Bitmain Antminer X3 -- 220KH+ Cryponight - 550W - page 44.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: vlad230 on March 15, 2018, 03:17:07 AM

It's interesting how some news of hard forking coins to prevent ASICs from mining brings out all of the secret ASICs on the market.

You must be a fool to buy an ASIC right now, they milked all the coins while they could and now they're trying to make a profit by reselling them too.

I wonder how log they have been using them before putting them on the market? What kind of profits did they pull from mining?

I wonder why they weren't selling any of their stuff to the community if Bitmain was such a nice guy. They want to hack and own any crypto network out there.

If you ask them they'll tell you that they are the biggest fans of decentralization. Grin

coinbasedgod

newbie

Activity: 11

Merit: 0

Quote from: Prelude on March 15, 2018, 04:19:45 AM

Quote from: coinbasedgod on March 15, 2018, 04:18:16 AM

Will Electroneum also change their Algo? Seems like theres 6 coins that are currently more profitable to mine based on https://minecryptonight.net/

I have 2 purcahsed I can USD wire for tmmrw for but am hella nervous lol

Listen to me right now.. You're about to throw away a huge sum of money to feed Chinese scammers. DO NOT BUY THESE!!!!

No coin besides Monero could absorb the power of these ASICs. They're as good as dead if they don't switch. They just need Monero to do it first since most devs are too dumb.

You've been warned.

batch one is sold out! I sold 4x A3s for 6K when they first dropped and kept one and got my ROI, so idk might be a good investment to flip at least if not mine other coins then XMR?

*EDITmaybe just to flip lol

adaseb

legendary

Activity: 3808

Merit: 1723

Wonder why they called it X3 why not M3 since it's used to mine Monero just like the D3 and L3.

Goool

jr. member

Activity: 182

Merit: 2

Quote from: coinbasedgod on March 15, 2018, 04:18:16 AM

Will Electroneum also change their Algo? Seems like theres 6 coins that are currently more profitable to mine based on https://minecryptonight.net/

I have 2 purcahsed I can USD wire for tmmrw for but am hella nervous lol

Better order S9 to be safe or if you have a chicken that makes gold eggs then wire them for X3 ...

Prelude

legendary

Activity: 1596

Merit: 1000

Quote from: coinbasedgod on March 15, 2018, 04:18:16 AM

Will Electroneum also change their Algo? Seems like theres 6 coins that are currently more profitable to mine based on https://minecryptonight.net/

I have 2 purcahsed I can USD wire for tmmrw for but am hella nervous lol

Listen to me right now.. You're about to throw away a huge sum of money to feed Chinese scammers. DO NOT BUY THESE!!!!

No coin besides Monero could absorb the power of these ASICs. They're as good as dead if they don't switch. They just need Monero to do it first since most devs are too dumb.

You've been warned.

coinbasedgod

newbie

Activity: 11

Merit: 0

Will Electroneum also change their Algo? Seems like theres 6 coins that are currently more profitable to mine based on https://minecryptonight.net/

I have 2 purcahsed I can USD wire for tmmrw for but am hella nervous lol

Goool

jr. member

Activity: 182

Merit: 2

Quote from: Apprentice on March 15, 2018, 04:10:05 AM

Quote from: dadach on March 15, 2018, 04:05:36 AM

By reading all of the posts I got to conclusion that there is no one here that thinks this is a good investment. Only if that is the case and no one except few people buy them this could be profitable. Because I dont know how many they plan to produce, and to sell.. Does anyone know?

on top of shipping which I guess will be more expensive, count the custom duties at $12k!

Good one , Imagine you have to pay custom duties at $12k for something that is worthless , i will write it down to my jokes book !

Grin

Apprentice

full member

Activity: 500

Merit: 105

Quote from: dadach on March 15, 2018, 04:05:36 AM

By reading all of the posts I got to conclusion that there is no one here that thinks this is a good investment. Only if that is the case and no one except few people buy them this could be profitable. Because I dont know how many they plan to produce, and to sell.. Does anyone know?

on top of shipping which I guess will be more expensive, count the custom duties at $12k!

