Scrypt Asic
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Yes, I have ordered them . FTC China established mining pool.
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Zerodrama. Those arent correct prices! the price is 1300 for 3000-3600 kh
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[quote name=“MrFeathers” post=“52655” timestamp=“1389884769”]
[quote author=zerodrama link=topic=6943.msg52617#msg52617 date=1389869997]
[quote author=HopeStillFlies link=topic=6943.msg52583#msg52583 date=1389845122]
[quote author=TrollboxChamp link=topic=6943.msg52580#msg52580 date=1389844293]
Its gone live… This is gridseed running 930 MH of scrypt asic.[url=http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html]http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html[/url]
[url=https://bitcointalk.org/index.php?topic=355268.0]https://bitcointalk.org/index.php?topic=355268.0[/url]
[url=http://cybtc.com/thread-4792-1-1.html]http://cybtc.com/thread-4792-1-1.html[/url]
[/quote]Everyone better be glad they’re not in the same room as me.
I’m making some [i]noises[/i].
They can’t put this stuff up for sale fast enough.
[/quote]It’s crap. Costs $4270 for 3.6MH/s LTC.
[/quote]True it doesn’t seem to be cost effective for anyone to pay those prices. The chips probably cost near nothing to print and gridseed will only sell when its much more profitable than mining themselves, hence the high price. At prices like that, GPUs are a way better investment. Even if electricity is too high to mine, it makes much more sense to buy ftc than buy one of these. And the argument “buying crypto is too risky because if it fails you have nothing” also applies here. If crypto fails these will have zero resale value since they are specialized for mining. So again, you are better off buying the coins. Hence, the only reason to buy one would be for the novelty/hobby value.
[/quote]at least, BitCoin’s ASIC might be useful for things like bruteforcing…
there are still MANY database out there that utilize SHA256 without a seed. An ASIC with 600GH/s (2k USD) can easily bruteforce 10 characters or more within days.Given the fact that people have done it with a GPU cluster of 5 (6 billion calculation/s each), for Windows XP/Vista/7 password. 600GH is 100x more each!
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Interesting and exciting, I hope this thread keeps us upto date!
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[quote name=“mattmct” post=“52695” timestamp=“1389891615”]
Interesting and exciting, I hope this thread keeps us upto date!
[/quote]Thats my intention. Allowing our members to make the most informed purchases with their hard earned money. Decisions which will ultimately benefit feathercoin! Lets have some of the strongest adoption rates of these machines in turn giving us voting power on scrypt networks.
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[quote name=“TrollboxChamp” post=“52698” timestamp=“1389891868”]
[quote author=mattmct link=topic=6943.msg52695#msg52695 date=1389891615]
Interesting and exciting, I hope this thread keeps us upto date!
[/quote]Thats my intention. Allowing our members to make the most informed purchases with their hard earned money. Decisions which will ultimately benefit feathercoin! Lets have some of the strongest adoption rates of these machines in turn giving us voting power on scrypt networks.
[/quote]Good man, cheers :) +1
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[quote name=“zerodrama” post=“52617” timestamp=“1389869997”]
It’s crap. Costs $4270 for 3.6MH/s LTC.
[/quote]Oh, that’s genuinely disappointing. I thought they were aiming for roughly $1=1khs[quote]Zerodrama. Those arent correct prices! the price is 1300 for 3000-3600 kh[/quote]
Can you link to that projection?
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[quote name=“HopeStillFlies” post=“52735” timestamp=“1389901151”]
[quote author=zerodrama link=topic=6943.msg52617#msg52617 date=1389869997]
It’s crap. Costs $4270 for 3.6MH/s LTC.
[/quote]Oh, that’s genuinely disappointing. I thought they were aiming for roughly $1=1khs[quote]Zerodrama. Those arent correct prices! the price is 1300 for 3000-3600 kh[/quote]
Can you link to that projection?
[/quote]The minimum is 10 units not 10 chips. There are multiple chips per unit.
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Yeah. I guess the info i read was wrong. Most information is confirming that price of 4500 or so.
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Could you tell me how to use Bitcoin ASIC for brute force?
Can this be used for vanity address generation?
Regards,
[quote name=“eaxvac” post=“52669” timestamp=“1389887500”]
[quote author=MrFeathers link=topic=6943.msg52655#msg52655 date=1389884769]
[quote author=zerodrama link=topic=6943.msg52617#msg52617 date=1389869997]
[quote author=HopeStillFlies link=topic=6943.msg52583#msg52583 date=1389845122]
[quote author=TrollboxChamp link=topic=6943.msg52580#msg52580 date=1389844293]
Its gone live… This is gridseed running 930 MH of scrypt asic.[url=http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html]http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html[/url]
[url=https://bitcointalk.org/index.php?topic=355268.0]https://bitcointalk.org/index.php?topic=355268.0[/url]
[url=http://cybtc.com/thread-4792-1-1.html]http://cybtc.com/thread-4792-1-1.html[/url]
[/quote]Everyone better be glad they’re not in the same room as me.
I’m making some [i]noises[/i].
They can’t put this stuff up for sale fast enough.
[/quote]It’s crap. Costs $4270 for 3.6MH/s LTC.
[/quote]True it doesn’t seem to be cost effective for anyone to pay those prices. The chips probably cost near nothing to print and gridseed will only sell when its much more profitable than mining themselves, hence the high price. At prices like that, GPUs are a way better investment. Even if electricity is too high to mine, it makes much more sense to buy ftc than buy one of these. And the argument “buying crypto is too risky because if it fails you have nothing” also applies here. If crypto fails these will have zero resale value since they are specialized for mining. So again, you are better off buying the coins. Hence, the only reason to buy one would be for the novelty/hobby value.
[/quote]at least, BitCoin’s ASIC might be useful for things like bruteforcing…
there are still MANY database out there that utilize SHA256 without a seed. An ASIC with 600GH/s (2k USD) can easily bruteforce 10 characters or more within days.Given the fact that people have done it with a GPU cluster of 5 (6 billion calculation/s each), for Windows XP/Vista/7 password. 600GH is 100x more each!
[/quote]
