asic mining – Mineshop.ae https://mineshop.ae Cryptocurrency Mining Hardware Wed, 10 Apr 2024 11:09:40 +0000 en-GB hourly 1 https://wordpress.org/?v=6.5.5 https://mineshop.ae/wp-content/uploads/2021/12/cropped-ms-icon-310x310-1-32x32.png asic mining – Mineshop.ae https://mineshop.ae 32 32 Jasminer X16-P (5535MH): A New Era in Ethash Dual Mining https://mineshop.ae/jasminer-x16-p-5535mh-a-new-era-in-ethash-dual-mining/ https://mineshop.ae/jasminer-x16-p-5535mh-a-new-era-in-ethash-dual-mining/#respond Fri, 09 Jun 2023 09:57:30 +0000 https://mineshop.ae/?p=27843 A new breed of ASIC miner is about to grace the cryptocurrency mining landscape. Introducing the Jasminer X16-P (5535MH), a cutting-edge Ethereum Classic miner that promises to revolutionize the way we mine Ethash-based coins like ETC, UBIQ ,MUSIC and others. About the Jasminer X16-P Designed for high-performance hashrate and extreme efficiency, the Jasminer X16-P is […]

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A new breed of ASIC miner is about to grace the cryptocurrency mining landscape. Introducing the Jasminer X16-P (5535MH), a cutting-edge Ethereum Classic miner that promises to revolutionize the way we mine Ethash-based coins like ETC, UBIQ ,MUSIC and others.

About the Jasminer X16-P

Designed for high-performance hashrate and extreme efficiency, the Jasminer X16-P is predicted to be the most profitable Ethereum Classic miner for home and office use and industrial. It operates on the Ethash algorithm and boasts a maximum hashrate of 5500MH/s, setting new standards in the industry.

The X16-P is equipped with Jasminer’s newly developed high throughput chip. This advanced technology aims to provide a balance of high performance and cost-effectiveness, making it suitable for applications ranging from home use to IDC server rooms and professional mining sites.

Key Specifications

The Jasminer X16-P, anticipated to be available in August 2023, is set to offer the following features but these are not official yet:

  • Manufacturer: Jasminer
  • Model: Jasminer X16-P
  • Mineable coins: Ethereum Classic (ETC), Musicoin (MUSIC), Ubiq (UBQ), and others
  • Algorithm: ETCHash/dualmining
  • Noise: 40 db
  • Power: 1900W (+/-10%)
  • Voltage: 220V
  • RAM: 8GB
  • Interface: Ethernet
  • Temperature: 0 – 40 degrees Celsius
  • Humidity: 5 – 95%

you can calculate  most recent profitability by this miner inserting miner performance in calculator bellow.

Or check the miner profitability here – https://www.hashrate.no/asics/x16p

About Jasminer

Jasminer is a renowned manufacturer of ASIC mining hardware, headquartered in Shenzhen, China. The company produces a wide range of ASIC models capable of hashing the Ethash algorithm. Jasminer’s commitment to creating ‘world-class’ chips is clear in their pursuit of driving the crypto world.

Other Notable Models by Jasminer

Apart from the Jasminer X16-P, the company has a variety of models in its portfolio:

 

 

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The Ultimate Guide to Antminer L7 Scrypt ASIC Miner! https://mineshop.ae/the-ultimate-guide-to-antminer-l7-scrypt-asic-miner/ https://mineshop.ae/the-ultimate-guide-to-antminer-l7-scrypt-asic-miner/#respond Fri, 02 Jun 2023 13:39:34 +0000 https://mineshop.ae/?p=27828 Antminer L7 Mining cryptocurrency is a competitive and constantly evolving industry. The profitability of mining can vary depending on various factors, such as the price of the cryptocurrency being mined, the difficulty of mining, and the cost of electricity. Therefore, before investing in a mining device like the Antminer L7, it is important to carefully […]

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Antminer L7

Mining cryptocurrency is a competitive and constantly evolving industry. The profitability of mining can vary depending on various factors, such as the price of the cryptocurrency being mined, the difficulty of mining, and the cost of electricity. Therefore, before investing in a mining device like the Antminer L7, it is important to carefully consider the potential costs and risks involved​.

Antminer L7 Specifications

Manufactured by Bitmain, the Antminer L7 is a powerful mining device released in November 2021. Weighing 15,000 grams and with dimensions of 195 x 290 x 370mm, this device has a maximum hashrate of 9.5Gh/s for a power consumption of 3425W. It operates optimally at temperatures between 5 and 40 degrees Celsius and humidity levels of 5 to 95%. Furthermore, it is equipped with four fans to help with cooling and a built-in PSU​.

