or is the algorithm changed and they are worth nothing? but bitmain are testing, and profiting from it right now, and getting a shitload of coins.... Every machine you buy from Bitmain has already been used for at least 2 months. THE BEST WRITERS, THE HOTTEST STORIES, ONCE A WEEK. His argument rests on the fact, that Monero employs extensions, boosting CPU’s mining status. Ethereum is the second largest blockchain project by market cap, but it faces plenty of competition from other platforms. ASIC can be used for mining 8 different coins. Be sure to power on the miner only after all the 10 PCIe connectors are connected to a power supply. The new mining device is designed to specifically for CryptoNight hashing algorithm used by Monero. One Redditor, u/honestlyimeanreally, sums up the community's sentiment: “ [sic]...they exploit the machines in their golden years and as the community responds, they pawn the machines off and raise enough capital for the next round of miners... it's clever, I'll give them that, but it's very centralized and certainly not congruent with the ideals of Monero.”. Tether’s NYAG Settlement: What Is the Future of the Stablecoin? If you own an Antminer X3, save this post. The Antminer X3 is capable of delivering 220 KHS at 550W of power usage as per specifications and the device kind of manages to actually deliver on these numbers. Bitmain's device dubbed the "Antminer x3 ASIC," will sell at two separate prices, $11999 for shipments beginning in May, and $7599 for shipments made in June, two months after Monero plans to hardfork their CryptoNight algorithm, making the device incapable of mining Monero. Its having a planned fork match 28th anyway. Antminer X3 Some recent drama has developed around this device and Monero. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. The Antminer X3 can mine the following coins: Monero (XMR), Electroneum (ETN), Bytecoin (BCN), Sumokoin (SUMO), Dinastycoin (DCY). However, the prices have now dropped to USD 1900. You will need an ATX PSU with at least 10 six-pin PCIe connectors. Click below to learn the price or to order after the scheduled time of launch: Hashing algorithm: CryptoNight Power consumption: 550W Hashrate: 220KH/s. BTC above $58k and ETH at $2,000 as the crypto rally moves to altcoins. The decision to list the miner as a CryptoNight mining rig is deliberate – it theoretically sidesteps the controversy that a ‘Monero’ … 2. ETC and IOTA see big price ETCgains. They dont really care about the coin security or the profits for their users. Most of Monero fork’s products turned out to have no real value, however, one project managed to remain relevant and interesting for users - Monero-Classic (XMC). I can't imagine anyone seeing a positive ROI there with this $12k investment. I'm tempted to buy, but 12K is a hell of a gamble. DASH signs up for merchant payments. Hi! The market expects a crypto boost from the $1.9tn support bill, but bonds could still derail the asset bubble. The new mining device is designed to specifically for CryptoNight hashing algorithm used by Monero. According to an email sent by Bitmain, the company is offering a substantial discount to its existing customers for Antminer X3 and has reduced the price of the device from $7,600 to $3,000. But it is misleading, disgusting, and shameful. The initial batches of X3 is sold for about USD 12000. Antminer X3 is a CryptoNight algorithm mining equipment sold by Mining Wholesale. I believe the manufacturers have been mining the cryptonight algorithm starting with September 2017. Antminer X3 profitability will vary between coins depending on … In March, Bitmain announced a brand new Antminer X3 for mining coins using the CryptoNight algorithm. Bitmain’s new Antminer is causing an uproar in the Monero community. At the moment, XMC is more or less the only Monero's fork with actual roadmap, strong developers' team behind it and promising future directions. All new Antminer X3 to mine CryptoNight coins! People were burnt with the Dash miners, most barely making 50% roi to date. Antminer X3 is a CryptoNight algorithm mining equipment sold by Mining Wholesale. At a power consumption of 550W and a hash rate of 220KH/s, miners could profit over $4,000/month running it to mine Monero. These are the most conservative estimates. Crypto Mining. Miners on the … The device is in direct contradiction to the core ethos of the Monero project, and Monero is fighting back, pledging to hardfork their coin to help keep Monero safe from the potential threat to its egalitarian design. We expect the miners to deliver higher performance and efficiency when they are ready to ship. After all, this is a mining pool. The Antminer X3 delivers a minmum hashrate of 220KH/s while consuming 550W of total power. 3 years ago #ASIC As a privacy coin with a key-focus on true decentralization, Monero has long considered an ASIC-dominated network as a threat to the project. With a hardfork on the horizon for Monero, the device will be obsolete before buyers can recover costs. Thus, there is a large gap between CPU mining and ASIC mining, which resulted in ASICs being the only viable way to mine. There are … Ethereum Killers: Competition for the Second Biggest Blockchain. I cannot say that solicitation is fraudulent because I cannot find a lie in it. Bitcoin ETFs Are On the Table Again With New Proposals and Approvals, Pump and Dumps: How to Avoid Cryptocurrency Investment Hype, Understanding the Differences Between Investment and Savings. Whattomine actually shows that Monero is on 7th place on the list of profitability for CryptoNight algorithm. Facebook’s Diem: Will the Global Cryptocurrency Go Live in 2021? This leads me to think (put your tinfoil hat on): 1- They have an ethereum asic they havent relased yet, but they will, some time after the POS change 2- at 12k a piece, it's a grab as much as you can and run away. That's about 6x increase in just a few months for Monero alone. So maybe other cryptos can be mined to gain the same profitability? People weren't burnt with Siaminers and they didn't sell out within 30 min. Before the spike in September 2017 the hashrate was 160-170 MegaHashes. This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all. There are 3 six-pin PCIe connectors on each hashing board and all three need to be connected to the PSU for the hashing board to operate. Ripple's SEC Lawsuit: Will XRP Survive Its Unregistered Security Status? There are financial risks associated with mining cryptocurrencies. Cardano Price Surge Grabs Third-Largest Coin Spot, ETH, SOL, FTM Mar. 1. Hashrate: 20 KH/s. 2.1 out of 5 stars 2 ratings. Hashing algorithm: CryptoNight … Being a CryptoNight miner, the Antminer X3 was generally dubbed as a “Monero miner” since that is the most popular cryptocurrency which uses the CryptoNight algorithm. The … First of all, you will lose your 6 months Warranty provided by Bitmain and Second, in the worst case you may lose your device. SOL launches a DEX and Mark Cuban supports FTM, Ethereum Price Hits $2,000, CRO and Raven Fly as Rally Expands, Feb. 22. Bitmain, one of the world's largest producers of ASIC cryptocurrency mining devices, is now offering a new tool specifically designed to mine coins using the CryptoNight hashing algorithm. The Antminer x3 is available on the Bitmain website as a 220KH/s mining rig for the CryptoNight hashing algorithm. The first batch of the Antminer X3 will ship from 15th to 31st of May. Sorry for my english. 6. The Antminer X3 is capable of delivering 220 KHS at 550W of power usage as per specifications and the device kind of manages to actually deliver on these numbers. The fork was inspired by the launch of Antminer X3, product of the Chinese company Bitmain Technologies in March. New & Used (2) from $499.00 & FREE Shipping. Bitmain. Overclocking Antminer X3 can give more mining returns by increasing efficiency and load of your Antminer or ASIC machine.. Before starting with overclocking you should be aware of the cons involved in this process.
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