Remembering the earily days of mining...

Namiks

sr. member

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I miss when crypto was about decentralisation.

Quote from: thecatinc on July 26, 2020, 02:22:59 AM

Edit 1: I dunno how to paste the image on the page so I guess you might need to click on it. Sorry.

I remember that thread. I remember relating to the heat issue, but I also remember being incredibly stubborn myself and just running things anyway, having a fan running constantly to deal with the heat even during summer. I ran miners all day and night in my bedroom for years; probably fucked up my hearing to a degree as a result. But I wouldn't trade it for anything else. Those nights writing configs and mining Bitcoin on CPUs and GPUs were some of my favourite times.

In fact, even as I type this I have GPUs running, and a fan on in the background.

MCobian

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I remember getting to know mining for the first time, many people are profitable because mining. And I became interested in mining,
because I was not a rich person at that time, and can't afford mining equipment. I decided to use the computer at home and it ended
in failure. My computer is damaged due to overheating. After that I didn't give up, and tried Bitcoin mining by joining cloud mining.
In the short term it is profitable, but in the long run I suffer losses. Even some invested cloud mining sites be scams. And now I have
never been interested in mining anymore.

dansus021

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Quote from: Vaskiy on July 26, 2020, 03:16:53 AM

I have seen mining places where hosting service is available. Mining truly generates heat, but with the technology growth these days the heat is been much reduced. Nowadays most of the mining farms were located on cool regions or else cooling systems were added to reduce the heat. Truly the heat beyond certain point causes damage to the brain.

and cheap electricty Grin

but speak of bitcoin mining this will blow your mind and i hear about bitcoin just hit new ATH of Hashrate

Currently, the tool estimates that Bitcoin is using around seven gigawatts of electricity, equal to 0.21% of the world's supply. That is as much power as would be generated by seven Dungeness nuclear power plants at once. Over the course of a year, this equates to roughly the same power consumption as Switzerland.Jul 3, 2019 - BBC https://www.bbc.com/news/technology-48853230#:~:text=Currently%2C%20the%20tool%20estimates%20that,same%20power%20consumption%20as%20Switzerland.

i think we really need new Consensus about how bicoin been mined

hatshepsut93

legendary

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Someone made a video about this incident - https://www.youtube.com/watch?v=QSXzRWiuvxE

Looks pretty well researched, and really educating video. The verdict is that the story is quite possible.

The days of home mining are mostly gone, but still if anyone is thinking about doing it, make sure to deal with the heat properly.

Chris Barth

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Thanks @Upgrade00 for helping make the image visible. That aside, the listed items in the image is quite touching. I believe there was a lot of desperation (the type I have) but unfortunately it seemed like you were almost killing yourself for it. I once made some research so I'd start mining but... I don't think I liked the story behind it. Even though, I wish I knew about cryptocurrencies (as a whole) on time.

bearexin

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Quote from: thecatinc on July 26, 2020, 02:22:59 AM

Edit 1: I dunno how to paste the image on the page so I guess you might need to click on it. Sorry.

Meehn this story... I was already starting to think that was a joke until I read the last line where he said 'I wish this was a joke'. Seriously, all those risk to mine Bitcoin? I don’t think I’m ready for that. Mining isn’t something I got into.

Some of my friends did it back then, but by then I was not yet interested in Bitcoin, I did have a few coins I bought, but wasn’t ready to go into mining. I started getting interested in mining in 2015, and my friends told me that it was no longer profitable as it used to be, so I lost interest and went for other things. But, if this is what is, lol I’m happy I didn’t get involved.

Benefactor

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There are many advanced technologies in mining today. The cost of mining is now much lower than before. With the addition of new technologies, it has become much easier for everyone to do. But currently for a good earning you may have to spend a lot of money. What happened to the man is actually a very sad thing.

danherbias07

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How hot could that be if it did affect his brains?
Is it really the machine or is it just the temperature in their country?
Could it be that his machines are set in a place where his head is also there? Grin

Is the room really that small to make the heat stay there?
Shouldn't the machine be wrecked first because of the heat before him?

cheezcarls

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Looking for gigs

Up to this day, I still regretted not knowing Bitcoin years ago. If I did knew it, I would have bought and mined a lot while the mining pool isn't "congested" yet. I remember the time when I saw something on Facebook about Bitcoin mining, I was not convinced yet because of the network marketing company that I was focusing on.

Could've bought some mining rigs back then if I knew Bitcoin's potential. I was full of regrets that time, but it is what it is. There's still hope for other mineable altcoins out there.

Amel

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Quote from: thecatinc on July 26, 2020, 02:22:59 AM

Edit 1: I dunno how to paste the image on the page so I guess you might need to click on it. Sorry.

In fact, I don't think mining is good for everyone. In the context of some countries it is a very expensive affair. You have to spend a lot of money to build an air-conditioned house which is not possible for everyone. And since this is a very old story, a lot has changed in the last 9 years.

vapourminer

legendary

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what is this "brake pedal" you speak of?

Quote from: Jating on July 26, 2020, 06:38:09 PM

Quote from: vapourminer on July 26, 2020, 08:16:45 AM

if you look through mining posts around the 2010-2011 timeframe there are some truly amazing pics of setups. hundreds of gpus just stacked on sagging shelves from the sheer weight. a lot of pics gone in that thread but it was some awesome (and scary) stuff.

You referring to this old thread? Pictures of your mining rigs!.

