lol. GPUs are more profitable lol.
A lot more profitable. I bought two L3 + in March, worse mistake i made in a while my three GPU rigs make more i should have bought two Vega 56's in stead . from what i see buying there new L4 or whatever they call it won't be worth the 1.5, 2 or 3k they may charge for it used unless it does some thing like 3 or 4 GH/S because 1.5 GH won't last long an is just another Ripe Job coming selling them at 1.5, 2 or 3 k @ 1.5 GH . it also depends on how much power that 1.5 GH miner uses it can possible be worse. 1.5 GH 7 bucks a day no power usage added on 3 GH 16 bucks a day no power usage added on >>>>>>>>>>>>>>>>>>>> we don't know yet what the power usage is. 4 GH 22 bucks a day no power usage added on but the fools will pay it thinking they got some thing me included, I hope i don't and unless the community as a whole fights back, butmain will keep doing it . Plus no one should be fooled into to thinking it cost them a ton to make gear,it doesn't . Yep and GPU has a floor profit so to speak, because they cannot decrease the cost of gpu by too much. Their profit margins arent that high. They cant lower the price by 70% or halve the price. Not possible. My worry is whatever gear is bought, asics can have the price lowered by a good 50-70%, increasing sales for the manufacturer but killing off profit and ROI for current owners. For example the E3 was once sold at 800 usd. It is now around 1.8k usd I think. They can lower it to 800 USD and that increases difficulty greatly for everyone. It gives far lower profits for the 1.8k usd buyers. For the S9 and L3, i think part of the reason for the lower price is due to new competition. |
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Is this a gimmick? The problem is they might spam so many units that your profits drop greatly or u just cannot break even. This has occurred with the D3, and now L3+.
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BITMAIN are you here ? is it true ? L3+ became a doorstop ? hahahah
Income: $2.52/ day
El cost: $1.91/day at $0.10/ KWh
Profit : $0.61/day
If you pay administrations fees in the farm as 99% of the farms ask then there is no profit you pay from your pocket.
If you are in Europe you already disconnected and you use the L3+ as doorstop
What a nice investment ...... watch out you will not have space in your house to put so much money $$$$$$$$$$$$$$$$$$$$$$$$$$
Congrats BITAMAIN
I resemble this remark...right now I'm collecting whatever LTC 'dust' I can before likely shutting off the L3+'s in the coming weeks https://bitcoinwisdom.com/litecoin/difficulty has litecoin difficulty rising on next hop above 4% and rising with 2.8 days to go...which leads me to believe that ONLY Bitmain can affect the difficulty at this rate...thus they are likely filling up more data halls with the 'supposed' 1.5gh units ... Not looking good indeed... my current on an L3+ after electric and data hall fees is Negative 6c a day....(this is in data hall w/elec and rent on monthly at $113 LTC) thus, we are screwed indeed it seems again, always use the 'cardboard' box the L3+'s came in...make them much more 'slick' to use as doorstops....less friction moving them about.... (gonna have to add more doors.....a lot of more doors....) ack! Don't forget INNOSILICON there larking in the Dark unnoticed and part of the problem and making a ton . http://www.innosilicon.com/Plus mining with there gear while they sell the new stuff as new so far that is new. I refuse to believe there not mining either at this point in the game . they may not be pulling the same under handed shit but main does with gear but there just as bad if not worse an sneaker about it . let the trolls start . .sigh ..... Innosilicon prices are not worth it. And it is a nightmare to order their products from wat i read. |
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BITMAIN are you here ? is it true ? L3+ became a doorstop ? hahahah
Income: $2.52/ day
El cost: $1.91/day at $0.10/ KWh
Profit : $0.61/day
If you pay administrations fees in the farm as 99% of the farms ask then there is no profit you pay from your pocket.
If you are in Europe you already disconnected and you use the L3+ as doorstop
What a nice investment ...... watch out you will not have space in your house to put so much money $$$$$$$$$$$$$$$$$$$$$$$$$$
Congrats BITAMAIN
lol. GPUs are more profitable lol. |
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@Guap999 The Exscudo team is active on Slack, and they have Trevor from Cryptotalk on there regularly responding to comments. There have been lots of movement in the discussion so it's important to join the Slack group with the invite.https://join.slack.com/t/exscudo-talk/shared_invite/enQtMzY2NTQ1ODA2Nzc0LWUyOGI3NDk4NDc0NDk5YWNiMTg5MzNkNDI2YTQ4ODI3MWQ3Yjg0YjJiNTI4YzMyMTc5ZDAzODc4OGQ0N2Q1ODg It's not worth all of my time to keep reposting on here. People on this forum that care about there Exscudo investment should just join the Slack where the team members are active. The CEO is not active on there, but there is an whole # discussion you have to join on Slack called: #ceo-questions (when you press the hashtag or search #ceo-questions on the Slack channel, then you can see the questions made to the CEO. I hope to see some of you guys on here. I'm really trying to figure out what's going on, and trying to make our investment a good one if we can. Thanks DragonPuff Are they serious in developing the platform? Because if they can do that, the coin can be worth alot more and so can they. All crytpo exchange coins are worth quite alot, from quoinex coin, huobi coin to binance coin. And those exchanges earn alot of money too. |
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Those of you who paid top dollar for the S9 in December and January are beginning to wonder if my assessment is correct now, aren't you?
