12/4/2013 12:39 PM
Edited Date/Time: 12/4/2013 12:40 PM
right from the start I can tell you that your chain is WAY too tight.
These are the possibilities I can think of:
1. Your bottom bracket bearings are ruined because your cranks are way too tight.
2. Your tightened your bearings on your rear hub too tight (either the lockrings that press up against the bearings or the axle nuts are so tight that they are putting too much pressure on the bearings.
3. Your chain is so tight that its putting uneven pressure on the driver bearings, causing them to flex.
Take everything apart and put it back together without over-tightening stuff.