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 Author Topic: DragonMint T1 16TH/S halongmining.com  (Read 84057 times)
crypto_curious
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 March 27, 2018, 03:22:42 PM

Just to let you know,
Efficiency number you have there are just in perfect conditions, or in paper.

For example, WhatsMiner M3 with original power supply can draw 2600W from the wall instead of what they claim 2000-2100W. Shocking misleading of customers.

Antminer with original power supply, 230V - around 1500W.

Totally different numbers! Forget about 3% difference, you can say they are exactly the same. And 50% more cost to own DragonMint Miner? No way!

Halong Mining claims that the DragonMint is "the worlds [sic] most efficient Bitcoin miner, operating at 16TH with AsicBoost technology inside for greater power efficiency...."

I decided to do the math and concluded that Halong Mining's claim is true as it relates to power efficiency. The DragonMint is 3.47% more power efficient than the AntMiner S9.

The DragonMint T1 consumes 1480 watts and achieves 16 Th/s.
16 / 1480 = 0.010810811

The AntMiner S9 consumes 1340 watts and achieves 14 Th/s.
14 / 1340 = 0.010447761

The difference in Th/watt efficiency is calculated as:
0.010810811 - 0.010447761 = 0.00036305

The percent increase in improved performance (measured in terms of Th/watt) from that of the S9 to the T1 is calculated as:
0.00036305 / 0.010447761 = 0.034749035
0.034749035 / 100 = 3.47%

However, let's compare prices. Right now, you'll pay \$980 more for a DragonMint T1 over the cost of an AntMiner S9. That's a 53% premium over the cost of an S9.

Current price for the AntMiner S9 (including PSU) is \$1864.00.

Current price for the DragonMint T1 (including PSU) is \$2844.00.

Is a 3.47% increase in hashing power efficiency justified by paying a 53% higher price over the S9? How efficient is that? You decide.

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Thetaj
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 March 27, 2018, 05:19:19 PMLast edit: March 27, 2018, 10:32:48 PM by frodocooperMerited by mindrust (2)

...

Ahh, I see why you're so gloom now. Well my man, All I can say is I have been where you are at today. Trying times indeed sure, but There is no such thing as easy money in the world. Sometimes someone gets lucky, sure! But thats not the norm. As far as we miners are concerned, its all about the long game. Efficiency, durability and electric cost. You can believe that a price war is definitely coming, do I feel bad about it? a lilbit, I bought my avalons at a super high price, then they dumped the price on my ass. But shit, its just the way it is, if they don't they're fucked too. So yea, I hope Dragonmint actually tries to use this opportunity to equally fuck Bitmain as well. After the dust settles, at least we'll have a better Bitcoin.

Moderator's note: This post was edited by frodocooper to trim the quote from Sandal_Hat.
dimaze
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 March 27, 2018, 05:28:00 PM

The pricing certainly doesn't make sense right now for their SHA256 offerings. 2000 for the dragons were steal when BTC was 15k+, not so much at these current prices. Other algorithms they had were fine and are trendsetters in their respective markets.

It's good to see other people reporting their orders are being fulfilled and these are all being shipped out.

I'll see if they'll send me a retail T1 unit for analysis and comparison, I'll report back here with regards to that.

Copper Member
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Cryptocurrency Miner in Los Angeles

 March 27, 2018, 05:31:01 PMLast edit: March 27, 2018, 10:34:45 PM by frodocooper

My batch 1 order (Order # 4xx) still shows status "Processing", as it has since I placed the order. I'll post here if that changes.

I'm in 4xx too and will do the same.

Moderator's note: This post was edited by frodocooper to trim the quote from E.
markoola
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 March 28, 2018, 04:34:21 PMLast edit: March 30, 2018, 07:15:11 AM by frodocooper

I'm in 4xx too and will do the same.

Moderator's note: This post was edited by frodocooper to remove a nested quote.
HagssFIN
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Electrical engineer (B.E.). Mining since 2014.

 March 28, 2018, 04:36:00 PM

Great news then.

After you guys have received them, I'd be happy if you come and share your first thoughts about the DM T1 units with some pictures.

markoola
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 March 28, 2018, 04:51:51 PM

If I don't sell them first...
philipma1957
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 March 28, 2018, 05:07:52 PM

I have yet to get any tracking info

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Biffa
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 March 28, 2018, 05:50:08 PM

Currently my experience is similar to other manufacturers in the past, in that their ability to get the paperwork done and tracking numbers entered into their system is lagging behind the shipments. Heck even bitmain still does it now and then.

Now I may be being very generous to them, but that's the feedback I am getting from their support team, and given ck's involvement I'm more inclined to give them the benefit of the doubt that the hardware exists.

Obviously hardware existing is no guarantee of it arriving in a timely manner.

