Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3 - page 240.

bearsworth

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Quote from: QuintLeo on August 17, 2017, 08:21:49 PM

Quote from: bearsworth on August 17, 2017, 05:51:23 PM

Quote from: suchmoon on August 17, 2017, 05:35:02 PM

Quote from: bearsworth on August 17, 2017, 05:09:12 PM

I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.

Why would the number of sold miners affect Dash price?

More miners -> more coins being produced and sold -> lower Dash price.

More miners has ZERO effect on how many coins are produced.
More miners = more DIFFICULTY, not more coins.

Read my newer comment. It will make more sense near the end. The bad scenario would be like the first introduction of scrypt asics where the difficulty sky rocketed and the first people to get their asics would sell because they were afraid of more other miners competing. I personally am going to hold most coins I make because I have made a lot just trading. This is really to help me stop selling so quickly Grin

.

QuintLeo

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Quote from: bearsworth on August 17, 2017, 05:51:23 PM

Quote from: suchmoon on August 17, 2017, 05:35:02 PM

Quote from: bearsworth on August 17, 2017, 05:09:12 PM

I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.

Why would the number of sold miners affect Dash price?

More miners -> more coins being produced and sold -> lower Dash price.

More miners has ZERO effect on how many coins are produced.
More miners = more DIFFICULTY, not more coins.

Marvell1

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Leading Crypto Sports Betting & Casino Platform

Quote from: QuintLeo on August 17, 2017, 02:20:32 PM

Quote from: Marvell1 on August 17, 2017, 10:22:41 AM

yeah i bought my 5 factoring in a 10x diff rise posiiblity by nov 25

I'm betting on 10x of what it was as of 15Aug2017 before the end of October 2017, and probably more like 15-20x by end of November 2017 - and likely will KEEP climbing from there, especially with this NEW D3 batch that seems to have been big enough to take HOURS to sell out.

Keep in mind, it's NOT just the D3 - you also have IBeLink DM11G units shipping, Innosilicon A5, Pinidea PR-100 (if they actually manage to SELL any at their far-too-high price, but if they don't they COULD just mine with them), IBeLink DM22G.....

I have to wonder how many more batches of D3 chips Bitmain has "in the pipeline"....

In fairness, I can see a pretty good probability of all the D3 units sold to date achieving 100% ROI eventually - just not in a 2-3 MONTH timeframe unless you got in on the first batch, and likely 4-5 for the second.

yeah for professional miners this still a good investment heck 8 month ROI is fine for the pros sicne they are in it for the long haul. I feel for al lthos fools that paid 3-5k for resold units from the previous batch.
PPl never learn , NEVER overpay for hardware anymore , youre better of waiting and buying at normal price, same happend with all those fools who bough rx cards for 500 600 , they might never ROI.

better to be on the sidelines than to rush in and get fked

Savik

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I'm not sure if this is the same, but check LTC price and difficulty charts for the past 6mo. L3+ came out at beginning of May:

(Apologies for the clunky chart comparison, I'm sure there is a chart somewhere with both but you get the idea)

Diff:
https://bitinfocharts.com/comparison/litecoin-difficulty.html#6m

Price:
https://bitinfocharts.com/comparison/litecoin-price.html#6m

bearsworth

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Activity: 392

Merit: 250

Quote from: thesavoyard on August 17, 2017, 06:45:51 PM

Quote from: bearsworth on August 17, 2017, 06:27:28 PM

Quote from: CryptoCrane on August 17, 2017, 06:03:22 PM

Quote from: bearsworth on August 17, 2017, 05:51:23 PM

Quote from: suchmoon on August 17, 2017, 05:35:02 PM

Quote from: bearsworth on August 17, 2017, 05:09:12 PM

I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.

Why would the number of sold miners affect Dash price?

More miners -> more coins being produced and sold -> lower Dash price.

This is a common misconception - as more miners come online, the mining difficulty increases automatically to ensure that the number of coins being generated remains the same.

Sure the difficulty adjusts, but when a lot of miners are competing with each other, they will sell their coins to gain profitibility. By selling their coins as they receive them, other market participants may react by selling their own holdings followed by more selling and you get the picture.

Maybe I should change my language a bit. More coins produced to be sold and not to be stored. If however people hold onto the coins, it may counter act this, but most people are pretty negative at current state based on the replies here.

Dash has dynamic mining. It will increase supply when hashpower is low to attract miners and tighten as hashpower rises. Other things factor in such as the number of transactions. The insurgence will boost Dash all around though.

I'm all for Dash going up. In fact I think these machines will make more. $400 Dash seems possible with the current market, but again it might take much longer.

thesavoyard

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Quote from: bearsworth on August 17, 2017, 06:27:28 PM

Quote from: CryptoCrane on August 17, 2017, 06:03:22 PM

Quote from: bearsworth on August 17, 2017, 05:51:23 PM

Quote from: suchmoon on August 17, 2017, 05:35:02 PM

Quote from: bearsworth on August 17, 2017, 05:09:12 PM

I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.

Why would the number of sold miners affect Dash price?

More miners -> more coins being produced and sold -> lower Dash price.

This is a common misconception - as more miners come online, the mining difficulty increases automatically to ensure that the number of coins being generated remains the same.

Sure the difficulty adjusts, but when a lot of miners are competing with each other, they will sell their coins to gain profitibility. By selling their coins as they receive them, other market participants may react by selling their own holdings followed by more selling and you get the picture.

Maybe I should change my language a bit. More coins produced to be sold and not to be stored. If however people hold onto the coins, it may counter act this, but most people are pretty negative at current state based on the replies here.

