Trade_BTC
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August 18, 2017, 04:41:01 PM |
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I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.
Why would the number of sold miners affect Dash price? More miners -> more coins being produced and sold -> lower Dash price. More miners has ZERO effect on how many coins are produced. More miners = more DIFFICULTY, not more coins. Yes, Dash mean more miners, less Dash. Dash has a dynamic block reward. https://www.youtube.com/watch?v=2vZDclyqh5YThanks for sharing that! which will never ever change again since you only get more DASH when the diff is <3k Except for the yearly 7% reduction that's built in. I know deflation is good but given every block mined gives masternode and governance 55% I think dash overcompensated too much on supply reduction. Needless to say it's going to have to skyrocket or die.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Micky25
Legendary
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Activity: 974
Merit: 1000
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August 18, 2017, 06:24:28 PM |
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some Bitmain Asic porn Bitmain
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Ryancope123
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August 18, 2017, 07:42:43 PM |
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if there are genuine 18k units coming online the end of November, doesn't that mean we will have a HUGE increase in ROI?
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GröBkAz
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August 18, 2017, 07:51:53 PM |
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Does it make sense to buy now and wait till november to get dispatched?
how much will be ROI in month of November
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Bibi187
Full Member
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Activity: 420
Merit: 106
https://steemit.com/@bibi187
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August 18, 2017, 07:56:51 PM |
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Does it make sense to buy now and wait till november to get dispatched?
how much will be ROI in month of November
Only a jump in dash price worth to buy D3 for november and at this point if u believe in DASH and want to get some profit, just buy some right now and wait jump price. Buy dash for cost of D3, wait November and check DASH price for sell or keep. If dash up u alrdy win more them wath D3 bring to you, if DASH lower price, u gona loose less. My next ASIC buy will be with new generation ASIC, or maybe SIA asic.
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crypticj
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August 18, 2017, 07:58:02 PM |
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if there are genuine 18k units coming online the end of November, doesn't that mean we will have a HUGE increase in ROI?
No 18k units add almost 270 Th/s x11 to the network raising the network difficulty so what ends up happening is more miners are competing for the same piece of x11 coins reducing everyones profit only way you can ROI faster is if price of the coin increase is faster than network difficulty than the $ reward is Higher. "HUGE increase in ROI" do you mean it will take longer to ROI than YES it will take 3 months to 12 months ROI
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wolf_miner
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Activity: 1018
Merit: 1001
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August 18, 2017, 08:22:28 PM Last edit: August 19, 2017, 03:42:06 PM by wolf_miner |
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"productRemainCount" value="6922"
"productRemainCount" value="4138"
"productRemainCount" value="6102"
"productRemainCount" value="5518"
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willi9974
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Activity: 3430
Merit: 2662
Escrow Service
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August 18, 2017, 08:45:02 PM |
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WTF
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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Marvell1
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Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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August 18, 2017, 09:52:41 PM |
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WTF
mfkers buying like hotcakes i think i will by another 5 this weekend if BTC drops a bit more
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btcapollo
Member
Offline
Activity: 115
Merit: 10
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August 18, 2017, 10:03:13 PM |
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WTF
mfkers buying like hotcakes i think i will by another 5 this weekend if BTC drops a bit more There's plenty of supply on the Bitmain website. This batch of D3 is taking a long time to sell out.
