Looking forward to Asic mining journey

MarjorieZimmermanGinger

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Quote from: Queentoshi on December 11, 2022, 02:03:53 PM

No one really? or you have not found someone yet with that technical knowledge. If you say there is no one around who has some knowledge on repairs on ASIC's miners, it may mean that there are no individuals who are mining bitcoins in your area, and that is unlikely, there should be at least one other person who is mining bitcoin in your city, your responsibility is to find out and reach out to them to share some knowledge on how they have been handling the challenges with mining in your city, especially with repairs and fixes for your ASIC's

This incident is exactly where I live, when the ASIC started to malfunction we had to start looking for a new one in online stores as there was no technician available to fix it. As far as I know, there are almost no shops selling mining equipment in our area, meaning we have to go to other capital cities to buy them. It is this difficulty that keeps mining from developing in the area where I live.

Quote

Read maintenance and care tips and adhere to them, your ASICs may take a while to develop faults.

Stable electrical energy is needed in mining, room temperature also has a level that must be considered, if you use electricity from the government it is more risky for mining equipment, because unexpected power outages often occur, this is the reason mining requires large costs because supporting tools cannot tricked in any way.

Outhue

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Quote from: Queentoshi on December 11, 2022, 02:03:53 PM

Quote from: Outhue on December 09, 2022, 02:02:39 AM

The reason why I said tech is less important here is because, right from day one I always said NO to Asic Miners because of repair and fixes, believe me no one knows how to fix Asic miners here.

No one really? or you have not found someone yet with that technical knowledge. If you say there is no one around who has some knowledge on repairs on ASIC's miners, it may mean that there are no individuals who are mining bitcoins in your area, and that is unlikely, there should be at least one other person who is mining bitcoin in your city, your responsibility is to find out and reach out to them to share some knowledge on how they have been handling the challenges with mining in your city, especially with repairs and fixes for your ASIC's

Quote from: Outhue on December 09, 2022, 02:02:39 AM

So, I want a very durable Asic miner that can serve me, I've heard about few that are prone to faults, Power fault that's why I need your guidance.

Read maintenance and care tips and adhere to them, your ASICs may take a while to develop faults.

I will be happy if I can find someone, in my state no one can repair Asic miners and you will mess up if you give an Asic to those that repairs electronics like TVs or Sound system, they will add to the problem.

Not everyone knew about crypto mining here and those who are into crypto and Bitcoin don't even bother about mining, I guess that's because of the bad grid power, that's even why I set up solar power in the first place but thanks for your concern.

Artemis3

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The latest models are the most expensive, look at one generation behind, instead of the XP the j Pro, or instead of the M50s the M30s. Slightly less efficient, but much cheaper. With that money you should get about 10 of those and net about 1PH/s. I know people farming in Africa in some remote region at a hydrodam with sat link etc...

dbc23

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Quote from: FP91G on December 10, 2022, 08:17:03 AM

Quote from: Outhue on December 10, 2022, 02:44:45 AM

So the risk of a faulty Asic miner is always present? Thanks @FP91G, by the way is it that hard to repair an Asic miner? I did some research yesterday online and I found out that some parts are switchable, like Complete board, Complete PSU etc

Is there any stores that sell Asic parts where someone can just easily order for faulty part?

You can engage in modular repair when you have at least 15 ASICs and the price of the module and the price of its repair are approximately the same. And how many modern ASICs can you buy for $15,000?
https://www.asicminervalue.com/miners/bitmain/antminer-s19-xp-140th
For example, you buy 3 ASICs, and you have to wait for 2 of them to break, and halving in about 15 months.

That is quite expensive. If the price of the module is approximately the same as its repair can't there be any improvised module that are compatible?. And how on earth can a single miner own 15 ASICs it will take almost an entire lifetime of mining. Mining will be challenging for someone in far away Africa because the will limitations of ASIC parts and it mean spending more on getting more ASIC miners to serve as backup incase of breakdown.

Queentoshi

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Quote from: Outhue on December 09, 2022, 02:02:39 AM

The reason why I said tech is less important here is because, right from day one I always said NO to Asic Miners because of repair and fixes, believe me no one knows how to fix Asic miners here.

