Post
Topic
Board Mining (Altcoins)
Re: Bitmain just announced the AntMiner A3 - 815GH/s Siacoin miner - Blake(2b)
by
nsummy
on 31/01/2018, 04:01:39 UTC
so... a3 is a no go, I guess Tongue

Long term, A3 can be expected to do "as well" as L3 & S9 are doing at the moment.  L3 & S9 are in range of $250-350/mo at the moment.  Currently, the A3 looks like it will be doing $30/day for the next 50 days or so then maybe $10/day after March.  Still not bad.  


Long term, if the project is successful, I see SC at $0.20-$0.60 range within 2-3 years.  That part is speculation of course.

I can promise you that after the next batches hit the network, daily profit will be around $2.50. Like the D3 is today. People keep forgetting.....this is ONE COIN. The X11 network was already dangerously thin and it contains several coins. This one.....not so much.

It depends on how many they sell on batch 2. If they sell same amount of batch 1, I am pretty sure it will be way better than $2.5. More like $15-$20 or better if sia stays at 0.03 to 0.04.
So Batch 1 sent daily profit from $500.00 to $40.00 and difficulty from 650 TH to 11,561,001 TH, and you think another batch of the same magnitude will only knock $20.00 a day off the current profitability?Huh Um....ok.....if you say so.  Roll Eyes

Say there are 10K miners fighting for 144 blocks a day and make $40 worth coins a day. 20k miners will make $20. Why do you think I am wrong? Lol
I don't think you're " wrong " per say, I just think that, while I applaud your optimism, I have seen this movie before. Keep in mind that Bitmain runs one of the largest mining farms in the world. The 10k would indeed be nice. I'm just jaded and skeptical. I am 100% convinced that Bitmain has a "long game" plan here with SIA. Part of that is to control as much of the coin as humanly possible. E.g.; BCH. This little protocol fits very well into Bitmain's future plans in AI. Cloud Storage is a Holy Grail for their long term plans.

This doesn't fit into any plans for AI.  They are a chip maker.  AI and deep learning requires extremely fast data networks, not latent, decentralized cloud storage.  There are also other alternatives to SIA such as Storj and Maidsafe.  People who got burned by the D3 have their own greed to blame.  They prepaid for batches way into the future.  To be frank it doesn't matter how many asic miners bitmain makes, they are like a metal detector company.  They will make them as long as people keep buying them, its not their job to institute some sort of artificial capacity control.  Obelisk tried to do this and look what happened.