Bitcoin Forum

Hello community!

I have been mining for years now.  Like many, this started as a hobby.  I'm an IT guy that owns a small consulting company and a HVAC company (long story) and do pretty decent for myself.  I'm not loaded, but I live nicely (My wife has a spectacular job as well is why LOL)  Anyway about 2 years ago during a stretch of hard time in the crypto industry where machines were making 2-3$ day, I spoke to my wife and decided to risk it and bet long on crypto.  The reason in my mind was price.  I could get equipment at a reasonable price not like last year when everything went nuts.  I went from 1 machine to test to 20 quickly, then after the talk flew to china to meet with mfg's and see about getting hundreds.  Great city Shenzhen is by the way visit if you ever get the chance.  Mfg as we all know now and i did not know back then, is that most Chinese companies are total scum bag greedy bastards.  They will sell you out for the same amount of dollars if the other party is Chinese.  They take care of their own first, admirable i guess, and if there is any scraps left then you can have those, normally at a higher price than what you agreed upon.  Met with a few, lost some money on one or two and finally got one that worked well.

In May of 2017 I entered into an agreement with a hosting company up north for 250kw of power.  Great bunch of guys I am proud to call friends now.  I had full use of facility and was their biggest client taking 1/4 of their power.  This July I finally completed and moved out into my facility.  

At the end of 2017 and along with my wife's support, since she is the only breadwinner (hodl the crypto!) at this point because I went all in on crypto, I began the search for a building that I could put in a crap ton of power.  It's not as easy as one would think by the way!  It took months of talking to electric delivery and cities because of regulations, taxes, incentives and all that fun stuff.  I purchased a building and began my quest to build a mining facility that I can have for myself and rent out space once complete.  My major focus was having something I can call mine, but do it in a way that I can automate it so I don't have to be at the location 24/7 to manage it.  Mid July 2018, my 4 megawatt 43,000 square foot facility was pretty much ready.  There were many road blocks and turns to get to this point but it was all worth it.  I use about 1 megawatt for me.  I'm mainly a GPU guy but have 50-60 asics.    I have 20 security cameras on the outside and a bunch on the inside.  I am in the process of adding magnetic locks for keypad entry.  I fully gutted the offices and made them in my image.  I went ahead and purchased warehouse racks and took advantage of the height in here.  Being an HVAC guy I know that cooling at this magnitude is just cost prohibitive so I went with major ventilation.  Every 2 mw hot isle has 3 - 60,000 cfm up-blast exhaust fans running.  1 and a half can do the job but just in case I have a catastrophic fan failure I have a spare.  I have all metered and switched CDU so that I can remotely reboot any machine I want.  I am fed from two substations with switches on either side of my building just in case there is a fault at the power company the switch will kill that feed so I can continue on the other.  I have the ok from the power company and the city to go to 12 mw if I ever wanted too.  I have the space and I might do that some day =)

I did not cheap out on anything other than the obvious, cooling.  I made this right because I made it for me.  Even if I don't rent out a single kw, i'll be happy because I know in my heart this was done the way I wanted it and what most people would dream about.  I'm like the hair club for men guy, I'm not just the president, I'm also a member!  

Looking at the pictures below really don't do justice to the enormity of this thing and the cost.  Everything is expensive at this level of electricity.  Cable is triple what I thought it would be for example.  

Location obviously not disclosed. It is in Northern USA

Anyway, enough of my ranting here are some pictures and ask questions i'll be more than happy to answer.  Please be patient though as this facility is still taking most of my time.

FIRST COMEDY OUTTAKES!

My washer was ready but drier was not so i put my clothes on racks behind units to dry =)
https://i.imgur.com/jNXm7BF.jpg

Big Ass Steaks first day units came online!
https://i.imgur.com/El1Zxxh.jpg


Pipes Being Laid (8 x 4 inch per 2MW)
https://i.imgur.com/nTNtOd3.jpg

Pads & Containment Ready! (6K per Pad Cost)
https://i.imgur.com/U5qpR96.jpg

Poles Set!
https://i.imgur.com/ry5vZIG.jpg

Transformer Set!
https://i.imgur.com/r2IaJrR.jpg

On with first 2MW!
https://i.imgur.com/a4RaoQr.jpg

300Kva PDU x 6 for fist 2 MW
https://i.imgur.com/olSOqrl.jpg

First 18 Machines on OMGz!
https://i.imgur.com/DSIS7qM.jpg

Few more machines up.  About 600 or so.
https://i.imgur.com/3beQaE6.jpg


Ventilation for massive fans (need more btw)
https://i.imgur.com/yKs7TVC.jpg
https://i.imgur.com/UkUU0uu.jpg

Giant Ass Fans 6ft x 6ft
https://i.imgur.com/FSmfe30.jpg

HOT ISLES IN!
https://i.imgur.com/pkqJRvJ.jpg
https://i.imgur.com/xkJMM7q.jpg


ALUMINUM FILTERS IN!
https://i.imgur.com/08ulTQK.jpg?1




All Electrical: https://imgur.com/a/WgQeGYm

All Fans & Ventilation: https://imgur.com/a/ug5kmyw

All Digging https://imgur.com/a/dxp3Y0I

All Pads: https://imgur.com/a/AIFit4w

All Poles: https://imgur.com/a/oOfs92s

All Racks: https://imgur.com/a/4K3ZJUO

All Building: https://imgur.com/a/O8CdxeF


  

Videos!

