Favorite day of the week signature and mining.  So a double good day.  But it was a little not so fun as normal.

Had a PDU start acting up... so buying a PDU put's a damper on things.   We will see how the new one works I went for one that was a good deal, so see how it turns out.

How big if your file currently?  Depending on size might put in services looking to buy it.  I have a feeling someone would sell a usb drive or other option for not terrible.

What is your speed at McDonalds?  I normally don't get anything close to what I would want to sit there and download, but I'm spoiled on a gigabit internet connection.

You obviously have not read many threads with me in it.  I find it fun to run a few... and I expect 0 back that is true.

For my real mining area I do respect a ROI and profit.  But I spent a heck of a lot more on it and the miners in it then 3 U3's and some compacs.   You should do a little research in all honesty.

If you don't find tinkering and playing with miners fun... you are the one doing it wrong.  I enjoy mining even my solo miners that likely never see payback.  Funny thing is one day when I get board I likely will get a decent part of my money selling the U3's and compac's.  And I  got the fun of playing with the U3's and compacs.

OP has not logged in since:  December 17, 2015, 05:45:58 PM

So many of these threads saying I have X amount of money are just pure fantasy.  I am willing to bet OP looked at current difficulty and got free advice and is out of the game before he ever started.  I think people would be upraised how many of these start up wanting others to do the footwork on researching mining for them, and then the person does not come back most cases I believe it is because the money was never there.

It seems like a point it has to... but I don't know.  I mean there should be only so many slots out there to put miners in, and so many data centers.  But I'm unsure what to expect at this point.

I think it's likely everyone will be pumping out chips for the near future.  And if bitfury stuff is true... they likely will have huge advantage on next gen gear.

Honestly most industrial operations are not open books.  So you can speculate but I don't think you will get accurate industrial average.  Your goal is as cheap as possible... but not to tell all competition what your getting.  Open companies are few and far between.  How big are you talking? Spoondolies is biggest one I can think of that since merging with a company has a lot of financial data out.

On other one your talking about Industrial in China... again not open book at all.  So you will be able to speculate, but I don't think you will find one with open books.

Coinwarz is good for current period. If you want just today in current difficulty go for it not a bad calculator.  But it lacks difficulty change.

This difficulty change becomes huge over time.  So bitwisdom is much better in the long haul of mining to use, and at different difficulty change amounts.  Coinwarz cannot match that.

Honestly I think you have some more research to do.   Cloud mining for example on hashnest is not all that different then regular mining if at 10 cents or close.  We need to know if you have cheap electricity, then yes it changes.

And keep in mind the goal is BTC to go up.  So when I made a profit at 230 and stored it all in BTC... all of that I stored is not 430+ in value.  So by holding onto profits can make a HUGE difference, but you can also lose money this way.

People get mad when were talking about spending good money on  products.  I got lucky my S5+ is still running good today no issues.   So he got a dud... which is not fun for anyone.  At this point I'm guessing it's out of warranty so doubt they do much.

They have moved on to S7's I would be surprised if they had many S5+ parts still with it being so limited production.

I'm not sure on Finsky kits.  But on a lot of PSU's that allow it there is a adjustment that makes it very easy.  For example on Kilo 17 has a thread on it for one on Avalon 6: https://bitcointalk.org/index.php?topic=1294058.0

Thank you very much.  Thank you for kind comment's. My goal is to do a few more and do a comparison.  I feel BTC value is getting to point again it's more easily to justify a hardware wallet.  

I think it makes it a lot harder then a paper wallet to mess up security.  I feel security on paper wallet is great if done right.  But I fear of one's done wrong or stored in wrong place.  And hardware wallets really do a good job of keeping you secure without a screw up, which could be costly in today's world.

Sorry about that it has since been fixed. I am working on a comparison of a few different wallet's.  It is my goal to try at least 1 more I know of and possibly more.   The KeepKey uses TREZOR code so it's very much familiar.   It is honestly a different market it is more the people who don't care about the money difference, and willing to pay for bigger screen with aluminum case.    

