{"id":307,"date":"2018-03-15T11:29:21","date_gmt":"2018-03-15T10:29:21","guid":{"rendered":"https:\/\/kriptoblog.hu\/?p=307"},"modified":"2018-03-20T12:43:33","modified_gmt":"2018-03-20T11:43:33","slug":"vegjatekban-a-cryptonight-banyaszat-debutal-a-bitmain-antminer-x3","status":"publish","type":"post","link":"https:\/\/kriptoblog.hu\/en\/vegjatekban-a-cryptonight-banyaszat-debutal-a-bitmain-antminer-x3\/","title":{"rendered":"After all, CryptoNight mining \u2013 The Bitmain Antminer X3 Debuts"},"content":{"rendered":"<p>Just as the time came for Bitcoin when CPU (processor) and GPU (graphics card) mining profitability dropped to zero with the appearance of new ASICs (Application-Specific Integrated Circuits), the CryptoNight algorithm is now facing a similar fate.<\/p>\n<p>Perhaps most people first heard about this algorithm in connection with Monero (XMR) cryptocurrency mining, which is also used by Bytecoin (BCN) and Dashcoin (DSH). Monero (XMR) has appeared in a negative light multiple times, e.g., in connection with illegally installed browser-based JavaScript mining programs, typically by the CoinHive miner.<\/p>\n<p>Most people started gaining knowledge and experience in XMR mining with either the NiceHash or MinerGate client programs, and although it was runnable even on weaker configurations, its profitability was already questionable. Even more advanced processors were unable to achieve outstanding speeds; here are some personal examples:<\/p>\n<ul>\n<li>Intel I7-3930K: 200-220 Hash\/second (<em>130 Watt TDP<\/em>)<\/li>\n<li>AMD Ryzen 1800X: 400-450 Hash\/second (<em>95 Watt TDP<\/em>)<\/li>\n<\/ul>\n<p>However, the time has come for something to happen here too, and this something is now happening with the arrival of the <strong>Bitmain Antminer X3 ASIC mining machine<\/strong> . The device is capable of 220 KH\/second performance at 550 Watt consumption... Compared to the processors above, that's +\/- 220,000 Hash\/second, meaning compared to the Intel i7-3930K, that's a thousandfold (1,000x!!!) performance jump. Consumption matters too, because even if we had a thousand i7-3930K units on the shelf and combined them for CryptoNight mining, with 130 Watts per unit that would be 130,000 Watts or 130 kW of electrical power. If I calculate correctly, that means approximately +\/- 550-560 Amps of current... So that's industrial power, requiring substantial cable cross-sections and so on... \ud83d\ude00<\/p>\n<p><strong>Bitmain Antminer X3: <\/strong>Regarding the ASIC mining machine, Bitmain is being more cautious now, and according to their current official announcement, <strong>sales are limited, so one person can only purchase two machines<\/strong> in total. <strong>The first shipping deadline is May 15, 2018, and the second is June 15, 2018.<\/strong><\/p>\n<figure id=\"attachment_309\" aria-describedby=\"caption-attachment-309\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-309 size-large\" src=\"https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant01-1024x266.jpg\" alt=\"\" width=\"1024\" height=\"266\" srcset=\"https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant01-1024x266.jpg 1024w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant01-600x156.jpg 600w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant01-300x78.jpg 300w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant01-768x199.jpg 768w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant01-1080x280.jpg 1080w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant01.jpg 1438w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-309\" class=\"wp-caption-text\">The newsletter content...<\/figcaption><\/figure>\n<p>Currently, the first shipping option:<\/p>\n<ul>\n<li>Antminer X3 \u2013 <strong>Batch 1<\/strong><\/li>\n<li>Shipping: between May 15-31, 2018<\/li>\n<li>Price: 11,999 USD (<em>45081409 BTC; 12.73860331 BCH; 72.48618117 LTC;<\/em>)<\/li>\n<li>+\/- 3 million forints for the first-order Bitmain Antminer X3 plus the power supply price, shipping fee, and customs handling cost (which must be paid to the Hungarian Customs Office)<\/li>\n<li>Order:\u00a0<a href=\"https:\/\/shop.bitmain.com\/productDetail.htm?pid=000201803132107063379CD35Gxy064F\" target=\"_blank\" rel=\"noopener\">https:\/\/shop.bitmain.com\/productDetail.htm?pid=000201803132107063379CD35Gxy064F<\/a><\/li>\n<\/ul>\n<p>Our other option:<\/p>\n<ul>\n<li>Antminer X3 \u2013 <strong>Batch 2<\/strong><\/li>\n<li>Shipping: between June 15-31, 2018<\/li>\n<li>Price: 7,599 USD (0.92506589 BTC; 8.15878483 BCH; 46.07269530 LTC;)<\/li>\n<li>Approximately 2 million forints is the price for the Bitmain Antminer X3 available in the second batch plus the power supply, shipping costs, and customs processing fees (which must be paid to the domestic customs office)<\/li>\n<li>Order:\u00a0<a href=\"https:\/\/shop.bitmain.com\/productDetail.htm?pid=00020180314213415366s4au3Xw306A4\" target=\"_blank\" rel=\"noopener\">https:\/\/shop.bitmain.com\/productDetail.htm?pid=00020180314213415366s4au3Xw306A4<\/a><\/li>\n<\/ul>\n<p>In total, if we want the two Antminer X3 mining machines limited per person, we need to make an investment of 5-6 million forints. That's not pocket change, but if we consider that according to CryptoCompare's estimate, the machine could bring us approximately $70,000 annual profit, which is 17-18 million forints, then our initial 5-6 million forint investment doesn't seem like so much.