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[selfblumpkin]

So I've got a question for you guys.

I'm currently drawing up a business plan for an absurd amount of miners. I might aim for a state in the US with super cheap electric (looking at you Washington), supplemented with either one VERY large wind turbine (1MWh, which i believe is about a million dollars, at least it was when i was working in solar in 2010)

Would the pool be open to having a silly amount of hash rate added to it, or is it kind of in a sweet spot right now where say 50-70PH would hurt the pools share to solve ratio?
<snip>

Depends on what you think a silly amount of hash is! A kilo? Jk, actually kano has stated that he'd let the pool grow to a max of 10% of total network, which is 250,000 THS approx.
How silly can you get?  

If this guys got the money i think he does, pretty goddamn silly. I'd be targeting a renewable friendly state that the SREC market (solar renewable energy credits) isn't already dead (like cali and jersey). That state also has to have low electric costs (looking for 10 cents).

1 MWh either wind (1.2 million, just checked) or a warehouse with enough roof, or a field with enough space for 1 MHw of solar panels (also about a million dollars) would be ideal. I'd only be paying for power during the night (with solar) or when the wind is crap (with wind power). I could also oversize the solar so that with batteries (now we're talking 1.3 to 1.5 million) i could basically run 50 PH without giving the power company a dime.

*edit* : I think with the firesale bitmain has going on right now i could supplement the cost of renewables in saving money on the PH's alone

[selfblumpkin]

Also: personal question for Kano.

Do you believe that your insanely optimized pool software has even the slightest bit to do with how lucky we are?

[rifleman74]

So I've got a question for you guys.

I'm currently drawing up a business plan for an absurd amount of miners. I might aim for a state in the US with super cheap electric (looking at you Washington), supplemented with either one VERY large wind turbine (1MWh, which i believe is about a million dollars, at least it was when i was working in solar in 2010)

Would the pool be open to having a silly amount of hash rate added to it, or is it kind of in a sweet spot right now where say 50-70PH would hurt the pools share to solve ratio?
<snip>

Depends on what you think a silly amount of hash is! A kilo? Jk, actually kano has stated that he'd let the pool grow to a max of 10% of total network, which atm is 2,500,000 THs approx. (2,500 PHs or 2.5 EHs)
How silly can you get?   (Top Secret anyone?)

Skeet shooting surfing?

[selfblumpkin]

So I've got a question for you guys.

I'm currently drawing up a business plan for an absurd amount of miners. I might aim for a state in the US with super cheap electric (looking at you Washington), supplemented with either one VERY large wind turbine (1MWh, which i believe is about a million dollars, at least it was when i was working in solar in 2010)

Would the pool be open to having a silly amount of hash rate added to it, or is it kind of in a sweet spot right now where say 50-70PH would hurt the pools share to solve ratio?
<snip>

Depends on what you think a silly amount of hash is! A kilo? Jk, actually kano has stated that he'd let the pool grow to a max of 10% of total network, which atm is 2,500,000 THs approx. (2,500 PHs or 2.5 EHs)
How silly can you get?   (Top Secret anyone?)

Skeet shooting surfing?

hahaha wut?

[rifleman74]

So I've got a question for you guys.

I'm currently drawing up a business plan for an absurd amount of miners. I might aim for a state in the US with super cheap electric (looking at you Washington), supplemented with either one VERY large wind turbine (1MWh, which i believe is about a million dollars, at least it was when i was working in solar in 2010)

Would the pool be open to having a silly amount of hash rate added to it, or is it kind of in a sweet spot right now where say 50-70PH would hurt the pools share to solve ratio?
<snip>

Depends on what you think a silly amount of hash is! A kilo? Jk, actually kano has stated that he'd let the pool grow to a max of 10% of total network, which atm is 2,500,000 THs approx. (2,500 PHs or 2.5 EHs)
How silly can you get?   (Top Secret anyone?)

Skeet shooting surfing?

hahaha wut?

You quoted a Top Secret? quote and don't remember this?   https://www.youtube.com/watch?v=7f_19nxNfjs

[selfblumpkin]

ohhhh lol. The guy who answered me quoted it.

Didn't catch the reference.

[rifleman74]

ohhhh lol. The guy who answered me quoted it.

Didn't catch the reference.

And I can't read.  hahahaha


MINE ON WITH KANO-SAN!

[kano]

So I've got a question for you guys.

