AGD (OP)
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Keeper of the Private Key
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September 05, 2014, 06:24:46 AM |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Ayers
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Activity: 2618
Merit: 1023
Seabet.io | Crypto-Casino
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September 05, 2014, 03:19:40 PM |
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what if someone destroy that place? how can they secure it?
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guitarplinker
Legendary
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Activity: 1694
Merit: 1024
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September 05, 2014, 04:06:40 PM |
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what if someone destroy that place? how can they secure it?
They don't publicly give out the location of the warehouse housing the miners. That makes it more secure for them, because then the owners (and the article author) are the only people who know the location of it, and what goes on inside.
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DrG
Legendary
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Activity: 2086
Merit: 1035
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September 05, 2014, 09:43:49 PM |
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what if someone destroy that place? how can they secure it?
They have at least one bed there. Pretty sure even if you found it you would be meeting the business end of an assault rifle.
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vortexz
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Activity: 1120
Merit: 1001
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September 05, 2014, 10:50:15 PM |
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burn that place down ! lower the difficulty by at least 15-20 % job's done !
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nwfella
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Activity: 1582
Merit: 1000
Well hello there!
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September 06, 2014, 06:24:25 AM |
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Good lord. I think I'm going to need to change my freaking shorts after taking a gander at all that deliciousness! Really starting to look like China isn't wanting to be left behind on the Enterprise-Scale mining operations and with as many chip foundries and chip designers as that country has I wouldn't be at all surprised if > 50% of all the hash on the bitcoin network isn't contained within China's borders within 20-24 months. (putting away tin-foil hat)
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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Vortex20000
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September 06, 2014, 01:26:28 PM |
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burn that place down ! lower the difficulty by at least 15-20 % job's done !
LOL.
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Ayers
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Activity: 2618
Merit: 1023
Seabet.io | Crypto-Casino
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September 06, 2014, 02:45:55 PM |
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what if someone destroy that place? how can they secure it?
They have at least one bed there. Pretty sure even if you found it you would be meeting the business end of an assault rifle. bouncer with assault rifle can be taken down easily, you just need some crazy asshole with a c4 there lol what if someone destroy that place? how can they secure it?
They don't publicly give out the location of the warehouse housing the miners. That makes it more secure for them, because then the owners (and the article author) are the only people who know the location of it, and what goes on inside. a place big like that shouldn't be too hard to find
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EvilPanda
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September 08, 2014, 12:15:09 AM |
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Imagine the noise in there, they are probably using ear protection.
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bigassboy
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September 08, 2014, 07:33:50 AM |
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Imagine the noise in there, they are probably using ear protection.
I wouldnt want to take a nap there
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Johanna
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September 08, 2014, 11:38:12 AM |
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Imagine the noise in there, they are probably using ear protection.
I wouldnt want to take a nap there Not if you have been awake for more then 24 hours and is so tired, you can even fell a sleep sitting..
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philipma1957
Legendary
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Activity: 4116
Merit: 7865
'The right to privacy matters'
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September 08, 2014, 12:32:03 PM |
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yeah and it is very likely the power cost is under 5 cents a kwatt. If you look there where a lot of bitmaintech boxes. so how about 1000 s-3's at 5 cents a kwatt? plus if bitmaintech built the place the gear was not .58btc a s-3 more like .2btc. Competition against that is not really possible for the little guy.
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DrG
Legendary
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Activity: 2086
Merit: 1035
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September 08, 2014, 06:34:41 PM |
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yeah and it is very likely the power cost is under 5 cents a kwatt. If you look there where a lot of bitmaintech boxes. so how about 1000 s-3's at 5 cents a kwatt? plus if bitmaintech built the place the gear was not .58btc a s-3 more like .2btc. Competition against that is not really possible for the little guy.
I think this is what new miners are failing to consider. They think the S3 costs 0.58 BTC or whatever number they have on their website. The true cost to male it is some fraction of that, so when manufacturers want to build their own farm they can always beat home users.
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philipma1957
Legendary
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Activity: 4116
Merit: 7865
'The right to privacy matters'
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September 08, 2014, 07:12:34 PM |
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yeah and it is very likely the power cost is under 5 cents a kwatt. If you look there where a lot of bitmaintech boxes. so how about 1000 s-3's at 5 cents a kwatt? plus if bitmaintech built the place the gear was not .58btc a s-3 more like .2btc. Competition against that is not really possible for the little guy.
I think this is what new miners are failing to consider. They think the S3 costs 0.58 BTC or whatever number they have on their website. The true cost to male it is some fraction of that, so when manufacturers want to build their own farm they can always beat home users. Yeah I am pretty sure my garage days of mining will be ending this spring. The heat i get will be helpful for the next 5-6 months. after thatI will just pack up the gear. and call it quits.
