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Author Topic: My first mining project / mini-farm  (Read 2791 times)
SFR10
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March 28, 2024, 09:01:10 PM
 #21

P.s. interested to know why you have "mixed feelings" about wooden structures?
It's more affordable than other building materials, but it can also contribute to spreading the fire fast [no matter how flawless our setups appear, we shouldn't rule it out (unfortunately)]...

  • e.g. The wood frame that's supposed to act as a divider between the hot and cold sides with the help of the somewhat combustible insulation board, scares me [especially since it's next to the mining rack].

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philipma1957
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March 30, 2024, 10:37:06 PM
 #22

Really nice setup, trying to go in this direction but get constant blockages, congrats on achieving such a draw!!

This must be a 200a per phase 3ph setup?

Tried to pm you the below msg for privacy, but your account doesnt accept pms from newcomers.

I would be interested in buying your old rigs if/when you come to upgrade.

Right now im running mostly S17+, 1166s, a few on Single 100amp setups, with 1 3phase 3x100a.


I gave you a merit you should not be a newbie any more

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
JessieJames13
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March 30, 2024, 10:45:02 PM
 #23

Thanks philip, but im still classed as a newbie account.  Grin
philipma1957
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March 31, 2024, 12:26:56 AM
 #24

Thanks philip, but im still classed as a newbie account.  Grin

it will fix itself maybe by April 2 as you will be here for 2 weeks.

keep posting.


takes 30 days according to this.

https://bitcointalk.org/index.php?topic=178608.msg63880748#msg63880748

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danieleither (OP)
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April 01, 2024, 01:40:29 PM
Merited by vapourminer (1), JayJuanGee (1)
 #25

Really nice setup, trying to go in this direction but get constant blockages, congrats on achieving such a draw!!

This must be a 200a per phase 3ph setup?

Edit : looking at your pic the lines in the cabinet look like 100a diameters for each phase

Are the 2.5mm2 twin/earth not overkill per asic? Ive been using standard 13A-fused kettles on my S17+s, no overheating/burnt plugs as of yet.

Tried to pm you the below msg for privacy, but your account doesnt accept pms from newcomers.

I would be interested in buying your old rigs if/when you come to upgrade.

Right now im running mostly S17+, 1166s, a few on Single 100amp setups, with 1 3phase 3x100a.


The supply at this address is 240V / 200A 3-Phase. The distribution board in the photos is rated for 250A, however it is fused at 160A at the supply end (due to using a 50mm cable). I have a second (smaller) distribution board in the mining room (not photographed) to spread load.

The 2.5mm cables were ESSENTIAL. I fitted 1.5mm cables first, they overheated (which is why I upgraded to 2.5mm). Bear in mind these were only for my Whatsminers which have only one power input, therefore you are delivering all power for the miner through one cable (vs. 2 x cables with old Antminers). I used 1mm flex cables for my Antminers. The Whatsminers draw up to 3700w each.

You should also consider cable length when calculating appropriate cable size. The longer the cable length, the more voltage-drop - so where 1.5mm cable might be fine for a 3m run, it may not be ok for a 25m run etc.

As for old rigs, they've all been replaced since this post was made (4 years old now)! It's just at the top of the forum because I fixed some missing photo links recently. I'm running S21 / T21 at this farm now.
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April 09, 2024, 08:28:05 AM
 #26

Damn, I am jealous of your set up, I wonder if I can pull something this similar off on my own, I am still rocking Asic miners tilll today, I don't have such an idea to run more than 5 Asic miners but I am looking forward to that day.

I think it will be in 2026, I plan to go big on good numbers of Asic miners at the time I am curious though about how much this must have cost you, apart from the Asics how much have you spent on cooling components alone?

I need this information just to get me prepared, I believe that I will have an extra $100,000 in 2025 to start or risk on a Bitcoin mining farm, I wanted to do this for a long and I dont want to leave this world behind without fulfilling my dream.

To the experts in the house, what can $100,000 do in terms of building a Bitcoin mining farm? Or how can one spend this in a very smart way on Bitcoin mining?

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SPIN

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danieleither (OP)
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April 09, 2024, 12:36:46 PM
Last edit: April 09, 2024, 08:33:18 PM by danieleither
Merited by vapourminer (1), JayJuanGee (1)
 #27

Damn, I am jealous of your set up, I wonder if I can pull something this similar off on my own, I am still rocking Asic miners tilll today, I don't have such an idea to run more than 5 Asic miners but I am looking forward to that day.

