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The last two days we are seeing another serious drop of the price for both BTC and LTC and there is a lot of speculation going on for the reason why and what is causing this and looking at the prices of other crypto currencies you can see the same trend as well, most are going down in price. The big question however is if this is just a temporary dump caused by big whales that just want to drive the prices low so that they can buy cheaper coins and then cause the price to spike back to their previous levels. Miners are also having a hard time in deciding if they should keep mining with prices like that, especially if they are selling the mined coins immediately trying to get a faster ROI on their ASIC or GPU purchases. Investments in new mining hardware or cloud mining hashrate with the current prices are also considered very risky, so people are holding on. People that have pre-ordered mining hardware and are still waiting for it to arrive such as ASIC miners from KnCMiner or Alpha Technology and others are not happy at all. So the best thing you can do now is probably not to panic and just wait for things to calm down and see what happens, or is it…
- Published in: General Info
- Related tags: Bitcoin price, crypto currency market, crypto currency prices, current crypto situation, Litecoin price
Earlier this month KnCMiner has announced that they are ready to start shipping the Titan Scrypt ASICs and they are apparently already doing so, though a bit late than they initially announced. Users on the Bitcointalk forum are reporting that they are seeing status updates on their pre-orders for the first batch of KNC Titan Scrypt ASIC miners that are apparently being shipped and they are getting tracking numbers. The pre-order price of the 300 MHS KnCMiner Titan Scrypt ASIC miner was $9995 USD without VAT and since their initial announcement they have been upgraded to 300 MHS hashrate (for the first batch) and to 400 MHS for the second batch. With the current price and the expected difficulty increase for Litecoin and other Scrypt-based crypto currencies the ROI time for these machines does not promise to be short. Not to mention that users that have received their units already are not too happy with the results – hardware issues and lower than advertised performance seem to be common, higher power draw than advertised is also reported and each cube still has a single PCI-E power connector for 250W+. Could KnC be following in the footsteps of BFL, decent start and then starting to disappoint customers more and more until the company gets shut down by the government?
– Check the user reports about their pre-orders of KNC Titan apparently being shipped…
- Published in: General Info
- Related tags: KnC, KnC ASIC, KnC Litecoin, KnC LTC, KnC Scrypt ASIC, KnC Titan, KnCMiner, KnCMiner Litecoin ASIC, KnCMiner LTC ASIC, KnCMiner Titan, KnCMiner Titan Scrypt ASIC, Litecoin ASIC, LTC ASIC, Scrypt ASIC, Titan, Titan Scrypt ASIC
The user who has previously released an RPi OC version for Innosilicon A2 miners that did not work properly due to the fact that the official cgminer provided only accepted a few fixed operating frequencies has updated the image to version 2.0 and now it works. The new version adds support for 1000 MHz and then from 1080 MHz to 1400 MHz in 20 MHz steps and now the cgminer accepts these values due to a modification done to the A2 driver. So if you are an owner of an A2-based miner using 28nm Innosilicon Scrypt ASIC chips you might want to try the image out, we have already checked it and can confirm it works well.
– To download the new overclock Raspberry Pi image for A2 Innosilicon miners by Emdje…
- Published in: General Info
- Related tags: A2, A2 ASIC, A2 ASIC overclock, A2 OC image, Emdje, Innosilicon A2, Innosilicon A2 ASIC, Innosilicon A2 miner, Innosilicon A2 overclock, Innosilicon A2 RPi image, Innosilicon A2 Scrypt ASIC, Innosilicon overclock, Scrypt ASIC Miner, Scrypt ASIC miner overclock