The young company DAYUN managed to do the almost unthinkable - bypass the main players and, in fact, partial monopolists of the industry. We are talking about a new device called DAYUN Zig Z1, which is the only ASIC for the Lyra2REv2 algorithm.
While the largest companies are fighting over oversaturated algorithms, DAYUN decided not to participate in this fight, providing miners with perhaps the best conditions for mining cryptocurrencies in the fall of 2022. This applies to both potential profit and the payback rate of the devices. Why did the new ASIC DAYUN Zig Z1 attract so much attention and what makes it stand out from dozens of other devices? Let's get to the bottom of this.
Dayun ZIG Z1 is a new mining tool with 6.8 GHash/s performance.
The announcement of a new tool based on specialized mining chips - DAYUN ZIG Z1 - aroused keen interest among cryptocurrency miners. Let's find out what the features of this device are, whether it will be a successful competitor to products from Bitmain, whether it is worth buying the DAYUN Zig Z1 miner and what changes the new product can cause in the world of mining.
Changes are happening in the world of cryptocurrency mining. They are associated with the emergence of new devices with very high performance - ASICs. These more specialized microcircuits bring huge profits to their owners immediately after their appearance. But at the same time, the complexity of solving blocks sharply increases, which makes the most accessible mining option (using GPU) economically ineffective.
The Lyra2REv2 algorithm has long been considered ASIC-resistant due to its protection from parallel computing. GPUs were much better at sequentially searching through values of the same type, so for a long time the coins on Lyra2REv2 did not suffer the consequences of the use of specialized microcircuits. But the release of the new Zig Z1 device by Dayun provided 6.8Gh/s efficiency in the extraction of these currencies.
Profit and payback of DAYUN Zig Z1
The DAYUN company amazed everyone twice: not only with the choice of algorithm and power, but also with the initial price of the device. For the first shipment, the cost is 0.78BTC, which at the current rate is equal to five thousand dollars. For batch 2 the price will be much lower – 0.28BTC, which is about $1800. The price for both shipments is unusually low, which has raised suspicion among many miners. However, the start of sales and the work of ASICs confirmed that these devices are real and all suspicions are unfounded.
If you do not take into account the manufacturer’s website, then from large resellers from China the cost of the device ranges from $5,500 to $6,000. Considering the starting price of other ASICs, DAYUN acted very wisely. They did not raise the price tag, making the purchase of the device more profitable and promising. As a result, miners are already receiving impressive income, and DAYUN is a great source of trust.
Taking into account the current complexity of the network, 6/8 GH/s brings from 65 to 70 $ per day. Under such conditions, the device will pay for itself in about 2.5 months. However, you need to take into account the gradual increase in complexity, so the actual time frame will be a little longer, around 3 full months. This is an unusually fast payback, given the current state of affairs in the field of cryptocurrency mining. Situations are quite possible when one Zig Z1, purchased in batch 1, will be able to bring 1-2 more devices only at the expense of profit. It is also worth considering that for subsequent shipments the price of the device will decrease, as well as the daily profitability.
But for GPU mining, the release of DAYUN Zig Z1 is exclusively negative. Essentially, another algorithm was taken away from those who mine cryptocurrencies using video cards. One of the latter, on which some video cards (for example, GTX 1080 Ti) recently performed well. This increases the risk that top cryptocurrencies will change the algorithm to avoid centralization by DAYUN. However, Zig Z1 owners should not worry about the next onslaught of ASIC mining on GPU cryptocurrency mining. This problem is global in nature.
Characteristics
Here are the main characteristics that the DAYUN ZIG Z1 will have:
- The system is built using a new 28nm chip.
- Electricity consumption – 1200 W per hour. Depending on the mode, fluctuations of 5% up or down are possible.
- The device is powered by 12 V. A power supply providing the required voltage is included in the kit.
- The noise level during operation is no more than 70 dB. This noise level is comparable to a loud conversation, which suggests that the design is quite noisy. For example, ASICminer Zeon creates only 47 dB of noise during operation.
- To connect the system to the network, the Ethernet standard is used, as with other devices of this type.
- The new product is equipped with a pair of powerful coolers, which should provide reliable cooling during continuous operation.
The price of ASIC DAYUN ZIG Z1 ranges from 5750 – 6200 USD, depending on the region and method of delivery. Moreover, the product is produced in a limited edition and is available only by pre-order. The release is promised in September 2018.
Specifications
From the point of view of any features, the Zig Z1 is a completely ordinary device. It does not have the pretentiousness and design aesthetics of ASICminer, nor does it have ultra-low power consumption, which some manufacturers have already distinguished themselves with. However, DAYUN Zig Z1 has become a leader in its field, in which there are no competitors yet. We are talking about two factors - unprecedented power and a well-chosen algorithm. Let's look at the main technical characteristics of the Zig Z1:
- Algori]Lyra2REv2[/anchor];
- Power – 6.8 GH/s;
- Power consumption – 1200 w;
- Noise emission – 70 db.
The uniqueness of the device lies in the fact that Lyra2REv2 has no competitors. This ensures free payback without interference (for Zig Z1 owners, the only competitors will be the same owners of the DAYUN ASIC), as well as a not too rapid increase in the complexity of the network.
