Loving this XMR profitability. Hope it lasts for a couple weeks.
I think that unfortunately hashrate will redistribute much faster than that. Supply is very elastic. |
|
|
|
|
First of all, what do you see around you that is not made in China? Probably you'll find some stuff made in Vietnam, Indonesia and other countries but most of everything is made in China. Mostly cost driven.
But as for miners there is another big reason, legal framework. You establish your company in China and your miners are late, they break, you don't honor your warranty, good luck for people trying to sue you. If you are based in the US and your miner comes out in a different shade of silver, you get your ass sued to hell.
|
|
|
|
|
There are a shit load of GPUs mining ETH and other coins out there. The moment this became as profitable as ETH for RX580s and similar, it begun drawing them. Instead of Monero mining going insanely profitable as some expected, I think all GPU mining will be a speck more profitable, and that's it.
|
|
|
|
|
Only difference will be the small mining fee, luck will even out with time. Sia wallet in particular is a mess to interact with, even to write pool software. Unless you want to visit software development hell you don't want to do this.
|
|
|
|
|
Working fine for me. You need to confirm your miner supports v7 and it's configured with the right algorithm. Not much more I can say since I don't know what are you mining with.
|
|
|
|
|
Antpool has Monero now. I wonder what the heck is bitmain doing.
|
|
|
|
It is just sad to see, how the coins that were mined with GPUs and CPUs for years will now be mined with ASICs  . I really hope Cryptonight algo hard fork will make CN ASICs useless. The question is, will there be a hard fork? I'm hoping there's going to be one, but I really don't know man. Look at Sia coin they were not happy when Bitmain came out with a Blake-2b Asic, but they refused to do a hard fork. What question? Monero forks at the end of this month, and every 6 months, and will "emergency fork" if needed [ https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html]. Sia is really different, they are building their own ASIC. Monero: We will fork as necessary to prevent ASICs that we think will damage our coin. Sia: We will fork so only our ASIC can mine our coin. Quite different... |
|
|
|
People keep saying "bitmain mines with them for months before releasing them". In the case of Sia, someone said bitmain "clearly" mined for 45 days before releasing. I was there looking when Sia ASICs came out, I can for sure say that bitmain didn't mine a single day before shipping them, ASIC introduction is obvious in a small coin like Sia.
Now in the case of Monero, the entire network today is equivalent to about 4000 X3s. Clearly there is no room there for bitmain to have been "mining with the X3s for months".
I'm not saying bitmain is not evil, but I'm tired of people accusing them of them stealing babies and killing kitties.
u have to know these chips have been running in some form or another in bitmains ‘testing’ enviroment for months now lol, no one is that naive, well at least i hope not. Same with sia and x11 idgf what the network hash rate is after they open the floodgates. all these coins have seen a steady rise in hash and decline in profitability months before bitmain magically announces thier sale. The magician has finally come out from behind the curtain but you are still falling for the illusions Dorothy Are you trolling or you just didn't read my message? It's not a matter of naive or not naive, math doesn't lie, hashrate can't be hidden. You repeat yet again that Sia had a "steady rise in hashrate" "months before bitmain...". THAT IS NOT TRUE  From: https://siastats.info/miningA3s batch 1 sold on Jan 18th. So, tell me, how in hell bimain "mined with them for months before selling them"? The entire Sia network hashrate was equivalent to only a few A3s before end of Jan. |
|
|
|
|
People keep saying "bitmain mines with them for months before releasing them". In the case of Sia, someone said bitmain "clearly" mined for 45 days before releasing. I was there looking when Sia ASICs came out, I can for sure say that bitmain didn't mine a single day before shipping them, ASIC introduction is obvious in a small coin like Sia.
Now in the case of Monero, the entire network today is equivalent to about 4000 X3s. Clearly there is no room there for bitmain to have been "mining with the X3s for months".
I'm not saying bitmain is not evil, but I'm tired of people accusing them of them stealing babies and killing kitties.
|
|
|
|
|
Bitmain has come before with new and exclusive miners but at a reasonable price range (at least in the recent past).12K? Is bitmain copying evil from other companies in the rare cases they were better at it?
|
|
|
|
|
I wonder how people that already paid a fortune for this thing feel now that bitmain came out with 10x the hashrate...
|
|
|
|
This coin has been a sham since it was released. The DEVs tried to pass it off as something it's not.
By devs you mean Donna the stripper? |
|
|
|
|
Batch 2 started shipping.
|
|
|
|
|
Batch 2 started shipping.
|
|
|
|
It seems to be bac, I found in the antminer web interface that diff was 1024 instead of 512 when it didn't work.
