Author

Topic: New mining hub (Read 4037 times)

member
Activity: 99
Merit: 10
June 25, 2016, 12:56:54 PM
#26
https://i.imgur.com/ICJndTj.jpg

Here are my 5 S7's these were purchased in Feb 2016. For price and further information you can contact me via PM.

what the price ?

If you're interested you can PM me.
newbie
Activity: 53
Merit: 0
June 25, 2016, 09:16:42 AM
#25
https://i.imgur.com/ICJndTj.jpg

Here are my 5 S7's these were purchased in Feb 2016. For price and further information you can contact me via PM.

what the price ?
hero member
Activity: 560
Merit: 500
June 18, 2016, 05:19:53 AM
#24
is power connection stable or does get fluctuate?
member
Activity: 99
Merit: 10
June 18, 2016, 03:41:46 AM
#23
Well, right now I'm just mining bitcoins. And it is giving really good results. I'm looking into ETH mining too but I'm facing lot of cons in it.

Could you share the results and what are the cons you are finding in ETH?

Practically mining ETH is not that hard but making a ROI is because :
1. You have to calc. the price of whole rig (Motherboard, RAM, Processor, etc.) to carefully plan your ROI.
2. The graphic cards overheat if not maintained their heat levels.
3. Cannot implement immersion cooling. (Still working on this)
4. Upgrade in hardware like the SSD/HDD 'cause the applications developed stay on the blockchain.
5. The whole network has to be synced before you mine.
6. Cards can go bust/worn out. (life isn't guaranteed)

and many more. these are just the basics. Think about it. An do let me know if I'm wrong at any point. It'll be much appreciated.

I've been mining Ethereum since February and I had started mining bitcoins and cryptos since 2012.

So
1. The price of the whole rig is there, but it is still a better cost for ROI than it is for getting a bitcoin mining ASIC - and you can easily sell the parts second hand, while selling a bitcoin miner is hard.
2. Only one of my graphic cards have ever overheated and then I had to go for a RMA - but it was great because the 7950 was RMA'ed and replaced with a R9 280!
3. I never needed that
4. You can mine Ethereum even through Linux USB
5. That is not true. You can pool mine and there is no need to that, if you use the method in which you sync the network - the profits are less
6. Yeah but they will definitely not worn out within a year in which Ethereum Mining Period shall end - so you can easily get quite a big amount back after selling your Rig parts second hand

Feel free to comment on any point that you think I have been wrong.

Thanks

Good one man. I thought I missed some points and indeed I did. Tongue
hero member
Activity: 700
Merit: 500
June 18, 2016, 02:37:20 AM
#22
What is the approx cost comes out at present for 1 ETH & Bitcoin considering all the factors and equipment?
sr. member
Activity: 298
Merit: 250
June 17, 2016, 11:56:57 PM
#21
Well, right now I'm just mining bitcoins. And it is giving really good results. I'm looking into ETH mining too but I'm facing lot of cons in it.

Could you share the results and what are the cons you are finding in ETH?

Practically mining ETH is not that hard but making a ROI is because :
1. You have to calc. the price of whole rig (Motherboard, RAM, Processor, etc.) to carefully plan your ROI.
2. The graphic cards overheat if not maintained their heat levels.
3. Cannot implement immersion cooling. (Still working on this)
4. Upgrade in hardware like the SSD/HDD 'cause the applications developed stay on the blockchain.
5. The whole network has to be synced before you mine.
6. Cards can go bust/worn out. (life isn't guaranteed)

and many more. these are just the basics. Think about it. An do let me know if I'm wrong at any point. It'll be much appreciated.

I've been mining Ethereum since February and I had started mining bitcoins and cryptos since 2012.

So
1. The price of the whole rig is there, but it is still a better cost for ROI than it is for getting a bitcoin mining ASIC - and you can easily sell the parts second hand, while selling a bitcoin miner is hard.
2. Only one of my graphic cards have ever overheated and then I had to go for a RMA - but it was great because the 7950 was RMA'ed and replaced with a R9 280!
3. I never needed that
4. You can mine Ethereum even through Linux USB
5. That is not true. You can pool mine and there is no need to that, if you use the method in which you sync the network - the profits are less
6. Yeah but they will definitely not worn out within a year in which Ethereum Mining Period shall end - so you can easily get quite a big amount back after selling your Rig parts second hand

Feel free to comment on any point that you think I have been wrong.

Thanks
member
Activity: 99
Merit: 10
June 13, 2016, 03:39:48 AM
#20
with your points.. you have scared me...  Embarrassed


I don't mean to scare anyone here. That's the reality brother. As I have my own farm right now and being a good analyst made me realize these things in time. I'm still trying to figure out how to pull ETH mining efficiently.
hero member
Activity: 700
Merit: 500
June 12, 2016, 07:39:20 PM
#19
with your points.. you have scared me...  Embarrassed


Since BTC prices are on rise at present so would certainly beneficial as well as compared to ETH
hero member
Activity: 560
Merit: 500
June 12, 2016, 02:42:54 PM
#18
with your points.. you have scared me...  Embarrassed
member
Activity: 99
Merit: 10
June 12, 2016, 12:19:51 PM
#17
Well, right now I'm just mining bitcoins. And it is giving really good results. I'm looking into ETH mining too but I'm facing lot of cons in it.

Could you share the results and what are the cons you are finding in ETH?

