3 new Bitmain products D5, DR5, S11

[btc2017btc2017]

3 new Bitmain products. S11 may not appear on the international site because of limited quantities

Source: https://www.facebook.com/CryptoMinerUK/posts/352114475336716

[netto7]

it good to buy ASIC in Bear market?

[btc2017btc2017]

Maybe, if the bitcoin values goes up then you'll be laughting

[leowonderful]

The current profitability values for these miners on ASICMinerMarket are now available at the following links:

DR5
D5
S11 not yet up

The D5 seems pretty poorly priced at $1200 considering the break even period with current cryptocurrency prices and difficulties means the break-even period of the machine's over 1 year. The DR5 seems promising, but it's possible that if Bitmain releases a large batch, difficulty and also profitability will fall, though the miner profitability is currently under a year for most people. Profitability's been declining on Blake256R14 for quite some time as well.

[mikeywith]

Think 10 times before giving your money to bitmain, if history keeps repeating itself, you are never going to ROI.
always keep in mind that whatever you see on the profit calcs is not REAL. the moment you get the miner "as many others do" the difficulty will sky rocket and your only bet will be on the price of the coin you mine. just my 2 cents.

[yrk1957]

The current profitability values for these miners on ASICMinerMarket are now available at the following links:

DR5
D5
S11 not yet up

The D5 seems pretty poorly priced at $1200 considering the break even period with current cryptocurrency prices and difficulties means the break-even period of the machine's over 1 year. The DR5 seems promising, but it's possible that if Bitmain releases a large batch, difficulty and also profitability will fall, though the miner profitability is currently under a year for most people. Profitability's been declining on Blake256R14 for quite some time as well.

Considering that Spoondles is selling 550Gh/s for $15000, D5 is cheap relatively.

[netto7]

Think 10 times before giving your money to bitmain, if history keeps repeating itself, you are never going to ROI.
always keep in mind that whatever you see on the profit calcs is not REAL. the moment you get the miner "as many others do" the difficulty will sky rocket and your only bet will be on the price of the coin you mine. just my 2 cents.

history keeps repeating itself who rich form buying ASIC.

it is BITMAIN not ASIC BUYER

[vincl]

The current profitability values for these miners on ASICMinerMarket are now available at the following links:

DR5
D5
S11 not yet up

The D5 seems pretty poorly priced at $1200 considering the break even period with current cryptocurrency prices and difficulties means the break-even period of the machine's over 1 year. The DR5 seems promising, but it's possible that if Bitmain releases a large batch, difficulty and also profitability will fall, though the miner profitability is currently under a year for most people. Profitability's been declining on Blake256R14 for quite some time as well.

Considering that Spoondles is selling 550Gh/s for $15000, D5 is cheap relatively.

not really. you have to count efficiency, too. bitmains release is far ahead from spondoolies and they couldnt beat them.

it depends on your electricity rate, in the long run spx may be the better choice (consider the lowered price of about 10000 USD).

[Etherion]

Warning! Bitmain pumps a coin before they release the first batch to increase the demand for there asic.  They also mine with there gear for months as "Burn in testing"

take a look at 16 October 2017 on https://etherscan.io/chart/difficulty and remember that E3 shipped shortly afterwards. so they started "Testing" from the 10th July. So those that bought bath 1 got gear that was mind with for 2-4 months.

[astraleureka]

Considering that Spoondles is selling 550Gh/s for $15000, D5 is cheap relatively.

They're going for around $11k now, and they're more than twice as efficient. Given expensive power, the SP is a better choice. If your power is cheap or free, D5 is a better choice. Regardless of either, I don't consider mining X11 to be a good idea AT ALL. DASH is indeed pumped by Bitmain and has little real backing.

take a look at 16 October 2017 on https://etherscan.io/chart/difficulty and remember that E3 shipped shortly afterwards. so they started "Testing" from the 10th July.

You are wrong. Bitmain did not even ship their G2 miner (GPU based) until December 2017, and it only did 220MH/s at 5.5 J/MH. The E3 shipped in July 2018, and it only does 190 MH/s at 4 J/MH, a tiny improvement. Considering the DRAM requirements and shortage of available parts during the late 2017 - early 2018 timeframe, I don't suspect that other manufactuers (e.g. Innosilicon) had working parts during this time either.

Anyway, if there were any groups doing secret mining, they haven't released their miners. Inno and Bitmain are the only groups that have released their parts publicly, and only Innosilicon's are a marked improvement over GPUs (1.8 J/MH, 485 MH/s).

[swogerino]

Buying miners from Bitmain is a risky business at least. Usually they sell a lot of machines and this leads inevitably to difficulty going up and profit down. I have seen many friends lose money with Antminer D3 and L3 plus and I think the same story is being repeated right now with Z9 miner.

I would never invest in a device which after a few months will be only good as a space heater. I don't buy space heaters at above 1000 dollars thoug.

[coinut]

I can't get excited about any Bitmain miners, the supply of them is just too great that you can not make your capital back before the miner is costing more to run than output.

and If you do you are going to rely on the market going up to make profit you should of just held onto the crypto and not deal with the noise and power.

I understand big farms with dirt cheap power will buy them, but it could get to the point that even these farms will do all this pow work and then have to sink all the earnings after power back into the latest miner when it comes out..

at that point all you are doing is mining for bitmain period.