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Topic: Before i start mining - page 2. (Read 1825 times)

legendary
Activity: 1456
Merit: 1000
November 23, 2015, 12:03:30 AM
#4
Both of you guys I have advice for:

DO NOT GET INTO MINING.

It's a waste of god damn money and electricity at this point. Do not be fooled by the guise of money printers.
Mining sucks. I used to mine before the ASIC came into play as well as afterwards with the S1 miners.

Needless to say you will likely never break even unless you either have free electricity or you manage to mine with them for a bit and sell them to some sucker here on the forums for some ridiculious overprice..

I know mining seems like a good idea on paper.. Its not. Its's shitty, hot, loud and basically fruitless. These I learned first hand.


This is not really a fair impression of mining.   I have done well with mining, you just have to have the right things in place.  It's no one size fit all.

If you have cheap electricity and no vat, there is a chance.  ROI is in no way guaranteed.  I personally love it and have had good luck.   I do have a mining area so the heat and sound is not a issue.

Can I ask what is last miner you actually mined with?  Curious as to how current.
legendary
Activity: 1358
Merit: 1003
Designer - Developer
November 22, 2015, 11:49:29 PM
#3
Both of you guys I have advice for:

DO NOT GET INTO MINING.

It's a waste of god damn money and electricity at this point. Do not be fooled by the guise of money printers.
Mining sucks. I used to mine before the ASIC came into play as well as afterwards with the S1 miners.

Needless to say you will likely never break even unless you either have free electricity or you manage to mine with them for a bit and sell them to some sucker here on the forums for some ridiculious overprice..

I know mining seems like a good idea on paper.. Its not. Its's shitty, hot, loud and basically fruitless. These I learned first hand.
member
Activity: 70
Merit: 10
November 22, 2015, 11:40:37 PM
#2
Hey Mate,

I'm a newbie as well and have been looking at Avalon 6s actually really favorably to the s7 as a home hobby miner.

if you are looking at 10 i would contact blocc.co directly they are the world wide distributor and have probably supplied zoomhash. Reason being that they sell a 10 pack at a much cheaper rate - http://www.blockc.co/collections/bitcoin-miners-shop-avalon-blockc-co/products/avalon6-bitcoin-miner

10 for 13,900 and they will throw in the RPi controller for free (zoomhash charge $75 i think)

You will only need one RPi controller for all 10 A6's

You will need PSUs for all your rigs which could be expensive - BlocC has PSUs they can sell you just ask the sales staff (the rate imo is good!) BUT I would wait for the guys on this thread to test the undervolted PSUs if you are considering running these ever at a lower hashrate but higher effency - https://bitcointalksearch.org/topic/review-avalon-6-miner-winter-mining-notlist3d-also-faq-and-help-1257327

I'm waiting on these guys atm! They seem like good people who know their shit and have taught me a bunch in the last couple weeks.

For pools I would go with Kano's pool https://bitcointalksearch.org/topic/kanopool-kanois-lowest-09-fee-since-2014-worldwide-2432-blocks-789369

Pools is a massive debate in itself but read this topic to get an idea of the 'behind the scenes' dealings between pools and the debate about what's good for the BTC network - https://bitcointalksearch.org/topic/empty-blocks-1085800

This topic convinced me to never mine on Eligius or the bigger PPS pools like Antpool and Discus Fish (And I feel dirty for giving them my hash now)

But if you are just after the BTC and making ROI asap you may have different priorities in choosing a pool.

BTC mining from my knowledge doesn't really require a fast internet connection but a reliable one so you should be sweet!

hope this helps! super jealous of your 10 units!



newbie
Activity: 5
Merit: 0
November 22, 2015, 10:42:03 PM
#1
Hi everyone

First i want to know this forum is amazing and second thing is i have some question before i start mining.

So im new here and i had just listen and see tutorials and see people who write on their blogs about mining also i have read to much about mining so before i start mining first i want to buy 10 Avalon 6  which are 3.5THs i think for me is good start but before i buy i wish to know some question from you

so i get this link to buy avalon 6

http://zoomhash.com/collections/bitcoin-asics/products/avalon-6-3-65-ths-shipping-from-stock-in-us

i think they are good with this,  also i need to know what kind of other things need to buy to complete everythink from parts  but i need to know how to i connect 10 avalon 6 with one computer or on same place to start mining cuz i want like everyone want to take all bitcoins on one place so first of this i wish to know which website you recomande for me to register on it and to connect with my avalon's and start mining also what kind of speed of internet need for electricity and for temperature i dont have problem i have reseloved this i hope someone to help me about this thank you very much.
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