All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Bitmain Antminer C1 is a new interesting offer coming from Bitmaintech, a 1000 GHS Bitcoin ASIC miner with water cooling. The new Antminer C1 ASIC miner comes in a kind of DIY form as Bitmain is only selling the mining unit with integrated water block for the ASIC chips, the rest of the cooling you need to buy separately and install yourself. The Antminer C1 miner is being sold for 1 BTC or $349.34 USD at the moment and you can buy a ready kit with the rest of the water cooling components for extra $50 USD or use your own components to complete the cooling solution of the miner. The C1 miner is offering 1000 GHS hashrate with a power consumption of about 800W according to the specifications quoted by the manufacturer and you will have a bit more power usage for the additional fans and the water pump for the water cooling part.
The new Bitmain Antminer C1 Bitcoin ASIC miner with water cooling should offer a quieter operation, making it suitable for use by home miners and with the winter coming this could turn out to be a nice combination of quiet device that provides you with a heating for the winter. The drawback with the Antminer C1 using this approach for water cooling is that it may not be suitable for everyone, especially people with no experience in water cooling solutions for computers, even though the suggested ANT C1 kit should be easy to install. The miner does not come ready to be used and you need to buy extra hardware form a separate supplier, a decent and cheap choice apparently offered as an option, or use more expensive and serious PC water cooling components to make the miner operational.
BitMain has revealed a new 63 GHS AntMiner U3 SHA-256 ASIC miner designed for home users as the successor of the previously available USB stick miners that the company offered. The device is apparently made for home users that do not want serious noise levels or high power usage. It is more of an interesting and affordable device for users that are new to ASICs or just for a fun “toy”, don’t expect the U3 USB miner to actually make you some serious profit or something like that. The Antminer U3 is based on four BM1382 ASIC chips resulting in 63 GHS worth of hashrate and is priced at $56 USD per unit or 0.151 BTC at the moment (without shipping). The AntMiner U3 USB miners (connected to a PC via USB, not powered by USB) should start shipping on November 5th, or with other words less than 2 weeks from now. There is however a catch, if you want to order the BitMain AntMiner U3 directly from the manufacturer you will not be able to get a single unit, the minimum order quantity is 20 units. So this kind of defeats the purpose of directly ordering it from BitMain if you are an end user, but we are probably going to see some of BitMain’s partners also offering the miner for people that might be interested in purchasing single units.
BitMain AntMiner U3 ASIC Miner Specifications:
– Hash Rate: 63 GH/s at 0.75V
– Power Efficiency: 0.8 Watt/GH/s on wall at 0.75V
– Voltage: DC 12V input, 6A
– Chip Quantity per unit: 4
– One 80mm fan
– Noise: ~25 DB at 25 °C ambient temperature
– Hashrate and VDD core voltage can be adjusted via cgminer command line
– USB connection
– 12V AC/DC power brick of 6A, but power line not included
– Certificate Compliance: FCC/CE
Note that the noise level of these should be pretty low indeed at just about 25 Decibels, there is no exact power usage quoted, but it should be less than 70W which the supplied power adapter is apparently capable of as maximum. With the cited power usage of 0.8W per GHS the actual power usage should be close to about 50 Watts for the whole unit or maybe slightly more. The devices should be overclockable apparently through the cgminer command line, so there should be some headroom for increasing their hashrate with the expense of a bit more power usage. Again do note that these miners are low hashrate and low powers, designed to be silent and used by home miners just for fun and not as a means to make profit as they many not even be able to get you a return of investment in the foreseeable future.
Have you looked at the specifications of the currently available generation of Bitcoin ASICs lately while considering getting a miner in order to get some coins at home? As Bitcoin network difficulty is progressively increasing every ~13 days, the hardware manufacturers are already hitting the limits of the 28nm production technology and the BTC exchange rate stays at low levels things are not looking good. We have checked what you can expect to earn with some of the SHA-256 ASIC miners for Bitcoin and have done some calculations that you can see below using the current network difficulty as a base.
SHA-256 ASIC Miners for Bitcoin:
Rockminer R3 Box – 450 GHS @ 450W – $185 USD
BitMain AntMiner S3+ – 453 GHS @ 355W – $215 USD
Rockminer T1 BOX – 800 GHS @ 1000W – $349 USD
BitCrane T-110 – 1.1 THS @ 1100W – $1299 USD
Spondoolies-Tech SP20 Jackson – 1.7 THS @ 1100W – $1190 USD
BitMain AntMiner S4 – 2 THS @ 2000W – $1250 USD
Looking at the list of miners above you can see that they are actually not that many options available that you are currently able to order and get very soon in your own hands. There are some miners available for pre-order with next month shipping or Q1 2015 expected availability for example but we have not included these. KnCMiner’s Neptune is also not included as these are not being sold at the moment and even if they did at the last listed price nobody would be buying them anyway. We have not listed some other miners from companies that are supposed to be shipping, but we have not found a single trustworthy review or confirmation from anyone that actually received a product from them.
Expected daily mined BTC with the current network difficulty:
Rockminer R3 Box – 0.006466 daily, 0.04526 weekly, 0.194 monthly
BitMain AntMiner S3+ – 0.006509 daily, 0.04556 weekly, 0.1953 monthly
Rockminer T1 BOX – 0.01149 daily, 0.08043 weekly, 0.3447 monthly
BitCrane T-110 – 0.0158 daily, 0.1106 weekly, 0.474 monthly
Spondoolies-Tech SP20 Jackson – 0.02443 daily, 0.171 weekly, 0.7329 monthly
BitMain AntMiner S4 – 0.02874 daily, 0.2012 weekly, 0.8623 monthly
Do note that the above numbers represent what you can earn with the hashrate that the specific ASIC miner provides with a Bitcoin network difficulty remaining at 35,002,482,026 for the duration of the whole specified period. Also these numbers represent the mined coins and you would need to subtract the costs for the electricity from them based on the power usage for the miner and your electricity prices per kWh in order to get an actual profit you will get. As you can see even 2 THS are already not that much and you are going to mine less than 1 BTC per month with this hashrate and with the current sub $400 USD price for Bitcoin when you subtract the electricity fee (can get to half the mined coins) things do not look promising. So for small time miners Bitcoin mining with ASIC miners is not very interesting anymore and even for larger farms things might not be that bright as you might think, so it is no surprise that some of these are selling their hashrate in the form of cloud services. The only thing that could make Bitcoin mining attractive to normal users again is a significant increase in the price of BTC, so you can be mining now and keeping the mined coins waiting for that to happen…