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cryptomad
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September 08, 2014, 08:24:41 PM |
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Pretty Immense Id love to set foot in a mining warehouse Someday...
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xstr8guy
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September 09, 2014, 12:23:27 AM |
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I just love how they couldn't be bothered to clean out the floor channels before putting in the wiring. Reminds me of new home builders that install carpeting without sweeping the floors first.
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crocko
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September 10, 2014, 08:18:11 AM |
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The heat, the noise, the power bill, the work (unpack & install new miners, monitors the others), all these worth ? I mean the price of Bitcoin is bouncing like a dead cat around the $450, IMO hard to believe that we will have another spike of $1000 this year..
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Find my posts helpful? Click my Trust link and rep me!
BTC: 1MqUxoDQE8Q88sDvoaLMbBJSMToSfPgKSy | | DOGE: D61Na9wjuneAn9GFLRNrHgWHHFwVfd1T7y | | LTC: 3Luo136zrqkCi53jT72FEY52GbwW1ZYi6X |
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homm88
Member
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Activity: 70
Merit: 10
BTC/Doge
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September 11, 2014, 09:06:42 AM |
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These are the best pics I have ever seen. The best part is that all the pics have a good rig and it also gives an idea how to build and what can be a best miner to be used. I usually search on internet about the pictures and other material so I can plan to buy it in future but here I got this good information today.
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wang_yan
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September 11, 2014, 09:09:54 AM |
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what if someone destroy that place? how can they secure it?
They have at least one bed there. Pretty sure even if you found it you would be meeting the business end of an assault rifle. It's China, there won't be any rifle.
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ChuckBuck
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September 12, 2014, 01:29:07 PM |
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There's no way I could sleep in a warehouse with all that noise, flickering lights, and industrial cooling.
Not least of all is breathing all that toxic air coming from miners, warehouse, power supplies. Definitely can't be healthy long term walking around that place 24/7.
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BitCoinPokerBro
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September 14, 2014, 04:08:52 AM |
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Isn't it annoying when someone starts a thread and doesn't say anything? Just a link for the description wow so awesome. Heck even a simple "hey I found this awesome blog post check it out" would be better than nothing at all! NO ONE LIKES YOUR SHITTY BLOG GET OVER IT
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Wexlike
Legendary
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Activity: 1473
Merit: 1086
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September 14, 2014, 12:50:33 PM |
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I really liked the pictures. The last one reminds me of the matrix.
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notbatman
Legendary
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Activity: 2212
Merit: 1038
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September 21, 2014, 12:27:15 AM |
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Your pre-order money at work.
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fewcoins
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September 21, 2014, 03:21:20 AM |
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Wow looks like my bedroom
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Niggle
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Activity: 66
Merit: 10
“Create Your Decentralized Life”
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September 21, 2014, 07:15:00 AM |
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I love how the bed is right next to the huge industrial fan!
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cryptomad
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September 21, 2014, 11:15:59 PM |
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Im not sure if ive seen a video on this befor..
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hiddensphinx
Legendary
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Activity: 1457
Merit: 1001
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September 23, 2014, 11:49:35 AM |
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must be at least 5 Petahash or more running there..could be one of the % unknowns at the pool distribution graph - https://blockchain.info/pools
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elgimpo
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September 23, 2014, 01:45:32 PM |
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Thats awesome, I want one
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mcgeal
Newbie
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Activity: 49
Merit: 0
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October 23, 2014, 08:29:27 AM |
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This is soooo coool....
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Johanna
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October 23, 2014, 10:12:48 AM |
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I love how the bed is right next to the huge industrial fan! Who ever sleep there is at risk of dieing when he wake up...
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kewmccool
Newbie
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Activity: 14
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October 23, 2014, 11:54:22 AM |
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A lot of fan and power supply.
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btckold24
Sr. Member
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Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
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October 24, 2014, 08:48:51 AM |
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on my last s2 miner then will be gone for good - been taking half my btc and putting in wallets and buying GH with hashlets cloud mining with the other half so I can help keep the network rolling.
Tough to make any moola with electricity bills and the price drops of btc. At this point I'd rather buy a btc then pay a $300-$400 pge bill
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Puppet
Legendary
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Activity: 980
Merit: 1040
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October 24, 2014, 10:55:49 AM |
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damn shame they cant seem to find a way to make use of the heat. How hard would it be put it next to some building that needs heating, or even a greenhouse or something that could grow stuff even in winter..
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radicus
Newbie
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Activity: 33
Merit: 0
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October 25, 2014, 02:08:26 AM |
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AHA! The real reason behind global warming! Damn Chinese!
