Archive for the ‘Mining Hardware’ Category

It seems that everyone is releasing Cryptonight ASIC miners out of the blue, there is information and websites in China starting to offer PinIdea RR-200 Cryptonight ASIC miners that are promising 27 KH/s Cryptonight and 55 KH/s Cryptonight-light mining performance at 350 Watts of power usage with a price similar to that of the Baikal Giant-N. So the RR-200 promises a bit faster hashrate and comes at pretty much the same price and shipping immediately directly trying to compete with the Baikal offer. Unfortunately at this point it is hard to confirm this new miner for sure as the official PinIdea website seems to be down and there is no info on their official Facebook page about a new Cryptonight ASIC being released, so treat this information with caution!

Meanwhile another ASIC manufacturer, Halong Mining, has tweeted that they are also planning on releasing a Cryptonight ASIC, though they have been busy lately with miners for other algorithms. The Bitmain Antminer X3 was also recently announced, though it will be a while before their much more powerful devices start shipping. At the same time crypto coins using the Cryptonight algorithm are talking about forks and switching to a new ASIC proof version of the algorithm that can make all of these ASIC miners obsolete with Minero (XMR) leading the way. That is probably why more ASIC manufacturers are trying to push hardware to users that might have been mining for them for a while and are now trying to sell it as fast as possible before it becomes useless. So a word of warning – be extra careful and plan well with Cryptonight ASIC miners!

If you thought that recently announced Baikal Giant-N Cryptonight ASIC miner is powerful and is going to kill the Cryptonight GPU mining you might want to reconsider. Bitmain has just announced their response in the form of the Antminer X3 Cryptonight ASIC miner and it is much more powerful than what Baikal Miner is offering. The Bitmain Antminer X3 promises 220 KH/s hashrate for Cryptonight at 550 Watts of power usage, so 11 times more powerful than the Giant-N at roughly 2 times higher price and shipping the second part of May. By the time these devices start shipping Monero (XMR) will most likely not be mineable anymore with Cryptonight ASIC miners along with some other coins that have announced plans to fork in order to remain ASIC resistant, so all the extra hashpower will need to go somewhere else.

At a price of $11999 USD per device and limited to just 1 unit per order Bitmain is accepting only BCH and USD payments for the miners. The second batch of Antminer X3 is planned to start shipping a month later, so in the second part of June with a significantly lower price of $7599 USD, though who knows how many Cryptonight coins might fork to ASIC resistant implementation by then. Just to be on the safe side be careful with the Cryptonight ASICs from Baikal and form Bitmain in order not to end up with a piece of useless hardware that can hardly mine anything profitable, even with its very high performance.

For more information about the upcoming Bitmain Antminer X3 Cryptonight ASIC miner….

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…