Yes, it's a thing to behold, Lol, some of the images are no longer loading, but there are still some that we can droll all over. And there's also a video there, someone uploaded it to Youtube and you can really here the noise and how loud it is if you are mining in your room.

yup thats it. thanks!

still enough pics there to stare in awe and wonder. talk about fire hazards and such. modded my own ribbon risers with aux power soldered into the cable. but moon baby, moon!

and i only had a few machines and like 5 gpus. wimper

Kakmakr

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Yea, I was just a little bit too late for that.. my friends had several CPU's and GPU rigs running in their basement at the time, but the development of the ASIC's wiped them out. Some of them made some profit and some had to sell the Graphic cards to gamers to get their investment capital back... but they say they will do it again.

Mining Alt coins like Lite coin and Doge coin was just not profitable enough at the time, but I think they wanted the large profits that they made with Bitcoin.

Luck was on my side, because I wanted to borrow money to start my own Bitcoin mining rigs... it would have been a disaster. I did buy some very cheap coins back then and made over 800% profit when it hit the $18k+ all time high. Wink

serjent05

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Reminds me of the time wishing that I known BTC on that early days, since I tried mining with my PC during my early months of knowing Bitcoin and earning only hundreds of satoshi per day.

I believe that guy forgot to rehydrate himself. Anyway, if he kept his mined BTC until today and see that his mining activity is not a waste of his time.

boyptc

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Quote from: Maus0728 on July 26, 2020, 04:37:31 AM

Quote from: boyptc on July 26, 2020, 03:40:12 AM

Do you still have the link for that post? I want to see the comments of other people on his post.

Found it for ya'
[1] https://www.reddit.com/r/Bitcoin/comments/hur5m/bitcoin_causes_brain_damage/

I wonder why this user setup his rigs in the same room he is sleeping.

Thanks man. It's been 9 years since the post, this guy is lucky to be an early miner.

I've found the comments and they were hilarious, haha!

Sadlife

sr. member

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Mining really is profitable back then because you only need a good graphics card and atleast i7 processor to mine even with GTX 1080 ti you mine tons of crypto's in a single PC.
But now you need specific hardware's installed in your pc and antminer to atleast earn small amount of BTC.

Kelvinid

sr. member

Activity: 2828

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win lambo...

You can't make money with that number of mining machine at this time. And that is not advisable also to keep your mining machine hotter as it actually gives you a headache.

I hope this is not the end of your mining journey but there is something you need to capture the mining competition nowadays and the sad thing is that small mining companies had left behind the race. Mining isn't really profitable this time, well, I'm not suggesting you stop but you should have to think it wisely in order to save from huge expenses. If you are about to keep these 4 machines keep running, it for a sure not only headache will come to you but heatstroke as well

TimeTeller

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Quote from: Reid on July 26, 2020, 12:12:42 PM

4 machines in a bedroom and you sleep with it.
Yes, that is bad for your health.
You need an A/C to at least equal the amount of heat of the machines.

Sad. Could have been better if he has the space for it.
Old school mining, you put fans aimed directly to the machines because your mama will be mad if you buy an A/C. Grin

True life story.

I can relate to that but in my case, I put my rigs on the other room, however, at that time that I was mining, it was not worth paying the electricity bills at the end of the month.
So I stopped and looking for other energy sources like solar panels combined with wind generators.
However, I'm stuck in this place where I can't set-up what I want. But that's my plan, once I'm out here, I will set-up my mining rigs again.

Jating

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Quote from: vapourminer on July 26, 2020, 08:16:45 AM

if you look through mining posts around the 2010-2011 timeframe there are some truly amazing pics of setups. hundreds of gpus just stacked on sagging shelves from the sheer weight. a lot of pics gone in that thread but it was some awesome (and scary) stuff.

loved it. spent hours browsing those pics. if i find the thread ill post it here.

edit: remember the milk crate miners lol

You referring to this old thread? Pictures of your mining rigs!.

Yes, it's a thing to behold, Lol, some of the images are no longer loading, but there are still some that we can droll all over. And there's also a video there, someone uploaded it to Youtube and you can really here the noise and how loud it is if you are mining in your room.

Rengga Jati

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Quote from: thecatinc on July 26, 2020, 02:22:59 AM

Edit 1: I dunno how to paste the image on the page so I guess you might need to click on it. Sorry.

No problem, it should be at least Junior member to make your link of the image visible.
Well, mining is a kind of worthy thing at the last moment, but for now?
I cannot imagine how you feel about that having mining equipment in your bedroom. Can you live and sleep well> Is it so risky to put the mining equipment in the same place with where you sleep? In this case, it is not only about how you feel but also what is about the radiation and the risk if something happens?
But seeing you are okay with that I think that Mining is more valuable at the moment. But for now, if you have enough money, it is better to differentiate the room. And this is what you have shared about the experience of mining. Well, great thing.

mezzaluna

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Quote from: thecatinc on July 26, 2020, 02:22:59 AM

Edit 1: I dunno how to paste the image on the page so I guess you might need to click on it. Sorry.

That is some worrying experience from mining Bitcoin. You should have just went and place your mining equipment in either a open space with cool air flowing or air conditioned room. Lets just hope that it wont happen again and do not force to mine since it would really take a toll on equipment not made for mining. We should always make sure that before mining, make sure that it would work for long periods of time because its only worth it if it works continuously.

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