Author

Topic: Bitcoin Farming in Scotland (Read 3397 times)

brand new
Activity: 0
Merit: 0
September 03, 2018, 05:22:13 PM
#14
You are brave indeed. 11p/kWh avg that's like 15c USD. 5x of the cheapest of the competition pays.

Good luck anyway, +1 for decentralization.

Oh wow that is quite different
hero member
Activity: 1092
Merit: 501
September 03, 2018, 11:48:08 AM
#13
We are based in Ayrshire south west Scotland, our locations are very close to west
Coast, about a quarter mile from the sea. Lots of cool wind, however once we install all 80 rigs it’ll need ventilation, currently got 50 rigs installed in 4 locations, getting enough power seems to be an issue in Scotland, we’ve now got 4 places with 3 Phase supplies, 3 x 63 3 Phase and one 200amp 3 Phase, getting a sub station is now our plan, power is expensive but still profitable, in it for the long term

Rig List
26 Antminer S9
24 Whatsminer M3
3 Whatsminer M3X
1 Antminer A3
10 1050/1060/1080 Ethereum Rigs (SimpleOS)

Challenges
Getting direct access to wind farm energy
Remotely restarting rigs

You have different mining machine/mining rigs in different place, right? Meaning, they have their own levels of KW in every mining rigs, therefore, you're starting to have your own mining farm in your country, Well I guess you will succeed on your goal and plans, though the place I think will give you a big help because lots of cool wind's have in your locations.
brand new
Activity: 0
Merit: 0
September 10, 2018, 06:12:07 AM
#12
We are based in Ayrshire south west Scotland, our locations are very close to west
Coast, about a quarter mile from the sea. Lots of cool wind, however once we install all 80 rigs it’ll need ventilation, currently got 50 rigs installed in 4 locations, getting enough power seems to be an issue in Scotland, we’ve now got 4 places with 3 Phase supplies, 3 x 63 3 Phase and one 200amp 3 Phase, getting a sub station is now our plan, power is expensive but still profitable, in it for the long term

Rig List
26 Antminer S9
24 Whatsminer M3
3 Whatsminer M3X
1 Antminer A3
10 1050/1060/1080 Ethereum Rigs (SimpleOS)

Challenges
Getting direct access to wind farm energy
Remotely restarting rigs
nice
brand new
Activity: 0
Merit: 0
September 03, 2018, 06:43:56 AM
#12
The "UK" is the United Kingdom - which is made up of England, Scotland, Northern Ireland and Wales...
Yes, I know that. England is my 2nd home country LOL
brand new
Activity: 0
Merit: 0
September 11, 2018, 08:27:20 PM
#11
Yes, the power supply rates are higher in your country, so you may not break even
jr. member
Activity: 37
Merit: 2
September 08, 2018, 10:39:23 PM
#11
We are based in Ayrshire south west Scotland, our locations are very close to west
Coast, about a quarter mile from the sea. Lots of cool wind, however once we install all 80 rigs it’ll need ventilation, currently got 50 rigs installed in 4 locations, getting enough power seems to be an issue in Scotland, we’ve now got 4 places with 3 Phase supplies, 3 x 63 3 Phase and one 200amp 3 Phase, getting a sub station is now our plan, power is expensive but still profitable, in it for the long term

Rig List
26 Antminer S9
24 Whatsminer M3
3 Whatsminer M3X
1 Antminer A3
10 1050/1060/1080 Ethereum Rigs (SimpleOS)

Challenges
Getting direct access to wind farm energy
Remotely restarting rigs


Remote restart is easy https://numato.com/product/8-channel-ethernet-relay-module and wire them onto individual contactors or use something like this https://www.ebay.com/itm/Home-WiFi-Smart-Power-Wireless-Socket-Remote-Control-Outlet-Switch-EU-UK-US-Plug/401544104439?hash=item5d7de4c9f7:g:8TMAAOSwlzZbC76c

Your high power rates will kill your profit.

Consider using immersion liquid cooling to reduce your cooling costs - no fans - no noise - heat can be piped away to be used for heating an office etc..
member
Activity: 134
Merit: 12
September 07, 2018, 09:27:30 AM
#11
where exactly?
brand new
Activity: 0
Merit: 0
September 06, 2018, 03:06:37 PM
#11
Good job guys this indicate that cryptocurrency is expanding across the world.Hope it will soon be accepted worldwide.
brand new
Activity: 0
Merit: 0
September 05, 2018, 03:09:07 AM
#11
it really difficult there
zij
newbie
Activity: 44
Merit: 0
September 03, 2018, 02:44:01 AM
#10
How much KWH do you have?

