2. DASH signs up for merchant payments. Separate power supply to control board: there is one additional six-pin PCIe connector on the IO board which must be connected to the PSU to get power. They dont really care about the coin security or the profits for their users. The Antminer X3 technical specifications are as follows: Don't buy anything, your money will be wasted. 8. From the beginning the concept of Monero is to maintain egalitarian terms … Do you think that the ASIC manufactures are not to blame for the network and difficulty spikes from October ? 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 just-released ASIC-powered Antminer X3, designed to mine the CryptoNight hashing algorithm used by Monero (XMR), may not be effective by its first release in May 2018, according to an article by The Next Web published yesterday, March 16.. This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all. ... That doesn't sound right considering the supply was limited, now if you take into account that each of these miners is capable of 220.000 hashes/s, than that is 4363 X3 devices, which sounds totally doable for a multi billion $ company. In essence, this causes centralization, because only those with access to specialized hardware (ASICs) are still able to mine, and these typically come from one or very few manufacturers.”. Bitmain’s new Antminer x3 ASIC mining device will not be able to mine Monero after an upcoming hardfork, leaving potential buyers with no viable way of recovering costs. UNI faces swap competition. Antminer X3 for mining CryptoNight - 220 kH/s hashrate and 470 W power consumption. Customers who viewed this item also viewed. Click below to learn the price or to order after the scheduled time of launch: Hashing algorithm: CryptoNight Power consumption: 550W Hashrate: 220KH/s. Join our newsletter and be the first to know! WebMiners can not explain this, CPU miners the same. To ensure that more buyers around the world can purchase miners in this batch, we have set a limit of one miner per user . 2.1 out of 5 stars 2 ratings. Miners on the … Bitcoin Back Above $50k on New US Stimulus Package, BNT, CHZ, ENJ Mar. The algorithm powers a range of privacy coins, the largest and most valuable of which being Monero. We advise you to research and prepare in advance for the customs' clearance in your country to avoid delays or unexpected costs. ETH gas price falls but faces a DeFi battle. Bitmain Antminer X3 is an ASIC miner designed for mining CryptoNight based Coins such as Monero. Thus, there is a large gap between CPU mining and ASIC mining, which resulted in ASICs being the only viable way to mine. With the 28th March network upgrade, it is useless almost 2 month before shipping. Read more at … Twitter and Mastercard are the latest to express interest in BTC. 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). 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. Press question mark to learn the rest of the keyboard shortcuts. Look at their disclaimer. CRO and RVN fly high with big gains. New & Used (2) from $499.00 & FREE Shipping. Please select the correct address for shipping before you submit your order because, for this batch, the shipping address cannot be changed after the order has been submitted. 12k USD is a chunk of change to spend on mining for most people. Bitmain’s New CryptoNight Miner Will Be Obsolete Before It Even Ships, Thousands of subscribers are already getting their news, THE BEST WRITERS, THE HOTTEST STORIES, ONCE A WEEK, potential threat to its egalitarian design, ZCash Forked Successfully, Set to Revolutionize Private Transactions, Holochain Part 2: How Ceptr Is Achieving What No Other Blockchain Was Able To. By the time these miners will ship, all the ASIC hashrate will have been forced out of Monero, and the difficulty on the only other cryptonight coins will have skyrocketed. The first batch of the Antminer X3 will ship from 15th to 31st of May. Sorry for my english. Bitmain recommends the APW3++ to power the X3. Antminer … 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. Monero uses Bitcoin as a prime example of how allowing ASIC manufacturers to create optimized mining devices creates an unbalanced network: “The drawback of Bitcoin's (SHA256) proof-of-work system is the easy migration from CPUs to GPUs, to FPGAs, and finally to ASICs, where each step came with huge efficiency improvements. We value your privacy, your email address is safe with us. Please deliberate well before making a purchase because we will not accept any requests for refund for orders of this batch. Monero will fork this thing and X3 users will have to find other coin to mine. I figure you'll be able to make a few bucks mining Monero Classic or some other shitcoin or by selling it to some poor rube on eBay. I can't imagine anyone seeing a positive ROI there with this $12k investment. Do not connect more than one PSU to the same hashing board. (A similar chart can be seen for Electroneum also), https://bitinfocharts.com/comparison/monero-hashrate.html. His argument rests on the fact, that Monero employs extensions, boosting CPU’s mining status. Already with a possible hard fork, people do not want to buy something that may be bricked shortly after purchase. 7. 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. So maybe other cryptos can be mined to gain the same profitability? 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. 1, ADA joins the big leagues with a 30% weekly gain. Bitmain’s New Antminer x3. 3 years ago #ASIC All new Antminer X3 to mine CryptoNight coins! The next pool that we tested is AntPool and Monero Classic (XMC). Largely referred to as monero’s first move in a “war” against ASICs, the upcoming software upgrade will render the Antminer X3 ineffective. 1. webmaster@bitmaintech.com to me 8 minutes ago. Casual user mining or even botnets happen more organic and gradually, not instantly like we can see in the charts. 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. Bitmain has released a new ASIC miner Antminer X3 for Monero. or is the algorithm changed and they are worth nothing? 3- Remember, ASIC resistant is not ASIC proof. These have been mining for months, this is just a cash grab to sell them before they are obsolete. These are the most conservative estimates. Do you want to mine the other cryptonight coins, which are basically worthless?

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