k1bbles
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Activity: 63
Merit: 10
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October 03, 2017, 02:53:11 PM |
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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 $35 USD.
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Bitrated user: k1bbles.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Mr_Snipes
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October 03, 2017, 02:53:58 PM |
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You're either a time-traveller from the distant past or you mis-configured some vlaues on the profit-calculators online. In the first release-days you could have that (and more) but these days have passed.
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Trade_BTC
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October 03, 2017, 02:55:32 PM |
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Hey guys i got an offer to buy d3 for 1623 with 14 days delivery do you think i get roi?
By my own calculations, the current earnings, before expenses, is 86$/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.
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generalt
Legendary
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Activity: 1096
Merit: 1021
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October 03, 2017, 03:00:11 PM |
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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.
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BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
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bytiges
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October 03, 2017, 03:07:40 PM Last edit: October 03, 2017, 04:07:44 PM by bytiges |
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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 ? ## 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: 82.8455970836EDIT: 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. 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
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bytiges
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October 03, 2017, 03:28:32 PM |
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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 $30 per day by my calculations. please explain how you do yours. Mines are in the previous post.
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generalt
Legendary
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Activity: 1096
Merit: 1021
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October 03, 2017, 04:22:02 PM |
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Hey guys i got an offer to buy d3 for 1623 with 14 days delivery do you think i get roi?
By my own calculations, the current earnings, before expenses, is 86$/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.
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BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
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ralto123
Newbie
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Activity: 1
Merit: 0
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October 03, 2017, 04:55:30 PM |
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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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bytiges
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October 03, 2017, 05:18:39 PM |
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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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LiteMine
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October 03, 2017, 07:13:05 PM |
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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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lentyna
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October 03, 2017, 07:22:06 PM |
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You not afraid to sell on eBay? I read stories about people returning miners after mining for a few months.
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Dopert
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October 03, 2017, 07:43:27 PM Last edit: October 03, 2017, 07:57:07 PM by Dopert |
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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
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RealKariverson
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October 03, 2017, 08:27:00 PM |
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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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madmartyk
Legendary
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Activity: 2674
Merit: 1030
Yes I am a pirate, 300 years too late!
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October 03, 2017, 08:35:48 PM |
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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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Dopert
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October 03, 2017, 08:40:28 PM |
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Wow some guys go for every penny.
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lentyna
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October 03, 2017, 08:42:41 PM |
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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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Dopert
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October 03, 2017, 08:43:30 PM |
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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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dashdash
Newbie
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Activity: 9
Merit: 0
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October 03, 2017, 09:24:50 PM |
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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
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Mr_Snipes
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October 03, 2017, 09:49:13 PM |
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(am sure we can change delivery address).
nope, bitmain is not allowing it anymore to avoid scalpers like you.
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