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Author Topic: Bitmain Launches the New Antminer B3 Miner  (Read 15962 times)
mellonballer
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July 02, 2018, 01:56:18 AM
 #861

the group chat in the developers section has become quite angry. These miners are bricks
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greyday
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July 02, 2018, 11:23:00 AM
 #862

the group chat in the developers section has become quite angry. These miners are bricks

Yup. At this point I'm more pissed that I paid to ship mine for repairs, should have just junked it.
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July 04, 2018, 05:39:33 AM
 #863

I filed a complain ticket and they basically said no decision made if any compensation will be given for selling u this brick.
They are trying to sweep it under the carpet...

Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
greyday
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July 04, 2018, 10:04:06 AM
 #864

I filed a complain ticket and they basically said no decision made if any compensation will be given for selling u this brick.
They are trying to sweep it under the carpet...

To be fair, it WAS a gamble from the get go. Unless they knew the coin would tank (which, keep in mind, ALL crypto is pretty low at the moment) and/or they knew that GPUs were capable of more and would eventually outpace the miner, they didn't actually do anything wrong.

Gambling on a new machine designed for one specific (and NEW) coin is, well, a gamble. You don't get pissed at the casino when you roll craps, unless they loaded the dice.
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July 05, 2018, 10:06:44 AM
 #865

I filed a complain ticket and they basically said no decision made if any compensation will be given for selling u this brick.
They are trying to sweep it under the carpet...

To be fair, it WAS a gamble from the get go. Unless they knew the coin would tank (which, keep in mind, ALL crypto is pretty low at the moment) and/or they knew that GPUs were capable of more and would eventually outpace the miner, they didn't actually do anything wrong.

Gambling on a new machine designed for one specific (and NEW) coin is, well, a gamble. You don't get pissed at the casino when you roll craps, unless they loaded the dice.

Yeah but lol they did it so poorly and sold us at such a crap price...

Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
tw0rak
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July 05, 2018, 05:02:58 PM
 #866

BTM is going to be ten times higher in 2 months and this (and all other bitmain machines) will be profitable again.
Now - unplug your B3s if you care about this shitty amount of electricity and wait for its moment.
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July 05, 2018, 09:18:37 PM
 #867

https://github.com/NebuTech/BTMiner_NebuTech/releases

GTX 1080 Ti doing 1408 H/s and power limited to 160 watts with this release and the performance is only going to get better.

The theoretical peak performance for a stock GTX 1080 Ti at 250 watts is approximately 5 kH/s using DP4A instructions for 256x256 matrix multiply.
tw0rak
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July 05, 2018, 10:26:24 PM
 #868

https://github.com/NebuTech/BTMiner_NebuTech/releases

GTX 1080 Ti doing 1408 H/s and power limited to 160 watts with this release and the performance is only going to get better.

The theoretical peak performance for a stock GTX 1080 Ti at 250 watts is approximately 5 kH/s using DP4A instructions for 256x256 matrix multiply.

Happy to have multiple 1050ti's...

https://twitter.com/search?src=typd&q=antminer%20b3
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July 06, 2018, 07:20:05 AM
 #869

BTM is going to be ten times higher in 2 months and this (and all other bitmain machines) will be profitable again.
Now - unplug your B3s if you care about this shitty amount of electricity and wait for its moment.

It wont be because GPUs will go and do it more efficiently, meaning the B3 wont be useful regardless.
The B3 will only be profitable if the GPU are alot more profitable.

Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
greyday
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July 06, 2018, 07:43:42 PM
 #870

BTM is going to be ten times higher in 2 months and this (and all other bitmain machines) will be profitable again.
Now - unplug your B3s if you care about this shitty amount of electricity and wait for its moment.

It wont be because GPUs will go and do it more efficiently, meaning the B3 wont be useful regardless.
The B3 will only be profitable if the GPU are alot more profitable.

Also as a note--if you 100% believe this (that Bytom will be 10x in 2 months), unplugging your machine right now makes 0 sense (unless you are instantly converting to another coin or cash).
Mo20
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July 07, 2018, 12:18:04 AM
 #871

BTM is going to be ten times higher in 2 months and this (and all other bitmain machines) will be profitable again.
Now - unplug your B3s if you care about this shitty amount of electricity and wait for its moment.

It wont be because GPUs will go and do it more efficiently, meaning the B3 wont be useful regardless.
The B3 will only be profitable if the GPU are alot more profitable.

Also as a note--if you 100% believe this (that Bytom will be 10x in 2 months), unplugging your machine right now makes 0 sense (unless you are instantly converting to another coin or cash).

Unplugging your machine and selling it to buy Bytom makes perfect sense.
greyday
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July 07, 2018, 08:48:59 PM
 #872

BTM is going to be ten times higher in 2 months and this (and all other bitmain machines) will be profitable again.
Now - unplug your B3s if you care about this shitty amount of electricity and wait for its moment.

It wont be because GPUs will go and do it more efficiently, meaning the B3 wont be useful regardless.
The B3 will only be profitable if the GPU are alot more profitable.

