Pages:
Author

Topic: A Man, A Dream and a 4MW Facility. My journey setting this badboy up - page 5. (Read 24304 times)

member
Activity: 644
Merit: 24
how do you survive in this bear trend with mining?   I admire your goals and long term efforts and one day I hope to have your dreams,  But how do you survive this winter storm?

I guess he is not selling any coin he is mining right now and the money he has, he is using to pay the bills as he goes, mining was profitable, last year was 100 days to get your money back, so he might be at loss today but last year he was up, so there is a balance there, fat cows last year, slim cows this year and hopefully fat cows next year, this is called planning cause everybody knows fat cows will lose weight and then regain it back and will lose again. That is how life is in general, ups and downs, need to be strong when cows are slim and wise when cows are fat.

I wish more people had this understanding.  I can't wrap my mind around how some people just can't look at a longer term picture and only look at daily fiat profits.  I can't say it enough ... If you're cashing out into fiat on a regular basis, mining isn't for you.  Maybe it will work out in the end, maybe it won't.  You don't get ahead in any business without taking risks.

It's very hard for me to look at the long term picture where I am paying on average 35 cents home mining with 31 gpus. Tier 3.

I think I'm losing $200 every month. Not sure how long I can keep this up. Just using my day job to cover electric cost and not selling a single coin

You're paying 35 cents usd/kwh?  Where do you live?  And yes, if that is the case, I wouldn't be mining even on a small scale.  That's almost four times what I pay for electricity in the Midwest United States.  I'm paying around 0.09-0.010 usd/kwh.

I don't know what kind of gpu's you are mining with, but we're mining with the exact number of gpu's ... I have 15 1070ti's, 6 Vega 56's, 2 1080's, and 8 1080ti's.  At 80% tpd, it's costing me about $500/month ... That's with box fans, exhaust fan, ect.
full member
Activity: 846
Merit: 115
how do you survive in this bear trend with mining?   I admire your goals and long term efforts and one day I hope to have your dreams,  But how do you survive this winter storm?

I guess he is not selling any coin he is mining right now and the money he has, he is using to pay the bills as he goes, mining was profitable, last year was 100 days to get your money back, so he might be at loss today but last year he was up, so there is a balance there, fat cows last year, slim cows this year and hopefully fat cows next year, this is called planning cause everybody knows fat cows will lose weight and then regain it back and will lose again. That is how life is in general, ups and downs, need to be strong when cows are slim and wise when cows are fat.

I wish more people had this understanding.  I can't wrap my mind around how some people just can't look at a longer term picture and only look at daily fiat profits.  I can't say it enough ... If you're cashing out into fiat on a regular basis, mining isn't for you.  Maybe it will work out in the end, maybe it won't.  You don't get ahead in any business without taking risks.

It's very hard for me to look at the long term picture where I am paying on average 35 cents home mining with 31 gpus. Tier 3.

I think I'm losing $200 every month. Not sure how long I can keep this up. Just using my day job to cover electric cost and not selling a single coin
member
Activity: 644
Merit: 24
how do you survive in this bear trend with mining?   I admire your goals and long term efforts and one day I hope to have your dreams,  But how do you survive this winter storm?

I guess he is not selling any coin he is mining right now and the money he has, he is using to pay the bills as he goes, mining was profitable, last year was 100 days to get your money back, so he might be at loss today but last year he was up, so there is a balance there, fat cows last year, slim cows this year and hopefully fat cows next year, this is called planning cause everybody knows fat cows will lose weight and then regain it back and will lose again. That is how life is in general, ups and downs, need to be strong when cows are slim and wise when cows are fat.

I wish more people had this understanding.  I can't wrap my mind around how some people just can't look at a longer term picture and only look at daily fiat profits.  I can't say it enough ... If you're cashing out into fiat on a regular basis, mining isn't for you.  Maybe it will work out in the end, maybe it won't.  You don't get ahead in any business without taking risks.
jr. member
Activity: 76
Merit: 3
Wow, what fans / rpm are on those cases? That is surprisingly quiet for the quantity in there - love it
full member
Activity: 1148
Merit: 132
how do you survive in this bear trend with mining?   I admire your goals and long term efforts and one day I hope to have your dreams,  But how do you survive this winter storm?

I guess he is not selling any coin he is mining right now and the money he has, he is using to pay the bills as he goes, mining was profitable, last year was 100 days to get your money back, so he might be at loss today but last year he was up, so there is a balance there, fat cows last year, slim cows this year and hopefully fat cows next year, this is called planning cause everybody knows fat cows will lose weight and then regain it back and will lose again. That is how life is in general, ups and downs, need to be strong when cows are slim and wise when cows are fat.
Infrastructure is never a bad investment, hes not renting so really his only cost going forward is maintenance and power
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
how do you survive in this bear trend with mining?   I admire your goals and long term efforts and one day I hope to have your dreams,  But how do you survive this winter storm?

