Bitcoin Forum

Halong Mining company said soon it will start prodicing DragonMint 16T, the most effective miner. The key component of the new product is DM8575 ASIC chips of the new generation, which offer 85GH hash and have about 0.075J / GH energy efficiency.
What you think about it???  :o

There is already a thread about this and no one is quite sure, forget being impressed.. Many thinks this is a SCAM ..

https://bitcointalk.org/index.php?topic=2443327.new

Yeah wrong section and this isn't a very good miner in my opinion. It seems to be an overclocked and overpowered antminer s9 with a dragon sticker.

I've posted some power efficiency calculations and estimates on the other thread:
https://bitcointalk.org/index.php?topic=2444725.msg25050320#msg25050320

Basically, this dragonmint miner is less power efficient than the s9 (despite claiming otherwise).

First: The 16T Dragon is better on long term, but the investement is a bit higher at start.

Second:

Anybody get in contact with BtcDrak -> He helped for the chip design the last year!
https://twitter.com/btcdrak
https://github.com/btcdrak

Anybody wrote Adam Back -> He is deep connected with the mining and crypto industry!
https://twitter.com/adam3us
Short Info: https://en.wikipedia.org/wiki/Adam_Back

Anybody wrote Halong -> Its possible to get in contact AFTER and BEFORE the SALE.
https://halongmining.com/contact-us/


Own comment: VIAcoin looks fine today, thank you Drak! He was called a scammer in the past for it, too.

Wouldn´t this be the most fun instead of guessing who and what is real? Ask them and get info?

Anybody really wants to tell the community that those two BIG OLD GUYS OF CRYPTO (Adam Back and BtcDrak) who are always fighting for the community will do a mass scam?
Why they should do? Do destroy what they are? Would be stupid. And why should Adam lie about that he SAW the developement and hardware already? He never told any lies before on his informations he is giving the comunity.
Why Drak should lie about helping at the design for about one year? He is not the guy wasting time and he was like -not here- for month :)

Just give me one real reason why its a scam? Only because there were a lot of scams in the past? Then you will never ever get a good new machine, because you are scared.
Then all ICO´s are scam. All new coins and blockchain systems are scam - and your are one of the guys who said 2009 that bitcoin is scam and will never ever make it ;)

Dont invest all your coins. Just 1-10%. What you feel good about.

Yes, maybe people will get scammed and in this case I will get rid of 43.000+ USD.
I never go all in for S9, L3 or whatever Bitmain will produce. And I will not go all in for any (new) miner from any brand.

A mix is nice and trying new stuff can be a risk, but in this case the risk is not as big as some panic people are telling

But no risk, no fun.

P.S.: I hate SegWit, but I hate the slow bitcoin network, too. I must be Grouchy Smurf :P