This farm is the exact farm I was trying to create 3 years ago. Many people wont understand the level of expertise that is needed to setup something like this. Not to mention the expense which is one to the factors that ultimately held me out. The other was not having an industrial or middle of no where to be able to setup. Then the third was the realization that the electrical needs are beyond my scope of understanding and require expensive professionals along with expensive equipment with long lead times. Congrats to this gentleman for making the dream work.
It's not that complicated electrically. Its just a lot of power as each machine used 3000+ watts. Coming from building commercial grow rooms for the marijuana industry building mining setups like this is a walk in the park.
@@attribute-4677Not when you calculate the the Accelerated Cost Recovery depreciation methods recognized by the IRS, coin miners typically deduct the value of their rigs over a span of three to five years. The same can be done for most of the infrastructure costs. Some states have very favorable tax structures as well. What is baffling to me is why this was not co-located where the thermal energy could be used?? As energy can neither be created or destroyed they are basically pumping 1.4 megawatts or 4.8 million BTU of energy into the air. This is enough energy to heat a 100,000 sf building, or about 75% of a Walmart.
@@attribute-4677 gamblers, look at amount of huge miners that went bankrupt this and last year. At this point ist not fun anymore only institutions can keep run it but not long as every halving is like kick in the balls. Hashrate going up because old miners still can make some profits if you have cheap energy but after halving all those miners will be pure junk.
Very professional buildout. I've worked big industrial setups and fiber networking, 3 phase power distribution, and beautiful plumbing is quite the asset.
People fail to realize that this model, destroys the opportunity for the regular guy to do it....Sheeple are asleep sheeps until they get slaughtered...
That's one of the "risks" of decentralisation though?@@WineHouse33 anyone has the opportunity to go big if the market allows them to. What would your suggestion be then for these "sheeps" that are asleep (ie. just enjoying quality crypto entertainment content?)
I'm A Industrial Pipe Fitter/ Master Plumber love to see this, some really serious cooling systems I've installed similar but not for BTC Miners. Awesome
Hey I am from India .I had contacted DCX. They said to deliver product , but how trustworthy the company if I paid all cost in advance ? What is your method of purchase.? What is the process of purchase the miner ?
quick math 46PHs = $2800/day - $2200/day electricity bill = $600 daily benefits 😢. How did he manage to be profitable and cover other cost and investment ? What after the halving if bitcoin do not x2 ?
I listened to a guy in a podcast who was into mining and he said one important point is, you have to get in when it's bear market and the hardware is cheap and make the big profits in a bull run if you want to be profitable. But still I think its a hard business to get in to.
@@Alexsh842 i agree to buy hardware during Bear when it is cheap. But why would you run it if it is not profitable. Better wait. Obviously with my maths he cannot pay employees and other cost with only 600$ benefits per day.
Vosk eeprom tool that guy has I have the same one and you can use it with a PC and also swap the default language to English, ASIC repair is not hard once you learn what all each chip does and using the error logs to point you in the right direction.
In industry, that's not a bad ROI on capex. Scaling is costly. And even once "paid back", lots of the equipment still has value, though the miners here will be spaceheaters/e-waste worth a few bucks a pound.
he proofs with running electrical hardware inside water and in the way that it should not run at all. that you can make it to run. i just wonder how long it will. cause this water environment is technically having conductive characteristica as well. meaning it could interfere from one mining hardware into the other via a shorted circuit. creating power surges in the grid. the ones that can damage the hardware. Not sure how safe it really is therefore. not freezing of the water is also one thing. but what about corrosion? this as well can damage the boards and them no longer running properly. the idea is not a bad one. but maybe adding some additional device that can buffer towards such problems also inside the water would not hurt. if it is not existing yet. it should be build. this has a lot of potential towards every mining hardware on the long run.
Im still fuzzy on how Bitcoin is being mined. I get that the machines are running an algorithm, but how do you get rewarded? Is it all by chance? Or is it relative to your computing power? The more you add, the more you make? Or just the better chance you have to get rewarded?
Think about it as a global scale lottery, that gets won (solved) every 10 minutes on average. The more mining power (hashrate) you have the better the chances that you will be the winner for that 10 minute slot.
mining is ledger hosting. dude gets paid in coin for keeping the hosting operation running, the thing is bitcoin is not infinite so eventually these 'miners' will be working for transaction costs since there wont be any coins to 'mine'. thats when the blood bath begins as liquidating the coin will come at a high price. operations like this cost tens of thousand a month in facilities hardware insurance and operations costs.
