Bitmain to Launch New AntMiner L3+ Scrypt ASIC

11 Apr
2017

The crypto currency mining ASIC maker Bitmain is getting ready to launch a new Scrypt ASIC miner with shipping expected to start a bit later this month. The new device capable of mining Litecoin (LTC) and other Scrypt-based crypto currencies is called AntMiner L3+ and should be capable of delivering a hashrate of 504 MHS with a power usage of 800W. With the recent jump in interest and the price of Litecoin we are seeing a bit of a revival of the interest in Scrypt-based coins and this is apparently also the reason why Bitmain has prepared a new more powerful device.

The new Antminer L3+ is essentially double the performance and power usage of the regular AntMiner L3 model announced earlier this year. It offers essentially doubled performance by doubling the number of BM1485 ASIC chips from the 144 units in the L3 to 288 in the new L3+. The English website of Bitmain still hasn’t got the product listed, but their Chinese one has the device already listed with a price of 1.686 BTC per L3+ device that does not include a power supply. The shipping should start sometime in between April 15th and April 20th based on the data on the website. Early May deliveries (May 1st – May 10th) are also possible with a lower price of 1.261 BTC per L3+ device.

Bitmain AntMiner L3+ Scrypt ASIC Specifications:
– Scrypt mining hashrate: 504 MHS
– Power consumption: 800W ± 10% (at the wall, with Bitmain’s APW3-1600 PSU, 93% efficiency, 25°C ambient temperature))
– Power efficiency: 1.6J/MH ± 10% (at the wall, AC / DC efficiency of 93%, 25°C ambient temperature)
– Rated voltage: 11.6 ~ 13.0V
– Chip Type: BM1485
– Chip quantity per unit: 288 chips
– Number of boards in the whole machine: 4 pcs
– External dimensions: 352 mm (L) * 130 mm (W) * 187.5 mm (H)
– Machine weight (without packaging): 4.4kg
– Operating temperature: 0°C to 40°C
– Operating Humidity: 5% RH-95% RH, non-condensing
– Network connection: Ethernet
– Noise level: 75dB

Improve Your Crypto Trading Skills with TradingView

5 Apr
2017

TradingView is a community where different people from around the world that are into trading various kinds of assets get together to get usable chart and market data, share trading ideas and generally help each other to get better in the trading business. The website comes with easy to use, but very powerful tools for analyzing different markets such as Stocks, Indices, Commodities, Currencies and the most important one for you probably – Cryptocurrencies. Presently, many sites like cointree.com work on safe crypto trade. However, this website encourages its users to publish trading ideas and get better at trading and investing by seeing what others are doing.

The best thing is that TradingView is available for free for everyone to use, although you can also go pro and pay a monthly fee to get access to some extra useful features. The extra trading features are more appealing to more experienced users and traders and if you are still green at crypto trading you can start just fine with all the basic free functionality you get. The powerful charts and the tools you get access to do technical analysis of many different markets can really help you improve on your trading skills and forget about the “I have a gut feeling” when trading a crypto currency. Also have in mind that the data provided by the service can independently be used along with any crypto exchange’s trading information. You can even find some interesting and useful tips on what to look for as a new crypto currency to trade or what more established coins to watch for in preparation for a price increase or drop.

Regarding crypto currencies trading, the service provides information from many popular crypto exchanges such as – Poloniex, Kraken, Coinbase, Bitfinex, Huobi, OKcoin, BTCChina and others. Do note however that TradingView is not a service for automatic trading, you cannot use it to program and execute trading bots for example that will do the trading for you. There are other services that are available and that allow you to program your own trading bots and let them roam free trading for you based on your own trading ideas or somebody else’s. One such interesting and useful service that we have covered before is CryptoTrader, though there are quite a few more out there as well, but before going into automated trading based on technical analysis and other information you would probably want to have a better understanding of the crypto markets in general.

– To check out the TradingView service and see what tools it offers to traders…

Kim Dotcom Demonstrates Bitcache on Video

3 Apr
2017

Kim Dotcom has posted a video on Twitter demonstrating how the upcoming Bitcache system will work for uploading and sharing content that will support payment with Bitcoin. Bitcache is supposed to be in the heart of the upcoming MegaUpload 2.0 (MU2) service that promises encrypted anonymous content delivery with built-in Bitcoin payments support. Interestingly enough, while Bitcache will be used by MegaUpload 2.0 as its first client it should also be available for other services that want to easily integrate Bitcoin micropayments.

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