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Topic: Bitmain just announced the AntMiner A3 - 815GH/s Siacoin miner - Blake(2b) - page 35. (Read 12750 times)

full member
Activity: 420
Merit: 110
I am a sia gpu miner. When will these miners arrive? I will stop mining sia because of the dif increase, but would like to know when to stop
Reported 10 "business days from today". Or two weeks from today. We'll see if they can meet the deadline. I suspect they will be close. They are on a mission. " Seek and destroy".
full member
Activity: 420
Merit: 110
Announcement from Sia team :

Bitmain has announced ASICs for Sia, shipping in 7 days. 1275w, 815 GH/s, ~$3200 USD. They are more expensive and less efficient than the Obelisk SC1, but they ship several months sooner (7 days as opposed to several months).

Bitmain has a long history of being abusive towards coin communities, their customers, and towards coin developers.We prepared for something like this by adding an extra feature to the SC1. We can do a soft-fork that slightly changes the PoW algorithm which would invalidate the bitmain ASICs, but allow the SC1 units to continue working. In the event of an attack from Bitmain, we can activate this soft fork. At this time, I do not think it is necessary, but if they start mining empty blocks or otherwise prove problematic for the network, we have recourse that does not involve destroying the usefulness of the SC1 units. This fork would of course require community adoption, it's not something the devs could decide to activate on their own. It would be a UASF, because the majority hashrate would not be standing behind the soft fork.

Overall, I do not think we have much to worry about. Hopefully (and very likely), this soft-fork will never be necessary. But I wanted to remind everyone (including Bitmain) that, at the end of the day, it is the community that has control, not the miners. If ASIC manufacturers act in a way that is harmful to the network, we have recourse.
Just chest thumping. That would be suicide to Fork in response. They could lose most of, if not all miner support. Bitmain could just re-flash the firmware to respond? Initiating the fork could actually give control to the ASIC's miners, of the entire surviving coin. I suspect Bitmain would like this attempt. Bitmain are some cagey cats man. They know what they are doing.
member
Activity: 115
Merit: 10
Announcement from Sia team :

Bitmain has announced ASICs for Sia, shipping in 7 days. 1275w, 815 GH/s, ~$3200 USD. They are more expensive and less efficient than the Obelisk SC1, but they ship several months sooner (7 days as opposed to several months).

Bitmain has a long history of being abusive towards coin communities, their customers, and towards coin developers.We prepared for something like this by adding an extra feature to the SC1. We can do a soft-fork that slightly changes the PoW algorithm which would invalidate the bitmain ASICs, but allow the SC1 units to continue working. In the event of an attack from Bitmain, we can activate this soft fork. At this time, I do not think it is necessary, but if they start mining empty blocks or otherwise prove problematic for the network, we have recourse that does not involve destroying the usefulness of the SC1 units. This fork would of course require community adoption, it's not something the devs could decide to activate on their own. It would be a UASF, because the majority hashrate would not be standing behind the soft fork.

Overall, I do not think we have much to worry about. Hopefully (and very likely), this soft-fork will never be necessary. But I wanted to remind everyone (including Bitmain) that, at the end of the day, it is the community that has control, not the miners. If ASIC manufacturers act in a way that is harmful to the network, we have recourse.
Has batch 1 been released? Does this manufacturer have a history?

This is a very interesting plan from the Sia team. Seems like governance will be the important topic for 2018.
member
Activity: 176
Merit: 10
Announcement from Sia team :

Bitmain has announced ASICs for Sia, shipping in 7 days. 1275w, 815 GH/s, ~$3200 USD. They are more expensive and less efficient than the Obelisk SC1, but they ship several months sooner (7 days as opposed to several months).

Bitmain has a long history of being abusive towards coin communities, their customers, and towards coin developers.We prepared for something like this by adding an extra feature to the SC1. We can do a soft-fork that slightly changes the PoW algorithm which would invalidate the bitmain ASICs, but allow the SC1 units to continue working. In the event of an attack from Bitmain, we can activate this soft fork. At this time, I do not think it is necessary, but if they start mining empty blocks or otherwise prove problematic for the network, we have recourse that does not involve destroying the usefulness of the SC1 units. This fork would of course require community adoption, it's not something the devs could decide to activate on their own. It would be a UASF, because the majority hashrate would not be standing behind the soft fork.

Overall, I do not think we have much to worry about. Hopefully (and very likely), this soft-fork will never be necessary. But I wanted to remind everyone (including Bitmain) that, at the end of the day, it is the community that has control, not the miners. If ASIC manufacturers act in a way that is harmful to the network, we have recourse.
Has batch 1 been released? Does this manufacturer have a history?
legendary
Activity: 1190
Merit: 1000
no need to carry heavy money bags anymore
how many units of A3 was sold today anyone has figures?

Whats wrong with D3 mate ?

