Let’s face it Crypto Faucets can be hit and miss. We’ve tested hundreds over the last few months and have come up with a robust list of sites that give good rewards, almost 100% reliability and regular consistent payouts. Grab some free crypto at our recommended faucets before everyone else joins the crypto party!
With the launch of myriad asic scrypt miners the days of mining at home seem to be disappearing in favour of cloud mining. Gaw Miners offer a variety of hardware hosted through the zen cloud mining site.
There are many factors to consider and with such a wide array of hardware on offer it can be difficult to make the right choice. Gaw currently offer 1 month of free hosting with their current range but what miner is the most profitable once the daily maintenance charges kick in?
We looked at the full range and took into account the upfront cost and 3 months maintenance charge to find the best deal per Mh for each machine. As hardware is often obsolete within 4-6 months this guide effectively lets you know how much the costs will be for 4 months (including the 1 month free)
|Miner||Hash Rate (Mh)||Cost||$ per Mh||Maint/Day||Maint/Mh (90 Days)||Total $ per Mh||Link|
|War Machine||54||$1049.99||$19.44||$4.41||$7.35||$26.79||More Info|
|The Boulder||43||$939.95||$21.86||$2.40||$5.02||$26.88||More Info|
|Silverfish 2||28||$839.95||$30||$1.18||$3.79||$33.79||More Info|
|The Falcon||27||$734.95||$27.22||$2.20||$7.33||$34.55||More Info|
|The Ratchet||19||$599.95||$31.58||$1.10||$5.21||$36.79||More Info|
|G Black||25||$839.95||$33.60||$1.22||$4.39||$37.99||More Info|
|The Cliff Jumper||9.5||$309.95||$32.63||$0.61||$5.78||$38.51||More Info|
|Black Widow||13||$419.95||$32.30||$0.98||$6.78||$39.09||More Info|
|The Fury||1.3||$44.95||$34.58||$0.11||$7.62||$42.19||More Info|
|Gridseed Blade||5.2||$209.95||$40.38||$0.34||$5.88||$46.26||More Info|
|The Bee||3.6||$154.95||$43.04||$0.24||$6.00||$49.04||More Info|
|Silverfish 5||70||$3834.95||$54.79||$2.69||$3.46||$58.24||More Info|
|A2 Mini||28||$2519.95||$90||$0.49||$1.58||$91.57||More Info|
|Gridseed 5 Chip||0.3||$29.95||$99.83||$0.11||$33||$132.83||More Info|
Column 4 $/Mh = Cost per Mh based on purchase cost only
Column 5 Maint/Day = Maintenance Charge for full Machine per day
Column 6 Maint/Mh (90 Days) = Maintenance charge per Mh for 90 days (120 days if you include first month free)
Column 7 Total $ per Mh = The total cost per Mh over 90 days including purchase cost and maintenance (120 days if you include the first month free)
Best High End Stealth Machine:
The War Machine 54Mh $1049.95 – Cost Per Mh over 4 Months = $26.79
Best Mid Range Buy:
Silverfish 2 28Mh $839.95 – Cost Per Mh over 4 Months = $33.79
Best Budget Buy
The Fury 1.3Mh $44.95 – Cost Per Mh over 4 Months = $42.19
We have a limited number of promotional codes for Gaw Miners.
WELCOMETOGAW – $10 off orders over $150
GAW25 – $25 off orders over $200
GAW3FOR3000 – 3% off orders over $3000
GAW4FOR4000 – 4% off orders over $4000
GAW5FOR5000 – 5% off orders over $5000
*Note – Prices correct as of 5th August 2014 and may be subject to change. Errors and omissions excepted.
By Ken Foster
How to Get 50,000 Satoshi Free Now
Latium is the first and only truly FREE cryptocurrency.
Sign up today and get 5 FREE coins…and they say nothing in life is free, well they’re wrong! LATIUM is totally free!
Download the Windows/Mac/Linux client that you see after registering on the latium site
Now launch the wallet and let it sync. Then click ‘receive coins’ at the top.
