Best miner for large operations? | Bitcointalksearch.org

jimmothy

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Quote from: seriouscoin on August 22, 2014, 10:01:38 PM

Quote from: jimmothy on August 22, 2014, 09:55:36 PM

You must think all franchisings are not for profit?

Having 50% of of a watermelon is still bigger than a whole 100% of a grape fruit. I'm sure they've made enough that capital isnt an issue so why didnt they put their own capital (afterall you said warehouse and operating cost is cheap) and gain 100% revenue?

Yes it's for profit but the franchising won't enable them to buy extra hardware (in the short run at least). If the hardware doesn't go to franchisees it will end up in a giant datacenter.

My guess as to why they don't just build their own mine is that is would require tons of extra capital, time, effort and might be less profitable.

seriouscoin

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Quote from: jimmothy on August 22, 2014, 09:55:36 PM

Quote from: seriouscoin on August 22, 2014, 09:29:54 PM

dumbass, once the majority of mining equipment is made by one company, you're at the mercy of that company. You must think you're so smart and MBP is stupid huh?

You did take stupidity to another level.

Can you not see the difference between a single giant 20MW DC and a few hundred franchisees? There is no reason to offer a franchising program like this other than to spread the hashrate.

I honestly can't fathom how you think MBP giving free hardware makes them greedy when they could keep it all for themselves.

In case you didn't already know, bitfury/MBP doesnt need our help to increase their hashrate. MBP can easily build their own massive datacenters without selling/franchising a single miner to the public but they chose to go with the method that distributes the hashrate.

But you will probably ignore all this because you seem set on the idea that anything that has to do with bitfury is bad.

You must think all franchisings are not for profit?

Having 50% of of a watermelon is still bigger than a whole 100% of a grape fruit. I'm sure they've made enough that capital isnt an issue so why didnt they put their own capital (afterall you said warehouse and operating cost is cheap) and gain 100% revenue?

jimmothy

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Activity: 770

Merit: 509

Quote from: seriouscoin on August 22, 2014, 09:29:54 PM

dumbass, once the majority of mining equipment is made by one company, you're at the mercy of that company. You must think you're so smart and MBP is stupid huh?

You did take stupidity to another level.

Can you not see the difference between a single giant 20MW DC and a few hundred franchisees? There is no reason to offer a franchising program like this other than to spread the hashrate.

I honestly can't fathom how you think MBP giving free hardware makes them greedy when they could keep it all for themselves.

In case you didn't already know, bitfury/MBP doesnt need our help to increase their hashrate. MBP can easily build their own massive datacenters without selling/franchising a single miner to the public but they chose to go with the method that distributes the hashrate.

But you will probably ignore all this because you seem set on the idea that anything that has to do with bitfury is bad.

seriouscoin

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Quote from: jimmothy on August 22, 2014, 09:11:44 PM

Quote from: seriouscoin on August 22, 2014, 08:05:17 PM

Quote from: MasterOwel on August 22, 2014, 05:32:32 PM

Quote from: jimmothy on August 22, 2014, 03:58:31 PM

Everyone here is wrong. Franchising with megabigpower is clearly the way to go.

https://megabigpower.com/info

You get as much free hardware as you can power and get to keep 50% of the revenue.

Their next gen hardware (guessing bitfury next gen chips) is now almost complete which they claim will be 0.5 w/gh at the wall.

This seems like one of those too-good-to-be-true things. I would love to see some people who've used this service.

LOL its actually not good.

They take 50% of revenue, you have to pay operating cost. Add that with how quick the rigs depreciated compared to your capital (warehouse). The whole strategy here is to completely push manufacturing competitors out of business. They're doing nothing but centralize mining power.

Btw, OP if you actually have to ask the question in the first post, you're looking at a wrong venture.

I'm not sure you have a clue what you're talking about.

Free hardware = good deal.

Who cares if they take 50% of the revenue? It's free hardware..

You can build a 1MW DC for $100-200K and fill it with 2PH worth of their hardware (50% being yours). How can you possibly say $100-200K/PH is a bad deal? The next best deal is S3's at ~900k/PH. An S3 farm would use slightly less electricity usage once you factor in the extra 50% required with MBP franchising but it is not going to make an $800k difference.