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TheDragonSlayer
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October 30, 2014, 01:29:17 PM |
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AHA! The real reason behind global warming! Damn Chinese!
Agree, no wonder its getting hotter..
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Neotox
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Merit: 1000
Free & Fast Neotox Escrow http://bit.ly/1OGVykp
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October 30, 2014, 06:07:58 PM |
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they must have direct contract with electricity company and personal electricity supply line for their warehouse
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Available PM me to rent this space.
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kimosan
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November 04, 2014, 11:21:10 PM |
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Your pre-order money at work.
My exact thought.. not that I wouldn't mind running it myself. (aside from stealing borrowing people's money to fund it)
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timk225
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November 05, 2014, 02:18:29 PM |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!!
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darkangel11
Legendary
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Activity: 2352
Merit: 1345
Defend Bitcoin and its PoW: bitcoincleanup.com
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November 08, 2014, 03:06:30 PM |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! I feel the same. I wish I knew about it in 2013 before the pump, but it's like saying "I wish I could go back in time and change my life"
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BitcoinAddicts
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November 09, 2014, 05:47:54 AM |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! Not if they have dirt cheap electricity. Its still profitable for them...
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| ▄█ ▄██▌ ▄████ ▀▀▀█████▀ ▐███▀ ██▀ ▀ | . | ► | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀███████████████████████▀ ▀▀█████████████████▀▀ ▀▀▀███████▀▀▀ | | ► | ▄▄▄███████▄▄▄ ▄▄█▀▀███████████▀▀█▄▄ ▄████▄▄███████████▄▄████▄ ████████▀▀▄▄▄▄▄▄▄▀▀████████ ███████▀▄██████▀████▄▀███████ ███████▀▄█████▀ ▐█████▄▀███████ ██ ███ ████▀ ▀▀█████ ███ ██ ███████▄▀█████ ▄█████▀▄███████ ███████▄▀███▌▄██████▀▄███████ ████████▄▄▀▀▀▀▀▀▀▄▄████████ ▀████▀▀███████████▀▀████▀ ▀▀█▄▄███████████▄▄█▀▀ ▀▀▀███████▀▀▀ | | ► | ▄▀▀▀▀▀▀▀▀▀▀█████████ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█ ██████████████████████ ██████████▄▀▀▀▀▀▀▀▀▀ █ ▄▄▄████████████████████▄▄▄ ████████████████████████████ ██████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ ▀███████████▀ ▀███████████▀ ▀▀█████▀▀ ▀▀█████▀▀ | | . ..SPORTS │ CASINO │ ESPORTS.. | . | |
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VulgusMan
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November 12, 2014, 06:28:17 PM |
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...profittable ok... but I would not pay the electric bill
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klondike_bar
Legendary
Offline
Activity: 2128
Merit: 1005
ASIC Wannabe
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November 13, 2014, 11:35:12 PM |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! In 2-3 years from now you'll look back and say "why didnt i invest in mining equipment when the difficulty was so low and before the price hit $10,000?"
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Seketsuna
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November 14, 2014, 07:38:37 AM Last edit: November 14, 2014, 08:09:15 AM by Seketsuna |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! In 2-3 years from now you'll look back and say "why didnt i invest in mining equipment when the difficulty was so low and before the price hit $10,000?" another rocket guy here $10k LOL. its like you need the NY stock exchange to accept BTC in order to achieve that dream of yours.
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picolo
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November 14, 2014, 08:30:49 PM |
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what if someone destroy that place? how can they secure it?
They don't publicly give out the location of the warehouse housing the miners. That makes it more secure for them, because then the owners (and the article author) are the only people who know the location of it, and what goes on inside. Good article, they must have invested millions. A big farm would see an advantage by destroying other big farms so they better be careful.
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VulgusMan
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November 15, 2014, 11:24:38 AM Last edit: November 16, 2014, 03:44:57 PM by VulgusMan |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! In 2-3 years from now you'll look back and say "why didnt i invest in mining equipment when the difficulty was so low and before the price hit $10,000?" Ra ha ha ha... Good question seke! I really hope will be like you are saying soon ;-)
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klondike_bar
Legendary
Offline
Activity: 2128
Merit: 1005
ASIC Wannabe
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November 20, 2014, 06:58:41 PM |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! In 2-3 years from now you'll look back and say "why didnt i invest in mining equipment when the difficulty was so low and before the price hit $10,000?" another rocket guy here $10k LOL. its like you need the NY stock exchange to accept BTC in order to achieve that dream of yours. I'm not saying rocket, I'm saying that bitcoin is growing in acceptance and recognition. Its gone from a few cypher punks to early adoption phase. I'm not saying $10,000 will happen, but i think that in the next 3 years bitcoin will either be under $200 or over $10,000 depending if it actually continues to grow and gain utility
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picolo
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November 21, 2014, 01:59:05 PM |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! In 2-3 years from now you'll look back and say "why didnt i invest in mining equipment when the difficulty was so low and before the price hit $10,000?" another rocket guy here $10k LOL. its like you need the NY stock exchange to accept BTC in order to achieve that dream of yours. I'm not saying rocket, I'm saying that bitcoin is growing in acceptance and recognition. Its gone from a few cypher punks to early adoption phase. I'm not saying $10,000 will happen, but i think that in the next 3 years bitcoin will either be under $200 or over $10,000 depending if it actually continues to grow and gain utility Bitcoin keeps growing, people keep building around it but the price could be at 3000$ in 3years not less than 200 or more than 10k$
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timk225
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November 23, 2014, 02:58:23 PM |
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I have a new plan for acquiring bitcoins. I run a PC repair business, and I will be checking every single computer I get called to work on. I know where to look and what file to look for. If I ever find a bitcoin wallet, I hope it is not password protected......