Copy your latium address as shown below then proceed to step 3.
You should be logged into your Latium account on the website. In the left had menu click ‘Reports’ then “Payouts To Me’. Add your copied wallet address and then click request payment.
That’s it! You can now trade your Latium for Bitcoin, Leave it in your wallet to accrue interest or you can get more latium by using your referral link and spreading the word. See below:
1. Open an account at Coinswap to trade in your Latium for Bitcoin.
2. Get referrals buy advertising on BTC Clicks or CoinAds.
3. Leave Latium in your wallet to earn interest (see screenshot below)
* Please note: only valid referrals will credit you with Latium and are subject to approval before being credited to your account. Price of Latium will vary and go up or down. 50,000 satoshi for 5 Latium was the price quoted on CoinSwap on 1/8/2014.
Altcoins can be more fun and rewarding (as well as risky) than Bitcoin. There are quite a few altcoin faucets springing up and we’ve listed some below. For Bitcoin faucets please see our other guide here.
Don’t forget if you are an absolute starter you’ll need a wallet and address so you can store your coins. For altcoins you could do worst than open an account at Bleutrade and get wallet addresses provided for all your altcoins.
Anybody who reads this blog will know that I’m a big fan of cryptocurrencies that have something different to offer.
Latium is one such currency. Like another favourite of mine NXT, Latium can’t be mined and relies on 2 channels for value and growth. The first channel is the affiliate or referral network. Nothing much new there unless you dig a bit deeper.
[Edit July 5th: The Latium system had a big problem with bogus sign-ups and many genuine referral campaigns had their earnings approved before the loophole was detected. In many cases these ‘approved’ earnings were removed from existing users wallets, leaving a lot of bad feeling on the forums. If you do use a referral campaign to acquire affiliates then please bear this in mind. The admins claim the system has been improved]
Firstly you get 5 coins just for creating an account and downloading the wallet and then you accrue coins by referring others up to a maximum of 99 levels. Don’t forget the first 5 coins are free so this can’t be considered a pyramid scheme.
Secondly and perhaps crucially, if you choose to store the coins in your downloaded wallet rather than trade them they will accrue interest for you. This is clever as it creates a value/need for the coin.
This minting is explained on the website
“Minting is performed automatically by the Latium wallet only if the wallet is online and connected. There is no additional work or requirements to mint your Latium. Once your Latium has been confirmed, you will start generating “coin age.” Once your coin age exceeds six hours, your coins will be available to mint new blocks. When you mint a block, the coins used will be placed “at stake” and will remain at stake until 48 blocks have minted. Coins that are at stake are unavailable for transfer. After the 48 blocks have been minted, your initial coins along with the interest gained by minting will be available in your balance.”
At the moment on coin-swap the value of 1 Latium is 0.00009000 BTC – not a bad start – although with a new pre-mined coin the value could fluctuate wildly and any artificial buy orders could soon have an effect.
With any take up or online transaction traction we could see Latium becoming another Doge but with less draw on energy bills because of the absence of any mining need. Definitely one to watch.
QoinPro.com launched at the end of January 2014 and is growing rapidly. So what is it?
Well erm… you simply register with them and they give you free coins. So there must be a catch then?
Well anything that looks too good to be true usually is but in this case we couldn’t find anything.
The company is based out of Hong Kong and has full transparency. They admit to being backed by private investors and have a ‘fully thought out business plan’. The aim of the game at the moment seems to be compiling a large user database so the plan could be to ‘convert’ these ‘members’ to users of (for example) a new currency exchange.
It’s a fascinating yet simple model and – as the company advertises – you can sign up and get Free Bitcoins every 24 hours.
We signed up and were immediately rewarded with Bitcoins, Litecoins and Feathercoins. Further coins are unlocked after 2 days membership. You get coins on a daily basis and can get bonus coins by referring further users. There is also a credit system that you can use to ‘unlock’ other features using an SMS service. All intriguing stuff!