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Bitmain should just ipo on nasdaq. Miners can consider buying their shares for some diversification lol
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Just my 2 cents speculation
the point is not to compete with asics... as we have seen recently any coin with a large marketcap is going to have an asic implemented after some time. the point is that an asic will only ever work for that algorithm. an fpga can do <within reason> many many kinds of algorithms, you just need to program it. i assume the people who know fpga's can look at a coins algorithm and whip up a miner similar to how people cook up gpu miners for cpu only coins. your gravy would be any algo that you could implement efficiently onto an fpga that no one is going to make an asic for. Yes, I get the point. But if your FPGA cost $2000 USD and can do 500 hashrate while the asic cost 400 USD and can do the same 500 hashrate, u are still screwed. U will switch to other coins but so will all the FPGAs and GPUs. Those other coins that are not yet touched by asics will then have their mining difficulty skyrocket due to all the FPGAs and GPUs going there. Basically, u will lose on a cost per MH/TH basis by too much even if u can match the asics efficiency. And looking at the speed in which asics appear on new coins these days, I dont see how that can work. This looks pretty sucidal. Just my 2 cents speculation you cant compare them. the asic will do what an asic does, so you compete on every coin without an asic and you compete vs gpus and cpus. *edit to add, if you gain yourself a nice niche and an asic does happen to come out, you just go be the king of some other anthill of an algo that isnt asic implemented yet. theres no point trying to make your fpga be as fast or faster than an asic. I am saying it makes no financial sense. The major GPU coins already have asics, with ETH being the biggest. And those coins that have no asic on it will have asics on it before the FPGA will come close to ever breaking even. And everytime an asic takes over an alternate coin, all the GPUs and FPGAs that were mining that coin will go to a non-asic coin. That means the remaining non-asic coins will have difficulty skyrocket and guess wat, that means your GPUs and FPGAs mining make less money. Everytime a new asic comes out, the FPGAs make less money. So, there is no niche. There is a limited amount to be earned from mining u see. If the asics keep appearing to take some of it, the switchers (FPGAs/GPUs) will have less and less. Why not u calculate how much it would cost to make an FPGA that can do the equivalent of mining 504mh like the L3+ or 14TH like the S9. Run your numbers and see the gap. While I dont have the numbers, I dont think it can work. Anyways, good luck in your endeavors. Maybe I am wrong. Just my 2 cents |
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Just my 2 cents speculation
the point is not to compete with asics... as we have seen recently any coin with a large marketcap is going to have an asic implemented after some time. the point is that an asic will only ever work for that algorithm. an fpga can do <within reason> many many kinds of algorithms, you just need to program it. i assume the people who know fpga's can look at a coins algorithm and whip up a miner similar to how people cook up gpu miners for cpu only coins. your gravy would be any algo that you could implement efficiently onto an fpga that no one is going to make an asic for. Yes, I get the point. But if your FPGA cost $2000 USD and can do 500 hashrate while the asic cost 400 USD and can do the same 500 hashrate, u are still screwed. U will switch to other coins but so will all the FPGAs and GPUs. Those other coins that are not yet touched by asics will then have their mining difficulty skyrocket due to all the FPGAs and GPUs going there. Basically, u will lose on a cost per MH/TH basis by too much even if u can match the asics efficiency. And looking at the speed in which asics appear on new coins these days, I dont see how that can work. This looks pretty sucidal. Just my 2 cents speculation |
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got a quote from bittmex about the xupp3r. about $5900USD with its development kit but with no memory.
and also a price a for xupp3r with development kit and two of the qdrii+ 288 mb modules. about $12500 USD. ouch. the qdrii+ memory may not even help much with algos that are mostly compute heavy, so im wondering if its worth it. have to try and get some numbers for eth.
Ok now pls roughly gauge how much MH or TH u can get if u buy and fix one of those against any of the current ASIC algo. Because lets say if u gotta spend say 2000 USD to get your FPGA able to do 504mh on scrypt, which makes it equivalent to an L3+ and your FPGA can mine say 3 other coins that are not asic linked yet, I hope u realize that the L3+ is alot cheaper at 725 USD now and it was once 450 USD. |
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I dont see how this can work because FPGA is more costly than asic, yes? This reminds me of how baikal miners are always more expensive than bitmains.