No because most of what you say is misinformed and ignorant. Ill put any thousand of my S/T9s against your dumpy lil GPU rigs and we can compare profits. No, you'll put your T9's against everyone else on a network hash rate that has more than doubled since January 1, 2018 [See chart below]. ROFL... Good luck with that. I'm still mining with GPU's at a profit that I purchased in early 2016. They have ROI'ed more than 4 times over.   And all coins that u mine via gpu, such as eth, has increased in value like 50-100 times over... |
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why are earnings dropping to 12+ coins a day now. This is a controlled coin and yet like this? wtf
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Hey Searing, have you tried the litecoin lottery at TBDice? Scoring a block would improve your ROI
If this keeps up, the L3+ is gonna be the new D3.
It is already getting there.
Actually have a buddy who under-clocks them and the D3 is making MORE than an L3+ now ..at least in a data hall (rates)... who'da thunk it? lol. That means it is already a D3. After this I hope no one thinks of wanting more "healthy competition" in an oversupplied market. Thats just dumb. See wat happens. It just leads to lower profits for all. I mentioned this a number of times before. Sigh, I didnt want to be right... Now, the only way this will work is if the L3+ gets to higher prices, the L4+ does not appear and litecoin needs to rise up to say 180-200 to soak up all that current difficulty. Then, mining will be decent again. The problem is I do not know how much bitmain needs to sell or wants to sell. And just buying litecoin would be far better if the price goes up as such. Hmm and also litecoin halving coming in a year plus. |
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They been saying alot of things but so far just vaporware. I dont understand why they need to do a presentation to explain a miner. They just need to start selling them...
It says in development.
Just Japanese custom, They're going to have a formal announcement to all investors and see where it goes. Anyone on this forum going? Hmmm but it does say in development right? Didnt some forumers say 7nm is years away? Where is fuzzy |
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GMO 7nm machine to be announced on 6th June 2018. Perhaps Bitmain also will announce something as well. Next Generation Mining Machine "GMO miner B2" https://gmominer.z.comThey been saying alot of things but so far just vaporware. I dont understand why they need to do a presentation to explain a miner. They just need to start selling them... It says in development. |
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If this keeps up, the L3+ is gonna be the new D3.
It is already getting there.
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Bitcoin gold just got attacked by 51%. Still think gpu is safe?
How's that even related to GPU? GPU cannot secure the coin well enough, thats why need asics. It could easily be a bunch of asics that took over the coin lol. And if it is secured by GPU again, asics can easily take over it again. Asics are just too much stronger. |
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Bitcoin gold just got attacked by 51%. Still think gpu is safe?
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Profit drop to around 220 a month here? Wat happened? I thought they stop selling? 7-8 months to break even?
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They keep building because people keep buying. My opinion (and they are like butt holes, we all have one) is that Bitmain is going to go after the ASIC resistant markets. They have proved they can make miners. Take a profitable also, build a miner, piss off all the GPU people, profit. Rinse and repeat.
Hmmm people wont buy so many if it wasnt cheap. The miners wont be so cheap if new competition didnt appear. If the miners are sold at a higher price, lesser units will be sold and difficulty wont be this high. More new competitors = more capacity too. Overcapacity should have no winner. Not halong who came in and probably didnt make profit. Not bitmain who sells miners cheaper and thus, makes less and not miners who face higher difficulty. I dont think the profit is that great in mining either because https://www.coindesk.com/bitcoin-miner-maker-canaan-files-for-hong-kong-ipo/ Canaan who is planning for IPO makes 56million profit in 2017 and 2017 was a record year for mining mind u. Revenue is 203.8m for 2017. And this 56m is 6 times profit of their previous year, meaning profit for 2016 is 8 million. Just my 2 cents. |
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The S11 rumor is already floating around so where there is smoke there is fire. After June and the coupons expire we will probably start to see the preorders for the next wave of hardware.
