/biz/ - Business & Finance

>>14223714
what country you in anon, thats a good rate

>>14223741
a country in south europe. i have an useful connection with local gov

Better than gpu. Easier to set up. I use antpool and it gives you the stratum you need for which ever coin you are mining.i mine etc to meet using their pool.

>>14223714
minepi(.com)

Also to access the asic go to it's ip on your network. Password should be root. User is also root if its a bitmain. No tip needed. Pay it forward some day

I was thinking either diamonds or opals. I don't have the cash or line of credit to go looking for minerals just yet.

bumb

>>14224039
That's a purrty sheet cone

>>14223714

You have to restart them once in a while, so you need some kind of a easy access. Also, bear in mind that you gonna need at least fi 3mm cable too keep up with ~1,5kW power consumption. 2mm's gonna melt, when the hot weather comes. Plug them directly to the power source, don't use extension. Clean them once in a while, like once a month. Dirt's gonna mess with the air circulation, and block the airflow between heatsinks. The fan is loud as hell, like a jet, so you cant keep them at home or in a garage. You gonna need a cashout scheme, ask yourself a question, do you have funds to run this kind of operation? Are you gonna pay the bills from the farm directly, or from other sources? Its not always profitable to mine.

0xDBabB9f69A404b67aBF0cD387Fd1DE53C1958C93

>>14224535
If you have an usefull gov connection, be careful. Think about some backup plan, they might want to screw you up at some point.

>>14223714
Installation and maintenance isn't a problem, but if you want to operate at scale you need LOTS of infrastructure for power (MW-grade) as well as enough cooling infrastructure for that power. I would recommend hiring a consultant or you will fuck yourself over.

>>14224608
Also this. Governments hate crypto miners and as soon as the ecowarriors start complaining you're fucked.

>>14224782
>infrastructure for power
can you elaborate on this

>>14225029
You would not not plug all of your miners to one wall socket would you? You need a facility that's been properly designed to handle that kind of power.

asics a shit, they become worthless in a year or two and cant be resold for shit
gpus hold their value and are much quieter, asics will btfo your eardrums

4 cents is good tho, i been mining 4 years on 8 cents

>>14225369
i cant use 10x of these things?

>>14225426
cant mine largescale with gpus tho lol

>>14224782
also where do i find a mining consultant? should i take a flight to shenzen china? these chinks barely speak english though

>>14225445
Why not? There are farms with 1000s of gpus. Not gonna make it Anon.

>>14225429
Here anon take this, you gonna need it

>>14225478
Electric consultant

>>14225500
you cant mine bitcoin with gpus. im not finna mine me some illiquid shitcoin

>>14225518
>electric consultant
neat those should be easy to find

>>14225547
this

>>14225576
Yes, and its not rocket science. You might consider opening a company to get higher consumption limit and accounting benefits

>>14225029
Each miner can draw between 1000-1600w of power or more depending on model. A standard household 20A circuit can barely support 1x and stay safely under 80% load, and a household 240v can barely support 3-4x units. In order to mine at scale you will literally need to have a commercial warehouse and get the power company to install massive transformers just to power the operation. Now add 25% to that total infrastructure just to cool the units. Remember that a large portion of that wattage is converted into heat, and you need to get it away as fast as possible.

The fact that you are asking these questions means that you seriously should reconsider your venture, or seek out someone with the expertise to set you up with a turn-key operation.

>>14225445
Yes you can but it's much more complicated and requires a lot more fine tuning to get stable. ASICs are plug and play simple, but their resale value is limited while you can recover some investment from GPUs. Thankfully there's been some recent developments that make setting up a GPU farm much easier.

>>14225478
You can find someone domestic, just DYOR. If you're willing to have some trust in /biz/ though, drop a throwaway and I'll reach out. Never set up an operation at industrial scale, but have loads of mining experience regardless and could give you some pointers.

>>14225518
An electrical engineer or consultant would have plenty of insights into your power infrastructure, but probably isn't familiar with mining if they haven't worked with it before. One way or another you will need to hire a contractor at some point for this part of the operation.

>>14225547
Yes you can "mine" BTC with GPUs, just not directly. There are plenty of autoswitching pools out there that will mine the most profitable algorithm and automatically exchange all the shitcoins for the currency of your choice.

>>14223714
I have free electricity (to a reasonable degree) and even I wouldn't consider mining. You'll be glad if you ever break even.