Sunday, 21 October 2018

Introducing Suqa and The New X22i Algorithm


These days its really hard to filter the new projects from the tons of junk that get introduced into crypto, we see lots of projects that rarely offer anything new or anything to be excited about. Suqa is a new kid on the block and is bringing its own alogorithm which is X22i. Very much like Raven Coin, Suqa is promising to be ASIC, FPGA and quantum resistant using a special part of their own algorithm called SWIFFTX.

An Nvidia Miner can be picked up here https://github.com/zjazz/zjazz_cuda_miner/releases

They have also released an experimental AMD miner 

More info on the SUQA project can be found https://bitcointalk.org/index.php?topic=5038269.0


Wednesday, 3 October 2018

Z9 Firmware With Unlocked Frequencies


The Z9 has now been out a little while and the community has now finally been able to crack the firmware to unlock the frequencies so you can overclock it. Reports have it that they overclock extrememly well with mixed results in the bitcointalk forum.

Obviously this is a huge risk and done at your own risk as you could possibly brick your machine. Have a read through the forum post

https://bitcointalk.org/index.php?topic=5041859.0

Wednesday, 12 September 2018

Return For Spondoolies


If you have been in the mining market for a few years then you will recognise the name Spondoolies, they shut down mining operations in 2016 but now look to be making a return, although its with an ASIC miner that is a little bit expensive and would be a huge gamble

They have announced the fastest Dash miner on the market which will mine at an impressive 540GHs and use a staggering 4.4Kw of energy. With the price of the miner starting at $15500 it is a huge investment which I would not be confident on seeing a return on. I ran the calculator with my energy costs and it said I would be minus yes minus $32 a day..... Maybe I am calculating it wrong

System Performance

Efficiency:8.1 J/Gh/s
Hash rate:540 GH/s (+/- 10% at 25 °C)
Operating temperature:5-35 °C
Power:4,400W

Dimensions

Box:640 X 525 X 185 mm
Gross Weight:19.5 kg
With PSU handles:595 x 434 x 88 mm
Without handles:560 x 434 x 88mm
Official page here https://www.spondoolies-tech.com/products/spx36

Tuesday, 4 September 2018

FutureBit Releasing Apollo Miner



For people that have been into hobby mining for a long time then they will understand the love for USB miners, a simple and effective way to get you into the mining scene but staying on a budget. Futurebit have announced they will be releasing the Apollo miner which for you USB lovers is the next step up on a budget. Here are the specs

 Compact Stand-alone Pod Style Miner (4x6x4in)
- Very wide range of operation modes with preset ECO (quiet) mode and TURBO mode.
- 100-140+ MH/s of Scrypt performance per miner
- Industry leading 1W/MH in ECO mode, and 1.4W/MH for TURBO (100-200 watts)
- Powered by a fully integrated Quad-Core A7 ARM based controller
- First miner to be fully controlled over wifi, only cable needed is power! (this will be a Beta feature on launch..backup ethernet port is available as well).
- Clocks and Voltage is fully customizable by user with easy to use interface (no more pots!)
- Industry leading 97% efficiency 12v power-stage, with 27 ASIC chips powered in a 3x9 parallel/serial power arrangement
- Custom designed cold forged hexagonal pin heatsink with leading thermal performance for the quietest ASIC miner in operation!
- 2k-6k PWM High Static Pressure Dual Ball Bearing Fan with automatic thermal management with onboard temperature sensor
- Controlled via local connection on a web browser similar to antminers. You can simply set it up via smartphone browser. No crazy driver installs, hard to use miner software or scripts needed.
- Two Six Pin PCIE power connectors for wide-range of power draw (only one is needed in ECO mode)
- New future platform features including full-node/peer to peer fully decentralize mining, full stand-alone solo mining, cloud/app based controls and more in development. 


