the best one is indeed the innosilicon, the other re behind, but it's not only a matter of speed but a matter of time, it's better to have a slower speed but get the miner early to start mining with low, diff because if the diff increase your faster miners it's like my slower miner
Well, the Innosillicon certainly is the most powerful / energy efficient IN THEORY, but there are other factors. Most obviously, it's price point is someehat prohibitive... for the same pice you could (theoretically) purchase 3 D3s... The other factor is Innosillicon's track record of under delivering on hashpower and delivery date. I believe this happened with their Scrypt A4s... But as the wise man said, "we'll see"... |
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Has anyone dealt with this guy?: Domain: newasic.com Skype: msrv222 E-mail: newasic@hotmail.comPhone: +00-86-23-166-21770 When you go to place order, website says to call. I've Skyped with him, and placed an order, but didn't realize the web site I was using would limit what I could convert and take up to 7 days for bank transfer. Says he's holding Antminer L3+ & PSU until my transfer clears and I can send full payment. I've already sent him 3 LTC & $10 USD as "test transfers", which was fine with me because this was the first time paying with cryptocurrency for me. Is this the typical way you pay by the seller by him giving you just a long code to send to? Just to be clear, you're saying it's taking you 7 days to transfer your dollars from your bank, then you'll convert that money into litecoin or bitcoin, and then send that crypto to this guy in China, right? To answer your question, it is typical to pay somebody with bitcoin or litecoin after they give you a long code. That long code is called a wallet address. The wallet YOU would be sending FROM also has a unique wallet address (long code). That part of it is normal enough. Most / all of the LEGIT sellers on this list (from Eastshore to the group buy members, to the ASIC manufacturers themselves) accept payment in this way... BUT THIS GUY AND HIS SITE LOOK SHADY... FOR A COMPLETELY DIFFERENT REASON!!!
QUIT QUIT QUIT QUIT QUITFirst of all, I've never heard of newasic.com. You see, if a seller is trustworthy / has an established track record, then it doesn't really matter what kind payment they accept. If they are unknown, like this guy and his site, they should accept Paypal, which offers SOME buyer protection, cancel accounts of scammers etc. All of his payment methods are irreversable, which again, is okay if the seller is well established, better known. but the MAIN THING that SCREEEAAAMS shady to me is the price he's charging for the L3+. He's selling it for LESS than what Bitmain (the manufacturer) ever charged for it. The cheapest I could pick one up for was $1,290, and that was FROM the manufacturer. All my other L3+ buys were higher, either with bitmain's 40-41 litecoin batches (1600-2100), or from a retailer. My point is HOW IS THIS PERSON MAKING A PROFIT? You can't sell something for less than you bought it, especially when the demand for them is so high. Eastshore, which I like a lot, adds somewhere between 500-1,200 to the price... but that premium keeps their lights on. Either this newasic guy has started a convoluted charity where he sells asics for less than he bought them for... OR, it's too good to be true. Newasic.com REALLY looks like a scam. PLEASE avoid them! |
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Just want to add on point #5, there're couple of things: 1. The altcoin devs can always change their algos to thwart ASIC takeover just like vertcoin switched to GPU friendly algo 2. Other manufacturers can always adapt and release updated software to handle other algos. It's just a puny change and doesn't require major rewrite. All in all Baikal is a huge risk at their current price. In my book Baikal Giant+ is worth USD 700 provided they ship now and product arrives before August. 5) Baikal 2 GH Giant Plus - just an incremental upgrade of their a900... BUT Before you dismiss these (not so) Giants off hand for their (now puny) hash rate, consider this: Baikals produce the only ASICs capable of mining in different algorithms (x11, x13, x14, x15, quark, qubit). I know that Dash is the name of the game, but with so much new hardware hitting the market, it may make sense to diversify where you can. To be honest, I know NOTHING about these other algos, and the coins that could be mined with them... so PLEASE feel free to enlighten me and the thread. I think you may be able to buy directly from them for something like $6k... or you can try Bittawm's group buy (below), which could be more in the 4k range if you act fast. I believe these are ready to ship https://bitcointalk.org/index.php?topic=2041159.0If i've missed something or gotten something wrong, please feel free to set me straight... Wow, that's really interesting, bclc. You're saying that any X11 asic COULD mine those other algos (x15, quark) with a simple software update (no change to the hardeare)? Why do you think more of them aren't doing that? Does the same thing apply to Scrypt and Scrypt n? What about blake /blake2 /blake2b? I'm interested in the upcoming Siacoin Obelisk Sc1 asic (supposedly) coming out in 10-11 months, but as of now, it will only mine Blake (2b)... Thanks for your help / insight... |
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Based on Bitmains D3 at $2699 and cracking along at 15Ghz
$2699 / 15 GHz = $179.93 per GHz
So 179.93 x (Baikals 2GHz) means the Baikal price should be $359 per unit if you ignore power and algo differences
Getting the Baikals early doesnt outrun the price difference if you have to wait for the Bitmain D3
