NetfetMiningCompany
Jr. Member
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Activity: 315
Merit: 8
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May 11, 2018, 10:37:56 AM |
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They are just trying to keep it fair between gamers, miners, and AI developers. ITs commendable.
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veil ///// PRIVACY WITHOUT COMPROMISE. /////
https://veil-project.com/ |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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MagicSmoker
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May 11, 2018, 12:57:56 PM |
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Plenty of other coins, and coins to come this machine will be useful for. Gotta love the people trying to say its a brick when its not. Neither is the CN or ETH miners. ...
The 20kH/s Giant N CN ASIC now only brings in about $3US per day... Can't really say it is profitable until the capital cost is paid back, and at this rate that will be around 2 years from now if you got in on the first batch at $1900US each. |
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xpulse
Newbie
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Activity: 141
Merit: 0
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May 11, 2018, 02:56:56 PM |
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Plenty of other coins, and coins to come this machine will be useful for. Gotta love the people trying to say its a brick when its not. Neither is the CN or ETH miners. ...
The 20kH/s Giant N CN ASIC now only brings in about $3US per day... Can't really say it is profitable until the capital cost is paid back, and at this rate that will be around 2 years from now if you got in on the first batch at $1900US each. Agreed 20Kh/s was not interested from the begging. They suppose to release N+ with 40 Kh/s but still not even close to 220 Kh/s from Bitmain. |
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kadal88
Newbie
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Activity: 48
Merit: 0
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May 11, 2018, 03:12:38 PM |
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it is not worth it.
check profitability. at current prices it might ROI in 2 month....
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xpulse
Newbie
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Activity: 141
Merit: 0
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May 11, 2018, 03:30:15 PM |
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it is not worth it.
check profitability. at current prices it might ROI in 2 month....
You want ROI in 1 day? 2 month I would say, not to bad even good :-) any Vega/1080Ti ROI is minimum 9 months. |
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MagicSmoker
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May 11, 2018, 03:38:47 PM |
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Plenty of other coins, and coins to come this machine will be useful for. Gotta love the people trying to say its a brick when its not. Neither is the CN or ETH miners. ...
The 20kH/s Giant N CN ASIC now only brings in about $3US per day... Can't really say it is profitable until the capital cost is paid back, and at this rate that will be around 2 years from now if you got in on the first batch at $1900US each. Agreed 20Kh/s was not interested from the begging. They suppose to release N+ with 40 Kh/s but still not even close to 220 Kh/s from Bitmain. True, the Baikal miner proved to be a rather poor choice based on price vs. hashrate, but even the 220kH/s Bitmain CN ASIC only brings in about $30US per day as of right now, so it will take 400 days to pay off the capital cost if nothing else changes. And of course, the one thing you can count on in crypto is change. Regardless, what I am really driving at here is that if the biggest hashrate coin on an algo forks to block ASICs, such as Monero did with CryptoNight, then the difficulty rise on the remaining coins makes mining them much less attractive. |
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xpulse
Newbie
Offline
Activity: 141
Merit: 0
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May 11, 2018, 03:41:59 PM |
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Plenty of other coins, and coins to come this machine will be useful for. Gotta love the people trying to say its a brick when its not. Neither is the CN or ETH miners. ...
The 20kH/s Giant N CN ASIC now only brings in about $3US per day... Can't really say it is profitable until the capital cost is paid back, and at this rate that will be around 2 years from now if you got in on the first batch at $1900US each. Agreed 20Kh/s was not interested from the begging. They suppose to release N+ with 40 Kh/s but still not even close to 220 Kh/s from Bitmain. True, the Baikal miner proved to be a rather poor choice based on price vs. hashrate, but even the 220kH/s Bitmain CN ASIC only brings in about $30US per day as of right now, so it will take 400 days to pay off the capital cost if nothing else changes. And of course, the one thing you can count on in crypto is change. Regardless, what I am really driving at here is that if the biggest hashrate coin on an algo forks to block ASICs, such as Monero did with CryptoNight, then the difficulty rise on the remaining coins makes mining them much less attractive. Baikal sells 1 + 4 ASIC's for 3600$, so you get 5 Baikals N+ with 40 Kh/s on Cryptonight (old) for price 1 device. Still not interesting.. Another news I read today. Netherlands exchange discard Bitcoin Cash because of May 15th fork. Weird... |
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Sandal_Hat
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May 11, 2018, 04:46:43 PM |
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Plenty of other coins, and coins to come this machine will be useful for. Gotta love the people trying to say its a brick when its not. Neither is the CN or ETH miners. ...
The 20kH/s Giant N CN ASIC now only brings in about $3US per day... Can't really say it is profitable until the capital cost is paid back, and at this rate that will be around 2 years from now if you got in on the first batch at $1900US each. Agreed 20Kh/s was not interested from the begging. They suppose to release N+ with 40 Kh/s but still not even close to 220 Kh/s from Bitmain. True, the Baikal miner proved to be a rather poor choice based on price vs. hashrate, but even the 220kH/s Bitmain CN ASIC only brings in about $30US per day as of right now, so it will take 400 days to pay off the capital cost if nothing else changes. And of course, the one thing you can count on in crypto is change. Regardless, what I am really driving at here is that if the biggest hashrate coin on an algo forks to block ASICs, such as Monero did with CryptoNight, then the difficulty rise on the remaining coins makes mining them much less attractive. Baikal sells 1 + 4 ASIC's for 3600$, so you get 5 Baikals N+ with 40 Kh/s on Cryptonight (old) for price 1 device. Still not interesting.. Another news I read today. Netherlands exchange discard Bitcoin Cash because of May 15th fork. Weird... This is equihash, not cryptonight. |
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
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MagicSmoker
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May 11, 2018, 04:52:54 PM |
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This is equihash, not cryptonight.
