Will racks and frames for GPU mining be in demand?

Wipro

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Quote from: winterland on October 30, 2017, 09:58:54 PM

Quote from: malikusama on October 30, 2017, 03:07:53 AM

Idea is appealing but not much effective or high profitable because majority of the miners order locally to make their racks and frame or buy them.
The idea will be effective if your friend would able to make racks and frames having attractive architecture design than others.

Also I think the price is of utmost importance if he offers his products for an expensive price then no one is going to buy them also I think it could be a good idea to open the business in China instead that way you are not going to have to deal with exporting your product since most miners are there anyway.

As of now Bitmain is the Chinese based mining supply company only. They are the manufacturer of the antminer series machines dude. Then what can do about Chinese ban. You can ignore that and go with the people who really sells the miner from china. I noticed in Ebay there are many resellers use to sell the miner ASIC with the high trust. Even they are faster than bitmain supply time.

TheHas

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I think there would be demand for the right price. I currently have a milk crate mining rig (saw it built on youtube) which does the job pretty well, but the spacing between GPU's could be better and cable management is a bit all over the place. Most on ebay are over $100 bucks - that's way too much in my opinion for what is sometimes just a wooden frame of five pieces!

The only way I'd spend that much (maybe) is if it was a perfectly spaced tight unit you could carry around that tidies up cables as well. Would also need cheap shipping (possibly something easy to assemble and can be flat packed).

An example of the kind of frame that would get my attention is this one:
https://www.youtube.com/watch?v=FUs3Z1z0TvA

So tidy and portable!

winterland

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Quote from: malikusama on October 30, 2017, 03:07:53 AM

Idea is appealing but not much effective or high profitable because majority of the miners order locally to make their racks and frame or buy them.
The idea will be effective if your friend would able to make racks and frames having attractive architecture design than others.

Also I think the price is of utmost importance if he offers his products for an expensive price then no one is going to buy them also I think it could be a good idea to open the business in China instead that way you are not going to have to deal with exporting your product since most miners are there anyway.

malikusama

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Idea is appealing but not much effective or high profitable because majority of the miners order locally to make their racks and frame or buy them.
The idea will be effective if your friend would able to make racks and frames having attractive architecture design than others.

jdeanne92

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Definitely yes. As of now gpu mining is very hit in the market. Many people are investing in this kind of business. So as a result. These equipments should eventually increase in cost

tenebriscaelum

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This wound be a good business, tell your friend to take the risk specially that there is few to no testsbeds/racks/cases for multi gpu setup for cryptocurrency minning. Minning in general is booming right now I have seen it this past few months specially in the gpu sector where you cannot find a specific gpu and most of the pc gamers were stuck getting a $300++ gpus. Also if a good material is used in making the rack your friend can sell it in a much higher price Grin

player514

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Quote from: pinkflower on September 16, 2017, 10:54:59 PM

I have a friend who is an architect but hes taken some interest in cryptocurrencies. He said he can build racks and frames to use for placing all those GPU's for mining.

Is there a market for this, and is the demand enough for it to be its own business? He plans to ship them internationally.

Your friend would need to target the large scale mining companies. Most of them are in China from what I know. I also think that when people are buying that many GPU's, they probably have some method worked out already to rack the gpus they buy. However, if your friend can offer them at a price that is lower than what it costs them to produce, I believe that there is an opportunity to create a business out of this.

Hydrogen

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I think producing racks/frames might loosely fall under manufacturing.

AFAIK the three main price points determining success or failure in the manufacturing industry are #1 labor costs #2 material costs and #3 shipping costs(distribution, tariffs, etc).

Those three main points determine how competitive someone has the potential to be within global markets. Countries like china have prosperous manufacturing sectors due to their labor costs being extremely low. In the past, the united states had a strong manufacturing sector due to its abundance of raw materials.

One potential issue is there's no standardization for rack size in terms of usability for building/warehouse size. Most mining outfits may have racks custom built to fit whatever warehouse or building they're working out of. If that's the case, the racks may be locally sourced to welders or custom fabricators. That might complicate things.

Reatim

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Quote from: KaliLinux on September 30, 2017, 02:38:48 PM

That's a good plan to begin. As your friend is an architect he should have a some creative own ideas to built racks and make sure those racks should be free for air. But now a days people are setting their own racks and frames by them. It could be in demand if someone starts like a data center because there will be a needs for long space for racking. Better to ask your friend to dig into the forum and get some ideas and knowledge's.

This will be huge I think. I haven't seen anyone offering this kind of services so this would be a first. Also go for solo mining if possible. And since he is an architect, the design should be very minimal(I'm a minimalist myself). Just include what is needed so that it will look cool. So goodluck to your endeavor and hope you'd be successful.

777Bitcoin

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Quote from: btc_angela on September 30, 2017, 08:24:06 AM

Quote from: 777Bitcoin on September 29, 2017, 10:12:01 PM

I think this is a good idea, hope you and your friend find a way for more advertising on this forum. I would suggest something that would be relate in this forum and your mining rig frames. Why not? Make a referral system here, start a thread about your completed frames and post contacts and website. One who refer you get commission (btc payment % per complete transaction) after a done deal and it would be good start. Because your market is here in the forum already.

