The new generation of Bitmain Antminer X3 CryptoNight algorithm, explosive mining income! Can mine Monero, ETN, DCY, etc.

Received an email today: All new Antminer X3 to mine CryptoNight coins!

Translation: The new CryptoNight algorithm ASIC mining machine is on the market, with a computing power of 220KH/s and a power consumption of 550W. Each account is limited to one unit and cannot be purchased in mainland China.

The batch shipped from May 15 to 31 is priced at 11999 USD/unit (payment can be made with BTC)

The batch shipped from June 15 to 30 is priced at 7599 USD/unit (payment can be made with BTC)

If you want to buy it, you can only use the overseas shopping and shipping method . Simply put: choose the shipping company's shipping address as the X3 mining machine's shipping address, and then ship it to China. If you don't know how, please search on Baidu.

At this point in time, the calculation method of mining income is:

Take ETN and Monero as examples:

ETN calculation website:

https://www.smzdw.org/calculate/Electroneum

Enter the computing power and calculate that the daily income is 1,740 yuan. Wow, it’s explosive!

Monero calculation website:

https://www.smzdw.org/calculate/Electroneum

Daily income is 1,310 yuan, wow, that’s explosive!

You can calculate the mining income of other coins that support the CryptoNight algorithm by yourself.

Conscience risk warning:

The total number of mining machines is currently unknown. The computing power may surge, the currency price may plummet, and there may be delays or increased taxes when transporting them to domestic customs. There are other risks. Please consider and bear them on your own.

Explanation of the general readers’ misunderstanding of mining issues:

• Will the price of coin skyrocket after Asci mining machine is launched?

  The price is related to supply and demand. The listing of Asic mining machines will lead to a surge in computing power, but it will not lead to a decrease in the number of new coins added every day. So from this perspective, the listing of Asic mining machines has no effect on the price of coins. (But this does not mean that the price of SC will not rise or fall. I am saying that the listing of Asci mining machines will lead to an increase in the price of SC. This logic is unfounded.)

• Why does the number of newly added coins not decrease every day when the computing power skyrocketed?

  Mining is a dynamic process. Taking SC as an example, no matter how much the computing power increases, the system will produce a block every 2 minutes. If Zhang San is the only person mining in the entire network, it will still take 2 minutes to produce a block. If there are 100,000 Zhang Sans mining in the entire network, it will still take 2 minutes to produce a block. The difficulty of mining will adjust with the increase or decrease of computing power. Using the analogy of rolling dice:

  Zhang San is the only person in the network who is rolling the dice. He only needs to roll the dice once and the number is 1. This is very simple. Let's assume that he can roll it in 2 minutes.

  If there are 100,000 Zhang Sans rolling dice in the entire network, and everyone is rolling the dice non-stop, the computing power of the entire network will be dynamically adjusted to: roll the dice 500 times, and the sum of the points is less than or equal to 505. Assume that it still takes about 10 minutes to roll the dice.

  If there are 1 billion Zhang Sans rolling dice in the entire network, and everyone is rolling the dice non-stop, the computing power of the entire network will be dynamically adjusted to: roll the dice 5 billion times, and the sum of the points is less than or equal to 5 billion and 300.

  No matter how large the computing power is, the system will automatically adjust to produce a block every 2 minutes.

  This process of rolling the dice is called mining.

  The person who rolls the dice is called a miner.

  The ability to roll dice is called computing power.

  In general, regardless of whether the computing power rises or falls, the number of new SCs added each day is about the same as usual.

• Why is mining so troublesome?

  Take Monero as an example. Someone has a transaction in the Monero system. Tom transfers 1 Monero to Peter. Then it needs to be recorded. And the system stipulates that whoever keeps the record will get the newly added Monero as a reward. So who will keep the record?

  BTC uses the proof-of-work (POW) method. If you want to keep accounts, well, let's do a math problem. This math problem is very difficult to solve, but very easy to verify. Monero uses the CryptoNight algorithm supported by the protagonist of this article, Ant X3. The computer needs to run a specific program and continuously use the CryptoNight algorithm to perform hash collisions (which can be simply compared to Zhang San rolling the dice above).

  Through huge computing power, the security of the system can be guaranteed: if you want to make false accounts, tamper with the ledger, or erase

Original link: https://mp.weixin.qq.com/s?__biz=MzIxNjQ1MDA4Ng==&mid=2247483899&idx=1&sn=9732dd998ce57a90d454a26e5aa892e3&chksm=978994b2a0fe1da41112bbaaa5be23ac386854cf6c25a5a4e578bd0030c0e8f368c9ff46d822&mpshare=1&scene=1&srcid=03150El2E0vHF4KnjoCaQKS4#rd

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Antminer X3: http://www.wabi.com/product/14.html

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