At these current BTC and crypto prices...and the FPGA card prices...

looks like mine (and perhaps) others view on all this is gonna get pushed out in

the future ...for more than a bit...

a couple questions

1) at $3.2k a card (damn, this looked more do'able a month or two ago) is
there any 'resale' market on these cards? What I mean is, the folk buying
these for industry ...likely need to buy 'new' for the warranty...or they'd
lose their job, kinda viewpoint

2) so as to the 'what comes first' do you mine with these FPGA cards on
the hope can do 'current' coins or do you do a combo of both current
coins that this FPGA card would make sense to mine and/or a specific FPGA coin?

3) What is the best guess of someone getting a working prototype up
mining ...whatever coins (above) as a public example?

thanks, just trying to catch up...but damn $3.2k a card is 'rough' if

there is no real 'resale' value to their industrial used nature (now).

(I'm a simple miner (or was looking iffy now) this makes my head hurt.

Searing

It is either the right time to buy BTC or its all over folks...adoption has to keep up to the price it takes to mine

it and overcome folk just HODL'ing or mainly I guess dumping the coin in panic at these prices...(i guess)


Yep...the catch is...adoption...if there is adoption there will be folk buying and the price will rise

but...did we chase all the newbies away with this previous bubble pump and dump...by that I mean, according to some reports

up to 30% of old HODL coin was moved to NEW folk on the last rise...thus the new folk did NOT keep the stuff in hand like the

old HODL'ers did and dumped a few months later...thus the crash in price...

so..it all comes down to adoption....as to the other parts of the puzzle

1) gov't across the world want to regulate all crypto

2) what is it 80% of all BTC has been mined

3) anything less than $6,600 I read someplace was impossible to mine at with electric costs..no matter how big you are

4) big investors getting into this (fidelity)


Thus the only part the puzzle I can see left in pumping the price rise again is

ADOPTION ...has the FUD and such chased all the new money out...for now or even for more than a year?

that's the catch IF this crypto ecosystem survives IT will come back in price, even if takes years

or

it is a dead cat bounce into beanie baby land....and I followed the crypto pied piper for 5 years out of simple-mindedness)

right now I'm betting no one would be hot on regulations .if they thought it was gonna fold and with 80% of all coin mined

a mess of miners shutting off as not making sense to mine at this BTC difficulty may also not be a bad thing...and the smell...

then again, I'm likely wrong...but ..still..it is 7x the money in BTC (counting BCH fork) then Jan 2017.....

so letting it ride like an 'addicted' vegas gambler

(i'm likely such a tool)

hey...they are going for 175 buy it now on eBay...I saw one the other day go for $115...(not sure about shipping)

fun times indeed


(if you are delusional and looking for a comeback on the Bitmain B3 miner, otherwise run away)

Too late....the announcement of no longer taking orders is the 'checkered flag' that it is all done on this thread is now gonna go quietly as the OP leaves the thread...shortly....

I agree.....no way this is not a scam...



exactly!


if..it walks like a duck, looks like a duck and quacks like a duck...well, you know ...duck... (i mean how obvious can these guys be they are scamming folk?)



Searing

no...price is some of this...but mostly it is difficulty outpacing price...thus you can never catch up....that is normal all miners

die and pan out

as far as I can tell this MAY be the first time that the current most recent generation of miners the L3+ or about (imho) 85%
of pow-scrypt miners in the world ALL are shut off due to price. Now as I say this, the ONLY one if these prices that continue

could mine pow-scrypt would be bitmain..not because of electric rates....which I assume are matched by some if not most...the

key here is bitmain probably only pays 20c on the $1 for its previous equipment and the electric...thus IF THEY HAVE NEW

equipment coming ...well they own pow-scrypt for the summer at least (till they release pre-orders in the fall after their data

halls are filled) but again in this case....the last generation of miners are killed off by the price of a coin BEFORE even the

3-4 month supposed new equipment hits the world? I mean really? Not gonna have a lot of faith in such a coin...remember

you will need near $200 LTC to overcome difficulty IMHO, to fight the glut of machines and/or the threat of them falling off

the pow-srypt wagon with difficulty...vs price....if it does get that bad and only Bitmain can mine pow scrypt for the summer

or longer...i just don't see a lot of faith in any pow-scrypt coins and LTC if it is just gonna be like BCH and bitmain is making bank

again, price rises usually are due to belief in a coin's future...but at 85% of the equip made in pow-scrypt it is all linked to

the bitmain monopoly....with the difficulty rise intertwined with the price dump of pow-scrypt coin prices and LTC ..again looks

dim in my view. (better minds than mine...chime in here) but how I see it so far...

yeah, back to my (hopefully wrong) theme on the Bitmain L3+ units

currently, I am at NEGATIVE -$0.21 USD per day! and

NEGATIVE -$6.29 USD a month, with my data hall electric and rent.

