Give me some advice please | Bitcointalksearch.org

mickiya

full member

Activity: 195

Merit: 104

Quote from: notlist3d on February 04, 2016, 12:47:41 PM

Quote from: Bitcoin Market on February 04, 2016, 06:14:58 AM

Quote from: alh on January 27, 2016, 04:35:55 PM

If you are really serious about 100PH (i.e. 100,000 TH), then here is a starting point to consider:

http://bitfury.com/products#container-datacenter

I have no idea what it costs, nor when it could be delivered, nor all the other infrastructure costs. At $.08/KWh, plan on an electric bill of roughly $86,400 for a month to run a single one of them. Keep buying them until you run out of money, or electricity, or otherwise come to your senses.

Contact BitFury for further details. I am sure they will be happy to take your money.

That data centre stuff is best for the low electricity places. It could be easy to maintain. But it has to be put in a remote place with cheap electricity.

To be fair we don't know price of just miners from bitfury or container to say what would be cheaper. I do agree in most cases buying miners and having data center to put it in is cheaper. And most of the big players already have data centers... so they are more likely to get just the gear I think.

I also thought about it when you mention "remote place". Some of the places gear is being put in is not the most stable enviornments. I'm not sure as a investor I would want all my gear inside a shipping container someone could steal. Imagine your entire investment being drove off (not likely to happen but scary thought). Compared to big data center where security around miners. If you have a data center at least they have to take the time to move them to transportation making it more likely to catch someone.

I heard in China, there is many hydro plants in remote place, it is difficult to consume the power locally, so many mining farms are built near the hydro plants.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Bitcoin Market on February 04, 2016, 06:14:58 AM

Quote from: alh on January 27, 2016, 04:35:55 PM

If you are really serious about 100PH (i.e. 100,000 TH), then here is a starting point to consider:

http://bitfury.com/products#container-datacenter

I have no idea what it costs, nor when it could be delivered, nor all the other infrastructure costs. At $.08/KWh, plan on an electric bill of roughly $86,400 for a month to run a single one of them. Keep buying them until you run out of money, or electricity, or otherwise come to your senses.

Contact BitFury for further details. I am sure they will be happy to take your money.

That data centre stuff is best for the low electricity places. It could be easy to maintain. But it has to be put in a remote place with cheap electricity.

To be fair we don't know price of just miners from bitfury or container to say what would be cheaper. I do agree in most cases buying miners and having data center to put it in is cheaper. And most of the big players already have data centers... so they are more likely to get just the gear I think.

I also thought about it when you mention "remote place". Some of the places gear is being put in is not the most stable enviornments. I'm not sure as a investor I would want all my gear inside a shipping container someone could steal. Imagine your entire investment being drove off (not likely to happen but scary thought). Compared to big data center where security around miners. If you have a data center at least they have to take the time to move them to transportation making it more likely to catch someone.

Bitcoin Market

sr. member

Activity: 251

Merit: 250

Quote from: alh on January 27, 2016, 04:35:55 PM

If you are really serious about 100PH (i.e. 100,000 TH), then here is a starting point to consider:

http://bitfury.com/products#container-datacenter

I have no idea what it costs, nor when it could be delivered, nor all the other infrastructure costs. At $.08/KWh, plan on an electric bill of roughly $86,400 for a month to run a single one of them. Keep buying them until you run out of money, or electricity, or otherwise come to your senses.

Contact BitFury for further details. I am sure they will be happy to take your money.

That data centre stuff is best for the low electricity places. It could be easy to maintain. But it has to be put in a remote place with cheap electricity.

GreatNorthData

member

Activity: 105

Merit: 250

Quote from: notlist3d on February 02, 2016, 05:29:11 AM

Quote from: ?? on ??

Quote from: kntdookoo on January 26, 2016, 03:02:07 PM

Lets start with:

-Where are you located in the world?
-What are your electric costs?

We can move on from there once we have that established.

in Ukraine electric costs 0,03666$ -1KW

How is reliability though? Is the grid pretty stable?

