RXD ASIC ANNOUNCED: DONT BUY IT!!!!!!!!!!!!!!!

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A new "Duel" RXD/ALPH ASIC has just been rushed, I mean announced and this video goes over a brief history on WHY YOU SHOULDN'T BUY IT!!!
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Опубликовано:

16 сен 2024

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Комментарии : 40

@kr00tman 12 дней назад

UPDATE: First batch of these asics costs 10k and the batch size is 200.....which means the profits on these will be cut in half assuming the current 60% pump holds....

@SquidMining 12 дней назад

Makes sense as this is the original batch size they put on the networks. Of course the price is horrible

@DjMines 12 дней назад

I have many concerns 1) can this website be trusted? 2) now that they are done mining, they want to sell us their hardware. What if they have new hardware and are just selling us their old junk 3) how much have they mined?

@kr00tman 12 дней назад

@@DjMines exactly, and the sad thing is your first point is the least concerning one. They seem to want to sell us premined bricks and I'm not here for it

@jkohutiak 12 дней назад

They mined enough to control the price forever

@jgreat4785 12 дней назад

Estimates are 5% of total supply

@sadiesometimes1141 12 дней назад

They wanted the network, they can have it🙂✌ Great video 🙂🥂

@N1NJAKIDD 11 дней назад

I completely agree. Us miners shouldn't buy their asics to teach them a lesson not to do this again😠

@Aluminer 12 дней назад

Man the dragonball asic company only have 5% of the total supply of rxd

@derekken4241 11 дней назад

What’s up poonman!!!

@jgreat4785 12 дней назад

Application specific doesn't mean the machine can't be built to house more than one application. This has been done before. So that doesn't make it shady. It makes it appealing. But I won't be buying one. The real question is what this means for RXD. Getting the hashrate back to being evenly distributed is a huge deal and takes away the only real negative argument against the project. I think this is a win/win for RXD as a project. .

@kr00tman 11 дней назад

That was not the only reason it was shady just seemed odd they built it the way they did. Also the hash rate wont be decentralized because once they release a larger asic they will control the network again.

@jgreat4785 11 дней назад

@@kr00tman But will you buy the new IceRiver RS0?

@OddInfection 12 дней назад

They really should have come out with this from the start at a ridiculous price and just tricle feed it into the market...Like all the others. Dragonball have to learn that market manipulation is about skimming a bit off the top so nobody notices, not just taking handfuls in front of everyone. Someone will open one of these up and it will just be an RX580 and a couple of overclocked AL0 Ultras.

@kr00tman 12 дней назад

@@OddInfection hahahaha, yea they made it so obvious, do they really think we are that stupid

@mancavecrypto7750 12 дней назад

I wanted to say the same thing, they needed an ice river bus development guy if they wanted to move a lot of hardware.

@BearMarketMiner 12 дней назад

Bad play by them. Imagine dumping a bunch of asics on a network, pushing out other miners. Then wanting to sell a bunch of used miners for I'm assuming an overly inflated price. This shit is just dirty

@kr00tman 12 дней назад

@@BearMarketMiner exactly which is why people shouldn't buy them and as @djmines said I bet you they release a new model privately in a few months which make these Asics worthless

@jiggajhood 12 дней назад

Bitmain and the other manufacturer do the same thing. Check the hashrate before the shipment date.

@kr00tman 12 дней назад

@@jiggajhood we know they do, but not like this

@jiggajhood 12 дней назад

@@kr00tmanat least we have real time data on what it can actually do. But pump the price if you are trying to sell units.

@fredericomarcelino2112 11 дней назад

I dont see any problem with the entity mining for 6 months. Us miners do the same. Whe mine coins on spec mine and then whe sell it soon as they are listed on an exchange. This time it wasnt the miners, it was an asic company. You see no problem when its us miners to pump and dump the coins😅

@kr00tman 11 дней назад

The difference is we are not trying to sell 10k machines to people, and pumping the coin to show its profitalbe

@TheMiningCabinet 12 дней назад

As miners, we could vote with our feet and take a hard pass on these. But there's people who FOMO or just think they are smarter than everyone else. These things , if they are real will get bought unfortunately!

@kr00tman 12 дней назад

@@TheMiningCabinet yup, but I really wanted to get this out there so that we can spread the word, it's so obvious what they are doing, that it's almost insulting

@N1NJAKIDD 11 дней назад

I argee, let's stay clear of this one

@MiningMeister 12 дней назад

So what about the hashrate takeover on other algos? Doesn’t add up

@kr00tman 12 дней назад

I was wondering that myself, maybe a new asic they were testin

@geraldringe4439 12 дней назад

Dual Unspecific Machine Bi-Algorithm Super Swizz - known as DUMBASS . I agree this all sounds a bit iffy. Give it a swerve.

@kr00tman 12 дней назад

@@geraldringe4439 ha thanks for the early morning laugh

@jkohutiak 12 дней назад

RXD is dead to me their discord is toxic af. So much scandal in done fuck rxd

@domg6614 12 дней назад

I will buy one for.... 1000$ maybe

@kr00tman 11 дней назад

2nd this haha

@Alias-AngelusNET 12 дней назад

Whyyyy????

@kr00tman 12 дней назад

@@Alias-AngelusNET exactly!

@mancavecrypto7750 12 дней назад

Thanks, man. I will pass on this asic as well. May buy some coin for long term hold on a cheap once these ship and everyone starts dumping. Also, plese lose this classical soundtrack, distracting, you dont need it for a short video.

@kr00tman 11 дней назад

thanks for the feedback!