Thanks again - will look into the evaporative cooling that you have mentioned.

In regards to opening up the router, I use that phrase loosely, it would have a draytek router with a sonic wall in front of that, the remote access would be locked down to my home WAN IP on a random port, this also has network monitoring should anything try to access which is quite unlikely. As should this prove profitable I would have a few pc's set up on both end and eventually a site to site VPN to my business network as I would like to have someone onsite doing other work as a quick response

Fortunately network security is my daytime job so I should be fairly safe! Also, I am unable to find a +rep button or thank button for your helpful replies, I really do appreciate the advice!

Thanks!

Thanks for the response,

fortunately i have family out there who own multiple premises and i am confident that they are secure, however i was looking at a few POE IP cameras.

May prove to be a pain with the remote IP as i'm not sure of the procedure of getting a static IP out there or the use of something like DYNDNS as i need to look into their ISPs. The electricity fee is quite accurate, as the premise that i am going to use is based within a block of industrial buildings. Given the country that it is in and the sway you can have on electricity boards etc.. with the right influence it's actually cheaper than the standard business rate in that country (which is already cheap enough) around 0.08$ pkw.

Interest RE the cooling, i was going with AC as it is already supplied in the building given the climate and is included in the rent of the premises. The ambient temp there is around 40C most of the year which is one of the biggest caveats as i'm wondering whether or not the AC will keep temps down..

One of the biggest factors of this venture is the amount of people who claim it not worth mining BTC anymore unless you where already involved before difficulty increases. My theory is that Miners could not keep their legacy kit in situ as it would become outdated extremely fast, thus buying new kit available to other consumers... However the investment i suppose would have been supplemented greatly by profits in the early days.

Quite exciting really!

Hi All,

I am in the process of setting up my first mining farm and would appreciate any help or suggestions.

I am basing the farm in a south Asian country where the electricity rates are circa £0.018 pkw.

I am going to be purchasing 10x antminer S4+ and putting them into a standard 47u rack, with a UPS and airconditioning etc..

Using the calculators available online i can see that it is likely to break even fairly quick, even so with the decline in the cost per BTC. the cost i feel is acceptable as i was one of the lucky people who stumbled across bitcoins in the early days, however i have only just got back into researching.

I am in the process of finalizing the premise etc.. and was wondering lifespan of rigs etc.. as i cant go across the world multiple times a year. I'm also wondering how plausible it is to set up remote monitoring, do these come with interfaces that i can just open a port on the router and access via the WAN IP? I will have people nearby who can act as 'smart hands' should any hardware failures occur. Any constructive criticism will be appreciated however i am definitely going through with this for the inevitable doubters..


Thanks in advance