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Topic: How much Data/Month Would a Miner use? (Read 2810 times)

member
Activity: 112
Merit: 10
★Bitin.io★ - Instant Exchange
January 12, 2015, 01:51:10 AM
#16
The only concern would be the stability of the connection. I don't know what its like over where you are but down here in Australia, wireless is pretty shit.
legendary
Activity: 1820
Merit: 1001
January 11, 2015, 08:24:29 PM
#15
Few GB per month at most depending on what coin your mining and how many shares are being submitted per min. More shares more data but to be honest they don't use that much but id make sure you got unlimited data connection to cover its use.
hero member
Activity: 756
Merit: 500
January 11, 2015, 02:32:51 PM
#14
Hi. I got a limit of 2gb on 3g connec4ion. It works with to mine some btc?
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
January 11, 2015, 06:21:32 AM
#13
It also depends on the pool you mine on and the protocol you use.

If you mine Stratum vs GBT to a pool, then the Stratum pool will use way less data than a GBT pool.

Also, even on Stratum, there is a minor difference depending on how often the pools sends you work.
However, in this case, it is better for bitcoin transaction processing if the pool sends you work every 30s, and the pool itself, on average, will get more transaction payments due to using 30s rather than a longer work delay.
Some pools delay longer than 30s, but the data saving is minor, and it is better for bitcoin (and block reward) if it is 30s.
full member
Activity: 174
Merit: 100
January 10, 2015, 01:25:17 AM
#12
haha 10 TH/s @ 2100 watts ROFL
most efficent miner to date is .55 w per GHS that i know of and thats the S5
which equates to 5500 watts per 10 ths
KNC announced a 20nm chip in march http://www.coindesk.com/kncminer-finalizes-design-worlds-first-20nm-bitcoin-asic-miner/
but we all know what KNC did with their customers money Smiley they ran off and created cloud mining in iceland with it.

Maybe they are using this https://www.youtube.com/watch?v=Vcbw-t-CCx4 hahaha
hero member
Activity: 955
Merit: 1004
January 01, 2015, 09:26:18 AM
#11
If you have to depend on the price of power to squeak out the slightest profit, you're doing it wrong.  What if BTC price continues to drop?  What if difficulty continues to rise?  In either case, you make less and will most likely lose money.

Maybe I'm just smarter than most of the people here, but I didn't get into coin mining to lose money.  I made some nice tax free cash on it, about $5000 profit after parts purchases and power usage and all that was taken into account.  And when the profit started dropping off, I got out.  I looked for ways to keep making money in coin mining, but there were far less opportunities.
legendary
Activity: 1143
Merit: 1000
December 30, 2014, 12:11:23 PM
#10
Do not buy any ASIC.  You will never recoup your investment.  You will LOSE MONEY, and the only people who will make a profit are the ASIC manufacturers.

Search my previous posts.  I have been proven correct time and time again, and yet fools who cannot math continue to buy them and lose their asses on the deal.

And what's the sense of a 10 year warranty on an ASIC that will be obsolete in 6 months?

This is not true if you have low kW prices.. For less than 0.15 cents per KW you'll may ROI with current asic generation.
hero member
Activity: 955
Merit: 1004
December 30, 2014, 10:52:07 AM
#9
Do not buy any ASIC.  You will never recoup your investment.  You will LOSE MONEY, and the only people who will make a profit are the ASIC manufacturers.

Search my previous posts.  I have been proven correct time and time again, and yet fools who cannot math continue to buy them and lose their asses on the deal.

And what's the sense of a 10 year warranty on an ASIC that will be obsolete in 6 months?
newbie
Activity: 8
Merit: 0
December 25, 2014, 09:07:38 PM
#8
I am getting a Miner that is 10TH/s.  I am going to be putting it in my grandpa's hangar where there isn't any Electricity bills.  I need a internet connection there so I was thinking of getting a 4G router instead of a traditional internet connection, since I don't want any data overages I need to get the right data plan.  So how much would it use?


