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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Selling at COST. on: April 18, 2018, 03:17:30 PM
why is every one saying door stoppers? you still make 5 dollar aday on nicehash and karbo is not going to fork ? it costs 4 dollar a month in electricity ? 

just wait

for what ? electroneum to fork ? even if you make 2 dollars aday its good ?
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Selling at COST. on: April 18, 2018, 03:11:17 PM
why is every one saying door stoppers? you still make 5 dollar aday on nicehash and karbo is not going to fork ? it costs 4 dollar a month in electricity ? 
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: April 15, 2018, 06:26:42 PM
thx for the well writen post . okay then the l3+ sound much more safe to buy or the giant B whats you opinion on dose miners i will have like 2800 dollars to spend on miners so witch would you go for . btw its 1900 for the giant n and you get 4 for free xD

Dunno if the L3+ is a safe bet, either - the recent drop in price may very well presage the release of a more powerful ASIC miner that renders the existing generation all but obsolete. Again, I don't think any ASIC miner is a good deal because of the manufacturer's themselves.

And the $1900US for "1 + 4 free" Giant-N only applies if you buy them direct from Baikal, and I seem to recall reading that you actually have to buy 2 (ie - spend $3800US) to get that deal. But that requirement may not have existed or has already been relaxed; dunno, I don't follow the pricing shenanigans of these jokers too closely since I am, for a 3rd time, not interested in adding to their already fat-n-happy bottom line.



Thx again mate really thankfull for the words you putting out and the time! giant b then ? i have heard lbry will fork but dont know if its tru Sad
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: April 15, 2018, 11:49:19 AM
thats my point it goes on so low watt that even if you make like 1 dollar a day its still 2 dollars a day if you look at the cube you make nothing near 2 dollars a day and they go for more money then the giant n so yes ofc every one is mad they put a lt of money on it but right now at this moment it mst be some what worfit ? or is it going to be total unuseble and aint able to mine any coin you cant sell or shift to other coins

This is a classic error, thinking that there is some natural floor in the earnings you will make per day, or that what you can earn now will persist indefinitely when neither is the case.

Consider what would happen if even 2-3 coins stay on the original CryptoNight algo - every ASIC miner is going to mine the shit out of them and what do ASIC miners tend to do with their coins? They sell most, if not all, of them as fast as they can in a desperate race to pay off their "investment" ASAP. The inevitable consequences of this groupthink action are:

1. difficulty shoots through the proverbial roof, so earnings per day suck even with the massive hashrate advantage of an ASIC over a GPU; much fewer coins than expected are mined.

2. the price of the coin in USD or BTC plummets because everyone is dumping their mined earnings on the (usually tiny/shitty) exchanges as fast as they can.

For example, when network hashrate on ITNS spikes to 35 MH/s, as it has done several times over the past couple of days, 20kH/s brings in about 800 coins per day with a current value of $3.60US (56 Sats). Ignoring the cost of energy - because only 60W, right? - that will take 530 days to pay off if you bought the Giant-N for $1900US (or "only" 127 days at the current listed price on asicminermarket of $550US).

Earnings look a lot better for Karbo at this moment - around $18US per day - but that's because its total network hashrate is only 7MH/s; I don't follow this coin, but I suspect if a relatively unknown coin like ITNS has seen sustained spikes to 35MH/s then a much better known coin like KRB will see even more dramatic pumps in network hashrate.

I should note that despite my usual arguments against ASICs I am not anti-ASIC, per se; rather, I am anti-foreign-ASIC-manufacturer because all of them so far have engaged in predatory/deceptive behavior like mining with their ASICs for several months, selling them as "new", refusing to honor any sort of warranty for the 1/3rd of them that arrive DOA or break within a few days of use, and are all but untouchable in a court of law for these bad behaviors.



thx for the well writen post . okay then the l3+ sound much more safe to buy or the giant B whats you opinion on dose miners i will have like 2800 dollars to spend on miners so witch would you go for . btw its 1900 for the giant n and you get 4 for free xD
5  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: April 15, 2018, 06:45:48 AM
Do you recommend me to buy this miner today?

Do not buy, it'll only be an expensive inefficient noisy heater. 
This miner it's not inefficient noisy heater. Even if it will earns only 2usd / day it will still be profitable, because the electricity consumption is nothing at 60W  Grin


thats my point it goes on so low watt that even if you make like 1 dollar a day its still 2 dollars a day if you look at the cube you make nothing near 2 dollars a day and they go for more money then the giant n so yes ofc every one is mad they put a lt of money on it but right now at this moment it mst be some what worfit ? or is it going to be total unuseble and aint able to mine any coin you cant sell or shift to other coins
6  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: April 14, 2018, 08:56:22 PM
so if etn is forking to cnv7 how much do the people think the bk-n will give per day and month with the resisting coins on the coins that still uses cn


and thx for the help i really appreciate it big up to you people that are putting your time in to explaine it to the people!!!
7  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: April 14, 2018, 08:26:42 PM
why is every one calling the giant n a doorstopper ? 

https://www.nicehash.com/profitability-calculator#baikal-giant-n;USD;0.1;1;60;0;a22=20       i dont complain on this profit if you buy it now so an some one plz explane to me why every one is throwing shit on this miner atm ? and karbo still not gonna fork what i can read 

newbe to the baikal miner so plz can some one plz let me get some info from you guys

Once (if) ETN algo forks, which i heard they might next week block 250000 or something.. that is where most of the old cryptonight algo has is at so the profitability for the rest of the algo coins will plummet





so karbo isent strong enought in other words to keep the bk-n profitable?
8  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: April 14, 2018, 07:20:08 PM
why is every one calling the giant n a doorstopper ? 

https://www.nicehash.com/profitability-calculator#baikal-giant-n;USD;0.1;1;60;0;a22=20       i dont complain on this profit if you buy it now so an some one plz explane to me why every one is throwing shit on this miner atm ? and karbo still not gonna fork what i can read 

newbe to the baikal miner so plz can some one plz let me get some info from you guys
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