Hello guru's!

I'm new to mining but I have been introduced to bitcoin a long time now. Now, me and my buddies agreed to pool our funds then start mining. We are willing to invest probably around $15,000 ++. Initially, I was looking at Cointerra 1.6th/s but stumbled upon the Knc neptune miner but it seems Knc has issues. Finally, I saw the Spoondoolies sp30 rated at 6TH/S at around 2500watts.  I'm open to suggestions if any...I'm just new so please bear with me.


To get us started would it be worth it to invest in 3 SP30's? We already have an existing location we could use. Our electricity rate here is around 0.126 US $ , and we use 220v current. Would there be an issue if we draw power straight from the wall? What else do I need to get us started? Do I need avr's? high speed internet? Are the SP30's standalone rigs? Do I need a constant laptop connected? What laptops could you recommend? Server racks? 

Since this will be shared mining how do we settle splitting the mined coins fairly? there are 3 of us. Also, I have $5000 to spare on top of that so I was thinking of getting another sp30 to be setup at home or should I just include in our setup that'll make it a total of 4 units. But How do we go about splitting coins and expenses?

Please let me know your thoughts regarding this. Again, I do apologize for my lack of knowledge since I'm fairly new to mining.
I'm open to suggestions.Thanks everyone!

Hello guru's!

I'm new to mining but I have been introduced to bitcoin a long time now. Now, me and my buddies agreed to pool our funds then start mining. We are willing to invest probably around $15,000 ++. Initially, I was looking at Cointerra 1.6th/s but stumbled upon the Knc neptune miner but it seems Knc has issues. Finally, I saw the Spoondoolies sp30 rated at 6TH/S at around 2500watts.  I'm open to suggestions if any...I'm just new so please bear with me.


To get us started would it be worth it to invest in 3 SP30's? We already have an existing location we could use. Our electricity rate here is around 0.126 US $ , and we use 220v current. Would there be an issue if we draw power straight from the wall? What else do I need to get us started? Do I need avr's? high speed internet? Are the SP30's standalone rigs? Do I need a constant laptop connected? What laptops could you recommend? Server racks? 

Since this will be shared mining how do we settle splitting the mined coins fairly? there are 3 of us. Also, I have $5000 to spare on top of that so I was thinking of getting another sp30 to be setup at home or should I just include in our setup that'll make it a total of 4 units. But How do we go about splitting coins and expenses?

Please let me know your thoughts regarding this. Again, I do apologize for my lack of knowledge since I'm fairly new to mining.
I'm open to suggestions.Thanks everyone!

Hello guru's!

I'm new to mining but I have been introduced to bitcoin a long time now. Now, me and my buddies agreed to pool our funds then start mining. We are willing to invest probably around $15,000 ++. Initially, I was looking at Cointerra 1.6th/s but stumbled upon the Knc neptune miner but it seems Knc has issues. Finally, I saw the Spoondoolies sp30 rated at 6TH/S at around 2500watts.  I'm open to suggestions if any...I'm just new so please bear with me.


To get us started would it be worth it to invest in 3 SP30's? We already have an existing location we could use. Our electricity rate here is around 0.126 US $ , and we use 220v current. Would there be an issue if we draw power straight from the wall? What else do I need to get us started? Do I need avr's? high speed internet? Are the SP30's standalone rigs? Do I need a constant laptop connected? What laptops could you recommend? Server racks? 

Since this will be shared mining how do we settle splitting the mined coins fairly? there are 3 of us. Also, I have $5000 to spare on top of that so I was thinking of getting another sp30 to be setup at home or should I just include in our setup that'll make it a total of 4 units. But How do we go about splitting coins and expenses?

Please let me know your thoughts regarding this. Again, I do apologize for my lack of knowledge since I'm fairly new to mining.
I'm open to suggestions.Thanks everyone!

Im just new to bitcoins and from what i've experienced so far it's harder to liquidate them than to acquire through purchase. I've been constantly finding ways or looking for legit buyers/traders, but no luck so far.  As much as possible i try to stay away from Paypal since i'm afraid to get my account frozen and some of the scamming i read. I'm from SE Asia so chances are slimmer no Dwolla,Ukash or such.

I'd like to know what are the most safest route to selling BTC? Also i've read about #otc can anyone atleast list legit buyers from there? Im also new to using irc so it's quite hard for me to understand how otc works and  the commands needed to go around there. It's not like a normal forum which im used to. Or are there any sites you know that would purchase BTC? i've looked into fastcash4btc but i don't have dwolla,a US account, or a PP verified "US address" . Could anyone walk me through? i need to liquidate for now.

Hello

I was just wondering what are the other use for bitcoins? aside from cashing them out. Is there an online store or ways you can spend your btc? posting links would be helpful. I know bitmit and memorydealers accept btc.