KnCMiner’s “Titan” first scrypt mining hardware is announced for pre-order and will be shipping in Q2/Q3 of 2014
It is promised to do at least a minimum of 100 Mh/s , yes you didn’t misread , a whoopin’ 100 MH/S!
The price for this monster is $ 9,995.00. That’s roughly 100 $ for 1 MH/s.
Consider this: a brand new out of the box R9 290x Tri-X OC does around 1 MH/s (at about 400W) aswell but does cost around 750 $
According to KnCMiner it will run with a standard ATX power supply the customer has to get for themself. Power consumption shouldn’t be a very big issue.
There is no information on how many Titans will be in the first batch of production and shipping, as of yet. The impact on the scrypt mining allover net hashrates should be very noticeable once they first batch is delivered.
Will this mean certain death for all small scale Gpu Miners or even contracted Gpu Rig Mining ?
Let us know what you think , and leave a comment below
The preorder phase for the scrypt mining devices from Alpha Technology started. Customers now have the opportunity to preorder 5 MH/s and 25 MH/s devices and have to pay 30% of the product price in advance. Order Numbers start at 4800 and the priorization queue is allocated according to the date of payment. This ASIC devices are known for a good amount of computing power while having about only 10% of the electricity need compared to graphic cards that are used broadly to mine scrypt coins.