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Bitcoin mining operation: Is there a ratio between power consumption and bitcoins mined?
Posted on 9/14/21 at 5:43 pm
Posted on 9/14/21 at 5:43 pm
I know of a group who needs 10MW of continuous load for an operation.
Does anyone have a formula for expected, successful mined bitcoins per month based on the expected load?
That demand requirement won’t be cheap.
At that load, the hashing power must be huge to turn a profit.
Does anyone have a formula for expected, successful mined bitcoins per month based on the expected load?
That demand requirement won’t be cheap.
At that load, the hashing power must be huge to turn a profit.
This post was edited on 9/14/21 at 7:53 pm
2
Posted on 9/14/21 at 6:48 pm to Blutarsky
hash rate and power consumption have no correlation since every ASIC uses different power draws and get different hash rates
Posted on 9/14/21 at 8:32 pm to Blutarsky
I’m not sure that group understands how much power 10mw is and how much space it occupies in a data center. That’s a monthly bill they probably can’t afford.
Posted on 9/14/21 at 9:00 pm to VABuckeye
To be honest, we just were approached by a Bitcoin mining company to build their new location and they gave us the exact same load. Everything is modular and comes to the site in essentially conex’s.
Posted on 9/14/21 at 9:37 pm to Phil
It’s a crazy price to pay but if they have backing why not I guess? That power and cooling comes at a steep price.
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