or may be the price will go higher due to some facts ( Bitmain decide to pump it
) and in this case it is better to buy SIA and wait ?
Topic: Bitmain just announced the AntMiner A3 - 815GH/s Siacoin miner - Blake(2b) - page 32. (Read 12766 times)
January 18, 2018, 12:30:04 PM
But what do you think guys about the SIA price . i mean there will be huge coins dumped in the market. shouldn't that make the price drop much more ?
or may be the price will go higher due to some facts ( Bitmain decide to pump it ) and in this case it is better to buy SIA and wait ?
or may be the price will go higher due to some facts ( Bitmain decide to pump it
) and in this case it is better to buy SIA and wait ? January 18, 2018, 12:19:16 PM
What u think?
"We did add an extra feature to the SC1 unit that would allow us to invalidate the Bitmain hardware without invalidating the SC1. The community would need to choose to adopt a soft-fork (it's not something we could just magically activate, we have to change the hashing algorithm slightly), and then we could get rid of this cycle of Bitmain hardware. Of course, they could just create another round of hardware (likely taking ~3 months). And, it would hurt Bitmain customers more than it would hurt Bitmain. Bitmain has already sold around $20 million of non-refundable hardware. They have made their profit, and a soft-fork wouldn't change that."
From Sia Dev team
https://www.reddit.com/r/siacoin/comments/7r4spy/dev_team_thoughts_on_the_bitmain_a3/
If the majority of the mining community is using bitmain miners, I highly doubt they'll agree to it. This is just a jealous dev who's GPU's will be worthless for SC now. "We did add an extra feature to the SC1 unit that would allow us to invalidate the Bitmain hardware without invalidating the SC1. The community would need to choose to adopt a soft-fork (it's not something we could just magically activate, we have to change the hashing algorithm slightly), and then we could get rid of this cycle of Bitmain hardware. Of course, they could just create another round of hardware (likely taking ~3 months). And, it would hurt Bitmain customers more than it would hurt Bitmain. Bitmain has already sold around $20 million of non-refundable hardware. They have made their profit, and a soft-fork wouldn't change that."
From Sia Dev team
https://www.reddit.com/r/siacoin/comments/7r4spy/dev_team_thoughts_on_the_bitmain_a3/
Here's hoping it's only one dev... 🤞
January 18, 2018, 12:08:16 PM
What u think?
"We did add an extra feature to the SC1 unit that would allow us to invalidate the Bitmain hardware without invalidating the SC1. The community would need to choose to adopt a soft-fork (it's not something we could just magically activate, we have to change the hashing algorithm slightly), and then we could get rid of this cycle of Bitmain hardware. Of course, they could just create another round of hardware (likely taking ~3 months). And, it would hurt Bitmain customers more than it would hurt Bitmain. Bitmain has already sold around $20 million of non-refundable hardware. They have made their profit, and a soft-fork wouldn't change that."
From Sia Dev team
https://www.reddit.com/r/siacoin/comments/7r4spy/dev_team_thoughts_on_the_bitmain_a3/
If the majority of the mining community is using bitmain miners, I highly doubt they'll agree to it. This is just a jealous dev who's GPU's will be worthless for SC now. "We did add an extra feature to the SC1 unit that would allow us to invalidate the Bitmain hardware without invalidating the SC1. The community would need to choose to adopt a soft-fork (it's not something we could just magically activate, we have to change the hashing algorithm slightly), and then we could get rid of this cycle of Bitmain hardware. Of course, they could just create another round of hardware (likely taking ~3 months). And, it would hurt Bitmain customers more than it would hurt Bitmain. Bitmain has already sold around $20 million of non-refundable hardware. They have made their profit, and a soft-fork wouldn't change that."
From Sia Dev team
https://www.reddit.com/r/siacoin/comments/7r4spy/dev_team_thoughts_on_the_bitmain_a3/
January 18, 2018, 12:02:48 PM
Wow soft fork, so that only one player can make the hardware ? Soft fork again in future to invalidates other hardware...would that be good ?
January 18, 2018, 12:00:09 PM
What u think?
