Having a wallet, like Multibit HD automatically save an encrypted copy of your wallet to a cloud is actually good security, since you have very high redundancy and you also have your words to recover your wallet. (Recommended by the devs)

And of course, your wallet is completely uncrackable, as long as bitcoin itself remain so.

The problem here is the way the previous user recommend doing it. That would be a very bad way to do it.

I'd recommend something smaller for solo mining, since there is not a big difference in odds of mining with a small stick (10GH/s) that consume 2 watts versus 900GH/s that consume 750~ watts, but the later's cost will add up fairly quickly.

I'd recommend a Sidehack stick for little ongoing costs. An undervolted S1 for low initial costs @ 90-140GH/s @ 80-160Watts and THEN a single S3.

All the same. If a "private pool" suddenly pop up with 10% of the network hash, then we know. From there we can probably figure where the mine is in the world.

Considering the unknown block % is under 1%, this is not the case;
https://blockchain.info/pools

And thus by simply comparing which pool has the hashrate now vs 1 month ago, we can instantly know where the hashrate went. Although its hard to tell where it came from.

I'm not sure how much you're getting for your extra electricity you're selling back, but i'm thinking with the average cost in the EU zone of electricity, its very probable that selling your excess electricity will be more profitable than running old BTC hardware.

So just keep that in mind, depending on what your goal is.

300 watts at the wall means 260 watts or so with .8 efficiency. Thats should be okay. under 200watts is probably better because you want the wires to stay cold, but the limit is anywhere from 200watts to 290watts. Some can even do a bit more. (Or less if they are really crap)

But this is an answer you will find yourself, you simply plug it in and check if the connectors get hot. If they do, they're bad.

So i'm looking into getting a tiny bit more from my rigs and maybe more stable payouts.

So i'm wondering should i make a rig for each miner, or do people prefer if i bundle up several S5? Is there a sweet spot of TH/s per rig?

Any recommendation to make the most of renting out these? Thanks.

I have not used GHash.io for a long time, i am trying again because i was told ASIC Tubes don't act up when pointed to this pool.

I can't find a auto payout feature, i'm just worried i could have a old BTC address already set that i no longer control.

Is there just not one?
If there is, where is the auto payout option? Thanks.

We've "tracked" the S7 being bought by guessing based on how much BTC was sent to Bitmain. At worse its only a portion of the hashrate. There's other factors, other companies onlining a whole lot of hashrate. The next thing we could do to get a better idea is look at which pool got the hashrate gain. BitcoinCZ only went up 4PH/s in the last month.

I would check the voltage at the Miner's PCI-e plug. Some S3's are simply icky, they dont clock well, but either way, the reason why you can not bring it to 500 is its not getting the voltage it wants.

Some are better than other as in they can go higher with the same stock voltage. But some PSU's voltage output drop under load, which worsen the condition.

(btw) Also yes, variance is normal.

I can give you a great advice; Don't buy from stores. (Most retailers have bad to insane markup) You can look at Ebay, sometimes you *can* get lucky and find a miner for cheap.

If you have free solar power you're not using or selling back to your power grid, then you could look at a S3, i think that would be the best bet with your budget and not a bad miner at all to get started.

Just keep in mind if you step up to S4, S5 or S7 etc, the noise will go from x8 to x32+

You might be able to get 2 S3 if you're lucky. Getting a S5 would be hard. S3's go for 100-120USD right now.

Better than anything else is probably going to the marketplace and try to find a buy here. And use escrow.
https://bitcointalk.org/index.php?board=75.0

So basically, a Smart strategy;

Step one is "Wait 1-2 Months for difficulty to stabilize". Step two is "Buy the S7's Americans and CIE when they panic sell because they can no longer ROI before halving. At half price, of course."

Just give them the oven example. When the oven door is closed, the heat go way up and it cook your food. That is identical to what would happen to your miners, they would cook. I'm meeting a lot of people, even IRL that want to get into mining and thats what they usually say;

"Just put it in the storage room." (That has no window or air flow)

Last one yesterday, chained with "I'll just put an AC there" which would just generate more heat since he did not have a way to dump the heat outside. He was going to leave the exhaust in the storage room as well.

Not sure what you're talking about. The BTC price is so high right now, even old hardware like S1 is being profitable again, even in the US with their High electricity cost.

I recommend you redo your math. Right now, it is crazy lucrative to mine.

What you're asking can't happen for so many reason, but i'll name one reason; Because its working just fine.

Ahhh. Did you turn on the PSU's? The pin #4 (green wire) need to be jumped to a ground to tell the PSU to turn on, the same way the PSU turn on when you press the power button on a PC.

http://www.instructables.com/id/How-to-power-up-an-ATX-Power-Supply-without-a-PC/

I have been running them on BitcoinCZ, running them on Nicehash was a no go. And with the SHA256 being paid lower than standard there anyways...

So i will try GHash.io if they start acting up again. They have been running fine since i decided to go with GHash.io if they act again. They can be fine for 1-3 days (so far) so its going to be hard to tell if using that pool would really fix it.

Meanwhile i'd still trade them down hashrate wise for better efficiency because i've capped my Amp limit on my circuit. Cheers!

I would just go for a HD Wallet and store the words safely. That way its much safer since you can recover every address you ever make after that, instead of the pre-gen'd limit in normal wallets.


Not as much, but if you run it with the proper AES encryption, it should be strong enough. Just make sure you don't mistake common passworded archive with encrypted.

Price of S7 is now 3.1BTC, might be something worth taking into consideration here? The miner values are dropping like rocks, with the difficulty skyrocketing.

That price sound more reasonable, still would not be a sufficient enough decrease, if the difficulty keep climbing like this.

Also i don't suppose having a buck converter would mean working software side volt control?

Cloud hosting services that are legit? Probably GHash.io and Bit-x? And definitively legit, Hashnest.

The problem is the fee structure is made so that they will earn money off people who buy the Hashrate. The fee is generally around 8-10cents per kWh and that take out all the juice out of the meat, so to speak. I'd mine/host at 0.06$/kWh or under.

Try without the splitter, 2 PCI-e per board and don't forget to power the controller with a PCI-e too. Just to see if it works. IF it works then plug all the 10 sockets.

Those splitters at the store i can see are extremely expensive (20$) and they're pretty icky considering they're 18AWG. You can get 16AWG on the forum for 3.5$ per splitter.