New to Bitcoin need rig for college (don't pay electricity fee)

[DrG]

What says your room-mate won't also bring his/her own ASIC rig? Who gets to use the outlet?

Electricity may appear free, but it isn't.

I agree. There wasn't any reply from him. I think he is watching the thread quietly. I don't think his roommate allow to run an ASIC as it has sound which will disturb him. Won't there be any problem in college if the electricity increase a lot?
Kindly,
      MZ

Running 2 ASICs like 2 S3s isn't going to increase the bill for a large dormitory. If every student did it then yes it would, but one guy won't be singled out.  The problem I was stating was the 1 guy could burn down the dorm, or at the very least bother his roommate with 800W of 2 S3s running 24/7.

[1713578519]

1713578519

[jjc326]

Question one is whether you want to try to have fun in college and get along with people,  or you want to try to make a few bucks at the expense of friendships, etc.  Because your roommate won't want that running in your room, unless you want to split half of the profits with him possibly.

Next there is the worry about the heat issue.  Rooms or hot and cramped enough as they are.  I applaud your idea but it doesn't seem worth it. 

[lowbander80]

this is simple buy 2 s-3's and a good psu.

  it will use 640 watts.   it will hash at about 820gh.  underclock a tiny bit.  freq 212.5 vs stock 218.75


here is a good psu can run  it can run 3  s-3's with under clock  at freq 212.5  it will pull 975 watts



http://www.rakuten.com/prod/evga-supernova-1300-g2-1300w-power-supply-110-v-ac-220-v-ac-input/249973555.html




I assume   you take all responsibilities .  for fires, electrocution , gear theft,  the university getting mad you burn 1k an hour  24/7.

at 10 cents a k-watt that is $ 2.40 a day.

I pick this gear since it will reboot after a power outage/switch pools if a pool fails.  1000 watts makes a lot of heat  keep that in mind if you choose to run 3 of them.

You did not mention Noise or heat and inside a student room with probably a room-mate to disturb maybe this is a problem.
My suggestion since its for small student room it would be a  Jupiter November KNC miner 750 G/hs.
Total silence like a computer and reasonably priced nowadays.

[knt102000]

The heat and noise issue can vary from roommate to roommate. My freshman year, I ran two gaming machines 24/7 and my roommate didn't mind at all, minus his requests for me to turn the LEDs off at night. However, the power consumption can become an issue. Running those two desktops as well as an assortment of other electronics, I tripped the breaker for room several times, requiring me to call maintenance to reset it every time. The following year, I lived in a on-campus house (actual house and not dorm) and did not have any problems running any extent of power.

For those saying we are stealing....I don't think its stealing if we are being charged $60K+ a year, especially when housing is overpriced, to use an additional few hundred dollars of power....the quote of a poor college student LOL

[DrG]

The heat and noise issue can vary from roommate to roommate. My freshman year, I ran two gaming machines 24/7 and my roommate didn't mind at all, minus his requests for me to turn the LEDs off at night. However, the power consumption can become an issue. Running those two desktops as well as an assortment of other electronics, I tripped the breaker for room several times, requiring me to call maintenance to reset it every time. The following year, I lived in a on-campus house (actual house and not dorm) and did not have any problems running any extent of power.

For those saying we are stealing....I don't think its stealing if we are being charged $60K+ a year, especially when housing is overpriced, to use an additional few hundred dollars of power....the quote of a poor college student LOL

It's not stealing if you're running 1 unit since many students use their PCs and other equipment to fund their income as a student.  Students who do makeup and  spa-work in their dorm use hairdryers and lights.  People who run a website use the bandwidth and electricity.

The problem arises if you plug in 5, 10, 15 miners and are pretty much there to make an income rather than learn - then you are violating the housing agreements.

This is all irrelevant to a roomate who will put things in your bed if he/she is unhappy with you...check your toothbrush before putting it in your mouth.

[knt102000]

The heat and noise issue can vary from roommate to roommate. My freshman year, I ran two gaming machines 24/7 and my roommate didn't mind at all, minus his requests for me to turn the LEDs off at night. However, the power consumption can become an issue. Running those two desktops as well as an assortment of other electronics, I tripped the breaker for room several times, requiring me to call maintenance to reset it every time. The following year, I lived in a on-campus house (actual house and not dorm) and did not have any problems running any extent of power.

