My first comment.  Listen to Phillip.  He know's what he is talking about.  

I wouldn't have felt comfortable re-arranging my breaker box, installing 30A breakers, running the wiring, and installing the outlets myself.  I have a friend who is an electrician, so I paid him to do it.  I had two 30A outlets installed in my mining room.  They were short runs, so only ended up having to get 50' of romex.  For two outlets, the materials shouldn't cost more than $200 or so.  The L6 recepticals are around 20-25 each.  50ft of 10-3 romex was $75.  The 30A breakers he already had and didn't charge me any extra for.  There are some other odds and ends that you'll need.

I ended up paying him $100 for the labor and around $150-$175 for the materials.

Thank you!  This is the type of answer I was looking for (in plain dumb english).

I'm planning to run 3 13 card board (B250 board) and possibly upgrading to 19 on each board if I can ever get my hands on those....I read it somewhere that 30 amp should be good for 5000w so I guess 3 30 amp is probably my best bet right?

Again, thanks for the answer guys!

Jeff-

Appears to be setting up something in the Walla Walla area - which does NOT have super-low electric rates, poor choice of location IMO.
Can't check the business registration with the State of Washington right now as their system is down for upgrades 'till Monday - but 3'd party sites show the Ant Creek LLC being registered by Jihan (might be a different one, but what are the odds?).

So I’ve decided to hire an electrician to come wire me some 220’s.  I’m thinking 2 100 amp outlet (If possible since I live in ny and I’m hoping these old houses can handle that much power).  Anyway, What do you guys do for extension cords since most pdu I see are 30 amps only....how do you guys do it?

I'd say "one OF the most inflated cycles", not "the most".
But the point is still valid.

There clearly is overcapacity. That is why these miners are not selling. Breakeven used to be less than half the time dude and profitability was far higher. U now have to mine above the warranty period to break even. I have a friend mining in china and there are other cost such as building, maintenance, staff and reliability of electricity. It isnt just low electricity. It is also harder for them to find low electricity rates these days.

Dude, bitcoin difficulty has increased alot more than bitcoin price and there are tons of unsold asics unlike the past where it is out of stock. U can now get miners in 2 weeks and not 3 months....wat u mean by they cant get enough capacity? If people wanted more capacity, they can easily buy and push the delivery date 1-2 months out. That happened in the past, not now.

If u are referring to gpu, yes, there is a shortage but not asics. Holding bitcoin makes a lot more than buying.

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(Moderator's note: This post was edited by frodocooper to trim the quote from QuintLeo.)

User 'phillipma1957' has not chosen to allow messages from newbies. You should post in their relevant thread to remind them to enable this setting.

you did a good job in explaining the differences between CR and ROI, maybe you should have stopped there.

However, you call people dumb and ignorant for using ROI in place of CR (which is just slang), and then you use "hodling" which is just slang for holding.

so your slang doesn't make you sound dumb but others using slang makes them sound dumb?

Maybe.. it is time to get off your soap box..

From where did you get this rig in the first video

Buy $4000 worth of graphic cards today and see how profitable they are...

what is the criteria to say newbie/Jr.member/member/full member etc..

OK. So I checked again this morning. GPU2 is only running at about 55% when viewing the AfterBurner software. GPU1 is running at 70% which I expect as that's the TDP I have set. Why is GPU2 not running to 70%?

I have several of these new for sale for $950 each

EVGA GeForce GTX 1080 Ti GAMING, 11G-P4-5390-KR, 11GB GDDR5X

https://www.newegg.com/Product/Product.aspx?Item=9SIACVB6260934

Which algo is monero switching to? It just says to be changed and doesn't say

Like this title says..

I currently have a 12 1080 ti rig running from an 12 gauge extension cord (2 1200w bitmain psu to power 12 gpu's and a 1050w psu to power mb and risers.  The extension wire do get a little warm.  I also have another 6 1080 rig which i put it upstair (afraid ill trip my 20 amp fuse). My real question is....how do you manage to run multiple rigs without re-doing all your house wires?

Hello,

What calculation formula should I use to calculate mining profit for various algorithms? X11, Neoscrypt, CryptoNight and all others? Or that formula is the same for all algos. Whattomine and other profit calculators I know.