Post
Topic
Board Mining (Altcoins)
The baikal's Cryptonight ASIC SCAM, and why you shouldn't buy any
by
Prelude
on 11/03/2018, 23:38:38 UTC
Alright folks. Here's the nitty gritty.

Baikal has had these ASICs for a while now, mining away at monero and CN algo coins for themselves behind closed doors making MASSIVE profits. Now that Monero (and other CN based coins) have announced that they will be changing algorithms to combat these ASICs, rendering these ASICs useless, baikal realized that they could no longer milk the proverbial cryptonight cow for much longer.

What are they to do with their soon to be useless chunks of aluminium and copper? Dump them on uninformed customers, of course! The fact that these ship out pretty much immediately supports this; the product has existed for a long time now... They just need to be blasted with an air compressor, packaged in a box, and dumped on uninformed buyers.

Don't be a sucker. Don't let greed motivate you. If you buy this, all you're doing is bailing baikal out of getting the door slammed shut on them by coin devs who want to prevent Chinese centralization.

You've been warned.