Also I think you should look up the meaning of centralization as the goal of the franchising programs is literally to promote the opposite.

dumbass, once the majority of mining equipment is made by one company, you're at the mercy of that company. You must think you're so smart and MBP is stupid huh?

You did take stupidity to another level.

jimmothy

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Activity: 770

Merit: 509

Quote from: seriouscoin on August 22, 2014, 08:05:17 PM

Quote from: MasterOwel on August 22, 2014, 05:32:32 PM

Quote from: jimmothy on August 22, 2014, 03:58:31 PM

Everyone here is wrong. Franchising with megabigpower is clearly the way to go.

https://megabigpower.com/info

You get as much free hardware as you can power and get to keep 50% of the revenue.

Their next gen hardware (guessing bitfury next gen chips) is now almost complete which they claim will be 0.5 w/gh at the wall.

This seems like one of those too-good-to-be-true things. I would love to see some people who've used this service.

LOL its actually not good.

They take 50% of revenue, you have to pay operating cost. Add that with how quick the rigs depreciated compared to your capital (warehouse). The whole strategy here is to completely push manufacturing competitors out of business. They're doing nothing but centralize mining power.

Btw, OP if you actually have to ask the question in the first post, you're looking at a wrong venture.

I'm not sure you have a clue what you're talking about.

Free hardware = good deal.

Who cares if they take 50% of the revenue? It's free hardware..

You can build a 1MW DC for $100-200K and fill it with 2PH worth of their hardware (50% being yours). How can you possibly say $100-200K/PH is a bad deal? The next best deal is S3's at ~900k/PH. An S3 farm would use slightly less electricity usage once you factor in the extra 50% required with MBP franchising but it is not going to make an $800k difference.

Also I think you should look up the meaning of centralization as the goal of the franchising programs is literally to promote the opposite.

seriouscoin

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Quote from: MasterOwel on August 22, 2014, 05:32:32 PM

Quote from: jimmothy on August 22, 2014, 03:58:31 PM

Everyone here is wrong. Franchising with megabigpower is clearly the way to go.

https://megabigpower.com/info

You get as much free hardware as you can power and get to keep 50% of the revenue.

Their next gen hardware (guessing bitfury next gen chips) is now almost complete which they claim will be 0.5 w/gh at the wall.

This seems like one of those too-good-to-be-true things. I would love to see some people who've used this service.

LOL its actually not good.

They take 50% of revenue, you have to pay operating cost. Add that with how quick the rigs depreciated compared to your capital (warehouse). The whole strategy here is to completely push manufacturing competitors out of business. They're doing nothing but centralize mining power.

Btw, OP if you actually have to ask the question in the first post, you're looking at a wrong venture.

MasterOwel

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Life is my dream, what is yours?

Quote from: jimmothy on August 22, 2014, 03:58:31 PM

Everyone here is wrong. Franchising with megabigpower is clearly the way to go.

https://megabigpower.com/info

You get as much free hardware as you can power and get to keep 50% of the revenue.

Their next gen hardware (guessing bitfury next gen chips) is now almost complete which they claim will be 0.5 w/gh at the wall.

This seems like one of those too-good-to-be-true things. I would love to see some people who've used this service.

jimmothy

hero member

Activity: 770

Merit: 509

Everyone here is wrong. Franchising with megabigpower is clearly the way to go.

https://megabigpower.com/info

You get as much free hardware as you can power and get to keep 50% of the revenue.

Their next gen hardware (guessing bitfury next gen chips) is now almost complete which they claim will be 0.5 w/gh at the wall.

RoadStress

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Quote from: jonnybravo0311 on August 20, 2014, 08:41:27 AM

Quote from: xstr8guy on August 18, 2014, 10:57:54 PM

Quote from: grn on August 18, 2014, 03:36:59 PM

You might want to check here http://spminer.io/

What's with the funky URL that redirects to http://www.spondoolies-tech.com? Is that a shrouded referral link?

