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About

How we rank & score

Tenstorrent · Blackhole · Layer 2

Tenstorrent Blackhole

The only credible open-stack option. You can buy a card, and the entire software stack is open source, which no other vendor here offers.

buy You can purchase this outright.

Specifications

Memory
GDDR6 rather than HBM
Bandwidth
Below HBM parts by design
Compute
RISC-V based Tensix cores
Power
Lower than HBM accelerators
Interconnect
Ethernet-native
Software
TT-Metalium, TT-Buda — fully open
Form factor
accelerator
Workload
both

Verified 2026-09-06. Fields reading “not published” are exactly that — we do not estimate a figure a vendor withholds.

The catch

GDDR6 instead of HBM caps bandwidth well below the frontier parts. This is a developer and sovereignty choice, not a frontier-training choice.

The economics

The sovereignty play at this layer. If open stack and purchasability matter more than peak throughput, nothing else on this list qualifies.

Cost per million tokens is the metric that decides most real purchases, and there is no neutral benchmark for it — every published figure comes from a company selling one side of the comparison. Read all of them, ours included, as claims rather than measurements.

The power question underneath this

A rack of frontier accelerators draws 120–200 kW against a 2026 average of about 27 kW, and the US grid interconnection queue exceeds 2,600 GW with waits approaching five years. Whether you can energise this part is now a harder question than whether you can buy it.

Layer 1 — Energy · The interconnection queue · Rack power density · Tokens per watt

Compared against

Related silicon

Macrostack does not sell silicon and takes no commission at this layer — there is no affiliate programme for compute, which is exactly why nobody publishes a neutral comparison of it.

The Macrostack brief

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