The TREZOR has many fan's of it.  Honestly I did KeepKey review and I got a LOT of push to do a TREZOR one due to how popular it is and pricing.  Also the TREZOR has Android capability which the KeepKey did not, which was big for some mobile users.

I just did the install today.  I can say they do a good job of making sure you get all 24 words.  They tell you to do it install guide.

Then they tell you on-screen during.    And there is a time-limit to make sure you don't push next/next over and over.  So I found it to keep you very much in line to write them down in seed word book.   Also after that there you go through it again for conformation you did it right. There is no reason not to have it done. 

But if for some reason you dont... you are SOL they for security your book is meant as one place to have it.  Store it securely.

One feature I have been wanting to share is the ability to use the Trezor in combination with an Android device.  This allows an android phone for example the ability to securely send even when you don't have a computer in front of you.  So for a user who is on the move this might be a great feature for you.  For this I used the Mycellium Bitcoin Wallet app.  Below you see how easy it is to use:




How to use:
1) Select the cold storage from the settings option.
2) Select the Trezor option within this menu.  After plug it your TREZOR into your mobile device using OTG adapter.
3) It will then show you the PIN numbers on your TREZOR as shown in top picture.  Enter your PIN on your mobile device.


4) It will then allow you to select the account, if you use multiple it will show them all.  Click on mobile device the account you want to use.
5) It will confirm the address that you previously selected.  After this press send to use it.
6) Now it will allow you to scan, use your addresses, use address from clipboard, or manually enter address.  After you are able to send.


As you can see it is a very nice feature and easy to use.  You get the security of a hardware wallet, with the mobility of a mobile android phone.  So this is just one more nice option to have.   I should mention hot wallets still do have a purpose on small amounts for daily spending.  I got the following response from TREZOR Support "We consider mobile hot wallets as enough safe solution to carry some small amount of bitcoins for you daily spendings and in need of top-up you just connect your device and move funds from cold storage to your hot wallet."

And their suggestion of using it to top off hot storage if you need it, is a good use.  So if you want to use a small amount on a hot wallet on your mobile I'm not trying to stop this.  But if your needing a larger amount of Bitcoin's really is where your TREZOR shines because of the security it adds.

0) General information
1) Unpacking
2) The Trezor
3) Install
4) Using the TREZOR Wallet
5) Conclusion
6) How to purchase

0) General Information + Hardware Needed to buy
As said by the Manufacturer: TREZOR is a single purpose device which allows you to make secure Bitcoin transactions. With TREZOR, transactions are completely safe even when initiated on a compromised or vulnerable computer. Because the use of TREZOR is very easy and intuitive we believe it will help Bitcoin adoption among people not familiar with the security issue

Specs:
CPU - TREZOR is using a 120 MHz embedded ARM processor (Cortex M3 to be precise) with a custom developed system.
Screen - Bright OLED - 128x64 pixels. Enough to hold six lines of text. Can display all the details you need to verify a transaction in a single screenfull.
Case - Both TREZOR Classic and TREZOR Metallic will have a similar case with dimensions of approx. 60 x 30 x 6 mm. The Classic edition is made of a reinforced plastic providing great durability. The Metallic TREZOR is made of a polished CNC milled aluminum.
Safety and certifications - The TREZOR is CE and RoHS certified, so it meets all quality, reliability and environmental standards. Its fine to take your TREZOR with you on the airplane. Like all modern electronics, the X-Rays won’t hurt it.

The TREZOR really came out and redefined the hardware wallet area for Bitcoins with it's design and screen.  It works with many different Operating Systems:  Windows, OS X and Linux.  It also can be used on Android giving a mobile safe way to carry and send Bitcoins.  One of the great things is TREZOR code is open-source, this provides with a secure code that anyone can look at.   The unique thing this has created such a great code some other hardware wallets can and have used the code of TREZOR.  Which I think is a big sign of the good job they have did with R/D, and creation of this device and code.

