Bitcoin Forum

GOOD DAY GUYS

WAITING TO HER FROM THE EXPERTS WHAT WILL YOU PREDICTION FOR DASH DIFFICULTY BE IN NOVEMBER?

CURRENT DIFFICULTY IS  ~ 731856.214

THANKS

Well, go off of the expected network hashrate to be around there. November you will probably see a network hashrate of 75 TH/S + on the low side. Easily 100+.

How do you get to that figure ?

Figure is based on all the new ASIC Miners being released. Ibelink over 500 at 11 GH/s for first batch. Thats 5 TH/s, Bitmain with hundreds sold per batch, and by November they would have had atleast 3 batches sent, and others set to release. With just the first batch of ibelink there was already over 5 TH increase nearing 10 TH and not many have received yet.

DOES ANYONE KNOW HOW MANY D3 MINER WERE RELEASED IN EACH BATCH SOLD BY BITMAIN?

Do the new miners just mine DASH? or x11 algo generally? Are they easy to configure for other coins?

If not, DASH will soon be at BTC levels for mining. ::)

Or Nicehash will make a lot of lazy coins.... :o

Take these into account now..

Shipping starting in 2017/08/25 ~ 2017/09

Specifications:

HashRate: 17000M(+-5%)
Power: 820W (wall power +-5%)
Dimensions: 28cm x 18cm(h) x 15cm(w)
Weight: 5KG
Interface: Lan(100m/1000m)
Fan: 2 x 14038 Double ball fan (55DB)
Operating temperature : 0℃~40℃
Mining Software: Custom CGminer
What’s new in this model(DR-100):

DR-100 is the improved model of DRX ASIC X11 Miner. Redesigned structure to bare with the worst transit condition. Also, faster and more energy efficiencies by comparing to DRX.

For major customer purchases, please contact

tomasen@pinidea.com

I have seen an estimate (that seems believeable based on batch sizes for the L3+ and relative chip counts) that there are about 7000 of the D3 sold so far.

 AKA over 100 THash for those ALONE - then add in the IBeLink DM11G units that were sold AND ARE SHIPPING - I'd bet on DASH network hashrate pushing close to 150 TH/s by the end of October when all of the D3 units that have been SOLD so far are shipped and running.

 Is there a link on the actual Pinidea web site to a new miner?
 I've seen rumours a couple times before but the only links I have seen TO DATE were to scam websites.


 Also have to wonder how many A5 units Innosilicon has managed to sell - though with CURRENT D3 pricing I'd bet the A5 sales have pretty much died for the time being.



 ALL ASIC that have been released for "DASH" mine X11 - so they work on ANY X11 coin. The Baikal units also support X13/X15/qubit/2 or 3 other algos so I have a feeling a lot of those miners are going to end up moving OUT of X11 by the end of the year as they probably won't be able to mine X11 coins at a profit any more except on FREE electric.

https://shop.pinidea.io/index.php/product/asic-x11-miner-dr-100/

Pinidea.io is their official site. Is legit unfortunately.  8.7k though..

These statistics are real. So x11 is not going to be a thing for me. It is going the same way as SHA 256. A lot of people are going to get burnt with the preorders. It's not a though they can be converted to anything else. :o

 Yeah that's official enough for me - and they're priced almost as bad as the Innosilicon A5 for a LOT worse performance and efficiency.

 They're going to have to drop the price down under 1 Bitcoin if they expect any sales at THIS point.

 I also have to wonder if ANYTHING is going to be able to achieve ROI except the IBeLink DM11G and possibly the FIRST D3 batch....