Welcome to Minerdude Video! - https://youtu.be/_MMpYbuS0Mg

Voskcoin Review! - https://youtu.be/9GUqypxLkwk

BAREBONE Build Video - https://www.youtube.com/watch?v=h5XjVhD8xY4

RX470 Unit Video - https://youtu.be/8Rz4BrE-OWY

P104 Video - Video Not Ready Yet

FIRST OF ALL - I know many of you all have better rates than this at home and if you don't want this service move on.  Don't post crap stuff here please as most sane people know this is pretty fair deal.

OK onto the soup:

I Have received many, many PM's for hosting.  YES! I will rent space out and the rate is 75$ a KW, MINIMUM of 10kw.  I pay a little less than that of course in electricity, but the cost to build this facility was immense and I have to try and recoup some of that.    

A little about me and company.  I have been in crypto for 4-5 years now and love it!  I'm an IT guy before it was cool to be IT, late 80's-90's.  I have owned and operated www.minerdude.com (yeah website sucks i'll fix in Jan 2019) for quite some time but recently I decided to stop selling miners, since everyone and their dog is doing it now, and start to do pure hosting.  Please pardon the website as it's a work in progress for the transition.  Don't BUY anything on it yet before speaking with me or my staff.  Number to contact us is on the site, or you can email or a PM here.  OMG what a concept right you can actually call us.

What I offer: (more to follow)

Top Notch 42,000 square foot Facility
Full monitoring (all my Power Switches are metered and switched so you will be able to VPN in and reboot yourself)
Security - I invested quite a bit to secure every inch of this area.  We are adding more weekly.  Cameras, keypads etc.
No one is allowed back there unless they go through a background check plus have a ton of machines.  If you have 20 or less - I will set them up or a supervisor will be with you at all times.
Cameras everywhere, inside and out.  
Working on 24/7 security company to office out of here.  Should have that in a month or 2



Few Rules: (more to follow)

1.) Must be more than 10kw of usage per customer
2.) 1 Month prepay then before the next pay month you must pay or I'll shut you off till you do (crypto is OK and preferred but Wire, Check, CC OK)  BTC, LTC, ETH - Example you paid 1 months prepaid May(paid) if you don't pay May 30 for June your machines will power down at midnight until that fee is paid.
3.) I was going to put 1 year contract in place but Instead it's 3 months!  (you still need to sign a contract but it will be month to month)
4.) This is standard but no one tells you this: My insurance will not cover your stuff!  If you want it insured then you need to get renters insurance etc. I can point you in the right direction should you want to pursue this, most don't.  
5.) ALL GPU's Will have to be in enclosed cases.  If they are not we have minerdude 9 card cases available.  No fee to install if you ship your stuff we will transfer into a case no charge other than the case.
6.) Reboot services * if we are manually rebooting more than 2 - 3 times a week there will either be a tech fee to try and fix it or take it offline and ship it back to you for repair.


More to come!  Just tossing this out there.

I have already put 4mw of customers in here and I have .5 mw left.  It's filling up pretty quick, kind of nice =)  People from California and Europe especially sending equipment over because of their high rate.

I guess your motto is, "Go big or go home!"  ;D

Excellent read; definitely worth 25% of my remaining sMerits!

Damn... just... AWESOME!

Was wanting to do just this as well... just don't have the capital investment myself or rich friends.

Wow, your wife must be rich.

living the dream!

Good read. Especially liked the pic with the clothes drying ;D

It's a lot of work, good thing all is working out, good thing you are going long cause is the only way to make money on mining. Good luck on your endeavor, is looking good so far.

Thanks Guys appreciate it!  Nah we are not rich but I did not have debt therefore I could take a task/risk like this.  


@Set Ready Go
Ya LOL my gas dryer was still offline so why not use miners to dry the clothes  :P


@MagicSmoker
All in brotha.


@Metroid
Thanks man, i'm in for the long haul.

This is awesome. Congratulations on your endeavour. I'm sure this kind of mining facility is only what most of us here dream of.

I know you've said it it that you're in it for the long haul, i'm just curious about your future plans. Do you plan to continue buying new hardware GPU/ASICs?
What if Bitcoin drops back down to $1k and stays there for months, how long are you ready to continue shouldering costs at that level?

What coins are you mining and what are the majority of your rigs made up off?

Maximum bitcoin can crash is 4 times from ath which is 20k, 5k and that already happened and bitcoin block reward in 2020 is going for another halving. So expect the price to be around 13k in few months. Whoever invests long in bitcoin knows how things work.

This looks great. Keep us updated, Dagarair, a real GPU guy. By the way, I wonder why you dont add more windows for better ventilation?

Hello ,
I have a question . What are the boxes your using ? I`m guessing there is GPU`s inside ?