The Antminer L7 is designed to mine cryptocurrencies that use the Scrypt algorithm, including Dogecoin and Litecoin. It is capable of a hash rate of over 10000 mega hashes per second (MH/s) with a power consumption of 3500 watts with firmware customization, making it a highly efficient device for mining these cryptocurrencies​.

Insert miner performance bellow in mining calculator to get current profitability  :

 

Setting Up Antminer L7

To set up your Antminer L7, you will need an Ethernet connection to connect your device to the internet. After connecting your device, you can use the provided web interface to configure and monitor your miner remotely.

In addition, to enhance the performance of your Antminer L7, consider upgrading to Hiveon’s ASIC firmware. This firmware provides several benefits, such as increased efficiency and stability, making your mining operation more profitable.

Upgrading to Hiveon’s ASIC Firmware

Before you begin the firmware upgrade, make sure you have an SD card of up to 32 GB available. The process involves downloading the L7 firmware file, formatting the SD card to FAT32 with MBR (Master Boot Record) partition scheme, and unzipping the downloaded file to copy its content to the MicroSD card.

Specifically, you will need to fill in the files in the root folder of the unzipped content, including the FARM_HASH file (with FARM_HASH from your farm settings) and the HIVE_HOST_URL file (with the API server if it is essential to replace it). Once this is done, you can insert the SD card into the control board’s slot on the Antminer L7, turn on the miner, and wait for the auto-tuning process to complete, which could take up to 2 hours.

The process of upgrading to Hiveon’s firmware involves a few steps, which I’ll outline in more detail below:

Prerequisites

Before you begin, you will need an SD card of up to 32 GB.

Downloading the Firmware

  1. Start by downloading the archive with the L7 firmware file. You can find this file at the following URL: https://download.hiveos.farm/asic/L7/SD-L7_xilinx-Hiveon-latest.zip?

Preparing the SD Card

  1. Once you have the SD card, you will need to format it to FAT32 with MBR (Master Boot Record) partition scheme. This can usually be done through your computer’s file explorer or disk management software​.

Unpacking the Firmware onto the SD Card

  1. After formatting the SD card, unzip the downloaded file and copy its content to the MicroSD card. In the root folder of the unpacked files, you will find files named FARM_HASH and HIVE_HOST_URL.
  • FARM_HASH: In this file, insert FARM_HASH from your farm settings. This will allow the ASIC miner to connect to your specific farm on Hiveon OS.
  • HIVE_HOST_URL: If it is essential to replace the API server, insert the new server address here. If the file is left empty, the standard server (api.hiveos.farm) is used​.

Installing the Firmware

  1. After you have copied the necessary files to the SD card, turn off your ASIC miner and insert the SD card into the control board’s slot.
  2. Turn on your ASIC miner. After the miner is powered on, it will start an auto tuning process. This process might take up to 2 hours, and it’s important not to interfere with the miner and keep the devices powered on during this time to ensure a successful and error-free operation​1​.

Troubleshooting

If you encounter any problems during this process or receive error statuses, reach out to the Hiveon support team. Be sure to provide a link for the specific worker that is having issues.

By following these steps, you can upgrade your Antminer L7 with Hiveon’s ASIC firmware, improving your miner’s efficiency and stability and potentially increasing your mining profits.

Remember, always make sure to check that the firmware you are installing is from a trusted source, such as the official Hiveon website. This is to protect your device from malicious software and maintain the security of your mining operation.

This firmware is Supported to all Antminer L7 Devices :

Antminer L7 8800mhs asic miner

Antminer L7 9050mhs asic miner

Antminer L7 9300mhs asic miner

Antminer L7 9500mhs asic miner

 

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Unveiling Bitmain’s KAS Miner KS3: Comprehensive Review and Future Implications for KAS Coin Mining https://mineshop.ae/unveiling-bitmains-kas-miner-ks3-comprehensive-review-and-future-implications-for-kas-coin-mining/ https://mineshop.ae/unveiling-bitmains-kas-miner-ks3-comprehensive-review-and-future-implications-for-kas-coin-mining/#respond Fri, 26 May 2023 09:18:31 +0000 https://mineshop.ae/?p=27796 The world of cryptocurrency mining is all about making the best of what you have, and it’s safe to say that this mantra applies doubly so for those invested in the field of ASIC (Application-Specific Integrated Circuit) mining. The landscape of ASIC miners has recently seen a significant shakeup with the launch of Bitmain’s latest […]

