Topic: [NEW] Bitmain Announces Antminer A3 - page 15. (Read 22419 times)

Ugh..I'm not sure what to do.

My A3 Is still only pushing out of one board.

The first two boards are totally fine but for the last week now board #3 has not been doing anything. I've tried resetting to factory numerous times, obviously restarting and cooling and nothing. Is there anyone that has any advice? It's killing me :/ I've tried a diff power supply too.

https://ibb.co/nngmdm

hat tip to anyone who can help! Thank you.

i think so,  with the current cryptoprices the a3 is making  almost 50 dollars a day..just imagine when the market recovers until march. and diff is also getting lower. so more coins. if its making 100 dollars/day at beginning of march im pretty sure there are stupid buyers who pay 5-6k for it.

i will do it this way. Mine untill beginning of march ---> ebay

Has anyone used antpool with their A3? Did you get paid out? I have lots of confirmed shares but no coin payouts.

That's what I am planning.  But I will get two instead of one of whatever new miner they come out with. And I will use Fedex.  UPS cost twice as much plus $72 fee and they were the last delivered.  F!!! UPS.

Is the best tactic, for those of us who only have 1-2 A3 miners, to mine up until mid March and then sell the A3 locally before the second batch comes out? Take your profits and then wait for bitmain to release another miner for a new coin and go with that. basically just buy the first batch, sell, wait, buy new miner of a different coin and continue like this for the next few years. To me it seems like the quickest and easiest way to make good profits

First, Key words:  "at this rate".... of course there are still a 'few' stragglers still plugging into the network,,,, but that would not cause hashrate to grow at this rate.
Second, who said anything about worry jonesey?  Just raising this as a possible reason for the hash rate growth. Mine on.

he is a big miner and can afford to take this equip risk above....so,  I gave him $800 coupons (5 of them) equivalent to a $4,000 savings on these units total.

I get 1 decred miner free, He gets the other 4 miners at 1,000 each rather than $800 each and he gets 4 and I get 1 coupon and $800 bucks  equivelent for that 1 miner.


Again, it is a gamble, he is big enough, that if it all goes tulips....it will not effect him much, my risk is that sia-tech forks siacon (SC)  because of bitmain and I will have lost

the option of using these in the future for equipment....his risk is that bitmain will make a decred miner and/or as you say....the stuff never shows up


as of now, imho, as a gamble, he is in pretty good shape (again, high risk gamble indeed..but looks better than a few days ago on his purchase plan)


He got these when BTC was over 10k, so that was good, they have raised prices significantly on the 3rd batch, he got to use my coupons

The other thing I would point out on HOW at a certain size, you are sometimes willing to take such gambles (mine was april 2017 at $6 LTC and getting 20k of bitmain

stuff, and annoucing on April fools day 4/1/17 that $6 was the LTC floor..sometimes you just get lucky on such gambles..I needed like him the equip deduction and

looked at a 12-14 month ROI and threw the dice)



You get to a certain size...and look at 50% to the IRS/w/state taxes ..it more or less comes out to....and you look at the further in 1 year compressed equipment deductions at

25% in real $$$ you can apply to taxes you KNOW you are gonna pay, anyway this year, and after your 'dubious' equipment purchases, are faced with a 25% risk above what you'd pay the

IRS anyway, when it all pans out. (assuming the equipment is not vaporware)

(BTC and crypto crash or not) and your 'speculative risk-taking' goes up proportionally.

I am not 'big' enough for a risk such as this, I am willing, however, to dump $4k of coupons for 1 decred miner, however.



there are different hedges if you are in the above tax and equip depreciation situation above...why large miners seem crazy!


1) you can get a crapload of equip NOW of many ASIC flavors, as they are available and BET on a price pump, back up to the 10-12k range this year and have equipment
    
    in hand, you likely would never be able to get, if/when the price does go back (as you hope) to that level.