In my experience, most electric in the whole of UK, regardless of location is 10p per KW or more.

Is it same in Scotland?

The "UK" is the United Kingdom - which is made up of England, Scotland, Northern Ireland and Wales...

So answering your question, Yes it is the same in Scotland..
zij
newbie
Activity: 44
Merit: 0
July 24, 2018, 01:34:01 AM
#9
Is mining in Scotland legal?  I thought some countries are not endorsing this kind of business.

Scotland is part of the United Kingdom/UK.  They don't have any restrictions with this kind of thing and never will.

Other countries though may try and stop importing miners - such as Vietnam's recent announcement: https://blockspoint.com/vietnam-to-stop-importing-mining-equipment
zij
newbie
Activity: 44
Merit: 0
July 02, 2018, 03:01:11 AM
#8
What is the cost per KWH in scotland ?? i assume it would be maintainence free where you are Tongue

In my experience, most electric in the whole of UK, regardless of location is 10p per KW or more.  You can get day/night rates of, for example, 13p and 9p - but unless you've got a wind turbine of your own, or huge solar farm then you can't get it much very cheap.

I would love to be proven wrong if anyone has information to the contrary!  Plus I'm talking 100,000+ KW per year, not residential rates.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
May 22, 2018, 05:58:24 PM
#7
Stay on Topic folks or face the mods wrath... You want to discuss cloudmining - use the correct areas - this ain't it.
(edit: mods removed the cloud comments)
Back on topic, as always it boils down to cost of power. I'd think that Scotland and the rest of the UK should be doing well on that part. I keep reading about some pretty huge offshore windfarms in place with non-stop expansion of them. The cool winds should certainly help. If you are putting up a building for them, consider the 'Yahoo Chicken coop'. google it - will be the first things on the list that are not ads. Very efficient building designed with data center heat loads in mind.
full member
Activity: 193
Merit: 124
Just digging around
May 11, 2018, 01:14:58 PM
#6
You are brave indeed. 11p/kWh avg that's like 15c USD. 5x of the cheapest of the competition pays.

Good luck anyway, +1 for decentralization.
jr. member
Activity: 63
Merit: 1
May 11, 2018, 01:54:43 AM
#5
Good luck, great to have miners on the old continent too (I mean larg(ish) ones, there are plenty small ones - I guess)! Don't let one country slow down the network.

How much you pay per kWh (including taxes, transfer, etc.)?

0.13p during the day and 0.09p at night and weekends

I think you mean £0.13 during the day and £0.09 at night...  The difference is a factor of 100.

It’s any evenings and weekends deals, 8am - 8pm mon fri is 13p rest is 9p, there’s a new company offering 10p 24/7
zij
newbie
Activity: 44
Merit: 0
May 09, 2018, 10:58:25 AM
#4
Good luck, great to have miners on the old continent too (I mean larg(ish) ones, there are plenty small ones - I guess)! Don't let one country slow down the network.

How much you pay per kWh (including taxes, transfer, etc.)?

0.13p during the day and 0.09p at night and weekends

I think you mean £0.13 during the day and £0.09 at night...  The difference is a factor of 100.
jr. member
Activity: 63
Merit: 1
May 08, 2018, 12:48:47 AM
#3
Good luck, great to have miners on the old continent too (I mean larg(ish) ones, there are plenty small ones - I guess)! Don't let one country slow down the network.

How much you pay per kWh (including taxes, transfer, etc.)?

0.13p during the day and 0.09p at night and weekends
full member
Activity: 193
Merit: 124
Just digging around
May 07, 2018, 08:08:04 AM
#2
Good luck, great to have miners on the old continent too (I mean larg(ish) ones, there are plenty small ones - I guess)! Don't let one country slow down the network.

How much you pay per kWh (including taxes, transfer, etc.)?
jr. member
Activity: 63
Merit: 1
May 07, 2018, 02:20:01 AM
#1
We are based in Ayrshire south west Scotland, our locations are very close to west
Coast, about a quarter mile from the sea. Lots of cool wind, however once we install all 80 rigs it’ll need ventilation, currently got 50 rigs installed in 4 locations, getting enough power seems to be an issue in Scotland, we’ve now got 4 places with 3 Phase supplies, 3 x 63 3 Phase and one 200amp 3 Phase, getting a sub station is now our plan, power is expensive but still profitable, in it for the long term

Rig List
26 Antminer S9
24 Whatsminer M3
3 Whatsminer M3X
1 Antminer A3
10 1050/1060/1080 Ethereum Rigs (SimpleOS)

Challenges
Getting direct access to wind farm energy
Remotely restarting rigs
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