Compare 50 different asics that mine 5 different coins
With
50 FPGAs that can mine the 5 coins and switch to each coin, I believe the FPGAs are clear cut more expensive yes?
For the 50 FPGAs, u can maybe buy maybe 60-150 asics? And it wont matter if u can switch because when the asics mine 3 of those 5 coins, all FPGAs/GPUs will go to the last 2 coins and try to mine them. Problem is that will increase difficulty of those 2 coins so much that u will earn little anyways.
Furthermore, new asics will be designed economically and manufactured via economies of scale cheaply. I dont see how that can be more economical against a retail user buying an FPGA card from a manufacturer peacemeal. U are paying higher for the switching capability and lack of scale.
Perhaps calculate how much an FPGA that mine an existing asic algo would cost on a per MH/TH basis against one of the asics already out there to get an idea of the gap?
Just my 2 cents speculation
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for those of you in the US, are you opting for UPS or DHL shipping method? DHL is cheaper but i'm a little worried about the disclaimer:
Generally, shipping with DHL takes 3-5 days. However, spot custom checks can lead to delays of up to 2 weeks. You will have 7 days to process customs clearance upon arrival in your country. If no action is taken, miners will be returned to the sender and extra costs will have to be covered by the customer.
which is the preferred shipping method in ur experience?
U sure dhl is slower? i have never heard of this. |
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Who is paying for the electricity? They allow it to be used? Bare in mind that mining uses so much power people in the building will notice.
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Just received an email from bitmain
Refund of $578 for batch 1 buyers
Sent out in BCH(ew) within 2 months
That is fair  U are overseas buyer? I have not received the email yet. |
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Price is tanking hard. Was 113 half hour ago...106 now on asicminervalue. Have people received their miners and are plugging them in? Its going down FAST. Going to go sleep, will easily be under 100 when i wake up in about 7 hours...just wondering if it will be in the 90s or 80s...
Is there even a pool yet? |
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Here we go again ... (assuming the info is correct) Bitmain flying by the seat of their pants as usual: Bitmain issuing 4000RMB (628USD) refund to first batch B3 buyers in China. https://bitcointalk.org/index.php?topic=3485851.0I ordered one unit, in the UK ... yes please Bitmain let all the other worldwide buyers have a refund too! Refunds or coupons? I assume we get it too. Why not just wait a few weeks and release batch 2?? DHL here and no shipping yet. I guess ups is faster? |
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Has anyone received a shipped notification? Seems strange they'd say May 1-10 instead of 2-10 with Chinese labor day.
I have not received a shipped notification. However, I wouldn't read to much into it. Bitmain generally posts rounded off date ranges that don't take into account weekends and holidays. I wouldn't worry about it until we get to the 10th. As long as they ship at the same time we're all in the same boat and not missing out. They will ship fine. It is just a matter how lucky u are to get a unit first haha. |
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Bytom dev in Discord estimated earnings to be about $44 a day assuming 5k B3s. So we can hopefully expect double that.
However, this doesn't take into account GPUs/CPUs.
44 dollars a day?. 2nd batch will not come so fast yes? Why would u expect double that Cause theres 2500 not 5k miners in first batch. It would be disappointing if gpu s found this decently profitable, asics are suppose to dominate, if they dont then their too weak. U have a calculator for this? I guess they wont ship today as it is labor day. |
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Bytom dev in Discord estimated earnings to be about $44 a day assuming 5k B3s. So we can hopefully expect double that.
However, this doesn't take into account GPUs/CPUs.
44 dollars a day?. 2nd batch will not come so fast yes? Why would u expect double that |
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Hmmm anyone received the email for 1st may delivery? Seems I am not so lucky
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I'm in with this one
how many did you get? Hello I just wanted to ask if you already have the Paid status or whatever on Bitmain website in the user center. I made the payment 4 days ago and still have: unpaid, unshipped, valid. Just wanted to know if everything is okay or if I messed up something, it's my first miner directly from Bitmain Would you be so kind and have a look on the Status of you miners? Thanks in advance. I paid in bch. Got it confirmed fast. |
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I honestly don't know who or what this is for, and the sale page offers no description (not even the algo or coin info), so meh. I do like the wattage, if it's even remotely profitable it will make a nice space heater, but seeing as it's now late spring I can wait for one of those for 5-6 months (or just keep using my silent little S5, I suppose)...