Regards

Great project !

  GPU cases look very much like Genesis Mining setup, can you share some details of your rig setup?

Thx and good luck

Woah that's some major operation you're running there. Hope it all works out for you!

Electricity price?

Awesome Dude! Love those Octo Miner Cases! So Many GPU's LOL!!

+1 curious to know that :) Everything looks nice budy , good luck !

Everything looks very good, congrats!

But you could win more from trading instead of mining, buy when eth is 10$ and sell when it's 1000$ right?

@ jmigdlc99
Like Metroid said, I doubt that would ever happen, especially since that halving and stuff.  Long story short though, i'd mine until I couldn't afford too then power down and sit on coins.  I hope that never happens but always a slim possibility.

@ CryptoDocker
@ Lunga Chung
Mainly GPU rigs - about half and half on AMD / Nvidia then about 60 ASICS
most 8gb of RAM and 8 GB video cards / 1060 are all 6GB

@ shibob
I'm in the process of adding 2 x more 10ft x 10ft Vents as a matter of fact.

@ zarapp
I bought a bunch of octo cases from them.  Really good dudes if you have not dealt with them, they are trustworthy.  Harry is a stand up dude.  
Black boxes are direct from the mfg that makes Panda and all the other ones like that.  Impossible to get to unless you go to china and basically blow them.

@ sockpuppet1911
Thanks!

@ LaTene
 :P

@agente
@N0pr3s3n7
Not really an easy question since I need to recover my investment of a F*CK TON.  When I start renting space it will be about 95$ a KW (0.13 cents-ish).  Fair, especially for the CA types.

@ banman24
Thanks!

@ SirNeo
yeah but if we could all predict that, no one would be miners.  I like the work that I do plus the rewards I get, PLUS if a venture capital group comes along and wants me they will pay me an ass ton for it.  Remember I own a physical asset not just crypto

This is epic!  Do you own or lease the building?  What was it used for before?  You spoke a lot about the electricity and redundancy there, but what about the network?  Do you have a dedicated and redundant internet connection? how much network equipment does this involve?  Finally, what sort of failure rate have you seen with all of your equipment?

What is the power consumption of single 60k cfm fan?

From my experience 1.5 x 60k seems like not enough for 2MW
(but maybe it is due to your different density of hardware)

@ nsummy
I own the building
I have 8 strands of fiber internet at 100meg inbound. but yea if someone cuts line I am jacked.  It's buried super deep, plus I know the president that provides the service.  I can get a crew out in hours to fix it.
I have a ton of managed 48 port switches - so for customers I can assign diffrent vlans etc.
Nothing yet.  Have GPU Temp is 65 ish and 50-55 at night
  
@ areyouathief
Those are 480V 15 HP Fans pulling 20 amps each.  
Once my hot isles are fully created the airflow will be massive and naturally the temps will drop on the supply side.  I added 3 fans though just in case I need another but 2 should do it max, and a spare.

I have some good cheap cooling ideas for you.  very low cost  a 1 time expense.

pm me

Wow, this is awesome! Thumbs up for clean looking jobs, who does the electrical jobs for you?

@ philipma1957
We are chatting - Thanks =)

@ vmozara
I met with a ton of electricians and this guy I use is bad ass.  This is all cable tray wire going into twistlock 30A 3 phase.  All panels are 400 Amp 3 phase.  Each PDU feeds 2 x 400 Amp panels

Whoa rad. About how many GPUs total do you have running?

Thanks for sharing your mining operation build out, its very impressive.

Where did you source your large intake vents?  Do you run any type of dust filtration or is it just mesh screening for bugs?

Mad props to  you mate, very very impressive work  :o good luck in your enterprise  ;D

This really is super cool. Wifey reaaaally loves you my friend   ;D

@ dhouse
Close to 5000  :P

@ shaggy4411
canarm they are a canada company that makes giant exhausts
yes I have merv 10 filters on every entry point

@m1n1ngP4d4w4n
@ Heidim
Thanks and hope so or she just wants me gone most the time!   :'(

Congratulations hope everything works out for you it's great to see US mining facilities being setup in the US by US citizens

Thanks buddy!

Also here is a video of the current setup.  DON'T JUDGE, I'm not done yet.  Need Hot isle walls etc in.  By the end of next week I should have all that in place.

https://youtu.be/qBmjZk2DZaw

Incredible work :D I'd love to come check it out

Clever simple way of packing those octo, but honestly I'm just here for some more grilling haha
https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FEl1Zxxh.jpg&t=591&c=PvRl5I4l_n2faQ

Wow! Pretty awesome.

@ gotminer
Thanks Brah!

@VoskCoin
DUDE come over, we will have those giant Porter Houses hehe!
Been speaking with Octominer guys, they are coming to visit me in a couple months.

5000 gpus? thats insane , how do u manage them

@ Marvell2
Heliox aka eliovp (my boy!) custom Linux OS and some Smos

Wouldn't the 5k GPUs alone, not to mention the building and infrastructure, run you close to a mil?

thats far more than a mill bro probably looking at 5 mill investment

@ dhouse
@ Marvell2
I did not equate my equipment (miners) into this price as I already had them in different locations. But your number don't even cover my miners, even on the cheap.
Infrastructure alone is brutal to set this stuff up. It's a ton more than what you said with no equipment,  Especially if you want to do it correctly.

