Good entry level miner.Difficult to set up.Good miner for those wanting to discover how bitcoin mining works and support the bitcoin network as a hobby.If you're looking to actually profit from mining bitcoins, then you're about a couple years too late.Profitability from home mining is dead because the hash rate necessary to make a profit is (as of Nov 2015) is somewhere around 0.25W per Ghs if you live in central Washington state and can get hydroelectric power for 0.02/kWh.That said, this USB miner does work but is VERY difficult to get running.I've gotten it to work on both Windows 7 and a Raspberry Pi.***Note*** to use it with the raspberry Pi, you need a good quality *powered* USB hub (RPi doesn't have enough power on its own to power the Avalon).The Hub should be a USB 2.0 hub (the 3.0 don't work well with RPi).I got mine to sucessfully work with this hub:Plugable USB 2.0 7-Port High Speed Hub with 15W Power AdapterI also recommend using bfgminer.However, you have to use special command arguments to get the miner to work specifically:Windows:bfgminer.exe -S ICA://COM<0-13> -set-device ICA:baud=115200 -set-device ICA:reopen=timeout -set-device ICA:work_division=1 -set-device ICA:fpga_count=1 -set-device ICA:probe_timeout=100 -set-device ICA:timing=0.22 -api-listen -o stratum+tcp:// -O -p ** The COM should be whatever COM port windows maps the USB to.

Also, you'll need to download windows drivers for the minerLinux/Raspberry Pi:sudo ./bfgminer -S ICA:/dev/ttyACM0 --set-device ICA:baud=115200 --set-device ICA:reopen=timeout --set-device ICA:work_division=1 --set-device ICA:fpga_count=1 --set-device ICA:probe_timeout=100 --set-device ICA:timing=0.22 --api-listen -o stratum+tcp:// -O -p ** The miner doesn't need a driver for linux but instead gets mapped to a virtual COM port and acts like a virtual modem.tips bisnis bitcoinYou can check to see what port it's mapped to with: ls /devIt should be "ttyACM" and then a number.Pretty neat, Tips for running on windows inside.Super Fast Shipping!ethereum launch in chinaVery Pleased!Avalon Nano 3 Newest USB 3.6Gh/s Asic Bitcoin MinerThis is coming from a complete bitcoin mining noob so I did not know what to expect other than the research that I had done online.bitcoin calculator electricity

Since this was my first toe dip into bitcoin mining I tried to select the highest hash rate at the lowest cost.I found these for $33/ea (x2) and decided to dive in on 12/19/15.The products were initially reported to arrive anywhere between 12/28/15 through 1/5/16 (free shipping option), so I waited.dogecoin value todayBeing impatient I checked the tracking and found that the products were already in route.bitcoin ceskyTo my surprise they arrived on 12/22/15, almost a week before the earliest reported delivery date.bitcoin cours 2014So I was more than pleased with this company's fast order processing and shipping.That alone earned them 5 stars.The initial setup was a bit tricky as some of the files are in what I assume is Chinese.However, a quick Google search for the Avalon Nano 3 showed me to a few forums where individuals reviewed the product and discussed installation and setup.

The instructions were not well written so the process took a little time to complete, I would say about an hour (this is a guess since I did not check the clock before or after).Once the setup was complete, my wallet setup, and I had joined a pool, I was mining.With such small amount of processing power the bitcoins are not just rolling in but I've earned a small portion of 1 bitcoin in less than 24 hours.This product is only for testing and trying out.This product will not make you rich... at least unless you are willing to wait beyond your lifetime for the returns.:) However, it certainly will help you learn how the system works so that you can decide if this is for you or not.I believe that I have caught the bug and am looking ahead to a time in the future where I can expand my operation.Thank you for your time.Jump to: , Native name阿瓦隆项目IndustryChip DesignFounded2012Founder(s)张楠赓[transliteration needed]Yifu GuoParentCanaan CreativeWebsiteCanaan Creative The Avalon Project produces ASIC miners.