My nov batch of $1450 D3 still give me more than $20 a day and should have break even next month. Furthermore with $20 a day, I did sold all of them for $2800 EACH in my local market. I still profit anyway if I sold it for $1000, but the market here is good Wink

So thanks Bitmain, looking forward for A3 next batch Grin
what do you mine with d3?

Looks like about 5000 units were sold internationally, and 6000 units were sold in china, approx 11k units to hit the network.

At 815GH/s per unit, looking at approx 9000TH/s joining the network if one assumed all units start mining on receipt of the units.

Current network hashrate is 600TH/s approx. 15x increase in total hash rate. This would bring down the daily profits to approx 34$usd/day if all 11k units start hashing on the network.

I would assume that the first/2nd batch likely to have a great ROI, and then fall the fate of the D3's following that.

Good luck all

Where do the numbers come from?
Hash should not jump too high since some slow gpu miner will moving to other algo because cannot compete with ASIC

Units sold is based off bitmain site, there may be more units sold if re-open sales again.
$/day is from whattomine.com and based off the sia network explorer
GPU mining accounts for only 600TH/s, even if all current GPU miners leave the network, net difficulty will increase 14x when all sold units start hashing.

What issues do you see?

Sia going to miss the moon and heads straight to blackhole?
member
Activity: 145
Merit: 11
how many units of A3 was sold today anyone has figures?

Whats wrong with D3 mate ?

My nov batch of $1450 D3 still give me more than $20 a day and should have break even next month. Furthermore with $20 a day, I did sold all of them for $2800 EACH in my local market. I still profit anyway if I sold it for $1000, but the market here is good Wink

So thanks Bitmain, looking forward for A3 next batch Grin
what do you mine with d3?

Looks like about 5000 units were sold internationally, and 6000 units were sold in china, approx 11k units to hit the network.

At 815GH/s per unit, looking at approx 9000TH/s joining the network if one assumed all units start mining on receipt of the units.

Current network hashrate is 600TH/s approx. 15x increase in total hash rate. This would bring down the daily profits to approx 34$usd/day if all 11k units start hashing on the network.

I would assume that the first/2nd batch likely to have a great ROI, and then fall the fate of the D3's following that.

Good luck all

Where do the numbers come from?
Hash should not jump too high since some slow gpu miner will moving to other algo because cannot compete with ASIC

Units sold is based off bitmain site, there may be more units sold if re-open sales again.
$/day is from whattomine.com and based off the sia network explorer
GPU mining accounts for only 600TH/s, even if all current GPU miners leave the network, net difficulty will increase 14x when all sold units start hashing.

What issues do you see?
hero member
Activity: 854
Merit: 502
how many units of A3 was sold today anyone has figures?

Whats wrong with D3 mate ?

My nov batch of $1450 D3 still give me more than $20 a day and should have break even next month. Furthermore with $20 a day, I did sold all of them for $2800 EACH in my local market. I still profit anyway if I sold it for $1000, but the market here is good Wink

So thanks Bitmain, looking forward for A3 next batch Grin
what do you mine with d3?

Looks like about 5000 units were sold internationally, and 6000 units were sold in china, approx 11k units to hit the network.

At 815GH/s per unit, looking at approx 9000TH/s joining the network if one assumed all units start mining on receipt of the units.

Current network hashrate is 600TH/s approx. 15x increase in total hash rate. This would bring down the daily profits to approx 34$usd/day if all 11k units start hashing on the network.

I would assume that the first/2nd batch likely to have a great ROI, and then fall the fate of the D3's following that.

Good luck all

Where do the numbers come from?
Hash should not jump too high since some slow gpu miner will moving to other algo because cannot compete with ASIC
member
Activity: 145
Merit: 11
how many units of A3 was sold today anyone has figures?

Whats wrong with D3 mate ?

My nov batch of $1450 D3 still give me more than $20 a day and should have break even next month. Furthermore with $20 a day, I did sold all of them for $2800 EACH in my local market. I still profit anyway if I sold it for $1000, but the market here is good Wink

So thanks Bitmain, looking forward for A3 next batch Grin
what do you mine with d3?

Looks like about 5000 units were sold internationally, and 6000 units were sold in china, approx 11k units to hit the network.

At 815GH/s per unit, looking at approx 9000TH/s joining the network if one assumed all units start mining on receipt of the units.

Current network hashrate is 600TH/s approx. 15x increase in total hash rate. This would bring down the daily profits to approx 34$usd/day if all 11k units start hashing on the network.

I would assume that the first/2nd batch likely to have a great ROI, and then fall the fate of the D3's following that.

Good luck all
full member
Activity: 264
Merit: 100
how many units of A3 was sold today anyone has figures?

Whats wrong with D3 mate ?

