As a general rule never EVER EVER EVER buy crypto related things on amazon. The prices are outrageous there, its mostly people trying to capitalize on ignorance. I found one on ebay for half that price in about 20 seconds of looking.

See people spit out this same old crap about getting into it. Just because you are a solo user with no access to capital or skilled labor, does NOT mean its impossible. Just that its impossible from your tiny world view.

Heres a little secret: Since the beginning, to make a profit you have to expand your operation. You either expand or die, thats never changed. What changed is the mindset of people who entered the game during the crazy price run of 2017 and expected the outrageous profits to continue forever.

I cant speak for anyone else but there are some serious challenges when trying to build something like this in a country you are not from. You dont understand laws, customs, or anything of that nature where you are going. You dont speak the language so a proper labor force and contact with contractors can be a pain. Trusting your multi million dollar facility in the hands of locals is a scary proposition, and living down there or spending massive amounts of time down to secure the facility would be pretty terrible considering the distances involved. There are obviously a number of other socioeconomic issues to deal with as well.

For example id shy away from ANY and ALL soviet bloc countries such as Uzbekistan based on the current political climate and the issues we have in the US with Russia right now. I would also stay away from South America as a general rule because of the massive amounts of corruption, struggle, and strife South America seems to constantly have. The US border crisis is in no small part due to the mass exodus of people in South America trying to come up this way through Mexico.

It is probably cheaper and quicker to replace it considering how long you will go without hashing while you try and figure it out.

Hello.

Good luck with your project! I would recommend you post it in the forum marketplace under Service Announcements as you will get more eyes on it that way.

They were a fly by night con job in the end. All this talk about bringing power back to the mines hands and all this other garbage about how they were going to be the better choice for equipment.

The reality is, they did nothing more than sell a rebranded innosilicon designed miner.


TLDR their business practices were incredibly shady from the get go, despite MANY of us repeatedly calling them out over it people somehow still decided to buy from them. You should not be surprised about a lack of quality when it comes to their single product they made before folding.

Drink less hatorade and do a bit of research and you will find that bitmains quality and reliability are on par (if not better) with anyone else on the market other than Canaan. Since Canaan usually prices themselves out of the market, bitmain still provides the most efficient gear and the best prices.

Well thats a bit of a surprise, thats a massive leap in efficiency. I am looking forward to seeing that chip in action.

As a community we have to police ourselves and when someone is asking outrageous prices we have a duty to protect someone that may not know you are asking outrageous prices.

You trumpet that these rigs were built by specific people as that has some kind of meaning? One is a youtuber addicted to click bait titles and only giving portions of the facts on the things he talks about, the other is someone who closed up shop and disappeared in a scammy way. How does that add value to what you are trying to sell?

You may be unhappy but people have a right to call stuff like this out. You are asking literally double what the rigs are worth, and you have to know that. So why are you so upset on being called out on it?

You are so far off base its laughable when it comes to me. I have been doing this as a career for years and I run one of the largest mines in North America, and would venture to say I have more mining experience than any 50 people you would like to gather combined. You picked the wrong person to try an call out, I will clown on you until you give up if that is how you want to play it.

I am saying this because what you are attempting is extremely stupid and potentially dangerous. You came here for advice, we give you advice you dont like, so you argue and attack the people that are trying to save you from your own ignorance.

I was an early miner too, that does not make you better than anyone. As a matter of fact, most early miners I know are intelligent enough to understand what we are trying to tell you. If you just want a miner so you can feel like "part of the club" go get a USB stick miner from sidehack. You can run it on a computer, which will help you feel more comfortable since that is where you are so proud of starting from. Plus it has the bonus of reducing the chance of you burning your place down to basically nothing.

Or if your confidence in the coin is that strong, buy the amount of bitcoin it would cost you to buy the miner, then buy the $100 in coin the first month, $90 in the second, $80 in the third. That way you are mirroring the profitability of the miner without any of the hassle. Then there are no noise issues, no safety issues, and you can stop making a fool of yourself on the internet.

You are quite welcome for the ideas, good luck with them.

So let me get this straight.....

chipless steals code, and by proxy money directly from fudds pockets for something he has earned by putting the work in

then gets indignant when called out about it

and is now threatening things like an angry teenager on an internet rampage


Chipless...you do realize you are 100% in the wrong? Wait why am I asking, you know you are or you wouldnt have removed the link...

You have lost this battle so badly you have nothing left to hang on to other than some empty threats, if I was you I would be so embarrassed I would never post again.

No not really. Your only option would be to put increasingly large loads on it until you pop the breaker, then you will have a basic idea.

Is spending a bunch of money sound proofing a machine and giving up your stove to make like $100 in a year really worth it?

I just dont follow the logic behind this at all. One miner stands no chance of making you more than some pocket change over the course of the year when you calculate paying it back and the cost of all the other stuff you have to do to quiet it. My brain hurts trying to imagine a scenario where this makes any sense at all....

Unfortunately you seem to be one of the only people in this industry I have ever met producing hardware for the individual and not trying to get rich off of them.

I am pretty surprised this thread has gone on this long since my scam sense went off the moment i saw the first video posted.

There are plenty of calculators out there to answer your questions

The answer is, these LOUD INDUSTRIAL MINERS are not meant to be run in a home let alone an apartment.

This is just a terrible idea all the way around

So have you tried both forms of factory reset?

Not to be too blunt here but opening your miners to the internet like that is the single dumbest thing you could ever do.

This is because the firmware on those devices, the versions of the programs it runs, etc are all well known and do not change with 'firmware updates'

So its really easy to find an exploit for anything it is running as they do not and cannot update.

You need to have a VPN of some sort protecting you if you want to access them on the internet.

This can be done with a raspberry pi very cheaply

Here is the software I would recommend for a beginner doing this: http://www.pivpn.io/

You better have an extended warranty, because if you cant afford an ASIC you cant afford to replace that laptop after you kill it mining a few pennies

People have been reposting this graphic forever now but the data is sorely out of date. Also considering all of the different power options its really completely useless data.

Please be very careful and think twice before deciding to use repaired low end tech.

I have been doing this for longer than most and have had just about everything blow up in my face

so I implore you to use caution