Is it true Baikal releasing a massive GHs miner

[NoxX]

The ROI at the moment is literally 44 days on the Baikal. Who knows what it is in a month...let alone two or three.

HAHAHAHAH 44 days  . Do you work for BAIKAL?

Lol, not sure where the 44 days come from. Even Nicehash's calculator, which is based on past 30 days profitability says something like 120 days for 2GH at $4000.

At $4000 this thing will never ROI. At $2000 it might just about make it's price back. At $1000 I would buy a few 

I think you are looking in the wrong places. And using the wrong calculator.

I ordered two and they arrive on Monday. Mine are bought from mining profits in DASH.

LARPing about buying and actually doing it are two different things. If I had procrastinated and made excuses last year I would have never bought Quads. There were plenty of 'Nicehash' calculations then too suggesting that I couldn't make money.

Enlighten me then, what do you plan on mining with the Giant+?

I will help you if you want. How about Deep Onion for a start? I am not kidding.

You don't make money mining coins to sell at today's prices into the market and follow the hash down. A big producer might do this, but intuitive mining is far better.

If you are looking for gold deposits after the market for gold has boomed, you are making a substandard investment.

Having said that, I will probably mine DASH to get the actual coins as the price fluctuates up...or if it goes down I sell what is going up to buy good coins for the future.

Happy to elaborate if you are not trolling, or PM me if you decide to buy. 

I'm not trolling, but what you are suggesting is highly speculative. Yes, DeepOnion might take off, yes, Dash prices might increase etc., but the opposite could also be true.

When talking about ROI, I am talking about guaranteed (as far as that is possible) ROI, I want to know that after X months I have my money back, not after X months I have a bunch of coins that might or might not be worth something in the future.

Not saying your way is wrong, it's just a different philosophy...

Crypto is highly speculative. Turning on the miners and expecting a set piece profit is not a reality.

However, when all that X11 gets turned on, there will be tears. This is the scenario that you describe.

The Baikal miner has 5 more algos to choose from after that.

There are always more coins. Mine them and sell into the market when the price is right to buy what you want when it drops.

A linear view of ROI against an uncertain risk profile will always mean you will not invest.

Yeah, I see where you're coming from. Of course there is always uncertainty. But that doesn't mean any price for a miner is justified.

Quad-CUBEs were $3200 for 1.2GH, and that was months ago. Baikal then offered the Giant+ for $7000 for 2GH, which was laughable. They now slashed that to $4000, but even that is barely lower than the Quad-CUBEs in terms of $/GH. And as I said that was months ago. Miner value depreciates very quickly, especially when other companies release competitor products (yes, only one of the algos, but the biggest one).

That's why I said, at $2000 for a Giant+ I would begin to consider it, and at $1000 I would consider it a great deal... 

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[Steven3iii]

The ROI at the moment is literally 44 days on the Baikal. Who knows what it is in a month...let alone two or three.

HAHAHAHAH 44 days  . Do you work for BAIKAL?

Lol, not sure where the 44 days come from. Even Nicehash's calculator, which is based on past 30 days profitability says something like 120 days for 2GH at $4000.

At $4000 this thing will never ROI. At $2000 it might just about make it's price back. At $1000 I would buy a few 

I think you are looking in the wrong places. And using the wrong calculator.

I ordered two and they arrive on Monday. Mine are bought from mining profits in DASH.

LARPing about buying and actually doing it are two different things. If I had procrastinated and made excuses last year I would have never bought Quads. There were plenty of 'Nicehash' calculations then too suggesting that I couldn't make money.

Enlighten me then, what do you plan on mining with the Giant+?

I will help you if you want. How about Deep Onion for a start? I am not kidding.

You don't make money mining coins to sell at today's prices into the market and follow the hash down. A big producer might do this, but intuitive mining is far better.

If you are looking for gold deposits after the market for gold has boomed, you are making a substandard investment.

Having said that, I will probably mine DASH to get the actual coins as the price fluctuates up...or if it goes down I sell what is going up to buy good coins for the future.

Happy to elaborate if you are not trolling, or PM me if you decide to buy. 

I'm not trolling, but what you are suggesting is highly speculative. Yes, DeepOnion might take off, yes, Dash prices might increase etc., but the opposite could also be true.

When talking about ROI, I am talking about guaranteed (as far as that is possible) ROI, I want to know that after X months I have my money back, not after X months I have a bunch of coins that might or might not be worth something in the future.

Not saying your way is wrong, it's just a different philosophy...

Crypto is highly speculative. Turning on the miners and expecting a set piece profit is not a reality.

However, when all that X11 gets turned on, there will be tears. This is the scenario that you describe.

The Baikal miner has 5 more algos to choose from after that.

There are always more coins. Mine them and sell into the market when the price is right to buy what you want when it drops.

A linear view of ROI against an uncertain risk profile will always mean you will not invest.

Yeah, I see where you're coming from. Of course there is always uncertainty. But that doesn't mean any price for a miner is justified.

