Dragon pickaxe

The Dragon pickaxe is the most powerful pickaxe in the game and mines ores more quickly than the Rune pickaxe and the Inferno adze. After being the subject of many rumours over the years, Mod Mark confirmed that it was in development on 5 March 2009 (see RuneScape Q&A - Further Answers). Dragon pickaxes were released with the Forgiveness of a Chaos Dwarf quest on 9 September 2009.

To wield a Dragon pickaxe, players must have an Attack level of at least 60. To mine with a dragon pickaxe, a Mining level of 61 is required. Wielding or mining with the pickaxe does not require completion of Forgiveness of a Chaos Dwarf. Dragon pickaxes are dropped by Chaos dwogres, Chaos dwarf hand cannoneers, and Chaos dwarves at the Chaos Dwarf Battlefield.

Price history
For the first month of its release, the Dragon pickaxe increased in price exponentially, multiplying several times in price. However, on 8 October 2009, 30 days after the release of the Dragon Pickaxe, it began to crash, after rising to about 19.3 million coins in 30 days from 4 million coins (the starting price in the Grand Exchange, set by Jagex). The effect is similar to the one observed when the Dragon Hatchet was released. The Dragon Pickaxe has had the third largest price spike of all time, the first being Granite blocks, the second being Dragon Claws.

Special Attack
The special attack is called "Shock" and drains 5% from an opponent's Attack, Ranged and Magic. This attack takes longer to perform than a normal attack.

Trivia

 * On the same day that the Dragon pickaxe was released, all other metal pickaxes underwent an unannounced graphical update.
 * Before the update there was an image in the RuneScape banner of a dual-headed dragon pickaxe. A similar picture is currently used to show the special attack in the Game Guide, despite the look of the real dragon pickaxe.
 * The Dragon pickaxe was released with a starting value on the Grand Exchange of 4 million coins.
 * In a few weeks, the Dragon pickaxe's Grand Exchange price rose from 4 million coins to over 19 million coins which is more than a 450% rise.
 * Strangely, some parts of the Dragon pickaxe resemble something made out of Obsidian, rather than Dragon.
 * On the day of release, the dragon pickaxe could not be found in the Quick Chat feature.