Posts Tagged ‘Cryptonight ASIC miner

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!

If you thought that recently announced Baikal Giant-N Cryptonight ASIC miner is powerful and is going to kill the Cryptonight GPU mining you might want to reconsider. Bitmain has just announced their response in the form of the Antminer X3 Cryptonight ASIC miner and it is much more powerful than what Baikal Miner is offering. The Bitmain Antminer X3 promises 220 KH/s hashrate for Cryptonight at 550 Watts of power usage, so 11 times more powerful than the Giant-N at roughly 2 times higher price and shipping the second part of May. By the time these devices start shipping Monero (XMR) will most likely not be mineable anymore with Cryptonight ASIC miners along with some other coins that have announced plans to fork in order to remain ASIC resistant, so all the extra hashpower will need to go somewhere else.

At a price of $11999 USD per device and limited to just 1 unit per order Bitmain is accepting only BCH and USD payments for the miners. The second batch of Antminer X3 is planned to start shipping a month later, so in the second part of June with a significantly lower price of $7599 USD, though who knows how many Cryptonight coins might fork to ASIC resistant implementation by then. Just to be on the safe side be careful with the Cryptonight ASICs from Baikal and form Bitmain in order not to end up with a piece of useless hardware that can hardly mine anything profitable, even with its very high performance.

For more information about the upcoming Bitmain Antminer X3 Cryptonight ASIC miner….


top