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1  Bitcoin / Hardware / Re: Need advice for mining setup - have free electricity on: January 30, 2017, 09:09:04 PM
Do you have an agreement about the amount of electricity you can use? If not then check the fuse box. What rating is on the fuses in your apartment and how many are there? A miner needs to be constantly online, so you will need to separate a circuit with a fuse, to be able to run a miner and your home appliances at the same time. You will also need to check if the walls are thick enough or you may have trouble sleeping.
Good point, coolcoinz. I will be plugging into a dedicated line from the breaker box, so I should be good there.

The noise thing is a bit of a concern, but not huge. I couldn't run an S9 at full clock, of course. But maybe a series of older miners, underclocked, could be quiet enough? I'm just guessing here - would like to know if others have done something similar.
2  Bitcoin / Hardware / Re: Need advice for mining setup - have free electricity on: January 30, 2017, 07:32:06 PM
Someone has to be the Moral-Margaret here (or Negative-Nancy?), but I wouldn't recommend going too overboard on electricity that's included with your rent. If you start making changes to the wiring, or they see that you're using way too much power and costing them a fortune, they could try to evict you on the basis of electrical code violations, or the fact that you're essentially running a "business" there and it should fall under commercial leasing -which is much more lenient towards the landlord and eviction. Personally I would personally buy a couple R4's and claim that's how you're heating the place.  Purposely taking advantage of someone and causing them undue financial harm for your own benefit (because they were foolish enough to include utilities) really isn't right.

Now to answer your question, the S7 would be the most cost-effective miner for hashrate, but they are incredibly loud.  You could try to get away with lower CFM fans and down-clocking the S7's, it might put you ahead in hashrate vs the S9 or R4, which have been very unreliable anyways.
Thanks for your response, Finsky. I hear what you are saying. I guess the way I look at it, I already don't use much electricity compared to some other people's daily use of a hair dryer, rolling iron, flat iron, toaster oven, regular oven, etc. I know it's not the same, but there is a tradeoff.

Also, I'm never going to set up a large mining farm, even it if starts making money for me down the road. I expect I would only ever have the hash rate equivalent of two or three R4s. With the large restaurant operation, I don't think the owner will notice the increase in electrical use. Mine is tiny compared to his, and my apartment and the restaurant are all on the same power account. Plus, it would balance out in the winter, saving on his heating costs  Grin
3  Bitcoin / Hardware / Need advice for mining setup - have free electricity on: January 30, 2017, 06:52:32 PM
Hello all,

I'm new to the forum, but I have been following bitcoin mining off and on for a while, and several times I almost jumped in and bought the hardware to mine, but my town's high electricity costs have always stopped me. GOOD NEWS: I just moved into an apartment with all utilities included. It's above a restaurant so they have plenty of reliable commercial power (plus air conditioning in the summer, also free). I signed a 2-year lease, so I know I have at least that long with free electricity.

I will be mining at home, so I need gear that is relatively quiet. I have researched the Antminer R4, and while that looks great, it's pricey. I have a budget of $4k-$5k, so I'd like to get as many TH/s as possible with my combined miners. I am open to buying a bunch of older miners (of different brands, too) that are reliable, even if they are less efficient, considering paying for electrical power is not an issue.

Any suggestions would be welcome! Thanks!
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