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Bitcoin Mining for Dumbasses

Bitcoin Mining for Dumbasses is a public service. This bitcoin mining guide is meant to be as educational as it is entertaining as a recent eBay sale I made for an Avalon Miner 741 went horribly wrong.  Why did a simple sale go horribly wrong? You’ll understand after you read Bitcoin Mining for Dummies.

I live in a posh bachelor pad and rented it before I knew bitcoin mining would be the center of my life.  After a week of experimenting with the power constraints of 110 volt, 20 amp circuits I concluded it would be best to sell one of my brand new Avalon Miner 741s on eBay.  Here’s the original listing.

 

bitcoin mining

The final price was nice – $1295 – when you consider I bought mine directly at the standard price of $795.  This should be the end of the story for this bitcoin mining adventure, right? WRONG. Not when you encounter bitcoin mining for dumbasses.

This dumbass had his Avalon Miner 741 for ONE DAY then decided it doesn’t work.  Never mind the fact the auction said no returns.  Put aside the fact that bitcoin mining can be a little complicated and it takes time to figure out how all the different moving parts move together. Heck, it took me DAYS to figure out exactly what I was doing wrong and get things on track. This is especially true with the Avalon line due to the requirement of a separate controller.  This clown came back the SAME DAY he received his ASIC miner and wanted his money back… The back and forth continued for days….

I finally ask eBay to step in citing the clear “no returns” term in the auction.  Every single eBay auction for a bitcoin miner has this policy…

bitcoin mining for dumbasses

The response from eBay was swift and stunning.  They took the buyer’s side….

bitcoin mining ebay return

For a real laugh read the first two paragraphs.  “This is my area of expertise.” “We honor all seller return policies.” etc. etc.  Total laughable bullshit.

So naturally when eBay asks for my feedback I tell it like it is.  I’m very proud of myself for not dropping even one F-bomb in my comments….

selling bitcoin miners on ebay

Here’s the takeaway — never sell bitcoin miners.  You’re too likely to find a dumbass who can’t follow instructions or watch a YouTube video.  That’s why Bitcoin Mining for Dumbasses is so important.  I can see this moron tying up auctions for weeks with purchases and returns because he’s too stupid to follow instructions or even apply basic critical thinking skills.  Bitcoin mining is most definitely not a “plug and play” activity but you can adopt a “set it and forget it” mentality once you have your bitcoin miners running right.

BUT WAIT THERE’S MORE…  The Avalon Miner 741 he returned ended up working perfectly.  The box didn’t look good so initially I was worried…

avalon miner 741

Always the optimist I go shopping for what I know I needed to bring this puppy online….

bitcoin mining power supplies

And because I was running out of sufficient power I had to run a seriously long extension cord from another room from an untapped 20 amp circuit…

bitcoin mining power

So here’s the setup…… I run the extension cord from the spare bedroom, plug it into the power supplies and fire up the Avalon Miner Mr. Dumbass said didn’t work…

bitcoin mining
The Avalon Miner 741 running in pairs.
bitcoin mining
Green and Blue Lights – The Best Signals

And the final moment of truth when it comes to successful bitcoin mining….

bitcoin mining for dumbasses
Two Avalon Bitcoin Miners running off one controller.  Each Miner 741 is rated 7.1 TH/s with some variance.  Running two at 16.5 TH/s is EPIC. As good as it gets.

So the bitcoin miner that “ShockwaveJr” claimed didn’t work is actually working perfectly – at its peak of output.  That’s why I wrote this article “Bitcoin Mining for Dumbasses” — bitcoin mining can be complicated and I tell you from firsthand experience that it took me roughly three months to fully understand all of the dynamics and variables that make bitcoin mining happen.

If I had to GUESS what this bitcoin mining dumbass did wrong I’d have to say he failed to join a mining pool so he wasn’t getting any work for his miner to process.  Other guesses include he improperly set up the Raspberry Pi controller I THREW IN FOR FREE or a lack of sufficient power.  What’s clear is that the bitcoin miner he claimed doesn’t work actually works perfectly.  Just approach bitcoin mining with an open mind and a technical mindset and you will make money bitcoin mining.