coinits
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April 20, 2015, 06:12:05 PM |
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Well, I think it is only fair to state, that they now provided an update on the situation, which reads in short as:
- the network crashed - it had to be rebuilt and this work has been completed - adequate power, cooling, and networking to hash has been restored
There seems to be a particular problem regarding spoondoolies remaining, which may require more invasive procedures (reflashing).
There is still non of our S5 online, but I keep you updated here.
Matters seem to stabilize now. We have like 20% of hashing power online. So, IMHO any take-the-money-and-run scenario is off the table. What remains is the impression, that their business is being run by inexperienced rookies, that are making their first attempts at running an operation of this scale. I value their courage and hope, that they get everything straightened up by this week. I am always for second chances. I will update, when we see 100% A good sign. Keep us updated.
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Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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CryptoCoin2015
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April 20, 2015, 09:20:11 PM |
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A good sign. Keep us updated.
Not really. After some mails last night no contact for the whole day and no improvement of the situation either. So, for the moment: Keep your hands away. They seem to be to be overwhelmed by their troubles and their incompetency in solving any issue in time or proving a reliable ETA for resolution is no foundation at all for new customers to consider their services. Need to find a good lawyer in Washington State, so if anyone got any recommendations ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Are there other agencies to whom this should be reported? As it is B2B I guess no one is really interested in pursuing this other than us taking this to court?
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toptekk
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April 21, 2015, 12:11:51 AM |
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wow nice whats it going to start at 70 PH or more ?) .
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alh
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April 21, 2015, 01:28:38 AM |
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wow nice whats it going to start at 70 PH or more ?) .
No way to know, since it's a hosting facility, and not a private mine. Also based on the comments from the last few days, it may be at closer to 0Ph for now. Nice pictures, not sure about the actual result.
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timk225
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April 21, 2015, 11:29:56 AM |
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Either the mining facility has a good internet connection, or they don't. Either they have electricity, or they don't. So where does this crap about 20% hashing power com from? If some switch gear failed, all they need to do is reprogram / replace the affected switches to get it back online. That does not take days, unless they had to order parts.
With every passing day I grow more suspicious of this big farm's ultimate goal. Part of me wonders why they would do that extreme amount of work if they intended to scam and run with the money and hardware in the first place, but who knows, maybe someone there has a drug habit / gambling problems / went to jail / got a pregnant girlfriend / changed their mind.
I have no money in the place, so I have no stress about it. But I'd laugh my ass off if the people running that mining place made a final post showing empty racks, all the ASICs gone, stuff strewn all over the floor, and a message saying "thanks for the free ASICs and money, we're outta here" or words to that effect.
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coinits
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April 21, 2015, 12:16:12 PM |
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Either the mining facility has a good internet connection, or they don't. Either they have electricity, or they don't. So where does this crap about 20% hashing power com from? If some switch gear failed, all they need to do is reprogram / replace the affected switches to get it back online. That does not take days, unless they had to order parts.
With every passing day I grow more suspicious of this big farm's ultimate goal. Part of me wonders why they would do that extreme amount of work if they intended to scam and run with the money and hardware in the first place, but who knows, maybe someone there has a drug habit / gambling problems / went to jail / got a pregnant girlfriend / changed their mind.
I have no money in the place, so I have no stress about it. But I'd laugh my ass off if the people running that mining place made a final post showing empty racks, all the ASICs gone, stuff strewn all over the floor, and a message saying "thanks for the free ASICs and money, we're outta here" or words to that effect.
The only ways that I can think of to only have 20% HP is because they do not have the infrastructure to handle the power and/or not enough money to pay for it or the power bill.
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Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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Jamphone
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April 21, 2015, 03:22:03 PM |
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If I had to guess, I'd say it is a cooling issue. Temperatures are just cracking 20 degrees there. They're dependent on AC, and seek to "cool the room" rather than an air flow design. Keeping the room below 30 degrees when its already 20 outside would be an incredible struggle.