And yet what just happened with the CryptoNight ASICs may very well be what happens to those for Equihash. Those who don't learn from history are doomed to repeat it, the old saying goes. |
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hawkfish007
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May 11, 2018, 05:11:01 PM |
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This is equihash, not cryptonight.
And yet what just happened with the CryptoNight ASICs may very well be what happens to those for Equihash. Those who don't learn from history are doomed to repeat it, the old saying goes. X3 is actually doing pretty well. It is easy to overclock and mine is hashing at 50% more than the advertised rate at 320 kH/s. By the time rest of the coins fork, it should pay for itself or more if anyone used coupon to buy it  |
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offcontrol94
Jr. Member
Offline
Activity: 70
Merit: 2
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May 11, 2018, 07:42:10 PM |
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Bitcoin Private > Zcash
BTCP will be bitmain-resistant
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BTC: 13xhPuVUQRczkxdX6F9FBYREdemBMn7UPx
BTCP: b1NyaHebmoD8oSJwLpCABe8XyPktkL3nJdE
LTC: LVhDnj23hgignWzEdqG78d5uasY5RDtnya
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badger88
Newbie
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Activity: 83
Merit: 0
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May 11, 2018, 07:44:34 PM |
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Bitcoin Private > Zcash
BTCP will be bitmain-resistant
also your horse and carriage is car resistant ...  and your waterfall powered mill is electricity resistant ... because fuck new tech |
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MagicSmoker
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May 11, 2018, 10:28:49 PM |
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Bitcoin Private > Zcash
BTCP will be bitmain-resistant
also your horse and carriage is car resistant ... and your waterfall powered mill is electricity resistant ... because fuck new tech It's not the technology that is the problem, rather, it's the predatory (and illegal in the US) behavior of the company that dominates ASIC mining: Bitmain. |
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Longsnowsm
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May 11, 2018, 11:44:55 PM |
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This is equihash, not cryptonight.
And yet what just happened with the CryptoNight ASICs may very well be what happens to those for Equihash. Those who don't learn from history are doomed to repeat it, the old saying goes. X3 is actually doing pretty well. It is easy to overclock and mine is hashing at 50% more than the advertised rate at 320 kH/s. By the time rest of the coins fork, it should pay for itself or more if anyone used coupon to buy it Thanks Hawkfish for the report on the X3. That gives me some hope that maybe the Z9 will have a chance to get to us in time to at least get an ROI before everyone forks off. |
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philipma1957
Legendary
Offline
Activity: 4102
Merit: 7768
'The right to privacy matters'
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May 11, 2018, 11:46:47 PM |
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Bitcoin Private > Zcash
BTCP will be bitmain-resistant
also your horse and carriage is car resistant ... and your waterfall powered mill is electricity resistant ... because fuck new tech yeah I always make it a point to blowup any and all death stars.  |
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Agozyen
Sr. Member
Offline
Activity: 672
Merit: 252
Until the end
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May 12, 2018, 12:01:07 AM |
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Just grabbed a few! I'm loving the low power requirements.
I'm torn ... hovering over the :Submit: button on Bitmain's website ... Daily profit?
10k sol/s - so about 0.004 BTC per day currently Emphasis on currently. That will disappear when they start shipping. I wonder how long Bitmain has been mining with these before announcing? |
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serbking
Newbie
Offline
Activity: 1
Merit: 0
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May 12, 2018, 12:21:49 AM |
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 I bought a z9. I also have gpu mining rigs. I dont see anything wrong with ASICS, we just need more competition in the industry.
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hawkfish007
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May 12, 2018, 03:51:05 AM |
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This is equihash, not cryptonight.
And yet what just happened with the CryptoNight ASICs may very well be what happens to those for Equihash. Those who don't learn from history are doomed to repeat it, the old saying goes. X3 is actually doing pretty well. It is easy to overclock and mine is hashing at 50% more than the advertised rate at 320 kH/s. By the time rest of the coins fork, it should pay for itself or more if anyone used coupon to buy it Thanks Hawkfish for the report on the X3. That gives me some hope that maybe the Z9 will have a chance to get to us in time to at least get an ROI before everyone forks off. I bought a few myself and planning to buy more. I am not worried, in order to stay in the game gotta upgrade constantly. The 1080 Tis it will replace can mine something else, they are paid for by mining ZEC long time ago. |
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TGJ
Jr. Member
Offline
Activity: 173
Merit: 5
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May 12, 2018, 06:28:37 PM |
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Still not sold out, wonder how big this batch is?
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xpulse
Newbie
Offline
Activity: 141
Merit: 0
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May 12, 2018, 06:39:45 PM |
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Still not sold out, wonder how big this batch is?
Maybe not a lot of buyers... People scared by previous Cryptonight forks... which in 1st batch for rest coins still profitable and faster ROI compare with GPU's, but not flexible as GPU. |
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