KnCMiner Updates Titan Spec, Promises 250MH/s
KnCMiner has bumped up the specification of its upcoming Titan scrypt miner. The Swedish mining rig manufacturer now claims its Titan model will deliver at least 250MH/s. It's an unexpected announcement, given the fact that the Titan was announced just a week ago and that the original spec promised a 100MH/s device. KnCMiner told CoinDesk that the typical GPU used for scrypt mining today delivers less than 1% of the Titan. For example, an overclocked Radeon R9 290X usually delivers about 1MH/s. The R9 290X is currently the fastest Radeon card on the market, although AMD is expected to....
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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....
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....
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....
KnCMiner has announced its first mining rig dedicated to scrypt mining - the aptly named Titan. At $9,995, it won't come cheap, and the company has not yet revealed its full spec, either. KnC claims the Titan will deliver a minimum of 100MH/s and, in some respects, it resembles a traditional PC, although it is based on the company's Jupiter form factor. The rig measures 60 x 50 x 20cm and weighs just 4kg. A standard ATX power supply is required, which does not ship with the unit. Under the bonnet, the Titan will have blades containing numerous cards, differentiating it from the Jupiter.....
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....