How to Setup Goldshell AL Box?

Step-by-Step Guide for Setting Up the Goldshell AL Box

1. Preparing the ASIC

• Goldshell AL Box mining Alephium is compact, enabling miners to mine comfortably from anywhere.

• Unlike other ASIC miners, which demand high power, AL Box requires only 180W. Hence, you can run the ASIC either on 120V or 240V. However, it depends upon the power supply you are using to run the miner.

• The AL Box doesn’t come with a Power Supply Unit (PSU). You can power your ASIC using two different power supply methods.~HP Server PSU with a breakup board PCI-e cables
  ~ATX Power Supply with PCI-e cables and a 24-pin power supply.
  Here, we will be using HP Server PSU with a breakup board of PCI-e cables for demonstration.

• You will need an ethernet cable for the initial setup. However, unlike other ASICs, AL Box comes with Wi-Fi support that you can use while mining.

• Plug the PCI-e cables into the ASIC.

• Now, plug in the Ethernet cable for the initial setup. Eventually, we can use Wi-Fi while mining.

• You will need a power cable to connect your HP Server PSU to the power supply. You can use your regular home power supply as the AL Box needs only 180W.

• Connect the cable to the regular home power supply. Ensure all plugs are tight and there are no loose connections. You’re all set to start the ASIC.

2. Configuring the ASIC

• Once the power supply is on, the light should come on.

• The next step is to get the IP address of Goldshell AL Box.

• Go to the website called Advanced IP Scanner. It is a free program software that gives you ASIC’s IP address.
• Alternatively, you can log in to your router to get the IP address.

3. Accessing the AL Box via the Web Browser

• Enter the IP address of your ASIC in the browser.

• That will take you to the home page of the AL Box.

4. Refining the Firmware

• Using the latest firmware version is highly recommended for optimized mining performance. Check your firmware version on the settings page. If it is not the recent version, you can get it downloaded from the official website.
• Go to the Goldshell official website Github. Download the latest firmware version.

• Now, go back to the Web GUI of the AL Box. Click on the firmware file you just downloaded and update it.

• The firmware update may take anywhere from 5 to 10 minutes. Once done, you can check the updated firmware version on your dashboard.

5. Downloading the Alephium Wallet

• You would need a dedicated Alephium wallet to receive Alephium.
• You can download the Alephium wallet from its official website, alephium.org.

• You can pick and choose the wallet according to your preferences.

6. Adding the Mining Pool

• To add the mining pool, you should unlock your miner. Click on the unlock button at the top right.

• The default username is admin, and the password is 123456789. Click unlock to add the mining pool.

• Now, go to the pool settings page and add the mining pool, miner name, and password.

• You can check the suitable mining pools for Alephium on mining pool stats. For demonstration purposes, let’s use dxpool.com. Go to Alephium (ALPH) and click on “Tutorial”.

• Copy the mining pool address.

• Paste the copied address in the URL.

• Next is the miner’s name. It’s your receiving wallet address.

• Paste the address on the miner’s name tab separated by .albox. The password is 123. Click Apply.

7. Start Mining Alephium

• You can see the mining pool address updated. The mining process would have started with the dxpool. You can see the mining pool status in real time.

Alephium Mining Profitability

The mining profitability of Alephium or any other cryptocurrency is complex. It depends on diverse factors, such as the price of Alephium, the hash rate, power consumption, electricity charges in your area, the quality of your mining hardware, market conditions, and more.

First, the price of Alephium directly affects mining profitability. Thus, monitoring its price movements is crucial. Moreover, cryptocurrency prices are highly volatile, and keeping an eye on them will help you make informed decisions.

Here is a graphical illustration of Alephium price movements for the last year.

Source: Coinmarkecap

Alephium Mining Difficulty

Each cryptocurrency has its specific mining algorithm that regulates its mining difficulty to maintain consistent block generation time. Thus, mining difficulty varies from one cryptocurrency to another. For instance, Bitcoin’s block generation time is 10 minutes, whereas Litecoin’s block generation time is 2.5 minutes.

Alephium follows the Blake3 algorithm, which regulates the mining difficulty in real time based on the number of network participants. For instance, the algorithm increases the difficulty level if there are more miners in the network and decreases it if there are a few network participants.

Besides consistent block generation time, mining difficulty is crucial to maintaining the decentralization, security and integrity of the blockchain network. Thus, secure crypto transactions are possible.

Check out the Detailed Video Tutorial of How to Setup AL Box: