The Most Efficent Bitcoin Miner Is Coming from Halong Mining - Bitmain in Trouble ?

For last years Bitmain was top1 producer of bitcoin mining rigs and it seemed competitors wont show up due to high costs of creating chips and manufacturing of miners.

Current flag product is Antminer S9 with 13.5TH/s.


Today new company Halong Mining shown video of their prototype that is 30% more efficent than S9 and is going to be cheaper.

The machine mines at 17th on the video and promises at least 16TH.

While there is often vapoware with miners, this one has BtcDrak one of Bitcoin Core devs in team and clims to already spend 30 million dollars on testing this hardware.

So if they work as they claim, they are cheaper, use less electricity and have more mining power than Bitmain.

Some big users already claimed they did pre-orders on this.

And others claim more stuff is coming.

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BTC.com and AntPool are owned by Bitmain. Many people say that ViaBTC is also connected to manufactuer.

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As you see currently mining Bitcoin Cash is best and selling on HitBTC but if you are lazy just run NiceHash software for easy profits.

Connected Articles

IF you missed this two are connected to the topic:
https://steemit.com/bitcoin/@kingscrown/the-best-coins-to-mine-with-gpu-cpu-right-now-eth-algo-rocking-it
https://steemit.com/bitcoin/@kingscrown/want-to-buy-antminer-s9-from-bitmain-the-only-way-to-pay-is-with-bitcoin-cash

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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