Decred is an autonomous digital currency which is built to last. Their development activity and quality are among the best in the space. They have an innovative hybrid Proof-of-work(PoW) proof-of-stake(PoS) consensus rating system with a censorship-resistant blockchain-anchored public proposal platform. With its rising popularity, there is a rising demand for its mining. Even though mining can be done by GPUs, ASICS are more energy efficient and faster.
DragonMint B29 Blake256 ASIC Miner is a specialised ASIC Miner for Decred(DCR)
About Halong Mining DragonMint B29 Blake 256 Miner
DragonMint B29 Blake 256 is designed for the Blake256 algorithm supporting Decred and other Blake256 coins. It is capable of delivering 2.1 THS Blake256 hashrate with just 900 Watt power consumption.
The B29 is quite expensive at the price of $5,400 USD and has a potential of generating a profit close to $180 USD/day. This makes its ROI close to 2-3 months. This is because the present network hash rate is 1,500 Th/s but its expected to drop below 1,000 Th/s with the release of its competitors Obelisk DCR1 and Materia1 Decred.
The machine weighs 6kg and has the dimensions of 310*124*155 mm.
DragonMint B29 Blake 256 Miner Conclusion
Dash and Sia saw difficulties in their ecosystem when specialized pieces of equipment to mine those coins were released. For example, Antminer D3 for Dash was expected to mine 34 Dash per month but it dropped to 2 Dash/month when many ASICs flooded the market.
If Decred faces the same problems, B29 will produce somewhere around $30 USD per day, which means 10 month ROI. This makes DragonMint B29 Blake 256 an average investment, not very attractive, however, not a loss-making machine too.
You can learn more about the product on Halong Ming’s website https://halongmining.com/shop/dragonmint-b29-blake256-mine/ .