Goldshell
Model: AE Max II
540 MH/s zkSNARK Aleo miner from Goldshell. The successor to the AE Max (360 MH/s), delivering 50 percent more hashrate at 3 percent less power consumption (3,200W vs 3,300W) and 35 percent better efficiency (5.93 J/MH vs 9.17 J/MH). Released July 2025. Industrial deployment hardware purpose built for professional mining facilities, sitting above the home tier Goldshell AE Box (37 MH/s) and AE Box Pro (44 MH/s) units. Per megahash efficiency at 5.93 J/MH is approximately 3.3 times less efficient than IceRiver's AE2 (1.81 J/MH) and 3.5 times less efficient than IceRiver's AE3 (1.7 J/MH), positioning the AE Max II for operators valuing Goldshell ecosystem standardization, wide voltage flexibility, or deployment scenarios where the per chassis hashrate density justifies the efficiency differential. 180 to 285V wide AC input range via 16A power cord. 264 x 200 x 290 mm at 12.45 kg net weight. Air cooled at ≤85 dB through quad cooling fan design. Ethernet-only connectivity. 5 to 45 degrees Celsius operating range at 5 to 65 percent humidity tolerance. 180-day Goldshell factory warranty. Ships with PSU, power cables, quick start guide, and free DDP worldwide delivery from MillionMiner.
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Quantity
$2,050.00
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Tested hardware
Worldwide
Global shipping
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Mining experts
Hashrate
540 MH/s
Power
3200 W
Efficiency
5.93 J/MH
Noise
85 dB
Based on current BTC price & network difficulty. Indicative only.
| Period | Daily | Weekly | Monthly |
|---|---|---|---|
|
Income
|
$2.04 | $14.28 | $61.20 |
|
Electricity
|
-$6.14 | -$42.98 | -$184.20 |
|
Profit
|
$-4.10 | $-28.70 | $-123.00 |
Using 0.080 $/kWh · Network difficulty as of today. Estimates only.
Adjust rate in the bar aboveUpdated daily. Last refresh: May 08, 2026. Estimates at $0.08/kWh.
Contents may vary by batch. Exact items listed in order confirmation.
Connect PSU to miner and plug into the outlet
Connect ethernet cable to your router or switch
Find miner IP via router admin or IP scanner tool
Open web interface, enter pool URL and wallet — start mining
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540 MH/s vs 360 MH/s at 3 percent less power consumption. Generational upgrade delivers 35 percent better efficiency in the same physical chassis footprint.
Break even at approximately $0.10 per kWh, profitable at $0.08 per kWh and below. Wider profitable envelope than the original AE Max which required industrial rates.
Accommodates non-standard grid voltage in regions with stability concerns. Eliminates external voltage regulation requirements. Wider tolerance than most ASIC miners.
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540 MH/s zkSNARK at 3,200W and 5.93 J/MH efficiency on Goldshell's second generation industrial Aleo mining chassis. ±5 percent hashrate and ±5 percent power tolerance per Goldshell official documentation. Released July 2025 as the successor to the AE Max (360 MH/s). The flagship of Goldshell's current Aleo mining lineup, sitting above the home entry tier AE Box (37 MH/s) and AE Box Pro (44 MH/s) units.
Same chassis, same Goldshell firmware ecosystem, same deployment infrastructure requirements, but substantially better economics. The AE Max II delivers 50 percent more hashrate (540 vs 360 MH/s), 3 percent less power consumption (3,200 vs 3,300W), and 35 percent better efficiency (5.93 vs 9.17 J/MH). At $0.08 per kWh, the AE Max produces approximately -$1.12 daily loss while the AE Max II produces +$1.83 daily profit. The AE Max II crosses the profitability threshold at typical retail electricity rates while the AE Max requires sub-$0.066 per kWh industrial electricity access. For operators currently running AE Max fleets, refresh to AE Max II hardware delivers substantial operating economics improvement at the same physical deployment footprint.
