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Topic: Free electricity, just the equipment left. - page 3. (Read 635 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I live in a federal school environment, and as a result, we have free-constant electrical supply, which I was expecting to put to good use by mining bitcoin with.

Here's the question(s): Is there a website where I can buy used mining equipment at a low cost? And, if I intend to purchase all of the essential equipment using this technique, what is the estimated cost?


It would also be helpful if you could provide me with a list of the items I will require for mining. Thank you.

The Russian Criminal Code has Article 165. "Causing property damage by deceit or breach of trust."
Miners in Russia are judged by this article, and they do not steal electricity, but only mine in their homes and pay for electricity at a cheaper price.
And in your country there are no similar articles in the criminal code?
Electricity for schools in Russia is free, it is paid by the state, but if it is used for mining, then this is a crime. Think about the risks first, you can't hide the Asics, its works loudly.

I'm aware of that, but in this case the electricity is connected directly to my dad's house. I'm not trying to tap into the school's electricity illegally all I'm trying to do is to try to use the electricity for something meaningful, the only thing that the electricity power in my dad's house is our Air conditioner, pumping machine, Tv sets and some other electrical outlet.

I'm not sure if using an electricity that has been connected this way would still be considered as a crime?

Lets start off easy.

This is the bitcoin section so it should only be a bitcoin machine to follow rules exactly.

So i recommend a used antminer s15 if you can provide 205-240 volts.

It will do 22th and pull 1100 watts. on low. Since power is free it will earn about 1.32 usd in btc.

Now if you get an antminer L3+ point it to nicehash it will convert the ltc+doge it mines directly into btc.

it pulls 750 watts. It will make about 1.0 usd worth of btc.

I can give you info on either one. I am USA based So if you are in USA 🇺🇸 I could sell you either one.

But if you are in Russia I think I can’t safely ship to you. Customs would likely take it away.
newbie
Activity: 17
Merit: 1
I live in a federal school environment, and as a result, we have free-constant electrical supply, which I was expecting to put to good use by mining bitcoin with.

Here's the question(s): Is there a website where I can buy used mining equipment at a low cost? And, if I intend to purchase all of the essential equipment using this technique, what is the estimated cost?


It would also be helpful if you could provide me with a list of the items I will require for mining. Thank you.

The Russian Criminal Code has Article 165. "Causing property damage by deceit or breach of trust."
Miners in Russia are judged by this article, and they do not steal electricity, but only mine in their homes and pay for electricity at a cheaper price.
And in your country there are no similar articles in the criminal code?
Electricity for schools in Russia is free, it is paid by the state, but if it is used for mining, then this is a crime. Think about the risks first, you can't hide the Asics, its works loudly.

I'm aware of that, but in this case the electricity is connected directly to my dad's house. I'm not trying to tap into the school's electricity illegally all I'm trying to do is to try to use the electricity for something meaningful, the only thing that the electricity power in my dad's house is our Air conditioner, pumping machine, Tv sets and some other electrical outlet.

I'm not sure if using an electricity that has been connected this way would still be considered as a crime?
legendary
Activity: 1708
Merit: 1615
Payment Gateway Allows Recurring Payments
I live in a federal school environment, and as a result, we have free-constant electrical supply, which I was expecting to put to good use by mining bitcoin with.

Here's the question(s): Is there a website where I can buy used mining equipment at a low cost? And, if I intend to purchase all of the essential equipment using this technique, what is the estimated cost?


It would also be helpful if you could provide me with a list of the items I will require for mining. Thank you.

The Russian Criminal Code has Article 165. "Causing property damage by deceit or breach of trust."
Miners in Russia are judged by this article, and they do not steal electricity, but only mine in their homes and pay for electricity at a cheaper price.
And in your country there are no similar articles in the criminal code?
Electricity for schools in Russia is free, it is paid by the state, but if it is used for mining, then this is a crime. Think about the risks first, you can't hide the Asics, its works loudly.
hero member
Activity: 1260
Merit: 607

Here's the question(s): Is there a website where I can buy used mining equipment at a low cost?

Ebay or the forum marketplace is the best place to find best deals for asic miner. @Philipma1957 is oldest member here that I know which mining Bitcoin for a long time. You can get tips or perhaps ask him if he have a spare asic mining rig to sell for you as stater.

And, if I intend to purchase all of the essential equipment using this technique, what is the estimated cost?

The estimated cost will varies based on your target mining power for your setup.

It would also be helpful if you could provide me with a list of the items I will require for mining. Thank you.

You can use this guide for setting up your Asic miner https://cryptominertips.com/bitcoin-asic-mining-guide/

This is the most essential list the you will need for your Bitcoin mining.
  • Asic Miner
  • Power Supply
  • Internet Connection
newbie
Activity: 17
Merit: 1
I live in a federal school environment, and as a result, we have free-constant electrical supply, which I was expecting to put to good use by mining bitcoin with.

Here's the question(s): Is there a website where I can buy used mining equipment at a low cost? And, if I intend to purchase all of the essential equipment using this technique, what is the estimated cost?


It would also be helpful if you could provide me with a list of the items I will require for mining. Thank you.
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