Practically mining ETH is not that hard but making a ROI is because :
1. You have to calc. the price of whole rig (Motherboard, RAM, Processor, etc.) to carefully plan your ROI.
2. The graphic cards overheat if not maintained their heat levels.
3. Cannot implement immersion cooling. (Still working on this)
4. Upgrade in hardware like the SSD/HDD 'cause the applications developed stay on the blockchain.
5. The whole network has to be synced before you mine.
6. Cards can go bust/worn out. (life isn't guaranteed)

and many more. these are just the basics. Think about it. An do let me know if I'm wrong at any point. It'll be much appreciated.
hero member
Activity: 700
Merit: 500
June 12, 2016, 09:44:22 AM
#16
Well, right now I'm just mining bitcoins. And it is giving really good results. I'm looking into ETH mining too but I'm facing lot of cons in it.

Could you share the results and what are the cons you are finding in ETH?
member
Activity: 99
Merit: 10
June 11, 2016, 03:58:52 AM
#15
Well, right now I'm just mining bitcoins. And it is giving really good results. I'm looking into ETH mining too but I'm facing lot of cons in it.
hero member
Activity: 700
Merit: 500
June 11, 2016, 01:29:08 AM
#14
Which all coins at present are you mining and how does your calculation go to see if its yielding you profit or not?
member
Activity: 99
Merit: 10
June 10, 2016, 02:21:42 PM
#13
Still mining. I'm trying to big. And I'm contacting people for manufacturing miners in India.
hero member
Activity: 700
Merit: 500
June 10, 2016, 12:58:42 PM
#12
Are you still mining with this or stopped it. Also the reason for sale?
member
Activity: 99
Merit: 10
June 10, 2016, 07:31:06 AM
#11
https://i.imgur.com/ICJndTj.jpg

Here are my 5 S7's these were purchased in Feb 2016. For price and further information you can contact me via PM.
hero member
Activity: 700
Merit: 500
June 09, 2016, 12:38:37 PM
#10
Between I have 5 S7's at my place is anyone's interested in buying?

When was it purchased, do you still have the bill and hows its conditions. Kindly posts few pics of it.
newbie
Activity: 9
Merit: 0
June 09, 2016, 06:41:49 AM
#9
How much for all 5.
member
Activity: 99
Merit: 10
June 09, 2016, 06:20:23 AM
#8
Between I have 5 S7's at my place is anyone's interested in buying?
newbie
Activity: 3
Merit: 0
June 09, 2016, 03:10:36 AM
#7
Hi,

I am planning to start the mining in New Delhi or Noida as I am from Noida. Do you have any idea about where to buy Antminer S7 or S9? Are you planning to visit China for that?

We can collaborate. Please send me message in inbox.
newbie
Activity: 9
Merit: 0
June 09, 2016, 12:57:37 AM
#6
I am planning to buy 50 Pcs of S7 Antminer and 20 Pcs of L1 Antminer for scrypt.
I want to ask you all will it be good source of profitable mining if my electricity expense is very low nearly zero.
Please post your suggestions. Thank You
newbie
Activity: 9
Merit: 0
June 07, 2016, 04:52:53 PM
#5
First of all 1.5mw equipment i.e. 12phs container is very costly. I am talking about 50ths equipment first. I can use till 132kva right now at my home and i have a industrial grade power supply at my brick factory of 720KVA. I can use both of them and it will be managed in that only. And some with my links i will work it out. I have got very good connection in govt and other govt bodies. I will get some pressure from some very high profile ppl to make it work. So first i will b going for 50 to 100Ths.
member
Activity: 99
Merit: 10
June 07, 2016, 04:09:28 PM
#4
It is UP board only and its not for the whole area only for few in those few. We pay a fixed amount there is no metre only. Apart from that i have other sources solar also. I dont experience in mining but i do have experience in cryptocurrencies trading and all. But i will start very soon.

You have a fixed price. Understood! But whats the limit. Obviously we cannot shoot up a 1.5MW container just like that on some small fixed price. Be specific.
newbie
Activity: 9
Merit: 0
June 07, 2016, 03:07:13 PM
#3
It is UP board only and its not for the whole area only for few in those few. We pay a fixed amount there is no metre only. Apart from that i have other sources solar also. I dont experience in mining but i do have experience in cryptocurrencies trading and all. But i will start very soon.
hero member
Activity: 700
Merit: 500
June 07, 2016, 01:05:40 PM
#2
Hello Everyone,

I am Anuj Singh and I am going to start a mining hub for both SHA256 & Scrypt mining at my home near Lucknow. The facility will have speed of 50 TH/S for SHA256 and 1200MH/S for scrypt.
The main point is at my home where the facility will be established, there we dont pay our electricity bill according to the usage it is fixed irrespective of power consumption. Therefore I think we can earn good profits.
Anybody who will be interested to join my pool and cloud mining platform is totally welcome. What i need is any suggestions for anybody who are willing to help me in starting this facility.

Thank You


From which board you receive power supply and is it for you case its fixed or in entire area the power is fixed?
What experience do you have in mining?
newbie
Activity: 9
Merit: 0
June 07, 2016, 07:35:26 AM
#1
Hello Everyone,

I am Anuj Singh and I am going to start a mining hub for both SHA256 & Scrypt mining at my home near Lucknow. The facility will have speed of 50 TH/S for SHA256 and 1200MH/S for scrypt.
The main point is at my home where the facility will be established, there we dont pay our electricity bill according to the usage it is fixed irrespective of power consumption. Therefore I think we can earn good profits.
Anybody who will be interested to join my pool and cloud mining platform is totally welcome. What i need is any suggestions for anybody who are willing to help me in starting this facility.

Thank You
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