Quote from: HardCore12V on October 15, 2021, 07:35:14 PM

Quote from: iRonNuke on October 15, 2021, 06:20:52 PM

Don't buy the Bitmain Antminer E9! It's mining Ethereum, and we all know that it will go Proof of Stake in early 2022, then you not able to mine Ethereum. The ASIC can't switch to other coins that GPUs can. Well, you actually can mine other Ethash coins. But they are very low cap and has low net hashrate compaired to Ethereum, so your profits will plumber!

ETH PoS have been in work for years the truth is ETH Devs never make it happen till this day and there is already rumours of bugs affecting ETH 2.0 as we speak which makes me feel like ETH 2.0 isn't coming any time soon, I believe it's a good time to start mining still

perfect, so I just need to find this famous miner

Quote from: Bitcoin_Arena on October 15, 2021, 10:46:25 PM

So the miner hasn't been released yet, right?

At least that's what I see with several sites saying "coming soon"
The profits are just projections based on the current network status and market conditions. Imagine is that miner is released into the market, Those with money will obviously rush to buy it. The network hashrate could change, and the attractive daily profits you are looking at right now as awesome could change to much lower ones.

If you put into consideration where Ether's price could plummet by over 70% from the current price which is very possible. Then profit calculations in USD become a little meaningless right now.

yes I too can't figure out when the E9 will be released but even if the profits drop it's still a huge profit

Quote from: Metroid on October 15, 2021, 11:30:28 PM

Quote from: iRonNuke on October 15, 2021, 06:20:52 PM

Don't buy the Bitmain Antminer E9! It's mining Ethereum, and we all know that it will go Proof of Stake in early 2022, then you not able to mine Ethereum

Please stop the bs, eth going pos will happen in years, most likely 2025-2030 at best, not in 2022.

Also, asic market = scam market, you buy, you lose 99.9% times.

why is it a scam market?

Quote from: philipma1957 on October 15, 2021, 11:34:36 PM

Quote from: wahid.92000 on October 15, 2021, 05:48:44 PM

Hello, I have a question, I asked about this ASIC the Bitmain Antminer E9, a hell of an ASIC that costs about 30000$ (well if we find it) and I looked on the site whattomine the profits I can make with this machine and I saw for more than a week a figure that turns around 230$ of profit per day which is just HUGE !

and i did a little calculation 230 x 365 = 83950 !! 83950 (profit per year) - 30000 (price of the asic) = 53950

it's just monstrous in less than a year without counting the electricity (0.06€ per kWh) I'm in the profit in less than a year!! how to explain that?

Can someone please enlighten me, tell me if there are hidden costs that I don't take into account except for taxes, there are no additional things to take into account in there because it just seems huge

how do I justify this please?

1) You can't get it so who cares.
2) The risk to getting an asic that only mines eth is eth has tested the progpow algo and can switch to it if they want to turning that 30k unit into a brick.
3) Maybe they actually do go to POS in 2022 ( I doubt it)

These 3 answers cover it. no add # 4

4) bitmain is better off not selling them and just mine eth as much as they can.

why wouldn't Bitmain sell it? they announced its release...

Quote from: XUR_TIP on October 16, 2021, 05:33:42 AM

If you come across any online store displaying this E9 ASIC miner they are simply trying to scam you, the only ASIC miner you can really get your hands on is innosilicon A10 pro, those E9 shouldn't be available for the public

but if I find someone who agrees to sell it to me personally I can't get ripped off, I'll just have to do some tests to make sure everything is in order.

why wouldn't it be sold to the public?