"We did add an extra feature to the SC1 unit that would allow us to invalidate the Bitmain hardware without invalidating the SC1. The community would need to choose to adopt a soft-fork (it's not something we could just magically activate, we have to change the hashing algorithm slightly), and then we could get rid of this cycle of Bitmain hardware. Of course, they could just create another round of hardware (likely taking ~3 months). And, it would hurt Bitmain customers more than it would hurt Bitmain. Bitmain has already sold around $20 million of non-refundable hardware. They have made their profit, and a soft-fork wouldn't change that."
From Sia Dev team
https://www.reddit.com/r/siacoin/comments/7r4spy/dev_team_thoughts_on_the_bitmain_a3/
"We did add an extra feature to the SC1 unit that would allow us to invalidate the Bitmain hardware without invalidating the SC1. The community would need to choose to adopt a soft-fork (it's not something we could just magically activate, we have to change the hashing algorithm slightly), and then we could get rid of this cycle of Bitmain hardware. Of course, they could just create another round of hardware (likely taking ~3 months). And, it would hurt Bitmain customers more than it would hurt Bitmain. Bitmain has already sold around $20 million of non-refundable hardware. They have made their profit, and a soft-fork wouldn't change that."
From Sia Dev team
https://www.reddit.com/r/siacoin/comments/7r4spy/dev_team_thoughts_on_the_bitmain_a3/
January 18, 2018, 11:20:04 AM
Those numbers are likely right but the reality is that they don't account for the difficulty spike... for a few days initially you will likely make huge profits until more Asics come online... There is a very good chance the first owners will cover the cost of their A3's in the first 30 days but after that, it's not likely.
If SIA decides to softfork the network to invalidate the Bitmain ASIC, that is also going to create some issues.
It's all a gamble right now.
Me, I'm waiting on my Obelisk(s) and will support that venture at this time.
From the looks of it this ASIC hunt is like an arms race
Whoever gets it first wins.Although, aren't the guys who develop these make huge profits first and just start to sell them only after that to everybody?
From a pure profit standpoint, you're absolutely right.
Me I support SIA first, profits from SIA second. It's for this reason and some others I'm choosing not the buy the A3 at this time.
The thing is, you can still go to Obelisk site and pre-order the Blake2b miners from their second batch until the end of the month. I was considering it, but did not like the wait. This was sort of an introduction to me showing how Bitcointalk works,,,, when this Obelisk miner came out, no one was talking about it here (trying to keep it quiet I suppose, lol). I couldn't even find a thread about it here at Bitcointalk. It looks like many experienced miners loaded up on the Obelisk offer and now will be left holding the bag. I am sure the Obelisk miner will still ROI, but not nearly as fast. My lesson is, if you are being offered a coin specific ASIC miner, then the offer is worthless unless you receive miner right away. This 3-7month pre-order BS does not work when you have cash hungry capable competition
January 18, 2018, 11:08:37 AM
The problem is that SC-1 is basedon 28nm, I bet that antminer A3 is on 28nm as well ( considering GH / power ratio). It is very old and outdated technology compared to nowadays available solution. We will see much moe faster miners very soon.
Almost guarantee that they are on a 40nm node for the first gen chip. 28nm is not that old and still requires a pretty large investment. Most Litecoin ASICs are still on 28nm as well.
January 18, 2018, 10:57:58 AM
The problem is that SC-1 is basedon 28nm, I bet that antminer A3 is on 28nm as well ( considering GH / power ratio). It is very old and outdated technology compared to nowadays available solution. We will see much moe faster miners very soon.
January 18, 2018, 10:50:50 AM
DragonMint B52 Blake2b Miner
Blake2b miner. 3.5TH/s at 1000W -/+8% with 135 chips.
https://halongmining.com/shop/dragonmint-b52-blake2b-miner/
I think A3 will be even worse than the D3 .
Blake2b miner. 3.5TH/s at 1000W -/+8% with 135 chips.
https://halongmining.com/shop/dragonmint-b52-blake2b-miner/
I think A3 will be even worse than the D3 .
They haven;t even delivered the DragonMint 16T miners yet. By the time they are able to deliver this blake2b miner it will be end of summer imo,,,, same with Obelisk. These should be able to ROI before competition hits.
January 18, 2018, 10:41:53 AM
Those numbers are likely right but the reality is that they don't account for the difficulty spike... for a few days initially you will likely make huge profits until more Asics come online... There is a very good chance the first owners will cover the cost of their A3's in the first 30 days but after that, it's not likely.
