Bitcoin Forum
October 22, 2018, 06:04:51 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: IT DRP for your mining rig  (Read 1318 times)
PremiumCodeX
Hero Member
*****
Offline Offline

Activity: 868
Merit: 508


Live, Clare!


View Profile WWW
November 04, 2016, 08:10:00 AM
 #1

Hey! A mining rig is a complex IT infrastructure where each resource runs important function. In this infrastructure, each resource failure results in direct damage to your profit. The more time the recovery takes, the more damage your profit suffers. So, do you have an IT SRP/DRP to recover your mining rig should a disaster happen to it?

▀▄▀▄▀▄   👻  𝒞♡𝒹𝑒𝒳  👻   ▄▀▄▀▄▀
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1540231491
Hero Member
*
Offline Offline

Posts: 1540231491

View Profile Personal Message (Offline)

Ignore
1540231491
Reply with quote  #2

1540231491
Report to moderator
1540231491
Hero Member
*
Offline Offline

Posts: 1540231491

View Profile Personal Message (Offline)

Ignore
1540231491
Reply with quote  #2

1540231491
Report to moderator
barrysty1e
Hero Member
*****
Offline Offline

Activity: 603
Merit: 500



View Profile WWW
November 04, 2016, 09:04:37 AM
 #2

no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI.
when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.

mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.

just like a chocolate milkshake, only crunchy..!
PremiumCodeX
Hero Member
*****
Offline Offline

Activity: 868
Merit: 508


Live, Clare!


View Profile WWW
November 09, 2016, 09:00:05 PM
 #3

no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI.
when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.

mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.

What about the big mining rigs that generate alot of profit and could cause the loss of investors if being destroyed? I understand that your home mining rig does not need an IT DRP, but there are companies that run mining rigs as business. Critical processes often run from these rigs like cloud mining.

▀▄▀▄▀▄   👻  𝒞♡𝒹𝑒𝒳  👻   ▄▀▄▀▄▀
Biffa
Legendary
*
Offline Offline

Activity: 1666
Merit: 1009



View Profile
November 09, 2016, 10:14:29 PM
 #4

no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI.
when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.

mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.

What about the big mining rigs that generate alot of profit and could cause the loss of investors if being destroyed? I understand that your home mining rig does not need an IT DRP, but there are companies that run mining rigs as business. Critical processes often run from these rigs like cloud mining.

There isn't enough profit in mining to have hot-standby equipment, redundant power, offsite backup datacenters or even UPS's

What you need is cheap-as-close-to-zero electricity and lots of cool air, the only redundancy you may get is redundant internet connection and maybe, if you can get it for free, redundant power.

Mine at pools that pay transaction fees & don't mine empty blocks :: kanopool :: ckpool ::
:: Dalcore's Crypto Mining H/W Hosting Directory & Reputation ::
barrysty1e
Hero Member
*****
Offline Offline

Activity: 603
Merit: 500



View Profile WWW
November 11, 2016, 01:47:00 PM
 #5

no, because the margins are already tight enough especially if its a new setup and you're still trying to reach ROI.
when hardware is pushed, the best you can do is be reasonable with what you're expecting for output; and monitor all equipment.

mining equipment isn't life threatening if it fails, it doesnt need a disaster recovery plan.

What about the big mining rigs that generate alot of profit and could cause the loss of investors if being destroyed? I understand that your home mining rig does not need an IT DRP, but there are companies that run mining rigs as business. Critical processes often run from these rigs like cloud mining.

i'm guessing you're talking about having another set of mining rigs on standby?
mining has always been cut-throat competitive. if someone went as far as to spec up a set of 'standby' rigs for their setup, i'd imagine they'd end up using them full time in a matter of hours.

in terms of redundant power, redundant network, redundant stratum/coin daemon instances - thats a given with any setup.

just like a chocolate milkshake, only crunchy..!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!