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Author Topic: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3  (Read 175892 times)
buggy166
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August 05, 2017, 03:21:17 AM
 #661

iBelink would have to give those away in order to pull the sales away from Bitmain.  Price is going to win this battle sadly.
iBelink isnt making any more units, nor selling any, that i know of.

I havent seen any or i would've bought some more. They're hashing $3500-4000 at the moment.

At $6000 I'd buy 10 more if they would've gotten shipped in next week, like my current units have.

edit: I stand corrected:

https://ibelink.co/blog/


22gh/s iBelink miner announced for October delivery.

This explains why Bitmain freaked out with pricing on their Batch 2 ASICs. Its a turf war until the end of winter, when a winner will probably emerge.

#winteriscoming
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Searing
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August 05, 2017, 03:43:23 AM
 #662

iBelink would have to give those away in order to pull the sales away from Bitmain.  Price is going to win this battle sadly.
iBelink isnt making any more units, nor selling any, that i know of.

I havent seen any or i would've bought some more. They're hashing $3500-4000 at the moment.

At $6000 I'd buy 10 more if they would've gotten shipped in next week, like my current units have.

edit: I stand corrected:

https://ibelink.co/blog/


22gh/s iBelink miner announced for October delivery.

This explains why Bitmain freaked out with pricing on their Batch 2 ASICs. Its a turf war until the end of winter, when a winner will probably emerge.

#winteriscoming

heh....may be a 12-15 month roi at best with my 2700 usd Sept 18th (supposed) delivery of the D3 I got (one) ......especially if these ibelink units
ship at the first of Oct

Anyway, why I only got ONE at least (it was a trap...the asic gods hate me) Sad

crypto always drama

shaninium
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August 05, 2017, 04:10:03 AM
 #663

If ibelink buyers get their 22ghs upgrade kits soon or before october ( at a discount or possibly free for some) then they will have the fastest and most efficient miner even once the d3's are released and until the a5 even once the d3s are shipped, not sure how they did it but they got 3x as many of the same chips in the 22gh miner yet using same power usage.
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August 05, 2017, 06:33:15 AM
 #664

If ibelink buyers get their 22ghs upgrade kits soon or before october ( at a discount or possibly free for some) then they will have the fastest and most efficient miner even once the d3's are released and until the a5 even once the d3s are shipped, not sure how they did it but they got 3x as many of the same chips in the 22gh miner yet using same power usage.


well...in my case, I mined the LTC used....so this year...1/2 can go to the tax man ...or that same 1/2 can go to equip with an additional 25% due to 100% equip deduction in 1 year
applied to taxes I owe..or know I'm gonna owe this year

So the gamble was 25% more in $$$ on equipment...than just paying the IRS the 50% off what I mined in coin

sucks...but that is how it is...so worse case I figure it is a wash

Glad I was paranoid and only got the ONE though....

I also HOPE that bitmain will release a firmware update (like Baikal eventually did in the past) to do X13 and X15 coins. What the heck, probably won't happen, but would allow
me to mine something, if when these miners destroy/pump/boom the X11 coins out there in the world.

Anyway, still (in my case) I'll probably get by...but again...circumstances...I feel sad for those who may have bet the farm.

Whenever bitmain REDUCES PRICE DRASTICALLY as they have done with product in the past..it usually means something else is dire in the crypto world

but damn, even this one miner I got could be a 'doorstop' by December 2017 ..what an arms race!


thiec
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August 05, 2017, 06:36:17 AM
 #665

With D3 last batch price as base price, here my math

D3 = $1599 = 15 GHs
1 GHs = $106.6

A5 = 30.2 GHs x 106.6 = $3219.32
DM22G = 22 GHs x 106.6 = $2345.2

Without factored power efficiency. Some people may not have problem with electric bill.

zamans98
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August 05, 2017, 07:16:44 AM
 #666

iBelink would have to give those away in order to pull the sales away from Bitmain.  Price is going to win this battle sadly.
iBelink isnt making any more units, nor selling any, that i know of.

