Bitmain, located in China, has long been at the top of the list when making it comes to mining equipment for those who want to mine Bitcoin. The company offers a wide range of proven equipment, which tend to be good options for those who are just beginning in this field. However, there have been a number of other companies developing products that can rival those from Bitmain, such as DragonMint from Halong Mining.
Options from Bitmain
Because Bitmain has been in the business for so long, you will find that there are many different options and models available from the company, and those models have a range of price points – from a few hundred to around $3,000. Because it is possible to get started with some relatively small models for a lower price, many beginners choose to work with Bitmain Antminers.
Some of the models available include the Antminer X3, Batch 3 and Batch 4, along with the Antminer S-9-13TH/s with a PSU, the Antminer D3, and the Antminer A3. They continually work to create new products and improve their models in an effort to stay ahead of the competition.
They tend to be stable and reliable machines that are relatively easy to set up and start using to mine for Bitcoin. While they have plenty of benefits, there are some out there who have bought the equipment directly from the company and who have had issues with the customer service.
What Does DragonMint Offer?
DragonMint, from Halong Mining, is a new ASIC miner that has a lot of potential. The company claims that it is the most efficient Bitcoin miner in the world, and that it will not only run faster than the other options on the market, but also cooler thanks to the dual variable 6000 rpm fans. This will mean increased power efficiency. The device has a hash power of the DragonMint 16 THS, it works via an ethernet port, and consumes about 1205W.
The cost of the machine on preorder was $1,595, but it has increased in price since then to around $2,000. It is also important to note that it does not come with a power supply. You will need to add a power supply that will work with the machine.
This is a new machine that has just come onto the market, so it is not entirely clear yet whether it can outshine what Bitmain has available. However, many are hopeful, and have started to use the Halong Mining DragonMint, hoping to see some good results.
What Is Right for Your Operation?
As mentioned, it’s still too early to tell just how effective the DragonMint is going to be. When you are making your choice between the different devices available, you will want to make sure that you take the time to consider your budget for the device, as well as the overall power consumption. Consider the ease of setup and use, as well. Find the Bitcoin miner that is going to work best for your particular needs.