Topic: Are some miners quitting already ? (Read 726 times)

Quote from: philipma1957 on July 01, 2021, 05:59:03 PM

Quote from: swogerino on June 30, 2021, 05:10:55 PM

Quote from: Didz on July 02, 2021, 02:49:13 PM

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

You better navigate your situation.
If miners start to go to jail, then it is better to legalize your business or sell equipment.
And it makes no sense to believe the publications in the press, because in most cases, more than 50% of this is a deception. These articles are written for money.

When was a kid a million years ago in the 1960s

Communist Russia was taught to us in the USA 🇺🇸 to be the “bad” guys.

Here was a list of reasons.

Kids are raised in day care.
The mothers go to work and do not raise the kids.
Abortions are legal.
Kids are told to rat out and inform on their parents.

okay now in USA.
kids are raised in day care. well over 50%
The mothers go to work and dont raise the kids.
Abortions are legal in every USA state.
Kids have the ability to call ½ dozen or so government agencies. To rat out or inform on their parents!

Oh yeah russia is still the “bad” guys.

This time it is Putin to blame.

I am sure in 20-30 years Putin will be gone and USA 🇺🇸 will have some other story as to why Russia is the “bad” guy.

You have to look at the big picture world wide. The press is simply a tool used to divide and conquer the people .

If it is going this way i would like tell my thoughts.
I think it is all manupulative game and all people in the world are instrument for this. I think nearly all countries belong to couple of people who control everything those people have most money and shares and im sure they have big amount of BTC too.People who we see on TV they are puppets of those in control. They always keeps our brain busy with fake news and also makes us afraid like virus or war. ive been in many country and saw nearly same things. I think main project is how to make people slave beautifully. Best way they do it like this: Make people hate each other in this way 3rd person makes profit.

Yes it's pretty much the media theory of Noam Chomsky.
The people who control most of the capitals in the world I call them the ghost kings.

ditch the TV or use with caution, i ditched it more than a decade ago. telling you who to love, hate, heroes, right, wrong, eat etc.

i knew i was about to ditch the TV at that time when i was reduced to only watching two channels, national geographic and discovery channel...because i prefer just watching animals roam around in their habitat.

the internet is far superior, you watch whatever, whoever and whenever you want.

Yup, personally when I sit in front of my TV I go straight on YouTube and start watching the left propaganda Democracy Now! which has informative news then I watch Stephen Colbert and after maybe some videos on Cryptos or Documentaries.

The latest Rick & Morty Season 5 is amazing!

arielbit

legendary

Activity: 3388

Merit: 1059

Quote from: philipma1957 on July 01, 2021, 05:59:03 PM

Quote from: swogerino on June 30, 2021, 05:10:55 PM

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

You better navigate your situation.
If miners start to go to jail, then it is better to legalize your business or sell equipment.
And it makes no sense to believe the publications in the press, because in most cases, more than 50% of this is a deception. These articles are written for money.

When was a kid a million years ago in the 1960s

Communist Russia was taught to us in the USA 🇺🇸 to be the “bad” guys.

Here was a list of reasons.

Kids are raised in day care.
The mothers go to work and do not raise the kids.
Abortions are legal.
Kids are told to rat out and inform on their parents.

okay now in USA.
kids are raised in day care. well over 50%
The mothers go to work and dont raise the kids.
Abortions are legal in every USA state.
Kids have the ability to call ½ dozen or so government agencies. To rat out or inform on their parents!

Oh yeah russia is still the “bad” guys.

This time it is Putin to blame.

I am sure in 20-30 years Putin will be gone and USA 🇺🇸 will have some other story as to why Russia is the “bad” guy.

You have to look at the big picture world wide. The press is simply a tool used to divide and conquer the people .

