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Topic: Antminer D3's will be obsolete by June 2018 - page 2. (Read 2988 times)

legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
September 20, 2017, 08:45:34 AM
#7
Sounds roughly right, maybe even too optimistic, just looking at the difficulty chart of Dash: https://bitinfocharts.com/comparison/dash-difficulty.html

There are just too many ASIC coming out - BitMain (15Gh/s), iBelink (10.8Gh/s), PinIdea (17Gh/s), Innosilicon (30.2Gh/s).
member
Activity: 112
Merit: 10
September 19, 2017, 09:31:30 PM
#6
Thanks for reply but to answer someone's statement, yes, I did factor in price rising but the only thing I did not factor was price falling and Hashrate dropping due to price drop and miners no longer mining it.

Just to get a quick poll, has anyone even purchased anything with Dash using DarkSend(Private Send), I don't know anyone who has and I know quite a few ppl in the crypto space.

The only thing I use Dash for is trading in and out of it.  Honestly, I use BTC (super slow), LTC (very fast), ETH (super slow) to make purchases.  Most merchants don't even know about Dash and I live in the NYC area, which is the largest crypto adoption area in the country.  Maybe companies like Tenx (PAY) and Centra will benefit from it but that's really all I see for now.

I have used VCASH for very small transactions and I must say I was very impressed with the speed of transaction, super fast.
legendary
Activity: 3752
Merit: 1415
September 19, 2017, 08:49:59 PM
#5
To all,

I have calculated that it no longer makes sense to buy anymore Antminer D3's or any other Dash mining equipment because they amount you get per day will $2/day by June 2018.


My calculation is based on the current rate of growth and factors in $0.18/kwh.

So buyer beware unless they come out with a new miner of 100GHS @ 1200watt, then you can make a little money per day but just know when buying these miners, you have to be within the first 3 batches to make money for 6 months and then its over.

Not saying buyer beware but buyer be educated!


I get your point but quoting per day statistics 10 months out does not work here.  I'm not saying it will be better but telling people it will make $2 per day is baseless.  Hardware could be stale and dash price rockets or other way around newer greater stuff will come out and dash sinks and these won't even squeeze out a penny a day.

youre not factoring in price rising

I said it could go either way, but you can't assume price just automatically goes up like it's a given.  Was just stating that figuring out a current miners daily take for 10 months from now is impossible.
full member
Activity: 1148
Merit: 132
September 19, 2017, 08:32:17 PM
#4
To all,

I have calculated that it no longer makes sense to buy anymore Antminer D3's or any other Dash mining equipment because they amount you get per day will $2/day by June 2018.


My calculation is based on the current rate of growth and factors in $0.18/kwh.

So buyer beware unless they come out with a new miner of 100GHS @ 1200watt, then you can make a little money per day but just know when buying these miners, you have to be within the first 3 batches to make money for 6 months and then its over.

Not saying buyer beware but buyer be educated!


I get your point but quoting per day statistics 10 months out does not work here.  I'm not saying it will be better but telling people it will make $2 per day is baseless.  Hardware could be stale and dash price rockets or other way around newer greater stuff will come out and dash sinks and these won't even squeeze out a penny a day.

youre not factoring in price rising
legendary
Activity: 3752
Merit: 1415
September 19, 2017, 08:13:37 PM
#3
To all,

I have calculated that it no longer makes sense to buy anymore Antminer D3's or any other Dash mining equipment because they amount you get per day will $2/day by June 2018.


My calculation is based on the current rate of growth and factors in $0.18/kwh.

So buyer beware unless they come out with a new miner of 100GHS @ 1200watt, then you can make a little money per day but just know when buying these miners, you have to be within the first 3 batches to make money for 6 months and then its over.

Not saying buyer beware but buyer be educated!


I get your point but quoting per day statistics 10 months out does not work here.  I'm not saying it will be better but telling people it will make $2 per day is baseless.  Hardware could be stale and dash price rockets or other way around newer greater stuff will come out and dash sinks and these won't even squeeze out a penny a day.
newbie
Activity: 2
Merit: 0
September 19, 2017, 08:05:59 PM
#2
Your power cost is high, i get power at $0.035
member
Activity: 112
Merit: 10
September 19, 2017, 06:47:59 PM
#1
To all,

I have calculated that it no longer makes sense to buy anymore Antminer D3's or any other Dash mining equipment because they amount you get per day will $2/day by June 2018.


My calculation is based on the current rate of growth and factors in $0.18/kwh.

So buyer beware unless they come out with a new miner of 100GHS @ 1200watt, then you can make a little money per day but just know when buying these miners, you have to be within the first 3 batches to make money for 6 months and then its over.

Not saying buyer beware but buyer be educated!
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