24 hours   0.02316153 LTC   2.48 USD   2.69 USD   -0.21 USD
7 days   0.16213072 LTC   17.35 USD   18.82 USD   -1.47 USD
30 days   0.69484592 LTC   74.35 USD   80.64 USD   -6.29 USD

So, in order for me to say break even NOW at 0.00 USD a month after electric.

Swapping electric for LTC direct on www.litecoinpool.org/calc I would need:

a price of LTC at the current difficulty of:  $116.05 per LTC!

24 hours   0.02316153 LTC   2.69 USD   2.69 USD   -0.00 USD
7 days   0.16213072 LTC   18.82 USD   18.82 USD   -0.00 USD
30 days   0.69484592 LTC   80.64 USD   80.64 USD   -0.00 USD

That is not looking too dang likely

IF I wanted to get say $1 a day at current difficulty, OVER electric costs,

which in the past was pretty modest for a Bitmain L3+ scrypt-pow miner,

I would need below $159.05 to make $29.88 per Bitmain L3+ per month, after electric...
 
24 hours   0.02316153 LTC   3.68 USD      2.69 USD        1.00 USD
7 days   0.16213072 LTC   25.79 USD     18.82 USD        6.97 USD
30 days   0.69484592 LTC   110.52 USD 80.64 USD         29.88 USD

Again, I just hope I'm wrong, but I don't think I can see things flipping in our favor this

fast, even if there is NO supposed new Bitmain product at the 1.5gh and 800-watt unit...

the above calcs, don't even work with existing Bitmain L3+'s in the world (85% of all pow scrypt miners still

up, IMHO) ...so unless brighter minds than me, can 'beat me up' on this (please, I wish to be dead wrong)

it all still looks like most if not all my (and perhaps most) Bitmain L3+'s will be shut down by July 4th, 2018.

Searing

Still does not explain not having a legit and clear video of the unit and answer questions about the unit (it is in the video, sheesh) nor why they won't just

clear this up with an independent review...and you need not have an independent review with folk getting a unit from bitmaintalk here and reviewing.

You pick the prototype unit up, you go to your LOCAL T.V. Station, you inform them that you have a new product that may make 'Buku Bucks' for the

community, you do your own review, in maddening detail, to assuage the doubters, all while the local T.V. Station films it and such. Done deal.

Got the review out, good community feedback for your firm, independent video from the independent T.V. Station, etc, etc.

So these guys are 1) either scammers or 2) complete and utter Idiots on how to run a business

my bet is SCAM also!

Well, starting to look like I'm out of pow-scrypt mining...I am very suspicious of https://bitcoinwisdom.com/litecoin/difficulty that was on the last

3 day go around at 8.26% rise. Now with the LTC price drop and other pow-scrypt alt dumps it is down to $105 LTC. But again, you could not make anything

but under 50c ....on a Bitmain L3+ (supposed top of the current generation in mass production anyway of scrypt-pow miners). Now I see the difficulty increase with

8.4hrs to go is +1.04% yet...that, of course, is dumping due to the price.

Where I am with my data hall units including elec and rent (for anyone that cares)

A 500mh 800 watt L3+ at current $105 LTC makes:

NEGATIVE or -$0.25 per day! Or a loss for an L3+ of -$7.62 a month after electric.

24 hours   0.02318045 LTC   2.43 USD   2.69 USD   -0.25 USD
7 days   0.16226314 LTC   17.04 USD   18.82 USD   -1.78 USD
30 days   0.69541348 LTC   73.02 USD   80.64 USD   -7.62 USD


With my 8000mh at 12,800 watts that gives me below:

NEGATIVE or -$4.06 per day! Or a loss for an L3+ of -$121.95 a month after electric.

