Cryptocurrency Mining Farm Reclaims Abandoned Fishery Plant for Crypto Mining Venture in North-Eastern Quebec

A working agreement has been struck between Canadian energy provider, Hydro Quebec, the Quebec hamlet of La Tabatière and online high-end electronics retailer, Vipera LLC (Viperatech) in the hopes of offering employment opportunities to a remote community in the Lower North Shore region of north-eastern Quebec. La Tabatière, frequently used as a trading hub for traders and the fishing industry which offered the community stable employment for decades, has been in negotiations with business development executives at Vipera and secured by Forest Hill chartered broker Dhiren Patel with the intention of repurposing the abandoned fish plant. The property was acquired through a repossession auction from the municipality in 2020, with an agreement made with the provincial energy provider in the hopes of bringing back sustainable job opportunities to the village.

Vipera plans on converting the fairly new factory into an air-cooled cryptocurrency mining facility which will offer colocation hosting to clients for half of the capacity, while the other half will be used to mine internally. With this new endeavour, Vipera will provide tech jobs for select members of the local workforce who will manage and maintain the operation. The total current power capacity of the location is approximately 6 Megawatts.

What is a Cryptocurrency Mining Farm?

A cryptocurrency mining farm is essentially an enclosed, controlled space in which computer servers process network transactions for a specific coin in hopes of being rewarded a fractional fee. The computing power is used to process calculations that confirm transactions on the blockchain, an essential role in the sustainability and security of digital currencies. To scale an operation, crypto farmers install hundreds and thousands of ASIC servers and require personnel to install, maintain and deploy cooling or dissipation systems to keep generated heat to a minimum. Crypto miners are rewarded with a portion of the digital currency they mine after they secure and confirm one of these transactions and those with the most “hash” (processing) performance will naturally secure more rewards.

Vipera is aiming to build a 6-megawatt farm, which equates to around 2,000 ASIC miners combined. The main warehouse will be equipped with ventilation systems to ensure stable low temperatures are consistently met and additional Bitmain mobile containers with hangar-style canopies are being erected outside the main warehouse to further expand the company’s vision. Vipera will begin hiring various members of the community to join the development phase in both full-time and part-time capacities for the facility. The Mayor for the Gros-Mécatina region, Randy Jones, has supported the project with hopes of revitalising a once-thriving economy.

Vipera’s team have been operating several crypto mining farms for the past 5 years from small to medium scale, and their combined knowledge and experience will be of great benefit to the project’s success. Operations are slated to begin by Summer 2022, as the ice floes melt and the area is accessible once again by sea for transport of containers, mining equipment, transformers, networking material and HVAC systems. As a remote location only accessible by sea or air, with temperatures varying from frigid to cool throughout the year, Vipera is confident the property selection will be a great complimentary fit to other mining operations currently set up under its banner in North Dakota, USA and Dubai, United Arab Emirates and will offer customers interested in colocation hosting competitive rates and options.

Bitmain has announced the release of a powerful new ASIC SHA-256 algorithm miner and the latest version of their movable mining farm container as a complementary set; the Antbox H3 V2 Liquid Cooling system. The ASIC Miner, dubbed the S19 Hydro +, will be the most powerful crypto miner to date with even higher performance than the incoming highly anticipated S19 XP, providing nearly double the hashrate of the industry’s current leading ASIC Model the S19 110T Pro. Online high-end electronics provider, Viperatech.com (Vipera LLC), is now offering pre-order opportunities to the public for February and May 2022 production batches through Bitmain.

This is a significant development for the ever-growing crypto mining industry despite current market scenarios, and mid to large farms, especially in hot climates, will be taking advantage of this quiet and efficient Bitmain S19 Hydro tandem. The crucial role that ASIC miners play at the core of the blockchain network means that new hardware that holds a higher hashrate and better energy efficiency immediately outperforms its predecessors and quickly provides an extremely lucrative investment opportunity for anyone willing to take part.

The S19 XP and S19 Hydro + are also being touted as ‘halving proof’ next-generation ASICs. It induces inflation in the cryptocurrency’s price by reducing the number of bitcoin in circulation and increasing demand for Bitcoin. Bitcoin halving has implications for all stakeholders within Bitcoin’s ecosystem, which is slated to occur at the end of 2024.

