Posts Tagged ‘GRIN ASIC miner

The ASIC manufacturer Innosilicon has announced the specifications for their upcoming GRIN ASIC miner and surprisingly it will not be just one device, but three different models instead… similar to the offerings of their competitor Obelisk. If you though that Obelisk GRN1 miners were pretty expensive, especially when up for a pre-order, well Innosilicon’s won’t be much cheaper. The G32 GRIN ASIC miners are a little bit lower priced, but also with lower performance and that is only the pre-order price, not the “regular” price. The estimated delivery time if you pre-order now starts in August 2019 according to Innosilicon and in our opinion this will actually be very hard to manage with three different products, unless of course Innosilicon is already ready with the chip designs. Offering a GPU type of ASIC miner could be a bit of a challenge, although it will be a self contained miner with software and everything onboard, so no need to use it in a PC apparently.

What makes Innosilicon G32 GRIN ASIC miners a bit more interesting compared to the competition is the claim that apart from Cuckatoo31+, they will have Cuckatoo32+ algorithm support (with expected hashrates announced) and that they will also be Cuckatoo29/30 backwards compatible. This makes them more flexible for the currently supported and upcoming algorithm changes, though there is no information about the expected hashrate for C29 and C30. Innosilicon also gives a guarantee for April pre-order customers for full refund if their final G32 spec after actual product testing fails to meet the above Performance Target by Sept 30th this year. There is also an extended 9 months warranty (up form the standard 6 months) and “an additional ROI boosting feature, which will be announced before product delivery”.

G32-Mini PCIe Card (Wifi capable) Preliminary Specification:
– Performance Target: 21.5GPS (+-5%) for CC31+, 4.5GPS (+-5%) for CC32+, about 10X a good GPU
– Power Consumption: 140W (+-10%) normal mode, low power mode available
– Estimated Size: Standard PCIe Graphic Card Size
– Estimated weight: 1.2KG
– Installation: Easy installation like a GPU card, in fact is easier. The card is totally self-contained with software / wifi / Ethernet port embedded. Only the standard computer PSU is needed to power the card. Each Card can work alone or be cascaded.
– Pre-order special: $799 USD (regular price: $1500)

G32-500 Preliminary Specification:
– Performance Target: 100GPS(+-5%) for CC31+, 20GPS(+-5%) for CC32+
– Power Consumption: 520W (+-10%) normal mode, quiet miner, low power mode available
– Estimated Size: 125mm(W) x 155mm(H) x 270mm(L), super small tube
– Estimated weight: 5KG
– Installation: Come with Ethernet and a 220V/110V compatible PSU. Free PSU for this pre-order.
– Pre-order special: $2888 USD (regular price: $4500)

G32-1800 Preliminary Specification:
– Performance Target: 328GPS(+-5%) for CC31+, 65.6GPS(+-5%) for CC32+
– Power Consumption: 1800W (+-10%) normal mode, quiet miner, low power mode available
– Estimated Size: 250mm(W)*155mm(H) *360mm(L)
– Estimated weight: 12KG
– Installation: Comes with Ethernet and a 220V/110V compatible PSU. Free 220V PSU.
– Pre-order special: $9388 USD (regular price: $15000)

For more information about the upcoming Innosilicon G32 GRIN ASIC miners…

Obelisk has started with SIA and Decred ASIC miners with a bit of controversy back in 2017, and now they are apparently planning to extend their offers with new GRIN ASIC miners for later this year as it seems this is the new hot thing for ASIC miners – the GRIN’s Cuckatoo31 algorithm. The company has announced the start of a pre-sale for their new GRN1 miner that comes in three form factors: a traditional form factor (GRN1), compact form factor (GRN1 Mini), and an immersion form factor (GRN1 Immersion). The Obelisk GRN1 miners are designed for Grin’s Cuckatoo31+ hashing algorithm and they will NOT Work on the existing Cuckaroo29+ or future Cuckatoo32+ algorithm implementations.

Obelisk will be manufacturing a maximum of 2,500 GRN1 units (60,000 chips), available in first-come, first-serve fashion. GRN1 Mini units count as 1/6th, and GRN1 Immersion units count as 2. Only 2,000 GRN1 units are available in this sale. The remaining 500 will be sold by Obelisk at market-price when production is completed in October. This sale will close on May 3, 2019. Obelisk expects to ship orders in October 2019. Below you can find the estimated specifications and prices for the upcoming ASIC miners… as you can see the prices are pretty steep, though the hashrate they deliver currently is quite profitable, but who knows what will happen by the time you get the hardware in your hands. As usual with any pre-orders and specifications announced prior to actual products in existence you should be extra careful as very often the final specs are not the same as initially announced, meaning that you could easily get lower hashrate and/or higher power consumption. Though there are cases that the final specs may be better then initially announced as well, you should still proceed with caution and also check other alternatives such as the upcoming GRIN ASIC miner from Innosilicon.

– Price: $2,000
– Estimated Performance: 70 GPS, 400 W
– Estimated Dimensions: TBD
– Coupon: 25% off any GRN2 order (save up to $500 total, one coupon per order)
– Donation: $100 to Grin development.
Check the current profitability of GRN1 MINI at Apanel…

– Price: $10,000
– Estimated Performance: 420 GPS, 2200 W
– Estimated Dimensions: 135mm wide x 170mm tall x 400mm deep
– Coupon: 25% off any GRN2 order (save up to $2,500 total, one coupon per order)
– Donation: $500 to Grin development.
Check the current profitability of GRN1 at Apanel…

– Price: $20,000
– Estimated Performance: 840+ GPS, 4400 W
– Estimated Dimensions: 1U server form factor
– Coupon: 25% off any GRN2 order (save up to $5,000 total, one coupon per order)
– Donation: $1,000 to Grin development.
Check the current profitability of GRN1 IMMERSION at Apanel…

Innosilicon G32 Grin ASIC Miner is what seems to be the world’s first ASIC miner that is intended to support GRIN’s Cuckatoo31/32 algorithms. The device is apparently still in development with even the exact specifications not yet announced,though that does not stop the company to already take pre-orders for the first two batches (available only for pre-orders) with $2000 USD deposit (refundable within 2 weeks of final spec announcement) for each miner. Innosilicon will announce the preliminary specifications of the miner should be announced before mid-April, though the device should be with sub 500W of power usage and still unknown hashrate.

It is interesting to note that work on GRIN ASIC miners has already been started with the launch of he crypto currency as it is really still very young one and we are highly likely going to see ASIC mining hardware before the end of the year. Meanwhile however GRIN should work more on their user friendliness as one of the important things seen as a setback for the project at the moment is the lack of a proper wallet for Windows users as well as the not so easy transfer of coins between pools, exchanges and wallets.

For more details, though not that many yet, about the Innosilicon G32 GRIN ASIC miner…