Good suggestion. It best that your friend join this forum so that he can hear all the suggestions of the member here you have already setup their own mining rigs and looking for like a 'customization'. Your friend can also check the picture here's, as far as I can remember some members here are sharing photo's of their setup. So your friend would have a idea what it actually looks like as supposed to autocad drawings. Of course the payment should be in bitcoin, so better teach your friend about creating bitcoin wallet as well.

Thanks for the heads up. And i think your right, his friend must have an idea about bitcoin and its transactions for him not to be scammed for his future clients. And that is necessary if he intended to market mining that is related to bitcoin or altcoin because it does have the same concept after all.

And if he market it here there is a big probability to gain more clients than any other forum or platform but he must present good working rig frames.

bubblebit

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As mining industry in China is affected on its regulation, it is high time to build a solo mining. So mining rigs frames must be in demand soon. So take the bite of opportunity, build your model frames already. Make a thread and post pictures and estimated price per retail or bulk.

@777bitcoin is right that it might be good to start your referral here in this forum, it will boost your advertising for a bigger profit and name building. But just always be careful with scammers it’s better to escrow bitcoin transactions always.

KaliLinux

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That's a good plan to begin. As your friend is an architect he should have a some creative own ideas to built racks and make sure those racks should be free for air. But now a days people are setting their own racks and frames by them. It could be in demand if someone starts like a data center because there will be a needs for long space for racking. Better to ask your friend to dig into the forum and get some ideas and knowledge's.

btc_angela

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Quote from: 777Bitcoin on September 29, 2017, 10:12:01 PM

I think this is a good idea, hope you and your friend find a way for more advertising on this forum. I would suggest something that would be relate in this forum and your mining rig frames. Why not? Make a referral system here, start a thread about your completed frames and post contacts and website. One who refer you get commission (btc payment % per complete transaction) after a done deal and it would be good start. Because your market is here in the forum already.

Good suggestion. It best that your friend join this forum so that he can hear all the suggestions of the member here you have already setup their own mining rigs and looking for like a 'customization'. Your friend can also check the picture here's, as far as I can remember some members here are sharing photo's of their setup. So your friend would have a idea what it actually looks like as supposed to autocad drawings. Of course the payment should be in bitcoin, so better teach your friend about creating bitcoin wallet as well.

777Bitcoin

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I think this is a good idea, hope you and your friend find a way for more advertising on this forum. I would suggest something that would be relate in this forum and your mining rig frames. Why not? Make a referral system here, start a thread about your completed frames and post contacts and website. One who refer you get commission (btc payment % per complete transaction) after a done deal and it would be good start. Because your market is here in the forum already.

Kemarit

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Quote from: pinkflower on September 16, 2017, 10:54:59 PM

I have a friend who is an architect but hes taken some interest in cryptocurrencies. He said he can build racks and frames to use for placing all those GPU's for mining.

Is there a market for this, and is the demand enough for it to be its own business? He plans to ship them internationally.

Yes, this could be very profitable in the near future if you and your architect friend can design a "ergo" friendly racks and frames for GPU mining. I think there is a market for this and hasn't been tap yet. Maybe you and your friend can show some pictures of his design. As long as the design is very nice and friendly and the price affordable, no don't have a problem selling it. I was searching for a rack for my kids gadgets, like ipad and tablets, for their school. Maybe you can also ask your friends about designing one.

24core

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Quote from: pinkflower on September 16, 2017, 10:54:59 PM

I have a friend who is an architect but hes taken some interest in cryptocurrencies. He said he can build racks and frames to use for placing all those GPU's for mining.

Is there a market for this, and is the demand enough for it to be its own business? He plans to ship them internationally.

They are in demand at the moment. There are many making their first mining rigs and a nice open air rack that makes it easier for them to setup would help a lot.

batang_bitcoin

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Quote from: pinkflower on September 16, 2017, 10:54:59 PM

I have a friend who is an architect but hes taken some interest in cryptocurrencies. He said he can build racks and frames to use for placing all those GPU's for mining.

Is there a market for this, and is the demand enough for it to be its own business? He plans to ship them internationally.

There's a big market for GPU mining and you can market it out. The industry of crypto currency is pumping so there's a good way for you to have a decent income with this business. Just try to advertise in a good place where potential customers can see your products. This is a good business and I'm thinking about this before for those people who are optimistic in mining.

pinkflower

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Ok thanks for the feedback. We will try to make one and upload pictures of it show everyone and try to see if its something the community wants. If we get enough demand or orders lets see what we can do.

Maybe we should also accept orders for custom made ones? Will that be better?

crismass1225

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right now there are lots of people mining crypto and there are making there own rack and frame but taking it to a serious and professional look maybe he can ship it o russia china and japan, as i know there are some market of frames and rack for mining rigs but there few of them including your friend. If we are talking about the demand for mining rig frame and rack I think the demand is not big for now as many miners are doing their own framen and rack as DIY... maybe your friend can make innovation that every one cannot make it

pinkflower

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I have a friend who is an architect but hes taken some interest in cryptocurrencies. He said he can build racks and frames to use for placing all those GPU's for mining.

Is there a market for this, and is the demand enough for it to be its own business? He plans to ship them internationally.

Topic: Will racks and frames for GPU mining be in demand? (Read 995 times)