BenRickert
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November 05, 2017, 12:43:20 PM |
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difficulty wont go more then 50 mil so it will be 3.5 usd day without electricity at least i will be making that amount free electricity for me but other folks who have to pay for electricity they will be screwed some even wont get any revenue It will mathematically impossible for the Dash network to reach "50 M ". At some point waaaay south of that difficulty, a LOT of people that over paid for D3 Servers and are overpaying for Kwh, will be forced off the network because they will be mining at a loss. It's a game of attrition now. The same has happened in BTC and will happen in ALL crypto POW protocols. It's the nature of the beast. Man this hysteria is getting.....well......Hysterical.
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cuteman
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November 05, 2017, 01:00:30 PM |
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It will mathematically impossible for the Dash network to reach "50 M ". At some point waaaay south of that difficulty, a LOT of people that over paid for D3 Servers and are overpaying for Kwh, will be forced off the network because they will be mining at a loss. It's a game of attrition now. The same has happened in BTC and will happen in ALL crypto POW protocols. It's the nature of the beast. Man this hysteria is getting.....well......Hysterical.
Who knows... Current difficulty is 24M. There will be more big shipments in November ad December from Bitmain, and also from Ibelink - which they delayed. I think nobody will buy D3 any longer unless Bitmain loweres price to let's say $500.
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FrenchinHK
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November 05, 2017, 01:02:02 PM |
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It will mathematically impossible for the Dash network to reach "50 M ". At some point waaaay south of that difficulty, a LOT of people that over paid for D3 Servers and are overpaying for Kwh, will be forced off the network because they will be mining at a loss. It's a game of attrition now. The same has happened in BTC and will happen in ALL crypto POW protocols. It's the nature of the beast. Man this hysteria is getting.....well......Hysterical.
Who knows... Current difficulty is 24M. There will be more big shipments in November ad December from Bitmain, and also from Ibelink - which they delayed. I think nobody will buy D3 any longer unless Bitmain loweres price to let's say $500. you right, i was thinking the same at 500/800$ maximum, it can be ok for people who have cheap electricity
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cuteman
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November 05, 2017, 01:06:01 PM |
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BenRickert
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November 05, 2017, 01:13:39 PM |
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It will mathematically impossible for the Dash network to reach "50 M ". At some point waaaay south of that difficulty, a LOT of people that over paid for D3 Servers and are overpaying for Kwh, will be forced off the network because they will be mining at a loss. It's a game of attrition now. The same has happened in BTC and will happen in ALL crypto POW protocols. It's the nature of the beast. Man this hysteria is getting.....well......Hysterical.
Who knows... Current difficulty is 24M. There will be more big shipments in November ad December from Bitmain, and also from Ibelink - which they delayed. I think nobody will buy D3 any longer unless Bitmain loweres price to let's say $500. It doesn't matter how many they sold. At some point and it is very close, a LOT of people that bought these with candy apple dreams won't be able to run them. Unless they want to PAY to run them. Which is unlikely. If your cost of Kwh is north of .08 you will soon be losing money to run a D3. It will NOT get to 50m.
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cuteman
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November 05, 2017, 01:16:27 PM |
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This should be a Lesson for the future: If a coin's difficulty is low, and a new powerfull miner for that coint appeares on the market, with hashrate far exceeding hashrates of present miners, only those who get the very early new miners, will be able to benefit. All others will be f...ed by the impetuous difficulty's rise. Here is my conclusion
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BenRickert
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November 05, 2017, 01:24:49 PM |
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This should be a Lesson for the future: If a coin's difficulty is low, and a new powerfull miner for that coint appeares on the market, with hashrate far exceeding hashrates of present miners, only those who get the very early new miners, will be able to benefit. All others will be f...ed by the impetuous difficulty's rise. Here is my conclusion Indisputable. But....it would be better to recognize this BEFORE it happens. Like some of us did. Funny thing is.....when we tried to warn people, they got mad at us and called us heretics. People hate the truth.
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mcan
Member
Offline
Activity: 70
Merit: 10
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November 05, 2017, 01:25:41 PM |
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Reputation is nothing for BITMAIN
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FrenchinHK
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November 05, 2017, 01:25:51 PM |
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This should be a Lesson for the future: If a coin's difficulty is low, and a new powerfull miner for that coint appeares on the market, with hashrate far exceeding hashrates of present miners, only those who get the very early new miners, will be able to benefit. All others will be f...ed by the impetuous difficulty's rise. Here is my conclusion i will say be the 1st to have, tun it for 3 month , get 5/6 time your asic invest and sell it same price you bought it. Repeat
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omshree
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November 05, 2017, 01:56:42 PM |
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Don't forget that the same scenario happened with S9 after release, for quite a time they were mostly heating, but the adjustment happened, which will happen on dash net IF it stays alive.
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Donate if you like 1ANALSEXXGMd6HaN6CzQXtURLC5H9TjKoo
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cioloxl
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November 05, 2017, 02:01:03 PM |
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Don't forget that the same scenario happened with S9 after release, for quite a time they were mostly heating, but the adjustment happened, which will happen on dash net IF it stays alive.
This is what most people here don't realize. As if things in crypto don't change radically within a very short time frame. In any case, mining is somewhat of a gamble. But I firmly believe that within 3-4 months, D3s will be profitable again. On par with L3+.
