Topic: My Bitcoin mining farm under construction (Read 53633 times)
I see your project as a big one.It is good to see someone getting involved in mining bitcoin today with a new start.Good luck with your mine.
Awesome, what kw price do you get over there, and how did you got the money for it investors ?
What about the mining ? Do you use antminers ? How many ?
What about the mining ? Do you use antminers ? How many ?
The price I got from the power grid is about 0.3 CNY/kWh. The other two shareholder are my old friends. We started buying Bitcoin from 2013/2014. So we earned enough money to build this farm.
In next month we can host about 6000 miners. Only hundreds are owned by myself. My main purpose is to provide hosting service and cloud mining.
Now I have 600 L3+ and 200 S9 running. It's located in a discarded factory at the same town, which is temporary.
WOW that's huge! I'm wondering if is it still profitable in 2018?
BTW It would be great if you can update the images in your first post.
I am new here. Do that mining thing can get you money or I have to invest first before mining? Please educate me
Good luck with your mining! This will be a great investment for you guys.
Almost 5 MO and nothing from the OP.
Guess he’s struggling in Mongolia.
OP appreciate an update if you are still in business.
Guess he’s struggling in Mongolia.
OP appreciate an update if you are still in business.
Hey there, nice work.
Is it really true that the locals and gov are tryna limit the power usage for mining farms there?
It's local governments, and yeah, it's true. I'm not affiliated with Richestlizza, but my mine is pretty close to his and they've been flipping our power off for the past 48 hours or so. Is it really true that the locals and gov are tryna limit the power usage for mining farms there?
This should create some good opportunities. This squeezing will cause some miners to relocate, but it will probably make some others downsize or quit altogether. I'm thinking there will be more machines on the market really soon.
Is your power still off? Are you planning to relocate? PM me if you are planning to sell your miners.
Hey there, nice work.
Is it really true that the locals and gov are tryna limit the power usage for mining farms there?
It's local governments, and yeah, it's true. I'm not affiliated with Richestlizza, but my mine is pretty close to his and they've been flipping our power off for the past 48 hours or so. Is it really true that the locals and gov are tryna limit the power usage for mining farms there?
This should create some good opportunities. This squeezing will cause some miners to relocate, but it will probably make some others downsize or quit altogether. I'm thinking there will be more machines on the market really soon.
How are things in China now? There has been a lot of buzz about the crackdown in China in the last week or so? Is that still really happening? Thanks.
Update Dec 3rd:
https:// imgur.com/sYgJ8Ki
https:// imgur.com/2jI8oEc
https:// imgur.com/sYgJ8Ki
https:// imgur.com/2jI8oEc
I can't see the pics. BTW, for 500kVA transformer, how many S9 antminers can you run? Are you using 220 or 240V?
Here are the photos posted by RichestLizza..
https://i.imgur.com/2jI8oEc.jpg
https://i.imgur.com/sYgJ8Ki.jpg
Hey there, nice work.
Is it really true that the locals and gov are tryna limit the power usage for mining farms there?
Is it really true that the locals and gov are tryna limit the power usage for mining farms there?
Kudos to you sir. I can't see the images but you are living the crypto dream life.
I wonder why the links you are providing tho are being blocked? It says "bitcointalk image proxy: invalid image"
If anyone can see and quote or re-link the images, it would be much appreciated.
I wonder why the links you are providing tho are being blocked? It says "bitcointalk image proxy: invalid image"
If anyone can see and quote or re-link the images, it would be much appreciated.
Because I'm a newbie user?
Kudos to you sir. I can't see the images but you are living the crypto dream life.
I wonder why the links you are providing tho are being blocked? It says "bitcointalk image proxy: invalid image"
If anyone can see and quote or re-link the images, it would be much appreciated.
I wonder why the links you are providing tho are being blocked? It says "bitcointalk image proxy: invalid image"
If anyone can see and quote or re-link the images, it would be much appreciated.
I'm very impressed and a bit jealous - that's a little bigger than my mining rig.
Update Nov 24:
Erecting poles and towers:
https://imgur.com/QGf1Xmk
https://imgur.com/FtUnzjh
https://imgur.com/jneXFup
Farm construction almost complete:
https://imgur.com/jneXFup
Big fans:
https://imgur.com/jneXFup
Miners arrived, these 700 S9 miners will be operated in a temporary place:
https://imgur.com/qqQ1aBs
https://imgur.com/jneXFup
https://imgur.com/if57Quu
https://imgur.com/if57Quu
Erecting poles and towers:
https://imgur.com/QGf1Xmk
https://imgur.com/FtUnzjh
https://imgur.com/jneXFup
Farm construction almost complete:
https://imgur.com/jneXFup
Big fans:
https://imgur.com/jneXFup
Miners arrived, these 700 S9 miners will be operated in a temporary place:
https://imgur.com/qqQ1aBs
https://imgur.com/jneXFup
https://imgur.com/if57Quu
https://imgur.com/if57Quu
This mining farm is located in Inner Mongolia, China. The first two 2-floor building will be ready in next month and the power supply will be 10000 kW. In the beginning of next year we will build 7 builds and total power consumption will be 50000 kWh.
Good, I have a few questions.
How are you going to sustain such power and what will be your power source?
What is your ventalation because 2 storey buildings usually have lower floor to ceiling height.
Please update us with your improvements, this would be a great reference for the community.
The returns on a mining farm will be very high. I hope you make the profit quickly to make up for the big investment you made.
Are you thinking of getting any of it solar powered or at least the warehouse lights etc...?
Correct much better if they will build alternative supply of electricity like solar, waste or wind energy to maximized the profit of their mining site. They can get the capital of their alternative energy power in the income of their current mining site.Are you thinking of getting any of it solar powered or at least the warehouse lights etc...?
Hoping that mining of my friends would be like this our income would be like rain (non-stop) and we are planning to build cloud mining if our mining site would be successful we want to share our blessing to other who want to earn in bitcoin but we are firstly focus in our countrymen.
The returns on a mining farm will be very high. I hope you make the profit quickly to make up for the big investment you made.
Are you thinking of getting any of it solar powered or at least the warehouse lights etc...?
Are you thinking of getting any of it solar powered or at least the warehouse lights etc...?
wow you must spend high cost money to build your mining farm and i can not imagine how much the money it is. but i think its worth to build mining farm if you have cheap electricity fee so you can reduce the biggest cost in mining farm. with that farm and with 600 L3+ and 200 S9, i think you can make huge profit for a long term. i wonder what is the sites you used for cloud mining or hosting.
Is it possible to get better price for asics from bitmain? How to negotiate with them?
Bitcoin miners are a very hot profession. It is attracting a lot of big investors. If you have a cheap source of energy, a place with the right temperature, you will succeed.
How are you paying for this whole project? Did you already have the money, or did you convince an investor to finance the job?
What is their deal? How much do they get out of the total bitcoins mined, and after their 1.5 million is paid back, how much money do they get after that?
What is their deal? How much do they get out of the total bitcoins mined, and after their 1.5 million is paid back, how much money do they get after that?
We use our own money to construct this mining farm. Then we offer hosting service to other people.
While you are building the farm, why don't you send me several Antminer S9's to mine with? I'll split the net profits 50-50 with you. I will pay for my own electricity. That way you can get some income going while the place is being built.
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