Innosilicon A5+ DashMaster is a New 65 GHS X11 ASIC Miner

25 Mar
2018

Innosilicon has announced an upgrade to their 30 GHS A5 DashMaster X11 ASIC miner from last year in the form of a new 65 GHS X11 ASIC named Innosilicon A5+ DashMaster. The new device seems a lot like just two of the older devices joined together and the specifications also suggest something like that as well. Anyway, Innosilicon A5+ DashMaster promises 65 GHS X11 hashrate at 1500 Watts of power usage in a single device that will cost you $4200 USD or the respective value in LTC or BTC (the price does not include a power supply). The X11 ASIC market is pretty crowded already and the profitability for mining DASH especially is not very high anyway, but you could look for altcoins that might give you better results.

Innosilicon A5+ DashMaster Specifications:
– Hash Rate: 65GH/s(+/-8%)
– Power Consumption: 1500W +/-8% (at the wall, with 93% efficiency PSU, 25°C temperature )
– Chip Type: A5+ DashMaster ASIC
– Dimensions: Double tube, 265mm(L) x 250mm(W) x 155mm(H)
– Net Weight: 6.02KG(without PSU)
– Operating Temperature: 0°C—85°C (device junction temperature)
– Network Connection: Ethernet

– For more details about the new Innosilicon A5+ DashMaster X11 ASIC miner…

How to Export and Import Private Keys from Local Wallet

25 Mar
2018

The craze for many forks from the Bitcoin blockchain has resulted in people trying to claim their free coins in various ways, the easiest one is to keep a local wallet and just export your private keys from the Bitcoin wallet and import them to the wallet of the fork. As a security measure it is always advised to first move your Bitcoin (or other coins) to a new address before trying to claim any kind of forked coins, this way you can be safe that your private keys used for the claim cannot be used for stealing your actual BTC. With the recent addition of official support for SegWit addresses it might be a good time to update your Bitcoin Core wallet, generate a new SegWit wallet address and move your coins these and then start claiming some forked coins with the old private keys.

How to export the private keys:
– Start your Bitcoin Core or other QT-wallet
– Click on “Help” in the menu bar of the wallet
– Click on “Debug window” from the menu
– Select the “Console” tab to be able to type commands
– Unlock your wallet (if it is locked) with: walletpassphrase “your wallet password” 600
– Export the private key with: dumpprivkey “your Bitcoin address”
– Copy and keep safe the private key you will get for the respective wallet address you have typed
– Lock the wallet again with: walletlock

How to import the private keys:
– Start your Bitcoin Core or other QT-wallet
– Click on “Help” in the menu bar of the wallet
– Click on “Debug window” from the menu
– Select the “Console” tab to be able to type commands
– Unlock your (if it is locked) wallet with: walletpassphrase “your wallet password” 600
– Import the private key with: importprivkey “your Private key”
– You can check to see that a new receiving address has been added in the wallet
– Lock the wallet again with: walletlock

Make sure you import your private key(s) as soon as you start the local wallet for the fork in order to claim all of the coins properly, otherwise you might have to do a resync of the blockchain. Alternative solution would be to just copy the Bitcoin wallet.dat file, but then you might need to do a zapwallettxes and it can take longer time to claim if you have multiple wallets. Again, make sure you keep your private keys safe and do not share them or use them to try to claim coins unless you have already moved all of the coins to a new address prior to initiating the claiming process, otherwise there is a risk of loosing your BTC or other coins as there are scams out there posing as real forks that are trying to steal your coins. Even with legitimate forks it is always a wise idea to be on the safe side and never share or use a private key for a wallet that still have coins in it, just to avoid possible security risks.

Ravencoin (RVN) Interest Keeps Growing Stronger

23 Mar
2018

RavenCoin (RVN) seems to have appeared out of nowhere for many people and there are still quite a lot of miners that are not aware of this potentially interesting crypto coin. Ravencoin is being described as “a use case specific blockchain designed to carry statements of truth about who owns what asset” and there is still a low unknown about the project. The interest in RVN however keeps growing and more people are getting interested in it and are starting to mine it and as a result the network is growing. You can keep track of how things move on on the useful Ravencoin Statistics website and how the network is progressing over time. The recent announcement that the Ravencoin roadmap and accompanying paper will be published on April 3 have further helped to increase the interest as currently there is just a short White Paper regarding the new X16r algorithm used by the coin.

Up until recently Ravencoin (RVN) was not traded on any exchange and was moved only as OTC sales and that is one of the reasons why the coin remained widely unknown for a while after its initial launch. Recently the decentralized exchange Crypto Bridge has added trading of RVN and that has helped move things further and help miners get more interest as they could easily sell coins. If you are interested in the profitability and are interested in just short term profit there is a useful RVN mining calculator that can give you an idea on how may coins you can mine and what profit you can expect. It can be useful for long term mining and holding as well as you can get an idea with what GPU mining hardware how many coins you can expect to mine, even though short term profitability does seem to be pretty good at the moment.

There is always a risk with new coins, especially when they tend to be more cryptic and not fully transparent at the beginning regarding what they are about and what their future plans are. So there is risk with Ravencoin (RVN) as well at this point as there are still a lot of unknowns, but higher risks do seem to pay out well if things tend to turn out for the better.

– For the AMD X16r sgminer fork for Raven (RVN) Mining…
– For the Nvidia X16r ccMiner Enemy 1.03 fork for Raven (RVN) Mining…

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