@BenRickert
Lol, you're a bit of a twat. There are more than a dozen coins to mine on x11. Dash is a much better performer than LTC has ever been.
You're an ignorant fool. When has Scrypt mining suffered anywhere NEAR this level of hashing assault to a very meager network. Maybe you should take a look at the number of coins that adopt scrypt versus X11 at inception before you go blowing stupidity out your pie hole. I've been in the financial institutional trading world for 30+ years. There is so much an idiot like you can't even begin to fathom behind the scenes. It's best to let people think you're an idiot than to post something that proves it. Like you just did. Speaking of "twats"....how is your mom anyway?
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As expected, the November batch is never gonna sold out, they're just gonna keep on pumping them out like toasters lol
With Pinidea Ibelink Baikal Innsolicon Bitmain All dumping X11 equip in Oct or if late 1 or 2 weeks into November, I expect a lot of Toaster doorstops. I got 1 $2,600 D3 2nd batch ships 18 to 28th September. Got caught up in hype and got $1,600 3rd batch (dubious) November. My view I need the 100% equip deduction. If lucky I see 14 month plus roi even with the above equip deduction. So imho, hell yes bitmain is having a fire sale. Oh well. Not my wisest asic boat to hop on. I will likely lose 25% in reality with electric on this play. Live and learn. Got to pop up a ball once in awhile, at the plate I guess? Toaster city is likely on D3's, weekly, imho. But folk may be wising up. Still on sale 1/2 day later....they may have lots yet to move and little time to do so. You think the D3 is more toaster in comparison with the l3+? Yes, there are for more Scrypt coins to mine than X-11. X-11 one trick pony.
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Got 50 in the latest batch Total of 120 now You're not very smart are you? Truly. You have no idea what you're doing and you go all in on a server that hashes an Algo, that is about to be swamped. Just brilliant. Also, please do keep bragging on open forums. I hope it helps your weak flagging ego.
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It is more than prudent to assume that the DASH difficulty by October will be right around 6M. With a 6m difficulty, 15k Ghash, 1200 watts at .07 cents per kw you will make $500.00 per unit per month. If you pay $1,500.00 per unit USD that's not terrible BUT, it will likely continue to get worse from there. The X11 Algo is about to go through something that as far as I know is unprecedented. Massive Hashing power coming to the network with limited options to mine. In addition, there is room for technological improvement from 28nm. Can you say "perfect storm"? I would tread carefully. Too many people getting on one side of the boat for my comfort level.
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is it better to buy D3 miners on Amazon or ebay? thanks
You can be scammed on either but I feel like it is less likely on Amazon. There is a poster in here, Cryptocrane, who is highly reputable. He sells on Amazon. I have had excellent experience dealing with him. He is fair and honest. Overpriced, but I can't blame him for that. It's what the market will bare.
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will it be still profitable at the end of september? I want to buy 10x and they will arrive end of september. Just say something.
Depends on how much you pay for the hardware. If you buy at release price from Bitmain, you should be fine, if you pay 2,3 4 X the release price from 3rd party, you will not make money. This is not a get rich quick proposal. It's a slow and steady race. Some folks get windfalls by capturing 1st and 2nd batches but that is pure luck and short lived.
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Excellent clarification. Thank you!
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Just received an email confirmation that my November order was paid (bitcoin). I wish I would have used litecoin to pay since it would have been much much faster to confirm.
I used LTC, and got the confirmation email the same night I ordered,,, about 1 hour or so later. I chose LTC for that exact reason and I think others did as well. But there is a silver lining. For those of us who prepared to buy the D3s in BTC, you probably allocated funds or initiated fiat->BTC at least 1 week prior... so you took advantage of a nice increase in BTC leading up to the sale, effectively giving you a little "discount" Benefits on both sides Ahhhh, the beauty of a raging Bull Market. This has happened on almost ALL of my purchases in the last 2 months. It's actually become a fairly substantial % of overall cost.
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Much easier to write about an operation of this magnitude than to execute it. I doubt you will see this threat materialize in reality for some time. In other words, " easier said than done". Russia's never done it and they plan on manufacturing the units. Yeah, good luck. Not that easy. In the meantime, the good ole USA sits with it's head in the sand, wringing our hands and worrying about " regulating it". Reminds me of the guy looking the wrong way down a one way a street and gets mowed down by a truck.
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Be careful and watch what others are saying as your return today will not be what it is tomorrow. With the market being flooded by these things, the returns will diminish pretty quickly. X11 mining is going to change... hard. DASH Difficulty already 1.4 million and they haven't even shipped any yet.
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I have ordered my Asic Antminer D3 on 3 Aug batch , i have transferred full money and sent payment proof, The Staus of payment ist still unpaid and today is my order expired. I have allready conact the bitmain support and send screenshots from my transfer. What should I do?
This happened to my first order. It took 28 days to clear it up. Wire transfers suck. They can sit in that Chinese intermediary bank for a long time before Bitmain Picks them up and credits their own accounts, (yours). Be patient and don't worry. This does not mean you have lost your miner. It just takes them time.
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For perspective - Bitmain has sold probably about 20,000 L3 and L3+ units COMBINED - in many batches since they introduced the L3.
There is NO BLOODY WAY they sold 35 THOUSAND D3 units in a single batch, though 35 HUNDRED seems like a reasonable number.
With that said, 7000 (ballpark) D3 units sold, PLUS the influx already happening of DM11G units, plus however many A5's get shipped, is going to HAMMER X11 profitability by the end of October.
For perspective, in mid-July, the TOTAL DASH NETWORK HASHRATE (DASH is easily the majority of all X11 hashrate) was equal to ballpark *400* D3 units - and the DM11G units do NOT appear to have been shipping at that point.....