I don't think it is. I'm pretty sure that when SP first came on the scene, that was the URL they provided. Also, the URL you can use to detect the SP gear on your network is myminer.io.

It's not a referral link. It's an official link.

cisahasa

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rented one?

jonnybravo0311

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Mine at Jonny's Pool

Quote from: xstr8guy on August 18, 2014, 10:57:54 PM

Quote from: grn on August 18, 2014, 03:36:59 PM

You might want to check here http://spminer.io/

What's with the funky URL that redirects to http://www.spondoolies-tech.com? Is that a shrouded referral link?

I don't think it is. I'm pretty sure that when SP first came on the scene, that was the URL they provided. Also, the URL you can use to detect the SP gear on your network is myminer.io.

lowbander80

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Bitmain model - S3+ its the only available in about 1 month from now others are more expensive and will be available October and talking about SP30
loved to have some but so expensive so have to drive a lada and take the S3 in exchange

Dont waste your money elsewhere for the moment

Suggestions from company appointed users sould be avoided as make the advertisment look cheep

xstr8guy

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Glow Stick Dance!

Quote from: grn on August 18, 2014, 03:36:59 PM

You might want to check here http://spminer.io/

What's with the funky URL that redirects to http://www.spondoolies-tech.com? Is that a shrouded referral link?

DrG

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Quote from: railzand on August 18, 2014, 04:05:13 PM

Shut up and buy bitcoin.

Well that was an informative post. What is he/she wants to acquire freshly minted coins or wants to help decentralize the network. Buying coins on an exchange won't help that.

I post all the time telling new people to forget about getting into mining. Somebody who is buying rack mounted equipment already knows what he/she is doing (hopefully).

As Dogie said whatever is the cheapest rack mounted equipment.

Syke

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Quote from: RoadStress on August 18, 2014, 03:39:03 PM

Definitely Spondoolies Tech SP30. 4.5Th/s in a 2U case with 2 server grade power supplies.

SP30 is a decent product, but Bitmain S3 is far cheaper with bitcoin prices at a low right now. The S3s would only cost about $3k when the SP30 costs about $4k.

RoadStress

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Quote from: dogie on August 18, 2014, 03:48:33 PM

Quote from: RoadStress on August 18, 2014, 03:39:03 PM

Quote from: MasterOwel on August 18, 2014, 03:31:48 PM

The topic says it all pretty much. What is the best SHA-256 miner to use in large operations? For example: a cloud mining service.

Definitely Spondoolies Tech SP30. 4.5Th/s in a 2U case with 2 server grade power supplies.

Might want to disclose the sllightly biased opinion.

Isn't it obvious with my affiliated signature?

railzand

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Lux e tenebris

Shut up and buy bitcoin.

Powell

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rm -rf stupidity

If you want to roll out before October then do not even think about SP.

dogie

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dogiecoin.com

Quote from: RoadStress on August 18, 2014, 03:39:03 PM

Quote from: MasterOwel on August 18, 2014, 03:31:48 PM

The topic says it all pretty much. What is the best SHA-256 miner to use in large operations? For example: a cloud mining service.

Definitely Spondoolies Tech SP30. 4.5Th/s in a 2U case with 2 server grade power supplies.

Might want to disclose the sllightly biased opinion.

RoadStress

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Quote from: MasterOwel on August 18, 2014, 03:31:48 PM

The topic says it all pretty much. What is the best SHA-256 miner to use in large operations? For example: a cloud mining service.

Definitely Spondoolies Tech SP30. 4.5Th/s in a 2U case with 2 server grade power supplies.

grn

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You might want to check here http://spminer.io/

MasterOwel

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Quote from: dogie on August 18, 2014, 03:32:54 PM

The cheapest rack mountable hardware.

I'm looking for the best in price per GH (or so I would assume? Were I to want to make a profit), along with a trusted miner.

dogie

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dogiecoin.com

The cheapest rack mountable hardware.

MasterOwel

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Life is my dream, what is yours?

The topic says it all pretty much. What is the best SHA-256 miner to use in large operations? For example: a cloud mining service.

Topic: Best miner for large operations? (Read 2078 times)