Press question mark to learn the rest of the keyboard shortcuts. The market expects a crypto boost from the $1.9tn support bill, but bonds could still derail the asset bubble. Being a CryptoNight miner, the Antminer X3 was generally dubbed as a “Monero miner” since that is the most popular cryptocurrency which uses the CryptoNight algorithm. Monero will fork this thing and X3 users will have to find other coin to mine. Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies. The initial batches of X3 is sold for about USD 12000. The … This confirms that ASICs have existed for a while. 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. However, some of you may have heard last Bitmain announcement about brand-new Antminer X3 for CryptoNight-based cryptocurrencies such as Monero, Electroneum, Bytecoin, and others, and may want to consider your possible alternatives. These risks can be related to changes in exchange rate of the cryptocurrency or to changes in the algorithm that is used to mine the cryptocurrency. Customers who viewed this item also viewed. Tether’s NYAG Settlement: What Is the Future of the Stablecoin? Antminer X3 is a CryptoNight algorithm mining equipment sold by Mining Wholesale. 5. Bitmain has released a new ASIC miner Antminer X3 for Monero. Twitter and Mastercard are the latest to express interest in BTC. Bitmain has released a new ASIC miner Antminer X3 for Monero. Bitmain, one of the world's largest producers of ASIC cryptocurrency mining devices, is now offering a new tool specifically designed to mine coins using the CryptoNight hashing algorithm. The algorithm powers a range of privacy coins, the largest and most valuable of which being Monero. We will release both these batches with an equal stock thrice today: at 3PM, 6pm and 9PM (15 March, GMT+8). The Antminer X3 technical specifications are as follows: This confirms that ASIC miners have existed for quite a while. Bitcoin Back Above $50k on New US Stimulus Package, BNT, CHZ, ENJ Mar. Already with a possible hard fork, people do not want to buy something that may be bricked shortly after purchase. We value your privacy, your email address is safe with us. Isn't it possible for them to make a patch to support the latest algorithm? These increases happened from one day to the other, it was not gradual. The announcement has outraged the Monero community, with many accusing Bitmain of dumping the devices off on unsuspecting consumers after using the machines prior to sale to secretly generate profits. Read more at … The first batch of the Antminer X3 will ship from 15th to 31st of May. After all, this is a mining pool. Do not connect more than one PSU to the same hashing board. Antminer X3 Some recent drama has developed around this device and Monero. Overclocking Antminer X3 can give more mining returns by increasing efficiency and load of your Antminer or ASIC machine.. Before starting with overclocking you should be aware of the cons involved in this process. 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. People weren't burnt with Siaminers and they didn't sell out within 30 min. Some like likely embrace this. Monero isn't the only Cryptonight coin. 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. Join our newsletter and be the first to know! Why The Antminer X3 Matters. The next pool that we tested is AntPool and Monero Classic (XMC). Bitmain recommends the APW3++ to power the X3. Antminer is proudly designed and manufactured by Bitmain and … 6. The fork was inspired by the launch of Antminer X3, product of the Chinese company Bitmain Technologies in March. The kind of part is … However, the prices have now dropped to USD 1900. I never had the budget to start mining, but today i've seen a second hand sale of: 1 Bitmain Antminer X3 220KH/s 465W + PSU 1 Baikal Giant N 20KH/s / 60W I'm a little out of the loop, are these asics still usefull for mining monero? NOTHING PERSONAL, JUST BUSINESS. 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. With the 28th March network upgrade, it is useless almost 2 month before shipping. So pleeeeeeeeeeeeeease.... monero dev team... fork this shit and stick it to the man! It is able to mine Monero Original (XMO) with a maximum hashrate of 220,000H for a power consumption of 465W. These asics will be doa. New & Used (2) from $499.00 & FREE Shipping. Page 1 … CRO and RVN fly high with big gains. Thats why i'm even in the CPU exclusive mineable coins, they will have a hard time swallowing that brick into their corporative greedy esophagus. From the beginning the concept of Monero is to maintain egalitarian terms … ETH gas price falls but faces a DeFi battle. Do you want to mine the other cryptonight coins, which are basically worthless? I can't imagine anyone seeing a positive ROI there with this $12k investment. Antminer … 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.. 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. Thus, there is a large gap between CPU mining and ASIC mining, which resulted in ASICs being the only viable way to mine. 4- Its just business for them. The new mining device is designed to specifically for CryptoNight hashing algorithm used by Monero. Hashrate: 20 KH/s. Be sure to power on the miner only after all the 10 PCIe connectors are connected to a power supply. (A similar chart can be seen for Electroneum also), https://bitinfocharts.com/comparison/monero-hashrate.html. The first batch of the Antminer X3 will ship from 15th to 31st of May. The decision to list the miner as a CryptoNight mining rig is deliberate – it theoretically sidesteps the controversy that a ‘Monero’ mining rig would gain. Hashing algorithm: CryptoNight … The device is in direct contradiction to the core ethos of the Monero project, and Monero is fighting back, pledging to hardfork their coin to help keep Monero safe from the potential threat to its egalitarian design. 3 years ago #ASIC So maybe other cryptos can be mined to gain the same profitability? 1. ASIC can be used for mining 8 different coins. The Antminer X3 can mine the following coins: Monero (XMR), Electroneum (ETN), Bytecoin (BCN), Sumokoin (SUMO), Dinastycoin (DCY). The fork was inspired by the launch of Antminer X3, product of the Chinese company Bitmain Technologies in March. Largely referred to as monero’s first move in a “war” against ASICs, the upcoming software upgrade will render the Antminer X3 ineffective. 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. These are the most conservative estimates. A mining pool where Bitmain is most likely tested by … Bitmain’s New Antminer x3. New miner developed by Bitmain for CryptoNight and CryptoNite, the algorithm on which Monero is based, the Bitmain Antminer X3, which promises great power that will not do much good soon.