Bitcoin Forum
November 12, 2024, 05:42:02 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: Miners that pay for electricity should seriously start reconsidering  (Read 8090 times)
yochdog
Legendary
*
Offline Offline

Activity: 2044
Merit: 1000



View Profile
August 03, 2011, 07:06:00 PM
 #21

lol....."broseph"....awesome. 

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
yochdog
Legendary
*
Offline Offline

Activity: 2044
Merit: 1000



View Profile
August 03, 2011, 07:08:51 PM
 #22

I should have prefaced with this:  I DON'T WANT SOMEONES USED CRAP.

Show me where I can build a NEW system that gets 1500 MH/s for $1,000. 
Am I really going to have to list out links because your too much of a dumb ass to realize 420 dollars for non gpu parts can be easily done....
http://www.newegg.com/Product/Product.aspx?Item=N82E16819103944
http://www.newegg.com/Product/Product.aspx?Item=N82E16820134657
http://www.newegg.com/Product/Product.aspx?Item=N82E16820139292
http://www.newegg.com/Product/Product.aspx?Item=N82E16813138324
48 for extenders
http://www.newegg.com/Product/Product.aspx?Item=N82E16817256057

That leaves 78 dollars from the 420 budget....

But seriously.  I will give you $5,250 to make me 5 of these (must be properly configured for 1,500 MH/s each)....that should leave you a very large profit margin. 

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
Elder III
Sr. Member
****
Offline Offline

Activity: 1246
Merit: 274


View Profile
August 03, 2011, 07:24:54 PM
 #23

I can make rigs that get 1.2 ghz with a better than 1.5 ratio... does that count? Wink  (all new parts too)
teflone
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


You're fat, because you dont have any pics on FB


View Profile
August 03, 2011, 07:27:21 PM
 #24

I wont lie when I read the subject I was expecting a post from angelus lol.

Exactly.. hes posting doomsday on the Discussion section..

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
mike678
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
August 03, 2011, 07:33:27 PM
 #25

I can make rigs that get 1.2 ghz with a better than 1.5 ratio... does that count? Wink  (all new parts too)
You most definitely can get better then a 1.5 ratio but it tends to take a long time to mass produce something like that and you usually have to cut corners like excluding any form of a case.

But seriously.  I will give you $5,250 to make me 5 of these (must be properly configured for 1,500 MH/s each)....that should leave you a very large profit margin. 

If you're actually serious pm me and we will try to figure something out.
yochdog
Legendary
*
Offline Offline

Activity: 2044
Merit: 1000



View Profile
August 03, 2011, 07:43:25 PM
 #26

I can make rigs that get 1.2 ghz with a better than 1.5 ratio... does that count? Wink  (all new parts too)

absolutely counts....can you give me some details?  I need cases.....these go in an office building, and it does not help "our look" to have computer parts strewn about. 

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
release
Member
**
Offline Offline

Activity: 184
Merit: 14


View Profile
August 03, 2011, 07:47:22 PM
 #27

I can make rigs that get 1.2 ghz with a better than 1.5 ratio... does that count? Wink  (all new parts too)
Does this come with an 80+ gold PSU? That is one corner that is terrible to cut. If it does, plz share because i have no idea how you plan to do this. Also, MIR shouldn't be deducted from the price.
Mousepotato
Hero Member
*****
Offline Offline

Activity: 896
Merit: 1000


Seal Cub Clubbing Club


View Profile
August 03, 2011, 08:02:10 PM
 #28

1. if you have to pay for electricity, you should not be getting into the mining game at this point, period.

2. if you have to pay for electricity, but you already have 1 or several dedicated rigs running, you should still mine, but start winding down your operation, start selling some rigs. You don't want to be selling them at a much lower price when the mass exodus begins (when difficulty reaches equilibrium with electricity cost, those who have to pay for electricity will inevitably start selling their rigs).

The fact of the matter is difficulty will keep rising until it reaches equilibrium with average electricity cost. The price of BTC will keep falling, because the supply of new BTC each day is overwelming the market, unless another wave of significant adoption comes, BTC price will continue to fall slowly. Until block reward is halved sometime in 2012.

If you would have dated this 08/03/2010, it would have been perfect.

