Malaysia

[talexeh]

daggeteo has released the Q&A that he had with KNCMiner. Read away:
https://docs.google.com/document/d/15js8JsyHAiGoq_ELzx0hxG4xdA9ePJrhrc8y2bbWbRc/edit

u trust them?

Honestly, it's getting harder to trust anyone in the bitcoin community these days. People especially conmen have come to realize that ASIC is in high demand & everyone's trying to get a piece before the mining difficulty goes up another notch. Just check https://bitcointalk.org/index.php?board=76.0 & see how many people are coming up with weird & near-impossible ASIC specifications. Yet, we still have people investing in them & ended up being burned.

Back to KNCMiner, the risk is too big for me to bear alone, hence the reason why I rather pay a miniscule price for a group buy & get a small piece of the pie. The old adage of "big risk, big gain" holds especially true here.

[1713884403]

1713884403

[1713884403]

1713884403

[ninjaboon]

@cloudstrife07 - I never thought of that. Maybe its time I find a data centre solution to mitigate the power risk.

Anyway, I wonder how some people can do mining at home, unless they changed the meter to 3 phase, changed the Distribution Box and additional wiring.

For nomal 1 phase meter home:

1 home socket = 13A.

1 rig 1200w = 5A.

so you can go max 2 rig per socket, unless u route the 20A MCB (mini circuit breaker) from the DB which is usually used for airconds to power your rigs. 

[cloudstrife07]

@cloudstrife07 - I never thought of that. Maybe its time I find a data centre solution to mitigate the power risk.

Anyway, I wonder how some people can do mining at home, unless they changed the meter to 3 phase, changed the Distribution Box and additional wiring.

For nomal 1 phase meter home:

1 home socket = 13A.

1 rig 1200w = 5A.

so you can go max 2 rig per socket, unless u route the 20A MCB (mini circuit breaker) from the DB which is usually used for airconds to power your rigs.  

too expensive. see here for example: http://www.aims.com.my/colocation-services/co-location-package-and-pricing-in-malaysia/

unless you're going to have an ASIC farm of 2TH/s and above, i don't think it's feasible to use a datacenter.

if mining LTC or other alt coins, the electricity is going to be really expensive there. hence, i guess it's better to rent an office shoplot and put them there. a shoplot if im not mistaken has 200A, so can house maximum 30 rigs there + aircond. you wouldnt want to put more, it's risky as it's nearing the 200A current. 1 shoplot can easily get around MYR1000. cheaper than datacenter.

but well, for datacenter, there's 'free' aircond and 'free' internet already with 24/7 power. (the MYR3000 u paid every month is for that  )

[ninjaboon]

I'll only bring up the DC solution for customers having  ASIC farm of 2TH/s and above. thanks for reminder.

@cloudstrife07 - I never thought of that. Maybe its time I find a data centre solution to mitigate the power risk.

Anyway, I wonder how some people can do mining at home, unless they changed the meter to 3 phase, changed the Distribution Box and additional wiring.

For nomal 1 phase meter home:

1 home socket = 13A.

1 rig 1200w = 5A.

so you can go max 2 rig per socket, unless u route the 20A MCB (mini circuit breaker) from the DB which is usually used for airconds to power your rigs.  

too expensive. see here for example: http://www.aims.com.my/colocation-services/co-location-package-and-pricing-in-malaysia/

unless you're going to have an ASIC farm of 2TH/s and above, i don't think it's feasible to use a datacenter.

if mining LTC or other alt coins, the electricity is going to be really expensive there. hence, i guess it's better to rent an office shoplot and put them there. a shoplot if im not mistaken has 200A, so can house maximum 30 rigs there + aircond. you wouldnt want to put more, it's risky as it's nearing the 200A current. 1 shoplot can easily get around MYR1000. cheaper than datacenter.

but well, for datacenter, there's 'free' aircond and 'free' internet already with 24/7 power. (the MYR3000 u paid every month is for that  )

[AmeiN]

Hi guys..

Just start mining yesterday.. 

Recommend me good software to used and which site can i manage my coin..

thanks

[talexeh]

Hi guys..

Just start mining yesterday.. 

Recommend me good software to used and which site can i manage my coin..

thanks

Software to mine or as a wallet?

If it's mind, use cgminer. For wallet, I go for blockchain.info but you can also try coinbase.

Colour me curious but what are you using to mine BTC? GPU?

[ninjaboon]

BTC <> MYR on xe.com

http://www.xe.com/currencycharts/?from=XBT&to=MYR

 

[talexeh]

And another company just pop out of nowhere, offering what else but ASIC again.

http://asicdevelopmentcompany.com/

[xenofanesSkarak]

And another company just pop out of nowhere, offering what else but ASIC again.

http://asicdevelopmentcompany.com/

hello thank you for interesting link

[talexeh]

And another company just pop out of nowhere, offering what else but ASIC again.

http://asicdevelopmentcompany.com/

hello thank you for interesting link

Not sure if serious or...

[Sp4Rta]

Salam/Selamat Sejahtera semua.. newbie here.. 

[Sp4Rta]

BTC <> MYR on xe.com

http://www.xe.com/currencycharts/?from=XBT&to=MYR

 

thanks bro for sharing.. 

[ninjaboon]

BTC <> MYR on xe.com

http://www.xe.com/currencycharts/?from=XBT&to=MYR

 

thanks bro for sharing.. 

welcomed!

[Big Toe]

Malaysia is great

[ninjaboon]

Malaysia is great

agree, although the haze from Indonesia is giving me an itchy throat.

[Albert Speer]

Malaysian parents here

[MYCoiN]

Hii to all Malaysian.. 

[ninjaboon]

Hii to all Malaysian..  

new members of btctalk : welcome!

I've got a new forum just for malaysians.
hope you can join in and post over  there.
https://moot.it/bitcoinmalaysia

[derekleong75]

Group Buy #1 - Block Erupter USB

Hi all,

I have started a group buy for the USB Block Erupters since they are now lower in price.
Group buy open to SG/MY only.  I have posted it on my blog at http://sgminingconsortium.wordpress.com for easy updates.
Please take a look and support me if you are in the market for some.  Feel free to PM me as well for any queries.

Regards.
Derek

[ninjaboon]

Group Buy #1 - Block Erupter USB

Hi all,

I have started a group buy for the USB Block Erupters since they are now lower in price.
Group buy open to SG/MY only.  I have posted it on my blog at http://sgminingconsortium.wordpress.com for easy updates.
Please take a look and support me if you are in the market for some.  Feel free to PM me as well for any queries.

Regards.
Derek

yes, saw that. will drop you an email.