It wont make much of a heater at 360watts. Too little heat generated. But it should run quieter, a must for home heating, although 2 fans is a bit strange, may not be as quiet as an l3. Im using baikal mini s and l3 at moment for heating. Works ok, for now.. I wont count on it being quieter. That setup is just not meant to be quiet. It is a small fan that spins fast either way. U would want it to spin as much as possible to keep things cool |
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Any info on number of units Halong and Innosilicon are selling of each Decred and Sia models for this end of April batch release?
Keeping eye on difficulty and profitability once these hit...
The Halong units have already been shipped and received but the difficulty hasn't spiked like you would expect if it was Bitmain making the miners. From what I see Halong and Innosilicon are doing it the right way and not flooding the market with new miners forcing everyone to take a hit on their return. I'd expect about the same small hash spike when the D9 is shipped and everyone gets to make money. Why would you expect that with no information on the quantity of miners sold / shipped, that makes no sense. For those that bought I hope you're right... In searching the threads it appears some of the Halong B29's (Decred) and B52's (SIA) have arrived to those who ordered ... I think some are still waiting... not sure the Innosilicon miners have shipped (this thread says shipping starts today) ... With these SIA miners (miners B52 and D9) over 4 times the hash power of current Bitmain A3 products , and plenty of those out there in the market, I still give it a few weeks to see shipments and home miners get plugged in before I make any determinations about the difficulty changing for SIA... as for the D9 there's no Bitmain miner so that's nice , but there still should be a huge spike in difficulty in the coming days... I haven't seen any confirmation of units being shipped from Inno. There's several of us who pre-ordered who have not received any tracking number. The Halong ones you mentioned were a super small batch that was sent out a few weeks ago - and then went "unavailable" until Inno announced the D9 and Sia miners. Keep in mind - They said 2-3 day payment confirmation and shipping on April 27th. It's now April 28th in China and no one's received a tracking number. The miners are sold out, but if you pre-ordered and paid; shouldn't you have your tracking number in hand now? This thing currently makes 6.4k a month. Hopefully they will ship.it soon and not keep it or use it to mine for themselves... |
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I honestly don't know who or what this is for, and the sale page offers no description (not even the algo or coin info), so meh. I do like the wattage, if it's even remotely profitable it will make a nice space heater, but seeing as it's now late spring I can wait for one of those for 5-6 months (or just keep using my silent little S5, I suppose)...
It wont make much of a heater at 360watts. Too little heat generated. |
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a bitmain baked coin. seems like a very decentralized coin  To be fair, they purposely allowed 1 miner per account and ship globally to decentralize it. No one wants the risk of a 51% attack to occur. |
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I get what all the fuss is about for the BTC, LTC exchange rate being off or in favor of Innosilicon buy a few hundred bucks. That does feel as if we're being penalized for paying in crypto, a little ironic for a crypto ASIC manufacturer. We do have the option to pay USD via Bank Transfer to get the exact value listed which is what I did. I suppose some will have to sell some coins and transfer into fiat but that is an option. Hopefully, Innosilicon can implement a current value tracker of BTC and LTC in the near future. I'm interested in what the "Now Offering Discount" is that is handled by the Marketing/Sales Team for the D9? Is this a coupon? Earlier Ship Date? A bonus MINER!?! wishful thinking.  I've had all my emails answered within their business hours in China, pretty happy with the Support so far. Thanks Innosilicon! Looking forward to my D9, please don't let us down with the ship date!! As you've seen, many have noticed the obvious Specs inline with Halong's B52 and B29 and your S11 and D9. Can you shed some light on the topic? Are you partners with Halong, if so who's manufacturing? Are these miners using Samsung 10nm chips? Can we expect any of these questions to be answered, please!? If not, I revert back to my original question, what's the "Now Offering Discount" mean? Everyone and their mother knows this. Just haven't heard either company admit this publicly. Hello, D9 used to sell for 10800 USD. And now you can get one D9 with 6800 USD. This is big discount. Did you just admit that the D9 and Halong Mining's B29 are the same thing? They are the same thing. Everyone and their mother knows this. Just haven't hear either company admit it publicly. I think inno is halong as well but I dont think they will admit it considering the problems that occur with the A5. inno should do the correct thing and compensate buyers of the A5 instead of just provide lip service. And calling the SIA coin miner an S11, this is on purpose isnt it? Inno does not even have an S-range item. This is to hope to confuse some buyers into thinking it is an antminer S11. This might also work out in future when a real S11 comes out. This is just cheap and unethical.... I suppose it will work. Some people will make mistakes, especially in secondary marketplaces.... |
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