If you think that BitMain has too much control over the Bitcion ASICs out there being one of the main manufacturers on that particular market, then you might be happy to learn that there is a new alternative coming next year. There are of course the Canaan Avalon miners and the Ebit E9 miners already available, though they are also hard to get, just like the Antminers from Bitmain lately. The just announced DragonMint 16T Bitcoin ASIC miner from a new company called Halong Mining is looking very promising. What makes this announcement even more interesting is the fact that one of the Bitcoin Core developers – BtcDrak seems to be directly involved in the development of the miner and with Halong Mining who developed it. According to the initial information the project has been started quite a while ago with a lot of people contributing and with a serious investment in order to be able to bring the much needed competition and innovation to the Bitcoin mining arena. The only possible problem here is that it might still be hard to acquire for some small miners and users willing to get just a single ASIC miner to play around with once it becomes available, especially if demand from large scale mining operations is as high as it is with Bitmain’s products.

The DragonMint 16T is supposedly the world’s most efficient Bitcoin miner, running faster and cooler than any competing miners currently available. It is based on the DM8575 ASIC chips that run at 85 GHS per chip with power efficiency of around 0.075 J/GHS according to the developers. If you are wondering what is the catch here, well the new miner is not yet available for sale, it is expected to start shipping in March 2018 or in about 4 months from now. You can however already pre-order the device with a minimum order quantity and a regular price tag of $1595 USD (with first day promo at $1350 USD per device). That price does not include a power supply, just the miner, but you can also add a 1600W PSU for $125 USD ($115 USD on promo), though again this is a pre-order. As with all other pre-orders and promises for a new product that is to start shipping in the future it is advice to proceed with caution, especially in cases such as this one where it is from a newcomer in the crypto space (new company)!

DragonMint 16T Specifications:
– ASIC Type: SHA256
– Hash power: 16 THS
– Network: Ethernet port
– Miner power consumption: 1205 W ±6%
– Chip efficiency: 0.075 J/GHS ±6%
– Fans: dual fan variable 6000rpm (100W)
– Power Supply: Not included (1600W recommended)

For more details about the new ASIC miner check the official website of Halong Mining…

The latest version of the XMR-stak miner (source) now comes in an all-in-one solution that can work on both CPU as well as GPU, together or separately and supports both AMD and Nvidia GPUs. XMR-stak supports tthe Cryptonight for Monero (XMR) and Cryptonight-light for AEON as algorithms and offers some of the best hashrates in terms of performance competing with Cast-XMR for the best AMD hashrate, especially on AMD RX VEGA GPUs. Do note that by default the developer fee for this miner is set to 2%, though the you can change that in the source code and recompile with different percentage should you wish to do so. There are binaries available for Linux and Windows ready for download and of course you will need to run the miner and configure depending on your mining hardware for best performance (there is autoconfig, but not the best performance).

For more information and to download and try the latest XMR-stak all-in-one miner solution…

It seems that there is a second company working on a Decred (DCR) ASIC miner, so it will not only be the recently announced Obelisk DCR1 apparently. There are two models announced for the moment from DCRasic – Materia 1 supposedly capable of offering 400 GHS (Blake-256) with 275 Watts of power and priced at $1099 and Materia1-TURBO to offer 3 THS (Blake-256) with 2.1 kW of power usage and a hefty price tag of $7500. Materia1 ASICs are still not available for order as their development is supposedly currently ongoing, but the pre-sale should start by the end of this month according to the available information. The delivery of the final product will most likely not be earlier than 6 months from the start of the sale, if the project is successfully funded and sometime in 2018 we might end up with multiple Decred (DCR) ASIC miner options.

We’ve had some concerns after the recent announcement of the Obelisk and so we do here, so while are going to keep an eye on the project with interest we advice a lot of caution should you decide to invest in any of the two options at the moment. Both companies haven’t delivered any ASIC miners so far and their projects are apparently both still in development and the risk that they may not deliver is real. For the moment both projects seem like high risk ones, but in the world of crypto often if the risk pays off it pays a lot.

For some, though not much, more details about the Materia1 Decred (DCR) ASIC miners…