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Author Topic: The Ultimate Mining Environment...  (Read 4943 times)
the joint
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November 22, 2011, 02:31:34 AM
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...is where I reside.   Midwest cool weather + a basement = a 6970 running at 73C with fan at 27%.   Did I mention my electricity is free?

I've made previous offers to sell mining space in the past...anybody in the Midwest want to mine here for a discount off your electric bill?

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DeathAndTaxes
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November 22, 2011, 02:36:07 AM
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How is your electric bill "free"?

Usually the person who subsidizes the electric bill tends to catch on when it jumps 1000% (which would happen if enough people took you up on your offer).

Free electricity is fine for a rig or two but I have yet to find someone who can supply enough free electricity to power 20GH/s (~$9K annually @ $0.10 per kWh).
the joint
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November 22, 2011, 04:09:02 AM
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How is your electric bill "free"?

Usually the person who subsidizes the electric bill tends to catch on when it jumps 1000% (which would happen if enough people took you up on your offer).

Free electricity is fine for a rig or two but I have yet to find someone who can supply enough free electricity to power 20GH/s (~$9K annually @ $0.10 per kWh).

Free utilities with rent.  Some would make the argument its included in the rent price...but at $475/mo, I'm not worried.

20 GH/s?  How about 1?

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November 22, 2011, 01:02:26 PM
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Which state are you located in?

Quote from: Matthew N. Wright
I use the blockchain to power my rotating love bed.
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November 22, 2011, 01:10:04 PM
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When your electricity bill is more than the rent, I think your landlord will do something about it. Just a hunch though.

Good luck.
the joint
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November 22, 2011, 01:24:14 PM
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Which state are you located in?

Illinois

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November 22, 2011, 03:29:21 PM
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How is your electric bill "free"?

Usually the person who subsidizes the electric bill tends to catch on when it jumps 1000% (which would happen if enough people took you up on your offer).

Free electricity is fine for a rig or two but I have yet to find someone who can supply enough free electricity to power 20GH/s (~$9K annually @ $0.10 per kWh).

Free utilities with rent.  Some would make the argument its included in the rent price...but at $475/mo, I'm not worried.

20 GH/s?  How about 1?

Because 1 GH/s is pretty damn worthless at this Bitcoin value?

And Giga's point was, if enough people approach you, wanting this deal, you'd eventually (hell, quite quickly) hit a point where the power costs become outrageous. Not a single person wanting to offload all 40 of their PCs to you, but 10 people with 500MH/s? Well, that's 5k... think the landlord might notice that?

Not to mention, what sort of wiring are you actually working with here? You'll need a number of breakers to actually support multiple, hard core, high end mining.
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November 22, 2011, 03:52:00 PM
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You'll need a number of breakers to actually support multiple, hard core, high end mining.

Tell me about it.  Once you get past a trivial amount of hashing power, the power distribution and handling thermal load becomes the most challenging aspects. 
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November 22, 2011, 04:00:39 PM
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I'm sure his landlord won't mind if he, an unlicensed electrician, goes ahead and runs some new breakers and lines in the house he's renting.

It's cool, yo. I can Google how to do that stuff.
the joint
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November 22, 2011, 06:49:52 PM
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Well, because I rent out a room in a house with 4 other individuals, I do have some advantages.

First of all, I can always deny that it's me using the electricity and it'd be very hard for him to prove it is me.  Rigs are concealable and I don't have access to the furnace since I'm in the basement -- he would likely assume that the girls living upstairs are cranking the heat in the winter, though letting them take the blame would be unethical I suppose haha.

Second, and more importantly, rooms in the basement are particularly hard to rent out because there is no easy access to the kitchen.  The house is set up so that those living in the basement need a key to access the upstairs with the kitchen.  It's basically a bachelor pad down here, and the other room was left unfilled for periods of up to 6 months twice since I've been living here.  So, the landlord would have to choose an option:  kick me out and lose $475 a month for who knows how many months, or let me stay and break even (assuming a $475/mo electric bill).  Lease is good till June and the lease agreement allows me free utilities.  By June I'll have my masters degree and will likely move out anyway.

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Gerald Davis


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November 22, 2011, 06:58:10 PM
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So, the landlord would have to choose an option:  kick me out and lose $475 a month for who knows how many months, or let me stay and break even (assuming a $475/mo electric bill).  Lease is good till June and the lease agreement allows me free utilities.  By June I'll have my masters degree and will likely move out anyway.

Um I hope your degree isn't in mathematics.  Based on your scenario above it would obviously be a no-brainer to throw you out immediately.  He likely can't due to eviction laws in your state but just indicating your scenario isn't a hard choice.
the joint
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November 22, 2011, 07:03:11 PM
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So, the landlord would have to choose an option:  kick me out and lose $475 a month for who knows how many months, or let me stay and break even (assuming a $475/mo electric bill).  Lease is good till June and the lease agreement allows me free utilities.  By June I'll have my masters degree and will likely move out anyway.