Out of curiosity, how was your strategy to actually get all the gear? You must've ordered all directly from the gpu and asic manufacturers? Or the aib partners? Who assembled all the rigs? That's a massive undertaking on industrial scale...

I accumulated over time.  I built them all myself.  It was a ton of work but got it done!  I flew to china met the mfgs got screwed by a few met some good ones and got most of the stuff direct.  I dont have many asics, but the ones I have I bought off of bitmain.  Last year was tough as hell to get anything as we all know.  Lot of people got screwed by the Chinese.  I have mainly 470 8g / 1070 8g / 1060 6g.  I have some 4gb but always liked the more ram to protect myself from whatever comes next.

Would you be comfortable giving an actual amount, or a range on that? Awesome facility man!

@ ~10kW I'm able to find more-less 20k cfm fans,
where did you buy these "toys" ?

@ hakumoo  
anywhere from 2 - 5 Mil.  Remember I am a mechanicals guy and i GC'd (General Contracted) this myself.  So that would drive the cost up exponentially.  If you were some suit and tie New York VC guy wanting to do this without a clue what to do, as in you cant nail a piece of wood right.  It would run you way more than that.  I was born poor, grew up poor but we never went without.  Food, clothes, house but that's it.  I learned a ton from my dad about cars and repair, to laying black tar roofs. Summer vacation after school was going as a migrant worker to hoe cotton.  I learned to be what I had to be given the situation, that's why I could do all this stuff.  I still know when to call in the big guns though when I am over my head.  As in this giant electrical, you get one shot at that.

@ areyouathief
canarm is mfg.  they make industrial stuff  15 HP 480V motors and 6ft x 6ft base.

lol I was spot on, Im good with numbers infrastructure costs that way , nice budget to work with
sweet project.  I have access to 150killo watts myself and that ran me 50k to get it all set up

Your scale is mindblowing

Thanks buddy, yeah its a beast.  Sometimes I wake up and i'm like WTF have I done hahaha. 

WTFMLPQRST Where's the NSFW tag for this? I opened this in the office and now I gotta walk off a boner ...
This is pure unadulterated PORN for us, something most of us have dearly wanted to be able to do someday.

Super Duper Congratamondoes dude on pulling this off, and here's wishing GPU mining stays around for a few years.
Keep us posted on all updates you do to this farm, heck I would love an audio of this facility running, I would find the collective hum of 5000 GPU's blissful.
Also good to know Eliovp is still alive and kicking :P

@ deadsix
hahaha Thanks for the laugh bro!  Sorry about the boner.  :P

Link below for the hum and the fan noise of the monsters venting.

https://youtu.be/qBmjZk2DZaw

how do you survive in this bear trend with mining?   I admire your goals and long term efforts and one day I hope to have your dreams,  But how do you survive this winter storm?

I guess he is not selling any coin he is mining right now and the money he has, he is using to pay the bills as he goes, mining was profitable, last year was 100 days to get your money back, so he might be at loss today but last year he was up, so there is a balance there, fat cows last year, slim cows this year and hopefully fat cows next year, this is called planning cause everybody knows fat cows will lose weight and then regain it back and will lose again. That is how life is in general, ups and downs, need to be strong when cows are slim and wise when cows are fat.

Infrastructure is never a bad investment, hes not renting so really his only cost going forward is maintenance and power

Wow, what fans / rpm are on those cases? That is surprisingly quiet for the quantity in there - love it

I wish more people had this understanding.  I can't wrap my mind around how some people just can't look at a longer term picture and only look at daily fiat profits.  I can't say it enough ... If you're cashing out into fiat on a regular basis, mining isn't for you.  Maybe it will work out in the end, maybe it won't.  You don't get ahead in any business without taking risks.

It's very hard for me to look at the long term picture where I am paying on average 35 cents home mining with 31 gpus. Tier 3.

I think I'm losing $200 every month. Not sure how long I can keep this up. Just using my day job to cover electric cost and not selling a single coin

You're paying 35 cents usd/kwh?  Where do you live?  And yes, if that is the case, I wouldn't be mining even on a small scale.  That's almost four times what I pay for electricity in the Midwest United States.  I'm paying around 0.09-0.010 usd/kwh.

I don't know what kind of gpu's you are mining with, but we're mining with the exact number of gpu's ... I have 15 1070ti's, 6 Vega 56's, 2 1080's, and 8 1080ti's.  At 80% tpd, it's costing me about $500/month ... That's with box fans, exhaust fan, ect.

A really loose budget. Hopefully the results obtained can be appropriate.
Just a suggestion, don't forget to choose the most trusted wallet for cold
storage of wealth. :)
Can't wait to know the main choices for the graphics card that will used.
Enthusiasm to continue to work and be lucky.

 35 cents a kwatt = you lose

almost all long  term mining needs power under 15 cents.

you need to find some hosting or forget mining.

