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Topic: Bitmain E3 Ethash Miner ASIC (Shipping:16-31 July. $800 USD) - page 35. (Read 16408 times)

hero member
Activity: 1498
Merit: 597
Power consumption: 800W
Hashrate: 180MH/s

far from profitable for me

getting 157MH/s with 570W from my 5x 1070 GTX

Far from profitable?  How may 1070's can you buy for $800USD?  

exactly ...
....how much you paid for your 5x 1070 GTX cards? and cpu, and hdd, and mem  and mobo and risers ?

Far from profitable?  Grin Grin Grin
legendary
Activity: 1078
Merit: 1011

Horrible ROI for a miner thats months away from release.

180 mh/s is barely 170$ a month. By the time they release it if prices dont go up that miner will be worthless. But yeah GPU mining is dead thats the cost of 2 rx 580

The thing is everyone is comparing it to the current (highly inflated) price of GPUs. If it wasn't for the run-up in GPU prices because something like this wasn't available last year those RX580's would probably be going for $150 each by now, so this would actually be more like the cost of 5 of them.

Sure you have the mobo and other stuff to add to the price, but then again that GPU based rig is more flexible in that it can mine other alogs, including new ones that may come out. Also, as others have pointed out, the GPU rig can be parted out and resold if need be, whereas the ASIC is just a paperweight.
 
So long-term I think this is actually great news, as it isn't quite the GPU killer everyone had feared. It beats out GPU rigs on price alone, but as I stated only because GPU prices are so over inflated right now. Once the E3 hits the market GPU prices will come back down to normal and probably become bargains. At that point I expect you can put together a 6x RX580 rig for closer to $1,100 by then, so it will be a even match considering the GPU rig will have other uses and resale value so worth the extra $300.
full member
Activity: 1148
Merit: 132

The end near. Why Bitmain? No human compassion. Money rules your soul. Probably good news for gamers.  Cry Embarrassed
lol, no one is forcing anyone to buy these human greed is what got bitmain to this place of power

if you buy currencies instead of these heaters you will come out ahead
jr. member
Activity: 148
Merit: 5
popcorn

I can afford to get couple of them and see what happens
imo they will have more resell value later

More resale value Huh As soon as Bitmain releases the next "E4" iteration that's more energy efficient, no one will want these.
member
Activity: 531
Merit: 29
So you pony up the money now, Bitmain will use the money to build these and run it for next three months. And send it you when its earns peanuts...


Wonder why they don't have stock already built and ready to ship?
sr. member
Activity: 390
Merit: 250
Power consumption: 800W
Hashrate: 180MH/s

far from profitable for me

getting 157MH/s with 570W from my 5x 1070 GTX

Is that 570w at the wall or in AB? i doubt total at the wall is 570w (maybe with the Ti). 3.63 w/mhs
Yeah these E3's aren't as efficient but I doubt you can get 180 mhs for $800 these days.
of course a lot can change between now and July.


from the wall.
Power Limit 67%
Core 0
Mem +650
newbie
Activity: 21
Merit: 0

The end near. Why Bitmain? No human compassion. Money rules your soul. Probably good news for gamers.  Cry Embarrassed
jr. member
Activity: 148
Merit: 5
Power consumption: 800W
Hashrate: 180MH/s

far from profitable for me

getting 157MH/s with 570W from my 5x 1070 GTX

Is that 570w at the wall or in AB? i doubt total at the wall is 570w (maybe with the Ti). 3.63 w/mhs
Yeah these E3's aren't as efficient but I doubt you can get 180 mhs for $800 these days.
of course a lot can change between now and July.

That's definitely doable... I've got a 8x1070 that's 860W at the wall for 240MH/s.
full member
Activity: 289
Merit: 107
$800 but charging $200 in shipping lol
legendary
Activity: 1084
Merit: 1003
≡v≡
popcorn

I can afford to get couple of them and see what happens
imo they will have more resell value later
full member
Activity: 233
Merit: 100
So it begins...

Identical performance to a 6 GPU rig at 1/3 of the price. Goodbye Ethereum.

I'd buy one if it didn't come at such a bad time for me. Or if it didn't ship that late.

But no resale value... which makes things slightly more interesting... If you can recoup 2/3rds of the price on a GPU rig at time of sale, it's a wash.

That's a great point as others mentioned above. Interesting.
full member
Activity: 434
Merit: 107


Horrible ROI for a miner thats months away from release.

180 mh/s is barely 170$ a month. By the time they release it if prices dont go up that miner will be worthless. But yeah GPU mining is dead thats the cost of 2 rx 580

I'll take a 4.7 month ROI (before power cost) over anything available today. But yeah sad day indeed.
full member
Activity: 434
Merit: 107
Power consumption: 800W
Hashrate: 180MH/s

far from profitable for me

getting 157MH/s with 570W from my 5x 1070 GTX

Is that 570w at the wall or in AB? i doubt total at the wall is 570w (maybe with the Ti). 3.63 w/mhs
Yeah these E3's aren't as efficient but I doubt you can get 180 mhs for $800 these days.
of course a lot can change between now and July.
member
Activity: 367
Merit: 34
LOL. thats literally just a GPU rig. one of my rigs is the same MH and power draw.

and i can actually use it for something else or sell the components.
newbie
Activity: 126
Merit: 0
How these Ethash asics effect the ETH prices ?
jr. member
Activity: 53
Merit: 1
https://shop.bitmain.com/product/detail?pid=00020180403174908564M8dMJKtz06B7

Hashing algorithm: Ethash

Power consumption: 800W

Hashrate: 180MH/s

Limit: 1 per customer

Warranty: 180 days (any overclocking will void warranty)

You will need an ATX PSU with sufficient six-pin PCIe connectors.

Payment: BCH and USD only. (1 BCH = 703.60 USD at time of posting)



Horrible ROI for a miner thats months away from release.

180 mh/s is barely 170$ a month. By the time they release it if prices dont go up that miner will be worthless. But yeah GPU mining is dead thats the cost of 2 rx 580
full member
Activity: 1148
Merit: 132
So it begins...

Identical performance to a 6 GPU rig at 1/3 of the price. Goodbye Ethereum.

I'd buy one if it didn't come at such a bad time for me. Or if it didn't ship that late.

But no resale value... which makes things slightly more interesting... If you can recoup 2/3rds of the price on a GPU rig at time of sale, it's a wash.
yeah thats a great point ,these heaters will be useles in a year lol
member
Activity: 644
Merit: 24
Predicting announcement of the Z3 Equihash miner ...

Predict it somewhere else.  This thread is about the E3.
member
Activity: 644
Merit: 24
So it begins...

Identical performance to a 6 GPU rig at 1/3 of the price. Goodbye Ethereum.

I'd buy one if it didn't come at such a bad time for me. Or if it didn't ship that late.
yeah by july its gona be mining at a loss or $2 a day lol,$800 buys two ethereum
today which is more than that unit will mine in what 10 months?

price is reasonable but delivery time is nuts , but of course these idiots will buy them

That's a very good point.  I've been buying up ETH like crazy this past week.  This machine is junk compared to buying ETH today.
full member
Activity: 1148
Merit: 132
Power consumption: 800W
Hashrate: 180MH/s

far from profitable for me

getting 157MH/s with 570W from my 5x 1070 GTX

Far from profitable?  How may 1070's can you buy for $800USD? 
price is good but buying eth is beter atm
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