There’s been a lot of skepticism aimed at the company Halong Mining and its machine the Dragonmint T1. The firm announced in November of 2017 that it would be distributing its Dragonmint devices in 2018 and stated its miners would be the most efficient machines on the market. So far, after all the controversy, some Dragonmint miners have been delivered and reviews show the machines do produce close to 16 terrahash per second during operation — but the rigs are not even close to being 30 percent more efficient than the S9 as claim in November.
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Myrig Mining Distributor Claims Samsung 10nm Chips Power Halong Miners
This week cryptocurrency enthusiasts have been talking about the new Dragonmint device, a SHA-256 BTC/BCH miner produced by the firm Halong Mining. On April 10 the mining device distributor Myrig stated on Twitter that the company Samsung and its semiconductor technology is “what powers Halong Mining DragonMint T1.” According to the owner of Myrig, the application-specific integrated circuit (ASIC) designed by Samsung is a 10-nanometer (nm) design.
“Yes Samsung, and Yes 10nm — I’m sure someone had seen some news in the past about it from big foundry about bitcoin and cryptos,” reveals Myrig’s tweet.
Cobra Apologizes
Samsung revealed it was building ASIC technology for cryptocurrencies back in January of this year. News.Bitcoin.com reported on the firm’s foundry producing these ASICs for an “unknown Chinese mining hardware manufacturer.” Reports stated that Samsung was developing both GPU and ASIC semiconductors, and the technology would feature 10-nm chips. On the Halong Mining website, there is no mention of 10nm chips being utilized in any of its