Innosilicon has just launched another BTC ASIC miner called T2Turbo+32T, a 32 THS miner that can run up to 36 THS according to the company with a power usage of 2200 Watts. What the company did with the new miner is to use the same 10nm ASIC chips like their previous 24 THS T2T-24T Bitcoin ASIC, but adding more chips running at lower operating frequency and delivering better efficiency per Watt. The efficiency in normal mode is 68 W/TH and the miner can apparently run in high-performance mode delivering up to 36 THS. Innosilicon currently has a special promotional price for the Innosiicon T2Turbo+32T of $1568 USD for online order with limited quantities available.

It seems that Innosilicon might be taking the lead in ASIC chip development for mining crypto currencies lately in terms of performance and efficiency even though it is not the largest company in this sector. Probably the fact that matters here is that the company has been designing and manufacturing chips even before venturing in the crypto mining market unlike most of the dedicated crypto ASIC manufacturers. What they still do seem to need to address however is their customer communications and service as this is what most customers that have some issues with their products issues are complaining from with Innosilicon

We can’t confirm for sure yet, but we are seeing a lot of reports coming from Asia about what seems to be the first Lyra2REv2 ASIC miner called DAYUN Zig Z1 getting released. A 28nm-based ASIC miner that is capable of producing 6.8 GHS Lyra2REv2 hashrate with about 1200 Watts of power usage (176.5 W/GH efficiency) is apparently already available for sale with a price range of about $8000-9000 USD. This would mean that profitability for GPU mining coins like Monacoin (MONA), Vertcoin (VTC), Verge (XVG) and others using the Lyra2REv2 algorithm will start dropping further making them unprofitable to be mined with GPUs really soon. It is interesting to note that none of these popular Lyra2REv2 coins is showing significant change up in their network hashrate lately, meaning that either these devices are just getting out of production now and on sale, or they are being produced just now…

A few days ago the Bitcoin Interest (BCI) fork of Bitcoin has successfully switched to the ProgPoW algorithm, becoming the first crypto coin to actually utilize this new algorithm. ProgPoW is a proof-of-work algorithm designed to close the efficiency gap available to specialized ASICs. It utilizes almost all parts of commodity hardware (GPUs), and comes pre-tuned for the most common GPU hardware utilized in the Ethereum network. The design goal of ProgPoW is to have the algorithm’s requirements match what is available on commodity GPUs, so if the algorithm were to be implemented on a custom ASIC hardware there should be little opportunity for efficiency gains compared to a commodity GPU. This all means that in theory the ProgPoW algorithm will not see ASIC mining hardware, due to no opportunity to get much faster speeds compared to what a GPU is capable of delivering. This essentially means that ProgPoW should in theory be a really ASIC-resistant proof of work algorithm…

If you are interested in more details you can check the official BCI website, and miners would most likely be interested in the mining software, pools and a Bitcoin Interest mining calculator in order to see what is the current mining profitability of your GPU rigs. Here you can also find a BCI Block Explorer to see how are things progressing with the Bitcoin Interest blockchain. You might also be interested in the Bitcoin Interest GitHub repository for the official wallets, miners and so on. BCI is currently being traded on a couple of exchanges including Bitfinex, Stocks.Exchange, HitBTC, Exrates and Trade Satoshi.

BCI ProgPoW Miners:
Nvdia ProgPoW miner for Windows
AMD ProgPoW miner for Windows
ProgPoW miners for Linux

BCI Mining Pools:
LuckyPool
AltPool
Suprnova
CoinBlockers
ProgPool
NibiruPool
BasementPool

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