I want to buy a farm that advise me
A mining "farm" can be considered any mining operation with more than 1 miner in the same location. However they typically refer to large scale operations with many dozens of miners.
Topic: What is a Mining Farm? (Read 186 times)
I want to buy a farm that advise me
A mining "farm" can be considered any mining operation with more than 1 miner in the same location. However they typically refer to large scale operations with many dozens of miners.
Hello ganzas4555,
A mining farm is a term used in the crypto-community for a location with many mining rigs installed. A mining rig is a computer system dedicated to solely mining cryptocurrencies, usually it was bought, built and operated specifically for mining. When many mining rigs are stored in the same location we talk about a mining farm, this location could be a farm, hence the name, or any other location with the ability to host many mining rigs. There is a short documentary video on this topic which you can watch here here.
The following link provides you with more technical data on how to setup and run a mining farm here.
Before starting a mining farm we suggest you get a good overview of the costs it would take to start one. The start-up costs of a Mining farm are huge and depend entirely on what kind of mining devices you will decide to buy. Secondly you should check out the current electricity prices of the location you plan on installing the mining rigs. Finally you need to decide on what coin you will mine. On this website here you can find out which coin is best for you to start mining.
Good luck with your mining adventure!
With kind regards,
The Anycoin Direct team
A mining farm is a term used in the crypto-community for a location with many mining rigs installed. A mining rig is a computer system dedicated to solely mining cryptocurrencies, usually it was bought, built and operated specifically for mining. When many mining rigs are stored in the same location we talk about a mining farm, this location could be a farm, hence the name, or any other location with the ability to host many mining rigs. There is a short documentary video on this topic which you can watch here here.
The following link provides you with more technical data on how to setup and run a mining farm here.
Before starting a mining farm we suggest you get a good overview of the costs it would take to start one. The start-up costs of a Mining farm are huge and depend entirely on what kind of mining devices you will decide to buy. Secondly you should check out the current electricity prices of the location you plan on installing the mining rigs. Finally you need to decide on what coin you will mine. On this website here you can find out which coin is best for you to start mining.
Good luck with your mining adventure!
With kind regards,
The Anycoin Direct team
Mining is better than bitcoin if you have just free electricity or powerful rigs, Mining rig is a colloquial metaphor for a single computer system that performs the necessary computations for "mining". Mining was done with CPUs from normal desktop computers. Graphics cards, or graphics processing units (GPUs), are more effective at mining than CPUs and as Bitcoin gained popularity, GPUs became dominant. Eventually, hardware known as an ASIC, which stands for Application-Specific Integrated Circuit, was designed specifically for mining bitcoin. Mining is competitive and today can only be done profitably with the latest ASICs. When using CPUs, GPUs, or even the older ASICs, the cost of energy consumption is greater than the revenue generated.
Well here's someone who doesn't know what the fuck he is talking about ... Lol
Mining is better than bitcoin if you have just free electricity or powerful rigs, Mining rig is a colloquial metaphor for a single computer system that performs the necessary computations for "mining". Mining was done with CPUs from normal desktop computers. Graphics cards, or graphics processing units (GPUs), are more effective at mining than CPUs and as Bitcoin gained popularity, GPUs became dominant. Eventually, hardware known as an ASIC, which stands for Application-Specific Integrated Circuit, was designed specifically for mining bitcoin. Mining is competitive and today can only be done profitably with the latest ASICs. When using CPUs, GPUs, or even the older ASICs, the cost of energy consumption is greater than the revenue generated.
I want to buy a farm that advise me
You can mine on normal PC computer or dedicated hardware which are way way faster.
Its complicated stuff, you must calculate energy costs, constantly rising difficulty to be able to know if you will be profitable or you will only loose money on your endevour.
a mining farm would request a good sized buildings . besides the building you should have industrial acs to cool down the place becuase of the computers. on top of all you have to check if your country has cheap electricity .Go on cloud mining or invest it on crypto directly
What is a Mining Farm?
Bitcoin mining farm is a place where large number of computers and servers were solving the complex cryptographic problems which confirms the bitcoin transactions.
I want to buy a farm that advise me
Type of bitcoin mining:
Hardware, CPU Mining, GPU Mining, FPGA Mining, Mining services (Cloud mining). Mining services (Cloud mining) and GPU Mining is best. At first you have a lot have fund. You need many eletrycity power. Select a place for frames where there will be no problem on electricity. Then you can start on moning business. I hope you will good profit on mining.
More detail you can read this article: https://www.bitcoinmining.com/getting-started/
Agreed. You can look into cloud mining, if you'd like, but it isn't worth your time 99% of the time.
If you really want to buy or build mining farm, it requires big investment and solid knowledge. But you can try to build your own mining rig, it's not that difficult, but still, you need to have enough spare money to buy GPU's and other stuff. You can find plenty of step by step guides how to build ETH mining rig, just enter these key words on Google search.
And legit cloud mining companies aren't very profitable and ROI that you will get is minimal. It's more beneficial to buy some coins and trade it or just HODL it in long term if you don't want any risks.
As far as purchasing your own mining farm (and avoiding a lot of the work, do you mean?), you can always research 'cloud mining contracts.'
Cheers!
Be careful with cloud mining. 99% of these cloud mining websites are just ponzi schemes which aren't mining anything. And it's only matter of time when such website will turn into scam and run away with investors money.Cheers!
And legit cloud mining companies aren't very profitable and ROI that you will get is minimal. It's more beneficial to buy some coins and trade it or just HODL it in long term if you don't want any risks.
I want to buy a farm that advise me
Why don´t you take a look at this project? https://icerockmining.io/ You would still have a farm, but without the problems.
A mining farm is really just a place where a large number of computers and servers are performing a mining operation. These 'mining operations' result in the creation of bitcoins.
If you are looking into creating your own mining farm, be prepared to put in some work, my friend. The article below explains what is actually required to run a SMALL mining operation:
http://bit.ly/MYminingfarm
Also, check out the link below for an in-depth, yet beginner-friendly introduction into mining:
http://bit.ly/WhatIsMining
As far as purchasing your own mining farm (and avoiding a lot of the work, do you mean?), you can always research 'cloud mining contracts.'
Cheers!
If you are looking into creating your own mining farm, be prepared to put in some work, my friend. The article below explains what is actually required to run a SMALL mining operation:
http://bit.ly/MYminingfarm
Also, check out the link below for an in-depth, yet beginner-friendly introduction into mining:
http://bit.ly/WhatIsMining
As far as purchasing your own mining farm (and avoiding a lot of the work, do you mean?), you can always research 'cloud mining contracts.'
Cheers!
I want to buy a farm that advise me
Jump to: