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Topic: Have 10BTC to increase my hash rate. (Read 1690 times)

legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
March 29, 2014, 12:33:34 PM
#30
mining contracts cost more than operating yourself (obviously), so if you really want to invest well then you should buy ~2TH for 10BTC (there are a few good deals in this range, depending whether you can spare 2w/Gh or prefer 1w/GH)

I run a 3TH (soon to be 4TH) farm of antminers, and its quite simple with almost no actual upkeep needed (clean the f--king heatsinks every 2 months). just lots of heat and noise that can be tricky to handle in warmer climates or in a small apartment/house.
newbie
Activity: 56
Merit: 0
March 29, 2014, 10:08:32 AM
#29
the budget is large

hope you lucky
sr. member
Activity: 434
Merit: 250
March 29, 2014, 10:00:56 AM
#28
if you are looking to invest it in any kind of cloud mining, there is someone doing a comparison here;

https://bitcointalksearch.org/topic/m.5935766

10BTC will get you ~1.4TH on PBmining for 5 years.
sr. member
Activity: 434
Merit: 250
March 29, 2014, 09:59:45 AM
#27
if you are looking to invest it in any kind of cloud mining, there is someone doing a comparison here;

https://bitcointalksearch.org/topic/m.5935766
full member
Activity: 126
Merit: 100
March 29, 2014, 09:56:57 AM
#26
If you are buying gh/s at cex.io you might as well rent it from me.

The question is can I trust you and how reliable your service is.
With CEX.IO, once you buy GH, it's yours for life. (unless I get goxxed by CEX.IO)
Can you provide same confidence and service with cheaper price?

I see your point.

I only have 1.6-1.7TH/s,not a mining farm like CEX.IO. I have had maybe a hour downtime in the last 3 weeks mining. I can't sell you GH/s for life but I can rent them out for 24hour-7day contracts if someone was interested in mining an alt coin. I don't see the point of paying bitcoin to mine bitcoin.


Point taken.
full member
Activity: 210
Merit: 100
March 29, 2014, 04:51:33 AM
#25
If you are buying gh/s at cex.io you might as well rent it from me.

The question is can I trust you and how reliable your service is.
With CEX.IO, once you buy GH, it's yours for life. (unless I get goxxed by CEX.IO)
Can you provide same confidence and service with cheaper price?
full member
Activity: 126
Merit: 100
March 28, 2014, 09:26:50 AM
#24
If you are buying gh/s at cex.io you might as well rent it from me.
full member
Activity: 210
Merit: 100
March 28, 2014, 05:18:12 AM
#23
I have 10 BTCs I want to invest to increase my hashrate. This is a nonbinding auctions, since I can anticipate people disagreeing with the best offer. But I plan to use all 10 to buy hardware.

I prefer hardware I don't have to host.
Shares in GB are okay, but no I'll host my miner for you deals.
Securities are okay, but lower priority.


This is a great way to cash in on your hardware!!!

TJ

Follow three easy steps below.
  • Sign up for CEX.IO
  • Buy hashing power
  • Start mining.
when will we get ROI from there?
GHS price is overpiced there

7-9 months in my case.
sr. member
Activity: 476
Merit: 250
March 27, 2014, 10:08:15 AM
#22
I have 10 BTCs I want to invest to increase my hashrate. This is a nonbinding auctions, since I can anticipate people disagreeing with the best offer. But I plan to use all 10 to buy hardware.

I prefer hardware I don't have to host.
Shares in GB are okay, but no I'll host my miner for you deals.
Securities are okay, but lower priority.


This is a great way to cash in on your hardware!!!

TJ

Follow three easy steps below.
  • Sign up for CEX.IO
  • Buy hashing power
  • Start mining.
when will we get ROI from there?
GHS price is overpiced there
copper member
Activity: 2310
Merit: 1032
March 27, 2014, 10:07:04 AM
#21
I have 10 BTCs I want to invest to increase my hashrate. This is a nonbinding auctions, since I can anticipate people disagreeing with the best offer. But I plan to use all 10 to buy hardware.

I prefer hardware I don't have to host.
Shares in GB are okay, but no I'll host my miner for you deals.
Securities are okay, but lower priority.


This is a great way to cash in on your hardware!!!

