What are your thoughts on the asic miner co boards Matti?
As close as I could look at them, the design looks good to me. As you mentioned in the video, I guess no burnt parts were found in the faulty miner? No bad capacitors? Could not find a single piece that looked burned or damaged -- however I am no expert here and just because it appears fine does not guarantee it is . . as you know. HOWEVER at the end of the day they said I have already had it too long anyway and to send it to their next customer w/ "more experience" w/ their miners. So I would happily bet that they simply turned it off to have me send it off --- whether these chips hash 180k or good chunk of hash is redirected I do not know. Past sending an actual "real" miner they have done nothing to instill any sort of confidence in me.
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isn't more paste always better? /s
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I posted this already in the video comments, but here we go: "Hey Vosk, great video once again! But you have one thing wrong in the video. You CAN order less than fourty AvalonMiners, in fact only one if you want to. But they deal these small orders via their official partner network. https://canaan.io/official-distributors/ See Blokforge and Cryptouniverse for example. Best regards, Matti " That's a good point, accidentally overlooked that -- as I know personally nova-bit deals as well. Unfortunately some info gets lost trying to condense everything in a 10 min video. What are your thoughts on the asic miner co boards Matti? https://www.facebook.com/VoskCoin/videos/720618014956305/
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Plugging in the numbers, it's $12/day revenue, $9 profit at 9 cents power.
Assume they ship 3k units, which increase difficulty by 25% over a month, revenue down to $9/day, profit $6/day. Seems like a 100 day payback investment, but whatsminer DCR shipping in 60 days.
Nah this will get wrecked.
nailed it lol
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Hey everyone I put together a video talking about just what exactly is ASIC mining, who are the main players making ASIC miners and I tore down several miners including the ASIC Miner Co 180,000 sols $20,000 miner and their ASIC Miner Co 8 Nano btc miner -- both of these Application-Specific Integrated Circuit (ASIC) crypto miner https://www.youtube.com/watch?v=rcJZA7uo3QcLinks to all information utilized in this video What is an ASIC Wikipedia - http://bit.ly/2xzs0C6Bitmain Official Web Shop - http://bit.ly/2QPoVG5Innosilicon Official Web Shop - http://bit.ly/2NZKW6JCanaan Official Web Shop - http://bit.ly/2Dm42jhASIC Miner Co Official Shop - http://bit.ly/AsicMinerCoEbang Official ASIC Store - http://bit.ly/2I7mivmPangolin Whatsminer Miner Store - http://bit.ly/2znZBQJASIC Mining Profit Calculator - http://bit.ly/2MnqprSVoskCoin ASIC Miner Co Tweet - http://bit.ly/2QOupkFReal footage of ASIC miners cracking GPU algos ASIC Miners available on Amazon Prime - http://geni.us/B0suxcIGrab some VoskCoin Swag! https://teespring.com/stores/voskcoinThe top ASIC manufacturers discussed -- such as Bitmain, Innosilicon, Canaan, Halong Mining, Ebang, Pangolin Whatsminer, Spondoolies, Dayun Zig Z1, ASIC Miner Co, and others. VoskCoin Patreon - https://www.patreon.com/VoskCoin VoskCoin Facebook - https://www.facebook.com/VoskCoin/ VoskCoin Reddit - https://www.reddit.com/r/voskcoin/ VoskCoin Discord Server Invite - https://discord.gg/FGGmS2z VoskCoin Twitter - https://twitter.com/VoskCoin VoskCoin Instagram - https://www.instagram.com/voskcoin/
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They probably could care less because you didn't tell everyone to BUY NOW BEST MINER EVER in your review. So now they show true colors
That’s pretty much exactly how it went lol
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Extremely disappointed. I was ready to move all my GPU Rigs off ETH and on Zen as soon as I was sure they were going to be ASIC-resistant again. Guess screw it ill buy ASICs for Equihash and Eth-hash since Dev's don't seem to care at all why should I? Ill reap my profits from the ASICs and abandon the coin as soon as something more profitable for my ASICs is out.
The Problem is not the ASICs but Nicehash if you want to secure your network. Now image Nicehash with tons of equihash ASICs. You've played yourself ZEN.
