Title: Bitmain Miners are not designed well Post by: DashingAgent on August 18, 2019, 04:14:29 PM I found that so called Bitmain miners are not designed well, they consume more energy and give you less rewards, I have an idea which if could be applied then the ratio of mining reward could be increased by upto 1000% by consuming the same energy.
If I give that idea to any company who make miners then I will not get anything in response, therefor I think I should launch an ICO to establish a company which can make miners in the same cost, but I don't know the further procedure and also I am not sure if the ICO can raise enough funds as it require $2 billion investment at-least, so what do you suggest me that should what I do ? Title: Re: Bitman Miners are not designed well Post by: milewilda on August 18, 2019, 04:47:13 PM You mean Bitmain? Holy smokes! you are trying to compete with them? Why would directly need $2B investment.
Just create a single prototype that would show a miner will having that 1000% efficiency compared to their current miners. On that it would be enough for people to fund you up. lol Title: Re: Bitman Miners are not designed well Post by: DashingAgent on August 18, 2019, 05:34:38 PM You mean Bitmain? Holy smokes! you are trying to compete with them? Why would directly need $2B investment. Just create a single prototype that would show a miner will having that 1000% efficiency compared to their current miners. On that it would be enough for people to fund you up. lol Explain please what do you mean by prototype ? do you mean that I should reveal the secrets that how it is made ? and then companies try to build these miners ? I am not stupid. Title: Re: Bitman Miners are not designed well Post by: milewilda on August 18, 2019, 07:29:14 PM You mean Bitmain? Holy smokes! you are trying to compete with them? Why would directly need $2B investment. Just create a single prototype that would show a miner will having that 1000% efficiency compared to their current miners. On that it would be enough for people to fund you up. lol Explain please what do you mean by prototype ? do you mean that I should reveal the secrets that how it is made ? and then companies try to build these miners ? I am not stupid. Title: Re: Bitman Miners are not designed well Post by: DashingAgent on August 18, 2019, 08:22:55 PM You mean Bitmain? Holy smokes! you are trying to compete with them? Why would directly need $2B investment. Just create a single prototype that would show a miner will having that 1000% efficiency compared to their current miners. On that it would be enough for people to fund you up. lol Explain please what do you mean by prototype ? do you mean that I should reveal the secrets that how it is made ? and then companies try to build these miners ? I am not stupid. If you can make a miner by spending a few hundred then why you purchase from bitmain by paying them $4K+ Title: Re: Bitman Miners are not designed well Post by: stfN2128 on August 18, 2019, 08:38:01 PM You mean Bitmain? Holy smokes! you are trying to compete with them? Why would directly need $2B investment. Just create a single prototype that would show a miner will having that 1000% efficiency compared to their current miners. On that it would be enough for people to fund you up. lol do you know how expensive it is to create a printed circuit board for asic miners? if you are really sure you know it will work, why you dont apply for a patent? than you can contact mining firms or make a kickstarter project.. Title: Re: Bitmain Miners are not designed well Post by: pixie85 on August 18, 2019, 09:58:09 PM You want to compete with the biggest company out there. I'd wish you luck but if you are asking us to tell you how to do it you aren't going to do well.
If you have an idea first design the miner and build a single working prototype. If you do you have to travel a lot presenting this prototype and hope to get investors. A good place to start would be bitcoin conferences. Maybe some big miners would prefer to finance your prototype instead of buying overpriced bitmains. Title: Re: Bitmain Miners are not designed well Post by: confreslamp on August 19, 2019, 10:21:17 AM It does not matter what design they have, people are buying their miners like crazy and in the most cases they are sold out within several days. You can try, but I would not recommend to start your protect where you have almost a monopoly running.
|