W] Paypal, Google Wallet
I have a bunch of different items for sale. All items do not include shipping. Please PM me your zip and I will calculate shipping. I will consider best offer on anything. I will also consider trades however I do not need anything specific so would prefer cash. I have prices listed for Paypal. I prefer google wallet and will deduct paypal fees. All items come in original box. If you would like any additional pictures please let me know. I also have available a $50 Google Play Credit that I am looking to sell for $40 Google Wallet Only. Must be activated by tomorrow (31st). Will send code via PM right after payment. Chromebox
Chromebox with Kodi installed - $160 each 3 available. They are all brand new. I have it setup to boot to Kodi. No addons or extras preinstalled (But can install on own) just Kodi. I find these much faster and more stable then android.
Zotac Zbox with Kodi installed - $200 Dual core Intel Atom with Nvidia ION Video, 2gb memory, 32gb SSD, Bluray reader, Card Reader, HDMI and optical audio out. I have kodi installed on it now but can install windows or linux as you choose. I had this as a media streamer on my tv. Worked great.
ASUS EeeBook X205TA 11.6" Laptop with 2GB RAM 32GB Flash - $150 This laptop is Like New. I purchased to install Linux on and find out wifi on board is not compatible with linux. I did finally get arch installed but wound up getting something that was more compatible. Currently has Windows 10 installed and updated.
Macbook Pro - $700 13" Aluminum Macbook Pro Model MD101LL/A Includes 2 AC adapters and Orange hard plastic spec case. 2.5ghz Core i5 Processor, Upgraded to 16 gb ram, Upgraded 320gb 7200rpm Hard drive (for data), Upgraded 120gb SSD for the OS (Due to 2 Hard drives, the dvd drive has been removed but is included)
FlashForge Creator Pro - $850 Each I just completely ran through and cleaned both printers. I have tested both with Abs and Pla with a few various prints. Each will come with a new roll of Abs filament. All parts are included and printers are fully functional. (2 available)
Want to get started mining defcoin with an ASIC and a Raspberry Pi? Does 360 KH/s of mining power sound appealing? Here’s how to do it. https://pbs.twimg.com/media/Blpj8IvCcAEIStY.jpg 1) Hardware List -Raspberry Pi Model B --SD Card --Micro USB power supply --Ethernet cable -Gridseed ASIC --12V power supply (5.5mm/2.5mm barrel connector) --USB to Mini USB data cable The main component is the Gridseed ASIC, which will be doing the Scrypt calculations. The Raspberry Pi will be used as the controller for the ASIC, and will be doing the communication with the mining pool. If you’re not familiar with the term, an ASIC is an Application-Specific Integrated Circuit - basically a chip with a single purpose, like mining crypto currency. Using an ASIC will allow us to mine more efficiently than we would be able to with general purpose hardware. The ASIC that I’m using is a “300+ KH/s Single Gridseed ASIC Miner”. It looks like a CPU heatsink with a fan attached. There is actually a circuit board with 5 ASIC chips sandwiched between two halves of this heatsink, and has a mini USB connector and a power connector sticking out the side. There are a few places where you can buy these. I bought mine at GAWMiners.com for $130. That was the lowest price that I could find, and I had a good experience buying from them. Use this link, and you can get $20 off of a $200 order (and give me some referral points :-)) GAWMiners. You can also find other vendors by searching for “Gridseed ASIC”. You’ll need a 12V power supply to power the ASIC, and a USB A to USB Mini B cable to connect the ASIC to the Raspberry Pi. I’m using a 60W power supply, which seems to be working fine for defcoin (Scrypt) mining. These ASICs can also mine Bitcoin at the same time, but you may need a beefier power supply if you want to do that. The Raspberry Pi can be purchased at any number of places- Amazon, SparkFun, AdaFruit, etc. I’m using the Model B because I had one already, and also because it has a built in ethernet port that will make connecting to the internet easy. Make sure to get an SD Card and a micro USB power adapter to get the Pi up and running too. 2) Software If you haven’t already, download the defcoin wallet from defcoin.org. If you want to do pooled mining, create an account for one of the defcoin pools, such as redbaron.us or whichever