Ya how the hell can they sell a 17GH miner for that price. Theyre probably gonna go out of business with BitMain in the X11 game now

So true and with D3 the hash rate will sky rocket. I am assuming the difficulty rate will go to at least 1761130.155 then you will roughly make 40$ a day with diminishing results fast. By the month is over you will make roughly 600$ in the first month, next month 350$ with the power cost. I guess it will be hard to recuperate your cost of hardware in two months. Thats my 2cents, I might be wrong though. The only positive side if the DASH price also goes up to 400 or so. Then you can be in business for long, otherwise is a loss scenario. Thanks

Current total network hashrate is only about 1,000 D3 level, so I highly suspect that by Oct when there would be thousands of D3, 22G, A5, 17G...total network hashrate would be at least 10x today...so difficulty?
 ;D ::) :-X :P ;) 8) ::)

A difficulty will be.....................a lot. It is impossible to say but I cannot see that the value of dash is going to come with it in parallel. Is there any scenario where this can happen? There must be an equations somewhere.......... ???

It's a scam, it doesn't deliver. That's why they are offering no warranty.

Answer:

http://nineplanets.org/images/themoon.jpg

Happy to only manage to buy 1

lol, shitstorm galore

I don't think the hashrate will explode so much. I suppose the machines which are now being sold are already mining for Bitmain ... and will be mining until October. Units will just change their location. Bitmain guys are not stupid.

What is the current difficulty rate of dash ? checking different sites and all giving different answers

deciding if i must buy a D3 or not

oh so now they want our money?  ::) i imagine Pinidea will be the first to throw in the towel. They've made some money by selling directly to farms and mining on their own but that money won't be enough to compete with Bitmain and Inno unless these giants exit.

 Not likely - Bitmain doesn't usually mine with their units more than a few days before they ship them, when the units are selling like hotcakes (HashNest units excepted).

 The current jump in total network hashrate for X11 is easily explained by A FEW of the IBeLink DM11G units being shipped and installed, plus the probable final shipments of the Baikal giant and cube models.

This is the same thing that is in my mine, i posted basically the same theory  on a local FB cryptominers page in my country. I received an epic amount of bashing and got kicked out from that group.

Today Dash hashrate is over 29T and difficulty is over 1.8M. Bitmain is already mining with the new D3 and then will sell the september batch when diff over 2.5M, at this point the ROI will be in 6 months, maybe.

I've been looking a bit into Antminer D3 and although im newbie to ASIC, i do like to do my research.
Looking at the previous 2 months difficulty increase for Dash is ~200% per month or ~20%/week
Am I correct at assuming that "best case" the trend will continue, even though knowing that all the D3 and A5s coming online ~ end of september

So far not looking good for any D3 aftermarket sales for over $4k

https://i.imgur.com/6UFklbR.jpg

one month ago, on August 3rd, Dash Network Hashrate is around 13 TH/S to 14 TH/s,
and in just 30 days, today, Dash Network Hashrate is around 32 TH/s to 33 TH/s  :o :o

and what the monster miners are in market now? only the iBelink 10.8G, and first batch Antminer D3, right?

So in November, when there are 10.8G, 22G, 17G, 15G, 30G in the market... :P i guess Dash Network Hashrate  would be 100 TH/s at least ::)

Cany anyone answer these based on predicted difficulty rise

Bitmain D3 first batch ships on 15 to 18th Sep
Based on difficulty rising estimates what would be expected Monthly revenue on D3 15GHs, iBeLink 11 GHs, ?


Bitmain D3 2nd batch and InnoSilliocon 1st Batch and iBeLink batch all expected to ship in 2nd week of October
What would be expected Monthly revenue on D3 15GHs, iBeLink 11 GHs, Inno 30 GHs, iBeLink 22 Ghs ?

Who is the Einstein in the room who will answer this  ;)

Think i now regret buying 6 D3 on the November Batch..

lets just hope that those altcoin will price will skyrocket too... obviously the network hashrate will skyrocket... from aug to sept dash did increase base on just ibelink10.8g... dont give up and what i personal think is get your miner and mine as much as possible and try to keep for at least 3months up to see how the altcoins price goes up then sell it off so u should probably get faster roi than just mine and sell on the same week or month... i believe altcoin price rise against network hashrate should be maybe at least 20/80 percent? and lets hope those @$%@# will stop selling 2-3 batches of new miners in 1 month... it might slow down abit... sighhh...

