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Showing 20 of 31 results by pgrach
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Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 17/04/2025, 22:21:39 UTC
updated the LLM base model for the chatbot to llama-4.
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Topic
Board Mining
Re: Hosted Miners: ever considered claiming compensation from your hosting provider?
by
pgrach
on 06/02/2025, 12:10:58 UTC
oneminer is scam

Hello!

As a happy customer of oneminers hosting, I can share my experience with their hosting services for ASIC miners.

I’ve been hosting with them for a while now, and their uptime has been excellent so far. They maintain transparent communication and proactive maintenance, which minimizes any unexpected issues. On the rare occasion of a disruption (e.g., due to external factors like power grid issues), they were quick to address it and kept me informed throughout.

Fortunately, I’ve never faced significant losses requiring compensation. However, their policies are clear, and they seem fair about resolving issues responsibly.

I haven't needed to pursue claims because any minor concerns were handled efficiently by their support team before it escalated. They have a professional approach and prioritize customer satisfaction, so there’s rarely a need to go down the compensation route.

In general, hosting with a reliable provider significantly reduces the headaches associated with downtime or disputes. It’s all about choosing a trustworthy partner.

Hope this helps, and good luck in finding the insights you’re looking for!
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Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 12/01/2025, 22:42:50 UTC
Got a bit distracted by a few things.
Here built a UK wind energy curtailment converter into Bitcoin:
CurtailCoin.com
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Topic
Board Mining speculation
Re: Could Wind Curtailment Be the Next Big Opportunity for Bitcoin Mining?
by
pgrach
on 07/01/2025, 09:41:20 UTC
Right, I still need to read up on how exactly they arranged it in the US. But I though mining in ERCOT zone was more tuned to peak demand, i.e. miners are connected to the grid just like any other consumer but they have that special arrangement to ramp down responding to the signal when grid is overloaded => so they switch off less frequently (mining uptime higher).

The model I am speculating about is more rigidly bound to the intermittency profile of each local wind farm: up to the point that a mining container is not even connected to the grid - but to the farm directly => mining uptime is smaller (depending on how often the given farm is curtailed).

That is why I placed this post in "speculation" subtopic Smiley   
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Board Mining speculation
Topic OP
Could Wind Curtailment Be the Next Big Opportunity for Bitcoin Mining?
by
pgrach
on 06/01/2025, 07:38:18 UTC
Hey everyone,

These holidays I’ve been working on a tool https://curtailcoin.com/, which tracks wind curtailment across Great Britain. For those unfamiliar, curtailment happens when wind farms produce more energy than the grid can handle or/and there is no demand. What is even more crazy here in the UK is that consumers pay wind farms for that wasted energy!

This got me make this conversion of curtailment into Bitcoin.

Here’s an example from today:

  • Wind farms in Scotland are idle due to low wind speeds.
  • In England, wind farms are close to 100% output, making up 58% of grid power.
  • Gas generation was dialed back, and there’s no curtailment today because the grid wasn’t congested.

But most of the days with excess wind in Scotland, the curtailment numbers are huge. Bitcoin mining could soak up surplus electricity, support grid stability, and even help renewable projects generate extra revenue.

My questions to the community:

Do you think miners could work more closely with renewable energy providers / generators?
What would it take to make wind-curtailed energy accessible for mining operations?
How to fix incentives for wind generators to motivate them to look at BTC as thier curtailment solution?
Are there existing examples where this is already being done?
I know the idea is not new, I’m still early in exploring it and would love to hear your thoughts, experiences, or critiques. If you’re curious, you can check out the tool here: curtailcoin.com.

Looking forward to the discussion.
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Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 06/12/2024, 09:39:41 UTC
Fixed live data streaming.
Working on "Optimal mix" trading strategy, and finally need to add % for a mining pool cost.
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Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 21/11/2024, 23:07:30 UTC
For me, an ideal calculator for miners should be:

Comprehensive: Accept detailed input parameters like hash rate, power consumption, electricity costs, and mining fees.
Accurate: Use real-time data for cryptocurrency prices, network difficulty, and rewards.
Versatile: Support multiple cryptocurrencies and mining algorithms.
Insightful: Provide profitability metrics (daily, monthly, annual earnings) and ROI analysis.
User-Friendly: Feature an intuitive interface for all experience levels.
Educational: Include guides to explain profitability factors and assumptions.
Hardware-Aware: Offer mining hardware comparisons for better decision-making.

These features ensure clear, tailored, and practical insights into mining profitability.

Thanks for the great list! I agree with most of the points, and especially the mark on "Accurate" that we already hit. Our calculator uses daily closing Bitcoin data, updated every day. As we move further into the trading side of things, the pricing data will become even more granular.
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Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 21/11/2024, 13:08:11 UTC
🚀 Just shipped the LLM feature: "AI-powered mining advisor"!
We've integrated llama3-70b-8192 model to generate mining insights and recommendations based on the calculator numbers.
While still testing and fine-tuning, I wanted to share this here first.

