There are of course the Canaan Avalon miners and the Ebit E9 miners already available, though they are also hard to get, just like the Antminers from Bitmain lately. What makes this announcement even more interesting is the fact that one of the Bitcoin Core developers — BtcDrak seems to be directly involved in the development of the miner and with Halong Mining who developed it.
According to the initial information the project has been started quite a while ago with a lot of people contributing and with a serious investment in order to be able to bring the much needed competition and innovation to the Bitcoin mining arena.
If you are wondering what is the catch here, well the new miner is not yet available for sale, it is expected to start shipping in March or in about 4 months from now.
As with all other pre-orders and promises for a new product that is to start shipping in the future it is advice to proceed with caution, especially in cases such as this one where it is from a newcomer in the crypto space amd bitcoin miner company! DragonMint 16T Specifications:.