I guess he is not selling any coin he is mining right now and the money he has, he is using to pay the bills as he goes, mining was profitable, last year was 100 days to get your money back, so he might be at loss today but last year he was up, so there is a balance there, fat cows last year, slim cows this year and hopefully fat cows next year, this is called planning cause everybody knows fat cows will lose weight and then regain it back and will lose again. That is how life is in general, ups and downs, need to be strong when cows are slim and wise when cows are fat.
full member
Activity: 846
Merit: 115
how do you survive in this bear trend with mining?   I admire your goals and long term efforts and one day I hope to have your dreams,  But how do you survive this winter storm?
sr. member
Activity: 847
Merit: 383
Hello community!

I have been mining for years now.  Like many, this started as a hobby.  I'm an IT guy that owns a small consulting company and a HVAC company (long story) and do pretty decent for myself.
.
.
.
Mid July 2018, my 4 megawatt 43,000 square foot facility was pretty much ready.  There were many road blocks and turns to get to this point but it was all worth it.  I use about 1 megawatt for me.  I'm mainly a GPU guy but have 50-60 asics.

Looking at the pictures below really don't do justice to the enormity of this thing and the cost.  Everything is expensive at this level of electricity.


WTFMLPQRST Where's the NSFW tag for this? I opened this in the office and now I gotta walk off a boner ...
This is pure unadulterated PORN for us, something most of us have dearly wanted to be able to do someday.

Super Duper Congratamondoes dude on pulling this off, and here's wishing GPU mining stays around for a few years.
Keep us posted on all updates you do to this farm, heck I would love an audio of this facility running, I would find the collective hum of 5000 GPU's blissful.
Also good to know Eliovp is still alive and kicking Tongue

@ deadsix
hahaha Thanks for the laugh bro!  Sorry about the boner.  Tongue

Link below for the hum and the fan noise of the monsters venting.

https://youtu.be/qBmjZk2DZaw
hero member
Activity: 751
Merit: 517
Fail to plan, and you plan to fail.
Hello community!

I have been mining for years now.  Like many, this started as a hobby.  I'm an IT guy that owns a small consulting company and a HVAC company (long story) and do pretty decent for myself.
.
.
.
Mid July 2018, my 4 megawatt 43,000 square foot facility was pretty much ready.  There were many road blocks and turns to get to this point but it was all worth it.  I use about 1 megawatt for me.  I'm mainly a GPU guy but have 50-60 asics.

Looking at the pictures below really don't do justice to the enormity of this thing and the cost.  Everything is expensive at this level of electricity.


WTFMLPQRST Where's the NSFW tag for this? I opened this in the office and now I gotta walk off a boner ...
This is pure unadulterated PORN for us, something most of us have dearly wanted to be able to do someday.

Super Duper Congratamondoes dude on pulling this off, and here's wishing GPU mining stays around for a few years.
Keep us posted on all updates you do to this farm, heck I would love an audio of this facility running, I would find the collective hum of 5000 GPU's blissful.
Also good to know Eliovp is still alive and kicking Tongue
sr. member
Activity: 847
Merit: 383
@ hakumoo 
anywhere from 2 - 5 Mil.  Remember I am a mechanicals guy and i GC'd (General Contracted) this myself.  So that would drive the cost up exponentially.  If you were some suit and tie New York VC guy wanting to do this without a clue what to do, as in you cant nail a piece of wood right.  It would run you way more than that.  I was born poor, grew up poor but we never went without.  Food, clothes, house but that's it.  I learned a ton from my dad about cars and repair, to laying black tar roofs. Summer vacation after school was going as a migrant worker to hoe cotton.  I learned to be what I had to be givin the situation, that's why I could do all this stuff.  I still know when to call in the big guns though when I am over my head.  As in this giant electrical, you get one shot at that.

@ areyouathief
canarm is mfg.  they make industrial stuff  15 HP 480V motors and 6ft x 6ft base.

lol I was spot on, Im good with numbers infrastructure costs that way , nice budget to work with
sweet project.  I have access to 150killo watts myself and that ran me 50k to get it all set up

Your scale is mindblowing

Thanks buddy, yeah its a beast.  Sometimes I wake up and i'm like WTF have I done hahaha. 
full member
Activity: 1148
Merit: 132
@ hakumoo 
anywhere from 2 - 5 Mil.  Remember I am a mechanicals guy and i GC'd (General Contracted) this myself.  So that would drive the cost up exponentially.  If you were some suit and tie New York VC guy wanting to do this without a clue what to do, as in you cant nail a piece of wood right.  It would run you way more than that.  I was born poor, grew up poor but we never went without.  Food, clothes, house but that's it.  I learned a ton from my dad about cars and repair, to laying black tar roofs. Summer vacation after school was going as a migrant worker to hoe cotton.  I learned to be what I had to be givin the situation, that's why I could do all this stuff.  I still know when to call in the big guns though when I am over my head.  As in this giant electrical, you get one shot at that.