2) you can hedge that price is gonna go down and sideways, and you being big enough will be the last man standing and mine and hold, while smaller farms have to die

    or at least NOT expand.....and play the long term difficulty game to your advantage, as it goes sideways, (maybe)

3) you can hedge on equipment now, because you think BTC is gonna dump (do it at above 10K BTC vs now) and use crypto  you mined this year (or month) at a 'capital loss' or at
  
    least EVEN...thus use newly minted coin..mined this year and no 40% capital gains dumping such for less than a year and a day....being revenue 'Neutral' by Feb 1st 2018 is attractive.

4) You can also run with this bet that prices of crypto will rebound when tether/fud/etc is resolved one way or another, and play getting a lot of USED equipment CHEAP,  on the

    same bet of crypto price recovering. I did not buy any new equipment between Nov 2014 till Bitmain units April 1st 2017....it was all used or knc liquidation or eBay...have 10x

    the equipment on my farm, all on the above units before the mentioned April 1st 2017 Bitmain bet of units to boot.....


Another hedge example, using paranoia, of me doing something like he is doing, with many flavors or ASIC'S, I did last month

I myself with equipment purchases and being paranoid in Dec 2017, paid ALL MY MINERS data hall Elec/misl monthly bills until June 1st 2018...which when it was like $193 LTC or so ....as a

hedge, which means, with that hedge, I can run the KNC Titans a heck of a lot longer now....so come what may...I could be mining AIR, but they will last at least that long!


stuff like that...but yeah, I tried to talk him out of it....I don't need 1 decred miner that bad...but I damn sure hope he is correct and this Tether thing gets resolved

and by resolved I mean ...pull the band-aid off and get the facts SOON, if tether was what pumped crypto prices up..fine..get it resolved on what happened...move on!

.but his bet is once that tether clears up, it will be back to the races again for crypto prices and he will have enough equipment to keep the tax man away

and play and mine another year.

Again, high risk, but I damn sure hope he is correct!

Thus again, you get a certain size and a lot of stuff comes into play, in the form of 'what the hell: buy'

fun time this crypto hobby..always drama

brad

But you can have a live cat in a mining rig
https://www.facebook.com/CryptoMinerUK/photos/pcb.218768225338009/218767425338089/?type=3&theater

Bitmain is "cleaning house" in preparation for something. For cripes sake, they even put those old T9's on the market and called it a T9+!! Even though the original T9 was 11.5th and the T9+ is 10.5! LMAO. I believe they are clearing inventory in preparation for 10nm releases that are imminent. I would be very cautious of buying any Bitmain mining products these days. You can't throw a dead cat in the computer hardware forum, without hitting a pile of overpriced ASIC miners from Bitmain.

I'm sure there are batch 1 A3s coming online still.  That said, its not a secret that Bitmain uses the miners before they sell them, so I don't see what the big deal is.  If you are this worried now, what will you be saying when Obelisk releases 2 batches this summer?  Its mining, the hashrate of successful coins will always be growing.

The total hashrate continues to go up which leads me to believe that Bitmain is manufacturing and mining their own stock of batch 2,3 miners.  If total hash rate goes
above 9000Ths,,,, it is pretty certain that Bitmain is producing and mining the hell out of batch 2 already.  There is no way that batch 1 A3s are still coming online at this rate.

https://siamining.com/stats

Which is why Bitmain just opened ANOTHER batch of the bastards and offered a 3 x more per person limit of purchase.

It's a bugfix in the sia network implemented to fix block times, it's was announced quite a long time. Difficulty is still expected to drop quite a bit,

I think its all the dual miners exiting

Are you saying your buddy paid you $1000 each for coupons that don't official exist?!

Why would they release the number of units they are making?  Obelisk did this and look what happened.  Bitmain has to weigh production with the risk that competitors will come out.  Why would they limit the number they are producing when another company could start making these things and sell 50,000 of them?

I would not buy the second batch of A3, seems like the same thing that happened to the D3s

What do you mean by long time? The slow bleed of alts because of BTCs uptrend to 20K put them all lower than what they are now in November/December..

yup i get my weekly block of eth tomrow and Im selling it to to buy as much of the smaller cryptos i have can

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