other pool you want to mine. Once you’ve created a pool account, make sure to create a worker too (for MPOS pools, that will be under My Account > My Workers). The password for your worker does not have to be the same as the password for your pool account (and it probably shouldn’t be). Next, download the latest Raspbian image from raspberrypi.org/downloads/ and install the image to your SD card. Instructions for installing the image can be found here. If you are using the dd method on a Mac, make sure to use /dev/rdiskX instead of /dev/diskX - both will work, but rdiskX is much faster. Once you have the image installed, put the SD card in the Raspberry Pi, connect the Pi to your network, and connect the Pi to your micro USB power adapter to power it on. Next, SSH in to your Raspberry Pi with the default username and password pi/raspberry. I use nMap to find the IP address that has been assigned to my Pi. You can also use an HDMI display and a USB keyboard to log in instead of using SSH. After logging in for the first time, run through the wizard that comes up to configure your Raspberry Pi. The defaults are fine for most things, just make sure that you don’t skip the step to expand the filesystem to use the rest of your SD card. If you don’t expand the filesystem, there won’t be enough space for other software. Once you have Raspbian installed, and have gotten through all of the first login setup stuff (which will likely end with a reboot), log back in to the Raspberry Pi with the pi user. From the command line, run sudo apt-get update sudo apt-get dist-upgrade There are some stability issues with USB communication between the Raspberry Pi and the Gridseed ASIC. Enabling SLUB debugging seems to resolve this, at least well enough to prevent the Raspberry Pi from freezing every so often. Open the /boot/cmdline.txt file, and add the following text to the end of the line. Don’t add a new line, just add this to the end. You can use vi, nano, or whatever your favorite text editor is to do this.
Reboot the Raspberry Pi once you’ve added that flag to your /boot/cmdline.txt file.
sudo shutdown -r now
Log back in with the pi user once the Raspberry Pi is finished rebooting. The mining software that we’re going to use is a customized version of cgminer that has support for the Gridseed GC3355 chips that are used in our ASIC. There are a number of different mining programs out there, this is just what has been working the best for me so far. First, install git and dependencies needed to compile cgminer.
cd cgminer-gc3355 autoreconf -i ./configure --enable-scrypt --enable-gridseed make
Once the make command finishes, we’re ready to run the mining software. You can also run make install if you want to install the software, but running it out of the build directory works just fine. Plug in the power supply for your ASIC, and connect the ASIC to it. Connect the USB cable to the ASIC and to your Raspberry Pi. Run the mining software by running the following command. The -o option specifies your pool URL, the -u option specifies your username and the workername that you set up for the pool, and the -p option is the password for your worker. There are a couple of options available that are specific to the gridseed ASICs, and those will be placed after --gridseed-options. The freq=850 option sets the clock frequency of the ASIC to 850 MHz. There are other clock options available, but 850 seems to be working best for me. I was getting hardware errors at 900, and a lower average hash rate. I am getting about 360 KH/s with the clock frequency set to 850.
This command needs to be run with sudo in order to access the USB hardware. You can also create another user specifically for mining, or grant the pi user the appropriate permissions if you don’t want to run cgminer as root. When you run this command, you should see output from cgminer showing that it is communicating with the mining pool, and something showing your hash rate. If you’ve gotten this far, and you’re seeing output from cgminer showing a hash rate, congratulations, you’re mining defcoins with your ASIC! There are just a couple more steps to do if you want to let your Raspberry Pi and ASIC continue mining without needing you to be logged in. To keep cgminer running after I log out, I am using nohup. You could also use screen instead of nohup. Create a script (startMiner.sh) by running the following commands.
