Innosilicon postpones Grin mining ASICs again
Mining

Innosilicon postpones Grin mining ASICs again

By Emanuele Pagliari - 1 Oct 2019

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More bad news for the buyers of the Grin mining ASICs produced by Innosilicon.

The company, in fact, announced today that it has again postponed the shipment of the first batch of products, which had already been postponed from October 2019 to December 2019, becoming now January 2020.

Among the reasons given by the company, in addition to the design difficulties that, as indicated in the previous press release, required 2/3 months longer than expected, there was also the high demand for semiconductors from TSMC foundries.

Recently, in fact, as reported by Digitimes, the Taiwanese semiconductor giant has informed its customers to book future manufacturing processes for the production of 7, 10, 12 and 16 nanometres chips by 2020, because due to the high demand the company is not able to guarantee the use of its production lines to all customers.

https://twitter.com/Inno_Miner/status/1178698707371352064

In addition to the technical design problems Innosilicon encountered during the design phases of Grin mining ASICs, there was also the problem of TSMC foundries overloaded with orders, which could cause further delays in the delivery of the first batches of products.

Innosilicon ASICs for Grin mining: further delays

As announced in August, the company offered its customers who have already pre-ordered Grin mining ASICs the opportunity to be reimbursed.

To apologise for this new postponement of shipments, Innosilicon has decided to offer to all those who decide not to cancel the order a voucher of $75 for each ASIC ordered to be spent on their online shop.

Those who decide to get a reimbursement, in addition to the full refund of the value paid last March during the pre-order, will also receive a voucher of $50 for each miner ordered, whereas the full refund will be made within two weeks.

Innosilicon announced last March three ASICs for Grin mining: the Grin Miner G32 Mini, the Grin Miner G32 500 and the Grin Miner G32 1800.

The Innosilicon Grin Miner G32 Mini is able to obtain a hashrate of 21.5GPS on Cuckatoo 31+ and 4.5GPS on the 32+ variant with only 140 Watts of absorption. The Grin Miner G32 500 will be able to reach a maximum hashrate close to 100 GPS on Cuckatoo 31+ and 20 GPS on the 32+ variant, absorbing 520 Watts.

Finally, the third model, the Grin Miner G32 1800 will boast a maximum hashing power close to 328 GPS on Cuckatoo 31+ and 68 GPS on the 32+ variant for a consumption of 1800 Watts per hour.

Meanwhile, other companies could anticipate the debut of Grin mining ASICs, including Microcomputers. This Chinese startup has in fact jointly announced with the now well known Canaan two interesting Grin mining ASICs, characterised by rather interesting performance per watt, decidedly superior to those offered by the competitor Innosilicon.

The company has not revealed the prices but has confirmed that these products will be made available on the market during the month of October. All that remains is to wait for the official announcement on the launch of these new devices, which could literally make the first buyers of Innosilicon’s products run away, given the very long timeframe.

Emanuele Pagliari
Emanuele Pagliari

Telecommunications engineer with a strong passion for technology. His adventure in the world of blogging started on GizChina.it in 2014 and then continued on LFFL.org and GizBlog.it. Emanuele is in the world of cryptocurrency as a miner since 2013 and today he follows the technical aspects related to blockchain, cryptography and dApp, also for applications in the Internet of Things.

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