Antminer S21: What We Know So Far

Bitmain’s teaser video has left many in anticipation. The Antminer S21 is rumored to mine at a staggering 200 terahash, consuming around 3,000 Watts. The most exciting part? Bitmain might be introducing a revolutionary Asic chip, aiming to bring the efficiency down to an unprecedented 15 joules per terahash.

Bitcoin’s Current Landscape

As of August 21st, 2023, Bitcoin’s value stands at $27400, experiencing a slight dip. The crypto market is known for its volatility, with Bitcoin’s all-time high reaching $68,789.63 on November 10th, 2021. The big question on everyone’s mind is when the next Bitcoin Bull Run will commence and what the new all-time high might be.

The Competition

At Mining Disrupt 2023 in Miami, Zeely Miners showcased their K-10 Ultra Bitcoin miners. These air-cooled miners boast over 200 terahash, consuming a little over 4,000 Watts. With competitors stepping up their game, Bitmain’s announcement of the Antminer S21 seems timely.

Profitability Projections

Based on the rumored specifications, the Antminer S21 could potentially earn around $13.39 in Bitcoin daily, with electricity costs estimated at $7.56, leaving a profit of $5.83. These figures are based on the current value of Bitcoin and could vary with market fluctuations.

The Big Reveal

All eyes are now set on the World Digital Mining Summit 2023, scheduled for September 22nd-23rd at the Ritz Carlton in Hong Kong. This annual event by Bitmain promises to unveil the official details of the Antminer S21. Attendees can expect a mix of networking, knowledge sharing, and a glimpse into the future of crypto mining.

Final Thoughts

The Antminer S21, with its rumored specifications, has the potential to set new standards in the Bitcoin mining industry. As Bitmain prepares to unveil this game-changer, the crypto community watches with bated breath. Whether you’re a seasoned miner or a crypto enthusiast, the Antminer S21 promises to be a topic of discussion in the coming months.

Remember, while the world of cryptocurrency offers numerous opportunities, it’s essential to approach it with caution and due diligence. Always stay informed and make decisions based on thorough research.

Previous generation air cooled ASIC miner models from manufacturers.

Happy mining!

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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

2. 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

3. 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

4. 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.
5. 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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What Makes Jasminer X4-Q Stand Out?

Developed by SUNLUNE Technology (Jiangsu) Co., Ltd, the Jasminer X4-Q is a high-throughput 1U server equipped with Jasminer’s self-developed high-throughput intelligent engine. With this engine, the X4-Q is specifically built for complex blockchain networks, providing an impressive hash rate of 1040MH/s±10% at a power consumption of just 370w±10%.

What makes the X4-Q even more appealing is its silent operation, producing noise levels of ≤ 40 dB, making it perfect for home use. Its compact size, built-in fan, and low power consumption further add to its attractiveness.

Setting Up and Using the Jasminer X4-Q

The Jasminer X4-Q’s user-friendly interface makes it relatively easy to set up and start mining. It only requires a power supply, a network connection, and a few parameters to be set.

Pre-Use Inspection

Before starting to use the X4-Q, inspect the package for any deformations or interface damage. Check for abnormal sounds or loose screws. If you find any issues, contact the after-sales department immediately.

Connecting and Configuring the Device

1. Connect your X4-Q to a router or exchanger without PoE (Power over Ethernet) function. The device supports a wired network connection only.
2. After connecting and powering the device, find its IP address. You can do this by logging into the router connected to the device and looking for the “JASMINER” device, or by using the IP Report software provided by Jasminer.
3. Enter the IP address into your web browser to open the device interface. The default Username and Password are both “root”.
4. Once logged in, enter the “Miner” configuration interface to modify the core pool settings. Fill in your preferred and two alternative mining pool addresses, account name, and password. Select the algorithm (the device supports both ETCHASH and ETHASH algorithm) and click “Update” to submit the configuration.

After 30 minutes of activity, you can view the device’s hash rate on the “Status” page.

You can checkout  this miner current profitability here – https://hashrate.no/asics/x4q

Or insert miner data in down bellow calculator :

Additional Settings

The interface also allows you to change network configurations, modify login credentials, view log information, upgrade system firmware, restart the device, and restore the device to factory settings.

Power and Performance in a Compact Package

The Jasminer X4-Q is not only a powerful performer but also boasts a thermal-friendly grille-type artistic design, highlighting both personality and the beauty of technology. Its hanging lugs on both sides make it suitable for deployment in IDC server rooms, homes, or other environments.

In conclusion, the Jasminer X4-Q is a powerful, efficient, and quiet solution for those looking to mine Ethash coins. Its user-friendly design and high performance make it a compelling choice for both home and data center use. So, why wait? Start mining with the Jasminer X4-Q today and experience the future of crypto mining.

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What is Kaspa Mining?

Kaspa is a decentralized, open-source blockchain platform that aims to provide a faster and more efficient way of processing transactions. Unlike Bitcoin, which has a block size limit of 1MB, Kaspa’s block size limit is dynamic, meaning it can adjust according to the network’s needs. This dynamic block size limit ensures faster transaction processing, making Kaspa a promising alternative to Bitcoin.

Kaspa uses a proof-of-work (PoW) consensus algorithm, which means that miners have to solve complex mathematical problems to validate transactions and earn rewards. The mining process involves using computer hardware, specifically GPUs, to perform these calculations.

Best GPUs for Kaspa Mining

The profitability of Kaspa mining depends on several factors, such as the current market price of Kaspa, the mining difficulty, and the cost of electricity. However, using the right GPU can significantly improve your mining efficiency and profitability.

The RTX 4000 series GPUs are the best currently at the time of this post for Kaspa mining, with the most efficient being the RTX 4070Ti and RTX 4090. The RTX 4070Ti can achieve a hashrate of 1100mhs at 100w, while the RTX 4090 can achieve a hashrate of 2200mhs at 240w. These GPUs are more energy-efficient and powerful, making them ideal for Kaspa mining.

Our shop also manufactures plug and play Kaspa mining rig with NVIDIA GPU.

Profitability of Kaspa Mining

The profitability of Kaspa mining depends on various factors, such as the price of Kaspa, the mining difficulty, and the cost of electricity. One RTX 4090 GPU can currently generate approximately $65 in passive income from mining a month currently, assuming a Kaspa price of $0.03 and an electricity cost of $0.10 per kWh.

However, it’s essential to note that the profitability of Kaspa mining can fluctuate depending on market conditions. The best way to check the most accurate mining results is to use a mining calculator, which takes into account all the relevant factors.

Conclusion

Kaspa mining is a promising opportunity for crypto enthusiasts looking to earn passive income. With the rising prices of Kaspa since October 2022 – 2500%, the profitability of Kaspa mining has increased, making it a worthwhile investment. By using the right GPU and staying up to date with market conditions, miners can maximize their profits from Kaspa mining.

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 :

• https://whattomine.com  for GPU mining
• https://www.asicminervalue.com for newest ASIC miner hardware

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.