80 machine Setup bittech Updates Live Build Testing Modding analysis Phase 1

[Sierra8561]

Thank you for sharing your setup.
It is really cool to see the insides of a serious mining operation.
Any updates/ results posts are greatly appreciated!

Couldn't agree more. Love seeing the pics and updates. Keep up the good work.

[bittechllc]

Thanks for the great response.

I did till 12 am thurs friday so I am scripting php for a break lol

MinerMill.com WIP

Phase 123 starts sunday

We are going for slush pool we should land top 4 in group mining

network 85% complete

http://imgur.com/a/Koq7i

http://imgur.com/DEmbKlP

Ducting 70% power 30%

We are stepping out to speak from a  position of authority

thanks for the support


https://i.imgur.com/RkpnDig.jpg

[bittechllc]

I put the future of Block chain in this album the pictures should speak for themselves.

We are going virtual currency through commodities and trusts in value

this is the future!!!

pix From the last year to current


http://imgur.com/a/f7aJL

[SaBit]

Wow,, Awesome setup

[Betwrong]

Thanks for the great response.

I did till 12 am thurs friday so I am scripting php for a break lol

MinerMill.com WIP

Phase 123 starts sunday

We are going for slush pool we should land top 4 in group mining

network 85% complete

http://imgur.com/a/Koq7i

http://imgur.com/DEmbKlP

Ducting 70% power 30%

We are stepping out to speak from a  position of authority

thanks for the support


~

Looks like a nice setup, thanks for the update! Although I have no possibilities to mine right now I'm following with big interest how people mine and wish all of them good luck. Good luck to you! Waiting for the new updates.

[Exparos]

aewsome setup thanx for sharing

[bittechllc]

working on cooling and cfm's.

the difficulty is going insane before the halving. in the last two months we are up .9 thats crazy for sure.

Smaller Miners should be dropping we already saw 50 p/h of miners disappear this week.

We are debating on paying for elec with coins or cash for the up comming halving.

reading alot articles and reddit's

https://bitcoinmagazine.com/articles/will-the-upcoming-mining-reward-halving-impact-bitcoin-s-price-1455126224

$800+ a BTC would make this alot better or god willing a higher miners fee

http://cointelegraph.com/news/china-bitcoin-mining-growth-may-help-overcome-worries-over-711-halving

Converting s7's to 1 fan FW we have 50 C temps and too much CFM

[ShrykeZ]

Really cool setup, please keep us updated with further pictures!

[secup]

what horrible timing to start a bitcoin mining farm..

you do know you have about 70 days left before the block reward halving making all those miners useless?

Well, not exactly. It depends on the Bitcoin price, right? If all the prices, like of electricity, miners, etc. stay same but the price of Bitcoin will rise then it might be not useless to mine them.

your logic is flawed..


if you are 'hoping' for the price to increase he would be better off putting all the upfront money directly into bitcoin and hold it.. as the miners WILL NOT make that much in the 70 or so days he has left to mine.

in the end, its a horrible time to invest in bitcoin miners.. he should have done research and waited for next gen machines.

We are a beta testers for miner manufactures we are sent models before they are released. We are well aware of the next series. (months before public release/announcement)

As well companies send us beta models to try to get to change our form factor to theirs.

we have direct face to face relationships with the industry.

we are not new to this. we are just stepping out of the shadows

The life cycle of the machines are part of it. you have to be able to handle things.

You would of said the same thing about the s5's before the s7's there will be always a newer model

wu tang and 1.5 p/h are nothing to f with ^^

if anything please learn from me

I think u either smoking something really strong , or your brain is getting affected by the heat of your 80 miners or the negative pressure of having too much CFM like u said. U need to relax.

[fanatic26]

If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.

[Sierra8561]

If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.

80 machines won't draw any attention. I've enjoyed the pictures and updates,  but buying s7's right now isn't a good idea. Unless they have phenomenally low power costs. Even with cheap power you are better off waiting for the s9.

Edit.. At 9.8 per kw at current price and difficulty you won't make any money after halving in July.

[Sierra8561]

What state are you in?

[GMPoison]

I wish I had the funds to start an operation on that scale. I'll likely have to start much smaller, maybe 20 machines.

My electricity rate wouldn't be super low either, right around where yours is at ~10c, but even at that there are such profits to be made! Good luck and keep us updated!

[GMPoison]

If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.

80 machines won't draw any attention. I've enjoyed the pictures and updates,  but buying s7's right now isn't a good idea. Unless they have phenomenally low power costs. Even with cheap power you are better off waiting for the s9.

Edit.. At 9.8 per kw at current price and difficulty you won't make any money after halving in July.

When do you think the S9 will come out, and how much more efficient do you think it will be? These new 2.7 TH S7s that just came out are just as efficient as the old 4.7 TH ones except they come with a power supply, which is huge.

[Sierra8561]

If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.