I'd say this is a multi-algo play. Giant plus is the only new asic that can mine x13 x14 x15 quark and qubit. I'd recommend researching these other algos (and their corresponding coins) to see if that advantage is worth the reduced hashrate. Diversity may be important in this brave new world of x11 Asics... |
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Since there are 5 new powerful X11 Asics coming to market, I thought I would start a central thread breaking down the pros and cons of each product We'll consider the price, hashrate, delivery estimates, multi-algorithm capabilities (quark etc.) and company track records and (most importantly) where/when/how to buy them. When they're delivered (hopefully) people can share their experiences with the different hardware. QUICK RUN DOWN to get the ball rolling. 1) BITMAIN 15 GH D3 ANTMINER - Bitmain recently sold their first batch of their new D3s on their website, selling out in a few hours. Price was $2,700, with estimated delivery set for September 15th or later (since this is their first time making an x11 miner, they cautioned against possible delays). Their site claims a new batch will be "available soon"... but "soon" is a VERY subjective term. My guess is their new batch won't be available for pre-order until August, and it is possible / likely the ship date will be later as well. Even with the lack of availability, this is still probably the best buy out there (if you can actually manage to buy it). 2) Innosilicon A5 - Innosilicon came out of NOWHERE with their X11 30GH A5 to be shipped some time in October. If their price was a few thousand less, this would have easily been the top dog, BUT with a $10,000 price point ($9,285 - barely less through a group buy), it's a hard sell. They are claiming you can get to 38 gH by overclocking, but even so. Not to mention that Innosilicon has a track record of falling short of their promised specs and/or missing delivery dates. Even so, with the reduced electricity draw (compared to 2 D3s), it's still an interesting contender. If you're interested, check out the group buy thread below. https://bitcointalk.org/index.php?topic=2034549.msg20324863#msg203248633) IbeLink 10.8 GH DM11G - this machine WAS all the rage... until it wasn't. Originally offered as a group buy through Bittawm (or a slightly more risky Russian retail buy through Bitbaza and 51asic.ru), Ibelink recently sold a few of these through their website just before the above hardware came to market. They were selling for 6k in Bitcoin and Dash, but are now sold out. One advantage of the Ibelink is that it ships in August, a month before most of the competition... but THAT advantage may be short lived. They WERE going to presell a second batch, but I imagine that'll need a serious upgrade if they want to stay competitive. 4) PinIdea Drx 1200 mh/s - they dropped the ball, pure and simple. PinIdea's new Asic does 1.2 Gh, basically the same as 4 last gen baikal cubes... which would've been great a few months ago... but not now. Their price (6-7 k) does not reflect their tall midget designation. One upside (i suppose) is that they could ship... but again, that's short lived. https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20170704091749&SearchText=pinidea+drx5) Baikal 2 GH Giant Plus - just an incremental upgrade of their a900... BUT Before you dismiss these (not so) Giants off hand for their (now puny) hash rate, consider this: Baikals produce the only ASICs capable of mining in different algorithms (x11, x13, x14, x15, quark, qubit). I know that Dash is the name of the game, but with so much new hardware hitting the market, it may make sense to diversify where you can. To be honest, I know NOTHING about these other algos, and the coins that could be mined with them... so PLEASE feel free to enlighten me and the thread. I think you may be able to buy directly from them for something like $6k... or you can try Bittawm's group buy (below), which could be more in the 4k range if you act fast. I believe these are ready to ship https://bitcointalk.org/index.php?topic=2041159.0If i've missed something or gotten something wrong, please feel free to set me straight... |
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if the group discount happens then I'm interested in 1 to the UK if it has the CE approval.
The calculators are suggesting $500 profit a day! This can't be true, right?
Yes and no. Basically, if YOU had one right now, but NOBODY else had one, then yes, it would yield about $500 a dY in Dash... BUT that's not how it works. Asic manufacturers (in a crazy scheme to make a profit) produce and sell MORE than one ASIC at a time... More like thousands of ASICs are built, sold and shipped at a time. When a new, more powerful ASIC hits a blockchain, the increased hashpower increases the difficulty. This increase in difficulty lowers the payouts, and on and on it goes. In this case, you don't just have this one model hitting the market, but also new models from other companies (most notably Bitmain's D3). I believe some of these machines, like Ibelink's DM11G, are already being mined by the ASIC manufacturers before they ship. This would explain the sudden astronomical increase in the Dash network hashrate. If DASH continues to climb in price, which it may, then the price of Dash would compensate for the increase in difficulty + drop in payouts. Hope that helped |
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LEGIT
ALIEXPRESS - I forgot about Ali, until recently. I've never bought through them personally, but I've read enough experiences to feel comfortable adding them. Eastshore sells through them regularly. At the moment, PinIdea is exclusively selling their new X11 Asic through AliExpress. I believe they offer some buyer protections (like Ebay)... or in the very least, have seller ratings. Anybody who has had personal experience, please feel free to share any and all advice / details...
