[NEW] Bitmain Announces Antminer A3 - page 68.

jeoarx

newbie

Activity: 24

Merit: 0

Quote from: c-none on January 17, 2018, 03:18:09 AM

Quote from: Hulk86 on January 17, 2018, 03:12:21 AM

Quote from: CarrollFilms on January 17, 2018, 02:54:41 AM

Quote from: BeerMan81 on January 17, 2018, 02:51:36 AM

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

2500 pcs of A3 sold the numbers are rising hour by hour

Now it's more than 4000 pieces. Roll Eyes

how can you know how many sold?

cuteman

full member

Activity: 392

Merit: 102

What a strike to those people who bought Obelisks which will be shipping in summer!! Poor fellows Shocked

itzazkrit

jr. member

Activity: 51

Merit: 2

Quote from: lashatatu on January 17, 2018, 03:02:20 AM

keep in mind that bitmain sold around 150-200k D3 it wont be different for this miner too

do you remember what the rollout schedule was?

c-none

full member

Activity: 210

Merit: 100

Quote from: Hulk86 on January 17, 2018, 03:12:21 AM

Quote from: CarrollFilms on January 17, 2018, 02:54:41 AM

Quote from: BeerMan81 on January 17, 2018, 02:51:36 AM

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

2500 pcs of A3 sold the numbers are rising hour by hour

Now it's more than 4000 pieces. Roll Eyes

Hulk86

jr. member

Activity: 43

Merit: 2

Quote from: CarrollFilms on January 17, 2018, 02:54:41 AM

Quote from: BeerMan81 on January 17, 2018, 02:51:36 AM

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

2500 pcs of A3 sold the numbers are rising hour by hour

Tristan1337

member

Activity: 98

Merit: 10

Quote from: XE14 on January 17, 2018, 03:02:49 AM

Quote from: Tristan1337 on January 17, 2018, 02:56:46 AM

Quote from: CarrollFilms on January 17, 2018, 02:54:41 AM

Quote from: BeerMan81 on January 17, 2018, 02:51:36 AM

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

Yes, initially price may drop due to the large influx of coins. I would wait and see what happens first.

Not gonna happen.
Sia mining difficulty is often re-calculate. So, daily amount of mined SIACOIN will remain the same. However, it will go on someone else wallet.

lol@CarrollFilms Grin

Of course daily amount remains the same, but the more the difficulty rises, the more those coins become distributed among more miners.

The more that happens, the less dumping you get (theoretically). Roll Eyes

At the beginning more people will dump to achieve their ROI. After all this you have more chances of people holding which will help the price potentially increase.

There is no guarantee. But is just a theory. Wink

I just know every coin that has ever has ASICs. The price has increased sooner or later.

vegascoinpool

member

Activity: 223

Merit: 12

Hey here's a thought... why would Bitmain choose this particular coin or algo to make a new machine for? Seems like there's several other algo's that have multiple coins they could have gone after.

Odd.

CarrollFilms

full member

Activity: 156

Merit: 100

Can I eat a Bitcoin?

Quote from: JoshFam on January 17, 2018, 03:01:19 AM

Should I convert my btc to bch to buy this? I barely have enough

Why are you asking the internet. Can't you do your own research?

The obvious answer is no. You're wasting your time and money

XE14

newbie

Activity: 43

Merit: 0

Quote from: Tristan1337 on January 17, 2018, 02:56:46 AM

Quote from: CarrollFilms on January 17, 2018, 02:54:41 AM

Quote from: BeerMan81 on January 17, 2018, 02:51:36 AM

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

Yes, initially price may drop due to the large influx of coins. I would wait and see what happens first.

Not gonna happen.
Sia mining difficulty is often re-calculate. So, daily amount of mined SIACOIN will remain the same. However, it will go on someone else wallet.

vegascoinpool

member

Activity: 223

Merit: 12

Quote from: CarrollFilms on January 17, 2018, 02:58:30 AM

Somebody get the popcorn ready for this shit show

LOL

lashatatu

full member

Activity: 155

Merit: 100

so here is a thing now difficulty is 933,520,449,715,105,000.000 and network hashrate is 600th

if they sell 100K units network hashrate will be 85000th=85ph

to know difficulty of that 85ph we need to divide that number to current hashrate and multiply to current difficulty

so 85000/600=142 142*933,520,449,715,105,000.000=1.325599e+20 if we add this number to calculator we will get those numbers

keep in mind that bitmain sold around 150-200k D3 it wont be different for this miner too

JoshFam

newbie

Activity: 18

Merit: 0

Should I convert my btc to bch to buy this? I barely have enough

CarrollFilms

full member

Activity: 156

Merit: 100

Can I eat a Bitcoin?