Quad-CUBEs were $3200 for 1.2GH, and that was months ago. Baikal then offered the Giant+ for $7000 for 2GH, which was laughable. They now slashed that to $4000, but even that is barely lower than the Quad-CUBEs in terms of $/GH. And as I said that was months ago. Miner value depreciates very quickly, especially when other companies release competitor products (yes, only one of the algos, but the biggest one).

That's why I said, at $2000 for a Giant+ I would begin to consider it, and at $1000 I would consider it a great deal... 

I like you NoxX. Get some miners. They will never be the price of Quads again.

By the way, I bought my Quads for $2000 each. I was getting a dash per day for a while with 2 Quads and a mini.

Unless that mined Crypto becomes Fiat (AUD for me) it is not real. So paying Baikal for miners in rl in funny money (DASH) is just that.

[kritment]

I'm going to gloat over the death of Baikal. They suck so much. They cannot increase their mining speed 10x, they do not have the tech.

I agree with you mate! Duck them...
They want to play in their elite club, go for it. Let bitmain kill them!

[Undermood]

DIY mining rigs are more profitable then Baikal Asics.
After mining is not profitable you can play games and sell them easyly.
Make your own rig dude.

[cuteman]

anybody succeeded in mining with Baikal?     Dash difficulty increased a lot! 

[Steven3iii]

anybody succeeded in mining with Baikal?     Dash difficulty increased a lot! 

It is still happening for me, but I am way down the road of speculative mining. I am also looking forward to the next Baikal. 

Think x13 and quark. Profits still to be found in X11 if you don't follow the crowd.

[cuteman]

anybody succeeded in mining with Baikal?     Dash difficulty increased a lot! 

It is still happening for me, but I am way down the road of speculative mining. I am also looking forward to the next Baikal. 

Think x13 and quark. Profits still to be found in X11 if you don't follow the crowd.

x13 is for GPUs?  or asics

[NoxX]

anybody succeeded in mining with Baikal?     Dash difficulty increased a lot! 

It is still happening for me, but I am way down the road of speculative mining. I am also looking forward to the next Baikal. 

Think x13 and quark. Profits still to be found in X11 if you don't follow the crowd.

x13 is for GPUs?  or asics

X13 is Baikal ASICs. I don't think any other ASIC can do X13, but some people have speculated that since X11 and X13 are similar it might be possible for some X11 miners to get X13 support via a firmware upgrade at some point.

[24core]

I can see a possibility of Baikal working on and releasing a "next generation" miner - but they're behind the curve at this point, they are going to have to come out with something VERY impressive on efficiency or they are going to have to compete on price a LOT better than they have been.

I remember one time I saw a INNOSILICON A5 Dash Miner (They go up to 30GH) in person and I have to say it was a beast.  You could quickly mine dash with one but they are very hard to find. If you are just starting to mine I recommend GPU mining or starting with a smaller miner.

[QuintLeo]

anybody succeeded in mining with Baikal?     Dash difficulty increased a lot! 

It is still happening for me, but I am way down the road of speculative mining. I am also looking forward to the next Baikal. 

Think x13 and quark. Profits still to be found in X11 if you don't follow the crowd.

x13 is for GPUs?  or asics

X13 is Baikal ASICs. I don't think any other ASIC can do X13, but some people have speculated that since X11 and X13 are similar it might be possible for some X11 miners to get X13 support via a firmware upgrade at some point.

 X13 INCLUDES the 11 algorithms of X11 - plus 2 more.
 X15 is also similar - take X13 and add 2 MORE algorithms.

 The only reason the Bailkal can do all 3 is that it was designed to do X15 from the start - I doubt most of the other X11 miners include the other needed algorithms, it's NOT just a "firmware" upgrade if they don't it's a "need a new ASIC chip".

[QuintLeo]

I can see a possibility of Baikal working on and releasing a "next generation" miner - but they're behind the curve at this point, they are going to have to come out with something VERY impressive on efficiency or they are going to have to compete on price a LOT better than they have been.

I remember one time I saw a INNOSILICON A5 Dash Miner (They go up to 30GH) in person and I have to say it was a beast.  You could quickly mine dash with one but they are very hard to find. If you are just starting to mine I recommend GPU mining or starting with a smaller miner.

 Neat trick since Innosilicon is not shipping the A5 yet (though I think they have a video of a PROTOTYPE floating around somewhere).

[cuteman]

I remember one time I saw a INNOSILICON A5 Dash Miner (They go up to 30GH) in person and I have to say it was a beast.  You could quickly mine dash with one but they are very hard to find. If you are just starting to mine I recommend GPU mining or starting with a smaller miner.

 Neat trick since Innosilicon is not shipping the A5 yet (though I think they have a video of a PROTOTYPE floating around somewhere).

yes, they announced it simutaneously with Bitmain - not to be left behind, but did not manage to ship to the buyers on promised dates.

And Bitmain shipped earlier as expected.

[SejioSenkilos]

i bought 2x IBeLink DM22Gh X11 for 3800$ each and i dont care about that baikal sh**t