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Showing 9 of 9 results by msj219
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Board Service Discussion
Re: Free Power for cut of Mining in California
by
msj219
on 06/09/2018, 21:51:18 UTC
Direwolf,

no offense taken, I'm sure there are lots of scammers out there and please don't take offense that I'm not really looking to publicly disclose all the specifics of the arrangements we have but it is all verifiable and this is a $60m warehouse facility that has the main power contract that the 1000 amps is coming out of and you can come see it in person in LA if need be.

the numbers need to make sense before anything of substance is done, as I mentioned for now just the availability of power is there, warehouses are easy to find..

obviously I considered just building our own rigs or buying asics, both have gone down in price quite a bit... but the possibility of lower lows is too big of a risk imo to purchase equipment at this time as they are rapidly dropping in price.

just something that's been on my desk for a few weeks now and the best solution I could come up with is, perhaps looking for miners who have turned off their machines due to power costs it the right way to go and it's a win/win for both parties if the (mining profit share) - (facility overhead) = (x) and that x allows us to recover initial costs for the facility ideally within a year.


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Topic
Board Service Discussion
Re: Free Power for cut of Mining in California
by
msj219
on 06/09/2018, 21:12:38 UTC
@DireWolf, The facility will be right in LA, it hasn't been setup yet just feeling things out, would need to make sure there will be enough demand for such a service before moving forward with anything.

@suchmoon, the fee wouldn't be 50% of cost as that would make it pointless and I'm not here trying to gouge people. I came to this forum because I have a unique opportunity and thought I'll share and see if there's something that can be done with it as I'm one of I'm sure many whom have turned off their machines.

Also, there's good chance we will put our rigs as well, maybe do 25% ours, 75% lease space/power, not sure any of the specifics yet, just got the power deal in place for now.
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Topic
Board Service Discussion
Re: Free Power for cut of Mining in California
by
msj219
on 06/09/2018, 18:35:58 UTC
yea I suppose it would be similar to hosting, the machines can mine whatever the miners want and should be able to be remote run by the miner, we could help with maintenance needs if issues arise.

it's definitely going to have some kinks to work out.

basically I can provide power at 0 kwh cost, 120 or 240v, up to 1000 amps

the cost instead of power is % of the mining.

and it would be housed in a warehouse in California, it's a major city.
Post
Topic
Board Service Discussion
Re: Free Power for cut of Mining in California
by
msj219
on 06/09/2018, 15:52:42 UTC
hey it's not a scam...

basically I have an offer for 1000 AMPS of power because of another power contract with the same company.

I personally have not been running my machines these days as my electricity is high (0.15 cents) and it's just not profitable at all.

I'm guessing others are in the same position and unable to run or running at a loss for the moment.

Even with the power being free, with the market how it's behaving and the fact that a capitulation scenario is definitely possible with the current bear market we are in.

I can't really with good reason suggest someone to invest into hardware right now even though gpus are much cheaper than a few months ago.

However this power is up for grabs and I'm able to get it if there looks like there's demand for such a service.

I'm thinking something like a open warehouse and ppl can store their rigs there and we'll run them, would need some kind of software or maybe our own pool to keep track of whats mined?

I have been spending the last few days thinking of ideas while running cost projections and thought why not post in the forums and see what other more seasoned miners think.
Post
Topic
Board Service Discussion
Free Power for cut of Mining in California
by
msj219
on 06/09/2018, 13:26:21 UTC
Hello all,

I'm just another cryptohead who got into mining last year and sadly had to turn off my rigs due to my local high power costs and heat issues (built myself a 56x gpu farm before stopping).

Anyhow, I've recently come across a very interesting deal with one of the larger power companies out here in California for an allocation of 1000 AMPS for nearly free.

Sounds to good to be true? Maybe it is, the specifics still need to be worked out but the offer is real due to some other business arrangements my partner has with the power company for another company of his.

Now why am I here?

I am considering outfitting a warehouse big enough to house rigs for the 1000 AMPS.

I've started crunching the numbers and even at the current lower costs for equipment due to the market crashing, it's really hard to justify putting money into building fresh rigs when the market looks extremely bearish and we are likely heading lower.

I was watching one of VoskCoin's recent videos and noticed his power costs are nearly 50% of what he is earning at the moment and I'm sure for others it's even worse.

Anyway seems like there is definitely a market for providing in a sense subsidized power (zero power costs) for a % of the mining that is less than what it would be for most smaller operations that can not afford to run their rigs anymore or are not very profitable.