If it is going this way i would like tell my thoughts.
I think it is all manupulative game and all people in the world are instrument for this. I think nearly all countries belong to couple of people who control everything those people have most money and shares and im sure they have big amount of BTC too.People who we see on TV they are puppets of those in control. They always keeps our brain busy with fake news and also makes us afraid like virus or war. ive been in many country and saw nearly same things. I think main project is how to make people slave beautifully. Best way they do it like this: Make people hate each other in this way 3rd person makes profit.

Yes it's pretty much the media theory of Noam Chomsky.
The people who control most of the capitals in the world I call them the ghost kings.

ditch the TV or use with caution, i ditched it more than a decade ago. telling you who to love, hate, heroes, right, wrong, eat etc.

i knew i was about to ditch the TV at that time when i was reduced to only watching two channels, national geographic and discovery channel...because i prefer just watching animals roam around in their habitat.

the internet is far superior, you watch whatever, whoever and whenever you want.

Didz

member

Activity: 192

Merit: 11

Quote from: philipma1957 on July 01, 2021, 05:59:03 PM

Quote from: swogerino on June 30, 2021, 05:10:55 PM

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

You better navigate your situation.
If miners start to go to jail, then it is better to legalize your business or sell equipment.
And it makes no sense to believe the publications in the press, because in most cases, more than 50% of this is a deception. These articles are written for money.

When was a kid a million years ago in the 1960s

Communist Russia was taught to us in the USA 🇺🇸 to be the “bad” guys.

Here was a list of reasons.

Kids are raised in day care.
The mothers go to work and do not raise the kids.
Abortions are legal.
Kids are told to rat out and inform on their parents.

okay now in USA.
kids are raised in day care. well over 50%
The mothers go to work and dont raise the kids.
Abortions are legal in every USA state.
Kids have the ability to call ½ dozen or so government agencies. To rat out or inform on their parents!

Oh yeah russia is still the “bad” guys.

This time it is Putin to blame.

I am sure in 20-30 years Putin will be gone and USA 🇺🇸 will have some other story as to why Russia is the “bad” guy.

You have to look at the big picture world wide. The press is simply a tool used to divide and conquer the people .

If it is going this way i would like tell my thoughts.
I think it is all manupulative game and all people in the world are instrument for this. I think nearly all countries belong to couple of people who control everything those people have most money and shares and im sure they have big amount of BTC too.People who we see on TV they are puppets of those in control. They always keeps our brain busy with fake news and also makes us afraid like virus or war. ive been in many country and saw nearly same things. I think main project is how to make people slave beautifully. Best way they do it like this: Make people hate each other in this way 3rd person makes profit.

Yes it's pretty much the media theory of Noam Chomsky.
The people who control most of the capitals in the world I call them the ghost kings.

wtfonly16

full member

Activity: 285

Merit: 105

gpus still stupid expensive so no, nobody is quitting.

vectisitch

legendary

Activity: 1927

Merit: 1004

Quote from: philipma1957 on July 01, 2021, 05:59:03 PM

Quote from: swogerino on June 30, 2021, 05:10:55 PM

Quote from: philipma1957 on July 01, 2021, 05:59:03 PM

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

You better navigate your situation.
If miners start to go to jail, then it is better to legalize your business or sell equipment.
And it makes no sense to believe the publications in the press, because in most cases, more than 50% of this is a deception. These articles are written for money.

When was a kid a million years ago in the 1960s

Communist Russia was taught to us in the USA 🇺🇸 to be the “bad” guys.

Here was a list of reasons.

Kids are raised in day care.
The mothers go to work and do not raise the kids.
Abortions are legal.
Kids are told to rat out and inform on their parents.

okay now in USA.
kids are raised in day care. well over 50%
The mothers go to work and dont raise the kids.
Abortions are legal in every USA state.
Kids have the ability to call ½ dozen or so government agencies. To rat out or inform on their parents!

Oh yeah russia is still the “bad” guys.

This time it is Putin to blame.

I am sure in 20-30 years Putin will be gone and USA 🇺🇸 will have some other story as to why Russia is the “bad” guy.

