Looks like another spike in hash rate on LTC. I wonder if it is the Gridseed ASIC coming on line. It might start pushing out the GPU's.
I dont think it would be the gridseeds.
The only thing they have going for them is lower power consumption.
In terms of price vs their hash, GPUs still win.
It takes at least 2 gridseeds to get around 700kh/s
But if you're like me and electricity is expensive, ASICs are the way to go now.
Im seriously thinking about selling my GPUs, so yeah they are getting pushed out.
the thing a lot of people don't seem to understand about the gridseed chips is that their effect isn't based on individual performance like the sha-256 asics. It's that a bunch of new hash can be deployed. AMD hasn't been keeping up with the demand leading to a huge price spike in gpus and shortages.