It would help some of the smaller miners keep their miners running and they would make more than they would with paying electricity costs.

My partner and I would obviously benefit from being able to take advantage of this offer we have on the table.

Open to ideas and discussion, feel free to PM me or post in this thread.
Post
Topic
Board Mining (Altcoins)
Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System
by
msj219
on 20/04/2018, 10:11:48 UTC
Hello,

Any help would be appreciated.

Here's my setup that I'm having issues with

- 6x EVGA GeForce GTX 1070 Ti SC GAMING
- MSI z270-a pro mb
- EVGA 1200w P2 PSU
- 8gb RAM

Risers, GPUS, motherboards, etc etc.. I have multiple rigs and I've interchanged all parts and they are working fine.

I'm able to get 4x 1070ti, 3x 1070ti + 2x 1070, but not 3x 1070ti or 6x 1070ti

I get all kinds of errors, sometimes gpu's cpu errors of some sort before the login into simplemining, or the gpu's fans don't run at proper speeds, and even if I manage to somehow get it up it's not stable and reboots even with no overclock.

Assuming it's something simple here I'm missing, feels like a PSU issue even though 1200w should be plenty power for a 6x 1070ti setup?

From what you say i'd say there's 95% chance the PSU can't handle the 6x if you run it with 100% TDP. Any chance you have a cheap +300w PSU lying around and could connect 1 card(if strong enough try 2) or mobo/cpu to it and the rest to the 1200w?

I'm setting them to 170w power limit in overclock settings for simpleOS, is this not lowering the % TDP?
Post
Topic
Board Mining (Altcoins)
Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System
by
msj219
on 20/04/2018, 08:49:16 UTC
Hello,

Any help would be appreciated.

Here's my setup that I'm having issues with

- 6x EVGA GeForce GTX 1070 Ti SC GAMING
- MSI z270-a pro mb
- EVGA 1200w P2 PSU
- 8gb RAM

Risers, GPUS, motherboards, etc etc.. I have multiple rigs and I've interchanged all parts and they are working fine.

I'm able to get 4x 1070ti, 3x 1070ti + 2x 1070, but not 3x 1070ti or 6x 1070ti

I get all kinds of errors, sometimes gpu's cpu errors of some sort before the login into simplemining, or the gpu's fans don't run at proper speeds, and even if I manage to somehow get it up it's not stable and reboots even with no overclock.

Assuming it's something simple here I'm missing, feels like a PSU issue even though 1200w should be plenty power for a 6x 1070ti setup?
Post
Topic
Board Mining (Altcoins)
6x 1070ti simplemining OS issues, maybe power?
by
msj219
on 20/04/2018, 07:51:48 UTC
After enough bashing my head against the wall I've come here in hopes of getting some answers from more experienced miners.

Here's my setup that I'm having issues with

- 6x EVGA GeForce GTX 1070 Ti SC GAMING
- MSI z270-a pro mb
- EVGA 1200w P2 PSU
- 8gb RAM

I'm using SimpleMining OS

I can't seem to get this setup to run, seems to be some sort of power issue which I don't understand why I'm having as people are reporting online that they are running similar setups fine even on a 1000w PSU.

Undervoltted everywhere from 100-170w on the simplemining OC menu and no luck, a lot of the times I get some kind of cpu error on one of the gpus and it never even gets to simplemining OS.

Separated the cards into 3x 1070ti per 1200w P2 PSU on two separate rig setups and they ran just fine dual mining at 170w.

I've gotten 4x to run as well no issues.

Currently I'm experimenting trying to get 3x 1070ti and 3x 1070 to run on a 1200w but having issues with that as well.

I'm guessing there's something really simple I'm missing here or is it simply that I don't have enough power from the PSU somehow?
Post
Topic
Board Mining (Altcoins)
Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System
by
msj219
on 05/02/2018, 23:41:41 UTC
Hi,

Recently got into mining two months ago, been using SimpleOS, great software thanks!

My rigs have been running without a hitch for 2 weeks straight 24/7 then last night it went down for the first time.

Now onto my issue.

Took me a while to troubleshoot but looks like the dwarfpool server that I had been using was down.

My question is, I would like to avoid this from happening in the future if possible, is there a way to set a backup server into the claymore command?

I'm currently running Claymore 10.6 and mining Ethereum and this is the cmd line that I'm using.

-wd 1 -r 1 -epool stratum+tcp://eth-us.dwarfpool.com:8008 -ewal $walletETH/$rigName -esm 0 -epsw x -allpools 1 -mport -3333 -asm 1

Thanks!