Yep, working now. So strange... It may have been a temporary error of siamining pool. Is someone mining with luxor mining pool https://mining.luxor.tech?. Do you know how it works and the rewards it gives?. Regards!. No, it's not a pool issue, it has happened to A3s since day one. It's always all the pools. |
|
|
|
We consider this 841 the best on the market due to 99% reliability, 2 year limited warranty (this is big for many people), lower DB rating, and actual performance being well above what is advertised. I think many people would be suprised if they actually threw a meter on one of the other brands miners what they are actually pulling with minimal TH increase.
I can only accept that argument if the price is right. If I can buy 3 S9s at the same price than 2 841s I can even throw away the S9s that fail and still make more money. |
|
|
|
How i understand these miners developed long time ago and used by developers for mining cryptonight, and now he want sell him?
Miner developers (Baikal) use them while it is extra profitable, (why sell something, what make you extra high profit, without any competition, they mined quietly) and after they spoil the diff. and profitability start to fall, they start selling units. Yup and this has been previously done by Bitmain and others, they "test mine" with their product for a couple of months typically before general public release. Just look at what happened on the SIA network, it was clear Bitmain had them running about 45 days before release if you look at the overall network hashrate. These most recent miners are profitable, for the companies that produce them and the first few people that receive them. After that their value tanks. Since Monero and I suspect other algos will are/will fork away from this Asic, it's long term value is highly questionable. I wouldn't touch this device unless it could be had dirt cheap because of the risks of forks invalidating it. The hashrate for SIA increased when bitmain shipped, not a day before. We were carefully monitoring it. See for example https://siastats.info/mining |
|
|
|
Baikal is currently quoting 4000 USD each for both Giant-B and Giant-X10. Hi, Sorry for delay. Thank you for your contacting. Three types of sale. (shipping charge not included) 1).Giant-N Price at 3600 usd/pc Delivery within 7 working days after receiving payment. 2) .Giant-B Price at 4000 usd/pc Delivery at 10th-30th April. 3) .Giant-X10 Price at 4000 usd/pc Delivery at 10th-30th April. Sale item: Payment: USD dollar transfer Only Minimum order quantity: 6 units (MOQ for each type) Shipping will be DHL/UPS. Waybill could be provided once we sent the miner from email. Power supply: We never sell PSU. We would recommend you to buy PSU from your local market or online shop like amazon. Please let me know which product you are interest. BEST regards. BAIKAL miner Our cutting-edge technology creates a brighter future for you！ Web: www.baikalminer.com 丨 Skype: baikalminer Email:baikal@baikalminer.com 丨 Facebook: @baikalminer.offical I think Baikal is loosing more business due to imposed MoQs. Many miners are not ordering from Baikal and just skipping the resellers due to the $700 to $1000 top up of resellers. Infact keeping in view volatile market the best thing would be that Baikal introduce pricing of $1200 to $2000 range and they can see huge sales. Baikal can get more business by introducing better pricing , for example I know many miners like me who cant buy Baikal because of MoQs and high price, remember the huge sales Baikal got once they introduced Giant X 10 for $1400 If they set miner pricing between $1200 to $1800 and remove MoQ They will see all miners sold out in a day or hours. Thanks. They sell over skype and email and can't (or don't want to) even come up with a proper portal to sell stuff, I'd say that is even worse than the MOQ. |
|
|
|
Wasn't it listed at like 5599 a day or two ago? They doubled in price that quickly? Think i'd rather buy 10 A3's at that point (yes sucky power usage but ...damn) So I just got an email from Halong Mining and for some reason I do not feel good about it  its going for USD 10,499  What do you think?  ----------------------------- The email: DragonMint B29 Blake256 Miner (March) is now back in stock at Halong Mining Hi There, DragonMint B29 Blake256 Miner (March) is now back in stock at Halong Mining. You have been sent this email because your email address was registered on a waitlist for this product. If you would like to purchase DragonMint B29 Blake256 Miner (March) please visit the following link: https://halongmining.com/shop/dragonmint-b29-blake256-miner/You have now been removed from the waitlist for this product. There's two different Blake256 miners they offer, the cheaper $5000 one is faster in terms of hashrate but uses more power and is less efficient, whilst the more expensive model at $10K hashes at just 2THs but is more efficient. At current rates the cheaper one makes more, but don't count on anything. This is a D3/A3 situation ready to happen. What? B29 and B52 are different algorithms, Blake256 and Blake2b, for different coins, Decred and Sia |
|
|
|
|
Show Posts