The S19 Hydro + is designed with a closed-loop water cooling system to maintain low temperatures and increase stability and will exceed the current leading hashrate by more than 40%. Capable of producing 198TH/s at a power consumption of 5445 watts and a power efficiency of 27.5J/TH, this ASIC will be a popular choice and leading solution for operators mining the SHA 256 algorithm for at least 5 years. It is important to note liquid cooling system Bitmain have developed is set to help maintain stable low temperatures in even the hottest climates with a noise decrease of 80% over traditional high-rpm air-cooled ASICs– something that has been long sought out in an industry in which even 1 degree centigrade of temperature can make a big difference across multiple units.

Bitmain has also designed and is currently producing a brand new two-piece Antbox, dubbed “Antspace”, to house this new hardware; Antbox H3 V2, also designated internally as the Antspace HK3. This mobile mining container comes with a stand-alone hydro cooling tower and uses a hybrid wet and dry liquid cooling system that continuously feeds the Antbox to maintain stable low temperatures and increase energy efficiencies. The new design can house up to 210 S19 Hydro Asic Miners with a total combined energy consumption of less than 1 MW. The Antbox H3 V2 comes equipped with all of the usual high-end features that Bitmain is associated with such as facial recognition software, magnetic locks, a direct terminal substation for 3-phase power or transformer and 1-year warranty. Lead time for production is 20 days with transit by ocean another 30-45 days at current shipping speeds to the USA, Europe or the Middle East.

Currently the Antbox is only available for customers in the Middle East (GCC) or North America. The minimum order quantity is set to 190 S19 Hydro + units and only 1 Antbox H3 V2. Pre-orders are open and available through Viperatech.com, and allocations are limited with only 2 batches planned.

News of Bitmains new Antminer, the S19XP, has made its way around the world after rumours were confirmed to be true at the World Digital Mining Summit 2021 held in Dubai on November 9th and 10th of 2021.

The new ASIC dubbed the S19XP is a big improvement in power and efficiency based on the previous S19 models and other branded ASIC’s. We’re seeing a nearly 30% increase in hash power from the S19Pro and a drop in electrical requirements too. When it comes to energy efficiency, the S19XP outperforms Bitmains previous Asic’s by a large margin, sitting at 21.5 joules per terahash. This may come down to Bitmain’s decision to use 5nm chips instead of the traditional 7nm chips.

NM stands for nanometers and although a jump from 7 to 2 might not seem large but really it adds up to about 1.5-2x the transistors which is a huge increase for speed and a decrease in power consumption based on the size of the transistor itself becoming smaller.

Bitmain has opened up pre-orders for their new miners, due to be launched in the third quarter of 2022, but regular Joe miners won’t find them online. Usually, companies like Bitmain will open up first to the top mining companies, such as BitNile, who have apparently secured units already for their environmentally-friendly push towards becoming one of the world’s largest digital mining companies.

Exactly how many S19XP’s will be released at launch next year is uncertain. China’s recent crackdown on cryptocurrency has been an issue for Bitmain who now have to rely on their factories in Indonesia and Singapore for production. This and the global shortage of semiconductors could make the new Antminer extremely difficult to find, simply because there won’t be enough of them to make it to the public market after mass shipments to large-scale mining companies.

The S19XP is set to cost around $10,500 (USD) initially, but expectations are that the price will soar when they eventually make it to market. Whatever happens, this is a continuous move upward and onward from the cryptocurrency mining industry.

A technology eCommerce site, Viperatech.com, has secured stock of the new Bitmain Antminer S19XP and begun accepting pre-orders for Q3/Q4 2022 deliveries. The XP edition of the extremely successful S19 Antminer from Bitmain has been long-awaited and excitement has been building steadily after the Bitmain World Digital Mining Summit last month.

At the event, Bitmain confirmed rumours about the S19XP, providing its intended launch date as well as its hashrate and power specifications. An impressive 30% increase in hashrate efficiency over their last model, the S19j Pro, positions this ASIC miner in a class of its own. These boosts in hashrate power make the S19XP the most powerful ASIC crypto miner on the market.

Stocks for new ASICs are always difficult to track down. Hardware companies like Bitmain, Canaan and, Goldshell, open up presale orders to the major crypto mining companies before the public gets access to stock. Often by the time the new ASIC even gets to the public, it is being sold at higher prices based on market demand, which in turn makes crypto mining less lucrative, considering a big percentage of overall profit is determined by initial costs.

One authorized reseller of Bitmain, Viperatech, opened up pre-orders today. They may very well be the first crypto mining hardware reseller to allow orders of the S19XP and that’s huge for anyone in the crypto mining industry because finding hardware at market value is increasingly difficult.

