I bought the D3 asic miner

[KingArrudar]

I've been mining with my GPU for awhile now.
Payout with daggerhashimoto is normally .03 Mbtc/day
it has a hashrate of 19 MHS

Today my new asic d3 arrived.
I got it mining at 4000 MHS
yet the profitability maxed out at .012 MBTC/day
This thing would cost me $3 a day.

What should my next move be?

[swogerino]

I've been mining with my GPU for awhile now.
Payout with daggerhashimoto is normally .03 Mbtc/day
it has a hashrate of 19 MHS

Today my new asic d3 arrived.
I got it mining at 4000 MHS
yet the profitability maxed out at .012 MBTC/day
This thing would cost me $3 a day.

What should my next move be?

I think the D3 in every calculator I tried it with an electricity cost of 0.05 USD kilowatt showed a big red negative, from -1.5 to -2.30 USD daily.So that miner is not profitable at all unless you are accepting to mine at a loss and keep the mBtc you are earning at a loss now hoping to see a really bull run of Bitcoin price in the end of the year so you can turn the loss of these months into big profit at that time.

Every other option points to shutting down the miner and getting rid of it.

[batsonxl]

Important question: How much did you paid for it?

[kcheel]

I've been mining with my GPU for awhile now.
Payout with daggerhashimoto is normally .03 Mbtc/day
it has a hashrate of 19 MHS

Today my new asic d3 arrived.
I got it mining at 4000 MHS
yet the profitability maxed out at .012 MBTC/day
This thing would cost me $3 a day.

What should my next move be?

Sell it to someone else is what I would do.  Those things have not been profitable for awhile.  No point burning money.

[adaseb]

Don't know if you realise this or not, but an D3 has nothing to do with ETH mining. Its an ASIC for the old X11 algo and you can't mine anything pretty much these days because Monero forked to a different algo a long time ago.

Also the D3 has a hashrate of 20GH/s and not 4GH/s. This miner I think was a huge bad investment even for the early investors who bought it back in 2017. Some ASIC calculator says you can make $0.50 with it if you got free power. However no idea how accurate that is. It uses tons of electricity and its very loud. Don't know even if its worth the hassle for those 2 quarters.

How much did you pay for it?

[anu1908]

i also think selling it would be one of the best move. regardless of for how much you get it, if it can't mine profitably then there's no point on running it. just like there's no point turning on a dead pc even if you get it for 0$.