"Free electricity" for "everyone" | Bitcointalksearch.org

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

Quote from: ruggedman_dan on February 06, 2013, 05:20:42 AM

Why not just rent cheap motel rooms and bring surge protectors? Even better, rent out an extended stay room with weekly rates. Hop around every week so they don't start to notice the ridiculous power usage. Just go on a mining spree for like a month.

Hehe I had a vision about some cyberpunk movie where the matrix-like crew ran around stealing power from big industrial plants in the effort to mine a fraction of a btc.

zvs

legendary

Activity: 1680

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https://web.archive.org/web/*/nogleg.com

Quote from: ruggedman_dan on February 07, 2013, 02:53:06 AM

Quote from: mitty on February 06, 2013, 01:20:12 PM

Quote from: ruggedman_dan on February 06, 2013, 05:20:42 AM

Why not just rent cheap motel rooms and bring surge protectors? Even better, rent out an extended stay room with weekly rates. Hop around every week so they don't start to notice the ridiculous power usage. Just go on a mining spree for like a month.

Let's say you can pull 5000 watts from a hotel room. (You might be able to pull more depending on if the A/C unit is hardwired or has a plug, but I think 5000w is a very generous estimate)

If your power normally costs $0.15/kwh, 5000 watts for 24 hours would cost you $18.

I doubt you'll find any hotel room (any room capable of supplying 5000 watts at least) for less than that rate. :p

Problem is you have to have other things running while at home like t.v., lights etc. That will add to your cost. In the room it would be no extra cost. Plus add in people living with you. They are using power as well.

But I get what you are saying. Of course, each individual has to run their own numbers to make it work. Just a thought.

How about mining with solar power? Solar power is free! Just pay the initial investment for a generator.

where i'm at, if you use more power you get a cheaper rate

ruggedman_dan

legendary

Activity: 1012

Merit: 1000

We on P. Sherman 42 Wallaby Way, Sydney

Quote from: mitty on February 06, 2013, 01:20:12 PM

Quote from: ruggedman_dan on February 06, 2013, 05:20:42 AM

Why not just rent cheap motel rooms and bring surge protectors? Even better, rent out an extended stay room with weekly rates. Hop around every week so they don't start to notice the ridiculous power usage. Just go on a mining spree for like a month.

Let's say you can pull 5000 watts from a hotel room. (You might be able to pull more depending on if the A/C unit is hardwired or has a plug, but I think 5000w is a very generous estimate)

If your power normally costs $0.15/kwh, 5000 watts for 24 hours would cost you $18.

I doubt you'll find any hotel room (any room capable of supplying 5000 watts at least) for less than that rate. :p

Problem is you have to have other things running while at home like t.v., lights etc. That will add to your cost. In the room it would be no extra cost. Plus add in people living with you. They are using power as well.

But I get what you are saying. Of course, each individual has to run their own numbers to make it work. Just a thought.

How about mining with solar power? Solar power is free! Just pay the initial investment for a generator.

smracer

donator

Activity: 1057

Merit: 1021

I run my machines in my commercial warehouse. I have 1200amp 240V service so I have plenty of power. The building used to be a metal fab shop. I have had no troubles. I have also run 10KW worth of GPU's in my garage for about a year without any problems.

mitty

sr. member

Activity: 359

Merit: 250

Quote from: smracer on February 06, 2013, 04:35:58 PM

You can't pull enough amps in the Regus offices. I am sucking down 15KW as I type this. In the summertime I was taking down around 22KW with cooling. No way you are going to get that kind of power out of a 110V outlet.

Just out of curiosity did your utility company or the local authorities ever give you any trouble over your high power usage? Or are you running your mining operation out of commercial/industrial space?

smracer

donator

Activity: 1057

Merit: 1021

You can't pull enough amps in the Regus offices. I am sucking down 15KW as I type this. In the summertime I was taking down around 22KW with cooling. No way you are going to get that kind of power out of a 110V outlet.

mitty

sr. member

Activity: 359

Merit: 250

Quote from: ruggedman_dan on February 06, 2013, 05:20:42 AM

Why not just rent cheap motel rooms and bring surge protectors? Even better, rent out an extended stay room with weekly rates. Hop around every week so they don't start to notice the ridiculous power usage. Just go on a mining spree for like a month.

Let's say you can pull 5000 watts from a hotel room. (You might be able to pull more depending on if the A/C unit is hardwired or has a plug, but I think 5000w is a very generous estimate)

If your power normally costs $0.15/kwh, 5000 watts for 24 hours would cost you $18.

I doubt you'll find any hotel room (any room capable of supplying 5000 watts at least) for less than that rate. :p

ruggedman_dan

legendary

Activity: 1012

Merit: 1000

We on P. Sherman 42 Wallaby Way, Sydney

Why not just rent cheap motel rooms and bring surge protectors? Even better, rent out an extended stay room with weekly rates. Hop around every week so they don't start to notice the ridiculous power usage. Just go on a mining spree for like a month.

dree12

legendary

Activity: 1246

Merit: 1077

The only reason they are able to provide cheap, unmetered rental is because people generally are ethical enough not to waste electricity. Doing so is spoiling it for everyone.

This idea is, quite frankly, appalling.

zvs

legendary

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https://web.archive.org/web/*/nogleg.com

Quote from: JackH on February 02, 2013, 02:03:14 PM

One thing I just wanted to mention to anyone that mines, is that Regus (http://www.regus.com/) which is probably the largest office rental in the world, is offering (because they never calculate power separately) offices quite cheap, especially in regions outside of mayor cities.

I noticed a number of people complaining about Watt prices for rigs, and I assumed that was for those running 10+ rigs. It would actually make more sense to place those in a Regus office (the smallest 2 person ones), and just have electricity, and you may actually break even in certain places. Just a heads up, which definitely made sense with GPU monsters. Dont know if this will apply to the ASIC game.

They're that cheap?

Can you sleep in them too? Grin

Luno

sr. member

Activity: 504

Merit: 250

Nice, drive around their known locations at night with a thermal camera.

Kick in the door when you spot an office with an orange glow!

JackH

sr. member

Activity: 381

Merit: 255

One thing I just wanted to mention to anyone that mines, is that Regus (http://www.regus.com/) which is probably the largest office rental in the world, is offering (because they never calculate power separately) offices quite cheap, especially in regions outside of mayor cities.

I noticed a number of people complaining about Watt prices for rigs, and I assumed that was for those running 10+ rigs. It would actually make more sense to place those in a Regus office (the smallest 2 person ones), and just have electricity, and you may actually break even in certain places. Just a heads up, which definitely made sense with GPU monsters. Dont know if this will apply to the ASIC game.

Topic: "Free electricity" for "everyone" (Read 4309 times)