Comino Brings Plug-and-Play Simplicity to Cryptocurrency Mining [Interview] –

Comino Brings Plug-and-Play Simplicity to Cryptocurrency Mining [Interview] -

As curiosity in cryptocurrencies continues to develop, so too does curiosity in cryptocurrency mining. Sadly, there generally is a important studying curve concerned. Comino goals to alter that with their line of fully pre-assembled gadgets that work with plug-and-play simplicity. Bitcoinist just lately sat down with Comino co-founder and CEO Evgeny Vlasov to study extra about these game-changing gadgets. 

Bitcoinist: In the beginning, what units your miners aside from the competitors?

EV: Initially, we assemble the whole product and supply it as a plug and play system. Nobody on this market does full gadgets with GPU playing cards inside. A couple of our rivals attempt to produce such gadgets, however they’re actually noisy and dusty. They’ll’t realistically be positioned in a room at residence. However our miners are completely tailored for residence use. For instance, it may be positioned close to your mattress and will probably be working noiselessly and dust-free. Within the winter, it may be used as a heater as effectively.

Our merchandise are fully plug-and-play — you simply push one button and all the things works: it mines cryptocurrency to your account. Our firm creates all the things on your wallets and infrastructure. Even when you recognize subsequent to nothing about cryptocurrencies, all the things will probably be working.

Our essential aim is to supply gadgets with high-quality parts. So we produce and assemble the gadgets, we develop software program for these gadgets, and, in fact, we offer a one-year guarantee. On this market of miners with GPU playing cards, nobody else gives such a guaranty.

Comino mining devices

Bitcoinist: Proper now, your miners focus on mining Ethereum and ZCash — and solely Ethereum and ZCash. Why is that, and do you have got plans to launch miners for different cryptocurrencies sooner or later?

EV: We made the choice to implement Ethereum and ZCash as a result of these cryptocurrencies are the best and most worthwhile cash to mine with GPU playing cards. If you need to get one other cryptocurrency, you’ll be able to simply mine Ethereum after which alternate it into one other foreign money.  These days there are various different cash, however they aren’t worthwhile sufficient, so there isn’t a cause to implement them.

Sooner or later, nevertheless, if we determine to implement one other coin, that received’t be an issue. Proper now, for instance, we’re experimenting with different cash, however we don’t presently present the power to modify to different cash to our purchasers.

Bitcoinist: You manufacture a lot of your elements your self. What advantages does this present to the standard of the miner?

EV: Sure, we manufacture nearly all the elements ourselves — solely the GPU playing cards and motherboards are offered by the distributors. However we plan to customise them as effectively and we now have already began manufacturing of personalized GPU playing cards and motherboards.

Why will we do that? As a result of we investigated the market discovered that almost all parts — even one thing so simple as wires — aren’t produced to given requirements. For instance, in China, they’re produced utilizing low-quality parts. They don’t meet the requirements in any respect.

From the very starting, we needed to create a top-quality system that can hold working for a very long time. Wires, connectors, capacitors, risers, energy provides, and all the things else needs to be of top of the range. Our parts permit us to supply a tool that can hold working for years with none issues. Different gadgets available on the market that we investigated usually aren’t in a position to serve you for even a yr.

Bitcoinist: Liquid cooling may be very a lot Comino’s ‘factor.’ Why are liquid cooling options superior to different strategies of cooling?

EV: Liquid cooling is extraordinarily efficient for maintaining chips cool. It’s no secret that the temperature is without doubt one of the essential issues plaguing miners — and really the entire IT-infrastructure. If you happen to use chips all day lengthy — even overclocked 20 p.c on prime — it masses lots of of percents every second and produces loads of warmth, and it ought to successfully take this heating away from the chips to make them work for a protracted time period. Solely liquid can resolve this downside.

In fact, air cooling is cheaper, however it isn’t efficient. If you happen to use parts only for gaming, it requires loading 100 p.c for a brief time period — that’s the reason it’s acceptable to make use of air cooling inside desktops and on the widespread GPU playing cards. We use liquid cooling as a result of we have to create actually efficient cooling for chips to make them work for a protracted time period.

Apart from, it’s noiseless, there isn’t a mud on the playing cards, so the prices for the upkeep will probably be lower than for air cooling as effectively. 

Bitcoinist: Comino additionally gives cloud mining companies. Inform us a little bit about that. What are the advantages? 

EV: Sure, we all know that our infrastructure will probably be working for a very long time, that’s the reason we created our personal data-center with a associate in Sweden and we use our gadgets to offer cloud mining companies as effectively.

We notice that not everybody desires to mine from residence. Some individuals would possibly favor cloud mining and even colocation, the place they purchase the system after which simply pay a price for upkeep and electrical energy prices, however the system is saved at our facility. Colocation and cloud mining are significantly common in areas the place electrical energy prices are increased. In Europe, the worth for electrical energy is about 20 Euro cents per one kilowatt.

Bitcoinist: Can Comino miners be used for different functions moreover mining? 

EV: Certain! Proper now, all produced miners can be utilized for a lot of functions. Initially, for growing different software program, like for the improvement of neural networks, synthetic intelligence, and databases. From what I perceive, it is extremely common to make use of databases inside GPUs, as a result of GPUs can carry out duties like transferring knowledge, knowledge discount, and quarrying to huge knowledge in a short time. So, that’s the reason it’s used now for giant knowledge evaluation and in-memory databases.

I heard that Alibaba just lately purchased one of many greatest GPU options for databases that’s truly getting used proper now for knowledge evaluation. Apart from, it may be used for sensible contracts. So, sure, it may be used for a lot of duties.

Bitcoinist: Comino miners are positively priced at a premium. What advantages does a possible buyer get for splashing the money?   

EV: Firstly, that is plug and play system with fine quality parts inside that will probably be working for a few years with a steady hash price. Because of this, it can mine extra cash than widespread gadgets with the identical hash price. One may also use our system within the winter like a heater at residence as a result of it’s actually noiseless and there’s no mud contained in the playing cards. The parts will probably be working longer than widespread parts in widespread miners.

For instance, you would purchase a miner that prices half of what one in all our miners prices, however you would wish 5 such miners to supply the identical earnings in cash and, probably, they won’t be working in 5 years’ time. Or you would purchase simply one in all our gadgets, which will probably be working for a few years with a steady hash price. The pool will get extra rewards as a result of it can price your working course of increased.

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