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Litecoin / Scrypt ASIC Miner Wolf Review – 1 / 2 GH/s

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Litecoin mining remains a hot topic in the mining community. Many of us are interested in the BW-L21 since it is one of the best Litecoin miners so far. The company is manufacturing miners that deliver unbelievable high hashrate. However, apparently 550 MH/s per 950 W power usage is not the limit.

Ehsminer, a France-based company announced that they are working on a miner that will outperform the BW-L21. Is this just a rumor or are we really about to welcome the Litecoin / Scrypt miner of the year? Let’s check this out!

Meet the Wolf

The Wolf is a new Litecoin ASIC that is meant to deliver 1024 MH/s for Scrypt mining while consuming only 1.4 KW. We are talking about a power efficiency of 1.36 KW/MHS. To put things into perspective, its closer competency features 1.72 KW/MHS.

The Wolf can mine any Scrypt-based coins and therefore it is not limited to Litecoin alone, though I am sure most of us will use it for LTC. Here is a full list of Scrypt-based algorithms that are supported by the miner.

Here are the Specs:

  • Scrypt Hashrate: 1024 Mh/s (+-5%)
  • ATX power supply: PSU is included
  • Power consumption: β‰ˆ 1.4 KW
  • 14nm FinFET Process Technology
  • Network: RJ45 10/100 Ethernet port
  • Mining Software: Cgminer rev3.5 with a dedicated WEB interface for easy configuration.
  • Host platform: Raspberry pi 2
  • Chassis: Standard 4U mountable rack gives you the facility to build, install and scale your mining infrastructure in standard datacenter.
  • Chips per unit: 400
  • Mining cores: 124 LTC/Scrypt cores per chip total of 50k LTC/Scrypt cores
  • Chip clock: 800Mhz
  • Communication interface: serial port interface

Pricing and Shipping

The miner prototype already exists. Ehsminer is planning on starting mass production of the ASIC in late 2017-early 2018. They will be confirming the exact date soon and if all goes well, the first units will be shipped in Q1 2018.

The miner is available for preorder. It is priced 2,900.00€ per unit excl. VAT. The company accepts a wide range of payment methods, which are: LTC, BTC, NXT, ETH, ZEC, DGB, ETC, DOGE, LSK and some other cryptocurrencies. They also accept bank transfers.

As for today, the Wolf got a ROI of 3 months. This will indeed change once more people will receive it, but it is still impressive for a modern LTC ASIC. Again, its closer competitor got a ROI of 5 months.

The miner got a 12 months warranty. This is understandable since Ehsminer is based in France and the 1 year warranty is established by EU law.

On the website, there is no mention of MOQ. Does that mean that we can order as many units as we want? If that is really the case, then I am sure that the ASIC will quickly become the top pick both for low-scale miners and mining farms alike.

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Wolf V2 2GH/s

Ehsminer is also working on a second version of the miner that is expected to feature even higher power efficiency than the Wolf version 1. By outputting 2 GH/s with a power consumption of only 1.2 KW, the Wolf v2 is meant to become the new standard in Litecoin mining.

On their website, Ehsminer writes that β€œAll customers who will purchase the 1GH version will have early access to the 2GH version.” Considering the huge efficiency of the Wolf v2, the ASIC will definitely become a difficulty bomb. By having early access to the miner, we can potentially reap the benefits of the huge hashrate before the bomb drops.

About the Company

It is worth mentioning that Ehsminer is a company registered in the EU. This is rather new for the ASIC industry since traditionally all big ASIC manufacturers are based in China. So apparently, Ehsminer activity is regulated by EU law. This might give us some warranties and protection when purchasing from them. Also, this might positively affect shipping times and costs too.

Litecoin Prospects

What about Litecoin price going down past days?

Litecoin price went from almost $90 USD/LTC down to around $45 USD/LTC in a matter of weeks. Right after people started to take Litecoin seriously, its price went back to the lows.

