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It's actually not energy efficient at all, it just uses less energy than, say, a D3. However, a D3 will, at least on the X11 algo, mine at 10x+ the efficiency for 2-3x the energy depending on your settings. That is FAR more earth friendly (and the D3 is currently barely churning out a profit at the cost of a lot of electricity, I turned mine off a couple months back, even using Blissz's firmware).
As something to play with, the Baikal mini looks neat enough. If you're set on using it, I suggest just looking at the algos and mining whatever will bring in the most coins and cross your fingers they end up worth something. At the current rate, you lose money by turning it on (unless your electricity is free). It's a 2 year old ASIC. It's great for playing with or learning with, and if either is your goal, good luck with it!
As something to play with, the Baikal mini looks neat enough. If you're set on using it, I suggest just looking at the algos and mining whatever will bring in the most coins and cross your fingers they end up worth something. At the current rate, you lose money by turning it on (unless your electricity is free). It's a 2 year old ASIC. It's great for playing with or learning with, and if either is your goal, good luck with it!
Thanks for the bright explanation, I understand what you mean. Proportionate to bigger mining hardware I use relatively more energy for every mined coin.
But I was thinking from the perspective as a person with my 1 Kilowatt a day energy consumption, a few dollars a month.
Yeah it's just for testing some technical parts, so if there is a coin with only the creator who mines it and wants me to join, I'm in.
And then don't try to humiliate me with your 10xD3 setup please.
this is purely to demotivate him/her...
