Interesting New Features for GAW Miners Hashlet Owners

15 Sep
2014

gaw-miners-hashlet-new-features

It has been a month already since the introduction of the GAW Miners Hashlet and for the time that has passed a lot has happened. If you were among the first to purchase Hashlets you might have already got half of your investment back, today we have reached $40 USD mined from our initial $80 USD investment in 5 MHS to try out the Hashlet when it was introduced. The new higher prices and different Hashlet miners will probably need some more time to ROI, but with the new features being added the difference may not be much. And talking about new features, today some new interesting additions were made to the Hashlets, the ability to sell your Hashlet at 80% of the Retail price should you decide that you no longer want to have it – this is available for all Hashlets. When you put your Hashlet on sale it will continue to mine for you until it gets sold to someone else that is currently buying this type of Hashlet (in first 24 hours we could not sell a Hashlet that we wanted to test the new feature with). The other new interesting feature is available only for the Hashlet Prime – an option to boost your hashrate twice a day with 50% (by clicking the small rocket next to the hashrate) for 30 minutes each time (once every 12 hours).

– For more information about the GAW Miners Hashlet digital cloud miners available…

Time to Start with the DOGE and LTC Merged Mining

11 Sep
2014

litecoin-plus-dogecoin-merged-mining

We are expecting the merged mining support for Dogecoin and Litecoin that was announced to start after DOGE block 371337 to happen any moment now (less than 100 blocks remaining), so if you are currently mining Dogecoin you might want to move to a pool with merged mining support. You should be able to mine directly for Litecoin and also get Dogecoin additionally, however in order to be able to do that you will have to use a pool that has already implemented DOGE and LTC merged mining support. Do note that merged mining of DOGE can happen with other Scrypt coins as well and not only with LTC, so some pools may have enabled merged mining of Dogecoin with other Scrypt crypto coins. We have prepared a list of pools that have already announced that are ready with merged mining support and as soon as we move past the block that should act as a starting point of the support you should start getting paid in LTC and DOGE by just mining for Litecoin. You will still be able to separately mine only DOGE, however there is not going to be much point in that when you can get the same amount of DOGE extra while mining for LTC in a pool supporting merged mining. There are still not a lot of pools supporting AuxPow merged mining, but we’ll probably see some more adding support in the next few days…

Pools with LTC and DOGE merged mining:
– Coinotron
– Multipool.us
– Litecoinpool.org
– WeMineLTC

Do note that that the AuxPow or merged mining support comes with a hardfork for the DOGE, so you will need to update your wallet to continue using it after block 371337, so if you still haven’t updated to version 1.8 of the Dogecoin wallet than it is time to do the upgrade. Have in mind that the update will require you to reindex the blockchain and that can take some time to complete.

KnCMiner Titan Scrypt ASIC Miners to Start Shipping Next Week

11 Sep
2014

kncminer-titan-scrypt-asic-miner

Today KnCMiner has announced that the company is ready to finally start shipping the much anticipated Batch 1 of Titan Scrypt ASIC miners to the customers that have preordered the devices. The pre-order price of the 300 MHS KnCMiner Titan Scrypt ASIC miner was $9995 USD without VAT (initially it was just 100 MHS) and when the preorder was announced earlier this year this may have looked like a good deal. Now however the situation is not so good and the 300 MHS units that are about to start shipping in Monday next week, according to KnC, will need quite a lot of time to just even ROI in the current market conditions. If the difficulty remains at the current level as it is at the moment you would still need about half a year just to ROI what you have paid for the miner and we know that once these ASICs start shipping we are going to see a serious increase in the total network hashrate and difficulty for Litecoin…

In fact the people that have pre-ordered or are considering pre-ordering the Batch 2 KnCMiner Titan Scrypt ASIC miners might have more luck and get faster ROI time as their units that are supposed to start shipping sometime next month will be upped to 400 MHS hashrate and cost $6995 USD without VAT. Even though these miners at that price are also not so attractive in the current market situation, so the interest in them will probably not be that high now, especially when the competition is also preparing interesting and more affordable products with higher hashrate and lower power usage.

But back to Batch 1 miners, these 300 MHS Scrypt ASICs will be broken down to 4 separate cubes using the design that the company’s 3 THS Neptune Bitcoin ASCI miners relied upon and will have a total power consumption rated at 1160 watts. This also means that each of the cubes will use almost 300 watts of power, so hopefully KnC will equip these with two PCI-E power connectors instead of just one like on the Neptunes. The announcement from KnCMiner that they are ready to start shipping the Titans did contain something interesting as well, namely the following “The Titan was designed for several variants of the Scrypt algorithm, including Scrypt-N”. This suggests that the Titan will also be capable of mining Scrypt-N coins at a lower hashrate than that available for Scrypt-based crypto coins.

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