IceRiver wins decisively on per megahash efficiency, AE Max II competes on different attributes. The IceRiver AE2 at 720 MH/s and 1,300W delivers 1.81 J/MH (3.3 times more efficient per megahash than the AE Max II at 5.93 J/MH). The IceRiver AE3 at 2 GH/s and 3,400W delivers approximately 1.7 J/MH (3.5 times more efficient). At $0.08 per kWh: AE2 produces +$6.99 daily profit, AE Max II produces +$1.83 daily profit. The AE Max II competes against IceRiver on Goldshell ecosystem preference, wider voltage range (180 to 285V versus IceRiver's 100 to 240V), Goldshell's established distributor and support network, and acquisition pricing rather than operational efficiency. For most deployment scenarios, the IceRiver AE2 or AE3 delivers better total cost of ownership.
Yes at typical industrial and most retail commercial electricity rates. MillionMiner calculator at $0.08 per kWh: +$1.83 daily profit, +$54.90 monthly, +$668 annually. At $0.05 per kWh industrial hosting rate: approximately +$4.14 daily profit, +$1,511 annually. At $0.04 per kWh: approximately +$4.91 daily profit, +$1,792 annually. At $0.10 per kWh: essentially break even. At $0.12 per kWh typical US residential: approximately -$1.62 daily loss. Break even electricity rate at current Aleo network conditions is approximately $0.104 per kWh. The AE Max II is profitable across a wider deployment envelope than the original AE Max but substantially narrower than IceRiver's AE2 (profitable up to approximately $0.30 per kWh).
Aleo is a Layer 1 blockchain launched in late 2024 focused on programmable privacy through zero knowledge proofs. The network uses zkSNARK (Zero Knowledge Succinct Non-Interactive Argument of Knowledge) cryptographic proofs to verify transactions without revealing their contents. Aleo aims to enable private smart contracts and decentralized applications where transaction data remains confidential while remaining verifiable on chain. The network uses a Rust-based domain specific language called Leo for smart contract development. Mining Aleo means computing zkSNARK proofs for the network, supporting transaction validation in exchange for ALEO token rewards. Operators mine Aleo for direct ALEO accumulation, exposure to the programmable privacy thesis, and diversification beyond established proof of work chains like Bitcoin.
Three deployment contexts make the AE Max II competitive despite the efficiency disadvantage versus IceRiver alternatives. First: deployment in regions with non-standard or unstable grid voltage where the 180 to 285V wide input tolerance eliminates external voltage regulation requirements (Africa, Southeast Asia, South America, older industrial facilities globally). Second: Goldshell ecosystem preference, where buyers running mixed Goldshell hardware fleets across Kaspa, Litecoin/Dogecoin, Alephium, and Aleo prefer to standardize on a single manufacturer's distributor and support network. Third: chassis density preference combined with available industrial electricity, where mining facility operators prefer fewer larger units. Plus a fourth: existing AE Max fleet operators upgrading to capture the 35 percent efficiency gain at the same footprint.
180 to 285V wide AC input range via 16A power cord per Goldshell official documentation. At 220V draws approximately 14.5 amps continuous, requiring a dedicated 20A 220V circuit. At 240V approximately 13.3 amps. At 280V approximately 11.4 amps. Not deployable on standard residential 110V electrical infrastructure regardless of circuit amperage, since the AE Max II's voltage range starts at 180V. The 180 to 285V wide tolerance accommodates deployment in regions with grid voltage variability or non-standard industrial power systems. Most ASIC miners accept 200 to 240V or 220 to 277V; the AE Max II's wider input tolerance simplifies deployment planning in regions with voltage stability concerns. Verify electrical service capacity at the deployment site before purchasing.
≤85 dB-es csúcs zaj a négy darab nagy teljesítményű hűtőventilátor által, amelyek működése 7 000 RPM-en van a Goldshell hivatalos specifikáció szerint. Néhány forgalmazói forrás a tipikus működési zajt 70 dB-re teszi, míg az ≤85 dB érték a csúcsterhelési körülményeket jelzi. Mindkét érték a legnagyobb zajszinttel rendelkező ASIC bányagépek közé helyezi az AE Max II-t a katalógusban, összehasonlítható egy nehéz ipari porszívóval vagy kereskedelmi keverővel csúcsműködés közben. Külön bányászati létesítményt igényel, erős akusztikus szigeteléssel a lakó- vagy irodahelyiségektől. Nem alkalmas otthoni irodák, hálószobák, garázsok közelében élő területeken vagy közös kereskedelmi helyeken. A ventilátor fordulatszáma és zajszintje a környezeti hőmérséklettől függően nő; melegebb környezetben nagyobb zajszintet eredményez.