No one really? or you have not found someone yet with that technical knowledge. If you say there is no one around who has some knowledge on repairs on ASIC's miners, it may mean that there are no individuals who are mining bitcoins in your area, and that is unlikely, there should be at least one other person who is mining bitcoin in your city, your responsibility is to find out and reach out to them to share some knowledge on how they have been handling the challenges with mining in your city, especially with repairs and fixes for your ASIC's

Quote from: Outhue on December 09, 2022, 02:02:39 AM

So, I want a very durable Asic miner that can serve me, I've heard about few that are prone to faults, Power fault that's why I need your guidance.

Read maintenance and care tips and adhere to them, your ASICs may take a while to develop faults.

fennic

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Quote from: Outhue on December 09, 2022, 02:02:39 AM

I have successfully sold every single graphic cards I own for crypto mining few days ago, some at loss and few at good money and now I've zero my mind to focus on Bitcoin only, something I should have done in 2021 instead of focusing on GPU and Ethereum?

Now I have 15,000$ at hand, I am looking for a durable Asic miner for someone who lives in a far away black country where tech is less important .

The reason why I said tech is less important here is because, right from day one I always said NO to Asic Miners because of repair and fixes, believe me no one knows how to fix Asic miners here .

So I want a very durable Asic miner that can serve me, I've heard about few that are prone to faults, Power fault that's why I need your guidance.

You have done good and not good at some points. You should have sold those miners that are much old and was loss to run. And also if you have sold all miners than you can buy Antminer S19 pro that can generate a decent amount of money too.
And also Antminers are very very expensive and that's why I think that only Bitcoin mining is good cause in future it will give us good profit in next bul run.

FP91G

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Quote from: Outhue on December 10, 2022, 02:44:45 AM

So the risk of a faulty Asic miner is always present? Thanks @FP91G, by the way is it that hard to repair an Asic miner? I did some research yesterday online and I found out that some parts are switchable, like Complete board, Complete PSU etc

Is there any stores that sell Asic parts where someone can just easily order for faulty part?

You can engage in modular repair when you have at least 15 ASICs and the price of the module and the price of its repair are approximately the same. And how many modern ASICs can you buy for $15,000?
https://www.asicminervalue.com/miners/bitmain/antminer-s19-xp-140th
For example, you buy 3 ASICs, and you have to wait for 2 of them to break, and halving in about 15 months.

Outhue

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Activity: 686

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So the risk of a faulty Asic miner is always present? Thanks @FP91G, by the way is it that hard to repair an Asic miner? I did some research yesterday online and I found out that some parts are switchable, like Complete board, Complete PSU etc

Is there any stores that sell Asic parts where someone can just easily order for faulty part?

FP91G

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Quote from: Outhue on December 09, 2022, 02:02:39 AM

I have successfully sold every single graphic cards I own for crypto mining few days ago, some at loss and few at good money and now I've zero my mind to focus on Bitcoin only, something I should have done in 2021 instead of focusing on GPU and Ethereum?

Now I have 15,000$ at hand, I am looking for a durable Asic miner for someone who lives in a far away black country where tech is less important .

The reason why I said tech is less important here is because, right from day one I always said NO to Asic Miners because of repair and fixes, believe me no one knows how to fix Asic miners here .

So I want a very durable Asic miner that can serve me, I've heard about few that are prone to faults, Power fault that's why I need your guidance.

There are no such ASICs, because the risks of equipment breakdown are always present.
And the more expensive your ASIC is, the more risks you have.
For example, C9/S9 were quite reliable and maintainable, and even an engineer with very little experience could make a modular replacement and assemble one worker from two non-working ASICs. Some of my colleagues lost money because they bought asics, but did not install power stabilizers from problems in the mains. And in the village, cheap electricity and frequent problems with power supply. If you were my friend, then I would recommend that you buy bitcoin, because there are fewer risks.

Outhue

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I have successfully sold every single graphic cards I own for crypto mining few days ago, some at loss and few at good money and now I've zero my mind to focus on Bitcoin only, something I should have done in 2021 instead of focusing on GPU and Ethereum?

Now I have 15,000$ at hand, I am looking for a durable Asic miner for someone who lives in a far away black country where tech is less important .

The reason why I said tech is less important here is because, right from day one I always said NO to Asic Miners because of repair and fixes, believe me no one knows how to fix Asic miners here .

So I want a very durable Asic miner that can serve me, I've heard about few that are prone to faults, Power fault that's why I need your guidance.

Topic: Looking forward to Asic mining journey (Read 177 times)