Posts Tagged ‘scrypt

The next generation of Scrypt mining performance and efficiency comes from Lokotech, a Norwegian company, that has opened pre-orders for their Lokotech Hashblade Scrypt ASIC boards offering about 2 GH/s mining hashrate at just 145 Watts of power (about 0.0726 J/MH) and the mining boards come in the form of PCI-E cards. The device comes in the form of a PCI-E x1 board with 128 pieces of the S1 ASICs mounted on it, air or immersion cooled and powered by 2x 6/8-pin PCI-E power connectors, communication with the computer is done either over PCI-E x1 or USB cable. And now for the most important question – the price – it is currently set at $1999 USD per board for the just opened pre-orders with shipping expected in the second half of 2024. Lokotech is also offering for pre-order a complete mining system with 10 of their Hashblades inside giving you around 20 GH/s hashrate with around 1750 Watts of power usage, also shipping in the second half of 2024 with a price tag of $20199 USD.

We haven’t seen much of development from other already known manufacturers of Scrypt ASIC miners for a while now, so maybe Lokotech will help a bit in moving and shaking that space as well with their upcoming release that offers better hashrate and power efficiency. So, if you pre-order now it will be more than half a year before you get your mining hardware and you should have that in mind as a lot can and will probably happen next year in the crypto world. Some of you might know that earlier this year we’ve had another Litecoin (LTC) halving with the block reward going down from 12.5 LTC to 6.25 LTC and the next halving will be in 4 more years, so that is a while before mining profitability for LTC goes down significantly due to another halving. Then there is the merged mining of LTC and DOGE, so this is probably what most people will point their Scrypt miners at anyway, but then again you will also have the option to mine other alternative Scrypt-based crypto coins as well.

For more information about the preorder of Lokotech’s Scrypt ASIC miners…

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…

The Gulden (NLG) crypto project, an older one available for a few years already originally based on Scrypt Proof of Work algorithm, has switched the mining algorithm. Their new PoW algorithm targeted at CPU mining is called SIGMA and is designed to be ASIC/GPU resistant. The goal of the algorithm switch is to also attract new miners and users for the project as there hasn’t been much development for Scrypt mining for quite some time and mining hasn’t been largely become unattractive for a lot of users not having ASICs and cheap electricity.

SIGMA or Semi Iterated Global Memory Argon is a new and unique algorithm developed for NLG. The algorithm is designed to require more memory, making it impractical for implementation by ASICs rising the price, but not entirely impossible. It is also complicated to make fast hashing parallel on GPUs to achieve much faster performance than on CPU, so CPU mining for now is the only option for mining Gulden coins. It seems that CPU mining is getting a lot more attention lately with RandomX as well and other algorithms like SIGMA.

Moving back to CPU mining means that everyone with a low, or mid to high-end CPU will be able to mine new NLG coins, for the moment there is no pool mining for SIGMA and NLG. Mining is SOLO and done through the official local wallet, so for mining you need to download the latest version and you need to update it anyway if you had some Gulden coins stored in a wallet prior the fork. So make sure you update to the latest available version as there have been some fixes in the last few days after the fork happened on October 16th that fix issues. If you need a good crypto exchange where to trade NLG coins you can head on to Bittrex.


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