KnCMiner Sells $2 Million Worth Of Scrypt Mining Machines In Four Hours

TechCrunch

KnCMiner , one of the few cryotcurrency miner companies that tend to ship product, has announced that they sold $2 million worth of their scrypt mining Titan rigs in four hours, a new record for the company.

The rig, which costs $9,995, is rated at 100MH/s and is aimed at mining alternative coins like Dogecoin, Litecoin, and Feathercoin. If this price seems a bit over the top and obscene it’s probably because these alternative coins haven’t quite reached the mainstream and are a fairly large gamble for all but the most fervent crypto currency believers.

“We are overwhelmed by the positive response we have gotten and we will continue to produce the best possible mining hardware for our customers,” said co-founder Andreas Kennemar.

If anything can be said of the Stockholm-based company it’s that they’ve had the tendency to move and, more important, ship product. I looked at their KnCMiner…

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