Archive for the ‘Mining Hardware’ Category

Coinmine One Crypto Miner For The Non-Traditional Miner

5, Dec 2019

The traditional crypto miner is always looking at the profitability and specs of an ASIC, FPGA, GPU and CPU mining hardware and after that takes into account other factors that may not be as important. Then there are the non-traditional miners that might be more interested into a cool-looking and easy to use miner that may not be very or profitable at all on daily basis, for people like that the Coinmine might be the perfect solution. A nice looking mining box that runs silent and is easy to connect and operate via your smartphone and it even mines a number of crypto coins as an extra.

The CoinmineOne miner is available for $699 USD, it can mine Bitcoin, Ethereum, Grin and Monero and you can also earn 6.5% APR interest on the crypto in your Coinmine One wallet. With just 160W of average power usage and near silent operation it sure sounds like an interesting device to have if you are from the second group of non-traditional miners. Further extending the functionality of the device like adding Lightning support for example and other interesting crypto features could also make it more attractive. Definitely an interesting concept, though not for the traditional crypto miner.

– For more details about the Coinmine One crypto mining device for home use…

ZXMiner ZX 1 – A Fake Nervos (CKB) ASIC Miner for Eaglesong?

25, Nov 2019

A new website (registered just yesterday) has appeared for a company called ZXMiner claiming to be selling the first Nervos (CKB) ASIC miner for the Eaglesong algorithm. The website is in Chinese and the price for the ZX1 ASIC miner supposedly delivering 820 GH/s with 1100 Watts of power usage is 18000 CNY (Chinese Yuan) which is roughly $2560 USD (payments taken only in Bitcoin). According to the website the estimated shipping date is January 2020, meaning that they should have developed the hardware before the mainnet launch of Nervos that happened recently. We would advice to be extra careful with this as it may be a scam, even though it is apparently not targeted at non Chinese crypto users as the website does not have an English version.

Soon after the mainnet launch there have been news of FPGAs supporting the Eaglesong algorithm that the project uses and now there is information about a possible ASIC miner incoming, though you should treat that with extra caution. The ZXMiner ZX1 photo on the website is actually an edited photo of the MicroBT Whatsminer M3 ASIC miner with zxminer logo put on top of the device and doing that is never a good sign and definitely not a way to earn trust. We also don’t like this line of text “No refund or return after payment, regardless of whether it is shipped or not” as translated by Google Translate, so don’t be in a hurry with this ASIC miner!

– If you are curious to check the ZXMiner website and the ZX 1 product page…

Mining Nervos (CKB) is Quickly Moving Away From GPUs to FPGA Miners

19, Nov 2019

Just a few days after the official launch of the Nervos (CKB) mainnet and GPU mining the Eaglesong algorithm may alterady become pointless with FPGAs apparently getting support for the algorithm. First was the information about FPGA support available for the EagleSong algorithm with bitstreams and miners available for Alveo U200 and Xilinx VCU1525 FPGAs. Now Hash Altcon has also announced support for Nervos CKB mining on their Blackminer F1 series of FPGAs with the CKB bitstream to be released soon. They state Eaglesong hashrate of 22 GH/S with power usage of 1020 Watts (1.1 GH/S for single GTX 1080 Ti with 200W of power usage), so definitely more efficient than GPUs. This is signaling the end of GPU mining for Nervos (CKB) and a move onto FPGA mining for sure. There was a pick in mining hashrate yesterday when first new of FPGA support broke out, though today it is lower, with Blackminers F1 joining the game in the next few days there will most likely be another spike in hashrate… depending on profitability of course. With the slow difficulty adjustment that Nervos (CKB) currently uses there may still be some more time left for GPU mining, though even at the moment profitability does not seem attractive at all.


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