In what could probably be considered the first major move of the year in the litecoin mining space, a British company by the name of Alpha Technology is set on bringing ASIC Litecoin Miners to the markets in the second or third quarter of this year.
The company has announced that they’re beginning pre-orders for the standalone miners, which come at about 5MH/s and 25MH/s, priced at about $2,200 and $8,900 USD respectively (these are conservative estimates).
Unlike a majority of the bitcoin miner pre-orders we’ve seen, Alpha’s pre-order system is to only accept 30 percent of the total price. A deposit, if you will. The company is hellbent on maintaining a good reputation, given some bitcoin miner manufacturers aren’t exactly prompt with product shipment.
“The 30% deposit is something no ASIC company has done before. This is due to the confidence we have in our development and planning ahead, engineering work from Dexcel Designs has been great and we will be working with Global Foundries for our chip fabrication,” said Alpha Technology CEO Mohammed Akram to CoinDesk.