Bitmain E3 Ethash Miner ASIC (Batch 1 - Shipping:16-31 July. $800 USD)

[QuintLeo]

bitmain just selling this shit to draw some attention from the f3 videos and/or their real eth mining operation...

before eth pos you can buy them with a funny dislaimer like the doorstoper x3

3. One major cryptocurrency which is using CryptoNight hash function is about to change their PoW algothrim, and according to their public statement, it is purposely to brick ASIC mining rigs including X3. When you buying it, you are betting that they are wrong.

if xmr wouldnt have announced the fork we all still wont know the doorstoper x3 exists...why the fuck somebody would sell something profitable & power efficient for pennys if you can earn much more with mining(ok they already did)?
 the same applies for the real bitmain eth asics

there will be soon something like monero cash from bitmain, where retarded buyers can point their machines...thats the only reason bitcoin cash exists so they can sell more of their sha256 miners. thats the only fucking reason

The announcement of Bitmain's cryptonite miner seems to have been driven by Baikal shipping THEIR cryptonite miner.
The XMR fork wasn't announced or planned 'till the Bitmain miner was announced - your timeframe is WAY off there.

Also, it's not just Monero that is forking - ETN has also announced they will be forking (probably piggybacking on the Monero fork code and algorithm) soon, and I think I've seen commentary from some of the "small fry" cryptonite coin devs that they might be forking as well.


Hint - Bitmain doesn't sell their miners for pennies, they sell them then turn the money around to make MORE miners to sell - and make quite a bit MORE that way than via mining which takes MONTHS or YEARS to pay a machine off.

There have been times when Bitmain ended up selling a miner for more than it ever made back, though USUALLY if a miner is profitable long enough it will EVENTUALLY make more than you paid for it (IF you have very cheap electric) - but in that timeframe Bitmain has turned that investment around at least twice and more likely 3-4 TIMES via new batches of that miner model and made a LOT more than they would have made from mining on the first batch for the same amount of cash invested -and ZERO risk of losing money as well.


I don't like Bitmain, and they've made mistakes at times, but I don't call their business model STUPID for a reason.

[1714997884]

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[ThugB33]

The world is starting to hate the communist party occupying china...

F*ck Kommunist !    (Cold war flashbacks)

Let me have a good LOL over here.... DID communist let go of manufacturing process to China? IT'S OUR FUCKING GREED WHY THOSE PRODUCING FACTORIES ARE THERE! Morron!

More profit hunger and caviar on the table!

[kodokbuduk]

Price now is $1800 

[treanski]

bitmain just selling this shit to draw some attention from the f3 videos and/or their real eth mining operation...

before eth pos you can buy them with a funny dislaimer like the doorstoper x3

3. One major cryptocurrency which is using CryptoNight hash function is about to change their PoW algothrim, and according to their public statement, it is purposely to brick ASIC mining rigs including X3. When you buying it, you are betting that they are wrong.

if xmr wouldnt have announced the fork we all still wont know the doorstoper x3 exists...why the fuck somebody would sell something profitable & power efficient for pennys if you can earn much more with mining(ok they already did)?
 the same applies for the real bitmain eth asics

there will be soon something like monero cash from bitmain, where retarded buyers can point their machines...thats the only reason bitcoin cash exists so they can sell more of their sha256 miners. thats the only fucking reason

The announcement of Bitmain's cryptonite miner seems to have been driven by Baikal shipping THEIR cryptonite miner.
The XMR fork wasn't announced or planned 'till the Bitmain miner was announced - your timeframe is WAY off there.

Also, it's not just Monero that is forking - ETN has also announced they will be forking (probably piggybacking on the Monero fork code and algorithm) soon, and I think I've seen commentary from some of the "small fry" cryptonite coin devs that they might be forking as well.


Hint - Bitmain doesn't sell their miners for pennies, they sell them then turn the money around to make MORE miners to sell - and make quite a bit MORE that way than via mining which takes MONTHS or YEARS to pay a machine off.

There have been times when Bitmain ended up selling a miner for more than it ever made back, though USUALLY if a miner is profitable long enough it will EVENTUALLY make more than you paid for it (IF you have very cheap electric) - but in that timeframe Bitmain has turned that investment around at least twice and more likely 3-4 TIMES via new batches of that miner model and made a LOT more than they would have made from mining on the first batch for the same amount of cash invested -and ZERO risk of losing money as well.