Well, https://bitcoinwisdom.com/litecoin/difficulty shows in 12 hours difficulty will go up 6.42% for LTC...thus at (what I get) at an L3+ (currently, the main product for us now for scrypt-pow) ....at 41c per day! I ASSUME no one is dense enough to be buying L3+'s in mass with these LTC prices and I also assume there are NO other competitors to Bitmain ..that could pump scrypt-pow machines for LTC diffiulty up 6.42% in the last few days so you are probably correct..they are probably filling data halls with new scrypt-pow miners to replace the L3+ and your likely S11 BTC miner... fill the data halls over the summer ..drive up say difficulty of LTC up and if not at least 'upsurp' the network share ..and offer pre-orders in late fall I just can't see folk buying Bitmain L3+'s in mass enough to kick up the difficulty 6.42% supposedly, and no other mnfg has numbers to do this either IMHO, thus it is bitmain with a new scrypt pow unit that they are slipping into the data halls, gain matches the 'coupon' death in June... We will see, but likely above, IMHO It is possible that there is no L4+ and it is just due to cheap price of L3. This is why more "competition" which leads to lower priced miners is never a good thing. This reminds me of the D3 where cheap miners killed ROI. I suspect the S9 can possibly get cheaper if competition intensifies. I hope it does not though.... No....no it is not. This is very hard for you to understand isn't it? You're like a broken record. You seriously should find another hobby. This one seems to be adding much confusion to your world. U cannot assume that there is an L4+ when there isnt hard evidence yet. Yes, it is possible it exists, but no 100%. The mining increases coincided with L3+ being cheap. I warned many pages back that competition WILL go through the roof with cheap miners. Thus, we shouldnt be happy about it. At 6 cents electricity, the L3+ still makes 41 USD. At 12 cents, it only makes 6 USD though....A D3 issue may occur here. The S9 turn cheap just as the halong T1 appeared to be real. Bitmain made a parody webbie on Halong even before hand. They are not blind to competition I would think. Halongs webpage once said they spent over 30m to bring it to market. If it cost 0.5k to make and is sold at 1.5k price, they still need to sell 30,000 just to break even. If cost is 1k and price is 1.5k, they need to sell 60k units. I remember myrig wrote something about 1180 units in this batch or something. That and halongs post about "unfair competition makes me think they havent sold enough. It is around this time that the L3 turn cheap as well, not just the S9. Suddenly tons of coupons appeared and everything is cheap. My gut tells me bitmain is trying to knock inno off. Just my 2 cents |
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The S11 rumor is already floating around so where there is smoke there is fire. After June and the coupons expire we will probably start to see the preorders for the next wave of hardware.
Well, https://bitcoinwisdom.com/litecoin/difficulty shows in 12 hours difficulty will go up 6.42% for LTC...thus at (what I get) at an L3+ (currently, the main product for us now for scrypt-pow) ....at 41c per day! I ASSUME no one is dense enough to be buying L3+'s in mass with these LTC prices and I also assume there are NO other competitors to Bitmain ..that could pump scrypt-pow machines for LTC diffiulty up 6.42% in the last few days so you are probably correct..they are probably filling data halls with new scrypt-pow miners to replace the L3+ and your likely S11 BTC miner... fill the data halls over the summer ..drive up say difficulty of LTC up and if not at least 'upsurp' the network share ..and offer pre-orders in late fall I just can't see folk buying Bitmain L3+'s in mass enough to kick up the difficulty 6.42% supposedly, and no other mnfg has numbers to do this either IMHO, thus it is bitmain with a new scrypt pow unit that they are slipping into the data halls, gain matches the 'coupon' death in June... We will see, but likely above, IMHO It is possible that there is no L4+ and it is just due to cheap price of L3. This is why more "competition" which leads to lower priced miners is never a good thing. This reminds me of the D3 where cheap miners killed ROI. I suspect the S9 can possibly get cheaper if competition intensifies. I hope it does not though.... one company or 10 companies building asics does not matter. Simple fact is the builders can just keep building and selling their gear and simply glut the market. This is happening as I type. This drives price of coins down. Think of mining as bank interest 50 cents a day profit on a 500 dollar cd is good. It does matter actually. New entrants add to more overcapacity and greater competition. I suspect rhat bitmain keeps building because they already placed orders for such capacity before hand and they flood the market to make sure they continue to be the biggest manufacturer. The biggest manufacturer has a significant cost advantage over the smaller competitors. It is not uncommon for the market leader to change pricing and tactics to slaughter a new competitor that enters their market. I dont think halong broke even on their new T1 yet and may possibly never do so. They should fire their market analyst for suggesting entering the market at this time. The new dragonmint isnt even available on halong site, only inno site. Maybe they are having financial issues. I am not sure if they have such issues but coming in with a new product in an overcapacity market against a competitor with stronger pricing is a horrible idea lol. Just my 2 cents |
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The S11 rumor is already floating around so where there is smoke there is fire. After June and the coupons expire we will probably start to see the preorders for the next wave of hardware.
