murgorx
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Merit: 13
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December 23, 2020, 09:50:35 AM |
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I guess the founders are just trying to dump these "insanely" profitable miners on the "unexperienced" miners and new noobs before the higher DAG hits and these become obsolete.. looks like a completed exic scam to me lol
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Marvell2
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December 24, 2020, 09:41:25 AM |
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From Coindesk:
The Ethereum network’s directed acyclic graph (DAG) – a component of Ethereum’s PoW algorithm called Ethash – stands at just under 4 gb, while each Linzhi Phoenix only has a 4.4 GB memory. The incumbent A10, on the other hand, can house between 6 and 8 gigabytes, F2 Pool says.
So, it only has 4.4GB.. Its been mining for years then if that's the case, they wouldn't build that in 2020 with that small amount of RAM.
they tipped their hands with the 4.4 gig ram lol, these machines are years old obviously
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batsonxl
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Activity: 1196
Merit: 26
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December 24, 2020, 11:52:16 AM |
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From Coindesk:
The Ethereum network’s directed acyclic graph (DAG) – a component of Ethereum’s PoW algorithm called Ethash – stands at just under 4 gb, while each Linzhi Phoenix only has a 4.4 GB memory. The incumbent A10, on the other hand, can house between 6 and 8 gigabytes, F2 Pool says.
So, it only has 4.4GB.. Its been mining for years then if that's the case, they wouldn't build that in 2020 with that small amount of RAM.
they tipped their hands with the 4.4 gig ram lol, these machines are years old obviously Yep it is old and was mining till now secretly, they did not sell it to public because it was profitable for them to mine also it could make scandal. i told before more scary part is what they using right now? what speed what asic? eth is last coin which brought us some money after they kill it i dont know mining will be dead too.
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Philipma1957cellphone
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December 24, 2020, 01:24:11 PM |
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Why would they sell them if they exist?
This is exactly correct.
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This is philipma1957 alt. Do not conduct business with this account
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fmz89
Legendary
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Activity: 1766
Merit: 1002
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December 24, 2020, 01:30:54 PM |
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I will write the latest information from the telegram (this information may be rumors !!)
ASIC name: LINZHI Phoenix E2600M Price: RMB 84,000 (12840 dollars) Sales date: March - April 2021
Follow the information on the Internet, or do you think this video is fake?
i wont buy door stopper or museum hardware nor got scammed by miner asic manufacture stay on gpus and life longer for other algos and just for hoobies, heater, silent breaker lol... because my house pretty quite
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Philipma1957cellphone
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December 24, 2020, 01:38:33 PM |
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Also a lot depends on Your power cost.
Say these exist you pay and wait 100 days.
They go out and build newer versions with your money.
Maybe three to five units with 6 or 8 gb.
Takes them a month . They now mine with the one you paid for for 70 days. And have multiple improved models added with the cash. So what happens. They score.
Only mentally ill people would buy this. Unless it was three day ship time.
Besides it is 12000 usd plus shipping and maybe trump r Tax to usa. Makes it a 15k item that does not show up until april.
AMD 5700xt is say 400 you can get 30 for 12k and do 1500 hash for 3000 watts.
All on warranty. 3000 in cash left over. Pays for 30000 kwatts of ten cent power.
You use 120 kwatts a day with 30 5700xt units. So your power would be paid for 250 days.
I purchased three 5700xts this week for 1200. I know I can get 30 by the 1st of feb.
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This is philipma1957 alt. Do not conduct business with this account
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miner29
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December 24, 2020, 04:59:55 PM |
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Explains why the hash grew so much in 2019....
A new coin that's captured my interest that doesn't suffer from centralization.
shit link removed
No body cares about your shit coin.
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heavyarms1912
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December 24, 2020, 06:33:07 PM |
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Only 4.4GB RAM, door stopper in few months.
Linzhi dumping its gear after self-mining for an year I guess.
Because they want it to obsolete sooner than later so that you'll have to buy a new one
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safar1980
Legendary
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Activity: 1722
Merit: 1620
#SWGT CERTIK Audited
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December 25, 2020, 12:02:36 PM |
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Only 4.4GB RAM, door stopper in few months.