Even with so low of cost I don't see few going there due to possible government issues. Not the most stable environment it would seem with fighting there at least in news.

We've got lots of room in Canada - and no civil war.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: ?? on ??

Quote from: kntdookoo on January 26, 2016, 03:02:07 PM

Lets start with:

-Where are you located in the world?
-What are your electric costs?

We can move on from there once we have that established.

in Ukraine electric costs 0,03666$ -1KW

How is reliability though? Is the grid pretty stable?

Even with so low of cost I don't see few going there due to possible government issues. Not the most stable environment it would seem with fighting there at least in news.

mickiya

full member

Activity: 195

Merit: 104

Quote from: ?? on ??

Quote from: kntdookoo on January 26, 2016, 03:02:07 PM

Lets start with:

-Where are you located in the world?
-What are your electric costs?

We can move on from there once we have that established.

in Ukraine electric costs 0,03666$ -1KW

The electricity price is so cheap. So why there is always some argument with Russia about the gas supply?

DrG

legendary

Activity: 2086

Merit: 1035

Quote from: markj113 on January 28, 2016, 03:19:24 AM

I think the guy is a time waster too, no mention of budget.

Just a dreamer.

So BFL is not coming out with a 100,000TH/s miner then? And they told me that I would get it SOON - I think 2 weeks was their estimate.

markj113

legendary

Activity: 2254

Merit: 1043

I think the guy is a time waster too, no mention of budget.

Just a dreamer.

disclaimer201

legendary

Activity: 1526

Merit: 1001

Bowie in Space calling Major Tom! OP is obviously a total troll. Don't take him seriously. He didn't mention any data but an imaginary number of 100.000 T/h, lol. The heat dissipation of one tenth of it alone would be a huge problem, especially in Dubai. Even at room temperature, one single S7 can be a problem without proper cooling and air condition, let alone 1000 of them, let alone 10.000 of them let alone 20.000 of them. Electricity for cooling will easily multiply the amount of electricity needed for the miner.

In short, it would be easier to make it rain 24/7 over a large part of the desert than bringing this project alive. #fail at conception

alh

legendary

Activity: 1846

Merit: 1052

Quote from: The_only_one on January 27, 2016, 10:33:01 AM

I want to make miners like that

https://www.cryptocoinsnews.com/review-yiazo-ybf-m-bitfury-mining-mainboard-using-ybf14s-h-bitfury-miner-board/

Whose know about this

The article quoted above is from late 2014. That's roughly two generations in BTC mining terms, To the best of my knowledge, there are NO PCIe card based miners being produced. Any that exist are long obsolete in terms of speed and power efficiency. Probably the last close approximation was the Butterfly Labs Monarch, and even that was never actually deployed in a PCIe slot. The PCIe form factor and connection provides no rational benefit at the present time. The connection speed (i.e. the PCIe link) is entirely wasted, and the power infrastructure doesn't support the actual power demands for any current ASIC implementations, except at tiny scale (i.e. a few chips).

While I am certain you could engineer such a PCIe card, it would be completely non-competitive in terms of cost, speed, and power consumption.

You have actually gotten a lot of advice as the title requests. You just have to listen to it, and not try and fit into an article that was interesting 15+ months ago.

markj113

legendary

Activity: 2254

Merit: 1043

Quote from: The_only_one on January 27, 2016, 04:34:46 PM

Quote from: markj113 on January 27, 2016, 11:17:09 AM

Quote from: The_only_one on January 27, 2016, 10:33:01 AM

I want to make miners like that

https://www.cryptocoinsnews.com/review-yiazo-ybf-m-bitfury-mining-mainboard-using-ybf14s-h-bitfury-miner-board/

Whose know about this

The miner you linked to is 3.85 gh/s

You claim to want 100,000 th/s

To get anywhere near that speed you need either latest or next gen equipment and a lot of it.

