Bad news, my farm in Clifton, NJ is over.

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hodler2019Legendary
Posts: 2182 · Reputation: 12913
#1May 25, 2018, 11:57 AM
So I've got around 20-25 S19s, that's like 60-70 kW. Then 6 M30s and M50s, estimating about 18 kW. Plus 2 L7s, which should be around 6 kW. And don't forget the 13 GPUs and 12 case rigs, that's about 26 kW. I've also got some older Avalons and Antminers, probably around 20 kW there. Overall, I’m looking at about 140 kW without a place to run them. On the bright side, I’m totally debt-free, everything’s paid off, and I’ve got some cash and crypto in hand. Trying to figure out my next move. Not really excited about finding a host or selling my equipment. I’m considering options, like checking out bitkern in PA, but they want me to buy units or need to host 100 units. Tesla's charging 10 cents a watt too. It’s been a good run, but I’m seriously bummed about this situation. If you have power and wanna host some of my units, hit me up in a PM.
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stack51Hero Member
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#2May 25, 2018, 02:49 PM
I am really sad to hear this, i know you have invested too much time and effort in that farm, alongside with buysolar, it sucks to stop mining, been there, i know it feels like shit. I would sell them if I could, wait for another chance to present itself, the longer you keep them the less they are worth in BTC, not an easy move I know -- but good things don't last forever. With that said, patience is key, I had a deal over for 30KW, was sitting there doing nothing for months, then a 1MW deal came my way, you just have to wait, but while you wait, try to get the best deal for the gears you have, you can always re-buy them cheaper when the time comes.
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hodler2019Legendary
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#3May 25, 2018, 03:20 PM
Thousands of hours of time. From Dec 2018 till yesterday. I need to clear my head and rest my soul bit.
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vault2019Member
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#4May 25, 2018, 06:56 PM
i bet you've a ton of experience from your operation there and im sure you can use it for the next one, best of luck!
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planktonSenior Member
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#5May 26, 2018, 12:25 AM
End of an era...  Congrats for you work on this over the years.  You certainly inspired a lot of people to mine and that's awesome.  Whatever you choose to do, just make sure you're holding onto some sweet sweet BTC.
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hodler2019Legendary
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#6May 28, 2018, 05:42 AM
Thank you
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lord_guruMember
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#7May 29, 2018, 08:03 PM
If you decide to sell pm me, Im open to using a reputable forum member for Escrow.
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#8May 30, 2018, 12:54 AM
what did you end up doing with your farm?
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hodler2019Legendary
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#9May 30, 2018, 05:18 AM
Sold off some of it. Holding some of it hoping for coins to take off and then I will sell more of it. I have six whatsminers 3 m30s 3 m50s I have two s19xp's I have 18 rtx 3090's Lot of lessor s19's Lot of lessor gpus. I think I sold about 48k worth of gpus so far. and a few asics
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davealphaSenior Member
Posts: 257 · Reputation: 975
#10May 30, 2018, 08:41 AM
Do you still sell GPUs? Are they good for gaming (other than rtx 3090)? And what's the price range? I work in an international company and I have many co-workers that are into gaming and I know a guy that buys used computer parts, builds a new computer and sells them. By the way, will you be able to ship them to Germany or UK? I might take one for me. It's very sad that you were forced to take that action. By the way, do you plan to buy a new gear that will be profitable to mine at 10 cent per Kwh? S21 probably doesn't worth the investment because it's 10 times more expensive than s19 but I think that your best bet will be to buy a brand new miner that Bitmain will create for a specific coin that hasn't been mined by an ASIC before. I have heard that those who manage to get their hands first on it, are making huge profits for a limited time, till the difficulty goes to the moon. You definitely don't need any lesson or advice for me but I want to hear your opinion about this idea. I can't start mining because electricity prices are ridiculously high.
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hodler2019Legendary
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#11May 30, 2018, 11:46 PM
Once I ship a rtx 3070 out of usa to europe the shipping cost makes it not worth if for a buyer or a seller. I have five miners at a host 4 t21 units and 1 L7.   They make a few bucks. I will be listing the rtx 3090s in a week or so.
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5wiftS4geHero Member
Posts: 850 · Reputation: 3880
#12May 31, 2018, 03:16 AM
Sad news. You once said you had your own house. I wouldn't sell rtx 3090s, I'd try mining new shitcoins at home. You could put a mining farm in your garage and run it from home. And s19 asics need cheap electricity, and at 10 cents it's a loss.
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kevin51Member
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#13Jun 2, 2018, 12:36 PM
Sorry to read this. Been there, done that. Feels like shit first, but it gets better.
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hodler2019Legendary
Posts: 2182 · Reputation: 12913
#14Jun 2, 2018, 06:36 PM
yeah the small hosting setup in Iowa is doing okay about 1.5-2k a month and power is about $850 less overhead smaller op.
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the_k1ngSenior Member
Posts: 418 · Reputation: 1421
#15Jun 3, 2018, 12:46 AM
Hello my name is Saskia. I found you in a bitcoin forum. We have a 60 MW electricity license for Namibia. The place I lease spans 125 soccer fields. This is 4 times bigger than our power plant we have in central Switzerland. The electricity costs are a third. I want to do bitcoin farming there. I want to speak to someone who has experience in this field. Cheers, Saskia - saskia.breuer@rayenergy.ch
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hodler2019Legendary
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#16Jun 3, 2018, 01:27 AM
I will message you later today at your email.
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vault2019Member
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#17Jun 3, 2018, 05:09 AM
did you ever look into doing a battery powered setup where you charge batteries overnight at a lower rate and use them throughout the day? im looking at this for only 3kw max, and in the UK we have cheaper night rates. couple that with some solar during the day, could work out to be a good way to get low overall electricity rates
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hodler2019Legendary
Posts: 2182 · Reputation: 12913
#18Jun 3, 2018, 08:56 AM
maybe you could use canaan https://www.canaan.io/avalonhome
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