/r/BitcoinMining
The official bitcoin mining forum / subreddit / chat room / place to be!
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THINKING OF PRE-ORDERING?
READ THESE SCARY STORIES FIRST! (us mods tell them to our kids around the campfire)
FAQ
Can I mine using this old hardware? (CPU? GPU? Abacus?)
How to get a refund via PayPal for your Pre-Ordered mining equipment?
RULES
No "FOR SALE" posts. Feel free to hawk your wares in our sister subreddit /r/BitMarket - this means no goup buys as well. As common as it is in Bitcoin Mining, it is far to risky to be carried out over reddit.
No verbal abuse. If you don't have anything nice to say, it's best not to say anything at all. Remember, we were all newbies once. Mining isn't exactly a trivial venture.
No Referral Links. No Amazon/eBay referral links. No mining pool referral links. No mining contract referral links. No referral links, period.
No Promoting New Alt Coins. If there is a new alt coin out, this is not the place to discuss or promote it. If you have questions about mining that alt coin, feel free to ask away!
No short-URLs. Nobody should have to trust you before clicking on a link. URL-shortener services serve no use on Reddit as there is nothing restricting the size of your comment string.
No begging. Do not ask for other people to mine for your address. Do not beg for donations simply for lending a helping hand.
Anybody caught violating the rules will be banned on sight. If you notice somebody abusing the subreddit rules, please message the moderators with the permalink in question.
All members of the BitcoinMining subreddit are expected to read and follow the Official Reddit Rules as well as the informal Reddiquette guidelines. Likewise, all moderators of this subreddit do follow the Modiquette.
POOLS
Comparison of all mining pools on the official Bitcoin wiki
ABOUT
Want some help with your mining rig?
Don't know which ASIC miner to buy?
Have a question or interesting post about Bitcoin mining in general?
Well hello friend! And welcome to /r/BitcoinMining!
/u/subcypher's Inspired Greatest Quotes of All Time
I run small, outdated miners at a loss pointed at a P2Pool node because I like to do so. -/u/subcypher
RELATED SUBREDDITS
/r/Bitcoin is aimed towards general Bitcoin related discussion.
/r/BitcoinTechnology contains anything technical (i.e. code, proposals, whitepapers, hardware, questions) relating to Bitcoin.
/r/BitMarket is where you go to buy and sell things for Bitcoin.
/r/BitcoinMining
Based in Alberta, Canada, and we're looking for someone potentially willing to host our mining operation
It'll pull about 100kw-120kw depending on the algorithm we're hitting
Able to bring a genny and a trailer with all the paneling, at this point we're looking for a route to deploy ASAP
All we'd need is a 2" natural gas line hookup
Looking to sell 1200 whatsminer M31S and M31S+ Working and tested. Based in Toronto If interested DM. Thanks
Bitmain Antminer S21 PRO PreOrders are open. #mineon https://minefarmbuy.com/product/antminer-s21/
Please dm for hash reports
Starting a bitcoin mining company. The country I am currently in does not charge for electricity. I am thinking of buying 200-400 miners.
Any recommendations? I am not rich at all but do have some start up money. Also how risky is it, that I buy a miner and it does not work or deposits the money to someone else.
One last question is it still profitable? Thanks in advanced.
what are the best fans, robust, 2.7amp etc. also I would like to buy them from a USA vendor. any suggestions
links please
I've never had this new OS and cannot figure out where to put my pool name and status 3333 etc. all my other miners it was easy; 1)configuration 2) pools 3) them stratum3333 or wherever you are in world...then (name.worker)
where is that located on this new braiins OS?
Hi guys, I have 6 20ft mining containers for sale from a site liquidation (utility backed out) the are 720KW similar to the antbox but they also come with 8 exhaust fans on one side and water curtains on the other. Asking $24,000
Kitty loves her new throne
I’m a Bitcoin investor and considering getting into the mining side of things, but I’m very new and just consuming as much info as I can.
It seems like buying S21s might be a solid investment, but I would have to set up dedicated space in my house along with installing 220v power to run them, which seems like it might be quite a bit of trouble to get started.
I’ve seen that there are mining companies like Musk Miners and others that will host your mining rigs for a monthly fee. Are any of you mining through this route? Are there companies that are reputable or ones that should be avoided?
Looking into mining been looking at the S21 Pro, any recommendations I can get or any pointers? I’m still looking for more knowledge on this awesome investment
Model: Whatsminer M20S 62T 3300W 10A
First of just want to thank anyone that can give their opinions on the miners I bought, so a friend of mine let me test my units at their Laundromat, more than enough power to run the miners, the outlets are actually specialized and high 300V/watts/50A. I have the correct wires 300V/20A power wire and connected it to the outlet and miners each individually, no internet though the only purpose of this was to test to see if the miners power on, I think in a week or 2 I will have them in a setup I'm currently creating, and will have my router connected to them but for now I got this. The only concern I have is, when I powered on each of them the ALARM, red light was flashing, as well as the green light on top of them, this is for all the units and 3 of the other units they were doing the same thing except fans were just turning off, but the miners were not turning off at all, so is this normal, or is this an indicator of a unrepairable problem, I've read a lot of things about the Whatsminer M20S and have seen that the only reason why the ALARM red light would be flashing is because it's not connected to the internet, and not connected to a pool, and those sorts of things, which makes sense, but can't really tell if that's the case and I don't know what the normal behaviors are for the miners, as I've never dealt with a miner before. So anyone that can give me a briefing of if this is normal or not would be great. In the video, fans stopping ever like 10 seconds, and green and red light are flashing...
