Posts Tagged ‘X11 ASIC

baikal-x11-asic-mini-miner

It seems that there is another product appearing on the market in the form of a X11 ASIC miner from a third company, though this one is apparently targeted at the Chinese mining community – the X11 ASIC Baikal Mini Miner. The miner apparently is capable of providing about 150 MHS X11 hashrate with a power usage of about 40 Watts thanks to the use of 40nm production process for the ASIC chips. There is no clear information about exact price, but it should be around 1-2 BTC or the equivalent in USD, though some shops have listed the device at a higher price than that. It is good to see more alternatives, but the big question is if the X11-based crypto coins are capable of handling the massive new hashrate that is provided by the ASIC miners that are getting produced at a fast pace with the competition heating up.

X11 ASIC Baikal Mini Miner Specifications:
– Hash Rate: 150 MHS (±10%)
– Power: 40 W (±5%) @ 0.27 J/MH (at the wall, with 25 C ambient temperature)
– Power supply: DC 12V 5A Power Adapter with 2.5 DC Plug (Not included)
– Interface: Ethernet
– Operating Temperature: 0 ~ 40 C
– Dimension: 140mm (L) x 100mm (W) x 95mm (H)
– Weight: 475 grams

It seems that the miner uses a board like Raspberry Pi for providing a web-based interface for control and monitoring of the mining process and there is no need to plug it in to a computer, all you need is power and a network cable plugged to the device. With the right price and availability outside of the Chinese markets this device can be an interesting option for home miners due to the relatively simple open design and the lower noise level, so you might want to keep an eye out for the Baikal X11 ASIC Mini Miner. For the moment we have not been able to find a way to order one of these devices to do a proper review, but we are going to keep trying.

Check this thread on the official Dash forum for some more details about the new miner…

pinidea-x11-asic-miner

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…

ibelink-asic-profitability

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.

pinidea-asic-profitability

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.


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