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