Dash has dynamic mining. It will increase supply when hashpower is low to attract miners and tighten as hashpower rises. Other things factor in such as the number of transactions. The insurgence will boost Dash all around though.

cleay_co

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This could send the price of Dash up actually, Price is already at $240, would not be surprized if it reaches $400 plus by the end of the year. You have to remember the price could rise when doing your calculations guys, this will intern mean quicker ROI. I strongly believe this will happen, plus whats great about Dash is that lots of its coins are locked up in Master Nodes which means less coins to purchase on the market, as the price rises people will try and get more master nodes as the payout is great and then the price continues to increase. Thats just how I see it happening

bearsworth

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Activity: 392

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Quote from: CryptoCrane on August 17, 2017, 06:03:22 PM

Quote from: bearsworth on August 17, 2017, 05:51:23 PM

Quote from: suchmoon on August 17, 2017, 05:35:02 PM

Quote from: bearsworth on August 17, 2017, 05:09:12 PM

I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.

Why would the number of sold miners affect Dash price?

More miners -> more coins being produced and sold -> lower Dash price.

This is a common misconception - as more miners come online, the mining difficulty increases automatically to ensure that the number of coins being generated remains the same.

Sure the difficulty adjusts, but when a lot of miners are competing with each other, they will sell their coins to gain profitibility. By selling their coins as they receive them, other market participants may react by selling their own holdings followed by more selling and you get the picture.

Maybe I should change my language a bit. More coins produced to be sold and not to be stored. If however people hold onto the coins, it may counter act this, but most people are pretty negative at current state based on the replies here.

CryptoCrane

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Activity: 384

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Quote from: bearsworth on August 17, 2017, 05:51:23 PM

More miners -> more coins being produced and sold -> lower Dash price.

This is a common misconception - as more miners come online, the mining difficulty increases automatically to ensure that the number of coins being generated remains the same.

bearsworth

sr. member

Activity: 392

Merit: 250

Quote from: suchmoon on August 17, 2017, 05:35:02 PM

Quote from: bearsworth on August 17, 2017, 05:09:12 PM

I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.

Why would the number of sold miners affect Dash price?

More miners -> more coins being produced to be sold and not stored -> lower Dash price.

suchmoon

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https://bpip.org

Quote from: bearsworth on August 17, 2017, 05:09:12 PM

I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.

Why would the number of sold miners affect Dash price?

bearsworth

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Activity: 392

Merit: 250

I think I finally know why Bitmain is releasing so many. They want to stomp on Dash price to make it look poor relative to Bitcoin. Doing so would bring more people to Bitcoin, thus boosting Bitmains own bitcoin stash. Jihan must have thought this through.

Dexterqo

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Quote from: wolf_miner on August 17, 2017, 03:43:52 PM

Quote from: Dexterqo on August 17, 2017, 03:27:06 PM

there is still 12949 units remaining units in last batch.... Huh

Hi, where this number come from?

Simply you can chcek the web side code on product page and search for "remain"
Now I can see this values:

invalidnonce

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Quote from: Dexterqo on August 17, 2017, 03:20:32 PM

Quote from: suchmoon on August 17, 2017, 01:47:15 PM

Quote from: Dexterqo on August 17, 2017, 03:41:40 AM

Quote from: taserz on August 17, 2017, 02:59:24 AM

IT will go back to paid it's just a glitch.

You're right. It's already back to Valid and Paying.. Hope that it will be changed to Paid soon. Today it's 9th day from day when I sent money...

Check your order details and make sure you paid the correct amount. "Paying" means Bitmain received only a partial payment or for some other reason they think you didn't pay in full.

I paid full amount. I am 100% sure. Have opened ticket fot the same, so let's see. Still waiting for their response.

My first batch was via wire and it shows paying.
I asked about that, I was told I'd be contacted from China about it, the wire transfer was short. I don't think the $55 fee from their bank was covered by my wire so they'll probably ask for it.

CryptoCrane

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Quote from: eiquy3 on August 17, 2017, 03:48:45 PM

Looking for Ant Miner D3(First or second Batch), if any one can provide some information on re seller of these miners that would be really helpful.
Thakns

We'll have some from batches 1/2/3/4 on our Amazon store. The D3 will not show up until September 1st when we activate the listing. Pricing has not yet been determined. Please note, we only ship to locations within the United States from our facility in Michigan.

eiquy3

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Looking for Ant Miner D3(First or second Batch), if any one can provide some information on re seller of these miners that would be really helpful.
Thakns

wolf_miner

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Quote from: Dexterqo on August 17, 2017, 03:27:06 PM

there is still 12949 units remaining units in last batch.... Huh

Hi, where this number come from?

Dexterqo

newbie

Activity: 28

Merit: 0

there is still 12949 units remaining units in last batch.... Huh

Dexterqo

newbie

Activity: 28

Merit: 0

Quote from: suchmoon on August 17, 2017, 01:47:15 PM

Quote from: Dexterqo on August 17, 2017, 03:41:40 AM

Quote from: taserz on August 17, 2017, 02:59:24 AM

IT will go back to paid it's just a glitch.

You're right. It's already back to Valid and Paying.. Hope that it will be changed to Paid soon. Today it's 9th day from day when I sent money...

Check your order details and make sure you paid the correct amount. "Paying" means Bitmain received only a partial payment or for some other reason they think you didn't pay in full.

I paid full amount. I am 100% sure. Have opened ticket fot the same, so let's see. Still waiting for their response.

CryptoCrane

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Activity: 384

Merit: 256

With a 3 month lead time before November, I suspect Bitmain is just opening the flood gates and doesn't have a preset number to sell out of. The available quantity from the late November batch is possibly infinite and purely time-based. After all, they have the time to ramp up production and can purchase however many chips they need given the time-frame.

Topic: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3 - page 240. (Read 299754 times)