Viperatech has stated that pre-orders are for the 3rd and 4th quarter of 2022 and that orders are backed by Bitmain’s Price Protection. With the new Price Protection system, orders placed are locked in at the price quoted when they first purchased the ASIC miner. The reason this is important is that as the price of bitcoin changes, the value of bitcoin ASIC miners changes too. If Bitcoin were to double in price, the hardware used to mine it would increase alongside it. Bitmain’s new offering allows buyers to have peace of mind that they will not have to spend more money to secure the unit if Bitcoin keeps on an upward trend. Better yet, if the price of Bitcoin drops, the price of the ASIC miner will drop too. Meaning you will never pay more than what you were quoted at the start, but you could end up paying less.

This Price Protection offer from Bitmain is a great tool to empower individuals in an often volatile market, but, as we see Bitcoin and Ethereum continue their impressive steady climb it’s important to ask, how long before digital currencies take centre stage in the world’s financial sector, only time will tell.

Vipera is a premier source for selective, highly sought-after electronics and cutting edge technology solutions catering to the digital advertising, cryptocurrency, A.I. processing, corporate I.T. and PC gaming industries.

Welcome to the future of independent mining farms. Since the beginning of cryptocurrency mining, the major problem for those wanting to step up their mining production has been scaling solutions. The high costs associated with purchasing a warehouse or dedicated mining facility along with the management of the space, electrical costs, lost efficiencies and security protocols have always kept people from creating their own mining farms. That is until Bitmain came to the rescue. With dedicated, movable, independent mining farms solutions, Vipera LLC is proud to provide you with the Bitmain Antbox N5 V2. 

What is an Antbox?

The Bitmain Antbox is an independent, self-contained cryptocurrency mining farm solution. A dedicated space for all your crypto mining processes, built from the ground up with a sole focus of creating an integrated mining facility for the ultimate hashrate to energy efficiency output possible.

Why is the Bitmain N5 V2 Special?

Bitmain has pulled out all the stops and packed the Anbox N5 V2 with features that help miners achieve industry crushing hashrates and minimal electricity costs such as a fanless design equipped with cooling pads and inlet/outlet shutters that help it reach a power usage effectiveness (PUE) of extreme efficiency. This is an important factor when scaling solutions for mining farms as electrical costs can ruin profits and prevent a quick return on investment (ROI).

The Bitmain Antbox is designed to accommodate 207 S19 model ASIC’s and is exclusive to the S19/S17/T19 “double-stack” format. When we look at the current mining capabilities of the S19, with a hashrate of 95TH/S it can mine around $30 (USD) per unit per day. This would allow miners to make an extremely lucrative income stream of around $6,000 a day, up to $2,400,000 a year. The Antbox is stackable vertically up to 3 units and horizontally stackable up to 6 units, this helps streamline space management efficiency and reduce costs associated with purchasing land.

An important factor to consider when getting into cryptocurrency farming is deployability and this is one of the things Vipera loves about the Antbox. It is easy to set up, comes preset from the factory and can be moved without hassle. Built with flame-retardant, fireproof materials and environmentally protective, energy-saving systems, Bitmain has ensured the Antbox’s electrical features meet UL/CUL standards and is certified by the Chinese Classification Society. The rugged, durable build of this unit allows it to be used year-round.

Efficiency is the end goal when mining cryptocurrency and with a top wiring grid bridge for better cable cooling and a heat dissipation water curtain to reduce internal running temperatures, owners of the Bitmain Antminer N5 V2 can rest comfortably at night knowing they have the optimal conditions for mining the SHA-256 algorithm for Bitcoin, Acoin, Terracoin and more. Security features are always necessary and even more so when you step up operations and start a cryptocurrency mining farm. This is why the Antminer N5 V2 comes equipped with a security camera, an internal emergency exit button for safety. On top of all of these components, buyers will also get a 3D recognition face scanner that is to be installed on-site. 

Conclusion

If building a cryptocurrency mining farm is the next step on your path to financial freedom, or if you are just interested in investing in the cryptocurrency mining sector then the Bitmain Antbox N5 V2, with all of its efficiency features and security systems, is the right path to take. Viperatech.com has secured 15 of these unique units and is currently selling the Bitmain Antbox at $63,000(USD), down from $79,000 with savings of $16,000. Investors can expect a Return on Investment (ROI) after their first year, depending on additional operational costs such as electricity, land management and staffing.

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About Vipera LLC

Viperatech is a premier source for selective, highly sought-after electronics and cutting edge technology solutions catering to the digital advertising, cryptocurrency mining hardware, A.I processing, corporate I.T. and PC gaming industries. For more information, contact us at 1-877-446-5697 or email us at info@viperatech.com.