Yes I think we sorta followed the same path, I got into crypto early last year, I mostly bought coins, took profits to buy gpus throughout the year as a hedge.

For gpus I have these below.   31 total.  Running at max efficiency 60 TDP, Titanium t2 power supply, 240 volt setup with 1400 cfm ceiling exhaust fan, Uses about $1k in electric and coin generated somewhere around 1k worth breaking even.

1x- 1070
18x- 1070 ti
3x - 1080
9x - 1080 ti

for Asic i have, these are hosted
1x- z9 mini
1x- x3
1x - L3+

Overall Asics might be a better choice for me,  Once the early phase is over I have a chance to host them easily.  GPU's are so finicky and large so not as easy to host.

Home Mining in california  san francisco bay area is not easy in bear trends. 

Maybe you should look into getting your gpu rigs hosted somewhere that electricity isn't as expensive.

@ lunobird
Pretty much what metroid said.  I try and hold as much as I can and only sell when absolutely necessary.

@ Marvell2
I'll be renting soon but I wanted to get all my stuff up first  :P  should be about .13 cents all in per kw

@ mochaaa
Really its kinda loud in there.  The giant exaust fans louder.

@ gotminer
I don't get it either.  But most cant afford to sit on them because they wawnt to sell to pay for power.

@ lunobird
I'll be renting soon but will be 10kw min and about 95$ a kw (.13 cents or so)  FYI My breakeven is 85-87 so i'm not getting rich off it, just keeping the lights on.

@ philipma1957
Yep

---

FIRST OF ALL - I know many of you all have better rates than this at home and if you don't want this service move on.  Don't post crap stuff here please as most sane people know this is pretty fair deal.

OK onto the soup:

I Have received many, many PM's for hosting.  YES! I will rent space out and the rate is 95$ a KW, MINIMUM of 10kw.  That's about 13 cents.  I pay a little less than that of course in electricity, but the cost to build this facility was immense and I have to try and recoup some of that.   

A little about me and company.  I have been in crypto for 4-5 years now and love it!  I'm an IT guy before it was cool to be IT, late 80's-90's.  I have owned and operated www.minerdude.com for quite some time but recently I decided to stop selling miners, since everyone and their dog is doing it now, and start to do pure hosting.  Please pardon the website as it's a work in progress for the transition.  DON't BUY anything on it yet before speaking with me or my staff.  Number to contact us is on the site, or you can email or a PM here.  OMG what a concept right you can actually call us.

What I offer: (more to follow)

Top Notch 42,000 square foot Facility
Full monitoring (all my Power Switches are metered and switched so you will be able to VPN in and reboot yourself)
Security - I invested quite a bit to secure every inch of this area.  We are adding more weekly.  Cameras, keypads etc.
No one is allowed back there unless they go through a background check plus have a ton of machines.  If you have 20 or less - I will set them up or a supervisor will be with you at all times.
Cameras everywhere, inside and out. 
Working on 24/7 security company to office out of here.  Should have that in a month or 2



Few Rules: (more to follow)

1.) Must be more than 10kw of usage per customer
2.) 2-6 Month prepay then before the next pay month you must pay or I'll shut you off till you do (crypto is OK and preferred but Wire, Check, CC OK)  BTC, LTC, ETH, ZEC - Example you paid 2 months prepaid may, June (paid) if you don't pay June 30 for July your machines will power down at midnight until that fee is paid.
3.) I was going to put 1 year contract in place but I'll waive that after you pass your prepay period(you still need to sign a contract but it will be month to month)
4.) This is standard but no one tells you this: My insurance will not cover your stuff!  If you want it insured then you need to get renters insurance etc. I can point you in the right direction should you want to persue this, most don't. 
5.) NO WOODEN Rigs - Massive Liability and fire hazard
6.) Reboot services * if we are manually rebooting more than 2 - 3 times a week there will either be a tech fee to try and fix it or take it offline and ship it back to you for repair.
7.) NO WOODEN RIGS - did i say that again? =)

More to come!  Just tossing this out there.

I have already put 1mw of customers in here and I have 2 mw left.  It's filling up pretty quick, kind of nice =)  People from Europe especially sending equipment over because of their high rate.

6.) Reboot services * if we are manually rebooting more than 2 - 3 times a week there will either be a tech fee to try and fix it or take it offline and ship it back to you for repair.

This part can be resolved with 16-Channel 12V Relay Module (or 8 channel), you  can easily provide all your customers with a web based dashboard for rig restarting 


Everything else seems in order

This is great. I have 31 Nvidia gpus a mix of 1070 to, 1080, 1080 ti.   I think it only uses up 4.5 kw so I'm only half of the minimum requirement. Any chance you might allow for an exception with the intent that i will scale up to 10kwatt when new nvidia GPU arrive.?

My rigs are turned off since I'm paying 30 cents average

Great project :)! Love to see projects like this. Interested what PDUs are you using, im strugling to find any on decent price that can take higher Amps? Good luck with this and I think you are on the right path :).

