Goodbye Pinidea and Baikal

[thesavoyard]

These two shithead companies that have tried to monopolize the supply of Dash are about to go out of business. Couldn't have happened to more deserving pricks.

https://shop.bitmain.com/productDetail.htm?pid=00020170718203947438V537cuy7067F

[shaninium]

Pinidea r finished , baikal yeah prob but who knows they could pull a new monster hasher out of a hat and learn to compete with real competition.

[sil2222]

Totally agree baikal and their vendors treat us customers like crap. They are so desperate to sell off their shitty 2000mhz giant that they are mass emailing everyone asking 7k LOL. This is what they get for hoarding miners and selling US customers used miners. One of their vendors who would barely answered my emails now has 198 units in stock LOL. It got so aggravating dealing with them glad its over. ordering Baikal miners via SKYPE no more.

[asidamani]

Totally agree baikal and their vendors treat us customers like crap. They are so desperate to sell off their shitty 2000mhz giant that they are mass emailing everyone asking 7k LOL. This is what they get for hoarding miners and selling US customers used miners. One of their vendors who would barely answered my emails now has 198 units in stock LOL. It got so aggravating dealing with them glad its over. ordering Baikal miners via SKYPE no more.

Do you think Bitmain will be better?

[coldfear08]

Totally agree baikal and their vendors treat us customers like crap. They are so desperate to sell off their shitty 2000mhz giant that they are mass emailing everyone asking 7k LOL. This is what they get for hoarding miners and selling US customers used miners. One of their vendors who would barely answered my emails now has 198 units in stock LOL. It got so aggravating dealing with them glad its over. ordering Baikal miners via SKYPE no more.

Do you think Bitmain will be better?

Bitmain atleast sells their miners to the rest of the world unlike baikal.

[gt_addict]

Hopefully the D3 wont have the same issue as the L3 has with drawing too much cureent from one cable.

https://bitcointalk.org/index.php?topic=1667131.40

Page 3, sidehacks comment about the L3 and server psus.

[QuintLeo]

I seriously doubt that Baikal was limiting sales of their miners - they got hit by a huge SPIKE in demand due to the rapid runup in DASH pricing, had their existing stock wiped out, and it takes TIME to get more chips from a foundry - you can't just snap your fingers and have 1 million new chips in a week, you're looking more commonly at MONTHS of lead time even when you're one of the "big boys" like AMD, NVidia, or Intel.

 On the other hand, Baikal needs some SERIOUS work on their customer interface, they DO make it a pain to order their stuff when they have any TO sell.


Pinidea doesn't appear to have sold anything X11 since their first batch of miners, likely due to Baikal blowing them completely out of the water (as well as the first-generation iBelink units), so how are you claiming they were "monopolizing DASH"?



 BTW - you do realise that the Bitmain D3 is only the SECOND most powerful and SECOND most efficient X11 miner to be announced recently (presuming Innosilicon meets specs on the A5, and Bitmain meets specs on the D3 - both have had issues with "overambitious specs" on miners in the past).

[dadesu]

As I can see bitmain and miner d3 is limited only for x11 algo, and baikal is multi algo asic.
Because of that i dont belive baikal is game over
Baikal is now wery wellcome especialy to mine deeponilon x13 coin...

[shaninium]

As I can see bitmain and miner d3 is limited only for x11 algo, and baikal is multi algo asic.
Because of that i dont belive baikal is game over
Baikal is now wery wellcome especialy to mine deeponilon x13 coin...

Your right, baikal will still have a monopoly in x13 quark etc, but there needs to be some decent coins for those algos  to mine.

[Tmdz]

I seriously doubt that Baikal was limiting sales of their miners - they got hit by a huge SPIKE in demand due to the rapid runup in DASH pricing, had their existing stock wiped out, and it takes TIME to get more chips from a foundry - you can't just snap your fingers and have 1 million new chips in a week, you're looking more commonly at MONTHS of lead time even when you're one of the "big boys" like AMD, NVidia, or Intel.

