We are pleased to announce the full Obelisk GRN1 sale. Units can be
purchased from https://obelisk.tech
This announcement is for miners that are expected to ship in October
2019. We will be offering 3 varieties of miner with the following
+ $2,000 + 70 graphs per second + 400 watts + Dimensions TBD + 25% off coupon for any GRN2 order (save up to $500 total) + $100 per miner to be donated to Grin development
+ $10,000 + 420 graphs per second + 2200 watts + 135mm wide, 170mm tall, 400mm deep + 25% off coupon for any GRN2 order (save up to $2,500 total) + $500 per miner to be donated to Grin development
+ $20,000 + 840 graphs per second + 4400 watts + 1U model similar to SC1-Immersion + 25% off coupon for any GRN2 order (save up to $5,000) + $1,000 per miner to be donated to Grin development
Obelisk will be manufacturing a maximum of 2500 GRN1 units,
available in first-come, first-serve fashion. GRN1-Mini units count as 1/6th,
and GRN1-Immersion units count as 2.
Only 2,000 GRN1 units are available in this sale. The remaining 500 will be sold
by Obelisk at market-price when production is completed in October.
People who bought a GRN1 voucher have 3 options:
+ Receive a $2,000 refund + Receive a single GRN1 unit + Receive 5 GRN-Mini units
The default is to receive a GRN1 unit, which will run at 2200 watts. The option
to receive multiple GRN1-Mini units is available for those who cannot
accommodate a 2200 watt machine.
The pricetag on the GRN1 may come as a surprise. The memory intensive nature of
Cuckatoo31 means that we need substantially more of the most expensive resource
when building a miner - silicon. The GRN1 is estimated to have about 5x the
silicon of an S9, and this correspondingly pushes up the manufacturing costs.
This is a key distinguisher for Grin from other ASIC mined cryptocurrencies.
Because total cost of ownership is much more weighted towards buying the
hardware and weighted away from electricity costs, it is easier for people with
higher electricity costs to compete.
As always, Obelisk is committed to customer success. We do not mine ourselves,
which means we are not in competition with our customers, and we always make
sure to produce responsible quantities of units, with full disclosures about the
manufacturing volumes. Too many times manufacturers have hurt customers by
directly competing with them, and by over-producing such that the difficulty is
pushed beyond a point where anyone is able to see reasonable revenue.