Topic: Asic LINZHI 2600 Mh/s (Read 1517 times)

what about buying the Innosilicon A11 Pro? it's on inno's website for about $15k

that is total bullshit. they are surprisingly stable.
I have 2 here, so my information is not based on hearsay, but on actual facts.

Well the main asdic builder of record is most likely innosilicon and they are costly items.

hash rate reach 388th

10 days ago it was 359th

that is 29th in ten days.

since 1th is 1620 nvidia 3070

they added 29 x 1620 = 46980 3070 Gpus in 10 days

so in 100 days we could be at 388+290 = 678 th.

100 days is May 23 I think.

If we grow to 678th by may 23rd.

I smell a crash.

we could drop to 3 cents an mh from current 12 cents an mh

That will not stop them for wanting to scam buyers now ehhe, if they use the hype well right now will be many people wanting to buy each unit for 15k each hehe

95% of asics are meant to scam people anyway.

This asic is a joke. The prototypes never got to production. They were only able to manufacture a few hundred and never sold them to the public because there were too many problems and completely unstable. Instead they decided to keep them and mine with them themselves and one or two other partners since there would be too many service issues and blowback from failure if they sold them to anyone else. They all have 4.4gb , and are end of life’d this summer anyway as DAG crosses 4.4. They are currently working on an 8+ gb model and will not even start manufacturing them at the earliest next year which again being so close to PoS at that point and given the issues they had with the prototypes it’s likely they’ll just mine themselves on them for a year until PoW ends. Too late now to start all over and manufacture any in any real quantity to sell before PoS, especially given the massive global chip shortage which affects them as well. Basically they failed to get into production on time and failed to meet quality and reliability standards. It’s unfortunate for them, but Great for gpu miner as they pose no real threat.  They also aren’t really even significant more efficient than gpus these days anyway, especially the 5600xt. Plus when these are end of life’d they are worth $0. At least with gpus you can resell them.

Maybe 1000 x 38 = 40,000 some will be shitty.

I am not sure how many chips to a miner 40 so 40000/40= 1000

my guess is they did more than a typical MOQ of 500.

so 1000 units. I think they are simply going to mine.  If Eth super moons they may sell this gear in April it shows in may and you would be lucky to break even.

I think I read they ordered 38 wafers of chips back in 2018.  Not sure how many chips per wafer.

So it is smart they will most likely just mine it and not sell them.

The sales window closes.

 Since Sept or Oct it bricks for Eth

I would mine them out if I were  them.

I wonder how many they have running.

10 of them is 26gh
100 of them is 260gh
1000 of them is 2600gh or 2.6th
10000 of them is 26000gh of 26th.

I am guessing they have a minimum of 500 of them.

I don't think they have 10,000 of them.

Innosilicon most likely has way more of their asics which will not brick as quickly.

The telegram channel had news that sales would not start in the coming weeks:
https://t.me/LinzhiCorp/21811
"Wolf @Linzhi, [27.01.21 17:47]
NOTE: General sales of the Linzhi Phoenix Ethash miner have not yet started, and will not start for several weeks at least. Anyone claiming to sell units is most likely a scammer.

Wolf @Linzhi, [27.01.21 17:48]
(general members cannot post messages in this group for the time being, only admins can)"

Beware of scammers!

Until the price of eth crashes why would they sell them.

https://t.me/LinzhiCorp_News and https://t.me/LinzhiCorp only telegram channels, suppose to be updated.

This is the RND account they say: https://eth.crazypool.org/#/account/0xEF1d6C35a3877EC20A72Fe3a2df79CdBaeE39148

Overall, don't see it selling anytime soon

Well eth price rises and eth fees also rise.

but the hash rate is now over 368th.

With progpow you customize your algorithm to perfectly fit on an already existing die. In essence you make that die an ASIC for a given algorithm.

This will always run "hot" because you simply use every transistor of your chip. (which is intended)

But of course you can run a GPU at:
-low voltage low frequency but higher efficiency
or run
-full throttle but lower efficiency.
(Asics are modified to do just that all the time, but the gains and losses in hashrate will be linear!!!)

So you wont see a situation where you can lower core clock and "keep" the same hashrate.
(This is not possible, and if it is possible, an asic can be created).

So an algorithm like eth where a huge die is underutilized and simply memory bandwidth limited can not be the final solution at all.
And here we are ...



PS: And at last, yes even an ASIC can eg. be created for progpow. But that ASIC would then also classify as a GPU or at the very least a compute accelerator.

inno a11 2ghs 8gb will replace this on october, well asic will dominate again on gpu mining, we need other algo to replace ethash

progpow is doable but with less profit and hotter, sadly no pow coin big enough to replace eth mining, hope change in the futures

When I read the news on the Telegram channel, I remembered the date on August 7, 2021. After this date, ASIC will probably mine Ethereum Classic. There are 6 months left before the end of Ethereum aining on this ASIC, and there is no information on official sales yet

Its been confirmed it will mine ETC or eth variants with smaller dags.


Havent seen any pictures of the insides....but would love too

Maybe there is an ram hardware update to 5/6GB.

Or you can use it for an other altcoin ( like e3 for etc) it can be still profitable.  Depends on price of the miner.

Current DAG calcs predicts DAG will exceed 4.4GB on July 20th 2021.. I suspect that will be more like end of June or very early July 2021 in reality.

eth is paying 10.41 cents a mh

so 2600 x 10.41 = 270 or so.

biggest problem with these is speed of delivery
and of course how many do they have to sell.

will they jump the diff too much.


https://etherscan.io/chart/hashrate

network hash is up to 359 th

eth is at 1638
fees are nuts.  at viabtc you get 172% a block after viabtc takes their cut.

so eth is really like 1638 x 1.72 = 2817 if you are mining it.

viabtc's payout works as low as 96.2% per block if fees are tiny and it goes as high as fees are for the daily block average.

I have earned as low as 96.2 % on my eth payouts
and this 172% is the best I ever did.

So buying this gear is a gamble as it profit window ends not later then Oct. It is now feb if you get it march 1
7 months is 210 days

210 x 270 = 56,700

But if you get it  May 1

150 x 270 = 40,500   if eth tanks that 40,500 could be way lower.

It is an interesting bet I won't take the bet.  But good luck to any one that takes it.

Did you calculate the profit from these ASICs? $ 345 per day without electricity bills.
I wouldn't sell such equipment now.
When the price of Ethereum falls, there will be a lot of mining equipment on the market.