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Topic: SinoHash second facility opens for preorder - page 4. (Read 13624 times)

sr. member
Activity: 471
Merit: 500
Dear users

As you may know that we have been building a new farm - one that has stabler power supply and better temperature control- but today we experienced an issue that didn't occur during the test run and it led to the main circuit breaker to trip multiple times. Eventually we decided to switch the power off. Our electric engineer already located the source of the problem and promised to fix it tomorrow.

Apologies,
Eric
newbie
Activity: 4
Merit: 0
So, can't we get a "single" miner anymore? I know hosting one single miner is a little bit difficult but please consider the "minor" investors Smiley I believe what Eric is doing here. I was trying to host a single miner in his facility but since he is very busy and I'm a single miner investor we couldn't do that at least in 15 days. Due to lack of communication and etc. Now, Bitmain's all S9's are sold out, I don't have a chance to buy a miner and host it anymore.

I am asking on behalf of people like me, "minor" investors. Should we check time to time for opportunities or should not?

Cheers. 
sr. member
Activity: 471
Merit: 500
I failed to secure enough miners for my clients from the recent releases - they are sold out within a minute, literally.
But it is still available to purchase on sinohash.com

The info on the website is often not up-to-date and I suggest you to check with me regarding availability and prices.
legendary
Activity: 1806
Merit: 1164
Read the whole thread and note here that Eric now has a ten miner minimum for new clients.
newbie
Activity: 22
Merit: 0
What miners are available to buy is the better question? Are the new T9s available? As far as i can see on the bitmain site they are shipping them in 7 days.
legendary
Activity: 1357
Merit: 1004
I failed to secure enough miners for my clients from the recent releases - they are sold out within a minute, literally.
But it is still available to purchase on sinohash.com
sr. member
Activity: 471
Merit: 500
How do you accept payments and how do you pay back to customers? I haven't found a "create account" link on the site... What is electricity cost at your facility? What mining pool are you using?

Payment can be sent either using bank wire or btc but the later of the two is much preferred.

Creating account is not needed. You can check the miners via your pool account.

Electricity including maintenance cost is RMB 0.3 or USD 0.045 per kWh.

You pick the pool(s).

Eric, are Ant S9 miners still available? I'm interested in buying and hosting one and pay in BTC. I've sent a PM to you.
I am interested too.

I failed to secure enough miners for my clients from the recent releases - they are sold out within a minute, literally.
legendary
Activity: 1357
Merit: 1004
How do you accept payments and how do you pay back to customers? I haven't found a "create account" link on the site... What is electricity cost at your facility? What mining pool are you using?

Payment can be sent either using bank wire or btc but the later of the two is much preferred.

Creating account is not needed. You can check the miners via your pool account.

Electricity including maintenance cost is RMB 0.3 or USD 0.045 per kWh.

You pick the pool(s).

Eric, are Ant S9 miners still available? I'm interested in buying and hosting one and pay in BTC. I've sent a PM to you.
I am interested too.
sr. member
Activity: 700
Merit: 330
February 28, 2017, 03:02:12 AM
How do you accept payments and how do you pay back to customers? I haven't found a "create account" link on the site... What is electricity cost at your facility? What mining pool are you using?

Payment can be sent either using bank wire or btc but the later of the two is much preferred.

Creating account is not needed. You can check the miners via your pool account.

Electricity including maintenance cost is RMB 0.3 or USD 0.045 per kWh.

You pick the pool(s).

Eric, are Ant S9 miners still available? I'm interested in buying and hosting one and pay in BTC. I've sent a PM to you.
sr. member
Activity: 471
Merit: 500
February 25, 2017, 08:48:07 PM
The farm is situated in a valley flanked by mountains. There are villages built on the slope on the mountain closer to the farm (the vintage point where I took some of the pics), the mountain on the other side a wide river and a road apart; in event of a landslide on the near mountain, it would be catastrophic as the land mass would destroy the village on its path first, most likely taking toll of the lives of hundreds of villagers who have lived there for generations, before it reaching down to the hydropower station, and collapse the concrete and steel structure underneath - very unlikely.
sr. member
Activity: 471
Merit: 500
February 25, 2017, 08:43:04 PM
I did take flooding scenario into consideration when building the farms - that's part of the reason that both SinoHash farms are built on top of existing structures of the hydropower stations, as a result, they are more than three meters elevated from the ground - bear in mind these hydropower stations cost millions of dollars so the owners have much more at stake, surfice to say that sufficient measures have been implemented with efficacy proven by the continued existence of the hydropower stations.
The material is so chosen to suit the local climate. Strong wind is extremely rare as the region is surrounded by layer after layer of mountains; since they are built on top of buildings, light weight is appreciated.
sr. member
Activity: 700
Merit: 330
February 24, 2017, 06:37:42 AM
Revenues from mining are transferred to your wallet, which you declare in the pool. You choose PPS or PPLNS in your pool.
Every month you pay Eric equivalent of $42 for electricity you need to S9. ( Power Consumption approx. (1.3kW*24h*30)*$0.045=$42.12 )

Thank you. Now I understand.

