Bitmain Launches the New Antminer B3 Miner

[munchies859]

I had that thought also but let's look at the facts:

1.) 70% of Bytom are already in circulation. 987,000,000

2.) There are less than 1,000,000 new Bytom mined daily

3.) In the last 24 hours roughly $75 million worth of Bytom exchanged on different exchanges (coinmarketcap.com)

4.) Price is already down 20% in just a couple of days BTM/USD, down 50% BTM/ETH

My opinion is that if everyone goes to market at the same time on the same exchange with 100% of rewards when an exchange begins accepting BTM, yes the price will drop. But I don't believe that will happen. I also think a lot of the price adjustment is already baked in. We've had a huge run over the last week in nearly all crypto yet BTM is down significantly.

Also, this is Bitmain's baby. Do you think a multibillion dollar company is going to let their technology fail? It wouldn't surprise me if they bought more at a lower price much like an underwriter buying stock at an IPO to hold up the price.

Or I could be completely wrong and this is a $0.20 shitcoin this time next week. In which case I will only have made $40/day instead of $240

Actually, I was reading the Bytom discord, and people are saying that Antpool is paying out with the ERC20 token that all the exchanges that list Bytom are using.  So if this is the case, at least some people are already exchanging their BTM.  That would explain the drop in price over the last few days.

Still though, while 1 million BTM per day seems like a drop in the bucket compared to the market cap, the market caps of these small coins are misleading.  Liquidity is low for something like Bytom, so it doesn't take too many people selling to tank the price.  Still though, like you said, the earnings are so high now that even if it crashes it should still be worth it. 

[1714786597]

1714786597

[Salesguy99]

I'm just going to hold onto to mine for the time being.  I'm thinking that it is going to ride the wave of the other cryptos.  And, Bitmain is not going to let it fail (and they have billions).

[Sandal_Hat]

ANTPOOL SHOWS BALANCE NOW ON THE DASHBOARD!!!!!

Yep, here too.  I guess that 18 hours of mining wasn't wasted after all.  I have 330 BTM total earnings!

I think those few were lucky. Some of us havent gotfen the first batch yet. Mine is near now.
Furthermore, we are talking a risk here without even a calculator. Had it gone back like the D3? How? I hope tgat doesnt occur later. The D3 went downhill fast. It was good at first. 70% of bytom is already in circulation is kinda sad...

[shadi1989]

ANTPOOL SHOWS BALANCE NOW ON THE DASHBOARD!!!!!

Yep, here too.  I guess that 18 hours of mining wasn't wasted after all.  I have 330 BTM total earnings!

I think those few were lucky. Some of us havent gotfen the first batch yet. Mine is near now.
Furthermore, we are talking a risk here without even a calculator. Had it gone back like the D3? How? I hope tgat doesnt occur later. The D3 went downhill fast. It was good at first. 70% of bytom is already in circulation is kinda sad...

How is it possible that 70% is already in circulation as the mainnet launched 1/1,5 week ago?

[Kavela]

Am i only one here who got shipping notification for APW and not for Antminer B3? Its not fair. People already making loads of money and my miner is not even shipped its so frustrating. But anywas good luck to those who already got their miners. I haven'g got my first batch miner and bitmain is already preparing to send out the batch 2. My luck is on vacation ))))) Still positive !!!

[Sandal_Hat]

ANTPOOL SHOWS BALANCE NOW ON THE DASHBOARD!!!!!

Yep, here too.  I guess that 18 hours of mining wasn't wasted after all.  I have 330 BTM total earnings!

I think those few were lucky. Some of us havent gotfen the first batch yet. Mine is near now.
Furthermore, we are talking a risk here without even a calculator. Had it gone back like the D3? How? I hope tgat doesnt occur later. The D3 went downhill fast. It was good at first. 70% of bytom is already in circulation is kinda sad...

How is it possible that 70% is already in circulation as the mainnet launched 1/1,5 week ago?

I think it is pre-mine. I dont think they will dump all the pre-mine on us since bytom has agreement in bitmain. Wat i worry is that it is now on sale again which is abit fast? I think it was out of stock yesterday? Anyone know wats the amount sold? The coin just fell from a dollar to 75 cents now. Also, hope bitmain promotes the coin more. I dont see enough people willing to trade it. It needs more liquidity, more buyers. Besides that, all seems ok.  Hopefully this gamble works out for all of us.

[SplinterZalinsk]

Whats the best idea?  Get one more B3 or a X3?

[shadi1989]

Am i only one here who got shipping notification for APW and not for Antminer B3? Its not fair. People already making loads of money and my miner is not even shipped its so frustrating. But anywas good luck to those who already got their miners. I haven'g got my first batch miner and bitmain is already preparing to send out the batch 2. My luck is on vacation ))))) Still positive !!!

Received my tracking number 30min ago, for batch 1 order. wayyy to late tho, already 1200+ running

ANTPOOL SHOWS BALANCE NOW ON THE DASHBOARD!!!!!

Yep, here too.  I guess that 18 hours of mining wasn't wasted after all.  I have 330 BTM total earnings!

I think those few were lucky. Some of us havent gotfen the first batch yet. Mine is near now.
Furthermore, we are talking a risk here without even a calculator. Had it gone back like the D3? How? I hope tgat doesnt occur later. The D3 went downhill fast. It was good at first. 70% of bytom is already in circulation is kinda sad...

How is it possible that 70% is already in circulation as the mainnet launched 1/1,5 week ago?