Also is this a trusted site?:  https://www.minerslab.com/product/smart-miner-2-se-10ths-rack-mount-bitcoin-miner/


Minerslab is definite Scam site.  See

https://bitcointalksearch.org/topic/anyone-used-of-hear-of-minerslabcom-883534



Thanks.  I'm just going to get some ANTMiners from BITMAIN then.
full member
Activity: 203
Merit: 100
December 25, 2014, 07:04:21 PM
#7
I am getting a Miner that is 10TH/s.  I am going to be putting it in my grandpa's hangar where there isn't any Electricity bills.  I need a internet connection there so I was thinking of getting a 4G router instead of a traditional internet connection, since I don't want any data overages I need to get the right data plan.  So how much would it use?


Also is this a trusted site?:  https://www.minerslab.com/product/smart-miner-2-se-10ths-rack-mount-bitcoin-miner/


Minerslab is definite Scam site.  See

https://bitcointalksearch.org/topic/anyone-used-of-hear-of-minerslabcom-883534

newbie
Activity: 8
Merit: 0
December 25, 2014, 06:27:38 PM
#6
re: the subject line
There's some decent threads over on reddit about the bandwidth use of a full node, example:
http://www.reddit.com/r/Bitcoin/comments/29t5eu/graph_bandwidth_usage_for_1_month_of_hosting_a/
I was thinking about getting this:  http://www.tp-link.us/products/details/?categoryid=218&model=TL-MR3420#spec
and then using a cheap data plan from metropcs.  Since they have unlimited data I wouldn't go over, but would it be too slow after throttling?
hero member
Activity: 686
Merit: 500
FUN > ROI
December 25, 2014, 06:15:00 PM
#5
re: the subject line
There's some decent threads over on reddit about the bandwidth use of a full node, example:
http://www.reddit.com/r/Bitcoin/comments/29t5eu/graph_bandwidth_usage_for_1_month_of_hosting_a/
newbie
Activity: 8
Merit: 0
December 25, 2014, 06:12:33 PM
#4
Hold on a second, I'm pulling up my specs right now...

EDIT:
Alright, it looks like with my setup I'd do under 3GB per month. It's only pulling 1KB/s at max. You could mine on an old POTS dial-up line. It basically sends small texts back and forth. It's hardly any data. And when the stratum protocol came out, it made it even less.

And I've never heard of the website. I'm running some AntMiners.

Thanks for your input.

Also what miner would you recommend?  [Power draw doesn't matter]

I was thinking http://www.spondoolies-tech.com/products/sp35-yukon-power-shipping-from-stock or the previous one if the site turns up to be legit.
full member
Activity: 203
Merit: 100
December 25, 2014, 05:51:33 PM
#3
I am getting a Miner that is 10TH/s.  I am going to be putting it in my grandpa's hangar where there isn't any Electricity bills.  I need a internet connection there so I was thinking of getting a 4G router instead of a traditional internet connection, since I don't want any data overages I need to get the right data plan.  So how much would it use?


Also is this a trusted site?:  https://www.minerslab.com/product/smart-miner-2-se-10ths-rack-mount-bitcoin-miner/

That site has all the signs of being a total scam.  It is just too good to be true.  

For example they claim to use a 20nm ASIC chip.  As far as I know KNC are the only people with 20nm chips and that took a major development effort.

Also drawing just 2100 Watts to run 10 Terrahash makes it the most energy efficient miner I have ever heard off, by a wide margin.

I like their 10 year warranty.  It would be nice if it was all true.

There are also lots of other indicators of this being a scam - exactly 500 Facebook likes,  no prior history etc etc.

In summary treat minerslab as a total scam.
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
December 25, 2014, 04:18:35 PM
#2
Hold on a second, I'm pulling up my specs right now...

EDIT:
Alright, it looks like with my setup I'd do under 3GB per month. It's only pulling 1KB/s at max. You could mine on an old POTS dial-up line. It basically sends small texts back and forth. It's hardly any data. And when the stratum protocol came out, it made it even less.

And I've never heard of the website. I'm running some AntMiners.
newbie
Activity: 8
Merit: 0
December 25, 2014, 04:16:35 PM
#1
I am getting a Miner that is 10TH/s.  I am going to be putting it in my grandpa's hangar where there isn't any Electricity bills.  I need a internet connection there so I was thinking of getting a 4G router instead of a traditional internet connection, since I don't want any data overages I need to get the right data plan.  So how much would it use?


Also is this a trusted site?:  https://www.minerslab.com/product/smart-miner-2-se-10ths-rack-mount-bitcoin-miner/
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