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Post by drwho1 on Feb 20, 2014 8:28:00 GMT -6
At the current funding level how many Gridseed miners do you estimate you will be purchasing?
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aybc
New Member
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Post by aybc on Feb 20, 2014 13:06:13 GMT -6
yes, what is the current timeline?
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Post by gmrpr7 on Feb 20, 2014 17:49:13 GMT -6
From a GRID Bitcointalk post by fasbit:
"1 Mining Unit cost is $160 / 650 = .2461 BTC - yields .3mh/s
Not amazing...but its very low wattage and low heat.
In Shares, that is about 241,600 shares for 1 mining unit."
They cost $160 and we have approx 65 BTC (~$36,790 @ $566) in funds. Looks like about 230 miners by my calcs (I may be wrong!), but the drop in BTC definitely isn't helping. Damn, GOX....
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Post by fasbit on Feb 21, 2014 10:33:31 GMT -6
As for timing... I have contacted GRIDSEED but they are slammed with requests from mainland China. We cant get in the queue until we place an order. I am trying to convince them to accept CHY from BTer instead of taking our BTC converting to USD and then international wire then they convert to CHY. I want to skip that whole process. Its in the works... It looks like the slide has stopped... so that is a good thing... I just hope btc continues to rise...
We will lose some buying power if we exchange now... so maybe this short delay is a good thing... give the market time to sort out the GOX debacle...
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Post by fasbit on Feb 21, 2014 10:34:26 GMT -6
As for number of miners, we will be purchasing the USB controller as well. One controller runs 15 gridseed units.
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Post by fasbit on Mar 2, 2014 17:40:10 GMT -6
Gridseed miners are for sale in California zoomhash.com/ for $300.00 each. They cost us $160.00 EACH. |
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Post by galvin on Mar 5, 2014 20:33:16 GMT -6
I take it you got these much cheaper than retail. So if we were to sell these at retail what would the price be?
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gnarl
Junior Member
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Post by gnarl on Mar 5, 2014 22:54:34 GMT -6
Look Up One Post...
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Post by fasbit on Mar 6, 2014 17:56:49 GMT -6
Our cost is less than $170. Retail is $300
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gnarl
Junior Member
Posts: 24
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Post by gnarl on Mar 9, 2014 14:42:07 GMT -6
The announcement on cryptostocks said the order was placed and paid for, did you get a delivery date yet?
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Post by fasbit on Mar 9, 2014 19:24:49 GMT -6
The announcement on cryptostocks said the order was placed and paid for, did you get a delivery date yet? No... just a ship date. It will ship from Beijing to Shenzen on Tuesday. At that point we will get a tracking number and a delivery date. |
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Post by imbiat on Mar 9, 2014 23:11:53 GMT -6
The announcement on cryptostocks said the order was placed and paid for, did you get a delivery date yet? No... just a ship date. It will ship from Beijing to Shenzen on Tuesday. At that point we will get a tracking number and a delivery date. do you know how many shares equate to a physical miner? or are there still details about the shipping that will affect the calculation? |
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gnarl
Junior Member
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Post by gnarl on Mar 10, 2014 13:48:01 GMT -6
The announcement on cryptostocks said the order was placed and paid for, did you get a delivery date yet? No... just a ship date. It will ship from Beijing to Shenzen on Tuesday. At that point we will get a tracking number and a delivery date. That means they are moving this way, awesome news! |
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Post by fasbit on Mar 15, 2014 23:21:23 GMT -6
Anyone researched the 350khs or 400khs option? Im not sure if its a firmaware issue or a hardware upgrade or just a different model.
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Post by gmrpr7 on Mar 16, 2014 0:32:10 GMT -6
They vary in performance as you can see here:  Plus you can mess with the frequencies and overclock like GPUs, although I don't think ASICs respond as well to overclocking. |
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