If you run this command with sudo startMiner.sh, cgminer will run in the background, and will continue running after you log out. If you want to have this run when your Raspberry Pi boots, modify your /etc/rc.local script so that it executes this startMiner.sh script. Your /etc/rc.local file will end up looking like this:
# Print the IP address _IP=$(hostname -I) || true if [ "$_IP" ]; then printf "My IP address is %s\n" "$_IP" fi /home/pi/startMiner.sh exit 0
Since early 2013, digital currency market though has been low but this has offered new opportunities for the chip manufacturers of this industry. During the last decades of 18th century to the first decades of 19th century owing to the gold rush in the US a large number of the stakeholders and the land speculators become millionaire overnight. The opportunity to mine the gold in the mountains across rivers attracted the miners in flock. Later the management studies disclosed that in the spate of ‘rush for gold’the business with the most lucrative perspective had constantly been ignored---The Ferry. The case studies pointed that whenever the river interdicted the crazy gold miners there was an abrupt rise in ferry business. In 2013 a hit in the Bitcoins (a kind of digital currency), miners, buyers, investors hype have let Bitcoin market reach a remarkable high and set a new trend of money transfer through Bitcoins instead of currencies. Afterwards especially in the last hour of 2013, some incipient security faults of Bitcoin transactions started to surface. Added with the phenomenon of sudden rise and fall of the Bitcoins led to the consequences into the ban on bank-account-to-bank-account transactions of Bitcoins in China. On May 2014, the US Securities and Exchange Commission released a notice that the investment risks in virtual currency are mounting high. The tightening regulatory and unstable market has made a many Bitcoin merchants lose money. However, this collective "heat” has brought new opportunities for the chip suppliers. Redefining Financing Li Feng, the CEO of Gridseed, graduated from Department of electrical engineering, Tsinghua University. Like many young entrepreneurs in IT field, he also beat the path in Internet, mobile, games, animation, hardware, and other fields of this business. For 15 years, Li Feng has gained the experience of product design, marketing, strategic planning and project management etc. that has laid the foundation for his success in the chip industry. At the beginning of 2013, Gridseed team entered the chip design field of the digital currency. "At that time, our main business was to design the mining machine chip for digital currency" Li Feng said. "At the beginning of the establishment, our team didn't imagine the Bitcoin currency market would suddenly be heated to such an extent that within half a year the Bitcoin would catch the eyes of even a layman in China." In January 2013, one Bitcoin was worth 100 RMB, & later in October 2013, the Bitcoin transaction leaped to 8000 Yuan. Being different from the traditional money the central bank, government organizations, and enterprise support or the credit mechanism were not interested to show their pendency through the Bitcoin transactions. Noticeably, the requirement of the network agreement torrent file for the bitcoin transactions is based on the password encryption, and the complex algorithm. The whole process of the transaction involved the professional knowledge of computer. Therefore, from the first few years of the 2013, most of the faithful users of the Bitcoins in China have been the IT professionals and the students. When the bitcoin exchange rose to RMB 8000 it attracted the attention of a many crazy investors and also the elderly people raised the greed to make money in China. Sky is the limit for the bitcoins and it has been impetus to the development of the industry chain. A large number of IT professionals and entrepreneurs have plunged into the Bitcoin market with a madness to dig the ‘gold’. While mining, a bitcoin miner would do calculations through the mining device (computer hardware) to produce bitcoins or do confirm the transactions through Bitcoins. Bitcoin miners would get a currency as a reward for the confirmation of the transactions and also a new bitcoin. “For the high efficiency mining output there is a specific requisite of the mining hardware set up and software support. These devices are considerably expensive.” Li Feng added. Li Feng envisaged the lucrative perspective on doing research and development on the mining chips and founded Gridseed Company. Nevertheless, as a start-up-company the shortage of funds was inevitable and when Li Feng is already engaged in Bitcoin business he acknowledges the fact that the bitcoin niche making is the most difficult part of the financing. In the entire bitcoin production chain; including the research and development, and manufacturing of the mining devices, mining transactions and applications, the most lucrative among these to draw the venture capital have been the transactions and the payment processes. The reason is simple; the chip manufacturing is at the most upstream of the industry, the investment return rate is very low, and when there are those who do not want to pay then the restrictions on the transaction is quite obvious. Time is the most important aspect for a business to grow. Due to the surge in the Bitcoin market since October 2013, Gridseed does not need foreign investment to run independently. In December 2013, Gridseed introduced the GC3355 mining chips and in January 