Also as a note--if you 100% believe this (that Bytom will be 10x in 2 months), unplugging your machine right now makes 0 sense (unless you are instantly converting to another coin or cash).

Unplugging your machine and selling it to buy Bytom makes perfect sense.

Sure, but that's not what he/she suggested. The original post said unplug and wait until it has "its moment". Which mathematically makes no sense if you are sure that moment is coming (unless, again, you are selling daily).
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July 07, 2018, 09:41:42 PM
Merited by deathwingbb (2)
 #873

Sure, but that's not what he/she suggested. The original post said unplug and wait until it has "its moment". Which mathematically makes no sense if you are sure that moment is coming (unless, again, you are selling daily).

If the miner is losing money then it makes sense to unplug it and use the money to buy coins instead. By mining at a loss and holding you're essentially buying coins above market price.

kris BTC
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July 07, 2018, 10:33:56 PM
 #874

https://github.com/NebuTech/BTMiner_NebuTech/releases

GTX 1080 Ti doing 1408 H/s and power limited to 160 watts with this release and the performance is only going to get better.

The theoretical peak performance for a stock GTX 1080 Ti at 250 watts is approximately 5 kH/s using DP4A instructions for 256x256 matrix multiply.

Happy to have multiple 1050ti's...

https://twitter.com/search?src=typd&q=antminer%20b3

This is the reason why we are all so out of pocket, GPU miners are so greedy they complain about ASICs all time begging to Algo changes but more then happy to make thousands of people out of pocket without batting an eyelid. Ive lost all respect to Bitmain and GPU miners
greyday
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July 08, 2018, 06:59:16 PM
 #875

Sure, but that's not what he/she suggested. The original post said unplug and wait until it has "its moment". Which mathematically makes no sense if you are sure that moment is coming (unless, again, you are selling daily).

If the miner is losing money then it makes sense to unplug it and use the money to buy coins instead. By mining at a loss and holding you're essentially buying coins above market price.

Ok, two things here:

!) what money? The electricity? Because if you sell the miner you have a limited amount of funds to buy coins, and no ability to mine them later. If you keep the miner to mine the coin later, then turning it off now makes no sense unless you aren't sure it will be profitable later.

2) I don't think you understand. If you mine 1 coin at a loss right now, and later that coin triples, if you held it you actually mined it at a profit, not a loss (plus your actual earnings, in the altcoin, will be higher now, since the difficulty will increase/rewards will decrease). It's only mined at a loss if you sell it before it gains value. So if you TRULY BELIEVE that a coin will eventually grow in value, turning off a miner makes little sense.
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July 08, 2018, 07:39:57 PM
 #876

Sure, but that's not what he/she suggested. The original post said unplug and wait until it has "its moment". Which mathematically makes no sense if you are sure that moment is coming (unless, again, you are selling daily).

If the miner is losing money then it makes sense to unplug it and use the money to buy coins instead. By mining at a loss and holding you're essentially buying coins above market price.

Ok, two things here:

!) what money? The electricity? Because if you sell the miner you have a limited amount of funds to buy coins, and no ability to mine them later. If you keep the miner to mine the coin later, then turning it off now makes no sense unless you aren't sure it will be profitable later.

2) I don't think you understand. If you mine 1 coin at a loss right now, and later that coin triples, if you held it you actually mined it at a profit, not a loss (plus your actual earnings, in the altcoin, will be higher now, since the difficulty will increase/rewards will decrease). It's only mined at a loss if you sell it before it gains value. So if you TRULY BELIEVE that a coin will eventually grow in value, turning off a miner makes little sense.

If it costs me $0.50 to mine one Bytom that currently trades at $0.40 it would be quite stupid to continue mining. I could just take the $0.50 and buy 1.25 Bytom instead.

Whether to sell the miner or not - that's a different scenario. If you really think that it will be very profitable to mine with it at some point in the future then perhaps it makes sense to switch it off and keep it for a while. However seeing that GPUs are much more efficient it's very unlikely that you would ever be able to mine more Bytom than you could buy right now with the proceeds of selling the miner. If Bytom moons, difficulty will moon too.

In any case, mining at a loss doesn't make sense. Don't do that kids.

deathwingbb
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July 09, 2018, 09:03:53 AM
 #877


If the miner is losing money then it makes sense to unplug it and use the money to buy coins instead. By mining at a loss and holding you're essentially buying coins above market price.

Damn, you are a smart man! RESPECT! I feel so dumb after reading this Cry

And no I don't say it with Irony. Thank you sir!
munchies859
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July 18, 2018, 01:48:43 AM
 #878

Sure, but that's not what he/she suggested. The original post said unplug and wait until it has "its moment". Which mathematically makes no sense if you are sure that moment is coming (unless, again, you are selling daily).

If the miner is losing money then it makes sense to unplug it and use the money to buy coins instead. By mining at a loss and holding you're essentially buying coins above market price.

Ok, two things here:

!) what money? The electricity? Because if you sell the miner you have a limited amount of funds to buy coins, and no ability to mine them later. If you keep the miner to mine the coin later, then turning it off now makes no sense unless you aren't sure it will be profitable later.

