Bitcoin Mining in Inherited Apartment in a small town in Kazakhstan?

[FP91G]

The key is watts per dollar.

Take the best air miner the s21 xp

3500 watts for 270 th

270 th earns about $16 dollars

So 16x365= 5600 or so

Never mind that the cost is 6500 for the machine

So even if the machine was free [huh?] It would only make 5600 in a year.

For 3.5x24=84 kwatts a day that is 2500 kwatts a month you can't hide that you get caught.

So even if you stole the best machine and have free power it will take over a year for it to earn more than what you can sell it for,on ebay.

I can give you another calculation. Usually people buy old S19 ASICs at 90-100 TH for $300. The ASIC pays for itself in 60 days of free electricity. You also need to spend money on location equipment, but on average the payback period is 3-4 months.

Prices in Russia

Whatsminer used
▫️M30s+ 100 th -240$
▫️M30s+ 102 th - 250$
▫️M30s++ 108 th - 340$
▫️M30s++ 110 th - 360$
▫️M50 118 th - 500$
▫️M50 120 th - 530$

Antminer used
▫️S19 95 th - 220$
▫️S19 90 th(126chip) - 295$
▫️S19 96 th(126chip) - 320$
▫️S19 j pro 104 th(126chip) -370$

[Outhue]

Illegal mining is not a new thing in Kazakhstan, every power holding company over there are aware about this grid power farming, once a location is using excessive power there will be some investigation carried out instantly.

Many members on here have already give the best advice they could, I have nothing to say to you than a warning, whatever you later decide to do make sure you don't get greedy, do not try to steal.

I will repeat myself, don't mine Bitcoin illegally, they will find you and seize everything from you, the possibilities of getting sentenced is also possible, it's not worth the risk. Take care

[Patikno]

Illegal mining is not a new thing in Kazakhstan, every power holding company over there are aware about this grid power farming, once a location is using excessive power there will be some investigation carried out instantly.

Many members on here have already give the best advice they could, I have nothing to say to you than a warning, whatever you later decide to do make sure you don't get greedy, do not try to steal.

I will repeat myself, don't mine Bitcoin illegally, they will find you and seize everything from you, the possibilities of getting sentenced is also possible, it's not worth the risk. Take care

I completely agree with you, we should avoid illegal Bitcoin mining, especially stealing electricity for Bitcoin mining, because it can be very risky. Some time ago, there was also news about illegal Bitcoin mining in my country, which was easily detected, if I am not mistaken, they had only been mining for about a week, but they were already discovered, I believe this is all due to the presence of monitoring devices for trafo or transformator (which distribute electricity), so making it easy for the relevant companies to track any strange electrical currents. Therefore, I also recommend once again as you suggested, that we should avoid this illegal activity, which has negative impacts.

[FP91G]

Illegal mining is not a new thing in Kazakhstan, every power holding company over there are aware about this grid power farming, once a location is using excessive power there will be some investigation carried out instantly.

Many members on here have already give the best advice they could, I have nothing to say to you than a warning, whatever you later decide to do make sure you don't get greedy, do not try to steal.

I will repeat myself, don't mine Bitcoin illegally, they will find you and seize everything from you, the possibilities of getting sentenced is also possible, it's not worth the risk. Take care

Bitcoin mining in an apartment on ASICs will probably be noticeable in a few months. In Russia and Kazakhstan, very similar energy systems and smart devices are installed either in large cities or there are very few of them. Usually, control is based on monthly consumption. The first month is an anomaly, the second month of high consumption - the apartment is already under control, in the third month there may be an inspection. But if there are complaints about noise or low voltage in the power grid, then the inspection will come faster.