Hash rate is now already at more than 32 TH/s - doubled in 1 month. Reward with 1 Antminer D3 down from c. 160 to c. 120 USD per day. Still that's around 12-15 days payback time (depending on the price of energy, shipping costs and taxes).

(I see Antminer D3's at double the buying price - and that's for the (end of) October batch.)

If hash rates double again this month and again in October, rewards might be just about 30 USD per day. If prices do not increase.

Any thoughts?

The admins and mods of that group are kind of known for kicking people out of the group, it wasn't like this before... The increase in members from this year alone was astonishing (from 1k to 20+k today?). Thats why I choose to just lurk  ::)

Huh. Guess the miners will have to find a new coin.

I like how everyone expects to get $10000 in 2 months by buying a $2500 miner. It looks like October is a great batch considering Bitmain and everyone else will be testing September and profits will drop. Might as well buy $1000 less right?

Correct for those who purchased for $2500, but those who trusted iBeLink and paid $6K plus add customs etc it comes to $8k, similar case with Inno miners
iBeLink took advantage of time and tricked miners into paying more , so is the case with Inno.

Bitmain is nice that atleast they started batch with reasonable price of $2500, so its great for people if they recover their price in even 1 or 2 months. Good work Bitmain.

hello guys, i have an account with 30x Antminers D3 and 30x PSUs  - unpaid valid orders - made on 05.09.2017, to be shipped from 21.11.2017 if anyone is interested send me a PM.

http://imgur.com/gallery/pzSxV

∞

I believe Bitmain already has all the hardware at hand for this years shipment. If they want, they can ship all at once but I know they will not. Nov batch is currently available but I don't see returns for that batch in 6 months (That I feel is still optimistic).

Everyone presume that Bitmain is stupid.
They are a billion $ company they make more money mining then they do selling miners. I don't think they would sell so many that it becomes unprofitable when they are also mining??
Just a thought as they are one of the biggest miners I don't think they would destroy their own income.
However if you expect to make $1k+ profit per month by end of year you are crazy. I think about $4-600 per month

Hashrate is already over 50THS today, so that should tell you, expect to see 200THS by November. If ppl keep buying, this will go easily over 2PHS by June 2018, which is why I have stated in my own topic that by June 2018, this thing is obselete

It will be higher then it is today.

Word of advice based on r&d on this legendary forum:

"Only buy first batch of ASICs if you want fruitful profits"

I agree with BitcoinExplorer

Did you buy one? I'm not considering it a month later with current monthly generated at around $2300. Now I see why it's worth it to pay more on eBay lol

Difficulty will be increase may be 100x than now as quickly as D3 will begin mining
and with Difficulty increase price will increase also
Good Luck

I think near the end of November dash difficulty will be around 10M.

Slow down with the X100 diff rise.  That's a lot of chips that no one has even if they wanted.  Can't assume that diff rise than price rise.  They are not tied together.  Maybe coincidentally they do but that's all it is.  Although everyone hopes the price of x11 coins rise including me  :D

I'm new to mining and I'm trying to understand this.  

So using that assumption in "https://www.coinwarz.com/calculators/dash-mining-calculator/" and halving the current block reward

Difficult: 10000083.13284920
Block Reward: 0.90147602

Product: X11 - 15GH/s
Hardware Costs (USD): 1600 incl PSU and shipping
Power Cost ($/kWh): $0.12
Power (Watts): 1200

Earning:
Annually:  9.92861277 DASH coins
Annual Profit (in USD) after pool fees plus electric:    $2,267.83
After Hardware costs: $667.83 a year.  

So a return given the assumptions above for a year is $667.83.  

And I just got two of these machines from the last Nov batch....smh...my payback period is going to be non-existent   :'(

hi, can anyone explain why the difficulty is lower in the same day??? i use whattomine site..
see this pictures that I take today.
http://www.nodecrypto.com/uploadimg/DASH2.jpg
http://www.nodecrypto.com/uploadimg/DASH3.jpg

It is almost as if difficulty increases 1M by day.
https://bitinfocharts.com/comparison/dash-difficulty.html#3m

If Dash price doesnt increase, which X11 coins do you guys recommend to mine instead?

