Re: ANTMINER S3 Discussion and Support Thread.

Wish I could buy one of these but as a poor university student I definitely can't. My tuition of $4,800 could definitely buy some mining power.. Lol

If you live in a dorm with "FREE" electricity, you might be able to work a deal with someone. You host their miners and you get a cut of the earnings. Grin

When my son goes back to school in August, I'm sending him my S1's to run for me in his dorm room.

Stealing from our universities! Brilliant. That is an excellent lesson to teach your kids.

You know those universities and all of society still have to pay for that electricity and that consumption takes away from other areas the university could use the funds? That electricity does not just come free out of thin air. It really has to be paid for. Just because it is hard to account for this consumption doesn't mean it is somehow 'free'.

Is burdening our universities with this extra expense really worth the few pennies in bitcoin you will receive? The one part of society that can least afford loss of resources is our educational system.

What a dick.

I invite the entire bitcoin hashing community to call out this bad and criminal behavior of using other people's 'free' electricity. This is mere theft of a profoundly irresponsible nature. Please stop stealing electricity for hashing.

I don't see it that way. I see it as part of the risk if you offer paid utilities to someone. The rental agreement should include provisions to restrict or prohibit mining if the "landlord" doesn't want to pay for mining (or grow lamps, for that matter) as part of the electric.

I just recall my dormroom 20 years ago and I (and a roommate) could never have put up with the noise and heat from an S1 for more than 5 minutes.

s-1's are very quiet if they are undervolted via pencil mods and down clocked to freq 275 hash at 140gh with 180 watts.

I ran 3 at 420 gh and 560 watts for 2 months. in a friends office. He has reduced power rates as per his lease agreement. 84 percent of 15 cents a kwatt drops him to 2.4 cents a kwatt.

Supposedly colleges all across the US are cracking down on this and prohibiting miners in the dorms this coming Fall semester. Some did so this past Spring and current Summer sessions. I recently picked up some S1s and PSUs from students returning to college because they could not have them there in the dorms.

Exactly. If I was a landlord offering flat rent including utilities with no restrictions and a miner moved in, there's nothing I can do and it's perfectly legal and OK for them to use all the juice they can. I offered the electric and they accepted my terms and condition.

That's why smart landlords must be sure to restrict or prohibit mining. If you're violating a contract that is theft. If you're using electricity promised to you as part of your rental agreement, it is not theft.

Edited to add: I suppose a provision in the rental agreement about commercial use of the space could also be a violation to make it illegal.