DASH Difficulty shot up to 1.3 million today. The bastards haven't even shipped yet!
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Does anyone have any idea how many D3s are going to be released in the past 3 batches? I was doing some calculations on difficulty and hashrate and came up with 1 GH/s adds about 22.5 to difficulty. So, one D3 would add 337.5 at 15 GH/s. I'm trying to see if it would be worth getting some in their next release.
Rumor has it; Batch 1 = 200 units Batch 2 = 3000 units Batch 3 = 3500 units If so....by your calculations an additional 2,328,750 Difficulty from current? Real numbers are: B1: 250 07/18/2017 B2: 3300 07/20/2017 B3: 35000 08/03/2017 You're wrong. Regardless of the "hash rate" it is physically impossible for them to sell 35000 units over the internet in 15 minutes. Just think about that for a minute. I was in the system ordering, it was crippled. Stop making shit up. That can't be correct. I'm fairly certain that I personally know of more than 250 units being delivered from batch 1. I'd believe 2500. Also, those batch 3 numbers are completely bogus too. The 35000 number was derived from querying some web hooks on Bitmain's site and somebody made the assumption that it represented units sold and units remaining. The people spreading this FUD are either wrong or just trying to scare others into not purchasing so that the initial batches can be more profitable for longer. 35000 units were placed in stock for the last batch. Around 25k already paid. The rest, expired USD orders. That's why this batch only accept BTC and LTC. If you don't trust my numbers, i'll come back in November and we'll see the hash rate.
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Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?
EVGA....so awesome....SO expensive!!
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I didn't type "35,000" I typed 3500. Take it easy Crypto...
It was albertojames who said 35k, not you BenRicker - I know you're smarter than that. I meant no disrespect to you. I saw that after I posted in haste. A " pre-coffee post". NP I'm just jealous of your awesome rep status on Amazon. You deserve whatever profits you make. You're a stand up guy in a world of scammers and miscreants.
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My own view is Bitmain will continue to pump out L3+'s month to month till they again get to Bitmain's warm and fuzzy 12-15 month ROI again. (evil tm bitmain)
Lol? How does a 12-15 month ROI make Bitmain evil (or even greedy)? Any other investment opportunity with those types of quick returns would be killed for. Most people who like cryptocurrencies also like the idea of a free market - in which price is dictated by supply and demand. I would argue that Bitmain has been seriously underpricing their products for years or else there wouldn't be such a vibrant resale market and they wouldn't sell out so fast. Sounds like the opposite of evil to me. Perhaps we are the ones who are being greedy by seeking to enrich ourselves faster. There sure are a lot of rocks getting thrown in this glass house They started selling the L3+ for 1200usd and later raised the price to ~2k usd. Nothing changed about the technology they were selling or they didn't start shipping out faster. You know what changed? The price of ltc and the return made from mining it. So yes, they ARE greedy. Or maybe....just maybe, smart business practitioners.
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Well from my previous posts...it looks like NO L3+ units will be sold in the wee hours of China at our time of 4 am. (China Time 5pm CDT)
They seem?? to be only selling the Antminer D3 X11 miners then
Unless they drop the price again..it is unlikely I will get any..myself
anyway a heads up ..that I don't think the L3+'s are dumping on THAT day at least.
(the ways of bitmain are mysterious to me)
They sure love to keep us on our toes don't they?? Sometimes I find it fun, and other times I go insane. I still like them the best of all ASIC manufacturers.
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Does anyone have any idea how many D3s are going to be released in the past 3 batches? I was doing some calculations on difficulty and hashrate and came up with 1 GH/s adds about 22.5 to difficulty. So, one D3 would add 337.5 at 15 GH/s. I'm trying to see if it would be worth getting some in their next release.
Rumor has it; Batch 1 = 200 units Batch 2 = 3000 units Batch 3 = 3500 units If so....by your calculations an additional 2,328,750 Difficulty from current? Real numbers are: B1: 250 07/18/2017 B2: 3300 07/20/2017 B3: 35000 08/03/2017 3500 NOT 35,000. Don't be ridiculous.
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Does anyone have any idea how many D3s are going to be released in the past 3 batches? I was doing some calculations on difficulty and hashrate and came up with 1 GH/s adds about 22.5 to difficulty. So, one D3 would add 337.5 at 15 GH/s. I'm trying to see if it would be worth getting some in their next release.
Rumor has it; Batch 1 = 200 units Batch 2 = 3000 units Batch 3 = 3500 units If so....by your calculations an additional 2,328,750 Difficulty from current? Real numbers are: B1: 250 07/18/2017 B2: 3300 07/20/2017 B3: 35000 08/03/2017 That can't be correct. I'm fairly certain that I personally know of more than 250 units being delivered from batch 1. I'd believe 2500. Also, those batch 3 numbers are completely bogus too. The 35000 number was derived from querying some web hooks on Bitmain's site and somebody made the assumption that it represented units sold and units remaining. The people spreading this FUD are either wrong or just trying to scare others into not purchasing so that the initial batches can be more profitable for longer. I didn't type "35,000" I typed 3500. Take it easy Crypto, you'll still be able to sell your extra units on Amazon at huge markups. There's a sucker born every minute ya know.
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Does anyone have any idea how many D3s are going to be released in the past 3 batches? I was doing some calculations on difficulty and hashrate and came up with 1 GH/s adds about 22.5 to difficulty. So, one D3 would add 337.5 at 15 GH/s. I'm trying to see if it would be worth getting some in their next release.
Rumor has it; Batch 1 = 200 units Batch 2 = 3200 units Batch 3 = 3500 units If so....by your calculations an additional 2,328,750 Difficulty from current?
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