DragonMint T1 16TH/S halongmining.com

[Sandal_Hat]

The gear is real.

Not sure if it works well.

Not sure if it breaks a lot.

Not sure what repair service will be like.

Not sure how fast they ship.

Not sure if bitmain will:

 a) drop the s-9 down to 1200 to hurt sales of this.
 b) drop sales of s-9 to 900 to kill sale of this.
 c) release a 18 0r 20 0r 22 th miner that uses  1200 to 1300 watts and just match sales price of this.

I am sure my gpus still make money even if I can't buy anymore.

I am sure Feb 9 is today

I am sure March 21 is spring and Yoshi said he will sell me 4-5 miners to be shipped to me in early April. I can pay with cc or paypal as he will trust me.

I  am sure I will check thread every day.

If it is real, the difficulty will skyrocket. That alone is bad for everyone because bitcoin price is no longer skyrocketing like last year. It looks more real than before.

[1714154395]

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[1714154395]

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[HagssFIN]

My bet is that this is manufactured in Innosilicon facility and shares same components, like control board and the steel tube design.

The constant mystery curtain around this Dragonmint case is just something I can not understand, and also I still don't know why they decided to kick me out in the telegram chat group.

[Sandal_Hat]

If it is real, the difficulty will skyrocket. That alone is bad for everyone because bitcoin price is no longer skyrocketing like last year. It looks more real than before.

The opportunity to buy miner from someone else other than this Bitmain scammer Jihan Wu is bad for everyone?!? Maybe it's bad for you, but it's best thing that happen for everyone else. I just hope this not turn to be just another scam, for the good of the Bitcoin.

A war between asic manufacturers will not be good or bad for bitcoin. It will however, be horrible for miners LOL.
It will not be so bad for manufacturers because it probably cost them under 1,000 usd to make a miner. Bitmain can sell the antminer A3 for 980 USD after all. I read a theory by someone in the forum that it is possible that in future, only asic manufactures will mine because their break even is their machine manufacturing cost which is in the few hundred USD.

I understand that u do not like bitmain but this isnt any good. From wat I see, bitmain wins the war on SIA coin with the A3. If they want to, they can flood the market with S9s. They may even come up with a better chip. Who knows. And if they dont, more difficulty is just bad...

My bet is that this is manufactured in Innosilicon facility and shares same components, like control board and the steel tube design.

The constant mystery curtain around this Dragonmint case is just something I can not understand, and also I still don't know why they decided to kick me out in the telegram chat group.

That makes sense. If true, I guess inno rather do it quietly and thus, thats why there is no acknowledgement.

[SkyLakeMine]

Just a food for brain... IF someone orders full palettes... Will that person need to manually connect all boards, and cables with hashboards and control boards? Thats seems to much work that is not needed for 50-100 units...

The video subtitle is "Some miners awaiting QA." so they would not get shipped in pallets like you see in video.

QA is gonna be saying "Yoshi! you forgot the controllers!!!"

[SkyLakeMine]

The gear is real.

I have to admit it does *appear* at this time that buyers will get something, maybe.

However, the last reply from @bt898 seems like its still the most probable: these are stolen inno prototypes and halong found a way to mass produce them and are even now trying to alter the controller.

Personally, I'm not going anywhere near one of these things.
I'm just not that desperate and the whole thing still stinks.

[Dopert]

10 second movie, lol. I missed the Dragon on the side (the other side has thd yellow/black sticker).

Yes indeed others has no HB. Does goning out for test reviews  

Also shop myrig.com ask hillarious prices for s9 and reseller prices on there dragonmint ...

[philipma1957]

I wonder what asic builders will end up doing about gpu mining.

I purchased 2 full gaming miners for 4600.

Came with everything.  Inculding two 1080tis in each one .

They earn 15 usd. A day and use 750 watts a real major company with 1 year warranty.

Payback is about 320 days.

They would be worth at least 900   Each next dec.  That means 1800 profit So pretty competitive . I paid on Jan 28 and I am Mining today’s date is feb 9 so 12 day wait

[NotFuzzyWarm]

Packing those miners without a control board seems fishy as hell, and only reason I can think of is that because I've revealed that it is a Innosilicon hardware.

Along the Halong mystery miner line, remember these pictures of AMT's miners supposedly being made that were posted by Josh from AMT? Pics of the boards and such were taken at IMET, the PCB assembly house AMT contracted with. And for the record: The majority of boards produced there either failed to power up at all or died within 1 month of running.

Starts at the above and goes down several more. Those are far more credible 'proof' than what Halong has been providing. Hell, AMT even pulled out the pics of Antec cases they tried using in the beginning

[Sandal_Hat]

I wonder what asic builders will end up doing about gpu mining.

I purchased 2 full gaming miners for 4600.

Came with everything.  Inculding two 1080tis in each one .

They earn 15 usd. A day and use 750 watts a real major company with 1 year warranty.

Payback is about 320 days.