If SIA decides to softfork the network to invalidate the Bitmain ASIC, that is also going to create some issues.
It's all a gamble right now.
Me, I'm waiting on my Obelisk(s) and will support that venture at this time.
From the looks of it this ASIC hunt is like an arms race
Whoever gets it first wins.Although, aren't the guys who develop these make huge profits first and just start to sell them only after that to everybody?
From a pure profit standpoint, you're absolutely right.
Me I support SIA first, profits from SIA second. It's for this reason and some others I'm choosing not the buy the A3 at this time.
January 18, 2018, 10:31:38 AM
Those numbers are likely right but the reality is that they don't account for the difficulty spike... for a few days initially you will likely make huge profits until more Asics come online... There is a very good chance the first owners will cover the cost of their A3's in the first 30 days but after that, it's not likely.
If SIA decides to softfork the network to invalidate the Bitmain ASIC, that is also going to create some issues.
It's all a gamble right now.
Me, I'm waiting on my Obelisk(s) and will support that venture at this time.
From the looks of it this ASIC hunt is like an arms race
Whoever gets it first wins.Although, aren't the guys who develop these make huge profits first and just start to sell them only after that to everybody?
January 18, 2018, 10:30:24 AM
I just got one ordered. First time mining and wish good luck and not late into the game.
May I know which pool should I look into using this Blake 2b algo? NichHash pool seems not supported. Hope some si foo here can give me some light.
thanks,
ctan6611
What was the time that you orderedMay I know which pool should I look into using this Blake 2b algo? NichHash pool seems not supported. Hope some si foo here can give me some light.
thanks,
ctan6611
2PM Malaysia time today and have to pay within 1 hour.
Im sure that the daily profit will be like 50-100$ when we get this on our hands...
Are you sure we can make this profit every day? If it sure means even i also buy one machine. I know only about GPU mining. Let 's try this once.
January 18, 2018, 10:25:51 AM
Trying to order for hours and hours keep getting the sold out menu... 
January 18, 2018, 10:04:09 AM
I took a look at the page with the ASIC's specs and then calculated the mining performance here:
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&p=1275&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate
I think I'm missing something, are these numbers right? $675/day?
Of course the number of coins generated will decrease after all the ASICs are online but still...
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&p=1275&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate
I think I'm missing something, are these numbers right? $675/day?
Of course the number of coins generated will decrease after all the ASICs are online but still...
Those numbers are likely right but the reality is that they don't account for the difficulty spike... for a few days initially you will likely make huge profits until more Asics come online... There is a very good chance the first owners will cover the cost of their A3's in the first 30 days but after that, it's not likely.
If SIA decides to softfork the network to invalidate the Bitmain ASIC, that is also going to create some issues.
It's all a gamble right now.
Me, I'm waiting on my Obelisk(s) and will support that venture at this time.
January 18, 2018, 10:01:49 AM
I took a look at the page with the ASIC's specs and then calculated the mining performance here:
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&p=1275&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate
I think I'm missing something, are these numbers right? $675/day?
Of course the number of coins generated will decrease after all the ASICs are online but still...
Yes they are right. This very second, right now IF you had a ASIC and IF it was plugged in. But you don't and it's not. So that number drops precipitously every time someone plugs one in. http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&p=1275&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate
I think I'm missing something, are these numbers right? $675/day?
Of course the number of coins generated will decrease after all the ASICs are online but still...
January 18, 2018, 09:49:07 AM
I took a look at the page with the ASIC's specs and then calculated the mining performance here:
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&p=1275&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate
I think I'm missing something, are these numbers right? $675/day?
Of course the number of coins generated will decrease after all the ASICs are online but still...
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&p=1275&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate
I think I'm missing something, are these numbers right? $675/day?
Of course the number of coins generated will decrease after all the ASICs are online but still...
January 18, 2018, 09:37:57 AM
I was able to order an A3 last night! Counting days for sure.
January 18, 2018, 09:15:48 AM
Can't wait for A3, counting days...
January 18, 2018, 08:39:52 AM
Does they ship to Russia?
January 18, 2018, 06:50:14 AM
has anything ever been released by DragonMint ?
They are scheduled to deliver first Dragonmint btc miner batch in March.
Whether they are real or not, we are not 100% sure yet.
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