Topic: KnC Titan. Now 250Mhash. - page 2. (Read 2593 times)
This just got ridiculous...
This is exactly how i feel, ive been mining vert for a bit aswell now do to what i expect will be a boom in the coin and a large price increase. I do see more and more coins going towards N Factor, it is obvious to keep a coin decentralized they need to keep it Asic resistant. I am just ready for more and more N factor coins so dificulty is less concentrated on Vert.
Vert is not really ASIC resistant as it still uses scrypt and ASIC's could be modified to mine this as well...
The best ASIC resistant coins are ones that use multiple/unique algos as well as random hashes. Coins like Quark, Hirocoin, EMC2(soon to be), Darkcoin etc .. as well as the POS coins like blackcoin and mintcoin, that use proof of stake to mint...
KNC needs $5 million of more pre-orders 
I want one 
K.
K.
Believe it or not, now is a good time to be picking up cards...
I agree. Before there wasnt a damn AMD card on Kijiji in my area, only wanted ads. This week, there have have been 10-15 cards listed for sale. Scrypt miners are starting to get out of the game. I think the combination of ASICS and Summer temps have scared miners into trying to recoup their money before the dump starts.
It's all much simpler than that. The large drop in profitability has caused it.
The cause of that drop is debatable, but the cause of GPU miners exiting is pretty clear.
It isn't the threat of ASICs or summer temps. But simply profitability getting really close to dropping below the electricity costs in many regions.
Products posted by OP are very irrelevant still due to the projected release date, which will probably be late Q3... and that is even if it isn't a giant scam.
Believe it or not, now is a good time to be picking up cards...
I agree. Before there wasnt a damn AMD card on Kijiji in my area, only wanted ads. This week, there have have been 10-15 cards listed for sale. Scrypt miners are starting to get out of the game. I think the combination of ASICS and Summer temps have scared miners into trying to recoup their money before the dump starts.
Hell, I've actually bought more GPUs. Got 2 Gigabyte 7950s for $225 each on Fleabay.
Believe it or not, now is a good time to be picking up cards. I am completely anticipating vanilla Scrypt to worthless and the profitability shift to non-vanilla-Scrypt coins or not-Scrypt coins.
However...KGW/DGW on so many of these vanilla Scrypt coins will only serve to exponentiate their individual difficulties because of the extreme amount of hash being thrown at them in such a short amount of time. Their profitable window will be tiny or non-existent. All of the old vanilla Scrypt coins are about to get blown up.
I would dare say that Litecoin or any other non-KGW Scrypt coin may be only viable option for miners like the Titan.
Believe it or not, now is a good time to be picking up cards. I am completely anticipating vanilla Scrypt to worthless and the profitability shift to non-vanilla-Scrypt coins or not-Scrypt coins.
However...KGW/DGW on so many of these vanilla Scrypt coins will only serve to exponentiate their individual difficulties because of the extreme amount of hash being thrown at them in such a short amount of time. Their profitable window will be tiny or non-existent. All of the old vanilla Scrypt coins are about to get blown up.
I would dare say that Litecoin or any other non-KGW Scrypt coin may be only viable option for miners like the Titan.
As i posted in another thread - assuming that each titan does 250mhs @ 10k and a Gridseed (minimum) 350khs minimum - each Gridseed would have to drop to $14-16 to match that type of khs/cost ratio. I highly doubt they can be sold at that amount for profit.
Glad i stuck to my GPUs. When Gridseeds are worthless, my GPUs won't be.
Glad i stuck to my GPUs. When Gridseeds are worthless, my GPUs won't be.
I unfortunately sold off 1/3 of my mining rigs for Gridseeds. If I can get a good 6 months out of them before these KnC Titans hit they will pay for themselves by electricity savings. I knew it was a risk but my power costs were starting to kill me.
Wow 
250 MH/s ... that's some heavy hashing for $10k
250 MH/s ... that's some heavy hashing for $10k
Yep - keep your GPUs cause vanilla Scrypt is about to be worthless to mine(soon)!
Wow
250 MH/s ... that's some heavy hashing for $10k
the arms race has begun!
250 MH/s ... that's some heavy hashing for $10k
the arms race has begun!
I hear it. I wasn't around for the KnC bitcoin days but I have read that they aren't the best at delivering when projected. I'm not investing in one of these until I can pay and have a product in hand. Of course, it will probably be too late then anyway. I have been thinking about selling everything and just buying coin at this point.
As i posted in another thread - assuming that each titan does 250mhs @ 10k and a Gridseed (minimum) 350khs minimum - each Gridseed would have to drop to $14-16 to match that type of khs/cost ratio. I highly doubt they can be sold at that amount for profit.
Glad i stuck to my GPUs. When Gridseeds are worthless, my GPUs won't be.
Glad i stuck to my GPUs. When Gridseeds are worthless, my GPUs won't be.
"Q2/Q3" is the only thing you needed to know anyways.
Move on, there's nothing to see here.
Move on, there's nothing to see here.
Wow, KnC just upped the ante on the ASIC market. Titans are now going to be at least 250MH. Wowzers
https://www.kncminer.com/categories/litecoin-mining-hardware
https://www.kncminer.com/categories/litecoin-mining-hardware
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