Saturday, August 11, 2018

Bitmain Releases Internet Routers for Dash and Siacoin

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Bitmain has declared the launch of two internet routers which will mine Dash and Siacoin. In a tweet shared online, the company said the new miners, called the Antrouter R3-DASH and Antrouter R3-SIA, can perform as internet routers which will mine cryptocurrencies at the same time using the devices’ idle processing power.

The routers are models from Bitmain’s R3 series of products, which already includes the R3 Litecoin Mining Router.

Earlier this year, canaan creative, the second largest manufacturer of mining equipment in the world launched the AvalonMiner insider, a smart TV that doubles as a bitcoin mining device with the capacity to process 2.8 trillion hashes per second.

As expected, the capabilities of these dual-purpose miners are limited compared to professional miners. It also looks to be targeted at amateur miners who are not after creating profits, but love the concept of mining cryptocurrencies.

The product page of the Antrouter R3-DASH’s shows the specifications of the router, that reveals it was designed to mine dash. However, the company notes that it can mine different X11 coins but it “cannot guarantee the performance or efficiency of the R3-DASH once used to mine X11 coins other than DASH.” The R3-DASH consumes 24.37W of electric power.

The second router launched by the company is the R3-SIA, which has been tested and designed to mine siacoin (SC). Like the R3-DASH, the R3-SIA can even mine other blake (2b) coins, however the company says it can’t guarantee the performance of the router when used to mine currencies other than SC.

The company says it'll ship the miners out within ten working days when purchase. Payment may be created with bitcoin, bitcoin cash, and litecoin.

Customers will have a personal Bitmain account setup after purchase which will be used for checking their mining status. Once connected to the internet, the routers will begin mining in Bitmain’s Antpool.

The Chinese company, which is widely considered as the largest crypto mining company in the world, is valued at $14 billion after a recent funding round. Earlier this week, it declared its plan to build a $500 million blockchain data center and mining facility in Texas.


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