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Payment scheme's incredibly important as certain methods of payments yield less rewards than others over time (the classic PPS vs PPLNS argument). Whenever possible, I try to find pools that use PPLNS.
Their actual reputation and payout speed is also important. I'm not going to connect to a pool that is known to have issues or delays payments regularly. Total hashrate's definitely a big one, as variance will absolutely kill you if you're mining on small pools.
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It's definitely better than thinking negatively as negative thinking can cause you to do stupid things like going all-in, but other than that gambling is all luck and there's not much your mood or thinking can change about that. There are measures in place to keep the casino winning, the most important being house edge, and it's impossible to beat it in the long run. If you're gambling, quit worrying about irrelevant things like this and just have fun.
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The ICO part turns me away from this more than anything, and the picture of their miner on the page you linked is extremely low quality and grainy. I like new miner developments, but there's just very little information about these miners out right now and whether or not they're actually real, and I don't trust ICOs much at all (GMO comes to mind with miner ICOs). I guess time will tell if this is legit or not.
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I'd suggest creating a new thread in the Scam Accusation subforum rather than posting about this here, or making a new post in the thread linked above. I haven't had a great experience with Liqui in the past either (with Iconomi in my case), though not to the degree that some people are experiencing right now.
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I've currently bought 2 at the buy 1 get 2 rate. I would like to buy potentially 4 or 6 more, but I'm unsure if thats the right decision.
It seems fairly obvious that the only value in this miner is with LBRY and PASCAL. Do you think there could be a competitor coming out with a LBRY or PASCAL asic that would brick this machine?
Nobody knows about new ASICs for these algos, there's been no announcements and recently new miners just pop up out of nowhere. The best advice I can give you is don't put all your eggs in one basket. Profitability changes with the wind with coins like LBRY or Pascal. |
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Do you accept affiliates?
Doesn't seem like they do. I did a quick Google search, and the only thing affiliate-related to Truegame is tied to the ICO (it's possible to get an affiliate link for that). On a different note, taking a look at the site from a mobile device, it seems like everything is nice and neat, though I did notice a minor grammatical error- clicking on "My Account" and then "Transactions", the site shows "Availabe Balance". Other than that, everything functions perfectly, even a bit better than I thought it'd go on a bad device like mine. I don't like the text box outline style a whole lot, but that's just me. |
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LTC Network spiked to 300 TH's yesterday and today it is back down to 210 Th's.
Did people start mining again because the spike in litecoin and now turned their equipment off as the price has gone down? Very strange.
bitmain has been selling toasters to mine ltc for $300, id expect the hashrate to hit 400th soon Basically this, and I would not be surprised if Bitmain goes ahead and releases a new Scrypt miner soon (could be the reason they're selling L3+s cheaply now). They actually took the L3+ off and replaced it with the L3++ at $725 (with odd wording and no specifics- "Specifications of L3++ maybe slightly higher than L3+), though it's not exactly hard to get coupons for cheap here. |
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Both sites are gimmicks that are complete wastes of your brainpower and electrical costs. If you're looking to make money with BTC, using one of these sites is not the way to go. Collisions with private keys are mathematically extremely unlikely, and even the ones that have happened are usually due to bad RNG generators (sometimes hardware related, sometimes software related), or they're designed to be solved (like with the Large Bitcoin Collider). Either way, the site you posted is basically useless. |
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Seems like the issue lies within the controller card from the info you've given us; if that's truly the case, then you could try buying a control board off eBay or Amazon and it could be the fix. Sending the thing to Bitmain isn't the greatest idea with shipping even if you're within warranty, though you don't technically have to ship the whole thing with the L3+.
MyRig also does repairs, but they only do out of service repairs and you'll have to pay them. I've had great experiences with them in the past for miner sales, but I'd suggest first contacting them and seeing whether or not they do repairs for the L3+.
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Its like any bitmain news causes mass hysteria on here now. A miner that is only being sold in China for a coin most people know nothing about and people are already talking shit about ROI and not buying the coin. Their announcement from a year ago says very clearly: "POW Algorithm that is friendly to AI ASIC chips." They are actually trying to make standard ASICs obsolete and instead use hardware designed for machine learning.
