Bitmain Antminer X3 ASIC hashing 220KH CryptoNight on 550w!!

shaninium

sr. member

Activity: 489

Merit: 253

Quote from: comby on March 18, 2018, 12:59:34 PM

Anyone knows if bitmain will put the price of 11999 USD on the batch 1 instead of 3000 USD (what is the real price now, cause they payout the difference) ?

That would be a huge difference due to customs / tax

Shipping is a long time away for x3 so they will put 3k on import declaration form. Yes 12k in import taxes is massive compared to 3k. Thats why its cheaper sometimes to buy from a reseller liks eastshore.xyz as anything they deliver wont incur taxes at all or barely.

comby

copper member

Activity: 232

Merit: 2

Anyone knows if bitmain will put the price of 11999 USD on the batch 1 instead of 3000 USD (what is the real price now, cause they payout the difference) ?

That would be a huge difference due to customs / tax

Goool

jr. member

Activity: 182

Merit: 2

Quote from: Palmerson on March 15, 2018, 09:13:47 AM

I do not recommend spending such money on the purchase of Antminer X3. First $ 12,000 is too much to throw away. Secondly, the connection to the operation of such asics will significantly increase the complexity of the network. You'll never get that money back. In addition, it can cause the death of many coins. Perhaps they will begin to apply protection from asics.

Better buy a car repair it and re-sell it with this amount of money .....
$2000 yes i can pay but more than this NO NO you should be crazy paying for ASICS more

JacobHarding1978

newbie

Activity: 12

Merit: 0

Holy flop!!

Well botmain is apprently sold out of the batches. Yeah right either people are stupid or bitmain just realised they made a bad investment.

I bought my first miner...yep the a3. And i think i made a mistake.

I wont make it again.

Lets wait and see if they 'reopen' the sales again

Palmerson

sr. member

Activity: 434

Merit: 255

Live cams shows pimped with cryptocurrency

I do not recommend spending such money on the purchase of Antminer X3. First $ 12,000 is too much to throw away. Secondly, the connection to the operation of such asics will significantly increase the complexity of the network. You'll never get that money back. In addition, it can cause the death of many coins. Perhaps they will begin to apply protection from asics.

noctrex

newbie

Activity: 8

Merit: 0

That's why Monero, and the other coins using CryptoNight, are already implementing changes to the algo, so that these ASIC's will be essentially useless.

Official Announcement: https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html

Countdown: http://xmr.noctism.com

crocozino

sr. member

Activity: 420

Merit: 250

yeap, that is happening again with another algo, which ASICs are going to destroy!
damn bitmain, I hope they will suffer someday, cause all miner will be very well aware that those ASICs never paid off.
and so they will stop order this piece of crap any more..

RealKariverson

full member

Activity: 233

Merit: 100

This deems the end of individual household mining. Bitmain finally killed it. Cryptonight is going to be useless to mine now with GPUs and everyone is going to switch to EthHash making it useless too.

invisiblefriend321

member

Activity: 174

Merit: 10

Quote from: Prelude on March 15, 2018, 04:16:13 AM

Quote from: Suslived on March 15, 2018, 03:23:36 AM

Quote from: Prelude on March 15, 2018, 03:17:42 AM

Quote from: DevelopmentBank on March 15, 2018, 03:15:52 AM

Quote from: ruplikminer on March 15, 2018, 02:57:30 AM

A total waste of money. It's way more risky than gambling. Monero is gonna fork. You will spend 12k to have a not so nice looking stop for your door.

I somewhat agree. The risks on this ASIC are far too much. With that price tag, its almost as if they don't want you to reach ROI.
I feel like bitmain has gotten overly confident with selling ASICS, probably because there are some people that will still buy those ASICs.. For what reason i do not know Huh

It's not a question of risks... You'd have to be completely retarded to buy a CN ASIC as they're being transformed into paperweights by the upcoming monero algo fork.

But i've read some people argue that there are simple workarounds that can be made to overcome whatever the monero team does?
It seems the argument was that cryptonight, by nature, is no longer ASIC-proof now that they've found a way to do it.

Those people are 100% wrong. You can't reprogram an ASIC.

If an ASIC is built to answer 2+2=4, it is unable to answer 2+3=5.

Nothing is ASIC proof, only ASIC resistant. And Monero is resisting in a big way by changing the algorithm and making these ASICs completely worthless/useless.

if they could change also

the D3 machines would all be running new firmware

but its IMPOSSIBLE

Prelude

legendary

Activity: 1596

Merit: 1000

Quote from: Suslived on March 15, 2018, 03:23:36 AM

Quote from: Prelude on March 15, 2018, 03:17:42 AM

Quote from: DevelopmentBank on March 15, 2018, 03:15:52 AM

Quote from: ruplikminer on March 15, 2018, 02:57:30 AM

A total waste of money. It's way more risky than gambling. Monero is gonna fork. You will spend 12k to have a not so nice looking stop for your door.

I somewhat agree. The risks on this ASIC are far too much. With that price tag, its almost as if they don't want you to reach ROI.
I feel like bitmain has gotten overly confident with selling ASICS, probably because there are some people that will still buy those ASICs.. For what reason i do not know Huh

It's not a question of risks... You'd have to be completely retarded to buy a CN ASIC as they're being transformed into paperweights by the upcoming monero algo fork.

