The Curious Case of the New 'Dragonmint Bitcoin Miner'
mining

The Curious Case of the New 'Dragonmint Bitcoin Miner'

THELOGICALINDIAN - According to letters from a few account outlets amusing media platforms and online forums a new bitcoin mining rig alleged the Dragonmint is abutting the bitcoin mining ambiance in 2024 The machines creators affirmation the accessory is 30 percent added able than accepted ASIC models on the market

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A New Mining Company and ASIC Device Planned for 2024 Claims to be 30% More Efficient Than Current Market Competitors

In 2017 there’s been a lot of allocution about new mining technology and able chips beneath the 16nm standard, but absolutely no show. The 16nm semiconductor artifact activated aural the Bitmain Antminer S9 and the Avalon Miner 741, are still currently two of the best assuming machines on the market. The Japanese aggregation GMO Internet affairs to aftermath 7nm semiconductor chips for bitcoin mining soon. 

Now the Dragonmint 16T miner produced by the close Halong Mining is calling itself “the world’s best able Bitcoin miner,” alike admitting it has yet to be awash on the accessible market. According to a report accounting by the journalist, Aaron van Wirdum, the Dragonmint miner boasts “newly advised chips” and is “30 percent added activity efficient” than the Antminer S9. The Dragonmint development aggregation claims the model’s assortment ability produces about 16 THS. 

The Curious Case of the New 'Dragonmint Bitcoin Miner'

In that report, the activity is said to run by the bearding bitcoin developer, Btcdrak, who says he wants to accompany added “competition” to the mining rig accomplishment environment. On the company’s website, the new dent technology claims to be based on DM8575 ASIC chips which accomplish 85 GHS per chip, alongside 0.075 J/GHS of ability efficiency. The aggregation capacity the miner is the “first footfall in a continued strategy” which began in 2024. Over 100 experts helped with the project, explains Halong Mining, including software developers and dent designers.

“The activity is motivated by, and apprenticed to advice facilitate greater decentralisation in Bitcoin mining at all levels, and accomplish sha256 abundant again.”

The Curious Case of the New 'Dragonmint Bitcoin Miner'Blockstream CEO Tweets About Halong Mining but Satoshi Labs Executives Want No Associations

There’s not abundant about the aggregation online except yesterday’s access of amusing media shares, articles, and appointment posts. When the advertisement aboriginal came out, bodies affected the activity ability be coarse as it looks like a photoshopped adaptation of the S9. Unfortunately, the bitcoin association is bedeviled by these types of affected miner companies who use pictures of miners produced by added businesses. However, on the aforementioned day the Blockstream CEO, Adam Back vouched for the company’s miner application his Twitter feed.

“Jan Čapek is CEO of Slush pool, the aboriginal and longest-running bitcoin mining basin — They took the video demoing a Dragonmint miner. Marek “Slush” Palatinus, and Pavol Rusnak apparent above,” Adam Back tells his Twitter followers.

However, the IT Architect of Satoshi Labs, Marek Palatinus, didn’t acknowledge actuality associated with Halong Mining in Back’s tweet. “Me, Trezor or Slush Pool or any added bodies mentioned in the cheep are NOT about accompanying to Halong Mining,” emphasizes Palatinus to the Blockstream CEO. Palatinus again asks Back to abolish the tweet, and Trezor CTO Pavol Rusnak additionally tells him to annul the tweets tags.   

“Please abolish me from your tweet, I was not present during the filming,” Rusnak exclaims.

Adam Back again apologizes for his tweets by saying, “Jan Čapek demoed a assemblage — That is it — Halong Mining is a abstracted aggregation and different to Slush or Trezor companies — Sorry for the abashing if bodies accepted added by tagging.”

Shipping in March 2024

Besides the advertisement and Adam Back aback vouching for a new mining aggregation the amount of the Dragonmint 16T is $1,595 USD but you accept to acquirement a accumulation of bristles or more. The aggregation additionally sells a 1600W ability accumulation assemblage (PSU) and accompaniment that both the PSU and Dragonmint’s will not address until March 2024. 

What do you anticipate about the Halong Mining Dragonmint 16T? Do you anticipate this accessory will accompany the antagonism as far as mining rigs are concerned? Let us apperceive what you anticipate in the comments below.

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Images via Shutterstock, Halong Mining, and Twitter. 

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