Those people including me who just entered in dash mining first time and have purchased d3 will not sell dash cheaply and will hold thus decreasing the supply and in this case price will follow hashrate. The dash network will increase more with the supply of A5 and remaining d3 for Nov delivery so IMO dash price will rise more until it is reasonably profitable for mining and reasonable is 8 to 10$ per day and not expecting $ 40 per day

So help me understand this, are you guys actually planning to run these even after they become unprofitable to do so in a couple months? lets say they go from netting $2 a day to netting -$2 a day. Do you plan to unplug? Or sink more money into them in hopes that the price of Dash will rise?

here is some more great news [sarcasm] my D3s for Nov 21-29 batch were just shipped will be here in 2 days. Expect difficulty to jump again. Also clever bitmain is only sending D3s and not the PSU i bought with it. very smart of bitmain. very smart. so i have a shiny D3s but no way to power them.

Hey guys! I personally received a bunch of d3 as of a few days ago and have already found a reliable hosting facility. I mostly see here people that bought 1-15 miners and now are panicking. I have been in the game for a long time and this scenario is no different then any other. Crypto Business is very predictable, especially when it comes to Bitmain way of thinking. Yes, you will end up making a small amount of change for a while, but if you BELIEVE in this wicked game, you will at the end be rewarded. Same Thing happened to bitcoin miners. Here is What will happen, BIG FISH will NOT let D3 stay unprofitable, thats one. BITMAIN would not release a miner if they didnt know what they were doing. This game is not in your hands, but in big player hands.  While your selling your miners Under 1k, all the big fish will buy out and laugh at you when dash will hit 1500$ in a few month and they are the only ones mining. And dont forget, every antminer has hidden hash power that mines for BITMAIN. Yes every miner out there brings revenue for them too=]. Cheers, just believe that the future holds rewards whether your in GPU or Latest Asic equipment. D3 WILL NOT FAIL, just be patient

Please do some research and stop making assumptions.

How do you believe that ROI will be achieved? D3's are not the most efficient miner out there and everybody who bought one knew that before purchasing it. Even if the price stays exactly as it is now, the network difficulty is too high to make an ROI now. I'm not saying to sell them, but there is a slim chance that anybody will be able to make an ROI if they started mining today. If they started a month ago then they may have a chance.

I don't own and D3's and I probably would sell them if I did.

If you really believe that the Dash price will save everybody, then go buy Dash now because you will make more doing so than you would mining it. The Dash price increase is the only saving grace for D3 purchasers, and if they knew that before they bought them, they would have just bought Dash instead.

If you are in this for the long run, then you should know that the D3 is definitely not going to make you a profit. People only bought them to get in the game while the difficulty rate of mining was still low (The opposite reason as going into it for the long run). If you managed to be one of those people, and had started mining a month ago, then congrats you might have reached ROI and be $500 ahead after a year. If you start mining now, you will never reach ROI with a D3.

If you think I'm just spreading misinformed information and fear mongering, I'm sorry but you don't understand simple facts and network statistics.

Dash is not doomed. The Dash mining difficulty has just caught up to the mining power that was pointed toward it. We all knew this was going to happen.. just didn't expect it to happen so fast. And just because it happened fast, doesn't really mean anything at the end of the day (other than disappointing people that thought they had bought a magic money machine that was going to hand them hundreds of thousands annually). It just means that it has now joined the rankings of established cryptocurrencies. There was no way the network was going to sustain allowing people to make even $50 a day if everybody else was also competing for $50 a day.

Disregard hardware cost for a moment, and just think about electricity cost to reward (efficiency). In the history of cryptocurrency mining, has there ever been a (decentralized) coin that was completely unprofitable to mine? No, the incentive game theory is and has always been applied to every cryptocurrency that has ever existed. People will stop mining it when the reward is to low, and the patient people will stick around until it becomes profitable to mine again. If it only remains unprofitable to mine with the most powerful equipment, then that means that it does not exist, or there are more efficient miners available that are not being released to the public.

In the US, the story will go like this:
- Eventually (pretty much now) the D3 will make about $2 - $4 a day, and the A5's will make $7 - $10 a day.
Huh.. What a coincidence. The Antminer S7 makes $2 - $4 a day and the Antminer S9 makes about $7 - $10 a day... strange.

