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Topic: Mining operation - page 2. (Read 3324 times)

sr. member
Activity: 357
Merit: 250
March 14, 2015, 05:23:55 AM
#28
We are hot here also, but we use evaporative cooling system.

It is better to build your own warehouse if you have some space , it is better than using apartments.

If building a new warehouse is an option with you, then let me know to tell you what kind of evaporative cooling we use here.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
March 13, 2015, 04:54:22 PM
#27
Is evaporative cooling an option? If the relative humidity is quite low and water isn't expensive to supply, a passive evaporative inlet system could do quite a bit of good.
hero member
Activity: 882
Merit: 500
Where am I?
March 13, 2015, 04:24:41 PM
#26
Degree C. In the sun at extreme. Its near Turkey

Ok wow I highly suggest trying on a small scale.  That is extreme for a ambient mining.  

I think you will be surprised how much heat they can put out.  Maybe someone has some advice but 122 F to start with is like a nightmare for a miner. You will not be able to pull outside air in and exhaust it out.    You will have to have all air going through AC's.  20TH in that like you mention is just going to be hard.

Around 117F ambient a SP20E, will need to be slowed down to 1.35Th to operate without hitting 125C on its cores.  I imagine 122F it will need to be even slower, the SP20Es have a very hot running core, so they will probably still operate in this heat but at lower hashrates. As far as other miners I do not know, I only heat tested the SP20E.
legendary
Activity: 1456
Merit: 1000
March 13, 2015, 04:05:38 PM
#25
Degree C. In the sun at extreme. Its near Turkey

Ok wow I highly suggest trying on a small scale.  That is extreme for a ambient mining.  

I think you will be surprised how much heat they can put out.  Maybe someone has some advice but 122 F to start with is like a nightmare for a miner. You will not be able to pull outside air in and exhaust it out.    You will have to have all air going through AC's.  20TH in that like you mention is just going to be hard.
member
Activity: 167
Merit: 10
March 13, 2015, 03:24:26 PM
#24
Degree C. In the sun at extreme. Its near Turkey
legendary
Activity: 1456
Merit: 1000
March 13, 2015, 02:56:42 PM
#23
It is a country in the middle east. Im summier it is 50degree so every house has lots of colliers. Rent is no problem aswell (oftopic) haha. The hardware is an esyimate from hardware I already purchased second hand and China import.

When you say 50 degree do you mean in F or C?
member
Activity: 167
Merit: 10
March 13, 2015, 02:12:48 PM
#22
Ahh, I get it.  Roll Eyes hosting is being advertised by telling it isbimpossible to do. I can make the devices work without heat problem dont try to sell me cloud mining.
The prices are crazy!. I try to get 25 th per appartement. I can grow the operation from there since rent will be 250 Inc. Electricity. I need the right hardware and expertise to be as efficiënt as possible. Any one a suggestion, feel free.
full member
Activity: 125
Merit: 100
March 12, 2015, 11:21:05 AM
#21
You'll need many extra AC units. 20THs when its 50 outside will break a single 4000 BTU AC. I don't think this plan makes enough sense to succeed.
member
Activity: 167
Merit: 10
March 12, 2015, 10:34:31 AM
#20
It is a country in the middle east. Im summier it is 50degree so every house has lots of colliers. Rent is no problem aswell (oftopic) haha. The hardware is an esyimate from hardware I already purchased second hand and China import.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
March 12, 2015, 09:04:27 AM
#19
Sorry to have gone off-topic with gear price calculations. I wasn't questioning your honesty so much as hoping you'd reveal your source so I could also get in on hardware at that price.
full member
Activity: 125
Merit: 100
March 12, 2015, 07:45:03 AM
#18
You are right sir. The point is I have more than one appartement. I plan to put 20th/s per appartement. But thanks for thinking with me guys.. Keep it going and private message me if you have any hardware or other specific info

20TH/apartment? So 11-13KW (at best) of use... I think you'll find that's beyond what most apartments can handle.

Also, 20TH will only make $1855, so rent is going to kill you, let alone power. Where are you located?
member
Activity: 167
Merit: 10
March 12, 2015, 05:23:41 AM
#17
You are right sir. The point is I have more than one appartement. I plan to put 20th/s per appartement. But thanks for thinking with me guys.. Keep it going and private message me if you have any hardware or other specific info
legendary
Activity: 1456
Merit: 1000
March 12, 2015, 04:44:38 AM
#16
Most of my appartments will need rewiring to make sure no shortcuts or other issues can occur. I have attached a cooling system in every room. All of this can be backed up by pictures of the appartments.

I would suggest starting small and growing.

But how you talk about 100T of gear there just is no way it will be in a apartment.  It will take a building/warehouse and a lot of things done to it.  Residential miners will be much much less then 100T.
member
Activity: 167
Merit: 10
March 12, 2015, 04:02:56 AM
#15
I have got the location ready for usage. About the electricity, you are right. Most of my appartments will need rewiring to make sure no shortcuts or other issues can occur. I have attached a cooling system in every room. All of this can be backed up by pictures of the appartments.

I need mining hardware, thats all I need to start of. I would be very interested in people who run a operation that is getting unprofitable, since I can take over their miners and keep them part of my opperation so we can benefit together!

Guys I know some of you are reading this and could offer me great help, dont hold back, I have a lot to offer in return and am a Business student so I have done some calculations and have some basic knowledge on doing business.

