Happy New Years! Seventh alt coin thread!

[QuintLeo]

Well The excavator miner from nicehash switches really, really fast.  They explained how it works, it has drawbacks too but its pretty good software.

Did excavator ever get upgraded to be competative with recent ewbf/dstm/bminer versions?
Last I can remember it was quite a bit behind the "performance" curve.

[1714892376]

1714892376

[citronick]

GPU mining just got harder...

========
Dear subscriber,

We are proud and happy to announce that we are launching the all-new Antminer X3, a new Antminer model for mining cryptocurrencies based on the hashing algorithm CryptoNight.

The Antminer X3 delivers a minmum hashrate of 220KH/s while consuming 550W of total power.

To prevent hoarding by certain users or resellers and to ensure that more individual miners in different time zones around the world are able to order this new ASIC miner, we have made some changes:

There is a limit of one miner per user for all orders in the current (two) batches.
We will release both these batches with an equal stock thrice today: at 3PM, 6pm and 9PM (15 March, GMT+8).
Click below to learn the price or to order after the scheduled time of launch:

Regards,

The Bitmain team
=========

[Prelude]

GPU mining just got harder...

========
Dear subscriber,

We are proud and happy to announce that we are launching the all-new Antminer X3, a new Antminer model for mining cryptocurrencies based on the hashing algorithm CryptoNight.

The Antminer X3 delivers a minmum hashrate of 220KH/s while consuming 550W of total power.

To prevent hoarding by certain users or resellers and to ensure that more individual miners in different time zones around the world are able to order this new ASIC miner, we have made some changes:

There is a limit of one miner per user for all orders in the current (two) batches.
We will release both these batches with an equal stock thrice today: at 3PM, 6pm and 9PM (15 March, GMT+8).
Click below to learn the price or to order after the scheduled time of launch:

Regards,

The Bitmain team
=========

Doesn't matter in the slightest. The cryptonight coins worth mining are switching algos, these things are paperweights like baikals miners. Why do you think bitmain and baikal are dumping these on the masses as soon as monero dev announced algo change?

2. There are financial risks associated with mining cryptocurrencies. These risks can be related to changes in exchange rate of the cryptocurrency or to changes in the algorithm that is used to mine the cryptocurrency. Please deliberate well before making a purchase because we will not accept any requests for refund for orders of this batch.

[QuintLeo]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

[Mashy81]

I am expecting the network hashrate to significantly drop when xmr forks. The hash rate of xmr has quadrupled in the last few months how much of this was these asics??
Surely people are not stupid enough to buy these cryptonight asics

[Prelude]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

[philipma1957]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

hold onto your 1080ti's

they are 11gb

maybe  that would be good for next algo.

if the next algo allows for only 10gb of ram the 1080ti's could go to the moon.

[Prelude]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

hold onto your 1080ti's

they are 11gb

maybe  that would be good for next algo.

if the next algo allows for only 10gb of ram the 1080ti's could go to the moon.

Don't think they'll change memory requirements, that's not needed to thwart these ASICs. Just a simple change in the maths is all that's needed to ruin these.

Monero dev is all about decentralization, don't think they'd limit who can participate in the network to only a few 10GB+ cards. (1080Tis, Titans, and Vega Frontier Editions)

[Marvell2]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

[Prelude]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

They're 100% dumb, but I doubt they miscalculated. They have been able to mine YUGE sums of money with these in the last months. They have for sure covered their R&D and production costs on these ASICs. Their cash cow is now dead, so they try pass these on to us.

ASIC companies are absolutely, 100% of the time bad actors. Does that mean you can't make money with some ASICs? No. But when they decide to sell ASICs to the public, they have calculated that they've been milked as much as possible and then throw us the scraps to make even more money off of our backs.

Fuck ASICs, and fuck bitmain in baikal in particular.

