Group Buy for Mining in Chennai

[philiveyjr]

Hey Guys, I am fairly new to bitcoins, just joined the train in 2014. The difficulty in mining has gone up a lot in the past couple of years, and the ROI is not significant, primarily because of the electricity cost and the expenses to purchase the mining rigs. However, I have free electricity at my house, and was thinking of starting a group buy sort of thing, to collectively buy a mining rig and mine bitcoins. I am based in Chennai. So if any one from Bangalore-Chennai area might be interested in running a mining rig, or share the cost of mining rigs, I would be happy to help.

[rony_90]

check ur pm

[luciferfogg]

nice to see indians and i am in chennai too

[alpesh102]

Hey Guys, I am fairly new to bitcoins, just joined the train in 2014. The difficulty in mining has gone up a lot in the past couple of years, and the ROI is not significant, primarily because of the electricity cost and the expenses to purchase the mining rigs. However, I have free electricity at my house, and was thinking of starting a group buy sort of thing, to collectively buy a mining rig and mine bitcoins. I am based in Chennai. So if any one from Bangalore-Chennai area might be interested in running a mining rig, or share the cost of mining rigs, I would be happy to help.

hey bro. if u dont mind, would u like to tell me how can u get the free electricity?

[videoeppo]

Hey Guys, I am fairly new to bitcoins, just joined the train in 2014. The difficulty in mining has gone up a lot in the past couple of years, and the ROI is not significant, primarily because of the electricity cost and the expenses to purchase the mining rigs. However, I have free electricity at my house, and was thinking of starting a group buy sort of thing, to collectively buy a mining rig and mine bitcoins. I am based in Chennai. So if any one from Bangalore-Chennai area might be interested in running a mining rig, or share the cost of mining rigs, I would be happy to help.

Hi I am in Chennai. I made a mining rig with Raspberry Pi and ASIC miners. I used BFGminer on Raspian Wheezy by following a Youtube Vid.
But after following all instructions I am geting a "Pool setup failed". Is there anything I am missing here?

the BFGminer promts me with URL:
whn i enter details , It asks me for User name and PW.
after that it says " Pool Setup failed.

Is it because of the Port3333, Should I enable it?

I am completely new to this. I just started it as a DIY weekend project and it has bothered me a bit more!!!!

[skang]

Try this change in src/libblkmaker/base58.c around line 120

[shahadil]

Hey Guys, I am fairly new to bitcoins, just joined the train in 2014. The difficulty in mining has gone up a lot in the past couple of years, and the ROI is not significant, primarily because of the electricity cost and the expenses to purchase the mining rigs. However, I have free electricity at my house, and was thinking of starting a group buy sort of thing, to collectively buy a mining rig and mine bitcoins. I am based in Chennai. So if any one from Bangalore-Chennai area might be interested in running a mining rig, or share the cost of mining rigs, I would be happy to help.

Okay, so how many rigs can you support. is the electricity going to remain free forever. your house will have a connected load. what is it. you dont want to overload the circuit and burn down the house. do you have a spare room in your house. there will be a lot of noise, and heat as well.

[Miner Sales]

Hey,

does anyone if there are any custom duties while importing miners to Pakistan and India?!

[shahadil]

Hey,

does anyone if there are any custom duties while importing miners to Pakistan and India?!

yes custom duty applies while importing to india.

[baristor]

I would be interested in this if people wanna join in and maybe start a mining warehouse in chennai

[kdhilip75]

I am from chennai and i am also interested in minning i can also join in minning the coins, give me the details of how much the investment will be and what will be the roll , and how are we going to share the profit.

[Ikka]

Hey Guys, I am fairly new to bitcoins, just joined the train in 2014. The difficulty in mining has gone up a lot in the past couple of years, and the ROI is not significant, primarily because of the electricity cost and the expenses to purchase the mining rigs. However, I have free electricity at my house, and was thinking of starting a group buy sort of thing, to collectively buy a mining rig and mine bitcoins. I am based in Chennai. So if any one from Bangalore-Chennai area might be interested in running a mining rig, or share the cost of mining rigs, I would be happy to help.

[skang]

How do you have free elec?

[VCoinTech]

Hey Guys, I am fairly new to bitcoins, just joined the train in 2014. The difficulty in mining has gone up a lot in the past couple of years, and the ROI is not significant, primarily because of the electricity cost and the expenses to purchase the mining rigs. However, I have free electricity at my house, and was thinking of starting a group buy sort of thing, to collectively buy a mining rig and mine bitcoins. I am based in Chennai. So if any one from Bangalore-Chennai area might be interested in running a mining rig, or share the cost of mining rigs, I would be happy to help.

How much is the connected load? I mean how much load of electricity is available with you? In HP or KV?

[VRM]

Hey guys i am from coimbatore i like to start community based cloud mining farm.
May be we can help each other

[zeepavaloye]

just share what is your plan ?