How to start a bitcoin or altcoin mining farm?

QuintLeo

legendary

Activity: 1498

Merit: 1030

Quote from: italianMiner72 on May 16, 2017, 03:37:14 AM

Quote from: asylum1 on May 09, 2017, 09:16:00 PM

Should the hardware be custom made? Should electricity be produced on site? What is there to know about such procedures?

sure!
i'm planning to build a solar farm.
with the latest tesla powerwall 2, we can build a battery array.
Powerwall 2 has 13.5 kwatt storage!!!!!!
this is damn good!!!!

and won't keep a single S9 powered up through a winter, early spring, or late fall night, even if you can manage 100% conversion efficiency from that storage to the AC line to power an S9.

Solar is a generally BAD idea for a miner, the up-front costs amortise out to a rather HIGH rate per KWH actually generated - it's OK if you already HAVE the solar stuff in place, but buying solar with the idea of just using it to mine on will NOT pay off.

Mumbeeptind1963

hero member

Activity: 1190

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Sovryn - Brings DeFi to Bitcoin

Quote from: asylum1 on May 09, 2017, 09:16:00 PM

Should the hardware be custom made? Should electricity be produced on site? What is there to know about such procedures?

I have seen their mining rig, is that you are talking about? If you have a budget, build a very high specs computer ,you need a mant gpu like rx480 or nvidia 1080ti and an intel i7 or ryzen processor. It is bit expensive but when you start mining little by little you will get back your money. The sad thing is the electric bill. It will go higher when you start mining.

italianMiner72

hero member

Activity: 910

Merit: 511

Quote from: asylum1 on May 09, 2017, 09:16:00 PM

Should the hardware be custom made? Should electricity be produced on site? What is there to know about such procedures?

sure!
i'm planning to build a solar farm.
with the latest tesla powerwall 2, we can build a battery array.
Powerwall 2 has 13.5 kwatt storage!!!!!!
this is damn good!!!!

1000goldendigits

newbie

Activity: 4

Merit: 0

Hello All.

This is my first post here.

I have been Cloud Mining Bitcoin since more than an year now. Now started mining altcoins on my CPU. Planning to start my own Altcoin Mining Farm within a couple of months..

I plan to use Nicehash BPASMAM for my mining farm. So that my rigs will always be mining the most profitable currency and give me the best ROI.

I have an idea about building & setting up a single miner.

But i need expert help on how to setup a moderate sized scalable mining farm.

Following things need clarification:

1. How do i connect & monitor multiple rigs into one console?
2. How many set of peripherals (Keyboard+Mouse+Monitor) do i need? One for each rig?
3. Its clear that normal frame rig will not work for a farm. So i have to use racks instead. I would like to know, how to size and plan the racks arrangements, dimensioning and the power switch sockets spacing. Any special care to be taken and tricks etc...
4. Can i run my mininig farm on Solar Energy? If yes, suggest the economics and connections. I just read an article about a Solar Powered Mining Farm in Costa Rica that houses 200 Giga Hash Power !!
5. Any other suggestions, tips and recommendations would be appreciated too.

Thanks in advance.

asylum1

newbie

Activity: 10

Merit: 0

Should the hardware be custom made? Should electricity be produced on site? What is there to know about such procedures?

Topic: How to start a bitcoin or altcoin mining farm? (Read 2939 times)