Archive for the ‘Mining Hardware’ Category

It seems that some people think that Bitmain has lowered the prices of their upcoming Antminer X3 Cryptonight ASIC miners, however that is not true, the company has just released new Batches 3 and 4 for pre-order and has removed the first two super expensive ones. Batch 1 of the Antminer X3 had a price of $11999 USD and should start shipping by the end of May and Batch 2 had a price of $7599 USD by the end of June. The prices of the first two batches are very important as well as their shipping dates are tied to the two new batches, so for example the new Antminer X3 Batch 3 with a price of just $3000 USD should start shipping after Batch 1 and the new Antminer X3 Batch 4 with a price of just $1900 USD should start shipping after Batch 2.

What Bitmain already did was screw over anyone that has ordered their Batch 2 devices as the new Batch 3 of the Antminer X3 Cryptonight ASIC should ship faster and at less than half the price. Actually the same goes for pretty much anyone that has ordered or plans to order any of the batches of the Antminer X3 Cryptonight ASIC miners from Bitmain, so consider wisely if you still have not purchased any, but are considering it. As we have already mentioned Monero (XMR) and a number of other CryptoNight coins are planning to fork to a new CryptoNightV7 POW that should make any of the current CryptoNight ASIC miners unusable, so a pretty risky thing to pre-order ASIC mining hardware at the moment and wait for it for a few months.

We are not surprised by the announcement from Halong Mining about their new DragonMint X1 and DragonMint X2 Cryptonight ASIC miners as the company had already mentioned on twitter a few days ago that they will be releasing such miners. The Halong Mining DragonMint X1 miner should be capable of 124 KH/s hashrate with 245W power usage, costs $1714 USD with a power supply and should start shipping in April 25-30. The more Halong Mining DragonMint X2 miner, as the name suggests, should be offering double the performance or with other words 248 KH/s at 490W of power usage at a slightly better price than ordering two X1 miners – $3115 USD with a power supply and shipping should also start by the edn of next month (April).

This offer is more like a real competition to Bitmain’s X3 Cryptonight ASIC miners performance wise and at a much better price and shipping earlier. What is there not to like in some real competition on the Cryptonight ASIC miners, but then again these devices might also end up as expensive door holders as well by the time they start shipping. With Monero (XMR) and other Cryptonight-based crypto currencies announcing plans to fork to a new version of the algorithm that should make them ASIC proof again things are not looking very favorable for ASIC miners. So again a word of warning if you are interested in the recent wave of Cryptonight ASIC miners, be extra careful when making your plans should you decide to order any of the miners already available or coming soon to the market.

It seems that everyone is releasing Cryptonight ASIC miners out of the blue, there is information and websites in China starting to offer PinIdea RR-200 Cryptonight ASIC miners that are promising 27 KH/s Cryptonight and 55 KH/s Cryptonight-light mining performance at 350 Watts of power usage with a price similar to that of the Baikal Giant-N. So the RR-200 promises a bit faster hashrate and comes at pretty much the same price and shipping immediately directly trying to compete with the Baikal offer. Unfortunately at this point it is hard to confirm this new miner for sure as the official PinIdea website seems to be down and there is no info on their official Facebook page about a new Cryptonight ASIC being released, so treat this information with caution!

Meanwhile another ASIC manufacturer, Halong Mining, has tweeted that they are also planning on releasing a Cryptonight ASIC, though they have been busy lately with miners for other algorithms. The Bitmain Antminer X3 was also recently announced, though it will be a while before their much more powerful devices start shipping. At the same time crypto coins using the Cryptonight algorithm are talking about forks and switching to a new ASIC proof version of the algorithm that can make all of these ASIC miners obsolete with Minero (XMR) leading the way. That is probably why more ASIC manufacturers are trying to push hardware to users that might have been mining for them for a while and are now trying to sell it as fast as possible before it becomes useless. So a word of warning – be extra careful and plan well with Cryptonight ASIC miners!


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