Quote:
Originally Posted by NEW XTC
I have a 3 year lease on a large building with more than 200 AMPs in LA.
I don't pay electric and neither my landlord nor the electric company can even see how much power I pull. (meter is all mixed up with other tenants)
Anyone ready to get in the mining game and has real funds for hardware just post your email.
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couple questions:
What coin are you thinking of mining?
Heat... how will you deal with it?
What kind of setup/rigs are you looking at?
At 200 AMPS you will need to remember to a lot some of that for lights and anything else that will be running at the location. Also things are going to get a little warm so extra AC will be needed.
(I've had 120 Encoding rigs in a 1000 foot office space years back and the staff were in shots in the Canadian winter..)
So make that 200AMPS and call it 120 - 150 once you factor in normal office use.
A couple AC units will just call that 20 AMPS
So say 100-130 AMPS for Mining
High end rigs pulling 2TH will eat 5-8AMPS each
So we are talking what 15-20 Miners max at that location (or less depending on what else is going on at that location.
Each miner will run say $6k to build to hit 2TH/s
6 * 15 miners = $90k
With an output of 30TH/s
If the difficulty rate didn't drop... :
You would be looking at say $8k in coin each month so say 12 months to hit profit line.
after 3 years you are looking at say $120-140k in profit..
That's if nothing bad happens over the next 3 years. *or anything great happens...*