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The world of cryptocurrency mining is all about making the best of what you have, and it’s safe to say that this mantra applies doubly so for those invested in the field of ASIC (Application-Specific Integrated Circuit) mining. The landscape of ASIC miners has recently seen a significant shakeup with the launch of Bitmain’s latest mining rig, the KAS Miner KS3. This ASIC miner specifically targets the kHeavyHash algorithm, utilized by the Kapspa (KAS) coin.

The KS3 is a power-packed addition to the marketplace, boasting an impressive hashrate of 8300GH/s (±10%) and power efficiency of 0.38 J/G (±10%) at 25°C, which is currently one of the best available in the industry. But what exactly does this entail for prospective miners? Let’s delve deeper into its specifications, potential risks, and overall implications for KAS coin mining.

KS3 Miner Specifications

This robust rig is designed to operate under a wide range of power supply conditions, with AC input voltage ranging from 200-240 volts and frequency range of 47-63 Hz. The networking connection is facilitated via an RJ45 Ethernet 10/100M.

The hardware stands at a sizable 430mm x 195.5mm x 290mm without packaging, and a slightly larger 570mm x 316mm x 430mm with packaging. Despite its heavyweight performance, the KS3 itself weighs just 16.1kg (net weight), making it manageable for handling and setup.

The KS3 operates optimally at temperatures between 0 and 40 degrees Celsius, and in humidity levels of 10% to 90% (non-condensing). The rig is also designed to function at altitudes of up to 2000m.

A Word of Caution

While the Antminer KS3 appears to be a promising proposition, as with any investment, it does carry certain risks. The first is the release of a newer, more efficient model. As technology evolves at a breakneck pace, ASIC miners are frequently outpaced by their successors, often resulting in decreased profitability over time.

The high price point of the KS3, currently around $50,000, also presents a significant barrier to entry. It leads to a prolonged or potentially even non-existent Return on Investment (ROI). With the possibility of competing manufacturers releasing similar performing miners like the Iceriver miner, the market could soon be flooded, diluting individual miner’s profits.

As an example, let’s consider the current daily inflation reward for the KAS coin, which is approximately $500,000. If 5,000 miners are released (which seems to be a minimum estimate), the profitability of each miner would drop from $2,000 to about $100 a day. This would push the ROI for the KS3 miner to around 500 days, assuming no changes in the market.

If we were to imagine a scenario where 10,000 miners are released into the market, profitability could potentially drop even further. In a dynamic and rapidly evolving market, it’s essential to keep in mind these considerations before making a substantial investment.

Check current KAS coin mining profitability insert the performance in calculator bellow :

Or Check the current profitability of this miner here : https://hashrate.no/asics/ks3

Final Thoughts

The Bitmain KAS Miner KS3 indeed brings impressive specifications to the table. However, the rapidly evolving landscape of cryptocurrency mining and the high entry cost make it critical for potential investors to carefully evaluate the potential risks and rewards. As always, staying informed and updated with the latest trends is key to a successful and profitable mining venture.

 

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Whats better Asic or GPU miners? https://mineshop.ae/whats-better-asic-or-gpu-miners/ https://mineshop.ae/whats-better-asic-or-gpu-miners/#respond Wed, 25 Jan 2023 13:23:52 +0000 https://mineshop.ae/?p=26990 If you are new to crypto currency mining and cant decide where to start then the choice between an ASIC miner or a GPU miner will depend on a variety of factors, including the specific cryptocurrency that you are looking to mine, the mining difficulty, your budget and the price for electricity! Both Asics and […]