Expect it to retail at around $200-$300 which isn't to bad but the cost per $ per MH is no as good as Bitmain, although the power usage per MH is a ton better. Just be aware if you are looking to make serious money this may not be the item for you

You can check it out over on Bitcoin talk here

FutureBits other project Moonlander 2 USB miner

Saturday, 4 August 2018

Innosilicon New T2 Turbo Bitcoin ASIC Miner



Innosilicon has released its new T2 turbo Bitcoin miner which can be seen above and hashes at around 25Th/s using 1980Watts. For me the power usage is still way to high for me to earn a good profit but the machine is selling at $1350 which is really quite cheap for the spec and compared to Bitmain. It also comes with a PSU which can be seen on top of the miner, delivery of the first batch starts from 15th August to 25th August on a first come first serve basis

Although I do believe Bitmain will release their own newest Antminer for BTC very soon, not sure of what speed/power we will see but I think it will be more than what Innosilicon are offering

For more details check out Innosilicon's official website

Checked what my profit would be with my huge power costs and I would only make $2.72 a day after electricity is paid

Friday, 20 July 2018

NiceHash Opens Closed Beta Registrations For Next Huge Update


NiceHash have started taking sign ups for their next NiceHash software which is promising to be the biggest overhaul ever. Nicehash is know for its ease of use and ease of setup making it to be one of the most popular programs for miners to use.

This is what they had to say

We are proud to announce the third major iteration of our platform since the initial creation of NiceHash in 2014. We have been working hard over the past few months to deliver a better and simpler user experience while keeping the site fresh and up to the latest design standards. We are bringing a ton of new features, a completely new NiceHash Miner and also a few other surprises!
We welcome you to try out our new creation by participating in the closed BETA testing program. Closed BETA will be available for 500 selected users, and our main goal is to catch as many bugs as possible and patch them.
If you are interested in trying out our new products and features, and above all willing to help us polish the user experience, we invite you to submit the following form. 1 BTC bounty is waiting to be distributed between top 100 contributors with a raffle at the end of the closed beta period.
We'll contact you via email with more details and instructions, once the closed BETA will launch!
Thank you.

The form is a Google Docs form which you can find and submit here
https://docs.google.com/forms/d/e/1FAIpQLSfY9uV85Xkt37bQ2mStJKyFr8E9qMtcnO4KQekbzv8IaIyoqQ/viewform?fbzx=7990315330803792000

I was a bit sceptical at first with them using Google Docs so made sure the link was correct and found it on their official Twitter
https://twitter.com/NiceHashMining/status/1019944734473834496 

Monday, 2 July 2018

Could the 11XX Series Nvidia Cards Not Be As Great As We Think?


Sales in GPU's have started to drop and the price has finally started to drop on new units but this comes for two reasons. Profit is way way down, the whole crypto market on a whole is way way down and until we see some recovery our profits will remain low. Secondly people waiting on the new 11 series cards instead of buying another 10 series cards.

Details of the next gen Nvidia cards have been vague to say the least will no real leaks coming and no dates, although people are speculating that it may not be long until we see them. The image above taken from this Reddit post and thanks to microcompass for allowing us to use it gives us some idea of why the 11 series cards may not be as great for mining as we may think.

Quoted from the post

Assumed cost of $0.10/kWh, sales tax of 5% (no tax on used cards), and running cards 24/7 for two years.
My findings/thoughts:
If the 1180 retails at $699, even with the efficiency increase, its actually pretty poor value compared to some of the deals that can be found on used 10XX cards right now. At $699, with a kWh cost of $0.10, I calculate a total cost price of $846.27 over 2 years, or $1.01 per Sol/s (assuming 840 Sol/s).The 1170 at $499 would be much better value, coming in at a 2 year total cost of $618.99, or $0.88 per Sol/s (assuming 703 Sol/s), but still not the game changer some might be expecting.
2x 1070’s at $300 each would produce a total cost of $781.44 over 2 years, or $0.91 per Sol/s (430 Sol/s X2), slightly worse than predicted on the 1170, however you can buy these TODAY, not 2-4 months down the road, more than making up for the slight overall cost bump.

The intial cost of the new cards will be the huge let down for us looking to mine, as microcompass says we would be better picking up 10 series cards at today's prices and they will only get cheaper

Of course there will always be people that will go and buy 10 brand new 1180's not realising that the returns aren't going to be that great


Credit U/Microcompass