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Baikal Giant-N, The First Cryptonight ASIC Miner
13 Mar2018
Baikal Miner has started selling their new Baikal Giant-N ASIC miner and it is the first Cryptonight and Cryptonight-light ASIC miner on the market, essentially taking away another algorithm from GPU miners. The Cryptonight algorithm was mostly in the domain of AMD GPUs as they were performing faster than Nvidia price/performance wise, but now that is about to end apparently. With 20 KH/s hashrate for Cryptonight and 40 KH/s for Cryptonight-lite at just 60 Watts of power usage any GPU feels out of date already, even AMD’s VEGA GPUs with just about 2 KH/s are not interesting for mining these algorithms anymore. So Monero (XMR) is going to become the next major ASIC only coin with the many Cryptonight-based alternatives following when the Giant-N miners start hitting the market, unless of course they fork to another algorithm.
The price of the new Baikal Giant-N ASIC miner is not listed on the website, but if you request a quote you will get a $3600 USD price with a minimum order quantity of 6 devices and the devices are apparently shipping already. It already seems that Monero (XMR) could be the first one to fork to a new version of the algorithm that will net be mineable by this new ASIC device and if others coins follow you may actually end up with an expensive piece of hardware that might not be very usable, so be careful if you are considering to buy one or more of these ASIC miners.
– Visit the official Baikal Miner Giant-N Cryptonight ASIC miner product page for more details…
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8 Responses to Baikal Giant-N, The First Cryptonight ASIC Miner
w00t
March 14th, 2018 at 17:14
No wonder XMR was planning fork in March… looks like its just about to happen. Interesting if Baikal will be able to adopt. Time will show, for now i would not buy it, to be sure what it can and can not.
John Doe
March 14th, 2018 at 19:10
Interesting stuff. Least you can get a return with the first batch. Unless everything gets forked which then your out of luck. But the miner doesn’t support Monero. Do you guys think halong mining is a scam company? There wordpress site is kinda bad and rushed.
https://halongmining.com/wp-login
https://halongmining.com/wp-login.php?redirect_to=https%3A%2F%2Fhalongmining.com%2Fwp-admin%2F&reauth=1
wordpress 101
butka
March 14th, 2018 at 22:06
Yeah, it can be a risky investment if there’s a fork coming. I don’t know how they managed it, but only 60 Watts of power consumption is pretty amazing, don’t you think?
black guy
March 14th, 2018 at 22:10
if this thing hits the market it will be devastating to amd miners worldwide! now is the time more anti asic and anti claymore dual mining algos
DB
March 14th, 2018 at 22:35
IMHO this is not true. There is no way that machine runs at 60watts. The high-power fan alone will be 100 watts. And if they are not accurate about watts, I don’t trust any of the information
Bensam123
March 15th, 2018 at 06:39
A box fan uses around 100w~ on high. A rPI uses 2.4w~. This is definitely possible. Cryptonight has always been extremely memory intensive and really nothing else.
Sort of interesting XMR would take such an aggressive stance against ASICs. Cryptonight has been largely botnet and AWS fodder for years till Vega came around. If you were around two or so years ago, it was negative for GPUs.
QuintLeo
March 15th, 2018 at 11:03
A box fan on high uses less than 50 watts – even the Delta 240 CFM monster only eats about 4 amps of 12VDC.
Monero has already mentioned forking to change the algorithm – I suspect they’ll wait ’till right after this unit and the Antminer X3 start SHIPPING to do the change – otherwise they might end up having to do a second fork shortly.
Larry Revels
October 9th, 2018 at 01:15
October 8 2018:. As of right now are there any asic miners for ETN? How about cloud mining? At one time Genesis was mining ETN, but not know.