The temps are census and not Fahrenheit! If you had to run the miners at 60f-70f you could not air cool them… even water cooling them would be nearly impossible!!!
46 Petahash / 60 s19 miners = 76.6 TH per miner. There's something going on at this farm this guy isn't telling you about. They have serious heat problems throttling them that causing them to derate the machines.
These were my thoughts as well, It's a waste of heat. It's a great setup with the liquid cooling, it would be nice to recycle the heat and have a second source of income
Hey Vosk, good video. Next time though can you ask some questions on how they mine with such a farm. I am curious if they go all in on solo mining or split it up to guarantee some coin. It sounds like money constraints is a driving factor, along with power of course, as to the size they shoot for. It be interesting to also see the things they had when they started. Things like what professionals were already on the team, who they hired and how much money/financing, etc. I know these get personal and some might not want to share. I heard him mention he had either owned or worked in air cooled centers prior to. So there was some experience entering it. The programs he has running he made is huge advantage. I smacked my head many a night trying to figure out if a program could do what I wanted and how much it costs. I never thought about creating my own. Dude is a true legend. But one thing to note is the smaller cooler are not good for residential unless you live in a colder climate. As the fans go to max they get quite loud. I have an original cooler, maybe new fans are not as big. But typically the faster they spin the louder they get. Also there are a lot more question I be curious to ask as to the prep of his miners. In immersion, many pull off fans and add spoofers to fool miner. I am curious if they did fans to power supplies too. Also if they had to change up the bus bar config or not. By looks it appeared he did not. Immersion is cool, flow is really important, and to hear him state some problems made me feel better. I had many of the same issue. Some days it made me feel it was me. With Immersion still being relatively new, there is not many tutorials on how to solve things or issues that will arise. Its all trial and error and hope you don't blow nothing up in the mean time. lol. Great video though!
15:15 they pulled the fans. He also noted they use Braiins software and the benefits of mining to their pool. If you watch the interview with the owner (different video) you can tell he is a little concerned with profitability in the current environment. As such I have never seen a commercial miner solo mine, but I'm sure there is one. The strategies of a commercial miner and hobby miner are not even close. Commercial miners have to execute with certainty to the financial models and business plans for the project. Whereas a hobby miner may gamble with solo mining even though this has happened less that 200 times.
They should have run the dielectric oil out to the cooling tower. The additional heat exchange is costing them 10% of their cooling capability mainly temperature 🌡 but also btu capacity. If they did a supply and return well and pump ground water thru the heat exchangers they could eliminate the cooling tower and use 50-60*f water to cool the tanks. Way less power consumption on a well pump then all those cooling towers and the loop pump.
More than likely you cannot do that because you run the risk of contaminating the oil and causing short circuits in the equipment. Not to mention the extra cost of all that extra oil needed to fill the pipes and cooling unit.
Solar power and BTC mining don't go together. BTC is too power intensive! The amount of money you need to invest can never be returned. Not to mention the space needed and so forth. Believe me I tried to find ways to make it work. Geothermal would help some with cooling though.
Delivery guys dont care. I ordered 2 Rhode and Schwartz spectrum analyzers for $150k apiece. I watched the shipping guy on camera set one down, use the one in his arms to open and hold door while he kicked the one on the floor through the door. They both worked fine. So no harm no foul I guess.
@@Colby_AttackI have some experience in this here is something to consider, you should have run the dielectric oil out to the cooling tower. The additional heat exchange is costing them 10% of their cooling capability mainly temperature 🌡 but also btu capacity. If they did a supply and return well and pump ground water thru the heat exchangers they could eliminate the cooling tower and use 50-60*f water to cool the tanks. Way less power consumption on a well pump then all those cooling towers and the loop pump.
2200$ for electricity and you get 2800$ if you are lucky....with some added cost he is around 500 bucks a day which a TAXI driver can do in a day. WHAT IS THE POINT.
I am going to be that guy but us at Vnish do Autotune on all our models. We actually invented AutoTune in early 2018. On another note holy crap this is a really clean farm also your management software you built is great. You would be surprised how many large miners don't have custom stuff like this mad. Kuddos to you it's really great keep up the good work!
