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With the latest price increase of Ethereum it seems that it has managed to reach a total market capitalization of over 1 billion USD making it the second crypto coin after Bitcoin currently into the Billions. Even though the current market capitalization of Ethereum (ETH) is being estimated at almost 1/6th of the Bitcoin market cap you should be well aware of the fact that the largest part of the available Ethereum coins have been pre-mined and distributed in pre-sale and among developers and other people with the actually mined coins by users still less than 10 percent of the total coin availability. So a direct comparison with Bitcoin where users have mined all of the available coins might not be the best thing to do, but then again coin market capitalization is just a standardized way of measuring and comparing coins. With all that said the success of Ethereum that is being marked by the significant interest among users and the demand for Ether coins is a fact. The question that remains is if Ethereum will be as successful as a platform for smart contracts powered by Ether coins or it will be more popular among users looking at the ETH coins just as an alternative form of tokens with high value.

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Looking at the official specifications of the iBeLink DM384M X11 ASIC miner state that the device should be capable of 384 MHS X11 hashrate (plus/minus 10 percent) with a power consumption of 715W measured at the wall with 25 degrees Celsius ambient temperature. This should be the numbers for the default configuration, however we did some measurements ourselves in order to get more accurate results in order to be able to do better calculations about the cost of operating the device. We have already measured on NiceHash an average hashrate that is slightly above the official number of 384 MHS, so this is good, but what about the actual power usage and more importantly noise level. In our first impressions from the device we already mentioned that it is pretty noisy and not suitable for use in room where people will be present, but let us see what is the exact noise level as well.

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The power supply built into the miner is an 850 Watts server grade one that is compatible with 100-240V range (for worldwide use). The exact model is ASPOWER U2A-A20850-D and according to the official specifications is it rated as 80 Plus Silver, so a high efficiency solution. At stock settings (110 MHz PLL) the power usage we have measured on the wall with 230V EU power input was 686 Watts as you can see on the photo, the power usage in Watts might be slightly higher in US and other 110-120V countries due to slightly lower power efficiency. Increasing the operating frequency with +1 MHz steps is resulting in the power usage going up with about 5-6W on each step, so the 850W capacity of the PSU should be able to take up some nice extra overclock if the chips are capable of working well when overclocked and cooled well. We are going to be doing more extensive testing about the overclocking potential with results on the power usage and performance changes, working temperatures and cooling very soon.

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Now for the noise level, as already mentioned it is pretty high… just like from a rackmountable server for example. With a measurement showing about 72.6 dBA average it is perfect to be installed in a data center or a dedicated mining room, but it is not suitable for home miners as the noise level is too much for people to be in the same room for more than a few minutes… and even in the next room it might be quite noisy. The reason for the high level of noise is that the unit uses server grade fans by Delta Electronics and they are set to run at maximum RPM all the time (no temperature control). The same goes for the fan used in the power supply, a powerful Delta Electronics fan running at maximum RPM all the time, even though the PSU is highly efficient and there is not so much heat generated. The good thing about this default fans setup is that even at not that good conditions such as high ambient temperature the miner should be able to operate without any issues at optimum level. The not so good part is that small miners might have issues with the high level of noise and would probably want to do something to make it less noisy without compromising performance – this is possible with some modifications and we are already working on a solution to optimize the cooling, so more on that will be coming soon as well.

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If you have mined FedoraCoin (TIPS) when it was launched about two years ago and still have some coins left in a local wallet and have totally forgotten about them, then you might be very lucky now. It seems that there is an effort to revive the coin after quite some time and there is also a significant boos in its price, even though it is being traded on only one exchange at the moment. It was available on Cryptsy as well, but since Cryptsy is essentially dead and the TIPS wallet is not unlocked for withdraws you can only trade on BTER for LTC or CNY (and then turn them into ETH or BTC for example). The price of a single TIPS coin is at about $0.000022 USD at the moment, but since the block reward started at millions and moved to hundreds and is now tens of thousands of coins you might end up with quite a nice profit depending on the amount of coins you have. The TIPS deposits were a bit slow in the last days at the exchange (should be fixed now) and it could take a bit of time for your wallet to get synchronized and up to date, but it will be totally worth it if you have a couple of millions coins left and forgotten there for example. If you manage to own a Scrypt ASIC miner then you might want to check out the mining profitability of TIPS as well, an up to date pool for mining TIPS you can check the Hash-to-Coins multipool.

Visit the Asian Exchange BTER where FedoraCoin (TIPS) is being traded at the moment…

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