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Author Topic: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3  (Read 299576 times)
suchmoon
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August 12, 2017, 05:35:16 PM
 #1241

So if difficulty goes x20 then you are at 200 days for a D3 payback assuming the same price for Dash. If it's x40 then 400 days. I think x40 is the outside amount and it will be less than that. So yeah D3 isn't a get rich quick opportunity unless Dash pricing goes up a lot. Speaking of this, interest is definitely increasing and having all these mining manufacturers drawing interest can only help so I would expect Dash price to start tracking up over the next six months.

If Dash "goes up a lot" you're likely better off just buying Dash. In other words, I think you should calculate the ROI/payback/whatchamacallit in Dash, not USD, or rubles, or whatever. Will the D3 mine more Dash than the cost of the miner in Dash at the time of purchase?

For batch 3 the number is approximately 7.5. Will it mine 7.5 DASH or more?
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Trade_BTC
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August 12, 2017, 08:34:11 PM
 #1242

So if difficulty goes x20 then you are at 200 days for a D3 payback assuming the same price for Dash. If it's x40 then 400 days. I think x40 is the outside amount and it will be less than that. So yeah D3 isn't a get rich quick opportunity unless Dash pricing goes up a lot. Speaking of this, interest is definitely increasing and having all these mining manufacturers drawing interest can only help so I would expect Dash price to start tracking up over the next six months.

If Dash "goes up a lot" you're likely better off just buying Dash. In other words, I think you should calculate the ROI/payback/whatchamacallit in Dash, not USD, or rubles, or whatever. Will the D3 mine more Dash than the cost of the miner in Dash at the time of purchase?

For batch 3 the number is approximately 7.5. Will it mine 7.5 DASH or more?

I agree and despite the trend in this thread difficulty and price are correlated to some degree. It's not like the 2 factors are detached and it doesn't take a genius to see this. Impossible to predict the outcome but as a few guys said after the L3 shipped they were upset they didn't buy more once they got them up and hashing.

Rjenkin is right about the passing of the torch from the barely profitable x11 farms to the new Asics. I agree that 100% increase in difficulty could be offset by those farms switching off Dash. We can all only speculate and we also don't know if Bitmain intends to mine dash or is just testing the Asics before shipping then closing the chapter on them. Current spike in difficulty could be attributed to bitmain mining and then diff decreases when they ship. Again this info isn't being made public but I do wish it was so we could all better estimate.
not.you
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August 12, 2017, 08:51:49 PM
 #1243

So if difficulty goes x20 then you are at 200 days for a D3 payback assuming the same price for Dash. If it's x40 then 400 days. I think x40 is the outside amount and it will be less than that. So yeah D3 isn't a get rich quick opportunity unless Dash pricing goes up a lot. Speaking of this, interest is definitely increasing and having all these mining manufacturers drawing interest can only help so I would expect Dash price to start tracking up over the next six months.

If Dash "goes up a lot" you're likely better off just buying Dash. In other words, I think you should calculate the ROI/payback/whatchamacallit in Dash, not USD, or rubles, or whatever. Will the D3 mine more Dash than the cost of the miner in Dash at the time of purchase?

For batch 3 the number is approximately 7.5. Will it mine 7.5 DASH or more?

That was my exact thinking when I finally decided not to buy one after having spent a couple hours slowly progressing through the website, hitting refresh over and over, going back to start to get one in the cart again.  On the final page I finally bailed and went to sleep instead. The fact that there were lots of people in this thread saying they had managed to make multiple purchases and that it had been two hours since it initially released also had me suspecting that the batch size was actually quite large making individual profitability that much lower when these finally do ship.  I'm sure batch 1 buyers will make a profit, and possibly batch 2 buyers as well, but I am going to wait for the next generation of more efficient miners when the network hashrate will be a lot higher and much less affected by a single model which will also make profitability calculations that much easier.
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August 13, 2017, 03:09:06 AM
 #1244

hi, Does anyone have Dash mining profitability formula that is based on network hash rate and our miners hashing power?

What is a good mining pool for Dash with less fees and better payout?
CryptoCrane (OP)
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August 13, 2017, 03:25:30 AM
 #1245

Just received an email confirmation that my November order was paid (bitcoin). I wish I would have used litecoin to pay since it would have been much much faster to confirm.

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August 13, 2017, 03:52:03 AM
 #1246

Just received an email confirmation that my November order was paid (bitcoin). I wish I would have used litecoin to pay since it would have been much much faster to confirm.

Dang....wish I'd hear something.....glad to hear someone is there working on the weekend....hopefully I'll hear something soon..
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August 13, 2017, 04:46:07 AM
 #1247

I got confirmation from 3 of my 5 orders.

2 D3 and 1 order for 4 PSU.

Still missing 2 orders!  Roll Eyes
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August 13, 2017, 05:34:07 AM
 #1248

I received an email confirmaton for one D3 using BTC. Nothing yet for the PSU order which I placed an hour later.
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August 13, 2017, 06:02:49 AM
 #1249

Bought couple of units, probably was a bad a idea. Did some forward projections with last 8 weeks as a past sample size, looks like we will lucky to make 10 bucks a day when the November batch comeouts for D3


That is about what I came up with also is we will be lucky to see $10 a day out of these... And that may be a little too optimistic.  All depends on how many miners they are shipping from each of the vendors and what Bitmain is going to be shipping.  Maybe you'll catch a break if Bitmain sales choke off the sales of the other miners.  Hard to know.