The thing is, though, that the B3 is not being only sold in China as the entire email they sent to me was in English and the link to the Bitmain shop in the email lead to the English site. Bitmain's development of Sophon most likely also helped them develop the B3 as its PoW algo is based off of tensor computing. Part of the hype surrounding the B3 miners is probably attributed to the fact that the algo this coin uses is different from any algo Bitmain's developed. An estimation of ROI can be important if you're trying to decide whether or not to buy the B3 and it should be if you're buying any miner at all. It's natural in any miner announcement thread that people ask about ROI time. Investing in the coins is fine, but this thread isn't primarily about speculation in prices or buying coins. I get that, but this thread is already full of "fak bitmain" comments. The fact is the mainnet just went live today, almost everyone is having trouble connecting to it. So who knows what the hashrate or difficulty will be. Block time: 150 seconds (2.5 minutes), Block reward: 412.5 BTM Mined coins will represent 33% of the sum of all coins and reward halves every 4 years. If you do the math, that's 237,600 coins a day. For simplicity sake lets just say that 10,000 of these bitmain miners make up the whole network, that's $24 a day. There has been a testnet running this whole time though, so I'm sure the people who have cared enough to participate have a good understanding of the value (or lack of) of this miner. One thing is for sure if you want to mine this coin, you either pay Bitmain a few thousand dollars, or you can spend 10x that much on an Nvidia Deep Learning machine. This coin will not be mined by the average joe. And this is one of those situations where it pays (literally) to keep up to date on everything crypto. I agree that if someone is considering buying a miner that they should have all of the facts. It just gets old that there is a subset that act like the sky is falling every time an asic is announced, especially when its for a coin they weren't even mining to begin with! Also, one more thing. We have to take OP's post with a grain of salt. How does he know how many were produced and what the price is. The email states: "Correct price will appear after the scheduled time of launch." Perhaps OP has some sort of inside connection where he's getting information, who knows. I don't recall seeing information about batch numbers for any Bitmain miner ever. He got the B3 part right at the very least, and we'll find out tomorrow if at least parts of his post were correct. As for people going nuts over new miners being announced, I guess it's just something that hangs with us as new miners for new algos pop up all over the place. I don't enjoy it either, and moderation in this part of the forums is subpar to say the least. We don't even know when these things ship. Could be another E3 scenario with shipping starting months from now, which might just make this another Bitmain gamble. At the very least one good thing is that it seems people aren't just buying into miners because "money printing machine" and doing zero research anymore. Seems like the trend somewhat started with the E3 or perhaps even the A3, and hopefully people realise this algo is going to be different than others previously mined by conventional miners like you said previously. |
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I was searching and found the internals appear to be the same for 120/240 on some of the models. "Higher ratings of 100-277v, 50/60Hz, and 20 amps require appropriate country specific cord set and receptacle, and is NOT UL listed. Internal electronics are the same. " That was from this website, and they also have the manuals for download. https://www.powermeterstore.ca/p5674/eed_watts_up_net.phpThe 220/240 part's pretty odd. I won't try to push 240/220 through these for an extended period of time if I get one, then. I wasn't able to find specifications or manuals for these devices, thank you for the link. I'll probably just put a small GPU rig on one and see how it works, shame the company that made these stopped supporting these things. |
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Its like any bitmain news causes mass hysteria on here now. A miner that is only being sold in China for a coin most people know nothing about and people are already talking shit about ROI and not buying the coin. Their announcement from a year ago says very clearly: "POW Algorithm that is friendly to AI ASIC chips." They are actually trying to make standard ASICs obsolete and instead use hardware designed for machine learning.
The thing is, though, that the B3 is not being only sold in China as the entire email they sent to me was in English and the link to the Bitmain shop in the email lead to the English site. Bitmain's development of Sophon most likely also helped them develop the B3 as its PoW algo is based off of tensor computing. Part of the hype surrounding the B3 miners is probably attributed to the fact that the algo this coin uses is different from any algo Bitmain's developed. An estimation of ROI can be important if you're trying to decide whether or not to buy the B3 and it should be if you're buying any miner at all. It's natural in any miner announcement thread that people ask about ROI time. Investing in the coins is fine, but this thread isn't primarily about speculation in prices or buying coins. |
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It's not really even a matter of being more effective, but a 0% house edge is just very suspicious to most gamblers, and your lack of reputation as well as your fairly new account doesn't exactly help. I understand that two users that were negged for scamming people themselves and sending random negative trust negged you, but most people just won't gamble on your site for the the two issues I stated above even though you might not have any bad intentions. Additionally, the site takes quite some time to load (~10 seconds give or take); my internet speed is around 50mbps down.
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New Email from Bitmain regarding the B3, guess you or your sources were right about this. In code to save space, scroll to view. Links inside the original email aren't important, one links to bytom.io and the other links to the Bitmain English shop page. There's currently no calculators available, and I'm posting from a mobile device so I can't quickly make an estimate of how much these would make at current diff and prices. Dear subscriber,
We are proud and happy to announce that we are launching the all-new Antminer B3, a new Antminer model for mining Bytom, at 11AM (25 April, GMT+8).