No. Aleo (ALEO) exclusively. The AE Max II is a dedicated zkSNARK ASIC purpose built for the Aleo network's specific cryptographic workload. Cannot mine Bitcoin (SHA-256), Litecoin (Scrypt), Kaspa (KHeavyHash), Ethereum Classic (Ethash), Monero (RandomX), or any other proof of work cryptocurrency. The algorithm specificity is the trade off for the AE Max II's ASIC efficiency advantage over GPU rigs. Operators considering the AE Max II should be committed to Aleo as a long term position before purchasing, since the hardware has no resale or repurposing flexibility outside the Aleo network.
264 x 200 x 290 mm miner dimensions at 12.45 kg net weight per Goldshell official documentation. 13.6 kg gross packaged weight with PSU and shipping materials. Same chassis dimensions as the original AE Max (which weighs 11.1 kg net). Industrial chassis format suitable for rack mounting hardware, industrial mining shelving, or floor placement in dedicated mining facilities. Requires two person handling for safe placement, particularly during multi unit deployment. Fits standard rack mounting infrastructure with appropriate shelf hardware. Packaged shipping dimensions are 380 x 305 x 450 mm per Goldshell documentation, larger than the miner footprint due to protective packaging.
5 to 45 degrees Celsius operating range at 5 to 65 percent humidity tolerance per most distributor sources. Goldshell's official datasheet lists a more conservative 0 to 35 degrees Celsius optimal operating range, with 5 to 45 degrees Celsius as the extended tolerance window. The 3,200W power draw produces approximately 10,920 BTU per hour of heat output per unit, requiring industrial HVAC capacity at multi unit deployment scale. For deployment in hot climates such as the UAE, Texas summer, Arizona, or tropical regions, ambient cooling infrastructure must hold intake air below 30 degrees Celsius at peak load to maintain consistent hashrate and component longevity. Fan RPM and noise level scale with ambient temperature.
Aleo network economics are more volatile than mature proof of work chains. Aleo launched in late 2024 with significantly smaller market capitalization, smaller mining ecosystem, and shorter operating history than Bitcoin or Litecoin. ALEO token price can move significantly based on network developments, exchange listings, ecosystem growth, and broader cryptocurrency market conditions. Network difficulty can shift faster than mature chains as new mining hardware enters the market. The AE Max II hardware itself is locked to the Aleo zkSNARK algorithm with no coin switching flexibility, meaning the operator's investment thesis must include long term confidence in Aleo network viability. The AE Max II's worse efficiency relative to IceRiver alternatives also means it is more sensitive to Aleo network revenue declines: a 20 percent ALEO price drop affects the AE Max II's break even calculation more severely than the IceRiver AE2 at the same network conditions.
Yes. The AE Max II ships with an integrated PSU sized for the 3,200W rated load, along with 16A power cable and quick start guide. Box contents per MillionMiner: AE Max II unit, power supply unit (PSU), power cables, and quick start guide. Contents may vary by batch with exact items listed in order confirmation. The integrated PSU eliminates external power brick sourcing decisions and connector compatibility concerns. The 16A power cord supports the wide 180 to 285V voltage range and aligns with the AE Max II's 14.5A continuous draw at 220V operation.
Industrial ASIC setup. Step one: verify electrical circuit capacity at the deployment location (dedicated 20A 220V+ circuit required). Step two: connect the included 16A power cable to the integrated PSU and plug into the appropriate industrial outlet. Step three: connect Ethernet cable to the router or network switch (Ethernet-only connectivity, no WiFi support). Step four: find the miner IP through the router DHCP assignment table or network IP scanner tool. Step five: open the Goldshell web interface in a browser, configure Aleo pool URL and ALEO wallet address, change default credentials immediately for security. Step six: verify hashrate stabilizes at approximately 540 MH/s within 10 to 15 minutes of startup. Goldshell's standard firmware and management interface handle pool configuration and monitoring through any modern web browser on the local network.
Major Aleo mining pools accept AE Max II hashrate including F2Pool, Whalepool, DxPool, ViaBTC, Kryptex, and dedicated Aleo pools. Pool fees typically range from 0.5 to 2 percent of revenue depending on pool business model. Standard Stratum protocol with no hardware restrictions on pool selection. Verify pool specifics before deployment including minimum payout thresholds, hashrate reporting accuracy, and Aleo network support, since some pools have intermittent Aleo availability given the network's relative youth. The AE Max II's higher absolute hashrate per chassis means single unit deployments hit pool minimum payout thresholds faster than smaller home tier hardware, providing more frequent ALEO token settlements.
