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ASIC equipment life span

Discussion in 'Hardware Discussions (ASIC / GPU / CPU)' started by dashminelover, Jul 17, 2017.

  1. dashminelover

    dashminelover Member

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    Hello crypto people

    I am just starting with mining and was wondering what is the average lifespan of ASIC mining equipment
    For example
    iBeLink released 10.8GHs equipment , what would be its average life span based on its previous ASIC miners released.
    Similarly like Baikal released ASIC miners, whats their average life span?

    Thank you.
     
  2. noobtrader

    noobtrader Active Member

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    i have been mining with Btc asic for years, and what i found is that about 50% are dying after about 3 years. btw 3 years is likely about the time that you need to upgrade.

    i guess Dash asic miner should have similiar quality
     
  3. dashminelover

    dashminelover Member

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    Wow 3 years is a good time, love to see dash asic miner working for same duration atleast. Thanks for the reply.
     
  4. mrearthbound

    mrearthbound Member

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    Thanks for sharing your experience. Yeah, 3 years seems like a sweet period to have your miner work.
     
  5. dashminelover

    dashminelover Member

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    @mrearthbound
    whats your experience?
     
  6. mrearthbound

    mrearthbound Member

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    I've been mining for just over 3 months on a few Baikal Giant units. One of them was fairly used and the other ones are *supposedly* new. Haven't had a failure from the unit itself yet. Although what I've been told fails most about the Baikal ASICs are the SD cards (recommended Class 10) and the Orange Pi controller (just $20 or so)
     
  7. dashminelover

    dashminelover Member

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    whats the temperature in your country? are you in a cold or hot country?
    If hot do you use AC for colling?
     
  8. mrearthbound

    mrearthbound Member

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    It's not that hot around where I live. ~26C is about average. I don't use AC. I've been trying to get the Thermoelectric Cooling cells to work out, but the one they shipped me had a really crappy fan, and am trying to get a big heat sink + fan to cool the miners even further.
     
  9. dashminelover

    dashminelover Member

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    Glad to know that.

    Ok give me a word of advice, at my place the temperature is usually ~32C to ~40C in Summers and in Winters its ~14C to ~25C

    For one iBeLink do you think a fan will be enough or i should switch on AC ?
     
  10. mrearthbound

    mrearthbound Member

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    32 ~ 40 C sounds hot to me... I guess it all depends on how much you want your miner to heat. According to the DM11G I found online, the operating temperature is 0 ~ 40, so who knows how much your fan would be able to cool down.

    Given that the DM11G will make you ~ 50 Dash / month, I'd say it can take care of the AC bills if it comes to that.
     
  11. dashminelover

    dashminelover Member

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    Thanks for your feedback, you said that DM11 G will make ~50 Dash but the online calculators shows 32 DASH
     
  12. mrearthbound

    mrearthbound Member

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    My calculations are based on the rate at which my Giants currently mine Dash, and multiplied by 12 (900MH/s * 12 = 10.8 GH/s). IMO, this is a more accurate method of calculating the profit because the online calculators will give you the profitability for a specific difficulty at any point in time, which, like you see from this graph in coinwarz, varies *a lot* throughout the day. E.g. you get 592k diff in July 16th at 00:00 hrs vs 263k just 8 hours later (50% diff decrease in 8 hours).
     

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  13. dashminelover

    dashminelover Member

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    I see, you are expert!. Whats your forcast for Dash to USD value by December 2017 and next year 2018?
     
  14. mrearthbound

    mrearthbound Member

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    Thanks, but not by any means do I consider myself an expert, just an eager learner. I haven't done much analysis in the price of Dash to make forecasts. I was expecting Evolution (Dash version 13.0) to be released by December, but according to the latest roadmap, it's going to be pushed over to June 2018. I'm betting a lot on the launch of Evolution so that people can use it as easily as they use PayPal, and with the Point of Sale app merchant distribution, Dash will achieve mainstream adoption. You can imagine how high the price will skyrocket to when the whole world wants to use a decentralized, fast, secure and efficient coin.
     
  15. dashminelover

    dashminelover Member

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    Thatss really getting interested, i wish they do it soon. I read the roadmap but want to learn more about how dash will be so easy to be used as PayPal, any specific link detailing that?
     
  16. mrearthbound

    mrearthbound Member

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    For that, I'll probably have to rely on some other more knowledgeable user from the community. Honestly what little I know about Evolution is what Evan D. told Amanda in a few interviews here and here.

    I'm not really sure about how is the security going to be handled as far as username and password turning into public and private keys, where are they going to be stored so that you can access your account from any device and not have a vulnerability from getting your info stolen from a centralized server or something. I'm thinking it may have something to do with multi signatures, but that's just a guess.
     
  17. dashminelover

    dashminelover Member

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    Okay, thanks. Keep me posted

    I am giving you +1 :)
     
  18. mrearthbound

    mrearthbound Member

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    Thanks man!
     
  19. dashminelover

    dashminelover Member

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    Welcome, lookslike now Bitmain also released Dash miner 15 GHs, at much lower price as compared to iBeLink, what do you think will be its impact on Dash. And which company product better quality product is it iBeLink or Bitmain?
     
  20. mrearthbound

    mrearthbound Member

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