The Antminer B3 can deliver a hashrate of 780H/s while consuming 360W of power.
Click here to learn more or to place your order after the scheduled time of launch. Correct price will appear after the scheduled time of launch.
We wish you all a happy mining experience.
Regards,
The Bitmain team This is probably the least energy miner they have released since the S1/S3. Should run pretty quiet and might be good for bedroom or living room mining. I can see a customer base for this for those reasons alone. Still no pics or detailed technical specifications yet, we'll find yet tomorrow if this is indeed the case. If they use their existing design with D3s, L3+s etc these might just use the regular 'ol loud industrial fans Bitmain puts on everything, but they shouldn't need to with such low power consumption. Who knows, perhaps they just have so many high CFM 12038 fans that it's more economical to slap those on miners than acquiring quieter fans. As for a profitability calculator, here's a quick update. I searched earlier today and I came up with this page. Unfortunately the site displays 'coming soon' as a placeholder where the calculator is, so we'll need to manually calculate profitability. The problem is I don't see any sites that provide difficulty information. |
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New Email from Bitmain regarding the B3, guess you or your sources were right about this. In code to save space, scroll to view. Links inside the original email aren't important, one links to bytom.io and the other links to the Bitmain English shop page. There's currently no calculators available, and I'm posting from a mobile device so I can't quickly make an estimate of how much these would make at current diff and prices. Dear subscriber,
We are proud and happy to announce that we are launching the all-new Antminer B3, a new Antminer model for mining Bytom, at 11AM (25 April, GMT+8).
The Antminer B3 can deliver a hashrate of 780H/s while consuming 360W of power.
Click here to learn more or to place your order after the scheduled time of launch. Correct price will appear after the scheduled time of launch.
We wish you all a happy mining experience.
Regards,
The Bitmain team |
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PoS hasn’t been implemented successfully in any coin as of now, and unless we see significant advantages and improvements on PoS, BTC will likely continue be on PoW. It’ll be interesting to see how successful PoS will be on Ethereum’s Casper protocol when it’s fully implemented. No solution, especially those with scaling and proof systems, is ever perfect with Crypto, but we’re always open to improvements.
Edited for a small grammar correction to clarify first sentence.
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If you’re just looking to change one coin for another at a low fee and anonymously, Shapeshift.io is a pretty good option. I’ve used them in the past to convert LTC and Doge, etc to BTC and my coins were exchanged to BTC very quickly with just a bit of delay in the actual conversion.
Binance is a good option for verification-free trading, but there’s a 1BTC limit per day if you’re not verified IIRC. Still good considering you’ll need verification for almost any exchange service nowadays.
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So they’re asking for the USD equivalent of around $2700 per machine after conversion... Pretty expensive, even though they’re supposedly only going to release 2500 for the initial batch. I don’t fully understand Bytom, though, they have both a chain for mining and tokens?
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I actually read about this on r/Bitcoin today, and I assume that's where you also found it. Post on Reddit can be found here. From what I can tell in the Reddit post, there's another casino in the Las Vegas area that also accepts BTC but they only accept it as payment for the hotel and not for any actual gaming. We're getting there, adoption in any form is good! |
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I see an Alibaba seller offering Antminer S11 pre-order for $2900 - $3500.
Features:
Pre order of Bitmain AntMiner S11 22Th/s with PSU Preorder Ship on May 20-June 20:
Hash Rate: 22TH/s depending on batch. Variation of ±5% is expected
Power Consumption: 1340W; at the wall, with Bitmain’s APW3 PSU,93% efficiency, 25°C ambient temp; expected discrepancy of +10%
Power Efficiency: 70 J/TH; at the wall, with Bitmain’s APW3 PSU, 93% efficiency, 25°C ambient temp; expected discrepancy of +10%
Rated Voltage: 11.60 ~13.00V
Chip quantity per unit: 189x BM1387
Dimensions: 350mm(L) x 135mm(W) x 158mm(H)
Cooling: 2x 12038 fans; Front fan: 6000rpm, Rear fan: 4300rpm
Operating Temperature: 0°C to 40°C
Network Connection: Ethernet
Frequency: Automatically set
If this listing is legit, it seems the S11 will have the same number of chips as the current S9 and they even managed to push more hash (almost 2x of a 13TH S9) out of the BM1387 chips that power the current S9s with the miners running more efficiently at the same time. Quite impressive if these specs are actually real. For those interested in taking a look at this purported S11 on Alibaba, here it is. |
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