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New 300 MHS ZeusMiner Volcano Scrypt ASIC Miner Up for Pre-Order

4 Sep


Zeus has just announced their third generation of Scrypt ASIC miners and has started taking pre-orders for end of Q4 delivery. For the moment the only Gen III miner is the ZeusMiner Volcano that should be capable of 300 MHS with just 1000W of power usage. The next generation of Scrypt mining chips should be capable of 1.2 MHS per chip and with a per chip power usage of less than 4 Watts, so a 256-chip device should be capable of providing the advertised 300 MHS hashrate. The standard price for the new ZeusMiner Volcano Scrypt ASIC is $1699 USD, however the first 500 units will be sold for a discounted price of $1599 USD and existing customers also get a $50 USD discount code in their accounts for use on Volcano orders. Furthermore if you use BTC or LTC for your payment, then you will get an extra 5% discount from the price of the miner.

Zeus does provide a guarantee that they will deliver the Volcano by the end of Q4 2014, and they even back that promise by offering the customers to give an extra Volcano miner if the shipment is delayed by 1 moth or the power consumption is 50% higher than initially promised. Not a bad offer for something that you need to pre-order and pay in advance, but you should still be careful and consider well should you decide to pre-order mining hardware. As we’ve seen with the more recent pre-orders for Scrypt ASIC miners offered by companies such as KNCMiner or Alpha Technology by the time these are shipped there is a high probability that they will not even be able to ROI let alone make profit and the reason for that is the very long time it took from announcing pre-orders to the release on the market. The case with the ZeusMiner Volcano is not such however as the hardware is not so expensive and the time for delivery is not that far, furthermore Zeus has already delivered Scrypt ASIC miners. Nevertheless be careful with pre-orders and do the math carefully when deciding should you invest in a Volcano miner or not.

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2 Responses to New 300 MHS ZeusMiner Volcano Scrypt ASIC Miner Up for Pre-Order

An ony mouse

September 4th, 2014 at 17:34

All of Zeuses customers so far have lost a lot of money. The customer wiki warns against buying. Scrypt btc/mh has at best been: 0.01 january. 0.003 march. 0.0004 today. Halving once to twice a month.
DO NOT BUY – you WILL regret it.

Do not buy Zeusminer products. They sell used hardware as new. They lie and cheat. Even if they deliver everything they promise you will never break even. Most of their miners don’t even get close to the claimed hash rates. Zeushost is down almost every day with no compensation. They mine on multipools with your hardware before they ship and if you are compensated it is only at LTC rate.

Disgruntled Buyer

November 3rd, 2014 at 17:06

He was right. They promised delivery of their 300mhash/sec Volcanoes by Q4 2014, but instead offered a refund or purchase of cloud mining in lieu of a physical miner. And they waited until a month and a half until delivery to announce this, while they collected everyone’s funds. Do not trust this company. I doubt the physical miners ever existed.

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