Posts Tagged ‘Halong Mining ASIC

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)…

Out of the blue Halong Mining have just announced a new ASIc miner called DragonMint B29 designed for the Blake256 algorithm supporting Decred (and other Blake256 coins?). The new ASIC should be capable of delivering 2.1 THS Blake256 hashrate with just 900 Watt power consumption. The not so great thing about this new miner however is the price of $10499 USD, even with included power supply and free shipping it is pretty expensive. The DragonMint B29 Blake256 ASIC miners should start shipping March 22-30 according to the official website if you order now while there is stock. There is an official link to a Decred pool with one of the ASIC devices mining on it posted by Halong Mining on Twitter, so you can check some stats here.

There is a short video of the DragonMint B29 Blake256 ASIC miner in action available from Halong Mining and in it they present it as a Decred (DCR) miner. Do not forget that there is also the Obelisk DCR1 ASIC miner that should be available this summer as well as Materia1 Decred ASIC miner that is still apparently in the works. So the competition for Decred (DCR) ASIC miners will be big apparently, but the more important question is if the network will be able to handle all of the ASIC hardware if you are not able to mine anything else apart from Decred (DCR).

For more details on the DragonMint B29 Blake256 ASIC Miner for Decred (DCR)…

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…


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