I havent seen any or i would've bought some more. They're hashing $3500-4000 at the moment.

At $6000 I'd buy 10 more if they would've gotten shipped in next week, like my current units have.

edit: I stand corrected:

https://ibelink.co/blog/


22gh/s iBelink miner announced for October delivery.

This explains why Bitmain freaked out with pricing on their Batch 2 ASICs. Its a turf war until the end of winter, when a winner will probably emerge.

#winteriscoming

22GH/s and selling close to 6K? Whhhhhaaaaat?

Bitmain D3 ==>15 GH/s@ $1600, buy 3 = 45G/hs @ 4,800.
Even the delivery is late by weeks, you can made up the "lost time" with extra Hash power.
bitenator
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August 05, 2017, 07:33:52 AM
 #667

22GH/s and selling close to 6K? Whhhhhaaaaat?

Bitmain D3 ==>15 GH/s@ $1600, buy 3 = 45G/hs @ 4,800.
Even the delivery is late by weeks, you can made up the "lost time" with extra Hash power.


In case you'll catch the batch
thesavoyard
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August 05, 2017, 07:41:18 AM
 #668

The iBelink has a really good power efficiency for the hash power, but the price per hash isn't great. It would take a long time to ROI that.

benhaddadm
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August 05, 2017, 10:00:28 AM
 #669

•I have preordered Antminer D3, Payment method by bank
•Should the bank account be in my name?
I mean it can transfer funds to Bitmain account without importance if the bank account is mine or someone else?
RealKariverson
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August 05, 2017, 10:15:23 AM
 #670

•I have preordered Antminer D3, Payment method by bank
•Should the bank account be in my name?
I mean it can transfer funds to Bitmain account without importance if the bank account is mine or someone else?

Yes, it doesn't matter from how many bank accounts you pay you just have to include the reference number they gave you. The first L3+ I ordered was with bank transfer and because of capital controls I had to use 2 accounts.
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August 05, 2017, 12:42:01 PM
 #671

•I have preordered Antminer D3, Payment method by bank
•Should the bank account be in my name?
I mean it can transfer funds to Bitmain account without importance if the bank account is mine or someone else?

Yes, it doesn't matter from how many bank accounts you pay you just have to include the reference number they gave you. The first L3+ I ordered was with bank transfer and because of capital controls I had to use 2 accounts.

thank you bro! Smiley Smiley Smiley
coeurdelion
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August 05, 2017, 01:54:09 PM
 #672

Hi, i'm new to mining do you think it's worth it to buy at batch 4 for november delivery at 2'299$ price. I'm thinking of buying 10 of it and will have electricity for 2,8 cents kw/h at Giga Watt . Do you think I can get ROI in one year ? And after that how much time do you think I can run them and make profit ?

 https://www.gigawatt.sg/shop/dash-miners/antminer-d3-dash-miner-batch-4-november/
CryptoCrane
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August 05, 2017, 02:36:54 PM
 #673

Hi, i'm new to mining do you think it's worth it to buy at batch 4 for november delivery at 2'299$ price. I'm thinking of buying 10 of it and will have electricity for 2,8 cents kw/h at Giga Watt . Do you think I can get ROI in one year ? And after that how much time do you think I can run them and make profit ?

 https://www.gigawatt.sg/shop/dash-miners/antminer-d3-dash-miner-batch-4-november/

This seems really peculiar. Bitmain hasn't announced or released a "batch 4" for November, yet Gigawatt is selling them? That's ballsy to say the least. Furthermore, Gigawatt doesn't have any way of knowing they'll get the hundreds of D3s they're selling. Considering Bitmain's past disdain for Gigawatt, I highly doubt they would allow them access to pre-order before anyone else.

