Calculate Your Expected Profit with the Decred (DCR) Mining Calculator

17 Mar
2016

decred-dcr-mining-calculator

Mining calculators help miners to easily calculate what will be the profit with their available hashrate for a given period taking into account thing such as network difficulty and price of a given crypto coin. There is an easy to use and simple Decred mining calculator available that can give you an idea on how much coins you can expect to mine in a day, month and year with your hashrate. It can be quite helpful for people mining with GPUs to consider what currency is more profitable to mine at the moment and how much they may be able to earn mining Decred. Most people are well aware that at the moment Ethereum (ETH) is probably the most profitable to mine with GPUs, however Decred is not that far behind and you can easily compare your expected profit with Decred if you are currently mining Ethereum.

There are some GPUs that do not meet the minimum requirements that Ethereum has such as the availability of at least 2 GB of video memory, or the performance may not be very good for mining ETH with the specific video card. Such is the case with Nvidia GeForce GTX 750 Ti, a popular lower-end Nvidia-bssed GPU for mining that does not do very well with Ethereum, but can do quite good with Decred as a good alternative. So our advice is to give Decred a go, especially if you have some GPUs that are not OK for Ethereum mining for various reasons. Do note however that Decred is heavier on GPU and has a higher power usage compared to Ethereum, so the power cost is also a bit higher.

In the example screenshot above we see that a single GTX 970 GPU doing around 1300 MHS mining Decred should give you around 1.87 DCR per day or about $4.6189 USD equivalent with the current conditions. For the sake of comparison running the numbers through an Ethereum mining calculator for that same GTX 970 GPU we get 0.476424 ETH or about $5.13 USD per day, so the difference in terms of profitability is not that big as we have already explained.

– To check your expected DCR mining profit with the Decred Mining Calculator…

iBeLink DM384M X11 ASIC Availability and Profitability

17 Mar
2016

what-to-mine-x11

The first batch of 50 units of the first on the market iBeLink DM384M X11 ASIC miner were shipped at the beginning of this month and everyone that has pre-ordered is probably quite happy at the moment. The profitability is quite good with selling X11 hashrate at NiceHash still the most profitable choice at the moment, based on our test of a unit we have purchased we can say that the miners are pretty good, even if they do lack some extra features both hardware wise and on the software side. If you re interested in the iBeLink DM384M X11 ASIC miner and you have missed our posts about different aspects of the device that we have published already, then you might want to check them out.

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It seems that the company making the iBeLink DM384M miners does not have a very large production capacity and they need some time to make another batch of miners (and probably money from the sales of the first batch). The answer they give at the moment when more units are expected to be available is “we expect to have next batch around mid of May“, definitely a good news for first batch owners and not so good for people that will want to purchase an X11 ASIC now. This low number of devices available however is generally good for the X11 coins as they will not be overwhelmed by a very big wave of new hashrate pouring in pushing out the GPU miners that mine X11. Actually a lot of the GPU miners are currently switching to Ethereum mining because of the better profitability it offers, so the X11 ASIC miners could fill the gap and offer enough supply to cover the hashrate demand. We are looking at at least a few more months before mining X11 with a GPU might become pointless, unless of course we see a bunch of other companies releasing more X11 ASICs on the market. It seems that this is not going to happen in the next few months, so don’t be in a hurry to write out the X11 algorithm as ASIC only yet…

GenTarkin’s Custom KNC Titan Scrypt ASIC Firmware

17 Mar
2016

gentarkins-mod-102

We were not among the ones to preorder the last ASIC mining hardware that KnCMiner has sold to users, the Titan, but recently we have obtained some KNC Titan Scrypt ASICs to play with. The first thing you will notice is that even the latest official firmware of the devices version 2.0 is still pretty basic and the hardware is buggy, especially the earlier batch 1 devices. So we started looking for an improved version of the original firmware that would allow us to get the best out of the KNC Titan Scrypt ASIC and we have ended up discovering GenTarkin’s Custom KNC Titan firmware.

knc-titan-miner-status

This modified firmware provides users with an improved and more functional interface and more importantly a safer to use and capable of providing you with the optimal performance and power usage that your Titan cubes can provide you with. This of course comes at a price, you need to purchase a full license for the modified firmware that is currently sold at $75 USD for the controller and if you have an additional devices you can purchase extra licenses for $35 USD each for each controller (key for activation only), not for each cube. There are also additional discounts available for volume licensing for purchases of 10 or more licenses for large miners with more devices available.

knc-titan-advanced-options

We have just started using the latest version 1.0.2 of GenTarkin’s Custom KNC Titan Scrypt ASIC firmware on the hardware we have obtained and as you can see on the screenshot both cubes we have attached to the controller have some issues with some of the chip dies and DCDC power units. You can see the difference in how the advanced settings page looks like for both the stock and the custom firmware. The power usage for example on the custom firmware reports more accurate power usage numbers and when you take into account the power efficiency of the PSU you can get pretty accurate power consumption numbers for the actual power used at the wall. There are number of additional protection mechanisms built in as well as optimizations to help run your mining hardware stable and with less issues on the long run. The Energy Saver is also something new and very interesting feature that supposedly can help you find the optimal settings for each die and thus help you get lower power usage while retaining optimum performance.

We have just started using GenTarkin’s Custom KNC Titan firmware and so far we like the improvements and extra features we see from the latest stock firmware from KNC, in a few days we are going to be sharing more from our experience as well as doing a more detailed review. Meanwhile if you have some KNC Titan Scrypt ASIC miners and you are using the stock firmware you might be interested in checking out this custom firmware, especially if you are having some issues with your devices or have more than one miners.

– Visit the official website for GenTarkin’s Custom KNC Titan Firmware for more info…

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