My nov batch of $1450 D3 still give me more than $20 a day and should have break even next month. Furthermore with $20 a day, I did sold all of them for $2800 EACH in my local market. I still profit anyway if I sold it for $1000, but the market here is good Wink

So thanks Bitmain, looking forward for A3 next batch Grin
what do you mine with d3?

2 PNX masternodes that now pay $40 each per day with zero electricity cost.
full member
Activity: 155
Merit: 100
how many units of A3 was sold today anyone has figures?

Whats wrong with D3 mate ?

My nov batch of $1450 D3 still give me more than $20 a day and should have break even next month. Furthermore with $20 a day, I did sold all of them for $2800 EACH in my local market. I still profit anyway if I sold it for $1000, but the market here is good Wink

So thanks Bitmain, looking forward for A3 next batch Grin
what do you mine with d3?
copper member
Activity: 2898
Merit: 1465
Clueless!
Whats wrong with D3 mate ?

My nov batch of $1450 D3 still give me more than $20 a day and should have break even next month. Furthermore with $20 a day, I did sold all of them for $2800 EACH in my local market. I still profit anyway if I sold it for $1000, but the market here is good Wink

So thanks Bitmain, looking forward for A3 next batch Grin

I'm making no where near that with 2 d3's so not sure where you are coming from ...esp after the latest dump of crypto

I have ROI'd on all my x11 machines (300mh baikal cube from may/june) but the D3's have little to do with it Smiley



newbie
Activity: 78
Merit: 0
Whats wrong with D3 mate ?

My nov batch of $1450 D3 still give me more than $20 a day and should have break even next month. Furthermore with $20 a day, I did sold all of them for $2800 EACH in my local market. I still profit anyway if I sold it for $1000, but the market here is good Wink

So thanks Bitmain, looking forward for A3 next batch Grin
member
Activity: 308
Merit: 10
I am a sia gpu miner. When will these miners arrive? I will stop mining sia because of the dif increase, but would like to know when to stop

A3's ship in 10 days so allow another what 7 days for arrival and plug in,

At a guess u got 3 weeks of SIA mining left
sr. member
Activity: 384
Merit: 256
I bought one because  Huh lol ugh

Haha, I look forward to your review if you do one!
full member
Activity: 348
Merit: 119
It's the algorithm used by SiaCoin, and others.
Sia is currently developing and selling their own Asic, but which is not shipped before June.
Sia's "Obelisk" runs at 800GH, which a power consumption of 500W. First batch (June) was sold around 2500$ and batch 2 (End of August) is sold now for 1600$.
Bitmain is hardly hitting Obelisk with this move.

i warned people to never buy obelisk or else so long time before release , that was so stupid.
full member
Activity: 173
Merit: 105
I am a sia gpu miner. When will these miners arrive? I will stop mining sia because of the dif increase, but would like to know when to stop
copper member
Activity: 2898
Merit: 1465
Clueless!


hmmmmm.....seems that the 5 obelisks I bought for July 2018 arrival at the same speed as the bitmain units and 150 bucks more per unit, was not my

wisest move huh?

Oh, well, been that kinda week

As to me getting any Bitmain units ..doubtful..... getting equip for crypto is not the best move in the world right now imho..... not with prices tanking

but 'supposedly' those getting these units 'should' do ok.....

one catch thou....the SiaCoin network is not UP yet....thus when it went up ..it was going to use these asic machines for their network of anon storage

at 1 buck to 10 buck amazon storage prices....the inflation on the coin was 25% more coin in existance added a month....IF they had such of an ASIC

network up in July and IF they had the coin used in the manner they state..they could eat this amount of coin and probably need more as tokens for

their asic network that they wanted for speed and security


without that network .this may just be another D3 miner....where bitmain puts out so many units it blows up to way too many coin and the price tanks

so if you are gonna do this ....I'd get a batch 1 or 2

from what I know above....looks like the same bait and switch ..buy me...that bitmain did with the x11 D3 miners

as to myself with 5 obelisks on order for july 2018 all hope is lost...so save yourselves and research above

but how I see it from my sinking ship on the sidelines

brad
newbie
Activity: 15
Merit: 0
Will be smart to buy sia coin now?


Im not sure as Ive heard that price will drop once these miners start flooding the market with coins...  I just invested in Sia over the last couple of days and am thinking that may have been a bad move.
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
I bought one because  Huh lol ugh
legendary
Activity: 2464
Merit: 1710
Electrical engineer. Mining since 2014.
I sent Bitmain a message after I did the bch payment successfully, but the order status soon showed as 'unpaid, unshipped, expired'.

And they were quick, it is now fixed and showing as 'paid, unshipped, valid.'  Smiley

As what comes to the Siacoin developer team,
I don't think it is a great idea to choose who can be the manufacturer for their cryptocurrency miner devices.
So good choice that they aren't going to do a soft fork.
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