Topic: DragonMint T1 16TH/S halongmining.com - page 54. (Read 87857 times)

I got a postal tracking number today that may be the dragon mint or not.

as for price  2800 needs to go lower.

IIRC  the Nov. black friday price was 1500 or less

bitmain dropped s-9 price
avalon dropped 841 price

got to figure the dragon mint will drop price.

Ahmen.

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Moderator's note: This post was edited by frodocooper to correct erroneous quote formatting.

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.

Best to just wait for units to be shipped and the review. Better to not place any new orders first until all that occurs. It is not like mining is making much profit now. No hurry.

I am now convinced that I will receive the DragonMint miners that I ordered in January (Batch 2). The primary reason I believe so is that -ck posted comments in this thread that convinced me. Slush Pool and Jan Čapek's tweets also helped to convince me. (See https://twitter.com/slush_pool/status/977499667985518592 and also https://twitter.com/janbraiins/status/978348386255556608.)

My getting to this place of (qualified) trust in the DragonMint was a long road. I know that -ck is a real person with an established track record. I agree he's done great work for the community, and I trust him. On the other hand, what Halong Mining said -- or, rather, what Halong didn't say -- didn't help me at all.

Having said all of the above, it remains clear that Halong Mining is not operating in the way that legitimate businesses operate for all the reasons I've stated in this thread. Even so, I recognize that, despite all the valid issues many still have with Halong Mining, it may deliver to us a functioning miner. It's a shame that Halong has chosen to operate in this unacceptable manner, because the industry is ripe to see competition against Bitmain. The angst that Halong Mining has caused its customers by outright refusing to provide proof of product, its lack of transparency, and its lack of compliance with business norms is inexcusable. Halong Mining has destroyed its own brand equity. I will absolutely never buy from Halong Mining again.

no worries they will.

as for trusting -ck or  someone screaming scam scam scam  I know who I trust. (-ck)

The gear exists and we soon shall see how the service is.  Which is more important since asics are getting closer to the silicon limits.

and I have been deleted from this topic 17 or 18 times and I can post all the messages I am pretty sure -ck was not modding me it was frodo

and most posts were off topic.

Yeah part of this thread discussion is so stupid,
I don't think we have to suspect -ck's integrity after all the good job he has done for the community.

I think that Halong and MyRig are legit and can be trusted, but I would love to see two things:
I would love to see Halong open that secrecy curtain and act in quite same fashion as Canaan.
I would love to see Phil receive an unit for review* (*typo brainfart fixed). Hopefully they send him one soon.

Censorship policy, that's a good one. We call it following the forum rules, and I'm not the only moderator here and don't recall doing any moderation of this particular thread either. Buuuut if you don't want to believe someone who has a public profile that can be tracked down to their home address that's been on btctalk for almost 7 years and a decade before that in linux kernel development in the public eye and ... all the rest, that's your call.

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.

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

Have you not noticed the ridiculous and incredibly inconsistent behaviour that character's been displaying?

A few weeks back he was calling for an algorithm change to save us from miners. Then he decided BCH, with its one and only miner, was now Bitcoin after all.

Whatever cred was once there is now lost in a fog of doubt and drivel.

Per Telegram -- by Drak - "All March T1 orders should be shipped by Tuesday 28 March" Yeah I know, Tuesday is the 27th... Most people are being told all shipping will occur between today and tomorrow for Batch 1 of DragonMint T1/T16 (same product).

Don't worry about him. He has been bought by the one and only Roger Ver. Just ignore Cobra!

How do you know if this the original cobra we knew? (owner of this forum and bitcoin.org) I am asking this because the twitter account associated with cobra was created only a few months ago (Oct 2017) and he is talking nonsense too. Tbh, he acts like a major troll and I think these are just fake accounts created by Bitmain/Roger to fool people.

I wouldn't take anything seriously coming from these accounts unless theymos himself confirms that he is him.

https://medium.com/@CobraBitcoin/i-think-halong-mining-is-a-scam-682e678928e6

^Seems cobra-bitcoin seems to be calling out ck in this thread and others. Given Cobra is the co owner of this site and CK's notorious censorship policy of this section (I've been a victim myself), I am more inclined to believe Cobra at this point in time....

I have 10 on order in batch 1. They have been quick to respond to my inquiries about the late shipment and supposedly my order will ship today. I'll follow-up again tomorrow if I don't get a tracking number. As soon as I get mine up and running I'll be sure to post a review and photos to put people's minds at ease. Hopefully someone beats me to the punch though as I wouldn't mind my mind being put at ease sooner.

No one has shown a clear review of the gear.

I have been contacted by both Halong  and MyRig about my shipping address which I have provided to both of them.

I am hopeful to get a tracking number from them this week.

Halong has posted on there twitter page retweeting people that have picked up by hand in Hong Kong it looks like.

Has anyone got an update for batch 1 shipping?

Correct me if I am wrong, but there is no one who has received  substantial delivery of T1 in the field?

Best to just wait for phillip review. There are others who have also said they have not received their dragonmint on twitter. It is probably real but it is better to be prudent still. Slush tweeted that their EH went above 3EH but it is about 5% below 3 now which is abit odd.


If inno is dragon, it may not want to associate itself with dragon. The dragon T1 competes with bitmain S9. Inno probably doesnt want bitmain retaliating by flooding their current algos with competition. Thus, it would be best if it was someone else competing with bitmain. This is on the assumption that it is real. Currently it is still vaporware. Online posts are the only evidence of its existence.

With this information, I trust in YOU -ck, (goddammit as much as I hate corporate bullsh*t) that it was found. However,  if  you(user) use this "asicboost" technology,  use it at a Pool that gives 2 shits about the Health of Bitcoin!!! I cannot STRESS that enough.

Slush is GONE!!! IT'S NOT his pool!!! Stay Away From Corporate Pools!!! YOU WILL LOSE PROFIT!!!

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