vennali
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#SWGT CERTIK Audited
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February 07, 2015, 01:34:15 AM |
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I watched the video and thought he said they made 1.5 $m since they opened. Video was filmed in October 2014, and factory had beeen open a "couple of months"
Cost of operating is 80000$ monthly
looks like a massive fire hazard.
There have been a few that burned down. They should keep their fire safety in check otherwise..BOOM |
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Q7
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February 07, 2015, 01:36:43 AM |
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Looks impressive. Just wondering, if it's such a secretive operation, then why would they allow anyone in to their facility in the first place?
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mayax
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February 07, 2015, 02:50:49 AM
Last edit: February 07, 2015, 03:06:43 AM by mayax |
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I think there are only few BTC farms around. there is only 1 mil USD /day for all the BTC miners. it is almost impossible to make profit unless you have free electricity.  |
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LibertyRemains
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February 07, 2015, 08:43:19 AM |
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Very nice operation they have going there...
One could only hope they don't always dump on the market, and it would be wise of them to at least hold a decent percentage of that as Bitcoin.
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Agestorzrxx
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February 07, 2015, 12:15:18 PM |
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Anyone can join the miner.  |
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Bitcoinexp
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February 07, 2015, 12:56:07 PM |
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"Strangely, the mine’s workers actually live inside the facility itself, returning home just four or five days a month. In the summer months, temperatures inside are in excess of 100 degrees, and a persistent, deafening buzz is always present due to the dozens of industrial fans required to maintain a steady temperature for the site’s 3,000 ASIC miners—custom-built computers specifically built for mining bitcoins. " How can they even survive?  Do they have like special sound-proof living quarters? I can't even stand one miner running, the constant humming drives me nuts... I guess it's no big deal, if they are making ~900,000USD at current rates. |
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unamis76
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Activity: 1512
Merit: 1009
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February 07, 2015, 02:20:43 PM |
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I watched the video and thought he said they made 1.5 $m since they opened. Video was filmed in October 2014, and factory had beeen open a "couple of months"
Cost of operating is 80000$ monthly
looks like a massive fire hazard.
These farms seem to be well maintained, and don't forget they have people there 24/7. In case anything goes wrong, it can be quickly controlled. I think smaller home miners have as much fire hazard as this farm |
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thejaytiesto
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February 07, 2015, 03:39:14 PM |
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Yeah I saw this documentary last night. Totally scary and eerie the vibe i got from that building, that noise is really mesmerizing.
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redsn0w
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#Free market
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February 07, 2015, 03:40:53 PM |
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Yeah I saw this documentary last night. Totally scary and eerie the vibe i got from that building, that noise is really mesmerizing.
I'm thinking : how someone can sleep in that building? It is crazy  ... I can't. |
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ranochigo
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February 07, 2015, 03:46:31 PM |
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The amount of miners in just one facility is already huge, let alone 6. I wonder how would they keep up with the maintenance of so much devices. And the heat generated would be huge with the increasing difficulty and dipping prices, the chances of profit are lower now.
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OrientA
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February 07, 2015, 03:57:59 PM |
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Yeah I saw this documentary last night. Totally scary and eerie the vibe i got from that building, that noise is really mesmerizing.
I'm thinking : how someone can sleep in that building? It is crazy ... I can't. The living and mining area are separated. |
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mayax
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Activity: 1456
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February 07, 2015, 07:45:56 PM |
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The amount of miners in just one facility is already huge, let alone 6. I wonder how would they keep up with the maintenance of so much devices. And the heat generated would be huge with the increasing difficulty and dipping prices, the chances of profit are lower now.
the profit is almost zero IF you have to pay the electricity. Do not forget that they have to buy NEW hardware every year. |
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unamis76
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Activity: 1512
Merit: 1009
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February 07, 2015, 07:49:45 PM |
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For folks saying their profit is lowering/no profit... For me, they seem to be doing good, they would have already shutdown if they weren't having HUGE profits As for maintenance... Well, 24/7 maintenance, what's better than that?!  |
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1Referee
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February 07, 2015, 08:01:24 PM |
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Is it Discus Fish anyway ? I don't think so as they state in the video that their computing power is good for 3 percent of the network. DiscusFish aka F2Pool has a far higher percentage of the network. |
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mayax
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February 07, 2015, 08:04:30 PM |
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For folks saying their profit is lowering/no profit... For me, they seem to be doing good, they would have already shutdown if they weren't having HUGE profits As for maintenance... Well, 24/7 maintenance, what's better than that?! that movie is from August 2014 when the price was around of 450 |
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elephantas1
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February 07, 2015, 08:09:52 PM |
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For folks saying their profit is lowering/no profit... For me, they seem to be doing good, they would have already shutdown if they weren't having HUGE profits As for maintenance... Well, 24/7 maintenance, what's better than that?! that movie is from August 2014 when the price was around of 450 what movie, what are you talking about? am i missing something, because the article is posted on this year |
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unamis76
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February 07, 2015, 08:11:40 PM |
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For folks saying their profit is lowering/no profit... For me, they seem to be doing good, they would have already shutdown if they weren't having HUGE profits As for maintenance... Well, 24/7 maintenance, what's better than that?! that movie is from August 2014 when the price was around of 450 Yes, but would it be published if they were closed? I find that odd... |
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mayax
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Activity: 1456
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February 07, 2015, 08:21:18 PM |
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For folks saying their profit is lowering/no profit... For me, they seem to be doing good, they would have already shutdown if they weren't having HUGE profits As for maintenance... Well, 24/7 maintenance, what's better than that?! that movie is from August 2014 when the price was around of 450 Yes, but would it be published if they were closed? I find that odd... they didn't close yet. I am not sure how they are paying all the bills with the actual BTC price |
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unamis76
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Activity: 1512
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February 07, 2015, 09:41:08 PM |
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For folks saying their profit is lowering/no profit... For me, they seem to be doing good, they would have already shutdown if they weren't having HUGE profits As for maintenance... Well, 24/7 maintenance, what's better than that?! that movie is from August 2014 when the price was around of 450 Yes, but would it be published if they were closed? I find that odd... they didn't close yet. I am not sure how they are paying all the bills with the actual BTC price Exactly. They didn't close it. Yet So they're still in profit. |
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neurotypical
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February 07, 2015, 10:08:55 PM |
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This is so cinematic. I would love to see a full movie that happens in a bitcoin mine like that.
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