Linzhi dumping its gear after self-mining for an year I guess.
Isn't it more profitable to add memory and continue mining? Why can't these ASICs be made with 6 or 8 GB memory for yourself?
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Marvell2
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December 26, 2020, 12:37:49 AM |
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Also a lot depends on Your power cost.
Say these exist you pay and wait 100 days.
They go out and build newer versions with your money.
Maybe three to five units with 6 or 8 gb.
Takes them a month . They now mine with the one you paid for for 70 days. And have multiple improved models added with the cash. So what happens. They score.
Only mentally ill people would buy this. Unless it was three day ship time.
Besides it is 12000 usd plus shipping and maybe trump r Tax to usa. Makes it a 15k item that does not show up until april.
AMD 5700xt is say 400 you can get 30 for 12k and do 1500 hash for 3000 watts.
All on warranty. 3000 in cash left over. Pays for 30000 kwatts of ten cent power.
You use 120 kwatts a day with 30 5700xt units. So your power would be paid for 250 days.
I purchased three 5700xts this week for 1200. I know I can get 30 by the 1st of feb.
why buy 5700s anymore, wait for 3060 ti to become comin stock , i know hasrate and power is close i guess
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Marvell2
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December 26, 2020, 12:39:04 AM |
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Only 4.4GB RAM, door stopper in few months.
Linzhi dumping its gear after self-mining for an year I guess.
Isn't it more profitable to add memory and continue mining? Why can't these ASICs be made with 6 or 8 GB memory for yourself? it’s impossible see et E3 you have to desolder ram chips bank by bank would take ages, 128 solder spots or something per board
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philipma1957
Legendary
Online
Activity: 4116
Merit: 7849
'The right to privacy matters'
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December 26, 2020, 04:37:01 AM |
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Also a lot depends on Your power cost.
Say these exist you pay and wait 100 days.
They go out and build newer versions with your money.
Maybe three to five units with 6 or 8 gb.
Takes them a month . They now mine with the one you paid for for 70 days. And have multiple improved models added with the cash. So what happens. They score.
Only mentally ill people would buy this. Unless it was three day ship time.
Besides it is 12000 usd plus shipping and maybe trump r Tax to usa. Makes it a 15k item that does not show up until april.
AMD 5700xt is say 400 you can get 30 for 12k and do 1500 hash for 3000 watts.
All on warranty. 3000 in cash left over. Pays for 30000 kwatts of ten cent power.
You use 120 kwatts a day with 30 5700xt units. So your power would be paid for 250 days.
I purchased three 5700xts this week for 1200. I know I can get 30 by the 1st of feb.
why buy 5700s anymore, wait for 3060 ti to become comin stock , i know hasrate and power is close i guess Cause I get the 5700's in under 1 week. and have 45 days to return them. Which means I mine when prices are good. And I can return cards if there is a huge crash.
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philipma1957
Legendary
Online
Activity: 4116
Merit: 7849
'The right to privacy matters'
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January 09, 2021, 01:48:16 PM |
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Also a lot depends on Your power cost.
Say these exist you pay and wait 100 days.
They go out and build newer versions with your money.
Maybe three to five units with 6 or 8 gb.
Takes them a month . They now mine with the one you paid for for 70 days. And have multiple improved models added with the cash. So what happens. They score.
Only mentally ill people would buy this. Unless it was three day ship time.
Besides it is 12000 usd plus shipping and maybe trump r Tax to usa. Makes it a 15k item that does not show up until april.
AMD 5700xt is say 400 you can get 30 for 12k and do 1500 hash for 3000 watts.
All on warranty. 3000 in cash left over. Pays for 30000 kwatts of ten cent power.
You use 120 kwatts a day with 30 5700xt units. So your power would be paid for 250 days.
