gawminers-hashlets

The last few days the guys at GAW Miners have been teasing us with something new and big coming, and there were already some interesting news like the purchase of the domain name BTC.com and the acquisition of a controlling stake in cloud mining provider ZenMiner. The big news that we were waiting for however is the introduction of the Hashlet, or as they call it the world’s first digital cloud miner – a new project that is apparently designed to help miners to actually make profit mining crypto currencies. The idea of the Hashlet is that you purchase a digital miner, no need to pre-order, and it is instantly activated and starts mining for you. There will be no shipping costs or waiting time for some hardware to arrive, it will be activated instantly and controlled online though the web interface of ZenCloud and you should be able to easily upgrade it or even sell it.

gawminers-hashlet-digital-miner

Hashlets, the world’s first Digital Cloud Miners (DCM), will be hosted in a reliable datacenter with 99.9% uptime guaranteed. So you will not have to deal with all of the issues associated with managing of hardware miners such as noise, heat or power issues or worry what will you do with an ASIC miner hardware once it gets obsolete and cannot generate enough to even pay for the electricity it uses. Hashlets are supposed to be constantly upgraded and remain state of the art in order to keep them profitable as long as possible with the maintenance cost decreasing over time and not increasing. Purchasing a Hashlet will also get you exclusive access to the ZenPool, a new multipool designed especially for the Hashlet with the best possible profitability and zero mining fees. It also seems that you will be able to also trade your Hashlets in a dedicated marketplace, so if you decide you no longer need the miner you should be able to easily sell it to someone else that is interested.

gawminers-hashlet-features

The idea of the Hashlets seems really good as it should bring all the best parts of hardware miners forward, and leave behind all their limitations, so a great choice especially for new miners. It is what cloud mining should be for miners that want to move from actual hardware miners to the cloud mining, making things easier to use and manage and above all to actually make profit mining now. Let somebody else manage the hardware for you and save you all the trouble and focus on the mining and making profit, something that has become quite hard lately with the BTC ASIC miners and even with the currently available LTC ASCIs as well. One thing is for sure, you can place your trust in GAW Miners and their Hashlet digital cloud miners and know that they will not disappear like many new cloud mining services that have appeared lately and have turned out to be scams. That is why we are already waiting with a lot of interest for the specifications and prices to be announced for the new Hashlets, something that should happen later today, and also to try them out and report our own experience. So stay tuned for more information as it becomes available and meanwhile you can take a look at the details that have already been revealed.

Update: The Hashlet is now out in the wild and you can already purchase some. It seems that the initial interest was so big that the users brought down the whole Shopify network briefly. And now for the prices, each MHS is available for $15.99 USD and you can scale it up to 100 MHS and then buy multiple Hashlets of up to 100 MHS as well. These prices of the Hashlets are already cheaper than anything you can currently purchase in terms of the price per MHS you get from a Scrypt ASIC miner. Also the current maintenance fee is $0.08 USD per MHS.

For more information about the new GAW Miners Hashlet Digital Cloud Miners…

a2oc-modified-web-interface

Innosilicon still has not made any release of the source code of their cgminer fork with support for the A2 Scrypt ASIC chips, what you get with their A2 Terminator Scrypt ASIC devices is a Raspberry Pi with a preloaded cgminer and simple web interface to control the device. The standard web interface however is a bit limited in the supported operating frequencies – 1000 and 1200 MHz. The recompiled cgminer does allow for a few more operating frequencies to be used, however they are not selectable by default through the web interface of the miner. Some time ago there was a modified image released by a user called Emdje that supposedly allowed more overclock options. However it has turned out that it was not really functional as even though you could select operating frequency at steps of 5 MHz the cgminer did not accept these values and instead defaulted to some of the supported frequencies.

Back when we first had the chance to do a remote test of a A2BOX Scrypt ASIC miner we have discovered that the only supported operating frequencies by the Innosilicon A2 Terminator Scrypt ASIC miners are: 1000, 1080, 1100, 1200, 1280, 1300 and 1400 MHz. This is why we have made a modification to the standard RPi image that ships with the A2 miners, so that you can quickly and easily add the supported frequencies to be selectable from the web interface of the miner. This should allow you to squeeze some more extra performance from your device, regardless if it is the smaller 2 module or the large 6 module ASIC model, as our tests have shown that most of the miners should be able to work pretty well at up to 1280-1300 MHz up from the maximum of 1200 MHz that you have by default. Below you can download the modification we have prepared along with the instructions on how to update your miner, so that you get the extra OC options available.

How to login to your miner via SSH/SFTP using putty/WinSCP:

– username: pi
– password: innosilicon

Where to find the miner and web interface:

/var/www

Replace the index.php file with the following modification:
modified index.php

All that is left is to refresh the webpage with the miner interface and you should see the new options for operating frequencies available in the dropdown boxes for the A2 modules. For the smaller miners you need to select just the first two frequencies as you can see on the image above, for the large A2 miners you need to set all of the six frequencies. Do note that each of the modules can operate at a different frequency, so experiment and set the best frequency for each one that gives the lowest HW error rate and optimum performance.

kncminer-titan-scrypt-asic-miner

KnCMiner has released an update regarding their upcoming Titan Scrypt ASIC miners, according to the manufacturer they are already finishing the first run in fabrication of the chips this weekend with wafers being sent to the next step: encapsulation. After that the finished chips will be sent to Stockholm, Sweden, where they’ll move into the testing and assembly phase, and then the finished miners will be prepared for delivery. The company has also announced that the Titan chip will use a PCB (board) with the same physical dimensions and footprint as the ones used by the Neptune SHA256 ASIC miners, while requiring substantially lower wattage as well as the same new modular design system for the miner itself.

So it seems that KnCMiner will be able to meet the Q3 delivery schedule for the Titan Scrypt ASIC miners, with the company probably starting to ship the devices sometime in September. That however does not come as so good news for the people that have pre-ordered the miners early expecting to be able to make a quick ROI and get some nice profit. With the current Litecoin network difficulty that continues to increase all the time and the not so good market price for the LTC at the moment even getting a return of the initial investment seems like a hard to achieve goal, let along to make some profit. That is of course if the market conditions continue to be unfavorable for the Scrypt ASIC miners – increasing difficulty and declining price of LTC. The fact that we are still probably a month away from the Titans starting to get into the hands of miners along with the fact that other ASIC manufacturers also expect to have products ready for delivery by that time does not make things seem so bright for the customers expecting their Titans.

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