Topic: Pinidea's X11 ASIC miner (500 MH) - to buy or not to... - page 2. (Read 10558 times)
A little review of Pinidea DR-1 500 MH/s X11 asic miner: https://www.dash.org/forum/threads/hands-on-review-and-experience-of-the-pinidea-asic-x11-miner-dr-1.8751/
I am wondering too that there are so few good proofs for such a good miner...
Here is a link to p2pool stats for DR-1 working with one hashing board (another board seems to be damaged): http://bampfylde.doesntexist.org:7903/static/
Here is a link to p2pool stats for DR-1 working with one hashing board (another board seems to be damaged): http://bampfylde.doesntexist.org:7903/static/
That thing in the video looks nice, actually...but where's the actual proof of mining?
I want to see proof of on/off functioning, pool connection, hashing, work units completed, sent etc.
I want to see proof of on/off functioning, pool connection, hashing, work units completed, sent etc.
You better ask them about it. )
Meanwhile we have a next video from one of buyers: https://dashtalk.org/threads/pinidea-asic-x11-miner-dr-1-hashrate-500mh-s-320w-weighs-4-5kg.8099/page-14#post-92080
Meanwhile we have a next video from one of buyers: https://dashtalk.org/threads/pinidea-asic-x11-miner-dr-1-hashrate-500mh-s-320w-weighs-4-5kg.8099/page-14#post-92080
How many of those miners did they sell? Hashrate is around 80GH but for every 2 they sold it will increase by 1GH.
But someone can. And it seems that if nothing ventured, nothing gained. 
https://dashtalk.org/threads/pinidea-asic-x11-miner-dr-1-hashrate-500mh-s-320w-weighs-4-5kg.8099/page-13#post-91984
https://dashtalk.org/threads/pinidea-asic-x11-miner-dr-1-hashrate-500mh-s-320w-weighs-4-5kg.8099/page-13#post-91984
Now there will be released an USB-miner for X11 algo. Soon.
https://dashtalk.org/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/
https://dashtalk.org/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/
I can't trust "manufacturer" that claims hashing speed in MHz instead of MH/s.
Now they have posted a link to their cgminer fork for using with DR-1 500 MH/s miner: https://github.com/PinIdea/ASIC-X11-Miner/releases/tag/v1.0
p.s. but it looks that this cgminer doesn't work well enough: https://dashtalk.org/threads/pinidea-asic-x11-miner-dr-1-hashrate-500mh-s-320w-weighs-4-5kg.8099/page-12#post-91971
p.s. but it looks that this cgminer doesn't work well enough: https://dashtalk.org/threads/pinidea-asic-x11-miner-dr-1-hashrate-500mh-s-320w-weighs-4-5kg.8099/page-12#post-91971
They are yet to release anything actually, besides someone claiming to have a test unit shipped, nobody else has reported anything about the ordered unit shipped yet. There should be quite a few people that have already ordered, so be very careful until there is some real proof!
Now there will be released an USB-miner for X11 algo. Soon.
https://dashtalk.org/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/
https://dashtalk.org/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/
It is not 152nm, the other X11 asic is using that process, this one should be 55nm hence the lower power usage.
Well its 152nm technology so maybe it cost $100,000 to design instead of $1 mil.
they are selling this for 3k so by selling 30 of them they have already roied on the design aspect
Well its 152nm technology so maybe it cost $100,000 to design instead of $1 mil.
Pretty much. This ain't something you cook up in your own lab.
That review page still looks scammy as all hell.
It's a good point to make about the market cap for coins as well. Who is going to spend the potential millions to build ASICs for algorithms that drive weak coins that have no real future outside of pump n dump schemes?
That review page still looks scammy as all hell.
It's a good point to make about the market cap for coins as well. Who is going to spend the potential millions to build ASICs for algorithms that drive weak coins that have no real future outside of pump n dump schemes?
X11 coins have no market cap.
Dash has a high market cap however the block reward is very low to miners.
So I am surprised that people actually designed an ASIC for this. Doesn't it cost $1,000,000 to for chip tape-out and everything?
Dash has a high market cap however the block reward is very low to miners.
So I am surprised that people actually designed an ASIC for this. Doesn't it cost $1,000,000 to for chip tape-out and everything?
Several people have risked with their funds...
https://www.coinpayments.net/feedback-77ed1b95830412aabd584debe5be424f
And pinidea guys says now that test unit has been shipped to someone...
https://www.coinpayments.net/feedback-77ed1b95830412aabd584debe5be424f
And pinidea guys says now that test unit has been shipped to someone...
That quick purported ROI is always the hook.
Remember BFL, Alpha-T, GAW etc!
Remember BFL, Alpha-T, GAW etc!
Looks very scammy, yep... But sounds so sweet... 2 monthes (oh, even if 3, 4...) for ROI even at that price...
But we are craving for more proofs!..
But we are craving for more proofs!..
besides the scam it also expensive, 7 bitcoin for one unit, that can generate 0.12 a day only, roi is 2 months without diff increase, but we all know that this is not possible...
Another?? Oh well, guess that's a good sign :/ Just a word of caution, after the Satoshi round table meeting Dashes lead dev (Evan Duffield) announced they'll be putting a high priority on avoiding mining centralisation and changes are planned out and in development for that. No word on how it will be done yet but it doesn't involve any changes to X11, it's likely to be included in the next release which is due in about 3 months (v0.12.1).
EDIT: Mentioned here in the March budget proposal details:
https://dashtalk.org/threads/march-2016-budget-proposal.8198/
EDIT: Mentioned here in the March budget proposal details:
https://dashtalk.org/threads/march-2016-budget-proposal.8198/
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