1) Unpacking
Your TREZOR will arrive with a very nice packaging that makes it easy to know if it's been tampered with. The TREZOR packing I tried to open cleanly and it still becomes very easy to spot it was opened.   The shrink wrap around the unit is there but just as a added layer.  The real security was the security sticker.  And I was surprised the box itself really is part of the security.  You can tell even when I used a knife to get a clean cut the boxes cardboard is instantly noticeable that it was opened.

When unpacking they included a nice longer usb cable, a nice lanyard, and stickers outside of the box within the envelope.  Once the box is opened the main things is your TREZOR, smaller usb cable, recovery seed packet, and instructions.  The recovery seed packet is very important you can write the label of the TREZOR in case you have multiple, and then within it write your recovery seed words.







2) The TREZOR
Below are images to showcase the TREZOR Wallet.





3) Install
Install is very simple with TREZOR Bridge.   After these main steps you will be all ready to use your TREZOR.  I used Chrome but firefox appeared no issue either.  They do recommend connecting your TREZOR, then downloading, and of-course setup after.


1) Plug in your TREZOR via usb to your computer.
2) In your web browser, go to the trezor website - Download
3) After you are there confirm the install of the TREZOR bridge and you will start the install. It should ask for a device label which allows you to identify TREZOR's easily if you have multiple.
4) You will want to write down the seed words on the provided paper.  Mine was very secure and by default did a 24 word seed - Example of backing up seed's
5) After this you will be able to go to the settings and set up other settings such as pin.  And you can really start using you trezor as of now - Other settings


As shown above install is a simple thing to do  and can be very custom depending on what settings you want. This is very secure wallet one thing to make sue you keep the security is writing the security key in booklet, and store it in a safe place such as a security deposit box.  And your TREZOR after this setup is ready to be used on the many different operating systems, or android phone.

4) Using the TREZOR Wallet
You now have a very secure hardware wallet, that you can send and store bitcoins safely with. (And a few other coins aswell).  It is very simple to use after set up. To show this here is a video showing sending bitcoin:


5) Conclusion
I have just started my usage with the TREZOR, but it has been arguably the most popular hardware wallet.  They created an amazing Hardware wallet and shared the code with being open source making it strong and secure.   It has a substantial feel to the wallet, and it usable on many OS and even on the go with Android. Add all the features and a nice LCD screen at a fair price makes this a real contender in hardware wallet.   It no doubt will remain one of the most popular hardware wallets in the space.


5) How to purchase
Below is link to order direct
1) Direct - https://www.buytrezor.com/

It is one thing I see as a big pro myself.  Just opens a lot more doors, and PSU's that I have already.  I don't have any extra 10 PCIe PSU's if I need them I have to order new.

If it's a 4 PCIe PSU there is a chance I might have one I have already ROI'ed on which is nice to use.  (As of right now all are being used, but at points I have had PSU's already ROI'ed and it's very nice to use again).

I'm more into providing information and i let everyone decide on their own.  I don't have a Buy/Don't buy as I feel i overstep a review if I start to say this.  Also I make nothing if you buy or not, this is on purpose.  I don't use short links, or referral in these as I don't have a percent I take off sales.   I try to be impartial you will see direct link to official site.

And it is ever-changing as far  as prices.   So one buy/don't buy does not work out forever.  As of today 12/21 the lowest price per hash power is the S7 Batch 8.  I have been waiting on official statement as far as efficiency, have not got it yet.  So if your bottom line is hashing power, not sound chances are as of right now lowest price per hashing power.

If you need to have it in house as you mention if sound is important Avalon 6, and quieter PSU might be better option.  So it depends on your situation in all honesty.  It's not one size fit's all.

My temps are pretty low with temperature's currently it's winter weather.  I need to slow down some fan's just haven't got to it yet in mining area.  Mine are pretty consent 4.7TH.   The hashing average rate is pretty constant that it does not seem to vary much at all for me. Below is running currently:

There are other ones out there that just are not quite as polished/nice as it. One great thing is Avalon 6 = 4 PCIe cables. So just opens the door to so many PSU's.

S7 you get into the 10 PCIe there just is not a lot out there compared to 4 PCIe PSU's.