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wooow major dumping went down today. Trading volume usually in the range of 30 BTC, Today it reached 111 BTC and we're not mid day yet
I barley dipped my toe and down almost 7% in 1 day
I had my concerns about the block reward Roger Ver gets and how he might be a bad actor and all that power in his hands (someone on the inside is probably doing the dumping right now, could be roger or the lead dev)
I'm going to monitor the project more without buying, if it keeps dumping i'm abandoning
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ouch
That coupled with their staff treating you like your a beggar.. Like when you email them why is my shipment late; and they don't even bother replying like their saying fucker we still not done mining with them, when the difficulty penetrates the roof and profitability is dead we'll send you your broken miners don't worry
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What part of "parameters don't stay constant do you guys not get?" When I bought them at 10000 USD, profitability/miner was about 260000 USD One month later, difficulty increase, and profitability/miner was about 60000 USD Ages later, once innosilicon had enough mining with my miners and sent them to me, difficulty increase, and profitability/miner was about 6000 USD Innosilicon had also a few surprises for me (hashboards burn) some miners not working etc. etc. Today, you can see the profitablity yourself BITMAIN are now flooding the S9 just like they did with the D3 cuz the new Halong miner will ship soon ASIC is destroyed Ethereum will switch to POS GPU Destroyed Save yourselves and buy godamn crypto and let the ASIC producers lose money and be left holding worthless hardware for once Can't say no one warned you guys ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I mention similar things a few times before. Pls do your own due dilligence before u guys purchase. Juz look at mining difficulty. It was 0.1 in jan and 1.4 in december. From dec to feb, it moved from 1.4 to 2.8. Yes, it increased by more than 11 months worth of difficulty in just 2 months. For dash, it has become unprofitable for D3 miners. Some plug it out and difficulty went down. It will go back up as dash price increases. So, bare that in mind too and do your own due dilligence. I wish I had someone to warn me before I waster my money. More than 100000 USD down the drain ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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What part of "parameters don't stay constant do you guys not get?" When I bought them at 10000 USD, profitability/miner was about 260000 USD One month later, difficulty increase, and profitability/miner was about 60000 USD Ages later, once innosilicon had enough mining with my miners and sent them to me, difficulty increase, and profitability/miner was about 6000 USD Innosilicon had also a few surprises for me (hashboards burn) some miners not working etc. etc. Today, you can see the profitablity yourself BITMAIN are now flooding the S9 just like they did with the D3 cuz the new Halong miner will ship soon ASIC is destroyed Ethereum will switch to POS GPU Destroyed Save yourselves and buy godamn crypto and let the ASIC producers lose money and be left holding worthless hardware for once Can't say no one warned you guys ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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its profitable miner
hahahahaha So naive Reminds me of me when I purchased each unit for 10000 USD Please don't waste your'e money mate Already many tried with them you can't make profit difficulty will rise and you're miner will break down
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In summary
1. They lie about delivery time 2. The miners are low quality and boards burn easily 3. The company isn't professional and the staff (if you are lucky enough to get a reply from them) are extremely rude and barley reply to emails 4. They are in China so there's nothing you can do about it (they know that you can see it from the way they treat their customers) 5. They have a mentality that they are entitled to your money and them sending miners (even if they don't work) is a job done and it's up to you to figure it out. 6. They will put you through hell to get support on broken miners 7. Warranty is bullshit they'll make you pay for anything and will even try to squeeze more profits out of you 8. X11 mining algo is REKTTT
I will not forget Innosilicon even if i'm 80 years old
I will not forget what they did to me
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Worst decision/investment of my life.
