Quote from: gotminer on April 04, 2018, 03:03:56 AM

Quote from: senseless on April 04, 2018, 01:51:36 AM

Quote from: gotminer on April 04, 2018, 12:27:11 AM

Quote from: QuintLeo on April 03, 2018, 10:02:56 PM

Quote from: nc50lc on March 30, 2018, 10:13:09 AM

Quote from: Bulitt on March 30, 2018, 04:49:21 AM

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4

Lol, I clicked the youtube link hoping that it might be a documentation of your rig or your calculations, thinking you might gone wrong.
Anyways, this video might help you: https://www.youtube.com/watch?v=dQw4w9WgXcQ Wink

Quote from: Xazax310 on March 30, 2018, 09:06:59 AM

Shhhhh DONT TELL THEM THE SECRET Grin

The secret is, buy an ASIC.

Bitmain E3 isn't shipping 'till Mid-July - and is about the SAME specs (180 Mhash at 800 watts) as a well-tuned 6-card AMD RX 480/580 rig, and INFERIOR in performance to a well-tuned Nvidia GTX 1070 6-card rig (186+ Mhash at 700-750 watts).

Only thing it has going for it is the LOW PRICE.

Apparently the rumours about a "F3" unit were incorrect, as was that one published video - or the "F3" isn't an ETH mining unit.

What's up with the limit of one per person?

It's their latest tactic of trying not to look like complete assholes. So, they privately mine, extract large amounts of value from a coin, sell a bunch of miners, then sell off their coins and crash the price. It keeps the price high during their sales and their units ROI looking great.

I know a lot of people speculate about that and I do believe it to be true. I mean, why wouldn't they do it? I think I've come full circle on my opinion of Bitmain at this point ... Really doesn't matter to them if they sell this unit at $800 or $400, because they've already accumulated enough income off of mining with them privately to sell at whatever price they can get. Jihan is a very smart man and I'm sure they carefully calculate the max price they can sell their used hardware at. Getting money out of the used hardware is just the icing on the cake for them, if they have been mining with them for months. You'd be doing it that way too, if it was your business that spent millions in R&D on something like that.

Jihan doesn't even care about crypto, from what I've heard. All that I've been hearing as of late is that he is using this as a catalyst into some really scary AI shit.

I would just build my own hardware and mine in secret. I wouldn't go and mine a bunch of coins, hold them, and artificially increase the price by hodl before launching a sale with artificially inflated ROI then destroy the price of a coin (and ROI with it) after collecting money from the miner sales. They pump and dump any time they launch miner sales. What they're doing would be considered deceptive trade practices, market manipulation, and would probably be illegal in more than a few locations.