Eaton 300Kva PDU - 480V in 208 out.  StuUUUUUUUppppid expensive.

bears hibernate during winter, fats are stored....spring will come and the bears will feast again..

in crypto land the wise and lucky ones have enough fats..

It's always inspiring to see posts like these.  Great work and good luck!

Thanks, Nice :D! seems cool, how about switched PDUs you have them? I find quite many but most of them are 32A only, Company called Raritan seem to have some but I dont have experience of that.

Yep these are Server tech metered and switched cdu's 3 phase 208v 30A

Raritan bought them.  They are 8.4 so you can run 6 s9 or anything else about that power per 1K cdu.  Sweet huh!  Cost of doing shizzy correct.

Awesome mining facility !!
you have to be brave to invest in such a way knowing that mining is becoming less and less profitable. After with such an installation, it must be profitable

Well done for that !

First of, great job with the mining facility bro, you've got more balls of steel than any of us.

However, you may want to consider getting a designer or developer for that website of yours. If i didn't know you from these forums i honestly wouldn't touch it with a ten foot pole. It looks like a high school kid's scam attempt. No offense, just constructive criticism. Hit me up if you need help with it.

Yeah, I quickly changed it from parts and pcs to data center.  It looks horrible.  I am about to get some bids on making it nice and accepting crypto automatically like the anti-christ bitmain does etc. If interested hit me up.

---

More Stuff!

More Ventilation and Hot Isles in! -

These are 8ft x 8ft and I installed 2 of them
Rear Docks - converted to Supply Vents

https://i.imgur.com/EUENglM.jpg

Close Up
https://i.imgur.com/UkUU0uu.jpg



HOT ISLES IN!

https://i.imgur.com/Bwjjldb.jpg

https://i.imgur.com/LcRDz6m.jpg

https://i.imgur.com/pkqJRvJ.jpg

https://i.imgur.com/xkJMM7q.jpg

crazy shit lol

Thanks bud!  I call that one complete setup a Pod and this warehouse can hold 5.  I already started on the second.  More pics to come  :P

i really like the idea but what about now is it profitable now ? and what if someone dont use all his power do you refund him for the rest or it will be a lose

At .10 cents yes its actually profitable right now.  On power consumption, if you buy 10kw its billed as 10kw (if your machine is offline, broken etc) it's up to you to fix it or if its dead then that will be removed the follwing month.  This is very standard at data farms.  Say you have 10 machines pulling 1K each = 10kw.  one dies next month IF YOU WANT IT SENT BACK or its permanent dead i'll adjust to 9kw.  if its offline a week you still pay 10kw.

Is there anyway for you to get that energy cost lower?

I see other mining data centers able to get their electric cost down to 8 cents,  some of the lucky ones even down to 5 cents.

I am just curious b/c I would like to have a data center like you one day if i ever make it rich in crypto.

My rate is not 10 cents, but you have to recover the cost of your building and the massive cost of all the equipment to make this happen. you can get it cheaper in other parts or the country MAYBE.  There are massive crackdowns by cities all over the USA about building these facilities.  If someone is charging 5 cents, more than likely they are not in the USA or in a crap hole facility where you will be lucky to get your stuff back.  I can see 8 in some areas.

Of course, you have to operate at some profit margin to keep the lights on and continue business.

So how does it generally work? Do you make a deal with the energy company like PG&E for industrial electric rates?

Does finding locations near a water Dam help to lower rates?

Does operating in washington state have better rates than other states?

I live in california but electric rates are pretty high for residential and around 10 cents for industrial rates.  Not sure how to get it lower?

One crazy idea is buy land, buy a bunch of solar, run miners? Or initial cost 2 high for this to be feasible?

no

So how does it generally work? Do you make a deal with the energy company like PG&E for industrial electric rates? 
Not really a deal, just find a area with decent rates then your usage dictates the rates.  There really is no "guaranteed" rate.
 


Does finding locations near a water Dam help to lower rates?
No idea, i would assume close to any power plant is better as transmission is not far

 

Does operating in washington state have better rates than other states?
Yes and No.  They are cracking down hard on any mass usage especially crypto



I live in california but electric rates are pretty high for residential and around 10 cents for industrial rates.  Not sure how to get it lower?
You can't CA sux for rates.



One crazy idea is buy land, buy a bunch of solar, run miners? Or initial cost 2 high for this to be feasible?
Depends on how much you are talking about.  A commercial 2mw solar array will run you about 5 million.  I checked, LOL.  Yes you can get it cheaper but i'm talking about the whole smash and good stuff not junk.

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WOOT got 2 more 8ft x 8ft vents cut in yesterday

Vents going in
https://i.imgur.com/2mBX82A.jpg

Dudes setting up
https://i.imgur.com/mi7nplA.jpg

2 big ass holes  :P
https://i.imgur.com/LhzVgLV.jpg

Vents in!
https://i.imgur.com/Ql1FjoT.jpg

WIRE FOR NEXT 2 MW COMING IN 2-4 Months max
https://i.imgur.com/8cUPLFn.jpg

WOW, serious business here  ;D
It's a dream to gain a lot of momey just mining, but like any business, it's a lot os risk
In the past I dreamed about rent a place, moving there and live only mining, but in my country it's impossible, and moving to another one is not a good idea (laws, risk of having to pay higher rate if you are mining etc)

Good lucky bro

Nevada has 4 cents industrial rate.  What rate are you paying in your location if you don't mind me asking?