Unfortunately mine are not arriving into my hot little hands but going to a datacentre, I'll ask them for some unboxing and setup photos/videos if they have a chance.

Mine at pools that pay transaction fees & don't mine empty blocks :: kanopool :: ckpool ::
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Cryptocurrency Miner in Los Angeles

 March 28, 2018, 07:59:26 PM

Just wanted to update the thread that I got my DHL tracking information today from Halong.

Unfortunately it just shows "Shipment information received" so far, but I'll update again if I get an actual shipment notification from them.
E
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 March 28, 2018, 09:11:58 PM

Just wanted to update the thread that I got my DHL tracking information today from Halong.

Unfortunately it just shows "Shipment information received" so far, but I'll update again if I get an actual shipment notification from them.

I just logged in to post the same thing. Just received the following from DHL. My order status on halongmining.com is still "Processing".

Quote
DHL EXPRESS

The following 6 piece(s) have been sent by Tina Ana
from Shipme Limited via DHL Express on 28-Mar-2018 via AWB# [redacted]

DHL customer service office or visit the DHL Web Site at
http://www.dhl.com.hk

If you have a Web-enabled mail reader, click the link below to view shipment tracking
details:

http://www.dhl.com/cgi-bin/tracking.pl?AWB=[redacted]

SHIPMENT TO:
[redacted]

SHIPMENT FROM:
Shipme Limited
Tina Ana
TCL Tower

NEW TERRITORIES

Hong Kong

SHIPMENT CONTENTS:
DragonMint Bitcoin Miner and Switching Power Supply

SHIPPER REFERENCE:
Halong [redacted order number]

RECAP

AWB:[redacted]
WEIGHT:26.7
PIECES:6
CONTENTS:DragonMint Bitcoin Miner and Switching Power Supply
REF:Halong [redacted order number]

Thank you for requesting DHL Express for your delivery needs
philipma1957
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 March 29, 2018, 11:06:40 AMLast edit: March 30, 2018, 07:21:39 AM by frodocooper

I have not been given a tracking number for the demo even though I gave my shipping info to 2 different sources .

I will post if I get any new info.

Moderator's note: This post was edited by frodocooper to remove a response to a now-deleted redundant discussion.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Igor1904
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 March 29, 2018, 02:23:08 PM

Today I've got an email from halong mining :

"Due to shipping carrier delays resulting from the upcoming Holiday, orders for the B-series miners (B29, B52) will be shipped April 3-4th instead of Friday, March 30 as we had hoped. We apologize for the delay and will update you with your tracking information via email once your order has shipped.

Richard Hogan
Halong Mining"
Sandal_Hat
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 March 29, 2018, 04:16:29 PMLast edit: March 30, 2018, 07:23:50 AM by frodocooper

I have not been given a tracking number for the demo even though I gave my shipping info to 2 different sources .

I will post if I get any new info.

I suggest u call DHL instead. Their service is really good, can probably fix it in a quick call. I had my few issues in the past fixed very quickly.

Moderator's note: This post was edited by frodocooper to remove a response to a now-deleted redundant discussion.

Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
philipma1957
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 March 29, 2018, 06:19:10 PMLast edit: March 30, 2018, 07:24:50 AM by frodocooper

I suggest u call DHL instead. Their service is really good, can probably fix it in a quick call. I had my few issues in the past fixed very quickly.

not  sure if they can help  I was never given tracking info from MyRig or Halong  I just gave them my shipping info.

My guess they got busy and spaced it out.

Moderator's note: This post was edited by frodocooper to remove multiple nested quotes.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Bob-Bit
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 March 29, 2018, 06:20:41 PM

So Halong are people going to have to wait for their miners? Ba dum tsckkk...

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Sandal_Hat
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 March 29, 2018, 06:24:44 PM

So Halong are people going to have to wait for their miners? Ba dum tsckkk...

I guess is best to wait for people in the thread to receive and put reviews with pics and videos first. It is probably a few days more only.

Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
HagssFIN
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Electrical engineer (B.E.). Mining since 2014.

 March 29, 2018, 06:35:37 PM

It is a big bummer if Halong/MyRig doesn't send a demo unit to Phil for his review after all.

E
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 March 29, 2018, 07:53:56 PM

So Halong are people going to have to wait for their miners? Ba dum tsckkk...

I guess is best to wait for people in the thread to receive and put reviews with pics and videos first. It is probably a few days more only.

My shipment now has a delivery day estimate of April 3rd. It has departed the sort facility in Hong Kong. As long as there are no Duty/Customs delays I'll put pics up on Tuesday.
itzazkrit
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 March 29, 2018, 11:04:31 PMLast edit: March 29, 2018, 11:15:17 PM by itzazkritMerited by suchmoon (1)

here you go kids, dragon unboxing.....

https://www.pscp.tv/brianchoffman/1mnxeXWPVdbJX?t=5s
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