Topic: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3 - page 274. (Read 299754 times)

Yes, the very first batch for the AntMiner S7 was slightly delayed. Bitmain ended up compensating everyone with bitcoin for the lost mining time.

 Probably late October, perhaps November - they've not announced that part yet that I've seen.

 Hashrate does NOT affect price. That's a very long-standing urban myth I wish folks would STOP spouting.

 Profitability follows PRICE, not the other way around.

Yup. But that's it. Third and fourth will probably take much longer.  Unless you think Dash is going to $400-$500 sometime in the future.  

Hi guys, am I thinking right here. 15GH is 15,000 MH's?

Would half the current miners be turning off when the big miners come online? of setting the difficulty some what?

I will think the ROI will be very fast for the D3 in the first 2 batches...

When are they planning to do that?

wow. good news. 

now i have to decide to take a L3+ or D3. the date of shipping are the same. 

I do believe they are "testing" the miners that are about to be shipped, but even if 2/3 of the current hashrate are the ones that are going to be shipped, its still a ~10x increase. In my calculations, this batch coiming in november is looking at ~20 bucks a day, and its probably going to be a 3-5 months to ROI

Dash difficulty is going up like crazy now (even before the mass arrival of any big boys).

https://www.coinwarz.com/difficulty-charts/dash-difficulty-chart

Have they done something like that in the past?

I bet Bitmain will delay batches to release late September. They will announce, "Driver issue. More testing!"

I appreciate the analysis that as hash rate climbs the price climbs.  However if you use BTC as an example there is a TON of hash chasing BTC and the profitability of those miners who mine BTC for the most part is really not very good.  This is why so many people mine the "alt's" and not BTC directly.  

With this much hash rate dumping on X11 even if the price climbs the return/profitability of the miners is going to really stink and by the end of the year, and is probably going to be a pretty grim picture.  I don't mine BTC directly for a reason.  And with this huge dog pile in X11 it looks like there are very good reasons to not mine X11.  Now if you were one of the lucky ones to get a DM11G in the first batches or possibly even one of the first batches from Bitmain you may have a shot at getting your ROI in good time frame, but everything after that starts to look like a daily grind to squeeze out any profit.  I say congrats to the guys who bought the first batches and will likely get rewarded for their risk taking.  Everyone else jumping in now are going to be shocked as their calculations for profits crumble.

If you really think Dash is going that high then now is the time to buy a lot of Dash and hold it.

I have Baikal A900 giants and the profitability of those miners has fallen to almost nothing already regardless of the algo that they support.  By next month if things don't change those miners may be lucky to break even after cost at this rate of decline.

It is time for a reality check on the expectations for these miners.    Ask someone who is mining X11 right now what the picture looks like already.

There's also a good chance that much of the hashrate from the D3s has already been added to the network while Bitmain "tests" them. We'll likely see a noticeable downward spike when they ship the first batch.

Do you honestly think the 15 TH that are mining now are going to stay on? Also, the other miners are going to be a minority. There's been historically a price increase with hash increase. We'll have to see if that holds true.

Current Dash network hashrate is somewhere around 15 TH/s. That means that if there was a total of ~7000 Antminers D3 sold in the first 3 batches, that the network hashrate is going to jump by (15GH/s=0.015TH/s) 0.015 TH/s*7000 = 105 TH. That is of course not including other ASIC manufacturers and making an assumption that all those Antminers already sold are not already hashing right now. This is pretty much a 10x bump in network hashrate even for first 3 batches. Does that means that the profits are going to be cut 10 times, leaving you with 20 bucks a day?

Am I mising something?

I saw that after I posted in haste. A " pre-coffee post". NP I'm just jealous of your awesome rep status on Amazon. You deserve whatever profits you make. You're a stand up guy in a world of scammers and miscreants.

It was albertojames who said 35k, not you BenRicker - I know you're smarter than that. I meant no disrespect to you.

3500 NOT 35,000. Don't be ridiculous.

I didn't type "35,000" I typed 3500. Take it easy Crypto, you'll still be able to sell your extra units on Amazon at huge markups. There's a sucker born every minute ya know.

Just saw the announcement that additional D3's are available to buy end of this week. Maybe I'm overlooking but when do they expect to ship these?