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Posts Tagged ‘Litecoin (LTC)’

The Goldshell MINI DOGE II 420 MH/s Scrypt ASIC Miner is Now Available

1, Mar 2023

Goldshell has completed their new BOX II home-oriented mini miners line-up with the release of the MINI DOGE II miner that is now available on their website for orders. The new Goldshell MINI DOGE II ASIC miner, much like the other BOX II devices, comes with dual operating modes – 420 MH/s at 400 Watts or 355 MH/s at 260 Watts for the Scrypt algorithm. The device can merge-mine LTC and DOGE simultaneously or any other Scrypt-based crypto currency. The new Mini DOGE II miner comes in the updated slightly larger and heavier form factor compared to the older MINI DOGE PRO devices and with dual 6-pin PCI-E power connectors due to the increased power usage, just like the rest of the BOX II product line. There is a slight improvement in terms of efficiency for the higher hashrate mode where you get 0.95 Watts per Megahash (compared to 1.1 Watt per Megahash for the MINI DOGE PRO), but the more interesting efficiency wise number is in the low power mode where you get 0.78 Watts per Megahash in terms of power usage.

The new MINI DOGE II Scrypt ASIC miner is available for order at a price of $495 USD from the official Goldshell website, the price does not include shipping and taxes and it is for a WiFi equipped version (apparently wireless connectivity comes standard for this model). Expected date for the orders to start shipping is said to be before March 13, so in about two weeks. Do note that the official specs, just like with other BOX II devices are wrong in terms of the actual size cited by Goldshell, the devices are slightly larger and heavier compared to the previous PRO models!

Official Goldshell MINI DOGE II Specifications:
– Default Hashrate Mode: 420 MH/S ±5%
– Default Hashrate Power: 400 W ±5%
– Low-Power Mode: 335 MH/S ±5%
– Low-Power Mode: 260 W ±5%
– Operating Temp: 0~35 ℃
– Dimension: 178mm*150mm*84mm
– Noise： ≤35 dB
– Connection Port: Ethernet/Wi-Fi
– Net Weight: 2.3 kg

In terms of efficiency even in the low power mode the Goldshell MINI DOGE II is still very far from what the latest Bitmain Antminer L7 Scrypt ASIC miner is able to offer, but not everyone can afford an L3 or be able to run it due to its high-power requirements. Goldshell MINI DOGE II comes as a more affordable, even though not the most efficient solution, that you can easily run at home or in a small mining operation. It is pretty silent and easy to operate, placement around the home is easier if using WiFi connectivity and can be used as a compact home heater that kind of covers the whole electricity it uses (depending on your electricity costs) at the moment. Interesting, but not very profitable new release with the current market conditions, so do think twice before pulling the trigger on this one.

– To visit the official Goldshell MINI DOGE II Scrypt ASIC miner product page…

New Innosilicon A6+ LTC Master 2.2 GHS Scrypt ASIC Miner

16, Apr 2019

Litecoin (LTC) has been doing pretty well lately and no wonder that with the returning user interest in one of the oldest altcoins out there, ASIC manufacturers are also trying to attract new customers for their improved mining hardware. Here comes the new Innosilicon A6+ LTC Master ASIC miner wth PSU included promissing 2.2 GHS Scrypt hashrate at 2100W of power usage ready for shipping at a price of $3000 USD (or 0.613874 BTC or 45.034 LTC with the current prices). Innosilicon A6+ is an enhanced version of last year’s Innosilicon A6 LTC Master with improved performance and energy efficiency. The new Scrypt ASIC miner almost doubles the hashrate with just half of the power usage increase and it is interesting to note that Innosilicon still sells the old A6 miner at a price of $2000 USD without PSU for 1.23 GHS hashrate with 1500W power usage (significantly less than the initial price of $6300 USD it had when announced). Unfortunately running the numbers for the new miner through an LTC mining calculator, while profitable, the profit you can currently get over the power cost isn’t really attractive to really make you want to pull the trigger and get the miner.

Innosilicon A6+ LTC Master Specifications:
– Hashrate: 2.2 Gh/s (+/-5% performance)
– Power Consumption: 2100w ( +/-10%, normal mode, at the wall, with 93% efficiency PSU, 25°C temperature)
– Size: (L)360mm*(W)155mm*(H)247mm (dual tube)
– Net Weight: 9.31KG (without PSU)
– Internet connection: Ethernet
– Ambient Temperature: 0°C to 40°C

– For more details about the new Innosilicon A6+ LTC Master Scrypt ASIC miner…

Litecoin Cash (LCC) is an Upcoming SHA256 Fork of Litecoin

4, Feb 2018

If you just had enough of Bitcoin forks lately, then this might be of interest – an upcoming Litecoin fork called Litecoin Cash (LCC) is coming up shortly and it will be using SHA256 as mining algorithm among some other changes. The Litecoin Cash (LCash anyone?) will be forking at Litecoin block which should occur on or around February 19th, 2018 will have a 10:1 claim ratio for Litecoin (LTC) users holding their coins in a local wallet or a compatible exchange or service that will support LCC. The maximum LCC supply will also be 10 times higher at 840 Million and the block reward will also be 10 times higher than what Litecoin currently has, so 250 LCC per block. The target block time remains at 2.5 minute, though difficulty adjustment will be changed, LitecoinCash will be using Evan Duffield’s proven DarkGravity V3 algorithm from Dash to recalculate mining difficulty on every block. There will also be a a slow start for the mining so block rewards will start at 1.25 LCC and grow to 250 LCC over the first 400 blocks after the fork. Unfortunately there is also a mention of a premine, supposedly less than 1% of total money supply at fork time to be paid to a development fund (should be about 5.5 Million LCC). Some good places to trade the coin include HitBTC, Stex, Yobit.

The reason that the team behind Litecoin Cash (LCC) cites as choosing to switch to SHA256 proof-of-work algorithm for mining is that this should enable a new use for previously obsolete Bitcoin mining hardware. While that may be true it will also open up the doors to large mining farms using up to date Bitcoin mining hardware, so well… good luck with that if things pick up fast. The “small premine” is not small at all even at 1% considering that there are already 55 Million Litecoins in circulation (out of 84), so around 550 Million at forking time for LitecoinCash out of 840 Million. The 1% premine is 5.5 Million LCC or 550 Thousand LTC, looking at it this way certainly does not make it “small premine”, does it? So next up anyone else seeing Litecoin Gold or more likely Litecoin Silver with Equihash or another GPU friendly mining algorithm? Anyway, nobody holding LTC is going to refuse some free coins, just be careful and always transfer your Litecoin coins to a fresh address first before importing any private keys into LitecoinCash or any other fork wallet for that matter.

Here is how Charlie Lee (the creator of Litecoin) has comment on Twitter regarding LitecoinCash (LCC) and any other forks that use Litecoin as a part of their name, according to him “any forks that you hear about is a scam trying to confuse you to think it’s related to Litecoin”. It is up to you to decide for yourself should you support LitecoinCash (LCC) and/or any other forks that may come out bearing the name Litecoin something.

– For more information about the upcoming Litecoin Cash (LCC) fork of Litecoin (LTC)…


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