I don't like Bitmain, and they've made mistakes at times, but I don't call their business model STUPID for a reason.

it doesnt matter who sold his cn asics first...fact is without the fork the rats would have never come out of their holes

[winetou]

They just changed price from $800 to $1800   I guess it's another shitmain smart move - they let everyone think that there is so huge demand on those machines, that they decided to increase the price. But next week there will be the very last chance to order in old price  

[Metroid]

They just changed price from $800 to $1800   I guess it's another shitmain smart move - they let everyone think that there is so huge demand on those machines, that they decided to increase the price. But next week there will be the very last chance to order in old price  

So true and the funny thing is that trolls will pay $1800 but did not want to pay $800 hehe

[kodokbuduk]

They just changed price from $800 to $1800   I guess it's another shitmain smart move - they let everyone think that there is so huge demand on those machines, that they decided to increase the price. But next week there will be the very last chance to order in old price  

Last chance to pay u mean with old price? 

[winetou]

They just changed price from $800 to $1800   I guess it's another shitmain smart move - they let everyone think that there is so huge demand on those machines, that they decided to increase the price. But next week there will be the very last chance to order in old price  

So true and the funny thing is that trolls will pay $1800 but did not want to pay $800 hehe

Yes, but good news for them is that this time they can use their coupons 

[nazzer]

bitmain just selling this shit to draw some attention from the f3 videos and/or their real eth mining operation...

before eth pos you can buy them with a funny dislaimer like the doorstoper x3

3. One major cryptocurrency which is using CryptoNight hash function is about to change their PoW algothrim, and according to their public statement, it is purposely to brick ASIC mining rigs including X3. When you buying it, you are betting that they are wrong.

if xmr wouldnt have announced the fork we all still wont know the doorstoper x3 exists...why the fuck somebody would sell something profitable & power efficient for pennys if you can earn much more with mining(ok they already did)?
 the same applies for the real bitmain eth asics

there will be soon something like monero cash from bitmain, where retarded buyers can point their machines...thats the only reason bitcoin cash exists so they can sell more of their sha256 miners. thats the only fucking reason

The announcement of Bitmain's cryptonite miner seems to have been driven by Baikal shipping THEIR cryptonite miner.
The XMR fork wasn't announced or planned 'till the Bitmain miner was announced - your timeframe is WAY off there.

Also, it's not just Monero that is forking - ETN has also announced they will be forking (probably piggybacking on the Monero fork code and algorithm) soon, and I think I've seen commentary from some of the "small fry" cryptonite coin devs that they might be forking as well.

Monero / XMR has always been on a ~6 month hard fork roadmap. Monero forking in March/April 2018 was announced back in October, the PoW change was well known at least since February. ASIC resistance is also a stated goal of the Monero project.

For Ethereum, ETC (and other Ethash PoW based blockchains) - the E3 will be a real test, will they hardfork to avoid ASICs?

For $800 you're probably better off buying 2 ETH instead.

At $1800 ... you'd be mad ...

[siampumpkin]

bitmain just selling this shit to draw some attention from the f3 videos and/or their real eth mining operation...

before eth pos you can buy them with a funny dislaimer like the doorstoper x3

3. One major cryptocurrency which is using CryptoNight hash function is about to change their PoW algothrim, and according to their public statement, it is purposely to brick ASIC mining rigs including X3. When you buying it, you are betting that they are wrong.

if xmr wouldnt have announced the fork we all still wont know the doorstoper x3 exists...why the fuck somebody would sell something profitable & power efficient for pennys if you can earn much more with mining(ok they already did)?
 the same applies for the real bitmain eth asics

there will be soon something like monero cash from bitmain, where retarded buyers can point their machines...thats the only reason bitcoin cash exists so they can sell more of their sha256 miners. thats the only fucking reason

The announcement of Bitmain's cryptonite miner seems to have been driven by Baikal shipping THEIR cryptonite miner.
The XMR fork wasn't announced or planned 'till the Bitmain miner was announced - your timeframe is WAY off there.

Also, it's not just Monero that is forking - ETN has also announced they will be forking (probably piggybacking on the Monero fork code and algorithm) soon, and I think I've seen commentary from some of the "small fry" cryptonite coin devs that they might be forking as well.


Hint - Bitmain doesn't sell their miners for pennies, they sell them then turn the money around to make MORE miners to sell - and make quite a bit MORE that way than via mining which takes MONTHS or YEARS to pay a machine off.

There have been times when Bitmain ended up selling a miner for more than it ever made back, though USUALLY if a miner is profitable long enough it will EVENTUALLY make more than you paid for it (IF you have very cheap electric) - but in that timeframe Bitmain has turned that investment around at least twice and more likely 3-4 TIMES via new batches of that miner model and made a LOT more than they would have made from mining on the first batch for the same amount of cash invested -and ZERO risk of losing money as well.


I don't like Bitmain, and they've made mistakes at times, but I don't call their business model STUPID for a reason.

Bitmain is not stupid, just scummy. I just wish people would not buy their worthless miners.

