Bitmain Antminer A3 earning $500 a day mining SIAcoin . .WHAT?! Results & Stats

[ltcsprite]

Mining now with an A3 sucks balls, 1500-1600 SC per day, $30 bucks basically. Hard to justify the price, hard to even reach break even.

One would need to really believe Siacoin will appreciate A LOT.

every time I login to this place I read something even more stupid than the previous time

thanks jabchest.

[MickDaster]

Mining now with an A3 sucks balls, 1500-1600 SC per day, $30 bucks basically. Hard to justify the price, hard to even reach break even.

One would need to really believe Siacoin will appreciate A LOT.

why would be 30$ a day bad? its really good income if you ask me

[baga105]

Mining now with an A3 sucks balls, 1500-1600 SC per day, $30 bucks basically. Hard to justify the price, hard to even reach break even.

One would need to really believe Siacoin will appreciate A LOT.

why would be 30$ a day bad? its really good income if you ask me

Wait for next batch.. It will be 12-15$ per day, just like with GPUs

[dnssandbox]

Look at This.... impressive!
I thought I was doing well.

Could this be Bitmain or just a Farm?
I would think Bitmain would be on Antpool, no? but i wouldn't put it past them to put some of their machines on other pools.
I also noticed that some of the machines have started going offline.

https://siamining.com/addresses/3129af8708ad287e11efe38fbec00df8ff475edb038b2a44c149c70aa474ea5bb025df81b8ae

[MickDaster]

Mining now with an A3 sucks balls, 1500-1600 SC per day, $30 bucks basically. Hard to justify the price, hard to even reach break even.

One would need to really believe Siacoin will appreciate A LOT.

why would be 30$ a day bad? its really good income if you ask me

Wait for next batch.. It will be 12-15$ per day, just like with GPUs

its still good eventually they will become obsolete like any other machinery

[klwolf2000]

Look at This.... impressive!
I thought I was doing well.

Could this be Bitmain or just a Farm?
I would think Bitmain would be on Antpool, no? but i wouldn't put it past them to put some of their machines on other pools.
I also noticed that some of the machines have started going offline.

https://siamining.com/addresses/3129af8708ad287e11efe38fbec00df8ff475edb038b2a44c149c70aa474ea5bb025df81b8ae

I also wondered the same thing. I know Bitmain created their own pool but it would make sense to keep the bulk of your hashing power on sia's pool to keep them from forking the coin considering this single miner has more hashing power then a couple of the pools.

[clabits]

Thanks for sharing

[VoskCoin]

Thanks for sharing

gladly, here to help

Batch 2 A3's getting close and with Bitmains recent behavior they may even ship early. . :O

[VoskCoin]

Can't help but think it is 4 a3's with just one shown lol

https://halongmining.com/shop/dragonmint-b52-blake2b-miner/

[Elixirbaby]

Can't help but think it is 4 a3's with just one shown lol

https://halongmining.com/shop/dragonmint-b52-blake2b-miner/

Crazy hash rate for one miner if true.

[bitcoinexplorer]

Can't help but think it is 4 a3's with just one shown lol

https://halongmining.com/shop/dragonmint-b52-blake2b-miner/

Crazy hash rate for one miner if true.

What about Obelisk SC miners and those poor souls who purchased them?

[SingMine]

Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?

[Tekno2020]

Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?

Bitmain just sold batch2 A3s at very low price of $980.  Halong selling B52 batch1 at $5,549.  Obelisk supposed to release batch 1 of SC1 miner this summer.  That is a lot of mining power focused on a small SIA network with no other coin to mine besides SIA.  There is definitely an oversupply of ASICs on the SIA network for where the dev team is with the project.
Regarding the price of SC siacoin,,,,,,, it looks like many ASIC miners  took the approach of mine and hodl for a better price, so there is increasing overhang (hodlers waiting to sell)  to overcome for the price to break through 4-5 cents again. 

Come back in a couple of years.  Either Siacoin will be a micro penny....$0.00035 or at $0.10+ depending on execution of the dev team, btc price, etc..

[dimpsk]

Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?