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CryptoCoin2015
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April 21, 2015, 04:22:39 PM Last edit: April 21, 2015, 04:54:36 PM by CryptoCoin2015 |
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We see, that they did put some more machines online, like 5 or so. So, out of our 100 S5 there seems to be 23-25 online.
We have a call tonight, I will post the answers to the why's here.
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iglasses
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April 21, 2015, 07:08:24 PM |
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It's rather shocking to me that someone shipped tens of thousands of dollars of hardware & paid upfront however much more the year of hosting was to a Company that only existed in some pictures on BCT and a web site that anyone with more than 5 minutes of practice could create.
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I only have a signature because I'm allowed.
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timk225
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April 21, 2015, 10:51:38 PM |
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Ya rly. Anyone thinking of spending X amount of dollars on ASICs should do this: Take (X/2) of the dollars you were going to spend on ASICs, and Paypal it to me. Then don't get any miners. At least that way you will still have half your money and you'll know exactly where the rest of it went. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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LordPaco
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April 22, 2015, 03:41:12 PM Last edit: April 22, 2015, 03:55:02 PM by LordPaco |
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I've been to this facility at least a half dozen times. Not only does it exist but they are a legit operation. I'm sure BTC crashing to where it is now hurts because most of the installation came before this, when the math was better. They are hosting a number of machines for me until I get my own datacenter online which will be very soon now. As far as I know the recent issues was a network error that also propagated to all SP20's to require a reflash on them all. Not a job I would want, especially with an inbox piling up fast with legitimate complaints. I'm sure they could hire a customer service team to handle emergencies but then goes whats left of their profit margin. This is why I am planning on my mine as private, maybe a few larger clients that understand shit happens, especially when you are running the 'budget' type of datacenter. Not to say its 'budget', but face it, it ain't no Microsoft and they arn't charging those prices. Wither or not you find it profitable to mine or see a possibility of a profit has no bearing on the topic at hand and only serves to troll. And before I get accused as a shill or fake, here is a picture of my data center under construction. That is two 500KVA 480/208 transformers. Yes there is alot of work to be done. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwaMGOqP.jpg&t=665&c=q9mmqzbEEaiiKQ)
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dmwardjr
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April 22, 2015, 06:14:07 PM |
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I've been to this facility at least a half dozen times. Not only does it exist but they are a legit operation. I'm sure BTC crashing to where it is now hurts because most of the installation came before this, when the math was better. They are hosting a number of machines for me until I get my own datacenter online which will be very soon now. As far as I know the recent issues was a network error that also propagated to all SP20's to require a reflash on them all. Not a job I would want, especially with an inbox piling up fast with legitimate complaints. I'm sure they could hire a customer service team to handle emergencies but then goes whats left of their profit margin. This is why I am planning on my mine as private, maybe a few larger clients that understand shit happens, especially when you are running the 'budget' type of datacenter. Not to say its 'budget', but face it, it ain't no Microsoft and they arn't charging those prices. Wither or not you find it profitable to mine or see a possibility of a profit has no bearing on the topic at hand and only serves to troll. And before I get accused as a shill or fake, here is a picture of my data center under construction. That is two 500KVA 480/208 transformers. Yes there is alot of work to be done. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwaMGOqP.jpg&t=665&c=q9mmqzbEEaiiKQ) Good for you, LordPaco!!! I would personally like to see some more pictures as it progresses, please Sir. I will be heading out your way from Alabama very soon. I'm not saying when, but it is soon. I decided not to spend money on doubling my power at the house since I was planning on moving to Washington State anyway. My plans were to move there the 3rd or 4th quarter of this year. I might be moving much sooner now. I have my reasons that I don't care to mention here. I would be starting with only 100 TH/s that I will take there with me in an inclosed trailer. I was very close to leasing a building in Moses Lake until I found out I would need a minimum of 200kW demand running 24/7 to enjoy a 1.8 cents per kWH + demand charges, taxes and fees. If one has less than 200kW demand, they will pay double that rate at approximately 3.8 cents per kWH + demand charges, taxes and fees. I would order another 175 TH/s shortly after I arrive there. It will take a little time for them to arrive after I order them. I'm not saying where I will be located yet. It may be two locations in the beginning (house and a building) until I can earn more $ to increase the power in one of two buildings I'm looking at. One building in Chelan County and the other in Douglas County. I'm not giving the city yet. I'm also familiar with Chelan county PUD's moratorium on more than 1 megawatt at one location as well. I've been doing my research. Anyway, back to your place: I like what you have going there. It looks like you are looking to get serious like myself. I'm not doing any hosting. I will only do private mining for myself as well. The goal is to have 1,000 TH/s minimum by the time the blocks halve. We will see how it goes. Good luck to you in your venture. Maybe we'll bump into each other some day in the future. I wish you prosperity and a smooth start in your venture. And please, keep me posted with some pictures, Sir. David
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timk225
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April 23, 2015, 03:51:52 AM Last edit: April 23, 2015, 04:06:31 AM by timk225 |
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LordPaco, I think you're a fool to even begin making another huge Bitcoin mining operation. Have you not been paying attention to the prices, difficulty, and troubles of other mining farms lately? And every dollar you spend buying everything you need to begin mining, is a dollar further in the hole you are starting out from.
Profits? What profits? You won't have any for a LONG time. Stop now, because I will be here to say "I TOLD YOU SO" when you go bankrupt, just like I have said about dumbward and Asicspace. Surely you've read on the Litecoin forums and here about how JRose120 made a complete ass of himself and then went into hiding after he pissed away $50,000 of his cousin's money? Well not so much Asicspace, but they are along the same lines of not making a profit anytime soon.
And absolutely nothing in the photo proves it is your datacenter. That could be anyones' building anywhere, not even related to bitcoin mining.
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LordPaco
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April 23, 2015, 05:21:41 AM Last edit: April 23, 2015, 06:46:55 AM by LordPaco |
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And absolutely nothing in the photo proves it is your datacenter. That could be anyones' building anywhere, not even related to bitcoin mining. And I think your an ass for your assumptions. I don't have to share any of my math with you. You can believe what you want. In fact it is a very good thing for me that you believe the way you do, so please keep thinking that way. I also hope you continue to spew your vomit because it helps me as well. Here is a picture of a cropped screenshot of the ebay auction for the transformer on the left in that picture. Try to find a 500KVA 480/208 for that price. You wont. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6s494M1.jpg&t=665&c=rjiu5pViY2MHxg) Here is a picture of about 15% of the shelving we will ultimately need as we build to capacity. Also you can see in the back 3 400A panels uninstalled, a 600A breaker in enclosure. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBvAr39c.jpg&t=665&c=0lGZaX20ANTrKg) Here is a older picture of just 150 3KW server power supplies, they sold originally from IBM for $1950 each. I paid on average ~35$ each for them. To the right you can see my crappy asicminer prismas that I bought from a group buy here. There is a reason they are sitting there. You can see a few of my 3 phase 60A IBM PDU's. They will monitor and record a dozen parameters on each outlet and can pull about 20KW each. I bought most of these for $40 each. Good luck finding them now I bought them all out of the market and they are only available for over $300 a piece now and I have 50. They came with 20feet of burly 6awg 4conductor cable hard wired so it saves quite a bit cable cost too. Oh, and it's the shitter on the other side of that wall. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FltQNuwn.jpg&t=665&c=wMDyd7Qw87Dxcw) I have good friends and family that help. I won't be putting all that shelving together. For example my brother in law, made this enclosure for my ammeters so I can see amperage on each phase. I will have one of these on each 400A panel, there will be 6 of them. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPDbuVgv.jpg&t=665&c=mA6cTJ0ZYkfjDw) Sorry ASICSPACE guys for jackin your thread. I'll start my own when I think its time to show people how to build a mine junkyard wars style.
