Topic: I need help! Please. (Read 534 times)
According to Lee from group buy forum, the A2 from Innosilicon has some bugs in firmware that needs to be worked out.
Well i did not even knew about multipools. And you are right difficulty is rising very quickly so it seems like a more reliable way to maintain a more regular profit, i will start looking into multipools and other cryptocurrencies.
As far the miners are concerned i'm looking to make profit as fast a i could because the bitcoin economy is extremely unpredictable i feel like the price could quickly collapse and i could potentially loose money, so i'm looking at the fastest miners out there but also with reasonable power consumption.
Another reason why i'm looking to earn BTC as fast as possible si because the initial investment it's not entirely mine i want to pay it back as soon as possible because i don't feel comfortable with the idea of losing money that isn't mine.
This being said i would very much appreciate if you could further help me with the miner situation.
Regardless of your resoponse i'm quite grateful for your advice.
As far the miners are concerned i'm looking to make profit as fast a i could because the bitcoin economy is extremely unpredictable i feel like the price could quickly collapse and i could potentially loose money, so i'm looking at the fastest miners out there but also with reasonable power consumption.
Another reason why i'm looking to earn BTC as fast as possible si because the initial investment it's not entirely mine i want to pay it back as soon as possible because i don't feel comfortable with the idea of losing money that isn't mine.
This being said i would very much appreciate if you could further help me with the miner situation.
Regardless of your resoponse i'm quite grateful for your advice.
No problem 
Have you considered Scrypt mining rather than SHA256 mining. There are ASIC's developed for that now. You can look into getting something with the Innosilicon A2 Terminator chip. That does around 1.6 to 1.8 MH/s per chip and only uses 10 Watts of power. A 60MH/s Scrypt mining machine is around 10K USD. It may be better considering the difficulty level of Bitcoin to mine an alt coin at an easier difficulty level and mine lots of coins and then convert it to BTC at an exchange. Or even mine at a multipool where they mine the most profitable coin and keep automatically switching to the best one and convert all the coins to BTC for you. The 60MH/s rig would only draw around 400 watts. Think about power costs per Kilowatt Hour and Scrypt asic power draw versus SHA256 power draw. There is even a 90 MH/s rig which is around 14K USD.
A 60MH/s Scrypt rig on We Mine Them All multipool shows on the stats page that it should earn around 0.16 BTC per day. This is approximate mind you and will change with the difficulty level of each coin they mine rising. At current exchange rate in USD that would be around 71.2 USD per day. Or around 2136 USD per month.
Coinwarz shows 3TH/s on SHA256 mining Bitcoin with cost of equipment at 10K and electricity costing 0.10 USD per KWH you should at current difficulty mine a profit of 92 USD per day. Your electricity cost may be different but it gives a ball park figure.
It is worth looking into both as Bitcoin difficulty may rise quite steeply and your machine may then earn a lot less per day. Alt coins are much lower diff levels so may not rise as quick. Only you can decide that, but hopefully this has helped a bit.
Have you considered Scrypt mining rather than SHA256 mining. There are ASIC's developed for that now. You can look into getting something with the Innosilicon A2 Terminator chip. That does around 1.6 to 1.8 MH/s per chip and only uses 10 Watts of power. A 60MH/s Scrypt mining machine is around 10K USD. It may be better considering the difficulty level of Bitcoin to mine an alt coin at an easier difficulty level and mine lots of coins and then convert it to BTC at an exchange. Or even mine at a multipool where they mine the most profitable coin and keep automatically switching to the best one and convert all the coins to BTC for you. The 60MH/s rig would only draw around 400 watts. Think about power costs per Kilowatt Hour and Scrypt asic power draw versus SHA256 power draw. There is even a 90 MH/s rig which is around 14K USD.
A 60MH/s Scrypt rig on We Mine Them All multipool shows on the stats page that it should earn around 0.16 BTC per day. This is approximate mind you and will change with the difficulty level of each coin they mine rising. At current exchange rate in USD that would be around 71.2 USD per day. Or around 2136 USD per month.
Coinwarz shows 3TH/s on SHA256 mining Bitcoin with cost of equipment at 10K and electricity costing 0.10 USD per KWH you should at current difficulty mine a profit of 92 USD per day. Your electricity cost may be different but it gives a ball park figure.
It is worth looking into both as Bitcoin difficulty may rise quite steeply and your machine may then earn a lot less per day. Alt coins are much lower diff levels so may not rise as quick. Only you can decide that, but hopefully this has helped a bit.
Thanks! Really useful 
Hope this helps. It's from the KNC news page.
Neptune Power Requirements
While we will not release the maximum performance of the Neptune miner we can now release the required power supply to give people time to purchase them. The maximum power draw will be 2100w of power and we recommend this to be either two 1200w power supplies or three 850watt power supplies. This does include a bit of a safety margin on our side and of course underclocking will be possible to reduce the power requirements even more.
Thanks
KnCMiner Team
It can be found here if you scroll down to the 16/04/2014 section.
https://www.kncminer.com/news
Neptune Power Requirements
While we will not release the maximum performance of the Neptune miner we can now release the required power supply to give people time to purchase them. The maximum power draw will be 2100w of power and we recommend this to be either two 1200w power supplies or three 850watt power supplies. This does include a bit of a safety margin on our side and of course underclocking will be possible to reduce the power requirements even more.
Thanks
KnCMiner Team
It can be found here if you scroll down to the 16/04/2014 section.
https://www.kncminer.com/news
I'm planning to start mining Bitcoins and the mining hardware i'm looking at its the Kncminer Neptune Third Batch (https://www.kncminer.com/products/neptune-third-batch) but i'm having problems finding it's power consumption.
So my question is: does anyone knows it's power cosumption and if they is a better one which one would it be?
I'm planning to invest about 10,000 usd and trying to find the most efficient and low consumption miner.
Thank you! for the help.
So my question is: does anyone knows it's power cosumption and if they is a better one which one would it be?
I'm planning to invest about 10,000 usd and trying to find the most efficient and low consumption miner.
Thank you! for the help.
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