Bitmain jumps into the X11 arena with their new miner: Antminer D3

Bitmain has begun making hardware for different algorithms aside from sha-256 (Bitcoin algorithm). They created one for scrypt and now, they've created an incredibly fast miner for the X11 algorithm.

Antminer D3 - Specifications

Hash rate: 15 GH/s (Variation of ±5% is expected)
Power consumption: 1200W (at the wall, with Bitmain’s APW3 PSU, 93% efficiency, 25°C ambient temp).
Dimensions of the miner: 320*130*190mm
Hashing algorithm: X11

Antminer D3 - Profitability

Check these links for the latest profitability data:

CryptoCompare

CoinWarz

As a summary, it looks like ROI for this hardware is about 11 days. This is an incredible value for new hardware and i hope we see more ROI's like this!

Summary

Very interesting new miner on the block with very, very high ROI. Definitely, something miners should consider if you're looking to upgrade your current gear, or even coming into mining for the first time!

Comments

StorjShare - Get paid for your unused storage

What is it? StorjShare is decentralized cloud storage. Think of Dropbox, they are a company that provides cloud storage where the data is stored on their hardware (inside of data centers in server rooms). StorjShare differs from their service a fair bit. Instead of having a server room, or data center where all the data is stored locally, StojShare stores data to any storage device that is connected to it's network. This kind of distribution of storage is also very optimal for transfer speed because you could be saving your data on a computer in your neighborhood which is certainly much faster than relying on a server possibly on the other side of the country, or possibly further. Now you might be thinking "Well, i don't want my neighbors to have my photos of family.", worry not, one of the most interesting concepts in this protocol is the encryption of your stored files. When you save a file to the network, the file is actually saved in "shards"

BTC-Flow

Today I'll be giving a bit of a look into BTC-Flow . It's a game based bitcoin faucet that has me pretty into it. No more of the jumping from site to site clicking your way through pop ups and other fun activities. The concept of the game is that you run a company. At first, your company mines bitcoin and has a earning rate of 0.0000015 BTC/Min and your max capacity is 0.000012 BTC. Your part in running this company is getting the bitcoin from your company either before or after your max capacity is hit. You then need to click once your bitcoin capacity is reached to put that balance into your main bank. From here you basically repeat this as much as you'd like. If you really enjoy this, you can "level" your business with bitcoin to increase capacity and earning/min at any point. If you like faucets, you need to check this out . BTC-Flow.com

GAWMiners Releases Information About Project HashCoin

GAW released some information and their White Paper for their coin code named " HashCoin ". They're developing a new platform that encompass Zencloud and Hashtalk called "HashBase", and with this large development process, this coin is just another brain child that GAW is pursuing. The basis of the coin is to become in my opinion a less volatile bitcoin, that is widely accepted by merchants. Now, obviously, to do this they are going to need serious merchant adoption and for merchants to adopt, I think they're going to need to see that it's not volatile first hand. I see issues with it, but they are a good and very well off company, so I'm sure they've thought through the problems with their strategy. If you're interested in the specifics, please check both GAW's site and a release of the information from and Cryptocoin News . This coin seems like it's going the route of more institutionalized currency, like USD or CAD (

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