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Why would anyone buy A5 over D3? Compared to D3, A5 shows much less hashrate/$. If one were to buy X11 miner, seems like D3 is a better choice unless electricity is very expensive (should not really be mining with high elec anyway). Am I missing something?
You are not really missing anything... I mean for less than 10k, you COULD hypothetically buy 3 D3s, with a 45 GH/s hashrate... The only thing in the pro Innosillicon column (besides wattage) is that the D3s are currently sold out.. Of course this will change, but the last batch sold out quickly. If the next batch sells out as quickly as the last batch, you may not get an opportunity #birdinhand #mootpoint Also, there's no gaurantee the price will remain the same the next go around... But all that's probably not worth the premium. Just thinking out loud... |
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I can't decide if I should order one or not. It worries me that only 1350 have presold.
cause ppl don't have faith in the coin....that is all That doesn't really help my concerns at all. I like the coin, but the development team seems to have issues, will this coin even be around by July of next year? I was told these miners will only do blake2b is it? Not blake2 coins? So could blake2b coins be invented? Or is that impossible and I just looped into making a siacoin doppelgänger instead, defeating the whole concept? (Ouch, sprained my brain) I don't know all (/any) of the details, but there WAS a coin a few years ago called OCTANE that used Blake2b. Skunk coin, inactive dev. team, never made it onto an exchange. https://bitcointalk.org/index.php?topic=1100713.160BUT it does show that it's possible... and these ASICs COULD bring about a lot more attention to the algo... If IIIIIII were to attempt to release a coin right now, I'd definitely make it Blake2b on the expectation of these SC1 ASICs. I figure I'd have at least a 1,000 miners looking for a coin like mine... especially if I could make it an auxiliary coin capable of merge mining. |
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A) the price looks like it'll be a lot more than double the new D3,
C) I'm getting a little uneasy about all the asics (and subsequent difficulty hikes) coming to the X11 algo, with 5 companies selling new X11 models in a concentrated time frame.
Innosilicon finally posted a price for the A5 - at $9999 with a MOQ of 3. Almost 4x the price of the D3. IMO even if they meet their announced specs it's too high - should have been $6k-$7k ballpark to be competative. There aren't all that many "new" ASIC for X11 showing up - IBelink producing a "second generation" product, the D3 (first for BItmain in X11), and the A5 (first for Innosilicon in X11). This wave is VERY similar to the FIRST wave of ASIC for X11 last year with the Pinidea, iBelink first-gen, and Bailkal all showing up in a 2-3 month timeframe and each more efficient than the one before it. Only the players have (in part) changed. With all due respect, QuintLeo, I was including Pinidea's new drx 1150 MH (1.15 gh) currently going for 6k on aliexpress and Baikal's recently announced 2 gh Giant Plus (basically an upgrade of their A900). https://www.aliexpress.com/wholesale?catId=0&initiative_id=SB_20170704091749&SearchText=pinidea+drxI realize these models are much weaker than their contemporary competition, but they're also not nothing. I mean, had they come out a few months ago, they would be the most powerful X11 asics on the market. What a difference a couple months makes... It also occurs to me that since Bitmain is the largest of these companies, they're likely to produce a ton of their D3s, similar to their L3+ roll out. While I think the price of DASH will eventually overcome the reduced profitability, 5 new X11 ASICs still strikes me as grim in the psuedo-near term. |
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LEGIT - GROUP BUY Longsnowm - I'd like to add Longsnowm to the LEGIT list. He's a HERO member who has successfully arranged group buys before. I know somebody who successfully participated in his A4 dominator group buy, and the threads speak for themselves. He is currently trying to coordinate a group buy of the Innosillicon A5 30 GH/S X11 Asic, but it's still early in the provess. https://bitcointalk.org/index.php?topic=2034549.0;allRegardless of his Legit status, I think I may sit this group buy out, since A) the price looks like it'll be a lot more than double the new D3, B) Innosillicon has a tendency to over promise on hashrate and delivery time, and C) I'm getting a little uneasy about all the asics (and subsequent difficulty hikes) coming to the X11 algo, with 5 companies selling new X11 models in a concentrated time frame. But if you DO participate, please BE AWARE... fake users have been posing as LONGSNOWM with similar screen names, private messaging people who post on that thread. Always check the spelling of anybody who PMs you. ALWAYS check their profile status. If they're not a HERO, or LEGENDARY, proceed with caution or run for the hills. |
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I was considering investing more in X11 mining before securing some Obelisks, but things have changed over the past few days...
