Update from Innosilicon Regarding Grin ASICs

No one is mining bitcoin with GPUs

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hehehe, i thought so, but now the miners are also disappointing.

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Does it mine because it is impossible, or because it is not profitable?

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It is definitely possible, just not profitable anymore. This table shows you get maybe 3Mh/J, while even the least efficient ASIC (see here) produces >100Mh/J and apparently the fastest ones out there are >100x more efficient than that.

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hahaha. in the same process,making GPU Price skyrocket

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There is the other post on the recent conference in Chendgu and the photos of Gric miners from MicroComputer. Here is a write up of the gathering.

And congratulations to Inno for winning the award for their Grin products. The last twitter post from Inno had set expectations for delivery dates to be announced by Sept 30th. I do not understand how one can be recognized for something that has not shipped yet. I guess social media posting counts as real evidence of real product.

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Latest update - https://twitter.com/Inno_Miner/status/1178698707371352064

Delayed to 2020.

I except them to cancel the whole thing.

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Go to grin.report, and look at the current graph rate for c31, weird how it just dropped off after the inno fire conspiracy.
Yes, both graph rates dropped.