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KnCMiner Titan Scrypt ASIC Miner Status Update
14 Aug2014
KnCMiner has released an update regarding their upcoming Titan Scrypt ASIC miners, according to the manufacturer they are already finishing the first run in fabrication of the chips this weekend with wafers being sent to the next step: encapsulation. After that the finished chips will be sent to Stockholm, Sweden, where they’ll move into the testing and assembly phase, and then the finished miners will be prepared for delivery. The company has also announced that the Titan chip will use a PCB (board) with the same physical dimensions and footprint as the ones used by the Neptune SHA256 ASIC miners, while requiring substantially lower wattage as well as the same new modular design system for the miner itself.
So it seems that KnCMiner will be able to meet the Q3 delivery schedule for the Titan Scrypt ASIC miners, with the company probably starting to ship the devices sometime in September. That however does not come as so good news for the people that have pre-ordered the miners early expecting to be able to make a quick ROI and get some nice profit. With the current Litecoin network difficulty that continues to increase all the time and the not so good market price for the LTC at the moment even getting a return of the initial investment seems like a hard to achieve goal, let along to make some profit. That is of course if the market conditions continue to be unfavorable for the Scrypt ASIC miners – increasing difficulty and declining price of LTC. The fact that we are still probably a month away from the Titans starting to get into the hands of miners along with the fact that other ASIC manufacturers also expect to have products ready for delivery by that time does not make things seem so bright for the customers expecting their Titans.
- Publihsed in: Crypto News
- Related tags: KnC, KnC ASIC, KnC Litecoin, KnC LTC, KnC Scrypt ASIC, KnC Titan, KnCMiner, KnCMiner Litecoin ASIC, KnCMiner LTC ASIC, KnCMiner Titan, Litecoin ASIC, LTC ASIC, Scrypt ASIC
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4 Responses to KnCMiner Titan Scrypt ASIC Miner Status Update
DrSnAzZy
August 14th, 2014 at 20:00
by the time they get to the customers they are not going to be profitable! :/
Dreddjudge
August 18th, 2014 at 18:37
It’s pretty much unprofitable now.
Xircom
August 25th, 2014 at 10:32
WTF… I posted a comment the other day that MAT (mining.asics-technologies) was ready to launch there 250 and 500 Mhash scrypt miners, and suddenly this comment is gone ??
MAT has beaten KNC by meters by releasing their miners in week 35/36 and somehow this comment has been deleted !!!!
admin
August 25th, 2014 at 13:59
MAT has not beaten anyone, yet! If they really manage to start delivering by September 15th as they promise, they may beat KnC, or Alpha Technology or anybody else that promises Q3 delivery time. KNC also say that they will meet Q3 promise, but until they start delivering miners it is just promises, so don’t confuse things. Alpha Technology also talks about September delivery. The only difference between KnC and other such as MAT or Alpha is that KnC has already delivered actual mining hardware previously and the other companies have not yet…