mc_lovin
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www.bitcointrading.com
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November 05, 2014, 11:52:18 PM |
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#peercoinuserunaffected
but seriously though, ouch! did you have insurance?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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philipma1957
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Activity: 4116
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'The right to privacy matters'
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November 06, 2014, 12:04:42 AM Last edit: November 06, 2014, 12:54:47 AM by philipma1957 |
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Source? My OWN miners ;-(. And this is just 1 building. Had another 2 buildings burned to the ground.
So you claim this mess as your own? All Sp30's taking up 3 buildings using 5mw for about 1400 plus sp30's Not that I do not believe you, but show us more of the disaster please. found confirms on sp30 thread sorry for your loss
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dropt
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Activity: 1512
Merit: 1000
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November 06, 2014, 12:09:13 AM |
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Source? My OWN miners ;-(. And this is just 1 building. Had another 2 buildings burned to the ground.
Were all of these buildings connected? Mighty strange they all went up in flames. My condolences, hope you were insured.
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guitarplinker
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November 06, 2014, 12:43:01 AM |
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That looks like a huge nightmare, I sure hope you were insured as well. How much hashpower was located in those three buildings if you don't mind me asking?
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philipma1957
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Activity: 4116
Merit: 7862
'The right to privacy matters'
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November 06, 2014, 12:56:27 AM |
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b!z
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November 06, 2014, 01:34:37 AM |
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Do you see cubes in my Photo? Those are all spondoolies sp30. ITS a 5MW facility that burned down to the ground. Not a house. I have helped keeping the last difficulty jump down by putting off some peta hashes ;-).
I'm really sorry to hear about your loss. What do you plan to do next?
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windpath
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Activity: 1258
Merit: 1027
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November 06, 2014, 01:47:05 AM |
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Wow, that's crazy... Can not imagine the disappointment. Translated the article, looks like it was in the Philippines, near Manila. The mine had been operating about 4 months, cause believed to be a short circuit, 2 guards were on duty when the fire started... The investigation is ongoing.
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goozman96
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November 06, 2014, 01:49:46 AM |
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Thanks for keeping the difficulty down! Sorry for your loss though.
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BTC: 19DKtsdGfQyFzNiEze9KuFQrWGiLDvg6F1 | LTC: LbV6UGyjYbVP49NvQFmuAnkADcaFYvNagK | NMC: NDCdMJmTmGH54Cezmo3CwSxAC7grAoZJbj
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Sythyn
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November 06, 2014, 04:14:30 AM |
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#peercoinuserunaffected
but seriously though, ouch! did you have insurance?
I don't think insurance would have helped the OP, as most homeowners insurance will not cover electronic devices unless they have a special rider and the insurance company receives documentation regarding the value of the electronics prior to any loss
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ZiG
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November 06, 2014, 04:24:38 AM |
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#peercoinuserunaffected
but seriously though, ouch! did you have insurance?
I don't think insurance would have helped the OP, as most homeowners insurance will not cover electronic devices unless they have a special rider and the insurance company receives documentation regarding the value of the electronics prior to any loss It is NOT a house...it is a BUSINESS ...mining farm...not homeowner but business insurance...Capisco...
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Fefox
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November 06, 2014, 05:45:43 AM |
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Wow so sad, that is a tremendous amount of work down the drain.. I really feel for these guys...
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Fabrizio89
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November 06, 2014, 06:50:53 AM |
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Yeah I don't think they could have any insurance being ok with this kind of business too. It looks too shady and anyway we are talking about experimental pieces of hardware that have a very limited lifespan or use anyway and you probably should have a place up to the task for it to be accepted.
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romerun
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Activity: 1078
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Bitcoin is new, makes sense to hodl.
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November 06, 2014, 12:43:02 PM |
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It's possible, in the future that miner manufacturers might include a trojan box on some large orders hoping to set fire on customers' farm.
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Gator-hex
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November 06, 2014, 01:13:11 PM |
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Fires are not cause by the mining machines themselves, they're usually caused by non-electrically trained people overloading the electrical capacity of their cables, or people not maintaining their equipment and cleaning the dust out of it.
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fran2k
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November 06, 2014, 03:29:29 PM |
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Oh dude, how you did not have another wallet backup. Epic.
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Corenin
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Activity: 1008
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November 07, 2014, 12:57:55 AM |
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Fires are not cause by the mining machines themselves, they're usually caused by non-electrically trained people overloading the electrical capacity of their cables, or people not maintaining their equipment and cleaning the dust out of it. Well, I have seen GPU capacity burst out in flame, although its not long but if the fire catch something else then its gone..
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STT
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Activity: 3906
Merit: 1414
Leading Crypto Sports Betting & Casino Platform
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November 07, 2014, 02:18:05 AM |
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I wouldnt believe it otherwise but Ive seen a fire start on a graphics card that was mining. It was only brief and came from a small capacitor I think but I suppose its possible for it to spread if cabling were not done right. A house operation may have too much dust, where as a proper setup with correct air management would probably help prevent heat build up better then your little small miner with it sitting on a carpet
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phillipsjk
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Activity: 1008
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Let the chips fall where they may.
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November 07, 2014, 06:20:44 AM Last edit: November 07, 2014, 05:00:34 PM by phillipsjk |
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One thing is bugging me about the recent fire: Why is ~5% of the world hash-power all in one place?
Edit: the German news article said the farm used about 5MW, which would only be 10Petahashes/second at most. I suppose if I want to be unlazy, I can look up how many machines were supposed to be in the facility.
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James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE 0A2F B3DE 81FF 7B9D 5160
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Christian1998
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November 07, 2014, 06:34:29 AM |
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This thead is since yesterday in the Golem Sorry cant post the URL - Iam mobile. Best regards Christian
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phillipsjk
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Let the chips fall where they may.
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November 07, 2014, 06:57:52 AM |
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James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE 0A2F B3DE 81FF 7B9D 5160
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