How to create my own cloud mining service

[hectordsd]

I want to know how can i create my own cloud mining service, is there any scrpt for this?

[jonnybravo0311]

I want to know how can i create my own cloud mining service, is there any scrpt for this?

LOL... is there a script for this.

You need more than a script to make a cloud mining service.  You need a boatload of hardware to mine stuff.  Unless of course you just want to setup a Ponzi scam, in which case I'll offer no assistance.

Come back when you've got multiple PH/s of BTC mining gear up and running.  Then we'll discuss how to create a cloud mining service.

[notlist3d]

I want to know how can i create my own cloud mining service, is there any scrpt for this?

LOL... is there a script for this.

You need more than a script to make a cloud mining service.  You need a boatload of hardware to mine stuff.  Unless of course you just want to setup a Ponzi scam, in which case I'll offer no assistance.

Come back when you've got multiple PH/s of BTC mining gear up and running.  Then we'll discuss how to create a cloud mining service.

The ones that are legit write their own as far as I know.  I have not seen a cloud mining "all in one" that anyone has released.

Sadly with all the bad sites a lot of them I think imitate a miner, and there truly is nothing mining.  One day... they run off with money.

There are a few good one's out there, but I doubt they will share as they most likely paid someone to program it.

[Buttknuckle]

I think at the current BTC price it would be difficult to start a new mining farm.  You need space somewhere (warehouse), equipment, cooling, someone to maintain it all, etc.  The start up costs would be staggering.  And I doubt that too many people would preorder with all the scams going around.

You would either need an investor to back you, or a huge wad of cash yourself that you can invest.  I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment. 

Best of luck!

[notlist3d]

You would either need an investor to back you, or a huge wad of cash yourself that you can invest.  I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.  

There is no good source that say's S6 will be "soon".  We still don't know when it will be.  

Right now the S4+ is their newest gear that is being sold

[michinzx]

I think at the current BTC price it would be difficult to start a new mining farm.  You need space somewhere (warehouse), equipment, cooling, someone to maintain it all, etc.  The start up costs would be staggering.  And I doubt that too many people would preorder with all the scams going around.

You would either need an investor to back you, or a huge wad of cash yourself that you can invest.  I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment. 

Best of luck!

lots of good info in this post here, also i remember reading somewhere that the new asic technology would be finished being developed sometime this year, if you have the capital to invest, waiting for that might be a good idea. but don't expect there to be something simple like a 'script' to get a hige operation like a mining farm started, youll need a wide variety of skills and staff to maintain your farm 24/7.

[ranochigo]

I think at the current BTC price it would be difficult to start a new mining farm.  You need space somewhere (warehouse), equipment, cooling, someone to maintain it all, etc.  The start up costs would be staggering.  And I doubt that too many people would preorder with all the scams going around.

You would either need an investor to back you, or a huge wad of cash yourself that you can invest.  I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.  

Best of luck!

A newly released hardware would be very expensive while being efficient. Having bulls of these hardwares getting released to the public would only increase the difficulty, hence reducing its profitability.

Cloudmining is also a risk for the operator, many hardwares can die in a few days or months and sending it for RMA can be quite slow. I doubt a warehouse would be ideal for hosting a server since it wouldn't have sufficient powering or airflow unless you redesign it. These machines does give off a lot of heat. It also isn't good to have high electrical fees. It largely depends on the geographical locations.

[freemind1]

You need lots of hardware, programmers, connections. Not forgetting of course the cost of electricity and many more things to do. Another thing is that after profitable or not.

[mayflor2]

I want to know how can i create my own cloud mining service, is there any scrpt for this?

Try crowdfunding.   Get miners, and get a programmer to have someone write you a custom script.   But do your research because mining is not very profitable anymore.  It will only work if you have very low cost or free electric.

[Herbert2020]

I want to know how can i create my own cloud mining service, is there any scrpt for this?

you have to hire your own special programmers to do this for you. there is no script for making cloudmining services as far as i know. in addition you will need equipment; don't think just by creating a new Ponzi scheme people are gonna pour money in your service. there is no more trust in coudmining services.

[teddy5145]

I want to know how can i create my own cloud mining service, is there any scrpt for this?

you need more stuffs other than the scripts
you need the hardware (pretty expensive, unless you got some money)
and website to operate your cloud mining services
and Trust which is the most important factor when creating this kind of service (let's hope you're not a scammer  )

[Buttknuckle]

You would either need an investor to back you, or a huge wad of cash yourself that you can invest.  I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.  

There is no good source that say's S6 will be "soon".  We still don't know when it will be.  

Right now the S4+ is their newest gear that is being sold

True, but my point was more that its very risky to start a farm, there are so many things that can cut into profits.  Its highly unpredictable.

[dothebeats]

I want to know how can i create my own cloud mining service, is there any scrpt for this?

Before thinking of the "script", you should first think of the infrastructure on where you will place the miners you will need for a cloud mining service. To do this, you require an engineer, an electrical engineer, and a several men who will help you constructing your warehouse of miners. Next thing is you'll buy loads of fast, power-efficient miners to do the cloud mining thing. After those, you need to set it up, connect it to your main computer, connect it to the net, do a little configuration then you're good to go! Then we'll get back to the script. Build a website, start offering your service and ta da! You have a cloud mining service up and running!

But sadly you only ask for a script, which means that this is only a ponzi in the making if ever.

[toy4lov3rs]

So you're asking where to know how to make a ponzi ?

[favdesu]

buy a ponzi script, change invest money with cloudmining. that's how they all do it...

[Fedoraeuphoria]

I hear Iceland is a nice place to live.

[notlist3d]

You would either need an investor to back you, or a huge wad of cash yourself that you can invest.  I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.  

There is no good source that say's S6 will be "soon".  We still don't know when it will be.  

Right now the S4+ is their newest gear that is being sold

True, but my point was more that its very risky to start a farm, there are so many things that can cut into profits.  Its highly unpredictable.

Not always true.  Some farms host others gear so little risk on that.  Lots of hosting in China especially now.   Some in Washington state in us.  Or other states.

But a lot of farms host others gear to bring in a steady profit and they then mine as well.

[Bad Uncle]

I love how cloud mining has become synonymous with ponzi. You don't want to create a cloud mining site you just want a scam. You can buy ponzi scripts in the digital goods section but I just wouldn't bother.

[ranochigo]

You would either need an investor to back you, or a huge wad of cash yourself that you can invest.  I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.  

There is no good source that say's S6 will be "soon".  We still don't know when it will be.  

Right now the S4+ is their newest gear that is being sold

True, but my point was more that its very risky to start a farm, there are so many things that can cut into profits.  Its highly unpredictable.

Not always true.  Some farms host others gear so little risk on that.  Lots of hosting in China especially now.   Some in Washington state in us.  Or other states.

But a lot of farms host others gear to bring in a steady profit and they then mine as well.

Less risk on the providers but more risk on users. The owner can easily run away with the gears. It is worth noting that maintenance fees are high and land space. If one is truly interested in mining for profit, they would probably have purchased their own space. Maintenance fees alone should be enough to cut the money saved on electrical fees.

[Xialla]

I want to know how can i create my own cloud mining service, is there any scrpt for this?

this is amazing thread, just showing us, where bitcoin cloud mining is right now..amazing piece