Topic: DragonMint T1 16TH/S halongmining.com - page 53. (Read 87776 times)

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.

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

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

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.

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.

I have yet to get any tracking info

If I don't sell them first... 

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.

Received DHL shipping advisory this morning. Things are happening.

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Moderator's note: This post was edited by frodocooper to remove a nested quote.

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

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Moderator's note: This post was edited by frodocooper to trim the quote from E.

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.

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.

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Moderator's note: This post was edited by frodocooper to trim the quote from Sandal_Hat.

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!

By right no more asics should not even be sold because ROI is way too long considering the risks involved. There is a limited amount to be earned as there is a limited amount of btc released every 10mins.

A price war would mean dragon lose, period. The other loser are all miners. It is the same reason why there are alot more D3 although inno dash miner is twice as strong. U cant beat bitmain on cheaper per TH basis.If price war occurs, the S9/T1 will be sold for less and less from 2k all the way to 550usd which is D3 price now...and no winner along the way. Right now, those who bought the S9 at 2k to 2k+ are already regretting because it would be far better if they bought the S9 now at 1.6k ish rather than at 2k ish. The thing is u think that u have an advantage if it goes into a price war and u get a machine cheaper, say 300-400 dollars lower? Nope. Everyone thinks the same and will buy. So, difficulty goes higher. And then machines can be sold cheaper again, say another 300 dollars lower? And more buyers come in, and same cycle repeats. This exact problem happened with the D3. It was sold at 5k, then 3k, then 2+k and then 1.45k....no one broke even because difficulty is too high and ROI is impossible.
I hope history does not repeat itself here..


With mostly 3 players for sha255, this is an oligopoly. Usually the leader sets the mkt price and the rest follows. They dont compete because they know custlmers only have 3 choices and there is limited demand. They keep prices at a certain level and make more money from higher margins though they sell less. If they kill it by selling at 550usd per miner lIke D3, they make say a 100-200 usd per miner? It is far better to sell less miners at say 1.6k-2k per miner but make 1-1.5k profit per miner. Then again, this crypto landscape isnt exactly filled with big experienced companies. So, nothing is for certain what can occur.

Just my 2cents.

anyway, seems like this guy already got something in the email as of today https://twitter.com/brianchoffman/status/978343506036043776?s=21

yes and it was a false alarm

it is a parcel post lite weight item

  I had an order from Amazon  and it is from that order nothing to do with this thread.

have you had a chance to check if dimensions/weight are similar to the miner box with PSU box

Sometimes it's better to make a little less on your units when you're new... it's more important to grab market share and exposure. Once you're established maybe you can earn a premium. If you can show you're worth it.

Yeah, Bitmain is gonna dump prices big time, IMHO. If it is a price war, Bitmain will win.

they made a lot of $$$ on scrypt-pow mining and not shipping for 4 months...doubled the difficulty..I expect the same type of games on a NEW

Sha-256 Miner by them....there will be a price war...so unless, I'm missing some deep pockets, I too believe that dragonmint prices must also drop

or they will 'retire' from the field of battle...

IF I was dragonmint....I'd drop the prices soon and get them out the door in a couple weeks..only the fleet of foot works for them ..being much smaller than

Bitmain.....if they can turn the price down and get stuff out the door in 2 weeks then Bitmain will not have everything their way for once and MAYBE

dragonmint could garner some units out the door in mass for say 4-6 weeks, and disrupt Bitmain's usual schedule of mining first and ship later.... on pre-orders

anyway, we will see I guess

I disagree sandal_hat. I think they will have to drop the price. Basic marketing dictates that. If all your competitors are dropping prices and you're the only one not doing so. You'll go out of business soon. A price war is inevitable at this point. This sort of reminds me of 2015 to be honest. Don't worry, time will tell if Dragonmints will be around.

My gut feeling tells me they wont drop it. If they go into a price war with bitmain, they will not win. They have 3 other different algo machines already, of which the decred miner that doesnt compete with bitmain, can be sold for the highest price. It is not like they can sell much now that sha256 algo has been flooded. Sha256 used to make more than Litecoin algo and now it makes less.