Eric, the facility is very close to the river and doesn't look like massive concrete buildings... Is it safe? Do you have insurance to withstand a flooding or a landslide like this: http://usa.chinadaily.com.cn/china/2013-07/14/content_16772875.htm I see on Wikipedia that precipitation level in Shimian during June and July is even higher than in Amazonian region.
full member
Activity: 133
Merit: 100
February 24, 2017, 05:47:47 AM
So what is this Ant S9 miner hosting fee about?



My understanding is that maintenance fee cannot consist of pure electricity, there should be also operational expenses (salary, profit, insurance). Hashnest probably can afford include electricity fees only, because they also get profit from AntPool and Bitmain. How does SinoHash make profit?

And how do I get paid back and on what basis (PPS, PPLNS)?

Rogerdale,

You mix some idea.

It is hosting.
You buy s9, you agree that with Eric first. S9 works in Sinohash.
S9 configuration is followed by your data, which you send to Eric (pool URL, worker).
Revenues from mining are transferred to your wallet, which you declare in the pool. You choose PPS or PPLNS in your pool.
Every month you pay Eric equivalent of $42 for electricity you need to S9. ( Power Consumption approx. (1.3kW*24h*30)*$0.045=$42.12 )
sr. member
Activity: 700
Merit: 330
February 24, 2017, 05:20:59 AM
So what is this Ant S9 miner hosting fee about?



My understanding is that maintenance fee cannot consist of pure electricity, there should be also operational expenses (salary, profit, insurance). Hashnest probably can afford include electricity fees only, because they also get profit from AntPool and Bitmain. How does SinoHash make profit?

And how do I get paid back and on what basis (PPS, PPLNS)?
hero member
Activity: 693
Merit: 500
February 24, 2017, 05:06:27 AM
Electricity including maintenance is RMB 0.3 or USD 0.045 per kWh.

So I would pay electricity fee USD 0.045 per kWh. Am I correct that the miner is 0.115 kW per THs? In this case I would pay per day:
1) 13.5*0.115*0.045*24 = 1.68 USD electricity fee.
2) 40/30 = 1.33 USD hosting fee.

Total is 3.01 which is greater than currently at Hashnest.


As far as I know the total fee for hosting & maintenance is 1.68 USD per day, which is significantly cheaper then Hashnest Smiley
sr. member
Activity: 700
Merit: 330
February 24, 2017, 04:56:16 AM
#99
Electricity including maintenance is RMB 0.3 or USD 0.045 per kWh.

So I would pay electricity fee USD 0.045 per kWh. Am I correct that the miner is 0.115 kW per THs? In this case I would pay per day:
1) 13.5*0.115*0.045*24 = 1.68 USD electricity fee.
2) 40/30 = 1.33 USD hosting fee.

Total is 3.01 which is greater than currently at Hashnest.
sr. member
Activity: 471
Merit: 500
February 23, 2017, 09:24:25 PM
#98
How do you accept payments and how do you pay back to customers? I haven't found a "create account" link on the site... What is electricity cost at your facility? What mining pool are you using?

Payment can be sent either using bank wire or btc but the later of the two is much preferred.

Creating account is not needed. You can check the miners via your pool account.

Electricity including maintenance cost is RMB 0.3 or USD 0.045 per kWh.

You pick the pool(s).
sr. member
Activity: 700
Merit: 330
February 23, 2017, 07:22:29 PM
#97
How do you accept payments and how do you pay back to customers? I haven't found a "create account" link on the site... What is electricity cost at your facility? What mining pool are you using?
legendary
Activity: 1174
Merit: 1001
February 21, 2017, 12:03:45 PM
#96
I've got to second usenets message.  I have had my share of bad luck (like most miners at times) but Eric has been very fair and responsive in resolving any issues!

+1 SinoHash
sr. member
Activity: 471
Merit: 500
February 21, 2017, 11:50:29 AM
#95
Thanks for the kind words. I am lucky to have you as a customer and there are so many things I can do to improve I am sure.
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