Published On: December 27, 2024

Goldshell E-DG1M Review: Mining Capabilities & Best Deals

The Goldshell E-DG1M is one of the most advanced ASIC miners designed for mining Scrypt algorithms, including Litecoin and Dogecoin. Known for its robust hashrate and moderate power consumption, this miner strikes an excellent balance between performance and profitability, making it an ideal choice for both beginners and seasoned miners.

Mining Capabilities

The Goldshell E-DG1M is optimized for the Scrypt algorithm, enabling simultaneous mining of Litecoin (LTC) and Dogecoin. With its exceptional efficiency and reliable design, it is a solid choice for long-term mining endeavors.

Key Features

  • Model: E-DG1M
  • Algorithm: Scrypt
  • Hashrate: 3.4 GH/s
  • Power Consumption: 1800W
  • Efficiency: 0.529 J/MH

Specifications

General Specifications

  • Manufacturer: Goldshell
  • Release Date: August 2024
  • Size: 443 x 360 x 135 mm
  • Weight: 16 kg
  • Noise Level: 45 dB
  • Connectivity: Ethernet

Power Supply

  • Power Consumption: 1800W
  • Voltage: Compatible with home and office power setups

Environmental Requirements

  • Temperature: 5–35°C
  • Humidity: 10–65%

Cooling

  • Type: Air
  • Fans: Two fans ensure efficient cooling

Profitability Overview

Profitability varies based on electricity costs, cryptocurrency prices, and network difficulty. Below is a breakdown based on average metrics:

Electricity Cost
/KWh

Goldshell E-DG1M

Brand: Goldshell
Release Date: Aug 2024
Algorithm: Scrypt
Best Coin Hashrate Power Algorithm Mining Reward Power Cost Profit (USD)
 Dogecoin (DOGE) 2.6 H/s 1100 W Scrypt USD USD -1.58 USD

Note: Electricity Cost = 0.06 USD / KWh

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Note: Profitability depends on electricity rates, cryptocurrency prices, and mining difficulty.

Best Deals on the Goldshell E-DG1M

Purchase Options

  1. Direct from Manufacturer: Buy directly from Goldshell to ensure the best prices and access to updates.
  2. Online Retailers: Platforms like Amazon and Alibaba often list the E-DG1M. Check seller reviews to avoid scams.
  3. Bulk Discounts: Purchasing multiple units can lead to significant savings.
  4. Authorized Resellers: Look for deals on refurbished units from trusted resellers.
  5. Mining Expos: Trade shows provide opportunities to negotiate prices directly with suppliers.

Money-Saving Tips

  1. Monitor Market Trends: Prices can fluctuate; aim to buy during low-demand periods.
  2. Consider Refurbished Units: Trusted sellers may offer discounts on used devices.
  3. Leverage Prepaid Codes: Look for promotional discounts during major sales events.
  4. Compare Prices: Check multiple retailers, factoring in shipping costs.

Frequently Asked Questions

1. Is mining profitability constant?

No, profitability changes based on cryptocurrency prices, global hashrate, and electricity costs.

2. What is the hashrate of the Goldshell E-DG1M?

The hashrate is 3.4 GH/s.

3. How does electricity cost impact profits?

Electricity costs are deducted from mining income. At $0.10/kWh, daily electricity costs are $4.32.

4. What is the lifespan of this hardware?

With proper maintenance, the Goldshell E-DG1M can last 3–5 years.

5. Is power consumption measured hourly or daily?

Power consumption is measured hourly. The device uses 1800W per hour.

Conclusion

The Goldshell E-DG1M is a top-tier ASIC miner for Litecoin and Dogecoin enthusiasts. Its exceptional performance, energy efficiency, and moderate noise levels make it a standout choice for mining operations. Following the above-mentioned tips, you can maximize your investment and enjoy long-term profitability.

Ready to start mining? Order your Goldshell E-DG1M today and join the mining revolution!