I'm currently drawing up a business plan for an absurd amount of miners. I might aim for a state in the US with super cheap electric (looking at you Washington), supplemented with either one VERY large wind turbine (1MWh, which i believe is about a million dollars, at least it was when i was working in solar in 2010)

1MW isn't a lot - it's about 800 miners = about 10PH

Imagine what sidewinder has at his data centre (yeah I've been there)

The pool can handle anything you can throw at it

My preference is 5% of the network, with a limit of 10% of the network.

5% means that on average there's 7.2 blocks a day - so even on a 720% diff block it's only one day.
720% diff blocks happen, on average, 1 in 1339.4 blocks, so at 7.2 a day, that's, on average, once every 186 days = about twice a year we'd have days without a block.

...
TL;DR There's a 30-40% chance I'll be commanding 50+PH pretty soon. Show of hands of people who would want that on Kano and who would not. I'm a strong believer in shared luck, and my initial math for pooled mining on this pool (february luck levels included) looks positive so far.
...

Well as you can see - sidewinder is that size ...
He'd be happy to have someone else on the pool that size, so he's not the only very large miner here.

Obviously talk to Canaan also - they're A841 miners are better performance/less Watt per TH than Bitmain S9 also.

[kano]

Also: personal question for Kano.

Do you believe that your insanely optimized pool software has even the slightest bit to do with how lucky we are?

Luck is luck - a measure of the past.

Unless you're a gambling addict - take that as fact.

Long term luck is expected to approach 100% ... as it does here also.

[selfblumpkin]

So I've got a question for you guys.

I'm currently drawing up a business plan for an absurd amount of miners. I might aim for a state in the US with super cheap electric (looking at you Washington), supplemented with either one VERY large wind turbine (1MWh, which i believe is about a million dollars, at least it was when i was working in solar in 2010)

1MW isn't a lot - it's about 800 miners = about 10PH

Imagine what sidewinder has at his data centre (yeah I've been there)

The pool can handle anything you can throw at it

My preference is 5% of the network, with a limit of 10% of the network.

5% means that on average there's 7.2 blocks a day - so even on a 720% diff block it's only one day.
720% diff blocks happen, on average, 1 in 1339.4 blocks, so at 7.2 a day, that's, on average, once every 186 days = about twice a year we'd have days without a block.

...
TL;DR There's a 30-40% chance I'll be commanding 50+PH pretty soon. Show of hands of people who would want that on Kano and who would not. I'm a strong believer in shared luck, and my initial math for pooled mining on this pool (february luck levels included) looks positive so far.
...

Well as you can see - sidewinder is that size ...
He'd be happy to have someone else on the pool that size, so he's not the only very large miner here.

Obviously talk to Canaan also - they're A841 miners are better performance/less power per Watt than Bitmain S9 also.

Holy crap where did my math go wrong on the power, you're 100% correct 800 * 1370 = 1,096,000

Thank you for the info. Once i get passed the business plan ill reach out.

[selfblumpkin]

Also: personal question for Kano.

Do you believe that your insanely optimized pool software has even the slightest bit to do with how lucky we are?

Luck is luck - a measure of the past.

Unless you're a gambling addict - take that as fact.

Long term luck is expected to approach 100% ... as it does here also.

truth. i guess it might matter on Chinese pools where there's seconds between blocks, but it's likely never made a difference here.

Sure do love how fast data refreshes though

[kano]

I made a typo there by the way
Corrected above

Obviously talk to Canaan also - they're A841 miners are better performance/less Watt per TH than Bitmain S9 also.

[selfblumpkin]

I made a typo there by the way
Corrected above

Obviously talk to Canaan also - they're A841 miners are better performance/less Watt per TH than Bitmain S9 also.

iiiinteresting. i hear they're far more stable too.

[Blokforge]

I made a typo there by the way
Corrected above

Obviously talk to Canaan also - they're A841 miners are better performance/less Watt per TH than Bitmain S9 also.

iiiinteresting. i hear they're far more stable too.

More stable for sure...........

[kano]

Oh also - I was about to post about a failover when I got sidetracked on the posts above

The LA half of the stratum.kano.is node did a double failover at 03:22 UTC (the 2nd time 4 minutes later)

So half the miners on stratum.kano.is will have failed over to their 2nd pool for about 10 minutes at 03:22
Hopefully you all have another *.kano.is node as the 2nd pool so you failed over to here also!

Mine On!