Bitmain just sold batch2 A3s at very low price of $980.  Halong selling B52 batch1 at $5,549.  Obelisk supposed to release batch 1 of SC1 miner this summer.  That is a lot of mining power focused on a small SIA network with no other coin to mine besides SIA.  There is definitely an oversupply of ASICs on the SIA network for where the dev team is with the project.
Regarding the price of SC siacoin,,,,,,, it looks like many ASIC miners  took the approach of mine and hodl for a better price, so there is increasing overhang (hodlers waiting to sell)  to overcome for the price to break through 4-5 cents again. 

Come back in a couple of years.  Either Siacoin will be a micro penny....$0.00035 or at $0.10+ depending on execution of the dev team, btc price, etc..

I afraid siacoin totally ruined by it founders. Better to forget it.
Buying asic for siacoin mining is a madness.

[Tekno2020]

Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?

Bitmain just sold batch2 A3s at very low price of $980.  Halong selling B52 batch1 at $5,549.  Obelisk supposed to release batch 1 of SC1 miner this summer.  That is a lot of mining power focused on a small SIA network with no other coin to mine besides SIA.  There is definitely an oversupply of ASICs on the SIA network for where the dev team is with the project.
Regarding the price of SC siacoin,,,,,,, it looks like many ASIC miners  took the approach of mine and hodl for a better price, so there is increasing overhang (hodlers waiting to sell)  to overcome for the price to break through 4-5 cents again. 

Come back in a couple of years.  Either Siacoin will be a micro penny....$0.00035 or at $0.10+ depending on execution of the dev team, btc price, etc..

I afraid siacoin totally ruined by it founders. Better to forget it.
Buying asic for siacoin mining is a madness.

Ya, the dev team are 1st class amateurs.... they should have focused on building out the software/GUI/network and encouraging adoption instead of trying to create a ASIC miner.  I guess they got greedy with calculations on how much they could make self-mining.

[dimpsk]

Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?

Bitmain just sold batch2 A3s at very low price of $980.  Halong selling B52 batch1 at $5,549.  Obelisk supposed to release batch 1 of SC1 miner this summer.  That is a lot of mining power focused on a small SIA network with no other coin to mine besides SIA.  There is definitely an oversupply of ASICs on the SIA network for where the dev team is with the project.
Regarding the price of SC siacoin,,,,,,, it looks like many ASIC miners  took the approach of mine and hodl for a better price, so there is increasing overhang (hodlers waiting to sell)  to overcome for the price to break through 4-5 cents again. 

Come back in a couple of years.  Either Siacoin will be a micro penny....$0.00035 or at $0.10+ depending on execution of the dev team, btc price, etc..

I afraid siacoin totally ruined by it founders. Better to forget it.
Buying asic for siacoin mining is a madness.

Ya, the dev team are 1st class amateurs.... they should have focused on building out the software/GUI/network and encouraging adoption instead of trying to create a ASIC miner.  I guess they got greedy with calculations on how much they could make self-mining.

Yep, couldnot agree more.
What a pitty, sia project was very promissing at the beginning.

[Dlikrot]

Took me a year to mine with gpu’s what people mine in days with asic  Feel like vomiting. Hodl SIA? Nahhh!!

[philipma1957]

So this algo is dead  due to huge mining power.


and what is going to happen with


https://halongmining.com/shop/dragonmint-b29-blake256-miner/


blake/decred   the miner above is 2.1th  the network is 1420th


so 700 of these will  be = to the network.

What is going to happen to all other gpu algos?

are we to see asics for every coin's algo?

[bitcoinexplorer]

So this algo is dead  due to huge mining power.


and what is going to happen with


https://halongmining.com/shop/dragonmint-b29-blake256-miner/


blake/decred   the miner above is 2.1th  the network is 1420th


so 700 of these will  be = to the network.

What is going to happen to all other gpu algos?

are we to see asics for every coin's algo?

Just like every human have to die, every coin have to meet ASIC

[dnssandbox]

Are these Halong miners?

https://siamining.com/addresses/25865daf640696361b432bd517b812270d8459af48f13876108354ee7e028e0e15c13ab5030c


Heaven help us Sia miners....

we are almost at .01 and the big sharks have joined the pool.

Looks like they may be having some issues with them though or just initial testing.