Mousepotato
mike678
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
August 03, 2011, 08:02:34 PM
 #29

I can make rigs that get 1.2 ghz with a better than 1.5 ratio... does that count? Wink  (all new parts too)
Does this come with an 80+ gold PSU? That is one corner that is terrible to cut. If it does, plz share because i have no idea how you plan to do this. Also, MIR shouldn't be deducted from the price.
It's almost guaranteed not to. I'm guessing it would be entirely caseless and one of the cheapest psu's which isn't ideal at all on the large scale.
pekv2
Hero Member
*****
Offline Offline

Activity: 770
Merit: 502



View Profile
August 03, 2011, 08:10:25 PM
 #30

I was curious, so I checked out the price of kWh from my utility. Not bad. $0.0950 per kWh. I need to get a kill a watt meter for my pc.
mike678
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
August 03, 2011, 08:11:23 PM
 #31

Just because I have time I'll try to build a high ratio build that cuts all corners with the 5850 @ 145

http://www.newegg.com/Product/Product.aspx?Item=N82E16813138324
48 for extenders
30 for cpu (heat sink not included)
10 for heatsink
6-flash drive
10-ram
580 for 4 5850
90 for psu
total=834
expected megahash=1,600

ratio = 1.91
I guess if you want to add a case add ~$60
ratio=1.79
Bitcoin_Silver_Supply
Sr. Member
****
Offline Offline

Activity: 258
Merit: 250



View Profile
August 03, 2011, 08:16:47 PM
 #32

I wont lie when I read the subject I was expecting a post from angelus lol.

Second.
CanaryInTheMine
Donator
Legendary
*
Offline Offline

Activity: 2352
Merit: 1060


between a rock and a block!


View Profile
August 03, 2011, 08:20:24 PM
 #33

so you want me to use a MOBO with 2 PCIx slots? 



And with this comment, I will not entertain anymore of your posts until you spend a good day reading as many posts as you can to learn first, then ask good questions later.
TiagoTiago
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


Firstbits.com/1fg4i :)


View Profile
August 03, 2011, 08:20:48 PM
 #34

What, no one saying the OP is just wanting people to stop mining so the difficulty will go down for him?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
Bitcoin_Silver_Supply
Sr. Member
****
Offline Offline

Activity: 258
Merit: 250



View Profile
August 03, 2011, 08:22:14 PM
 #35

We're all quite used to that by now Tiago, we just tend to assume it comes first and foremost from Angelus  Grin
yochdog
Legendary
*
Offline Offline

Activity: 2044
Merit: 1000



View Profile
August 03, 2011, 08:42:30 PM
 #36

so you want me to use a MOBO with 2 PCIx slots? 



And with this comment, I will not entertain anymore of your posts until you spend a good day reading as many posts as you can to learn first, then ask good questions later.

Awesome.  I will consider us even then. 

I am a trusted trader!  Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
bcpokey
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
August 04, 2011, 01:18:26 AM
 #37

so you want me to use a MOBO with 2 PCIx slots? 



I'd be more than happy to build you as many systems as you want for similar prices above. Of course, my fee for doing all this is not included in that price, and if you're too lazy to do it yourself, it's not gonna be cheap.
mike678
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
August 04, 2011, 01:22:17 AM
 #38

so you want me to use a MOBO with 2 PCIx slots? 



I'd be more than happy to build you as many systems as you want for similar prices above. Of course, my fee for doing all this is not included in that price, and if you're too lazy to do it yourself, it's not gonna be cheap.
I don't really think he is serious about letting us build rigs for him. If he is though he directed it to me originally and I honestly would take $250 dollars from the $5250 he mentioned because I make theoretical builds anyway on my free time Tongue
release
Member
**
Offline Offline

Activity: 184
Merit: 14


View Profile
August 04, 2011, 01:36:58 AM
 #39

so you want me to use a MOBO with 2 PCIx slots? 



I'd be more than happy to build you as many systems as you want for similar prices above. Of course, my fee for doing all this is not included in that price, and if you're too lazy to do it yourself, it's not gonna be cheap.
don't build anything for anyone. Just tell us the parts for your unrealistically cheap system.
mrb
Legendary
*
Offline Offline

Activity: 1512
Merit: 1028


View Profile WWW
August 04, 2011, 02:46:55 AM
 #40

I pay 5.8$ for 250 kw  Grin

That's exactly what costs 250kW for ~14min at $0.10/kWh, an average US domestic price.
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!