Links

viperatron.com/product/antbox-v2-n5/
asicminervalue.com/miners/bitmain/antminer-s19-95th
support.bitmain.com/hc/en-us/articles/4406863706393-Certificate-of-Conformity-for-ANTBOX-N5-V2

PoS vs PoW and why it matters

Today we are going to discuss some differences between Innosilicon’s A11 Pro ASIC and Nvidia’s CMP 170hx for cryptocurrency mining, but first we need to discuss briefly what PoW and PoS mean and how they will impact the industry. 

Pos Vs PoW

Proof of Stake and Proof of Work are systems deployed by digital currency networks that allow transactions to be recorded. They have slight variations that change the way we view cryptocurrencies but they both have the same agenda, to create a more sustainable and secure future for crypto.

Proof of Work is the process in which an individual with computing equipment processes calculations to confirm a transaction inside the blockchain and stores its information on a so-called digital “Ledger” so that the community can hold a record and understand the legitimacy of each transaction. This process is called mining and it is the process that Bitcoin deploys today. The reward for completing these calculations and confirming their legitimacy in the blockchain is a digital currency, i.e Bitcoin. Anyone with enough computing power can essentially “mine” bitcoin, the benefit being that you make money as you mine. The issue is that it takes a lot of computing power to mine bitcoin and that is because it is essentially a race amongst all the miners to see who can complete the calculation the fastest. The more computing power the quicker you can complete the calculations. This system creates inequality amongst miners, simply put, the more money you have to invest in ASIC miners and specified computing solutions, the higher your chances are of completing the calculations and grabbing that reward before other miners get the chance. It’s a good system that is difficult to cheat, to do so a single miner would need to have 51% or higher computing power than the rest of the miners, and that is an extremely costly affair in today’s market.

This is where Proof of Stake comes in. Proof of Stake is essentially the same system with a few tweaks, instead of independent miners competing to be the fastest to complete the calculations, miners must first “stake” coins to become a “validator” and then will be chosen at random to complete the transaction process. The process of staking coins is essentially like investing in a business to see rewards over time. Validators are given a transaction fee “reward” after completing their assigned task. This means that miners, called “forgers” in PoS, do not have to have insane computing power to be able to play a role in the transaction process. They will have to have enough coins in the first place though because they need to “stake” those coins in order to be given validator status.

One of the reasons cryptocurrency companies want to move towards PoS is that PoW is extremely energy-consuming. In 2018 the entire world’s bitcoin mining operation used more energy than the entire country of Sweden. This kind of energy consumption creates negative attention in the press and as public pressure builds the crypto industry seeks out alternative methods. PoS might be the alternate method the cryptocurrency companies are looking for.

As we said before, PoS does not need insanely high computing power because forgers are not competing with each other to secure a transaction the quickest. This means that energy consumption for PoS can be considerably lower than PoW systems. Subsequently, because computing power does not need to be as high, there will be more opportunities for beginners looking to get into the crypto industry.

This is exactly the change that will take place when Ethereum upgrades in early 2022. Ethereum plans on increasing scalability, security and sustainability with these changes and one of the ways they intend on doing so is by swapping to PoS.

Now that we have briefly discussed the differences between PoW and PoS, let’s talk about ASICs and GPUs.

ASIC vs GPU – Pros & Cons

As I mentioned earlier, mining is all about computing power. Not just any computing power but the type that allows for lots of calculations to be made at the same time. The two ways to do this is with a GPU or an ASIC. Both have pros and cons, both should be implemented for different reasons based on your requirements.

ASIC Pros

• Significantly higher hashrate
• Extremely easy to set up and use
• Energy Efficient

ASIC Cons 

• Expensive
• Low resale value
• Low availability
• Limited coin flexibility

ASIC’s range greatly in price, if you are lucky to find one under $3,000 (USD) with a good hashrate and low energy consumption then often you can find yourself with a good investment. However, prices can soar into the $50,000 (USD) territory. One of the reasons costs can be so high is market value and low stock quantities, but the other reason is ASIC’s can achieve much higher hashrates than GPUs. This usually means that ASIC’s can deliver higher profits and a quicker ROI, but it is dependent on electrical costs and cryptocurrency market value. The downsides to ASIC’s are a lack of flexibility for which coin you mine, ASIC’s need to be built to hash a certain algorithm that represents the coin of its choice, this cannot be changed so if a coin’s price fluctuates so does your profit margin. Another issue is that they keep coming out with better versions which in turn make the previous version a bit redundant because you cannot upgrade an ASIC.