[Marvell2]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

They're 100% dumb, but I doubt they miscalculated. They have been able to mine YUGE sums of money with these in the last months. They have for sure covered their R&D and production costs on these ASICs. Their cash cow is now dead, so they try pass these on to us.

ASIC companies are absolutely, 100% of the time bad actors. Does that mean you can't make money with some ASICs? No. But when they decide to sell ASICs to the public, they have calculated that they've been milked as much as possible and then throw us the scraps to make even more money off of our backs.

Fuck ASICs, and fuck bitmain in baikal in particular.

yeah I only have a few asics and after this im resolved to stop feeding the pig
Im out , idgaf how much they claim we can make Im onky buying gpus , every dev out there
needs to fork the fk out of thier coins to get them out of the business of dumping used gear on the masses

keep your useless toastes baikal and bitmain and fuck off

[Prelude]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

They're 100% dumb, but I doubt they miscalculated. They have been able to mine YUGE sums of money with these in the last months. They have for sure covered their R&D and production costs on these ASICs. Their cash cow is now dead, so they try pass these on to us.

ASIC companies are absolutely, 100% of the time bad actors. Does that mean you can't make money with some ASICs? No. But when they decide to sell ASICs to the public, they have calculated that they've been milked as much as possible and then throw us the scraps to make even more money off of our backs.

Fuck ASICs, and fuck bitmain in baikal in particular.

yeah I only have a few asics and after this im resolved to stop feeding the pig
Im out , idgaf how much they claim we can make Im onky buying gpus , every dev out there
needs to fork the fk out of thier coins to get them out of the business of dumping used gear on the masses

keep your useless toastes baikal and bitmain and fuck off

Same here. My Titan is on life support, after I pull it's plug I'll have rid myself of all my ASICs. Only decentralized GPU minable coins for this guy from here on out.

Hopefully Monero inspires other coin devs to shove a cylindrical cheese grater up bitmain & companies assholes.

[philipma1957]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

They're 100% dumb, but I doubt they miscalculated. They have been able to mine YUGE sums of money with these in the last months. They have for sure covered their R&D and production costs on these ASICs. Their cash cow is now dead, so they try pass these on to us.

ASIC companies are absolutely, 100% of the time bad actors. Does that mean you can't make money with some ASICs? No. But when they decide to sell ASICs to the public, they have calculated that they've been milked as much as possible and then throw us the scraps to make even more money off of our backs.

Fuck ASICs, and fuck bitmain in baikal in particular.

yeah I only have a few asics and after this im resolved to stop feeding the pig
Im out , idgaf how much they claim we can make Im onky buying gpus , every dev out there
needs to fork the fk out of thier coins to get them out of the business of dumping used gear on the masses

keep your useless toastes baikal and bitmain and fuck off

Same here. My Titan is on life support, after I pull it's plug I'll have rid myself of all my ASICs. Only decentralized GPU minable coins for this guy from here on out.

Hopefully Monero inspires other coin devs to shove a cylindrical cheese grater up bitmain & companies assholes.

 any small to middle guy should side with gpu's
Basically my single biggest problem with asic's = real warranties

with the solar array I can fix power cost to always make some money unless the gear breaks.

An evga 1080ti with a 3 year warranty = a certain profit

an asic with a 90 day shit warranty = certain uncertainty

[d57heinz]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

I hope this is the info people needed.  I’ve been saying bitmain is bad actor since s5 sales.  Most people don’t like to admit when their wrong.  But those who don’t see this coming is also not good for this space.  Maybe is time to go back and read thru some old threads when people defended bitmain with every word they spoke.  Once there was a time in crypto when we were proactive not reactive.  I miss those times

[philipma1957]

They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.

Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

I hope this is the info people needed.  I’ve been saying bitmain is bad actor since s5 sales.  Most people don’t like to admit when their wrong.  But those who don’t see this coming is also not good for this space.  Maybe is time to go back and read thru some old threads when people defended bitmain with every word they spoke.  Once there was a time in crypto when we were proactive not reactive.  I miss those times

I used to like bitmain did a lot of purchases from them. As time went on I see them as simply too big and as too greedy.  Once in a while I still think they have a master plan but reality is that plan does not include me.