It doesnt come cheap so may be worth mentioning your budget.

p.s. it seems to me you are mixing gh/s with th/s

I know the difference between gh/s and th/s
I mean pci bitcoin asic miners like this link it's all
I want to know how I get those
Okay?

so you want 100,000 TH/s of pci card asic miners Roll Eyes

I think you really need to do some proper homework before splashing the cash.

p.s. what is your budget for all this equipment?

alh

legendary

Activity: 1846

Merit: 1052

If you are really serious about 100PH (i.e. 100,000 TH), then here is a starting point to consider:

http://bitfury.com/products#container-datacenter

I have no idea what it costs, nor when it could be delivered, nor all the other infrastructure costs. At $.08/KWh, plan on an electric bill of roughly $86,400 for a month to run a single one of them. Keep buying them until you run out of money, or electricity, or otherwise come to your senses.

Contact BitFury for further details. I am sure they will be happy to take your money.

The_only_one

newbie

Activity: 6

Merit: 0

Quote from: markj113 on January 27, 2016, 11:17:09 AM

Quote from: The_only_one on January 27, 2016, 10:33:01 AM

I want to make miners like that

https://www.cryptocoinsnews.com/review-yiazo-ybf-m-bitfury-mining-mainboard-using-ybf14s-h-bitfury-miner-board/

Whose know about this

The miner you linked to is 3.85 gh/s

You claim to want 100,000 th/s

To get anywhere near that speed you need either latest or next gen equipment and a lot of it.

It doesnt come cheap so may be worth mentioning your budget.

p.s. it seems to me you are mixing gh/s with th/s

I know the difference between gh/s and th/s
I mean pci bitcoin asic miners like this link it's all
I want to know how I get those
Okay?

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: markj113 on January 27, 2016, 11:17:09 AM

Quote from: The_only_one on January 27, 2016, 10:33:01 AM

I want to make miners like that

https://www.cryptocoinsnews.com/review-yiazo-ybf-m-bitfury-mining-mainboard-using-ybf14s-h-bitfury-miner-board/

Whose know about this

The miner you linked to is 3.85 gh/s

You claim to want 100,000 th/s

To get anywhere near that speed you need either latest or next gen equipment and a lot of it.

It doesnt come cheap so may be worth mentioning your budget.

p.s. it seems to me you are mixing gh/s with th/s

Those are OLD. You do not want those OP. I still warn jumping to 100 T is a decent amount of work and I think you should be taking it slower.

With your electicity at 0.088 you really need to get new gear if your going to do this. Your options are really S7 or Avalon 6. Those two are you are choosing between realistically.

markj113

legendary

Activity: 2254

Merit: 1043

Quote from: The_only_one on January 27, 2016, 10:33:01 AM

I want to make miners like that

https://www.cryptocoinsnews.com/review-yiazo-ybf-m-bitfury-mining-mainboard-using-ybf14s-h-bitfury-miner-board/

Whose know about this

The miner you linked to is 3.85 gh/s

You claim to want 100,000 th/s

To get anywhere near that speed you need either latest or next gen equipment and a lot of it.

It doesnt come cheap so may be worth mentioning your budget.

p.s. it seems to me you are mixing gh/s with th/s

The_only_one

newbie

Activity: 6

Merit: 0

I want to make miners like that

https://www.cryptocoinsnews.com/review-yiazo-ybf-m-bitfury-mining-mainboard-using-ybf14s-h-bitfury-miner-board/

Whose know about this

markj113

legendary

Activity: 2254

Merit: 1043

Quote from: mocacinno on January 27, 2016, 09:38:15 AM

Quote from: markj113 on January 27, 2016, 09:35:29 AM

I heard butterfly labs are taking preorders for 100,000 th/s miner.

100BTC shipping starts in 11 weeks

Fits in a standard pci slot too!

Let's all make a deposit to their wallet... It's still 1letsscameverybodyQSUdfhjsdflksfQfg isn't it? Grin

mocacinno

legendary

Activity: 3584

Merit: 5243

https://merel.mobi => buy facemasks with BTC/LTC

Quote from: markj113 on January 27, 2016, 09:35:29 AM

I heard butterfly labs are taking preorders for 100,000 th/s miner.