I think it is pre-mine. I dont think they will dump all the pre-mine on us since bytom has agreement in bitmain. Wat i worry is that it is now on sale again which is abit fast? I think it was out of stock yesterday? Anyone know wats the amount sold? The coin just fell from a dollar to 75 cents now. Also, hope bitmain promotes the coin more. I dont see enough people willing to trade it. It needs more liquidity, more buyers. Besides that, all seems ok.  Hopefully this gamble works out for all of us.

Pre-mine by the dev's of bytom? why is a miner build en sold if already 70%'s done?

Whats the best idea?  Get one more B3 or a X3?

Same questions here. X3 can still hit it's ROI pretty soon (60d) even ETN is forking.

[greyday]

Whats the best idea? Get one more B3 or a X3?

Same questions here. X3 can still hit it's ROI pretty soon (60d) even ETN is forking.

It's all down to risk. Bytom isn't proven to be anything yet, but it MAY end up being quite valuable. X3 is a good call while ETN is still on the algo, after fork if it isn't picked up for Nicehash I'm not sure you'll be making much, I'm not overly interested in any of the other coins it mines personally.

If you're cashing out daily I think the B3 is earning more right now, but not sure. I don't have either (yet, both are arriving in the next week or two).

[Kavela]

Am i only one here who got shipping notification for APW and not for Antminer B3? Its not fair. People already making loads of money and my miner is not even shipped its so frustrating. But anywas good luck to those who already got their miners. I haven'g got my first batch miner and bitmain is already preparing to send out the batch 2. My luck is on vacation ))))) Still positive !!!

Received my tracking number 30min ago, for batch 1 order. wayyy to late tho, already 1200+ running


I got mine too and yes its wayyy to late for batch 1. But still i got it at last. )))))))))))))

[shadi1989]

Saw something on Bytom Discord:
"bytom_Martin - today 05:12
@Cryptoaio12   the top 2 address are belong to bytom  we will drop some of these BTM to community"

[henrylitee]

So when does Antpool payout?  Anyone receive anything yet?  I have 412 BTM earned so far...

 did you set up the auto pay out for example at 100 BTM coins? some people get pay out just for 118 BTM coins...

[Sandal_Hat]

My B3 came and works fine so far
It is as loud as an S9 or D3 despite using lesser electricity. It has 6 boards with 2 chips on each board and it is auto-tune. U cant lower fans, so make sure u set up a place that can take some noise. This isnt gpu quiet despite using low electricity. I am not sure wat speed the fans spin at because sit just shows zero.

[chup]

Actually, I was reading the Bytom discord, and people are saying that Antpool is paying out with the ERC20 token that all the exchanges that list Bytom are using.  So if this is the case, at least some people are already exchanging their BTM.  That would explain the drop in price over the last few days.
 

I installed the wallet, but I can't figure how can I create ERC20 address. Anyone?

[HagssFIN]

My B3 came and works fine so far
It is as loud as an S9 or D3 despite using lesser electricity. It has 6 boards with 2 chips on each board and it is auto-tune. U cant lower fans, so make sure u set up a place that can take some noise. This isnt gpu quiet despite using low electricity. I am not sure wat speed the fans spin at because sit just shows zero.

Maybe you can buy and install Enermax D.F. Storm fans to provide enough cooling (3500rpm, 155CFM), but with a low noise level.

[Kavela]

Need help !!!

If i switch on miner and mine bytom with antpool and i indicate my hitbtc bytom adress. Will it provide payment to my hitbtc account? Thanks a lot.

[Sandal_Hat]

My B3 came and works fine so far
It is as loud as an S9 or D3 despite using lesser electricity. It has 6 boards with 2 chips on each board and it is auto-tune. U cant lower fans, so make sure u set up a place that can take some noise. This isnt gpu quiet despite using low electricity. I am not sure wat speed the fans spin at because sit just shows zero.

Maybe you can buy and install Enermax D.F. Storm fans to provide enough cooling (3500rpm, 155CFM), but with a low noise level.

I have space to put all my noisy stuffs

I am just providing info for those wanting to put it in their bedroom. It isnt possible lol or maybe with a super thick soundproof box. U dont wanna buy this and realize u cant run it due to noise issues especially since plugging it in asap is crucial.
This thing uses as much power as only 3 GPUs but is noisy.

I would prefer to have the strongest fans to make sure it is as cool as can be. Safer that way.

Need help !!!

If i switch on miner and mine bytom with antpool and i indicate my hitbtc bytom adress. Will it provide payment to my hitbtc account? Thanks a lot.

Dude, better not to use any exchange address for mining. Best to just use mew address.

I juz bought some bytom in huobipro to test withdraw to mew. It isnt instant and took about 5 mins before withdrawal is approved. Huobi pro fee is 2btm, min is 42btm.
Cryptopia should have instant withdrawal (though I havent tried for bytom) but they have a 14btm fee

[Kavela]

Need help !!!

If i switch on miner and mine bytom with antpool and i indicate my hitbtc bytom adress. Will it provide payment to my hitbtc account? Thanks a lot.


Dude, better not to use any exchange address for mining. Best to just use mew address.

Thanks for response. I never used this wallet, and can i transfer the savings in exchange later without any problems or additional fees? Thanks

[Sandal_Hat]

Need help !!!

If i switch on miner and mine bytom with antpool and i indicate my hitbtc bytom adress. Will it provide payment to my hitbtc account? Thanks a lot.


Dude, better not to use any exchange address for mining. Best to just use mew address.

Thanks for response. I never used this wallet, and can i transfer the savings in exchange later without any problems or additional fees? Thanks

Myetherwallet aka MEW is a popular wallet. It holds alot of erc20 tokens such as bytom. U can decide your fees in mew. U need some eth to be used as fees though.

[mansello]

Hi, is it possible to use Trezor or Ledger as wallet for Bytom ?
If yes ..... how?
Thank you