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Showing 6 of 6 results by Shitcoinah
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Board Mining support
Topic OP
What PDU for my mini farm
by
Shitcoinah
on 17/02/2021, 21:16:03 UTC
Hello I was wondering what type of PDU style would be compatible for the Avalon miner 1246 and how would I go about finding that information for other Miners, tried looking at the manufacturer websites but it doesn’t say anything unless I missed it. I understand the voltage power needs just not the plug type from PDU to PSU.
Thanks in advance
Post
Topic
Board Mining (Altcoins)
Re: UK beginner
by
Shitcoinah
on 03/02/2021, 20:07:05 UTC
Sorry typo meant to type 0.01 gbp/kWh was a bit baked. 
So yah think it’s ok to buy used miners? Should I ask any specific questions to the vendors so I determine if I should buy them or niet?

That is more like it. Unfortunately, you've probably picked the absolute worst time to start. There's a shortage of new gear, and with the rise in price and not much new gear coming online the profitability has gone up a lot and looks like it will stay that way until the miner manufacturers start delivering more or the price goes down. Eventually, the manufactures will manage to get some fab capacity and will dump as many miners as they possibly can, which will reset profitability again.

But right now, people see the price going up, and profitability really high, and are paying prices for gear based on thinking the price is going to go even higher.

With your power cost you could be profitable with an S9 even if the difficulty doubled. And even though the price of used S9s have nearly 10Xed in the last 6 months, (I think they are up to  $250 per miner with psu), you'd be able to make back your investment in 3 months if conditions remain the same.

So I'd look at S9s or Avalon miners in the 60 to 80 W/TH range. Maybe Canaan Avalon 1066 would work, those you can still buy new, and they have a reputation for being higher quality. With power that cheap I don't think it makes sense to pay a premium for super-efficient gear.


Thanks man Avalon it is, I’ve seen a lot of people use those.
Thanks for saving me money mate appreciate it  Smiley
Post
Topic
Board Mining (Altcoins)
Re: UK beginner
by
Shitcoinah
on 03/02/2021, 19:40:44 UTC
I am mining here in the UK Smiley I have 4 x small farms, running just under 10PH total now.

I don't use PDU's. I have 1 x 20A breaker for EACH miner, with 2 x iec C14 power cables wired directly into each breaker.

I use these extension cables and cut off the male end:

https://cpc.farnell.com/unbranded/p-c14c13red5/iec-c14-m-iec-c13-f-red-5m/dp/PL15165?CMP=i-ddd7-00001003

You can see some photos and details of one of my UK farms here:

https://bitcointalk.org/index.php?topic=5263722.0

Happy to answer any questions if you PM me. I would say at £0.10 kw/h you'll struggle to profit though :/

Appreciate it bro and will do.  :DIt was typo mate it’s 0.01kwh
Post
Topic
Board Mining (Altcoins)
Re: UK beginner
by
Shitcoinah
on 03/02/2021, 15:14:05 UTC
Ok, that is not extremely cheap. These days you are competing against industrial miners that are paying closer to 0.02 GPB/kwh. They are the ones buying the most equipment, so they drive the miner prices based on their profitability.

First step is to just use an online profitability calculator (like this) to see what the #s look like for any given miner, and how long it will take to break even.

For info on altcoins, head over to the altcoin section... https://bitcointalk.org/index.php?board=160.0

Sorry typo meant to type 0.01 gbp/kWh was a bit baked. 
So yah think it’s ok to buy used miners? Should I ask any specific questions to the vendors so I determine if I should buy them or niet?
Post
Topic
Board Mining support
Re: UK beginner
by
Shitcoinah
on 02/02/2021, 18:19:39 UTC
First of all thanks for taking the time to educate my peasant ass, and It’s 0.1GBP/kWh

Would you advice against purchasing second hand miners from Alibaba?
Also what is your opinion on ETH mining compared to BTC mining in terms of short term/long term profitability.
I read somewhere the ETH proof of work model will change to proof of stake on the blockchain thus not requiring mining power for transactions? I could be wrong in understanding sorry.
And thank you for explaining to me the right and cheap way to setup my electric.
Post
Topic
Board Mining support
Topic OP
UK beginner
by
Shitcoinah
on 02/02/2021, 05:55:50 UTC
Hello I have recently decided to try out btc mining since my electric bill is extremely cheap and a good friend of mine is also an electrician soo. stonks.  Cool
Anyways I want to start a mini farm with 10 miners: Antminer S19 pro.
The thing is I’m not sure what PDU to purchase and what power cables would be suitable to run to the miner power supply. Also I read that I need to install an L630P type 30a wall socket to connect to the PDU.
Feel free to throw any and all advice that you can my way. Tanks in advance