Search content
Sort by

Showing 20 of 21 results by JamesSchofield
Post
Topic
Board Computer hardware
Topic OP
5 Cointerra TerraMiners for sale
by
JamesSchofield
on 26/05/2014, 18:03:53 UTC
Hello,

I am selling my Bitcoin miners and hoping to invest the money into the actual coins instead.
I have had them for a few months now and its been a good experience in which time i have learned alot about Bitcoin and the whole mining process in general.
However the noise of all 5 running in my house has got my wife to the breaking point so i will be selling all of my hardware as soon as possible.
There are 5 Machines and they are all Cointerra TerraMiner IV and the average hash rate per machine is between 1.4TH/1.6TH.
They are all 3 months old and still have around 9 months of the Cointerra warranty left on them.
All of the machines are in a very good condition having been kept in an Air-Conditioned room specially adapted for them and are in perfect working order.
I also have some upgraded PSU's and other bits and bobs related to the miners that i will be throwing in for the new buyer.
If you would like to know anything else or have any questions please send me an email

James
jamessco1@outlook.com

http://i61.tinypic.com/311m1j7.jpg

http://i61.tinypic.com/yp893.jpg

http://i62.tinypic.com/5vvwj7.jpg

http://i60.tinypic.com/e7e2he.jpg

http://i62.tinypic.com/oa4z79.jpg
Post
Topic
Board Mining
Re: Cooling Question
by
JamesSchofield
on 14/05/2014, 20:19:33 UTC
I have my miners in an air conditioned room and its kept really cold at all times.
Keep em cool and keep em running.
Post
Topic
Board Mining speculation
Re: 2-4 hours to solve a BTC block CEX:IO??
by
JamesSchofield
on 14/05/2014, 20:07:29 UTC
This is what minings all about, Inevitably the difficulty will rise.
The only way to combat this is to get more hashing power.
Post
Topic
Board Mining
Re: Custom Built Mining Shed
by
JamesSchofield
on 14/05/2014, 19:50:00 UTC
Very nice setup indeed. I always say that if you are going to do something then do it properly.
You sir have done that! well done
Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin Ideal money?
by
JamesSchofield
on 14/05/2014, 19:46:58 UTC
Its always been my ideal money, I look forward to when we can use bitcoins everywhere.
Post
Topic
Board Bitcoin Discussion
Re: How to keep your Cryptocurrency safe - an article by The Cryptocurrency Times
by
JamesSchofield
on 14/05/2014, 19:42:40 UTC
Cant beat good old fashioned paper wallets!
Post
Topic
Board Speculation
Re: Could One Bitcoin Come To Be Worth $1 Billion?
by
JamesSchofield
on 14/05/2014, 19:36:15 UTC
I'm an optimist also but $1 billion? Lol i dont think so.
Post
Topic
Board Bitcoin Discussion
Re: Survey for the UK - Help me with my exam - United Kingdoms
by
JamesSchofield
on 14/05/2014, 19:26:51 UTC
Filled it in for you, Good luck with it  Grin
Post
Topic
Board Hardware
Re: CoinTerra Refund Issues
by
JamesSchofield
on 12/05/2014, 18:39:03 UTC
I think they like to keep your money aslong as possible to finance there own ends.
I got quite a few terraminers when they were first announced and now people can get them for nealy half the price an have them not long after ive received mine.
Post
Topic
Board Mining
Re: Buying a Miner from Bitmain and custom duties
by
JamesSchofield
on 12/05/2014, 18:31:32 UTC
Hi,

I was wondering when you buy a miner from Bitmain is china does the custom charge duties on it?

Normaly when sending a package from foreign countries there has to be a invoice on the outside showing the value of the product.
But when you pay in bitcoins and the value on the invoice is in bitcoins they should not be legally entitled to raise tax on it because bitcoin is not an official currency in most countries.
People who previous ordered miners and paid them in bitcoins, how did this work out??

I live in the Netherlands.


The Taxman will always require his share, That was a nice surprise for me when i spent 30k on miners the first time around and then got hit with a %20 import tax that i wasnt aware of. Not cool
Post
Topic
Board Mining speculation
Re: How much GH/s to add??
by
JamesSchofield
on 12/05/2014, 18:24:58 UTC
You can never have to many GH's, I'm running about 6TH and looking for more  Roll Eyes
Post
Topic
Board Bitcoin Discussion
Re: Why Does the US Military Think Bitcoin Is a Terrorist Threat?
by
JamesSchofield
on 12/05/2014, 18:00:16 UTC
I dont think the US military thinks a lot of things through  Shocked
Post
Topic
Board Bitcoin Discussion
Re: BitPay raising $30 million of capital, gives itself a ridiculous valuation
by
JamesSchofield
on 12/05/2014, 17:55:23 UTC
BitPay raising $30 million of capital, gives itself a $160 million valuation which is ridiculous - an article by The Cryptocurrency Times http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/bitpay-raising-30-million-of-capital-gives-itself-a-160-million-valuation-which-is-ridiculous/



They must be making a fair bit of money
Post
Topic
Board Bitcoin Discussion
Re: First Meta CEO found dead suspected of suicide
by
JamesSchofield
on 11/05/2014, 00:33:20 UTC
http://nypost.com/2014/03/05/bitcoin-firm-ceo-found-dead-in-suspected-suicide/

It appears bitcoin’s recent turmoil has claimed its first life.

