KnCMiner Upgrades Titan Scrypt ASIC From 100 MH/s To 250 MH/s Free Of Charge

March 27, 2014 19:32 UTC

Seven hours ago, KnCMiner took to social media to tweet one simple sentence.

So we have updated our performance of our titan product a little. It will now be 250MH/s

The full update can be found at this link.  250 MH/s is a 250% improvement over the previously promised 100 MH/s.  The price tag on the KnCMiner Titan remains unchanged despite this “little performance update.”  At 250,000 KH/s for the price of $9,995, the $/KH/s (~$0.04/KH/s) is currently unmatched by any other Scrypt ASIC company.  The updated Titan product page on KnCMiner’s website is shown below.  Also, KnCMiner is promising its device will run on 800W to 1000W.

The Scrypt ASIC Race Towards The Bottom

Though Scrypt ASICs have been spotted in the wild as early as January 2014, the bulk of the coming Scrypt ASIC hashing power is still sitting in varying stages of development across several competing companies.  These companies are undoubtedly competing with each other and the blows keep on coming.

Last week, KnCMiner announced their then 100 MH/s Titan Scrypt ASIC meant for Litecoin Mining.  The original $/KH/s was around $0.10/KH/s, which was considerably better than the then offerings of Mining ASICs Technologies B.V (MAT)., Fibonacci, Flower Techology, and Alpha Technologies.

In the days following KnCMiner’s reveal of their Titan Scrypt ASIC, Alpha Technology was first to increase the hashrate of its units also free of charge. Alpha Technology increased the hashrate on their “Viper” using board modularity to match KnCMiner’s $0.10/KH/s.  Additionally, Alpha Technology updated their power consumption figures to reflect increased efficiency achieved by their developers.

Shortly after, MAT did the same thing, announcing upgrades to their EXCALIBUR line of Scrypt ASICs.  The new EXCALIBUR 5 by MAT offers 250 MH/s for ~$20,662: $0.0826/KH/s.  It is now clear that the KnCMiner Titan’s newest upgrade is a direct strike from KnCMiner to Mining ASICs Technologies.  Both products are supposed to ship in the same timeframe, except one is nearly half the price of the other.

Power Figures From KnCMiner

The MAT EXCALIBUR 5 is supposed to use 3600 W for 250 MH/s.  In contrast, KnCMiner has promised the device will run on a standard 800W to 1000W PSU.  This number was revealed in KnCMiner’s update today.  It isn’t clear yet what size the chips in the Titan will be, but I’m guessing 28nm.  For those truly interested in the Scrypt ASIC race, it is a well known fact that large and fast devices are just part of the show.  Power consumption determines the longevity of the product.  While there is undoubtedly a race to be the first to deliver, there is also an even more heated competition to provide the most efficient/powerful product.

Last modified: October 6, 2014 11:06 UTC

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Caleb is a graduate of the University of Virginia where he studied Economics, East Asian Studies, and Mathematics. He is currently pursuing his MSc in Digital Currency at the University of Nicosia.

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