[selfblumpkin]

I made a typo there by the way
Corrected above

Obviously talk to Canaan also - they're A841 miners are better performance/less Watt per TH than Bitmain S9 also.

iiiinteresting. i hear they're far more stable too.

More stable for sure...........

I mean i havent had a problem with a shitminer yet, but it's been since jan 5 in winter.

I have each one ducted into attic space and then i have high powered fans moving into the mining space and clearing the attic. it's only 17 (18 tomorrow)

[maddadata]

Oh also - I was about to post about a failover when I got sidetracked on the posts above

The LA half of the stratum.kano.is node did a double failover at 03:22 UTC (the 2nd time 4 minutes later)

So half the miners on stratum.kano.is will have failed over to their 2nd pool for about 10 minutes at 03:22
Hopefully you all have another *.kano.is node as the 2nd pool so you failed over to here also!

Mine On!

Thats wierd!  one of my miners failed over and one didn't...exactly as you predicted!

[clgrissom3]

Oh also - I was about to post about a failover when I got sidetracked on the posts above

The LA half of the stratum.kano.is node did a double failover at 03:22 UTC (the 2nd time 4 minutes later)

So half the miners on stratum.kano.is will have failed over to their 2nd pool for about 10 minutes at 03:22
Hopefully you all have another *.kano.is node as the 2nd pool so you failed over to here also!

Mine On!

Thanks Kano!  Never even noticed

[ccgllc]

Holy crap where did my math go wrong on the power, you're 100% correct 800 * 1370 = 1,096,000

Thank you for the info. Once i get passed the business plan ill reach out.

Also chuckled when you said "a warehouse with a roof big enough".   Basic solar math, presuming you want to run on 13.5TH S9, with a real world consumption of around 1450 watts:

* (1) typical panel, lets say a 130W one, will produce about 4 hours of power a day at 80% of its rated rate (since the rated rate is optimal during noon soon in the tropics):  130*0.8*4=416 watts per panel per day
* Each miner therefore requires about 3.5 panels
* 1 megawatts of power = (690) 1450W miners = 2,145 panels at about a square meter each, so call it 21,450 square feet of roof space over a data center that doesn't need to be over 2000 square feet in size, likely larger.

But wait...  Nobody is going it invest that type of money to run miners for 4 hours a day, so lets add batteries and enough panels to run for a full 24 hours:  80% efficient charging batteries = 2145*6/0.8 = 16,100 panels.  So about $2M in panels.  Batteries to carry say, 3 days of clouds, will match that cost.  So now your at $4M.  Oh, but wait again... we only have enough panels to keep ourself running for 24 hours and now, after a cloudy day or three, we need to run AND charge those batteries.  Better double the array size (now $4M and 32,200 panels).  Plus battery chargers, inverters, etc.  Add at least another $2M.  

So, we have $6M in solar infrustructure to run 690 miner at something like $1300 each current pricing (sorry, Bitmain doesn't have 13.5's listed right now, which this math is based on); eg. ~$900K in miners.
At $0.10/kwh, and 1MW of required current, each hour cost $100.  So in about 7 years you will break even.  Except that your batteries will likely have been replaced once in that timeframe and likely be coming due for a second round, at $2M  a pop.  Good news, electronics are likely good for 10-15 years.

Oh, and since we now have 32,200 panels in our little setup, your going to need about 320,000 square feet of south facing roof.  That just a bit over 7 acres ON THE SOUTH SIDE.  So a 640,000 square foot warehouse of which you will be using around 2000 square feet.  Or perhaps you could find a 6000 square foot building and provide about 1% of your power for a mere $60,000 - but why bother.

Granted, you could grid tie, and eliminate the batteries and half the electronics, but then you need to deal with paying retail power rates and likely being credited wholesale power rates.   Not aware of many NEW grid tied solar contracts that allow for reversible meters like they use too.  They electric companies have wised up and paid off the right politicians to protect their turf.

[swanny88]

Oh also - I was about to post about a failover when I got sidetracked on the posts above

The LA half of the stratum.kano.is node did a double failover at 03:22 UTC (the 2nd time 4 minutes later)

So half the miners on stratum.kano.is will have failed over to their 2nd pool for about 10 minutes at 03:22
Hopefully you all have another *.kano.is node as the 2nd pool so you failed over to here also!

Mine On!

I'm in the east coast of the US.  Is this the best setup?

primary: stratum+tcp://nya.kano.is:3333
2nd stratum+tcp://stratum.kano.is:3333