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Author Topic: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3  (Read 299604 times)
k1bbles
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October 03, 2017, 02:53:11 PM
 #3261

Hey guys i got an offer to buy d3 for 1623 with  14 days delivery do you think i get roi?
By my own calculations, the current earnings, before expenses, is 86$/day. Do your math.
This is by doing the math on the block chain and not by using online calculators.

Earnings are closer to $30 per day by my calculations.

What he said.  $30/day is current earnings/day.  It bounces between about $27 and $35 USD.

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October 03, 2017, 02:53:58 PM
 #3262

You're either a time-traveller from the distant past or you mis-configured some vlaues on the profit-calculators online.
In the first release-days you could have that (and more) but these days have passed.
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October 03, 2017, 02:55:32 PM
 #3263

Hey guys i got an offer to buy d3 for 1623 with  14 days delivery do you think i get roi?
By my own calculations, the current earnings, before expenses, is 86$/day. Do your math.
This is by doing the math on the block chain and not by using online calculators.

Earnings are closer to $30 per day by my calculations.

generalt is correct, earnings are very low compared to the ones we used when we first bought these. GPU mining profitability isn't that bad in comparison despite slightly more upfront cost. I can't imagine how low it's going to be in November at this point expect not to break even on electric.
generalt
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October 03, 2017, 03:00:11 PM
 #3264

If this continues dash should change its mining rewards. ~40 % block rewards go to miners, that's not enough and with a block halving in two years or so I'd hate to think what profits will be then unless dash skyrockets. Dash devs and master nodes get paid too well..


that won't change the dev of dashcoin likely holds half the coins and i heard he has half the nodes....they won't change imho.

(should probably research this ..what I was told anyway about dash)



That 10% dash budget is huge, every month they rake in millions to spend on salaries of a few employees and in developing dash. Only 30% of that goes to dash core. They are self funding unlike other coins. They won't change true just saying it would be nice if they did. Anything can change even if it has to fork. It's happened before.

https://www.dashforcenews.com/dash-monthly-budget-nears-1-million-30-goes-core/


Yeah I think they need to change their 45 45 10 split for new coins.  I think more should go to the miners.

BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
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October 03, 2017, 03:07:40 PM
Last edit: October 03, 2017, 04:07:44 PM by bytiges
 #3265

Maybe I'm wrong with my calculations, perhaps somebody can correct me.
My assumption is that the miner will get it's "fair" share from the total hash rate of the network. I'm getting the hash rate of the network from the dash explorer. Currently it's 118983679058664 (that is 118TH)167TH per updated data from today.
D3 hashrate is 17.5GH for the purposes of the calculation.
Where's my error ?

Code:
## ROI CALCULATION

dash2usd = 300
block_time = 158
block_24h = 24*3600/block_time
block_hour = block_24h/24
reward_block = 3.60+0.00510
#------
cost_kwh = 0.10
d3_power = 1.000
pool_cost = 2/100
#------
reward_24h = reward_block * block_24h
d3_reward_24h = d3_rate/last_rate * reward_24h
d3_reward_24h_usd = d3_reward_24h * dash2usd
print('Reward:', d3_reward_24h, 'USD:', d3_reward_24h_usd)
d3_cost_24h = d3_power * 24 * cost_kwh
pool_cost_24h = pool_cost*d3_reward_24h_usd
print('Power Cost:', d3_cost_24h, 'Pool Cost', pool_cost_24h, 'Total:', d3_cost_24h+pool_cost_24h )
net_earnings = d3_reward_24h_usd - d3_cost_24h - pool_cost_24h
print('Net Earnings:', net_earnings)
The output from the above is this:
Reward: 0.289951010488 USD: 86.9853031465
Power Cost: 2.4000000000000004 Pool Cost 1.73970606293 Total: 4.13970606293
Net Earnings: 82.8455970836


EDIT: LOL I stand corrected. Sorry I was using old data. Current earnings is still about 60$/day tough. I still don't understand if my method is wrong and I'm open to critique.
 
Code:
Network Rate: 167.041691738 TH/s
Reward: 0.206531900005 USD: 61.9595700015
Power Cost: 2.4000000000000004 Pool Cost 1.23919140003 Total: 3.63919140003
Net Earnings: 58.3203786015
bytiges
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October 03, 2017, 03:28:32 PM
 #3266

Hey guys i got an offer to buy d3 for 1623 with  14 days delivery do you think i get roi?
By my own calculations, the current earnings, before expenses, is 86$/day. Do your math.
This is by doing the math on the block chain and not by using online calculators.

Earnings are closer to $30 per day by my calculations.
please explain how you do yours. Mines are in the previous post.
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October 03, 2017, 04:22:02 PM
 #3267

Hey guys i got an offer to buy d3 for 1623 with  14 days delivery do you think i get roi?
By my own calculations, the current earnings, before expenses, is 86$/day. Do your math.
This is by doing the math on the block chain and not by using online calculators.

