Mining at Home dying out

[Xer0]

KnC Neptune draw 2.2kW at the Wall

at least here in Europe we have a 16A/3k6W limit per phase and fuse,
which you get for every room in optimal case, but could be the supply the whole flat aswell

with said 2200W you can not run another mine on the same circuit,
but also must watch out to not exceed the remaining 1400W with your other devices

i think 2014 will be the last year we can run profitable mining rigs ourselves,
soon only companies will run big miners and a few homesteadters able to rewire their house line

[tacotime]

Much like the gold rush.

[DrG]

Even worse for 110V with crappy wiring - no hope of running a Naptune

[goxed]

Even worse for 110V with crappy wiring - no hope of running a Naptune

there's a 220V plug at electric dryer hookups and central ac units in US. I guess it will need additional wiring.

[DrG]

Even worse for 110V with crappy wiring - no hope of running a Naptune

there's a 220V plug at electric dryer hookups and central ac units in US. I guess it will need additional wiring.

The second I interfere with the dryer by unplugging it my wife would give me an earful.

[Syke]

KnC Neptune draw 2.2kW at the Wall

KnC is just at the extreme. Every other manufacturer is offering lower power units that still run fine in the home.

[rograz]

since I doubt anyone will be running them from a single 2,2 kw psu (unless knc supplies them) the power consumption doesn't really matter.

[Xer0]

since I doubt anyone will be running them from a single 2,2 kw psu (unless knc supplies them) the power consumption doesn't really matter.

even with multiple psu's you would still draw power from one circuit and it will draw more due to overhead

[wmcleod]

My monthly hydro is absolutely outrageous.

My pool is also massive, but mining is just not conducive with living in a medium sized apartment, hence my decision to get out of mining and start cloud mining.

I am kind of excited to start cloud mining to be honest.  I'm a minimalist and having copious amounts of electrical gear is nearly every room in the house is starting to eat at my psyche.

[polarhei]

The First product is design with normal home home equipment such within 1200W. 4 modules requires 850W to power up. Which generates 550Gh/s at stable state.

I don't know the final specification except number so I cannot answer if it is not suitable for home very accurate. Since the supplier says it is the last product which you can place at home freely, implies the equipment may consume at most 1400W (That is enough to power 5 GPUs if using 4 GPUs and 1 APU).

[HellDiverUK]

KnC Neptune draw 2.2kW at the Wall

at least here in Europe we have a 16A/3k6W limit per phase and fuse,

UK is in Europe.  We have 30A per ring main, 13A per socket.   There is 100A single phase to everyone's houses here.

You could run two Neptunes per ring, and still have plenty of spare current for your normal stuff.  My house has two rings (it's a small 3-bed of 1100sqft).  So, I could run 4x Neptunes with plenty of power to spare.

Your information is inaccurate.

[Takeshi_Kovacs]

KnC Neptune draw 2.2kW at the Wall

at least here in Europe we have a 16A/3k6W limit per phase and fuse,

UK is in Europe.  We have 30A per ring main, 13A per socket.   There is 100A single phase to everyone's houses here.

You could run two Neptunes per ring, and still have plenty of spare current for your normal stuff.  My house has two rings (it's a small 3-bed of 1100sqft).  So, I could run 4x Neptunes with plenty of power to spare.

Your information is inaccurate.

Yeah but the UK (and Ireland) are unique in having their own weird and wonderful domestic wiring - used nowhere else in the world. At least in the rest of Europe, thirty odd countries have managed to agree on a common standard.

[ScaryHash]

Buy a generator to plug it into.

Gas or diesel or propane.

At $500 bucks per bitcoin, you would still come out WAY ahead, and you can size it to your power requirements, and would not be subject to the whims of the powergrid or your crappy house wiring.

[ceyre]

I think home-mining will always have some market.
I think I'll probably bow out of it sooner rather than later, but I definitely see the draw for people who want to mine and SEE their miner in action.
I think it's a bit of novelty, one that won't wear off any time soon.

I think a lot of things, it seems...

[nexus99]

Even worse for 110V with crappy wiring - no hope of running a Naptune

there's a 220V plug at electric dryer hookups and central ac units in US. I guess it will need additional wiring.

The second I interfere with the dryer by unplugging it my wife would give me an earful.

Anyone in this situation will not be mining for profit in 6 months. It will be hobby level only.

[nexus99]

Buy a generator to plug it into.

Gas or diesel or propane.

At $500 bucks per bitcoin, you would still come out WAY ahead, and you can size it to your power requirements, and would not be subject to the whims of the powergrid or your crappy house wiring.

In the USA you need to start running 30 AMP 220 circuits to the basement. The big issue will be how many AMPs your house is getting form the utility.

[smracer]

It took 80 5870's in 2012 to melt the wires coming into my main breaker box at my house. 

Now I have a warehouse with 2000 amp service.

[klondike_bar]

people will still be capable of running 1-2TH of hardware at home before they begin to encounter power issues. Very soon we will see a lot of avalon units start going on sale as people making thier power draw switch to higher efficiency chips

I'm personally running 440GH in my 1bedroom apartment

[ceyre]

Just went from 1.2 TH/s, down to 1 TH/s.
Trying to ramp down to about 500GH/s.

[Kluge]

Even worse for 110V with crappy wiring - no hope of running a Naptune

there's a 220V plug at electric dryer hookups and central ac units in US. I guess it will need additional wiring.

The second I interfere with the dryer by unplugging it my wife would give me an earful.

You need to improve at marriage. What the Hell's her problem, taking up $100s per year for no reason. Here you have the miners to dry and heat clothes, and she still wants to use a redundant machine specifically for drying instead of putting the clothes on a line? Wow, what an asshole.

Here you are, trying to cut down on electricity costs... YOU are the victim, my friend.