DG Home 1 VS VolcMiner Mini : FULL COMPARISON
Miners
- tagwu
SUMMARY
This article provides a comprehensive comparison between two popular Scrypt-based cryptocurrency miners, the VolcMiner Mini and the ElphaPex DG Home 1. It aims to help prospective buyers and miners make informed decisions by analyzing technical specifications, performance, cost-effectiveness, profitability, and availability. Whether you prioritize long-term energy efficiency or quick return on investment, this guide offers valuable insights to suit different mining needs and budgets.
Table of Contents
Technical Specifications
Below is a comparison table containing VolcMiner Mini and ElphaPex DG Home 1:
Comparing DG Home 1 with VolcMiner Mini
1. Performance
Hashrate: VolcMiner Mini delivers 2.2 GH/s, which is:
- Higher than ElphaPex DG Home 1 (2.1 GH/s).
Power and Efficiency: The efficiency of VolcMiner Mini is 0.23 J/MH, which is:
- Better than ElphaPex DG Home 1 (0.3 J/MH), indicating higher energy efficiency.
- This makes VolcMiner Mini more cost-effective for long-term operation.
2. Pricing and Cost-Effectiveness
Price: VolcMiner Mini is priced at $5,000, which is:
- Significantly more expensive than ElphaPex DG Home 1 ($1,950).
Price per GH: VolcMiner Mini’s price per GH is $2,273/GH, which is:
- Higher than ElphaPex DG Home 1 ($929/GH), making the latter a more affordable choice.
3. Payback Period and Profitability
Payback Period: VolcMiner Mini’s payback period is 1,075 days, which is:
- Much longer than ElphaPex DG Home 1 (446 days).
- The higher initial cost significantly impacts VolcMiner Mini’s return timeline.
Daily Net Profit: VolcMiner Mini generates $4.65 per day, which is:
- Slightly higher than ElphaPex DG Home 1 ($4.38).
- However, the profit difference is minimal, considering the price gap.
4. Availability and Delivery
Availability: VolcMiner Mini is currently out of stock, making it inaccessible at the moment. ElphaPex DG Home 1 is available for the January batch, offering quicker delivery.
Overall Evaluation
From the VolcMiner Mini (2.2 GH/s) perspective:
Strengths:
- Superior energy efficiency and slightly higher daily net profit.
- More suitable for users prioritizing long-term efficiency over upfront costs.
Weaknesses:
- Significantly higher price and longer payback period.
- Currently out of stock, limiting availability.
Recommendation
For users with a limited budget or a need for quick ROI, ElphaPex DG Home 1 is the better option due to its shorter payback period and lower initial cost. For those seeking long-term efficiency and slightly higher profitability, VolcMiner Mini is an appealing choice—if and when it becomes available.
LTC Merged Mining Coin Prices History
ViaBTC supports merged mining of LTC with multiple coins, enabling miners to earn rewards from six coins without additional hashrate or impact on primary coin rewards:
LTC (Litecoin): Launched on November 9, 2011, the first crypto based on the Scrypt algorithm. Current price: $105.20
DOGE (Dogecoin): Created as a joke in 2013, it features the Shiba Inu mascot and is widely popular. Current price: $0.3359
BELLS (Bellscoin): Created by Dogecoin founder Shibetoshi in 2013 and relaunched in December 2023. Current price: $0.4492
LKY (Luckycoin): Launched in 2013 by anonymous developer LuckyC, revived in 2024 by community volunteers. Current price: $0.7128
PEP (Pepecoin): A Dogecoin fork launched in January 2024, focused on being community-driven. Current price: $0.0004017
JKC (Junkcoin): Created in May 2013 as a Litecoin fork, revived in November 2024 as an early meme coin. Current price: $0.08675
DG Home 1 and VolcMiner Mini Profitability
The ElphaPex DG Home 1 utilizes the Scrypt algorithm with a hashrate of 2 GH/s (±3%) and a power consumption of 620W (±10%), achieving an efficiency of 0.31 J/MH. Based on profitability data, it generates 0.00411341 LTC, 15.5302619 DOGE, and 0.0239396 BELLS, totaling approximately $6.59 per day. With electricity costs at $0.04/kWh, daily expenses amount to $0.60, resulting in a net daily profit of $5.99.
The VolcMiner Mini consumes 500W of power, which equals 12 kWh per day. At an electricity cost of $0.04 per kWh, the daily electricity expense is $0.48. The miner produces approximately 0.00440739 LTC, 17.16346323 DOGE, and 0.02898392 BELLS per day, with a total estimated value of $6.22. After deducting electricity costs, the net profit is $5.74 per day.
CONCLUSION
For users seeking a cost-effective and quicker return on investment, the ElphaPex DG Home 1 is the better option, particularly due to its affordability and availability. On the other hand, if long-term energy efficiency and slightly higher profitability are priorities, and the upfront cost is not an issue, the VolcMiner Mini is a solid choice—provided it becomes available.
FAQs on DG Home 1 and VolcMiner Mini
Which miner is more suitable for beginners?
The ElphaPex DG Home 1 is more beginner-friendly due to its lower cost, shorter payback period, and immediate availability.
How does energy efficiency affect profitability?
Energy efficiency determines the power consumed per unit of hashrate. A more efficient miner, like the VolcMiner Mini, reduces electricity costs over time, making it more profitable in the long run despite higher upfront costs.
Are these miners compatible with merged mining?
Yes, both miners utilize the Scrypt algorithm, which supports merged mining for coins like LTC, DOGE, and BELLS, allowing users to mine multiple coins simultaneously to maximize profits.