I'd stay clear of this.

coeurdelion
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August 05, 2017, 03:00:05 PM
 #674

Hi, i'm new to mining do you think it's worth it to buy at batch 4 for november delivery at 2'299$ price. I'm thinking of buying 10 of it and will have electricity for 2,8 cents kw/h at Giga Watt . Do you think I can get ROI in one year ? And after that how much time do you think I can run them and make profit ?

 https://www.gigawatt.sg/shop/dash-miners/antminer-d3-dash-miner-batch-4-november/

This seems really peculiar. Bitmain hasn't announced or released a "batch 4" for November, yet Gigawatt is selling them? That's ballsy to say the least. Furthermore, Gigawatt doesn't have any way of knowing they'll get the hundreds of D3s they're selling. Considering Bitmain's past disdain for Gigawatt, I highly doubt they would allow them access to pre-order before anyone else.

I'd stay clear of this.

Thank you very much, I sent them an e-mail to ask them.

edit : Gigawatt company owner responded about this here https://bitcoinmagazine.com/articles/giga-watt-ceo-we-desperately-need-balance-power-mining-space/
cryptotore
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August 05, 2017, 03:50:59 PM
 #675

If ibelink buyers get their 22ghs upgrade kits soon or before october ( at a discount or possibly free for some) then they will have the fastest and most efficient miner even once the d3's are released and until the a5 even once the d3s are shipped, not sure how they did it but they got 3x as many of the same chips in the 22gh miner yet using same power usage.


well...in my case, I mined the LTC used....so this year...1/2 can go to the tax man ...or that same 1/2 can go to equip with an additional 25% due to 100% equip deduction in 1 year
applied to taxes I owe..or know I'm gonna owe this year

So the gamble was 25% more in $$$ on equipment...than just paying the IRS the 50% off what I mined in coin

sucks...but that is how it is...so worse case I figure it is a wash

Glad I was paranoid and only got the ONE though....

I also HOPE that bitmain will release a firmware update (like Baikal eventually did in the past) to do X13 and X15 coins. What the heck, probably won't happen, but would allow
me to mine something, if when these miners destroy/pump/boom the X11 coins out there in the world.

Anyway, still (in my case) I'll probably get by...but again...circumstances...I feel sad for those who may have bet the farm.

Whenever bitmain REDUCES PRICE DRASTICALLY as they have done with product in the past..it usually means something else is dire in the crypto world

but damn, even this one miner I got could be a 'doorstop' by December 2017 ..what an arms race!



I don't get it mate. You still have to pay taxes on the coins you have bought stuff with tho?

Like, if I buy BTC at 100$, and it rises to 200$. Then I buy something for those 200$, I still need to pay taxes on the 100$ gained.
Its the same with mining, just a little more work calculating the cost of those coins you have mined.


thesavoyard
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August 05, 2017, 03:53:33 PM
 #676

If ibelink buyers get their 22ghs upgrade kits soon or before october ( at a discount or possibly free for some) then they will have the fastest and most efficient miner even once the d3's are released and until the a5 even once the d3s are shipped, not sure how they did it but they got 3x as many of the same chips in the 22gh miner yet using same power usage.


well...in my case, I mined the LTC used....so this year...1/2 can go to the tax man ...or that same 1/2 can go to equip with an additional 25% due to 100% equip deduction in 1 year
applied to taxes I owe..or know I'm gonna owe this year

So the gamble was 25% more in $$$ on equipment...than just paying the IRS the 50% off what I mined in coin

sucks...but that is how it is...so worse case I figure it is a wash

Glad I was paranoid and only got the ONE though....

I also HOPE that bitmain will release a firmware update (like Baikal eventually did in the past) to do X13 and X15 coins. What the heck, probably won't happen, but would allow
me to mine something, if when these miners destroy/pump/boom the X11 coins out there in the world.

Anyway, still (in my case) I'll probably get by...but again...circumstances...I feel sad for those who may have bet the farm.

Whenever bitmain REDUCES PRICE DRASTICALLY as they have done with product in the past..it usually means something else is dire in the crypto world

but damn, even this one miner I got could be a 'doorstop' by December 2017 ..what an arms race!