I know my Baikal's are just getting destroyed already so I don't think they will continue to run for a lot longer with the way things are collapsing already.

I don't think it will be nearly that bad and I'm optimistic it will actually be much better. If I'm completely wrong and it only mined exactly $10/day indefinitely (for the sake of easy math), it would still only take 7 months (216.5 days) to reach 100% ROI @ $0.10/kWh ($2.88/day in electricity = $7.12/day profit). If that's the worst case scenario, then this seems like a REALLY good bet to me.

Sure mate because coz we all know ROI always will stays constant at 10 bucks a month and difficulty and all other factors wont reduce it. lol!

$10/day was the number that was suggested, I just ran with it. Nobody actually believes the profit per day will stay constant. I think it will actually be much better than $10/day. So do lots of other people apparently. We could all be wrong, but I prefer to be optimistic.

Full disclosure: I don't have a crystal ball.

Fair enough I see what you mean... In my high level feeling, only people making money out of this is Bitmain and the re-sellers Smiley
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August 13, 2017, 06:18:05 AM
 #1250

Bought couple of units, probably was a bad a idea. Did some forward projections with last 8 weeks as a past sample size, looks like we will lucky to make 10 bucks a day when the November batch comeouts for D3


That is about what I came up with also is we will be lucky to see $10 a day out of these... And that may be a little too optimistic.  All depends on how many miners they are shipping from each of the vendors and what Bitmain is going to be shipping.  Maybe you'll catch a break if Bitmain sales choke off the sales of the other miners.  Hard to know.

I know my Baikal's are just getting destroyed already so I don't think they will continue to run for a lot longer with the way things are collapsing already.

I don't think it will be nearly that bad and I'm optimistic it will actually be much better. If I'm completely wrong and it only mined exactly $10/day indefinitely (for the sake of easy math), it would still only take 7 months (216.5 days) to reach 100% ROI @ $0.10/kWh ($2.88/day in electricity = $7.12/day profit). If that's the worst case scenario, then this seems like a REALLY good bet to me.

Sure mate because coz we all know ROI always will stays constant at 10 bucks a month and difficulty and all other factors wont reduce it. lol!

$10/day was the number that was suggested, I just ran with it. Nobody actually believes the profit per day will stay constant. I think it will actually be much better than $10/day. So do lots of other people apparently. We could all be wrong, but I prefer to be optimistic.

Full disclosure: I don't have a crystal ball.

Fair enough I see what you mean... In my high level feeling, only people making money out of this is Bitmain and the re-sellers Smiley

Don't get too discouraged. Dash may take off and go up to $500 or something. I think you all will make some decent coin out of the miners. Last time I bought mining equipment bitcoin was around $150. Now it is $4000. I would have never guessed it would have gone up so much in a few years.
crypticj
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August 13, 2017, 06:18:18 AM
 #1251

Its funny how we are rushing to order our d3's and count our blessing when we do order, but we are all nervous ordering something 3 months out hoping network difficulty doesn't rise too much and price holds up for all of us.

There is always that nagging feeling back of our heads that a D3+ is coming soon and so is L4 (1 ghs) because its natural progression for things to improve/get faster/ better.


Bitmain as any tech company needs to come out with faster/greatest and best items... otherwise they will go the route of oblivion.
bearsworth
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August 13, 2017, 08:06:05 AM
 #1252

I think Bitmain is doing to do what they did for LTC to Dash. If so, this is good news, but we will see moving forward.

Bitrated user: cryptomark.
cryptocr
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August 13, 2017, 12:48:42 PM
 #1253

Just got my 2 other orders.

I'm all set with my orders paid via BTC.

I have 4 D3 with 4 PSU for NOv.

I may be interested in selling 1 if the price is right.


 Wink
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August 13, 2017, 12:56:01 PM
 #1254


MONSTER!!! now we know all this is the reason why dash diff increased like hell in recent days..

yes my friend
sevenmiles
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August 13, 2017, 02:22:45 PM
 #1255


MONSTER!!! now we know all this is the reason why dash diff increased like hell in recent days..

yes my friend

Bloody Oct will come

Ryancope123
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August 13, 2017, 02:45:00 PM
 #1256

Anybody else still got there order flagged as expired? Mine was paid Friday within the week your time frame.

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August 13, 2017, 03:25:24 PM
 #1257

When can i expect next batch?
is there any way to get email notified, once stock is available
manav24
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August 13, 2017, 03:31:36 PM
 #1258

Anybody else still got there order flagged as expired? Mine was paid Friday within the week your time frame.

Mine!!! I ordered on 25th July (2nd batch I suppose) and paid on 26th July (bank transfer) and its still unpaid and expired but I heard that its normal with bitmain so don't worry, you will be fine.

Bitrated user: manav24.
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August 13, 2017, 04:39:05 PM
 #1259

Anybody else still got there order flagged as expired? Mine was paid Friday within the week your time frame.
Yes. My PSU order says expired and unpaid. And my D3 order says paying and expired.
Paid both orders by btc and both accounts have been debited to the last satoshi and yet expired is the status.
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August 13, 2017, 05:21:29 PM
 #1260


MONSTER!!! now we know all this is the reason why dash diff increased like hell in recent days..

yes my friend

Bloody Oct will come

Let's just hope that it is not bloody...
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