[NEW] Bitmain Announces Antminer A3

[c-none]

1700

Yeah and sales are still on. Soon we're f****d

I'm okay even the monthly profit is 2k usd lol

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[vegascoinpool]

What a cluster... this difficulty is gonna go through the roof and its the only coin you can apparently mine on this machine right now. And eBay is already off the charts.

Wow.

[Tssar]

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

maybe they will issue B3+ after A3 and D3....like that you will claim ABC bitmain mania :-)
they just released a new batch the sales are as for the difficulty.....in 15 days

[minertwenty49er]

not sure why purchase to mine a coin that when you go to exchanges to see info they have this posted ( also currently cannot exchange even with shapeshift)

   SC is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the SC team. Any updates must be tested and audited before enabling.

If this miner only deals with SC seems extremely risky?

[c-none]

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

maybe they will issue B3+ after A3 and D3....like that you will claim ABC bitmain mania :-)
they just released a new batch the sales are as for the difficulty.....in 15 days

Even the diff goes 5x the profit will be more than 2.5k usd which is OK for me

[SkyLakeMine]

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

Pools seem to be Nanopool and Siamining
https://siamining.com/
https://nanopool.org/

[CarrollFilms]

You'll make more money re-selling this on eBay than you will mining with it.

I guarantee it

[XE14]

I've built a profit simulator for SIACOIN mining as I am was interested in purchasing Obelisk miners.

So, I modified datas to fit with this Asic and here we go:
(figures are slightly lowered because simulation was since June and included a decreased block reward as it's stated in SC source code.

Future price : $0.05
Electricity price : 0.18$
% remaining GPU miners (conservative IMO) : 10%
Pool fees : 2%
Investment : 2979$ (A3+PSU+import taxes

If qty sold is : 5000
Net daily reward : 164.21$
Net monthly reward : 4926.24$
ROI : 18.14 days

If qty sold is : 10000
Net daily reward : 82.10$
Net monthly reward : 2463.06$
ROI : 36.28 days

ROI is directly correlated to sia price, so if it reaches 0.10ct, ROI is 9 days for 5k sold, 18 days for 10k sold.

[vegascoinpool]

You'll make more money re-selling this on eBay than you will mining with it.

I guarantee it

They're already selling on eBay for $5-10k

[thebigjdoe]

I've built a profit simulator for SIACOIN mining as I am was interested in purchasing Obelisk miners.

So, I modified datas to fit with this Asic and here we go:
(figures are slightly lowered because simulation was since June and included a decreased block reward as it's stated in SC source code.

Future price : $0.05
Electricity price : 0.18$
% remaining GPU miners (conservative IMO) : 10%
Pool fees : 2%
Investment : 2979$ (A3+PSU+import taxes

If qty sold is : 5000
Net daily reward : 164.21$
Net monthly reward : 4926.24$
ROI : 18.14 days

If qty sold is : 10000
Net daily reward : 82.10$
Net monthly reward : 2463.06$
ROI : 36.28 days

ROI is directly correlated to sia price, so if it reaches 0.10ct, ROI is 9 days for 5k sold, 18 days for 10k sold.

Nice, might take a bit for the GPU miners to drop off.  A lot of them are dual mining.

Also, do you sell off your sia coins right away or hold and hope for price to spike... hhmmm

[Tristan1337]

Nice! I'm buying a few. We'll see if it actually ships in 10 days. 

Also, there is the potential that price will increase in the next few months, due to the difficulty rise this will create.  

[BeerMan81]

i'm wondering if i should be buying these coins now...

[zazka]

From https://www.blocktrail.com/BCC/address/1NrMNvxsDwsQ9DA4styegmTue9tPPsV9bg
Currently 1800 miners sold, let's say they will sell 3000:
3000*0.85GH/s = 2550TH/s
Current diff  is 930 TH/s
2550 + 930 = 3480 TH/s
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&d_enabled=true&d=3.475254222013053e%2B18&p=1300.0&fee=1.0&cost=0.16&hcost=3000.0&commit=Calculate
This gives 135$ per day

[CarrollFilms]

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

[CarrollFilms]

From https://www.blocktrail.com/BCC/address/1NrMNvxsDwsQ9DA4styegmTue9tPPsV9bg
Currently 1800 miners sold, let's say they will sell 3000:
3000*0.85GH/s = 2550TH/s
Current diff  is 930 TH/s
2550 + 930 = 3480 TH/s
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&d_enabled=true&d=3.475254222013053e%2B18&p=1300.0&fee=1.0&cost=0.16&hcost=3000.0&commit=Calculate
This gives 135$ per day

Not for long they won't.

Did you ever see what happened to DASH coin once all the D3 miners hit the farms?

[Tristan1337]

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

Yes, initially price may drop due to the large influx of coins. I would wait and see what happens first.

[CarrollFilms]

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

Yes, initially price may drop due to the large influx of coins. I would wait and see what happens first.

Somebody get the popcorn ready for this shit show

[JoshFam]

Should I convert my btc to bch to buy this? I barely have enough

[lashatatu]

so here is a thing now difficulty is 933,520,449,715,105,000.000 and network hashrate is 600th

if they sell 100K units network hashrate will be 85000th=85ph

to know difficulty of that 85ph we need to divide that number to current hashrate and multiply to current difficulty

so 85000/600=142   142*933,520,449,715,105,000.000=1.325599e+20 if we add this number to calculator we will get those numbers

keep in mind that bitmain sold around 150-200k D3 it wont be different for this miner too

[vegascoinpool]

Somebody get the popcorn ready for this shit show

LOL