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It seems that the Todek TODDMINER C1 is not going to be the only Eaglesong ASIC miner out there, Bitmain is also joining the fun with their Bitmain AntMiner K5 ASIC miner. The TODDMINER C1 promises to deliver 1.6 TH/s hashrate with 1100 Watts of power usage with $4100 USD price and supposedly already shipping, while the Bitmain AntMiner K5 is rated at 1130 GH/s hashrate with 1580 Watts of power usage and a price of about $1400 USD or significantly cheaper. Bitmain plans to start shipping the K5 Eaglesong ASIC miners in the first half of April and they are only available on their Chinese website for the moment. Eaglesong mining has started with GPUs and has relatively quickly moved onto FPGA mining and now it seems the transition to ASIC mining is starting to take place. Hashaltcoins BlackMiner F1+ does 22 GH/s and F1-Ultra does manage t get you 26 GH/s hashrate at the moment, so ASIC miners will really offer much faster performance when they become available and will significantly increase the total network hashrate.

For more details about the Bitmain AntMiner K5 Eaglesong ASIC Miner (CN)…

Handshake is a decentralized, permissionless naming protocol where every peer is validating and in charge of managing the root DNS naming zone with the goal of creating an alternative to existing Certificate Authorities and naming systems. Handshake is an experiment which seeks to explore those new ways in which the necessary tools to build a more decentralized internet. By running Handshake, one can participate in a decentralized open naming platform secured by a decentralized peer-to-peer network. Handshake uses a coin system for name registration.

The Handshake coin (HNS) is the mechanism by which participants transfer, register, and update internet names. The community will be able to initiate auctions and place bids for top-level domains using HNS or trade their HNS as they see fit, with differing value per name. HNS coins can already be mined with GPUs using mining software such as NBMiner or GMiner, with mining starting just a few weeks ago with the project already gaining significant interest. HashAltcoins have also added support for mining HNS using their FPGA miners, although hashrate and power usage are not significantly better than what a 1080 Ti GPU mining rig could offer. The Chinese ASIC manufacturer Hummer Miner also have announced that they will be releasing a HNS ASIC miner planned to start shipping in May with expected hashrate of 75-80 GH/s.

The good news is there is still to mine some HNS coins with GPUs, the coin is already listed for trading on Gateio, Citex and HotBit. There are a number of mining pools available for HNS with F2Pool being the largest in terms of hashrate at the moment.

It seems that the life of the Antminer E3 ASIC miners from Bitmain is nearing its end with the Ethash miner apparently becoming useless for Ethereum Classic (ETC) mining and soon for Ethereum (ETH) as well, or at least we are getting such reports form users being unable to mine properly ETC these devices anymore. The reason for that is the fact that they do work like video cards with 4GB video memory and as these become obsolete due to large DAG size (even though not yet 4GB in size), so will do the E3 ASIC miners. ETC is the first to drop from the E3 coins to mine as it is ahead with about 10 epochs from ETH (328 for ETC, 318 for ETH), so Ethereum has less than two months left before reaching the same place as ETC did. Of course there are a number of other smaller Ethash-based projects that are far behind with their DAG epochs, so the E3 miners will still be able to be mined with the ASIC miners. The problem is what will happen with profitability with a big influx of hashrate coming from large E3 mining operations, so most likely very soon it will be time to retire the miners.

It is interesting to note that Ethereum (ETH) does have a plan to do another fork and switch to the ProgPow proof of work mining algorithm (GPU-only mining) at some point this year, and the time could coincide with the “E3 miner death” for ETH mining or not. Nevertheless now is definitely not the best time to be buying Antminer E3 even if somebody is offering the hardware at a really low prices as in less than two months it might become pretty useless. If you do have E3 ASIC miners make sure you maximize their use for the remaining time that you should be able to mine ETH with them and start planning what to do with them afterwards.


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