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Posts Tagged ‘Verge ASIC miner

We can’t confirm for sure yet, but we are seeing a lot of reports coming from Asia about what seems to be the first Lyra2REv2 ASIC miner called DAYUN Zig Z1 getting released. A 28nm-based ASIC miner that is capable of producing 6.8 GHS Lyra2REv2 hashrate with about 1200 Watts of power usage (176.5 W/GH efficiency) is apparently already available for sale with a price range of about $8000-9000 USD. This would mean that profitability for GPU mining coins like Monacoin (MONA), Vertcoin (VTC), Verge (XVG) and others using the Lyra2REv2 algorithm will start dropping further making them unprofitable to be mined with GPUs really soon. It is interesting to note that none of these popular Lyra2REv2 coins is showing significant change up in their network hashrate lately, meaning that either these devices are just getting out of production now and on sale, or they are being produced just now…


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