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One of those favorite times of the week for me. Signature time which is always fun. Sadly it will be spend soon though on a RPI kit to play with.
Also mining as always. Which since price of coins went up a little today is nice.
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I cant decide what to do, i bought 2gb vps ram for gameserver hosting but i realized it wont grow up my bitcoins. Can i mine bitcoins over there? I mean Linux Ubutnu Mining with 2gb ram? If yes, how?
Can you suggest what to do to grow up my bitcoins?.
Read your provider's TOS. 90% of the time, hosting providers do not allow users to run resource intensive scripts like miners as this would degrade other user's VM that is hosted on the same hardware. Even if they allow, the profit won't be there as you are only able to use a fraction of the total hardware. I would recommend you to either rent it out or run a traffic exchange program and sell the views earned. Is there any tutorial how to sell / view / buy some views earned? I don't think it is going to bring you very much either. I could be wrong though. I don't think there is a lot you can do unless you happen to be using Azure or Ec2. Both of those seem to allow mining. But it costing more then you would make. Only exception is if you happen to get a promo to for X free dollars use. Unless you are using a free promo I don't think you will see any profit. If on free it will be small profit, you will not get rich mining alt coins. And again make sure to read TOS. A lot will suspend your account once they see high CPU use all the time. Most would rather have no customer then a customer who cpu mines. |
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Well you can do paper wallets, this is the insert put into most coins. But without coin you get to do it yourself (I like to do my own as I don't trust something I did not generate with large sums of BTC.
If you don't like that look into other cold storage options. The main word there is cold as you do not want it to be online or have internet access when not in use. It just allows it to be more of a risk of getting virus or other bad things.
Last is hardware. These are not cheap in many cases but things such as trezor are much more secure then a hot wallet.
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| Rank | User | Duration | Average Hashrate | PPS Block Number | Solo Block Number | Luck | | 4 | djyS4 | 89d22h28m25s | 120.35 MH/s | 0 | 45 | 2102803738.32% |
source: https://www.antpool.com/poolStatsRankings.htmThis guy just gave up $264,000 vs mining solo with that luck. Any idea who djy is? Sounds like a S4 farm from last part of it. I would be interested to know more about the person or facility that is this miner. Who ever it has one heck of a luck factor. I wish I could know more. |
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I am thinking of creating a business for bitcoin mining and want to see if there is an unlimited electrical energy tariff. What price is this likely to cost? And are there any companies offering this.
Please only reply with information suitable to my location in England and not in USD currency.
Thank you.
Nowhere is England. But, if you are ready to shift to Mongolia or Azerbaijan, then it might be possible. It would take a large amount of money to start up but one of my favorite threads is one that has managed to get lots of hydro electricity - https://bitcointalk.org/index.php?topic=1072474.0But for cheap hydro you can see they did pick somewhere far out of England. I think with VAT and high electricity England is not going to be the place where a lot invest in a data center type business for miners. |
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There is not a good on size fit's all. Electricity pricing varies so much there never will be a yes or no anwser. Also you need to have a good amount of electricity available (depending on how big you want to go).
It was not easy with my heat during summer but I was able to get around 14k worth of mining gear during the heat by using lot's of CFM's from fan's. I have 100 amp just for mining. And 200 amp meant for house but I could put some in the house and use that to.
But some places might have 100 amp only where not a lot of extra electricity. Or apartments might have even less depending on set up. So you really need to know your electricity max aswell.
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Price had a nice weekend, picked up almost $10. Currently closing in on $240, if price can keep climbing and diff stays flat this will be a good adjustment period. But the tidal wave is coming, I can feel all those S7s getting unboxed out there...
