btt

[MilkyLep]

You crazy ass mofo. Went out and sourced another two Avalons! 

Two 4 module Avalons at that.

It's like you've got Toucan Sam's nose but for ASICS.

Do you mind divulging the BTC price paid for both units?

[xhomerx10]

I know you said you were going to bed but...

Another in-hand BFL 60GH/s up for grabs!
https://forums.butterflylabs.com/classifieds-165/


No rest for the weary!

Take care

[creativex]

You crazy ass mofo. Went out and sourced another two Avalons!  

Two 4 module Avalons at that.

It's like you've got Toucan Sam's nose but for ASICS.

Do you mind divulging the BTC price paid for both units?

Shareholders have every right to that information, they were 75BTC each. They even came with PSUs so we needn't spend funds on that, though I've had to set them up in a second location due to power constraints and I'm going to have to invest in cooling at that location as well.

Cheers.

Edit: Actually I may look into swapping the PSU or adding a second to one of the new rigs as it's not performing as well as the other two comparable Avalons despite being relatively cool. It's currently at 1441.86 shares/minute and indicates an avg hashrate of 103764. While this is respectable the other two four module rigs are averaging over 1500 shares/minute accepted.

[JimiQ84]

You crazy ass mofo. Went out and sourced another two Avalons!  

Two 4 module Avalons at that.

It's like you've got Toucan Sam's nose but for ASICS.

Do you mind divulging the BTC price paid for both units?

Shareholders have every right to that information, they were 75BTC each. They even came with PSUs so we needn't spend funds on that, though I've had to set them up in a second location due to power constraints and I'm going to have to invest in cooling at that location as well.

Cheers.

Edit: Actually I may look into swapping the PSU or adding a second to one of the new rigs as it's not performing as well as the other two comparable Avalons despite being relatively cool. It's currently at 1441.86 shares/minute and indicates an avg hashrate of 103764. While this is respectable the other two four module rigs are averaging over 1500 shares/minute accepted.

75 is excellent price, it should return in less than 4 months even with rising difficulty. Good job!

[creativex]

Hi JimiQ84. Thank you, that's similar to my projections. My maths led me to conclude that a price below .7/Gh/s would be worth the risk even at this efficiency.

Cheers.

[bobboooiie]

Nice, good job as always dude. That is surprisingly cheap! Good for us 

[creativex]

Nice, good job as always dude. That is surprisingly cheap! Good for us 

Thank you bobboooiie. I believe these relatively small acquisitions at favorable prices should allow us to tread water, figuratively speaking, with little risk whilst the ASIC hardware picture continues to clear. Sooner or later one vendor or another will finally offer solid evidence that they're able to meet a timetable/specifications and a larger investment will then make sense. The risks right now are entirely too high IMO to place large pre-orders with vendors that may or may not be able to deliver.

Cheers.

[davos]

Nice, good job as always dude. That is surprisingly cheap! Good for us 

Thank you bobboooiie. I believe these relatively small acquisitions at favorable prices should allow us to tread water, figuratively speaking, with little risk whilst the ASIC hardware picture continues to clear. Sooner or later one vendor or another will finally offer solid evidence that they're able to meet a timetable/specifications and a larger investment will then make sense. The risks right now are entirely too high IMO to place large pre-orders with vendors that may or may not be able to deliver.

Cheers.

As long as we can somewhat keep pace with difficulty we'll stay in a strong position as the market continues to develop.

Can you go into a bit more detail on the 'secondary location' where you're housing the new Avalons?

[creativex]

Nice, good job as always dude. That is surprisingly cheap! Good for us  

Thank you bobboooiie. I believe these relatively small acquisitions at favorable prices should allow us to tread water, figuratively speaking, with little risk whilst the ASIC hardware picture continues to clear. Sooner or later one vendor or another will finally offer solid evidence that they're able to meet a timetable/specifications and a larger investment will then make sense. The risks right now are entirely too high IMO to place large pre-orders with vendors that may or may not be able to deliver.

Cheers.

As long as we can somewhat keep pace with difficulty we'll stay in a strong position as the market continues to develop.

Can you go into a bit more detail on the 'secondary location' where you're housing the new Avalons?

Hi davos. Sure, it's a vacant residential rental property I own. Nothing fancy, but it's secure. I've also moved Avalons 1 & 3 there as I do not want to risk a shutdown due to overwhelming the electrical supply of either location. I've about 12kws of capacity at one location and 10kws of capacity at the other location(while still maintaining a safety margin).