There are lots of sites offering second hand miners for 200usd/th/s ofcourse this is not ideal but still, with almost no electricity costs they could still gain a good profit.

legendary
Activity: 1456
Merit: 1000
March 12, 2015, 03:21:03 AM
#14
Guys we are going of topic with the replies. I asked for expertise not for research into my honestnes.  I can get th/s at that price, as I mentioned Electricity is so cheap that efficiency does not matter so i can also buy second hand miners. I just need findings, it does mot have to be much. And need expertise of People with 50th/s or higher operation that ks running right now


To go back to your topic.  Yes you could use BTC Jam or Loan forum here - https://bitcointalk.org/index.php?board=65.0

With being new to get loan on forum will need to jump through hoops and have collateral to cover loan. As a general rule most lenders hate to loan for mining operations.  They are normally looking for different types of loans.

You will have to have a "A" on BTC jam rating, and if you have no history it is again harder to get.  You can see current listings - https://btcjam.com/listings/f/all-terms/usd-tied,btc-tied,brl-tied,rub-tied,eur-tied,mxn-tied,inr-tied/all-ratings/safe/no-hide/asc,3/mining?page=1

Your operation you ask for 100 to 300 (of some 260 per miner) comes out to 26,000 to 78,000. 

That does not include location rent, also most locations will not want to let you modify building for mining.  You need to do a lot of electrical work, and a good exhaust system.  Then have networking gear.  The list goes on and on.

Im sorry to say but most likely you will not find a investor online.  You most likely will need to fund yourself, or have a plan for bank or someone who knows you to try to get funding.
legendary
Activity: 1456
Merit: 1000
March 12, 2015, 03:07:05 AM
#13
Who's giving you $260/TH? I've talked to Bitmain, Spondoolies and Avalon in the last week and haven't gotten numbers that good from any of them.

It is very possible to get this low or lower, you just have to order the right quantity.

Please show proof of any company with current gen miner doing this.  Specifically the 3 companies mentioned in what you quoted. I don't see getting 260 and definitely not lower.



Easily done.

http://www.spondoolies-tech.com/products/holiday-special-sp20-mini-farm-batch-2

$5495.00/15 = $366.33 each

$366.33/1.7 = $215.49 per Th  (Even if you go with 1.65 or 1.6 its still less then $250, cause getting them to 1.7 or higher is a PITA)

That was only 15, imagine ordering in quantities of 50+

I will give you credit showing something those.  But they are sold out and will not produce SP20's anymore.  I cannot find quote but I believe they said last batches were sold at a loss.

SP has the SP31 in stock 2000/5T = 400 per TH.

Look at Bitmain S5 419/1.155 T = 375

I honestly hope I am wrong and you can show a current gen miner being sold at 260 per T but I just don't see it unless going twords old gear.
member
Activity: 167
Merit: 10
March 12, 2015, 02:29:49 AM
#12
Guys we are going of topic with the replies. I asked for expertise not for research into my honestnes.  I can get th/s at that price, as I mentioned Electricity is so cheap that efficiency does not matter so i can also buy second hand miners. I just need findings, it does mot have to be much. And need expertise of People with 50th/s or higher operation that ks running right now
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
March 12, 2015, 02:17:45 AM
#11
Who's giving you $260/TH? I've talked to Bitmain, Spondoolies and Avalon in the last week and haven't gotten numbers that good from any of them.

It is very possible to get this low or lower, you just have to order the right quantity.

Please show proof of any company with current gen miner doing this.  Specifically the 3 companies mentioned in what you quoted. I don't see getting 260 and definitely not lower.



Easily done.

http://www.spondoolies-tech.com/products/holiday-special-sp20-mini-farm-batch-2

$5495.00/15 = $366.33 each

$366.33/1.7 = $215.49 per Th  (Even if you go with 1.65 or 1.6 its still less then $250, cause getting them to 1.7 or higher is a PITA)

That was only 15, imagine ordering in quantities of 50+

Okay, now try that with hardware that a) actually exists, and b) isn't price-hammered into selling at a loss. I know what SPTech's price break is for SP31 right now and it's certainly not that.
hero member
Activity: 882
Merit: 500
Where am I?
March 12, 2015, 01:47:51 AM
#10
Even if the proof is very legit, I think other details would be required to get a loan at btcjam. I  doubt they would fund an operation that big.


I have been involved in several orders of $5k and much more that was all done with cash or credit card, no loans involved.
hero member
Activity: 882
Merit: 500
Where am I?
March 12, 2015, 01:46:41 AM
#9
Who's giving you $260/TH? I've talked to Bitmain, Spondoolies and Avalon in the last week and haven't gotten numbers that good from any of them.

It is very possible to get this low or lower, you just have to order the right quantity.

Please show proof of any company with current gen miner doing this.  Specifically the 3 companies mentioned in what you quoted. I don't see getting 260 and definitely not lower.



Easily done.

http://www.spondoolies-tech.com/products/holiday-special-sp20-mini-farm-batch-2

$5495.00/15 = $366.33 each

$366.33/1.7 = $215.49 per Th  (Even if you go with 1.65 or 1.6 its still less then $250, cause getting them to 1.7 or higher is a PITA)

That was only 15, imagine ordering in quantities of 50+
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