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smoolae
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November 01, 2018, 09:32:27 PM Last edit: November 01, 2018, 09:53:24 PM by smoolae |
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leowonderful
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Bitcoin FTW!
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November 01, 2018, 09:47:41 PM |
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Makes sense since the profitability on these machines has dropped so much they're basically bricks right now, and you have to pay the hefty shipping costs from China to wherever you live. It's indeed interesting that prices on the L3+ and D3 units have dropped so much, however- I don't recall the last time any full-sized miners were sold for this price direct from Bitmain.
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BitMaxz
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Playbet.io - Crypto Casino and Sportsbook
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November 01, 2018, 10:02:22 PM |
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There are many buyers regret buying this ASICminer in the past because the profitability decreases too fast. One of my friends bought D3 past months ago for $1k+ but he's regretting about the profitability and the noise. Since it's not profitable anymore he tried to sell the miner for a cheap price but no one wants to buy this due to negative profitability and noise until he gave this miner to me.
I'm lucky that I have it for free but the problem the noise is too loud that is why I end up to paused the miner and wait someday this miner can be profitable.
Anyway, that price is too cheap but still not worth it to buy.
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yrk1957
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November 01, 2018, 10:24:29 PM |
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Bitmain waited and waited for another boom to sell these, finally gave up and is now liquidating stock.
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kineda
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November 01, 2018, 11:25:19 PM |
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how much do you think shipping and taxes actually adds to these?
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lunobird
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November 02, 2018, 12:38:24 AM |
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I wonder if bitmain is in trouble for selling all their btc for bch. Thats gotta hurt. Plus united states import fees hurting them
Hope they capitulate and go bankrupt. This might be a last desperation attempt to get whatever they can.
A good strategy is to buy solar and buy these miners. Might pay off well. If you got free electric ROI is less than 2 months.
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Haik
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November 02, 2018, 02:04:03 PM |
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Until you get your paid money back (and of course without making profit) this asics become just metal scraps.
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xxxABJxxx
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November 02, 2018, 06:19:23 PM |
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That's scary.
I have reclaimed two broken D3 Hashbaords.
During the Golden Week in China, the package was not picked up by Bitmain.
Bitmain refuses to send me 2 boards and I should send the package again.
Thats a joke. 2 x shipping costs for two boards.
I hope Bitmain goes bankrupt. I will not buy by Bitmain anymore.
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mikeywith
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be constructive or S.T.F.U
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November 02, 2018, 10:54:14 PM |
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39$ + 95$ psu + 100 $to 140 $ shipping . we will take 120$ as an average. that is 254$ of total cost. so , if you are paying anything above 4 cents per kw then your profit is NEGATIVE. according to what to mine, assuming you pay 4 cents per kw you get 17 cents mining dash ( do not bother about what Nicehash show or those other coins on cryptopia that you can't even find a proper pool for. so 17 cents daily. for the sake of simplicity , we will assume difficulty stays the same, and dash price spikes up real good almost 100% . and you make 25 cents a day .25 * 30 = 7.5 $ ROI = 254 / 7.5 = 33.8 months . in plain English, even with free power you will never ROI on this thing, i bet a horse that the hash boards will be bricked long before you ROI. good luck.
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nsummy
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November 03, 2018, 06:54:59 AM |
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I think people are missing the point of OP's post. Obviously these are cheap because they are worthless. But with that said, all of their miners share a common platform. Certainly they could reuse the fans, chassis, and network interfaces, and those have to be worth $39. Of course then they have to pay some to take them all apart. $39 might still be making them a profit sadly.
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Anz563
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November 03, 2018, 02:48:34 PM |
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Bitmain stupid bastards. PEace of shit. Fuck them deep. I bought two L3+ for 3500$ each in november 2017..
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vincl
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November 03, 2018, 05:54:31 PM |
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Bitmain stupid bastards. PEace of shit. Fuck them deep. I bought two L3+ for 3500$ each in november 2017..
nobody forced you to buy
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minefarmbuy
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We are not retail.
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November 03, 2018, 09:23:46 PM |
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Anyone who bought Q4'17 and Q1'18 got raped. Myself included, just have to learn from it. Bulk up during bear.
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mettalmag
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≡v≡
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November 03, 2018, 09:44:36 PM |
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there will be new batches of new models soon very very soon so they are dropping their old equipment for people with free electricity I guess I had couple customers taking my old batch S9s L3s and even D3 recently after asking them why the answer was same - free electricity
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adaseb
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November 04, 2018, 12:10:57 AM |
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The labour is basically very cheap in China when they are going thru the hassle of actually selling these things, packaging them up and shipping them.
If this was an American company, they probably would of sold them for scrap and got their accountant to write them off as a loss somehow.
No idea if they switched industrial case fan manufacteurs but I am pretty sure that 2 of those fans alone cost more than $39 USD in the retail market.
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xxxABJxxx
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November 04, 2018, 01:21:20 PM |
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Presumably, new devices will soon be on the market
See Difficulty change in 15 days:
10/19/2018 75,613,129.05108766 to 11/03/2018 123,796,387.46909369
The manufacturer uses at the moment the miners and sells them later as new.
If you are lucky, the miner run years without problems.
4 of 5 my Antminer D3´s were partially defective within 180 days.
It only deserves the manufacturer. That will never change.
I do not buy miners anymore.
If you go for it, you assume that the price of the coin goes up.
Then you can buy the coins without the whole effort and the fear that the device is defective at some point.
At Bitmain, you can assume that: - The miner is perhaps needed. - Parts will eventually break and you have to pay for shipping costs. - That you have very bad service. - If you reclaim a miner. You become a koroded miner as a replace Miner.
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yrk1957
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November 04, 2018, 04:02:35 PM |
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Presumably, new devices will soon be on the market
See Difficulty change in 15 days:
10/19/2018 75,613,129.05108766 to 11/03/2018 123,796,387.46909369
I think that’s mostly due to SPx36 (540GH/s).
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shaninium
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November 04, 2018, 05:15:29 PM |
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Bitmain are clearing house, new x11 and scrypt miners just around the corner..Hopefully
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minefarmbuy
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We are not retail.
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November 04, 2018, 06:09:32 PM |
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Hopefully there are new units coming. Imagine they're trying to soften the blow to their over forecast on budgeting still.
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