Last updated on February 26th, 2018 at 04:16 pm
Evan Duffield, creator of Dash (formerly known spil Darkcoin, and XCoin before that) stated that Dash’s X11 proof-of-work algorithm wasgoed intended to reproduce Bitcoin’s mining development curve. Its controversial 32% premine scam aside, Dash mining has indeed progressed through the familiar phases established by Bitcoin: CPU mining, GPU mining, and now ASIC mining.
The Antminer D3 from Bitmain is the presently the most efficient ASIC miner for Dash. The D3’s very first production run began shipping te mid-2018 and quickly sold out, spil it suggested a major spectacle advantage overheen the contesting ASIC and GPU miners.
Spil with Bitcoin and Litecoin ASICs, Bitmain wasn’t very first to market with a Dash miner, that honor belongs to the iBeLink DM384M, which wasgoed released te 1Q16. However, spil with Bitcoin and Litecoin ASICs, Bitmain’s product offers peak electrical efficiency. Duffield’s intention to mirror Bitcoin’s mining progression wasgoed certainly fulfilled!
The Antminer D3’s Hashrate Compared
The D3 achieves an outstanding hashrate of 15 GH/s while consuming 1200W of electric current. It realizes an efficiency rate of 1.6 J/MH. This contrasts very favorably with the iBeLink DM384M, which produces only 384 MH/s. To waterput this into perspective, the D3 gets almost 40 times the hashrate for only about 1.7 times the power consumption.
For a fairer comparison, consider the Baikal Giant-A900 X11 ASIC. The Giant, the former leader of the X11 mining field, hashes at 900 MH/s for only 216W. However, the D3 gets overheen 15 times this hashrate for less than six times the power consumption. The A900 does, however, have the advantage of being able to mine five more algorithms ter addition to Dash’s X11.
Ultimately, iBeLink’s latest suggesting, the DM11G, achieves 11 GH/s and draws 810W. This means that it gets 73% of the D3’s hashrate for 67.5% of the energy! The only downside is the DM11G’s steep upfront cost—more than dual the D3’s. If you’re able to get one at a better price, you should certainly consider it spil a strong contender to the D3.
D3 and PSU Costs
Bitmain sells the D3 for around $Two,700, minus shipping costs and a power supply. However, the September batch quickly sold out, and the next possible batch will available ter November for $1,450. Bitmain’s recommended APW3++ power supply adds another $105. You can, however, use any ATX PSU with the onberispelijk power rating and connectors.
Even at $Two,700, the D3 is the clear leader ter terms of value. Its nearest rival, the DM11G, costs a whopping $6,000 for iBeLink. Baikal’s Giant is presently not available except from resellers and second-hand, where it generally sells for about $Two,200. However, the superior show of the D3 means it will pay for itself a lotsbestemming sooner (assuming Dash mining remains profitable).
D3 Weight and Size
To let you know what to expect ter terms of shipping charges, the D3 weighs Five.Five kg, and the PSU weighs Three kg. The D3 measures 320 x 130 x 190 mm. Its low weight and petite size compare favorably with other X11 miners, the DM11G, for example, weighs 21 kg and measures 490 x 350 x 180 mm.
X11 Mining Considerations
Dash’s USD price has bot rising lately, ensuring that the coin remains profitable to mine. However, Bitcoin’s latest price hike has greatly outperformed Dash’s:
Dash is doing well te US dollars, but its spectacle is mediocre when priced te bitcoins.
According to Coinwarz.com, it wasgoed 128% more profitable to mine Dash than it wasgoed to mine Bitcoin te August 2018. However, this wasgoed only half the two-week average of 227%. This declining profitability is due to two factors:
1) Bitcoin’s greater appreciation:
Out of overheen a thousand altcoins, 15th place is pretty darn good.
Two) Dash’s rapidly rising difficulty rate spil high-powered ASICs become widespread:
Bitinfocharts.com shows Dash difficulty spiking since X11 ASICs became available te early 2016.
Is the D3 Profitable?
If you want to get an idea of your potential comes back from a D3, the CoinWarz Dash mining zakjapanner is helpful. Bear ter mind, however, that difficulty is almost certain to proceed rising, and Dash’s price may well fall. However, based on a static price and difficulty, the profitability picture is spil goes after:
According to the rekenmachine, with the approximate US average violet wand cost of $0.Ten/kWh, the D3 can pay for itself ter less than three weeks! ( Note: This wasgoed true for the time of writing this postbode. Please check for updated stats on Coinwarz’s webstek ).
That’s amazingly fast—the latest Bitcoin miners from Bitmain can take a year or longer. The projected annual profits of almost $50k are likely very unrealistic. Nevertheless, the D3 shows up to be a good investment on paper.
How to Buy the D3
Like any other miner from Bitmain, The Antminer D3 sells ter batches. Every few months, a fresh batch comes out. It’s worth taking a look at Bitmain’s D3 pagina to see when the next batch will ship. Also, Bitmain’s Twitter profile has useful information about upcoming releases.
Note that the D3 is also available second-hand or via preorder from various resellers. While certain dedicated ASIC suppliers may offerande fair deals, most resellers on eBay or Amazon will charge a premium for getting this “money printing machine” ahead of the next batch.
A preorder with Bitmain is most likely the safest way to purchase the D3. While local resellers will ship it to you more quickly and permit you to dodge invoer duties, you should be aware that many scam resellers exist and may take advantage of the request for fresh mining equipment. If you buy via a reseller, ensure that they’re reputable very first. Wij personally got burned by such a scammer on Amazon spil well.
Shipping costs and times from China vereiste also be taken into consideration. Certain resellers promise prompt delivery times and cheap shipping within the United States (and some other regions). Long shipping delays eat into expected profits, spil others receive their D3s and start mining, mining difficulty rises accordingly. Note that unlike Bitcoin’s two-week delay, Dash’s difficulty retargets harshly every two minutes and forty seconds, or with each fresh block found.
The Bottom Line: Is the Antminer D3 Worth It?
Albeit other manufacturers are working on fresh Dash ASICs, right now the Antminer D3 is the best available X11 miner. Your options are to witness and wait for a better miner or to purchase the D3 spil soon spil possible.