Unboxing the Mining Machine | If you can’t buy a Bitcoin and Ethereum mining machine, can you buy this?

The significant increase in Bitcoin and Ethereum mining revenue has not only allowed miners to obtain excess returns in the past year, but also made mainstream coin mining machine resources more scarce. As a result, people have turned their attention to small mining coins to explore the market situation in this field. Recently, the fish pond girl received an HNS professional mining machine sent by Jinbei Laboratory. We recorded an unboxing review to show you the basic situation and operating data of this mining machine for your reference.

HNS is the network token of Handshake. The Handshake network focuses on decentralized domain name registration, authentication, transactions and resolution, adopts PoW consensus, and supports ASIC mining.

The Handshake mainnet was launched in February 2020, and F2Pool also supported HNS mining in the same month. After the Handshake mainnet was launched, it experienced a short period of graphics card mining, and then ASIC mining machines appeared, and the computing power of the entire network showed exponential growth. According to statistics on January 31, 2021, the computing power of F2Pool HNS mining pool ranked first in the entire network.

At present, the main mining machine for HNS mining is Jinbei HS3. The computing power of HS3 is 2000 GH/s and the power consumption is 2000 W. The mining machine unboxed this time can be said to be an improved version of HS3 - HS5, which is also the HNS professional mining machine with the largest computing power on the market. It is superior to HS3 in total computing power, unit power consumption and cost performance. We can learn some parameters of HS3 and HS5 from the following table.

Main parameters

Product Name	Jinbei HS3	Jinbei HS5
Hashrate	2000 GH/s	2700 GH/s
Power consumption	2000 W	2650 W
Offer Price	20,000 NTD	16,800 NTD
Daily output	65 NTD	87.8 yuan
Daily Net Income	48.7 yuan	66.1 yuan
Static payback period	About 410 days	About 254 days

*Output value and revenue are calculated based on electricity price of RMB 0.34/kWh and HNS price of RMB 0.74.

Compared with the data of HS3, the computing power of HS5 increased by 35%, the unit power consumption decreased by 2%, and the price decreased by 3,200 yuan. In general, the improvement of the parameters of the HS5 mining machine is not significant. The biggest advantage is the obvious improvement in cost performance. Therefore, we can see that the static payback period has been significantly shortened.

In actual tests, this mining machine achieved a computing power of 2840.97 GH/s and a power consumption of 2653 W, and the overall data met the standards.

Mining machine features

After the HS5 mining firmware is upgraded, it is compatible with two algorithms and can switch between HNS and SC mining. According to the official introduction, the mining power of SC mining mode is 5300 GH/s, 1500 W. However, compared with the current mainstream SC mining machine, the data of SC1 is 5500 GH/s, 500 W. The power consumption ratio of HS5 in SC mining mode has no advantage and is not recommended.

Overall Rating

For the specific evaluation process of the mining machine, you can click on the video for details. Through this evaluation, we give a comprehensive score for the HS5 mining machine ????.

The arms race of small-currency mining machines has been controversial, and investors should rationally recognize the opportunities and risks of the mining market. Before making an investment decision, we need to fully understand the potential risks of project development and investment, calculate the payback period, and choose official channels for cooperation. This evaluation is mainly for information sharing and is not intended as any purchase or investment advice.

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