100BTC shipping starts in 11 weeks

Fits in a standard pci slot too!

Let's all make a deposit to their wallet... It's still 1letsscameverybodyQSUdfhjsdflksfQfg isn't it? Grin

markj113

legendary

Activity: 2254

Merit: 1043

I heard butterfly labs are taking preorders for 100,000 th/s miner.

100BTC shipping starts in 11 weeks

Fits in a standard pci slot too!

mocacinno

legendary

Activity: 3584

Merit: 5243

https://merel.mobi => buy facemasks with BTC/LTC

I was interested by the post, so i did some further crunching of the numbers... Just for fun Grin

Just as a tought experiment:

100.000 Th equals 21141 Antminer S7's batch 9.
We all know the hashrate given by the producers is an estimate, and you'll need a couple hotspares just to make sure you'll be able to cope with HW failure.

So basically, you'll need 21200 Antminers.
Each antminer consumes 1300W. Your farm will consume 27.6 Mw (only the antminers, not including other equipment like cooling, networking, security, lighting,...). There seems to be a lot of nuclear powerplants that produce around 1000 Mw, so you'd basically use 1/4th of the power of a small nuclear powerplant...
Each antminer would weigh 4.5 Kg. Your farm would weigh over 96 Tons (95.4, ,not considering the PSU's, racks, cables, routers,...)
Each antminer would cost $950. Your farm would cost around 20 million (considering you didn't get a discount, but not including PSU, tax, cables, servers, routers, racks, cooling,...)

I'm pretty sure that you were joking, but if you were not... Think twice before you start... At the very least, hire somebody to crunch the numbers for you, so you will know what problems you'll run into

mocacinno

legendary

Activity: 3584

Merit: 5243

https://merel.mobi => buy facemasks with BTC/LTC

you do realise you're saying you want to own 10% of the current hashrate in the world?
That means you want to build a farm that's bigger than the biggest farms currently in existence (maybe there's one in china that has a comparable size, don't really know). This based on experience you had with 4 miners, a high electricity rate and an old building...

If you are serious, hire a big team of knowlegdgable people with loads of experience in designing serverrooms, engineers, datacenter techs,... It'll cost you millions, and there's a big chance you'll never make your money back.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: The_only_one on January 27, 2016, 06:10:18 AM

Ok

I have old factory 7500 meters square .

Is there a higher devices from antminer s7?
And
What about devices like smart miner from miners lab or yes miner m20 from yes miner.

Quote from: The_only_one on January 27, 2016, 08:58:50 AM

Wait I said, 100 000 not 100 Terra hash

Its a bit ridiculous when someone suggest building a 40millions usd farm and hire 20 employees full time to maintain the (your) 25mW data center and can't tell an obvious scam.

The only two option right now are S7 and Avalon6, but if you really have that kind of cash, then you would not need to deal with them in the first place.

The_only_one

newbie

Activity: 6

Merit: 0

Wait I said, 100 000 not 100 Terra hash

The_only_one

newbie

Activity: 6

Merit: 0

Ok

I have old factory 7500 meters square .

Is there a higher devices from antminer s7?
And
What about devices like smart miner from miners lab or yes miner m20 from yes miner.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: mickiya on January 27, 2016, 03:40:42 AM

Quote from: QuintLeo on January 26, 2016, 07:21:48 PM

at almost 9c/KWH your electric rate is probably too high to be able to make enough profit to pay for ANY current miner on the market.

More hash doesn't help if your cost is higher than your income, or will be soon with difficulty increases.

If you don't CARE about profit, 20 or so of the Bitmain S7 units would work - might need a few more unless you have air conditioning of some sort available, Dubai gets pretty hot and you can't run an S7 at stock clock if the air in the room it's in is too hot.

If your farm is in Dubai, the cooling cost will also be high. It is better not to base your farm there. You cannot compete with people with 0.03/kwh.

