Topic: BAIKALMINER Giant-N cryptonight 20000h/s 60watt (Read 1911 times)

So next time you will listen when I am saying this is a SCAM miner,,,, BAIKAL NEW that BAIKAL N will not have any ROI but they just sold it by playing stupid that they never read about cryptonight fork....

CONGRATS BAIKAL

BAIKAL why don't you release the frameworks updates for BAIKAL X10 and BAIKAL B for people to make a nice profit of $300/day how you do today ?
Why you mine hidden in 6 Algos ? why ?

The biggest problem with the Cryptonight ASICs is that they are just door stopper. I think you all forgott about the low power consumption. With 60Watts you wont even heat your room in winter. My Antminer D3s are way better heating up room and in elec. coasts just a little bit more expensive and louder then a normal heater.

So if you looking for heater i would prefer the good looking and well designed Bitmain heater instead of Baikal (more power consumption).

Summary:

Baikal
+door stopper
+lowest price
-no heating function

Bitmain
+heater
+door stopper
~medium price

Innosilicon
+ door stopper
+ heater
- highest price
+ cool blue logo

E3 Miner Antminer
+heater
+at least minimal profit (lets wait what the eth devs say tomorrow about a fork?)
+low price

For everyone who buys ASICs is as uninformed as i was when i bought my D3s. Everyone has to learn by paying nothing is for free.
I bought 11 D3s by the way after 2 Months running, 5 hashboards stopped working and 7 with negative profit. Maybe i should have also listened to the 1000 negative ratings on Facebook and Bitcointalk about Bitmain and co.

@Baikal ,please reply to me:

"Dear Baikal: I had buy the first 'Giant-N' for 3600 usd / 1pcs. I think it is too expensive for those who have buy your company's first product ( Giant-N ):03/12/2018.
Why the second order price is only 1900usd / pcs?It is very unfair for the first buyer a few days away. The first customer to take too much risk: 3600usd / 1pcs.
So I lost much money about it. 4pcs ( 3600*4)=14400usd/4pcs.
I want you explain about it,Thanks Baikal.."

Did you learned now to don't invest to SCAM schemes ?

Listen to that: By don't buy BAIKAL miners you earn more by keeping the money in coins ....

When BAIKAL will learn to respect their clients the developers will support them and they will let the algos to them for mining .... by SCAMMING people no DEVELOPER will support them.
They came with a price $3600 for batch 1 and if the Monero was doubling in price then their batch 2 would be $5000 ... do you understand how they are thinking ?
They just want your cash !!!

The DEVELOPER HAS MORE POWER THAN AN ASIC COMPANY THINK ABOUT IT !!!

Maybe you learned your lesson.  Don't buy these ASICS and support scum companies.  Good luck.

This ASIC will become a very expensive door stop and heater!
Just want to see how far it can goes from now on.
Reminder, (almost) all cryptonight based coin will change algo this Friday. It means this ASIC and Bitmain ASIC will *not* work anymore. Be safe guys! ;-)

Dear Baikal: I had buy the first 'Giant-N' for 3600 usd / 1pcs. I think it is too expensive for those who have buy your company's first product ( Giant-N ):03/12/2018.
Why the second order price is only 1900usd / pcs?It is very unfair for the first buyer a few days away. The first customer to take too much risk: 3600usd / 1pcs.
So I lost much money about it. 4pcs ( 3600*4)=14400usd/4pcs.
I want you explain about it,Thanks Baikal..

the ones, who don't have knowledge but a lot of money

If that can only run profitably for 2-4 weeks due to the change of PoW, who would buy?

They will deliver your doorstop don't worry the point is that it will only mine for 2 weeks then it goes to the door work ....
SO I CALL THIS SCAM or you want them to come to steal money directly from your wallet ?
Open your eyes and face it BAIKAL is not like at the past and they get pressure from their competitor
ASIC companies want to make cash and they don't care about their clients face it ....

Well...my situation (with fed/soc sec and state tax) a tax bill of 50% ..so 1/2 my mining is going to the tax man (that is high, last year it was 41% but I can't afford
to learn excel, get a bookeeper..keep calling my CPA (that is 2k gone last year with taxes done) etc....so the overage of 9% I can apply to my home biz health insurance
(all can be written off in 2019) if I have extra.....simple/stupid/but works (already set aside this years health insurance monthly payments)


THUS my point:

IF I'm looking at around 50% going to the tax man anyway..plus the concentrated equipment deduction allowed on equipment from 5 years to 1 year....or 25% off on
equipment above as applied to taxes I know I'm gonna pay anyway

my risk is 25% over the 50% above (ballpark) set aside for the tax man etc, etc (in my simple-minded tax plan....hey worked last year...thus this years health insurance paid)


So, I can't see getting this EVEN with the above perk (not at a 10 count)

NOW, with the above, I MIGHT get ONE...but look at my logic above...not a lot of risk getting one in my case

but from the NOISE on how all the coins effected are screaming they are gonna FORK not sure that kite flies either

So, essentially if I did not have to go thru the hassle and say had a couple guys getting these and I could grab ONE maybe (for giggles)

in that, I've had very little success with Baikal and ordering and all that plus the 10 min order

but really, I'm looking at this and for the most part going NAH!

So those not in my mining/equip/revenue situation and paying 75% in real crypto of fiat for a chance at a 25% equipment deduction this year IF YOU PAY TAXES on crypto...

it just looks lame...so to those not kinda caught in the 'damn I need equipment crosshairs" I am (till my scrypt-pow machines become doorstops)

RUN AWAY..is my advice, especially if it is gonna be FORK city and F*ck the ASIC's with these units..unless you are like me and want to play flip a coin..

(so badly need toys, so badly can't justify any)

It would make sense at a reasonable $1188,- pricepoint, similar to where their first batch of X10 was released for and in line with the pricing of the X3.
Expecting a price drop soon.

Don't be an @ss.   I didn't buy the Giant N,,,, but you are essentially asking people how it feels to be punched in the stomach.

I’m staying away from anything that’s not BTC and Scrypt ASICS and GPU mining for the time being. Incredibly risky times right now for buying miners of any sort, and it seems Bitmain’s releasing new gear left and right and profitability on those miners drops like a rock after the initial batch. Pricing of miners doesn’t help either.

Agreed

This whole Cryptonight algo ASIC miner battle and miner prices are just crazy, I might stay away from this.

I mean, with only 60W power consumption this Baikal miner would've been a fun gear to have a look at but the price and MOQ doesn't make sense to me.

I wonder how people that already paid a fortune for this thing feel now that bitmain came out with 10x the hashrate...

Asics are a cancer to crypto world

Overreact much ?

Yes there is a need for some more useful and profitable CPU coins no doubt, GPU mining is still relatively ascceaible to most folks interested in mining to various extents so
no reason to lump it in with ASIC miners.

The problem with ASICS is you CANNOT BUY them when they are most profitable to use , Bitmain and baikal use them for themselves for months on end and when they have destroyed any kind of profitability they sell them to us at the tail end.

that is the problem.  EVen if they did offer the asics for sale when they BUILT them , the prices would make buying prohibitive in any case.

Asics are the problem not GPUs

This......