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Author Topic: Single VS Rigbox  (Read 2481 times)
boconniff40
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March 02, 2012, 09:06:54 PM
 #21


IN CONCLUSION, 1 unit of Rig Box will earn you $117,502.21 per year. 100 units = $11,750,221 (PER YEAR)


I see no mention of the increased difficulty in your 100 unit example here, you would be adding ~50% extra capacity to the network raising the diff by that much. So once it raised in about a week you would be roughly 1/3 of the network for 2400*$5*365=$4,380,000 returned for the year at a stable price of $5 a coin with free electricity as you don't include that either. And the electricity used would be substantial even for them boxes the ~800mh/s singles get that with ~80 watts from all reports I have seen so 1 watt per 10 mh/s or 500,000 watts for the farm of 100 rig boxes, you would need your own sub-station for that hell maybe even your own power plant. For that kind of energy use I would suggest building in northern Quebec close to James Bay to get some cheap rates directly from a spur line from their hydro plants with the added bonus of it being nice and cool year round saving on the massive AC bill that would be coming your way...

No need for airconditioning at all, it's inefficient. Stick to liquid cooling or peltier.
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Gerald Davis


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March 02, 2012, 09:10:06 PM
 #22

In terms of electricity, even if I did have to pay, it's just 7 cents per kWh in Ontario(that's per 1000 kWh).

No thats per kWh.  Nobody pays per 1000 kWh = 1 MWh.

boconniff40
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March 02, 2012, 09:14:56 PM
 #23

In terms of electricity, even if I did have to pay, it's just 7 cents per kWh in Ontario(that's per 1000 kWh).

No thats per kWh.  Nobody pays per 1000 kWh = 1 MWh.



Uh no lol, all I was saying is that you get charged 7.1 cents per kWh per 1000 kWh. Rates my increase or decrease. All I know is that commercial spaces pay significantly less in Ontario Canada.
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Gerald Davis


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March 02, 2012, 09:19:30 PM
 #24

Uh no lol, all I was saying is that you get charged 7.1 cents per kWh per 1000 kWh.

That is like saying I get paid $42 per hour per hour.  
Or my truck gets 15 miles per gallon per gallon.
Or UPS charged me $4 per pound per pound to deliver a package.

Electricity is charger per kWh not per kWh per 1000 kWh that doesn't make any sense.
boconniff40
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March 02, 2012, 09:25:25 PM
 #25

CORRECTION

First 1000 Kilowatt Hours per month:   7.1 cents/kWh
Above 1000 kWh:   8.3 cents/kWh

http://www.ontario-hydro.com/index.php?page=current_rates

CHECK THE BOTTOM OF THE PAGE
DILLIGAF
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March 02, 2012, 10:27:53 PM
 #26


IN CONCLUSION, 1 unit of Rig Box will earn you $117,502.21 per year. 100 units = $11,750,221 (PER YEAR)


I see no mention of the increased difficulty in your 100 unit example here, you would be adding ~50% extra capacity to the network raising the diff by that much. So once it raised in about a week you would be roughly 1/3 of the network for 2400*$5*365=$4,380,000 returned for the year at a stable price of $5 a coin with free electricity as you don't include that either. And the electricity used would be substantial even for them boxes the ~800mh/s singles get that with ~80 watts from all reports I have seen so 1 watt per 10 mh/s or 500,000 watts for the farm of 100 rig boxes, you would need your own sub-station for that hell maybe even your own power plant. For that kind of energy use I would suggest building in northern Quebec close to James Bay to get some cheap rates directly from a spur line from their hydro plants with the added bonus of it being nice and cool year round saving on the massive AC bill that would be coming your way...

I wasn't aware of the increase in difficulty, can't say I've read that in the official web archives. In terms of electricity, even if I did have to pay, it's just 7 cents per kWh in Ontario(that's per 1000 kWh). The rig box consumes 2,500 kWh x 24 hours = 60,000 kWh/1000 kWh x .07 cents = $4.2 per day x 365 days = $1,533 per year per unit x 100 units = $153,000. Taking the above quote into context $153k out of 4-11 million is really negligible and even more so of $1.5k out of 117k.

If I wanted to cut my electrical costs, I would get commercial space thus lowering my kWh to 3 cents, cutting elec costs by half.

If that rig box is using the same chips as the singles then it consumes 50gh/s/800mh/s=62.5*80w=5000w a box 24/7 and you will have to go commercial power or re-wire your entire apartment to run a couple of them boxes no way in hell you can plug even one into a normal socket/circuit as they only give you a max power draw of 1800w at a time you would need a 42a circuit to run one on 120v power. And your power calculations are wacked I use three normal 15a circuits to run my rigs consuming roughly 4500-5000w I figure @12cents top rate it costs me roughly $300 a month so at 8 cents that same bill would be $200 a month or $2400 a year for you. As well it would be the $4m return not your crazy $11m at a cost of $3m+ to purchase the rig boxes and ~$200,000/year for the power. There is no way you are getting that for 3 cents that is below the cost of production for even hydro power the cheapest source on the planet, let alone the nuclear and coal power you have in Ontario.
boconniff40
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March 02, 2012, 10:33:38 PM
 #27

I ACTUALLY already DID find something cheaper than hydro... it's called green energy at 3 cents per kWh... come check it out...

https://www.bullfrogpower.com/signup/signup.cfm?p=5
boconniff40
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March 02, 2012, 10:35:27 PM
 #28

Also can we please go by what the manufacturer has stated on their website of 2,500 w/h... there is no reason for the manufacturer to lie.