After difficulty sky rocketed, I received the miners one month late
One is already broken, barley ran it
I'm just running what's left to recoup as much as I can, 10 or 20% is fine at this time. Making a profit is not even being considered
All that while bitcoin hit 19k USD
Wish I had just bought bitcoin and sold the peak
Now I know I should be responsible for investment decisions and no one could foresee BITMAIN fucking up the difficulty level and killing mining rewards the way they did
But that doesn't mean these ruthless scumbags that took my money can treat me like a beggar and don't even bother replying to emails for a week or two while i'm losing every day they are late
And don't be fooled, before taking your money they'll be nice and sweat and do whatever it takes to sell
After that you are pretty much their slave and they make sure you know that in the most disrespectful way you can imagine
Was so mad I went numb
There's not even a number you could call. Just email them and they'll reply after a week or so with a dry one line reply that doesn't resolve shit
Guess this was the most expensive lesson of my life, literally it's more expensive than a college degree
I wish I could get back at them for doing what they did to me
I wish they go all in on a shitcoin like bitconnect and lose every godamn hard earned penny they caused me to lose
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Hey guys
Started mining dash recently
Antpool are hoarding mining rewards and scimming
Need pool recommendations ASAP
Thnx
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Hey guys Anyone received an a5 yet ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Nope. Haven't heard anybody who claimed to have received one yet. Although... I did find a couple A5 videos popping up on YouTube: https://www.youtube.com/watch?v=Wr3qDZuRKHshttps://www.youtube.com/watch?v=fa8cw5aeIkQIf you haven't checked Innosilicon's Twitter page, there is a short video of them in action. The A5 appears to be quite a bit smaller than the Antminer D3, which I found to be quite interesting. Also, from what I gather using YouTube's auto generated English closed captions (quite inaccurate I know..), the guy in the video claims that normal mode is in fact 30 GH/s, 32GH/s in 'esa' and 38GH/s overclocked. Not sure if 'esa' was translated correctly... if anybody knows please enlighten me. He also claims 750 Watts of energy consumption in normal mode. He also states that the D3 is nosier than the A5, which I think is also a big plus for anybody who will be running the A5 at home or more likely in their garage. When he plugs it in he ends up getting 33GH/s which is quite nice! If this is legit, then Innosilicon actually managed to hit their promised target which is good news. Not sure it will be enough to hit an ROI any time soon though ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Ya about that video did you notice the power meter at the wall? it had a reading above 800 W, different from the 7 stated in the same video No I missed it, where in the video do you see a power meter at the wall? https://www.youtube.com/watch?v=9nyIewRpB4U1:13 - But now that I came back to it, that is the miner overclocked Still its different than what he states verbally Speaking of overclocking, anyone here planning of overclocking his a5? If so, do u know how? and what are the risks associated with it? Regarding S9s, I am running a few too but you need to remember the ROI is tied to the huge increase in price, making it one of those "If you just hold the coin instead of mine you would get the same result without the headache" Bitcoin's price seems under attack lately and especially with the USDT tether scam pumping the price drama So if bitcoin's price comes down, many miners will need to exit, specially ones that are running less than 100 as the return per miner would become too low and everyone would want to get rid of his miner asap as they know before the time they would start netting profit newer more efficient miners will arrive Just my 2 cents
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Hey guys Anyone received an a5 yet ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Nope. Haven't heard anybody who claimed to have received one yet. Although... I did find a couple A5 videos popping up on YouTube: https://www.youtube.com/watch?v=Wr3qDZuRKHshttps://www.youtube.com/watch?v=fa8cw5aeIkQIf you haven't checked Innosilicon's Twitter page, there is a short video of them in action. The A5 appears to be quite a bit smaller than the Antminer D3, which I found to be quite interesting. Also, from what I gather using YouTube's auto generated English closed captions (quite inaccurate I know..), the guy in the video claims that normal mode is in fact 30 GH/s, 32GH/s in 'esa' and 38GH/s overclocked. Not sure if 'esa' was translated correctly... if anybody knows please enlighten me. He also claims 750 Watts of energy consumption in normal mode. He also states that the D3 is nosier than the A5, which I think is also a big plus for anybody who will be running the A5 at home or more likely in their garage. When he plugs it in he ends up getting 33GH/s which is quite nice! If this is legit, then Innosilicon actually managed to hit their promised target which is good news. Not sure it will be enough to hit an ROI any time soon though ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Ya about that video did you notice the power meter at the wall? it had a reading above 800 W, different from the 7 stated in the same video
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Hey guys Anyone received an a5 yet ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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idk dash as a whole seems to have greatly slowed down
it seems most people who talk about it on the internet are directly paid to do so by dash org, and im sorry but sometimes they seem creepy too because its obvious they are public speakers just not for crypto currency so their talks/videos etc dont come natural too
for the above reasons i wouldnt mine, buy, sell,hold.hodl or do anything related to dash
plus they spend all the dash org money which was supposed to give them a boost over other currencies on sponsoring expensive events and other stuff that really bring no value whatsoever in the long term.