24 hours   0.37088719 LTC   38.94 USD   43.01 USD   -4.06 USD
7 days   2.59621031 LTC   272.60 USD   301.06 USD   -28.45 USD
30 days   11.12661562 LTC   1168.29 USD   1290.24 USD   -121.95 USD

Now, here is the catch....if 85% of all scrypt-pow miners still more or less able to run out in the world are losing their ass on above....the L3+ and say Bitmain

does come out with their supposed 1.5gh 800 watt unit....we are beyond doomed (thus my bitcoinwisdom difficulty above concerns)

IF Bitmain DOES NOT come out with the supposed 1.5gh 800 watt unit.....the majority of folk that can't get equipment for themselves at Bitmain's

(probably) 20% cost for equipment and also Bitmain's electric costs to boot..and still...can't get the L3+ to fly in this environment.....well

...Bitmain will simply mine what L3+ units they have up now...due to their reduced equipment costs in data hall and electric costs and pick up the slack.

and everyone else will dump off the network.

So if that dire prediction is true due to price vs difficulty...what is the pow-scrypt prices of all those coins

going to do ...including LTC .... if the only folk making 'bank' on the coins are Bitmain as the last man standing? And you are sitting on sidelines with your

now OFF L3+ miners? Are we really gonna go 'yea' 'rah' LTC and pow-scrypt and watch Bitmain cleanup and mine, because the last man standing?

How enthused are people going to be about LTC and pow scrypt...at these depressed prices, will folk be however Bitmain ends up

either with new equipment or just watching the L3+'s that are not at Bitmain's advantages for price and elec in data halls, fade from existence?

So Bitmain mines all summer, drives up difficulty and then they announce everyone can start over an get scrypt-pow miners, to replace all the L3+'s

taken off the world/board/game with their new units, as a 'start over from scratch' plan? Again, at the usual, Bitmain mines over the summer

driving up the difficulty and pre-order equipment 4 months later? Not to mention Bitmain's usual version of kicking them out like 'toasters' in mass?

hell, I'm not gonna play that

So hang on boys and girls LTC and all of scrypt-pow coins could really, really, dump hard and bad, if something does not change and the L3+ can't

manage to keep up with difficulty for whatever reason, bitmain new equipment or just running their old stuff, pow-scrypt coins and LTC could go

back down to under $50 on such a senario....again IF....current generation of L3+ miners are not worth running and the only option is to buy equip

of a dubious pre-order method, from Bitmain, watching it mine the blocks for LTC say all summer, and then not get any supposed new equipment

in the fall....again, not gonna play that tune...

As it looks now, I'll be out of all mining, by the end of the month, and with the equiv of 16 L3+ units, I can't make it, that is pretty dire, IMHO.

So they will be shut off and I'm out of any hardware mining before I go thru last years 'merry go round' of games from Bitmain again.

Anyway, my take on the pitfalls of what could happen, too much concentration in the L3+ as the mainstay miner and too damn many of them...

with Bitmain's own current data halls, and/or supposed next-generation miners going into said data halls this summer...and the 85% of Bitmain

units L3+'s out there in the world, maybe, going doorstop....this could kill pow-scrypt as dead as, how KNC killed scrypt-N in 2014! poof!

But again, as of now, my plan is all L3+'s will be OFF on July 4th 2018....that is my KILL DATE.

It could be a very interesting (in a tragic opera kinda way) July 2018!

Sorry for the rant, and hope I'm wrong about this, but, it is NOT looking in any way/shape or form good...

anyway, better minds than me, rip my viewpoint up...again, would love to be wrong...I just don't see how to get out of this hole

(sigh, it was a good run from 2013...but this may be all she wrote for me....out of hardware)

Searing

they are copying the ASIC scam's IMHO, I don't remember a previous FPGA scam...they came out in force before 2013...so can ONLY

go buy marketing and such of ASIC products....and essentially, they have a 'hidden' product....most hidden products are just that hidden for 1 of 2 reasons

1) you want to farm yourself in your own data hall and announce SHIPPING a product that you have over to cover development costs....

