This is nothing if you take into account that the 1mil threshold was already reached on August 15th, even so the difficulty will only see a steady increase. Albeit it lasted just for a couple of hours, as other people have noted, the difficulty can increase twice each month, meaning by beginning...
Does anyone have a formula for how the network difficulty is calculated, that is how much an ASIC contributes in terms of output to the network?
I made a hypothetical calculus on coinwarz and if the difficulty is at 2mil there's still a profit of around 2k$ provided the electricity is cheap.
lol seems like the surprise-batch didn't sell out as fast because of the obvious tremendous difficulty this will cause in octomber/november
There still seems to be D3's up for sale on their website
Why exactly a 6 months experience? I've invested some money and currently trade on the crypto market. I've made my research very well and i want to buy a miner for bigger and stable profits
In about 2 months i'm planning on investing all my blue collar earned money into mining hardware so i can get live an independent, stable and somewhat labor free life. I know that each ASIC producing company offers a certain warranty period, and that whenever something goes wrong with your...
Are you referring to the price drop based on the algorithm difficulty increase or..? How much were you expecting based on yield calculations and how much will you actually make?
This^
Bitmain aren't that dumb to make so many as to purposely inflate the price, otherwise people wouldn't be interested in their hardware because there's no profit to mine it
After the network hashrate will explode and the it'll be more difficult to mine Dash, i would say rising prices is the least of your concerns. And i seriously hope not that many people buy the D3 because i pray to god every day this will be my golden ticket to living a plentiful life with...
What is, in your opinion the most probable thing, all of the D3 from Bitmain are just bought en-masse just to be sold as a scarce rarity on eBay and Amazon, or does Bitmain's D3 get sold out so fast because there's actually so many people that want to mine Dash?
I live in a country with...
Let's say, more and more people are aware of the D3 and there's a big number of them mining by the end of november. By the end of december, how probable is that the profit of mining Dash will still be in the range of 3k-5k?
Like to know the answer to this as well. In about two months time i'm planning on buying a D3 to mine Dash. Hopefully they'll make another batch till then.
But is there no way that the devs created something that can't predict such things? Is there not a formula at all?
Also, what are your...