Prelude

legendary

Activity: 1596

Merit: 1000

Quote from: dadach on March 15, 2018, 04:05:36 AM

By reading all of the posts I got to conclusion that there is no one here that thinks this is a good investment. Only if that is the case and no one except few people buy them this could be profitable. Because I dont know how many they plan to produce, and to sell.. Does anyone know?

It doesn't matter how many they sell. They've been produced already for many months, mining away in their farms. They haven't been in production for a long time now, and never will be again. There is no scenario where either of these pay for themselves, much less make profit. These machines will have nothing to mine in 2 weeks once Monero changes algorithms making these obsolete.

dadach

sr. member

Activity: 365

Merit: 250

By reading all of the posts I got to conclusion that there is no one here that thinks this is a good investment. Only if that is the case and no one except few people buy them this could be profitable. Because I dont know how many they plan to produce, and to sell.. Does anyone know?

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

war

asic vs gpu

just remember asic = shit service when gear breaks.
gpu = real warranties when gear breaks.

Eyedol-X

hero member

Activity: 952

Merit: 508

Quote from: Prelude on March 15, 2018, 03:48:51 AM

Quote from: pikachuy on March 15, 2018, 03:47:22 AM

Bitmain Recent Hit list
=====================
RIP.... x11
RIP.... SIA
[Pending] RIP.... CryptoNight

They are like the Mafia. LOL. I think they want to release miners to stomp their competitors and let the world be known that they are the ONLY crypto manufacturing company and do not mess with them.

More like RIP Cryptonight ASICs. They're completely useless come the end of March thanks to the algo change.

I think Bitmain is grabbing at straws trying to find the next Asic empire that they can monopolize like SHA-256. The only way to do that is to diversify and keep pressure on your competition which they seem to do at every turn these days. I think this move is purely to keep Baikal down.

Goool

jr. member

Activity: 182

Merit: 2

Quote from: Eyedol-X on March 15, 2018, 03:37:30 AM

Quote from: Goool on March 15, 2018, 03:31:35 AM

Bitmain like Baikal were mining with X3 monero to death, and now that Cryptonight coins are forking (switching algo) they are getting rid of the useless equipment.

I strongly suspect this was going on as well for Baikal.

In the case of Bitmain, I suspect their hand was forced because Baikal beat them to the punch and Monero announced they would hard fork.

Bitmain appears to be still in development of their asic, hence the "conservative" hashrate estimates on the production miner but they needed to get this out for pre-order to try and capitalize before the upcoming Cryptonight forks. People that don't know any better will still buy and some people with tons of money, will buy anyways in hopes that the gamble pays off.

I wouldn't be surprised if Bitmain or someone stands up their own pool and forks XMR so these asics will still work after the core XMR chain forks to a revised algo
(Disclaimer: This is purely speculation or "conspiracy theory" on my part and I have no inside knowledge that indicates any such activity will happen, it's just a gut feeling)

This can be a reason for hackers to attach XMR ! If bitmain will own the 51% of the network ,,, good bye security ,, welcome to bitmain attack
Don't forget what happen to Antpool (bitmain),, hacker attack from bitmain to their own pool .... same like nicehash ,,, they hacked themselves

Prelude

legendary

Activity: 1596

Merit: 1000

Quote from: pikachuy on March 15, 2018, 03:47:22 AM

Bitmain Recent Hit list
=====================
RIP.... x11
RIP.... SIA
[Pending] RIP.... CryptoNight

They are like the Mafia. LOL. I think they want to release miners to stomp their competitors and let the world be known that they are the ONLY crypto manufacturing company and do not mess with them.