 On the other hand, Baikal needs some SERIOUS work on their customer interface, they DO make it a pain to order their stuff when they have any TO sell.


Pinidea doesn't appear to have sold anything X11 since their first batch of miners, likely due to Baikal blowing them completely out of the water (as well as the first-generation iBelink units), so how are you claiming they were "monopolizing DASH"?



 BTW - you do realise that the Bitmain D3 is only the SECOND most powerful and SECOND most efficient X11 miner to be announced recently (presuming Innosilicon meets specs on the A5, and Bitmain meets specs on the D3 - both have had issues with "overambitious specs" on miners in the past).

Id still rather deal with bitmain.

They sell to the small guy where Innosilicon will only deal with you IF you put down $100k which creates centralized hashrate.

and it seems like Innosilicon doesn't even have a function unit yet but posted specs as fud to hurt the sales of the D3 which actually has firm shipment date.

[thesavoyard]

I seriously doubt that Baikal was limiting sales of their miners - they got hit by a huge SPIKE in demand due to the rapid runup in DASH pricing, had their existing stock wiped out, and it takes TIME to get more chips from a foundry - you can't just snap your fingers and have 1 million new chips in a week, you're looking more commonly at MONTHS of lead time even when you're one of the "big boys" like AMD, NVidia, or Intel.

 On the other hand, Baikal needs some SERIOUS work on their customer interface, they DO make it a pain to order their stuff when they have any TO sell.


Pinidea doesn't appear to have sold anything X11 since their first batch of miners, likely due to Baikal blowing them completely out of the water (as well as the first-generation iBelink units), so how are you claiming they were "monopolizing DASH"?



 BTW - you do realise that the Bitmain D3 is only the SECOND most powerful and SECOND most efficient X11 miner to be announced recently (presuming Innosilicon meets specs on the A5, and Bitmain meets specs on the D3 - both have had issues with "overambitious specs" on miners in the past).

Baikal has not sold outside of China since Dash spiked in March. Time is not the issue. They are mining with them, some Chinese have gotten their hands on new models. Pinidea is sold out as well, they were not driven anywhere. Their miners aren't as good but the ROI was like 30 days so no they weren't out of business. They are monopolizing Dash by restricting the the supply of miners, does it have to be spelled out for you? you can be a fanboy of these crappy ASIC companies, but they still won't be around come fall.

[Herbarium]

I ordered several Baikal units via their Skype channel

always very courteous and nice when interacting with me

antminer getting in on x11? about time!

[sil2222]

Baikal is only nice now. They never answer emails b4,but now oh yes they answer quickly too bad their miners are old school and not worth price anymore. baikal was hoarding miners and only supplying their vendor friends, I personally received a message about 1 month and half ago from a shady vendor who sold to me b4 telling me he had the A+ giant 2000mhs in stock from Baikal he wanted 9600.00 for 1 unit. So Baikal had these miners already and never posted for sale to general public, but now all of the sudden they have vendors showing 500 units in stock and price is being slashes to 5000.00 give me a break. The greed has backfired on them too bad so sad.

[bclcjunkie]

piece of cake for ibelink, bitmain and inno to change their software, no big deal there, question is will those x11 shitcoins survive the massacre?

As I can see bitmain and miner d3 is limited only for x11 algo, and baikal is multi algo asic.
Because of that i dont belive baikal is game over
Baikal is now wery wellcome especialy to mine deeponilon x13 coin...

[couture]

So is everyone selling their baikal cubes now? As they will be wiped out of all profitability? Or are people thinking they might hang on in the x13,14,15 quark and qubit realms?

Might be better just to buy coins on all algos the baikals can mine, sell the hardware and hope for the price of the coins to pump up to match new network hashrate with the absolute shitstorm of new d3/giants/etc etc coming online soon?

