Bitcoin Forum
April 23, 2024, 05:38:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 [87] 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 ... 272 »
  Print  
Author Topic: [ActiveMining] Official Shareholder Discussion Thread [Moderated]  (Read 629684 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Stuartuk
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
April 04, 2014, 02:10:55 PM
Last edit: April 04, 2014, 02:23:08 PM by Stuartuk
 #1721

Selling the shovels is the key as we have always known.

The common belief is that hardware stores made more from the gold-rush than did the miners. Maybe, but gold mining is still happening in all areas of the world today and the supply stores have all gone. What has replaced the panners and miners of old is industrial-scale gold mining. While the equipment may have just got bigger (diggers, excavators, lorries, grinding machines instead of pans and picks) I would think most of the profit is now made by the mining companies and not the firms who supply the mining equipment?
1713850738
Hero Member
*
Offline Offline

Posts: 1713850738

View Profile Personal Message (Offline)

Ignore
1713850738
Reply with quote  #2

1713850738
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
JimmyJazz
Full Member
***
Offline Offline

Activity: 207
Merit: 100


View Profile
April 04, 2014, 02:19:13 PM
 #1722

1. Take the 3.5ph being manufactured this month.

2. Mine with it.

3. Reinvest half to build more machines and pay off your dues.

4. Keep adding hashrate to keep up with difficulty, add some miners to the store.

5. Miners will sell as people see the machines actually work.

6. Rinse repeat

7. Do not forget to keep research and development up.


JoTheKhan
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
April 04, 2014, 02:24:05 PM
 #1723

1. Take the 3.5ph being manufactured this month.

2. Mine with it.

3. Reinvest half to build more machines and pay off your dues.

3.1 Higher some GREAT engineers (Build a very knowledgeable team).

4. Keep adding hashrate to keep up with difficulty, add some miners to the store.

5. Miners will sell as people see the machines actually work.

6. Rinse repeat

7. Do not forget to keep research and development up.


sparky999
Sr. Member
****
Offline Offline

Activity: 473
Merit: 250


View Profile
April 04, 2014, 02:26:53 PM
 #1724

While all the progress is great, I really feel like we need to be at 1Ph of equipment mining by the end of May and 2Ph by end of July to be in with a shout of still being a decent player in the mining game by year end. Difficulty is going to go through the roof the next 3 months.
Bargraphics
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Every man is guilty of all the good he did not do.


View Profile
April 04, 2014, 02:28:57 PM
Last edit: April 11, 2014, 09:28:46 PM by Bargraphics
 #1725

Fast-Hash One Prospector Guide


Need to Purchase for each Card

Port USB A Female Slot Plate Adapter (USBPLATE) - 1 (Comes with two)
http://www.amazon.com/gp/product/B0000511LW/ref=oh_details_o00_s00_i01?ie=UTF8&psc=1

C&E 6-Feet USB 2.0 A Male to A Male Cable - You don't NEED 6 Ft but it was like $1.00 more for an extra 3 Ft. - 1
http://www.amazon.com/gp/product/B00CJRV3CG/ref=oh_details_o00_s00_i00?ie=UTF8&psc=1

Corsair RM Series 650 Watt ATX/EPS 80PLUS Gold-Certified Power Supply - CP-9020054-NA RM650 - 1
http://www.amazon.com/gp/product/B00EB7UIRS/ref=oh_details_o00_s00_i00?ie=UTF8&psc=1

Corsair Hydro Series Extreme Performance Liquid CPU Cooler H80i - 1
http://www.amazon.com/gp/product/B009ZN03AA/ref=oh_details_o01_s00_i00?ie=UTF8&psc=1

Antec Nano Diamond Thermal Compound Formula 6 - Recommended to me
http://www.amazon.com/Antec-Diamond-Thermal-Compound-Formula/dp/B004AGXHMS

#8-32 Hex Nuts - 4
http://www.lowes.com/pd_58063-37672-490619_0__?Ntt=490619&UserSearch=490619&productId=3035951&rpp=48



Setup

Each box should contain the following:
(1) Board
(2) Finned Heatsinks
(2) Thick purple thermal pads

Thermal Pads/Finned Heatsinks go on this portion of the board


Unscrew the screws under the heatsinks


Peel off the film on the Thick purple thermal pad (Front and Back), stick one under each heatsink - *Be sure to poke holes where the screws should go*


Screw in the heatsinks to the board



Wipe all of the thermal compound off the chips (if there is any)

Wipe all of the thermal compound off the heatsink (if there is any)

Smear (Don't Dab) the Antec Nano Diamond Thermal Compound on the chips. I've been told less is more but to full cover them.

