asic in litecoin

Ehsminer, a Paris-based company specializing in IT security and worldwide promotion and adoption of cryptocurrencies, is not new to the mining industry.Haikel Ben Hmida, the company CEO, has been into mining since 2011.After ordering Bitcoin miners from Butterfly Labs he decided to launch his own mining product.The choice fell on Litecoin since that area was still uncharted with no competitors present.A company spokesperson told Cointelegraph: “Since the launch of Litecoin, mining is still profitable.It is Bitcoin mining which is considered difficult because of the mass of big players being in place.We are thinking to realize other miners specialized in X11 and even in private algorithms.We have gained experience during the last three years of experimentation.Bitcoin uses SHA256 as the only hashing function, and if it is broken, all the network will be compromised.X11 uses a sequence of eleven scientific hashing algorithms for the proof of work, if ten of them are broken, the whole network remains working.
Bitcoin cannot monopolize the cryptocurrency space.” Competing with China The company has grown and is now set to shake off Chinese manufacturers of mining equipment from the podium.sklep za bitcoinIt is already a great challenge to produce high-quality equipment and ensure profitability over a long period.bitcoin rx 480Competition with China is quite fierce since everyone has to be aligned to market price and keep in parallel scalable and energy-friendly products.litecoin market capitalizationBesides, the memory cost and its power consumption is another pressing challenge for the industry.bitcoin from cvsA Ehsminer spokesperson said: “Litecoin, Dashcoin, Zcash and others cryptocurrencies are ASIC-resistant.bitcoin kopen of niet
It means that there will be no significant speedup by implementing the algorithm in an ASIC, as compared to a CPU/GPU-based implementation.litecoin generatorThis is usually achieved by requiring a lot of memory, which when implementing this on an ASIC, translates to needing lots of physical area on the chip.valor bitcoin dollarAlso, this means that the ASIC will be so expensive that mining cannot be profitable.” Ehsminer develops its own mining architecture Ehsminer is taking the lead to resolve this problem by developing a low-cost, optimized and dedicated memory IP for the cryptocurrency industry.bitcoin ltc chartIt has developed ACSMA, a Litecoin mining architecture, where every single asset is in continuous operation, and every step of the scrypt algorithm is mapped to an optimized unit.is bitcoin publicly traded
Looking at the architectural side of the multiple mining cores solutions, the Ehsminer team found that in all cores and at a particular time, only a small fraction of the electronics is used.Therefore, the company has come up with a new approach to connect unit cores and optimize the operation of transistors.According to the Ehsminer team: “The great barrier to carrying crypto algorithms to ASICS is memory and power consumption.For example, Zcash uses Equihash as a memory-oriented proof-of-work.This algorithm needs memory to function making the use of ASIC unprofitable given the cost of developing and producing the ASIC.Our approach is to develop our own memory dedicated to these algorithms which will enable us to produce ASICS at low cost.This IP memory is under development in collaboration with one of our partners.” ACSMA has been designed to increase the hash rate by using an architecture organization.A company spokesperson told Cointelegraph: “We believe that at this point in time, this memory, which is considered as the denser part of a Litecoin miner, will be optimized in ways never seen before.
We hope this will be enough to catch up with the current offerings.In our view, a 2Gh miner with new components will be possible at prices equivalent to those of the current Chinese offerings.” Another product currently being developed and tested by Ehsminer is a more classical Litecoin architecture similar to those already present on the market.The company is planning to produce this solution in 14nm following the demand.Username * First Name Last Name Email * Password * Repeat Password * You registration completed successfully.Confirmation email sent to email address provided.Email * Password *Viper (Scrypt) Miner (50Mh/s)£1,350.00 IMPORTANT!If you are interested in ordering please be advised that orders will open very soon, sign up to our newsletter at the bottom of this page to be notified exactly when.Full Price: £1350 (excl.VAT & Shipping) Shipping costs here UK Customers pay added VAT (£270) Note: No local import duty/taxes for UK customers.
This device is only used to perform proof-of-work (mining) for all Scrypt based coins.Hashrate: >= 50 Mh/s speed Power consumption: <=375 watts Contains Viper boards hashing a total of 50 Mh/s or higher.Enclosure : Rack mountable 19″ x 5.25″ x D (TBD) Self contained unit with Ethernet and USB connection Software: Will fully support standard mining software in addition to our own configurable WebGui for easy connectivity.Additional Information Included accessories: Ethernet Cable and Power Cord Appropriate CE marked power supply for customer country shall be provided.Weight: ~4-5kg Warranty: 6 months after shipment.Order Terms: Please review Once an order is placed you confirm that you accept the terms and conditions of this order, and are now liable by the rules of the terms and conditions.If at any point you request a refund or refuse end payment your order will be revoked to be resold to other potential buyers.Batch 1 Loyalty Bonuses: Here are the benefits we offer for ordering now and being a batch 1 customer: Being able to order first as well as free shipping for batch 2 10% off any future batch of your choice (subsequent batches will be significantly more powerful) So order now and be a part of batch 1!