 I would like to someday move my rigs out from the colo which im paying 8 cents for to something thats more like 4 cents or cheaper and rent or own out a facility.  I'll need another crypto bull run like in 2017 in order to pull this off comfortably.

I have 36 nvidia cards a mix of 1070ti/1080ti  and 11 asics.

If you had to do this all over again? Would have you preferred to buy coins and not deal with all this work instead or actually still setup a mining facility.?

so you use the room in that place?
like a good idea by reviving the mining business at this time.
Hope everything goes well . if in my country I can give electricity licensing like a country and maybe I have made it here too.
good luck sir

I sell it at 75$ a kw

I don't buy coins, and I am a born miner so no, i would not buy coins.  That being said there is a giant upside to that as you dont need a facility for that  :P

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I am capable of going to 12mw so if i went to that yes i would use about 20K square foot.  Thanks!

Hey !!

Was reading ur past posts as was hooked on to this project of urs, and noticed u'er also a foreman user !! :D

Would luv to have a pro in our servers.
https://discord.gg/PrCtk8S (https://discord.gg/PrCtk8S)

This is awesome. I'll be watching this thread and this will help me a lot once I've decided to setup my own small facility as well.
Thank you for sharing.

What on earth do u need 4mw for ? For comparison you can build a 1mw solar form for about 1.5 million
And it would net you 20k a month or soon solar buy backs.

I know he’s probably using hydro which is probably near free , but 4mw is so much power sitting idle, 4mw of ASICS would cost like 10million

Oh my Godnes!!
Awesome bro.

But, how currently profitable? is still profits?
I want to know your sexy rig. Can you post at first page your total Rigs and your total cost?

Not sure where you get your facts from but a solar farm that big is 5-6 million after rebates and would not even fit on a roof.  I know because I priced it.  This is a commercial one not a turd and batteriers transfer switch and everything else needed to integrate it. 

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I am profitable because I am lean.  Not great but not bad,

I also rent out space to customers 10kw or more at 75$ a kw.

What gear are you planning on buying?  I've been expanding my small farm buying z11s, Radeon VIIs, GTX 1660s and RX 580s.  Right now is is prime time before a big bull and price of gear sky rockets.

Why 580 in place of Radeon VII ?

I have 8 Radeon VIIs and they run hot, 80 degrees and 75mh on eth.  RX 580s are a little more power but a hell of a lot cheaper card.  If I could run a cool stable 90mh I would buy more but mid 70s makes them less of a buy, still more efficient buy not buy  a huge margin.

I tripled in size last year.  Last year was the time to expand as everyone was dumping their stuff.  It's already getting expensive again.  If im buying anything it will be P102 or 104's. 

Why would you put solar on a roof ? you can buy/lease land cheaply at those prices and ground mount, 5-6 million is like 3x what it costs with all the rebates , batteries ? no one uses batteries comerically , you overproduce and sell back to the grid and that how you pay for the power you use if you have to mine.  What im basically saying is with the amount you are investing why even mine ?  Theres lots of easier ways to make money off the grid and a solar farm would be easy pickings as you can basically mine for free and sell excess back to the utlity.

https://www.landmarkdividend.com/solar-farm-land-lease-rates/

Hey guys do you understand that 4mw from hydro/coal/biogas etc..etc.. is not equal to a 4mw solar plant? We always forget to use "kwP" for solar production

OK you are right I'm not going to argue.

Why even mine?  Because I'm a miner.  Please check what site you are on.

One of us, one of us, one of us.... (You might be the leader of Us!)

Well most of us mine to make $$ , you always have millions obviously  but ok I guess, congrats

Yeah I mine to lose money.  Be real man.  I'm not sure why you are trying to shit on me but congrats, your epenis is larger.

love the set up man! I am still trying to get mine up and running - so far, only have the land - dont have liquid funds to build it so trying for a loan - that is harder than I thought especially since the electric company wants me to secure the loan first and the bank wants me to secure the power first but I have not given up yet! lol

I wish you success in your affairs. I think you have already weighed all the pros and cons of taking money in a bank loan for mining - after all, this is a really risky undertaking, since after creation of a mining farm it will only become cheaper

Thanks bud I appreciate it.