[BenRickert]

1. Invest that money buying crypto's and hopefully gain value for 4 months and see what this amount becomes.

this...

No sense in buying an asset that is trending lower and has a ways to go before bottom. One of the dumbest thing one can do with their money. Tie it up in a falling asset. These coins have a long way to go down before they are attractive again. There are "NO USE" cases for them.

[Metroid]

No sense in buying an asset that is trending lower and has a ways to go before bottom. One of the dumbest thing one can do with their money. Tie it up in a falling asset. These coins have a long way to go down before they are attractive again. There are "NO USE" cases for them.

Warren Buffett once said that as an investor it is wise to be “Fearful when others are greedy and greedy when others are fearful.”

[hikenshi]

This is the reason 1800$:
https://www.reddit.com/r/EtherMining/comments/8aa64j/eth_core_devs_have_decided_not_to_emergency_hard/

[Metroid]

This is the reason 1800$:
https://www.reddit.com/r/EtherMining/comments/8aa64j/eth_core_devs_have_decided_not_to_emergency_hard/

So true, bitmain once again hitting trolls with a huge club eheh

Before that, pay $800 and you might be able to mine with them and after that, pay $1800 and you will mine with them ehhe

[BenRickert]

No sense in buying an asset that is trending lower and has a ways to go before bottom. One of the dumbest thing one can do with their money. Tie it up in a falling asset. These coins have a long way to go down before they are attractive again. There are "NO USE" cases for them.

Warren Buffett once said that as an investor it is wise to be “Fearful when others are greedy and greedy when others are fearful.”

Totally agree. read the forums.....they are not "fearful" yet. It's coming though.

[QuintLeo]

This is the reason 1800$:
https://www.reddit.com/r/EtherMining/comments/8aa64j/eth_core_devs_have_decided_not_to_emergency_hard/

There is pretty much ZERO probability of the E3 achieving payback of $1800 before ETH goes full Proof of Stake if the current timeline holds - it might have a faint prayer if ETH price DOUBLES fairly soon, but only due to it taking time for folks to "ramp up the hashrate" to match the price jump.
It was marginal iffy at the original batch price of $800 with VERY LOW electric cost.

There is also the outstanding question of "is it going to be reliable".

IMO anyone that pays $1800 for an E3 is going to LOSE money on the deal unless they have free electric AND they get a unit that runs for 2+ years without issues - and that is assuming that the other ethash coins don't fork and that coin prices stop SLIDING downward and even THEN it's still iffy if they'll ever earn their money back.

[peterboy1]

you discussed too much about e3 being less expensive. now they increased for more fools to buy. 

[Metroid]

eth will soon double, triple and quadruple its price, reason they increased the price. However, nvidia soon to release new gpus with 30% more hashrate and that is the real competition.

e3 is dead anyway, f3 is the real hidden gem.

[suchmoon]

This is the reason 1800$:
https://www.reddit.com/r/EtherMining/comments/8aa64j/eth_core_devs_have_decided_not_to_emergency_hard/

There is pretty much ZERO probability of the E3 achieving payback of $1800 before ETH goes full Proof of Stake if the current timeline holds - it might have a faint prayer if ETH price DOUBLES fairly soon, but only due to it taking time for folks to "ramp up the hashrate" to match the price jump.
It was marginal iffy at the original batch price of $800 with VERY LOW electric cost.

There is also the outstanding question of "is it going to be reliable".

IMO anyone that pays $1800 for an E3 is going to LOSE money on the deal unless they have free electric AND they get a unit that runs for 2+ years without issues - and that is assuming that the other ethash coins don't fork and that coin prices stop SLIDING downward and even THEN it's still iffy if they'll ever earn their money back.

This is good news for those who got it at $800 though. Instant bump in resale value. Possibly good news for GPU miners, but I'm not quite sure about that part yet. I'm still thinking to ditch all AMD cards and get 1070s, if for no other reason than to increase efficiency/density and to reduce dependence on ETH.

[Searing]

Bitmain's E3 Ethash Miner ASIC at 800 USD is a good buy.I think it was rated to run at 180mhs minimum performance.It sold out quickly.this will certainly affect the price/demand for GPU cards if they produce more of these.

It is now $1,800 now on Bitmain....the creator of Ethereum said he is not in favor of a FORK for ASIC's ..thus Bitmain (being evil and all) saw this as a way

to 'gouge' more $$$ out of folk....IF you got it today, it is about what $4 a day? (something like that a few days ago)

A MAYBE buy as a 'toy' at $800 buck ..ie gamble ..now not so much...also I don't think they allow coupons on these units (or did not on batch 1)

Bitmain: "evil is as evil does...adds to the clarity of purpose..don't ya know) (tm: Bitmain)