Goldshell HS5 is used to mine Siacoin and Handshake coins. Many users are looking forward to getting their hands on this multi-algorithm miner that uses two algorithms such as Blake2b-Sia and Handshake. The crypto experts are saying that Blake2b is more popular for mining coins like Siacoin and Blake2s is for mining coins like Handshake. In this blog, we will shed light on the specifications of the Goldshell HS5 and we will look into the hardware of this product to find out if it is worth your investment. We will also give you a short introduction to the manufacturer and what they are planning to do in the future.
Miners are made by the best manufacturers like Antminer, Halong, and Innosilicon, but in this blog post, we will be reviewing the Goldshell HS5, which is made by a relatively well-known manufacturer, Goldshell. Let us tell you a little bit more about this business!
Goldshell Miner
Goldshell is a firm that was started in 2017 and has been making outstanding miners ever since.
“Higher quality, lower price,” which is easy to believe given that some of their machines are among the best on the market for the money. After completing its R&D facilities, it launched a series of miners to cater to customers from all over the world. They have produced miners for exotic coins like LTC, HNS, Sia, and CKB. All their miners are fully upgradeable, so you can change the miner’s circuit board when new versions are released by their developers.
About Goldshell HS5 Handshake And Miner
The HS5 miner is one of the latest Handshake and Siacoin miners from Goldshell, a Chinese company. Goldshell made this multi-algorithm miner to mine coins using modern algorithms and bring customers a better and more stable mining experience. The specifications that set this Goldhsell HS5 miner apart from others are:
Almost Pre-Installed:
The good part about this miner as compared to other miners in the series is that Goldshell has made sure that you do not need to install anything before you can use it, unlike the previous miners. You will get PSU wires ready to be attached to your motherboard as well as the cables for powering up. The Ethernet cable you get with your miner will connect to the Internet to let you monitor your hash rate, as well as allow you to have a better overall experience by using its pool.
The Body:
The body of the miner is sleeker than other miners’ and so it can easily be hidden anywhere and not be noticed, making it the ideal miner for people who travel often. The dimensions of this miner are 264 x 200 x 290mm, making it the ideal size. The dimensions of a miner are important because you cannot transport something that is too big. The fiber used to make the outer body and the inner parts of the miner are appropriate to transport, as you need something that is extremely durable, light, and waterproof.
The Weight:
At around 8.4kg, this miner has relatively lightweight compared to other miners, which have a weight of around 12kg. People consider weight because it determines how something is transported and if it can be transported through transportation methods.
Algorithms:
The miner Goldshell HS5 employs dual algorithms: Handshake and Blake 2B-Sia. The Blake 2B-Sia is used to power a decentralized data storage option in Sia. It is a cryptographic function that offers more security and is peer-to-peer transactions without intermediary third parties. Its speed is remarkable compared to MD5 and the SHA series. The second algorithm, Handshake, works by PKI to create a balance between the two parties. It keeps the communication data confidential and maintains its integrity.
Efficiency:
The efficiency of the miner is 5.4T per 2650W, which means it can mine more coins in less time. Although it takes more power to work, the rate of speed at which this miner mines coins is amazing. The productivity of this miner adds to its status as one of the best in the business. It includes a simple consumer background interface as well.
The Hash Rate:
The hash rate of a cryptocurrency network is the amount of computing power or speed it takes to process transactions. In HS5 it is 5.4 TH/s which means it is 35% better than the others from this series. With this hash rate, you can make Siacoins and Handshake faster. A function that may be used to decipher large amounts of data to fixed values is known as a hash function. Hash values, codes, or hashes are the output of a hash function.
The Interface:
The miner uses the Ethernet interface with an easy-to-navigate design. You can even get real-time data on the dashboard in terms of power consumption and hash rate. Golshell HS5 is ASIC supported to track its performance even if one is not present there at that moment.
Noise Level:
The miner produces 80 decibels of sound which is quite loud for you to handle in a residential area. You may get complaints from your neighbors if you place this noisy miner in your home so it is better to make a setup for this miner in a commercial area. You may require a permit to cater to the noise disturbance from authorities if you choose it for large-scale production.
Fans:
The miner comes with 4 pre-installed fans that work at a speed of 6000±10%rpm. This speed is good for cooling a miner of this size. Because of these fans, the noise level is a bit loud. Besides this, the fan uses 12V which means the fans won’t put a load on your power consumption.
Profitability:
For the profitability of the coins produced by the miner such as Siacoin or the Handshake, you can check out the Siacoin and many other coins price prediction or you can even check for the forecast of Handshake. Otherwise, the profitability rate of the miner will rise eventually day by day.
Summing Up!
Goldshell HS5 is an amazing multi-algorithm miner that comes in a warranty of 6 months provided by the manufacturer. You can easily get this miner from stores like Miner Bros. etc. or you can explore the store of your choice. This blog is supposed to give you an overview of the miner you can browse through the internet for more details or you can even contact a mining expert to know more about how to install the Goldshell HS5!