Topic: iBelink DM11G - 10800mhs x11 miner - Batch 1 Update thread (Read 3351 times)

they will be an extra cost, more intel in november

Could you please elaborate on the upgrade kits? Will these be available for purchase directly from iBelink, or are they included in the package from the group buy?

Basically if you have one of their old miners like the DM384M then they'll just sell you the hashing boards that you can swap out yourself so you save a few dollars and reuse your exising case, controller, fans and power supply.

Upgrade kit is probably that some DIY modules to upgrade your miner

Can some one explain what is it

UPGRADE KIT ?

Innosilicon could have an edge over the d3 if they use a chip with a smaller process, eg if d3 chip is 22nm or 16nm, then innosilicon could just use a 16 or 14 or even less. The problem with that is it will cost more for them to make, but its better for data centres as its twice the performance in the same amount of space, the space is something data centres want, which would also explain them trying to target 100+ unit buyers only and not home miners. But with their past performance with late delivery and altered specs id say the d3 is a safer buy, if u get the chance. Who knows they could just attach 2 d3 clones together and call it 1 unit of 30gh, like they did with the a4. Their pic on their site is 1 unit, but that could just be something they made up on photoshop with a pretty yellow fan , however it doesnt show how long it is, could be almost 2 foot long instead of 2 d3 linked and attached together parallel. Bitmain always has the best chips.

People that purchased IBelink 2 months ago may have also purchased DASH. Why does it have to be 1 or the other?

Also, if i had 20/20 hindsight like you do, I could've bought Apple shares for $8. Or Google shares for $20. Or Amazon shares for $15.

Every investor can make money if they have a crystal ball.

I'm just happy these things seem to be on time. If they arrive early August, they stand a good chance to ROI before Bitmain releases their batch. Thats when the flood gates open and the difficulty goes to shit.

Thats impossible due to their stated power supply values. Unless they have a chip that no other company has, which I'll go ahead and call BS on.

for 30ghz they'd have to use a 2000w power supply, or thereabouts.

http://cryptomining-blog.com/8917-innosilicon-a5-dashmaster-x11-asic-miner-to-offer-30-2-ghs/

That is good news. But 100 minimum order quantity and preorder in August no timeline on shipping. I'm sick of these ASIC companies ignoring small miners and focusing on the Chinese market at least at first and ignoring the rest of the world.
But at least it's competition which should keep prices competitive and decentralize mining.

I'm not a big fan of Dash but all of crypto needs more p2pools and more competition in ASIC chip manufactures. Having one chip maker is just as dangerous as having one mining pool. SIA coin devs developed an ASIC, they will basically control the blockchain getting to say who can and can't mine and what it costs to mine. Even if they aren't evil, it's not decentralized it's a point of centralization and gives them way too much power.

You don't want DASH to end up with only chips being viable coming from Bitmain. Hopefully iBelink can survive and compete. They should drop prices and ship ASAP. Whatever happens I hope they survive, we need more ASIC companies not less.

Check this out, spoke too soon..

https://bitcointalksearch.org/topic/innosilicon-a5-dashmaster-302g-750w-2033006

This might work out better then i thought, if people dont buy ibelink and giants and drx s because of bitmain releasing their unbuilt miner in 2-3 months then its more profit for ibelinks owners, much more.. even more if people accumulate coins now before the difficulty bomb. Even the new giant owners have a chance.. now their who everyone should feel for.

Plue One.

I guess at this point - having bitmain making an ASIC miner on your coin is a lot like being made fun of in the "Simpsons".  You've made it but do you control your future? 

Also, buying an ibelink isn't getting punked.  People are still going to make a profit. 

Unlucky, Punked indeed, i wont disagree with that. didnt u try and buy 2 ibelinks but then canceled cause u had trust issues? bet u feel euphoric u turned down a successful groupbuy. , well at least their not vapourware or arent getting delivered. At least the group buy has a shipping date now. Sux to be wrong sometimes. Bet bitmain makes some feel better that they missed out.  

No one knew bitcoin would double and dash would almost triple, a lot of people who spent their coins on anything 3 months ago is kicking themselves too, especially if they spent 15k of it. 3 d3s for the price of 1 ibelink, sux true, but by the time anyone gets their d3 (if they can buy  them without selling out and having to wait months, batch after batch) then difficulty will really skyrocket when a major player builds them and ships them out like toasters, if they dont premine on em first. Firmware issues and such, delays, they even got a prototype? a picture of an l3+ doesnt cut it. They might take longer then people think to make, meanwhile a minimum of 3-4k will be mined off the cost of an ibelink by the time the first d3 batch hits, if its on time, and then another 3-4 weeks for next batch and so on. Why do you think d3s are so cheap and powerful? cause they know once they hit they will destroy the profits of not just every other brand of miner but also themselves, They arent some small workshop like a lot of these other producers are, the fact their cheap isnt good, the rarity will be gone.  Dash is already expensive and now bitmain joins the party, well the party will be over in a few months, whats made dash expensive is the fact that it is so hard to mine, huge hardware shortages, bitmain will end that party, profits will be much more modest. LTC was cheap when l3+ came out,  dash is already high, how much higher can it go especially with where its network hashrate will be in a few months with these cheap miners. Ibelinks might be short lived but they will own the hashrate for a good month or so and they will make ROI , with upgrade kits in the future, who else offers that. Ibelink was suppose to deliver to groupbuyers first, then advertise on their webpage for public selling, but what choice did they have, they must have found out about bitmains plans only at the last minute, which is likely, im sure bitmain doesnt advertise its plans to its competitors, so yet again not their fault, and especially not the groupbuys fault. At least their offering upgrades i think in a way to satisfy their customers, who else would do something like that?

None of this lack of luck is the groupbuys fault, despite how some seem to relish at this recent situation as a way of further put others down.

This is better than baikal miner?

Decentralization was the saving grace of Dash in the first place. (The price went up after the p2p pools started)

I agree. 

Getting sucked into an Hash arms race is exactly that.  I know there are not a lot of options and "what will my competitor do" sort of thinking, but just trashing more expensive equipment as inferior is a bad way to pave the future. 

This wasn't a pre order where you had to pay upfront and wait for delivery? If so that makes sense to cancel your order, but overall bad for the eco system to lose a manufacturer. Still do what's in your best interest which is to wait for the better miner.  
Ibelink should do a price drop dramatically NOW. these things are cheap to produce, design costs money but the units themselves are a few hundred dollars. Slash the price Ibelink so you can survive and compete with Bitmain.

I hope you guys get a chance to ROI, but these are the risks of pre orders. I've learned the hard way as have many many others. It's a big risk, you can make a lot or lose a lot. I avoid them now, wait for seller to have miners ready to ship before they get my money. As long as these ship soon, they aren't that much worse spec wise than Bitmain so you should be able to recover much of your investment, and with a price increase in x11 coins you could still turn a profit. Good luck

Bitmain D3 destroys Ibelink. Period I have an order pending with Ibelink that i am not going to fund. LOL im glad Bitmain D3 news saved me from big mistake.