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3601  Economy / Service Announcements / Re: Columbia Basin Mining - Land offer for Bitcoin Mining on: December 12, 2015, 04:24:46 AM
Is the farmer leaving his equipment with it?  If so what equipment and what year/models?

Depending on farming you would be surprised how much extra you will spend on equipment.  Some equipment can add up to over a million easy depending on what your farming.    

So I would not count on full farming profits as I have a feeling you will be sharecropping,  where someone with the equipment comes over to do it and they take a pretty big chunk of profit.  Also stuff to improve the land is out of you pocket.  So if the land has not been improved in a while or soil needs work that again is a lot out of your profit.

The farming part scares me personally adding that to mining.  Your talking about 2 completely different investments.

Farmer is not leaving any equipment.

Equipment is not an issue as Columbia Basin Mining will be executing a long term lease at $500 an acre ($40,000 annually) with an existing farmer in the area.  We could sign an annual lease and choose to “shop” for a different farmer yearly, and perhaps secure a higher rates.  For instance, an annual potato farm lease goes for $800 an acre but can only fall into proper crop rotation once every four years.

In the execution of a long term lease, the leasing farmer will be responsible for his crops and maintain crop conditions standard to common practices to the area.

Executing a leasing agreement with a farmer lets Columbia Basin Mining focus only on the Bitcoin mining aspect of the company while taking advantage of attributes of this property.

MODIFIED

It is not a surprise he is not leaving equipment it's hard to say but it could be as much as the land.  With it the deal is much more attractive.

There are a few red flags on it first is long term lease.  With owning the land when sharecropping you are normally responsible for land upkeep, maybe they pay 1/3 at most but at least 2/3 if not all is on landowner.   With long term lease there is no computation your chances are giving it to the previous owners buddy.  You need to at least do it as a bid and have more then 1 farmer bidding on what they will pay.  But since it's your land upkeep or improvement make sense landowner benefits from.  

Also normally it is not a flat fee if just flat fee if your just getting flat fee your getting screwed with owning the land. Normally you get a percentage of the crops.   2/3 land owner and 1/3 sharecropper is very common.

I think you a little over your head on the farming and land ownership.  I HIGHLY suggest getting someone who knows industry to consult before going with deal.   I think it's a pretty sweet deal for sharecropper getting it at flat rate.    But as land owner getting just a flat rate is not normal at all.  You want a share of what is produced.

Did previous owner come up with these terms with sell? Sounds like something someone would do for a friend he want's to farm it that does not have cash for land.  To get a flat fee at a rate low enough to pay for all upkeep out of sharecroppers hand you know you are getting much lower then you could.  Look at it renter is getting all the benefits of landownership without cost with your longterm lease.  Don't sign current deal, trust me on getting a consultant.

3602  Other / Beginners & Help / Re: Best bitcoin wallet? on: December 11, 2015, 11:03:27 PM
where to make paper wallet?
i want to use it for store my coin.

Where is at your home, and on the dumbest printer you have.  If you have a old printer with just USB and not all in one... use it.  Also look at way's to clear printers cache. This might be overkill in most cases but it's worth doing.  And also be offline when doing it.  If it's for a lot offline do it blow away OS, have a few writes on HD, then reinstall OS.  Again could be overkill but if using a lot do it.

I still am tinkering with hardware wallet.  I have to say it's kinda nice to have it and access to money so quickly.  I still am not going to put majority of holdings there as I'm early testing.  But so far it's really really nice.
3603  Other / Beginners & Help / Re: What would happen if [Suspicious link removed] becomes inaccessible? on: December 11, 2015, 11:00:50 PM
I'm not sure what the list you posted but since you have a paper backup of it then you should be just fine , just make sure that the backup contains the private key and you should be fine .
Same goes for Trezor : https://doc.satoshilabs.com/trezor-faq/threats.html#what-happens-if-the-satoshilabs-shuts-down and here : https://doc.satoshilabs.com/trezor-faq/threats.html#what-happens-if-the-satoshilabs-servers-are-hacked-and-the-firmware-signing-key-is-stolen

You can use it with other wallets though.  If they shut down would the wallet still work?  Like electrum instead of the extension wallet?

Or is it calling home each time still when using electrum?
3604  Other / Beginners & Help / Re: BTC Trojan Miner In Your Computer - How To Detect on: December 11, 2015, 10:59:08 PM
My question is: would it be worth designing a Trojan that will mine BTC with a CPU?  In order for this to be worth it, you would have to have over 10,000 computers working just to bring in 1 BTC per year.  That hardly seems worth even designing the virus.  Once it has been found, someone will update virus scans and take care of it before you would earn anything.  Does this make sense to anyone or am I barking up the wrong tree?