Just a bit of free advice:
If you can't afford to do it without loans, don't do it.  That is the only reason I did not go under like most everyone did in 2018.  I own everything in my place as well as my building.  I have lines of credit but I don't use them. 

a loan is the only way I am going to be able to do it lol I aint got millions sitting around. I own the land outright - but need the loan to build.

risky deal if we have another downturn like 2018 you will be hurtin.  Collectors don't care they just want their cash.  So maybe scale up or something?  Just be careful bro because I don't have to tell you, crypto is crazy!  :P

my purpose is not to just have it for mining but to also double it as a data center - and you are right, it is crazy but I am not planning of leaving it :)

risky deal if we have another downturn like 2018 you will be hurtin.  Collectors don't care they just want their cash.  So maybe scale up or something?  Just be careful bro because I don't have to tell you, crypto is crazy!  :P
[/quote]

my purpose is not to just have it for mining but to also double it as a data center - and you are right, it is crazy but I am not planning of leaving it :)
[/quote]

Be careful with the plan on having it double as a data center a most of what data centers required is significantly more than what a mining center needs driving cost up dramatically and can extend the time to ROI.  Also, a lot of data centers struggle to fill rack space and as the number of cores per processor increase this decreases the amount of data center space each customer needs.

I doubt he meant data center as that is 5x + the cost of a mining center.  My mining center is fully filtered etc, but it's still a mining center.

no, I meant data center. There is a large need for them here. and many data centers here are also doubling by renting out space for miners as well.

be careful i know of a bunch of T3 1/4 filled data centers.  you might want to actually look for a failing one and buy it because you will not be able to build it as cheap.  The big guys are running around snapping up for 15 million a 40 million $ to build data center.

Either way man I wish you luck though! 

I have considered buying one as well and almost did buy one in Tampa but decided I rather build one on the property I already own and if I do build, it is not going to be a very large one, I would be happy with a 3k to 3.5k sqft facility.

and thank you.

The reason they are renting out space to miners in those fancy data centers is because they can't fill the with normal business style servers.

I wish you luck with the mining.

I understand that as well - I plan to use for my miners and hosting of miners and then if space allows - then rent space as a data center.  My intent is to do both but also not to be so large that it will be difficult to fill it.

anyways - my original comment here in this topic was to say that I like what the OP has done and it is my goal to do something similar but smaller scale.

Yeah I agree honestly as i am the same way as you I think.  Hands in 18 cookie jars type dude.  It will be cheaper to buy elsewhere but I get why you want to do it yourself.  Hell I am married with 3 kids and my place is a 2 hour plane ride from the family.  Good and bad i guess hehe.

yeah lol the advantage to mine is that the property is actually adjacent to the acreage I live on. The property is zoned so as to allow me to do residential or commercial. I have a few children as well ( 8 ), though our youngest is 21 but we also have 10 grandchildren.

I just wish I had never stopped mining back in 2011 or so... I cannot imagine what I would have had in BTC by now lol

@dagarair What material are you using for the hot side containment?

Metal roof material

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New permanent filters installed!  They rock!

Here is the Intake Size 8ft x 8ft
https://i.imgur.com/Ql1FjoT.jpg

All 4 In place!
https://i.imgur.com/WfjVkrw.jpg?1

Close Up of One Door
https://i.imgur.com/08ulTQK.jpg?1

Really Cool part, they can be individually removed to clean then clip back!
https://i.imgur.com/fkjFjTp.jpg?1

@dagarair

Are the louvers necessary for rain when the intakes are that far from fans?

Nope but don't take out a loan to do it.  If you cant flip the bill do it in pieces.  That's the only thing that saved me in 2018 was that I had no debt.

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I only have exhaust fans so they are not near intakes.  Louvers are necessary for a few city permit reasons but honestly theft would be up there. 

hi ,兄弟，你的矿场还在运营啊，值得庆祝。

Means = Brother, your mine is still in operation, it is worth celebrating.



Thanks man!  And yes its still going pretty close to full right now.

75$ for kw is cheap i think. its like 10c /kwh correct? In europe its mostly 6-8c/kwh (euro) at this moment and hard to get any cheaper..

Ya 10.  Some peeps have cheaper and that's cool.  My rate is higher because of location but I have also spent tons on making it correct and filtered.  It's an expensive mining facility, but it is done correctly.  Not a clean room, but all air is filtered.

Yes, setting these up aint cheap and there is costs to run facility like this so i think 10c is pretty good price. In europe its usually 10-11c(euro) /kwh

Yeah we have a few guys from europe in here because its 20 cents usd over there.

I would love an update, to see how far this farm has progressed  ;D

he is still around. i grabbed 2 large cases from him and will be building some large gpu rigs.

pretty sure he mix mines and rents or hosts.

Yep i'm still here running around like a chicken with his head cut off.  Tons of changes i'll post more pics soon!

BFL soon  ;D

What a dream, there is nothing that can beat making money out of your hobby, I'm jealous of you OP and I hope one day I can make it this big as well, I wish you the best of luck in good health, now I'm still struggling with few graphic cards giving me 180MH mining Ethereum, step by step though I have the patience.

Wow! Insane work!! are you guys still taking retail miners or what's your MOQ?

We might have a solution to offer you to test for free if you want to automate most tasks related to monitoring, calculating consumptions for each customer, invoicing, payments processing.

If you wanna have a chat, write me DM.

Best of luck!

Awesome and thanks!  Keep it up, its frustrating at times but in the long run we will reap the rewards!

we all waiting for more pics :)

More coming since then I have added a bay 2 and also had some bad crap like a 20hp exhaust fan grenade itself and fall on the ground from 20ft up and stuff.  Will post soon!