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.
You just described the effect of diff increase on todays miners "exactly right". Now multiply that by the massive numbers that Bitmain just sold in this last batch and do the math. Everyone on a daily basis is going to witness exactly what those of us already mining X11 have been witnessing first hand.
Yet somehow these new miners will defy "diff" or "gravity" is really misguided. I love the posts where I see people: "You people don't know what your talking about, we are going to be making $160 a day! I just can't see it falling as much as you say... You people are fear mongering!". And I would say to you that your numbers all depend on when you received or will receive your miners.
Let's just see where the earning will be by the time the November batch 2 Bitmain D3's ship and let's compare what all the calculators say today with what these will earn at ship date, and then let's fast forward 30 days to the later part of December and let's compare the numbers...
The only way we will see this outcome change is if we see Dash take off to the moon. If that is the case that Dash is going for a moon shot then there is zero FUD in telling people to buy and hold Dash. It may make more sense to invest in Dash than it is to buy more X11 miners in these later batches until we see where we are at the end of the year. If you were lucky enough to get in on the first batch orders of the big boy X11 miners then congrats! You will do well. For those who still haven't bought X11 miners you may want to consider putting your money in Dash because mining X11 may be tough if Dash does not have the expected increase in value.
For those that weren't so lucky to get early batch miners and have been buying these later batches we are going to be working for our ROI. How long we will be grinding it out will depend on what the Dash price does.
Everyone should put it on the record here now what they think they will be earning by the end of the year with the D3's. That would be interesting to see who is closest to the real numbers.
Look up the definition of ponzi scheme and I wish you the best of luck with Giga...