2014, they started using the chip with dual mining capacity for Bitcoins and Leticoins. The unique colorful USB (called, Chrysanthemum) was available in the market. Since then the company has entered into the positive loop. “In one month we have already bought more than one lakh pieces of this device and most of them have been sold to the overseas market. To my amusement some of the big mining industries have already bought more than thousand devices.” Lifeng added. In fact, in this competitive era of digital machine some of late entrants have used a different approach to solve shortage of their fund related problem. “Now there are some of the industrialists who are engaged in pre-sale through the method of ‘procurement production’. Lifeng explained. ‘Procurement production’ is a situation when a customer with a partial or full payment of a piece of device to the seller reserves a piece of device in their name before it is manufactured. But this way the whole risk is imputed on the miners because the degree of the difficulty of the mining of bitcoin is increasingly becoming tougher and therefore if the device were delivered considerably later then the date of manufacturing this would certainly bring loss to the miners. “Keeping the interest of the miners in mind bitcoin mining devices would be traded on stock.” Lifeng convinced the reporter. ‘Biting’ Chip With Internet ‘Taste’ After resolving the funding barrier, Lifeng and team had to face another more difficult barrier. Traditional chip companies could not keep up their pace with that of the industry of the digital currency. For example, the computing capacity of the Internet is increasing by each second and in order to cope up with the Internet industry the bitcoin chips research and development, and the replacement cycle needs to be faster. As a customary, the replacement of a chip was required per year but now we need to update these chips every 3 to 6 months. Ever since the Gridseed was established owing to the shortage of production workers and the sales staff, research and development at Gridseed was not able to reach the customers directly. Once the chip was produced the authorized dealers were contacted immediately for sale, and the mining production company did directly sold it too. This method did not give the chip industry any chance to understand their customers and the need of the end users. This could also be true that the retailers and the distributors did not integrate with the end users and therefore it was hard to control the listing cycle. Li Feng recommended that the pace of the chip industry must go hand in hand with the Internet industry. However the chip industry and the Internet industry are the two sides of a coin. Internet is developing fast rapidly. If an Internet product or an application is left online then that could be modified with each feedback given by the online users. But in case of chips, unlike Internet industry once it is packed and is sold one could not get a chance to upgrade the chips again. To keep the pace and to shorten the replacement period; Gridseed engineers have worked till four O’Clocke in the morning for the entire month during the spring festival. Lifeng though agrees that relying on long working hours is not the long time solution. Last November, Li Feng decided to let the Gridseed take complete control of the production supply chain. In simple terms the Gridseed would have the agency to hardware design, mass production and rapid scale deployment. “The feedback mechanism on the Internet and rapid designing of the chip production, provision of services are the potential enterprise of competence in the future”. He said. The chip production, research and development, packaging and other process have to be taken into account with equal weightage. The time is capital and must be converted into cash. Li Feng introduced that in most cases we need to give three sets of hardware solution but mostly one of them would be used and rest two would go in vain. This simply means the enterprise would face risks since the research and development of the chips though would not bet finished but the later procedures would already be accomplished and leading the wastage of the residual devices. With the due course of time Gridseed has enriched experience and have learned to regulate the production chain and supply the best product to the market. Gridseed already uses its TSMC account and therefore has the authority to operate the chips independently. Each industry has its own pattern of development. Although the digital currency is at its low in the market but with the scrutiny of Chinese state regulatory system and the Internet transaction and up gradation of the payment mode, I believe that the digital currency mining industry through Internet based chip would stand stable and would carry on the path of the development.