You have to look at the big picture world wide. The press is simply a tool used to divide and conquer the people .

If it is going this way i would like tell my thoughts.
I think it is all manupulative game and all people in the world are instrument for this. I think nearly all countries belong to couple of people who control everything those people have most money and shares and im sure they have big amount of BTC too.People who we see on TV they are puppets of those in control. They always keeps our brain busy with fake news and also makes us afraid like virus or war. ive been in many country and saw nearly same things. I think main project is how to make people slave beautifully. Best way they do it like this: Make people hate each other in this way 3rd person makes profit.

You are awake my friend. This is exactly how i see this world

batsonxl

member

Activity: 1196

Merit: 26

Quote from: swogerino on June 30, 2021, 05:10:55 PM

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

You better navigate your situation.
If miners start to go to jail, then it is better to legalize your business or sell equipment.
And it makes no sense to believe the publications in the press, because in most cases, more than 50% of this is a deception. These articles are written for money.

When was a kid a million years ago in the 1960s

Communist Russia was taught to us in the USA 🇺🇸 to be the “bad” guys.

Here was a list of reasons.

Kids are raised in day care.
The mothers go to work and do not raise the kids.
Abortions are legal.
Kids are told to rat out and inform on their parents.

okay now in USA.
kids are raised in day care. well over 50%
The mothers go to work and dont raise the kids.
Abortions are legal in every USA state.
Kids have the ability to call ½ dozen or so government agencies. To rat out or inform on their parents!

Oh yeah russia is still the “bad” guys.

This time it is Putin to blame.

I am sure in 20-30 years Putin will be gone and USA 🇺🇸 will have some other story as to why Russia is the “bad” guy.

You have to look at the big picture world wide. The press is simply a tool used to divide and conquer the people .

If it is going this way i would like tell my thoughts.
I think it is all manupulative game and all people in the world are instrument for this. I think nearly all countries belong to couple of people who control everything those people have most money and shares and im sure they have big amount of BTC too.People who we see on TV they are puppets of those in control. They always keeps our brain busy with fake news and also makes us afraid like virus or war. ive been in many country and saw nearly same things. I think main project is how to make people slave beautifully. Best way they do it like this: Make people hate each other in this way 3rd person makes profit.

philipma1957

legendary

Activity: 4116

Merit: 7849

'The right to privacy matters'

Quote from: swogerino on June 30, 2021, 05:10:55 PM

Quote from: swogerino on June 30, 2021, 05:10:55 PM

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

You better navigate your situation.
If miners start to go to jail, then it is better to legalize your business or sell equipment.
And it makes no sense to believe the publications in the press, because in most cases, more than 50% of this is a deception. These articles are written for money.

When was a kid a million years ago in the 1960s

Communist Russia was taught to us in the USA 🇺🇸 to be the “bad” guys.

Here was a list of reasons.

Kids are raised in day care.
The mothers go to work and do not raise the kids.
Abortions are legal.
Kids are told to rat out and inform on their parents.

okay now in USA.
kids are raised in day care. well over 50%
The mothers go to work and dont raise the kids.
Abortions are legal in every USA state.
Kids have the ability to call ½ dozen or so government agencies. To rat out or inform on their parents!

Oh yeah russia is still the “bad” guys.

This time it is Putin to blame.

I am sure in 20-30 years Putin will be gone and USA 🇺🇸 will have some other story as to why Russia is the “bad” guy.

You have to look at the big picture world wide. The press is simply a tool used to divide and conquer the people .

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: swogerino on July 01, 2021, 03:05:07 AM

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

You better navigate your situation.
If miners start to go to jail, then it is better to legalize your business or sell equipment.
And it makes no sense to believe the publications in the press, because in most cases, more than 50% of this is a deception. These articles are written for money.

philipma1957

legendary

Activity: 4116

Merit: 7849

'The right to privacy matters'

4 major coins

https://www.coinwarz.com/mining/bitcoin/hashrate-chart
https://www.coinwarz.com/mining/ethereum/hashrate-chart

https://www.coinwarz.com/mining/dogecoin/hashrate-chart
https://www.coinwarz.com/mining/litecoin/hashrate-chart

I come up with this idea.