Autumn Ratke a 28-year-old American CEO of bitcoin exchange firm First Meta was found dead in her Singapore apartment on Feb. 28.

Local media are calling it a suicide, but Singapore officials are waiting for toxicology test results.
Ratke formerly worked with Apple and other Silicon Valley tech firms on developing digital payment systems.

Ratke’s death brings the number of questionable financial sector deaths this year to eight.
On Feb. 18 a 33-year-old JPMorgan finance pro leaped to his death the roof of the JPMorgan’s 30-story Hong Kong office tower.
Modal Trigger

Photo: Facebook

Li Junjie’s suicide marked the third mysterious death of a JPMorgan banker. So far, there is no other known link between any of the deaths.

Gabriel Magee, 39, a vice president with the JPMorgan’s corporate and investment bank technology arm in the UK, also jumped to his death from the roof of the bank’s 33-story Canary Wharf tower in London on Jan. 28.

On Feb. 3, Ryan Henry Crane, 37, a JPM executive director who worked in New York, was found dead inside his Stamford, Conn., home.

A cause of death in Crane’s case has not be determined until a toxicology report is complete, according to a spokesperson for the Stamford detectives division.

The report is expected within two weeks.

Two other bankers have also taken their lives outside of JPMorgan.

On Jan. 31, Mike Dueker — the chief economist at Russell Investments and former Federal Reserve bank economist — was found dead at the side of a road that leads to the Tacoma Narrows Bridge in Washington state, according to the Pierce County Sheriff’s Department. He was 50.

On Jan. 26, William Broeksmit, 58, a former senior risk manager at Deutsche Bank, was found hanging in a house in South Kensington, according to London police.




Say... 'Theres Been a Murdah' in a Scottish accent and you will know the truth.
Post
Topic
Board Bitcoin Discussion
Re: Block 300,000 party!
by
JamesSchofield
on 11/05/2014, 00:23:54 UTC
There's no party like a Bitcoin Party  Roll Eyes
Post
Topic
Board Bitcoin Discussion
Re: Ask Amazon for Bitcoin Payments
by
JamesSchofield
on 11/05/2014, 00:04:40 UTC
Hi,

Today I had an interesting chat with an Agent from Amazon. I was trying to clear a different issue, when I ask him whether there plans to integrate Bitcoin as a payment possibility. He told me that the subject has been discussed internally, but as long as the customers not ask for it they wont implement it.

So, I asked for it now, what about you?

Regards

Jupppo

A friend of mine did this a few months back, I have also followed suit and received a reply.
Unfortunately Amazon cant see the future aswell as many of us  Roll Eyes
Post
Topic
Board Mining
Re: Holy crap I found a block!
by
JamesSchofield
on 10/05/2014, 23:58:32 UTC
Yeah so technically you havent found a block. The pool has and you would of likely not found the same block solo.
It was a team effort I'm afraid.
Post
Topic
Board Mining speculation
Re: Mining and Solar Electricity
by
JamesSchofield
on 10/05/2014, 23:52:07 UTC
Hi.  I need some experienced mining folks to give me some feedback.  I work for one of the largest residential solar installers in Arizona and we are also in California.  Our cash payment customers are getting their electricity between $0.04 and $0.06/kWh.  There's been a trend in solar to "oversize" systems by 20-30%.  By this i mean, if a customer is using 10,000 kWh/yr they may purchase a system that's generating between 12,000 and 13,000 kWh/yr.  Personally, I don't like to oversize systems because the "extra" electricity is sold back to the utility company at the end of the year at "wholesale" rates (read: less than what they are paying for the electricity).  It occurred to me that bitcoin mining may be a great way to go for some of these homeowners.  For example:  Over the course of a year the PV system overproduces 2,000 kWh of electricity.  As opposed to selling that electricity back to the utility company at say $0.04/kWh it may be better to drop off a "bit coin rig" at the customers house that's capable of using up the extra 2,000 kWh in the course of say a week.

Questions:
Is it feasible to install a rig of that size at someones home?
How many coins would it likely mint?
From your experience mining bitcoins would profit sharing with the home owner be preferable to say $0.07/ kWh?
Considering hardware costs, is this even a worthwhile endeavor?


Cheap clean free energy is the only way to go in the future for mining purposes.
The power requirements today are rediculous.
Post
Topic
Board Bitcoin Discussion
Re: Hardbit hardware wallet?
by
JamesSchofield
on 10/05/2014, 23:42:30 UTC
Well i for one would love a reliable trustworthy hardware wallet.
Post
Topic
Board Bitcoin Discussion
Re: Ubuntu bitcoin packages
by
JamesSchofield
on 10/05/2014, 23:35:13 UTC
This will definately be useful , Thank you for the contribution Tongue