Re: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3
I'm convinced the people here "worrying" about difficulty levels rising and "suggesting" people do anything OTHER than order a D3 are just fudding and in reality want all the D3's for themselves. Right now, these units have a 9 day ROI. even if earnings drop 4x you're still looking at ROI under 1 single month. Yes customs and bitmain website and order process are huge pains in the ass, but if you can get through it you're gonna do very well. don't listen to the people crowing about difficulty. When difficulty goes up, generally the value of the underlying coin goes up - JUST LIKE DASH IS EXPERIENCING RIGHT NOW. even though difficulty goes up, profitability does not proportionally decline.
anyway i got 14.
by the way, if you're serious about mining, you need to check out the gigawatt white paper and the WTT token.
anyway i got 14.
by the way, if you're serious about mining, you need to check out the gigawatt white paper and the WTT token.
Your right everyone who mines X11 right now watching profits crash are just imagining it.
And Gigawatt is a ponzi scheme... Buy and mine yourself, or find a reputable hosting site you can trust. Not sure what you're talking about. Everyone who mines x11 right now are watching profits crash because they don't have sufficient hashing power. and gigawatt isn't a ponzi scheme. why do you think that? they're a fully audited project. I have my miners there now and I pay 3.3c/kwh for electricity.
Can you set the pool? Can you log into the controls checking the chips and temp? If you can't do that, its not your miner its theirs....
I also believe GIGA is a ponzi and not a very good one. When i contacted them over and over again regarding legal questions and operations they were not once able to provide answers that could hold up in any legal situation.
If they cant tell you the difference between US citizen customers and non citizen customers and how that will affect the legal situation and their responsibilities you can't call them a serious business venture.
And I highly doubt they got audited by any legal entity
They have a limited number of pools to choose from. yes you can log into the controls to check the chips temp etc and watch the hashing. your questions "regarding legal questions and operations they were not once able to provide answers that could hold up in any legal situation" is about as clear as mud. What legal questions? can you elaborate? A company / project is not automatically a ponzi scheme just because they dont answer your questions to your satisfaction. i believe the project is restricted to US citizens - is that what you mean?
anyway my electricity at home is 24c/kwh and at gigawatt it's 3.3, which includes on-site maintenance of the miners if you need it. at 3.3c vs. 24c its about 4 months before the WTT tokens pay for themselves in electrical savings alone. I have an account manager I can call or email and he's always accessible and responsive and knowledgeable. Of all the "schemes" out there in the crypto world, this is not one of them.
did you read their white paper? it's one of the better ones out there. They're repped by Perkins Coie which is a major international law firm.
But whatever if you think its a ponzi scheme (for whatever reason) then by all means, stay away. I'll keep happily mining there.