But i've read some people argue that there are simple workarounds that can be made to overcome whatever the monero team does?
It seems the argument was that cryptonight, by nature, is no longer ASIC-proof now that they've found a way to do it.

Those people are 100% wrong. You can't reprogram an ASIC.

If an ASIC is built to answer 2+2=4, it is unable to answer 2+3=5.

Nothing is ASIC proof, only ASIC resistant. And Monero is resisting in a big way by changing the algorithm and making these ASICs completely worthless/useless.

shaninium

sr. member

Activity: 489

Merit: 253

Everybody just buy 12k worth of btc @ 5-6k instead of this gamble. By late may/june youd be better off then buying 1 of these. Saves power too. All you have to do is hold. Yes its not as exciting as mining or waiting for a kickass miner but gambling is exciting too, until you lose.

rossjamie

member

Activity: 124

Merit: 10

Last time in 2015 I mine this algo by ivy bridge laptop and I still can get arround 0.0001 BTC daily. But some greedy chinese playing with ASIC Now and GPU is dead.

romankosoj

member

Activity: 189

Merit: 10

Xaxaxax, xapдфopк peшaeт вcё, нe пoкyпaйтe иx, кpиптoнoт дocтaтoчнo измeнить или измeнить фopмaт oбмeнa дaнными и oни cтaнyт нeaктyaльныe!
Я дyмaю этим пocтoм, я oтpoю мнoгим oвнepaм глaзa, кaк избaвить cвoи мoнeты oт нaзoйливыx acикoв )

Hahahah, hardfork decides everything, do not buy them, cryptonote just change or change the format of data exchange and they will become irrelevant!
I think this post, I will open many eyes to the lambs, how to rid my coins of importunate asic's)

huntingthesnark

member

Activity: 357

Merit: 26

Quote from: DevelopmentBank on March 15, 2018, 02:27:54 AM

Makes you think how long bitmain has used these ASICs for themselves. They could have earned a lot by now.
This is probably one of the reasons why mining cryptonight has been massively less profitable lately.

Too bad for those who bought the RX VEGA for mining cryptonight.

Well, depends when you bought them. If you did back in sept/oct last year then you will have ROIed some time ago. But yeah, recent diff rises are clearly related to BM 'testing' these...

Suslived

member

Activity: 252

Merit: 13

CryptoTalk.Org - Get Paid for every Post!

Quote from: Prelude on March 15, 2018, 03:17:42 AM

Quote from: DevelopmentBank on March 15, 2018, 03:15:52 AM

Quote from: ruplikminer on March 15, 2018, 02:57:30 AM

A total waste of money. It's way more risky than gambling. Monero is gonna fork. You will spend 12k to have a not so nice looking stop for your door.

I somewhat agree. The risks on this ASIC are far too much. With that price tag, its almost as if they don't want you to reach ROI.
I feel like bitmain has gotten overly confident with selling ASICS, probably because there are some people that will still buy those ASICs.. For what reason i do not know Huh

It's not a question of risks... You'd have to be completely retarded to buy a CN ASIC as they're being transformed into paperweights by the upcoming monero algo fork.

But i've read some people argue that there are simple workarounds that can be made to overcome whatever the monero team does?
It seems the argument was that cryptonight, by nature, is no longer ASIC-proof now that they've found a way to do it.

pikachuy

sr. member

Activity: 544

Merit: 250

Quote from: DevelopmentBank on March 15, 2018, 03:15:52 AM

I feel like bitmain has gotten overly confident with selling ASICS, probably because there are some people that will still buy those ASICs.. For what reason i do not know Huh

It's called money laundering, easiest way is to pay high value door stoppers.

Prelude

legendary

Activity: 1596

Merit: 1000

Quote from: DevelopmentBank on March 15, 2018, 03:15:52 AM

Quote from: ruplikminer on March 15, 2018, 02:57:30 AM

A total waste of money. It's way more risky than gambling. Monero is gonna fork. You will spend 12k to have a not so nice looking stop for your door.

I somewhat agree. The risks on this ASIC are far too much. With that price tag, its almost as if they don't want you to reach ROI.
I feel like bitmain has gotten overly confident with selling ASICS, probably because there are some people that will still buy those ASICs.. For what reason i do not know Huh

It's not a question of risks... You'd have to be completely retarded to buy a CN ASIC as they're being transformed into paperweights by the upcoming monero algo fork.

DevelopmentBank

full member

Activity: 406

Merit: 110

Quote from: ruplikminer on March 15, 2018, 02:57:30 AM

A total waste of money. It's way more risky than gambling. Monero is gonna fork. You will spend 12k to have a not so nice looking stop for your door.

I somewhat agree. The risks on this ASIC are far too much. With that price tag, its almost as if they don't want you to reach ROI.
I feel like bitmain has gotten overly confident with selling ASICS, probably because there are some people that will still buy those ASICs.. For what reason i do not know Huh

ruplikminer

jr. member

Activity: 504

Merit: 3

A total waste of money. It's way more risky than gambling. Monero is gonna fork. You will spend 12k to have a not so nice looking stop for your door.

Suslived

member

Activity: 252

Merit: 13

CryptoTalk.Org - Get Paid for every Post!

You just gotta love how there are not one but two threads on this.

Bitmain sure brings the hype to the crypto markets. Can't wait for some new and more professional mining company to blow them away.

Topic: Bitmain Antminer X3 ASIC hashing 220KH CryptoNight on 550w!! (Read 783 times)