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Author Topic: [2014-003-10] Video - A LOOK INSIDE AMERICA'S LARGEST BITCOIN MINING OPERATION  (Read 1337 times)
LiteCoinGuy (OP)
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March 10, 2014, 11:54:40 AM
 #1

A LOOK INSIDE AMERICA'S LARGEST BITCOIN MINING OPERATION

https://www.youtube.com/watch?v=5CjldZLXiAU


a little bit to noisy for my bedroom  Wink

seldon
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March 10, 2014, 12:02:16 PM
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the comments section  Shocked
LiteCoinGuy (OP)
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March 10, 2014, 03:00:19 PM
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There is a previous post concerning this article on this sub-forum.

didnt notice, sorry if i was second.

kjlimo
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March 10, 2014, 05:40:30 PM
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$8 Million / month ~ not bad...

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
promojo
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March 10, 2014, 07:45:29 PM
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I wonder what it cost him for the full investment?  Also he has many advantages over a traditional data center.  I am sure he did not have to account for many cooling issues or BTU calculations as those mac don't generate lots of heat.


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bobcaticus
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March 10, 2014, 11:24:51 PM
 #6

Location, Location, Location.

Keep in mind that video is over 3 weeks old.  Also, our European operation also hit 1PH this week.
fryarminer
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March 11, 2014, 02:30:32 AM
 #7

I wouldn't mind that setup, but I wonder if he has paid off all those rigs yet! Those boards were going for a lot of money each not too long ago.


GenTarkin
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March 11, 2014, 06:56:49 AM
 #8

I wouldn't mind that setup, but I wonder if he has paid off all those rigs yet! Those boards were going for a lot of money each not too long ago.




This is dave, the guy that was fuckin distributing them ... he probably got them at an insanely cheap rate. Probably skimming them off customers preorders too!

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! -- !!NO LONGER AVAILABLE!!
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Timerondsc
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March 11, 2014, 09:28:18 AM
 #9

This video is not the most relevant one, if I understand correctly
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March 11, 2014, 09:31:04 AM
 #10

the comments section  Shocked

Made me go in hysterics, I watched the video when I was tired, didn't bother reading the comments, but these Bitcoin haters really are on auto-pilot aren't they?
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March 11, 2014, 11:00:05 AM
 #11

How accurate do you think the $8 million per month quote is?

Depending on the USD conversion of BTC at the time this would take a lot of mined BTC per month. At $1000/BTC if my math is correct it would be about 320 blocks solved each month. This seems like a lot to not have jumped out on the various lists.

Is he going through an established pool or his own? Maybe multiple pools so as not to attract attention.
promojo
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March 11, 2014, 04:25:06 PM
 #12

Is this a million dollar investment?  Half million?  Really interested in finding out.....   What ASIC miners is he using and what is the cost?


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bobcaticus
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March 11, 2014, 11:10:30 PM
Last edit: March 12, 2014, 04:42:11 PM by bobcaticus
 #13

I wouldn't mind that setup, but I wonder if he has paid off all those rigs yet! Those boards were going for a lot of money each not too long ago.




This is dave, the guy that was fuckin distributing them ... he probably got them at an insanely cheap rate. Probably skimming them off customers preorders too!

um, no.  We make the chips and boards and have been selling what we use to customers in here since October (when we have surplus).  

https://bitcointalk.org/index.php?topic=251966.0

Do some research before spreading slander, not all companies are here to take your money and not ship.
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March 13, 2014, 12:52:33 AM
 #14

Actually Megabigpower is at 2PH now, I believe they hit it last weekend. 

Also MBP, can you 'register' your hashpower with blockchain.info if you haven't already?  Or are you guys mining as part of a pool that is already listed there?

BTC: 15565dcUp4LEWe6KYT7tawMHFRL4cBbFGN
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