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If you are new to crypto currency mining and cant decide where to start then the choice between an ASIC miner or a GPU miner will depend on a variety of factors, including the specific cryptocurrency that you are looking to mine, the mining difficulty, your budget and the price for electricity!
Both Asics and GPUs have cons and pros:
Pros of ASICs:
  • High hash rate: ASICs are specifically designed to mine a particular cryptocurrency and can perform the task much faster and more efficiently than general-purpose devices like GPUs.
Cons of ASICs:
  • Expensive: ASICs can be expensive to purchase and may not be cost-effective for small-scale miners.
  • Limited flexibility: ASICs can only be used to mine a specific cryptocurrency and are not suitable for mining other types of coins.
  • Noise and heat: ASICs can generate a lot of noise and heat, which may not be suitable for home use.
  • power consumption
Pros of GPUs:
  • Flexibility: GPUs can be used to mine a wide variety of cryptocurrencies and are generally more affordable than ASICs.
  • Lower noise and heat: GPU miners generate less noise and heat compared to ASIC miners, which makes them more suitable for home use.
  • You can resell your miner into parts to gamers when are u done with it.
Cons of GPUs:
  • Lower hash rate: GPUs are general-purpose devices and not specifically designed for mining, which means they may not perform as well as ASICs when it comes to mining a specific cryptocurrency.
If you are looking for the most powerful miner available, then ASIC are the way to go. However, if you want a more affordable miner that consumes less energy, then GPU are a better option. It really comes down to what you are looking for.
ASIC (Application-Specific Integrated Circuit) miners are specialized hardware designed specifically for mining a specific cryptocurrency. They are typically more powerful than GPU miners, and can offer a higher hash rate (the speed at which the miner can solve the complex mathematical puzzles required to validate transactions on the blockchain) for a given power consumption. They also tend to be more expensive than GPU miners.
GPU (Graphics Processing Unit) miners, on the other hand, are general-purpose hardware that can be used to mine a variety of cryptocurrencies. They are typically less expensive than ASIC miners, and are more versatile as they can be used to mine multiple coins, but they generally have a lower hash rate and higher power consumption than ASIC miners.
The coin you want to mine also play a huge role in the decision. For example, Bitcoin mining is mainly done with ASIC miners, as the mining difficulty is very high and requires specialized hardware.
In summary, if you want to mine a specific coin, and want to get the best performance, an ASIC miner would be the best choice. But if you want to mine multiple coins and want a more versatile and budget-friendly option, then a GPU miner might be a better choice. Gpu is more suitable for mining in home environment rather then Asics, where asics is more suitable for industrial environment! 
It’s worth noting that the mining industry is constantly evolving with new ASIC miners being released and old ones becoming obsolete, so it’s hard to say which is the best available on the market right now. However, as of my knowledge cutoff, some of the most popular and powerful ASIC miners currently available include:
 
  1. Bitmain Antminer S19 ProXP: This ASIC miner is designed for mining SHA-256 cryptocurrencies, such as Bitcoin and Bitcoin Cash, and has a hash rate of 110 TH/s with a power consumption of 3250 W.
  2. MicroBT WhatsMiner M50  This ASIC miner is designed for mining SHA-256 cryptocurrencies, such as Bitcoin and Bitcoin Cash, and has a hash rate of 112 TH/s with a power consumption of 3250 W.
3. The AVALONminer 1246 is a newer ASIC miner that has recently been released and is designed specifically for mining the SHA-256 algorithm-based cryptocurrencies. It has a hash rate of 90 TH/s and a power consumption of 3250W, which is considered to be quite efficient for an ASIC miner.
4. The WhatsMiner M32 is an ASIC miner designed for mining SHA-256 based cryptocurrencies, such as Bitcoin and Bitcoin Cash. It has a high hash rate of 110 TH/s and a power consumption of 3300W
 
