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221  Bitcoin / Hardware / Re: Liquid Cooled Miner C1 Discussion and Support Thread on: November 16, 2014, 11:28:59 PM
If I buy one of these can I get a pump setup from elsewhere? Seems like the main issue with these is the syscooling stuff?

why the fck not?

If you even need to ask such question, stock up Tylenol you will need it.
222  Bitcoin / Hardware / Re: Need help to choose Mineral Oil for my KNC jupiter Cards on: November 16, 2014, 02:12:28 AM
are you aware that mineral oil is used as medium of heat exchanging right? You still need a radiator to dump heat.
223  Bitcoin / Hardware / Re: Achilles Labs - by Ancenda Technology in Shenzhen on: November 14, 2014, 04:36:25 AM

  > 2) Can you provide any actual pictures of your miners instead of just computer renderings?

I am forwarding your request to our tech guys and hopefully they will be able to come up with something to make you a little more assured.

 Thanks.

 --
 Tony T.,
 Achilles Labs Sales Department


now we wait... 2015 isn't too far away.

wait for what? Even if they have pics of 4U box, that does not mean shit. DO NOT PAY WITH BTC!
224  Bitcoin / Press / Re: [2014-11-13] Ethereum Cloning: Ethereum Comments, Counterparty Responds on: November 14, 2014, 04:26:56 AM
and i warned the idiots who jumped into Ethereum's "debut fixed price". What can i say, suckers born every minute second.
225  Bitcoin / Hardware / Re: Liquid Cooled Miner C1 Discussion and Support Thread on: November 13, 2014, 04:29:13 AM
Thought I would report a successful custom water cooling setup for two c1's. I used some parts I had lying around from some of my old watercooled PC's.

1 D5 Pump with EK Pump Top
1 560mm Rad GTX560
8 140mm Fans in push-pull

Both C1's in series (refer photo and some screen grabs of the temps which are remarkably even across the two units)

Currently both are overclocked to 262.5 with the default voltage.

Is that black coolant or tubing? Or Ribena?

Its black tubing idiot, to prevent growth in coolant.
226  Bitcoin / Mining speculation / Re: New diff thread .diff in the 0.2% to 12.8% range. covers Nov 4 to Nov 17? on: November 12, 2014, 09:44:15 PM
The current price rise shows exactly why mining is a terrible investment for avg Joe.

Buying miner is like spent your BTC at low price while hoping to have ROI on those BTCs. You might be able to get those BTCs back + 10% in profits. Thats very unlikely as network difficulty will rise and rise ( not to mention the psychology effect of BTC price going up)


I spent the same amount on mining on buying BTC, i'm already making over 10% in profit. As the price going i'm not losing any opportunity to cash out or diverse my investment. I also dont have to spend time managing my tiny mining operation.


Mining has become a marginal incentives of BTC ecosystem, which is exactly what i expected. Its only for large scale with best electrical rate.
227  Bitcoin / Press / Re: [2014-11-12] CD: Singapore Event Puts Bitcoin on Mainstream Finance Agenda on: November 12, 2014, 05:36:37 PM
I support Singapore heartly. If the government play their cards right, it can be the richest country in the world.

Even for traditional fiat currency, many billionaires are moving their asset to Singapore.
228  Bitcoin / Mining speculation / Re: New diff thread .diff in the 0.2% to 12.8% range. covers Nov 4 to Nov 17? on: November 11, 2014, 06:13:19 PM
7 being high point and going down is at least better then we started at.  Hope it goes down more, but who knows at this point.

i know .... based on this forums, i still see it going up. Hardware being bought by retards left and right, dont you see?

Good luck with your cheap watercooling parts btw  Wink
229  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 11, 2014, 06:04:48 PM
price is still too high, there is no roi here.  

Hardware = $800 (including power supply)
Profitability decline per year = 0.1 (only <8% decline per period, very conservative)
Power = 1200W @0.15

Still come back with a negative $ after 12 months. It's basic math, i dont understand why people continue to buy those overpriced hardware, host them, run them, when they wont make any money for you.




Try your math again with $0.10 power - not everyone pays $0.15/kwh or more. Other assumptions like difficulty jumps <6% or increasing bitcoin value also affect the calculations. Its unlikely we will still have a $400 bitcoin in a year from now.

btc/usd increase or decrease is irrelevant to mining profitability calculations, i am surprised as a hero member, you dont understand this basic principal of mining.  

It has a lot to do with it. Let's take a fictional scenario where a miner costs 1btc and over a 12month period produces 2btc while using up $400 in electricity. You effectively break even if bitcoin price stays put at $400 from now to then.

What if bitcoin goes to $1200 (3x value)? At the end of the year your roi will be (2-1btc)-$400. That's effectively a $800 positive roi. On top of that, it's likely the miner could continue to mine profitably at that price for a few more months, maybe another $100 added to the ROI. *for those who say this is why to buy and hold, if you bought 1btc at $400, after the year you would have $1200 in btc, a gain of $800 (bitcoin going more than $1200 would make mining more profitable than holding)*

Granted, an increase like that in bitcoin price would likely result in a larger difficulty rise as 1-2w/gh equipment resumes mining profitably, and other various factors - but the point us that roi is effectively based on a (bitcoin(x1) - bitcoin(x0)) - dollar(y) equation, so the value of bitcoin is very important. Its all a lot of speculation, but so is trying to estimate difficulty increases

if you buy bitcoin directly, you will incur the same gain/loss with regards to btc price fluctuations.  Therefore to calculate if a mining hardware is profitable or not going forward, the bitcoin future price factor is never used as part of the consideration.