Since the H80i's mounting kit simply doesn't work with these boards you will have to do some weird stuff unless you want to buy correct standoffs (I Found that buying just the nuts was easier)

I Labeled the following image to make it easy (This is the mounting kit that comes with the H80i)

A goes under the board just as it is
D (The Standoffs) screw into A on top of the board (Longer Side)
B goes on top of the cooler first (To create spacing to get a tight fit
C goes on top of B on the cooler
Use the #8-32 Hex Nuts to attach the cooler to D (The Standoffs)


Once you are done it should look something like this:



Screw the Fan that came with the H80i onto the Radiator with the screws (E) located in the mounting kit

Now to prepare your PSU

You only need the following cables:

2 x 6 Pin PCI-E - (Plugs into the Board)
1 x 24-pin ATX cable (Paperclip trick to turn it on - http://www.seasonic.ru/media/uploads/jump-start-3.jpg)
1x Sata Power Cable (to power the pump)

Once you have the PSU setup, plug your PCI-E's into the board (Make sure your PSU is off guys!)


Plug your the cord from the Cooler into the Sata Power Cable and into the board (Sata is under the board in C) (into the board in B)
Plug your Fan on the radiator to the board on any of the open places (I put mine in A)


Now plug one of your Port USB A Female Slot Plate Adapter (5-Pin) into the board


Plug your USB 2.0 A Male to A Male Cable into the USB A Female and into your computer (host)


Download the Latest CGMiner - http://ck.kolivas.org/apps/cgminer/

Install WinUSB if needed - http://ck.kolivas.org/apps/cgminer/zadig/

Start it up and it should run!


I highly recommend you have a large fan blowing on the board to keep it cool else it WILL throttle if you try to OC it. I use one similar to this THIS
You also should have it somewhat in the air so that the bottom side of the board can be cooled as well
I also recommend using Linux with CGMiner as it has been crashing with Windows somewhat

To OC simply make a .bat file inside your CGMiner with the following conditions (Thank you MrTeal)
Code:
cgminer.exe --hfa-fan 100 --hfa-hash-clock 720
pause

Here is my mining address with 2x Prospectors on it (Prospector1 is the worker name)
http://eligius.st/~wizkid057/newstats/userstats.php/1FscNBYzd5CqDzUVQ9YapLQNtLbswkM4NL

Here is the latest screenshot of CGMiner with the 720 OC Settings


Here are some uncropped pictures Smiley

http://imgur.com/a/ymn4X#0
Ozymandias2
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
April 04, 2014, 02:29:23 PM
 #1726

1. Take the 3.5ph being manufactured this month.
I don't think all 5,000 boards will be populated with chips this month. I think a more realistic estimate would be 2-3 months

2. Mine with it.
3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle (especially since Ken said he plans on hosting a maximum of 800th/s) thereby making most of the subsequent points moot.

As long as being a Hash Fast reseller isn't our endgame, I think ActM should maximize sales so as to build up capital for mass production of ActM's own chips which should carry a greater profit margin than acting as a reseller.
JimmyJazz
Full Member
***
Offline Offline

Activity: 207
Merit: 100


View Profile
April 04, 2014, 02:34:29 PM
 #1727

1. Take the 3.5ph being manufactured this month.
I don't think all 5,000 boards will be populated with chips this month. I think a more realistic estimate would be 2-3 months

2. Mine with it.
3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle (especially since Ken said he plans on hosting a maximum of 800th/s) thereby making most of the subsequent points moot.

I don't care about facts or opinions. This is what should be done.
Ozymandias2
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
April 04, 2014, 02:36:03 PM
 #1728

1. Take the 3.5ph being manufactured this month.
I don't think all 5,000 boards will be populated with chips this month. I think a more realistic estimate would be 2-3 months

2. Mine with it.
3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle (especially since Ken said he plans on hosting a maximum of 800th/s) thereby making most of the subsequent points moot.

I don't care about facts or opinions. This is what should be done.

Well shit then, with that kind of attitude you should be a politician!  Tongue
Bargraphics
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Every man is guilty of all the good he did not do.


View Profile
April 04, 2014, 02:38:54 PM
 #1729

Ken, please do not forget the extra purple thermal pad when you ship more miners! Luckily I had some leftover thermal pad (not nearly thick enough though) from when I setup the chilis 5 months ago so I used that but I'm pretty sure that is what is throttling that particular mining a tad as the contact just simply isn't the best.
drawingthesun
Legendary
*
Offline Offline

Activity: 1176
Merit: 1015


View Profile
April 04, 2014, 02:52:09 PM
 #1730

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.
Stuartuk
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
April 04, 2014, 02:55:27 PM
 #1731

1) If the data centre reaches capacity (volume or power) then we open another one.

2) Rise repeat.

3) See above

4) There is no 4

5) Why are you still reading this?
Bargraphics
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Every man is guilty of all the good he did not do.


View Profile
April 04, 2014, 02:56:39 PM
 #1732

There are some things i would be curious to know...

1) Bargraphics, the pics you posted have a Coolit cooler. How did you get that?
2) The board is different from an "evo" one, but yet it seems to reach 750GH with ease.

