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3821  Bitcoin / Mining speculation / Re: Mining as a business?? on: May 09, 2017, 07:48:12 PM
At the moment, it is not a viable business opportunity, unless you have millions of dollars to start big.


 It's ENTIRELY practical to set it up as a profitable business on a LOT less than "millions" - just not HUGE scale, and you have to mind the costs a bit closer than the big-scale folks can get away with.

 $100k would be PLENTY to start up a small professional mining farm BUSINESS - I'm pretty sure I've got less than HALF that invested INCLUDING reinvestment of a lot of my mining income for the 4 years or so I mined "as a hobby".


 Cooling costs had better be a LOT less than 50% of your electric use - you can do mechanical air conditioning for less than that, and THAT makes costs quite a bit too high to be truely competative.
 If you're putting much more than 10% of your electric usage into cooling, you need to rethink your cooling setup.

 Don't count on getting a business loan though, Cryptocoin mining is a LOT too speculative for most banks to even think about dealing with.


 For a small farm, you don't NEED staff.

 Water usage should be very small, unless you are using evaporative cooling - then it's STILL pretty small.

 Idaho electric rates aren't all THAT low - for low electric rates in the USA, you're looking at 3 specific counties in Central Washington state.
 Idaho might be a good bit less than 11 cents/KWH in areas it's got hydropower access though - but it's certainly not in the 3 cent ballpark.




3822  Bitcoin / Mining speculation / Re: What do I get? on: May 09, 2017, 07:38:29 PM

They must have access to cheap Chinese or Malaysian production lines, the same lines that assemble fake electronics like Iphones and stuff. They can make anything you want, you just have to provide the schematics and the cost is very low, so i'd say a lot of the price goes for the designer of the new chip and a PCB it's put on.

 Well gee, Bitmain IS a Chinese company....

 I suspect the largest part of the cost of the first few batches of the S9 was the design and implimentation cost of the chip, since then I'm quite sure that the costs have dropped quite a bit (more so than the sales price) and Bitmain has been raking in lots of money to put towards their own mining farm *AND* eventual design of a "next generation chip".

3823  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining hashrates on: May 09, 2017, 07:36:27 PM
Dash hasn't been CPU mineable for a profit for YEARS now - it went GPU 3 years or so back, then ASIC last year.

 Monero might be mineable at a profit though, it's proven to be pretty CPU friendly - but you might want to make a point of getting a current-generation or at least "on the current process node" CPU if you want to be able to mine it profitably for more than a very few months.

 Other CPU mineable coins I can't speak to.

3824  Bitcoin / Hardware / Re: [SCAM] Foxminers? on: May 09, 2017, 07:32:51 PM

Even if they did, there is still the problem of boutique chips being last in line for the Foundry production priorities. Just as is still the case with 16nm chips first come the folks who financed ALL of the research involved eg, Apple, AMD, Cisco, Broadcom, et al.

 For Global Foundrys, there is also the "by terms of contract" amount of their foundry capacity that IBM and AMD have first call on, dating back to when IBM and AMD spun off their foundry operations into what became Global Foundrys.
IBM and AMD have absolute first call on a certain amount of foundry capacity (they also have a REQUIREMENT to use a certain amount of capacity as a minimum) that GF can NOT avoid without incurring some rather large contractual penalties (I believe there is an "acts of god" provision in those contracts however).

3825  Bitcoin / Mining support / Re: Question for experienced "semi-large" scale bitcoin miners on: May 09, 2017, 07:07:39 PM

That's what I'm curious about because really the cost of a good cooler isn't too expensive when you're talking about spending tens of thousands on mining gear. I just think sucking in hot air from outside would be a bad idea, even if the air inside is warmer than the warm air outside. Makes more sense to me in my 650 sq ft warehouse scenario to use the fans at the garage door for exhaust and generate some sort of "intake" via a cooler in the back of the room with fans right in front of it pushing "cooler" air, creating what would be like a wind tunnel, then sucking the warmer air out of the front. I would rather have three of those fans up front exhausting 12,000 CFM of hot air rather than sucking 12,000 CFM of warm air inside. 12,000 CFM is around 500 square feet/minute, nearly the entire size of the entire 625 sq foot unit, every minute.... Hot air wouldn't have time to stick around for long if you had those fans exhausting that much air per minute, no?