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Keyara
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November 23, 2014, 03:32:49 PM |
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Is this farm making any profit? Inquiry mind likes to know.
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klondike_bar
Legendary
Offline
Activity: 2128
Merit: 1005
ASIC Wannabe
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November 24, 2014, 03:29:22 AM |
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Is this farm making any profit? Inquiry mind likes to know.
of course it is. Likely paying low power costs and difficulty increases have really stagnated along with the price - a god thing for mining.
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Arrogantx
Full Member
Offline
Activity: 166
Merit: 100
“What can’t kill Bitcoin, makes it (us) stronger.”
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November 24, 2014, 03:39:34 AM |
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fkn awesome lol. Love it. I'd live there
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“It will be everywhere, and the world will have to readjust. World governments will have to readjust.” 1KbCRTGQc7oma5NN4taw9ELVhp5PhB149r
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Medow
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November 24, 2014, 11:28:48 AM |
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We are always here that Chinese farms have a very cheap electricity, what do think they are paid for electricity per kw?
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philiveyjr
Legendary
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Activity: 840
Merit: 1000
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November 24, 2014, 09:27:50 PM |
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burn that place down ! lower the difficulty by at least 15-20 % job's done !
Hahaha.!! yeah hope that happens..!! Its become soooo effing tough to mine these days.!
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picolo
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November 25, 2014, 03:49:33 PM |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! In 2-3 years from now you'll look back and say "why didnt i invest in mining equipment when the difficulty was so low and before the price hit $10,000?" If you cannot ROI in BTC you are better off buying BTC and get a bigger fiat profit than if you mined.
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Seketsuna
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November 26, 2014, 01:56:50 AM |
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burn that place down ! lower the difficulty by at least 15-20 % job's done !
Hahaha.!! yeah hope that happens..!! Its become soooo effing tough to mine these days.! if that happens another farm will be built up again, so the cycle continues..
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cyberpinoy
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November 27, 2014, 03:48:20 AM |
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Wow they missed a whole lot of needed thihgs. Its amazing for a country that has firewalled Bitcoins farms like that exist, and now we see what is included in the bi-weekly drop in the value of bitcoins. The chinese have a one day millionaire mindset like the Filipinos. they did so many things wrong and so many things right bin this picture. I wish i had the resources like they do.
You guys do understand exactly what this is right. It is a manufacture mining farm. the manufactures of the miners own farms like this all over china, where the machines that you buy from them are "tested" when you make a purchase they pull the miner off the rack blow the dust out replace the fans with lower quality shitty fans and replace the PSu with a lower quality PSU and sell them to you.
Its sickening how they are destroying bitcoins value with thier ignorance and selfishness.
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caga
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November 30, 2014, 01:28:37 AM Last edit: November 30, 2014, 11:44:32 PM by caga |
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The Chinese people who paid for that farm are fools. The time for profitably mining bitcoin is so over with. 39 billion difficulty is insane. DAMN do I wish I knew in December 2008 what I know now about bitcoin and mining and the spikes and dips in its price over time and all that! I'd be a BILLIONAIRE now! Dammit dammit dammit!!!!! In 2-3 years from now you'll look back and say "why didnt i invest in mining equipment when the difficulty was so low and before the price hit $10,000?" You might say the opposite , if the price drops. Its hard to predict what will happen. Bitcoin has been like this eversince. Back in 2011, it went from 250$ back to around 65$, and then in 2013 went upto the 1000$ mark, so its always an unpredictable market.
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timk225
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November 30, 2014, 06:28:17 PM |
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I'd like to be more optimistic about Bitcoin prices, but with the history of the last year, it is hard to be. What will happen that could pop the price up? Litecoin has had a slow lumpkin dive all year as well.
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