GPU Pros

• Flexibility of use and coin choice
• Resale Value stays high as graphic processors are always a hot item
• Availability is high, lots of products on the market
• Easy entry level price

GPU Cons

• Low hashrate
• Technical set up
• Use more space

GPU’s are extremely flexible, not only can they be used for mining crypto but they are also applicable as their primary use, a graphics card. This means they have a good resale value. There are lots of GPU’s on the market and miners can be personalized with their setups, adding and removing pieces as they change their focus or as the market demands. Unfortunately, GPU’s can’t perform as well as ASIC’s can and because hashrates are lower, so too are the profit margins. A big positive for GPU’s though is miners ability to change which coin they are mining based on how profitable a coin is, this is a very good thing in a market as volatile as crypto.

Innosilicon A11Pro – ASIC

This is a long awaited piece of hardware from Innosillicon. Capable of mining the Ethash algorithm for coins like Ethereum, Metaverse, Etho, Halo and many more. The A11Pro is a huge step up from its previous generation, the A10Pro, with a 150% increase in hashrate, up from just 750MH/s to an impressive 2GH/s. The A11Pro will be able to mine up to $150 (USD) a day based on current coin estimations which puts ROI at around 12 months with $50,000 (USD) profit in the second year of operation. Obviously market value has a large role in these numbers and fluctuations will occur from time to time. The A11Pro has a noise level of 75db which is similar to a vacuum cleaner and is powered at 2500 Watts.

Nvidia’s CMP 170hx – GPU

The 170HX is the 5th in a line of cryptocurrency mining processors from Nvidia focusing on the crypto industry. Nvidia have boosted their hashrate performance significantly with the 170HX and have managed to reach an increase of around 30% from their previous models. This unit is set to mine at 164MH/s with daily profits just shy of $15 (USD). It has a power usage of 250 Watts and an ROI in around 12 months with a profit margin of $4,500 (USD) in the second year.

Bottomline

As you can see yourself by the numbers, both of these options are good choices for people looking to get into mining and make some profit. Both have ROI within the first year and decent profits in the second year. The difference is all in the investment and the risk associated. The more you invest, the higher your chance at profit, but obviously that comes with higher risks. Most people would agree that crypto isn’t going anywhere and that it is going to continue to increase in usability and popularity over the next few years, therefor making mining investments more lucrative over time, but no one can actually tell where the market will go and whether or not things will look the same in a years time.

Behind the Scenes of the 3 Most Popular GPU Based Mining Hardware on the Market

GPU (Graphic Processing Unit) mining grew in popularity naturally as crypto mining grew in popularity. Traditionally, those looking to mine cryptocurrencies would use a CPU (Central Processing Unit) to complete the calculations required to solidify a transaction in the blockchain. CPUs, however, are slow and because of this, they limit the number of coins that are minable in a short timeframe. That is where GPUs stepped in. A GPU is a specified graphics hardware that runs video rendering, animation and other graphic-based operations independently. A GPU can execute instructions significantly faster than a CPU can, and not by a small margin, we’re talking between 400x-800x quicker.

Think of the CPU as the computer’s manager, completing small amounts of work in all fields and maintaining a stable average workload in each area. The GPU is more of a dedicated employee whose sole task is to focus on one particular thing. This enables the GPU to outperform CPU’s when it comes to the very specific task of executing calculations, which is essential for the crypto blockchain transaction network.

Eventually the world would turn to even more efficient hardware by the name of ASIC’s (Application-Specific-Integrated-Circuit), think of the same analogy earlier with the manager and employee. ASIC’s are like hiring a specialist who studied at university and can outperform even your GPU employee. ASIC’s might run the house now based on their extreme performance capabilities, but that doesn’t mean GPUs have been forgotten.

Today we will dive into three of the most popular and efficient GPUs on the market and discuss the pro’s, con’s profits and losses of each of them.

RTX A5000

The A5000 was released in April of 2021 and is a flagship graphics card for Nvidia encompassing many of the latest features and new technologies that Nvidia has been working on for decades. This tiny, rather attractive looking card is based on Ampere Architecture- Based Cuda (computer unified device architecture) cores with second-generation RT (Ray Tracing) cores for up to 2x faster ray tracing performance and 2.5x increased single-precision floating-point performance compared to its previous generations.

Third-generation Tensor Cores allow up to 10x faster AI machine learning and training performance with 24GB of memory for intensive workloads and high end computing tasks such as hardware accelerated motion blur, visually accurate renders, virtual production tasks and engineering simulations.

The A5000 leverages a dual-slot, power-efficient design that enables 2.5x more power efficiency than previous generations. Even with all that power, the A5000 clocks out at around 230 Watts, which is relatively low for a GPU with this amount of power.