 You are still sucking that 12000 CFM of air in from the outside from SOMEWHERE, or you get no airflow.

 Setting it up as INTAKE ventilation lets you have more control over what the input air is doing, and where it comes in at, and allows for the possibility of filtering it.

 I've never understood the preference for "exhaust" fans over "intake" fans except in certain very narrow circumstances which don't generally apply to mining.



 I suspect the air exhaust out of your miners, even if the intake air was at 80% RH, would be well under 40% and likely so low you can't measure it with a "common" humidity meter.

 I can't remember the last electronic device I've seen that wasn't specified to work at 80% RH - many go to 90%, and while they do tend to specify "non-condensing" that's NOT an issue with a miner that's inside a building.

3826  Alternate cryptocurrencies / Mining (Altcoins) / Re: Graphics card for beginner miner on: May 09, 2017, 07:00:46 PM
Vega won't be cheap - it's aimed to be AMD's new "HIGH END" card line, slotting in ABOVE the existing RX 580 at the Vega LOW end, and aiming for the 1080 Ti and the Titan X Pascal on the top end.

I'd guess you won't see Vega cards under $300 at all and likely $400+ range for all of them for the first year or so they exist.

 Keep in mind that VEGA is specifically AMD's "next generation upgrade to the Fury" line HBM memory and all.


Any good new recent info on the vega / links? Whats an eta on release?

 I believe AMD is still aiming for late 2'nd / sometime in 3'd quarter release on the first VEGA cards - but no new news on them for a while, so looking more like 3'd quarter sometime.

 It IS interesting that NVidia chose to reset the pricing on their high-end cards very recently though - part response to the release of the 1080 Ti I'm sure, but I also get the strong impression that they are doing a "preemptive strike" on pricing vs. Vega in the range it should land in.

3827  Alternate cryptocurrencies / Mining (Altcoins) / Re: Possibility to enable Dual Mine mode on Gridseed G-Blade on: May 09, 2017, 06:57:35 PM
The "case" setup on the Gridseed 80 blades was specifically designed to channel maximum airflow through the heatsink assembly - opening it up won't let them run without a fan unless you're running them at a VERY low clock setting, as they need the airflow over the power supply parts to keep THEM from frying.

 The limit isn't the GC 3355 mining chips on those units, and never was.

 I believe the fan you ordered is the SAME model I used as a Gridseed replacement fan, it's very very close if not and should prove to provide plenty of airflow.
 I'm also a long-standing fan of NMB fans on lower-flow needed setups, they were widely used in servers because they last a very long time with no maintainance.
 NMB doesn't (or at least they didn't used to) make super-high-flow fans like the high end Delta units and the rare Delta competition, so they're a bit less known to miners in general.


3828  Bitcoin / Mining speculation / Re: I want to make Bitcoin farm, need little advice ? on: May 09, 2017, 02:53:15 AM
24/7 operation or forget about making any significant income.

 12 hours a day, you are almost guarenteed you will never make back enough income to pay the cost of the miner before the miner becomes unprofitable.

3829  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining, AMD Drivers & OpenCL on: May 09, 2017, 02:50:00 AM
It's not about PCI lanes, the same X99 WS motherboard which runs 7x 1070 or 7x 1080 Ti's will not run 3 Duo's unless you use the newer AMD drivers which reduce the mining speed by half.


 Have you tried any of the newer versions OTHER THAN 16.12 series, which had KNOWN ISSUES on all cards in a mining setup with poor performance?

 There's a reason I specified the 16.10.x series (and the WHQL version in particular).


3830  Alternate cryptocurrencies / Mining (Altcoins) / Re: Possibility to enable Dual Mine mode on Gridseed G-Blade on: May 09, 2017, 02:47:29 AM
The chips are heat-sinked through the board into THAT heatsink - which is enough for running Scrypt on them.

Doesn't seem very efficient but maybe that board material is more thermally conductive than most. 

Probably the best thing to do is hope for retrofit boards if I want to do SHA then cob together some replacement heat sinks if I still want to use those boards for scrypt.  The number I was seeing of 10 Gh/s per board is in the ballpark of one of Gekko Science's 2pacs, not that great for a board with 40 chips.

