Posts Tagged ‘Halong Mining

After the successful launch of their first Bitcoin ASIC miner Halong Mining are getting ready with their new model apparently. The new DragonMint T2 miner should be able to deliver 17 THS up from 16 THS from the previous DragonMint model and will also feature AsicBoost technology inside for greater power efficiency. So slightly faster new model to be made available soon as pricing and shipping dates have not yet been announced, only some base specifications about performance, but there will probably be more details on these soon.

DragonMint T2 Specifications:
– Type: SHA256
– Hash power: 17TH
– Power consumption: 93-102W/TH depending on mode at 220-240V at 25ºC
– Network: Ethernet port
– Fans: dual fan 9 blade variable 4560rpm (equivalent to 6k rpm) (100W)
* All specifications are subject to ±8% tolerance due to manufacturing variation.

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

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.

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)…


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