More like RIP Cryptonight ASICs. They're completely useless come the end of March thanks to the algo change.

pikachuy

sr. member

Activity: 544

Merit: 250

Bitmain Recent Hit list
=====================
RIP.... x11
RIP.... SIA
[Pending] RIP.... CryptoNight

They are like the Mafia. LOL. I think they want to release miners to stomp their competitors and let the world be known that they are the ONLY crypto manufacturing company and do not mess with them.

Prelude

legendary

Activity: 1596

Merit: 1000

Quote from: Eyedol-X on March 15, 2018, 03:41:28 AM

Quote from: treanski on March 15, 2018, 03:39:41 AM

everybody who buys this is just financing their next batch for cryptonight v7

if monero doesnt change algo every month cryptonight is dead for gpu mining

Yeah I wonder how quickly the GPU mining software developers will be able to update their miners to support revised algos.

It could become a cluster fuck and really hurt the community because you'll have people trying to mine everywhere with GPU's that are running old versions of the mining software which is one of the reasons why I suspect someone will fork XMR if they revise the algo with their own core fork.

Quote from: Prelude on March 15, 2018, 03:40:52 AM

Wouldn't surprise me to see bitmain pull another bcash. "Monero Cash.." LOL. It'll be futile, though.

Yup, this wouldn't surprise me either.

Claymore has already indicated that he's working on updating his miner for V7. If miners can't be arsed to keep up with updated mining software, fuck 'em.

Prelude

legendary

Activity: 1596

Merit: 1000

Quote from: treanski on March 15, 2018, 03:39:41 AM

everybody who buys this is just financing their next batch for cryptonight v7

if monero doesnt change algo every month cryptonight is dead for gpu mining

It takes A LOT longer to design and tape out new chips. Changing algos every 6 months as planned is more than enough to kill cryptonight ASICs.

Inkamining

newbie

Activity: 1

Merit: 0

1 Antminer X3 = 40 Rigs with 6 Nvidia 1080ti 12GB ... people running vga rigs cannot mine cryptonight anymore...

Undecided

Eyedol-X

hero member

Activity: 952

Merit: 508

Quote from: treanski on March 15, 2018, 03:39:41 AM

everybody who buys this is just financing their next batch for cryptonight v7

if monero doesnt change algo every month cryptonight is dead for gpu mining

Yeah I wonder how quickly the GPU mining software developers will be able to update their miners to support revised algos.

It could become a cluster fuck and really hurt the community because you'll have people trying to mine everywhere with GPU's that are running old versions of the mining software which is one of the reasons why I suspect someone will fork XMR if they revise the algo with their own core fork.

Quote from: Prelude on March 15, 2018, 03:40:52 AM

Wouldn't surprise me to see bitmain pull another bcash. "Monero Cash.." LOL. It'll be futile, though.

Yup, this wouldn't surprise me either.

Prelude

legendary

Activity: 1596

Merit: 1000

Quote from: Eyedol-X on March 15, 2018, 03:37:30 AM

Quote from: Goool on March 15, 2018, 03:31:35 AM

Bitmain like Baikal were mining with X3 monero to death, and now that Cryptonight coins are forking (switching algo) they are getting rid of the useless equipment.

I strongly suspect this was going on as well for Baikal.

In the case of Bitmain, I suspect their hand was forced because Baikal beat them to the punch and Monero announced they would hard fork.

Bitmain appears to be still in development of their asic, hence the "conservative" hashrate estimates on the production miner but they needed to get this out for pre-order to try and capitalize before the upcoming Cryptonight forks. People that don't know any better will still buy and some people with tons of money, will buy anyways in hopes that the gamble pays off.

I wouldn't be surprised if Bitmain or someone stands up their own pool and forks XMR so these asics will still work after the core XMR chain forks to a revised algo

It's not still in development. It's more bullshit and lies from shitmain. They're masters of deception. They've been mining with these for a long time. They just want people to think they haven't been.

Wouldn't surprise me to see bitmain pull another bcash. "Monero Cash.." LOL. It'll be futile, though.

Topic: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W - page 44. (Read 18895 times)