The best GPU miner will depend on the specific cryptocurrency that you are looking to mine, as different cryptocurrencies have different requirements and algorithms. However, some of the most popular and powerful GPU miners currently available include:
  1. NVIDIA GeForce RTX 3090: This is currently considered one of the most powerful consumer GPUs available on the market, and is well-suited for mining a variety of cryptocurrencies, including Ethereum.
  2. AMD Radeon RX 6800 XT: Another popular choice for GPU mining, the Radeon RX 6800 XT has a high hash rate and low power consumption, making it a great option for mining a variety of cryptocurrencies.
  3. NVIDIA GeForce GTX 1080 Ti: This GPU is considered one of the best value-for-money options for mining, as it offers a high hash rate at a relatively low cost.
  4. AMD Radeon RX 5700: is a budget-friendly option that can still mine many cryptocurrencies well.
It is important to note that the mining difficulty and network hash rate of a cryptocurrency can change over time, which can affect the mining profitability and the best GPU miner to use. Additionally, the cost of electricity, cooling, and the cost of the GPU itself should be taken into account when determining the profitability of mining.
So all in all if you have cheap electricity available and good amount of budget why not invest into crypto currency mining as cryptocurrency is a relatively new technology, and its future is not yet certain. Cryptocurrency has the potential to revolutionize the way we think about and use money, and it has already shown to be a disruptive force in the financial industry. However, there are still many challenges and uncertainties that need to be addressed, such as regulatory issues, security concerns, and scalability limitations.
Many experts believe that cryptocurrency has the potential to become a widely accepted form of currency in the future, as more and more businesses and organizations begin to accept it as payment. Additionally, the use of blockchain technology which is the underlying technology of most cryptocurrencies, has the potential to revolutionize various industries such as supply chain management, voting systems, and real estate.
On the other hand, there are also experts that have a more cautious view on the future of cryptocurrency, highlighting the challenges and risks associated with this new technology. It’s worth noting that the cryptocurrency market is highly volatile and the value of cryptocurrencies can fluctuate greatly in a short period of time.
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? Is CryptoCurrency mining⛏️ profitable in 2019, which is most profitable mining hardware? ? https://mineshop.ae/%f0%9f%92%b8-is-cryptocurrency-mining%e2%9b%8f%ef%b8%8f-profitable-in-2019-which-is-most-profitable-mining-hardware-%f0%9f%92%b8/ https://mineshop.ae/%f0%9f%92%b8-is-cryptocurrency-mining%e2%9b%8f%ef%b8%8f-profitable-in-2019-which-is-most-profitable-mining-hardware-%f0%9f%92%b8/#respond Wed, 12 Jun 2019 10:39:45 +0000 https://mineshop.ae/?p=4467 If you are new to crypto currency mining or you want to find out what is current profitability in crypto currency mining , you want to stick around for this one. Most of you who is in mining or has ever wanted to invest in mining here is for making profits. About 99% miners are […]

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If you are new to crypto currency mining or you want to find out what is current profitability in crypto currency mining , you want to stick around for this one.

Most of you who is in mining or has ever wanted to invest in mining here is for making profits. About 99% miners are looking to make some kind of profit in crypto mining, only about 1% or less here is for supporting networks. Mining might be high risk and high reward business category. As it is very unpredictable it is hard to tell what you will be earning after 1 week or one month. We can only look into mining calculators today and see what is the profitability. Because tomorrow crypto currency which you are mining, price could collapse or skyrocket. Who has been in crypto for a while now , will understand what i’m talking about. Mining profits does depend on few factors like :

  • your equipment costs
  • mining software efficiency
  • your equipment efficiency
  • your energy costs
  • do you have any extra costs like (rent,security,how expensive is your location, equipment cooling costs)

As in any business you are looking for your ROI as soon as possible, and doing most efficient way will always be the most less risky way. Let me give you and example 2 guys (John and Noah) start mining at the same time , they buy same mining equipment for the same price. Lets say Antminer S9 , John is mining from his house garage and pays 10c for 1kwh and the Noah sends his equipment to data center and gets deal for 5c kwh all inclusive. Of course the Noah whose power is 5c for 1kwh will do his ROI much faster, so for him it will be less risky investment.

Always this is not the case and there is possibility that newer mining hardware will be released. In that situation both of the guys might loose their investment , as the new hardware might be more efficient. And there wont be any profit using the previous generation hardware.

Im in mining business for over 3 years now and have been trough up and downs. Have gained a lot of experience by mining and also distributing hardware. Have made big gains and also very big looses buy buying large quantities of asic mining rigs. Asic mining is the most dangerous, but people still do it as it is sometimes more rewarding then gpu mining. A have got burned a lot of on the asic equipment, but not so much with gpu miners. The beauty about gpu miners is that if you choose the right hardware there is a lot of variety coins of to choose for mining. And i could bring you stable profit.

So before you get in mining , do your business plan first. Do all the calculations, think all the details trough, all the small expenses. Cause everyone case is different, someones power might be slightly more expensive. But he is using somewhere else the heat produced from mining, and saves other expenses like for example heating or growing tomatoes costs. Don’t forget also to check current mining equipment profitability, best sites to check is :

But be very careful about asic miner profitability, dont get flashed about seeing high profitability rating. Always remember if new miner is released on preorder, the profit will be much lower when you will receive miner. And the second thing that newer generation miner lot more efficient miner could be released by different asic miner manufacturer. In that way you might not even get your invested money back. If i would suggest Asic mining , i would say that choose to mine coins like Litecoin or Bitcoin. Because these coins are one of the oldest, and the mining has got very advanced on them. Newer generation miners wont be so often released and wont be as highly overate profitability.

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