or

2) it is all smoke and mirrors and a scam

again, they are not following any sensible marketing, nor any sensible proof that they are not a scam, if they are OK with the majority of folk

thinking their product is a scam...then from a marketing point of view...they likely are a scam...legit release of any product ... can't follow this

logic..they would LOSE SALES...so it is stupid...thus if the marketing is wrong/stupid or they don't defend

 themselves with real videos and independent reviews..the only thing left was the hot air balloon of a scam

sorry for your loss, those who bought into this

brad

well, it would be damn tough to go back to the ICO price in that I got 6,259 (i think) lisk for 1 BTC that was $475 (if i remember correctly)

thus the power of the older ICO's like LISK and ETH that were not scams

so no....it goes back to that price for LISK we are beyond doomed

brad

I need to try this as well, if I remember right there was an order you had to do this....if you did not do it in the correct order..you had to format the SD and

start over. If I remember right I had to format the SD then do the image stuff directly on the SD..just making an image and copying it did not work

all I got..been a couple years since I had to do the SD stuff... I keep planning to do such..but each time I have a spare cube per titan...a cube dies an then

i just plug the other cube into the open slot...thus no reason to it un one alone yet...

anyway, all I have off the top of my head

lightfoot will know more ALL HIS STUFF runs on his neptune hack I think

as to the jupiter vs neppie board..it should make no difference...or at least none when using a titan bridge on any jupiter or neppie board in my past

brad

Again, how can anyone not tell he is full of sh*t...just talks about payment..not about the folk (like me) saying his

product is a scam. (talk about ass backwards way to promote a 'legit' product..kinda the norm for the promotion of an

'imaginary' product though, come to think of it)

Contact Maxumark on here...we have some PSU's setup as you are mentioning..not sure if we will let any go or for how much...

..they were platinum 96% or 94% server PSU's at about 1,260 (dual) with 2 blade server PSU guts and usual PSU protection guts

slide in side by side for about 2,520 watts with 15 AWG wire of 4-6 connectors... I ran Titan's with mine

anyway, ask ...not sure...I may become of mine go as well (have probably 10?) looks like scrypt-pow is toast by July 4th with the current generation

miners at these prices for LTC etc...might be wrapping it up

I/we have not seen any bladed dual server PSU junction w/PSU gut connectors (direct for plug in play for server farms) in a year or so...

again, these are 'not' breakout boards...these are the real deal server bladed dual PSU units w/protections you see in the PSU's over the counter

made for these units in server farm...just to be clear

other than the stuff we have not seen these anymore..for sale that is

..I suppose others co-opted their use when data halls filled up with ASIC miners a couple years ago



so it goes



Searing

I'd be interested to see on this so-called 'unfreezing' by Paypal...if anyone could cancel a unit? and/or has the 45 day dispute deadline been passed already

for these unfrozen paypal units (thus if you try to get refund paypal says...what are you talking about..it is past 45 days)

just asking for anyone to post who actually tries to get a refund from paypal if they have any success or not

(this is not going to end well IMHO, paypal will probably say 'what freezing' in response..if it has been more than 45 days , in my view anyway...)


I also don't understand what you mean by 300 devices released? does that mean that paypal froze your account and now you have 300 more units

(dubious units) that the $$$ went through on...or do you mean 'unfrozen' so folk can buy more and the 300 previous are 'unstuck' by paypal?

sheesh, you need a frigging map to follow these guys

and of course to add in here



WHY THE HELL DON'T YOU DO BELOW:

1) decent video can't be hacked with a look at the unit...that can't be played with 'cutaways' etc, with other units making the screen stats

2) send a unit to me (Searing) or any other HIGH FRIGGING Trust Profile member on www.bitcointalk.org Do you really think after 5 years
    on bitcointalk I'm gonna suddenly blow up my Legendary status and my trust rating of 20+ because I'm so 'bedazzled' by your test unit I will run off with it?

I mean jeez...everyone knows bitcointalk is full of scam's so why be so frigging surprised an independent review is in order

go back thru the thread..pick someone ..anyone...

but alas, I digress, it is a scam, but again curious on if anyone wants a frigging refund can they get one (I would) please reply....

(this could be a cluster)

Searing

Catch is it is a 3 month pre-order...(they are filling their own data halls first) so at the $1999 price...with an S9 from Bitmain at $720 and dropping


a case could be made to just get the S9's and mine now...though why you would want to do so with either is debatable

I was told an s9 was getting like 1.70 a day? and this new gmo miner if out now would get around $4 a day

neither makes a lot of sense, if your equipment requires a massive price pump to ROI you may as well just HOLD BTC

also,  from what I can tell, the 'so called' competitors that want to upsurp Bitmain are all pretty much playing the same games with the consumer

so de-centralization from Bitmain, makes no difference...if they replacements are just gonna game the system in the same manner

just saying, its a cluster!

brad

what a bunch of hoooey.....sheesh.....are people really buying into this crap?

