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Title: Minning Farm set up details? Post by: Se7enthechaser on February 06, 2024, 09:45:41 PM Anyone here has experience of building up a bitcoin minning farm or owned one in the US? Please list your detailed cost of building a bitcoin farm, and how many minners are running to inform people who are intertested in minning in scales. Thanks!
Title: Re: Minning Farm set up details? Post by: philipma1957 on February 06, 2024, 09:52:53 PM Anyone here has experience of building up a bitcoin minning farm or owned one in the US? Please list your detailed cost of building a bitcoin farm, and how many minners are running to inform people who are intertested in minning in scales. Thanks! Why should people do that for you? That knowledge has value. Look up Scott Offord https://www.build-a-mine.com/son/ take his classes Title: Re: Minning Farm set up details? Post by: danieleither on February 08, 2024, 05:06:44 PM I operate a handful of small farms. The smallest has 22 miners and the largest currently has 37 miners. The most expensive setup cost me approx. £10,000 ($12,600) and the cheapest came in at approx. £7000 ($8,800). These costs cover everything except from the miners themselves.
Title: Re: Minning Farm set up details? Post by: stompix on February 08, 2024, 05:46:16 PM Why should people do that for you? That knowledge has value. If it were a small setup, yeah maybe one could get advice here, so something under 30KW, you need the room, the air flow, the electric cables, the whole breakers and stuff is pretty simple to one point, msot tutorials here would help him get the idea. But for a full plan of a mining farm once we go over 100 gears and close on 1MW it's OP who before finding out the cost should come with an $ offer for the planning! "Detailed" cost, are we going to quote eveything here, land, rent, taxes, wages, permits, price of materials, handymen, etc etc? Common! Also, Scott is at least sincere: Quote By the end of the bootcamp, you’ll leave with spreadsheets, a working budget and a design plan that you can take to your investors, your contractors, your team… or whoever you're working with to build your mine in hopefully… less than 90 days! I operate a handful of small farms. The smallest has 22 miners and the largest currently has 37 miners. The most expensive setup cost me approx. £10,000 ($12,600) and the cheapest came in at approx. £7000 ($8,800). Since you're first quote is in £, you're UK based? If it's not a trade secret, what rates you have for kwh? Just curios since I'm crying in eurocents here! Title: Re: Minning Farm set up details? Post by: mikeywith on February 14, 2024, 08:58:44 PM Since you're first quote is in £, you're UK based? Stompy, how is it possible that you have not stumbled upon danieleither's posts before? :D OP. what size are we talking about here? 5 miners, 50 or 500? the cost is different, the plan is different, and everything is different. Why should people do that for you? That knowledge has value. But isn't that what we do here? help people with what we know for free? I have been posting in this board for 6 years or so, and never charged anyone for the help and knowledge I share unless they want to pay for it themselves, obviously, if OP wants a full plan then that's a different subject, but if it's just a general question of how much will wiring cost for 50 gears, or what size of transformer would they need, I think many including yourself will be willing to help. Title: Re: Minning Farm set up details? Post by: stompix on February 15, 2024, 10:11:21 AM Stompy, how is it possible that you have not stumbled upon danieleither's posts before? Cheesy I'm getting old, I was so sure he was from the US, I don't know why the whole s21 cable discussions made me think even more so.. Now I'm wondering who am I forgetting right now and who was I mistaken him for You're mikey right ?!? ::) But isn't that what we do here? help people with what we know for free? I have been posting in this board for 6 years or so, and never charged anyone for the help and knowledge I share unless they want to pay for it themselves, obviously, if OP wants a full plan then that's a different subject, but if it's just a general question of how much will wiring cost for 50 gears, or what size of transformer would they need, I think many including yourself will be willing to help. Well, OP came asked and ... Quote Date Registered: February 06, 2024, 09:37:17 PM Last Active: February 06, 2024, 09:53:13 PM But the reason why I also said his request is going to cost him is because he said "list your detailed cost of building" It's one thing to tell somebody you need 100m of cable, you need a transformer you need x and y and a completely different thing listing the cables at price perm, giving him quotes on the price of transformers by supplier and factoring in even the price handymen have per hour. Title: Re: Minning Farm set up details? Post by: philipma1957 on February 20, 2024, 05:57:58 PM Stompy, how is it possible that you have not stumbled upon danieleither's posts before? Cheesy I'm getting old, I was so sure he was from the US, I don't know why the whole s21 cable discussions made me think even more so.. Now I'm wondering who am I forgetting right now and who was I mistaken him for You're mikey right ?!? ::) But isn't that what we do here? help people with what we know for free? I have been posting in this board for 6 years or so, and never charged anyone for the help and knowledge I share unless they want to pay for it themselves, obviously, if OP wants a full plan then that's a different subject, but if it's just a general question of how much will wiring cost for 50 gears, or what size of transformer would they need, I think many including yourself will be willing to help. Well, OP came asked and ... Quote Date Registered: February 06, 2024, 09:37:17 PM Last Active: February 06, 2024, 09:53:13 PM But the reason why I also said his request is going to cost him is because he said "list your detailed cost of building" It's one thing to tell somebody you need 100m of cable, you need a transformer you need x and y and a completely different thing listing the cables at price perm, giving him quotes on the price of transformers by supplier and factoring in even the price handymen have per hour. my detailed cost of the farm in clifton. would take over a week to create. and since it involves a 1.2 megawatt (daily produced power not hourly) solar setup it would not apply. If he wants to know info details. He needs to tell us what he wants to spend. 1 unit 5 units 10 units 50 units 100 units all differ in details. I can only give info up to a 100 unit farm burning around 300 kwatts. Title: Re: Minning Farm set up details? Post by: takuma sato on March 17, 2024, 02:34:26 AM The mining game all starts with electricity costs. Are you able to fund your operation in a way that will allow you to keep expanding with more and better (more efficient) miners? do you have existing cashflows or you would need to enter into debt?
Examine your assets and liabilities and try to predict what the expenses will be vs expected returns, if numbers check in then give it a try. And if you do go public, then I would advise against diluting shareholdings unless you have a clear path that explains why this temporary loss in price per share will be worth in the future, otherwise these things tire investors (see the ongoing MARA case, amongst many other public miners). But im assuming you just want to mine privately as a hobby. |