Topic: How to create my own cloud mining service - page 2. (Read 4438 times)
You need lots of hardware, programmers, connections. Not forgetting of course the cost of electricity and many more things to do. Another thing is that after profitable or not.
I think at the current BTC price it would be difficult to start a new mining farm. You need space somewhere (warehouse), equipment, cooling, someone to maintain it all, etc. The start up costs would be staggering. And I doubt that too many people would preorder with all the scams going around.
You would either need an investor to back you, or a huge wad of cash yourself that you can invest. I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.
Best of luck!
A newly released hardware would be very expensive while being efficient. Having bulls of these hardwares getting released to the public would only increase the difficulty, hence reducing its profitability.You would either need an investor to back you, or a huge wad of cash yourself that you can invest. I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.
Best of luck!
Cloudmining is also a risk for the operator, many hardwares can die in a few days or months and sending it for RMA can be quite slow. I doubt a warehouse would be ideal for hosting a server since it wouldn't have sufficient powering or airflow unless you redesign it. These machines does give off a lot of heat. It also isn't good to have high electrical fees. It largely depends on the geographical locations.
I think at the current BTC price it would be difficult to start a new mining farm. You need space somewhere (warehouse), equipment, cooling, someone to maintain it all, etc. The start up costs would be staggering. And I doubt that too many people would preorder with all the scams going around.
You would either need an investor to back you, or a huge wad of cash yourself that you can invest. I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.
Best of luck!
You would either need an investor to back you, or a huge wad of cash yourself that you can invest. I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.
Best of luck!
lots of good info in this post here, also i remember reading somewhere that the new asic technology would be finished being developed sometime this year, if you have the capital to invest, waiting for that might be a good idea. but don't expect there to be something simple like a 'script' to get a hige operation like a mining farm started, youll need a wide variety of skills and staff to maintain your farm 24/7.
You would either need an investor to back you, or a huge wad of cash yourself that you can invest. I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.
There is no good source that say's S6 will be "soon". We still don't know when it will be.
Right now the S4+ is their newest gear that is being sold
I think at the current BTC price it would be difficult to start a new mining farm. You need space somewhere (warehouse), equipment, cooling, someone to maintain it all, etc. The start up costs would be staggering. And I doubt that too many people would preorder with all the scams going around.
You would either need an investor to back you, or a huge wad of cash yourself that you can invest. I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.
Best of luck!
You would either need an investor to back you, or a huge wad of cash yourself that you can invest. I hear that Bitmain is coming out with the s6 soon, and that may chage the game a little bit by offering increased efficiency or cheaper used equipment.
Best of luck!
I want to know how can i create my own cloud mining service, is there any scrpt for this?
LOL... is there a script for this.You need more than a script to make a cloud mining service. You need a boatload of hardware to mine stuff. Unless of course you just want to setup a Ponzi scam, in which case I'll offer no assistance.
Come back when you've got multiple PH/s of BTC mining gear up and running. Then we'll discuss how to create a cloud mining service.
The ones that are legit write their own as far as I know. I have not seen a cloud mining "all in one" that anyone has released.
Sadly with all the bad sites a lot of them I think imitate a miner, and there truly is nothing mining. One day... they run off with money.
There are a few good one's out there, but I doubt they will share as they most likely paid someone to program it.
I want to know how can i create my own cloud mining service, is there any scrpt for this?
LOL... is there a script for this.You need more than a script to make a cloud mining service. You need a boatload of hardware to mine stuff. Unless of course you just want to setup a Ponzi scam, in which case I'll offer no assistance.
Come back when you've got multiple PH/s of BTC mining gear up and running. Then we'll discuss how to create a cloud mining service.
I want to know how can i create my own cloud mining service, is there any scrpt for this?
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