What does all of this mean for mining?

Hardware aside, mining is all about cost and hashrate efficiencies. Whether or not you turn a profit, and when you do, is all based on initial set up costs, electrical costs to run the hardware, and how efficient the hashrate of your hardware is. When we look at the A5000, we see a base cost of around $3000 USD, a hashrate efficiency of 105 MH/S (Mega Hash per second), and a power consumption of 230 Watts.

All of this combined means that at the time of writing this article, the A5000 could mine an average of $9 USD of Ethereum a day with an average daily electrical cost of around 50 cent. That’s a profit of $270 (USD) a month and around $3200 (USD) in the first year. Return on Investment (ROI) taking around 12 months is pretty common in the crypto space, it’s not exactly great, obviously in an ideal world there would be higher profit and lower costs associated with the investment but clearing costs within 1 year is a good place to start. This is also based on Ethereum current market value, which is expected to keep rising with the coming years and therefore make the coins you mine more valuable.

CMP 170HX

Let’s look at Nvidia’s dedicated CMP (cryptocurrency mining processor), the 170HX. The fourth in a series of dedicated crypto miners, released in September 2021 with a hashrate of 165MH/s and 205 Watt energy consumption. This is a huge boost compared to the previous CMP released by Nvidia which could only clock hashrate speeds of around 86 MH/s. There’s lots to like about the new CMP, it’s packed with 280 tensor cores which improve overall speed of machine learning applications, has been paired with 8GB of HBM2e memory connected via a 4096-bit memory interface. The 170HX is able to deliver a scalable increase in hashrate to power consumption efficiencies and let’s face it, that’s what matters most for cryptocurrency mining.

The 170HX is basically a cut-down GA100 die with a stack load of CUDA cores, 4480 to be exact, built on the 7nm process with a GA100 graphics processor. The VBIOS (basic input/output system) has been locked and there is no display connectivity either as it is not designed to be connected to a monitor. This means that users are unable to tweak the performance via programs such as MSI afterburner. We have seen some basic changes made for mining efficiency, such as dropping the wattage down to 190 and balancing the hashrate at 158MH/s which in turn seemed to drop overall temperatures and avoid down clocking which seems to happen when the GPU hits 70c.

All in all, the CMP 170HX is a beautiful piece of tech straight out the box, and the numbers show this. At around $4,500 (USD) the ROI on the 170HX is 10 months with nearly $1,000 (USD) in profit in the first year. These numbers are based on mining Ethereum at a daily average just shy of $15 dollars after electrical costs have been subtracted.

RTX 3090

The 3090 was released in September 2020 and at the time was built on a collective 20 years of graphic card technology. It features a dedicated heatpipe and heatsink combo and a revolutionary fan system to maintain cold temperatures even after hours of operations. Thermal pads help dissipate heat away from the board components and deflectors provide additional surface area to help with temperature regulation and quieter acoustics. Featuring a total of 10496 CUDA cores and powered by the same Ampere Architecture as the A5000 with 24GB of GDDR6X memory, the 3090 is capable of rendering and playing 8K footage without a hitch. The 3090 runs at a higher power consumption than our two previous GPU’s, hitting 320 Watts. Around $10 (USD) of daily profit can be expected at an Ethereum hashrate of 125MH/s. At a cost of $3,500 (USD) this GPU would make ROI in 12 months.

Conclusion

When we look at the three of these GPU based cryptocurrency miners and rank them against each other based on hashrate efficiency and power consumption we see conclusive answers as to which is best. The Nvidia CMP 170HX ranks supreme above the rest. It has a higher hashrate efficiency, scoring around 50% higher than the A5000 and 30% more efficient than the RTX 3090. Not only is hashrate efficiency higher in the 170HX but power consumption is lower meaning less electrical costs year-round. Even with the slightly higher price tag, ROI is quicker, profits are higher and consumption lower, making this the top choice out of GPU’s for anyone getting into the mining space or looking to expand their current arsenal. That doesn’t single out the A5000 or RTX 3090 out though, both are still solid options and if buyers can find a deal lower than the price quoted above they can be assured that with a little patience, passive income will be on its way.

How much money can you actually make and have you missed the opportunity?

Lets chat about the Bitmain Antminer D7, which launched in October 2021 at a very attractive price of $1700 (USD) with a hashrate capability of 1.286 TH/s and an electrical efficiency output of 3148 Watts. Immediately the numbers look promising, we’re seeing a daily profit minimum of around $75 (USD) up to a maximum of $95 (USD) a day. These numbers are running averages from ASICMINERVALUE.COM and as always with crypto’s often volatile structure, things could always crash low or blow up big, so it’s smart to take the numbers with a pinch of salt. These are big numbers though and anyone that grabbed this unit on pre-order at that low price before all the stocks ran out is sure to be laughing at how much money they are bringing in. Even with the high energy consumption, which lets be real is pretty big for a single ASIC, profits could be as high as $25,000 (USD) in your first year.

