Bitcoin Forum

Bitcoin => Mining => Topic started by: PremiumCodeX on November 04, 2016, 08:10:00 AM



Title: IT DRP for your mining rig
Post by: PremiumCodeX on November 04, 2016, 08:10:00 AM
Hey! A mining rig is a complex IT infrastructure where each resource runs important function. In this infrastructure, each resource failure results in direct damage to your profit. The more time the recovery takes, the more damage your profit suffers. So, do you have an IT SRP/DRP to recover your mining rig should a disaster happen to it?


Title: Re: IT DRP for your mining rig
Post by: barrysty1e on November 04, 2016, 09:04:37 AM
no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI.
when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.

mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.


Title: Re: IT DRP for your mining rig
Post by: PremiumCodeX on November 09, 2016, 09:00:05 PM
no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI.
when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.

mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.

What about the big mining rigs that generate alot of profit and could cause the loss of investors if being destroyed? I understand that your home mining rig does not need an IT DRP, but there are companies that run mining rigs as business. Critical processes often run from these rigs like cloud mining.


Title: Re: IT DRP for your mining rig
Post by: Biffa on November 09, 2016, 10:14:29 PM
no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI.
when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.

mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.

What about the big mining rigs that generate alot of profit and could cause the loss of investors if being destroyed? I understand that your home mining rig does not need an IT DRP, but there are companies that run mining rigs as business. Critical processes often run from these rigs like cloud mining.

There isn't enough profit in mining to have hot-standby equipment, redundant power, offsite backup datacenters or even UPS's

What you need is cheap-as-close-to-zero electricity and lots of cool air, the only redundancy you may get is redundant internet connection and maybe, if you can get it for free, redundant power.


Title: Re: IT DRP for your mining rig
Post by: barrysty1e on November 11, 2016, 01:47:00 PM
no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI.
when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.

mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.

What about the big mining rigs that generate alot of profit and could cause the loss of investors if being destroyed? I understand that your home mining rig does not need an IT DRP, but there are companies that run mining rigs as business. Critical processes often run from these rigs like cloud mining.

i'm guessing you're talking about having another set of mining rigs on standby?
mining has always been cut-throat competitive. if someone went as far as to spec up a set of 'standby' rigs for their setup, i'd imagine they'd end up using them full time in a matter of hours.

in terms of redundant power, redundant network, redundant stratum/coin daemon instances - thats a given with any setup.