I don't get it mate. You still have to pay taxes on the coins you have bought stuff with tho?

Like, if I buy BTC at 100$, and it rises to 200$. Then I buy something for those 200$, I still need to pay taxes on the 100$ gained.
Its the same with mining, just a little more work calculating the cost of those coins you have mined.




If you're a business you can write off the cost of purchases. Any money reinvested in the business is deductable.

cryptotore
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August 05, 2017, 04:01:01 PM
 #677

If ibelink buyers get their 22ghs upgrade kits soon or before october ( at a discount or possibly free for some) then they will have the fastest and most efficient miner even once the d3's are released and until the a5 even once the d3s are shipped, not sure how they did it but they got 3x as many of the same chips in the 22gh miner yet using same power usage.


well...in my case, I mined the LTC used....so this year...1/2 can go to the tax man ...or that same 1/2 can go to equip with an additional 25% due to 100% equip deduction in 1 year
applied to taxes I owe..or know I'm gonna owe this year

So the gamble was 25% more in $$$ on equipment...than just paying the IRS the 50% off what I mined in coin

sucks...but that is how it is...so worse case I figure it is a wash

Glad I was paranoid and only got the ONE though....

I also HOPE that bitmain will release a firmware update (like Baikal eventually did in the past) to do X13 and X15 coins. What the heck, probably won't happen, but would allow
me to mine something, if when these miners destroy/pump/boom the X11 coins out there in the world.

Anyway, still (in my case) I'll probably get by...but again...circumstances...I feel sad for those who may have bet the farm.

Whenever bitmain REDUCES PRICE DRASTICALLY as they have done with product in the past..it usually means something else is dire in the crypto world

but damn, even this one miner I got could be a 'doorstop' by December 2017 ..what an arms race!



I don't get it mate. You still have to pay taxes on the coins you have bought stuff with tho?

Like, if I buy BTC at 100$, and it rises to 200$. Then I buy something for those 200$, I still need to pay taxes on the 100$ gained.
Its the same with mining, just a little more work calculating the cost of those coins you have mined.




If you're a business you can write off the cost of purchases. Any money reinvested in the business is deductable.

Hmm, you can write off cost of purchases if you are not a business as well, costs of gear, hosting, electricity, internet ++ is basically the cost of coin. If I need to drive somewhere to restart a rig, thats a part of it too.
Atleast thats how I calculate my average cost of coin, to be able to calculate how much is actual profits when I sell them.

And then I pay 28% tax on the actual profits (Norway).
thesavoyard
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August 05, 2017, 04:16:45 PM
 #678

That's the way it should work, but most countries don't allow most deductions. France won't let me deduct anything without a SARL. A French limited liability company.

Tai_Pan
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August 05, 2017, 08:22:03 PM
 #679

Anybody knows why DASH difficulty increased today from 400k at 9am to 800k at 1pm ?  Shocked    and return back to 600k at 2pm.

How such big jumps possible?   Roll Eyes

Sorry for that, I powered on my new sha/scrypt/x11 mobile phone that arives today from Bitmain ...

Brilliant one !!! Smiley

QuintLeo
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August 05, 2017, 08:25:36 PM
 #680

If ibelink buyers get their 22ghs upgrade kits soon or before october ( at a discount or possibly free for some) then they will have the fastest and most efficient miner even once the d3's are released and until the a5 even once the d3s are shipped, not sure how they did it but they got 3x as many of the same chips in the 22gh miner yet using same power usage.

 It's somewhat more than 3 times the chips - which indicates they are running them at a MUCH lower voltage point for higher efficiency, at a cost in hash per chip.
 Think of the 11 Gh miner as a T9, the 22Gh one as a S9, but more so.


 They're going to have to drop the price some though (despite their additional costs) to stay competative - 22 Ghash for $6000 isn't going to sell many units.

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