That’s an 18 fold Return on Investment. Let that sink in for a moment. Eighteen times the return in a single year. However, for obvious reasons, such as low stock numbers and increased market value, the price of the D7 has risen exponentially since it was released just last month. The main reason for this is that the D7 sold out immediately even before launch making stock hard to find, another reason is that the mining profitability has increased since the D7 was launched just last month and now daily profits have increased substantially.

So for all of us that were late to the party, is there still a chance at making a profit on the D7?

The short answer is yes, there is still profit to be made with the D7, the only real difference is a longer ROI. Let’s adjust the cost of the unit accordingly and see how the numbers look. Viperatech.com, a technology ecommerce site that has grown in popularity over the last few months, is selling the Bitmain Antminer D7 at $17,800. That’s a big increase in cost compared to the original price point, but even with this increase in costs associated with difficult to track down stock, high market demand, and increased daily profitability, crypto miners could still expect a Return on Investment in around 8 months and profits in the first year of operation of around $7,000 (USD). The Bitmain Antminer D7 is very tricky to find right now and even companies like Newegg and Bitmain have run out of stock.

What Coins Can You Mine With The D7?

The D7 mines on the X11 algorithm most commonly known for the DASH coin but miners could also grab other cryptocurrencies such as Hatch, Smartcoin, Onix or Pura. Dash is by far the most profitable crypto to mine with the D7 though and although the past few years have led DASH across a volatile trajectory it has a 7% increase in today’s market and stands at a reasonable $206 (USD) a coin. Two years ago Dash peaked at over $1500 (USD) and for it to return there would make the D7 extremely lucrative. The Antminer D7’s hashrate and electrical requirements make it the most powerful and efficient X11 ASIC miner on the market.

DASH Overview

With DASH being the major cryptocurrency on the X11 algorithm it’s worth knowing a little about what it is and the market expectations for the next few years. Dash arrived on the market back in 2014 and is built with a major focus on privacy, security and speed of transaction. Dash was built on the same blockchain technology that Bitcoin is built upon with a slight difference. That difference is how transactions are verified, Dash has two methods for this process and they are called miners and masternodes. The miners work the same way a Bitcoin transaction would be verified, individuals compete to complete a set of calculations to legitimize and store the transaction in the blockchain and are rewarded when successful. Masternodes work a little differently and are based on one of Dash’s main focuses, instant transactions.

Dash wants their product to be adopted and integrated by businesses for instant transactions, like buying a cup of coffee, and to do so they needed a system that would allow instant verification of transactions, this is where Masternodes step in. Masternodes are Dash miners that have staked a minimum of 1000 Dash coins in the system to allow transactions to take place more quickly, in return, those that own a Masternode network receive higher rewards for legitimizing transactions on the network. This allows an individual to buy that cup of coffee without having to wait for the network to confirm the transaction, which can take an average of 10 minutes on networks such as Bitcoin. In turn, this allows Dash to market themselves as an instant currency and find an avenue that few cryptocurrencies have travelled down. Dash actually boasts an impressive 1 second transaction time and transaction fees as low as 1 cent. That’s 30x cheaper than Bitcoin and much faster. You can see the success of this business model already, Dash has been implemented by thousands of businesses around the world both online and off.

Another feature of Dash is PrivateSend, where users can remain anonymous with transactions which are untraceable, unlike bitcoin which stores information about each transaction on the blockchain. These are interesting features for a cryptocurrency that is trying hard to put itself in the normal day to day operations of the word.

It’s these features that are giving Dash a positive outlook for the future, a cryptocurrency that is already being adopted by business and is available to be purchased on numerous trading sites is sure to help solidify it’s trust in the public.

Conclusion

You might feel like you missed the window for the D7 ASIC miner, I mean I’m sure jealous of anyone that grabbed this unit on pre-order prior to the increase in cost, but I’m also jealous of all the people that grabbed Bitcoin or Ethereum at a low price years ago and are now bathing in riches. But we don’t have to be jealous, if things continue the way they are going then it’s not too late to get in on the action. There’s still time to grab an ASIC miner such as the D7 and get involved in the cryptocurrency mining industry.