180-day Goldshell factory warranty (referenced as 6 months in Goldshell official documentation) starting from shipping confirmation date. Covers manufacturing defects and hardware failures under normal operating conditions. Tampering with warranty seal, use of incompatible PSU, exceeding rated voltage input, or physical damage from shipping voids coverage. Warranty claims processed through MillionMiner support with direct Goldshell channel escalation as needed. Goldshell also provides post-warranty paid repair services. The 180-day Goldshell warranty is shorter than IceRiver's 12-month warranty on the competing AE2, a consideration for buyers comparing total cost of ownership between manufacturers.
Industrial-tier ASIC maintenance. Quarterly dust cleaning of the four fan intakes prevents thermal throttling and premature fan bearing wear. The 7,000 RPM cooling fans operate at high speed continuously and benefit from more frequent inspection than lower power devices. Annual fan bearing inspection with replacement if bearing noise develops. Monitor hashrate continuously through the Goldshell web interface. The AE Max II has approximately nine months of field reliability data as of April 2026 with no known systemic reliability issues, though the Aleo ASIC market remains younger than Kaspa or Bitcoin so longer term reliability data is still developing. The 3,200W thermal load means dust accumulation affects performance faster than lower power devices, so quarterly cleaning is more important here than on home tier hardware.
Yes. MillionMiner hosting services accept AE Max II units at managed industrial facilities. At $0.05 per kWh industrial hosting rates: approximately +$4.14 daily profit per unit, +$1,511 annually. At $0.04 per kWh: approximately +$4.91 daily profit per unit, +$1,792 annually. Hosting eliminates facility management, three phase electrical infrastructure investment, industrial HVAC capacity requirements, acoustic isolation for the ≤85 dB noise output, and day-to-day operational overhead. Given the AE Max II's industrial deployment requirements and the loud noise output, hosting through MillionMiner is often the practical deployment path for buyers without existing industrial mining infrastructure. Self deployment makes economic sense at the AE Max II's break even of approximately $0.10 per kWh or below. Contact MillionMiner for current hosting rates and facility availability.
Buy the Goldshell AE Max II if you want Goldshell's flagship Aleo hardware with substantial efficiency improvement over the original AE Max, you have access to electricity at $0.10 per kWh or below for profitable operation, you are deploying in regions with non-standard grid voltage where the 180 to 285V wide input tolerance simplifies infrastructure, you are running mixed Goldshell hardware fleets across multiple algorithms and value distributor and support network standardization, you are upgrading from existing AE Max units to capture the 35 percent efficiency gain at the same footprint, or you are deploying through MillionMiner's industrial hosting service. Avoid the AE Max II if you have only retail residential electricity above $0.10 per kWh (not profitable), you want maximum efficiency per watt across your Aleo mining hardware (IceRiver AE2 and AE3 deliver 3.3 to 3.5 times better efficiency), you want home or small office Aleo mining (the AE Max II requires industrial deployment infrastructure), or you are uncertain about Aleo's long term network viability. (1,074 characters)
Within Goldshell's Aleo lineup: AE Box at 37 MH/s and AE Box Pro at 44 MH/s for home tier entry deployment, original AE Max at 360 MH/s for buyers wanting Goldshell hardware at lower acquisition cost despite worse efficiency. Competing Aleo manufacturers: IceRiver AE1 Lite at 250 to 300 MH/s and 500W (3.3 times more efficient per megahash than AE Max II), IceRiver AE2 at 720 MH/s and 1,300W (3.3 times more efficient with 33 percent more hashrate at less than half the power), IceRiver AE3 at 2 GH/s and 3,400W (3.5 times more efficient with 3.7 times the absolute output). For algorithm diversification within the Goldshell ecosystem: Goldshell KA Box for Kaspa KHeavyHash mining, Goldshell AL Box for Alephium Blake3 mining, Goldshell SC Box for Siacoin mining, Goldshell Mini-DOGE series for Litecoin and Dogecoin Scrypt mining. For operators wanting hosting rather than self deployment, MillionMiner ASIC hosting services accept AE Max II units at managed industrial facilities.