Checked your vid and other vids on the D3,
And unfortunately I have to agree with you, X11 is doomed, not sure why they did it this way, S9's are still profitable (although they had bad months too, like very bad ones), L3+'s are as well , but D3... they just spammed everything, it like they want to "kill X11" by overloading it with hashrate.
At this moment I'd stay away from X11 (I have 2 of them from the first batch, and I regret it, really, the ROI will be like never), and i'm not even converting back to BTC.
The only way for this to keep being profitable, IMHO, would be if all X11 coins went up in value like 8x, but yet again, baikals will be right around the corner, innosillicon will deliver their A5's, and we still have the iBelinks.
The future is really looking grim for X11.
But the main problem is also the increase of miner speeds , it was insane, totally insane!
Completely agree with you. At this rate people will be shutting off their 1 month old (potentially) miner due to it costing more to run than it makes. This is an event that will be referenced for a long time unfortunately lol
Seems like the second batch has the best ROI factor, I paid almost 3 grand with shipping and import tax and I don’t think I made 1200 in the 3-4 weeks I had it. First couple days were nice but it quickly plummeted into the 35-40 dollar range... which is x4 daily profit as of today?!