A New Benchmark for Scrypt Mining
The technology of Scrypt mining ASICs has exploded in the past year and many believe that 2014 will be the year for mining scrypt based currencies like Litecoin, Dogecoin and Auroracoin. For a company like Bliss Devices, these advancements are providing individuals with innovative chips, faster hashing and lower cost of ownership. In fact, Bliss Devices....
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As bitcoin mining increasingly becomes more of a professional pursuit, hobbyists and newcomers have turned their attention to scrypt mining. So, at CoinDesk, we wondered, 'why not try scrypt mining ourselves?'. Watch the video to see how well we fared: . We got our hands on a Gridseed G-Blade miner, one of the first scrypt miners in the market to use ASIC chips. ASIC chips have been used to mine bitcoin for over a year, now they are making their way into scrypt mining. That's making scrypt even more attractive to newbies. MinerEU is the European distributor for the China-based manufacturer....
ZeusMiner has been a hit in the Scrypt ASIC Miner manufacturer world. They released their miners at many locations in the field. First, they sold units directly to customers. Second, they did OEM manufacturing for companies like GAWMiner and Hashra. Being able to do both spurred huge growth for the new manufacturer. With the growth and large sales numbers, ZeusMiner has been able to surpass the initial reach that Gridseed, the first Scrypt ASIC miner manufacturer to the market, achieved in a big way. ZeusMiner On The Global Scrypt Mining Network and Next Gen Scrypt Miners. ZeusMiner has....
Cloud mining services do not have the best of reputations in the world of Bitcoin and virtual currency. Most of these cloud mining companies have been struggling to make ends meet, which can be partially blamed on the low Bitcoin price. On the other hand, there have been quite a few cloud mining services who have turned out to be Ponzi schemes. It looks like Scrypt.cc has deliberately made some wrong moves to defraud customers in the past few days. Scrypt.cc – Recovering From a Hack and Loss of 3,500 BTC. Most people were not surprised when Scrypt.cc announced their platform got hacked a....
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....
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....