For those saying we are stealing....I don't think its stealing if we are being charged $60K+ a year, especially when housing is overpriced, to use an additional few hundred dollars of power....the quote of a poor college student LOL

It's not stealing if you're running 1 unit since many students use their PCs and other equipment to fund their income as a student.  Students who do makeup and  spa-work in their dorm use hairdryers and lights.  People who run a website use the bandwidth and electricity.

The problem arises if you plug in 5, 10, 15 miners and are pretty much there to make an income rather than learn - then you are violating the housing agreements.

This is all irrelevant to a roomate who will put things in your bed if he/she is unhappy with you...check your toothbrush before putting it in your mouth.

of course, there is an extent to which its not stealing. if you are running an entire 'farm' in there with a whole shelf of miners, then yea, that's stealing. but 5 or 10 marginal miners (S1's?) i think would be fine....when on-campus housing costs twice as much as off-campus and you're required to live on-campus, in terms of what you make off mining, probably won't even make up for the differnce in cost of housing, simply trying to support my education.

I don't see how there's a trade-off between making an income and learning. I can see tehre being a trade-off if mining requires you to pay constant attention and you're skipping classes to mine, but that wouldn't (or atleast, shouldn't) happen. Also, I don't think your own lack of learning violates any housing agreements, different case if you were disturbing others.

as for roommate...case-by-case...was with the same roommate for 3 years running, no problems at all, maybe I'm just lucky.

[xstr8guy]

10 S1s will earn about $900 per month without factoring difficulty increases. It will likely be much less than $800 per month in September and $600 in October.

But I do think it's highly unlikely that any on-campus housing will be able to handle the electrical load of 10 S1s. Maybe 3 or 4 max.

[Bitsaurus]

Most older dorms should be assumed to be 15A rated, so not more than 1.4KW continuous load.  That's 3 S1s.  If you have a large dorm maybe you get 2 circuits - so at most 6 S1s with not other devices plugged in - that means no TV, fridge, hairdryer, etc.

I've been out of college for over 10 years but I doubt it has changed much as far as housing and I can see a lot of students getting kicked out for trying to make $300 mining - I would rather grow a certain plant with that electricity 

[matty521521]

Thanks for the reply's everyone!

Plans actually changed, i'm now living in a apartment (on campus) with a shared living room/bathroom and 3 separate bedrooms inside the apartment. (I'm just wondering if considering it's not actually a "dorm", if the ampage in the living space will be larger?. Hmm

I'm capping my limit on a ASIC to $2.5K. I'm just curious on how I could be careful with my power output. I've been looking on Ebay and I came across some 1.5TH/S KNC Jupiters///Avalons///S1 Antminer farms for sale. Just curious on people thoughts about buying on ebay, let along these rigs.

Now i'll keep more up to date considering it's my last week to decide on what to do@!

All input appreciated!

[zhinkk]

As everyone will tell you, mining is not the best game to play. However, the antminers are very promising if you do decide to look into mining. They would probably be my top choice.

[Bitsaurus]

Thanks for the reply's everyone!

Plans actually changed, i'm now living in a apartment (on campus) with a shared living room/bathroom and 3 separate bedrooms inside the apartment. (I'm just wondering if considering it's not actually a "dorm", if the ampage in the living space will be larger?. Hmm

I'm capping my limit on a ASIC to $2.5K. I'm just curious on how I could be careful with my power output. I've been looking on Ebay and I came across some 1.5TH/S KNC Jupiters///Avalons///S1 Antminer farms for sale. Just curious on people thoughts about buying on ebay, let along these rigs.

Now i'll keep more up to date considering it's my last week to decide on what to do@!

All input appreciated!

If you buy BTC now with the $2.5K you'll get 4.32BTC.  If you purchased a fleet of S3s and psus you might have about 4.6-5BTC after all the costs.  Buying the above noted eBay equipment will give you more hash but will cost you terribly with electricity costs and the resulting heat from the inefficient old beasts.

If you have the tolerance to mine go with S3s, otherwise spend 1-2 days circling an exchange like a hawk and buy BTC on a dip and then enjoy school and not have to worry about heat and noise.