[Ayers]

These two shithead companies that have tried to monopolize the supply of Dash are about to go out of business. Couldn't have happened to more deserving pricks.

https://shop.bitmain.com/productDetail.htm?pid=00020170718203947438V537cuy7067F

d3 from bitmain is not the fastest miner, so why you ar elinked that? innosinol is making a even better miner 2x faster than the d3 hashminer, baikal was just a small company can not compete with bitmain which control the bitcoin mining

[thesavoyard]

These two shithead companies that have tried to monopolize the supply of Dash are about to go out of business. Couldn't have happened to more deserving pricks.

https://shop.bitmain.com/productDetail.htm?pid=00020170718203947438V537cuy7067F

d3 from bitmain is not the fastest miner, so why you ar elinked that? innosinol is making a even better miner 2x faster than the d3 hashminer, baikal was just a small company can not compete with bitmain which control the bitcoin mining

If they can come out with their miner with the speeds and consumption they promise, which they won't. They still charge $13,000 for double the hash rate of a $2,700 miner. Why wouldn't I buy 5 D3 for that price?

[QuintLeo]

I seriously doubt that Baikal was limiting sales of their miners - they got hit by a huge SPIKE in demand due to the rapid runup in DASH pricing, had their existing stock wiped out, and it takes TIME to get more chips from a foundry - you can't just snap your fingers and have 1 million new chips in a week, you're looking more commonly at MONTHS of lead time even when you're one of the "big boys" like AMD, NVidia, or Intel.

 On the other hand, Baikal needs some SERIOUS work on their customer interface, they DO make it a pain to order their stuff when they have any TO sell.


Pinidea doesn't appear to have sold anything X11 since their first batch of miners, likely due to Baikal blowing them completely out of the water (as well as the first-generation iBelink units), so how are you claiming they were "monopolizing DASH"?



 BTW - you do realise that the Bitmain D3 is only the SECOND most powerful and SECOND most efficient X11 miner to be announced recently (presuming Innosilicon meets specs on the A5, and Bitmain meets specs on the D3 - both have had issues with "overambitious specs" on miners in the past).

Baikal has not sold outside of China since Dash spiked in March. Time is not the issue. They are mining with them, some Chinese have gotten their hands on new models. Pinidea is sold out as well, they were not driven anywhere. Their miners aren't as good but the ROI was like 30 days so no they weren't out of business. They are monopolizing Dash by restricting the the supply of miners, does it have to be spelled out for you? you can be a fanboy of these crappy ASIC companies, but they still won't be around come fall.

 Pinidea has been "sold out" for well over a YEAR now, with no sign they will ever have anything for sale again to date.

 Why do you keep ASSUMING they are "restricting the supply of miners"?
 Why do you ASSUME (falsely given more than a few comments about much more RECENT Baikals aquired by quite a few folks) they haven't sold "outside of China since Dash spiked in March"?
 Just because I have a REALISTIC knowlage of how getting chips works AND HOW LONG IT TAKES TO DO SO does not make me a "fanboy".

 You on the other hand seem to need a tinfoil hat to go with your ridiculous conspiracy theory.



 I suspect the Baikal cubes will remain profitable on X11 for quite a while, though it might drop for them compared to the alternatives they can ALSO mine.


 It takes a LOT more than a "change of software" to add X13 and X15 to an X11 ASIC miner, you have to design the ASIC *ITSELF* to support the additional steps those other algos add to the X11 algo.

[thesavoyard]

Sure, that's why they suddenly have 500 in stock and are trying to unload them. Clearly, you lack some critical thought skills, so you have to fall back on an ad hominem and call me a conspiracy theorist. I'm not going to do your research for you. It's evident to anyone who's not uninformed that they have been selling domestically.

Oh, and you're completely full of crap on Pinidea. I was in the process of ordering in late March when I was in the hospital when they sold the last unit and told me too bad.

I worked for Novellus building annealing machines for Intel, don't preach to me about how long chips take to manufacture because clearly, you don't know.

[Bare]

and this whole thread is why asic mining is absolute cancer, centralization at its finest, gpu all the way