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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…
- In: Mining Hardware
- Tags: AntMiner, Antminer alternative, bitcoin asic, bitcoin asic miner, Bitmain, BitMain alternative, BtcDrak, DragonMint, DragonMint 16T, DragonMint 16T ASIC, DragonMint 16T ASIC miner, DragonMint 16T miner, DragonMint ASIC, DragonMint ASIC miner, DragonMint miner, Halong Mining, Halong Mining ASIC
It seems that the craze running among website owners embedding the Coin Hive Web Miner for Monero (XMR) and not telling their visitors about it or letting them control the mining is growing. As a result a lot of people are noticing increased load and their computers starting to lag and getting unresponsive and having trouble locating the particular website that is causing the issue or just not that advanced to do it. The good news is that you can easily stop the miner from running without having to top using any of the websites you visit that might have embedded the code, you just need to block a specific JavaScript URL in your ad blocker software (if you are using one in your browser).
The URL in question you need to block is this one:
https://coinhive.com/lib/miner.min.js
On a side note, if you are using an ad blocker like Adblock Plus please disable it on our website as this would allow us to continue giving you up to date and useful information regarding crypto currencies. Ads are what helps us develop further and grow and we would be grateful if you do not ignore that when visiting us, but instead help us by not disabling the ads being shown here with the help of an ad blocker. Users of the Brave browser can also support us using the Brave Browser’s Brave Payments and you can also find our Bitcoin (BTC) donation address at the bottom of each page.
Here is another interesting mining project that got our attention – HydroMiner. A mining project that tries to make crypto currency mining more Eco-friendly by using hydro power stations for generating the electricity used by mining rigs. We already know that there are some hydro power stations being used for large mining farms in Asia, but here the project aims to do it in Europe and more specificall in the Austrian Alps. An ambitious goal trying to expand the current mining capacity from 290 kW all the way up to 7 MW if the maximum goal of the upcoming ICO is reached. Today the project had its pre-sale and it ended at just about 36 minutes according to the official information rising 1500 ETH with the actual token sale (H2O Token) starting on October 18th and running for a month. You can check the HydroMiner Whitepaper here for more details and detailed description of the project.
Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural. Hydro power allows to manage resources sustainably and enables low-emission production and it is also simple, controllable and has an excellent track record. Using hydro power stations in the Alps region one of the lowest prices per kilo Watt in Europe can be achieved, bringing the costs for the mining operation further down. Further cost savings can be realized by using the cold water for cooling the mining equipment, so no extra electricity costs for cooling. Where possible, mining equipment is built inside standard sea freight containers. The advantage is that containers can easily be assembled in once place and then taken to the hydro power station, in addition, the container can be moved to another location very quickly if needed, sometimes depending on water levels or the need for extensive maintenance to the power station’s turbines.
As you know we are not big on ICOs, but there are some that actually do catch our attention, especially ones that are related to mining and the HydroMiner project is one of those where we see a good potential. Of course with all such projects looking for funding via ICOs there is risk, so while we can point you to check out the project in details we are not going to be giving any investment advice – it is up to you to decide. We are just sharing the information about HydroMiner as a new and promising project to bring an alternative to traditional cloud mining options already available. An alternative that tries to be more efficient and Eco-friendly and not just focusing on bringing profits to its investors, even though most miners focus on profits the most.
– For more information about the Eco-friendly HydroMiner cloud mining project…