Anyone who doesnt understand that shouldnt be buying hardwares.

I stopped arguing with that idiot long time ago. Hes too fcking dumb to understand this simple concept. Infact i say most noobs buying hardware right now are actually expecting BTC price to rise in order for ROI.
230  Bitcoin / Hardware / Re: Antminer C1 liquid cooled by chevrolet :) on: November 10, 2014, 05:27:34 PM
Believe it or not, thermal dynamic says that rad only being used half of the channels.

Not that you need it.
231  Bitcoin / Mining speculation / Re: I have LOTS of idle servers, should I mine? on: November 10, 2014, 10:22:17 AM
This is why i think BTC is FAR from being mainstream.... when we keep getting this kind of thread.

Someone always want to jump into btc thinking, its so easy to mine btc. If BTC can be mined with those CPUs do you really think its at the current price level right now? At least learn abit more about BTC economic b4 having this pipe dream of being rich.

Also for all "CPU coin" believers, the only ppl will be "rich" are bots operator. Good luck having that system as a viable currency.
232  Bitcoin / Hardware / Re: Liquid Cooled Miner C1 Discussion and Support Thread on: November 10, 2014, 10:15:39 AM
I used ground water cooling.  Water force:0.1Mpa, September run to now.



:shakehead

Noob, if you use well water, dont do direct heat exchanging. You will fuck up your waterblock and contaminate the water vein.


Do it right and do non direct heat exchanging. You can keep your waterblook alot longer with proper coolant too.
233  Other / Meta / Re: BadBear is a big scammer, he gives negative trust because he thinks i am alt on: November 09, 2014, 04:26:37 AM
I wish i'm an admin so i can ban piece of shit like the OP.

Lowlife piece of shit deserves to rot in hell.
234  Bitcoin / Mining speculation / Re: Is anyone still buying? on: November 08, 2014, 08:42:20 PM
i'm still acquiring miners. replacing old kit with more efficient rigs, it's how we live  Cool

more like its how vendors make killings, while idiots dream about being rich mining.
235  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 08, 2014, 08:40:00 PM
Overpriced? Really? Then go buy knc! Are they asking 10000$/th/s?
Compare quality with all the other manufacturers! Quality is what you pay for!
You have 1360$ and you are crying!!! compare yourself with a starving kid with no parents, who lives on the streets! Hypocrite!
You are one of those pricks driving S class benz and crying that you got no money for gas!
You got compensation in btc, you moron! not like bitmain in coupons! or better yet:
GO BUY FROM BFL!!!!!!!!!

Where is your mom? how did you get on the internet?

Stupid kid, go clean your room.
236  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 06, 2014, 04:25:59 AM
You guys probably never thought of this but i bet the fire started from the collapse of those shelves.

A quick calculation shows they load 600kg per shelf.  Undecided pure stupidity

 Each rack has 1800kg = boom

Why? That looks like pretty decent pallet racking. 600kg is nothing, you can safely store twice that or more on a single pallet.

Yeah..... no A 42U server rack is alot stronger yet would never support such weight.

Those 4 legs wont like constant 1800kg 24h in a hot environment.
 

If the rack can support 1800kg with ease then there is no reason for them all bent up and collapsed.

Those pallet rack at Homedepot look alot beefier yet i doubt they hold anywhere closed to 2000kg 24/7. They're alot BIGGER too.
237  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 06, 2014, 04:23:59 AM
wonder why cowboyminer deleted his recent posts about his mining farm fire

He sure did...hmmmm  Huh

https://bitcointalk.org/index.php?action=profile;u=319455;sa=showPosts

LOL after i raised concern about money laundering?

Awesome.
238  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 06, 2014, 02:47:01 AM
...
You said you know their story, does not make it truth.

Whatever.

Sure you can turn your eyes blinded now. I just hope you were not fooled by bad actors.

Do you even know what industrial electricity rate is in Thailand?

Do you think someone would throw 7+ million dollars into a business yet they dont know how to do cashflow calculation?

Go ahead and tell me what story they feed you.
239  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 06, 2014, 02:36:28 AM
DC's will be thinking twice before allowing people to host this gear now, at least at unrealistic densities. Imports may receive greater scrutiny.

I'm not thinking twice about it.

I bet the fire started in their electrical infrastructure -- transformer, distribution panel, etc -- not in a power supply or a miner. There's not much flammable material inside a miner. However, they may have installed a transformer near to a wood wall, then overloaded the transformer or wired it up without adequate fuse protection.
The buildup was definitely not according to US electric code
When you were showing us this Data Center on September 5th did you have concerns about the wiring then? BTW I wouldn't expect them to be up to US electrical code since they aren't in the US, their local jurisdiction will have authority over this and their own standards.

Sadly enough. I know in Thailand, Information and Technology department must give you license to run DC type business. I bet they dont have a license since their buildings is remote. Look like they will face charges and penalties.
 
240  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 06, 2014, 02:34:31 AM
...
My guess would be laundering money for triangle drug lords ( Myanmar, Cambodia and Thailand).
NO. Europeans that relocated to Bangkok and having fun.
Good people.

ofcourse ppl that deal with you must look legit. you think they would invite you to their fort with armed guard?

Please stop the conspiracy theories. Payments were done in BTC.
I know their story. Again, good people. Bad luck.

Guy

Doesnt that prove my theory? Ofcourse they use BTC, do you think they would hand you cases of cash?

You said you know their story, does not make it truth.
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