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Topic: [2014-003-10] Video - A LOOK INSIDE AMERICA'S LARGEST BITCOIN MINING OPERATION (Read 1354 times)

sr. member
Activity: 280
Merit: 250
Actually Megabigpower is at 2PH now, I believe they hit it last weekend. 

Also MBP, can you 'register' your hashpower with blockchain.info if you haven't already?  Or are you guys mining as part of a pool that is already listed there?
hero member
Activity: 553
Merit: 500
I wouldn't mind that setup, but I wonder if he has paid off all those rigs yet! Those boards were going for a lot of money each not too long ago.




This is dave, the guy that was fuckin distributing them ... he probably got them at an insanely cheap rate. Probably skimming them off customers preorders too!

um, no.  We make the chips and boards and have been selling what we use to customers in here since October (when we have surplus).  

https://bitcointalksearch.org/topic/ann-usnorth-american-bitfury-sales-new-stock-now-shipping-251966

Do some research before spreading slander, not all companies are here to take your money and not ship.
sr. member
Activity: 420
Merit: 250
Is this a million dollar investment?  Half million?  Really interested in finding out.....   What ASIC miners is he using and what is the cost?


promoJo
newbie
Activity: 6
Merit: 0
How accurate do you think the $8 million per month quote is?

Depending on the USD conversion of BTC at the time this would take a lot of mined BTC per month. At $1000/BTC if my math is correct it would be about 320 blocks solved each month. This seems like a lot to not have jumped out on the various lists.

Is he going through an established pool or his own? Maybe multiple pools so as not to attract attention.
legendary
Activity: 1540
Merit: 1000
the comments section  Shocked

Made me go in hysterics, I watched the video when I was tired, didn't bother reading the comments, but these Bitcoin haters really are on auto-pilot aren't they?
newbie
Activity: 224
Merit: 0
This video is not the most relevant one, if I understand correctly
legendary
Activity: 2450
Merit: 1002
I wouldn't mind that setup, but I wonder if he has paid off all those rigs yet! Those boards were going for a lot of money each not too long ago.




This is dave, the guy that was fuckin distributing them ... he probably got them at an insanely cheap rate. Probably skimming them off customers preorders too!
hero member
Activity: 686
Merit: 500
I wouldn't mind that setup, but I wonder if he has paid off all those rigs yet! Those boards were going for a lot of money each not too long ago.


hero member
Activity: 553
Merit: 500
Location, Location, Location.

Keep in mind that video is over 3 weeks old.  Also, our European operation also hit 1PH this week.
sr. member
Activity: 420
Merit: 250
I wonder what it cost him for the full investment?  Also he has many advantages over a traditional data center.  I am sure he did not have to account for many cooling issues or BTU calculations as those mac don't generate lots of heat.


promoJo
legendary
Activity: 2114
Merit: 1031
$8 Million / month ~ not bad...
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
There is a previous post concerning this article on this sub-forum.

didnt notice, sorry if i was second.
sr. member
Activity: 353
Merit: 250
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
A LOOK INSIDE AMERICA'S LARGEST BITCOIN MINING OPERATION

https://www.youtube.com/watch?v=5CjldZLXiAU


a little bit to noisy for my bedroom  Wink
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