Um I hope your degree isn't in mathematics.  Based on your scenario above it would obviously be a no-brainer to throw you out immediately.  He likely can't depends on eviction laws in your state but just indicating your scenario isn't a hard choice.

Yeah...I reread what I just typed.  I'm currently laughing at the stupidity of what I just said.

Let me recreate the scenario.  Either  kick me out and lose $475 a month for who knows how many months, or let me stay and make SOMETHING since a $475/mo electric bill is unrealistic given the capacity of electrical output.

Edit:  The sad thing is, I actually just found out today that I aced a calculus final  Undecided

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November 23, 2011, 08:01:30 PM
 #13

...is where I reside.   Midwest cool weather + a basement = a 6970 running at 73C with fan at 27%.  

The first thing I noticed as wrong, ,,, " 73C with fan at 27%"  Try adding 40 x 5850 and check back the temp/fan speed.

Heck! it is minus 10c and my windows are still wide open (kidding)
the joint
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November 24, 2011, 12:46:44 AM
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...is where I reside.   Midwest cool weather + a basement = a 6970 running at 73C with fan at 27%.  

The first thing I noticed as wrong, ,,, " 73C with fan at 27%"  Try adding 40 x 5850 and check back the temp/fan speed.

Heck! it is minus 10c and my windows are still wide open (kidding)

In the summer I had to keep my fan at at least 60% to maintain 73C or below.

Brian DeLoach
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November 24, 2011, 01:57:25 AM
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...is where I reside.   Midwest cool weather + a basement = a 6970 running at 73C with fan at 27%.  

The first thing I noticed as wrong, ,,, " 73C with fan at 27%"  Try adding 40 x 5850 and check back the temp/fan speed.

Heck! it is minus 10c and my windows are still wide open (kidding)

In the summer I had to keep my fan at at least 60% to maintain 73C or below.

It's hard for people who have never run 10 kilowatts of electrical equipment to realize just how much heat that produces. Even a quarter of that and you will run into heating issues. During the winter you'd have to at least have good air circulation to exhaust the heat. During the summer, you'll absolutely have to have A/C equipment, no way around it. Your situation isn't scalable one bit. Apart from that, "free" electricity is usualy a rediclous claim which can only last so long before you're "found out." Nobody would want to risk that.

Quote from: Matthew N. Wright
I use the blockchain to power my rotating love bed.
the joint
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November 24, 2011, 03:54:35 AM
 #16

...is where I reside.   Midwest cool weather + a basement = a 6970 running at 73C with fan at 27%.  

The first thing I noticed as wrong, ,,, " 73C with fan at 27%"  Try adding 40 x 5850 and check back the temp/fan speed.

Heck! it is minus 10c and my windows are still wide open (kidding)

In the summer I had to keep my fan at at least 60% to maintain 73C or below.

It's hard for people who have never run 10 kilowatts of electrical equipment to realize just how much heat that produces. Even a quarter of that and you will run into heating issues. During the winter you'd have to at least have good air circulation to exhaust the heat. During the summer, you'll absolutely have to have A/C equipment, no way around it. Your situation isn't scalable one bit. Apart from that, "free" electricity is usualy a rediclous claim which can only last so long before you're "found out." Nobody would want to risk that.

It's not scalable because nobody makes a really really huge 6970  Undecided

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November 24, 2011, 09:02:20 AM
 #17

It's not scalable because nobody makes a really really huge 6970  Undecided

I've made previous offers to sell mining space in the past...anybody in the Midwest want to mine here for a discount off your electric bill?

You are, however, offering to host more equipment.

Quote from: Matthew N. Wright
I use the blockchain to power my rotating love bed.
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November 24, 2011, 12:00:34 PM
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Yeah. And it's the hosting bit that made most of us laugh, as if you could start running 40 videocards in a basement of a house you rent and:

A) Go un-noticed
and
B) Not have to massively upgrade your power distribution network
and
C) Not melt from the excess heat.
the joint
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November 24, 2011, 11:03:33 PM
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Yeah. And it's the hosting bit that made most of us laugh, as if you could start running 40 videocards in a basement of a house you rent and:

A) Go un-noticed
and
B) Not have to massively upgrade your power distribution network
and
C) Not melt from the excess heat.

I never said 40 vid cards.  You did.

I said 1 GH/s.  That was a joke, but at the same time 1-2 GH/s is something I could support.  I'm really not sure why people are opposed to earning an extra ~$30 a month (haven't done the math, not sure what it comes out to).  Just because 2 GH/s isn't 20 GH/s doesn't mean you wouldn't be earning more than you currently are by utilizing a cheaper source of electricity.  I understand the human brain doesn't think that "small" monetary figures add up to some significant degree over time, but they do.

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November 25, 2011, 06:39:27 AM
 #20

why would someone trust you with their expensive equipment?  You seem fine with screwing over your landlord so why not screw over the suckers who take you up on your offer?
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