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Author Topic: Give me some advice please  (Read 2025 times)
The_only_one (OP)
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January 26, 2016, 07:44:19 PM
 #1

Hi guys I'm new here but I learned a lot of things very important of these wonderful Forum
I want somebody to help me in this
I want to build Bitcoin mining farm where mining speed of up to 100,000 Terra hash per second.
But I want some advice about miners .
I want it low price and using low electricity power
Can you advise me in that?

Thanks
kntdookoo
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January 26, 2016, 08:02:07 PM
 #2

Lets start with:

-Where are you located in the world?
-What are your electric costs?

We can move on from there once we have that established.
n691309
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January 26, 2016, 08:25:15 PM
 #3

Hi guys I'm new here but I learned a lot of things very important of these wonderful Forum
I want somebody to help me in this
I want to build Bitcoin mining farm where mining speed of up to 100,000 Terra hash per second.
But I want some advice about miners .
I want it low price and using low electricity power
Can you advise me in that?

Thanks
You should have the best PSU which are the most efficient and can save you a bit in power(and a lot if you plan to have thousands of Terahash), and share with us how much cost 1kW/h in your location.
notlist3d
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January 26, 2016, 10:08:55 PM
 #4

Hi guys I'm new here but I learned a lot of things very important of these wonderful Forum
I want somebody to help me in this
I want to build Bitcoin mining farm where mining speed of up to 100,000 Terra hash per second.
But I want some advice about miners .
I want it low price and using low electricity power
Can you advise me in that?

Thanks
You should have the best PSU which are the most efficient and can save you a bit in power(and a lot if you plan to have thousands of Terahash), and share with us how much cost 1kW/h in your location.

You should start slow, going from nothing to 100T is a huge jump.  You will not be ready for it most likely.  You need enough electricity, you need the electricity wired, you need cooling.

Get one miner and test things out.  I can't stress enough how hard going from nothing to 100T will be.   Chances are you will have miners sitting there waiting on you to set things up.
The_only_one (OP)
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January 26, 2016, 11:12:57 PM
 #5

I'm from dubai
electric costs 0.088 $
And I have 4 machines 4 tera hash made in China from 3 months
notlist3d
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January 27, 2016, 12:12:46 AM
 #6

I'm from dubai
electric costs 0.088 $
And I have 4 machines 4 tera hash made in China from 3 months

What machines are you referring to?  Sounds like possibly some old A1's.

But still if it is A1's running around 4,000 watt to what ever your 100T watts will be.... is a massive difference.  I still say take it slower.  What is your setup like?  Have you started making your mining area for a sizable amount of miners?
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January 27, 2016, 12:21:48 AM
 #7

at almost 9c/KWH your electric rate is probably too high to be able to make enough profit to pay for ANY current miner on the market.

 More hash doesn't help if your cost is higher than your income, or will be soon with difficulty increases.


 If you don't CARE about profit, 20 or so of the Bitmain S7 units would work - might need a few more unless you have air conditioning of some sort available, Dubai gets pretty hot and you can't run an S7 at stock clock if the air in the room it's in is too hot.

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mickiya
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January 27, 2016, 08:40:42 AM
 #8

at almost 9c/KWH your electric rate is probably too high to be able to make enough profit to pay for ANY current miner on the market.

 More hash doesn't help if your cost is higher than your income, or will be soon with difficulty increases.


 If you don't CARE about profit, 20 or so of the Bitmain S7 units would work - might need a few more unless you have air conditioning of some sort available, Dubai gets pretty hot and you can't run an S7 at stock clock if the air in the room it's in is too hot.

If your farm is in Dubai, the cooling cost will also be high. It is better not to base your farm there. You cannot compete with people with 0.03/kwh.
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January 27, 2016, 10:19:46 AM
 #9

at almost 9c/KWH your electric rate is probably too high to be able to make enough profit to pay for ANY current miner on the market.

 More hash doesn't help if your cost is higher than your income, or will be soon with difficulty increases.


 If you don't CARE about profit, 20 or so of the Bitmain S7 units would work - might need a few more unless you have air conditioning of some sort available, Dubai gets pretty hot and you can't run an S7 at stock clock if the air in the room it's in is too hot.

If your farm is in Dubai, the cooling cost will also be high. It is better not to base your farm there. You cannot compete with people with 0.03/kwh.

If it was not for heat he could do it I think, just is a different way of mining.  You would mine for first part of release, then sell the miner after you are making less.

If done properly/lucky possibly your mining + sell of machine = more then you put into it.  But I think that near .10 area involves selling for chance at ROI.
The_only_one (OP)
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January 27, 2016, 11:10:18 AM
 #10

Ok

I have old factory 7500 meters square .

