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xjack
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June 08, 2014, 08:22:33 PM |
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The thing is, each time I have enough Bitcoin, I turn around and convert it to dollars to pay some of my credit card bill (not because of the miners, just need the cash to pay it) so I'm not hanging on to BTC long enough but at the price I'm getting, with BTC ~ $450-$470 USD, the extra couple of hundred that has gone to the credit card makes a big difference.
Nothing wrong with this strategy, as long as you're aware the income stream is steadily declining. Some miners mine and hold BTC, some miners mine and sell BTC, some miners mine and reinvest BTC into more gear. Smart miners do a little of all of the above.  |
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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lowbander80
Legendary
 Offline
Activity: 1036
Merit: 1000
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June 08, 2014, 08:38:23 PM |
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Who does not want to be smart but cant do it all unless you have a big farm and enjoy big BTC production.
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SirChiko
Legendary
Offline
Activity: 966
Merit: 1000
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June 08, 2014, 09:08:35 PM |
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This is most of my farm.  32 S1s 9 S2s 2 Dragons 2 Jupiters 2 SP10s Total = ~22 TH/s Holy shit! How old that farm is? i bet u got pretty high amount of coins from it? Just big WOW  |
The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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chadwickx16
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June 09, 2014, 07:00:39 PM |
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This is most of my farm.
32 S1s
9 S2s
2 Dragons
2 Jupiters
2 SP10s
Total = ~22 TH/s
Holy shit! How old that farm is? i bet u got pretty high amount of coins from it? Just big WOW If you pay what I pay every month for colo, you would be making a killing! |
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seljo
Legendary
Offline
Activity: 1178
Merit: 1014
Hodling since 2011.®
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June 09, 2014, 07:57:34 PM |
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This is most of my farm.
32 S1s
9 S2s
2 Dragons
2 Jupiters
2 SP10s
Total = ~22 TH/s
Holy shit! How old that farm is? i bet u got pretty high amount of coins from it? Just big WOW If you pay what I pay every month for colo, you would be making a killing! How much you pay for colo for those 22 Ths? |
Hodling since 2011.®
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cryptoceelo
Member
Offline
Activity: 68
Merit: 10
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June 09, 2014, 08:19:23 PM |
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couldn't find the "Picture of your mining farm" thread so i guess this will do. phase 1  Niiice  Was but the room turned into a furriness hitting 47Degrees, the A/C units are shit anyone any recommendations on cooling that doesnt involve proper DC grade heat extraction and recovery? |
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chadwickx16
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June 09, 2014, 08:21:45 PM |
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This is most of my farm.
32 S1s
9 S2s
2 Dragons
2 Jupiters
2 SP10s
Total = ~22 TH/s
Holy shit! How old that farm is? i bet u got pretty high amount of coins from it? Just big WOW If you pay what I pay every month for colo, you would be making a killing! How much you pay for colo for those 22 Ths? For that amount of power I would be paying ~$2600/month. If you want more details let me know. |
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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June 09, 2014, 08:27:18 PM |
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couldn't find the "Picture of your mining farm" thread so i guess this will do. phase 1 Niiice Was but the room turned into a furriness hitting 47Degrees, the A/C units are shit anyone any recommendations on cooling that doesnt involve proper DC grade heat extraction and recovery? Atleast u dont need to worry about heating for the winter. :S . |
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kendog77
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June 09, 2014, 10:03:01 PM |
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This is most of my farm.
32 S1s
9 S2s
2 Dragons
2 Jupiters
2 SP10s
Total = ~22 TH/s
Holy shit! How old that farm is? i bet u got pretty high amount of coins from it? Just big WOW If you pay what I pay every month for colo, you would be making a killing! How much you pay for colo for those 22 Ths? That is proprietary information, so I'll never tell. I am very happy with the cost and quality of this co-location facility, and it's close to where I live. |
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Justin00
Legendary
Offline
Activity: 910
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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June 09, 2014, 10:16:38 PM |
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fark thats awesome very professional setup. I'm not familiar with mining hardware, so i will ask... what typa devices are those ? great job either way couldn't find the "Picture of your mining farm" thread so i guess this will do. phase 1 Niiice Was but the room turned into a furriness hitting 47Degrees, the A/C units are shit anyone any recommendations on cooling that doesnt involve proper DC grade heat extraction and recovery? |
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psahx
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June 10, 2014, 05:12:43 AM |
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fark thats awesome very professional setup. I'm not familiar with mining hardware, so i will ask... what typa devices are those ? great job either way Dragons
Was but the room turned into a furriness hitting 47Degrees, the A/C units are shit anyone any recommendations on cooling that doesnt involve proper DC grade heat extraction and recovery?
I think you will need some server grade Water Cooled AC system, which will not dry the air to the point, that heat exchange will suffer. Hope this is helpful. Google it. |
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Trillium
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June 10, 2014, 05:59:15 AM |
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Evaporative cooling is cost effective if you're in really dry climate. Or else you have a choice to pay quite a lot more to cool everything with refrigerated cooling ("AC"). You'd need to install a huge capacity system for that many miners.
