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Just after the announcement of their new DragonMint B29 Blake256 ASIC Miner for Decred (DCR), Halong Mining has also started taking orders for a new DragonMint B52 Blake2b ASIC Miner for Siacoin (SC) or other Blake2b POW coins. The hashrate of the new ASIC miner is cited as 3.83 THS for Siacoin mining at 1380 Watt of power usage, so a serious device in terms of hasrate compared to other alternative options from Bitmain A3 (already available) and Obelisk SC1 (upcoming).

Where the Halong Mining DragonMint B52 Blake2b ASIC Miner is suffering is the price, although almost half of the Decred miner they started selling, the B52 Blake2b ASIC miner is still pricey at $5549 USD. Even when considering that the price includes a power supply and free shipping it is pretty steep for an ASIC miner that can be used for just one cryptocurrency for the moment. Halong Mining should start shipping these new miners by the end of the month, so you can expect a pretty big jump in term of the total network hashrate for mining Siacoin.

For more details on the DragonMint B52 Blake2b ASIC Miner for Siacoin (SC)…

Things around the SiaCoin (SC) ASIC miner market seem to be heating up lately as soon after the new BitMain Antminer A3 Blake (2b) ASIC miner was announced there is a fresh new announcement coming from another new ASIC manufacturer for a Blake2b ASIC Miner. The DragonMint B52 Blake2b ASIC miner was just announced by Halong Mining, a newcomer on the ASIC market that looks promising, but we are yet to see it start delivering any mining hardware.

The device they have announced is supposedly capable of 3.5 THS Blake2b mining hashrate at 1000W -/+8% with 135 ASIC chips, making it probably the most efficient ASIC for SiaCoin (SC) if they manage to deliver what they are promising of course. There are not many details, including price or release date for the device and it seems more of a move to judge the interest by launching a waitlist, but still interesting to see there are possible alternatives popping up. So you might want to keep an eye on the product and join the waitlist to get more details as soon as they become available.

Check the official product page for the Halong Mining DragonMint B52 Blake2b ASIC Miner…

The people behind the development of SiaCoin (SC) have tweeted an interesting, but very brief post about an upcoming release of a dedicated ASIC mining hardware intended for mining the SiaCoin tokens. The Obelisk SC1 is supposed to be the first ASIC built for Sia mining according to the official tweet from Sia Tech (@SiaTechHQ). There are no more details revealed at this point, though more information should be made available by the end of the week.

SiaCoin has been getting more attention lately and the price of the crypto tokens has been rising, though releasing a mining ASIC for a token that is intended to be used for renting and leasing file storage is an interesting decision. Having a dedicated NAS device tied to SiaCoin like the MineBox makes much more sense for a service like that. SC can currently be mined using GPUs and not only being earned by providing free space to users that need to host some data and getting paid in SiaCoin tokens in return.

We are going to see what SiaCoin will actually announce and what their upcoming Obelisk SC1 will offer, but the initial user feedback is not that positive as one would expect. Switching to ASIC mining can actually result in negative results with GPU miners moving away switching to other altcoins and not getting into ASIC mining SC. As far as we are aware there are no other altcoins based on the same algorithm and mining like SiaCoin so essentially an ASIC miner will be very limited in terms of usability and may actually reach its end of life cycle much faster than other ASIC miners that can be used for multiple crypto coins that use the same algorithm.