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Author Topic: Need some advice  (Read 67 times)
CannonGentry
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September 06, 2019, 04:20:56 PM
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So I have 12k cash and I’m wanting to buy 4 m20s from Pangolinminer.com
They sent me an invoice for the miners all I have to do is transfer the money from my bank to theirs overseas... im very nervous.
Is this a trustworthy site to order miners from?
Also I plan on hosting my miners with Bitfund llc in Washington...
Am I making a smart move or could anyone give me any pointers.
I’ve experienced mining out of my house with some s9s but I want to change it up and go bigger.
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There are several different types of Bitcoin clients. Header-only clients like Bither trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
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Artemis3
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September 06, 2019, 04:34:40 PM
 #2

So I have 12k cash and I’m wanting to buy 4 m20s from Pangolinminer.com
They sent me an invoice for the miners all I have to do is transfer the money from my bank to theirs overseas... im very nervous.
Is this a trustworthy site to order miners from?
Also I plan on hosting my miners with Bitfund llc in Washington...
Am I making a smart move or could anyone give me any pointers.
I’ve experienced mining out of my house with some s9s but I want to change it up and go bigger.

I wonder why you went with the m20s instead of the much easier to install m20 (which has the same efficiency). But anyway i don't expect any major issue, except the slowness of a wire transfer (days or weeks), and the slight chance of your bank freezing your account. And there is also the Trump tax...

While using bitcoin the merchant (pangolinminer) would have gotten your money today, even paying the cheapest 1 sat/B transfer fee (a few cents).

So you are getting 3350W miners. I hope you are ready electric wise, as you cannot simply use what you used for S9s. You'd need more than double amp rating of everything, from wires to plugs, pdus, circuit breakers, etc.

CannonGentry
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September 06, 2019, 04:44:45 PM
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Sorry I meant the m20..
Yeah, I’m having Bitfund LLC host my miners in Washington for $197 per miner per month.
I mean I haven’t sent them the money yet. The next shipment on the miners is dec 15-30 so that’s when my miners will arrive anyways...
Have you ordered from Pangolinminer.com before? Are they safe and trustworthy
Artemis3
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September 06, 2019, 06:07:05 PM
Last edit: September 06, 2019, 08:45:59 PM by Artemis3
 #4

Sorry I meant the m20..
Yeah, I’m having Bitfund LLC host my miners in Washington for $197 per miner per month.
I mean I haven’t sent them the money yet. The next shipment on the miners is dec 15-30 so that’s when my miners will arrive anyways...
Have you ordered from Pangolinminer.com before? Are they safe and trustworthy

Various forum members have. That information is actually available somewhere within the subsections in the Mining section of the forum.

While the M20 has less power requirements, i think it still needs 2300W which is far more than the usual 1400W of an S9. Do read in the Mining Hardware section about the M20 and the M20S.

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