No it's not worth it for 1 computer (unless that computer had sensative info and they are getting info off it).  A lot of these go into a botnet.  So they will do what ever highest paying person asks most likely.

I think of botnets as a owner rent's them out to people for cash.  And there is a lot of scary things they could be doing you don't want to be a part of.  So really make sure your protected from virus type applications.
3605  Bitcoin / Mining / Re: Idea to extract hot air for better cooling efficiency on: December 11, 2015, 10:54:01 PM
I was thinking in attaching some ducts to the fan outputs of the miners were it pushes the hot air out and those ducts will go outdoors. Like using the same miners as extractos... I was thinking that it was a better idea than using a room extractor because the room extractor will extract the hot air and the cool air from the air conditioner as well. But if the miners are the extractors, the cool air will just have one way to go, through the miners.

Avalon 6 are the miners that I intend to use.

If it's a lot a gable fan works pretty well.  I pushed the hot air with a lot of CFM's of fan twords gable and it exhausted it. In my mining area.  There are also some vents that the hot air goes out of.

But main thing was getting a commercial grade gable fan as far as exhust - http://www.homedepot.com/p/QuietCool-Professional-3013-CFM-Power-Gable-Mount-Attic-Fan-AFG-PRO-3-0/206047381  That thing did a LOT more then the standard gable fan that was in it before.  Also have it on a temperature sensor so it is off a lot now that winter air is here.
3606  Bitcoin / Hardware / Re: [Review] Avalon 6 Miner - Winter Mining - Notlist3d - Also FAQ and Help on: December 11, 2015, 10:50:31 PM
Pretty good website / review.  I wish they go more into detail on this statement below and how they achieved the 4.1T.

When the case of mining machine stable operation at a temperature of 75 degrees, voltage 12.1V, the fan speed of about 3000 rpm, G pool and pond, the average count forces around 3.5T. Maximum count force nearly 4.1T, the smallest operator force of about 3.2T, long run without large fluctuations.

P.S Zoomhash is expressing me the missing LED Dongle.  Is this the same thing they use on the Avalon 4.1? If so I think I can borrow that piece from another miner that doesn't live too far away.


It looks exactly the same as 4.1 adpters.  I cannot guarentee it as I have not hear of anyone trying it.

But I put my extra's with my 4.1's as it appeared so close.  So I'm guessing yes but cant guarantee it.
3607  Bitcoin / Hardware / Re: ANTMINER U3 Discussion and Support Thread on: December 11, 2015, 10:48:46 PM
Did anyone try to mod the U3 for quieter operation?
Are you serious?  It's one 80mm fan, my desktop has 10 of them.  White noise is relaxing, you should learn to enjoy it!

Can you show a pictue of the 10?  I would love to see that!

And thanks to the person showing cooling adapter that is interesting!
3608  Bitcoin / Mining speculation / Re: Best mining equiptment for the money not having to pay for power on: December 11, 2015, 09:44:45 PM
You actually can't do this.

A buddy of mine found a few buildings which have some offices which had some vacant rooms which were like $100/month.

They included power, heat, lighting, AC, etc. However when asked about how much power they can supply they said you can't just put miners in there which will end up costing more money in electricity then they will make profit from rent.

If you are going to be there 8 hours a day working, then you can probably hide them somewhere but leaving them unattended with all the noise, will bring up suspicion.



Not all charge more for electricity though.  They figure you will have a few comuters, maybe tv/projector.  And heating/cooling and lights.  They don't expect thousands of watts of gear to show up.   So a lot of leases it's ok to do if they were lucky, but chances are the lease also gives owner a way to kick you out pretty easy... which miners would cause.

Also most offices are not set up for a ton of miners.  The wiring and breakers and such just are not designed for a large amount of electricity I don't think.
3609  Bitcoin / Mining speculation / Re: $1500 budget, im torn in choices on miners on: December 11, 2015, 09:41:49 PM
I'd wait a couple months or so, see what BW.com prices the B-Eleven at, and what Innosilicon does with their A3.


There is not really enough for us to know in a couple of months it will be out.  And even if it is who knows date public sales start.

They sold a TON of cloud hashing which we can assume will be first to get machines.  I expect others to come after that.  And we also have not seen chips, or prototype so timeline really is hard to say.
3610  Bitcoin / Mining speculation / Re: Solo mining question on: December 11, 2015, 09:38:48 PM
You will have more profits if you mine with a pool. Unless you have a big mining farm, and when I mean big I'm talking about BIG. If you have a few machines its best for you to run them in a pool, or else you will be playing kinda like a lottery

Even with big mining equipment the risk is still there of not hitting a block. Granted it's less with so much equipment.  But you would have to have millions in equipment to even think about solo mining as a good idea.