Specifications

– Hashrate: 1286GH/s
– Size: 400 x 195 x 290mm
– Weight: 14200g
– Noise level: 75db
– Fan(s): 4
– Power: 3148W
– Voltage: 12V
– Interface: Ethernet
– Temperature: 5 – 45 °C
– Humidity: 5 – 95 %

Vipera LLC & Viperatech.com is a premier source for selective, highly sought-after electronics and cutting edge technology solutions catering to the digital advertising, cryptocurrency, A.I. processing, corporate I.T. and PC gaming industries.

With global shortages of graphics cards and computing components due to a massive surge in hardware being purchased and utilized for cryptocurrency mining, Nvidia has stepped up to the table with a dedicated crypto mining-focused card. Viperatech.com has managed to secure over 1400 units, but stocks for this kind of equipment move fast and Nvidia are yet to update their website to show off this new piece of hardware which makes the market unsure as to how many of these units are to be expected.

Nvidia has built four previous dedicated GPU cards for cryptocurrency mining, however, the CMP 170HX, has massive increases in hashrate efficiency compared to its four previous models. This is an interesting move for Nvidia after they released a statement informing the public they will be limiting the Ethereum hashrate efficiency of some of their most popular graphics cards. The all-new CMP 170HX has been stripped of its graphic abilities and designed with a focus on optimal hashrate efficiencies. This allows Nvidia to market a high-end product solely for the Cryptocurrency Mining Industry and at the same time, maintain higher stocks of Graphics Cards for their Gaming fanbase. A smart move on Nvidia’s front as we see an increase in popularity for crypto mining and a shortage of components available worldwide.

This kind of technological movement by Nvidia is especially important with the upcoming transition from Ethereum to Ethereum 2.0, also called “Eth2” or “Serenity”.This transitory stage will allow Ethereum to upgrade its current processes to allow two primary additional benefits, POS (Proof of Stake) and Shard Chains. The change is set to take place in early 2022 but could happen in the last stages of 2021. With the new changes, it’s important to know that your hardware can match what is required of it, and GPU miners will be happy to hear that the CMP 170HX will be able to continue mining without losing efficiency.

These cards are basically a cut-down GA100 die with 4480 CUDA cores complemented by 8 GB of HBM2e VRAM and powered by a single 8-pin PCI-E connector to supplement its 250W TDP. The CMP 170HX is built on the 7 nm process, with a GA100 graphics processor, in its GA100-100-A1 variant. The GA100 graphics processor is a large chip with a die area of 826 mm² and 54,200 million transistors.

The CMP line is extremely energy efficient compared to its gaming dedicated cousins. Unlike the fully unlocked A100 PCIe, which uses the same GPU but has all 6912 shaders enabled, Nvidia has disabled some shading units on the CMP 170HX to reach the product’s target shader count. It features 4480 shading units, 280 texture mapping units, and 128 ROPs. Also included are 280 tensor cores which help improve the speed of machine learning applications. NVIDIA has paired 8 GB HBM2e memory with the CMP 170HX, which are connected using a 4096-bit memory interface. The GPU is operating at a frequency of 1140 MHz, which can be boosted up to 1410 MHz, with memory running at 1458 MHz.It’s important to know that the VBIOS is locked, and cannot be tweaked by programs such as MSI Afterburner. This device has no display connectivity, as it is not designed to have monitors connected to it. Therefore, the CMP 170HX is connected to the rest of the system using a PCI-Express 4.0 x4 interface.

Overall, the 170HX is capable of delivering a huge increase in mining efficiency. Previous CMP models made by Nvidia have only been able to reach performance potentials of 86MH/S, whereas this new, beefed-up CMP is capable of pushing up to 165MH/s for Ethereum Mining. A nice indicator of how Nvidia is adapting to the growing demand for crypto-focused mining cards.

Maybe you are looking to start mining your own Ethereum, maybe you already are mining crypto and you want to step up your game and hit some higher hashrates, maybe you already own a mining farm or are invested in a crypto mining pool like nicehash, whatever you are up to, the GPU focused CMP 170HX by Nvidia is sure to help boost your mining hashrate efficiency and score some coins.

Vipera is a premier source for selective, highly sought-after electronics and cutting edge technology solutions catering to the digital advertising, cryptocurrency mining hardware, A.I. processing, corporate I.T. and PC gaming industries.

https://www.nvidia.com/en-us/cmp/

https://www.techpowerup.com/gpu-specs/cmp-170hx.c3830

https://www.tomshardware.com/news/nvidias-cmp170hx-in-the-wild-with-164-mhps-ethereu m-mining-performance

https://ethereum.org/en/

https://www.nicehash.com/