Expanding a Crypto Mining Operation in the EU

Hey everyone, I'm based in the EU and man, electricity prices are killer here. I've got over 20 ASICs running at home and honestly, the returns are decent even with the current rate of 0.16€/KWH. My buddy and I are thinking about ramping up to a small mining farm. Found a sweet deal on electricity at 0.07€/KWH for 1MW and secured a warehouse, but it’s a 2-hour flight away from me.

You should definitely look into using a proxy. No one with a big setup should connect all miners directly to the internet. Proxies help consolidate your miners’ internet usage, making it just like one miner. This can really boost your connectivity performance.

Totally agree on the proxy thing. You will also need some remote management tools. I’ve got 50 ASICs in one spot and 75 GPUs spread out. I can access everything from my home PC, which is a game saver.

That's a solid setup. I run multiple proxies too. You can set each proxy to send hash rates to 1 or 2 pools, with backups. If you have several proxies, it’s like having multiple miners working together, so you won’t lose out if one goes down.

For sure, a certified electrician is a must for the infrastructure. You don't need one all the time though. Just have someone on-call for fuse changes or emergencies. If everything's running smooth, you might not need them for ages.

Hey, we’re also in Europe! We’re kicking off a mining project with the same electricity price, 0.07€/KWH, plus we’ve got big facilities for free. Joining forces could really boost our capabilities and attract more investors.

I’ve got years of mining experience, worked with all kinds of miners. I can offer help with maintenance and troubleshooting. Check out our crew in India, we’ve been in this since 2015.

This forum is awesome! Appreciate all the tips! I’m gonna get into the proxy info and test it out with my ASICs. Expect updates and pictures of the setup!

Thanks for the advice, Larson! I’ll share some visuals soon.

Hello, We’re scouting for a mining container location near Germany, looking for 200 KWH capacity. Hit me up on WhatsApp +49 171 3050103 if anyone's interested in teaming up.