Holly junk dash difficulty is already 6mm. Good by ROI Hello depression.  >:( bitmain flood and IBELINK has not even shipped yet I dont think.

Don't worry there is no ambiguity in your calculations. you are correct we got robbed.  Just to pt you at ease

Ditto

hey, don't you see the hour in the pictures?????? I said the difficulty is lower on 17:00 pm that is was on 9:00 am, why is this happening?

Saw that on Mycryptobuddy also. I think its alot of beginners trying to figure out max profit. So switching pools, On/off, some on some off, some on diff coins, countrys with load shutting, electric price spikes ,manufacturer testing, etc , etc (east coast 5pm is 5 am in china 9pm is 9am).

So, if not Dash. What else?

X11 is pretty much dash or nothing.  We are all in the same boat fighting for the same meal.

So you admit it. Your eating my lunch. U bully. 😅😫. More coins will come i suspect. I guess we will be long term miners.

I think the sellers Bitmain Iblink even Inno are mining with the hardware before shipping like they
always do

After first batch earnings drop to 1/3 i don't want to think about third batch. Dash mining will be non profitable after november.
Also baikal is going to start first batch of x10  on october this will rise difficulty again. mining is death for dash.

things that will pop online in October & November::

Innosillicon 30gh/s units
Ibelink 22gh/s units
Baikal 10gh/s units
Bitmain batches (2x 30000 units? or was it just 30000?)

There is no guarantee of price rise when the difficulty level increase. It will depend upon the market situation at that time how the cytpo market is. If the btc price continues to rise then the dash price ideally should rise and vice versa considering the btc and altcoin moves generally in same direction though there may be exception of coins to this.

Can anyone help me understand is there a sense to mine Dash on GPU or not? Of course Asics are much better, but unfortunately I don’t have the opportunity to buy them. I believe that Dash is a promising coin, that’s why would be glad to mine it. Although seeing how the difficulty rises, it makes me think that GPU mining on Dash is no longer profitable at all.

X11 algorithm has a very high difficulty now, so no, there's zero point mining with GPUs.

People are discussing the new D3 miner from bitmain, which generates 15GH/s. Not sure what a GPU can do but it ain't that!

When the new miners hit it's going to jump so high people will realise it is not worth mining anymore.

At current moment, the d3s are still looking good for november ship. But also very interested to see whats going to happen this month with dash hash network.
I have a few coming from bitmain for end of november batch..  so my fingers are crossed, and hope everything will work it self out. Im gonna stay positive and hope the difficulty wont spike too much.

+1 here same batch but i think we are f*cked buddy. In last month total net hrate goes from 35.2 to 208th ???;and there are still many paid units not connected yet...

Learned lessons:
-Bitmain policies sucks. So b*tches...Hopefully new competitors in the game like GMO will wreck them soon or later...
-Never trust profit calculators and ROIs
-This is just gambling

I think the only thing can save us is the possibility that new x11 coins appear...

Haha i still dont believe it will be too bad.. i mean we picked these up for a very good price for november batch.
Sure, there wont be fast roi with these units. But for the price vs gh/s. Its a great buy.
Either way, my fingers are still crossed. And praying everything works out..worst case scenario, keep mining till a new x11 coin comes around. Helium soon, and maybe something beginning of 2018.
Or a unicorn comes around and bless us with a new firmware to mine other algorithms on the d3.  Hahaha! That would be awesome.. in reality, most likely not thou.

at some point in time the mining results will balance itself. the first days were crazy profit but now its getting less and less.
in november it will be barely profitable if you pay too much for power you will pay on top.

but if you stick with it and the price surges up like earlier this year, you will be golden.. high risk, high reward, it will be a nice ride :)

I totally agree! Mining always has worked itself out. And as long as you stick to it, keep running your machines. It will most likely pay off in the long run.
If you have patience and hold on to your rewards, instead of liquidating it right away. You definitely will have a higher chance to make a nice profit.

