That miner consumes 1.5 KW of power and is loud as truck…and will never ROI…no normal person would ever buy it.
Why i talk about profit…because no one will mine if there is no profit…in the end only who will mine are ASIC manufacturers and maybe few others who have ultra cheap electricity …which is centralisation …like i sad my ATI 7970 from 6 years ago is still mining and most others in the world probably
How it comes than that 1.8P are on the DASH network if NOBODY is mining it?
And about the D3 Asic, i’am correcting you on this one the 3rd time now (wonder if it makes any sense at all),
it uses original 1.350W for 19.3Gh/s and can be underclocked to 700-750W for 15-16GH/s and that’s what most use actually when the price is down, just logical.
And if it ever Rois is up to how much electricity you pay. For some it may not Roi, for many it will ROI or roid allready, easy as that.
IF nobody is mining a given project/coin there is always the option of POS, nothing i’am concerned about and i actually own 10x D3’s and never regret having bought them, just a side note.
ITs mined…but by ASIC manufacturers
My electricity is relatively expensive 13 cents but still that 6 year old 6970 is still making 300 sols and still profitable …so now anyone can mine Zcash with profit…with ASIC only tiny few.
So the Antminer D3 is losing money.
-$1.44 a day. But that’s if your paying $4.30 a day for power.
go to whattomine, even it’s not the most accurate service. Enter 16.000 mh/s hashrate with 750W and let’s see if you get a profit, for me it’s +1.49 and i don’t have access to really cheap electricity.
so all the D3 are there? Really? They control DASH?
Whats you per kw cost?
0.105 USD. (placeholder for required chars)
Whattomine gives you $0.75 a day. And Coinwarz gives you $0.19 a day.
I thought you where talking about DASH!
Sorry man, missed that point totally… didn’t follow your mind, my vault.
You are correct on Dash it’s +0.75 at the moment.
Still profitable of course, even it its less. I don’t sell anyway but only hold for 12 months, so the daily profits are of NO real interest for me… I take them more as some guideline here and there, but that’s all.
Posting here a link that was original posted by “kek” in the trading section, but i think it is an interesting source for that thread as well:
https://www.crypto51.app 4
“PoW 51% attack cost”
I was following you and the other member go at it over DASH being profitable.
If BITMAIN is currently mining with the best ASIC miners they’ve got and selling old ones to the public, they should dominate Zcash mining distribution right now.
But now, Flypool has 60%, Nanopool, F2Pool and MiningPoolHub have 10% each of the network hashrate. As everyone knows, you need your own pool with over 50% hashrate in order to take over the network.
This fearmongering BITMAIN-dominating-Zcash-network arguement has been debunked quite a long time ago. Unless you’ve found a new evidence to back up your claim, please stop posting the same argument over and over. This thread has been flooded with them.
About ASIC-miner-can’t-earn-enough argument:
As long as you are staying as an GPU-only miner, that’s not really your concern, isn’t it? It’s for people who are planning to buy ASICs. If you think Zcash is going to go downhill beacuse of ASIC, you should sell all of your Zcash and switch to the most profitable crypto there is, you can even trade it for Zcash if you still want to invest. So don’t say something like “Oh, ASICs are going to ruin our mining businesses :'(”. You are dealing with money here, you should keep checking what’s the best option for your earning.
Just reading a bit more into this veryt interesting post:
PoW 51% Attack Cost
https://www.crypto51.app/
Regarding the Bitcoin Gold attack. IF the numbers in this paper are correct than that it’s more than easy to provide an attack on Bitcoin Gold:
The BTG network hashrate is 24 MH/s, it would cost 3,381 per hour and someone has 381% of the needed hashrate at nicehash available for rent.
Even worse for Bitcoin Private, network hashrate is 6 MH/s, it would cost some $864 per hour and nicehash could provide 1,247% of the needed hashrate for rent.
Just took these 2 examples as they are on equihash. Zcash is very secure in comparision to these:
386 MH/s network hashrate, it would cost $54,729 per hour and only 20% would be available at nicehash…
If you look down the list most coins could be literally 51% attacked just with 10$ per hour, amazing. Didn’t think of it as being that easy. But i think this proofes me right that 51% attacks are carried out by rented hash power.
It might be something in-between. If less than 5,000 units have been sold, the difficulty shouldn’t increase more than 5%. There are already difficulty swings greater than that every few days. You might not notice any drastic changes.
My theory, in this case, is that buyers are on the fence about a Z9 mega (rather than mini). Nobody wants to buy an ASIC only to have a new one within a year overpower it many times over. The risk of this situation would make ASIC miners pause before purchasing large bulk orders.
That would be a first with crypto. Every time they launched new ASICs the difficulty for that currency skyrocketed (usually 30%+ in the first week). It’s not just what they sell, but what they keep and mine themselves. It has already inflated difficulty by over 50% because they are already mining with them as of November.
Yes, maybe they are maybe they aren’t. Don’t buy their ASIC’s. That’s the only message you can send them that will matter.
If that issue affects many other people they too will not buy and boycott. Personally, I don’t care. If I were them I’d do the same thing.
What I think people are starting to see is the move to a few PoW currencies that form the backbone of the market and the rest being PoS. It’s not really sustainable for so many currencies to be PoW but they are ultimately dependent on the PoW coins to develop the trusted market. This has been a major discussion piece for macro-planning for some time now. I can’t find it at the moment, but there’s a couple good videos from a lead analyst from the CME on this topic.
Basically, in the long run, the result will be only a couple (maybe half-dozen) currencies that will run on PoW globally. All other currencies will be based on the development of those primary ones and run on PoS or private centralized servers.
THIS is the cryptocurrency bubble. So many separate coins developing their own protocol, algo, and networks. In the end most of them will consolidate to just a few protocols or die out.
