Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
Sophokles
on 11/01/2014, 12:23:52 UTC
Ok. Who the FUCK has that 700+ MH/s farm?

I mean Christ, that's ridiculous. And the hash power has been increasing over the last week. Is this a botnet or something? How else would it be possible to have that much power, AND a steady increase?

It's a chinese "mining plant". They're using super-powerful chips which can mine BTC and LTC at same time. One chip can perfrom 84 KH/s peak performance and price is 65 USD.
If all 700 MH/s is coming from these computer chips it means this group of people has over 10 000+ and slowly increasing.  

so, making some calculations, these people paid probably around 650,000.00 USD for 10,000 units "Gridseed GC3355" (plus PCB engineering and assembling costs ) for having 600 Mh/s for LTC mining, and 22.5 Th/s for mining BTC ... Smiley

the famous chip  --> Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC https://bitcointalk.org/index.php?topic=355268.0

data sheets --> https://github.com/gridseed

65 USD ist the price for evaluation samples. They probably got them a lot cheaper in bulk.