### CWI-MINING - THEFARM / THEGRIDhi all ...
we have some bad news that we received last week - and confirmed a few days ago ...
thefarm that has been running the majority of our mining enterprise was victim to a catastrophic brownout ...
this electrical anomaly fried not only thefarm itself - but the circuits of the property it was in ... making power impossible to reconnect there ...
thefarm is in a secure non-disclosed location - as it should be ... but due to the fact that this location is also remote - there is every chance that it will now operate again in this location ...
this brings about a few things ...
1 ... i have been requested to go to the site - and salvage anything that can be salvaged ...
2 ... i will be offline for that period of time - except for those that have contact with me via skype ...
3 ... the property cannot start its salvage process until reports are finalized ...
now for those of you that are rubbing your hands with glee that our mining operation has been fried ( yup - you know who you are you negative scum ) ... please stop ... as there is an upside to this ...
1 ... the reports that we are waiting for - are for investigative results for insurance ...
2 ... if they find that this event is 'an act of God' - then the insurance proceedings will go ahead ...
3 ... if they pay up - we will rebuild thefarm in a NEW location - build a NEW system - with NEW components ...
now if insurance does not pay up - and this can take a while even if they do - thefarm IS going to be rebuilt anyway ... tanx to the cwi-fund ...
i was going to leave a lot of the explaining / details for the cwi-website - but as the cwi-website is now delayed also - it is easier to give a brief description of thefarm here in as brief point form as i can ...
- i started what is now known as 'thefarm' quite a few years ago when i was approached for computer parts - and the guy and i got into discussion ...
- got back to him 3days later to tell him no - not selling any parts to him - ill partner with him instead ...
- the mining machine started as an amd quad core system - gigabyte motherboard - kingston hyperx performance ram - and 2 x gigabyte 7970 oc video cards ...
- mining scrypt - litecoin - many coins per day as btc was VERY cheap and litecoin was a few cents at the time ...
- i invested more and more time and money - while the partner invested more money and did nothing else ...
- we had a falling out - and i took full ownership of thefarm ...
- a change over from amd to nvidia ensued - and so i continued building / servicing / growing / maintaining thefarm to this day ...
quite a few things have happened over those few years - but predominantly it is 'my' baby ...
until cwi came along of course - but that is another story altogether ..
so here we are today - with thefarm in tatters and the diagnoses is simple ... the components - whether functional or not - are completely unreliable due to the brownout ... this means i am heading out for adelaide ( where thefarm is located ) which is a 2500km distance drive down there from where i am - and spend the time doing what needs to be done ...
within that time - i shall be offline for about a week to two weeks - disassembling and packing ... there will be a new site for thefarm ( already in the process of locating one ) - and the rebuild of thefarm will start from there ... the wait for the gpu that we have had our eye on is almost over ... gigabyte will be releasing their high-end series card in the next month here in australia - and whether the insurance money comes in or not - thefarm will be rebuilt from scratch with the gigabyte aorus 1080ti extreme ...
the first machine is slated for early next month - 5 x gigabyte aorus 1080ti extreme ...
so with the bad - comes the good ... and vice versa ...
in the mean time - i will be detailing a list of all usernames and password to 'theboss' - and he will be taking care of all the systems we have been building and putting in place - as well this profile ... he has a profile he created here only a few weeks ago - and even though i have pushed for him to post something - he hasnt ... now he needs to
... apart from being technically competent as well entrepreneurial - he is a good bloke ...
so all and any updates will be either from his newbie account ( gownam ) - or through my account here ... and i hope a warm reception will await him - considering he is 'theboss' of cwi ... if not - then you will know how he handles things at cwi
...
so until i get back - or have internet connectivity while im down there - have a great one - and cross your fingers we can get through this quickly and efficiently to have the new cards and mining systems ( this includes the asic module of thefarm ) up and running as soon as possible ...
tanx ...
#crysx