|Product Name||Innosilicon T2T|
|Machine type||Second hand|
Is the innosilicon T2 turbo bitcoin miner worth the money?
This is the last week we can book the first batch of Terminator 2 turbo ASICs. T2 is the latest bitcoin ASIC manufactured by innosilicon. It is based on 10nm chip technology, which is a step forward compared with 16nm in bit continent.
The implementation of the new technology is reflected in the computing power and power efficiency of the mining machine. Innosilicon T2 outputs 24 th / s and the power consumption is 1980w. Priced at $1350 (including PSUs), the innosilicon T2 turbo looks like a delicious alternative to almost any other modern ASIC.
The first batch was delivered on the 15th of this month. Obviously, innosilicon still has inventory, but I doubt it will remain in this state for a long time. Those who want to try out the new miner may consider ordering the T2 turbo as soon as possible. Innosilicon announced that the batch will be delivered from August 15 to 25.
Is innosilicon T2 turbo worth it?
After spending a few minutes on cryptocompare, I found that T2 turbo is an 8-month return on investment for those who have free electricity, and a 3-year return on investment for ordinary Joe who pays an average electricity charge of $0.1/kwh.
This is not very impressive, although it is not uncommon for ASIC to take up to 18 months to get a return. Bitcoin prices have stabilized at about 50% above the level before the October 17 boom, which makes me think it may remain in this state for some time.
I can speculate that this time, the main factor affecting the profitability of ASIC is the network hash rate / difficulty. Like most of you, if I see the difficulty bomb to be dropped, I'd rather not buy ASIC.
Is 7Nm ASICs the coming difficulty bomb?
If you have been following the latest news, you may know that Jianan Yunzhi announced their first ASIC based on 7Nm chip technology. In addition to being more compact and allowing more transistors to be installed in one chip, the new technology provides a range of other benefits that can be translated into better power efficiency and higher performance.
GMO Internet Group, a Japanese IT company and ASIC manufacturer, was the first company to launch the first 7Nm ASIC. Although it is quite weak compared with the existing 16nm ASIC, the next 7Nm ASIC announced by Canaan has unparalleled power efficiency and hash rate.
In my Canaan Avalon A9 review, I talked about how we might expect bitland and other manufacturers to release their own 7Nm ASICs soon. It is possible that after the release, these upcoming models will make the existing 16nm and 10nm devices almost obsolete.
It is reasonable to believe that bitland and other large companies are doing their best to bring their 7Nm ASIC models to the market. Their business is almost a competition - the manufacturer with the best opportunity wins. Therefore, I wouldn't be surprised to hear the announcement of a new generation of ASIC one day.
Now, how difficult will these new ASICs be? I don't think we will upgrade from terahashes to petahases in a few months. Considering how big the network hash rate is, I guess it will take quite a long time to double.
Does this mean that the innosilicon turbo T2 is worth buying? For ordinary family miners or small farmers, investing in ASIC has always been risky. This is one of the reasons why so many people insist on mining with GPU anyway. Having said that, since we see a new technology entering the consumer market, investing in Turbo T2 may be a little risky. This is not just a new wave of slightly better optimized equipment; Instead, we may (or may not) soon witness a leap in hash rate and power efficiency.
As usual, I suggest you do your own research and risk only the losses you can afford. Although I didn't order innosilicon T2 for my farm, I'm not saying it must be a bad choice for you. Of course, this is a bit risky, although on the other hand, the specifications look promising.
Having said that, I don't expect the innosilicon T2 turbo to pay off in less than two years, even if you have free power. Like most modern bitcoin ASICs, T2 turbo is definitely not a fast return on investment.
|Contact Person :||Chen|