Posts Tagged ‘Baikal Miner

The Baikal Miner BK-X ASIC miner has received an update adding support for two more crypto algorithms, namely Nist5 and X11Ghost, bringing the total number of supported algos to 7 with more promised to be added later on. The Baikal Miner BK-X was originally introduced as Baikal Giant X10 and it had support fonly for X11, Quark and Qubit algorithms, but since then support for Myraid-Groestl, Skein and now Nist5 and X11Ghost has been added with even more apparently coming. In order to get access tot the two new mining algorithms you will need to update the OrangePI Zero controller that the miner uses to the new version 1.2 on your Giant X10 or BK-X ASIC miner.

On a side note Baikal Miner has been running some “crazy” sales on their other two ASIC miners, The Baikal Miner BK-N for Cryptonight and Cryptonight-lite is in pay 1 get 5 sale ($1900 USD) and the Baikal Miner BK-B for Blake256R14/Blake256R8/Blake2B/Lbry/Pascal is in pay 1 get 2 sale ($2699 USD). This is a hint that there is not much demand for the two devices apparently, especially for the Cryptonight ASIC where the competition is very big and coins have already started switching to the new CryptonightV7 like Monero (XMR) leading the way that is already not mineable with these devices.

Here you can find the updated OrangePI Zero image that you need to flash on the device…

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 With 20 KH/s hashrate for Cryptonight and 40 KH/s for Cryptonight-lite at just 60 Watts of power usage any GPU feels out of date already, even AMD’s VEGA GPUs with just about 2 KH/s are not interesting for mining these algorithms anymore.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…