@ areyouathief
canarm is mfg.  they make industrial stuff  15 HP 480V motors and 6ft x 6ft base.

lol I was spot on, Im good with numbers infrastructure costs that way , nice budget to work with
sweet project.  I have access to 150killo watts myself and that ran me 50k to get it all set up

Your scale is mindblowing
sr. member
Activity: 847
Merit: 383
@ hakumoo  
anywhere from 2 - 5 Mil.  Remember I am a mechanicals guy and i GC'd (General Contracted) this myself.  So that would drive the cost up exponentially.  If you were some suit and tie New York VC guy wanting to do this without a clue what to do, as in you cant nail a piece of wood right.  It would run you way more than that.  I was born poor, grew up poor but we never went without.  Food, clothes, house but that's it.  I learned a ton from my dad about cars and repair, to laying black tar roofs. Summer vacation after school was going as a migrant worker to hoe cotton.  I learned to be what I had to be given the situation, that's why I could do all this stuff.  I still know when to call in the big guns though when I am over my head.  As in this giant electrical, you get one shot at that.

@ areyouathief
canarm is mfg.  they make industrial stuff  15 HP 480V motors and 6ft x 6ft base.
jr. member
Activity: 94
Merit: 1
@ nsummy
I own the building
I have 8 strands of fiber internet at 100meg inbound. but yea if someone cuts line I am jacked.  It's buried super deep, plus I know the president that provides the service.  I can get a crew out in hours to fix it.
I have a ton of managed 48 port switches - so for customers I can assign diffrent vlans etc.
Nothing yet.  Have GPU Temp is 65 ish and 50-55 at night
  
@ areyouathief
Those are 480V 15 HP Fans pulling 20 amps each.  
Once my hot isles are fully created the airflow will be massive and naturally the temps will drop on the supply side.  I added 3 fans though just in case I need another but 2 should do it max, and a spare.


@ ~10kW I'm able to find more-less 20k cfm fans,
where did you buy these "toys" ?
newbie
Activity: 8
Merit: 0
@ dhouse
@ Marvell2
I did not equate my equipment (miners) into this price as I already had them in different locations. But your number don't even cover my miners, even on the cheap.
Infrastructure alone is brutal to set this stuff up. It's a ton more than what you said with no equipment,  Especially if you want to do it correctly.


Would you be comfortable giving an actual amount, or a range on that? Awesome facility man!
sr. member
Activity: 847
Merit: 383
@ dhouse
@ Marvell2
I did not equate my equipment (miners) into this price as I already had them in different locations. But your number don't even cover my miners, even on the cheap.
Infrastructure alone is brutal to set this stuff up. It's a ton more than what you said with no equipment,  Especially if you want to do it correctly.

Out of curiosity, how was your strategy to actually get all the gear? You must've ordered all directly from the gpu and asic manufacturers? Or the aib partners? Who assembled all the rigs? That's a massive undertaking on industrial scale...

I accumulated over time.  I built them all myself.  It was a ton of work but got it done!  I flew to china met the mfgs got screwed by a few met some good ones and got most of the stuff direct.  I dont have many asics, but the ones I have I bought off of bitmain.  Last year was tough as hell to get anything as we all know.  Lot of people got screwed by the Chinese.  I have mainly 470 8g / 1070 8g / 1060 6g.  I have some 4gb but always liked the more ram to protect myself from whatever comes next.
hero member
Activity: 1274
Merit: 556
@ dhouse
@ Marvell2
I did not equate my equipment (miners) into this price as I already had them in different locations. But your number don't even cover my miners, even on the cheap.
Infrastructure alone is brutal to set this stuff up. It's a ton more than what you said with no equipment,  Especially if you want to do it correctly.

Out of curiosity, how was your strategy to actually get all the gear? You must've ordered all directly from the gpu and asic manufacturers? Or the aib partners? Who assembled all the rigs? That's a massive undertaking on industrial scale...
sr. member
Activity: 847
Merit: 383
@ dhouse
@ Marvell2
I did not equate my equipment (miners) into this price as I already had them in different locations. But your number don't even cover my miners, even on the cheap.
Infrastructure alone is brutal to set this stuff up. It's a ton more than what you said with no equipment,  Especially if you want to do it correctly.
full member
Activity: 1148
Merit: 132
Thanks Guys appreciate it!  Nah we are not rich but I did not have debt therefore I could take a task/risk like this.  

Wouldn't the 5k GPUs alone, not to mention the building and infrastructure, run you close to a mil?

thats far more than a mill bro probably looking at 5 mill investment
jr. member
Activity: 266
Merit: 2
Thanks Guys appreciate it!  Nah we are not rich but I did not have debt therefore I could take a task/risk like this.  

Wouldn't the 5k GPUs alone, not to mention the building and infrastructure, run you close to a mil?
sr. member
Activity: 847
Merit: 383
@ Marvell2
Heliox aka eliovp (my boy!) custom Linux OS and some Smos
Pages:
Jump to: