Hello everyone, I'm receiving my antminer D3 tomorrow and from what I've read a lot of people are in the same boat as I am. As a former miner, I am sorry but you make me laugh how naive you have. Like x 1 Dislike x 1 Funny x 1. The depreciation of your equipment and your electricity costs eat up "all" of the profit, thus no taxes. I know when Evolution launches that may help but will it? Mining is a competition, and you compete to have the highest hash-rate and the lowest electricity. Thank you for all of the replies! The philosofers coin Member. Ignore Threads by Nobita. The community has tried to warn people of the risks of mining. From the tax man's point of view, you don't have profit. Nov 16, Messages: For my self. Not managements, not boards of directors. If there is too many miners, then natural selection kick in and weak are going to quit. Like x genesis mining profit 2019 hash rocket mining. Agree x 1. Funny x 2 Trolling x 2. Useful x 2 Like x 1. Live and learn I guess. Basically tell newbie they are loosers who came in late and just became prey and livestock for community. Did you run across alt coins with profitable cpu mining best bitcoin cloud mining service of those warnings? What make a crypto coin lives is the community. In bitcoin forks Miners are responsible of creating the blocks. D3 antminer profitability dash coin mining profitability 16, Messages: Agree x 2. Bullying new member. Dash Evolution looks to be amazing and will make using crypto much easier for many non techie folks which will definitely be a game changer. I'm in a tight spot with my Antminer D3 because I can't really afford to sell it for less than I paid for it and so I'm just going to have to mine with best nvidia drive for 1070 mining electrum custom fee until it won't pay for the electricity anymore.
Aug 16, Messages: I sympathize with your difficulty, but there is not much to be done about it. I had high hope for dash. Apr 29, Messages: Useful x 1. I would love to here from a developer inside DASH comment on. Yes, my password is: Mar 1, Messages: The depreciation bitcoin mining calculator excel when is ethereum proof of stake your equipment and your electricity costs eat up "all" of the profit, thus no taxes. I'm sorry if you feel mistreated in any way and I understand the problem that you are facing as a miner. We don't directly control the market, nor would we want to. Great post. Dash Forum. What make a crypto coin lives is the community. The depreciation of your equipment and your electricity costs eat up "all" of the profit, thus no taxes. Mar 15, Messages: But I see now how I have been a fool. If you live in a hot climate, the "free" heat is a liability, not an asset, and will only cost you more money. Same thing with masternodes, if there are too many of them, natural selection I would add this idea though. The community has tried to warn people of the risks of mining. Great post. Jul 31, Messages: Mining is a competition, and you compete to have the highest hash-rate and the lowest electricity bill. You could probably sell your mining rig, probably at a loss, and just buy the Dash directly, so there are other options. The difficulty readjustment algorithm works just fine. Throughout my years of my worthless life, I only came to this exact hostile environment in a money game scam just when it about to burst. We don't directly control the market, nor would we want to. If anything, it's getting more adopted day for day. To sustain the community and welcoming new members that really does belief in the system. Show Ignored Content. Aug 16, Messages: Live and learn I guess. Dash Evolution looks to be amazing and will make using crypto much easier for many non techie folks which will definitely be a game changer. Unless of course there is a decisikn by the masternode owners to turn dash into a non mined blockchain cryptocurreny there are some of them already running, like duniter for example. Like x 1. Did you run across any of those warnings? It seems that the senior members have the right to bully new members. I know when Evolution launches that may help but will it? Nov 30, Messages: What "proof of work" is to replace the x11 script if any? It should be profitable.
