Great concern for profitability with D3 miners

Lately the D3 mining equipment of Antminer with X11 algorithm are arriving late and suddenly. Dozens of owners of this model precisely show their concern.

Is it the fault of the X11 algorithm or the slow delivery and sudden price drop?

Deliveries of the D3 miner later than ever

The main and most important in the acquisition of a D3 miner, is its rapid amortization. From the purchase until we receive it at home, it can take a month. If we add that in the meantime, the difficulty of mining and the prices do not accompany, we worry. We may even think that it has been a bad purchase and a disappointing investment.

The community of miners has expressed its outrage by showing delays in shipments and slow waiting at customs. Of course you have to pay taxes, but since your reception at customs and subsequent payment, the days are extended. Meanwhile, there are parts of the world such as China and the USA that receive their equipment almost immediately. They start up and the difficulty of mining means that the benefits are only few or almost zero in the first months.

Precisely for the small miners, who want to decentralize our work, it makes us even more difficult.

antminerD3

Bitmain Antminer D3

Lots sent en masse no longer interest

We would like to believe that the company responsible for the D3 Antminer, manufactures and ships according to demand. In addition, large mining companies are those that receive the equipment before, increasing the difficulty and obtaining the benefits in those initial months.

The small mining investor has no choice but to look “stunned” at his tiny benefit.

As a result of more than 40 days of waiting and an abrupt growth of power, many owners of D3 Antminer miners decide to get rid of or sell their equipment as soon as they receive them. Many resellers made their purchases thinking about the direct benefit of the retail sale. That is not happening and the secondary lots are stored without being dispatched.

In many pages of sale of second-hand goods and mass sale over the Internet, they see that they do not come out or interest. To all this must be added the descent of one of the main crypto coins DASH, which with the rise of King Bitcoin, has seen its price decline by 30%.

More than one miner has been frustrated and discouraged, coming to the worst: shutting down the mining of the D3 or selling it at a very low price.

There is still hope for the D3

Although mining carries a high risk, specialized algorithms such as the X11 are trapped in a dead end. We can only undermine the crypto currencies and keep them waiting for some day to rise and recover our investment. DASH is the maximum that expects a great recovery. While Bitcoin dominates upwards, all the altcoins lower their price, except for some.

The mining with D3 Antminer should be corrected soon, but neither its price nor results will convince many. The owners of D3 all they have left is to take a deep breath and endure the storm for a while. It is already well known by many that in 2014, it was not very profitable to mine Bitcoin with an S3 miner. The Bitcoins generated at that time, if we had saved them, today would be an important sum of money.

If you can hold the coins and run with expenses, I would not stop mining with D3. Soon they will rise again and I think a lot.

Many capitals and investors do not yet know the crypto coins. It is expected that in 2018 the digital market will rise and generate more income.

We always have many Altcoins left to mine and who knows, we hit and we win.