It is worth considering that even if the mining of one of the cryptocurrencies using this algorithm becomes more difficult, users are left with at least several other options. The most popular are:
- Mona-coin (MONA);
- Vert-coin (VTC);
- Verge (XVG);
- Galactrum (ORE).
Taking into account the high power and wide selection of “coins”, the relevance of Zig Z1 will remain at least until the release of a large number of new devices for the Lyra2REv2 algorithm. The only conditional disadvantage of ASIC can be considered noise emission. 70 db, standard for most devices, does not allow installing Z1 in residential areas, because this will greatly interfere with comfort. However, this applies to almost all ASICs, so it is not correct to perceive noise emission as a disadvantage of a particular model.
What does ZIG Z1 mine?
Let's figure out what coins can be mined using the new integrated circuit:
- MONA-coin
- Vert-coin
- Galactrum
- Verge.
There are others; in total, today the new model from Dayun is adapted for mining 6 different coins. Currencies based on the Lyra2REv2 algorithm are not among the “stars” of the cryptocurrency world, but since previously they could only be mined on video cards, the profit from using the new mining tool promises to be solid, because its efficiency is comparable to several hundred 1080ti cards working simultaneously
Briefly about Dayun Zig Z1 Pro
The Chinese mining company Dayun is known for its productive devices for mining cryptocurrencies that operate on the Lyra2REv2 consensus algorithm (Monacoin, Vertcoin, Verge and others). For example, miners such as Zig M1 and Zig Z1 were able to pay for themselves in just 3-4 months, and then - net profit.
However, it is worth considering one fact: the profitability of Dayun miners decreases almost daily, so they are always purchased in the first delivery. Happy owners of new products can pay for themselves in a matter of months, and the Dayun company itself can earn millions of dollars in an instant. Before we talk about the profitability of Dayun Zig Z1 Pro, we suggest considering the technical characteristics of the ASIC miner:
- Hash algorithm – Lyra2REv2;
- Productivity – 13 Gh/s;
- Consumption – 1500 W;
- Noise level – 72 dB;
- Weight – 6 kg;
- First delivery – June 2022;
- Cost – $1750 (Miner Bros store);
The hashrate indicated is approximate. It can fluctuate by 5% both up and down.
Dayun Zig Z1 Pro
Of course, we have before us the same Dayun Zig Z1 , whose performance and power consumption have been multiplied by two. The younger model produced 6.8 Gh/s and consumed 1200 W. The firmware has the same 28nm ASIC chips, 120mm fans and an aluminum case with a simple interface panel.
Externally, Dayun Zig Z1 Pro is practically no different from Innosilicon A6 LTCMaster . This is a familiar form factor in the ASIC mining market . And the actual noise level is the same as that of the competing FusionSilicon X1 - 72 dB.
Payback
For now, we can talk about the payback of DAYUN ZIG Z1 only on the basis of theoretical calculations. More than a week has passed since the release, and no sharp change in the complexity of the target coin network has yet been observed. If we take the price of the device at 6,000 USD, and the profitability per day is about 75 USD, we can expect payback in less than 3 months.
However, once a sufficient number of ZIG Z1 devices become available, miners can expect a drop in mining efficiency. If an updated version appears with a more advanced chip and lower power consumption, the payback period will increase to a year or more.
Most likely, only those “miners” who receive the device first and reap a bountiful “harvest” in the first 2-3 weeks will be able to benefit from using the DAYUN Zig Z1. Time will tell what will happen to the coin exchange rate after such mining.
Briefly about Dayun Zig Z1
On September 14, 2022, Dayun, a company specializing in the production of trucks, motorcycles and engines, entered the ASIC mining market with the first Zig Z1 device for mining cryptocurrencies using the Lyra2REv2 algorithm.
The surge in interest among miners was caused by the fact that there was not yet a single ASIC on the market for mining Monacoin (MONA), Vertcoin (VTC), Verge (XVG) and other coins using the Lyra2REv2 algorithm. And taking into account the low hashrate of the network of popular coins using this algorithm, Zig Z1 can be considered the most attractive miner today.
Let's look at the main technical characteristics of the Zig Z1:
- Hash algorithm - Lyra2REv2;
- Productivity - 6.8 Gh/s;
- Energy consumption - 1200 W;
- Noise level - 55 dB;
- Average operating temperature - 30 C;
- Weight - 3 kg;
- First delivery - September 20, 2022;
- Price - $5150;
The manufacturer did not bother with the internals and installed outdated integrated circuits made using a 28-nm process technology. Unlike SHA-256, Ethash and Equihash, mining with the Lyra2REv2 algorithm demonstrates excellent performance.
But there is one thing! Lyra2rev2 was created by the Vertcoin team in mid-2014 and its main purpose is protection against ASIC miners. Therefore, there is a high probability that Vertcoin developers will be able to soft fork to render Zig Z1 useless.
How? It's simple. In the Lyra2REv2 code, you can set the minimum memory and speed parameters for mining cryptocurrencies. After the release of Zig Z1, developers can adjust the operating parameters of their cryptocurrency at any time. By purchasing this miner you take on a very high risk of losing funds!
