Posts Tagged ‘PinIdea

PinIdea has updated their product range with a new 17GHS X11 ASIC miner named DR-100 in order to be able to cope up with the increased competition from Bitmain and Innosilicon with their recently announced new X11 miners offering significant X11 hashrate boost. PinIdea seems to be planning to start shipping their new X11 ASIC miner in September with first-come first-served principle. Currently the miner is already out of stock due to the big demand apparently (or limited number of units), even with the price of a single unit close to almost 3 BTC.

PinIdea DR-100 X11 ASIC specifications:
– HashRate: 17000 MHS (+-5%)
– Power: 820W (wall power +-5%)
– Dimensions: 28cm x 18cm(h) x 15cm(w)
– Weight: 5KG
– Interface: Lan (100m/1000m)
– Fan: 2x 14038 Double ball fan (55DB)
– Operating Temperature: 0C~40C
– Mining Software: Custom CGminer

For more information about the PinIdea 17GHS X11 ASIC Miner DR-100…


PinIdea is the second company to release X11 ASIC miners and apart from their large DR-1 miners that apparently had some issues with shipping they are ready to start shipping smaller X11 USB ASIC miners in a few days. PinIdea X11 USB ASIC Miner DU-1 is supposed to offer about 9 MHS X11 mining hashrate with about 7 Watts of power usage (1.4A at 5V), so you will need to use these with powered USB hubs capable of 2A per port to have some extra headroom. The price of the X11 USB miner DU-1 is set at 9 DASH or about $65 USD with the current exchange rate of DASH/USD (the price should include shipping cost) with shipping scheduled to start on May 24th.

The small X11 USB ASIC miners should help provide the decentralization that X11 crypto coins need after the first large ASIC miners hit the market with a lot of hashpower in the hands of a few users. Not to mention that many people will probably get these miners just for fun and not considering ROI time and such as even though they are not that much powerful, they are still something fun to play with if crypto mining is your hobby.

We have actually pre-ordered the large PinIdea DR-1 X11 ASIC miner a while ago as we wanted to review it as we did with the iBeLink X11 ASIC miner, but due to the issues the company had with shipping and miners arriving damaged we got a refund until they resolved the issue. Meanwhile PinIdea has already announced a new X11 ASIC miner called DR-2 that will be a redesigned and improved DR-1 offering 600 MHS of hashrate at 335W of power usage in a smaller and more silent enclosure. The catch is that the new miner will be available in August and that is quite some time from now and we are probably going to wait for this one to get it for a detailed review.

To get some more details about the upcoming X11 ASIC miners from PinIdea…


If you are in the market for X11 ASICs then you might want to reconsider as the profitability at the moment is nothing like when the first batch of iBeLink X11 miners started shipping. Now iBeLink is shipping to customers their second batch with a limit of up to 3 miners per customer and PinIdea, another company also started shipping their faster and more power efficient miners (1 per customer), though they had some shipping issues, so there could be delays. Later this month, apart from the large 384 MHS ASIC from iBeLink and the 500 MHS from PinIdea, we are waiting the release of smaller single chip USB X11 ASIC miners from PinIdea in the range of about 8 MHS per device to help the decentralization.

On the image above is a quick check of the current profit for miners using X11 ASICs from iBeLink, selling your hashrate is still the most profitable, but not by much compared to directly mining for DASH. You are going to be getting about 0.05 BTC or about $25 USD or about 3.5 DASH per day with that X11 ASIC at today’s rates, but you can expect that the profit will go down with more mining hardware becoming available.


This is the situation with the faster and more power efficient X11 ASIC miner from PinIdea, faster and more energy efficient, but also more expensive to purchase. You can expect to get about 0.65 BTC or about $32 USD or about 4.6 DASH per day with that X11 ASIC miner at today’s rates and the numbers will also go down with more miners getting released.

The problem with the release of a lot of X11 ASIC mining hardware is that the X11 market is still relatively small with only Dash having a very strong and big network at the moment and not that many “big” X11 other altcoins, not that many in overall as well. As a result in the short term we might see a decline in the profitability for X11 especially with more big ASIC miners coming online and even though GPU miners would start moving away from X11 you should still carefully consider to invest or not in X11 ASIC hardware at the moment. On the long term however we expect to see the transition of X11 from GPUs to ASIC miners and though it may be a bumpy road, hopefully things will not get out of hand and a lot of X11 hashrate getting centralized in the hands of few essentially leading to the loss of user interest in everything X11 and coins forking to other algorithms.