Also please note I edited some of my above posts.
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Gerald Davis


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March 02, 2012, 10:38:16 PM
 #29

Also can we please go by what the manufacturer has stated on their website of 2,500 w/h... there is no reason for the manufacturer to lie.

Also please note I edited some of my above posts.

Your new.  BFL also claimed the single would get 1.05 GH/s @ 20W.  They were slightly off.    It gets 800 MH/s @ 80W.
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March 02, 2012, 10:39:04 PM
 #30

Also can we please go by what the manufacturer has stated on their website of 2,500 w/h... there is no reason for the manufacturer to lie.

Also please note I edited some of my above posts.

Not when they stated 20w for the singles when in reality they consume 80w+ so they have lied in the past...
btctraderr
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March 02, 2012, 10:39:47 PM
 #31

The Rigbox is not a straight duplication of the Singles board, Sonny has mentioned this. Nobody quite knows what's in there yet.
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Gerald Davis


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March 02, 2012, 10:40:04 PM
 #32

I ACTUALLY already DID find something cheaper than hydro... it's called green energy at 3 cents per kWh... come check it out...

https://www.bullfrogpower.com/signup/signup.cfm?p=5

You have a really tough time comprehending numbers don't you?

"You will continue to receive a bill from your current electricity and/or natural gas provider, and Bullfrog will send you a separate bill for the additional cost of greening your services"
boconniff40
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March 02, 2012, 10:40:43 PM
 #33

Also can we please go by what the manufacturer has stated on their website of 2,500 w/h... there is no reason for the manufacturer to lie.

Also please note I edited some of my above posts.

Your new.  BFL also claimed the single would get 1.05 GH/s @ 20W.  They were slightly off.    It gets 800 MH/s @ 80W.

Ummm... BFL states on their webpage... "832 Mega Hash / s @ 80w" for the single... you may want to double check that website again.

As for the rig box, it states it consumes 2,500 watts of energy per hour and produces 50.4 gigahash.
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Gerald Davis


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March 02, 2012, 10:41:28 PM
 #34

The Rigbox is not a straight duplication of the Singles board, Sonny has mentioned this. Nobody quite knows what's in there yet.

Right but the point is BFL was off, not off by 5% or 20% but off by 400% when it came to the power requirements of the Single.  Given that to think the specs on a rig box nobody has seen and likely doesn't even exist yet aren't subject to change is silly.
boconniff40
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March 02, 2012, 10:41:45 PM
 #35

I ACTUALLY already DID find something cheaper than hydro... it's called green energy at 3 cents per kWh... come check it out...

https://www.bullfrogpower.com/signup/signup.cfm?p=5

You have a really tough time comprehending numbers don't you?

"You will continue to receive a bill from your current electricity and/or natural gas provider, and Bullfrog will send you a separate bill for the additional cost of greening your services"

Yeah? Where' s the numbers with your quotation?
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March 02, 2012, 10:43:17 PM
 #36

Single
$599 @ 832 mhash
OR
(x1000)
$599,000 @ 83.2 ghash/832,000 mhash
(/10)
$59,900 @ 8.32 ghash

Please correct this horrible display of math skills.
boconniff40
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March 02, 2012, 10:43:21 PM
 #37

The Rigbox is not a straight duplication of the Singles board, Sonny has mentioned this. Nobody quite knows what's in there yet.

Right but the point is BFL was off, not off by 5% or 20% but off by 400% when it came to the power requirements of the Single.  Given that to think the specs on a rig box nobody has seen and likely doesn't even exist yet aren't subject to change is silly.

Okay that's nice... maybe you're not getting the point of why I keep talking about electrical prices here.

I still have the option of getting a commercial rate for electricity, which is really optimal because I really don't want to have so many rig boxes at my house.
DILLIGAF
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March 02, 2012, 10:45:48 PM
 #38

Also can we please go by what the manufacturer has stated on their website of 2,500 w/h... there is no reason for the manufacturer to lie.

Also please note I edited some of my above posts.

Your new.  BFL also claimed the single would get 1.05 GH/s @ 20W.  They were slightly off.    It gets 800 MH/s @ 80W.

Ummm... BFL states on their webpage... "832 Mega Hash / s @ 80w" for the single... you may want to double check that website again.

As for the rig box, it states it consumes 2,500 watts of energy per hour and produces 50.4 gigahash.

Now once the boxes are out in the wild tested by people they claim that, before it was 20w claimed and as others have pointed out to you there is a considerable difficulty in comprehending numbers on your part.
boconniff40
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March 02, 2012, 10:47:24 PM
 #39

Had to correct myself... lowest residential electricity price I can get is 5.5 cents per kWh for the first 5 years. http://www.canadaenergy.ca/index.php?hydro=residential
DeathAndTaxes
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Gerald Davis


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March 02, 2012, 10:49:08 PM
 #40

Had to correct myself... lowest residential electricity price I can get is 5.5 cents per kWh for the first 5 years. http://www.canadaenergy.ca/index.php?hydro=residential

Wrong again.
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