The last 24 hours has been good on price no doubt about it. I hope it continues but I am happy with slow and no big drops. I think a decent amount of them have hit their homes at this point on S7's. I do wonder how long till they make another batch. I still think a internal use for something such as hashnest or a data center upgrading from A1's (or other old gear) could add to our hash rate fast. I wonder if no batch open for sale as sales mentioned before, or if they are truly just out of inventory. |
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If Avalon can get close to S7 efficiency, and sound levels to their 4.1 I would be all over a few Avalon 6! Aside from the Antminer S3, the 4.1 has been the the most enjoyable miner I have owned.
It's kinda a hidden gem. Most have not used it so they don't know how truly quiet it is compared to other miners. It's just a huge difference. But they did charge a premium for it. I hope they do not charge a premium for it like the 4.1 but time will tell. |
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The inverters shut down if power goes out. Im not using any battery backup. The solar only offsets a fraction of my overall power usage, never makes it onto grid.
Here is the answer!  Thank you! That seems like it would cut down on costs as that is a good amount of batteries. I still wonder the price of it. I have never seen numbers that allowed me to justify it in past. But I would love for someone to show some numbers that make solar or wind with ROI that is not horribly long. |
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Hmmm I wonder if the price is the cost to make one? Maybe we will see these at 20$ with the 5gh/s in it, free hash sure is nice. I think there was a screw up on cost. I wonder the same it looks very possible to be cost. The part about only 10 for international sales makes me also wonder if they are going to be selling in packs of 10. On U3's they have kept a high min order. So I wonder if 10 is their number for R1. As far as speed unless it allows overclock sidehacks compac can get 3x the speed they advertise on R1. sorry, internal, not international. selling to their own team to check bugs. it should never even be posted on the site Interesting I did read wrong I word there. Who is the internal sales for? Seems like they would give them to internal for finding not sell it and pay for bugs. I still wonder on price if that is close to their costs. I really would like to get one to play with. I don't think they will but I really hope that usb is not just charge that it could power a usb miner. Even if they set it up where you could plug in U3 would be interesting. But I'm guessing just charging port. |
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We've done preorders for two products so far, the first batch of DPS2000 PSU boards and the first batch of Compacs. The DPS2000 boards started shipping I think 7 days behind schedule, but the PCBs arrived from the etch house 9 days late (2 days after our product's ship date). The Compac started shipping 10 days late, but the pick-and-place arrived about 50 days late (seven days after our product's ship date) and the heatsinks arrived 14 days late (three days after ship date).
I don't like taking in money on things I can't deliver immediately or awful close to it. But sometimes it's necessary to get enough cash in hand to buy parts for a full batch.
The problem I'm running into right now is having enough money to fund the development process. I really don't want to take on debt for that. Hopefully I can get everything working in short enough time and when sales on 750W PSUs and Compacs are doing good that we aren't put in a bind.
Also, the rough numbers we're looking at right now would put an S1-sized miner at 28 chips, about 4TH topend.
Well i would chip in for development of a new home miner based on the work from sidehack and novak  I love hearing about a possible 4TH miner from you guys. That would be kinda a game changer if you get up and running on that scale. The compacs seem pretty rock solid so definitely interested in 4TH depending on price. One thing you might do is a design it to use one or two of your 750 PSU's depending on it's needs. That way you might get some sales on miners and PSU's at same time. Which means more profit and hopefully more money for even further development. |
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The cast iron is a little bit overkill  . But you did pick a tank of a pump it looks like. I think the best is somewhere between the syscooling and that pump. The ebay one I have linked a lot is a great pump for open water cooling systems. It's worth mentioning the syscooling pumps during batch 1 (possibly little into batch 2 cant remember) were tested dry and this put plastic shards in many in places they should not be. So high failure rate. Later pumps that were not used dry were suppose to last longer (I did not test this as I already had replaced my pumps before my replacement syscooling pumps came). |
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latest setup. Running around ~27TH of gear and have 4.5kW of solar panels on grid tie inverters.
