Quote from: phzi on March 26, 2014, 08:57:11 AM

Quote from: gtraah on March 26, 2014, 08:53:13 AM

I must off missed the part where some one explained this 25gh miner.... Like what the hell? This cannot be GPU right? If this is Asic , then more people like this = say bye bye to standard scrypt coin - DEMOLISHED.... Fair enough if thats GPU power but GEEEEEZ thats like 1000s of GPUS Is this serious? WHat the FFFFFF

It's been talked about many times. Chinese operation - you can look up the user 'sfire' on these forums for a bit of background. He was originally the "MiddleCoin Whale", left there and was mining litecoin for a while, and then was on WafflePool for quite a while (their hash contribution grew from 5GH, 8GH, 10GH, to 20GH+), went over to GHash.IO, came back to WP for a bit, and it looks like they are back at ghash again mining LTC.

They are operating mainly off of GPUs, but I believe they recently doubled up their operation with gridseed ASICs.

1000s of GPUs tho - yes. And 1000s of little ASIC chips. Economies of scale - if it makes sense for all of us to do it in our homes, then it makes even more sense for someone to do it in multiple factories with the advantages of bulk purchasing and commercial utility rates.

Wow yeh I asked the question before and then did not come back on the thread for a week or 2 and must of missed the reply...Definitely a group with millions and with investment on their minds.. 25ghs DAymm

thats like 50-60K per day FUARKKKKKKKKKKKKKKKKK *drools... Money back in a couple months then WOah Woah WOoahHHh