They would be worth at least 900   Each next dec.  That means 1800 profit So pretty competitive . I paid on Jan 28 and I am Mining today’s date is feb 9 so 12 day wait

Philip, right now mining is becoming abit of a scam as it is oversupplied. U may never break even u know. The last thing the industry needs is more mining equipment actually. Risks are too high.

[vegascoinpool]

If it is real, the difficulty will skyrocket. That alone is bad for everyone because bitcoin price is no longer skyrocketing like last year. It looks more real than before.

I'm only asking this because I haven't been around to see when the new miners have come on the market and their impact on network difficulty (except the recent A3 craziness)....

...but the jump from 13-14 TH machines to 16 TH machines... do you think that's gonna be impactful as say, everyone swapping S9's for S11's, etc? Perhaps the impact will be more gradual?

[vegascoinpool]

I wonder what asic builders will end up doing about gpu mining.

Well if they ever develop ASICs for some of the other ecosystems and algos, they'll probably kill GPU mining. Surprised something for Ethereum doesn't already exist.

[ricknamer]

I wonder what asic builders will end up doing about gpu mining.

I purchased 2 full gaming miners for 4600.

Came with everything.  Inculding two 1080tis in each one .

They earn 15 usd. A day and use 750 watts a real major company with 1 year warranty.

Payback is about 320 days.

They would be worth at least 900   Each next dec.  That means 1800 profit So pretty competitive . I paid on Jan 28 and I am Mining today’s date is feb 9 so 12 day wait

I went this route too recently.  Ordered a dual 1080(not ti) system - had a coupon too so $1,709 and had it up and running in 5 days from payment.

Just ordered 3 more for my office as the work being done on them is all spreadsheets and word - so they can mine in the background all day every day.  Office computers were slated for replacement anyway.

Yes I still have S9s running in a colocation facility.  Yes I will add a DragonMint or 3 when they hit the market and reliability is tested. But this was just too easy and instant of a move to make.  Plus I didn't have to chase GPUs around.

[The Demon Slick]

Ebangs are out, we now know where the samsung 10nm chips went, 18ts at 5k usd per unit and shipping now. If the dragonminter is real, it just got outclassed and beaten to market.

[dimaze]

Ebangs are out, we now know where the samsung 10nm chips went, 18ts at 5k usd per unit and shipping now. If the dragonminter is real, it just got outclassed and beaten to market.

Ebangs have been out and out of stock for a while. At the latest batch pricing, their Samsung chips are 90W/TH ($266/TH), where the Dragons are 92.5W/TH ($170/TH). I wouldn't recognize that as outclassed. That's over a 55% price premium for the Samsung chips for a less than three percent efficiency gain.

It's great to see more manufacturers be competitive! This is good for the market, and should reduce the $/TH for the miners all around.

[Sandal_Hat]

If it is real, the difficulty will skyrocket. That alone is bad for everyone because bitcoin price is no longer skyrocketing like last year. It looks more real than before.

I'm only asking this because I haven't been around to see when the new miners have come on the market and their impact on network difficulty (except the recent A3 craziness)....

...but the jump from 13-14 TH machines to 16 TH machines... do you think that's gonna be impactful as say, everyone swapping S9's for S11's, etc? Perhaps the impact will be more gradual?

This 14th to 16th isnt a big issue. The issue is that there are too many miners and too little bitcoin for everyone to mine. Thus, alot of people will probably not be breaking even.

Ebangs are out, we now know where the samsung 10nm chips went, 18ts at 5k usd per unit and shipping now. If the dragonminter is real, it just got outclassed and beaten to market.

Ebangs have been out and out of stock for a while. At the latest batch pricing, their Samsung chips are 90W/TH ($266/TH), where the Dragons are 92.5W/TH ($170/TH). I wouldn't recognize that as outclassed. That's over a 55% price premium for the Samsung chips for a less than three percent efficiency gain.

It's great to see more manufacturers be competitive! This is good for the market, and should reduce the $/TH for the miners all around.

Yeah but even at 5 cents electricity, it is gonna take 15 months (450 days) to break even. That is a calculation without shipping cost, PSU and VAT yet. At 450 days, they may never break even. Too many things can occur by then, assuming the miner even lasts that long...
Btc price rose 10x from last year to this year and this is the kind of low returns mining gives now. Btc is unlikely to rise 10x this year but difficulty is expected to rise more as stronger machines and more manufacturers appear.

[The Demon Slick]

I'm not counting anything not delivered as real, until people actually received ebits I wasn't counting them. Just like I'm not counting Haloong until some of you actually plug some in. Actual people have now taken actual possession of the ebit machines. They're in reality town. Of course I want more manufacturers, more competition. Who doesn't.

[Sandal_Hat]

I'm not counting anything not delivered as real, until people actually received ebits I wasn't counting them. Just like I'm not counting Haloong until some of you actually plug some in. Actual people have now taken actual possession of the ebit machines. They're in reality town. Of course I want more manufacturers, more competition. Who doesn't.

Dude, more manufacturers just means more difficulty which means less profits and possible losses for all miners. Everyone orders 2-3 months in advance after all. More manufacturers means alot more orders and a bigger sudden difficulty spike when they appear later. And the miners dont sell for cheaper.

