 Show Posts
|
|
Pages: [1] 2 »
|
Braiins OS+ does amazing things for an s9. The s9 controller is the same as an R4. So I installed the braiins os+ and it does a good job improving efficiency for r4 too.
Awesome thanks, I'll check it out. Is it fairy simple to install? I have pretty much zero knowlege of ASIC miners after coming from GPU mining. |
|
|
|
Hello, Just seeing if anyone is still runnings their R4 and should I update anything or just keep things the way they are seen as it is still working? Would be nice if I could increase the efficiency even if it means a lower hashrate.  Miner Type Antminer R4 Hostname antMiner Model GNU/Linux Hardware Version 30.0.1.3 Kernel Version Linux 3.14.0-xilinx-gb190cb0-dirty #57 SMP PREEMPT Fri Dec 9 14:49:22 CST 2016 File System Version Sat Apr 29 20:06:48 EDT 2017 BMminer Version 2.0.0 |
|
|
|
I just received a second hand bitmain R4, getting a good hashrate but it's quite loud for an R4 (around 65-70 dB while it's supposed to be 52dB). I've taken it apart removing the fan and when turning it manually i can hear a sort of crunching sound which i'm guessing is metal in the bearings. Only problem is now i'm not sure how to take the fan bearing cover off without breaking it. Has anyone had experience in repairing these or ideas to make it quieter?  |
|
|
|
how much would I get per month for holding 1000 IRM ?
Approx $2.88 worth of ETH per month. This depends a lot on the current price of BTC though. At the moment 50% of investor profit share is going to reinvestment which will possibly last for another 2 months. After that the reinvest will go down to 20% (so more profit). |
|
|
|
Can you describe or make a video of how to transfer tokens from hotbit to my ETH wallet?
First find you ETH address and copy that Then go to HOTBIT, click on Fund (at the top) -> then click Deposits and Withdrawals -> select token rock2 -> Click withdrawals -> Click + Add -> paste your ETH address in then select it in the drop down and you should be good to transfer however many you want. |
|
|
|
|
@Dias have you tried reaching out to any of the other big mining companies that had S9s? Most of them are dumping the old ASICs as they are no longer profitable with electricity above 5c/KW
|
|
|
|
you have ZERO happy investors.
I'm happy ¯\_(ツ)_/¯ Not saying this isn't a risky investment... I bought in at around $0.25/token and tempted to sell now, however as more ASIC are added the token price is more likely to go up than down. |
|
|
|
Anyone else having issues with withdrawing from the exchange? Been waiting over a week for the withdrawal and nothing  Sent in a support ticket and no response for a week. Will update if this gets resolved. |
|
|
|
Can we get an estimated growth curve on our gains from this? Like dates of when we should expect expansion of the miner banks and what we can except per 1000 coins at each payout for the next few years out. The site still have a calculator the is massively off of reality.
I made a more up to date calculator https://docs.google.com/spreadsheets/d/1sK-JYICeL34HnVKGDic1l6Meeu3ombLwRrh-ro3l038/edit#gid=0It's probably better to think of the token profit more as a dividend share than ROI as the tokens still retain value after profit is made. If the company is successful over the next few years you are likely to make more profit off the token price going up than from the dividends paid out. |
|
|
|
So around $0.00131 or $1.31 per 1000 tokens. Sounds about right, a little higher than my calculator. For the first payment of miners running for 22 days it should be around $0.00116 per token or $1.16 per 1000 tokens
|
|
|
|
Seems like a lot of work for a few bucks, but we will give it a try. Thank you fishdogduck No worries, can you tell me the ETH per token you received? I sold all my Rock2 when it hit 0.003 ETH. Might buy some back if the token price goes down enough |
|
|
|
There seems to be a pretty big lack of critical thought here. You people are forgetting a few things:
1. The payout was based on less than 3 weeks of mining, and only 500 miners. That's 10% of the total equipment budget. Based on that, the payout we got was actually much higher than I anticipated. When all the miners have been purchased, the payout should go up 5-10x, and if BTC goes up, it's looking even better. Try to find anything else on the market that will get you that kind of return on an investment. Go invest your money in US treasuries and get a 3% return if you're so concerned.
2. BTC is way down from the day the original calculator was put on the site. That was based on BTC being at $13,500. Obviously those numbers are no longer accurate. The fact that BTC went down and not up doesn't automatically make IRM a scam
3. Rock2pay is actually a good idea. For people with very few ROCK2 tokens, this makes more sense than sending tiny payments that wouldn't even go through due to the transaction fee. It literally takes 2 minutes to transfer these to ETH, why are people so up in arms about this? If you're worried about your funds being being held as an IRM asset, then go convert it to ETH! If taking 2 minutes to transfer to ETH is too much time once per month, then you should probably sell your ROCK2 tokens.
4. IRM is a long-term hold. If you were expecting to make your entire investment back in the first couple months, then you're an idiot. As long as BTC goes up, I think IRM is going to give a great return over the next couple years.
I'm glad the price of ROCK2 is taking right now because I am going to pick up some more cheap tokens!
What was the profit per token? |
|
|
|
i read an articel at bitcoin.com about a new miner from Pangolin and the miner is called Whatsminer M10. i dont know if the group has already spoken about this machine but i just wanted to let this little information here. maybe its interesting for future investments. if it is allowed i would share the link.
Whatsminer M10 actually looks like quite a decent miner, the only more efficient BTC miners out there are the ASICminer 8 Nano Pro/Compact (which is horribly overpriced). Still waiting to see what the Antminer S11 specs will be though. Bitmain Antminer S9j = 0.0107 Th/s per Watt Pangolin Whatsminer M10 = 0.0154 Th/s per Watt ASICminer 8 Nano Pro = 0.0190 Th/s per Watt |
|
|
|
|
Welcome back Dias. After the additional 1500 Antminer are bought will there still be money from the ICO to buy more miners?
|
|
|
|
Just did some calculations to find out the profit per token for a month of running. Let me know if anything is wrong or needs changing. Total ASIC S9 purchased: 500 Revenue per day (from what to mine https://whattomine.com/asic ): $4 Total revenue per month with 500 Asic S9: 500*30.5*4 = $61,000 Tokens total: 15,724,272 ROCK2 Token holder profit share: 50% Profit per token = (0.5*61,000)/15,724,272 = $0.0019 per monthReturn on investment for paying $1 per token = 43.8 years (assuming the difficulty doesn't change) This has been calculated with today's bitcoin price and difficulty, a change in that will affect the results. An additional assumption is that the electricity cost will be covered by the 20% allocation on expenses and they keep the 50% revenue going to token holders. At the moment only a small % of the token sales have been sold so there is more funding to spend on additional ASIC/miners. Does anyone know how much was spent on purchasing the 500 S9s? |
|
|
|
On the white paper it shows 20% of income going to service and Electricity, it would be hard to have exactly 20% on expenses. What happens if there are more or less expenses than that? Where will the money come from/go? I feel like the 20% reinvest might be a bit low also, as you have to compete with the 10% to 15% increase in difficulty each month. If the difficulty starts catching up with the money put in things can go downhill quickly. Would be better to have something like Income - services = profit Then profit share: 50% ROCK2 owners 40% reinvest 10% mining team Other than that it looks like a solid project  |
|
|
|
|
Thanks for the quick reply.
Looking forward to seeing how to GPU miner turns out also.
|
|
|
|
|
)