It is understandable that you will not mine a coin you don’t believe in. Litecoin was priced between $1 and $3 for the first four years after its launch, which might make people wonder that β€œIf Litecoin was priced $3 in January of this year, what prevents it from falling back to that mark again?”

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In theory, anything can happen and no one can be certain on the future of LTC. However common sense suggests that despite its ups and downs, Litecoin average price will be steadily going up over the next months and years.

The reason to that is that Litecoin is technologically one step ahead of Bitcoin. The cryptocurrency got real value for those who understand the tech side of crypto. Earlier in the year, Litecoin dev team has released a quite interesting roadmap and as we can see today, they already have implemented some of the planned features. A coin that got real value has more chances to be priced high in the market than one that is based on hype alone.

In Conclusion

Despite the expected ups and downs, Litecoin mining is booming. A couple of great LTC miners are announced to be released in the next months and the Wolf is definitely on the lead. I am keeping a close eye on the upcoming miner and I will keep you up to date on any news.

Thank you for reading. As always, your comments, suggestions and questions are welcome.

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ETH: 0x8a159cc27454130ee4880504f4d2afe2ebb22d15

BTC: 3DWC5xaaapSRmccAvv12dF3nsRYqx3Y1YM

ZEC: t1T9dLLM14Jh6NNuCPfNsRgGnj58LkT3yYX

  • Ahmed Samir

    this one will be a way better than Antminer L3+ it’s cheaper with more warranty

    • Rabinovitch

      The problem is that this miner is not really exist.

    • CMR

      The wolf miner has been advertised for a few years with no Miner ever released. I have heard this company has been collecting pre orders for 3 years.

  • Rajat Sharma

    Plz name 1 or 2 good graphic cards for solo PC based mining litecoins.. either Nvidia or AMD RADEON. Sapphire mining edition still viable option ? I intend to buy soon plz guide

    • Thomas Dorey

      ZERO,ASIcs are for scrypt if u didn’t clue in from this story,been this way for years now.Dash has ASICS too(x11,13,15,quark,qubits based coins)

    • Rajat,
      Three years ago this was a good idea. The difficulty levels now make GPU mining a pointless exercise. Please don’t do it – you’re (probably) better off just buying LTC with the same funds.

  • CMR

    This website reviews vaporware. This Wolf miner has been called a scam for a few years now. This miner is not real.

    • Alex

      I wouldn’t say that this website reviews vaporwave, mostly because you can find a lot of first-hand reviews here, as well as guides and tutorials
      Also, the fact that certain people labled the Wolf “scam” does not mean that the miner is indeed a scam. Some great and trustworthy sites believe that the Wolf is a thing. Cointelegraph is one of them:

      Your arguments gotta be hella good to convince me that Cointelegraph is not a trustworthy source of information.

      • CMR

        Well when a company is offering pre-orders for years ,but fails to deliver because they say they need a minimum order to get chips manufactured at foundry then yes its a scam . this has happened before if a miner does not physically exist and it is still in prototype stages its vaporware.

  • CMR

    stop reviewing vaporware based on advertised specs this is misleading consumers.

  • CoinEdge CV

    I sincerely feel that its easier said than done. Critics are almost always unaware of the challenges faced by manufacturers. If the company is saying it wants to start manufacturing after it has sufficient orders in hand, it’s perfectly fair!! That also comes in-line with their R&D project updates. Also the point mentioned on their website about the intention to release booking of pre-orders once they have ensured logistics are in place, that’s justifying itself…I don’t see any harm. Finally i feel that this website is trying to provide an unbiased insight into the manufacturer’s claims and the probability of outcomes. It’s up to the reader to judge whether to go for the miner or not. I am personally keeping my fingers crossed and would do my own research before putting my hard-earned money into this miner rather than blaming others.

  • Thomas Wolf Tompkins

    Yep vaporware. My Antminer L3+’s are real wares I own two of them batch 2

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