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COINKING84
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November 05, 2017, 02:04:14 PM |
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Another option is to mine dash. Then immediately trade for the coins you think will go up more percentage then dash. If you pick the right ones your mining rig is basically a way to get BTC and alt coins without using dollars. Its all a gamble anyuso why not.
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lashatatu
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November 05, 2017, 02:22:45 PM |
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difficulty wont go more then 50 mil so it will be 3.5 usd day without electricity at least i will be making that amount free electricity for me but other folks who have to pay for electricity they will be screwed some even wont get any revenue It will mathematically impossible for the Dash network to reach "50 M ". At some point waaaay south of that difficulty, a LOT of people that over paid for D3 Servers and are overpaying for Kwh, will be forced off the network because they will be mining at a loss. It's a game of attrition now. The same has happened in BTC and will happen in ALL crypto POW protocols. It's the nature of the beast. Man this hysteria is getting.....well......Hysterical. i somewhat agree with that, many people will be forced out because of electricity, but amount bitmain sold will get difficulty near 50 mil if all of units go online, and even with 0.1 kwh it can get around 1 usd profit so if wont be negative income. but folks who have high electricity rates they will be forced out
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BenRickert
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November 05, 2017, 02:23:48 PM |
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Don't forget that the same scenario happened with S9 after release, for quite a time they were mostly heating, but the adjustment happened, which will happen on dash net IF it stays alive.
This is what most people here don't realize. As if things in crypto don't change radically within a very short time frame. In any case, mining is somewhat of a gamble. But I firmly believe that within 3-4 months, D3s will be profitable again. On par with L3+. You cannot compare the Scrypt network to the X11 network. No where near the depth on X11. That may change but until it does, no way these get back to those levels.
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FrenchinHK
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November 05, 2017, 02:24:55 PM |
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Another option is to mine dash. Then immediately trade for the coins you think will go up more percentage then dash. If you pick the right ones your mining rig is basically a way to get BTC and alt coins without using dollars. Its all a gamble anyuso why not.
then better to invest directly
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COINKING84
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November 05, 2017, 02:28:11 PM |
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Another option is to mine dash. Then immediately trade for the coins you think will go up more percentage then dash. If you pick the right ones your mining rig is basically a way to get BTC and alt coins without using dollars. Its all a gamble anyuso why not.
then better to invest directly Not if you already bought D3 antminer.
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DANTER
Newbie
Offline
Activity: 48
Merit: 0
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November 05, 2017, 02:43:52 PM |
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Guys... Is anyone in here actually have any experience in crypto ? When I read most of the comments I got the feeling that everyone was expecting to get $100 a day for a lifetime from those machines...
I know people which stopped mining BTC few years back as they be able to mine "only" 1 BTC per day ( approx $1 at that time ) and were moaning that is not worth to switch on the PC for this "crap" . I bought over 40 of D3 fro Nov , and now I am buying more below £1000/each on ebay - and there is only one stupid thing I done - I should keep the money and wait till now to get much more from "panty shitters" like most of you ...
Imagine you making NOW equivalent of $2 a day in DASH after elec cost .... and imagine DASH at $1000 with difficulty at the level of 50mil or DASH at $200 with difficulty 50mil and BTC at $20000 - how much your $1 from today will be worth ? What would be your ROI time from future perspective ?
Please get a good plug and close your bum hole to stop spreading the shit around , and open your mind - switch on brain - ... Or let me have it your D3's below $1000 in next few weeks...
Good Night...
You're a fucking retard. You have no clue what you're doing or talking about. All you're espousing is blind speculation. Do YOU think price appreciation on the Crypto protocols is somehow guaranteed?? Because that's what you idiotic retard rant suggests. I promise you this. You're going to get your stupid ass handed to you. Are your parents retarded to or dis they just get unlucky to birth a Troglodyte? Mining is a game - if you dont know the rules go home get a hammer and smash your stupid empty head instead of trolling
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wolf_miner
Legendary
Offline
Activity: 1018
Merit: 1001
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November 05, 2017, 02:59:33 PM |
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That's ridiculous, the APW3++ PSUs are not shipped yet. Now my two D3 are only an expensive heater because in my country electricity cost near 0.20-0.24 $/Kwh. D3 is the worstest mining experiment that I have done in all my years of mining. I has just lose a lot of money because i had payed about 750 Euro of customs duties and VAT for two D3 and I will pay more customs duties and VAT when the APW3++ will arrive.
Cheers W_M
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dalu1
Member
Offline
Activity: 83
Merit: 10
Performing it is a better way of learning things
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November 05, 2017, 03:13:12 PM |
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We should ask bitmain to upgrade firmware to add x11, x11gost, x13, x15 to D3
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cuteman
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November 05, 2017, 03:16:27 PM |
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This should be a Lesson for the future: If a coin's difficulty is low, and a new powerfull miner for that coint appeares on the market, with hashrate far exceeding hashrates of present miners, only those who get the very early new miners, will be able to benefit. All others will be f...ed by the impetuous difficulty's rise. Here is my conclusion Indisputable. But....it would be better to recognize this BEFORE it happens. Like some of us did. Funny thing is.....when we tried to warn people, they got mad at us and called us heretics. People hate the truth. You was totally correct, we need to admit now Unfortunately, if you are not in the crypto for many years, it's difficult to realise the rules of this game.
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