At this point, I will take anything of any sort, x11 or otherwise, on the 'illusion' of profit...not really cutting it for x11 and unlikely to do so in the future.

I suppose I should really dig but at 14c kWh, for the data hall they are at (admittedly it is only month to month contract) I don't see anything that in anyway

closes that comes thru but as a longshot to get these Bitmain D3 x11 miners to do anything but act as doorstops anymore.

25c currently is something per day I suppose. Not really earth-shattering. I don't suppose anyone has a favorite long shot coin of the x11 type, that they

are in full HODL mode on and see as having a future..(or a use for my doorstop Bitmain D3 x11 miners)

ah, well they are off now....just wondering

brad

With S9 shipping now and the GMO in what 3 months as a pre-order....and the S9 now $720....sh*t...it is a 'rubber duck' now vs a 'rubber duck' later

as the difficulty rises...so see no reason why not to just get the S9 now...same diff IMHO...*unless you are a big miner*

On that note....at 12c kWh average USA electric, is there any ASIC miner of any flavor (sha-256, pow-scrypt, blake2b, or whatever) that makes any

sense to get on the average above electric costs for say a home miner...or if lucky a data hall also at 12c kWh including rent?

Also as to the GMO are they offering ANY other type of ASIC miners? I have a hard time believing that they can beat BTC on Bitcoin sha-256 mining alone...
a
also, no clue on how fast their pre-order ships

Gonna need more than just BTC protocol of sha-256, they need to also do boutique miners and such for the Z9 as well, but the likelihood of such for anything

7nm besides BTC is a long shot indeed for 2018.

later

brad

Just a 'few' (groan) small problems with LTC bouncing back with the price and difficulty action



ie...IF the top end machines available are doing 90% of the LTC mining say now, and they are ALL L3+'s then

I can't see a lot of progress with current price and difficulty bomb


it is not like the old days of various types of equip ..some more efficient than others....it... is now a clone army

so IF difficulty goes down ...then

yep…and everyone turns there machines back…if the majority of L3+'s are the only things LEFT mining LTC…then it goes to reason that anytime difficulty drops…the

majority will turn their machines back on in that all are the same speed and advantage rinse/wash/repeat with current difficulty vs price ....a conundrum!

only electricity will be the determining factor…that will eventually determine this ..with bitmain being the end centralized result maybe

thus the whole network will yo/yo or if the difficulty gets too high that only Bitmain (their own low cost per unit and low electric)

will be able to mine pow-scrypt coins and LTC and all else will be turned on ...that will be beyond ugly...

so are people really going to support a coin that bitmain can only mine say over the summer (or worse have a new machine doing so at better eff and running difficulty

really up) before the usual 4 - 5 months ‘pre-order’ of the same is in anyone’s hands?

sh*t LTC and Charlie Lee might have to make it a POS coin…if the only one able to mine LTC is going to be bitmain over the summer and/or worse as I mentioned above

This is what you can make with the latest L3+ today at 500mh and 800 watts at ave USA price of 12c kwh at the current price for LTC of $117

this is from www.litecoinpool.org/calc (this is free LTC pool and pays 101% the calc includes the 101%)

|24 hours|0.02509517 LTC|2.94 USD|2.30 USD|0.63 USD|
|7 days|0.17566618 LTC|20.55 USD|16.13 USD|4.42 USD|
|30 days|0.75285505 LTC|88.08 USD|69.12 USD|18.96 USD|

And Bitmain has the L3+ at $490 USD for making 63c a day on above calculations

yeah, IMHO, they have to have a NEW miner they are gonna pop out this Summer and run for 4 months

nothing else makes any sense…so I’d wait on getting ANY ASIC miner of ANY flavor or protocol…

also if you are into BTC the 7nm (vs Bitmain 14nm) has just come out…they claim to want to kill

Bitmain …I wish them luck

https://www.coindesk.com/1999-gmo-reveals-details-of-its-new-7nm-bitcoin-miner/

likely, they eventually will have scrypt-pow…i.f the price justifies it that is...a guy can hope!

later

brad