Very nice setup really like you were able to use solar. Is there batteries or does it just use solar during day? Also roughly what did it cost for the 4.5kW of solar to get equipment and install? |
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Hmmm I wonder if the price is the cost to make one? Maybe we will see these at 20$ with the 5gh/s in it, free hash sure is nice. I think there was a screw up on cost. I wonder the same it looks very possible to be cost. The part about only 10 for international sales makes me also wonder if they are going to be selling in packs of 10. On U3's they have kept a high min order. So I wonder if 10 is their number for R1. As far as speed unless it allows overclock sidehacks compac can get 3x the speed they advertise on R1. |
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I hope Avalon will do better job on noise level of Avalon 6, then can get more customers on the current hard situation.
Avalon 4.1 is very quiet. It's the quietest fan miner I have had. Hopefully they keep this aspect as it was pretty amazing on that front. Can you link to any of the sites that show pre-orders? I am not pre-ordering but would enjoy to see the site to see if looks creditable. |
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Also i'm not quite sure what would be the best, but here's an idea;
Depending on how many people will be in the subsequent runs. We could allow Joining with one or two share per person.
1- is your stick(s), your requirement to be in the club. (Might as well just use one and use the other sticks yourself on solo ck)
2- is your donation.
So if for example we have 25 persons which is about what we have now, we'd have 50 shares, which mean everyone would get the same share as if we only share in 25 sticks, but this would bring more hash to the table.
I don't think limiting to one per person is the goal. After a month it should be based on GH by Compac's. So if someone OC's to 16 gh it is rightfully counted as more then one at 8gh. Also does not limit the amount of compacs one can. I think that is a pretty fair playing ground that way. And all of this really does not matter till after 30 day's. Even then chances of hitting block are low. This is suppose to be a fun club, I believe. I'm hoping it turns into a social aspect around compacs. |
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Woops, i hadn't even noticed from the previous posts that my stick was down. I replugged my ethernet cable last night because it was in the way, didn't realize craptastic W8 wouldn't reset the adapter and reconnect. Lost 10$ from GPU mining as well. Poo. Well anyways, now its back online and i upped the freq a bit. The hard part to is I get around 8gh when I run normal. Once I run OC i will get around 16gh(some have shown 20 I have not gotten that high yet but it's possible). So you can get 2x as much from running hot. I think that is still fair as it's a compac.
It would be easy for someone to game the system. But if we suspect anyone of doing it we can easily ask for picture of sticks. Hopefully no one will do it as it would ruin their rep. Also I am hoping this club is a long term thing. Chances of hitting a block are slim so hopefully we get to know everyone within the club as I hope it turns into a social aspect.
That would be nice, we could have a sub thread with a list of users with proof picture, maybe, i guess its not important to think about it for now. The club could get pretty big if most users that get a stick decide to join, since i think the total amount of sticks will be 1000~? But i expect it to stay relatively small since i doubt that many user know or wish to keep track of this now instead of just do the lottery on their own with no one to answer to. I get the idea but in reality the more hash the better. Keep in mind the way its setup each user shares the bitcoin evenly. So the one person that has 8ghs would make the same as the ones that have more. Ah yes. In the previous post, we were talking about 1 stick = 1 share, hence me bringing up some kind of verification. I mentioned having a underclock S1 and pretending its 20 sticks. Would not be cool. I think it should be based on GH of stick miners. 