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1  Bitcoin / Mining speculation / Re: My Plan on: October 16, 2018, 12:42:44 AM
Hosting could be an option but it has a lot of hidden costs and issues.
For me if I could have a nice generator with free fuel I think I would mine before I host.
Or cut a deal with one guy looking to dump his miners.

Let’s say he gets a good 50kwatt generator. And one guy brings him 30 s9is.

The deal they do is 50-50 on the coins mined.

His cost is the 50kwatt generator. He gets the coins from 15 machines.

The s9i guy gets free power for 30 machines and keeps coins from 15 machines.

This could work for op.

The gear will always earn money.

My concern is the risk involved. There is effectively no way to test the health of a natural gas well. The pressure and line size can only give you a rough idea. What if I commit to hosting a bunch of miners and a month or two later the well stops producing? What if a generator fails and leads to downtime? What if a weather or other event causes peoples equipment to get destroyed or stolen? There is a lot of liability and risk involved that I do not feel comfortable with offloading to others, with nothing short of hiring a lawyer to draft a contract.
2  Bitcoin / Mining speculation / Re: My Plan on: October 14, 2018, 12:43:48 AM
So with all the release of the new 7 nm miners, anyone else think the price of existing miners on the market plummet? Considering buying cheap miners since the power cost is irrelevant and I can ROI faster on a $280 T9+, hoping they may drop even lower. The building preparations have been made and I am in the process of finalizing my generator selection
3  Bitcoin / Mining support / Re: Avalon Network Parameters on: September 22, 2018, 06:27:18 PM
It ended up being the firmware version, issue resolved.

Thank you guys
4  Bitcoin / Mining support / Re: Avalon Network Parameters on: September 19, 2018, 09:59:50 PM
You can use windows ICS to share internet through the ethernet port from the wireless adapter, ive done it many times

This seemed to work, thank you. However, I am still not hashing and not sure why.

Log:
https://pastebin.com/D60yumv5
5  Bitcoin / Mining support / Avalon Network Parameters on: September 19, 2018, 01:44:27 AM
I want my Avalon 841s to connect to the controller, to a PC, then this PC wirelessly connect em to a router. What settings need to be established between the controller, pc, and router to allow this?
-I'm able to static connect to the controller from Host pc
-I'm able to put it in DHCP and plug it directly into the router to make it work (connect to web portal from PC)
-I tried setting the static IP to one on the range of the router (192.168.1.xxx)
6  Bitcoin / Mining speculation / Re: My Plan on: September 10, 2018, 09:27:09 PM
Pipe dream...with no chance

Can you elaborate why? That is why I am having this discussion, to iron out and potential kinks. I am an electrical engineer by trade so I posses the necessary skills to wire the generator it is simply a matter of sourcing one. This is the only part that would be difficult in my opinion, the rest is just plugging in your miners like any other set up

Are you in the US? What were you thinking on spending on asics specifically or what unit count where you thinking? I would go with canaan, we can broker a deal pretty easily save some more money. If you're set on T9+ can do that or step up to the T2 or even the s9i/j. Lot's of options lots routes to take and now is time to buy gear.

Edit: now is time to buy gear if you really set on mining.

After hearing what some users suggested here I am considering the Avalons, having the Blockforge distribution is definitely better than dealing with large customs fees and long ship times.
7  Bitcoin / Mining speculation / Re: My Plan on: September 09, 2018, 08:23:23 PM
and if your using generators to power sensitive equipment like computers (avalons) you need AVR's in the mix, however im did sinbensol on a panel backfeed from some petro honda 6500watter and my caputers dint blow up so...

I was planning on using a power conditioner, they are pretty affordable and will do the job nicely
8  Bitcoin / Mining speculation / Re: My Plan on: September 09, 2018, 08:08:08 PM
First, you should move this to mining speculation as your requesting opinions. You can move the topic using the button by scrolling down to the bottom left.

I'm wondering what you mean about a source of free unlimited Natural Gas, to power the generator. Someone must be paying for it, but that's for you to handle. Just make sure that if there is a chance you will be footing the bill on this that you are prepared.

As far as machines go, you should still consider going with a more efficient model. This will allow you to put more machines online, thus increasing your mined BTC. I like the 841's - they are efficient, reliable, and are backed by a 2 year warranty. Being from the US, you can order from Blokforge.

The property 8 hours away - Is it secure and out of the way? Can you get a reliable internet source there?

It is off the beaten path, but has internet service available. As far as security goes, I have a trusted relative living in a home on the property who is going to assist with maintaining the generator as that fits his background. He can also preform other basic functions like mailing parts off for warranty or etc as needed. I plan to do all the diagnostics via accessing a remote desktop setup in the mining room. The gas is entirely free, the well has been dug for decades and mineral rights are owned by me. A few miles away is a similar property owned by a relative and she sells her gas line to a gas company that pays her $2k-$3k a month for what they pull out of it. That has been happening for decades.
9  Bitcoin / Mining speculation / Re: My Plan on: September 09, 2018, 07:31:50 PM
Yeah if you have generators that would be great, I have been having trouble finding anything that isn't a standby generator. Is the longevity of the T9's not very good, is that why you suggest the Avalons?
10  Bitcoin / Mining speculation / My Plan on: September 09, 2018, 06:33:20 PM
I have developed a plan for starting my first mining operation, and I would like to see if anyone has done anything similar or has any advice or pitfall warnings for me. I own a piece of property located 8 hours away from where I currently live and work. This property has infinite access to free natural gas. It also has access to falling cool mountain water that can either be used in a coolant system or as an alternative power source.

My plan is to build a small shed structure for the mining rigs and purchase a prime power natural gas generator to power the entire assembly. Prices of these generators vary (I cannot find a reliable source of prime power industrial generators, most all I can find are Standby generators which I do not feel will last) as I check eBay but I figure that I can get one in good shape for $2000-$4000 that puts out 30-65 kW.

I then plan to fill the building with X amount of Bitmain T9+'s based off of whatever generator I end up selecting. Reason being, with free power these are much more profitable in the short term due to their extremely low purchase price ($280) and can pay off their own cost and generator cost in 6-8 months.

All in all, for the cost of the generator, power conditioner, building, T9s, cabling and other extremities, and cooling system, I expend to spend about $15k.

Please let me know what you think and if you have any criticisms or suggestions

Thank you
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