FIVE -- count them -- 5 companies are coming out with X11 asic miners soon.
The ibelink DM11Gs are shipping end of the month. Bitmain is sold a few D3s... Baikal is coming out with their 2GH asic (which has the advantage of being able to mine other similar algos)... Innosilicon SUPPOSEDLY has a 30 GH coming out in October... and Pinidea supposedly has something in the works, but little details are available.
With that, plus the many L3+ batches... these Obelisks are looking better and better. Best bet if you want to avoid the other algo's asic rat race... IMHO anyways...
yeah I was thinking that as well, it seems like an arms race right now for X11 asics, It'll be interesting to see who comes out on top, my guess it will be a 2 horse race at some point. Surprised Baikal seems to have dropped the ball... basically upgrading /doubling their A900... If there's a 2 way race, it'll either be between Bitmain and Ibelink, or Bitmain and Innosilicon (provided they don't over promise / under deliver like they did with their old Scrypt Asics). Either way, with Bitmain's low price, high hash rate and ability to mass produce should still make them competitive IMHO |
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I was considering investing more in X11 mining before securing some Obelisks, but things have changed over the past few days...
FIVE -- count them -- 5 companies are coming out with X11 asic miners soon.
The ibelink DM11Gs are shipping end of the month. Bitmain is sold a few D3s... Baikal is coming out with their 2GH asic (which has the advantage of being able to mine other similar algos)... Innosilicon SUPPOSEDLY has a 30 GH coming out in October... and Pinidea supposedly has something in the works, but little details are available.
With that, plus the many L3+ batches... these Obelisks are looking better and better. Best bet if you want to avoid the other algo's asic rat race... IMHO anyways...
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They recently announced in slack that the ASIC will reach a minimum of 250GH/s according to their internal reports.
They should have said the miner would be 250000000000000gh/s, I guess it can't be helped they are desperate as siacoin price is crashing and nobody is pre-ordering their scam hehe Out of curiosity, is your scam accusation based on anything concrete, or just speculation? Unlike any other scam asic pre-order, this is coming from the coin's developers. Are you saying that Siacoin in general is a scam? Also, team Obelisk said that their predictions were all conservative low ball estimates, that they would keep everybody informed to their developments. This is also true of the 12 month lead time. I am not trying to drink the proverbial kool-aid. I just want to know if you've considered these factors, or were privy to new info before we burn the witch... |
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Also this statement from a SiaCoin developer caught my eye...
"We are committed to producing and shipping theObelisk units, even if we stop at 1250 sales"
The ironic thing is, that just makes me want to buy more. Obelisk patrons want their SC1 Asics to be powerful and few...
Great quote, where did you source that one from? I found it on the top of this Reddit thread... seems to have also been posted on Slack... but i'm kind of allergic to slack. https://www.google.com/amp/s/amp.reddit.com/r/siacoin/comments/6msupo/obelisk_can_reach_250ghs_now/ |
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Also this statement from a SiaCoin developer caught my eye...
"We are committed to producing and shipping theObelisk units, even if we stop at 1250 sales"
The ironic thing is, that just makes me want to buy more. Obelisk patrons want their SC1 Asics to be powerful and few...
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They recently announced in slack that the ASIC will reach a minimum of 250GH/s according to their internal reports.
Wow, that's great news. At first I thought that wouldn't really change the ASIC's profitability because everybody would have the same hashrate, but according to this REDDIT thread, that's not the case. https://www.google.com/amp/s/amp.reddit.com/r/siacoin/comments/6msupo/obelisk_can_reach_250ghs_now/ROI per Obelisk won't change if all Obelisks have an higher hashrate. Just saying since some might expect 2.5 times the number of coins..
u/PizzaTucker
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Jul 12, 2017, 5:04 AM
It might if the ASICs collectively manage to push away more gpus by making mining unprofitable for them.
u/mtlynch
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Jul 12, 2017, 5:11 AM
I think it actually does. The first 4,000 Obelisks will now have a hash rate of 1 PH/s instead of 400 TH/s.
Total hashrate of the network right now is 353 TH/s. If Obelisks were released today, they'd make up 74% of the total hash rate, whereas at 100 GH/s, they'd only make up 53% of the total hash rate.
The increase in ROI should be even more significant in 8-10 months when the total non-Obelisk hash rate is larger.
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Well I took a chance on two of these Obelisk SC-1 beasties.... I looked at another one (maybe..just to look) and a big difference between the ave price on the other two of I think it was 0.976 btc vs the 1.235 btc (19% increase) that I'd pay today at $2,053 btc. ugg..that is ugly  Brad I think they're taking usd via bank transfer now, but I guess you're trying to put your crypto to work. They'll still be for sale after August 1st, when I suspect btc will rebound somewhat once FUD runs out. |
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