First of all let me introduce myself,
my name is Shalom Cohen I'm the founder of the Israeli mining company named HashWare.
founded on late 2013 although we are working on a vast array of cryptocurrencies aspects (mostly because I do what is interesting enough for me),
our main business for a while is consulting on building mining farms and resale of mining hardware.
Unfortunately BTT forum is not managed well for a while,
my original account were blocked after forum hacked back then,
as I mostly active on our local community so I didn't care,
I'm still come to read news when something interesting comes to my desk.
I opened this account just because I had to comment on this one,
I'm not sure I'll be using this account much, feel free to contact me on Facebook if you like.
It came to my knowledge that Spondoolies are working on something for a while,
and guess what... they did it again!
First time I met Guy and Spondoolies crew were in the beginning of 2014,
when their first beast (SP10) arrived with impressive specs at that time.
They were building a new beast with the most remarkable specs on the market at the moment,
their power efficiency is 1/3 of the best hardware out there,
as a small company they are actually building them here in Israel and their manufacturing capacity is very limited.
so I don't think we will see more than few hundreds machines in the market,
as for now there is around 1.6Ph/s running in the network,
that most of that hashing power comes from obsolete hardware (at current Dash price) like D3's (I personally running few 😖),
this would cause shutting down most of them, anyway this new beast is coming and you could keep mining taking the risk or not!
Some people here are complaining that this machines will be easily completely cover the network hashrate,
what can we do this is how mining works, when new mining hardware emerge the old one most likely go to waste,
from my experience most hardware is running by few hundreds miners anyway (some are running them for others).
even when there is only home mining equipment available reference GPU's.
Mining at this point is is mainly for professionals with low electricity cost and very low overhead costs,
anyway this machines are made for running on Datacenter's it will consume more then 4Kw/h,
exhaust a lot of heat and pretty loud (most mining hardware is),
I would not recommend trying running them at home unless you are living in Siberia and don't like the silence. 😉
Anyway Mining is a business of risk management,
if you do it right it can be very profitable,
now at this bear market when people afraid of getting in with new investments might be a good time to get in,
this machine will remove large portion of the equipment running today at bad conditions like high electricity cost, high rent and hot weather.
Here in Israel it's not really suitable for mining anyhow as of high rate of electricity and it's Damm too much hot here most of the time,
and I don't think there will be any self mining here.
the only cases to mine here is if you have excess energy here or by stealing it and I don't think it can be in very large scale anywhere in Israel. 😀
Anyway Most large scale miners pays around 5-6 cents and operate in cool weather countries,
"bitfarmes" (the company) for example paying 2.5c +2c for their overhead costs per KW and running in Canada.
With low manufacturer Capacities and competitive price Gh\s per $ in today's market could be a great choice.
P.S.
Remember in Dash there is another way of mining coins using Master node's,
currently earning around 8% yearly and there is less than 5000 participants investing around 200K US$ or 1000 coins.
~Vires in Numeris~
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