The other option is to actively ventilate the rooms with very high flow of air from outside. You can calculate how much airflow (or air exchanges) will be needed if you know the heat output of all your miners, the heat capacity of air (google) and your typical outside temperatures.
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BTC:1AaaAAAAaAAE2L1PXM1x9VDNqvcrfa9He6 |
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lightfoot
Legendary
Offline
Activity: 3094
Merit: 2239
I fix broken miners. And make holes in teeth :-)
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June 10, 2014, 01:09:59 PM |
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Evaporative cooling is cost effective if you're in really dry climate. Or else you have a choice to pay quite a lot more to cool everything with refrigerated cooling ("AC"). You'd need to install a huge capacity system for that many miners.
The other option is to actively ventilate the rooms with very high flow of air from outside. You can calculate how much airflow (or air exchanges) will be needed if you know the heat output of all your miners, the heat capacity of air (google) and your typical outside temperatures.
Actually I realized something: If I put my miners by a window with their exhaust fans pointing out, the room does not get hotter than ambient and they act as nice little exhaust fans. Only heat in the room is from the Corsair power supplies. Likewise my water-cooled units are running with the radiators in the window, fans blowing out. Then a normal window fan is in the opposite side of the house blowing inward to pressurize the room and draw the coolest air from the north side of the house. This has solved my summer heat problems; no AC needed. |
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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June 11, 2014, 09:45:30 AM |
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Evaporative cooling is cost effective if you're in really dry climate. Or else you have a choice to pay quite a lot more to cool everything with refrigerated cooling ("AC"). You'd need to install a huge capacity system for that many miners.
The other option is to actively ventilate the rooms with very high flow of air from outside. You can calculate how much airflow (or air exchanges) will be needed if you know the heat output of all your miners, the heat capacity of air (google) and your typical outside temperatures.
Actually I realized something: If I put my miners by a window with their exhaust fans pointing out, the room does not get hotter than ambient and they act as nice little exhaust fans. Only heat in the room is from the Corsair power supplies. Likewise my water-cooled units are running with the radiators in the window, fans blowing out. Then a normal window fan is in the opposite side of the house blowing inward to pressurize the room and draw the coolest air from the north side of the house. This has solved my summer heat problems; no AC needed. yeah gonna try that in my bsmt in upper midwest usa .so ...Aug 1/2 Sept may be an issue....may lose a bit in eff on the miner due to heat those months..but will likely make it up with a/c costs of NONE later (ie heat for the house also a bit of a $$$ saver) at least till Dec when the wheels fall off on the btc miner at that point ie unplug as diff is too high worse case will make small room/closet put miner on high shelf under bsmt window toss small a/c unit in window blows over miner and do your fan at other end of the bsmt to keep air flow thru the bsmt or i could just say the heck with it and sell the beast for the btc it prob would make on ebay heh (ebay bitcoin miner buyers are crazy) good to have options Searing |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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ChuckBuck
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June 11, 2014, 02:20:25 PM |
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couldn't find the "Picture of your mining farm" thread so i guess this will do. phase 1 What is that, 100 TH/s ? Very nice, dude! |
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247crypto
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June 11, 2014, 05:13:02 PM |
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cryptoceelo
Nice.
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klondike_bar
Legendary
Offline
Activity: 2128
Merit: 1005
ASIC Wannabe
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June 11, 2014, 11:18:51 PM |
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couldn't find the "Picture of your mining farm" thread so i guess this will do. phase 1 What is that, 100 TH/s ? Very nice, dude! Its funny to look at that then go to the activemining thread where they promised 170TH but cant seem to pass 100TH because of cooling and power issues. All while using hardware they produced/sell and is 20% more efficient than the dragons http://eligius.st/~wizkid057/newstats/userstats.php/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCathat dragon farm looks sweet, and is truly the new ASIC porn |
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valkir
Legendary
Offline
Activity: 1484
Merit: 1004
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June 12, 2014, 02:38:06 AM |
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80 TH/s!
Wow this eligius page is fap nation! |
██ Please support sidehack with his new miner project Send to :
1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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one4many
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June 12, 2014, 04:26:17 AM |
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Was but the room turned into a furriness hitting 47Degrees, the A/C units are shit anyone any recommendations on cooling that doesnt involve proper DC grade heat extraction and recovery?
This is what I thought when I saw the pictures. I was laughing very hard when I saw the mining gear and the two little air cons on the wall.  I pretty much had the same experience in 2011 with the company which outfitted our new offices and therefore the server room (5 racks only, with normal computing gear ... no miners). I told them, when I looked at it (almost the same units you have), that this is not going to work. 3 kW cooling compared to 12 kW power consumption for computation. It took them 2 iterations (!!!) to believe me, upgrading twice, then replacing it entirely with 20 kW cooling systems. They could have had this done at a fraction of the price they paid in the end, if they would have asked someone who has a clue (not me, I'm not an expert in cooling, but I know when something is hugely undersize/estimated). So my advice to you is: Do not toy around with stupid cheap ideas! Get an expert opinion and just spend the money once and not 3 times with BS crap. You can reuse the small units you have in your house (at home), they are good to cool around 50 to 60 sqm where people work/live (but not computing gear, except the odd PC or laptop). Good luck! one4many |
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