Obelisk VS DCRASIC - Serious Competition On The Horizon For ASIC

11/20/2017 - 09:10 UTC

It appears there is a second company named DCRASIC, working on a Decred (DCR) ASIC miner to compete with the recently announced Obelisk DCR1.

DCRASIC is offering currently two models at the time of writing, on their website :

  • Materia 1 supposedly capable of providing 400 GHS (Blake-256) with 275 Watts of power and priced at $1099
  • Materia1-TURBO to offer 3 THS (Blake-256) with 2.1 kW of power usage and a hefty price tag of $7500

Materia1 ASICs are still not available for order as their development is supposedly currently ongoing, but the pre-sale should start by the end of this month according to the available information. The delivery of the final product will most likely not be earlier than six months from the start of the sale if the project is successfully funded and sometime in 2018 we might end up with multiple Decred (DCR) ASIC miner options.

The same skepticism that we had on the Obelisk announcement applies here also. While both seem exciting projects and competition in the ASIC market is good for the miners, BOTH are projects in the making still. Both companies haven’t delivered any ASIC miners so far, and their projects are apparently both still in development and the risk that they may not deliver is real. For the time being, both projects are high-risk ones, but we will keep an eye on the developments.

What do you think? Will they deliver a product in time? Let us know in the comments.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice on Bitcoin, Cryptocurrencies or finance in general.