I am thinking about the Jotunheim or the Mjolnir 2. Not sure of the sound differences between the two. Has anyone heard both or own both?
I own both and did an extensive test tonight with my LCD-4 of Mjolnir 2 with nice vintage tubes vs. Jotunheim vs. Mjolnir 2 with LiSST. The test was with a variety of music genres (classical, dance, blues rock, metal) using my Gungnir Multibit as DAC. Source was Tidal, 16 bit/44.1 kHz FLAC, played through Audirvana Plus on my iMac (Late 2014 Retina 5K 27") with Cabledyne Silver Reference cables, Wyrd, and an AudioQuest JitterBug.
Before I give you the results, please note that
this is only my opinion; I'm biased, like everyone else, and I haven't heard everything in the world.
Mjolnir 2 with tubes > Jotunheim > Mjolnir 2 with LiSST.
To my ear, Mjolnir 2 with tubes was the most exciting, had the best separation and imaging, presented the largest soundstage, and was slightly more resolving in all but the top end (where Jotunheim shines, in my opinion).
Jotunheim sounded very neutral to me and had a pleasantly detailed and shimmering high end that I enjoyed. I found it to be more resolving and to have a blacker background than Mjolnir 2 with LiSST while presenting similar imaging and soundstage. Compared to Mjolnir 2 with tubes, though, the soundstage was noticeably smaller and the imaging less precise, and the overall experience was less engaging.
Mjolnir 2 with LiSST was very similar to Jotunheim but with slightly less resolution, slightly less black background, and slightly less high-end presence, which probably contributed to what seemed like slightly less overall detail and separation. This is consistent with my prior opinion of Mjolnir 2 with LiSST compared to tubes; even with the Schiit-supplied stock tubes, Mjolnir 2 just sounds significantly better to me with tubes than it does with LiSST (and I have no particular preference toward either solid state or tubes in general).
BONUS: I also compared Gungnir Multibit to Jotunheim's DAC card, on a lark. I actually laughed out loud at how much better Gungnir Multibit sounded to me. It wasn't even remotely close. Of course, one might expect this to be the case.
This is not a criticism of Jotunheim's DAC necessarily, though, as it's not a fair contest and I haven't compared it to anything else.
Again,
this is only my opinion; I'm biased, like everyone else, and I haven't heard everything in the world.