Topic: 8th Alt coin thread. Or what to do now that asics are all over the place. - page 66. (Read 81426 times)

Well, just because the main breaker says 400A doesn't mean you can actually draw 400A for more than a few seconds. Firstly, the NEC limits maximum continuous use of any circuit to 80% of the wiring or breaker rating, whatever is less (usually the breaker). Secondly, the distribution transformer (usually affectionately referred to as a "pig" if mounted on a utility pole) will likely be rated for 10kVA to 50kVA if pole-mounted, and 50kVA to 200kVA if pad-mounted, and each transformer will likely serve 1 - 6 houses so you really don't have nearly as much power available as you might think.

Our esteemed OP can probably provide a bit more detail on this seeing as he has had major electrical service work done, along with solar tie-ins, etc.

 

yup money will get u as much power as you want , cheap power is a big issue

The main reasons I won't even consider the Innosilicon T2 are:

 1) Minimum order size prices it WAY out of my reach.
 2) It's more efficient than the S9, but the cost is MUCH higher per hash - much more so than the small gain in efficiency.
 3) I can make more for the amount of $$$$ invested by getting other gear (that I CAN afford to get).

 4 through about 1000) I don't think it will make enough to pay for itself before the first of the 7/10nm generations miners hit the market and drive it into UNPROFITABILITY - even at MY low electric rate.

Only if you HAVE enough money to get close to that ceiling.

In some cases, money IS the limit.

Bitmain is selling quite a few D3 units (to use a specific example) to folks that CAN'T AFFORD 5x of the much more expensive (abet much better efficiency) Innosilicon unit.
A lot of miners don't HAVE $10,000 around to spend on miners in one purchace - and customs gets a LOT pickier about "large orders" like that as well.

 Can't "innovate" when your state-of-the-art product is already on the current "industry best" production node - which is WHY they have not released anything better than the S9 and probably won't for at least another year, no new node with significant performance upgrade has any capasity AVAILABLE to them, and it takes many months to a year to design a new chip on state-of-the-art nodes.

Innosilicon is on 14/16 nm where Bitmain is still at 28 nm on most of those "higher efficiency" pieces of gear, if not all.

It's telling that Innosilicon never bought the A3 to market (14/16 nm SHA256 miner that they HAD announced around the same time they announced the A4) - folks I know with connections have stated that it was because the A3 was NOT going to be comparable on efficiency to the S9, which is in line with everything else Innosilicon has released in the last 4 years or so.

It's also saying a lot that they only JUST RECENTLY finally managed to match the S9 with their new Terminator 2 unit - which is probably too little too late for them.

yeah but I can't use


 https://www.qbtc.com/   daily total trades of 3,400,000 usd  pretty sure they are in China and won't let me join

@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

https://crypto-bridge.org/  daily total trades of 663,000 usd is the one I have

@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

these are really small



https://tradeogre.com/ daily trade total of under 180,000 and not sure where they are based
https://nanex.co/    daily trade total of under 75,000  and not sure where they are based
https://cryptohub.online/ daily trade total of under 24,000 and not sure where they are based

I see 5

https://coinmarketcap.com/currencies/ravencoin/#markets

does raven have more exchanges?  I have a cryptobridge  I would like a few more exchanges

It is a good question  I would sell it.  You can get 1100-1200 easy for it.  a certain profit

now to all  innosilicon t2 turbo  should do 18th at 1350 watts
bitmain's response


s9i is now 564

https://shop.bitmain.com/product/detail?pid=000201807231512494571A78yEi20637

Bitmain is simply selling gear cheaper and cheaper.

No one knows how much gear they can build.  they could be able to sell 20,000 s9i's at 500 = 10,000,000 usd and 280 ph goes on network

they dropped the eth price  down to 1350 today
still well above the 800 you paid.

there is a war going on here bitmain just lowers price on gear to fight off innosilicon efficiency

take the profit with a sale for 1200

I just received 1 x E3 that I bought for 800$ awhile back.

Should I use it or sell it?

The label says "190MH"

yeah  the tighter the margins the more important power becomes


2e9af1c92907c813



edf2d63cdf0b6275ead22c9e6d66aa8ea31dc0ccb367fad2e7c08a25

Hello
I have been following this thread for a while
I administrate several asic farms and GPU farms, I own GPU farms.

the thing is easy ,as a general rule (it goes up and down obviously)
Asics require 2X to 2.5X more power consumption that GPU at the same profitability ratio.
Asics usually costs half of what a GPU rig costs at the same profitability ratio.

so in order, lets say, to produce 5 USD/day youll need 1 Rig of GPUs NVIDIA that will consume 650W or an asic that consumes 1600W

and yes the cost of the GPU rig is probably twice the cost of the ASIC.

but remember, power is everything, power determines how big can you go, how much can you expand
rent a place its easy, cooling it's hard but doable once you learn how the air dynamics works.
power....... it is another matter

you cannot request a: let's say 500KW in a house, the power company will refuse, it will request you to present the proper papers, as a company, since a house cannot use that level of power, as a company you need to exist as such, and pay taxes and all,and even so you still need permissions from government explaining what are you gonna do with all that power.

Anything above 300KW will probably require you to have your own high voltage transformer that will probably cost close to 100K USD plus instalation and proper certifications that takes a lot of time and money to do.

so, unless you plan to have only a very few asics in you small flat, if you want to go big, the only way is maximum power efficiency, and that it's not ASICS, it's GPU, do the math, buy both if you wan't and compare profitability vs power.

most people I know, got tired of GPU because they are difficult to configure, yes they are, but right now NVIDIA 1080Ti and AMD VEGA are the the most efficient GPUs in the market, it takes a lot of effort to make them work at maximum efficiency, but it worth it, and allows you pack a lot more of production in the same place and power capacity than will allow you with asics.

remember, power it is your ceiling , not money, power capacity is what tells you how high can you go.
cheers
indkt.

I was not ramped up fully in June  but by sept /oct I was.

remember for me  in the summer the power cost  in the garage is 18 cents.

in oct it is 10 cents.  so i timed full ramp up for sept.


btw btc is over 8200 this morning
and BTG  is over 31

I am pretty sure last June 2017 was more profitable than the last quarter of 2017.

I remember with a single RX 470 you could pull in $7 daily with ETH and $2 daily with SC. The other coins like ZEC were pulling in crazy >$10 day with GPUs like the 1080Ti.

Towards the end of the year when BTC and ETH went bonkers to $20K and $1400, respectivately the difficulty was already crazy high and profits were high but not as high as June 2017.

fucking asics makers ruining everything, thank god for x16r

sums it up pretty well lol

Unfortunately waters continue to look worse and worse, these ETHASH ASICs are going to squeeze every last drop out of GPU mining profitability. I believe people consistently overlook how much of the GPU mining ecosystem revolves around ETH mining. ETH mining profits go down -> some miners will go elsewhere and drop profits on everything else

that is not the correct T2  it is the plain T2


 the T2 turbo is not released

I fortunately caught the error by looking at the thread an biota pointed out it was the older T2 not the new T2 Turbo.

The T2 Turbo   could be worth using.  When it releases.