And you would have a LOT of expenses that would make solo mining hard, as you need to pay things such as electricity.
3611  Bitcoin / Mining speculation / Re: Setting up new diff thread Dec 6 to Dec 20 picks open. on: December 11, 2015, 09:36:04 PM
Holy crap guys! Were at 448 at coinbase.  Were talking about possibly breaking 450 today.

That is huge! Expect high difficulty for sure with this going on.
3612  Economy / Service Announcements / Re: Columbia Basin Mining - Land offer for Bitcoin Mining on: December 11, 2015, 09:33:53 PM
Your combining two very different investments I think.  80 acres is a good amount of farm land.  For a data center you don't need anywhere near this. You just need the building really and land it sets on.

You are combining farming.... and mining.  The two just do not really fit together.  The are completely different in most ways.

The owner of this farm is retiring and wants the land to go to someone they know (this is not a public sale).  

Currently finding 1MW of power available in Washington State has become extremely difficult of late, and taking advantage of the power available and low energy cost, this is ideal for a small data center.

It may not seem like a fit, but we have managing partners with experience in both farming, and bitcoin mining.  This gives us two revenue streams to handle the payments, and have a substantial asset, unlike mining equipment.


Is the farmer leaving his equipment with it?  If so what equipment and what year/models?

Depending on farming you would be surprised how much extra you will spend on equipment.  Some equipment can add up to over a million easy depending on what your farming.   

So I would not count on full farming profits as I have a feeling you will be sharecropping,  where someone with the equipment comes over to do it and they take a pretty big chunk of profit.  Also stuff to improve the land is out of you pocket.  So if the land has not been improved in a while or soil needs work that again is a lot out of your profit.

The farming part scares me personally adding that to mining.  Your talking about 2 completely different investments.
3613  Other / Meta / Re: Requesting moderator reversal on: December 11, 2015, 05:42:28 AM
Dictionary.com states speculation:

One thing to keep in mind is this forum has rules and yes some put certain posts in certain threads.   No matter what a dictionary say's the forum rules still are what are followed. 

Honestly it's kinda a mix of a lot of things I mean I brought it up in one topic farming and mining have nothing to do with each other.  I actually do have farm experience it very hard work..... i like computers much better.    Honestly someone almost needs to take a class or two before ever investing in a farm.  But I guess this is getting off topic.

But it was moved to a proper forum, no matter what dictionary says.
3614  Bitcoin / Hardware / Re: Antrouter R1 Case short on: December 11, 2015, 05:34:36 AM
I have tried 3 different power strips.  What is odd is the short is not causing the GFCI on the outlet to pop. 

I should not assume but you are using on a US outlet right? Not somewhere where adapter is needed?

I'm going to guess US.  But your on right track on contacting seller.  I would love to tell you to open it up and see if something is off, but that no doubt would make it where seller would make you keep it.
3615  Bitcoin / Hardware wallets / Re: [Hands On] KeepKey Hardware Wallet - Notlist3d on: December 11, 2015, 05:30:10 AM
It looks very nice and I'm sure it very simple to set up once you get your hands on it... But what I rely don't understand is why it's priced so high? Better yet, why do they feel the need to secure the packaging so well, if you know you are going to inevitably take it out of the box sooner or later to use it? Huh

I am not part of company so I cant say what determined price.  Look at post above to see why I call it a premium hardware wallet.  

The packaging is so you know it came straight from factory to you without tampering.  To get in it you need to open the plastic wrapper, which I agree is not super secure.  But the 2 security stickers are pretty good as you have to cut both to open box.  So it shows it was opened.  So they did make it a priority to show customer it was not opened by anyone before receiving it.

That's true, I never really thought of it like that. Maybe as more people list out the pros and cons of keep key and other hardware wallets, you can put up a table in your reserved spot that lists out each hard ware wallet, their price, and features that come along with it. Great over view of this though, I might have to start thinking about getting one in the future if I feel there is a need.

That is the fear is somehow someone tampered with it before you got it.  As that could possibly defeat all security defenses depending on what they do.  The KeepKey does try to warn you if it has a custom firmware on it:

"You can make modifications to our firmware or create your own, then run it on the KeepKey. As a security precaution, firmware uploaded to the KeepKey that we do not distribute will show a warning message during boot to explain that it running unofficial firmware."

