[Cialug] BTC Mining

Dan Hockey icepuck2k at gmail.com
Mon May 18 22:09:19 UTC 2020


I have 1 nvidia and 1 antminer s3 left. I have a weemo controlling a
transfer switch so  I can switch to solar if/when the sun is shinning. I've
been looking at some alt coins but haven't found anything better.

On Mon, May 18, 2020 at 1:34 AM Jeffrey Ollie <jeff at ocjtech.us> wrote:

> Don't forget about the increased heat load in your house. My basement is
> noticeably warmer than it should be from all of my servers and I'm sure it
> affects the rest of the house as well. That isn't too bad in the winter but
> the A/C season is coming up.
>
> I think that home crypto mining has been a losing game for a long time.
> Only those that can afford to go big and locate in low energy cost areas
> make money these days.
>
> https://www.youtube.com/watch?v=CqLlShUUaqg
>
> On Sun, May 17, 2020 at 5:33 PM Dave Hala <dave at 58ghz.net> wrote:
>
> > No, but I looked at it about a year ago using antminer and I couldn't
> make
> > it work without incurring an overall loss.   I'm in a little different
> > position now. I'm making about 8kw per hour (during peak sun) of
> > electricity from solar, but if I included the upfront solar cost, I'd
> still
> > come out at a loss.
> >
> > If I could get my electricity cheaper, I'd give it a shot, but it doesn't
> > really seem like it's worth the effort unless you have a total capability
> > of least 250TH/s and that's roughly 10kw/h worth the juice.   That's not
> > insignificant.   I'd need roughly 30kw/h of solar capacity to power 5
> > 50TH/s antminer's 24x7.   Maybe I could run them 6hrs a day with a 10kw
> > capacity, but then I'd be feeding the antminers instead of the house and
> > the office..... The math is disappointing on a small scale.
> >
> > You can buy a decent used solar pv setup fairly cheap and you might able
> to
> > make some fast money, but you'd need to buy the latest antminer's upfront
> > as soon as you had your solar array in place. You'd need to mine as much
> as
> > possible in the first three months... It's a big outlay and a lot of
> risk.
> >
> > :) Dave
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> > On Sun, May 17, 2020 at 4:20 PM Dave Weis <djweis at sjdjweis.com> wrote:
> >
> > > Is anyone on the list commercially mining BTC? Are you using GPU's or
> > > Antminer/similar boxes?
> > >
> > > dave
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> >
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> Jeff Ollie
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