Topic: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3 - page 67. (Read 299686 times)

here is some more great news [sarcasm] my D3s for Nov 21-29 batch were just shipped will be here in 2 days. Expect difficulty to jump again. Also clever bitmain is only sending D3s and not the PSU i bought with it. very smart of bitmain. very smart. so i have a shiny D3s but no way to power them.

here is some more great news [sarcasm] my D3s for Nov 21-29 batch were just shipped will be here in 2 days. Expect difficulty to jump again. Also clever bitmain is only sending D3s and not the PSU i bought with it. very smart of bitmain. very smart. so i have a shiny D3s but no way to power them.

be interested to know what pools you guys using? i got like 3$ worth of dash in 24 hours before electricity...

Hey guys! I personally received a bunch of d3 as of a few days ago and have already found a reliable hosting facility. I mostly see here people that bought 1-15 miners and now are panicking. I have been in the game for a long time and this scenario is no different then any other. Crypto Business is very predictable, especially when it comes to Bitmain way of thinking. Yes, you will end up making a small amount of change for a while, but if you BELIEVE in this wicked game, you will at the end be rewarded. Same Thing happened to bitcoin miners. Here is What will happen, BIG FISH will NOT let D3 stay unprofitable, thats one. BITMAIN would not release a miner if they didnt know what they were doing. This game is not in your hands, but in big player hands.  While your selling your miners Under 1k, all the big fish will buy out and laugh at you when dash will hit 1500$ in a few month and they are the only ones mining. And dont forget, every antminer has hidden hash power that mines for BITMAIN. Yes every miner out there brings revenue for them too=]. Cheers, just believe that the future holds rewards whether your in GPU or Latest Asic equipment. D3 WILL NOT FAIL, just be patient

Dash is not doomed. The Dash mining difficulty has just caught up to the mining power that was pointed toward it. We all knew this was going to happen.. just didn't expect it to happen so fast. And just because it happened fast, doesn't really mean anything at the end of the day (other than disappointing people that thought they had bought a magic money machine that was going to hand them hundreds of thousands annually). It just means that it has now joined the rankings of established cryptocurrencies. There was no way the network was going to sustain allowing people to make even $50 a day if everybody else was also competing for $50 a day.

Disregard hardware cost for a moment, and just think about electricity cost to reward (efficiency). In the history of cryptocurrency mining, has there ever been a (decentralized) coin that was completely unprofitable to mine? No, the incentive game theory is and has always been applied to every cryptocurrency that has ever existed. People will stop mining it when the reward is to low, and the patient people will stick around until it becomes profitable to mine again. If it only remains unprofitable to mine with the most powerful equipment, then that means that it does not exist, or there are more efficient miners available that are not being released to the public.

In the US, the story will go like this:
- Eventually (pretty much now) the D3 will make about $2 - $4 a day, and the A5's will make $7 - $10 a day.
Huh.. What a coincidence. The Antminer S7 makes $2 - $4 a day and the Antminer S9 makes about $7 - $10 a day... strange.

I am not siding with Inno just because their miner is (allegedly) more efficient, because I do not agree with the insane price point.
But to be fair, everybody had fair warning that the D3 was not the most efficient miner out there even before you purchased it. It's like buying an Antminer S7 when the Antminer S9 already existed. I understand that you could of bought 5 or 6 D3's for the price of 1 A5, but if you have been in the mining scene before, you would know that efficiency is the name of the game. If you didn't want to purchase the A5 (I don't blame you one bit) then you bought the D3 hoping to make a quick profit before it was too late, by no means should you have though that the D3 was a good long term investment knowing that was like the equivalent of Dashs' version of Bitcoins' Antminer S7.

I don't see how this could negatively effect Dash's future. Changing the algo is irrelevant. I don't quite follow you on that one.

Mining companies are not in the business to make everybody else rich. That would be a horrible business model. They know what their doing and so should we.

Cut your losses. . there is no magical coin around the corner here to save X11/Dash, Bitmain & the other companies have destroyed X11.

Innosilicon may be the worst of them all, at least bitmain only charged you ~1.5k for most of the D3's, the A5's cost the buyers 10 grand, that's insane.


There is no one coming to save X11 or Dash, x11 miners will miss the days they made $4 profit a day . .by NEXT MONTH


Furthermore I think this will negatively effect Dash's future, to the point if I was in charge of Dash, I'd change the mining algo, FWIW I sold all of my dash on todays price increase.

This thread is really entertaining to read because you very clearly see both sides of the positive and negative outlook spectrum

If anyones interested I posted this video 1-2 weeks ago and it's my take on x11 mining / outlook
https://youtu.be/ipTsthJYn1g


bitcointalk is my online crypto home and I want to see its users do well - so here's my updated take on x11 mining today


Cut your losses. . there is no magical coin around the corner here to save X11/Dash, Bitmain & the other companies have destroyed X11.

Innosilicon may be the worst of them all, at least bitmain only charged you ~1.5k for most of the D3's, the A5's cost the buyers 10 grand, that's insane.


There is no one coming to save X11 or Dash, x11 miners will miss the days they made $4 profit a day . .by NEXT MONTH


Furthermore I think this will negatively effect Dash's future, to the point if I was in charge of Dash, I'd change the mining algo, FWIW I sold all of my dash on todays price increase.

Anyway, up to everyone to make their own decisions, when I was certain that IMO X11 was doomed I spoke my 2c to help those that I could on BTCtalk and my subscribers - so here's my updated 2c