Evo: http://hashfast.com/wp-content/uploads/2014/02/Yoli-Evo-board_FINAL-white-WEB-e1392926017925.png
Yours: https://i.imgur.com/D5OrSKj.jpg
First gen hf: http://hashfast.com/wp-content/uploads/2013/12/Module-Measurement1.jpg

So the board shipped is really similar to a first gen HF, just with double the hashrate and a Coolit cooler that i don't understand the source off.
Posted from Bitcointa.lk - #skhUO73fASpFLfNI

Ah, thought I answered this. Must have forgot to click post yesterday Sad

The CoolIt Cooler came already attached to my board (The first board I ordered) - I assume this was a gift from Ken for probably being the first order which I appreciated because I was able to get that board up right away without any issues.

The boards do not reach 750GH with ease. CGMiner was bugging out badly. After getting them running stable and OC to 720 Clock Speed that particular one runs at about 520GH on CGMiner which mostly corresponds with what Eligius is saying.

Ken forgot one of the purple thermal pads for the metal heatsinks and I had to use some not so great ones I had laying around. The board I put the H80i on is only getting about 505GH and I think it is because of this.

Bargraphics
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Every man is guilty of all the good he did not do.


View Profile
April 04, 2014, 02:58:46 PM
 #1733

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

They are already in talks with Ken, maybe something will work out or Ken could have it all under control. It's always nice to have options!
Ozymandias2
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
April 04, 2014, 03:00:12 PM
 #1734

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

Actually I didn't remember that, if it would not require to much effort+time+money then perhaps expanding to multiple datacenters would be the way to go though I'd have to run the math on that to confirm (and that's nigh impossible due to most variables being unknown). I suppose the best I can do is just watch what happens until more info is available (rent + power costs on datacenter(s), cost of boards, rate of production of complete miners, profit margins, etc.).


3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

They are already in talks with Ken, maybe something will work out or Ken could have it all under control. It's always nice to have options!


First Peoples ASIC, now a potential additional datacenter, why are you not on salary?
ChefBorjan
Full Member
***
Offline Offline

Activity: 148
Merit: 100


View Profile
April 04, 2014, 03:02:11 PM
 #1735

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

DTS... weren't you jumping ship the moment our shares were available again?

If you feel like leaving me a tip: 1MhxTnB5onvEMqF53TDXxVseQZzYZetxw3
cedivad
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001



View Profile
April 04, 2014, 03:02:26 PM
 #1736

Well, it's interesting to know that the board is not a first gen HF or a EVO, since that it reaches 500GH (first gen HF shouldn't, at least from the reports i remember).
And it's also interesting to know that you are going to put out 3PH this month... It's impressive.
Posted from Bitcointa.lk - #O0XuNZv2U7nQcO3c

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Bargraphics
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Every man is guilty of all the good he did not do.


View Profile
April 04, 2014, 03:13:48 PM
 #1737

First Peoples ASIC, now a potential additional datacenter, why are you not on salary?

I wish the salary would be some dividends! I have a lot of connections and I try to help out whoever I can if I see a good fit.
ChefBorjan
Full Member
***
Offline Offline

Activity: 148
Merit: 100


View Profile
April 04, 2014, 03:18:14 PM
 #1738

Well, we appreciate your efforts!

If you feel like leaving me a tip: 1MhxTnB5onvEMqF53TDXxVseQZzYZetxw3
Ozymandias2
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
April 04, 2014, 03:20:35 PM
 #1739

People keep mentioning that ActM is going to put out 3-4ph/s this month but I just cannot see that happening. The closest thing that Ken has said regarding this is:

Yes, this [EVO] is the board that we are building 5,000 in April.

As much as I want to believe that ActM will add 6-8% of the network hashrate in a single month, the above quote only references building the boards, not necessarily the completed board+chip miner. Until Ken confirms that he plans on building 5000 completed miners in April-May, I think conservatism is more appropriate.

As an added piece of speculation, the reason for adding a mere 100th/s per month to the self-mine farm is the limiting factor of chips. I do not believe ActM has thousands of chips ready to go and instead is likely buying them a couple hundred at a time which are then split into sales and the self-mine farm the revenue from which is used to buy more chips the following month. Having the boards ready made IS a good thing since the only thing that will need to be done to complete the miner is to throw the chip onto the board, but until I am corrected by Ken, I do not believe that it is a safe assumption that we will have 5000 boards AND 5000 chips this month.

First Peoples ASIC, now a potential additional datacenter, why are you not on salary?

I wish the salary would be some dividends! I have a lot of connections and I try to help out whoever I can if I see a good fit.

Your help is very much appreciated! Dividends would indeed be fantastic!
Stuartuk
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
April 04, 2014, 03:33:30 PM
 #1740

Multiple data centres is preferable to a single mega one for an important reason - fire risk. A damaged cable or water leak could cause arking then a local fire and in the dry heat with lots of air movement combustion of boards and plastics would easily occur and spread. Months of outlay and time could be lost forever inside an hour. Spread the risk.
Pages: « 1 ... 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 [87] 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 ... 272 »
  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!