CarrollFilms
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Activity: 156
Merit: 100
Can I eat a Bitcoin?
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January 17, 2018, 06:27:29 AM |
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I'm not understanding the algorithm that it uses, can anyone find much information about it?
Sai Coin is the main thing you'd be mining on this algo I think ZEC, Zash. I lookup a profit calculator, it was $ 83 per month. Not good for $ 2400 machine.. Pass Zcash is Equihash. You're not going to have much luck on this miner. It'd be a giant $2,000 paper weight |
Back in my day Bitcoin used to cost $69
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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Tssar
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Activity: 120
Merit: 10
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January 17, 2018, 06:29:48 AM |
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will not go for it. I got my D3 from the first batch and the roi was crap! complete disaster! this is one coin that you will be mining
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cloh76
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January 17, 2018, 06:29:56 AM |
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So anyone else see the issue that this can only mine Siacoin (SC)? Even a small batch would decrease the profitability of mining SC by 60-80% given the current global hashrate.
Current profit approx 1400$/month.
So we are looking at approx 560-700$/month in profit on a 2375$ machine after they are all up and running. A 4 1/2 month or so ROI, not great, not bad either...
Thoughts?
I think you have your inputs wrong on the profitability calculator. At current rates, its $489 per day, $3400 per week, and $14,000 per month. That will dramatically drop though as soon as the first batch is shipped and added to the overall hashrate |
[ BTC Donations: 13RNJdT72WEd1FsT3CwdJ6jy9NAa7Hsb54 ]
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thebigjdoe
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Activity: 78
Merit: 10
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January 17, 2018, 06:30:23 AM |
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will not go for it. I got my D3 from the first batch and the roi was crap! complete disaster! this is one coin that you will be mining
Did you plug in the day you got it? |
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kenji (OP)
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January 17, 2018, 06:37:27 AM |
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Oh yikes, looks like global hashrate for Blake(2b) is around 627.58 TH/s (at this moment). It would only take 770 AntMiner A3s to double the global hashrate. Looks like this is going to be another AntMiner D3 situation.
I was hoping their next machine they released would have been a more efficient L3+ or S9 - even if it wouldn't be for a while - but instead we get a D3 2.0 lol. will not go for it. I got my D3 from the first batch and the roi was crap! complete disaster! this is one coin that you will be mining Yeah it's a bit ridiculous... |
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tuaris
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January 17, 2018, 06:45:04 AM |
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And... it's sold out. I wonder how many where made available.
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Vivian Joshe
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Activity: 98
Merit: 0
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January 17, 2018, 06:48:05 AM |
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already sold out  |
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CarrollFilms
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Activity: 156
Merit: 100
Can I eat a Bitcoin?
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January 17, 2018, 06:50:30 AM |
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Sucks to be the poor sods who wasted money on these soon to be giant paper weights
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Back in my day Bitcoin used to cost $69
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Tssar
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Activity: 120
Merit: 10
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January 17, 2018, 06:54:47 AM |
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if they sold out 200 units. it will be a jackpot for those who ordered the machines......I didn't expect them to be sold out that fast either people are crazy or the quantity is limited......
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doge94
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January 17, 2018, 06:55:24 AM |
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Just got one  |
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Tssar
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January 17, 2018, 06:58:54 AM |
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Just got one congratulations do you think it is profitable? |
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minertwenty49er
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Merit: 0
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January 17, 2018, 07:03:04 AM |
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5 day roi , so looks like this was goldmine for first batch and paper weight once the batches gets turned on in a few weeks..
the issue I see is mining this SC coin .. where to even mine? are there pools? do they reward in SC and you have to get to an exchange to get BTC out of it, etc
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Tssar
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Activity: 120
Merit: 10
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January 17, 2018, 07:11:11 AM |
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very good one!! they have sold so fare 1500 units.... |
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Peke
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Activity: 117
Merit: 14
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January 17, 2018, 07:12:24 AM |
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Please stop already, lol. So difficulty will atleast triple quadruple when all these are online? Hopefully they'll not sell more than 2000 units. |
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Tssar
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Activity: 120
Merit: 10
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January 17, 2018, 07:14:26 AM |
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Whattomine show sia at $431 per day with network rate a 650TH/s. So if they release 500+ of these would go down to ~ $200/day right? Not sure about rollout of this or obelisk, but calculators show money in first few months before power goes crazy. sialytics.com profit estimator shows stupid money.
just curious where the estimate of 500 units comes from. I have no idea how many they would have so just wondering they released 1500 units it is going to be worse than that! |
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BeerMan81
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January 17, 2018, 07:14:49 AM |
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Please stop already, lol. So difficulty will atleast triple quadruple when all these are online? Hopefully they'll not sell more than 2000 units. 1700 |
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minertwenty49er
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January 17, 2018, 07:15:03 AM |
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if you mine this coin, how do you convert it to BTC?
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c-none
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January 17, 2018, 07:15:57 AM |
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Got one now and paid. Crossed my fingers about diff issues and I hope Bitmain will make an execuse for that D3 issues with A3 |
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Peke
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Activity: 117
Merit: 14
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January 17, 2018, 07:17:25 AM |
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1700
Yeah and sales are still on. Soon we're f****d |
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