The project created by 张楠赓[transliteration needed][1][2] and Yifu Guo.[3][4] The project started in late 2012 with a BitcoinTalk thread.[5]Avalon project have three different ASIC, named A3256, A3255, A3233, have two type of bitcoin transaction machines.right now Avalon project people working very hard on third generation machine.it is 2U size, using the newest 40nm ASIC, (7GHS/chip, 0.7Watt/G).After one year of Avalon project started, Yifu Guo(Bitsyncom)[6] left Avalon project.(The online shop that accept Bitcoin)[8] was part of Canaan Creative.Contents 1 2 Join us on Reddit this Thursday, April 9, at 9am Eastern Standard Time.We will use the ID=AvalonBTC./r/IAmA This is your chance to ask Ngzhang anything about the Bitcoin mining in China, Bitcoin in China, Any question of Avalon project(and anything else you like).Make sure to mark it on your calendar.Ngzhang will answer questions for 90 minutes.Get your questions ready!In a very unusual move, Avalon, the company that first introduced ASIC chips to Bitcoin mining has released a new miner to the market.

The AvalonMiner 721 (or more commonly known as Avalon 7) seems to be a minor upgrade from its predecessor, the Avalon 6.The Bitcoin miner comes with 6 TH/s of mining power and a power consumption of 850-1000 WATTS.This makes it stronger and more efficient than the Avalon 6.However, when you compare it to the most popular miner on the market, the Antminer S9, it seems to be lagging behind.AvalonMiner 721 includes a 90-day warranty, starting from the date goods are received.Here are the complete specs of the miner: Hashrate: 6 TH/s Power Consumption: ≈ 850-1000 Watts PSU output pins: 8 x 6PIN PCIe power connectors.Controller: AvalonMiner Controller AUC3: Each AUC may connect up to 5 devices.Dimensions: 340 mm x 136 mm x 150 mm Gross Dimensions: 400 mm x 210 mm x 220 mm Operating Temperature: -5 °C to 40°C Net weight: 4.3 kg Gross weight: 4.7 kg You can also connect an AvalonMiner controller in order to hook up 5 different Avalon miners together (giving you a total mining power of 30 TH/s).

If you’ll use a Bitcoin mining calculator to calculate the revenues the Avalon 7 can produce, you will quickly find out that with no electricity costs or mining pool fees it will bring in 113$ /month at today’s difficulty and exchange rate.However once you add electricity cost and pool fees (on average $0.12/KWh and 2%) you are reduced to only $37.59 of profit.This means that at the current Bitcoin price it will take you 24 month to break even if nothing changes in difficulty and exchange rate (but of course it will).In comparison, the Antminer S9, will take only 18 month to break even.You can use the calculator below to do your own math as well according to the electricity costs in your country.KH/s MH/s GH/s TH/s PH/s However, if you take a look at the cost / profit ratio you’ll see that the Avalon 7 costs only a third of what the Antminer S9 does and supplies around 45% of the mining capabilities.So if you don’t want to fork over $2000 on your first miner, you may want to consider the Avalon 7 as your entry level miner at a lower price.

If that’s indeed the case you may also want to consider taking a look at the Antminer S7 that is a bit less powerful than the Avalon 7 but still puts up a fight, or the Antminer R4 that costs a bit more but is also more powerful.Unfortunately, since the Avalon 721 is such a new model there aren’t many reviews online to compare it with other miners.The only bitcointalk review I could find states basically the same stuff we just went over.Seems to me that Avalon will have a hard time finding new customers for their new miner as it doesn’t really bring any news to the mining market.All things considered I think the Avalon 721 Bitcoin miner is a questionable investment.The alternatives are much more popular on the market and in some cases more cost efficient.However, if you do have a limited budget this miner will probably deliver.About Latest Posts Latest posts by Ofir Beigel (see all) [Review] Changelly VS ShapeShift– The “Instant” Cryptocurrency exchanges “Bitcoin and Ethereum…both soon obsolete” – James Ricakrds | $2623.69 “Why Bitcoin Can’t Serve As A Currency” – Seeking Alpha | $2345.56 Avalon 721$ Power Price Efficiency Pros Good value for money Reputable company Cons Weak in comparison to competition No product community