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Lets hope these guys dont do a Avalon/BFL on the self mine crap 
I think you mean, "Let's hope they STOP self mining. :p
https://bitcointalk.org/index.php?topic=259649.msg4350064#msg4350064
They are presently pushing 800MH/s on Middlecoin
http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html
Anyone still thinking about getting into GPU mining better give up now. This is going to go down exactly the same way bitcoin did. GPUs will be dead soon.
At 60 khs per chip? Na...GPUs arent dead for another two or three years.
Even the others (Alpha & Fibonacci) aren't that fast per chip, the main advantage is power and management.
Even the others (Alpha & Fibonacci) aren't that fast per chip, the main advantage is power and management.
AND They are not keen selling them. With prices ppl suggest here. If you have Machine laying golden eggs while none else have why would you sell it. Also this is totally GEN 1 hardware and totally in line what first SHA Bitcoin ASIC:s were performing. The Chip is not super performer but what it does it does it 1/40th of the Electricity of GPU rig
PPL are blinded by current GH and TH of BTC ASIC. If and when they get mass sampling of this chip what would stop them putting 160 chips in a Blade taking 70-100W and producing massive 9.6MH/s thats 12 GPU rig right there in 1 single ~70W blade.
Price? dont dream about it. They will mine and overprice the chip to cover R&D costs and get healty profit before dumping them into the market. If you are first you are First.
-Edit-
http://www.middlecoin.com/reports/1M3jtksp1upR33SX1VzeCfH5x9fc6zKykR.html
Been following above middlecoin address and they have add around 100MH/s daily there. Thursday - Friday - Monday - Tuesday - Today i just saw 957MH/s accepted. It is past 1GH/s accepted hashrate tomorrow evening. That would be closer 2000 AMD GPU units in mining rigs and rough numbers would be what 500-700 kw/h power and heat at minimum. I'm no professional but i would say it's not easy to obtain that much power. Compared these chips would do it with 7-15kw/h which is nothing.
specs are here
https://github.com/gridseed/gc3355-doc/blob/master/GC3355_DataSheet.pdf
And holy shit, it claims to do 59.6 KH/s while using 0.44 W
This is 0.00738 W/KH/s versus 0.300 W/KH/s for a GPU -- a 40.7 fold increase in efficiency. This is about the same increase in efficiency as compared to BTC when ASICMINER first introduced its chips; I'm curious to see how they did it.
https://github.com/gridseed/gc3355-doc/blob/master/GC3355_DataSheet.pdf
And holy shit, it claims to do 59.6 KH/s while using 0.44 W
This is 0.00738 W/KH/s versus 0.300 W/KH/s for a GPU -- a 40.7 fold increase in efficiency. This is about the same increase in efficiency as compared to BTC when ASICMINER first introduced its chips; I'm curious to see how they did it.