Pages:
Author

Topic: The big idea crypto Mining farm in antartica - page 2. (Read 453 times)

legendary
Activity: 2352
Merit: 6089
bitcoindata.science
December 16, 2019, 02:09:42 PM
#5
Mining is not just about temperature, but about the total cost of the operation.

If temperature were that important, china wouldnt be the biggest mining farm.

In Antartica  the cost of transportation (equipment, people, food, etc), energy supply, and so on.
who would create big mining power just to mine in a remote location? Only if the energy was very cheap there. But there is no way to move this energy to another continent.. .so yeah, basically impossible. to mine there.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
December 16, 2019, 02:04:14 PM
#4
I really doubt you will be able to even just start to build your mining farm there. Just to let you know temperatures are negative up to -90 °C  Cheesy
It's a very difficult place to access and the winds are katabatic

With 3-4 weeks deadlines for supplies, this, if you have the budget of course, it's not free. You can only use special planes or snowcats.
There isn't Amazon Prime there.
Check out the price to build  a very small wall first, you will change your mind pretty quickly
jr. member
Activity: 392
Merit: 7
December 16, 2019, 01:49:54 PM
#3
Is this a genuine idea? Seems pretty ridiculous really if so.

The cost of maintaining the equipment in Antarctica would massively outweigh any cost savings you might get from not having to cool the equipment.

Simply shipping the mining equipment to the continent would likely cost so much that it would be practically impossible to ever break even, whereas I'm almost certain there isn't a sufficient power source to maintain such an operation.

Beyond this, internet access will likely be scarce, while solar and geothermal options are likely a no-go.

Not such a 'big idea' after all.


Okay Smiley  good points! 
legendary
Activity: 2030
Merit: 1189
December 16, 2019, 01:46:35 PM
#2
Is this a genuine idea? Seems pretty ridiculous really if so.

The cost of maintaining the equipment in Antarctica would massively outweigh any cost savings you might get from not having to cool the equipment.

Simply shipping the mining equipment to the continent would likely cost so much that it would be practically impossible to ever break even, whereas I'm almost certain there isn't a sufficient power source to maintain such an operation.

Beyond this, internet access will likely be scarce, while solar and geothermal options are likely a no-go.

Not such a 'big idea' after all.
jr. member
Activity: 392
Merit: 7
December 16, 2019, 01:34:13 PM
#1
Will be here any investors into this project?
At least it will be something interesting in our boring lifes Smiley

So the idea is to build mining farm in antartica
They say that crypto mining need gold place so I guess antartica is right place for mining farm location Smiley
Pages:
Jump to: