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InnoSilicon ships new Ethereum ASIC miner at 1,500 MH/s

InnoSilicon ships new Ethereum ASIC miner at 1,500 MH/s

A brand new Ethereum ASIC miner is coming to the market but it surely seems to be not as engaging because it was initially regarded as.

Wuhan-headquartered chip maker InnoSilicon is now transport the long-awaited Ethereum ASIC miner referred to as A11 Professional after phrases of the specs first got here out earlier this 12 months.

On the time, the anticipated efficiency was regarded as 2,000 megahashes per second (MH/s) with an influence at 2,500 watts (W). That might translate to a mining effectivity of 1.25 W per MH/s, which might outperform essentially the most environment friendly tools available on the market by 30%. 

However primarily based on the quotes for spot shares of A11 Professional by a number of miner distributors and brokers in China this week, the brand new ASIC tools touts a mean hash charge of 1,500 MH/s with an influence of two,350 W.

Meaning the common effectivity is at 1.56 W per MH/s. It will probably nonetheless outperform all of the tools available on the market in the mean time however is 20% much less environment friendly than what was initially anticipated. 

The quotes from Chinese language brokers and distributors are between 170,000 to 180,000 yuan, or round $27,000, per unit. 

ASIC Miner Worth, an internet site that tracks ASIC mining tools on all networks, additionally warns in a banner that at the least the primary batch of the A11 Professional tools transport in November will ship a hash charge of 1,500 MH/s, as an alternative of two,000 MH/s.

A tough launch

Certainly, InnoSilicon didn’t have a clean launch for the A11 sequence of kit.

The agency stated in a tweet in March that one among its workers carried out unauthorized gross sales for A11 Professional with the boasted 1.25 watt per MH/s mining effectivity and an anticipated supply time between April and August this 12 months. The worker was later fired.

“There are latest police investigation concerned in some fraud A11 pre-order gross sales actions. Please do not pay any account on A11 until additional announcement. Bella Chen is fired and now not with InnoSilicon,” the agency stated on the time. “Watch out all gross sales of A11 are suspended.”

Additional, the A11 Professional tools hits the market at a time when the newest date for Ethereum to change to proof of stake is slated for June 2022. Per ASIC Miner Worth’s calculation, the averaged payback interval for A11 Professional presently is round eight to 10 months primarily based on Ethereum’s present problem and costs.

The agency additionally hosted a launch occasion final week to launch its personal desktop graphic processing unit (GPU) chips, though it did not give out any particulars on the GPU’s potential efficiency on Ethereum mining.

© 2021 The Block Crypto, Inc. All Rights Reserved. This text is supplied for informational functions solely. It isn’t supplied or meant for use as authorized, tax, funding, monetary, or different recommendation.

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