Bitmain launches a crypto mining router
Mining

Bitmain launches a crypto mining router

By Marco Cavicchioli - 9 Aug 2018

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After the TV that mines cryptocurrencies, here’s a crypto mining router

The mining giant Bitmain launched the new miner with an announcement on Twitter.

In reality, these are two different models that do not mine bitcoin.

The first one mines Dash, while the second Siacoin (SC)

They are called Antrouter R3-DASH and Antrouter R3-SIA, and belong to Bitmain’s R3 series.

The advantage of these devices is that they immediately begin to mine as soon as they are connected to the Internet, thanks to Bitmain’s Antmap technology. Each buyer will be assigned a Bitmain account so that they can verify the device’s mining process.

The two routers could also be used to mine different cryptocurrencies than those for which they are designed, but the manufacturer warns that the performance may be lower.

Bitmain is the world’s largest manufacturer of mining devices, so these devices are marketed by the industry’s strongest brand.

However, it should be noted that they may not necessarily guarantee significant revenues. They obviously consume much more energy than regular routers.

For example, the DASH one has a computing power of only 300M/s, and consumes 24.37 W of electricity, while the other reaches up to 11.54G/s and consumes 22.6 W.

To calculate the hypothetical profits you can use the website whattomine.com, keeping in mind to subtract the costs from the revenues, and that the costs of electricity vary from country to country and from contract to contract.

Moreover, revenues are calculated in the mined currency, while costs are calculated in a fiat currency. Due to the volatility of the cryptocurrency market, a calculation made when, for example,  Dash’s value is low is no longer correct if the value of the cryptocurrency falls.

The cost of the two devices is comparable to that of a normal router, so in fact, no real investment is required. Simply, instead of buying a regular router to connect to the Internet, you can buy an Antrouter at more or less the same price and it also mines cryptocurrencies.

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 11 thousand subscribers.

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