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KnCMiner has revealed some more additional details about the chips that are going to be used in their upcoming Scrypt ASIC miners, the now already expected to provide a hashrate of 300 MHS Titan. It seems that each KnC Titan will will have four Scrypt ASIC chips in order to make sure they’ll output the guaranteed minimum performance of 300 MHS. Each chip will have 2284 cores that will be able to run 18272 threads simultaneously and will have 300MB of onboard memory. And since we are going to have 4 chips in each miner, this means that each Titan will come with 9136 cores running 73088 threads in total and resulting 300 MHS of Scrypt hashrate.
KnC says they were able to squeeze all of that in a 55 mm x 55 mm package while simultaneously extracting over 300 Watts worth of thermal energy, so it will be interesting to see how will they be able to cool these units. This however means that the total power consumption for a 4 chip Titan could go up to 1200W. According to KnCMiner the final tape out of the chips should happen within the next few weeks, or with other words the miners are not going to be ready to ship in Q2 and early Q3 is probably way too optimistic… so maybe something like August or September seems like a reasonable expectations. The price of the 300 MHS KnCMiner Titan Scrypt ASIC miner is still $9995 USD without VAT.
With all that said we are already seeing Scrypt-based ASIC miners using the Innosilicon’s A2 28nm chips to be already on sale and apparently shipping. And while these are more expensive and go only up to about 80-90 MHS, they can be further scaled up with more modules, the problem that remains however is that they come pretty expensive, though you can get them without having to wait them on pre-order. So it will be very interesting to see how will things progress on the Scrypt ASIC market in the next few months. Zeus is also expected to start shipping their first batch of 55 nm Scrypt ASIC miners in just 5 more days, so these should be able to fill in the gap between the smaller Gridseed’s GC3355-based miners and the Innosilicon A2-based big miners.
- In: Crypto News
- Tags: 300 MHS, 300 MHS Litecoin ASIC, 300 MHS LTC ASIC, 300 MHS Scrypt ASIC, Gridseed, Innosilicon, Innosilicon A2, 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, Zeus, Zeusminer
ParallaxCoin (PLX) Scrypt-N based cryptocoin
10, May 2014
ParallaxCoin (PLX) is an Innovative coin. It is a Scrypt Adaptive-N factor coin that can be mined simultaneously with another NScrypt coin such as VertCoin for free (Merged Mining). Merged mining works by hashing the merged chain’s tx’s along with the other chain and submitting that to both chains. You’ll be able to mine PLX, and any other scrypt-n coin, at the same efficiency you would only mine the secondary coin. This new technology makes PLX the most secure NScrypt coin as Parallax has the potential to combine the hashrates of all NScrypt coins, thus resulting in more network hashrate and a higher level of security.
With the advent of Scrypt ASIC miners, Scrypt has become unprofitable for the average person with a GPU mining rig, resulting in most of the network hashrate being centered on big mining operations by private companies, resulting in Scrypt coins being less decentralized (Decentralization is the core of Bitcoin security). Scrypt Adaptive N-Factor is ASIC resistant, improving security.
Website
– http://parallaxcoin.com/
Block Explorer / Crawler
Not Yet Available.
SPECIFICATIONS
- Scrypt-N Algorithm with merged mining support
- Block reward: 150, Optimized for tipping
- Block time: 1.5 minutes. Optimized for speed and blockchain size
- BBlock halving: Every 350400 blocks (~1 year)
- Block retarget: KGW
- Max Coins: 105120000 PLX (~34.80424345 years)
- Confirmations needed for mined blocks: 320
- Premine: 0.8%
Source Code
– at GitHub
PORTS
- RPC Port: 5888
- P2P Port: 5889
PLX ONLY POOLS
– http://plx.0feepool.com/
– http://plx.coins4everyone.com/
– http://plx.pool.mn/
MERGED MINING POOLS
– http://www.hashharder.com/scrypt-n/parallax merged
– http://plx.hashinvest.ws/
– http://simplevert.com/
– http://plx.qemulab.com/
EXCHANGES
– Bittrex
The Chinese company BitMain has started shipping the third batch of their AntMiner S2 SHA-256 ASIC miners with a hasrate of 1 Terahash for mining Bitcoin. The new batch of S2 miners is priced at $3199 USD (7.387 BTC), the company has started shipping the first two batches of their new Terahash Bitcoin ASIC miners at the start of this month, but the problem is that even at the current price putting the numbers inside a calculator does not give out promising results. With the current exchange rate of Bitcoin you are not going to be able to even get a return of the investment in the hardware you have made. You would need an exchange rate of about $650 USD in order to be able to break even by the end of this year and this everything going on lately things are a bit uncertain. Thus investing in Bitcoin ASIC devices may not be the best choice at this particular moment, especially if you are going to be paying with BTC for them. And with the current market situation investing in Scrypt ASIC miners does seem riskier as well, so people are already very careful in what they put their money into.