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dmwardjr
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April 23, 2015, 11:06:47 PM |
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And absolutely nothing in the photo proves it is your datacenter. That could be anyones' building anywhere, not even related to bitcoin mining. And I think your an ass for your assumptions. I don't have to share any of my math with you. You can believe what you want. In fact it is a very good thing for me that you believe the way you do, so please keep thinking that way. I also hope you continue to spew your vomit because it helps me as well. Here is a picture of a cropped screenshot of the ebay auction for the transformer on the left in that picture. Try to find a 500KVA 480/208 for that price. You wont. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6s494M1.jpg&t=665&c=rjiu5pViY2MHxg) Here is a picture of about 15% of the shelving we will ultimately need as we build to capacity. Also you can see in the back 3 400A panels uninstalled, a 600A breaker in enclosure. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBvAr39c.jpg&t=665&c=0lGZaX20ANTrKg) Here is a older picture of just 150 3KW server power supplies, they sold originally from IBM for $1950 each. I paid on average ~35$ each for them. To the right you can see my crappy asicminer prismas that I bought from a group buy here. There is a reason they are sitting there. You can see a few of my 3 phase 60A IBM PDU's. They will monitor and record a dozen parameters on each outlet and can pull about 20KW each. I bought most of these for $40 each. Good luck finding them now I bought them all out of the market and they are only available for over $300 a piece now and I have 50. They came with 20feet of burly 6awg 4conductor cable hard wired so it saves quite a bit cable cost too. Oh, and it's the shitter on the other side of that wall. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FltQNuwn.jpg&t=665&c=wMDyd7Qw87Dxcw) I have good friends and family that help. I won't be putting all that shelving together. For example my brother in law, made this enclosure for my ammeters so I can see amperage on each phase. I will have one of these on each 400A panel, there will be 6 of them. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPDbuVgv.jpg&t=665&c=mA6cTJ0ZYkfjDw) Sorry ASICSPACE guys for jackin your thread. I'll start my own when I think its time to show people how to build a mine junkyard wars style. Damn!!! Looking nice, Man!!! You can bring it over to "Miner Photo Porn" if you like: https://bitcointalk.org/index.php?topic=766998.msg11178205#msg11178205If you don't wish to post there, could I have your permission to share this post you made in the "Miner Photo Porn" forum?
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alh
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April 24, 2015, 04:04:34 PM |
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Additional discussion on the ASICSPACE situation is in the following link: https://bitcointalk.org/index.php?topic=1036376.0I don't know if dmwardjr and LordPaco will continue posting pictures of their adventures here on not. I also don't know if ASICSPACE will post further info here or not. Not a complaint, just a statement of what I don't know.
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LordPaco
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April 24, 2015, 05:47:19 PM |
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I hijacked this thread enough already. I just came here to say I personally know this place to exist and these guys are trying real hard to make it work. They have been very open and transparent, at least with me.
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ChineseSavior
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April 24, 2015, 07:52:45 PM |
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atill going w a fake thred / mining center. either way bad business move this will never roi until we hit next ath. if they can manage to hold onto there coin for that long barring....
cashing it out for roi
scandal
wallet breach....
if it is real goodluck. hardest part will be storing and cashout out the coin
then you still have to worry about uncle sams firey dragon breath, and the banks ahutting down accounts the list goes on and on and on....
imo not worth the time hassle money and financial risk IF it is real..
which i doubt
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Biffa
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April 25, 2015, 10:19:40 AM |
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atill going w a fake thred / mining center. either way bad business move this will never roi until we hit next ath. if they can manage to hold onto there coin for that long barring....
cashing it out for roi
scandal
wallet breach....
if it is real goodluck. hardest part will be storing and cashout out the coin
then you still have to worry about uncle sams firey dragon breath, and the banks ahutting down accounts the list goes on and on and on....
imo not worth the time hassle money and financial risk IF it is real..
which i doubt
None of which applies here, as its a hosting centre for other peoples miners, not a private farm for investors.
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BitcoinINV
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May 01, 2015, 10:08:58 AM |
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wow, nice miner setup, im wonrdering how much it will make per day, i think around 10 btc per day, maybe more, i can just guess ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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