Earnings are closer to $30 per day by my calculations.
please explain how you do yours. Mines are in the previous post.

I didn't really look that close at your numbers but I think you are using 3.6 as the dash reward.  In actuality the block reward for dash is split 45% goes to the miner, 45% goes to the masternodes and 10% goes to the developers. 

BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
ralto123
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October 03, 2017, 04:55:30 PM
 #3268

Hi, short question. Everyone is talking about zpool etc.
what do you think about dash mining on Antpool? Good idea? If not, why?
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October 03, 2017, 05:18:39 PM
 #3269

I didn't really look that close at your numbers but I think you are using 3.6 as the dash reward.  In actuality the block reward for dash is split 45% goes to the miner, 45% goes to the masternodes and 10% goes to the developers. 
Ouch. Thank you!
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October 03, 2017, 06:26:26 PM
 #3270

I've decided to sell my D3, my GF is keeping hers

If anyone's interested

Would prefer to deal with BTCtalk members but it's also on eBay w/ 24 hours as I imagine that is the best market to sell these in currently
http://www.ebay.com/itm/-/112587969996?

https://bitcointalk.org/index.php?topic=2234463






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LiteMine
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October 03, 2017, 07:13:05 PM
 #3271

If this continues dash should change its mining rewards. ~40 % block rewards go to miners, that's not enough and with a block halving in two years or so I'd hate to think what profits will be then unless dash skyrockets. Dash devs and master nodes get paid too well..

Dash has a 7% block size decrease every January instead of a halving.
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October 03, 2017, 07:22:06 PM
 #3272

I've decided to sell my D3, my GF is keeping hers

If anyone's interested

Would prefer to deal with BTCtalk members but it's also on eBay w/ 24 hours as I imagine that is the best market to sell these in currently
http://www.ebay.com/itm/-/112587969996?

https://bitcointalk.org/index.php?topic=2234463







You not afraid to sell on eBay? I read stories about people returning miners after mining for a few months.
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October 03, 2017, 07:43:27 PM
Last edit: October 03, 2017, 07:57:07 PM by Dopert
 #3273

Ouch Voxs, you know the business. I remember you sold you Baikal (right tming). I gone get mine D3 in november, december. Wish you and Tails much lucky luck on mining bro  Grin
RealKariverson
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October 03, 2017, 08:27:00 PM
 #3274

You not afraid to sell on eBay? I read stories about people returning miners after mining for a few months.

After months they can't. I had an asshole trying to return an L3+ 65 days after receiving it. Even though I clearly stated no returns due to the nature of the product. He cannot do anything after 60 days because he can't even leave any feedback after that. It's still a bit scary though if someone tries it after a month.
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October 03, 2017, 08:35:48 PM
 #3275

You not afraid to sell on eBay? I read stories about people returning miners after mining for a few months.

After months they can't. I had an asshole trying to return an L3+ 65 days after receiving it. Even though I clearly stated no returns due to the nature of the product. He cannot do anything after 60 days because he can't even leave any feedback after that. It's still a bit scary though if someone tries it after a month.

I have had an S9 returned right after the buyer received it.  Bitched that it was too noisy, he returned it, I checked it out (it was all OK) and resold it.  I also make little marks on the hash boards and take pictures of everything in case they try swapping boards.

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October 03, 2017, 08:40:28 PM
 #3276

Wow some guys go for every penny.
lentyna
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October 03, 2017, 08:42:41 PM
 #3277

You not afraid to sell on eBay? I read stories about people returning miners after mining for a few months.

After months they can't. I had an asshole trying to return an L3+ 65 days after receiving it. Even though I clearly stated no returns due to the nature of the product. He cannot do anything after 60 days because he can't even leave any feedback after that. It's still a bit scary though if someone tries it after a month.

I have had an S9 returned right after the buyer received it.  Bitched that it was too noisy, he returned it, I checked it out (it was all OK) and resold it.  I also make little marks on the hash boards and take pictures of everything in case they try swapping boards.

So if you state "no returns" can eBay still force you to take it back?
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October 03, 2017, 08:43:30 PM
 #3278

Madmarky, can you help me out on the avanter pic on bitcointalk, did not get it right so far. What must i fill in and where?
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October 03, 2017, 09:24:50 PM
 #3279

Hi everybody,

I have two prepaid BITMAIN D3 orders for shipping 1st half of november - will sell for a very small negotiable premium, I paid 1499 USD a piece plus 210 USD per power supply and 373.92 USD for shipping with UPS (am sure we can change delivery address).

Pls PM me if interested  Smiley
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October 03, 2017, 09:49:13 PM
 #3280

(am sure we can change delivery address).

nope, bitmain is not allowing it anymore to avoid scalpers like you.
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