I'm getting kind of burnt out on this mining thing, I just want everything running cool and quiet so I can forget about them for a month or so and let them run.  If I were in a position to want to heat with electricity this wouldn't be a bad game.

 The GC 3355 doesn't use a lot of power mining Scrypt, so it doesn't need a lot of cooling. 1 watt or a bit less per chip - the heat sinks on the "80 blade" units are actually severe overkill for the actual heat dissipation they have to handle.

 It *might* be possible to refit the heatsinks with Sidehack "pod" boards, but since he seems to be putting heatsinks on both sides of his "pod" board designs it seems unlikely a retrofit would work - might be doable if you tap new screwholes in the right place of the Gridseed heatsink assemblies, but kind of a waste.

 There is no such thing any more as a "cool and quiet" miner, it takes way too much computing ability to be able to compete which means quite a bit of power soaked and quite a bit of heat. I think the closest to a "quiet" miner that is currently competative is the Bitmain R4, but even that thing isn't particularly COOL.

3831  Alternate cryptocurrencies / Mining (Altcoins) / Re: Garage Mining on: May 09, 2017, 02:39:08 AM
Central Washington - and the evap works quite well, most months we only see 2-3 days it precipitates at all and I rarely see 40% humidity 5 feet from the OUTPUT of the evap.
 I'm thinking I might need to get a second one at some point once I move into the new place I should be relocating to in a month or two (better ventilation than where I'm at now AND twice the power availability).

 Semi-arid biome, bloody near a desert - I think we average 10-12 inches of rain/equivilent a year or thereabouts.
 For an evap to work noticeably better, you'd have to move to an actual desert like the Mohave or Death Valley.

 There's a reason the Grand Coulee Dam was built primarily to irrigate the region I'm in (the power generation was a LESSER design function in it's initial buildout, a lot of the power generation was added in later "upgrades").

3832  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best / Most efficient power supply for 2 Baikalminer Cube's on: May 09, 2017, 02:29:03 AM

 Overkill but it'll work - and if you get a couple more cubes you already have power for them.

3833  Alternate cryptocurrencies / Mining (Altcoins) / Re: Graphics card for beginner miner on: May 09, 2017, 02:24:30 AM
Vega won't be cheap - it's aimed to be AMD's new "HIGH END" card line, slotting in ABOVE the existing RX 580 at the Vega LOW end, and aiming for the 1080 Ti and the Titan X Pascal on the top end.

I'd guess you won't see Vega cards under $300 at all and likely $400+ range for all of them for the first year or so they exist.


 Keep in mind that VEGA is specifically AMD's "next generation upgrade to the Fury" line HBM memory and all.

3834  Alternate cryptocurrencies / Mining (Altcoins) / Re: Titan X de NVIDIA on: May 09, 2017, 02:15:34 AM
I do try to test ALL listed algos on systems i built for clients, but some tests within Nicehash are failing and don't give any explanation why, i can try, hopefully i get a bit more time for that, before system will be taken by client tomorrow.

Run the "precise" test sometimes works where the shorter tests flat out refuse to work, especially on algorythms like ETH that have a long setup time - but sometime you still have to run the test 2 or 3 times before it will work.
3835  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - Protein Folding Research based Proof of Work on: May 09, 2017, 02:10:22 AM
The prices in nvidia store are quite linear:
1080 Ti $700 1100k PPD . 250W
1080 .. $550 . 850k PPD . 180W
1070 .. $400 . 600k PPD . 150W
1060 .. $300 . 350k PPD . 120W
So for each $150 more you get 250k PPD more.

This week I plan to buy one 1080Ti to replace all my old 7950s (weather starts to be hot) and I have to choose between Asus, MSI, EVGA, Zotac, Gigabyte.


 I have not used a 1080 TI.

 With that said, I'm quite happy with my Gigabyte 1070s, the Gigabyte 1080 I bought last week, and am reasonably content with my EVGA 1070s.

 Also, I don't buy the numbers on that table - I was commonly seeing more than 600k on my single-card 1070 rigs (thought they were all Gigabyte cards with a fairly high factory OC) and am NOT seeing 800k but more like 750k out of my Gigabyte 1080 (which replaced a Gigabyte 1070 in one of those single-card rigs).