Also depending how you paid for the hardware of course. If you used coins to buy hardware than you mightve been better off just holding those coins. But if you used fiat to purchase your order, you have a better chance of making a profit. So all depends how you play the game and calculate your investment wisely.

Nice how many antminers have you've had experience with?  What are the odds that our miners will be unprofitable on arrival?  I think that's most peoples fears, especially noobies to asics like myself.

Yes .For mining you no need to work at all.The is going to work for you and you are going to get a profit for the money you inversed for the machine.In this base is very important.If you find most advance machine for mining you will get good profit from it.Only thing is you are going to inverse a huge capital for huge profit.

The price for this batch was the factor made me not think and press ''buy'' hahah
My fingers are crossed too #PrayForUnicorns  ;D

The difficulty will be higher once all these miners come on board, with the drop in price too i would be very careful about buying any dash miners

Anyone know why difficulty has more than doubled in the last 24 hours or so?

https://imgur.com/QI5qhKR

over 20 million easy

I have a few different asic miners, from various manufacturers.
I have yet to recieve any hardware that can not produce more coins vs electricity cost if thats what your asking?
I guess it will be unprofitable if your electricity cost is more than what your machines can earn?
Been very fortunate to recieve orders of hardware that has ROI already long ago, and im collecting free coins daily from them now. Also have machines running that has not yet hit roi, but gpus do have resell value  ;)
From my short experience so far, coins are accumulating daily and heading towards roi in due time, some batches taking longer than others.
One thing to remember is to NOT buy from resellers with a super high mark up price. For sure that will never be worth it. I also use fiat to purchase my orders, and hold on my rewards for long term. So that also helps.

100% TRUE.

Put your feet on the ground, 3-4 months for ROI is absolutely amazing, we cannot become rich buying a miner, the best way is to reinvest again and again and again..... if I get 300$ bucks/month/miner i'll be the happier man around the world.

I've bought 4 1080TI for mining ZCASH in July and the ROI is calculated in 6-7 months.... , the actual numbers for a dash miner are very good if you bought to bitmain or baikal directly, not resellers.


A lot of miners received this week. A friend just received 1 yesterday.

"I have yet to recieve any hardware that can not produce more coins vs electricity cost if thats what your asking? " -> Looks like D3 is going to be the first one...just got 10 units of this sh**

Everything will balance out over time. You'll make a decent amount even 8 months a year from now.

Will it recuperate at all? i am beginning to doubth when i am loking on the predicted difficulty.

So your telling me your 10 unit d3 is burning more cost in electricity than your producing? So they must be sitting there not plugged in. That cant be true unless you have really high electricity cost.
Should be producing around 17usd dollars a day right now no?
If thats true i make you an offer, ill take them all off you for half price. And thats a favour if your saying your electricity cost is more than your producing.

Dash plans Dash- Evolution Alpha at the end of this year. If that gets through and there are more transactions, it will get better.

From my circle of friends, nobody does anything with coins. If dash evolution is an alternative to paypal and co, it has a future and many will use it.
I will also use it in my shop if the fees are cheaper than paypal. And they will be at the beginning. Maybe it is in middle 2018 but I think the Dash Team is on a good way.

Why else do many build an x11 machine if there is no future for it.

The correct quantity is 15... I'll keep 5 and thanks god I've already sold 10. These miners will be shipped in November and considering that november and dec batches has not been shipped yet, I'll probably get something like USD5\day (with some luck)....I'll pay USD100\month to my hosting provider so I'll get USD 50\month.......You are right, It is not negative is just a 3 years ROI  ::) I'll keep my coins and see how it goes.

Bitmain has control over the number of machines in each batch, so they chose to sell this way, knowing that their customers would never have their money back.

do you want 7 dash master to half price?

You can have my D3 for half price

17usd? More like $6.48 (whattomine) before electric as of today...