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Author Topic: My decision on the two group buys of iBelink DM11g-10800mhs .  (Read 1241 times)
Searing
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May 04, 2017, 12:25:24 PM
 #21

The iBelink DM11g made my spider sense tingling when the ROI calculation says under 30 days. I remember reading somewhere where someone said no one is going to sell gear that ROI in 2 months, or even 1 month for that matter. Has that been true and proven up to this date?

Even if the product is real and gets delivered, I can see iBelink pulling a BITMAIN with their Antminer L3+ of mining the gear, and driving up difficulty before you receive it.

The guy running DASH who is suspected of having 1/2 of the masternodes...would likely change the algorithm imho....not to mention the others...rather then watch
a mess of miners come in and mess that up

other x11 coin you could mine..but lots of coins when asic's came along simply said FU and changed the algorithm

I'd put that down as almost a sure bet

Also there were coins called SCRYPT-N ..when the knc titans came along they 'blew them up' too much hash for the coins to handle...therefore NO MORE Scrypt-N
coins anymore lol Smiley This was in 2014..so they went poof or they changed  the algorithm to protect the coin base and early adopters

This is not even getting into 51% attack if the equip is that good Smiley

anyway I suspect baikal will have the same speed out BEFORE the ibelink stuff is even delivered...probably less in price too....I also suspect this too (both asic miners)
will drive DASH nuts and have to change algorithm ...so may be interesting 6 months for x11 coins and asics

we will see this post will tell if I'm full of it or not in the future

later

brad





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May 04, 2017, 09:53:10 PM
 #22

All this talk of new miners and people going crazy is strangely similar to the grid seed fiasco right before LTC crashed.... Roll Eyes Roll Eyes Roll Eyes

SPECTRE                ▄▄███▄▄
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▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
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May 04, 2017, 11:56:25 PM
 #23

ZEC is crazy profitable right now but if you're a seasoned miner you know that you can't build on it for a long time, not even for 3 months.

But then again the 10800 Mhs X11 miner is even better, in fact it's a ridiculously profitable miner with a whole lot of smoke and mirrors surrounding it.

In fact, it's so profitable that currently it would only take 20 days to reach ROI, using the average, $6200 price. As I said before, let's just think for a second and ask who would sell such a crazy profitable miner instead of using them?

The answer is no sane person.

No self respecting miner I have spoken to even remotely considering buying one. A couple of promises and videos are not proof in this day and age and then there are the other red flags...

but as weird as it may seem Zec has a market cap of 100 mill 

and dash has a market cap of 600 mill

so pumping or supporting zec  is 6x less expensive then pumping or supporting dash.

I know  in ten days I could look like a moron about zec but there are eth xmr skein and others.

I think it is not the general market cap, it is the newly issued coins to be considered in support the price.

it is both if you are looking to prop the price up.  here is why?

say cap is 100    and 1 new every day.

you buy the 1 or most of it people holding the older 100 can rush to sell due to your prop up.  since there is only 100  you can afford to buy from them .


cap is 10,000 and 1 new every day  you feed money into the 1 easy peasy but 5000 of the old looks to bail that is 50x the cost  to prop price.


better way is use actual numbers there is 110,000,000 in old coin with ZEC    NVIDIA is worth 52,000,000,000 billion or almost 475x  all the old coins   they could buy them all at current price fairly easy.

dash  is 660,000,000 old coins   nvidia is 78 times bigger   much harder to prop price is old holders sell off.

So  consider the wealth of all people that win with ZEC. 

INTEL WINS
NVIDIA WINS
even AMD WINS
ASUS
ASROCK
BIOSTAR
MSI
EVGA
SAPPHIRE
ZOTAC

list goes on  they can easily price the current daily price /production  and with ZEC the older pile is not scary as it is small.


compare to BTC   144 coins at 1500 = 2.16 million a day

but back pile 21 billion

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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