If it was not for heat he could do it I think, just is a different way of mining. You would mine for first part of release, then sell the miner after you are making less.

If done properly/lucky possibly your mining + sell of machine = more then you put into it. But I think that near .10 area involves selling for chance at ROI.

mickiya

full member

Activity: 195

Merit: 104

Quote from: QuintLeo on January 26, 2016, 07:21:48 PM

at almost 9c/KWH your electric rate is probably too high to be able to make enough profit to pay for ANY current miner on the market.

More hash doesn't help if your cost is higher than your income, or will be soon with difficulty increases.

If you don't CARE about profit, 20 or so of the Bitmain S7 units would work - might need a few more unless you have air conditioning of some sort available, Dubai gets pretty hot and you can't run an S7 at stock clock if the air in the room it's in is too hot.

If your farm is in Dubai, the cooling cost will also be high. It is better not to base your farm there. You cannot compete with people with 0.03/kwh.

QuintLeo

legendary

Activity: 1498

Merit: 1030

at almost 9c/KWH your electric rate is probably too high to be able to make enough profit to pay for ANY current miner on the market.

More hash doesn't help if your cost is higher than your income, or will be soon with difficulty increases.

If you don't CARE about profit, 20 or so of the Bitmain S7 units would work - might need a few more unless you have air conditioning of some sort available, Dubai gets pretty hot and you can't run an S7 at stock clock if the air in the room it's in is too hot.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: The_only_one on January 26, 2016, 06:12:57 PM

I'm from dubai
electric costs 0.088 $
And I have 4 machines 4 tera hash made in China from 3 months

What machines are you referring to? Sounds like possibly some old A1's.

But still if it is A1's running around 4,000 watt to what ever your 100T watts will be.... is a massive difference. I still say take it slower. What is your setup like? Have you started making your mining area for a sizable amount of miners?

The_only_one

newbie

Activity: 6

Merit: 0

I'm from dubai
electric costs 0.088 $
And I have 4 machines 4 tera hash made in China from 3 months

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: n691309 on January 26, 2016, 03:25:15 PM

Quote from: The_only_one on January 26, 2016, 02:44:19 PM

Hi guys I'm new here but I learned a lot of things very important of these wonderful Forum
I want somebody to help me in this
I want to build Bitcoin mining farm where mining speed of up to 100,000 Terra hash per second.
But I want some advice about miners .
I want it low price and using low electricity power
Can you advise me in that?

Thanks

You should have the best PSU which are the most efficient and can save you a bit in power(and a lot if you plan to have thousands of Terahash), and share with us how much cost 1kW/h in your location.

You should start slow, going from nothing to 100T is a huge jump. You will not be ready for it most likely. You need enough electricity, you need the electricity wired, you need cooling.

Get one miner and test things out. I can't stress enough how hard going from nothing to 100T will be. Chances are you will have miners sitting there waiting on you to set things up.

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: The_only_one on January 26, 2016, 02:44:19 PM

Hi guys I'm new here but I learned a lot of things very important of these wonderful Forum
I want somebody to help me in this
I want to build Bitcoin mining farm where mining speed of up to 100,000 Terra hash per second.
But I want some advice about miners .
I want it low price and using low electricity power
Can you advise me in that?

Thanks

You should have the best PSU which are the most efficient and can save you a bit in power(and a lot if you plan to have thousands of Terahash), and share with us how much cost 1kW/h in your location.

kntdookoo

newbie

Activity: 26

Merit: 0

Lets start with:

-Where are you located in the world?
-What are your electric costs?

We can move on from there once we have that established.

The_only_one

newbie

Activity: 6

Merit: 0

Hi guys I'm new here but I learned a lot of things very important of these wonderful Forum
I want somebody to help me in this
I want to build Bitcoin mining farm where mining speed of up to 100,000 Terra hash per second.
But I want some advice about miners .
I want it low price and using low electricity power
Can you advise me in that?

Thanks

Topic: Give me some advice please (Read 2089 times)