I'm still looking at a few different commercial properties to lease, but the requirements are limiting my choices somewhat.

Cheers.

Edit: I snapped a pick pic of the four of them when I finished configuring av6 and will see about posting it up.

[creativex]

I've switched our GPUs to scrypt mining @ middlecoin to see if we can get a bit more out of them without my having to spend a lot of time/resources.

Cheers.

[ChefBorjan]

Did that account for the loss of 1.5 BTC in the divs currently queued? Just curious, didn't think GPUs still did that much work.

[creativex]

Did that account for the loss of 1.5 BTC in the divs currently queued? Just curious, didn't think GPUs still did that much work.

Hi ChefBorjan. No, not at all. The GPUs don't do a whole lot and eat a lot of power, relatively speaking, but I need a computer running to keep our BFL gear fed anyway. The drop in dividends is caused by the ever increasing difficulty and yesterdays large increase. This will effect everything related to BTC mining. The drop in dividends would've been over twice that had I not added more hashing power.

Cheers.



I recently updated our spreadsheet and the front page:

https://docs.google.com/spreadsheet/ccc?key=0ArTS7AD--9SWdDNfb0lRNElqS1k1eGRoWEw2TGM4NlE&pli=1#gid=0

If anyone finds any bugs let me know. I got behind on my paperwork while travelling. Trying to get caught back up.

[Twilight_Sparkle]

The drop in dividends would've been over twice that had I not added more hashing power.

  Oh wow, I knew the difficulty was going up, but I didn't realize it has such an impact. Just goes to show how Important it is to get good deals for the mining rigs and whatnot. Keep up the GREAT work   

[ChefBorjan]

Thanks.

Ah I forgot about the difficulty increase. Good shout on getting those Avalons!

[creativex]

Thanks guys.

Yeah 35% is quite a chunk, and our dividends will show the effects first as they're daily, but everyone involved with mining be effected.

Cheers.

[Akka]

Hi ChefBorjan. No, not at all. The GPUs don't do a whole lot and eat a lot of power, relatively speaking, but I need a computer running to keep our BFL gear fed anyway.

Do you actually still mine BTC with them?

You know, you would get a lot more out of them if you just point them at middlecoin.com.

(Middlecoin automatically mines the most profitable scrypt coin, automatically exchanges those coins for bitcoins, and pays out entirely in bitcoins.)

It works.

[creativex]

Hi ChefBorjan. No, not at all. The GPUs don't do a whole lot and eat a lot of power, relatively speaking, but I need a computer running to keep our BFL gear fed anyway.

Do you actually still mine BTC with them?

You know, you would get a lot more out of them if you just point them at middlecoin.com.

(Middlecoin automatically mines the most profitable scrypt coin, automatically exchanges those coins for bitcoins, and pays out entirely in bitcoins.)

It works.

Hi Akka. Thanks, consider it done.

[djjacket]

Hi ChefBorjan. No, not at all. The GPUs don't do a whole lot and eat a lot of power, relatively speaking, but I need a computer running to keep our BFL gear fed anyway.

Do you actually still mine BTC with them?

You know, you would get a lot more out of them if you just point them at middlecoin.com.

(Middlecoin automatically mines the most profitable scrypt coin, automatically exchanges those coins for bitcoins, and pays out entirely in bitcoins.)

It works.

Hi Akka. Thanks, consider it done.

Could you post the BTC address used for middlecoin on the spreadsheet?  Would like to see how is performs since that is how it is tracked on the site.

[creativex]

Could you post the BTC address used for middlecoin on the spreadsheet?  Would like to see how is performs since that is how it is tracked on the site.

Hi djjacket. I sure can, I'm using the address in my sig( 1Hfp99tugY4H5FYEoM3hj4JDLzShzZ9ifB ). Also I've added middlecoin to the spreadsheet for easy tracking and will be including that information in daily updates going forward. GPUs are not very effective any more and if I didn't need a computer to feed the bfl gear I'd probably opt to just shut the GPUs down. The tiny amount of BTC they're producing isn't likely worth 1c higher temps being fed to the minirig and singles.

Cheers.

[demzie]

Would i get tipped if i arrange a nice website, hosting and use of the domainnames: basic-mining.com / basicmining.com?  

Or is there no need for?