Well, https://bitcoinwisdom.com/litecoin/difficulty shows in 12 hours difficulty will go up 6.42% for LTC...thus at (what I get) at an L3+ (currently, the main product for us now for scrypt-pow) ....at 41c per day! I ASSUME no one is dense enough to be buying L3+'s in mass with these LTC prices and I also assume there are NO other competitors to Bitmain ..that could pump scrypt-pow machines for LTC diffiulty up 6.42% in the last few days so you are probably correct..they are probably filling data halls with new scrypt-pow miners to replace the L3+ and your likely S11 BTC miner... fill the data halls over the summer ..drive up say difficulty of LTC up and if not at least 'upsurp' the network share ..and offer pre-orders in late fall I just can't see folk buying Bitmain L3+'s in mass enough to kick up the difficulty 6.42% supposedly, and no other mnfg has numbers to do this either IMHO, thus it is bitmain with a new scrypt pow unit that they are slipping into the data halls, gain matches the 'coupon' death in June... We will see, but likely above, IMHO It is possible that there is no L4+ and it is just due to cheap price of L3. This is why more "competition" which leads to lower priced miners is never a good thing. This reminds me of the D3 where cheap miners killed ROI. I suspect the S9 can possibly get cheaper if competition intensifies. I hope it does not though.... |
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Hi Bitmain,
XVG just got hacked again. It is a 600million mkt cap coin, This is the 2nd hack. It is probably due to someone gaining 51% hashrate again. Perhaps can approach XVG to develop an ASIC with it. Win-win situation yes? A new product is created. Miners hopefully can make profit.... and XVG gets the security they need. Otherwise, there will be a 3rd hack lol
Does bitmain read these posts hmmm
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Yes I agree but i bet many customers are building massive farms from this going from the GPU history of farmers. It would still hurt their rep. If I'm given a choice between bitmain and a new competitor (And there will be believe me) then I'm going to try another. I'm sick of their new policy of bleeding us and the pools dry.
Actually if a new competitor appears, the hardware war will be bigger and bitmain will likely win. I suspected the war was coming when the halong dragonmint turn out to be real. I did not expect it to affect L3+ though. It looks like bitmain wants to take halong, who is probably innosilicon down...and it is gonna take away alot of profits from everyone to do that. This halong is a major idiot. They will probably lose money from the dragonmint T1/T2. They cant compete at all. Chances are that their sales are not gonna cover their cost of producing the dragon T1. And when the war started, I suddenly see the D3 for sale again, for very cheap, among other miners. Innosilicon will make a lot less now. My gut feeling tells me the dragonmint T1 sparked this war. Honestly I don't think anyone can compete with Bitmain. Halong and Innosilicon miner prices are ridiculous in this bearish market while Bitmain are lowering prices every month. When you have a business there are things that attract customers. Two of which are price and customer service and Bitmain got both. Innosilicon and halong have the new Samsung asic chips which are the best at the moment. Thats one reason they charge so much. Bitmain is overdue for their new tech to hit the market. They just seem to be tweaking and overclocking old miners and calling them a new variant. Im sure a lot of people are kicking themselves that they dismissed halong as a scam in the beginning, i sure am. The dragon T1 works efficiently at around 14th and is only 10% more efficient than an S9 but it costs alot more at around 1500. For 1500, u can get 2 S9 and some money back lol (use coupons). 2 S9s give around 80-90% more hashrate than a dragon T1. The only time the T1 will be more profitable than 2 S9s is if one T1 makes $20 a month due to being more efficient and each S9 makes say $5 a month. This can only occur if difficulty rises that crazy high. If such a case occurs, u will never ever break even anyways lol. T1 @ 14th and 10 cents electric = 114 usd profit 2 S9 @ 28 TH and 10 cents = 205 usd profit The T1 maxes itself out at 10nm while the S9 is at 16nm and can be improved to 10nm, but I hope an S11 never appears lol. Dragon went into an oversupplied market against a competitor that has superior pricing power. Their cost of entry is probably high. Their entry cost being high is a guess from the post they make on the site back then by saying over 30million has been spent to bring the product to the market. I suspect 30m is alot considering canaans FY2017 profit is only 56m and 2017 is a record year for bitcoin. Just my 2 cents Well said. People are not going to pay 2x the price for a 10-20% increase in efficiency. T1 is not a competitor with it's Samsung chip, not yet at least. If an S11 occurs, the S9 could be obsolete or close to obsolete. Lets hope it doesnt... |
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