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Blutarsky
LSU Fan
112th Congress
Member since Jan 2004
2378 posts

Bitcoin mining operation: Is there a ratio between power consumption and bitcoins mined?
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.

This post was edited on 9/14 at 7:53 pm


bluebarracuda
New Orleans Pelicans Fan
Member since Oct 2011
16724 posts

re: Bitcoin mining operation: Is there a ratio between power consumption and bitcoins mined?
hash rate and power consumption have no correlation since every ASIC uses different power draws and get different hash rates


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VABuckeye
Ohio State Fan
Naples, FL
Member since Dec 2007
30409 posts

re: Bitcoin mining operation: Is there a ratio between power consumption and bitcoins mined?
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.


Phil
LSU Fan
Member since Jun 2010
323 posts
 Online 

re: Bitcoin mining operation: Is there a ratio between power consumption and bitcoins mined?
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.


VABuckeye
Ohio State Fan
Naples, FL
Member since Dec 2007
30409 posts

re: Bitcoin mining operation: Is there a ratio between power consumption and bitcoins mined?
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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