iBeLink DM384M X11 ASIC Availability and Profitability

17 Mar


The first batch of 50 units of the first on the market iBeLink DM384M X11 ASIC miner were shipped at the beginning of this month and everyone that has preordered is probably quite happy at the moment. The profitability is quite good with selling X11 hashrate at NiceHash still the most profitable choice at the moment, based on our test of a unit we have purchased we can say that the miners are pretty good, even if they do lack some extra features both hardware wise and on the software side. If you re interested in the iBeLink DM384M X11 ASIC miner and you have missed our posts about different aspects of the device that we have published already, then you might want to check them out.


It seems that the company making the iBeLink DM384M miners does not have a very large production capacity and they need some time to make another batch of miners (and probably money from the sales of the first batch). The answer they give at the moment when more units are expected to be available is “we expect to have next batch around mid of May“, definitely a good news for first batch owners and not so good for people that will want to purchase an X11 ASIC now. This low number of devices available however is generally good for the X11 coins as they will not be overwhelmed by a very big wave of new hashrate pouring in pushing out the GPU miners that mine X11. Actually a lot of the GPU miners are currently switching to Ethereum mining because of the better profitability it offers, so the X11 ASIC miners could fill the gap and offer enough supply to cover the hashrate demand. We are looking at at least a few more months before mining X11 with a GPU might become pointless, unless of course we see a bunch of other companies releasing more X11 ASICs on the market. It seems that this is not going to happen in the next few months, so don’t be in a hurry to write out the X11 algorithm as ASIC only yet…

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2 Responses to iBeLink DM384M X11 ASIC Availability and Profitability


March 17th, 2016 at 16:55

They want ample time to “test” the mining rigs first ;).


March 17th, 2016 at 17:12

Maybe they build just a couple of units per day, then start “testing” the already built devices until they have all units from the batch ready to start shipping. Out first batch unit had at least one-two weeks amount of dust inside (on the fans and heatsinks) although it looked brand new on the outside. Judging from some photos posted by other first batch customers, there was also noticeable dust buildup on the cooling fans…

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