Post
Topic
Board Mining (Altcoins)
Re: Happy New Years! Seventh alt coin thread!
by
dlezama
on 15/03/2018, 14:28:15 UTC
People keep saying "bitmain mines with them for months before releasing them". In the case of Sia, someone said bitmain "clearly" mined for 45 days before releasing. I was there looking when Sia ASICs came out, I can for sure say that bitmain didn't mine a single day before shipping them, ASIC introduction is obvious in a small coin like Sia.

Now in the case of Monero, the entire network today is equivalent to about 4000 X3s. Clearly there is no room there for bitmain to have been "mining with the X3s for months".

I'm not saying bitmain is not evil, but I'm tired of people accusing them of them stealing babies and killing kitties.


u have to know these chips have been running in some form or another in bitmains ‘testing’ enviroment for months now lol, no one is that naive, well at least i hope not.  Same with sia and x11 idgf what the network hash rate is after they open the floodgates.

all these coins have seen a steady rise in hash and decline in profitability months before bitmain magically announces thier sale. 

The magician has finally come out from behind the curtain but you are still falling for the illusions Dorothy
Are you trolling or you just didn't read my message? It's not a matter of naive or not naive, math doesn't lie, hashrate can't be hidden. You repeat yet again that Sia had a "steady rise in hashrate" "months before bitmain...". THAT IS NOT TRUE

From: https://siastats.info/mining

A3s batch 1 sold on Jan 18th. So, tell me, how in hell bimain "mined with them for months before selling them"? The entire Sia network hashrate was equivalent to only a few A3s before end of Jan.