Topic: Going in hard for mining! Mining Blog![UPPDATE] - page 3. (Read 8009 times)

yeah i should be able to fix that !

as i said we're selling back Energy to the company so we get free energy to our houses, but we do have a generator that stores energy at the farm to, but its hardly ever used anymore.

What about posting some proof with your nickname in your hand on paper or something like that?
Not saying you're lying but we have alot of people with wild fantasy here .
Looks like nice project otherwise!

Hello! i'm already selling back power to the company

What powers your miners overnight?

Do you have some huge energy storage method?  Or do you 'buy' power from the grid?

Using 0.25 Megawatts means 6MWh  per day.  If it all comes from solar that is a large solar system capable of supporting say 100 homes. That is not a small cost.

More details on the power source please, especially how the night is handled.

He is selling power to the electricity company already. And they may have a maximum amount of power that they buy off of green electricity farms, thus leading the OP to have a "surplus".


Also in high electricity cost states the power company still only pays $0.08 per KW. Each antminer will use about 8 KW in a day, which would only be worth $0.65 if sold to the electricity company (these numbers are even lower if in the Mid-west areas with low demand). Antminer S1's will still make $2.38 a day in bitcoin, so even without price speculation the antminers would pay more per KW (not factoring in cooling expenses at the moment)


If he has surplus power during the day and stores it in industrial batteries at night, there would be no need to pull any power from the electric company at all (although batteries are very costly if he doesn't already have them)


Peak hours are during the afternoon at which time the OP already is generating extra electricity from solar/wind and thus would not need to pull any electricity during peak hours

If you are able to generate enough surplus power to run 800 S1 miners why not sell it to the power company?  I would be surprised if a power company flatly refused to take your surplus power.  They can usually resell 'green' power at a premium.

Any costing of mining would need to include this alternative of selling your surplus power rather than mining.

Also you would need to clearly understand your legal agreement with your power company.  800 S1s implies a constant 0.25 Megawatts of power needs to be available to your miners on a 24*7 basis.  This is not a good match to the normal solar/wind power generating capacity.

You need to totally understand your legal agreement with the "power stations".  Drawing 0.25 Megawatts from the grid at peak load times is not likely to be a free exercise.

yeah he's a friend, we thought about getting into mining together hehe, he just beat me to this site

He's the guy who started the other thread asking virtually the same thing... has his own power and wants to know if he should get into mining.  That's why I asked

no i don't, and when everything is set up and done i will post pictures.

He's got 10,000 gigawatts of bullshit.

i own a farm (with a bunch of other people) filled with solar panels and some wind turbines, we sell the energy back to the ''power sations'' in exchange for free power at our houses and some +$

Hello! yes the 1000$ include Power supply for all units ! yeah around 2TH/S sounds about right, hoppe to get some more in a week or two (+ the upgrade kits)

i have enough spare power to supply around 800 S1s maybe, and i could always buy a wind turbine hehe

no i'm not the same pwerson as the last guy, this is my 4th time checking in on the mining part, tho i got introduced to this site from a friend who uses the name MovieBTC

dispensing heal won't be a problem, i have a WHOLE rom which i will design to do one thing and one thing only, to keep all the miners cooled, ofcourse it will cost a lost, but i'm already down to -23C (without all the fans).

my budget varis alot, but i would say around 6000-20000 Dollars maybe.

Does the $1000 you spent on those S1s include power supply units to run them?  If yes, you got a pretty good deal there.  If not, you need to factor in the cost of PSUs (unless you just happen to have enough PSUs lying around your place to drive 10 S1s).

With 10 S1s, you're only going to get a max of 2TH/s if you overclock them.  Once you get the upgrade kits, you could potentially get 5TH/s assuming good overclocking.

Out of curiosity, how much usable power does your "power source" generate?  Also, are you the same person who posted previously, albeit under a different user name, asking about whether or not you should mine given that you had your own power source?  What kind of budget do you have to purchase gear?  Finally, what are you doing about dispensing the heat generated by all of those miners?

Thank you @MovieBTC, yeah i might get some 1TH/S but then again, lots of S1s will be cheaper

This Will be great to read! You should get some S3, or maybe more S1 Will be better since you don't have to pay for energy! Its cheaper.

*RESERVED*

We can now host your mining riggs for just a small % of the miners income!
 https://bitcointalksearch.org/topic/will-let-your-miners-run-at-my-place-for-a-small-mining-i-have-free-power-776290


Hello! i have my own power source! and im going to start to mine! i will uppdate here Weekly as soon as there's any news !

10 X
just got my hands on Toughpowers 1500W PSUs
3 X
3 X

as soon as i can i'll buy 10x S1 Upgrade kits aswell!

OS to mine with: Linux
Wallet: Trezor
Pool, haven't decided yet.

what more should i buy guys ? any special pool i should join or go Solo when i get enough TH/S?

Power cost:0$
Cooling cost:0$
Money Spent so far: 1000$
Money earned so far: 0$

(rigs not up yet hehe)







so i just got my S1 Home, i haven't set them up yet, just changed the IP adress, i need to move them to my other house (which i will host my rig at) before i power them up and start mining, the picture is very bad. as soon as everything is up i'll post a new one.



AH look what i found, so my friend was looking through his basement after some computer equipment we thought we might could use but instead we found 3 600W PSUS


We are going to move the rig on the 18th to our main mining house

Sorry for the bad Updates. we've been scammed on some Equipment.
i hopps to have a picture of the miners up and running soon.

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