Posts Tagged ‘X11 ASIC’

X11 ASIC Miners Daily Profitability At the Moment

21, Jun 2016

whattomine-x11-asics

It seems that there are already more than enough X11 ASIC miners available in order to essentially kill the profitability and make the purchase of a new X11 ASIC unprofitable on the long run. So what remains is the purchase of a small and affordable X11 ASIC miner for hobby miners that are not there just for the profit like most other miners are. Here is a quick check for the different X11 ASIC miners to see what daily profit you can expect via the What to Mine service. It seems that among the more established X11-based coins (they are not many and that is one of the problems for X11 ASICs) currently the most profitable one is Adzcoin (ADZ) followed by the leasing of your X11 hashrate at NiceHash and mining for DASH is a few steps below.

PinIdea DR-1 500 MHS X11 ASIC Miner:
– Adzcoin (ADZ) – $11.52 USD equivalent per Day
– Nicehash X11 – $7.05 USD equivalent per Day
– DASH – $6.39 USD equivalent per Day

iBeLink DM384M 384 MHS X11 ASIC Miner:
– Adzcoin (ADZ) – $8.84 USD equivalent per Day
– Nicehash X11 – $5.42 USD equivalent per Day
– DASH – $4.95 USD equivalent per Day

Baikalminer 150 MHS X11 ASIC Miner:
– Adzcoin (ADZ) – $3.42 USD equivalent per Day
– Nicehash X11 – $2.09 USD equivalent per Day
– DASH – $1.87 USD equivalent per Day

PinIdea DU-1 9 MHS X11 ASIC Miner:
– Adzcoin (ADZ) – $0.21 USD equivalent per Day
– Nicehash X11 – $0.13 USD equivalent per Day
– DASH – $0.11 USD equivalent per Day

The numbers above are based on the current exchange rate and do not include power costs for running the miner, so they are for the revenue you get from the miner, not the actual profit that remains when you deduct the power costs. As you can clearly see the X11 ASIC miners are already pretty expensive compared to what they are able to deliver in terms of daily earnings. If the situation remains like that you might be looking at something getting close to a year to get back your investment before starting to actually earn something on top, and things will most likely get even worse before (if) they start to get better. So if you already have an X11 ASIC miner you might want to either sell it or look for new coin launches that may temporary increase your mining profits. People that are not yet aware of the presence of X11 ASIC miners on the market that are rapidly increasing the hashrate should forget about mining X11 with their GPUs.

A Third X11 ASIC Miner Appears, the Baikal Mini Miner

19, May 2016

baikal-x11-asic-mini-miner

It seems that there is another product appearing on the market in the form of a X11 ASIC miner from a third company, though this one is apparently targeted at the Chinese mining community – the X11 ASIC Baikal Mini Miner. The miner apparently is capable of providing about 150 MHS X11 hashrate with a power usage of about 40 Watts thanks to the use of 40nm production process for the ASIC chips. There is no clear information about exact price, but it should be around 1-2 BTC or the equivalent in USD, though some shops have listed the device at a higher price than that. It is good to see more alternatives, but the big question is if the X11-based crypto coins are capable of handling the massive new hashrate that is provided by the ASIC miners that are getting produced at a fast pace with the competition heating up.

X11 ASIC Baikal Mini Miner Specifications:
– Hash Rate: 150 MHS (±10%)
– Power: 40 W (±5%) @ 0.27 J/MH (at the wall, with 25 C ambient temperature)
– Power supply: DC 12V 5A Power Adapter with 2.5 DC Plug (Not included)
– Interface: Ethernet
– Operating Temperature: 0 ~ 40 C
– Dimension: 140mm (L) x 100mm (W) x 95mm (H)
– Weight: 475 grams

It seems that the miner uses a board like Raspberry Pi for providing a web-based interface for control and monitoring of the mining process and there is no need to plug it in to a computer, all you need is power and a network cable plugged to the device. With the right price and availability outside of the Chinese markets this device can be an interesting option for home miners due to the relatively simple open design and the lower noise level, so you might want to keep an eye out for the Baikal X11 ASIC Mini Miner. For the moment we have not been able to find a way to order one of these devices to do a proper review, but we are going to keep trying.

– Check this thread on the official Dash forum for some more details about the new miner…

PinIdea X11 USB ASIC Miner DU-1 Coming Soon

17, May 2016

pinidea-x11-asic-miner

PinIdea is the second company to release X11 ASIC miners and apart from their large DR-1 miners that apparently had some issues with shipping they are ready to start shipping smaller X11 USB ASIC miners in a few days. PinIdea X11 USB ASIC Miner DU-1 is supposed to offer about 9 MHS X11 mining hashrate with about 7 Watts of power usage (1.4A at 5V), so you will need to use these with powered USB hubs capable of 2A per port to have some extra headroom. The price of the X11 USB miner DU-1 is set at 9 DASH or about $65 USD with the current exchange rate of DASH/USD (the price should include shipping cost) with shipping scheduled to start on May 24th.

The small X11 USB ASIC miners should help provide the decentralization that X11 crypto coins need after the first large ASIC miners hit the market with a lot of hashpower in the hands of a few users. Not to mention that many people will probably get these miners just for fun and not considering ROI time and such as even though they are not that much powerful, they are still something fun to play with if crypto mining is your hobby.

We have actually pre-ordered the large PinIdea DR-1 X11 ASIC miner a while ago as we wanted to review it as we did with the iBeLink X11 ASIC miner, but due to the issues the company had with shipping and miners arriving damaged we got a refund until they resolved the issue. Meanwhile PinIdea has already announced a new X11 ASIC miner called DR-2 that will be a redesigned and improved DR-1 offering 600 MHS of hashrate at 335W of power usage in a smaller and more silent enclosure. The catch is that the new miner will be available in August and that is quite some time from now and we are probably going to wait for this one to get it for a detailed review.

– To get some more details about the upcoming X11 ASIC miners from PinIdea…


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