Quote from: Tristan1337 on January 17, 2018, 02:56:46 AM

Quote from: CarrollFilms on January 17, 2018, 02:54:41 AM

Quote from: BeerMan81 on January 17, 2018, 02:51:36 AM

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

Yes, initially price may drop due to the large influx of coins. I would wait and see what happens first.

Somebody get the popcorn ready for this shit show

Tristan1337

member

Activity: 98

Merit: 10

Quote from: CarrollFilms on January 17, 2018, 02:54:41 AM

Quote from: BeerMan81 on January 17, 2018, 02:51:36 AM

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

Yes, initially price may drop due to the large influx of coins. I would wait and see what happens first.

CarrollFilms

full member

Activity: 156

Merit: 100

Can I eat a Bitcoin?

Quote from: zazka on January 17, 2018, 02:54:10 AM

From https://www.blocktrail.com/BCC/address/1NrMNvxsDwsQ9DA4styegmTue9tPPsV9bg
Currently 1800 miners sold, let's say they will sell 3000:
3000*0.85GH/s = 2550TH/s
Current diff is 930 TH/s
2550 + 930 = 3480 TH/s
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&d_enabled=true&d=3.475254222013053e%2B18&p=1300.0&fee=1.0&cost=0.16&hcost=3000.0&commit=Calculate
This gives 135$ per day

Not for long they won't.

Did you ever see what happened to DASH coin once all the D3 miners hit the farms?

CarrollFilms

full member

Activity: 156

Merit: 100

Can I eat a Bitcoin?

Quote from: BeerMan81 on January 17, 2018, 02:51:36 AM

i'm wondering if i should be buying these coins now...

flood the market right as miners get their machines so they begin to mine worthless coins

zazka

newbie

Activity: 8

Merit: 0

From https://www.blocktrail.com/BCC/address/1NrMNvxsDwsQ9DA4styegmTue9tPPsV9bg
Currently 1800 miners sold, let's say they will sell 3000:
3000*0.85GH/s = 2550TH/s
Current diff is 930 TH/s
2550 + 930 = 3480 TH/s
http://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=815000.0&d_enabled=true&d=3.475254222013053e%2B18&p=1300.0&fee=1.0&cost=0.16&hcost=3000.0&commit=Calculate
This gives 135$ per day

BeerMan81

full member

Activity: 151

Merit: 100

i'm wondering if i should be buying these coins now...

Tristan1337

member

Activity: 98

Merit: 10

Nice! I'm buying a few. We'll see if it actually ships in 10 days. Cheesy

Also, there is the potential that price will increase in the next few months, due to the difficulty rise this will create. Cool

thebigjdoe

member

Activity: 78

Merit: 10

Quote from: XE14 on January 17, 2018, 02:41:41 AM

I've built a profit simulator for SIACOIN mining as I am was interested in purchasing Obelisk miners.

So, I modified datas to fit with this Asic and here we go:
(figures are slightly lowered because simulation was since June and included a decreased block reward as it's stated in SC source code.

Future price : $0.05
Electricity price : 0.18$
% remaining GPU miners (conservative IMO) : 10%
Pool fees : 2%
Investment : 2979$ (A3+PSU+import taxes

If qty sold is : 5000
Net daily reward : 164.21$
Net monthly reward : 4926.24$
ROI : 18.14 days

If qty sold is : 10000
Net daily reward : 82.10$
Net monthly reward : 2463.06$
ROI : 36.28 days

ROI is directly correlated to sia price, so if it reaches 0.10ct, ROI is 9 days for 5k sold, 18 days for 10k sold.

Nice, might take a bit for the GPU miners to drop off. A lot of them are dual mining.

Also, do you sell off your sia coins right away or hold and hope for price to spike... hhmmm

Topic: [NEW] Bitmain Announces Antminer A3 - page 68. (Read 22431 times)