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What is Innosilicon a11 pro eth miner

What is Innosilicon a11 pro eth miner?

  • 21 May 2021
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The Innosilicon company, the producer of Innosilicon a11 pro eth miner, is a global producer of ASIC devices. The devices are high-speed mixed-signal IPs and they have major market shares in the Asian-Pacific for 10 successive years.

The Innosilicon company’s IPs have enabled billions of SoC’s (Security operations center) to enter majority production and also covering nodes from 180nm to 5nm across the world’s foundries including GlobalFoundries, TSMC, Samsung, SMIC, UMC, and some others.

This company has 15 years of technical expertise in developing cutting-edge IPs and ASIC products, and through this experiment, Innosilicon has assisted valuable partners including AMD, Microchip, and Microsoft to name but a few, in realizing their product goals.

What is Innosilicon a11 pro eth miner?

Innosilicon A11 Pro is an Ethereum Miner with a maximum hashrate and power consumption. This ethereum mining machine has been designed for high-performance efficient and stable mining.

The Innosilicon A11 Pro Eth Miner is a powerful Ethash profitability miner with a few times better hashrate & efficiency than any miner in the market. Also, Innosilicon A11 Pro Eth Miner has a very low operating cost, high ROI (Return on investment), and persistence. It will continue to bring you the optimal mining experience with unique computing power.

Innosilicon A11 Pro has a small form factor, low noise, designed to help network decentralization with renewed energy. Each miner is designed in algorithm Ethash and makes sure to deliver more hashrate and efficiency than any other miner ever made.

What is Innosilicon a11 pro eth miner?

Innosilicon a11 pro

The future of Ethereum

According to the primary design of the network, Ethereum has had a long-term purpose of transitioning to Ethereum 2.0 with Proof of Stake consensus.

During the first stages of the PoS Eth2, PoW miners will still receive rewards from mining, but they will gradually reduce after the improvement proposal EIP-1559 decreases transaction fee income.

common miners will be able to continue mining Ethereum on the PoW chain until Phase 2 of Ethereum 2.0. This is not expected to take place for almost 1 to 2 years. The launch of Eth2 is planned in 4 phases, but as with many software projects, there is doubt around the timing of each Phase.

Current Ethereum miners can still look into the staking field. Starting with Phase 0, users will be able to stake their ether and earn rewards by running their own validators or by delegating this task to professional validators like stakefish, which offers non-custodial, hands-off staking services for 0.1 ETH per validator.

The future of Ethereum

Ethereum

Ethereum mining

The most basic way to describe Ether mining is that people lend out their hardware’s time and computing power to process transactions on the Ethereum network.

The underlying technology to cryptocurrencies is blockchain; blockchain stores transaction data in blocks that are chained together in a timeline. As transactions come in they are added to a block and once the block is full miners can compete to start the process of minting (adding) it to the blockchain.

Since Bitcoin and Ethereum use something called a proof-of-work consensus protocol, miners must prove that a determined amount of work was done to prove to a majority of the network’s members that all of the transactions they want to add are valid. The work they do to prove the transactions are valid is guessing the solution to a very difficult mathematical puzzle, which is why we need modern graphics cards that excel at crunching math problems.

When a block is ready to be added to the blockchain, the first miner to guess the proper solution gets to add the block to the chain. This means that mining blocks are essentially a race between all of the miners on the network. This is why you hear about people with many graphics cards in their garages; the more graphics cards you have access to, the more likely you are to guess the cryptographic hash code before someone else. Don’t worry though, if you only have one GPU you can still make money mining Ethereum with a pool, which we’ll cover next.

Ethereum mining

Ethereum mining

Innosilicon A11 pro eth miner specifications

Despite the growing Ethereum mining popularity, it’s not easy to find up-to-date equipment. It’s almost impossible to order the new-generation Nvidia RTX 3000 series graphics cards, while the models in stock are sold at a much higher price. Other brands are also releasing new products due to the growing mining popularity.