1 stick = 1 share would not reward those who run theirs hot. If someone runs at 8 GH and other runs at 16 GH that should be worth more. Again it's just my 2 cent's. But after 30 day's have it be compacs and the GH you have out of them be your shares. yes but if you put too much limits on things you will shoot yourself in the foot so to speak.. right now we are at 22 users.. so if we get a block right now we would all get 1.136~ btc. CK fee is .5% and that usually covered on the btc fee, so you get right around 25btc per block.. if you were to limit it to ONLY compacs, you can be assured the chances of finding a block would be lowered to almost never. i think this pool is a really good idea for smaller or obsolete equipment.. not just for compacs. there isnt a pool out there yet that has such a payout. if someone can make a front end, like kanos pool, but instead of having the graph be 7 days it would be like 6 hours that way if a miner drops off for a few hours its ok but a whole day it wouldnt be included in the payout... then force the payout for the block to be per user and not per shares it would be pretty much automated. i dont think many people will jump on it with high hash rate, because they might make more on a regular pool.. but im sure you would get someone with a s1 or s3 that would or the occasional rented hash gamble.. plus it would be a great benefit for the compacs as they dont make enough for a regular pool payout, and finding a block on their own would probably never happen. The problem is lets say 1 old dragon would crush the compacs. This is the " Sidehack stick solo pool club" . So the whole point is kinda to support sidehacks projects which is right now a compac. I don't think it will open to all equipment as it crushes compacs speed. You can open a "Obsolete solo club" for other equipment. Just the price alone of compacs getting to S3 speed does not equal. Think $25 for 8-16 gh. The thing we have is efficiency and we can run these usb miners for years on little cost. So you have to make bigger equipment a donation really to be fair for a "stick solo pool club". It's kinda apples and oranges. there is no "crushing" speed tho.. this pool isnt paying by shares.. as in work being completed. its paying in users equally.. it wouldn't matter if one person threw in 1ph.. if the pool gets a block, everyone gets an equal part of the bitcoin. yes this is a sidehacks stick club, but if someone wanted to throw on a s1 or s3 i think it would actually help instead of hurt things. When i said i'm not sure about 1 stick = 1 share, i didn't mean people shouldn't run more hash here. Just the way the payout system is, right now its advantageous for people with one or only a few sticks. I myself run a small donation and i'm not expecting more if we find a block. But if we get 40 members with 500 sticks and then we share the 25BTC in 500, the odds of finding a block won't really go up that much and if we find a block, for instance, "I" would only get 0.05, which isin't particularly thrilling. not looking for this to ever be more then 100 shares for the reason above. the idea is if we hit the block the stick you used turned a profit. once we fully prorate hash it turns into a standard pool. if it goes to 100 shares it becomes task for manual checking to end. and fully automatic tracking. and once we go under .25 btc a share the fun leaves. I would agree on that. I think cap it at a certain point. Also this is part of the reason not to let the other gear count as if someone throws an S3 or other gear on a "stick solo club" they would just crush the shares on what sticks would get if it did hit a block. Which is not any fun either. |
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Woops, i hadn't even noticed from the previous posts that my stick was down. I replugged my ethernet cable last night because it was in the way, didn't realize craptastic W8 wouldn't reset the adapter and reconnect. Lost 10$ from GPU mining as well. Poo. Well anyways, now its back online and i upped the freq a bit. The hard part to is I get around 8gh when I run normal. Once I run OC i will get around 16gh(some have shown 20 I have not gotten that high yet but it's possible). So you can get 2x as much from running hot. I think that is still fair as it's a compac.
It would be easy for someone to game the system. But if we suspect anyone of doing it we can easily ask for picture of sticks. Hopefully no one will do it as it would ruin their rep. Also I am hoping this club is a long term thing. Chances of hitting a block are slim so hopefully we get to know everyone within the club as I hope it turns into a social aspect.
