Alpha Technology Takes Pre-Orders for Litecoin ASIC Miners
Alpha Technology, the British company who announced in November it would be one of the first to bring ASIC mining devices for litecoin and similar cryptocurrencies to market in 2014, this week announced it would begin taking pre-orders for 30% deposits. Customers may now register their interest on the website. There will be two devices available, both employing stacked Viper Boards: one 5MH/s device for £1,350 (about $2,225) and a 25MH/s device for £5,450 (about $8,980), plus VAT for UK customers. Alpha Technology said both the hashing rates and delivery times quoted were deliberately....
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In what could probably be considered the first major move of the year in the litecoin mining space, a British company by the name of Alpha Technology is set on bringing ASIC Litecoin Miners to the markets in the second or third quarter of this year. The company has announced that they're beginning pre-orders for the standalone miners, which come at about 5MH/s and 25MH/s, priced at about $2,200 and $8,900 USD respectively (these are conservative estimates). Unlike a majority of the bitcoin miner pre-orders we've seen, Alpha's pre-order system is to only accept 30 percent of the total....
Manchester, UK-based Alpha Technology has announced it will start developing the first purpose-built ASIC mining hardware for litecoin, signing a partnership deal with Indian designer and manufacturer Dexcel Designs. The company announced it would begin taking pre-orders for affordable and efficient litecoin ASICs in December, for shipping in early/mid 2014. Alpha Technology is providing its mining and cryptocurrency expertise while Dexcel Designs will handle hardware development, production, and quality assurance. It would represent a significant increase in computing power backing the....
KnCMiner announced its first scrypt miner yesterday and today it reported that it already has $2m worth of pre-orders. In fact, all the orders for KnC's Titan models were made in just four hours. The Titan is based on the KnC Jupiter form factor, but it is an entirely different beast, as it's based on a scrypt ASIC rather than a bitcoin ASIC. KnC has not said much about the spec, we still don't know the details, but the company says the Titan can deliver 100MH/s. It is priced at $9,995. According to the International Business Times, KnC plans to build 2,500 miners in its initial production....
Litecoin, the world's third largest cryptocurrency ($ 137,703,781 in marketcap) created in October 2011 by Former Google Engineer and current Coinbase Director of Engineering Charles Lee was popular among digital currency miners due to its implementation of a unique ASIC resistant proof of work algorithm called s-crypt (scrypt). ASIC stands for Application Specific Integrated Circuit and is used by miners to verify hashed transactions on litecoin and bitcoin networks. Due to the network's resistance to ASIC products, the number of miners rapidly increased and litecoin thrived for the past....
Andrew Laurus contacted CoinDesk to say that, as of 21st December, he surrendered his shares in Alpha Technology Ltd and is no longer a shareholder, nor has any role or connection to the company. Manchester-based mining outfit Alpha Technology has missed its July delivery target, stating that technical problems and a dispute with PayPal have caused delays. Alpha Technology, which began taking pre-orders for its ASIC miners in January this year, now says it aims to deliver by September. "We may have perhaps overpromised," Alpha Technology's 23-year-old managing director Mohammed Akram wrote....