cuteman
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February 10, 2018, 01:31:12 AM |
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Diff is 130M now , and profit is NEGATIVE We can be saved by only market increase. not that bad with free electricity Oh, average people are not connected to free electricity. By the way, difficulty has decreased a little , so it is still worth to mine, but ROI is not on the horizont
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
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February 10, 2018, 05:47:27 AM |
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Seems Bitmain's monopoly comes to an end Well known Mining Conglomerates, Bitmain and Canaan Creative, are about to be given a run for their money as Samsung has announced it will join in the mining game. Yesterday Samsung confirmed that it will begin manufacturing ASIC (Application Specific Integrated Chips) chips which will be used in cryptocurrency mining specific equipment. https://medium.com/@mappopk/samsung-to-join-the-cryptocurrency-craze-3b56ecb6163cI read somewhere that samsung was making chips also for baikal....just saying..... edit: found the link for what it is worth http://www.idownloadblog.com/2017/12/22/samsung-baikal-bitcoin/
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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mikensen
Newbie
Offline
Activity: 18
Merit: 10
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February 10, 2018, 08:20:28 AM |
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Dash price dropped from $1200 to below $600 just within last month With current difficulty of 124 mln, and 10 cents/kW cost, mining becomes unprofitable Well stop mining dash directly and start looking for alternatives. Multipools are hot now. I'm currently on d3pool.eu (most profitable 24 hour atm.)
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cuteman
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February 10, 2018, 06:03:12 PM |
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"Samsung’s component-making arm will supply 14-nanometer ASIC chips for Baikal’s newly updated Bitcoin mining hardware. First chip samples have already been tested, with mass production scheduled to kick off in January 2018."- I see there will be still no breakthrough in bitcoin ASIC manufacturing. Samsung will produce 14-nm chips, while Bitmain's S9 is 16 nm. But Samsung entrance to the market could lead to much tougher competition for Bitmain, and reduce prices.
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not.you
Legendary
Offline
Activity: 1726
Merit: 1018
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February 10, 2018, 06:43:13 PM |
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"Samsung’s component-making arm will supply 14-nanometer ASIC chips for Baikal’s newly updated Bitcoin mining hardware. First chip samples have already been tested, with mass production scheduled to kick off in January 2018."- I see there will be still no breakthrough in bitcoin ASIC manufacturing. Samsung will produce 14-nm chips, while Bitmain's S9 is 16 nm. But Samsung entrance to the market could lead to much tougher competition for Bitmain, and reduce prices. Biggest problem with this scenario is baikal. They can't even build a working web store. Hopefully someone else will be getting samsung chips to build something.
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Early_Waffle
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February 12, 2018, 04:59:27 PM |
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to date, mining becomes unprofitable business. I have a D3, profit from it whatsoever, DASH 4 bucks a day. to ocument years.
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Albortz
Sr. Member
Offline
Activity: 420
Merit: 250
Tax Attorney - Investor - Entrepreneur
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February 12, 2018, 06:22:59 PM |
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It seams like none of you really understands how business works.
You all cry Bitmain is evil because they are the only one with a monopoly and because they sell a shitload of miners to willing buyers at fair market prices?
Really? What do you think will happen, if Samsung and Baikal really produce a competing miner? They will def not just sell 10 of them...
The difficulty is going to go to the moon.
Prices "Might" fall and I highly doubt they will.... ruining their business for themselves by undercutting the other did not really work in the past (just look at coca cola and pepsi)
Oh and even if the price of mining hardware is going to decrease, due to the higher difficulty and still fixed electricity costs, mining is not going to be more profitable.....
Just think about it for one second. Same product from Hashing power, half the price and people will buy twice as many because they are cheaper....
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Sandal_Hat
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February 12, 2018, 06:25:19 PM |
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It seams like none of you really understands how business works.
You all cry Bitmain is evil because they are the only one with a monopoly and because they sell a shitload of miners to willing buyers at fair market prices?
Really? What do you think will happen, if Samsung and Baikal really produce a competing miner? They will def not just sell 10 of them...
The difficulty is going to go to the moon.
Prices "Might" fall and I highly doubt they will.... ruining their business for themselves by undercutting the other did not really work in the past (just look at coca cola and pepsi)
Oh and even if the price of mining hardware is going to decrease, due to the higher difficulty and still fixed electricity costs, mining is not going to be more profitable.....