80 machines won't draw any attention. I've enjoyed the pictures and updates,  but buying s7's right now isn't a good idea. Unless they have phenomenally low power costs. Even with cheap power you are better off waiting for the s9.

Edit.. At 9.8 per kw at current price and difficulty you won't make any money after halving in July.

When do you think the S9 will come out, and how much more efficient do you think it will be? These new 2.7 TH S7s that just came out are just as efficient as the old 4.7 TH ones except they come with a power supply, which is huge.

Based off of rumors and bitmains Chinese website. It's 14TH.  Not sure how many watts or  the price. I'm guessing it will be released soon.

[GMPoison]

If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.

80 machines won't draw any attention. I've enjoyed the pictures and updates,  but buying s7's right now isn't a good idea. Unless they have phenomenally low power costs. Even with cheap power you are better off waiting for the s9.

Edit.. At 9.8 per kw at current price and difficulty you won't make any money after halving in July.

When do you think the S9 will come out, and how much more efficient do you think it will be? These new 2.7 TH S7s that just came out are just as efficient as the old 4.7 TH ones except they come with a power supply, which is huge.

Based off of rumors and bitmains Chinese website. It's 14TH.  Not sure how many watts or  the price. I'm guessing it will be released soon.

Yeah it only makes sense that it will be coming out soon. At 14TH the thing is going to be a beast, I can't wait. Not sure if they'll wait for the halving or not. My guess is that they'll wait and see what happens, then release it and adjust it's price accordingly.

[CjMapope]

If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.

80 machines won't draw any attention. I've enjoyed the pictures and updates,  but buying s7's right now isn't a good idea. Unless they have phenomenally low power costs. Even with cheap power you are better off waiting for the s9.

Edit.. At 9.8 per kw at current price and difficulty you won't make any money after halving in July.

When do you think the S9 will come out, and how much more efficient do you think it will be? These new 2.7 TH S7s that just came out are just as efficient as the old 4.7 TH ones except they come with a power supply, which is huge.

Based off of rumors and bitmains Chinese website. It's 14TH.  Not sure how many watts or  the price. I'm guessing it will be released soon.

jesus, 14th.  see i am thinking closer to 10.  14 would be SO beast, wish they would drop more info already...

[GMPoison]

If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.

80 machines won't draw any attention. I've enjoyed the pictures and updates,  but buying s7's right now isn't a good idea. Unless they have phenomenally low power costs. Even with cheap power you are better off waiting for the s9.

Edit.. At 9.8 per kw at current price and difficulty you won't make any money after halving in July.

When do you think the S9 will come out, and how much more efficient do you think it will be? These new 2.7 TH S7s that just came out are just as efficient as the old 4.7 TH ones except they come with a power supply, which is huge.

Based off of rumors and bitmains Chinese website. It's 14TH.  Not sure how many watts or  the price. I'm guessing it will be released soon.

jesus, 14th.  see i am thinking closer to 10.  14 would be SO beast, wish they would drop more info already...

Yeah tell me about it. I'm currently saving up funds to start my operation, I should have the funds I want around the time the S9 drops. By then maybe the dust will have settled from the halving, all should be good. Until then I'm just playing with Ethereum mining, awesome profits there too you should check it out.

[GMPoison]

Currently Building a major rig for our main pool.

Rig 80 Ant pool Rig Hash_Rate 4.8 TH

Here are some Commercial Site Pix during Construction.

220v Triple Phase Elec. 10.7 k/w

Capacity:

1 Megawatt Town Commercial License









Ill Post Hash Rate Total after Final Testing
bittech

Out of curiosity isn't 1 Megawatt extremely overkill? Even if you went up to the 80% rule wouldn't that still be 800 kW of power? The S7 puts out 1.3 kW which means your facility would be able to hold a quarter of a million dollars in S7's, literally hundreds and hundreds of them. Do you plan on expanding that much? I don't know what your budget is like, but I would consider waiting for the S9 if you were to expand so rapidly. It's what I plan on doing when I put some money into renting a small warehouse for mining probably after the dust settles from the halving and we can see what things are like. Thanks!  

[Sierra8561]

If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.

80 machines won't draw any attention. I've enjoyed the pictures and updates,  but buying s7's right now isn't a good idea. Unless they have phenomenally low power costs. Even with cheap power you are better off waiting for the s9.

Edit.. At 9.8 per kw at current price and difficulty you won't make any money after halving in July.

When do you think the S9 will come out, and how much more efficient do you think it will be? These new 2.7 TH S7s that just came out are just as efficient as the old 4.7 TH ones except they come with a power supply, which is huge.

Based off of rumors and bitmains Chinese website. It's 14TH.  Not sure how many watts or  the price. I'm guessing it will be released soon.

jesus, 14th.  see i am thinking closer to 10.  14 would be SO beast, wish they would drop more info already...

I'm anxiously awaiting news. I think the days of the s7 are coming to a end. Unless we see a substantial btc price increase, the s7 won't be worth it after halving.