It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Some of the new Scrypt ASIC manufacturers that are starting to ship or may soon start to ship are apparently suffering from the same problems that some of the Bitcoin ASIC companies had when they started launching their products. We are talking about the two of the most important factors – shipping quickly and on time and be able to communicate on time with the customers, below are some examples ready.
Zeus has started shipping their Scrypt ASIC miners from Batch 1 on May 20th, however they are a bit slow in fulfilling orders… last week on May 28th they were at just order number 1100. Our test order is #2054 and is still being processed, so they are clearly not close to sending it and this was made about two weeks before the Batch 1 ordering has been closed. They have already has announced that they plan on starting to ship Batch 2 orders around 6/15/2014, so by the time our Blizzard miner arrives in our hands it will be pretty much quite outdated and the total payment we have made of a little over $250 USD for the miner and the shipment is already quite high price (and there will be some VAT and custom taxes when the miner arrives). So even though the Batch two price for the ZeusMiner Blizzard is lowered at $179 USD without the shipping cost, it will be pointless to order it now and get it probably sometime in July. The bigger Scrypt ASIC miners from Zeus and their partners that are selling custom solutions based on their chips such as GAW Miners or Hashra are still attractive though, but these partners are partly responsible for the slower shipments to customers that did order directly form Zeus as they had to get some units as well.
Alpha Technology has recently started to request the full payment from customers that have pre-ordered their Scrypt ASIC hardware, however things did not seem very attractive for customers to do their final payment. The sign for that was the announcement from Alpha Technology that they will after all increase the hashrate of their miners, a good move if they can actually deliver the higher hashrate miners for the same price. The problem with Alpha Technology is the total lack of communication with customers, they are just sending invoices, but are not replying to customers over email for days and you apparently cannot reach them by phone. So let us say that you have pre-ordered 5 Scrypt ASIC miners and want to cancel some of them and pay for the other, but want to confirm with Alpha Technology you actually cannot get in touch with them. That does not make you confident enough to pay the rest of the amount for any of the miners you have actually pre-ordered. So if you are busy with a lot of orders from customers, you just hire more people to talk with the customers that are willing to pay for your products and not drive them away by not communicating with them at all.
PoolPicker is an interesting service that keeps track of multiple automatic profitability switching pools and reports their profitability per MHS hashrate on a daily basis as compared to directly mining for Litecoin. With the help of that service you can get a quick glance at where it is more profitable to mine on and you have history to see if a specific pool’s performance is poor and not worth mining at all on the long run. Of course the service does not cover all of the automatic profit switching pools, in fact is only covers 12 pools from the many more available ones. But with the available data in PoolPicker you could also compare to a pool that is not listed based on your own earnings or based on the officially reported profitability by the specific pool (if it supports that). So definitely something worth checking out if you still haven’t seen the service and are currently mining on a multipool.
– To check the PoolPicker service on what is the profitability of automatic switching pools…
The Blakecoin (BLC) crypto currency seems to be advancing very fast on the merged mining front as the developer of the coin is constantly adding new coins to be merged mined along the main one. There are already 4 additional crypto coins that are being merge mined – Photon, BlakeBitcoin, Dirac and Electron and apparently even more are coming soon. All of these coins use the Blake-256 algorithm and need a specific miner with support for it, you can find the required software below. Most of them are already available for trading on some markets, though still not that many and the total network hashrate has been steadily growing along with the increased interest in these coins thanks to the merged mining support.
Blake-256 Algorithm GPU miners:
– Cgminer 3.7.2 with Blake-256 support for AMD
– Cgminer 3.1.1 with Blake-256 support for AMD
– CudaMiner with Blake-256 support for Nvidia
– ccMiner with Blake-256 support for Nvidia
Pools for Merged Mining of Blake-256 coins:
– http://eu3.blakecoin.com/
– http://ny2.blakecoin.com/
– http://la1.blakecoin.com/
Exchanges for trading Blake-256 coins:
– AskCoin
– Atomic Trade