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Baikal Giant x10

Discussion in 'Questions and Help' started by Forhad Ahmed, Dec 27, 2017.

  1. Forhad Ahmed

    Forhad Ahmed New Member

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    Hi all,
    I am new to this foum. Just signed up 10 minuets ago. I know even I don’t have enough knowledge to explain my question. I have a confusion on Baikal Giant x10. I did some research on both Baikal Giant x10 and Antminer S9 in terms of mining bitcoins. Can you guys please help me out with the suitsble device to choose for mining.
    Also who are the trustworthy sellers of those devices. Please make some suggestions about where i can buy them from.

    Thanks
     
  2. solarguy

    solarguy Active Member

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    Mining is risky. You have calculated your return on investment for both machines? And accounted for the risk of:

    falling prices for bitcoin
    increased mining difficulty
    increased cost for electricity
    cost for cooling the machines
    your local tax rate on mining revenue
    ...other
    all of the above....

    I'm not saying you shouldn't mine, but I AM saying lot's of people find it is not as profitable as they thought initially.
     
  3. Alexey Danilin

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    Hi! I guess here will be better to ask how to mining DASH, just because its DASH forum.. :D
    What is the Baikal Giant? I know Baikal lake in russian Siberia)
     
  4. solarguy

    solarguy Active Member

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  5. Alexey Danilin

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    Thanks for info!
     
  6. solarguy

    solarguy Active Member

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    Don't buy one unless you can get free electricity, a guaranteed delivery date, and/or you have an alternate plan besides mining Dash. The difficulty level is so high mining Dash now that you have to be a pro outfit to make any money at it, with rare exceptions.
     
  7. Alexey Danilin

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    There is the cheapest electricity in whole world, I'm doing mining business in Irkutsk. Siberian people even heating houses by ASICs;)
    http://cryptolate.com/2017/11/05/russians-will-heat-their-houses-with-bitcoin/
    https://cryptonewsmonitor.com/2017/11/02/siberians-use-cryptocurrency-miners-to-heat-homes/
    Full spectre of service is cost around a 3000-6000 RUB (50-100 USD) per month per ASIC (as more ASICs - as lower cost per one), includes: electricity cost, internet traffic cost, live support by system administrator and techniks, 24/7 security by private security company and rapid response teams, gentle care and cleaning from dust (equipment and whole rooms) and online web-cam broadcast from mining farm (optional). Now we have mostly D3 and S9 in our "mining hotel".
    So if you are interesting in placement your equipment here, contact me, we can deal.
     
    • Winner Winner x 1
  8. solarguy

    solarguy Active Member

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    Alexey, I am so happy to see that you have done the math.

    It's amazing, over and over, the people who do the math and have a plan, and then a backup plan, generally make out pretty good in life.

    And those that don't, don't....
     
  9. Checkerama

    Checkerama Member

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    Oh Russians...

    But whats the point of hashing on x11 when you have S9s? Surely you must see the stark difference in profitability in either algorithm?