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.

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