BTC
LTC/Doge

both are down bigly

40% maybe 50%. they use all asic. and this show a lot of hash was located in China

Eth drops under 25%

they use asics and gpus
this shows a lot of miners are smaller use GPUs and are not in China

BTC 191 may 9 down to 87 July 1 down 54.4%
LTC 395 June 7 down to 185 July 1 down 53.1%
Doge 427 June 10 down to 215 July 1 down 50.1%
Eth 687 May 20 down to 495 July 1 down 27.9%

arielbit

legendary

Activity: 3388

Merit: 1059

Quote from: adaseb on June 30, 2021, 10:34:08 PM

Quote from: SophiaZ on June 30, 2021, 10:32:57 AM

Quote from: adaseb on June 30, 2021, 10:34:08 PM

There are a lot of video cards in China, I think they are easier to hide because they do not make much noise and do not consume a lot of electricity. And they give more profit per 1 kilowatt of consumed electricity.
So far, only large mining farms are being closed in China, and when they start looking for small farms with 500-1000 video cards, the hashrate will decrease even more.

I don't think noise is what is going to get people busted for mining in China. I think the larger issue is mostly heat which is difficult to hide. These days there are sophisicated thermal imaging cameras and they can easily scan different areas of the country and determine who is mining and who is not.

In the USA they do this to actually catch people who are growing (or did when illegal) marijuana. Basically some chopper would fly around high risk areas and try and find someone with an operation. Some miners actually got visited by police because they were suspicious what they were doing which generated all that heat.

Chinese authorities do not need to check about heat or electricity cost, they just have to check which place (house, office or warehouse) in China connect to mining pools such as asia.ethermine.org, btc-na.f2pool.com, they can get a list of each internet user connecting to these pools easily. They have some kind of software, they just have to type a website link to get all the Chinese internet users connecting to these websites. Then it's just a matter of sending cops to the house. Right now, they are not doing it, I think Chinese authorities will tolerate small miners mining at home.

I don't think they would do that. Its too much work and not reliable. Someone can just use a mining pool in a different country like Russia or USA. The government won't go after those mining operators in those countries. Plus an easier solution to this would be just to solo mine and not use a pool at all.

Getting a mining farm in an underground bunker won't work at all. Its going to be way too expensive and you are faced with the issue of getting rid of the heat somehow. I think if someone really wants to mine they will just relocate its just much easier than playing these games.

Surprisingly we got a bump up in hashrate, almost the retarget is here and we should get a nice difficulty reduction.

The difficulty has already dropped for Ethereum which is at 6.xx P from almost 8 or a bit more that were sometime ago before the China ban.I think everyone is happy now that is mining with at least 250-300 Mhsh processing power,it is almost 0.01 Eth daily rewards.Let's hope the difficulty stays at these levels for some months to come,it will benefit us all.

a lot of these "turned off asics" must be the latest and greatest ethhashers..well shit happens

swogerino

legendary

Activity: 3136

Merit: 1233

Leading Crypto Sports Betting & Casino Platform

Quote from: SophiaZ on June 30, 2021, 10:32:57 AM

Quote from: SophiaZ on June 30, 2021, 10:32:57 AM

There are a lot of video cards in China, I think they are easier to hide because they do not make much noise and do not consume a lot of electricity. And they give more profit per 1 kilowatt of consumed electricity.
So far, only large mining farms are being closed in China, and when they start looking for small farms with 500-1000 video cards, the hashrate will decrease even more.

I don't think noise is what is going to get people busted for mining in China. I think the larger issue is mostly heat which is difficult to hide. These days there are sophisicated thermal imaging cameras and they can easily scan different areas of the country and determine who is mining and who is not.