Is there a higher devices from antminer s7?
And
What about devices like smart miner from miners lab or yes miner m20 from yes miner.
The_only_one (OP)
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January 27, 2016, 01:58:50 PM
 #11

Wait I said, 100 000 not 100 Terra hash
VirosaGITS
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January 27, 2016, 02:06:50 PM
 #12

Ok

I have old factory 7500 meters square .

Is there a higher devices from antminer s7?
And
What about devices like smart miner from miners lab or yes miner m20 from yes miner.

Wait I said, 100 000 not 100 Terra hash

Its a bit ridiculous when someone suggest building a 40millions usd farm and hire 20 employees full time to maintain the (your) 25mW data center and can't tell an obvious scam.

The only two option right now are S7 and Avalon6, but if you really have that kind of cash, then you would not need to deal with them in the first place.


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mocacinno
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January 27, 2016, 02:15:50 PM
 #13

you do realise you're saying you want to own 10% of the current hashrate in the world?
That means you want to build a farm that's bigger than the biggest farms currently in existence (maybe there's one in china that has a comparable size, don't really know). This based on experience you had with 4 miners, a high electricity rate and an old building...

If you are serious, hire a big team of knowlegdgable people with loads of experience in designing serverrooms, engineers, datacenter techs,... It'll cost you millions, and there's a big chance you'll never make your money back.

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c.h.
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mocacinno
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January 27, 2016, 02:33:00 PM
 #14

I was interested by the post, so i did some further crunching of the numbers... Just for fun  Grin
Just as a tought experiment:

100.000 Th equals 21141 Antminer S7's batch 9.
We all know the hashrate given by the producers is an estimate, and you'll need a couple hotspares just to make sure you'll be able to cope with HW failure.

So basically, you'll need 21200 Antminers.
Each antminer consumes 1300W. Your farm will consume 27.6 Mw (only the antminers, not including other equipment like cooling, networking, security, lighting,...). There seems to be a lot of nuclear powerplants that produce around 1000 Mw, so you'd basically use 1/4th of the power of a small nuclear powerplant...
Each antminer would weigh 4.5 Kg. Your farm would weigh over 96 Tons (95.4, ,not considering the PSU's, racks, cables, routers,...)
Each antminer would cost $950. Your farm would cost around 20 million (considering you didn't get a discount, but not including PSU, tax, cables, servers, routers, racks, cooling,...)

I'm pretty sure that you were joking, but if you were not... Think twice before you start... At the very least, hire somebody to crunch the numbers for you, so you will know what problems you'll run into

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markj113
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January 27, 2016, 02:35:29 PM
 #15

I heard butterfly labs are taking preorders for 100,000 th/s miner.

100BTC shipping starts in 11 weeks

Fits in a standard pci slot too!
mocacinno
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January 27, 2016, 02:38:15 PM
 #16

I heard butterfly labs are taking preorders for 100,000 th/s miner.

100BTC shipping starts in 11 weeks

Fits in a standard pci slot too!

Let's all make a deposit to their wallet... It's still 1letsscameverybodyQSUdfhjsdflksfQfg isn't it?  Grin

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markj113
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January 27, 2016, 02:40:49 PM
 #17

I heard butterfly labs are taking preorders for 100,000 th/s miner.

100BTC shipping starts in 11 weeks

Fits in a standard pci slot too!

Let's all make a deposit to their wallet... It's still 1letsscameverybodyQSUdfhjsdflksfQfg isn't it?  Grin

 Grin
The_only_one (OP)
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January 27, 2016, 03:33:01 PM
 #18

I want to make miners like that

https://www.cryptocoinsnews.com/review-yiazo-ybf-m-bitfury-mining-mainboard-using-ybf14s-h-bitfury-miner-board/

Whose know about this
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January 27, 2016, 04:17:09 PM
Last edit: January 27, 2016, 05:04:25 PM by markj113
 #19


The miner you linked to is 3.85 gh/s

You claim to want 100,000 th/s

To get anywhere near that speed you need either latest or next gen equipment and a lot of it.

It doesnt come cheap so may be worth mentioning your budget.

p.s. it seems to me you are mixing gh/s with th/s
notlist3d
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January 27, 2016, 05:49:42 PM
 #20


The miner you linked to is 3.85 gh/s

You claim to want 100,000 th/s

To get anywhere near that speed you need either latest or next gen equipment and a lot of it.

It doesnt come cheap so may be worth mentioning your budget.

p.s. it seems to me you are mixing gh/s with th/s

Those are OLD.  You do not want those OP.   I still warn jumping to 100 T is a decent amount of work and I think you should be taking it slower.

With your electicity at 0.088 you really need to get new gear if your going to do this.  Your options are really S7 or Avalon 6.   Those two are you are choosing between realistically.   
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