KnCMiner Sells $2 Million Worth of Titan Scrypt Mining Rig in Four Hours
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....
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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....
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....
Certainly, there's been quite a bit of excitement surrounding KnCMiner's Titan Scrypt miner. Pre-orders began not terribly long ago, and the company sold $2 million worth of the device in four hours. Customers who've made their purchase are expected to get a whole lot more power than they bought, too. The company today announced that they've upgraded the performance of the device to a minimum of 250 MH/s (running off an 800-1000 watt power supply unit). That's up from the previously-noted figure of 100 MH/s. Perhaps best of all is that the price tag remains unchanged. It can be had for a....
Seven hours ago, KnCMiner took to social media to tweet one simple sentence. So we have updated our performance of our titan product a little. It will now be 250MH/s. The full update can be found at this link. 250 MH/s is a 250% improvement over the previously promised 100 MH/s. The price tag on the KnCMiner Titan remains unchanged despite this “little performance update.” At 250,000 KH/s for the price of $9,995, the $/KH/s (~$0.04/KH/s) is currently unmatched by any other Scrypt ASIC company. The updated Titan product page on KnCMiner’s website is shown below. Also, KnCMiner is....
The folks over at KnCMiner have announced their first scrypt mining rig coming in at a hefty $9,995. At just under 10 lbs., the rig is similar in appearance to the Jupiter mining rig that has become incredibly popular, measuring 60 x 50 x 20 centimeters. Performance-wise: we're looking at minimum of 100MH/s - though the company hasn't released full specifications as of yet. The Titan rig is expected to start shipping some time in the third quarter - but pre-orders are starting now. Interestingly, customers who have pre-orded Neptune miners can switch over and instead reserve a Titan at....