Crypto Currency Management is an investment vehicle in the bitcoin space. Our mission is to provide a consistent ROI to our shareholders in the form of weekly dividend payments in BTC. To achieve our mission our team has developed a three-pronged approach to earning bitcoins as outlined below: - Analyze altcoins and mine what we forecast will provide the highest return of bitcoins. - Trade btc and altcoins using our proprietary trading strategies - Invest in promising cryptocurrency companies that we have thoroughly researched Based on our investing strategy we have calculated that we can consistently pay out a minimum ROI of 12% per year per share of the original IPO price (0.05 BTC). In addition to regular dividend payments we will periodically release special dividends. Our team members have backgrounds in internet security, web development, futures trading, equities trading, derivatives trading, and investing. We have extensive experience with mining and trading cryptocurrencies, and investing in cryptocurrency companies. Crypto Currency Management (CCM) is offering 1,000 shares out of 100,00 non-dilutable shares at 0.05 BTC/share. These funds will be used to upgrade our mining operation and implement our trading and investment strategy. Why CCM? CCM offers significantly more upside than simply investing in a mining operation. As you can see on altcoin exchanges, altcoins can make outsize moves, oftentimes increasing in value by 10x or more. This is where you can take advantage of our expertise. We offer a unique investment opportunity by integrating mining with trading, as well as finding longer term investment opportunities. Our mining operations will provide for steady dividends for your shares. By investing in CCM, you will help to finance the purchase of multiple miners, some of which will serve to produce dividends, and some of which will serve to mine coins we deem to have the most upside potential. You will benefit from trading returns via special dividends separate from the weekly dividends. You will participate in the growth of the bitcoin universe through our investments in cryptocurrency companies with the most potential. Some of these companies pay dividends, a portion of which will pass through to you in your dividends, and a portion of which will be used for re-investment. We are currently mining with a KNC Jupiter which provides an average of 670 GH/s. With the proceeds of the first round of share sales we will purchase additional mining equipment. Going Forward We are offering these shares in order to scale up the strategy that we've developed. We have personally invested in mining equipment that is operational. With the proceeds from your investment we will scale up our mining operations which will also boost our trading and investing operations and increase revenue. We are committed to our shareholders in our mission to provide a consistent return in BTC. CCM shareholders will receive weekly dividends starting May 11th, 2014. To purchase shares pm me or email us at [email protected] Check out our website at www.cryptocm.com Update 04/25/14 In the last two weeks since our launch we are pleased to share with the community that 155 shares have been sold and are in the process of acquiring another miner. Please take a look here for the details: https://docs.google.com/spreadsheet/pub?key=0ApkS6A7hULv1dDJOMzc2R1hMb3kwLWlLTVVYNDVxd2c&output=html Furthermore we've updated our website and are planning on launching a blog in which we'll be posting our outlooks and thoughts on crypto currency. Check us out here: http://www.cryptocm.com Update 05/07/14 GridSeed Blade 5MH has arrived and is up and running. Update 05/11/14 We are pleased to announce that dividends have been paid out right on schedule. You can check out the details here: https://docs.google.com/spreadsheets/d/1qzz-hPnUbmg0c0RaYMc7EY9ijiQujIuo3iaQs8yi1tw/pubhtml Transaction on Blockchain: https://blockchain.info/tx/86cdd0237995025a4307dca6ad5973ee7f359e6270dd3e508700f570a4783cbc Next expected dividend payout will be on 05/18/14.
Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? The Litecoin mining profitability results and mining rewards were calculated using the best LTC mining calculator with the following inputs. A LTC mining difficulty of 9,306,159.70, a LTC mining hashrate of 2,200,000.00 KH/s consuming 2,100 watts of power at $0.10 per kWh, and a block reward of 12.50 LTC at $48.37 (LTC to USD). These charts are based on 10 gridseed miners vs 10 sapphire 7950s at $200 bought used with other necessary hardware factored. (Based on Goldcoin mining, #1 on coinchoose.com right now) Gridseed: 3500+/- khs $3,827.69 annual profit// $1800-$2300 upfront 7950:--- 6000 +/- khs $5,079.57 annual profit// $2870-$3000 upfront Both have their pro's and con's: A gridseed farm in theory should be less Miner for Bitcoin and AltCoin such as LiteCoin, FeatherCoin and any Scrypt based mining. Unique, dual function ASIC chips will mine both SHA256 (BotCoin) and Scrypt (most other altcoins, check before buying). USBMiners is another Netherlands, Europe-based company that sells not only Gridseed products, but also various other mining hardware in the form of SHA-256 ASICs and even GPU miners. They offer the single CG3355 chip DualMiner at a price of 79 EURO and a single 5-chip Gridseed ASIC will cost you 124.95 EURO and yo have options for multiple unit
I review in depth how to use the Gridseed G-Blade 4.5 Mh/s miner, discuss the viability of mining for scrypt-based coins, and give an update on the cryptocurrency mining ecosystem of miners. Sure do hope you enjoyed the video make sure to like and sub. For Mining BTC Miner software cpuminer-GC3355-win32-fixed .zip http://download717.mediafire.com... New Free Btc Mining Site 2020 New Free Bitcoin Earning Site 2020 0.002 BTC Live payment Proof Link: https://bit.ly/2OzuEzQ Subscribe to our channel: ht... 3 MH/S 3000 KH/S 3000 KH/S Miner 55nm 6 MH/S Asic Asic Miner Asic Mining ASIC Scrypt ASIC Scrypt Miner Big Bit Bitcoin Bitcoin Miner Bitcoin Mining Dual Miner GC3355 Gridseed Hybrid Miner Lil Bit ... How to setup Gridseed 5 Chip ASIC Miner to mine bitcoin and litecoin - Duration: 9:58. Eyeboot 45,502 views. ... USB Asic Miner Red Fury bitcoin miner 2.4~2.9 GH/s ~new and improved version ...