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adaseb
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Activity: 3766
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April 19, 2016, 08:51:27 AM |
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Wow another X11 miner.
Its funny how there are as many X11 Manufacteurs as there are SHA256 Manufacteurs.
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Rabinovitch (OP)
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April 19, 2016, 08:53:20 AM |
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Only 2 still.
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atp1916
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Merit: 1000
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April 19, 2016, 10:55:10 AM Last edit: April 19, 2016, 09:25:07 PM by atp1916 |
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Looks scammy as hell. Their 5 second videos also look terrible. Would not give a penny to them.
All of that aside, there's always been rumors of Xxx asics out there for a good long while now. Occasionally you'd see miners with astronomical hash numbers pop up on pools here and there. I would not doubt at all that enterprising individuals (or companies) do possibly have Xxx capable asics, but for end users you need a company that can actually not just deliver their product but ultimately support it. Fly-by-night operations typically can hardly do the first, but almost never the second.
I would also consider the scenario where there's a tidal wave of Xxx ASIC devices about to hit the market and that these individuals know this and are selling off their personal stash of miners because they know full well right now is the best time to get max profit on their devices. Xxx stuff is already marginal as it is, and the astronomical difficulty hikes that accompany ASIC invasions means that little window of ROI is effectively closed even before anyone does get their Xxx ASIC device.
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stan.distortion
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April 19, 2016, 11:07:18 AM Last edit: April 19, 2016, 11:28:50 AM by stan.distortion |
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Another?? Oh well, guess that's a good sign :/ Just a word of caution, after the Satoshi round table meeting Dashes lead dev (Evan Duffield) announced they'll be putting a high priority on avoiding mining centralisation and changes are planned out and in development for that. No word on how it will be done yet but it doesn't involve any changes to X11, it's likely to be included in the next release which is due in about 3 months (v0.12.1). EDIT: Mentioned here in the March budget proposal details: https://dashtalk.org/threads/march-2016-budget-proposal.8198/
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Amph
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Activity: 3206
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April 19, 2016, 11:37:28 AM |
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besides the scam it also expensive, 7 bitcoin for one unit, that can generate 0.12 a day only, roi is 2 months without diff increase, but we all know that this is not possible...
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Rabinovitch (OP)
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April 19, 2016, 11:59:54 AM |
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Looks very scammy, yep... But sounds so sweet... 2 monthes (oh, even if 3, 4...) for ROI even at that price...
But we are craving for more proofs!..
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atp1916
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April 19, 2016, 12:25:40 PM |
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That quick purported ROI is always the hook.
Remember BFL, Alpha-T, GAW etc!
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adaseb
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April 20, 2016, 10:23:32 AM |
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X11 coins have no market cap.
Dash has a high market cap however the block reward is very low to miners.
So I am surprised that people actually designed an ASIC for this. Doesn't it cost $1,000,000 to for chip tape-out and everything?
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atp1916
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April 20, 2016, 10:30:15 AM |
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Pretty much. This ain't something you cook up in your own lab.
That review page still looks scammy as all hell.
It's a good point to make about the market cap for coins as well. Who is going to spend the potential millions to build ASICs for algorithms that drive weak coins that have no real future outside of pump n dump schemes?
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adaseb
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April 20, 2016, 10:40:18 AM |
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Well its 152nm technology so maybe it cost $100,000 to design instead of $1 mil.
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Amph
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April 20, 2016, 10:52:54 AM Last edit: April 25, 2016, 02:40:18 PM by Amph |
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Well its 152nm technology so maybe it cost $100,000 to design instead of $1 mil.
they are selling this for 3k so by selling 30 of them they have already roied on the design aspect
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USScrypto
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April 20, 2016, 12:13:20 PM |
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It is not 152nm, the other X11 asic is using that process, this one should be 55nm hence the lower power usage.
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Rabinovitch (OP)
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April 25, 2016, 08:42:49 AM |
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USScrypto
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April 25, 2016, 01:15:45 PM |
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They are yet to release anything actually, besides someone claiming to have a test unit shipped, nobody else has reported anything about the ordered unit shipped yet. There should be quite a few people that have already ordered, so be very careful until there is some real proof!
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Rabinovitch (OP)
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April 26, 2016, 10:22:53 AM |
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chup
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Me, Myself & I
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April 26, 2016, 11:06:14 AM |
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I can't trust "manufacturer" that claims hashing speed in MHz instead of MH/s.
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Rabinovitch (OP)
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April 27, 2016, 09:18:07 AM |
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adaseb
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April 27, 2016, 09:31:40 AM |
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How many of those miners did they sell? Hashrate is around 80GH but for every 2 they sold it will increase by 1GH.
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