Antminer D3- what to do?

seavey87

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Sep 20, 2017
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I purchased a antminer d3 for $8500 last week. It got held up in shipping and didn't arrive until today.

What would you do if you were in my shoes? Hope for the best with the higher difficulty or sell asap?
 

mrearthbound

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Feb 18, 2017
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What do you mean? If it arrived today, then you have it in your possession already, don't you?

I believe it'll still be profitable and you'll ROI in ~6 months
 

tanzalone1

New Member
Sep 24, 2017
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IDK, profit per machine just dipped below $20 American. I have 6 on the way and I am getting very nervose
 

seavey87

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Sep 20, 2017
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I bit the bullet and sold it on ebay. I am eating the ebay fees, but better then waiting 12 months for ROI
 

seavey87

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Sep 20, 2017
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I paid $8500 which was a mistake, I missed the days where difficulty was low due to payment/shipping issues. I got a little over that on ebay just a hour ago.. but between shipping it to the buyer and ebay fees I am at a loss of a few hundred dollars.
 

seavey87

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Sep 20, 2017
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Current difficulty (4m) using whattomine.com puts ROI at 190 days mining dash.

Thats $9000 in equipment costs, 12c power costs, 5% pool fee, and 17.5 hash rate (most people report this without overclocking). 6m difficulty puts it at 300 days.

Too risky, I bailed.
 

tanzalone1

New Member
Sep 24, 2017
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WOW! That is amazing! I honestly wouldn't spend over 900 at this point on a D3. Good for you. I think you absolutely lucked out because it looks to me like the difficulty will bring the profit down to around 3-5 USD per unit by the time I get my 6 in December. Hey, I'll just funnel it into bitcoin and hold on to them. It will pay off eventually. Congrats though, I think you just dodged a bullet there.
 
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tanzalone1

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Sep 24, 2017
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The reason why the profit is looking good at this moment is because at this moment the difficulty is at 2.9 million. A few hours ago it was at 6.3 million. The difficulty has been doubling recently every 2 days. Unless it levels off soon, and it does not appear that will be happening anytime soon, there will be very little profit. Especially 7 weeks from now. Who knows though. The price could start jumping up to compensate, but things are looking bad right now
 

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tanzalone1

New Member
Sep 24, 2017
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The problem is that it will probably be 10 tomorrow and 20 by next week. In 7 weeks it needs to stay under 55 for me to have any profit at all and I'm not sure that is going to happen. But I really don't know. I am hoping it does.
 

tanzalone1

New Member
Sep 24, 2017
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You can mine other x11 coins but others are also doing that. I can't see the future. The price of Dash could skyrocket the difficulty could level off. I am hoping both happens because I have quite a lot invested
 

mrearthbound

Member
Feb 18, 2017
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Current difficulty (4m) using whattomine.com puts ROI at 190 days mining dash.

Thats $9000 in equipment costs, 12c power costs, 5% pool fee, and 17.5 hash rate (most people report this without overclocking). 6m difficulty puts it at 300 days.

Too risky, I bailed.
5% pool fees seems excessive. I'm on Coinmine, which one were you thinking on Mining?
 

mrearthbound

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Feb 18, 2017
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im confused what to do now lol
I'd buy and hodl, honestly. It's the most passive strategy, and very effective. It will probably pay for your retirement, but probably not your rent next month.

I purchased a D3 on the November batch from GigaWatt @2200, which I don't think it's bad. Yes, diff by then will probably be Moon level, but it wasn't too much money, and will ROI in a few months.
 

mrearthbound

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Feb 18, 2017
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SOLD OUT WITHIN 2 MINS I CHECKED lol
Don't worry. The batch that I bought sold on days, not hours / minutes like Bitmain's site... So wait a little and if you have the money, buy it. They hold and host your miner, though. Bit Ove found it beats paying the electric bills myself and dealing with customs to get it. Besides from the freaking loud noise they make.
 

guest

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Sep 25, 2017
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@$8,500 that's too rich for me. I was on gigawatt's website sometime it was for $2,100 and available but most of these websites just popping up and some were created a week ago from looking at the whois, the gigawatt was created apr 2017 which is not too bad, but just never know who to trust nowadays. I'm glad you got it. I don't know I think somewhere else I was reading that people thought it was scammy. I hope you make back you money on it, what it'll take about 6 months?
 

Perrin

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Sep 21, 2017
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i got my self 5X D3's at $1450 each for end November batch but that does not include shipping or power supplies. Crypto compare shows difficulty fluctuates every few minutes witch is worrying. But by the look of things they will make there money back in the first 2 Months. Lets hope for the best.
 

Gerald Dunbar

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Nov 25, 2017
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WOW! That is amazing! I honestly wouldn't spend over 900 at this point on a D3. Good for you. I think you absolutely lucked out because it looks to me like the difficulty will bring the profit down to around 3-5 USD per unit by the time I get my 6 in December. Hey, I'll just funnel it into bitcoin and hold on to them. It will pay off eventually. Congrats though, I think you just dodged a bullet there.
Exactly what I'm getting today 25 Nov 4 dollers before electric bill
 

Martin Moravski

New Member
Nov 24, 2017
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I purchased a antminer d3 for $8500 last week. It got held up in shipping and didn't arrive until today.

What would you do if you were in my shoes? Hope for the best with the higher difficulty or sell asap?
Do what I will do after I just received mine 2 days ago (I paid 2400). Mine will be on ebay tomorrow, and Please everyone, go Litecoin, I went with this d3 just because I have to wait till December for my 2 L3+ that are coming.

So, sell the machine, Get L3+ for your heating, and Eating needs. Or If you believe in this (Mine another X11like CANN)! And wait for Dash to get itself straight.

On second thought I will mine CANN, and/ or ADZ, and await the difficulty level of DASH to drop.

In my deepest thoughts and wisdom I think:

Mr. Dash (was in the dark, and is now making a dash) is Either:

*enjoying his riches and could care less about the coin anymore? He is performing a pump and dump right mow, and we (Owners of D3's) are all screwed!

Or:

*the fact that the mining performed at the beginning gave out way too many coins; This to be made up somewhere, and it will even out eventually. (what if everyone stopped mining, as many have, Is dash done for? So something has to happen..

As for me, I got my miner a couple days ago.

I hooked mine up to treasurequarry and I get 0.0008 Every 2-4 hours. I think I am the only antminer there, so come Join me till the L3's come!

Hope this helps.