[BitcoinAddicts]

You should worry about the heat, most college don't have good ventilation...

[matty521521]

Thanks for the reply's everyone!

Plans actually changed, i'm now living in a apartment (on campus) with a shared living room/bathroom and 3 separate bedrooms inside the apartment. (I'm just wondering if considering it's not actually a "dorm", if the ampage in the living space will be larger?. Hmm

I'm capping my limit on a ASIC to $2.5K. I'm just curious on how I could be careful with my power output. I've been looking on Ebay and I came across some 1.5TH/S KNC Jupiters///Avalons///S1 Antminer farms for sale. Just curious on people thoughts about buying on ebay, let along these rigs.

Now i'll keep more up to date considering it's my last week to decide on what to do@!

All input appreciated!

If you buy BTC now with the $2.5K you'll get 4.32BTC.  If you purchased a fleet of S3s and psus you might have about 4.6-5BTC after all the costs.  Buying the above noted eBay equipment will give you more hash but will cost you terribly with electricity costs and the resulting heat from the inefficient old beasts.

If you have the tolerance to mine go with S3s, otherwise spend 1-2 days circling an exchange like a hawk and buy BTC on a dip and then enjoy school and not have to worry about heat and noise.

http://gawminers.com/

Is this site legit? I will be ordering this week if it is!

[Muhammed Zakir]

Thanks for the reply's everyone!

Plans actually changed, i'm now living in a apartment (on campus) with a shared living room/bathroom and 3 separate bedrooms inside the apartment. (I'm just wondering if considering it's not actually a "dorm", if the ampage in the living space will be larger?. Hmm

I'm capping my limit on a ASIC to $2.5K. I'm just curious on how I could be careful with my power output. I've been looking on Ebay and I came across some 1.5TH/S KNC Jupiters///Avalons///S1 Antminer farms for sale. Just curious on people thoughts about buying on ebay, let along these rigs.

Now i'll keep more up to date considering it's my last week to decide on what to do@!

All input appreciated!

If you buy BTC now with the $2.5K you'll get 4.32BTC.  If you purchased a fleet of S3s and psus you might have about 4.6-5BTC after all the costs.  Buying the above noted eBay equipment will give you more hash but will cost you terribly with electricity costs and the resulting heat from the inefficient old beasts.

If you have the tolerance to mine go with S3s, otherwise spend 1-2 days circling an exchange like a hawk and buy BTC on a dip and then enjoy school and not have to worry about heat and noise.

http://gawminers.com/

Is this site legit? I will be ordering this week if it is!

Yes, it is! You can buy from it. Buy carefully as there is cloud mining option.
Kindly,
    MZ

[matty521521]

Thanks for the reply's everyone!

Plans actually changed, i'm now living in a apartment (on campus) with a shared living room/bathroom and 3 separate bedrooms inside the apartment. (I'm just wondering if considering it's not actually a "dorm", if the ampage in the living space will be larger?. Hmm

I'm capping my limit on a ASIC to $2.5K. I'm just curious on how I could be careful with my power output. I've been looking on Ebay and I came across some 1.5TH/S KNC Jupiters///Avalons///S1 Antminer farms for sale. Just curious on people thoughts about buying on ebay, let along these rigs.

Now i'll keep more up to date considering it's my last week to decide on what to do@!

All input appreciated!

If you buy BTC now with the $2.5K you'll get 4.32BTC.  If you purchased a fleet of S3s and psus you might have about 4.6-5BTC after all the costs.  Buying the above noted eBay equipment will give you more hash but will cost you terribly with electricity costs and the resulting heat from the inefficient old beasts.

If you have the tolerance to mine go with S3s, otherwise spend 1-2 days circling an exchange like a hawk and buy BTC on a dip and then enjoy school and not have to worry about heat and noise.

http://gawminers.com/

Is this site legit? I will be ordering this week if it is!

Yes, it is! You can buy from it. Buy carefully as there is cloud mining option.
Kindly,
    MZ

Is it true that If I don't want the cloud mining option you have to wait 30 days to receive your equipment? I sent out a email but they haven't responded!

[pudah]

They will send the equiment when you ask them to ship it if you buy a hosted miner. Would be wiser to run it for the 30 days, then get it shipped after if you got for a hosted miner.