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Author Topic: Research on Bitcoin mining/miners  (Read 38 times)
villageheureux
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June 11, 2018, 06:19:23 PM
Last edit: June 11, 2018, 06:31:36 PM by villageheureux
 #1

Hello all,

I am currently conducting research on the mining ecosystem as part of my thesis, and I am looking to get a deeper understanding of (inter alia) the relationship between location & size on the types of perceived risks, as well as on miner behavior with regards to switching chains.

I would be grateful if you could answer a questionnaire (see below, 9 questions, duration of around 3-4 minutes).

Thanks in advance!

Questionnaire
Q1: Where is your mining operation located (Country, state/province)?

Q2: Why did you choose this location?

Q3: What is the size of your mining operation (e.g. in terms of TH/s)?

Q4: What source(s) of energy does your mining operation use?

Q5: Are you participating in a mining pool? If not, why not?

Q6: Have you ever switched to mining BCH with your mining hardware. If yes, skip question 7

Q7: Considering that there have been occasions that BCH was 2-4x more profitable to mine than BTC (in terms of BTC), why did you decide to stick to mining BTC? More answers are possible.

- According to my/our estimations BCH was not more profitable than BTC
- I/We ideologically oppose to BCH
- I was/we were unaware of BCH’s relative profitability over BTC
- I/we did not trust any BCH mining pool
- To my/our opinion, BCH was not liquid enough
- There was not enough time to switch my/our mining hardware
- I/we do not closely monitor mining profitability of BCH
- Other, please specify:

Q8: What do you consider to be the biggest risk(s) to your mining operation?

Q9: What kind of difficulties/hurdles have occurred while running your mining operation?

Thank you for your answers!
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NotFuzzyWarm
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June 11, 2018, 06:22:38 PM
Last edit: June 11, 2018, 06:35:59 PM by NotFuzzyWarm
 #2

One very important point to your queries: This is a Bitcoin area. Period.
BCH is NOT Bitcoin. Only BTC is Bitcoin. All other crypto coins including BitCH are an altcoin and all discussion of it belongs in the altcoin areas -- not here.

For bitcoin to succeed the community must police itself - Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats
How a miner mfgr SHOULD operate: HaggsFIN trip to Canaan My info useful? Donations welcome! 1Fuzzyk398kDWVjuC5qPX5v6CjSkvbgAbd
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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June 11, 2018, 06:28:05 PM
 #3

Questionnaire
Q1: Where is your mining operation located (Country, state/province)?
USA, Michigan

Q2: Why did you choose this location?
My farm is at work.

Q3: What is the size of your mining operation (e.g. in terms of TH/s)?
>300THs

Q4: What source(s) of energy does your mining operation use?
Natural gas, nuclear, solar, wind.

Q5: Are you participating in a mining pool? If not, why not?
Of course in a pool, Kano.is ... Only folks running at least several PH might solo mine for profit, even then most still belong to pools to reduce variance.

Q6 & Q7 entirely off-topic for this area as BitCH is NOT Bitcoin.

Q8: What do you consider to be the biggest risk(s) to your mining operation?
None.

Q9: What kind of difficulties/hurdles have occurred while running your mining operation?
None.

For bitcoin to succeed the community must police itself - Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats
How a miner mfgr SHOULD operate: HaggsFIN trip to Canaan My info useful? Donations welcome! 1Fuzzyk398kDWVjuC5qPX5v6CjSkvbgAbd
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
villageheureux
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June 11, 2018, 06:39:25 PM
 #4

Thank you for your answer. I get that this is the Bitcoin section and not Bcash, but I am particulary interested in the reasons why people have stuck to Bitcoin, in how far they have been willing for example to leave profit on the table due to ideological opposition to BCH, assuming they are maximizing profit in terms of Bitcoin, not in Bcash.

Hope this clarifies my reason for putting it here.
NotFuzzyWarm
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June 11, 2018, 07:08:42 PM
 #5

It's great been here. I want to know more about Bitcoin mining
Then skim through the Beginners & Help area.

For bitcoin to succeed the community must police itself - Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats
How a miner mfgr SHOULD operate: HaggsFIN trip to Canaan My info useful? Donations welcome! 1Fuzzyk398kDWVjuC5qPX5v6CjSkvbgAbd
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
NotFuzzyWarm
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June 11, 2018, 07:17:44 PM
Last edit: June 11, 2018, 08:50:09 PM by NotFuzzyWarm
 #6

Quote
I am particulary interested in the reasons why people have stuck to Bitcoin, in how far they have been willing for example to leave profit on the table due to ideological opposition to BCH
BitCH is a direct attack on BTC created by Bitmain and a few of its very wealthy friends. I have never and will never support it as it is simply just another pump-and-dump coin as are most other altscoins all of which do nothing to support the BTC blockchain ecosystem. I long ago cashed out all BCH I got that was created by the fork.

For bitcoin to succeed the community must police itself - Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats
How a miner mfgr SHOULD operate: HaggsFIN trip to Canaan My info useful? Donations welcome! 1Fuzzyk398kDWVjuC5qPX5v6CjSkvbgAbd
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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