According to this
review, the 5-chip Gridseed Miner pulls almost 60W mining Litecoin and only does around 350KH/s...
Is there something I am missing? Why are people spending $300 on this ASIC, when a ($110-150) Radeon 7850 has equivalent specs and about the same hashrate (ie 350-380 KH/s)??
Try reading their updated post about a fixed cpuminer.
Try reading the official guide:
https://bitcointalk.org/index.php?topic=494625.0 
325 kh/s at 10W is way better to host for heat and power than 250Kh/s @ 10-20x the power and heat.
Just because you changed your joke to a somewhat real hosting share program, don't start lying about stats.
Gridseed is doing 300 khs at 50-60 watts these days. They claimed 10 watts, but none of the reviews show that low power use.
Even a $200 ($230 now) R9-270 will do 450khs at 150 watts. Hardly 10-20x the power.