Available from these sellers.Used (1) from $65.00 + $5.49 shipping Gridseed ASIC Miner for Litecoin and Bitcoin Mining Available from these sellers.What other items do customers buy after viewing this item?2,784 Rev 2 GekkoScience 2-Pac Compac USB Stick Bitcoin Miner 15gh/s+ (BM1384x2) 8 816 Sabrent 13 Port High Speed USB 2.0 Hub with Power Adapter And 2 Control Switches (HB-U14P) 824 Product description Used in a farm dedicated to Scrypt mining exclusively.333KH/s - 450 KH/s at 4-7 Watts through overclocking.I ran these on 4 Watt Raspberry Pi, so the low energy costs beats most products on the market, even to this day.Product information Product Dimensions 5.6 x 5.2 x 3.8 inches Item Weight 1.2 pounds Shipping Weight 1.2 pounds Manufacturer Gridseed ASIN B00J4XPKJU Origin Imported Item model number USB MINI 5-CHIP GC3355 Customer Reviews 3.8 out of 5 stars Best Sellers Rank #18,929 in Industrial & Scientific > Industrial Electrical > Wiring & Connecting > Cables & Interconnects #29,105 in Electronics > Accessories & Supplies > Cables March 20, 2014 Warranty & Support Product Warranty: For warranty information about this product, please click here Feedback If you are a seller for this product, would you like to suggest updates through seller support?

Would you like to tell us about a lower price?See questions and answers 5 star55%4 star24%3 star7%2 star1%1 star13%See all verified purchase reviewsTop Customer ReviewsNeat first asic you will never make your money back ...Awesome sell Does what it's suppose toEasy setup, lots of fun, don't expect to make much money doing it.do not buy this.and still happy with amazonDecent Scrypt MinerBetter than advertised Customer Images See all customer images Most Recent Customer ReviewsSearch Customer ReviewsCoinbaseCoinbase Adds Litecoin and Prices JumpJeff John RobertsYou've probably heard about the digital currency called bitcoin.But you may not realize there are literally dozens of other so-called alt-currencies out there that work in a very similar way and that, like bitcoin, their value has been soaring in the last year.While bitcoin is far and away the biggest—its market cap is more than twice all the other alt-currencies combined—some of its rivals are gaining traction.

These include Litecoin, a currency introduced in 2013 by former Google employee Charlie Lee, and that is currently the fourth most valuable alt-currency.Litecoin, as its name suggests, is a "lighter" version than bitcoin.It can process transactions four times faster and has not run into the sort of controversies related to scaling for growth that are currently consuming the bitcoin community.Get Data Sheet, Fortune’s technology newsletter.But despite its history and positive reputation, it hasn't experienced the same recent dramatic increase in value as bitcoin or ethereum, which is the No.2 alt-currency on the list.One reason for this could be that Litecoin is harder to obtain than those other two currencies.That changed, however, on Wednesday as the popular digital currency exchange service Coinbase made it possible for people to buy and sell Litecoin.And, indeed, prices jumped over 25 percent on the Coinbase news according to the site Coin Market Cap.The Coinbase tie-in is significant because is by far the most popular way for ordinary people—as opposed to dedicated crypto-heads—to buy and sell digital currency.

Litecoin's appearance on the platform means it is suddenly a lot more liquid as an asset.Lee, the Litecoin creator who is now head engineer at Coinbase, is (unsurprisingly) bullish about the currency's potential.bitcoin book epubBut his optimism is not just due to the fact it's now easier to buy and sell Litecoin.As Lee points out, Litecoin is in the middle of adopting a number of new technologies (such as Segregated Witness or SegWit) that increase its transaction speed—bitcoin backers have been trying to implement similar improvements for months, but the process has been caught up in internecine fighting."Webitcoin edinburghhave all the cool scaling technology.bitcoin diy minerBut the reason we adopted SegWit was not for the scaling features, but because it allows for instant payments off-chain," said Lee, referring to a method for clearing transactions using a variation of the digital currency's core computer protocol.This week's development is likely to give a boost to Litecoin, though it's unlikely the currency will ever emerge as real challenger to bitcoin—a mantle increasingly being adopted by relative newcomer ethereum.xbox one bitcoin miner

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world.Litecoin is an open source, global payment network that is fully decentralized without any central authorities.bitcoin bowl game scoreMathematics secures the network and empowers individuals to control their own finances.bitcoin fundraiserLitecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency.litecoin mining für anfängerWith substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.bitcoin bbc mundoThe Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin.litecoin key

Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.Miners are currently awarded with 50 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks).The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending litecoins.This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software.

The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.It is very easy to start using Litecoin.If you have never before then you can follow these steps to test your hardware: If you want to mine Litecoins with your CPU, double click on the file "MineWithCPU.bat" from the folder "Mine Litecoins with CPU".If your hardware can handle it, your computer will begin mining Litecoins for a test worker I've set up at the mining pool POOL-X.It could take several minutes before you get a share though.Mining Litecoins with your CPU isn't very effective, but you can experience how it works by executing this file.If you want to mine Litecoins with your GPU, double click on the file "MineWithAMDGPU.bat" from the folder "Mine Litecoins with GPU/AMD" if your graphic card has been manufactured by AMD (Ati).If your card has been made by Nvidia, double click on the file "MineWithNvidiaGPU.bat" from the folder "Mine Litecoins with GPU/Nvidia".

If your hardware can handle it, and the miner I've included recognizes correctly the graphical card you've got on your computer, it will begin mining Litecoins for another test worker I've set up at the mining pool POOL-X.It could take minutes before you get a share though.Mining Litecoins with your GPU is the way to go nowadays.There are people who have several graphic cards set up to mine Litecoins at the same time, so it might take you several days to get an entire Litecoin with a single GPU.You can experience how GPU mining works on your card by executing the corresponding file though.Now that you have tested your hardware and know you can mine Litecoins correctly, you may join a mining pool and change the name of my workers and the URL of POOL-X which you can see if you edit the files "MineWithCPU.bat" and "MineWith(AMD/Nvidia)GPU.bat".Write instead the names of the workers you created on your pool of choice and its URL:port so as you can mine Litecoins for yourself (this URL:port information is given to you when you make an account on a mining pool).

If you don't know how to join a mining pool then this may be a problem.If you want to mine Litecoins solo (it's a possibility if you have VERY good hardware), follow these steps: Copy the file "litecoin.conf" provided in this package to your Litecoin working directory (most likely "C:\Users\YOURNAME\AppData\Roaming\Litecoin").Now navigate to the directory where Litecoin was installed (most likely "C:\Program Files (x86)\Litecoin\") and execute litecoin-qt.exe.Wait until you are fully synchronized with the network.Execute the file "SoloMineWithCPU.bat" from the folder "Mine Litecoins with CPU", the file "SoloMineWith(AMD/Nvidia)GPU.bat" from the folder "Mine Litecoins with GPU/(AMD/Nvidia)" or both of them.Your computer resources will begin mining Litecoins.It could take you a LOT of time before you find a full block.Or maybe you are extremely lucky and find one in one minute.It's impossible to know!Note 1: the miner provided for CPU mining is Pooler's CPUminer 2.3.2, the one for AMD GPU mining is CGMiner 3.7.2 and the one for Nvidia GPU mining is CudaMiner-2013-11-15.