2) I don't think you understand. If you mine 1 coin at a loss right now, and later that coin triples, if you held it you actually mined it at a profit, not a loss (plus your actual earnings, in the altcoin, will be higher now, since the difficulty will increase/rewards will decrease). It's only mined at a loss if you sell it before it gains value. So if you TRULY BELIEVE that a coin will eventually grow in value, turning off a miner makes little sense.

If it costs me $0.50 to mine one Bytom that currently trades at $0.40 it would be quite stupid to continue mining. I could just take the $0.50 and buy 1.25 Bytom instead.

Whether to sell the miner or not - that's a different scenario. If you really think that it will be very profitable to mine with it at some point in the future then perhaps it makes sense to switch it off and keep it for a while. However seeing that GPUs are much more efficient it's very unlikely that you would ever be able to mine more Bytom than you could buy right now with the proceeds of selling the miner. If Bytom moons, difficulty will moon too.

In any case, mining at a loss doesn't make sense. Don't do that kids.

In theory what you want is for the whole crypto market to go up, but for other coins that can be mined with GPUs to go up more.  If GPU miners can make more with other coins, they will switch.
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July 22, 2018, 11:00:11 PM
Last edit: July 22, 2018, 11:10:24 PM by greyday
 #879

Sure, but that's not what he/she suggested. The original post said unplug and wait until it has "its moment". Which mathematically makes no sense if you are sure that moment is coming (unless, again, you are selling daily).

If the miner is losing money then it makes sense to unplug it and use the money to buy coins instead. By mining at a loss and holding you're essentially buying coins above market price.

Ok, two things here:

!) what money? The electricity? Because if you sell the miner you have a limited amount of funds to buy coins, and no ability to mine them later. If you keep the miner to mine the coin later, then turning it off now makes no sense unless you aren't sure it will be profitable later.

2) I don't think you understand. If you mine 1 coin at a loss right now, and later that coin triples, if you held it you actually mined it at a profit, not a loss (plus your actual earnings, in the altcoin, will be higher now, since the difficulty will increase/rewards will decrease). It's only mined at a loss if you sell it before it gains value. So if you TRULY BELIEVE that a coin will eventually grow in value, turning off a miner makes little sense.

If it costs me $0.50 to mine one Bytom that currently trades at $0.40 it would be quite stupid to continue mining. I could just take the $0.50 and buy 1.25 Bytom instead.

Whether to sell the miner or not - that's a different scenario. If you really think that it will be very profitable to mine with it at some point in the future then perhaps it makes sense to switch it off and keep it for a while. However seeing that GPUs are much more efficient it's very unlikely that you would ever be able to mine more Bytom than you could buy right now with the proceeds of selling the miner. If Bytom moons, difficulty will moon too.

In any case, mining at a loss doesn't make sense. Don't do that kids.

Yes. If you spend that money on buying the coins, it makes more sense. That is, again, not what the premise was nor what I was replying to. And yes, of course on the selling the miner, but the whole premise of the conversation is that the coin will bounce back. As for the mooning comment, not necessarily, but that's a whole other conversation.

My point was if you truly believe it will be profitable again based on the coin's value, then unplugging your miner doesn't make sense. If you prefer to buy it, then ok, but what I am saying is you are mining at the rate and value of the coin at the point you sell it, not at the point you mine it. In which case mining at a loss does indeed make sense (edit: or rather, can).

Also if your difference is $.10/day, if you're buying the amount you would have mined it's only profitable if you buy a chunk of time's worth at a time, the fees will make the difference there. And if you use the heat for anything (like I do), then you're not really paying to mine as much as mining for heat, which you would otherwise have to pay for anyway.

So my point is if you really believe it will be profitable in the future it mathematically does not make sense to turn off your machine unless you are planning to use the electricity money to buy that coin at that time (in some way where the fee costs work out to be profitable). Continuing to mine a coin that you are sure will increase in value is otherwise always going to be far more profitable than shutting your miner off.
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July 26, 2018, 12:54:36 PM
 #880


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Continuing to mine a coin that you are sure will increase in value is otherwise always going to be far more profitable than shutting your miner off.

Then its better to mine it with GPU, because its much more efficient than a B3.

Bitmain Antminer B3 was built to offload non-seller called SOPHON BM1680.

They developed those chips 1,5+ years ago and nobody wanted them. B3 (Sophon chips) are not developed to mine Bytom.

With some weird coding tricks Bitmain successfully managed to make those chips mining Bytom. Then they put all BM1680 into some aluminium boxes and called it "Tensority Asic". Haahaa! I thought ASIC's are chips, special produced to do computing operations at max efficiency.

If all GPU's (maybe CPU also?) are much more efficient than BM1680, why should I use Antminer B3?

@Bitmain: Stop telling us lies about hacked/stolen code! YOU can develope chips/ASIC! Some non professional coders managed to beat your B3 using GPU!! GPU is not a specialized chip to mine Bytom. Thats the best proof, your BM1680 is not built to mine Bytom.

Bitmain, you scammed me!

You sold a super hightec special developed ASIC to me,which is NOT! You sold me old and almost useless chips, packed into a box and telling me "look whats that? Our new ASIC Miner!".

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