One of these new pieces of equipment is Innosilicon A11 pro eth miner. This Ethereum mining device is the successor of the A10 ETHMaster series announced in July 2018.

Here are some Innosilicon A11 pro eth miner key features.

Hash rate – 2100 MH/s ± 10%

Consumption – 2300 W

Memory – 8GB

Supply – April–June 2021

The new ASIC costs around 100 thousand yuan or 15.46 thousand dollars. In 2018 the A10 ETHMaster devices with 365 MH/s and 485 MH/s cost $3,800 and $5,000 respectively, so today’s price has hardly surprised anyone.

Besides, the hash rate of the new ASIC is equivalent to 67 Nvidia GeForce 1070Ti graphics cards.

Innosilicon A11 pro eth miner specifications

Nvidia RTX 3000

Innosilicon A11 pro eth miner Profitability and Payback

The hash rate of the new ASIC is high enough to estimate Ethereum mining profit using 2CryptoCalc. For example, you can enter 2100 MH/s for Ethash and get an estimated daily profit of $161. The profit is unadjusted for electricity cost due to the difference in rates for users.

However, without considering electricity consumption, the payback period of Innosilicon A11 pro eth miner is as short as 3 months.

Innosilicon A11 pro eth miner Life Expectancy

The new ASIC features 8GB of memory. Innosilicon A11 pro eth miner is enough to mine Ethereum till the #895 age coming in May 2027.

Moreover, Ethereum is planning to upgrade to version 2.0 switching from Proof-of-Work to Proof-of-Stake. So ETH mining on GPUs will become incompetent.

Innosilicon A11 pro eth miner Mining Setup

Despite all the upcoming changes, there is still plenty of time to mine Ethereum on Innosilicon A11 pro eth miner. If you bought the new ASIC, you can start the best crypto mining in the 2Miners pool using the following settings.

URL: stratum+tcp://eth.2miners.com:2020

Worker: YOUR_ADDRESS.ASIC_ID

Password: x

YOUR_ADDRESS is a cryptocurrency address where you get mining rewards. Also, you should indicate your wallet address here starting with 0x.

Innosilicon created a powerful and expensive ASIC. Despite the finite supply, the device will not only payback, but also bring you a profit thanks to the high hash rate at the current cryptocurrency exchange rates. It will still be true even if Ethereum manipulates to replacement to PoS this year.

 Innosilicon a11 pro eth miner vs Innosilicon a10 pro+ eth miner

To compare Innosilicon A10 Pro and the Innosilicon A11 pro eth miner mining hardware for hashrate, coins, profitability, consumption, and other specifications you can check the table below:

Innosilicon a10 pro+ eth miner

VS

Innosilicon a11 pro eth miner

Ethash

Algorithms

Ethash

Ethereum, QuarkChain, Callisto, Ellaism, Expanse, Dubaicoin, Etho, EtherGem, EtherSocial, Metaverse

Minable Coins

Ethereum, QuarkChain, Callisto, Ellaism, Expanse, Dubaicoin, Etho, EtherGem, EtherSocial, Metaverse

Ethash

The Best Algorithm

Ethash

720 MH/s

Hash Rate

2 GH/s

1.3 KW

Power Consumption

2.5 KW

$130.10/d

Revenue

$361.38/d

$3.12/d

Electricity Cost

$6.00/d

$126.98/d

Profitability

$355.38/d

Ethereum mining profitability 2021

Mining Ethereum made increasingly more money over the period of 2020 and early 2021, with profits effectively doubling within a single month. During the mining of cryptocurrencies, a device is trying to solve complicated dialectics puzzles to verify transactions in the blockchain.

When this process is perfected, the miner receives cryptocurrency as a block award. The underlying current is that machines with more calculation power – or hashrate – are likely to solve more puzzles, and therefore mine more cryptocurrencies. Whether a miner can make money with this depends on various costs such as electricity consumption during this process, transaction fees, or whether the hardware used is effective or not.

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