quote the part where i complained about bitmain ? mining WAS not like any other business, I roied on some Asics in under 2 months, what other business can do that? not even drug dealers can do that ! .

plus you ignored the real question which is how do you calculate profit for mining? i answered for you but you are just refusing to admit it. ok so let us keep this plain simple, you told us your power rate  5.5 cents. and we will be able to tell exactly how much will it cost you to buy the S15. and we will assume those miners you getting are A+ quality that will last 10 years . why don't you prove everyone  wrong and come back when you get your ROI ?

i am betting "whatever amount you willing to bet" that you will never make it. bitmain is feeding of noobs like you and that's pretty much the only thing that keeps them going , noobs who pay close to 200$ for shipping plus 25% tarrif fees and with high power rate try to compete in the mining market.

so prove me wrong and come back when you ROI. other than this whatever you say is just B.S like everything else you said.

first thing first you should invest some time in learning how to quote your b.s instead of calling people names, or bring their mothers into an asic miner discussion.

yes i pay LESS than 2 cents per kwh and I am not going to buy those S15s, how is that your problem ?

then you talk about " profitability" , you must be a newbie in this field, you take the hashrate of your miner, paste it on whattomine and then say waw this is the greatest investment i will ever make, ROI in 6 months !! and 200$ monthly ! i am going to ALL IN.

you realize 3-4 months ago, antminer A3 used to net 8-9$  daily and now it is a door stopper ? antminer S9 did well above 8$ a few months ago and now it hardly makes 2$.

so how the fudge do you go about calculating "profitability" in mining business ? just because I have very cheap power rate does not mean i should invest in Asics when i already have bunch of them. most of which have got ROI "thanks to my cheap electricity" but i do not put all eggs in one basket.  mining is no longer an easy business that a newbie like yourself would invest 10k and get 50k same month next year. things have changed , you now have to treat mining as a real business, things are only getting more difficult for the average folks. 2017 is gone and it's never coming back. you need to wake up and smell the coffee.


Dude some people will never learn, come back in 4-5 months when you see everyone complaining about their S15 missing hashboards , and how bitmain dropped the price over 70% , and how difficulty is increasing regardless of btc price. the same people cursing bitmain for selling L3 for 50 bucks when they they paid 2500$ for it and never ROIed will be doing the same thing about bitmain S15. you just gotta wait and see .

you do release the world is much bigger than the U.S right? i pay less than 2 cents per kwh , and 0 tax on asics.  so my profit and ROI are pretty much different from yours , nobody pays 24% for miners except in the states " non that i am aware of". huge farms in china ship their miners in trucks  " next door to bitmain warehouse" it costs them NOTHING to ship and pay no tarrif + they get good discounts on bulk orders !! and they get cheaper power rate than yours.

and ya people still run S7 but can you with 5.5 cents ? not likely !

what i am trying to tell you is (every one has his own inputs of doing the math), it may work for some while not work for others !

I will not buy any of those asics nor any other asics even with the dirt cheap kwh i have. but it's a matter of couple weeks till you see thousands of them being shipped across the globe mostly to noobs that  will never ROI

---

i do think he may be off in hashrate aspect, but as for power cons i think you are off, i am guessing 1400 or less , you know bitmain needs to target people who have only 100-140 volts too. and i do not think bitmain has any sort of psu that can supply anything above 1500w for those people. and ofcourse they would want to sell their psus as well !.

but still we are all just speculating here, the real numbers will be there in 2 days.

we shall find out in 2 days. i personally hope it fails big time to be honest. i am not buying any more asics and i still want my s9s to bring in some BTC

Some leaked info  

Hashrate =34TH
Price = 1200
power = 1500W

these information was giving to me by a Chinese friend who is an loyal customer of bitmain.  I can not confirm/deny but usually his leaks are accurate. let's find out in 2 days.

