Archive for the ‘Crypto News’ Category

MaxCoin Exchange Rate Starting to Get Back Up

21, Mar 2014

maxcoin-current-exchange-rate

If you were thinking that MaxCoin (MAX) is dead, then you might want to rethink thatas in the last few hours there has been an increase in the trading volume of the coin and the exchange rate is starting to get back up, though still far from what it was a while ago. We do recommend to keep an eye on MAX, especially if you have some coins that you have mined some time ago and still haven’t sold them due to the low exchange rate. Mining MaxCoin at the moment might also be a good idea with the current lower difficulty and if the exchange rate continues to increase. A few hours later however it seems though it might just be another pump and dump scheme, though the exchange rate stabilized at almost double price than before. Meanwhile the project has released new wallet binaries for MaxCoin 0.9.0, and recommends that everyone upgrades by next week (block 140000).

– For more information about the MaxCoin alternative crypto currency…

KnCMiner 100 MHS Titan Litecoin Mining ASIC Has Been Announced

19, Mar 2014

kncminer-litecoin-titan-mining-asic

KnCMiner has just announced their first Litecoin mining ASIC device already available for pre-order with a Q2/Q3 shipping date, 100 MHS minimum Scrypt mining hashrate and a price of $9995 USD (without VAT). Not much information is available for the moment, but trusting KnCMiner is much safer than Alpha Technology who have not yet released a product on the market, unlike KnC who have some history and good feedback from users that have purchased Bitcoin ASIC devices from them. Note that Alpha Technology has also announced target for shipping for Q2/Q3 this year, but their Scrypt ASIC devices are rated at up to 25 MHS and you will need to pay £5450 UK pounds (without VAT) for that. So if you haven’t pre-ordered a Viper Scrypt miner from Alpha Technology then it is much more reasonable to go for the 100 MHS KnCMiner Titan Scrypt ASIC. Meanwhile Gridseed remains the only company currently making Scrypt-capable ASIC devices and shipping them on the market, so that is the only option you have for the moment for an LTC ASIC device. It is also interesting to note that current customers queuing for a Neptune SHA-256 ASIC are able to exchange their queue if they are more interested in the newly announced Titan Scrypt ASIC miner.

– For a bit more information about the upcoming KnCMiner 100 MHS Titan Litecoin Mining ASIC…

Bitmain AntMiner S2 1 THS Miner Starts Shipping in April

18, Mar 2014

bitmaintech-antminer-s1-asic-miner

The company Bitmain Technologies has announced that the production of the successor of their 180 GHs AntMiner S1 Bitcoin ASIC (on the photo above) is underway and they are going to be shipping the 1 Terahash AntMiner S2 starting in April (next month). The Bitmain has become known for their fast shipping and very competitive prices that go down with the difficulty increase and they are yet again showing how to do business with BTC ASICs. The new S2 units are based on the company’s 55nm BM1380 chips that are used in the S1 miners, but apparently they have managed to achieve high-density chip chains and lower power usage in order to be able to squeeze 1 Terahash in a 4U case along with a 1000W PSU manufactured by Enermax.


Bitmain AntMiner S2 Specifications:

– Hash rate: more than 1,000GH/s
– Power consumption: 1,000W from the wall
– Power efficiency: 1Watt/GH/s
– PSU: 1000W produced by Enermax, 80PLUS gold
– 4U Rack
– PSU inside
– Plug and Mining
– Stable and quietly

The pre-orders for the first batch of the new Bitmain AntMiner S2 1 THS ASIC miners have been filled with a price of $3899 USD (6.34 BTC) and a shipping date of April 1st (not a joke hopefully), the second bach of devices is scheduled for April 10th shipping and the price is a bit low at $3599 USD (5.852 BTC) and there are still units available. The new S2 miners do come a bit more expensive than 5x AntMiner S1 miners overclocked to 200 GHs each to give you a total of 1000 GHS with a price of less than 5 BTC. The difference however is that the power consumption for the S2 miner is 1000W and for the same hashrate with S1 miners you would get roughly about 2100-2100W. So with S1 you get cheaper price for the hardware (you will need to also buy 5x 500W+ PSUs for the miners), but more than double the power consumption for the same hashrate, even though the same chips are used in both products. Putting more BM1380 chips running at lower voltage and frequency is what BitMain has done in order to lower the power usage and get better performance per watt without having to increase the cost of the hardware too much.

– For more information about Bitmain Technology’s current and upcoming BTC ASIC miners…


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