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are there any projects that run BTC mining on Raspberry PI zero with solar power? I'm wondering if thats a worthy idea? to decentralise bitcoin mining, one of the biggest barrier is electricity cost, but if we can have a small device that can run with solar power, effectively this can make the bitcoin network stronger. Its not about profitability but strenthening bitcoin network
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I have S9i with a Chinese psu 2300 watts? during night my voltage surges to 265v and I turn off miner at mid night and turn it back on in the morning when voltage is normal but for some reason it takes long for psu to start back and sometime I keep it switched on for few hours and ultimately miner will start running.. is this is a known thing?? I?m getting a voltage stabiliser soon with output range of 200v-240v, hopefully that you solve this for good
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One more followup on this issue, I am using a PSU which is 2300 watts but S9i consumes only 1320 watts, will that be a problem? do i need to change the psu with a smaller one?
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thanks a lot that helps.. i have been moving the s9 from 1 place to another in my apprtment until if figure out a fix place and i guess one of the days i had the window open and it was quite windy i am wondering if the force of the wind might have moved the connectors .. i have now sent it for repair
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was getting smoky smell from my S9i, switched it off and checked it closely and spotted the PSU connector was melting... though it was mainly 1 connect that was melting, i am unable to remove most they are not coming out.. anyone faced this type of issue?  |
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Thanks I used simple formula to get the daily reward https://moneyqanda.com/bitcoin-mining-profitability/All in all, what i feel is miners are very costly right now and it makes sense to buy BTC instead of investing a miner as in all likelihood you'll not be able to recover the ROI in BTC, you might very well recover you ROI in USD but if the risk associated is same in both options you could just buy bitcoins and sit back and relax  |
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I did not redo your calculations so i cannot comment to these exact numbers (you didn't post your exact calculations, so there's no way to verify), but the general idear behind your post might be more or less correct, eventough those 0.041 BTC sound very low to me. In 2018, was this ASIC the price/quality best asic around, or were you looking for the cheapest device? Cause, normally, @7 cents/Kwh, i always believed you should have recuperated your investment if you picked the right asic from the right vendor at the right time and you had an average amount of luck. But once again: it's not impossible that your numbers are correct... You just posted the end result of your calculation, but not the steps and reasoning in between.
I've read, and discussed with, several people claiming it's a good idea to keep mining at a loss because bitcoin's value generally rises over the years... My opinion is that you are correct: you should turn off your equipment if mining at a loss... There is no good reason behind mining at a loss to begin with... Just turn off your equipment and buy BTC from an exchange with the money you would have spent on electricity for as long as it takes untill mining becomes profitable again. You'll end up with more BTC in your wallet this way than if you'd had continued mining.
And that's exactly the answer to your last point: yup, you would be in the profit $600+, but if you'd invested the money for buying your ASIC and the money you'd invested into electricity into buying BTC directly, what would the end result have been?
Here's the detailed calculation i've done for S9, S17 and S19 Pro 110 https://docs.google.com/spreadsheets/d/e/2PACX-1vRHvpRQHtRPXLy9jQcp4lQnIyknfbU4K0I5Tli8eLYzvscYkduXz_QlqepEEccK0pDX4lVtTRCOhbwO/pub?output=xlsxFor all miners I have taken the price from the first listing on the Telegram Hardware market place https://t.me/Hardwaremarketchannel |
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Would be glad to be proved wrong but unless you can recover your investment in short span of time you may never earn back the amount of bitcoins you could have bought with the initial investment in the miner…
Eg S9 was available for usd 195 (0.058 btc) in December 2018… from that date to till date if you had mined bitcoin for everyday when it was profitable and shut it down when it wasn’t profitable to mine you would only have earned back 0.041 btc @ 7 cents kWh.
Btw in USD terms you would in profit of 600+
I used historical btc data from coin metrics.io and miner price from kaboomracks market place on telegram
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do you have a company website?? also are you only looking for full time employees? are you willing to engage with Bitcoiners who may not be looking for direct employment but can work with your company as partners?
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Hi,
sorry if this has been already answered, but where are we going to receive the aeternity coin after ico, do we need to download a wallet or something ?
Thanks
I have got the same question, is that one will have to use the private key to claim the AE tokens? After phase 2 of the ICO ends coins will be distributed by the use of an ethereum contract (temporarily) until the main net is launched. A swap from the ethereum based token to AE coins will occur when the mainnet is launched. I think it'll just be an ETH token for transferring, exchanging until the main net is launched so we won't have to wait till the main net to trade. I contributed in BTC and there was no place to enter the ETHER address to received tokens, |
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Hi,
sorry if this has been already answered, but where are we going to receive the aeternity coin after ico, do we need to download a wallet or something ?
Thanks
I have got the same question, is that one will have to use the private key to claim the AE tokens? |
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I had withdrawn my token to my ether wallet and today i was trying to deposit it to bittrex, however my transaction went through fine (paid for the gas) and it shows completed but the HMQ tokens are still not deposited to bittrex
am i doing something wrong?
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