I purchased three 5700xts this week for 1200. I know I can get 30 by the 1st of feb.
why buy 5700s anymore, wait for 3060 ti to become comin stock , i know hasrate and power is close i guess Its all about getting the gear. I have a new space I can fit 50 mobos into it. Actually more like 100 mobos amd 5500 xt amd 5600 xt amd 5700 xt nvidia 3060ti nvidia 3080 all of the above are good enough for my power deal. So whatever I can get close to oem price, I get. For me getting legit items with real warranties = very important. I have a sweetheart power deal. Locked warehouse with security. In a world of magic where I get everything I want, I would take all 3060ti put 3 on a Onda d1800 board and squeeze in a short 1660ti . The board would do 3x60 = 180 + 27 = 207mh at 500-525watts I would run it with: seasonic focus psu 850 watt or corsair rm850x psu with a stick of 8gb samsung ram I would hook up 6 to a digital logger ethernet control switch so they could power on and off from my house 65 miles away. I would add 12 rigs every 2 weeks . but I can't get the parts. I would buy a few of the op's asic rigs listed here if I got them in hand by feb 1st and prices were good. I think we could be good for most of this year price wise.
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batsonxl
Member
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Activity: 1196
Merit: 26
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January 09, 2021, 02:24:09 PM |
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Only 4.4GB RAM, door stopper in few months.
Linzhi dumping its gear after self-mining for an year I guess.
Isn't it more profitable to add memory and continue mining? Why can't these ASICs be made with 6 or 8 GB memory for yourself? Because ram chips are expensive. not many can produce it. so manufacture calculates their own profit and do it in minimal and they afraid of pos stuff happens. and also it is good for business to sell asics again, there will not be very promising making asic that will last 10years, people who got your money they will be back again for more money. You are consumer your view is 180 degres different which is sellers view.
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yxt
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Activity: 3528
Merit: 1116
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January 31, 2021, 02:17:20 PM |
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only real is: linzhi.io https://t.me/LinzhiCorphttps://t.me/LinzhiCorp_NewsEVERYTHING ELSE is fake and you will get scammed. They currently have NOTHING to sell. No devices, no samples, no pre-orders
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Mondi8385
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Activity: 2
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February 03, 2021, 05:59:35 PM |
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One month pass, something new?
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FP91G (OP)
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Merit: 1035
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February 04, 2021, 12:45:06 PM |
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One month pass, something new?
Did you calculate the profit from these ASICs? $ 345 per day without electricity bills. I wouldn't sell such equipment now. When the price of Ethereum falls, there will be a lot of mining equipment on the market.
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philipma1957
Legendary
Online
Activity: 4116
Merit: 7849
'The right to privacy matters'
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February 04, 2021, 12:54:40 PM Last edit: February 04, 2021, 01:05:43 PM by philipma1957 |
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One month pass, something new?
Did you calculate the profit from these ASICs? $ 345 per day without electricity bills. I wouldn't sell such equipment now. When the price of Ethereum falls, there will be a lot of mining equipment on the market. eth is paying 10.41 cents a mh so 2600 x 10.41 = 270 or so. biggest problem with these is speed of delivery and of course how many do they have to sell. will they jump the diff too much. https://etherscan.io/chart/hashratenetwork hash is up to 359 th eth is at 1638 fees are nuts. at viabtc you get 172% a block after viabtc takes their cut. so eth is really like 1638 x 1.72 = 2817 if you are mining it. viabtc's payout works as low as 96.2% per block if fees are tiny and it goes as high as fees are for the daily block average. I have earned as low as 96.2 % on my eth payouts and this 172% is the best I ever did. So buying this gear is a gamble as it profit window ends not later then Oct. It is now feb if you get it march 1 7 months is 210 days 210 x 270 = 56,700 But if you get it May 1 150 x 270 = 40,500 if eth tanks that 40,500 could be way lower. It is an interesting bet I won't take the bet. But good luck to any one that takes it.
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FloppyPurpleGherkin
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February 04, 2021, 01:16:23 PM |
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Current DAG calcs predicts DAG will exceed 4.4GB on July 20th 2021.. I suspect that will be more like end of June or very early July 2021 in reality.
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Mondi8385
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February 04, 2021, 10:07:53 PM |
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Maybe there is an ram hardware update to 5/6GB.
Or you can use it for an other altcoin ( like e3 for etc) it can be still profitable. Depends on price of the miner.
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