RIP S9s  

No wonder you are not getting any sort of merits.  not only because you believe that POS is a winner, but due to the way you try to present your idea.

see I have never learned English writing in school , it's very rare to find english speakers where i live, I learned what i learned mostly online and from watching movies and shit like that ! . and one thing I have learned "For Free" is that whenever you try to compare something to something else ,you have to address both PROs and CONs of EACH. you can't say

CONs of pow are ********************************

so POS is a the winner ! . really?


now back to the topic, the way i see it, the best chance that any POS project has is being  Hybrid PoW+PoS , that might actually work. ! . aside from that POS alone is bullshit at its best.

and as for the environment Banks around the globe consume much more power than every ASIC/GPU/FPGA combined. and if you want to play that environment card, then there are many other more important issues you should try to solve before you talk about POW. start with Make-up  waste disposal    [/list]

I would bet 1 btc that guy is a scammer, who wants to bet ? !

dude, scammers feed of greed and ignorance. you have to be greedy "justifiable" or ignorant "not very justifiable" or both  "unjustifiable" . ask yourself a simple a question, if he wanted to help you, why not just send you the money he is willing to help you with ? I do not know the guy you talking about , but i have been there long enough and I am 100% he is just trying to scam you. you can my words for it, or lose your 100$.

So i am a satisfied user of awesome miner, last night i wanted to purchase another license since i loaded more miners , and then i found out that bitcoin payment is no longer an option!.

it is a little strange here, Awesome MINER does not accept crypto for payment ! and we are still waiting for mass adoption  

lol why so series bro?




of course they have another choice. TURN THEM OFF

simple logic dude, assuming you are already screwed by your S11 or A3 that have not ROIed yet. and you are in loss for say 5000$.

what do you do? throw them away ! right ?

but if you chose to take a further risk of paying say another 1000$-2000$ on electricity bills that means you believe that siaclassic may be worthy of something.

your statement would have been valid if mining siaclassic would yield any sort of instant profit. in your example about the X3  people mining XMC ,DERO or any cryptonight based coin do not necessarily believe in those coins, but they mine them to make $$. but it is totally a different case, people are PAYING to mine siaclassic and they can't cash out on weekend. so unless they BELIEVE in the coin, then they wouldn't do it.

 

well to me it seems that since people are taking a risk into mining a coin that has no value yet means they BELIEVE in that coin. or else why would anybody risk paying electricity bills for nothing ? now of course this is a high risk/reward game. so everyone should make their own calcs before jumping in. 

this will be risky as hell, i assume you talking about cnc router and not laser since you want to use it for cleaning the IC's ! . setting a perfect Z point on your cnc with 0% room for error is nearly "impossible".  you will need a 100% flat ground " maybe take an MDF sheet and perform an area clearnce with your end mill to get that flat surface" , but then again i doubt the accuracy of your cnc will be safe to try and risk the IC's.  philipma1957's idea of making a format for cleaning would make more sense, but you will need a laser cnc to do that. it will take sometime to set up perfectly, but will make your job much easier when sanding those ICs.

should you decide to go for one , i can help . i have a tremendously good experience working with cnc machines.

I doubt the z9s are built with enough quality to last till after late 2019 anyway.

If you really starting mining during July then there is no way that you hit any soft of ROI what-so-ever .

30$ now is something lose to 65 * AMD rx570. such a set up requires some good amount of money spend on mobos,ssds,rams,psu,cables,cords,extensions etc,,

---------------------------

as if for mining dead ? is the earth flat?

I think we all know that whatever statics shown by the solo pool are practically useless. they do not reflect our chances of hitting the next block. but it is emotionally encouraging  to see people on the same "SOLO" pool finding blocks . i don't know how to explain it well enough but i am sure most of you can relate 

So after the Sia hardfork.  a dozen of Bitmain A3 and Innosilicon S11 became worthless paper weight.

so last night i was helping a friend of mine , trying to find if he could still mine anything with his door stoppers ( he has a bunch of A3s and a few S11s).

so after some research , I found this > https://siaclassic.org/

you can also read about it on this forum >  https://bitcointalk.org/index.php?topic=5056837.0


all you need to do start mining sia classic is

1- Download the wallet > Sia-UI v 1.3.5 https://github.com/NebulousLabs/Sia-UI/releases/tag/v1.3.5

**make sure the wallet is v1.3.5 or lower.


2- Connect to one of these mining pools.

MINING POOLS

You can mine SiaClassic in the following pools:

- Poolin.com https://help.poolin.com/hc/en-us/articles/360018798311-Poolin-com-Announcement-about-Sia-Hardfork-and-Poolin-Mining-Service-for-SiaClassic

- SiaMining.com https://classic.siamining.com/      > there is currently 25.4 PH pointed to this pool , so kindly support smaller pools .

