JasonHan
Member
Hey Jason, do you have any idea or insight why the hashrate goes up so crazy (was stable at about 3-4th for 3 months now, and it has increased to 5-6 2 weeks ago and reached 10-11th/s today)? Giants have not been produced and cubes/quads are sold out since pretty much April, either Baikal is producing them and selling them to farms or some other thing happened? Still not sure it is iBeLink .. but it is all hard to figure out as there are no number available anywhere how many devices have been produced.
I believe that Baikal has been producing the miners and selling it to the companies that are ordering them in bulk. It's the fastest and the easiest for them to do that rather than selling them individually creating more work for the same amount of money? That's how I'm understanding/thinking about this whole issue......
All this up and down makes no sense, even in my pool I see a bunch of stable guys with massive gh, but overall (many smaller miners probably) it drops to half and goes up again in a few hours, maybe miners are crashing all over the place ^^. Obviously all DGB and maybe some MUE miners that left will probably end up on Dash, but why is it going to 11th/s (for a very short time, overall it was still in the 5-6th/s range for that day) and then back to 3-4th/s like 2 weeks ago. It should even be higher with all the miners leaving DGB (which is almost twice as easy to mine now and has not dropped half its value).
And why would you mine with 1000 iBeLink 10.8gh/s miners and then just turn them off? They would make almost $300k per day, this makes all no sense. Selling them at $5k is just $5MM, which you would make in 12-18 days right now .. nope, still not believing any of this 10.8gh/s bullcrap.
I totally agree with you on this. The calculation of profit don't even come close to how much they can make if they just keep them... I'd understand if the iBeLink is sold for a very high price but 5~10k? no way...