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1  Bitcoin / Mining speculation / Re: Mining suggestions for a novice on: September 25, 2015, 11:10:12 PM
Wow, that's a lot, I'm now clearing out my basement so I know its going to be complicated. For one thing the flooring is earth grounded and I'm going to tile the area so that will keep it even cooler. Have one 18000btu solar AC but I am going to buy a 24000btu unit for the room I am building. The 18000 btu unit is a little oversized but that is a good thing. I am almost tempted to get a chiller unit from a refrigerated shipping container but I am a bit concerned about moisture as this unit is basically for a restaurant walkin chiller. The daytime temps here get as high as 37 Celsius or 98 F on the hottest days with 34 Celcius being the average but with the right combo of AC and fans I can keep a room at around 20 Celcius or 68F. But the shipping container until can go as low as 40F. The only downside to that is I will only be able to afford one and have no back up and it will basically be a walk in fridge.
2  Bitcoin / Mining speculation / Re: Mining suggestions for a novice on: September 25, 2015, 07:45:29 PM
Wow, that is a lot, basically your saying that your mining setup is equivalent to half of your household amperage....that is a lot of juice. From the looks of it I should budget for 200amps for my set up as I am going to use a conventional AC as a backup in case the solar conk out. It is also pretty frustrating that the antminers seem to never be in stock. One other concern I have is durability have you had any issues with your hardware?
3  Bitcoin / Mining speculation / Re: Mining suggestions for a novice on: September 25, 2015, 07:31:43 PM
The price on the S7's vs the hash rate of the S5 set up on their site is what I was using as a gauge tbh. Three s5+ miners putting out 7.7 TH vs one S7 at 4.5TH. The price difference I think is $600 so not too bad for the extra 3.2TH. I really want to start out with at minimum 20TH. How is the noise and heat factor off of your S5 btw?
4  Bitcoin / Mining speculation / Re: Mining suggestions for a novice on: September 25, 2015, 07:17:31 PM
Thanks man I appreciate it, I may have to do some extra electrical work just to be safe as I only have one 220 outlet going to the room I am setting up in, but it shouldn't be too much of a hassle.  I just saw that spondoolie has a 110TH beast now, would be nice if they were offering it to the public for sale. It's been pretty difficult finding a brand new miner period. Mostly used and I'm not too comfortable buying second hand or from alibaba (serious burn from past experience). Hopefully I can source the antminer S5+ that would be nice
5  Bitcoin / Mining speculation / Re: Mining suggestions for a novice on: September 25, 2015, 05:54:39 PM
Most businesses and homes here are set up to run both 110/120 220/240 so I am pretty much covered. If needed I can install 3 phase but that is a bit costly. The only reason I got interested in mining is the fact that power rates are so low and the supply in the major cities and towns are very consistent. In my area we only experience about an hour to two hours lost per month and this is usually pretty rare. Solar is a good option much later on for basically zero downtime as it is pretty much always sunny.
6  Bitcoin / Mining speculation / Re: Mining suggestions for a novice on: September 25, 2015, 04:19:45 PM
Thanks for the reply. With the initial setup I am looking it would be around 21TH on average. From there i will work my way up to the 84TH, slowly but surely. I was also looking for a good mining pool but it seems as though the slush pool is a pretty good place to start. I am still trying to fully understand the different payout systems though them seem kind of complicated. What in your opinion is the best mining pool?

Cheers
7  Bitcoin / Mining speculation / Mining suggestions for a novice on: September 25, 2015, 02:19:15 PM
Hey all, I'm new to the forum and the mining community, I have been thinking of starting a small scale mining set up for some time now and would appreciate any advice from you senior vets. Electricity rates in my country are at .03 cents per Kw and I was thinking of investing in 3 antminer s5+ batch 1's. Cooling is one of my concerns but I have some systems in place to help mitigate that issue, solar A/C's ect. My goal is to get up to 84 TH with investments in due course and possibly go partially or full solar. Does this make any sense? Or should I just wait for a better opportunity. I look forward to your feedback

Cheers!
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