Have you looked into their dpow implementation? Interesting to see if that solves the abuse problems from the longest chain rule
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possible to mine whit an 7990radeon 6gb ??
What rock do you live under?! Zec is an asic mined coin now and has been for months lol
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lol they are probably livid you are reviewing this still
yes . . they are lol if they would help me and answer questions instead of speaking rudely over email maybe I wouldn't have to do everything the hard & long way
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As we head into the last quarter of 2018 some dynamics: 1) All that pent up video card demand will eat up lots of those 1070/1080s that were used "temporarily" for ETH - I don't see these cards hitting rock bottom too quickly 2) Those poor 1060 3GB cards - man those are soon trash other than for mid level gamers (unless you're mining in Win 7). Hopefully nVidia tries to rip us a new one on RTX equivalent. I've populated as many game rigs as I could with 1060s - need to get rid of the last few stragglers. Even 144Hz monitors can't help support the price because anybody guying GSYNC is going to get at least a 1070. 3) This season the 144Hz craze (you can see it from all the posts in Reddit BAPC) will help eat up some of those RX580s. Vegas still have a home in Monero. If you haven't dumped your RX470/480s yet you've got some insane power rates. 4) RAM and SSD prices are dropping so people will build rigs for 4K systems. Console 4k is meh. Looking at the RTX pricing nVidia is not enticing people to buy new cards. Plan you farm decommission appropriately. I made money as the market went up, and sold my gear at top prices - I'm still HODLing to pick up the coins. ETH dumping velocity from ICO addresses is still relevant.
here is a small rig 2 vegas and a threadripper https://www.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53VbtjeProfitability0.0004 BTC/day 2.92 USD/day Efficiency 100.00% note 2.92 usd and gear burns 550 watts which is 13.2 k-watts I don't push it it is pretty quiet. 13.2 kwatts at 10 cents is 1.32 a day which means 1.60 profit a day x 365 = 584 paid back each year and gear has 3 years of warranties. also for 6 months of the year it is free heating. Now does it mean I will have 70 gpus this winter no I will be under 20. So last year OCT NOV DEC and JAN 2018 were wonderful. This year not so much. Agreed Vegas have done quite well mostly because fluffy gives a rats ass unlike most of the other self serving devs bought off by ASIC money. This is another example of why it's good to diversify your cards if you're building a farm. Jumping all in on 1080s for Equihash or RX 470s for ETH may seem good at the time but you're not able to ride out long dips like this. yeah I sold off most of my cards and it's a lot easier to manage 20 cards instead of 500. I remember back when BTC was 13TH/s - I was a meaningful part of the network lol. Good advice, my majority Nvidia farm -- was setting me up to get burned BIG TIME when the onslaught of ASICs in 2018 happened. .
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what do you do with ASIC if it noth worth to mine.
it can sell like vga card sell to gamer
what do you want to dothrow it away or keep it until btc price up?
Stick it on eBay as an auction. One man's trash is another man's treasure hey precisely. . someone gets it! lol
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You dont have a 7 year write off. Section 179 was 500K instant and up to 2mill accelorated BUT since new Trump tax laws hit Section 179 is gone and its just the law. So you can write off instantly any amount with a few exceptions like a building etc. If it can be removed and taken with you then it can be instantly depreciated. A driveway for example can't.
Hope that helps and of course talk to you tax guy. If he is not a dip shit he will be aware of this stuff.
The reason i built my 4mw building was because of the tax hits I can avoid. Well not avoid just kicking the can down the road is a better analogy.
would you mind elaborating on some decisions you've made mainly based around navigating taxes better? Taxes . . a complicated system that is always changing lol
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Here's the hashboard from the asic miner co zeon, going to tear down the 8 nano next
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Asic Miner Co Zeon Hashboard
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Many have been anticipating the launch of the Loki Network Service Nodes, and that day is finally here. The SNs are much easier to setup than other nodes I have experimented with previously. The original staking requirement was 45000 LOKI, which dynamically reduces as each block is found, for example it is already under 49980 at the time of this post (a couple hours after launch) https://steemit.com/cryptocurrency/@voskcoin/loki-network-service-nodes-are-live-successful-launch-block-101250Who else has setup a SN / any guesses on how many nodes will be live within a week?
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