Post
Topic
Board Mining
Re: What's after 3TH machines. What's the timeframe?
by
smoothrunnings
on 11/01/2014, 12:32:48 UTC
You still can't power 2500W on a standard home circuit in the USA.  Most homes have 110v wiring, at 15A or 20A.  That puts a reasonable max of 1500W per circuit, and even that's pushing it pretty hard for a lot of homes.  You basically require 240v for a 2500W system.  Many people in the US don't have access to that, or only have that wired for the laundry room and kitchen.

If someone can afford to drop >$10K+ on hardware, they can drop $200-$500 to drop a new power outlet in and have it wired professionally, or co-locate their equipment.

Really and what if the people who dropped $10k on a miner used bitcoins and not actual fiat money? I personally will never convert bitcoin to fiat as it's too risky, the exchanges don't seem to care enough to stick handle the hand off between the seller and buyers.