KnCMiner Sells $2 Million worth of Titan Script Mining Machines in 4 Hours


Each one of these units selll for $9,995 each. While selling  200 units  is a good start, the company wants to sell 2500 units with this first offering . The Titan Mining Machine is targeted at mining alternative coins like Litecoin and Dogecoin. The unit is rated at 100 MH/s. The typical Radeon R9 290X is rated at 850 KH/s, or just under 1/mhz so you would need around 117 R9 290X’s to achieve the same hashing power.

With this machine coming to market, those who have spent a massive amount of money on multiple mining machines with expensive GPUs may look to this as another possibility . When you do the math, with the Titan’s current hash rate and current exchange rates of current crypto-currency it would take just over  a month for to get their $10,000K investment returned from purchasing the Titan.

The Titan is expected to ship sometime in the second or third quarter of 2014.