In the USA they do this to actually catch people who are growing (or did when illegal) marijuana. Basically some chopper would fly around high risk areas and try and find someone with an operation. Some miners actually got visited by police because they were suspicious what they were doing which generated all that heat.

Chinese authorities do not need to check about heat or electricity cost, they just have to check which place (house, office or warehouse) in China connect to mining pools such as asia.ethermine.org, btc-na.f2pool.com, they can get a list of each internet user connecting to these pools easily. They have some kind of software, they just have to type a website link to get all the Chinese internet users connecting to these websites. Then it's just a matter of sending cops to the house. Right now, they are not doing it, I think Chinese authorities will tolerate small miners mining at home.

I don't think they would do that. Its too much work and not reliable. Someone can just use a mining pool in a different country like Russia or USA. The government won't go after those mining operators in those countries. Plus an easier solution to this would be just to solo mine and not use a pool at all.

Getting a mining farm in an underground bunker won't work at all. Its going to be way too expensive and you are faced with the issue of getting rid of the heat somehow. I think if someone really wants to mine they will just relocate its just much easier than playing these games.

Surprisingly we got a bump up in hashrate, almost the retarget is here and we should get a nice difficulty reduction.

The difficulty has already dropped for Ethereum which is at 6.xx P from almost 8 or a bit more that were sometime ago before the China ban.I think everyone is happy now that is mining with at least 250-300 Mhsh processing power,it is almost 0.01 Eth daily rewards.Let's hope the difficulty stays at these levels for some months to come,it will benefit us all.

adaseb

legendary

Activity: 3738

Merit: 1708

Quote from: swogerino on June 30, 2021, 05:10:55 PM

There are a lot of video cards in China, I think they are easier to hide because they do not make much noise and do not consume a lot of electricity. And they give more profit per 1 kilowatt of consumed electricity.
So far, only large mining farms are being closed in China, and when they start looking for small farms with 500-1000 video cards, the hashrate will decrease even more.

I don't think noise is what is going to get people busted for mining in China. I think the larger issue is mostly heat which is difficult to hide. These days there are sophisicated thermal imaging cameras and they can easily scan different areas of the country and determine who is mining and who is not.

In the USA they do this to actually catch people who are growing (or did when illegal) marijuana. Basically some chopper would fly around high risk areas and try and find someone with an operation. Some miners actually got visited by police because they were suspicious what they were doing which generated all that heat.

Chinese authorities do not need to check about heat or electricity cost, they just have to check which place (house, office or warehouse) in China connect to mining pools such as asia.ethermine.org, btc-na.f2pool.com, they can get a list of each internet user connecting to these pools easily. They have some kind of software, they just have to type a website link to get all the Chinese internet users connecting to these websites. Then it's just a matter of sending cops to the house. Right now, they are not doing it, I think Chinese authorities will tolerate small miners mining at home.

I don't think they would do that. Its too much work and not reliable. Someone can just use a mining pool in a different country like Russia or USA. The government won't go after those mining operators in those countries. Plus an easier solution to this would be just to solo mine and not use a pool at all.

Getting a mining farm in an underground bunker won't work at all. Its going to be way too expensive and you are faced with the issue of getting rid of the heat somehow. I think if someone really wants to mine they will just relocate its just much easier than playing these games.

Surprisingly we got a bump up in hashrate, almost the retarget is here and we should get a nice difficulty reduction.

arielbit

legendary

Activity: 3388

Merit: 1059

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

remember when pandemic lock downs started in china and then the rest followed? might happen with mining.

anyway the smallest miners with 1-10 gpus are immune for sure LOL

swogerino

legendary

Activity: 3136

Merit: 1233

Leading Crypto Sports Betting & Casino Platform

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

Where I am located some people are being arrested because they don't pay electricity.The bad thing is that the media write articles which tell the people "Arrested the person with a Bitcoin factory" referring to this guy who had 11 Antminers S19.Of course he got what he deserved as he was cheating the government but then the police and media added to him a lot of false accusation,like "Cybernetic crime", "Bitcoin production" etc while here the law is that cryptos are allowed.You are right it is not funny anymore and every day that passes it is becoming an even more mess.

