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It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
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KNC Titan 2.0 Miner is a Convincingly Looking SCAM
16, May 2017
If you end up on a website claiming to be the relaunched KNC Miner trying to sell you a new Scrypt ASIC miner dubbed Titan 2.0, then you should know that this is not a website related in any way to the new owners of KNC Miner after last year the company went bankrupt prior to the last halving of Bitcoin (BTC). The KNC TITAN 2.0 miner promises to deliver 750 MHS Scrypt hashrate at 1300W power usage and a ready for mining kit including a power supply is being advertised with at price of $1499 USD, but it seems that this is not an actual product and just a convincingly looking SCAM trying to steal some of your hard earned coins (accepted payments are only in crypto – BTC, LTC, ETH, STEEM or XRP). So stay away and do not get mislead by the seemingly good offer, it is simply not real!
If you want to get an up to date specification wise Scrypt ASIC miner for mining Litecoin (LTC) or other crypto currencies, then you should go for either Innosilicon A4 Dominator or the more recently announced Bitmain AntMiner L3+. Both of these are confirmed actual products and work just fine for Scrypt mining, though you should still be careful where you buy your mining hardware if it is not directly from the manufacturer! The recent spike in the price of Litecoin (LTC) has sparkled more attention to the altcoin and as a result the number of people trying to profit at the expense of regular users have also increased, so it is advised to be careful what you do with your hard earned crypto coins.
Litecoin (LTC) has been going up in terms of price in the last few weeks for a number of reasons including the upcoming SegWit support, Lightning Network and now the addition of trading pairs for the crypto currency by Coinbase. There was also a report that in the past 24 hours, over 1 million $LTC has been traded on GDAX. This is finally something that is really making LTC interesting again after the last couple of years when nothing much was happening and Litecoin wast moving much. This push is also helping the manufacturers of Scrypt ASICs such as the Innosilicon Dominator A4 and the more recent Bitmain AntMiner L3+. So if you have left out LTC for dead already, then you might want to reconsider that and keep an eye out for the future developments surrounding LTC once more.
– For more on how you can now easily buy, sell, send, and store Litecoin via Coinbase…
BitMain Announcing the New AntRouter R1-LTC
27, Apr 2017
The crypto ASIC miner manufacturer BitMain has just announced a new product, this time not a high-powered new miner, but a low power WiFi router with a built-in Scrypt mining functionality. The new AntRouter R1-LTC is very similar to the already available Bitcoin oriented product AntRouter R1, but instead of an ASIC chip capable of mining BTC it contains one that is designed for mining Litecoin instead. The mining functionality is powered by the company’s BM1485 ASIC chip allowing you to mine any Scrypt-based crypto coin and not only just LTC. Of course the single Scrypt ASIC chip inside the router is not going to make you rich overnight as it mines with a hashrate of just 1.29 MHS, but still it is a nice and interesting idea for a multiple functionalities built inside a single portable device. There is no price announced yet, but the sales of the device should start tomorrow 28th of April and we are going to see the price then, though you should expect that it will be very similar to the one of the R1 BTC model that is being sold for $39 USD. Unlike the BTC WiFi router that is only for solo mining BTC, the LTC version should be able to be used for mining with just about any Scrypt pool according to BitMain, so it will be a bit more flexible and usable solution.
BitMain AntRouter R1-LTC Specifications:
– WiFi standard: 802.11g/n, 2.4G
– WiFi transmission rate: 150Mbps
– ASIC chip type: BM1485
– Hashrate of chip: 1.29MH/s
– Power consumption: 3.78W +2.9% at the wall (220VAC Power efficiency @25C ,85% conversion efficiency of built-in AC to DC power supply)
– Mining power efficiency: 2.93 J/MH +2.9% at the wall (220VAC Power efficiency @25C ,85% conversion efficiency of built-in AC to DC power supply)
– AC voltage input: 100-220V AC
– Input current: 0.2A
– USB charging port voltage: 5V
– Operating temperature: 0 – 40°C
– Storage temperature: -40 – 85°C
– Operating humidity: 5%RH-95%RH,prevent condensation
– Product dimensions: 84.5mm(L) x 56.6mm(W) x 29mm(H)
– Weight: 148 grams