Crypto Mining Blog
It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Search
Search Results
The Scrypt ASIC race continues as KnCMiner has just updated their Scrypt ASIC miners’ hashrate again, not long after their supposed main competitor Alpha Technology has also increased the hashrate of their Viper units. Now the KnCMiner Titan is supposed to come out with 400 MHS hashrate and the mini version should offer 200 MHS hashrate. KnC has also just announced they have finished with the tape out of their Scrypt ASIC chips, meaning that the design of the chips has been finalized and they can be sent for manufacturing. KnCMiner says they should be able to deliver in Q3 and since the tape out has been finalized at the start of this month a end of July for shipping still seems to be very optimistic and the more realistic time is August. KnCMiner has also announced that they have started accepting orders for a second batch of Scrypt ASIC miners that will be shipped abut a month later than the first batch, so an August/September probably. The Batch 2 miners are priced at $3795 USD for the Mini Titan and $6995 USD for the Titan without VAT.
It seems that our order for a ZeusMiner Blizzard has been finally shipped yesterday (Order #2054 ), so it seems that the company will most likely be able to do what they have promised. That however does not make the Blizzard an interesting buy other than for testing, and that is precisely why we did order the unit, so that we can review it and try the Zeus Scrypt ASIC chips. Meanwhile Zeus has announced they are going to e releasing a ZeusController image for Raspberry Pi with a web-based interface for their miners and apparently they are also working on offering miner hosting options for customers that request it. With the reports we are seeing on higher actual power consumption than what was previously announced as official specs, a hosted option may not be a bad option if the price is right.
Zeus also announced new prices for Batch 2 orders that are supposed to start shipping on June 15th, the new Hurricane and Thunder miners will also come with new and improved cases. But there is no word on optimized firmwares yet to help users get the best performance/power usage ratio. Also BATCH 1 customers will get an additional 10% off for one order from the second batch, and if you are already an existing BATCH 1 customer, you automatically qualify for the more free stuff If you place an order for the same amount of higher for BATCH 2. It is up to you do decide if it is worth ordering, for us, well we are waiting for our first miner to see how things are actually working.
– To read the latest update from ZeusMiner regarding the current status of shipping units…
Bitcoin Price has Risen Back Above $600 USD
30, May 2014
It seems that the latest positive news such as DISH planning to add Bitcoin payments and the lack of trouble in China lately has allowed the Bitcoin price to start going high again and it has just broke the $600 USD price per Bitcoin. This hasn’t happened since March and the price of Bitcoin is getting close to double the recent bottom that it hit in April when it was down to a about $340 USD. Hopefully this time the Bitcoin exchange rate will remain high and more stable and not be caused to drop down due to some new commotion happening somewhere in the world.
What we are not seeing however is the growth of the exchange rate of Litecoin and with all of the Scrypt ASIC miners getting introduced and shipped to the market at the current exchange rate things do not look so bright for people that have purchased ASICs. In an effort to get the rest of the payment from people that have pre-ordered Scrypt ASICs from Alpha Technology they had to rise the advertised hashrate multiple times to get back the interest from the people. Otherwise a lot of people were considering to cancel their pre-orders, and even now with the new hashrates announced people that have pre-ordered Vipers are still carefully considering. It is easier with Scrypt ASIC miners that are already available as you know you are going to have them in a few days, so the calculations are easier to make.
With the recent spike in interest and price of DarkCoin and generally X11 crypto currencies, already most of the GPU miners have moved to mining X11 crypto coins. In fact lately many of the new coin launches are based on the X11 algorithm and people are already developing more interest in still the not so many X13 crypto algorithm coins as well. So GPU mining is not going to disappear anytime soon as miners just find other alternatives when ASIC miners start hitting the market and start making GPU mining unprofitable.
- In: Crypto News
- Tags: Bitcoin (BTC), Bitcoin price, BTC, BTC price