That would be nice, we could have a sub thread with a list of users with proof picture, maybe, i guess its not important to think about it for now. The club could get pretty big if most users that get a stick decide to join, since i think the total amount of sticks will be 1000~? But i expect it to stay relatively small since i doubt that many user know or wish to keep track of this now instead of just do the lottery on their own with no one to answer to. I get the idea but in reality the more hash the better. Keep in mind the way its setup each user shares the bitcoin evenly. So the one person that has 8ghs would make the same as the ones that have more. Ah yes. In the previous post, we were talking about 1 stick = 1 share, hence me bringing up some kind of verification. I mentioned having a underclock S1 and pretending its 20 sticks. Would not be cool. I think it should be based on GH of stick miners. 1 stick = 1 share would not reward those who run theirs hot. If someone runs at 8 GH and other runs at 16 GH that should be worth more. Again it's just my 2 cent's. But after 30 day's have it be compacs and the GH you have out of them be your shares. yes but if you put too much limits on things you will shoot yourself in the foot so to speak.. right now we are at 22 users.. so if we get a block right now we would all get 1.136~ btc. CK fee is .5% and that usually covered on the btc fee, so you get right around 25btc per block.. if you were to limit it to ONLY compacs, you can be assured the chances of finding a block would be lowered to almost never. i think this pool is a really good idea for smaller or obsolete equipment.. not just for compacs. there isnt a pool out there yet that has such a payout. if someone can make a front end, like kanos pool, but instead of having the graph be 7 days it would be like 6 hours that way if a miner drops off for a few hours its ok but a whole day it wouldnt be included in the payout... then force the payout for the block to be per user and not per shares it would be pretty much automated. i dont think many people will jump on it with high hash rate, because they might make more on a regular pool.. but im sure you would get someone with a s1 or s3 that would or the occasional rented hash gamble.. plus it would be a great benefit for the compacs as they dont make enough for a regular pool payout, and finding a block on their own would probably never happen. The problem is lets say 1 old dragon would crush the compacs. This is the " Sidehack stick solo pool club" . So the whole point is kinda to support sidehacks projects which is right now a compac. I don't think it will open to all equipment as it crushes compacs speed. You can open a "Obsolete solo club" for other equipment. Just the price alone of compacs getting to S3 speed does not equal. Think $25 for 8-16 gh. The thing we have is efficiency and we can run these usb miners for years on little cost. So you have to make bigger equipment a donation really to be fair for a "stick solo pool club". It's kinda apples and oranges. |
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I like it better then the previous weeks. I am hoping we can get a few weeks of 2-3. But that is kinda a wish I think that will be hit and miss depending on batches of S7 in near future.
In far future I have no idea what SP50's will do to it once they start pumping those out.
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Woops, i hadn't even noticed from the previous posts that my stick was down. I replugged my ethernet cable last night because it was in the way, didn't realize craptastic W8 wouldn't reset the adapter and reconnect. Lost 10$ from GPU mining as well. Poo. Well anyways, now its back online and i upped the freq a bit. The hard part to is I get around 8gh when I run normal. Once I run OC i will get around 16gh(some have shown 20 I have not gotten that high yet but it's possible). So you can get 2x as much from running hot. I think that is still fair as it's a compac.
It would be easy for someone to game the system. But if we suspect anyone of doing it we can easily ask for picture of sticks. Hopefully no one will do it as it would ruin their rep. Also I am hoping this club is a long term thing. Chances of hitting a block are slim so hopefully we get to know everyone within the club as I hope it turns into a social aspect.
That would be nice, we could have a sub thread with a list of users with proof picture, maybe, i guess its not important to think about it for now. The club could get pretty big if most users that get a stick decide to join, since i think the total amount of sticks will be 1000~? But i expect it to stay relatively small since i doubt that many user know or wish to keep track of this now instead of just do the lottery on their own with no one to answer to. I get the idea but in reality the more hash the better. Keep in mind the way its setup each user shares the bitcoin evenly. So the one person that has 8ghs would make the same as the ones that have more. Ah yes. In the previous post, we were talking about 1 stick = 1 share, hence me bringing up some kind of verification. I mentioned having a underclock S1 and pretending its 20 sticks. Would not be cool. I think it should be based on GH of stick miners. 1 stick = 1 share would not reward those who run theirs hot. If someone runs at 8 GH and other runs at 16 GH that should be worth more. Again it's just my 2 cent's. But after 30 day's have it be compacs and the GH you have out of them be your shares. Ultimately this is suppose to be fun group of compac users. As our chances are slim of hitting the block. We I think are doing it as a social project of sorts. |
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