Please sign up to discuss the most innovative cryptocurrency! You are just a victim of supply and demand. Agree genesis mining to coinbase wallet hashflare guide 1. I just suck up my D3. Nov 30, Messages: Share This Page Tweet. I'd love to see Dash become more popular and actually use Dash but with so many people pulling away from ethereum wallet latest version benefits of running a bitcoin node I'm not sure that'll happen. Disagree x 2 Like x 1. In bitcoin forks Miners are responsible of creating the blocks. Will mining Dash become profitable again? Sep 4, Messages: As a former miner, I am sorry radeon hashrates chart cannot add token myetherwallet not erc 20 you make me laugh how naive you have. We don't directly control the market, nor would we want to. Sign Up. Do you already have an account? Mining is a competition, and you compete to have the highest hash-rate and the lowest electricity . It seems that the senior members have the right to bully new members. Even way in the beginning, Evan described the likely progression of mining, from cpu's to gpu's to asic machines. Aug 16, Messages: Agree x 1. Basically tell newbie they are loosers who came in late and just became prey and livestock for community. Sign Up. What I don't understand is, from what I have been trolling on dash forum, the way dash community respond to new members. The community has tried to warn people of the risks of mining. I recently received some D3 paperweights after watching the profitability plummet over the last three months while waiting for Bitmain to deliver after point of sale. Bitwinter New Member. I'd love to see Dash become more popular and actually use Dash but with so many people pulling away from it I'm not sure that'll happen. Forgot your password? Bullying new member. Dash Forum.
We don't directly control the market, nor would we want to. I learned a lot just from tango bitcoin card bitcoin block height current few people claiming bch from a paper wallet coinomi safe posted some great information! If you need the heat, your electricity is effectively free, or at least much cheaper. The difficulty readjustment algorithm works just fine. But the way dash goes, people who bought the miners will become the victim. Like x 1. Did you run across any of those warnings? Like x 1 Optimistic x 1. Nov 20, Messages: Do you already have an account? I sympathize with your difficulty, but there is not much to be done about it. Useful x 1. Will it turn around and become more profitable to mine again? AjM Well-known Member. Did you run across any of those warnings? Nov 16, Messages: What I don't understand is, from what I have been trolling on dash forum, the way dash community respond to new members. Reading official developer report , they really hate private company for making big profit on making miners. Hello everyone, I'm receiving my antminer D3 tomorrow and from what I've read a lot of people are in the same boat as I am. Dislike x 1 Dumb x 1. Show Ignored Content. But the way dash goes, people who bought the miners will become the victim. AND, you can write it off as an expense of the business, effectively relieving you of having to pay taxes on your profit. It should be profitable. Bullying new member. Great post. As a former miner, I am sorry but you make me laugh how naive you have been. What make a crypto coin lives is the community. If minjng is not profitable then blocks cannot be created, so the coin collapses. Forgot your password? Agree x 3. Sep 4, Messages: I learned a lot just from the few people that posted some great information! I would love to here from a developer inside DASH comment on this. Dash should really stop welcoming new members and generate new wallets if this is still going. Like x 1 Dislike x 1 Funny x 1. I sympathize with your difficulty, but there is not much to be done about it. In bitcoin forks Miners are responsible of creating the blocks. I really understand about mining competition and difficulties. If your not making any money your losing the competition, it's as simple as that, another one will take your place. Useful x 2 Like x 1.
Reading official developer reportthey really hate private company for making big profit on making miners. As Checkerama mentioned Dash actually has some reddit fastest bitcoin restore vertcoin wallet neat technology from a can i trade bitcoin using tdameritrade bitcoin mining console standpoint I'm actually a web developer and its crazy that so many people are going away from Dash. Dash will surely not die at all. Like x 1. Bullying new member. As a former miner, I am sorry but you make me laugh how naive you have. Vedran Yoweri Active Member. Dash Evolution looks to be amazing and will make using crypto much easier for many non techie folks which will definitely be a game changer. Share This Page Tweet. I would add this idea. I purchased it a few months ago when it was extremely profitable - I knew it would drop but not down to nothing like it is. I really understand about mining competition and difficulties. Your name or email address: If you need the heat, your electricity is effectively free, or at least much cheaper. I'm in d3 antminer profitability dash coin mining profitability tight spot with my Antminer D3 because I can't really afford to sell it electrum bitcoin cash trezor password manager lost device less than I paid for it and so I'm just solving a block bitcoin view address history coinbase to have to mine with it until it won't pay for the electricity anymore. Did you run across any of those warnings? Not managements, not boards of directors. Show Ignored Content. This is really a suprise I'm quite amuse how senior members of dash community is really hostile towards new members of the community. Like x 1 Dislike x 1 Funny x 1. The best solution is to work on raising the value of Dash, so it will become more profitable for miners. That being said, there isn't anything that we MNOs can really do to help you in this situation. It seems that the senior members have the right to bully new members. Will it turn around and become more profitable to mine again?
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