<\/p>\n<figure id=\"attachment_310\" aria-describedby=\"caption-attachment-310\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-310 size-large\" src=\"https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant02-1024x662.jpg\" alt=\"\" width=\"1024\" height=\"662\" srcset=\"https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant02-1024x662.jpg 1024w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant02-600x388.jpg 600w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant02-300x194.jpg 300w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant02-768x496.jpg 768w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant02.jpg 1069w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-310\" class=\"wp-caption-text\">Monero (XMR) profitability on March 15, 2018 at 220KH\/s performance \u2013 calculator<\/figcaption><\/figure>\n<h1><strong>BUT!!!<\/strong><\/h1>\n<p>Let's not forget that after the appearance of such mining machines and the commissioning of the first wave, the network capacity and difficulty level will rise to such a level that only a fraction of the currently available profit will be mineable with these machines. <strong>The bad news is that due to the incredibly skyrocketing difficulty level, CPU or GPU mining won't be worth it more than ever before.<\/strong><\/p>\n<figure id=\"attachment_311\" aria-describedby=\"caption-attachment-311\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-311 size-large\" src=\"https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant03-1024x506.jpg\" alt=\"\" width=\"1024\" height=\"506\" srcset=\"https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant03-1024x506.jpg 1024w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant03-600x296.jpg 600w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant03-300x148.jpg 300w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant03-768x379.jpg 768w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant03-1080x533.jpg 1080w, https:\/\/kriptoblog.hu\/wp-content\/uploads\/2018\/03\/x3ant03.jpg 1454w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-311\" class=\"wp-caption-text\">Monero (XMR) mining difficulty level<\/figcaption><\/figure>\n<p>An interesting hypothesis is that if the situation changes so much due to the influx of incredibly high performance, how viable will browser-embedded JavaScript mining programs be... Presumably in this case they'll also be sentenced to death, because if until now a site with a few thousand monthly visitors was enough for minimal profit, and even millions of daily visitors won't bring much anymore, then browser JavaScript miners will find themselves in a hopeless situation.<\/p>\n<p>The appearance of the new Bitmain Antminer X3 will raise interesting questions that will be very worth paying attention to in the future. The device offers itself at a very high purchase price, so not many people will immediately go for it, but what's much more important here is that after Bitcoin, altcoins are also outgrowing the possibility of home mining \u2014 firstly due to their price and secondly due to their physical characteristics. It's also a very interesting fact that apparently there's growing demand for power over altcoins too, if Bitmain is starting to move in such large volumes.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ahogy anno a Bitcoin eset\u00e9ben is elj\u00f6tt az id\u0151, hogy a CPU (processzor) \u00e9s GPU (videok\u00e1rtya) b\u00e1ny\u00e1szat j\u00f6vedelmez\u0151s\u00e9ge lenull\u00e1z\u00f3dott az \u00fajonnan megjelen\u0151 ASIC (alkalmaz\u00e1sspecifikus integr\u00e1lt \u00e1ramk\u00f6r) megjelen\u00e9sekor, \u00fagy most a CryptoNight algoritmus is hasonl\u00f3 sorsra jut. Tal\u00e1n a legt\u00f6bb ember a Monero (XMR) kriptop\u00e9nz b\u00e1ny\u00e1szatban hallott el\u0151sz\u00f6r err\u0151l az algoritmusr\u00f3l melyet a Bytecoin (BCN) vagy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":308,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,8],"tags":[22,65,66,45,64],"class_list":["post-307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banyaszat","category-hardver","tag-antminer","tag-cryptonight","tag-minergate","tag-nicehash","tag-x3"],"_links":{"self":[{"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/posts\/307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/comments?post=307"}],"version-history":[{"count":1,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/posts\/307\/revisions"}],"predecessor-version":[{"id":312,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/posts\/307\/revisions\/312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/media\/308"}],"wp:attachment":[{"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/media?parent=307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/categories?post=307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/tags?post=307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}