It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
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) is one of the oldest altcoins and it is still alive, although soon after the first wave of Scrypt ASIC miners appeared the interest and numbers of users mining the crypto has started diminising. You can say that LTC was in a bit of a slumber pretty much everywhere besides China at least until a few months ago when Innosilicon has finally released their A4 Dominator Scrypt ASIC miners. So the last few months things have started to move a bit once more and the development of Litecoin has also been a bit more active with SegWit support getting ready to be implemented as well.
The early Innosilicon A4 Dominator Scrypt ASIC miners apparently had some issues according to users that got the devices and they are still being offered, though with the upcoming Chinese new year there could be some delays if you purchase now. The A4 Dominator is supposedly offering 280 MHS hashrate with 1000W power usage and is available for a price of $1800 USD. You will need to get a power supply for the device separately as it is not included in the purchase price of the miner.
Interestingly enough with the increase of the interest in Litecoin (LTC) you can now again purchase Scrypt cloud mining hashrate for mining Litecoin from Genesis Mining. The cloud mining company has been offering Scrypt cloud mining contracts before, but stopped doing so quite some time ago and it now brings back the contracts again. One can easily assume that their new offers are most likely based on A4 Dominators and the pricing is pretty good as an alternative to purchasing the hardware yourself.
You can get 2 MHS Scrypt cloud mining hashrate for $28 USD, 50 MHS for $650 USD of 200 MHS for $2400 USD as a preset packages or any custom hashrate in between. The Scrypt cloud mining contracts are with a duration of 2 years and there is no maintenance fee, everything is included in the price you pay for the hashrate. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase a Scrypt cloud mining contract.
– For more information about the Scrypt cloud mining offers available from Genesis Mining…
We have been keeping track on the development of the new Innosilicon A4 Dominator Scrypt ASIC miners since the initial announcement back in November last year and it is time for another update. It seems that Innosilicon is starting to take pre-orders for the final ASIC miners with shipping expected to start in September and there is already a thread on Bitcointalk about a group pre-order that you might want to check out if interested. In the past we have tested the previous generation of Innosilicon A2 Scrypt ASIC miners in the form of the 86 MHS A2BOX Innosilicon A2 Scrypt ASIC Miner that was consuming about 1000 Watts of power, so we can see what the development is and how good actually the new generation is going to be. A solid first generation Scrypt ASIC miner that was built well and performed really good when it was released with the only drawback being the very high initial price of the device, so we were anticipating another good solid product with much better specs when the first A4 details surfaced.
The initial announcement from last year claimed that the A4 Dominator is so efficient that it should be able to deliver about 850 MHS for Scrypt mining with 1020W of power usage. This was really impressive number and really caught our attention, especially considering that the first generation A2 Terminator miners were able to achieve just about 1/10 of that hashrate with the same power usage. A little bit later, in March this year, there was an update on the power usage and efficiency of the new A4 ASIC chips that has significantly lowered the initial numbers – down to 400 MHS from 850 MHS per kilowatt of power. Although the expected performance was lowered more than half it was still a pretty impressive number, but unfortunately this was not the final change and now we have a new number available. Apparently the final product will only be capable of about 260 MHs per 1 KW of power and be available for about $1800 USD without shipping and with power supply not included in the price. While the final performance per KW of power usage is not that bad either, we are not as excited as we were with the initial announcement or the March update. At 260 MHS per 1000 Watts things aren’t that bad, but with these specs we are not going to be pre-ordering one of these miners for sure. Maybe we are going to try to get one unit to test when they come out if it is not a pain in the ass to secure a single unit order.
– If you are interested in the A4 Dominator ASICs group pre-order thread on Bitcointalk…