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Author Topic: Yes, after starting mining with KS3, my 10 units of KS0 are on their way.  (Read 159 times)
Ekaterinaaaa (OP)
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August 14, 2023, 01:33:42 PM
 #1

I will receivethem as scheduled. Grin Grin
sxemini
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August 15, 2023, 11:58:29 AM
Last edit: August 15, 2023, 12:44:04 PM by sxemini
 #2

I will receivethem as scheduled. Grin Grin


Are you prepared for loosing money? I hope

Hashrate and difficulty will rise 10x until the end of the year and the rewards for KS0 go down to $0.7 and for the KS3 it go down to $50 a day.
KS0 dropped from $15 to $7 in the last 5 days. Same for KS3.

I warned very often, but as always, people don´t care about it.
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August 15, 2023, 05:50:54 PM
Merited by sxemini (1)
 #3

Are you prepared for loosing money? I hope

Hashrate and difficulty will rise 10x until the end of the year and the rewards for KS0 go down to $0.7 and for the KS3 it go down to $50 a day.
KS0 dropped from $15 to $7 in the last 5 days. Same for KS3.

I warned very often, but as always, people don´t care about it.


Most of these people (newbies who only care about profitability) are only interested in the daily profits that they see on calculators like in "asicminervalue.com," but they don't realize that once these units are released and start operating, the difficulty will skyrocket.

@OP if you are making a profit right now I suggest before the price of the coin drop exchange it to stable coin like USDT to secure your profit.

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sxemini
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August 16, 2023, 09:56:24 AM
 #4

Are you prepared for loosing money? I hope

Hashrate and difficulty will rise 10x until the end of the year and the rewards for KS0 go down to $0.7 and for the KS3 it go down to $50 a day.
KS0 dropped from $15 to $7 in the last 5 days. Same for KS3.

I warned very often, but as always, people don´t care about it.


Most of these people (newbies who only care about profitability) are only interested in the daily profits that they see on calculators like in "asicminervalue.com," but they don't realize that once these units are released and start operating, the difficulty will skyrocket.

@OP if you are making a profit right now I suggest before the price of the coin drop exchange it to stable coin like USDT to secure your profit.

I know, i made a similar mistake with an Dash Miner D3 in the beginning of my journey, but the overall loose for me was $200 at the end.
And now after 7 years of experience i warned very often -> don´t fall into this trap, if something sounds to good to be true than it isn´t true or it is too late for you.
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August 16, 2023, 11:16:51 AM
 #5

I will continue to follow this event with popcorn
https://www.hashrate.no/asics/ks3
https://2miners.com/kas-network-difficulty
By a large increase in the complexity of mining and a daily decrease in profit, it is clear that new ASICs are constantly arriving in the mining of this coin. There are no other alternatives to mining on these ASICs. In a month, the profit will be $ 100 from ASIC. Asics for bitcoin at this purchase price will be better.

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arielbit
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August 16, 2023, 11:19:58 AM
Merited by FP91G (1)
 #6

LOL, manufacturer pump coin to sell asics.

Miners keep calculating hashrates and difficulties, but keep in mind the manufacturer who pumped has to sell too hehehe, the dump is much much worse than mining difficulty LOL
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August 16, 2023, 11:40:42 AM
 #7

LOL, manufacturer pump coin to sell asics.

Miners keep calculating hashrates and difficulties, but keep in mind the manufacturer who pumped has to sell too hehehe, the dump is much much worse than mining difficulty LOL
What you are talking about will be "the final nail in the coffin" (C), but for now it is likely that ASIC sales are more profitable and ASIC manufacturers will maintain the price of their coin until they sell all ASIC batches that they produced for this purpose. Soon many beginners will regret buying these ASICs, but they will get a good experience.

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BitMaxz
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August 16, 2023, 01:20:32 PM
Merited by sxemini (1)
 #8

I know, i made a similar mistake with an Dash Miner D3 in the beginning of my journey, but the overall loose for me was $200 at the end.
And now after 7 years of experience i warned very often -> don´t fall into this trap, if something sounds to good to be true than it isn´t true or it is too late for you.


I was in the same situation before I got D3 units not directly from the manufacturer, but through someone who sells 2nd hand/used units. I never made a profit, so I made the choice to sell it to others at a low price with a negative return. The profitability of this unit before is very attractive forcing you to buy it.

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FP91G
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August 17, 2023, 04:30:23 PM
 #9

LOL! Profit on this ASIC ANTMINER KS3 drops by $40 over the last day.
Profit at an electricity price of 5 cents, it was probably worth keeping this table earlier, when the profit was more than $ 2,000 per day.

August 17   $512.59

I will try to update this data several times a week.

I changed my mind, there are already good statistics Smiley
https://www.asicminervalue.com/miners/bitmain/antminer-ks3-8-3th

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sesterceshop
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August 18, 2023, 12:51:03 PM
 #10

@OP, heed these warnings and take action. The rapid rise in hashrate and mining difficulty coupled with decreasing rewards is a clear signal of diminishing profitability. Convert your earnings into a stablecoin to secure your profits. Don't fall into the trap of focusing solely on daily profits; long-term sustainability matters. Reevaluate your mining venture before the situation worsens.
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August 18, 2023, 07:03:30 PM
 #11

@OP, heed these warnings and take action. The rapid rise in hashrate and mining difficulty coupled with decreasing rewards is a clear signal of diminishing profitability. Convert your earnings into a stablecoin to secure your profits. Don't fall into the trap of focusing solely on daily profits; long-term sustainability matters. Reevaluate your mining venture before the situation worsens.
I don’t even know what to advise those who bought these ASICs, the mining difficulty is growing strongly and the profit drops by 30-60 dollars every day. We'll come back to this conversation in a week. It is difficult to sell these asics now, because a smart miner just needs to look at the chart, the link to which can be found in my previous post.

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