Still with a hardware wallet there is a little piece of mind knowing it came from factory and had seals in tact.
3616  Bitcoin / Hardware / Re: Antrouter R1 Case short on: December 11, 2015, 05:26:44 AM
I got my antrouter yesterday, and plugged it in with no issue.  Today I was moving all my mining equipment to a new location.  When I went to move the Antrouter it shocked me.  I did a quick search(here and google), and nothing came up.  I have already contacted the seller, but I was curious if anyone else was having the same issue. 

I have have one no issues with shocking.  Do you know if the shock as from case or possible surge protector?  I would try on a different surge protector if not on one already.

It is odd that it would be able to build up shock through case and still work.  I would think you would have some issues. 
3617  Bitcoin / Hardware / Re: [Review] Avalon 6 Miner - Winter Mining - Notlist3d - Also FAQ and Help on: December 11, 2015, 05:23:25 AM
I'm hoping to just get 1 of these LED Dongle so I can get my machine to work.  Do you mean you got 2 micro USB cable not LED Dongle right?  Don't see why a vendor would send u two Dongle per unit as it's not needed.

@Hawkfish - Yes same reseller and yes, the Avalon box was shipped in a very nice box.  The PI was on the outside of the bigger box containing it all.  They packed it well with many foam peanuts so it was a professional job, just very surprise my PI case was not screwed in and missing the Dongle.  Also the USB imaged it was shipped with seems much larger than 3.7GB that Notlist3D posted.  I can't get my PI to log into the network so I'm downloading and flashing to the Block C image now to hope it will log in.   Network cable is definitely good as I took it from a working Antminer connection.  I see a lot of potential in this Avalon as I heard the fan noise when it was powered up, if it's anything like that max ramp up sound only, I think I'll be very happy with the unit especially since I'm seeing people hitting 4TH with these boxes.  I do like the PI option with just 1 IP address and configuration.  Many people have spare PI and older smaller SD cards so if a controller fail, it's cheap and fast to replace.  

UPDATE - THE BLOCK C image worked.  I can access the PI now.  Very happy, now I just need to LED Dongle connector so I can start hashing away.  Forgot to add Many Thanks to you NOTLIST3D!!!

Your very welcome!  BlockC really did a good job at making that image to be easy to setup a Avalon 6. 

With DHCP works with almost all networks and you can go to static very easily if you want.  Also was tested with Avalon 6's so it is known to work good.   It's the best image I have seen for first boot up so far.
3618  Bitcoin / Hardware wallets / Re: [Hands On] KeepKey Hardware Wallet - Notlist3d on: December 11, 2015, 05:18:21 AM
It looks very nice and I'm sure it very simple to set up once you get your hands on it... But what I rely don't understand is why it's priced so high? Better yet, why do they feel the need to secure the packaging so well, if you know you are going to inevitably take it out of the box sooner or later to use it? Huh

I am not part of company so I cant say what determined price.  Look at post above to see why I call it a premium hardware wallet.   

The packaging is so you know it came straight from factory to you without tampering.  To get in it you need to open the plastic wrapper, which I agree is not super secure.  But the 2 security stickers are pretty good as you have to cut both to open box.  So it shows it was opened.  So they did make it a priority to show customer it was not opened by anyone before receiving it.
3619  Bitcoin / Hardware wallets / Re: [Hands On] KeepKey Hardware Wallet - Notlist3d on: December 11, 2015, 05:14:57 AM
Two things not mentioned in the review:

- it has PIN protection so just getting one's hands on one of these isn't enough to steal the BTC stored on one. (This was in one of the videos, but who watches those, right?)
- The price is, according to keepkey.com, 239 USD.

Yes it has pin protection. Also it does show the numbers as random spots so even if someone logged what boxes you clicked it would do them no good as far as location. 

The price is not cheap that is a vaild argument.  I would say it's a premium hardware wallet with my time with it so far.  With the large screen, and aluminum case it is not designed to be the cheapest option.
3620  Other / Beginners & Help / Re: How to collect BTC ?? on: December 11, 2015, 03:51:09 AM
I am sorry, when you play in faucets and signature campaigns, there is not much of a chance in making enough money to consider it an income.  Like some of the people mentioned in here, you need to do some research and look at some of these of these projects going on.  You may even be brave enough to start your own project and make some good money.  Be inventive and creative.

You are right about faucet, but very wrong on signature campaign. The thing is you have not hit full member yet.


The full member is where signature campaign pay really goes up.  Look at all the campaigns almost all are like this. That is why until you hit full member you can skip sig campaigns and not really miss out on much.
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