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13 Comments

  1. Zij
    September 8, 2017 @ 8:16 pm

    Fantastic post/video. Very insightful!

    Reply

  2. Fahed
    September 9, 2017 @ 3:41 pm

    You are the best …
    God be with you throw the this Irma hurricane….

    Reply

  3. SM
    September 12, 2017 @ 8:39 am

    In your Level 2 – Mine – Hold, when and how do you define the base price to act on your currency multipliers in trading to BTC?

    Reply

    • Rolf
      October 3, 2017 @ 4:40 pm

      Well, when I mine something I usually try to also buy some to get me jumpstarted and care about it a little more. And a lot of times they bounce up and down in price for a while.

      For example, I’ve mined a bit of MUE, mostly when it was around the $0.14 value. And I bought more to run a couple masternodes. So that’s my base price.

      It’s not an exact science….and I could probably do a better job tracking everything to maximize my returns.

      Reply

  4. Gary
    September 21, 2017 @ 2:09 am

    Rolf,
    How do yo see the recent crackdown by the China gov. On Bitcoin? Along with the (Jackbooted, Neo fascist propaganda driven false proclamation ) made by Wall streets Slimmest, ConArtist, criminal, Jaime Dimond, about anyone in his criminal organization not touching crypto? Personally, I see it as a, BIG +++
    Especially For the long term. All Ive heard from most people was there’s no money in mining Bitcoin, with the much cheaper price of electricity in China they are dominating the mining of Bitcoin. I see the states crackdown as a + now it is instantly freed from that type of negative excuse and can be minied more world wide, -1 nation. + I’m Glad Jamie Puke Face, Dimond said it on the same news cycle, while no one is listening to that criminal anyway. He’s done nothing but try to destroy main st., America, & the free market, and all Americans way of life, so he can steal all the toys. He has few if any fans out in the real world, if I hear him say hold, I’m selling, & vice versa. He’s a lying bag of pig shit. I see his attempt to futher harm cryptos, as a rally cry for all miners vacuuming money out of his pockets by the hashrate. What’s your thoughts on the latest?
    PS: all I’ve heard, over & over is how the Chinese Billioniares were using Bitcoin to sneak their fortunes out of China, and flee from the yoke of socialism. The State, cracked down, Suddenly to catch all the tax cheats in Chinese business who use Bitcoin on a constant basis to cheat taxes.
    China, I beleive will collect their massive fortune in unpaid taxes, fines, & in 6-12 months, slowly allow Bitcoins use back into normal use. BUT, with more taxes, & rules than a Chinese fire drill.
    My grand pa always said, son you know your over your target when you see the flack. What I saw from Jamie Dimond was defiantly FLACK.

    Reply

  5. Tiberius
    October 10, 2017 @ 6:02 am

    Rolf, Thank you, very insightful!

    I own/operate a small media company in Atlanta, consisting of FischEye, a Video production service, & JDFischEye, a Live production service.
    We’ve been growing fast &, in year 6 we are opening a location in Gwinnett 2018, needless to say, we are very interested in diversifying.
    I’ve followed CryptoCurrencies with great interest since graduating in 2012, but am only now getting to a point in my Career/business to afford to think about security, & investments.
    Because of having to build my own video editing workstations, I’ve felt liked id be comfortable, & even compelled to Begin, not only involving myself in crypto exchange, but specifically mining as well.

    Most of my client work is in Buckhead, & Midtown, and Our home office is in Lawrenceville.
    I’d love to film, edit, or even simply pass on knowledge about message driven or creative, storytelling through media. (obviously as a gift)
    Love the information your putting out there & I want to help you spread it!
    maybe learning a thing or two along the way?

    Congrats on what you’ve built !!!

    (Though we earn most of our revenue nowadays from club & venue clients through JDFischEye,
    Our FischEye Clients Have ranged from the City of Suwanee, to Z1 Motorsports, to the Atlanta Falcons & much more.
    feel free to check out any of our Facebook pages… keeping in mind i’m a 28 year old business owner that has not been keeping up my marketing presence as i know i should be b/c of the influxes of client work 🙂 … people have had worse problems 😉 !!! )
    – Love & Prosper to you Brother

    Reply

    • Rolf
      October 16, 2017 @ 4:16 pm

      Tiberius – sounds like you are doing good. When I had an IT business here in the area I worked with some of the cities and universities – it is tough to get new business.

      Maybe I will take you up on your offer sometime – but right now I have all that I can handle going on.

      Reply

  6. dan
    October 14, 2017 @ 4:49 pm

    hi
    thank you soo much for your videos.
    i have a mid size mining farm in my warehouse in miami.
    i have around 20 rigs ( 10 mining eth , 5 mining etc and 5 mining cash)
    but i have an issue with the AC now ,( its a 5 tons ) and the ac is not cooling the place anymore )
    do u think i should stop the AC and just instal Drainable Louver,Fixed,47-1/2 H,Alum
    or do i need to install it and keep the AC working also ?
    the warehouse is 3000 soft , do u think i should build a small room inside the warehouse and put all the rigs inside ?
    if i can fix the issue with the heat, the goal is to install 50 rigs.
    do u think i should also mine bitcoin ? and just buy Antminer S9-13.5TH/s ?

    thank you for all your great videos

    Reply

    • Rolf
      October 16, 2017 @ 4:29 pm

      I would recommend antminer L3+ they are more profitable than antminer S9 right now.

      If you use ambient air cooling I think you may want to get both an intake and an exhaust fan instead of electricity. It seems to me that if you use air conditioning then blow it out into the environment that is going to cost you a lot of electricity.

      Reply

  7. Blocks Miner
    October 17, 2017 @ 12:00 am

    Hello, Cool publish Blocks Miner. Likely to concern with your website throughout internet ie, might check this? For instance is still industry boss in addition to a very good part of some others may miss out on your excellent composing because of this trouble.

    Reply

  8. Sy
    October 29, 2017 @ 3:36 pm

    Hi Rolf,

    I have access to “free” electricity and I want to get into mining. What should i buy for my first miner? BTW, I am in Tennessee, close to where you are.

    Reply

  9. Albert
    December 4, 2017 @ 8:35 pm

    Hello Rolf, thank you for the very interesting blogs ! When importing mining hardware from China to the US, which HS codes are you using (e.g. S9) ? Can you tell me if and how much import taxes there is for an antminer from China. Cheers

    Reply

  10. josh osborne
    December 11, 2017 @ 11:43 am

    Wondering what you do when you need to fix an s7, or an s9? Do you send it back to Bitmain for repairs, or would a local computer shop have a chance in fixing it?

    Reply

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