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So, any news about what the compensation will be? They wrote a mail first to verify 2 extra miners for us, then only promised extra hashpower. Anybody more updated?
In my case they don't even reply to emails about shipping dates, shipping info etc.
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Hello, ive heard on slack group from someone today that some customers have recieved the innosolicon a5 miners already? Can somebody confirm this? I have a few buddies still waiting on these things. Anyways, if anybody recieved this miners already please update and with pictures if possible.
Thanks
Well looking at the latest hike in dash network hashrate a large number of powerful machines have come online and are hashing away https://www.p2poolmining.us/dash-breaks-petahash-barrier/might be another batch of D3s because innosilicon would make a huge announcement that they are shipping to get us off their backs So until someone can confirm otherwise, a5s haven't started shipping yet
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I don't think that the 10000 USD price reflects the situation in DASH and other x11 coins networks.
I sent Inno e-mail about my honest thoughts in this current situation.
Do they reply to your emails?
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If anyone does receive the A5 please let us know
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Guys lets go on twitter and petition Innosilicon to provide PROPER COMPENSATIONDEMAND 1 FREE A5 MINER WITH EVERY A5 MINER PURCHASE!!
This is there twitter: https://twitter.com/Inno_MinerIf we all keep on tweeting them as much as we can they might realize how serious the matter is Even if you feel they are a hopeless case and wont compensate, it should give them a taste of what to expect if they don't compensate us What we are doing is actually for the benifit of Innosilicon because if they don't properly compensate, then they will lose their loyal customers forever note: Please refrain from using bad words or rude behavior, remember we are petitioning them not fighting them
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It is kind of novelty to think any compensation will come from Innosilicon. Any compensation for late delivery of A4 previously ? NIL. I have waken up to the fact that my purchase of 3 x A5 (on impulse) was a BIG mistake, knowing my 30K have gone down the drain just days after the purchase. Innosilicon, like new comers to the miners making scene, fails to calculate the diffculty and anticipate the mining rewards before releasing new models to the market. They irresponsibly make and sell without caring that coins mining profit may/will crash to (-). Bitmain is somewhat more responsible in this regards, calculating coins difficulty and profit before offering new batch, whether it's L3+, S9 or D3. I believe they will not release new batch D3 again for some time. I am not in favor of either company but it is my experience monitoring the bahaviours and activities of these companies.
Two weeks after the purchase, I contacted Inno on Skype and have received, slow but coming, responses from a girl by the name of Chloe who is part of the customer service/logistic team. Lately, she disappeared and never responded to my questions about delivery of their FIRST batch of A5, from which my 3 units was ordered. How much profit would I have made had I used that 30K to trade coins since August ?
Sorry but I feel peaceful knowing my 30K have well evaporated than hoping for micracles. If they will deliver by mid to late November (doubt it) my 3 x A5 would merely be paperweight. Customer service does not exist with Inno Silicon or most Chinese companies. Compensation from Innosilcon is a fairytale. The only compensatiom that would be fair to their customers, to the mining communuty and to the crypto world is that they should not be in the business of making these miners, and should never continue making them. If they continue, I will make sure I will set off an alarm to the community, not to buy from them.
If I have read what you wrote before buying, there is no way I would buy from Innosilicon Unfortunately I did buy as well and found that they will leave you to make a loss like they don't care, like they are telling us it's our fault that we trusted them and gave them pre orders and cash money What kind of company would treat eager early buyers who pay cash couple months upfront like that? A company that is not planning on staying for a long time! Compensating 1 free miner with every miner purchase does not require a miracle!! It only requires Innosilicon to use their head and think; ok they can get away with being late and providing very bad ROI to pre order customers this time because pre order customers trust them and already paid, but what about next time? I think in mining business it's about repeat customers right? usually farmers buy many miners not just once in their lifetime Next time pre order customers will not buy from Innosilicon, and even worse, they will go out of their way to flood the internet with permanent negative feedback on their bad experience with Innosilicon which will hurt the company and they will wish if they can spend double the profit they made from A5 to make the problem go away but internet is permanent It's still not over man, Innosilicon really has a chance of being a respectable player in crypto mining if they only focus on the lomg term goals, rather than short term profits
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Anybody know if dash mining pools engage in SPV mining?
And if DASH has the same empty block problem core has?
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