Reddit reviews Gridseed ASIC Miner for Litecoin and Bitcoin Mining
We found 7 Reddit comments about Gridseed ASIC Miner for Litecoin and Bitcoin Mining. Here are the top ones, ranked by their Reddit score.
gridseed, scrypt asic miner, bitcoin miner, low power mining.
Well...
I have roughly 760kH/s Scrypt myself (2 Gridseeds), for which i should be charged $15.20.
What 760kH/s (or 15 bucks and 20 cents) are:
What 760kH/s (or 15 bucks and 20 cents) are NOT:
I love seeing services being built around RDD, but quite frankly, you seem to be charging a tad too much and misleading the customer because 15 bucks of your product will NEVER get you 325k+ RDD, maybe an order of magnitude less...
...then again i could be wrong.
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Edited for clarification.
If you're in the USA, you can usually source those for less on Amazon.
A single 65w power supply with a 4-way adapter is more than enough to power four Gridseeds (at 8w each) safely in scrypt-only mode. You could probably power 6 to 8, but I like having space in the power envelope to work with.
It's wrong, because that is a bitcoin/SHA256 ASIC, which won't mine any doge at all. It will earn about $3 a day mining BTC.
If you want to mine dogecoin or any other scrypt based coin you'll need a Scrypt ASIC such as this one or this one
http://www.amazon.com/gp/offer-listing/B00J4XPKJU/ref=sr_1_1_olp?s=electronics&ie=UTF8&qid=1398178944&sr=1-1&keywords=gridseed&condition=new
Boom gridseeds for $130. Get yourself two. You'll be prepared for any scrypt coins to come :)
http://www.amazon.com/Gridseed-Miner-Litecoin-Bitcoin-Mining/dp/B00J4XPKJU/ref=sr_1_1?ie=UTF8&qid=1418697347&sr=8-1&keywords=gridseed+asic&pebp=1418697351733
This article seems to neglect that dual-miners have existed for a long time. They weren't great, but they aren't in any way infeasible. Most miners are familiar with the Gridseed ASIC Miner for Litecoin and Bitcoin Mining. They seem pretty quick to dismiss this product as a scam, without really providing any solid reasons.
Do you have a link?
I also found one:
http://www.amazon.com/Gridseed-Miner-Litecoin-Bitcoin-Mining/dp/B00J4XPKJU
I think ideally a proof of work would require a CPU, and it is possible to make a mining algorithm like that, however any algorithm different from bitcoin's means there is no overlap in the influence of a btc miner. I actually think the current bitcoin miners are smarter than they are being given credit for but decentralization of power/influence will be very positive for at least the next 5 years in my humble prediction.