KnCMiner Reveals Titan: Litecoin Mining Hardware Capable Of 100 MH/s
Earlier today, KnCMiner updated their website to reveal a Litecoin Mining Hardware tab, right next to their Bitcoin Mining Hardware tab. Under the new tab, KnCMiner reveals information on their newest ASIC miner: The Titan. The Titan is a 100 MH/s Scrypt ASIC that is designed to be used on the Litecoin network. Of course, there are hundreds of other Scrypt-based altcoins that are clones of Litecoin with slightly modded parameters. The Titan can be used to mine on any of those altcoins as well. The Titan costs $9,995 to preorder and shipment is slated for Q2/Q3 of 2014. KnCMiner has also....
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As a follow-up to a post made yesterday, in which KnCMiner's upcoming Titan Scrypt mining rig pre-orders were announced, the company has shared some news with regard to sales - and they're nothing short of impressive. According to TechCrunch, the company notes that they managed to sell $2 million worth of the rig in pre-orders. In a four hour period. Let that sink in for a moment. Coming in at $9,995, it isn't cheap either. But for users looking to mine alternative cryptocurrencies, it could be a worthwhile investment. "We are overwhelmed by the positive response we have gotten and we will....
KnCMiner Can't Compete in hardware sales, but they might be making it up to their customers now. KnCMiner has been unable to produce quickly and ship mining equipment for some time now. After it's lengthy eight-month wait for Neptune miners, they've decided to do the right thing and stop selling mining equipment to independent miners. KnCMiner will now be selling cloud mining instead. There are reports from KnC customers that Titan order refunds are being processed, according to GAW CEO on HashTalk. That is sure to make lots of KnCMiner Customers happy if true. If KncMiner continues on....
KnCMiner has revealed a few interesting details about its upcoming Titan Scrypt miner, which is expected to ship this summer. The company updated the Titan spec in March, revising performance figures and pledging to deliver upwards of 250MH/s - it originally promised 100MH/s. KnC now says that the Titan ASICs will hit 300MH/s. Each miner will include four ASICs featuring a "record-breaking" 2,284 cores each. Each chip will be capable of running 18,727 threads, so each Titan will end up with 9,136 cores running 73,088 threads, the company claimed. KnC says the chips feature 300MB of onboard....
KnCMiner has announced that production of its Titan line of scrypt miners has moved into a new phase. The cryptocurrency mining hardware maker broke the news on its official blog, indicating that the Titan ASIC chips are now in the wafer encapsulation phase. During this process, a protective layer is applied to electronic components to safeguard the parts from damage caused by temperature and humidity changes. The update comes nearly two months after KnCMiner said that the tape-out for the Titan had begun. At the time, the company noted that it expected to complete production on the....
As the mining industry evolves, there are always new products and services hitting the market for enterprising cryptocurrency entrepreneurs. The competition between hardware manufacturers continues, with CoinTerra shipping its 5,000th unit and KnCMiner offering new incentives. Before ASICs came along, issues of power and cooling were not as much of a priority. Now, even the new Radeon, the most powerful graphics card to date, is not the least bit exciting to those interested in mining. But with data centres full of mining racks and malicious actors dropping cryptocurrency mining libraries....