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Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 41. (Read 378708 times)

full member
Activity: 226
Merit: 100
Please start paying divs. We are mining for quite some time now. I would at least like to see that you are technically capable of paying divs. What is causing the hold up?
full member
Activity: 225
Merit: 100
This doesn't look good now!
Court Orders Freezing of Hashfast Bitcoin Wallets
https://coinreport.net/court-freezing-hashfast-bitcoin-wallets/
Will Icedrill take some actions according to this?

More transparency is required in the dealings and negotiations with hashfast.
Please give us some idea about what is happening behind the scenes.



congratulations, solo seems to be going well for you all. stick with it.  Grin
(and if you can drop a couple of rigs back to ozcoin, that would be good too!)

We are having some good luck with the solo mining so far lets hope it continues. Smiley 
sr. member
Activity: 434
Merit: 250

congratulations, solo seems to be going well for you all. stick with it.  Grin
(and if you can drop a couple of rigs back to ozcoin, that would be good too!)
sr. member
Activity: 448
Merit: 250
This doesn't look good now!

Court Orders Freezing of Hashfast Bitcoin Wallets
https://coinreport.net/court-freezing-hashfast-bitcoin-wallets/
Will Icedrill take some actions according to this?
legendary
Activity: 1176
Merit: 1001
This doesn't look good now!
Why?
IceDrill and their 5 months of useless negotiations with HF, how do they look?
Posted from Bitcointa.lk - #kFAVBlCUO7WwG1EH
member
Activity: 74
Merit: 10
This doesn't look good now!

Court Orders Freezing of Hashfast Bitcoin Wallets
https://coinreport.net/court-freezing-hashfast-bitcoin-wallets/
full member
Activity: 179
Merit: 100
Bigger mines switching to pool mining becuse of variance and no blocks in long period of time. I'm amazed that Icedrill is doing opposite.

If you read further up they solo mining to test the new version of cgminer (the mining software) they got done.

I can confirm that we commissioned this work-stream as it is a big step into an exciting/new/important technical pathway for bitcoin mining, in our opinion. As a bonus, please feel free to decide: adjust PPS (and some variants thereof) by changing a few lines of (now open-source, tested: working) code, if you're a miner.
legendary
Activity: 2786
Merit: 1031
Quote
250kW IceDrill Mine

Another prominent example of a commercial operator is the IceDrill Bitcoin mine. The investment
involved building "a secure and climate controlled mine-facility" including "build-out of computecenter/mine location" in Canada.20

The company has mining-devices from HashFast on back-order and additionally invested into further
hardware from Cointerra, ultimately leading to the same data center requirements outlined in above
data center example. IceDrill is effectively trying to host a large number of retail boxes that require
two separate power inputs in a data center environment that is not prepared for Bitcoin densities.

USD $285,000 was spent on the data center facility21 so far, with 120 mining devices22 deployed
bringing the total capacity to 144kW at the time of writing, and the cost to $1,979 per kW.

At: http://www.immersion-cooling.com/publications/Analysis_of_Large-Scale_Bitcoin_Mining_Operations.pdf
hero member
Activity: 532
Merit: 500
https://karatcoin.co
What is the current hash rate?
member
Activity: 74
Merit: 10
Bigger mines switching to pool mining becuse of variance and no blocks in long period of time. I'm amazed that Icedrill is doing opposite.

If you read further up they solo mining to test the new version of cgminer (the mining software) they got done.
legendary
Activity: 1029
Merit: 1000
Bigger mines switching to pool mining becuse of variance and no blocks in long period of time. I'm amazed that Icedrill is doing opposite.
sr. member
Activity: 434
Merit: 250
sr. member
Activity: 434
Merit: 250
I don't know about "finally"; if there's only something like 150-180TH going solo, that's actually pretty decent luck. Variance can kill you if you have a block that takes 10x the current difficulty, and the first 2 blocks were definitely lucky. This latest one included some not insignificant transaction fees too.

Transaction Fees    0.11114335 BTC

party all round then! we got a block on Oz too
lets stay friends - even if we have had a 'conscious uncoupling'  Kiss
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
I don't know about "finally"; if there's only something like 150-180TH going solo, that's actually pretty decent luck. Variance can kill you if you have a block that takes 10x the current difficulty, and the first 2 blocks were definitely lucky. This latest one included some not insignificant transaction fees too.

Transaction Fees    0.11114335 BTC
sr. member
Activity: 434
Merit: 250
On ozсoin pool was better. Three days passed and there is no block. went back to ozсoin pool.

you can't beat a good DGM pool - and Oz is a good DGM pool. that's the luck of the draw  Kiss
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