- f2pool.com https://blog.f2pool.com/en/announcement-en/sc_hard_fork_en

-------------------------------------------------------------

Sadly, there is no real $$$ value for Siaclassic, but the project seems to be promising, so you will be mining at total risk , should this coin became of a high value, you will end up with lots of $$$$ , should it go no where, you will end up paying your electricity bills for no reward, but seeing such huge hashing power pointed to this coin, only shows that people have faith in it. again DYOR and do it at your own risk.

** the links for the pools/wallets are copied and pasted from Siaclassic Telegram group  > https://t.me/SiaClassic
 

39$ + 95$ psu + 100 $to 140 $ shipping . we will take 120$ as an average.

that is 254$ of total cost.


so , if you are paying anything above 4 cents per kw  then your profit is NEGATIVE.

according to what to mine, assuming you pay 4 cents per kw you get 17 cents mining dash ( do not bother about what Nicehash show or those other coins on cryptopia that you can't even find a proper pool for.


so 17 cents daily. for the sake of simplicity , we will assume difficulty stays the same, and dash price spikes up real good almost 100% . and you make 25 cents a day


.25 * 30 =  7.5 $

ROI = 254 / 7.5 = 33.8 months .


in plain English, even with free power you will never ROI on this thing, i bet a horse that the hash boards will be bricked long before you ROI.

good luck.

says the newbie .  you clearly don't know shit , bought sia ATH and now waiting for moon. good luck  

I do not think this will last for long. many D3s miners are running at a very tiny profit, same thing goes to A5 miners " slightly better profit" pretty soon those miners will have to be shut down. leaving the whole network under control by the spx36.  i feel bad for those people who recently invested in inno a5 and bitmain D3 miners. many of them will not be able to ROI , and i am pretty sure even the Sp36 guys will not be able to ROI as this product is insanely expensive and it will not be too far before greedy bitmain/inno release a much cheaper and more efficient x11 miners.

why do  sia fans get butt-hurt when someone tries to spot the light on a wrong behavior ? everyone is defending the fork and i am pretty sure most of you do not understand the reason behind it, but it's there. it's stated by the dev on their blog saying;
https://blog.sia.tech/sia-proof-of-work-reset-24b5ec439625

the fork was mainly done to brick Inno and Bitmain asics so that the dev team who are heavily invested obelisk asic can protect their investment in the mining world.

the story is there , it is simple and everyone can read it. Sia dev team came up with a great project , they did a great work in raising the price making use of the last bull run. sold a huge amount of their hodlings for a good amount of fiat , re-invested that in the Mining world, spend couple millions in their Sc1 miner, things were starting to look so bright for the devs / investors . only for a little while before Bitmain dropped a bomb "A3" on Sc1 , and not too long after that Inno dropped a bigger bomb "S11" which was technically/economically  impossible for the obelisk team to compete with. so then they had millions of dollars in worthless ASICs , while sia price is not doing any moves due to the overall bear market. so what to do ? !Hardfork! .

i am not hating on SIA as i do believe it is a great project " i am supporting the SIA classic project now" , but if any of you use your common sense, you will understand that this hardfork has no benefits for the project itself.

now unless you are a noob in crypto, or stuck with bunch of obelisk miners then you should understand that a fork which is technically unnecessary is bad for the overall project.

-the Sia community is now split into 4 groups > https://siamining.com/chains.
-the network is more centralized than ever.
-the total hashrate is too small given the bad performance of the SC1 miners (550 GH/S ) as apposed to (3830 + GH/S) for inno S11 which costs much less than the SC1.

the network is now so vulnerable, all what Inno needs to do to perform a 51% attack on sia is about 700  S11s (based on current network hashrate of 4.73 PH/)  that can mine on the new fork.

now if this does not ring a bill in your head, then nothing will. but  i am sure one day you will wake and smell the coffee.

 

i am not angry, really, do i seem angry ? lol ok i just read my comments and ya i do seem like an angry whale who has got a huge farm loaded with bitmain and inno miners. but really I am not affected by this fork by any means. I just do not like the way the dev went about protecting their investment and they put on a show of how they are trying to protect us while they were only and mainly protecting their investments !.

anyway as for the hash rate .  i do not know , but i think siamining.com is the biggest pool for sia. and it shows 251 TH/s for sia and  24.7 PH/s for sia classic.
PH=1000 TH .