It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
KnCMiner has just announced that they are already in the testing/tweaking/assembly stage of their 20 nanometer Neptune ASIC processors in Sweden and shipping should commence some time later this week. The Neptune processors are quite an interesting technological achievement as they are actually the first commercially available 20 nanometer processor shipped to end users… and we are not talking about ASIC miners only. Intel for example is currently shipping 22nm CPUs, though they are already preparing for a 14nm launch maybe sometime later this year, and AMD’s latest processors take advantage of 28nm fabrication process. So it is interesting to see a Bitcoin ASIC manufacturer pushing advanced technology ahead of other much larger and more established companies are able to do so.
The Neptune is a 1440-core 55×55 mm package tailor-made for the Bitcoin mining (SHA-256 ASIC). Each Neptune miner will consist of 5 ASIC chips and comes in new sturdier enclosure and packaging and should be capable of 3 THS or even more while consuming about 2.1 KW of power at the wall. That results out to just about 0.7 watts of power used per GHS, so really god power efficiency and KnC does promise to possibly further increase the performance of the device with software updates. The first two batches of the Neptune Bitcoin miners are already sold-out and KnCMiner is taking pre-orders for Batch three at the moment. They expect to start shipping Batch 1 to customers this week and to Batch 2 pre-orders before the end of the month.
If you were wondering what caused the latest drop in price of Bitcoin, well it was the US Marshall Service that made an announcement for their intention to be auctioning 29,656.51306529 Bitcoins at the end of the month. These are the BTCs that were seized from Silk Road, though the auction will not include the substantially larger amount of Bitcoins belonging to Ross William Ulbricht, the operator of Silk Road. This news has caused the quick drop in price, but it seems that already things are starting to calm down and the price is slowly starting to get back up.
– For more about the Bitcoin auction organized by the US Marshall Service…
The guys at GAW Miners have recently launched a new dedicated forum for crypto currencies. The idea is to have a community where miners, coin developers and ASIC manufacturers and sellers can meet and help each other. It is true that there are already other large and popular communities such as Bitcointalk or Litecointalk, but these are becoming quite crowded and hard to follow, thus becoming less focused and useful to people. We can all benefit from new and fresh communities dedicated to crypto currencies and it seems that lately we are seeing some nice new additions, including this one as well. So we advice you to check out the new Hashtrader crypto currencies forum, you might just find something new and useful.
– For more information and to check out the new Hashtrader crypto community…