Cex.io Contemplates Expansion To Scrypt ASICs: CCN Exclusive Interview With Cex.io
Here at CCN, I was able to talk with Jeffrey Smith of Cex.io and ask him a few questions about cex.io and ghash.io. For those readers that are unfamiliar with the Cex.io/Ghash.io websites, they provide simple access to mining power of any size for end users around the world. With Cex.io, users can purchase GH/s on a freely floating hash for Bitcoin exchange. Ghash.io is the mining pool that rented equipment from Cex.io is pointed towards, many other miners also use Ghash.io because they are able to offer 0% fees and a high hashrate consistently. Back a few months ago, CCN raised concerns....
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Ghash.io mining pool website. London-based Bitcoin exchange and cloud mining services provider, Cex.io announced on Tuesday that they were lowering the maintenance cost from $0.18 to $0.105 for 1 GHS per month. This reduction in maintenance cost comes after the company upgraded its hardware for mining bitcoins in the cloud. In addition, the hardware upgrade would also enable the company to arrange the lowest possible electricity consumption costs for hosting the ASICs. Also read "Cex.io Contemplates Expansion to Scrypt ASICs: CCN Exclusive Interview with Cex.io". Maintenance Costs and....
We all know that Scrypt ASICS are now available for purchase, and miners have been hashing away at Scrypt coins, leaving GPU miners to scramble to under algorithms, most popular being Scrypt-n and x-11. Scrypt ASICS may have also had a negative effect on prices, for Darkcoin and Vertcoin. Darkcoin is the most popular X11 coin, and Vertcoin is the most popular Scrypt-n coin, so it’s logical to assume that is where most GPU miners flocked to. For example, take a look at what happened to Darkcoin. At a current market weighted average of 0.0098 BTC, this is the lowest it has been in 2 months,....
Scrypt ASIC Race Towards The Bottom. KnCMiner has promised 250 MH/s for 1000W. This morning, Mining ASICs Technologies (MAT) posted a press release to their website. In it, they announced that their Excalibur 1 (100 MH/s) and their Excalibur 2 (200 MH/s) would be upgraded to Excalibur 3 (125 MH/s) and Excalibur 4 (250 MH/s), respectively. This free upgrade comes on the heels of an eventful week in the competitive world of Scrypt ASIC Mining hardware manufacturing and design. Originally slated for September release, MAT is now confident that their Scrypt ASICs might even start shipping in....
MAT Bitcoin ASIC 6TH/s. Netherlands based company Mining Asics Technologies B. V. (MAT) today announced it would start taking pre-orders for a new range of Scrypt ASIC miners. MAT is one of the first companies to introduce a wave of powerful new Bitcoin Asic miners and Scrypt ASIC miners for Dogecoin, Auroracoin, Feathercoin, Litecoin and other scrypt cryptocurrencies. Pre-orders are open from 12 March 2014. Standalone Scrypt ASICs. All of MAT's ASICs are standalone embedded application devices featuring a Linux operating system running CGminer. The devices can be configured via webGUI....
With the scrypt mining world dominated by GPUs (Graphic Processing Units), a surprising but long-awaited addition is coming - ASICs. ASICs, application-specific integrated circuits, are much more efficient in mining currencies, being much smaller, running at lower temperatures, and requiring less electricity for much higher hash rates. But how viable are would scrypt ASICs be, and just which companies would you trust with your money in pre-orders? Many people might recall the way Butterfly Labs handled shipments, causing mighty long delays, affecting a miner's profit as the difficulty only....