Used (1) from $65.00 + $5.49 shipping Gridseed ASIC Miner for Litecoin and Bitcoin Mining Available from these sellers.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 #18,841 in Industrial & Scientific > Industrial Electrical > Wiring & Connecting > Cables & Interconnects #28,985 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?

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 Reviewsbitcoin satoshi nakamotoThis is a paid press release.buying bitcoin for darknetCointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page.most accurate bitcoin exchange rate

Readers should do their own research before taking any actions related to the company.Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.Hashflare is pleased to announce up to 42% discount off all orders of Bitcoin, Ethereum, DASH, Zcash, and Litecoin cloud mining contracts for the next week.ethereum germanySimply sign up for a free account for up to 42% off all cloud mining purchases until November 27th only: the best value Dash, ETH, BTC and LTC cloud mining to be found.bitcoin plugin firefoxWith over 3 years experience in the industry, the platform also offers lifetime Scrypt and Bitcoin cloud mining contracts, and one year ETH contracts, with many features including proof of hashrate, mining pool selection, and instant payouts.bitcoin ticker uk

Run by established cryptocurrency mining hardware provider HashCoins, which has over 3 years experience in the industry, HashFlare offers the ultimate Dash, Bitcoin, Scrypt and Ethereum cloud mining experience for users.An important feature of the HashFlare platform is that customers can see and monitor their hashrate live, and even choose the mining pool they wish to mine on.This demonstrates that HashFlare is running a real cloud mining operation and is renting real mining hardware to users.bitcoin pump dumpUsers can also find the most profitable mining pool for their hashing power.ethereum coin totalHashFlare also offer instant Bitcoin, ETH, Zcash, and DASH withdrawals, lifetime contracts with no fixed end date, user mining pool allocation, fixed fees, and a user dashboard with highly detailed statistics.bitcoin profitability calculator

Anyone, anywhere worldwide can easily cloud mine Bitcoin, Litecoin, Ethereum, Dash, and now Zcash, with no specialized knowledge or the need to maintain specialized mining hardware.All that needs to be done is sign up for a free account on HashFlare and purchase a contract that will instantly begin mining Bitcoin, Dash, Litecoin or Ethereum.Learn more about lifetime Bitcoin, Scrypt, or one year Ethereum, Zcash, and Dash cloud mining contracts with NO maintenance fees, which represents the best value on the market, please go to: https://hashflare.io Claim 42% off all BTC, ETH, DASH, Zcash, and LTC cloud mining purchases until November 27th only Hashflare is the source of this content.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections.This press release is for informational purposes only.Cryptocurrency prices are volatile, and profitability of cloud mining contracts change over time due to mining difficulty rates, exchange rate fluctuations, and other factors.

Nobody disputes Bitcoin as the “gold standard” of cryptocurrencies.No other coin comes close to market cap and daily volume (in USD).Bitcoin, as the pioneer of the crypto economy, has enjoyed the benefits of being the first mover in this new financial era.Likewise, it is generally accepted that LTC is the “silver standard” of cryptos.From its design to its inception, Litecoin has been branded the “silver to bitcoin gold”.Indeed, in the announcement of Litecoin’s launch from Charlie Lee, he stated: “Litecoin is the result of some of us who joined together on IRC in an effort to create a real alternative currency similar to Bitcoin.We wanted to make a coin that is silver to Bitcoin’s gold.” Has the design of Litecoin succeeded in its expressly stated goal?Let’s take a look at how the comparison actually holds up, and explore the reasons behind what is found.Direct Comparison of Litecoin as “Silver” and Bitcoin as “Gold” Gold is a precious metal with an extremely limited supply, and silver is a precious metal, limited in supply, but not to the degree of gold.

The historic gold/silver ratio is right around 16:1, meaning 16 ounces of silver would equal 1 ounce of gold.The current ratio of gold to silver is approximately 64:1, or 0.015625.Bitcoin was designed to be a digital equivalent of gold, and thus has an extremely limited supply, and is “mined” in a digital representation of gold mining.Litecoin is limited in supply, but not to the degree of Bitcoin.The designed ratio between BTC and LTC is 4:1, meaning that in the ultimate final count, there will be four litecoins for every one bitcoin.The current BTC/LTC ratio is approximately 80:1, or 0.01239, a 20% difference.Not bad for a few coins with 3-5 years of history behind them.The all-time high price of Bitcoin was reached on November 29, 2013 as it touched $1,242 per coin, on the same day that gold traded for $1,240.The all-time high of Litecoin was reached on November 28, 2013 when it touched $48.47 per coin.In late April of 2011, the all-time high for silver was reached at $49.76 per ounce.

This renders Litecoin’s all-time high to within 3% of the all-time high of silver.It’s hard to think that anything but the silver analogy is what propelled Litecoin to so close a value as silver.It’s hard to look at these numbers and state that it’s all a coincidence.The current ratios as well as the high points are very similar.The numbers are simply too close for it to be coincidence.More likely than not, the psychologocal link has been made, and as the market has long held gold and silver to be valued at what they’re worth, the two big coins in the crypto economy, based on the monetary theories of gold and silver, have risen to mimic the standards upon which they were designed.Remember, humanity has valued, and thus has had a market for, gold and silver for millenia, so the concepts and values of these precious metals are ingrained into the human economy.Everyone knows that gold is valuable, and silver is valuable, and everyone knows that gold is worth more than silver.It’s in the human psyche.

It’s no big stretch of the imagination to conclude that Bitcoin and Litecoin, designed to be the crypto equivalents of the two big precious metals, have succeeded in mimicing their relative values.So, what does this mean for the future of Litecoin and Bitcoin?If the link is maintained and continues to be reinforced (which is a significant “if” considering how young the whole crypto economy is), we should be able to predict the ratios to some degree of certainty.Lately the news for Bitcoin has been pretty stellar, with more merchants accepting it, more investors interested in it, and more individuals learning about it.The future for Bitcoin is bright, and it is reasonable to expect that Bitcoin will eventually overcome all the bad press it endured during the 2013 year, and with it, the current lower prices.Litecoin is still primarily in the shadows, with fewer merchants, investors and individuals knowing about it, and fewer being interested in it.) and a new client (Litecoin Core).