Just think about it for one second. Same product from Hashing power, half the price and people will buy twice as many because they are cheaper....
Agreed. In fact, more manufacturers means more difficulty increases which lead to less profit per miner. Many miners will not break even. And the threat of a new machine appearing out of the blue to make obsolete the machine u just bought also increases.
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Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
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lashatatu
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February 15, 2018, 08:38:37 AM |
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does anyone know what happened to dash network hashrate?
it wasnt this low since before last batch arrived 3 months ago, not that i'm complaining, just curious
anyone?
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Bombardier
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February 15, 2018, 01:25:06 PM |
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does anyone know what happened to dash network hashrate?
it wasnt this low since before last batch arrived 3 months ago, not that i'm complaining, just curious
anyone?
low profitability because of the dash price.
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skeincoin
Copper Member
Jr. Member
Offline
Activity: 50
Merit: 5
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February 15, 2018, 02:19:46 PM |
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Hi there!
Are there any ASIC/FPGA for skeinalgo specific?
Cheers
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lashatatu
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February 15, 2018, 03:40:57 PM |
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does anyone know what happened to dash network hashrate?
it wasnt this low since before last batch arrived 3 months ago, not that i'm complaining, just curious
anyone?
low profitability because of the dash price. not profitability, just hashrate and because of that difficulty is lower. just curious where miners went
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junforever
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February 15, 2018, 04:34:22 PM |
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I am selling 3 apw3++ completely new, if anybody is interesting send me a pm (just us users)
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Apprentice
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February 21, 2018, 11:23:07 AM |
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I have sent 5 D3 hashing boards to bitmain since 5 weeks and until now it has not been collected or sent back. been writing daily emails with no reply
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Micky25
Legendary
Offline
Activity: 974
Merit: 1000
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February 21, 2018, 02:30:07 PM |
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I have sent 5 D3 hashing boards to bitmain since 5 weeks and until now it has not been collected or sent back. been writing daily emails with no reply
Look at the bright side, you don't lose a lot and save energy. Maybe you're even better off without them
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Bombardier
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February 21, 2018, 04:39:27 PM |
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I have sent 5 D3 hashing boards to bitmain since 5 weeks and until now it has not been collected or sent back. been writing daily emails with no reply
Look at the bright side, you don't lose a lot and save energy. Maybe you're even better off without them that's one point of view
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cuteman
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February 25, 2018, 11:31:38 AM |
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does anyone know what happened to dash network hashrate?
it wasnt this low since before last batch arrived 3 months ago, not that i'm complaining, just curious
anyone?
I don't see anything strange. Hasrate fluctuates around from 2 to 2.5PH/s starting December. One day it falls, another day rises.
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lashatatu
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February 25, 2018, 03:57:42 PM |
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does anyone know what happened to dash network hashrate?
it wasnt this low since before last batch arrived 3 months ago, not that i'm complaining, just curious
anyone?
I don't see anything strange. Hasrate fluctuates around from 2 to 2.5PH/s starting December. One day it falls, another day rises. yeah it was false alarm you can see in chart between 12-17 feb there is a little gap hashrate went down and didnt went up for 2 days i think that was when i posted
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ManuelManuel
Newbie
Offline
Activity: 12
Merit: 0
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February 25, 2018, 06:12:52 PM |
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I heard some crazy news about bitmain today. So they made profit in the billions last year more than some of the leading GPU producers which is a very symbolic i think. It's going to be companies like bitmain that will be at the cutting edge of chip capacity development in the future. The money is moving there after all.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
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February 25, 2018, 07:29:20 PM |
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I heard some crazy news about bitmain today. So they made profit in the billions last year more than some of the leading GPU producers which is a very symbolic i think. It's going to be companies like bitmain that will be at the cutting edge of chip capacity development in the future. The money is moving there after all.
here is the link https://www.cnbc.com/2018/02/23/secretive-chinese-bitcoin-mining-company-may-have-made-as-much-money-as-nvidia-last-year.htmlmade between 3 and 4 billion dollars in 2017....refuses interviews.....made as much money as Nvidia GPU maker (took them 20 years) and it only took bitmain 4 years.. evil pays: (tm bitmain)
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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