paul_matrix
- Mining BTC vs Dollar Cost AveragingDec 26, 2024
Option three: - Throw 50k into BTC right now (that’s around 1.7 BTC at today’s prices) - Use the remaining cash for DCA or buy in chunks when the price dips. With this plan, you could stack more than 3.41 BTC in two…
Before this tax, tons of miners were already struggling. What are the older mining companies saying about this? This could be a real blow.
- Electricity Mishaps in MiningJan 23, 2024
I’ve heard a rule from ages ago about not touching plug prongs with dirty hands. Not a biggie for most devices, but with high power... could add resistance over time.
- Electricity Mishaps in MiningJan 23, 2024
Yeah that’s true. Even if the wiring is decent, I've seen power strips that look solid but have terrible quality sockets.
- Electricity Mishaps in MiningJan 22, 2024
Everything here was consumer-grade. Electricians warned about the outlets not handling heavy loads, but their advice got ignored. The wires overheated too, but who wants to pay for thicker ones? Anyway, that’s history.…
- Electricity Mishaps in MiningJan 21, 2024
Cheap power sources causing chaos. This summer’s heat made things worse. High loads plus scorching temps? Yeah, that led to some serious damage. Flames spread from where outlets were installed. Machines burned, and so…
- Cost of Developing Bitcoin ASICs in 2022Jan 31, 2020
Loving your thoughts here. Why do we let China dominate this space? We should have US-made miners already. Making these devices isn’t rocket science, but we need our chip fabs to avoid dependence on China!
- Starting a New Mining Group RunOct 16, 2019
Wait what? This is news to me. Is all this renting happening through NiceHash? I heard their luck isn't the best.
- Looking for insights on a mining hotel projectMay 10, 2019
Man, some crazy decisions from Russia lately... Their market's gonna tank once foreign restrictions lift.
Everything’s going smoothly, appreciate the concern. With sanctions, costs for this farm are lower than ever. Might even be one of the cheapest spots for industrial mining. And no need for swift thanks to Bitcoin!
Cooling’s sorted, using fans for that. Also checking out automation platforms for mining and found some good options.
Lol yeah, I keep mixing them up with kWh.
We hit a snag with some shipments from China, ugh. Currently putting together the first room at a smaller site. This plant can only handle 4 MWh. Here’s video of the container we’re working on:…
We’re building one right now! Other sites are being set up too with existing buildings getting retrofitted for mining containers. We scored all the needed gear in decent time, fingers crossed the virus doesn’t mess…
Yeah, licensing wasn't the issue last time but sometimes tech just fails, you know? This time, we’ve got a fresh layout planned.
Hey miners! Hope you all hitting it big! I got in touch with a power company wanting to build a mining hotel. They’re starting small with 10MW but plan to scale up fast... Here’s a look at the place:…
- Tech Trouble at the FarmFeb 24, 2019
I’m still waiting on my Chinese contacts... thinking about starting mining in those cheap spots then reselling equipment. Got any tips for legal stuff or pricing?
- Tech Trouble at the FarmFeb 23, 2019
That’s interesting! Didn’t expect mining to pop up in a food place.
- Tech Trouble at the FarmFeb 23, 2019
Not a mining farm, just a warehouse for food distribution. Owner had a cheap power deal and lost an ice cream company.
- Tech Trouble at the FarmFeb 20, 2019
Cameras and locks, plus several circuits with extra breakers. We lost a couple of units, but a fire like that would be rare for us.