We are in very turbulent times. For crypto coins .

If all coins die but BTC and BCH it will mean only really big owners of gear and all of us in the small to medium mines will be out of the game.

Hobby -------- will stay around
Small --------- will die
Medium ------- will die
Large ---------- may merge into Huge
Huge ----------  3 to 5 companies
Massive -------  1 to 2 companies

I am in the small size not the medium  I am over 10k and under 100k total   gear coin cash

My hope is rolling algo's for multiple coins

 a zec that changes algos
 a monero that changes algos

this keeps gpus alive.
gpu miners need understand that 110% tdp and lots of rmas hurt  the go mining indsutry as gpu companies have no interest in dealing with 2x 3x or 4x the rma rates

I will continue to hold me last 24 1080ti's
I will not load up on asics I have 6 or 7 from sidekick and 8 from jestanop all usb sticks.
I will still get the 1 dragon mint
I will still get the bitmain L3+
I may get a few avalon's as I hope they will become leaders in servicing their gear.

Oh I am going to be doing a new thread.

I have the two identical omen dual 1080ti pc's
I will be doing software tests as with 2 identical machines I can fairly compare zec programs

1st test will be
bminer 5.5
dstm 6.0

[citronick]

https://twitter.com/fluffypony/status/974182821437825024

Monero's lead developer fluffypony replying to Bitmain's X3 announcement.

Imagine that... Monero openly saying X3 wont work mining Monero.... what a slap in the face.

[arielbit]

https://twitter.com/fluffypony/status/974182821437825024

Monero's lead developer fluffypony replying to Bitmain's X3 announcement.

Imagine that... Monero openly saying X3 wont work mining Monero.... what a slap in the face.

any info about the new monero algo? will it still be cpu friendly? favors AMD or NVIDIA?

[dlezama]

People keep saying "bitmain mines with them for months before releasing them". In the case of Sia, someone said bitmain "clearly" mined for 45 days before releasing. I was there looking when Sia ASICs came out, I can for sure say that bitmain didn't mine a single day before shipping them, ASIC introduction is obvious in a small coin like Sia.

Now in the case of Monero, the entire network today is equivalent to about 4000 X3s. Clearly there is no room there for bitmain to have been "mining with the X3s for months".

I'm not saying bitmain is not evil, but I'm tired of people accusing them of them stealing babies and killing kitties.

[Marvell2]

People keep saying "bitmain mines with them for months before releasing them". In the case of Sia, someone said bitmain "clearly" mined for 45 days before releasing. I was there looking when Sia ASICs came out, I can for sure say that bitmain didn't mine a single day before shipping them, ASIC introduction is obvious in a small coin like Sia.

Now in the case of Monero, the entire network today is equivalent to about 4000 X3s. Clearly there is no room there for bitmain to have been "mining with the X3s for months".

I'm not saying bitmain is not evil, but I'm tired of people accusing them of them stealing babies and killing kitties.

u have to know these chips have been running in some form or another in bitmains ‘testing’ enviroment for months now lol, no one is that naive, well at least i hope not.  Same with sia and x11 idgf what the network hash rate is after they open the floodgates.

all these coins have seen a steady rise in hash and decline in profitability months before bitmain magically announces thier sale. 

The magician has finally come out from behind the curtain but you are still falling for the illusions Dorothy

[rdluffy]

Here in this topic you guys have a lot of experience and love in cryptos, maybe this is the time to boycott Asics, like said in this topic: Only decentralized GPU minable coins for this guy from here on out

If we really believe in decentralization we should stop buying Asics, stop buying coins that allow asics and support devs, coins and algos that are against asics
If we just sit and watch we'll lose everything and only big farms will exist
Totally against the core of cryptos
We are not different than bankers and government