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wheelz1200
Legendary
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Activity: 3612
Merit: 1406
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August 18, 2017, 10:19:17 PM |
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WTF
mfkers buying like hotcakes i think i will by another 5 this weekend if BTC drops a bit more There's plenty of supply on the Bitmain website. This batch of D3 is taking a long time to sell out. Tough call without seeing network effects. 1st couple batches will be decent, next couple are up in the air. Its the x11 nuclear rise people are worried about
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avilolo0101
Member
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Activity: 118
Merit: 10
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August 19, 2017, 12:06:18 AM |
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was placing an order today,after I read here that it was sold like no stop 18,000 units- the diff will go to the moon. there is other coins that can be mined with this x11 or you must work with vitamin pool which is just dash mining. or any coins that use x11 can be mined with this machine. sorry for the stupid question I'm just only in the gpu mining world. its make sense that I can use this miner in any pool and any currency with x11 also,but how you do it if its not a computer
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Bibi187
Full Member
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Activity: 420
Merit: 106
https://steemit.com/@bibi187
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August 19, 2017, 12:17:29 AM |
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was placing an order today,after I read here that it was sold like no stop 18,000 units- the diff will go to the moon. there is other coins that can be mined with this x11 or you must work with vitamin pool which is just dash mining. or any coins that use x11 can be mined with this machine. sorry for the stupid question I'm just only in the gpu mining world. its make sense that I can use this miner in any pool and any currency with x11 also,but how you do it if its not a computer
Fair question, i ask same thing not so much time ago. U can mine every X11 algo with D3, u manage D3 on php with IP on your subnet. On past, some builder release firmware upgrade that let you mine other algo, future gona give us answer
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avilolo0101
Member
Offline
Activity: 118
Merit: 10
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August 19, 2017, 12:47:30 AM |
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was placing an order today,after I read here that it was sold like no stop 18,000 units- the diff will go to the moon. there is other coins that can be mined with this x11 or you must work with vitamin pool which is just dash mining. or any coins that use x11 can be mined with this machine. sorry for the stupid question I'm just only in the gpu mining world. its make sense that I can use this miner in any pool and any currency with x11 also,but how you do it if its not a computer
Fair question, i ask same thing not so much time ago. U can mine every X11 algo with D3, u manage D3 on php with IP on your subnet. On past, some builder release firmware upgrade that let you mine other algo, future gona give us answer thanks for the answer hope we will get our roi in 8 month from november
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Freight
Newbie
Offline
Activity: 56
Merit: 0
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August 19, 2017, 02:14:49 AM |
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Yikes 8 month ROI? Sure hope it doesn't take that long.
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BenRickert
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August 19, 2017, 02:57:42 AM |
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was placing an order today,after I read here that it was sold like no stop 18,000 units- the diff will go to the moon. there is other coins that can be mined with this x11 or you must work with vitamin pool which is just dash mining. or any coins that use x11 can be mined with this machine. sorry for the stupid question I'm just only in the gpu mining world. its make sense that I can use this miner in any pool and any currency with x11 also,but how you do it if its not a computer
Fair question, i ask same thing not so much time ago. U can mine every X11 algo with D3, u manage D3 on php with IP on your subnet. On past, some builder release firmware upgrade that let you mine other algo, future gona give us answer You're fine brother. You can point it at any X11 coin. There are several to choose from. Also look up the switching pools. They will automatically point your hash at the most profitable coin at any given time. No worries man. These miners are as "plug and play" as it gets. There are several YouTube videos that can help you get it set up and hashing away. " So easy a Caveman can do it ".
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mawk01
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August 19, 2017, 03:47:54 AM |
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Hey guys....quick question.....will the D3 units shipped to the US with the APW3+'s, what kind of plug will they have. Will they be 110 or 220? Sorry for the noob question.
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greyworld
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August 19, 2017, 03:51:56 AM |
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Bitmain has jumped the shark. Maybe they used to be a reputable company but now they're just outright crooks. They take your money, do not ship product, and then alternate between ignoring you entirely and spamming you to buy other products from them.
You can try to buy a D3 on their site now, but they'll probably just take your money and laugh knowing you won't come to China to do anything about it..
Jihan Wu and his band of thieves are terrible human beings, the absolute worst. I hope they all die in a fire.
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mawk01
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August 19, 2017, 04:01:02 AM |
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Bitmain has jumped the shark. Maybe they used to be a reputable company but now they're just outright crooks. They take your money, do not ship product, and then alternate between ignoring you entirely and spamming you to buy other products from them.
You can try to buy a D3 on their site now, but they'll probably just take your money and laugh knowing you won't come to China to do anything about it..
Jihan Wu and his band of thieves are terrible human beings, the absolute worst. I hope they all die in a fire.
Hey Greyworld....are you saying you don't think they will ship the paid for orders?
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