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Mar
19
2014

ASICS for Scrypt mining coming - AMD and NVIDIA GPUs to be rendered useless

ASICS for Scrypt mining coming - AMD and NVIDIA GPUs to be rendered useless

KnC Titan Miner

For everyone who has invested in GPU's for mining cryptocurrencies, now might be the time to sell your cards on eBay or other sources. KnC has just announced their first scrypt miner Titan. Unlike other manufacturers, KnC has a reputation for delivering a working final product.

The Titan miner from KnC is expected to go on sale in Q2 or Q3 of this year and will have an effective hashing power of 100 MH/s with a price of $9,995. Compared to the AMD R9 290X which get about 850 KH/s, you would need about 117 AMD R9 290Xs to get the same hashing power as the KnC Titan.

Most likely this means that we will be seeing an influx of used graphics cards like the R9 270X, R9 290X and AMD 7950 hitting the market in Q3 of 2014. This also means that gamers who wanted to buy an AMD GPU can finally enjoy the cards without paying for the inflation caused by miners.

For those of you with mining farms currently setup with graphics cards, do you plan on switching to the KnC Titan miner or are you going to keep using your GPU's to hash away? Let us know in the comments below!

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