The AI helper:
- Analyses your mining setup (hardware specs, costs, etc.)
- Reviews historical performance data
- Provides personalized advice on optimizing operations
- Helps interpret metrics
- Suggests strategy adjustments

This is a first step toward making sophisticated mining analysis more accessible to everyone.

Would love your feedback as we refine the model and expand its capabilities.
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Board Mining
Merits 1 from 1 user
Topic OP
Hosted Miners: ever considered claiming compensation from your hosting provider?
by
pgrach
on 18/11/2024, 10:46:07 UTC
⭐ Merited by ABCbits (1)
I'm trying to understand experiences with hosting facilities and compensation disputes.

If you've ever used hosting services for your miners, I'd love to hear:

- Have you ever faced significant downtime or unexpected issues?
- Did you try to claim compensation for losses?
- What was the outcome if you pursued it?
- Experienced issues, but decided not to pursue claims, why?

Not interested in scams/frauds/cloud, or naming and shaming here - just trying to understand how common these situations are and how they're typically handled.

Thanks for sharing your experiences!
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Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 23/10/2024, 09:06:49 UTC
https://ibb.co/CVcPN7s

Shipped improved financial metrics:
- Clear cost structure breakdown (TCO split into Electricity vs Hardware costs)
- Key profitability and operational metrics for selected selling strategy
- Note: Avg. BTC Production Cost stays constant across strategies as it depends on formula: costs fixed in $ / mining volume (which is BTC)
Post
Topic
Board Mining
Re: Discovering Kyrgyzstan
by
pgrach
on 15/10/2024, 08:21:28 UTC
I love KGZ! However, from my trips and business there, I’ve learned that the electricity supply is unstable. The entire system, dating back to Soviet times, needs an upgrade. Maybe your location is different. I really hope things go well with your mining! thanks for posting here!

Yeah, it is really unstable, the farm has been off for a week now, something on the main hydro plant could not withstand the load, so no mining, hehe

ah i see, sad... this energy situation is a drag for the whole economy. the least funny part about mining there is voltage spikes in the system that requires expensive SPDs or accepting miners high failure rate Undecided
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Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 14/10/2024, 22:07:57 UTC
I also know the experience of small miners with several megawatts of capacity. Not all ASICs are mining 24/7—some are under testing, repair, or running at low parameters due to defects. The situation changes daily, with new data centers opening. That's why I don't understand how you’ll create a perfect calculator when even powerful computing centers can't perfectly predict the weather.

Mining can seem complex, I get it... but I would not overcomplicate the task. Honestly, a restaurant's economics with so many human variables is more complex than mining. The btc mining farms industry isn't about reaching data center perfection standard — it’s about practical solutions. With AI models eating the grid we have to automate, reducing the total cost of ownership to minimum. Anyway, here at this beta stage I am focusing  on some basic principles and building what users tell me to add, so it keeps improving. Will see. It's easy to overthink the challenges.
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Topic
Board Mining
Re: Discovering Kyrgyzstan
by
pgrach
on 14/10/2024, 21:51:09 UTC
I love KGZ! However, from my trips and business there, I’ve learned that the electricity supply is unstable. The entire system, dating back to Soviet times, needs an upgrade. Maybe your location is different. I really hope things go well with your mining! thanks for posting here!
Post
Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 11/10/2024, 09:31:06 UTC

I don't understand what the calculator has to offer the big miners.  Usually big miners have the most accurate profit data, and their data takes into account equipment breakdowns, power outages, and all other nuances that no calculator uses yet.
[/quote]

You're right that a few large operations managed to install monitoring system (at least they got that right finally). The calculator, even at this beta stage, can be useful in specific cases like calculating downtime/opportunity loss/missed. And I already talked to some users who used it to get precise, verifiable numbers in such a case.

Also not just mining farms—it’s a profitability estimator for cases like opportunity loss from curtailed wind energy for example: in 2023, Northern Ireland had to curtail 539 GWh of wind energy. To put that into perspective you can translate it using the calculator into 60MW of unutilised capacity or 534 BTC mined on s9... on that point have an idea to have a real-time conversion of curtailment data (if i find a grid which is streaming such data)
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Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 09/10/2024, 23:15:08 UTC
Shipped Models Details to allow users to look through specs of models in a separate dialog window: th/s, Watt, Efficiency, release date and select the model.
Post
Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 09/10/2024, 23:11:19 UTC
By "add a lot of models," do you mean more ASIC types? We already cover all SHA-256 units, including 11 different S9 variants. Expanding into other algorithms isn’t on the radar yet.

