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MAT Taking Pre-Orders on Scrypt ASICs

Last Updated May 6, 2023 3:18 AM
Venzen Khaosan
Last Updated May 6, 2023 3:18 AM

Netherlands based company Mining Asics Technologies B.V. (MAT) today announced it would start taking pre-orders for a new range of Scrypt ASIC miners.

MAT is one of the first companies to introduce a wave of powerful new Bitcoin Asic miners and Scrypt ASIC miners for Dogecoin, Auroracoin, Feathercoin, Litecoin and other scrypt cryptocurrencies. Pre-orders are open from 12 March 2014.

Standalone Scrypt ASICs

All of MAT’s ASICs are standalone embedded application devices featuring a Linux operating system running CGminer. The devices can be configured via webGUI from a desktop PC or smartphone.

MAT’s Scrypt Asic miners will allow the mining of Litecoin and all generic scrypt-based cryptocurrencies (Litecoin clones) such as Novacoin, Auroracoin, Feathercoin, Dogecoin and others. However, as discussed with the Execoin team yesterday, progressive-N scrypt cryptocurrency will not be mineable via these ASIC devices.

Dream Chip Partnership

From their press release:


For the development and production of the Bitcoin Asic miners, Scrypt Asic miners and Scrypt FPGA miners Mining Asics Technologies B.V. (MAT) has partnered with German engineering firm Dream Chip Technologies GmbH (DCT). Dream Chip Technologies GmbH (DCT) engineering team consist about 40 highly qualified and skilled resources in hardware, software and mechanical engineering capabilities. A state of the art design center is located at the headquarters to undertake hardware, software and programmable logic design work. Dream Chip Technologies GmbH (DCT) is led by a team of highly experienced professionals in its area of specialization. The Dream Chip Technologies GmbH (DCT) design team have worked on several state of the art designs in the areas of software, systems architecture, involving ASICs and FPGAs.

Pre-Order… How Long?

the front view of a silver computer case
MAT Scrypt ASIC 200MH/s

Due to the disappointing show on pre-orders by companies such as Butterfly Labs, Mining Asics Technologies have lowered the initial deposit amount to 35%, with the balance of 65% to be demanded 3 months before shipping. Payments for orders can be made by Bank Transfer and Bitcoins via BitPay.

Mining Rigs

Titanium 1 – 28 nm Bitcoin ASIC Miner 6 TH/s
€ 6.999,00. 35% Deposit – € 2.449,65
Shipping September 2014

Titanium 2 – 28 nm Bitcoin ASIC Miner 3 TH/s
€ 3.999,00. 35% Deposit – € 1.399,65
Shipping September 2014

Platinum 1 – FPGA Scrypt Miner 10 MH/s
€ 2.999,00. 35% Deposit – € 1.049,65
Shipment planned: August 2014

Platinum 2 – FPGA Scrypt Miner 30 MH/s
€ 5.999,00. 35% Deposit – € 2.099,65.
Shipment planned: August 2014

Excalibur 1 – ASIC Scrypt Miner 50 MH/s
€ 4.999,00. 35% Deposit- € 1.749,65
Shipment planned: Q3/Q4 2014

Excalibur 2 – ASIC Scrypt Miner 100 MH/s
€ 7.999,00. 35% Deposit- € 2.799,65
Shipment planned: Q3/Q4 2014

Excalibur 3 – ASIC Scrypt Miner 200 MH/s
€ 14.999,00. 35% Deposit- € 5.249,65
Shipment planned: Q3/Q4 2014

In defense of their 6 month shipping delay until August and September of this year, MAT has the following to say:

The whole Litecoin or other Scrypt cryptocurrencies difficulty in 6 months time will be made up only of GPU’s. When we ship our FPGA Scrypt miners or ASIC Scrypt miners it will be more advantageous than any GPU rig, it will be more cost efficient, and much more power efficient.

Hang Dai, GPU

This seems to be the consensus view – that the Scrypt ASIC invasion is inevitable and that it’s dominance will be total and pervasive. It is this writers view, that the deafening silence from the GPU giants AMD and Nvidia should not be interpreted as signifying their disinterest in the mining market. On the contrary: the release of High Bandwidth Memory equipped GPU devices around the second half of 2014 should ensure an increase of heat in the blasting room of the Scrypt mines. Some altcoins, like Execoin, have specifically positioned themselves in anticipation of the coming escalation in scrypt ASIC mining and will receive many of the forced-migration GPU rigs.

MAT Shop Open

For those of you in the vicinity, MAT’s shop  will be open on Wednesday 12th, March. from 6 p.m. Netherlands time.

Stationsplein 8-K
6221 BT Maastricht / The Netherlands
Tel +31 (0) 43 7999-044


Also ReadAMD High Bandwidth Memory to challenge Scrypt ASICS in 2014