 In terms of raw card stats it makes sense - both cards are probably maxing out the "fast return bonus" and the 1080 has 1/3d more CUDA cores than the 1070 it replaced but the memory is only 20% faster on raw transfer rate and has higher latency.

 1080Ti is a LOT more cores though, and I think they managed to clock it a bit higher yet.

3836  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's ZCash AMD GPU Miner v12.4 (Windows/Linux) on: May 09, 2017, 02:02:11 AM
Hi, can somebody give me a hint where to find solutions for these problems,

Upgrated to win7 to 10 because i coulnd“t get 6->7gpu work. With win7 mining rig where rock solid with intensity 5

And there were no hardware changes, Only adding 1 gpu more, All gpu“s are 280x
drivers 15.12


 Win 10 is in no way shape or form an "upgrade" for a mining rig.

3837  Alternate cryptocurrencies / Mining (Altcoins) / Re: Fourth alt coin thread last three got oversized. on: May 09, 2017, 01:59:23 AM
Looking for some advice, I'm a little confused on how to best cool a farm of open air rigs on shelves.

With an open-air rig of non-reference GPUs, should I be pushing cool air over the rear of the rig and pulling hot air from the front where the GPUs are? Or is it the other way around?

 Even fan-type cards exhaust a LITTLE air out the back of the card, just not as much as a blower-style, so you want to work with that flow and bring air in from the front and exhaust it out out the back.


3838  Bitcoin / Mining support / Re: Question for experienced "semi-large" scale bitcoin miners on: May 09, 2017, 01:52:36 AM


 Which reminds me - a portable-type evap MIGHT work even in Tampa humidity, taking hot air from the output of the miners (which will be fairly low humidity) and sending it back into the input at 20-30 degrees cooler than the output - but you will STILL need quite a bit of ventilation to keep the humidity from building up, optimally more total vent CFM than the evap unit pushes.



That's the idea, a portable type evap. It just makes sense in my head. Dehumidifier to keep humidity under control (or not since I suppose if I have enough exhaust, it would "suck" the humidity out?), evap cooler to keep temps under control, which would be able to operate efficiently because of the dehumidifier

 Dehumidifier = mechanical A/C = LOTS of power consumption, and NOT NEEDED if you take the air comming out of the miners (which will ALREADY be pretty low humidity) and evap cool that then send it back to their intake.
 As long as you have more airflow THROUGH the area than you have going through your evap setup humidity buildup should not be an issue.

3839  Bitcoin / Mining support / Re: Question for experienced "semi-large" scale bitcoin miners on: May 09, 2017, 01:49:38 AM
this is the setup I have in mind for my evap cooling.

if it is really hot and when the water in the tank gets warm you can leave the faucet on and by pass the floater so cool water will always come to the tank and let the overflow/drain handle the excess water

 The temperature of the water being evaporated is an INSIGNIFICANT factor in the cooling - the amount of heat to evaporate one gram of water is appx. 22 TIMES the amount of heat needed to raise that gram of water from freezing to boiling.



3840  Bitcoin / Mining support / Re: Question for experienced "semi-large" scale bitcoin miners on: May 09, 2017, 01:45:40 AM
Ok,I live in Florida,how much is the electric?? 10 cents....still not a big enough margin...ROI in MAYBE 2 years...IF Bitcoin hits say $2500  Cheesy

Oh and IF the difficulty doesn't go up  Cheesy

Mine is 13 cents per kwh,Bitcoin mining WILL not make anything at my rate..

Now in Washington state at 2 cents it can allow for a profit...or Iceland at 1 cent or china at 1 cent..... Roll Eyes

 Best rate in Washington state on an "all up" basis is closer to 3 cents than 2 - though it IS under 3.

 I suspect the only areas that see a LOT less in China are way out-of-the-way near an underutilised hydro dam complex - but getting net into those areas likely isn't all that hard, given a significant probability of existing mining farms already in those areas.

 I don't think Iceland gets that low - but they DO have a very low cost of cooling given their climate.



 To GMPoison - don't sweat humidity, the miners don't really care about it as long as water isn't condensing on them.
 Since they generate a LOT of heat, the air comming out of them is going to be pretty dry.
 Think of them as a low-density hair drier.
 Volume of airflow should be plenty, but keep in mind derating for temperature on your electric wiring and breakers when you plan THAT part out.


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