Or do you mean allowing users to select multiple models (not just one) for aggregated analysis? That’s something we’re considering as a paid feature.

Competition isn’t our focus right now. Our tool is backward-looking, using exact historical data, while others focus on snapshots or projections—different use cases.

Your idea to sort miners by BTC revenue for a selected period (instead of alphabetically) is definitely achievable - thinking of the best way to implement that.

I have already written to you how I see the ideal calculator, but you can also ask other miners and be sure to ask philipma1957.

Why should miners pay for something they can get for free?
https://www.hashrate.no/asics

Asics for Bitcoin are mainly bought by industrial miners. And for home use, they usually buy ASICs for altcoins.
If you do not want to add these ASICs, you will lose a lot of traffic.

Industrial miners mainly use their real data and not calculators.

In my opinion, such sites should earn money from affiliate programs and advertising, there will be very few clients for paid services.

Thanks, I'll reach out to philipma1957. From all the calculators I've seen, BRAIINS is the only one that offers a 'historical mode,' but I question their math, and there's no way to verify their methodology (I contacted them through their feedback form but never received a response).

The end goal is to target larger miners. I just don’t have the bandwidth for altcoins for now, unless someone is interested in contributing with alt support. I appreciate your feedback regardless. Real data is coming soon—hopefully
Post
Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 03/10/2024, 20:01:13 UTC
By "add a lot of models," do you mean more ASIC types? We already cover all SHA-256 units, including 11 different S9 variants. Expanding into other algorithms isn’t on the radar yet.

Or do you mean allowing users to select multiple models (not just one) for aggregated analysis? That’s something we’re considering as a paid feature.

Competition isn’t our focus right now. Our tool is backward-looking, using exact historical data, while others focus on snapshots or projections—different use cases.

Your idea to sort miners by BTC revenue for a selected period (instead of alphabetically) is definitely achievable - thinking of the best way to implement that.
Post
Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 03/10/2024, 10:32:02 UTC
If you make this service for yourself and share it with other users, that's fine. But if you want to compete with other services, you need to add more models. Miners are very lazy, they don't like complex solutions.

I've added your calculator to the list
https://bitcointalk.org/index.php?topic=5481629.msg63501742#msg63501742

thanks for adding the tool to the list!
Following your advise, for lazy miners I have just added all 149 models SHA-256 (sourced from here: https://www.asicminervalue.com/) - I will optimise the code to make fetching faster.
I really appreciate your input!
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Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: Debunking the "Bitcoin is an environmental disaster" argument
by
pgrach
on 02/10/2024, 10:04:46 UTC
⭐ Merited by vapourminer (2) ,JayJuanGee (1)
Anyone could point me at the data on renewable energy curtailment from any location/specific grid? Ideally, I'd want daily, if not real-time, information on how much renewable power is being curtailed, along with the specific generation locations affected.

THe end-goal is to make a real-life case for estimating "missed" opportunity in Bitcoin terms.

For example, in 2023 Northern Ireland had to curtail 539 GWh of wind energy (1), which is 18.6% of the total wind energy generated there. Id like to put that into perspective, it’s 60 MW of capacity (2). A rough theoretical estimation shows this missed energy could have been converted into over 500 BTC (3)!

Notes:
(1) https://www.soni.ltd.uk/how-the-grid-works/renewables/Annual-Renewable-Constraint-and-Curtailment-Report-2023-V1.0.pdf
(2) 539 / 8760 hours = 61.5 MW
(3) Take old s9 model (1.323kW)... 61500 kW / 1.323kW = 46485 units (we ofc have to add capex/opex data). Also the curtailment is distributed over time and space.

Here is the rough theoretical estimation:
https://aidala.uk/dashboard?hash=U2FsdGVkX18ocOrsw94OY9bADR7p8%2BKDa15esOX26k8VtXKWl36q1i%2B%2F7gtbb%2FYOxnMYO7ItaBLYsmeRSys1BTJ%2FzVRFpbWQiVbSvVFIUp3UBSj2wmZc79hVDXwhyG7ajWQtKYspkPK2DETms34d9J8CH1G0MWJdwxOB7OXucLfvKkaE68WzMck2uRpdTbB57KO00sY%2B8PWfNdu3ceLZShX%2B7DpSyHBoRxL5PUmUtV8%3D
Post
Topic
Board Mining
Re: New Historical Profitability Calculator for Bitcoin Miners
by
pgrach
on 02/10/2024, 09:17:40 UTC
🚀 Another two features rolled out for setting section:
a) dynamically filters ASIC models based on their release date! 🎉
b) OTHER model type

Now, when you set your Start Date, only ASICs released before or on that date will appear. This keeps the calculator realistic by showing only available hardware. "OTHER" option, so you can set any hash rate and wattage you prefer.

Try it out!