Due to high prices for ASIC devices, many miners decide to buy equipment on the secondary market. Used equipment in good condition can be bought 30% cheaper. This will significantly reduce the payback period of the farm. But there is a risk of getting a problematic device. Therefore, you need to know how to check the asic when buying it for operability. The information will also be useful to those who purchase new devices. The manufacturer’s warranty on them is 3 months. During this time, you can identify the malfunction and return the non-working device.
What affects the performance of the asic
In 2023, the ASIC is the most productive tool for mining cryptocurrencies. When mining, the device experiences maximum loads. Due to improper operating conditions, the working resource of the asic quickly decreases. According to the experience of employees of service centers, the most common causes of breakdowns of miners are:
- Defective fans. The first to fail are the mechanical elements of the radiators. This is facilitated by work in dusty rooms, vibration of the farm and the use of low-quality materials in the manufacture of fans.
- Untimely maintenance. Dust on the internal parts of the device and cheap low-quality filters reduce the cooling of the miner. Due to the strong friction during the operation of coolers, the risk of chip fires increases. Heating the hash board above 115 degrees Celsius can lead to its delamination. In this case, the element must be replaced. Another problem of hash boards caused by overheating is chip degradation. Several elements can fail due to burn-through (melting of the case) or chipping (mechanical destruction of the chip).
New miners or used
In 2023, asics cost from 500 thousand rubles and more. To save money, miners look for equipment on the secondary market. In such transactions, there is a high risk of getting worn out equipment or encountering fraudsters. New equipment can be returned to the manufacturer and refunded if a malfunction is detected. If you buy spoiled equipment from hand, it will have to be repaired at your own expense. Therefore, it is necessary to check the asic before buying:
- Inspect for burned contacts.
- Disassemble the miner and check the boards.
- Check the serial number.
- Measure hash rate.
If the resource is not exhausted and the equipment was operated in acceptable conditions, used asics have the same performance as new models.
Among the suppliers there are many fraudsters. Before buying equipment, it is necessary to familiarize yourself with the reviews of the site or seller.
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The process of connecting and checking the ASIC
To make sure that the asic is working, you need to turn on the device and leave it for at least 30 minutes (better for 2-3 hours). Immediately after activation, the miner begins to make a lot of noise. Later, the sound changes to a monotonous hum. To start the ASIC, you need to perform the following actions:
- Connect the power supply to the device. Connectors should be inserted until a characteristic click.
- Connect the Internet cable (LAN) and the power wire to the port. Depending on the model, there may be several of them.
- Check the connection of the cables. In case of an error, the power supply or the miner may burn out.
- Turn on the ASIC (turn the toggle switch from position “0” to “1”).
Access to the admin panel
To get access to the system, you need to know the IP address of the asic. It can be obtained in the following ways:
- Look in monitoring programs (IPscanner, BTC TOOLS, APMinerTool).
- Download the IPReporter.zip archive from the developer’s website. Run the files as administrator. Go to Position (or Shelf, Step). Click on IP Report. The IP address will appear on the screen.
- Open a browser and type 192.168.0.1 (default) into the address bar. Go to the router control panel and view the IP.
After that, you can enter the administration panel. The algorithm of actions is as follows:
- Enter the IP address of the ASIC.
- The admin panel will appear.
- Go to the Miner Configuration section. Enter the pool address and password. Large mining companies have their own mining services. Data can be copied on the resource.
- To track the operating parameters, you need to go to the Miner Status section.
How to check the asic for operability
Before buying or immediately after the transaction, the miner should be tested. The algorithm of checking is the same for new and used devices. On the secondary market there is a high risk of encountering fraudsters and getting a cheaper or faulty model under the guise of an expensive one. Therefore, it is better to check the asics before payment.
Author: Saifedean Ammous, an expert in cryptocurrency economics.