I am not siding with Inno just because their miner is (allegedly) more efficient, because I do not agree with the insane price point.
But to be fair, everybody had fair warning that the D3 was not the most efficient miner out there even before you purchased it. It's like buying an Antminer S7 when the Antminer S9 already existed. I understand that you could of bought 5 or 6 D3's for the price of 1 A5, but if you have been in the mining scene before, you would know that efficiency is the name of the game. If you didn't want to purchase the A5 (I don't blame you one bit) then you bought the D3 hoping to make a quick profit before it was too late, by no means should you have though that the D3 was a good long term investment knowing that was like the equivalent of Dashs' version of Bitcoins' Antminer S7.

I don't see how this could negatively effect Dash's future. Changing the algo is irrelevant. I don't quite follow you on that one.

Mining companies are not in the business to make everybody else rich. That would be a horrible business model. They know what their doing and so should we.

Miners will not mine at a loss. I don't know how you can convince yourself that they would. The smart ones will stop mining at a loss and sell their equipment. You don't see many Antminer S5's running anymore do you? The name of the game in mining is profitability. Nobody is mining at a loss long term because it's fun to do.

It is still plenty profitable to mine at 10 cents/kWh in most cases. Right now not a crazy amount for Dash, but the incentives will align with the difficulty rate eventually as soon as everybody realizes that they in fact are not going to make $400 000 annually from one Dash miner and move on. Of course, you will always be more profitable at a lower cents/kWh cost but I believe most people who bough the D3 or A5 have never even considered that because they thought they would have it paid off in a month.

Mining Ethereum with a 1060 or 1070 is, on average, not any more or any less efficient than any other cryptocurrency. Why? Because of the nature of mining and its' incentive game theory. People only mine what is profitable. This is the most obvious #1 rule.

If you are mining because of the fact that you are trying to "...wait for price increases" then smart people will just buy the cryptocurrency directly and wait for the price to increase. Why waste money mining it yourself if your not making a profit and you could just buy it?

I thought I recognized that post


I agree that many D3's will be forced to turn off soon after the A5s start running, unless they have much cheaper than average (or free) power.
I think that too many people saw the false potential to make $150 000 a year with a D3 using one of the online calculators and went all in as soon as they can.
There hasn't been a investment mining "opportunity" that has ever had potential to yield as much as a D3 or A5 so I think that's why the difficulty has shot up more than most had ever seen coming.

Eventually in the long run, things will even out. People will take their losses, and the D3 will end up making roughly as much as the Antminer S7 does in Bitcoin now, and the Innosilicon A5 will be making as much as the Antminer S9 is making in Bitcoin now. It's a rough estimate, but it makes sense as the performance of the two (Dash miners and Bitcoin miners) are somewhat similar. This is a comparison that doesn't take into account price fluctuations or market size and impact or Dash.. we will see how that comes into play eventually.

Currently the Antminer S9 is more profitable in Bitcoin than any Dash miner on the market. This is proof that the Dash mining difficulty will not be able to continue on it's exponential increase. Otherwise, everybody will soon be mining at a loss, and I hope for the sake of everybody that nobody is doing that.

There is one other scenario that I hope is not true. Because Dash mining has just exploded with interest and is relatively new to the corporate mining industry, I believe that it's possible that corporations have managed to create more efficient miners (more so than the Innosilicon A5) and are just running them themselves without releasing them into the public. If this were the case, then nobody else would have a chance, and Dash becomes a centralized garbage coin. 

In a couple months the D3 will cost more in electricity to run than it earns. And currently it only nets ~$2.50 USD worth of Dash per day at 17 Gh factoring average electricity costs in the US. The only chance anybody will have to make profit is going to have to be with the A5, until something more powerful comes out.

It might take years for the A5 to be worth it. But at least the possibility is there. Try running the D3 for a year and you will be paying more in electricity than you will be making, never mind the cost put forward to buy it.

Unless you have free electricity.. D3's will start to yield negative profits in a couple of months.

Btw Innosilicon just posted this. Shipping has allegedly started... given Innosilions track record, I don't even know if I can believe this Tweet:
https://twitter.com/Inno_Miner/status/928803414338707458