FP91G

legendary

Activity: 1610

Merit: 1026

Then you can use satellite Internet from companies in neighboring countries.
So that the IP address is not Chinese and then there will be no problems.
This equipment costs $ 500-1000.
Miners will have to set up bunkers in the ground to hide from the thermal imager.
It's not funny anymore.

SophiaZ

copper member

Activity: 34

Merit: 1

Founder of PESP COIN, The People's Coin

Quote from: swogerino on June 30, 2021, 04:05:31 AM

There are a lot of video cards in China, I think they are easier to hide because they do not make much noise and do not consume a lot of electricity. And they give more profit per 1 kilowatt of consumed electricity.
So far, only large mining farms are being closed in China, and when they start looking for small farms with 500-1000 video cards, the hashrate will decrease even more.

I don't think noise is what is going to get people busted for mining in China. I think the larger issue is mostly heat which is difficult to hide. These days there are sophisicated thermal imaging cameras and they can easily scan different areas of the country and determine who is mining and who is not.

In the USA they do this to actually catch people who are growing (or did when illegal) marijuana. Basically some chopper would fly around high risk areas and try and find someone with an operation. Some miners actually got visited by police because they were suspicious what they were doing which generated all that heat.

Chinese authorities do not need to check about heat or electricity cost, they just have to check which place (house, office or warehouse) in China connect to mining pools such as asia.ethermine.org, btc-na.f2pool.com, they can get a list of each internet user connecting to these pools easily. They have some kind of software, they just have to type a website link to get all the Chinese internet users connecting to these websites. Then it's just a matter of sending cops to the house. Right now, they are not doing it, I think Chinese authorities will tolerate small miners mining at home.

mak013

hero member

Activity: 2338

Merit: 750

If that happens that miners are hunted down like people who grew Marijuana before in the US,I think all the miners before starting their mining operation will plan how they will deploy cooling,and this will be an extra cost for them,for example keeping air conditioners all the time on to evade the hot sensor cameras.It will be fun to see how it will unfold.

As for me, even without hunting miner have to think about deploy, electricity and cooling before he start mining.
And even if air conditioners will cool mining location, the removing hot air will be at hot sensor cameras.

swogerino

legendary

Activity: 3136

Merit: 1233

Leading Crypto Sports Betting & Casino Platform

If that happens that miners are hunted down like people who grew Marijuana before in the US,I think all the miners before starting their mining operation will plan how they will deploy cooling,and this will be an extra cost for them,for example keeping air conditioners all the time on to evade the hot sensor cameras.It will be fun to see how it will unfold.

arielbit

legendary

Activity: 3388

Merit: 1059

There are a lot of video cards in China, I think they are easier to hide because they do not make much noise and do not consume a lot of electricity. And they give more profit per 1 kilowatt of consumed electricity.
So far, only large mining farms are being closed in China, and when they start looking for small farms with 500-1000 video cards, the hashrate will decrease even more.

I don't think noise is what is going to get people busted for mining in China. I think the larger issue is mostly heat which is difficult to hide. These days there are sophisicated thermal imaging cameras and they can easily scan different areas of the country and determine who is mining and who is not.

In the USA they do this to actually catch people who are growing (or did when illegal) marijuana. Basically some chopper would fly around high risk areas and try and find someone with an operation. Some miners actually got visited by police because they were suspicious what they were doing which generated all that heat.

this is going to get ugly, crypto miners going to look like/hunted like meth makers? haha, maybe insulate and blow the hot air to the sewers? no..use radiator and flow hot water to the sewers LOL.

adaseb

legendary

Activity: 3738

Merit: 1708