Bitmain sold S9 cheap at 1500 USD back then and they had a monopoly. Now, bitmain is selling at 2300 USD and so are canaan, etc. In fact, canaan is selling higher at 3500 USD. It is almost seems as if the ASIC manufacturers realized that they wont be able to make much money from mining going forward, thus, it is better that they just sell asics at higher prices to make up for the lesser profits from mining.

By right, a monopoly should mean higher prices but heck, bitmain sold lowest when it had a stronger monopoly....

[dimaze]

Ebangs are out, we now know where the samsung 10nm chips went, 18ts at 5k usd per unit and shipping now. If the dragonminter is real, it just got outclassed and beaten to market.

Ebangs have been out and out of stock for a while. At the latest batch pricing, their Samsung chips are 90W/TH ($266/TH), where the Dragons are 92.5W/TH ($170/TH). I wouldn't recognize that as outclassed. That's over a 55% price premium for the Samsung chips for a less than three percent efficiency gain.

It's great to see more manufacturers be competitive! This is good for the market, and should reduce the $/TH for the miners all around.

Yeah but even at 5 cents electricity, it is gonna take 15 months (450 days) to break even. That is a calculation without shipping cost, PSU and VAT yet. At 450 days, they may never break even. Too many things can occur by then, assuming the miner even lasts that long...
Btc price rose 10x from last year to this year and this is the kind of low returns mining gives now. Btc is unlikely to rise 10x this year but difficulty is expected to rise more as stronger machines and more manufacturers appear.

Precisely. I personally always look at the effective coin ROI potential in a 12+ month window with fairly aggressive estimates, and many of those calculations show that it is better to buy the coins directly. Buying Dragonmints when Bitcoin was 15k+ at 2k a unit was a steal, not so much when the coin is worth less and the price of the machine is higher.

[philipma1957]

I wonder what asic builders will end up doing about gpu mining.

I purchased 2 full gaming miners for 4600.

Came with everything.  Inculding two 1080tis in each one .

They earn 15 usd. A day and use 750 watts a real major company with 1 year warranty.

Payback is about 320 days.

They would be worth at least 900   Each next dec.  That means 1800 profit So pretty competitive . I paid on Jan 28 and I am Mining today’s date is feb 9 so 12 day wait

Philip, right now mining is becoming abit of a scam as it is oversupplied. U may never break even u know. The last thing the industry needs is more mining equipment actually. Risks are too high.

I can not worry about breaking even.
I only worry about losing my profits.

The question for me is where do I buy for my power source.  I have 17kwatts at the solar array my cost is ½ the coins so I can mine at any price and still get ½ the coins.
Ie the solar array turns a profit at 1000 a bitcoin as my cost for the power is ½ the coins.  All my gear is paid off.

So I have 1 limit 17kwatts.

the others limits are dictated by coin price my garage can do 7k-watts in the winter and 2 k-watts in the summer  but low coin prices and high diff will affect me.

one other place to mine has a 2kwatt cap and cost is ½ the coins 

so 17+ 2 = 19 /2 = 9.5 k-watt of free power

2-7 k-watt of risky power.

So I always try to fill  that  9.5 k-watt for me and 9.5 k-watt for my partners correctly.   the 2-7 of risky power is different.

i.e. I can't lose out unless I expand way way way over the 50/50 power deal.  Asic gear sucks for me as the warranty is shit.  gpu is safer as warranty is longer.

[Sandal_Hat]

I wonder what asic builders will end up doing about gpu mining.

I purchased 2 full gaming miners for 4600.

Came with everything.  Inculding two 1080tis in each one .

They earn 15 usd. A day and use 750 watts a real major company with 1 year warranty.

Payback is about 320 days.

They would be worth at least 900   Each next dec.  That means 1800 profit So pretty competitive . I paid on Jan 28 and I am Mining today’s date is feb 9 so 12 day wait

Philip, right now mining is becoming abit of a scam as it is oversupplied. U may never break even u know. The last thing the industry needs is more mining equipment actually. Risks are too high.

I can not worry about breaking even.
I only worry about losing my profits.

The question for me is where do I buy for my power source.  I have 17kwatts at the solar array my cost is ½ the coins so I can mine at any price and still get ½ the coins.
Ie the solar array turns a profit at 1000 a bitcoin as my cost for the power is ½ the coins.  All my gear is paid off.

So I have 1 limit 17kwatts.

the others limits are dictated by coin price my garage can do 7k-watts in the winter and 2 k-watts in the summer  but low coin prices and high diff will affect me.

one other place to mine has a 2kwatt cap and cost is ½ the coins 

so 17+ 2 = 19 /2 = 9.5 k-watt of free power

2-7 k-watt of risky power.

So I always try to fill  that  9.5 k-watt for me and 9.5 k-watt for my partners correctly.   the 2-7 of risky power is different.

i.e. I can't lose out unless I expand way way way over the 50/50 power deal.  Asic gear sucks for me as the warranty is shit.  gpu is safer as warranty is longer.

I am referring to profit from the new investment. Old investment back then are sure to profit.