Bitcoin mining is a very competitive industry. It has grown exponentially over the last few years. During the last nine months, there’s been a bunch of new entrants joining the mining rig manufacturing business like GMO Group, Halong Mining, and Ebang. Now there’s a new firm that has partnered with Samsung’s semiconductor foundry called, Innosilicon, which has launched the Terminator 2-Turbo that claims to boost the machine’s hashrate speeds up to 24 trillion hashes per second (TH/s).
Also read: Bitmain Launches Key Crypto Mining Facility in Texas
24 Trillion Hashes Per Second — The Hong Kong Firm Innosilicon Launches the Terminator 2 Turbo
Mining rig manufacturing is becoming super competitive lately, and there’s been a slew of new machines launched with much faster semiconductors. For instance, the firm Ebang and its Ebit E10 miner mines the SHA-256 algorithm, and it introduced independently made 10nm chips last year. The machine’s specs claim to produce a low power consumption of 1650W and churns out a maximum hashrate of 18Th/s. However, the machine is unavailable through Ebang as the product is sold out and the E10 can only be purchased through secondary markets. Then there was the firm Halong Mining which produced the Dragonmint T1 a SHA-256 miner that generated 16 trillion hashes per second. Halong also uses a Samsung designed 10nm chip but the Halong miner sold out and has been unavailable for months.
Innosilicon’s T2-Turbo Bitcoin Miner is Powerful, But GMO’s B3 is Still the Champ
Now the Hong Kong-based firm Innosilicon has created a faster SHA-256 ASIC miner that produces 24TH/s by utilizing the Samsung Foundry’s low-power Finfet semiconductor technology. News.Bitcoin.com initially reported on Innosilicon’s new miner when it was discovered that four containers of the