TJ

Follow three easy steps below.
  • Sign up for CEX.IO
  • Buy hashing power
  • Start mining.

Depends if OP wants to host, 10 BTC in cex.io will yeald 961.5384615384615 GHs (at time of post) if he wants to consider hardware, This can gather 1.8TH.

I do run equipment on cex (as well as others), But I dont buy there for this reason, I make much more by paying the power costs.
full member
Activity: 126
Merit: 100
March 27, 2014, 10:06:34 AM
#20
I have 10 BTCs I want to invest to increase my hashrate. This is a nonbinding auctions, since I can anticipate people disagreeing with the best offer. But I plan to use all 10 to buy hardware.

I prefer hardware I don't have to host.
Shares in GB are okay, but no I'll host my miner for you deals.
Securities are okay, but lower priority.


This is a great way to cash in on your hardware!!!

TJ

Follow three easy steps below.
  • Sign up for CEX.IO
  • Buy hashing power
  • Start mining.

LOL at overpriced GH/s that you can never profit from.
sr. member
Activity: 406
Merit: 250
cats love crypto | 911 truth @checktheevidence.com
March 27, 2014, 09:12:37 AM
#19
I assume you are in the US?
full member
Activity: 210
Merit: 100
March 27, 2014, 06:29:05 AM
#18
I have 10 BTCs I want to invest to increase my hashrate. This is a nonbinding auctions, since I can anticipate people disagreeing with the best offer. But I plan to use all 10 to buy hardware.

I prefer hardware I don't have to host.
Shares in GB are okay, but no I'll host my miner for you deals.
Securities are okay, but lower priority.


This is a great way to cash in on your hardware!!!

TJ

Follow three easy steps below.
  • Sign up for CEX.IO
  • Buy hashing power
  • Start mining.
sr. member
Activity: 327
Merit: 250
March 26, 2014, 11:43:47 PM
#17
I have 12 Antminers with assorted Gold rated PSUs that I could part with for 10BTC shipped from NY.
hero member
Activity: 658
Merit: 500
March 26, 2014, 04:17:42 PM
#16

From the 12 toxics I'm able to produce 9.4mh/s at under 3500watts. They are the best bang for your buck and most sought after cards. I have 56 of them running and 14 sitting around unopened sealed boxes collecting dust lol

Sorry for going off topic. What do you mine with 56 GPUs? Shocked

For the moment it's vertcoin
full member
Activity: 126
Merit: 100
March 26, 2014, 07:52:24 AM
#15

From the 12 toxics I'm able to produce 9.4mh/s at under 3500watts. They are the best bang for your buck and most sought after cards. I have 56 of them running and 14 sitting around unopened sealed boxes collecting dust lol

Sorry for going off topic. What do you mine with 56 GPUs? Shocked
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
March 25, 2014, 10:28:47 AM
#14
the dragon miner 1TH units are cheaper then the S2 - currently around $3250 shipping a few days sooner than the S2 that was $3799

however:
1) btc prices dipped slightly since the S2 went out of stock, so BTC/BTC prices are pretty similar
2) The dragon miner semingly cannot overclock. The S2 stands a very good chance for overclocking based on the bitmain track record (i will be moderately dissapointed if my S2 cannot achieve >1.15TH)

howver - hardware immediately in-hand is a huge benefit, and it sounds like you have some space and power for it. I would suggest buying 10 antminer S1 units and some server supplies to run them all
full member
Activity: 126
Merit: 100
March 25, 2014, 10:26:07 AM
#13
10btc worth of miners would likely consume too much power for a residential grid connection...

For 10btc you can get about 1.8 TH of sha256. At 1W/GH that comes to 1800W. Easily doable at home.
hero member
Activity: 658
Merit: 500
March 25, 2014, 05:15:57 AM
#12
10btc worth of miners would likely consume too much power for a residential grid connection...

From the 12 toxics I'm able to produce 9.4mh/s at under 3500watts. They are the best bang for your buck and most sought after cards. I have 56 of them running and 14 sitting around unopened sealed boxes collecting dust lol
sr. member
Activity: 606
Merit: 273
March 25, 2014, 04:09:35 AM
#11
10btc worth of miners would likely consume too much power for a residential grid connection...
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