/r/BitcoinMining

Photograph via snooOG

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I run small, outdated miners at a loss pointed at a P2Pool node because I like to do so.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

100,632 Subscribers

1

Looking for a hosting solution

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

1 Comment
2024/04/19
20:28 UTC

0

1200 Whatsminer M31S and M31S+

Looking to sell 1200 whatsminer M31S and M31S+ Working and tested. Based in Toronto If interested DM. Thanks

0 Comments
2024/04/19
20:24 UTC

0

I just wanted to say.

Bitmain Antminer S21 PRO PreOrders are open. #mineon https://minefarmbuy.com/product/antminer-s21/

0 Comments
2024/04/19
19:24 UTC

1

For sale 18 x S19 110th working located NV

Please dm for hash reports

0 Comments
2024/04/19
16:56 UTC

4

Budget not an issue

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.

11 Comments
2024/04/19
16:21 UTC

0

Best fans for s19j..no budget

what are the best fans, robust, 2.7amp etc. also I would like to buy them from a USA vendor. any suggestions

links please

5 Comments
2024/04/19
16:16 UTC

1

s19 how to find pool to add name.worker????

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?

4 Comments
2024/04/19
13:59 UTC

19

20Ft Mining Containers for sale

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

11 Comments
2024/04/18
16:00 UTC

12

Found a good use for those bitmain boxes you have sitting around.

Kitty loves her new throne

2 Comments
2024/04/18
15:53 UTC

4

Miner Hosting?

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?

30 Comments
2024/04/18
15:30 UTC

0

Beginner

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

6 Comments
2024/04/18
14:18 UTC

0

Dear Bitcoin Miners: Please Direct Your Hashrate at OCEAN Pool For The Halving to Potentially Reduce The Impact of a Coming Spam Attack

2 Comments
2024/04/18
12:07 UTC

0

All miners mysteriously went offline at the same time on antpool - in multiple locations on different internet connections. Unplugging and plugging back in got them back online but why is this happening ? Antpool kicking people off ?

3 Comments
2024/04/18
05:43 UTC

2

Are these Whatsminers operating properly?

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...

https://youtube.com/shorts/-lz6snBUL44?feature=share

2 Comments
2024/04/18
01:16 UTC

5

What miners should I run?

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?

15 Comments
2024/04/17
21:55 UTC

2

Best Payout Scheme for high fees?

Curious if it's better to switch to a certain payout scheme when fees are higher?

1 Comment
2024/04/17
19:37 UTC

1

Looking to buy an S21, before or after the halving.

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.

View Poll

5 Comments
2024/04/17
17:04 UTC

2

The Top 3 Bitcoin Mining Companies! T-3 Days Till The Halving

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:

  • Achieved a Power Usage Effectiveness (PUE) of <1.03 and reduced cooling OPEX by 95%.
  • Operates with zero water waste and re-utilizes heat, contributing to an environmentally conscious operation.
  • Currently offers an initial 50 Megawatts capacity with plans to expand across North America and the Caribbean.
  • Committed to achieving Carbon Neutrality by the end of 2024, promoting ethical mining practices.

https://preview.redd.it/xxzwdqfik1vc1.png?width=2272&format=png&auto=webp&s=7de1477c476d200896790a3cdad22b29bae3ab36

$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:

  • Facilities outperform traditional data centers with >70kW rack capabilities.
  • 100% renewable energy-powered operations.
  • Capacity includes:
  • 180MW operating
  • 80MW under construction
  • 500MW of additional power and land available

Growth strategy:

  • Meet rising demand for power-dense computing in AI.
  • Expand and develop new facilities.
  • Invest in renewable energy production.
  • Explore green technology opportunities.

https://preview.redd.it/v7vox8sek1vc1.png?width=2280&format=png&auto=webp&s=1ae4d728b41467fdaad40747db5c3bfd9cabb872

$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:

  • Utilizes 95% zero-carbon energy across facilities.
  • Fixed low power cost of $0.02/kWh at Nautilus.

Future Growth:

  • Combined infrastructure target of 238 MW by Q3 2024.
  • Self-mining hash rate projected around 10 EH/s.
  • Total miner fleet expected to reach 74,500 units.

Commitment to Sustainability:

  • Focused on plug-ready capacity for growth.
  • Led by an experienced team committed to ESG principles.
  • Aims to provide sustainable community and environmental benefits.

https://preview.redd.it/qyjgjenak1vc1.png?width=2266&format=png&auto=webp&s=312ddb742f42d7b1d7442a39a63e12e57a59795b

Honorable Mentions

  • $RIOT
  • $BITF

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

0 Comments
2024/04/17
13:34 UTC

6

Silly question I’m so sure it is

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?

20 Comments
2024/04/17
10:35 UTC

1

S19 shrouds

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!

1 Comment
2024/04/17
10:25 UTC

2

How many miners (3.5kw) before i run into negative pressure issues

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

4 Comments
2024/04/17
09:38 UTC

0

crypto miner silencer

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.

Antminer Whatsminer Silencer

0 Comments
2024/04/17
02:46 UTC

0

Braiins control board

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!

2 Comments
2024/04/16
19:17 UTC

3

next step after halving?

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.

26 Comments
2024/04/16
17:38 UTC

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