I think it will be in 2026, I plan to go big on good numbers of Asic miners at the time I am curious though about how much this must have cost you, apart from the Asics how much have you spent on cooling components alone?

I need this information just to get me prepared, I believe that I will have an extra $100,000 in 2025 to start or risk on a Bitcoin mining farm, I wanted to do this for a long and I dont want to leave this world behind without fulfilling my dream.

To the experts in the house, what can $100,000 do in terms of building a Bitcoin mining farm? Or how can one spend this in a very smart way on Bitcoin mining?

This question was asked, and answered earlier in the thread Smiley I'd estimate this setup was approx. $8000 for everything except the miners, however I did the electrical work myself so you'd probably need to allow an extra $1500 - $2000 if you needed an electrician.

So, assuming you were making a similar setup today, $100k would get you:

$10,000 - similar setup to mine including labour
$90,000 - lots of options here (depending on your available power and cost):

   * 64 x S19KPro - 120T
   * 27 x S21 - 188T
   * 23 x S21 - 200T
   * 32 x T21 - 190T

You would need a large commercial electricity supply though. I have 200A 3-phase 240V, which was already in the premises before I started mining. If you had to have a big supply like that installed, I imagine it would add several thousand $ to the setup cost
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April 09, 2024, 12:53:46 PM
 #28

oooooooooohhhhhhhhhh, that looks sooo HUGEEEEEEEEEEEEE Grin Grin Grin Grin Grin Grin Grin
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April 10, 2024, 05:33:10 PM
 #29

I'm interested in the commercial component, if it's not a commercial secret. Smiley
What is the total monthly consumption (kW or MW) of your mining rig?
How much does 1 kW of energy cost you? Are you likely to pay industrial/commercial rates?
Do you immediately sell the mined bitcoins to cover current expenses or hold it until it can be sold at a favorable rate?

Have you provided a fire extinguishing (warning) system to prevent the mining farm from catching fire?

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..BUY/ SELL CRYPTO..
danieleither (OP)
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April 11, 2024, 10:25:44 PM
Merited by vapourminer (4), JayJuanGee (1)
 #30

I'm interested in the commercial component, if it's not a commercial secret. Smiley
What is the total monthly consumption (kW or MW) of your mining rig?
How much does 1 kW of energy cost you? Are you likely to pay industrial/commercial rates?
Do you immediately sell the mined bitcoins to cover current expenses or hold it until it can be sold at a favorable rate?

Have you provided a fire extinguishing (warning) system to prevent the mining farm from catching fire?

Well, my energy cost varies and I wouldn't want to put it here. I will say my farms are all on sites that generate electricity, and that is a big factor in the price per kWh that I pay.

As for consumption, at this farm I am running 36 x S21 and T21, which is about 130kW total with the fans. 3.1 MW per day, 94 MW over a 30-day period.

I don't sell Bitcoin unless I have to. I'm running around 200 rigs total, and I happened to get into mining at a very good time (shortly before the last halving, when coins were around $7000). Following the halving, over the course of several months, Bitcoin price exploded to 6x / 7x what it was when I got into it. I took out several large fiat loans to get into mining, but was able to pay them off in under a year (due to the explosion of Bitcoin price). Since then, I only buy new miners with BTC, so I have no outstanding loan payments to make - only the rent (which is peanuts as they are derelict buildings) and energy cost (which is low due to locations). So I sell bitcoin to cover costs, and also when I want something nice for myself Smiley But otherwise, my plan is to hold for long-term and watch it grow.

I'm not sure there is any system that could prevent a farm from catching fire, however this is an area I am currently thinking more about. My line of thought so far is that it would be beneficial to have some kind of suppression system that cuts power to the miners and fans via a contactor (e.g. when fire alarm is triggered) - but also Co2 extinguishers with heat activation (I have some in the engine bay of my yacht, they have a glass bulb that breaks at a certain temperature, causing the extinguisher to fully discharge).
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April 17, 2024, 03:54:20 PM
 #31

The setup you have created for mining is really great. Anyone will love this mining setup of yours. You may think your mining setup is a small mining setup but it is not a small mining setup at all it is enough. There are many who want to do mining like this, they will definitely be inspired by you. Wish you all the best in your mining journey and hope you can manage your mining operations from here.

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bitcoin_mining
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April 22, 2024, 03:20:53 AM
 #32

The mining farm you created just for bitcoin mining is really awesome. If I have such opportunities, I will definitely create a firm to mine bitcoins like this. Now only I am trying to learn about mining.
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