Syan Technologies, a Hong Kong-based producer of digital currency mining machines, is expected to release their third mining hardware te the Vega mining series – called the X11 Dash miner. The machine goes after from Vega Huis Bitcoin Miner and Vega 2s Litecoin Miner, with all the machines utilizing the 14 nm (nanometre) technology.
Hong Kong’s Syan set to release Dash miner following on from Bitcoin and Litecoin miner
The chip system
The X11 Dash miner is expected to use a chip based on the original Vega’s bitcoin chip (ASIC STA1220) and litecoin chip (2S’s SCRYPT ASIC SCR1440). Additionally, the casing, chassis, cooling systems and PSU would be the same spil the previous two devices.
Low supply te the X11 market
The company believes that its X11 ASIC would inject a market where there are not too many X11 miners, spil X11 is fairly complicated to implement with scaling issues relating to 14 nm. However, the company is certain that the third Vega machine would be spil sturdy and efficient spil the previous two machines. The concentrate of the product would be to give good ROI to the users, both big and small-scale users.
The X11 is fairly complicated to implement with custom-made circuits. While X11 wasgoed designed with an intention to stave off ASIC miners, the Dash mining is already witnessing ASIC miners. The X11 system is also used by other cryptocurrencies – Darkcoin, Givecoin, Global Denomination, Hirocoin, Logicoin, StartCoin, SmartCoin, EuropeCoin, LimeXCoin and some others.
Expected release of X11 Dash miner
The company is yet to release its technological specifications for the product. The fresh machine would be released within the next few weeks and will be available for pre-order from the company’s webstek.
The company’s X11 Dash miner is working te the laboratorium and the tests conducted on it have shown that the machine is working spil vanaf the standards set by the company.
Company’s previous releases
The company’s very first Vega miner, the Vega Bitcoin Huis Cryptocurrency Miner, has bot te the market only a few months and the pre-sale of 2nd product, Vega 2S Litecoin Huis Cryptocurrency Miner having only embarked a month ago.
Upsides of X11 algorithm
There are several upsides of X11 algorithm for a miner:
- The X11 mines with low power consumption compared to Bitcoin’s SHA256 PoW (Proof of Work) algorithm. This means that casual users are likely to find their huis power enough for individual mining project.
- The X11 also does not waterput strain on your hardware. Spil compared to the Bitcoin’s SHA256 algorithm, the Dash’s X11 does not waterput any strain on hardware.
- One can get more prizes by joining the Dash mining pool, however on the downside, the X11 community is not very widespread and the prize is not worth spil much.
Vega Dash Miner Competition
The Vega Dash miner is expected to see competition from several previous hardwares ter the market. The key hardware options ter the market are spil goes after:
- Antminer D3: The Antminer D3 is the most popular Dash miner te the market. The miner has a hash rate of 15 GH/s and uses 1,200 watts of power. However, the initial investment is the highest among the three, at US$Two,700
- Baikal Mini ASIC: The Baikla Mini ASIC is the most efficient Dash ASIC on the market. It offers a hash rate of 300 MH/s and uses only 75 watts at max. The miner is very petite ter size and costs US$550
- Baikal Giant A900 ASIC: The Baikal Giant A900 is utterly low power consumption, of just 216 watts and offers a hash rate of 900 MH/s. However, the miner is expensive and costs around US$Two,400. The miner is especially good for beginners, spil it is plain and effortless to optimize.