I’m currently in the process of upgrading my mining facility. I have a few S19J pros and I’m looking to add more THs.
I get free electricity and cooling isn’t an issue. Any advice taking the halving into account?
Curious if it's better to switch to a certain payout scheme when fees are higher?
What’s everyone’s thoughts? I’m looking to purchase an s21. Looks like prices are around $4,400-$4,700 USD right now. I can wait until after the halving if the price may go down. I understand it’s predicting the future but many of you on here have very great insight. Thank you.
Thank you to everyone who sent me tickers of mining companies to research yesterday! After looking at many companies, I finalized the top 3 that are penny stocks! This is just the tip of the iceberg of due diligence for each of these companies, so make sure to further your research. The companies below are in no particular order (I also provide each company's chart), and I have some honorable mentions at the end. I hope this was informative!
$BMNR
BitMine Immersion Technologies is setting new benchmarks in the Bitcoin mining industry with their groundbreaking immersion cooling technology. Their unmatched efficiency ethos is reflected in every aspect of their mining process. By addressing the wasteful norms of traditional mining, BitMine has pioneered a system that dramatically reduces energy consumption by up to 95%, thanks to their superior thermal capacitance solutions. This enables them to boast a 25% overclocking potential while decreasing hardware failure rates by 60% and extending hardware lifespan by 30%.
Key Achievements:
$IREN
Meet a bitcoin mining company that’s not just about profits but also about the planet. With Dan and Will at the helm, their deep-rooted belief in Bitcoin's potential and extensive background in renewable energy has led to the creation of next-generation data centers. These aren’t your typical mining operations:
Growth strategy:
$WULF
At the forefront of ecologically responsible Bitcoin mining stands TeraWulf, a company deeply invested in powering its operations with clean energy. With facilities like Lake Mariner and Nautilus Cryptomine, TeraWulf is a testament to the potential of sustainable industry practices:
Lake Mariner, exclusively owned by TeraWulf, commenced its eco-friendly mining in March 2022 and plans to expand to a robust 35 MW by Q3 2024, with a significant reliance on over 93% zero-carbon energy from hydro and nuclear sources.
Nautilus Cryptomine, a collaborative venture with Talen Energy, has been operational since February 2023, running entirely on zero-carbon energy. It boasts a highly competitive fixed power cost of $0.02/kWh and is looking at a potential expansion of an additional 50 MW.
Energy and Economics:
Future Growth:
Commitment to Sustainability:
Honorable Mentions
Communicated Disclaimer - This is not financial advice! mining stocks tend to be very volatile, so make sure to do your own DD before investing in them! Tickers & Sources - 1,2, 3,4
My good friend has access to around an acre of land, and has a brick built hut with power, internet etc. Just spit balling about what to do with an acre of free land like this! My stoned 3AM idea. Should he fill the land with solar panels, buy a load of mining rigs and become part of the financial infrastructure of the future?
Hello!
Currently toying with the idea of hooking up an 8inch inline fan to my S19s. Should I get the shrouds that cover the PSU? Thanks!
As title says I currently run 4 miners with a 200mm Inline fan pulling air out of each one
then split two running them into a y piece each via ducting a exhausting about 2m higher through the ceiling and outside.
I want to expand this to another two miner can I get away with doing this with out creating an inlet? How much negative pressure is to much the room is 2.4x 5x6 M.
It's a converted garage designed with sound proofing in mind so not to much cracks for air in downstairs, but there is a big 1.8m circle to the loft for a spiral staircase where defitnely more cracks.
Thanks for all advice
ASIC miner silencer box is a great tool for reducing operating noise. It can be adapted with Antminer, Whatsminer, Avalonminer, Iceriver, Innosilicon, Ebit and other brands.
S19k pro & BCB100
Hi there, I am planning on running Braiins OS an my S19 k pro. If your S19 model (S19k pro) supports the „normal“ Braiins installation, then the BCB 100 is of no „extra“ use in terms of efficiency and performance? I could simply run the BCB100 and keep the AMlogic one as a backup right? Thanks!
So Ive been looking into different asic miners along with gomining with the halving coming and rewards being cut in half does anyone have any recommendations on the next step.
Would it be better to just start getting into physical asic miners and get one every time I can and build them up or continue with gomining. I can put 14k total into either gomining or asic miners by dec 31st
or is the time of small miners done with.