We used Vnish a while ago and didn't recall the AutoTune feature. We liked the firmware but ultimately switched since we had so many AMLogic control boards. Certainly would recommend other miners take look at Vnish. Appreciate the comments about our software.
@BMAEnterprisesInc I have some experience in this here is something to consider, you should have run the dielectric oil out to the cooling tower. The additional heat exchange is costing them 10% of their cooling capability mainly temperature 🌡 but also btu capacity. If they did a supply and return well and pump ground water thru the heat exchangers they could eliminate the cooling tower and use 50-60*f water to cool the tanks. Way less power consumption on a well pump then all those cooling towers and the loop pump.
This is small baby. Chinese have the biggest farms ever built. BUT! Not only that price is wrong to build it today- but the amount of available coin, due to overmining is shrinking and shrinking. Meaning soon they wont give more then $0,000000something per calculation. Have fun having these with rising electricity cost from all the green people.
This farm is the exact farm I was trying to create 3 years ago. Many people wont understand the level of expertise that is needed to setup something like this. Not to mention the expense which is one to the factors that ultimately held me out. The other was not having an industrial or middle of no where to be able to setup. Then the third was the realization that the electrical needs are beyond my scope of understanding and require expensive professionals along with expensive equipment with long lead times. Congrats to this gentleman for making the dream work.
It's not that complicated electrically. Its just a lot of power as each machine used 3000+ watts. Coming from building commercial grow rooms for the marijuana industry building mining setups like this is a walk in the park.
@@attribute-4677Not when you calculate the the Accelerated Cost Recovery depreciation methods recognized by the IRS, coin miners typically deduct the value of their rigs over a span of three to five years.
The same can be done for most of the infrastructure costs. Some states have very favorable tax structures as well.
What is baffling to me is why this was not co-located where the thermal energy could be used??
As energy can neither be created or destroyed they are basically pumping 1.4 megawatts or 4.8 million BTU of energy into the air.
This is enough energy to heat a 100,000 sf building, or about 75% of a Walmart.
@@attribute-4677 gamblers, look at amount of huge miners that went bankrupt this and last year. At this point ist not fun anymore only institutions can keep run it but not long as every halving is like kick in the balls. Hashrate going up because old miners still can make some profits if you have cheap energy but after halving all those miners will be pure junk.
@@attribute-4677 Eh, in the near term it definitely does not. A facility like this might take decades to pay off.
@@attribute-4677 You can save a ton on electricity by using solar power if you have the money for it.
Very professional buildout. I've worked big industrial setups and fiber networking, 3 phase power distribution, and beautiful plumbing is quite the asset.
I have $1k, maybe $1,500 to spend on a miner or 2. What is the most profitable right now? Thanks!
Watching this from an enterprise datacentre perspective - this is adorable. Watching this from an enthusiast level - holy hell that's a lot of power.
This is so sick! Glad to have the MFT series back 🎉
People fail to realize that this model, destroys the opportunity for the regular guy to do it....Sheeple are asleep sheeps until they get slaughtered...
That's one of the "risks" of decentralisation though?@@WineHouse33 anyone has the opportunity to go big if the market allows them to. What would your suggestion be then for these "sheeps" that are asleep (ie. just enjoying quality crypto entertainment content?)
I'm A Industrial Pipe Fitter/ Master Plumber love to see this, some really serious cooling systems I've installed similar but not for BTC Miners. Awesome
Yep, I love the stainless steel press fit pipe, expensive but quick.
32:08 - 60°F is inlet Temperature??? And 90°F is a danger Zone??? Are you kidding me? I am sure you mean Celcius!
Everything started like clockwork! Thanks for the effort.
Great video! Awesome to see how much you've grown not only in the crypto mining but in the interview skills!
Hey I am from India .I had contacted DCX. They said to deliver product , but how trustworthy the company if I paid all cost in advance ?
What is your method of purchase.?
What is the process of purchase the miner ?
quick math 46PHs = $2800/day - $2200/day electricity bill = $600 daily benefits 😢. How did he manage to be profitable and cover other cost and investment ? What after the halving if bitcoin do not x2 ?
I listened to a guy in a podcast who was into mining and he said one important point is, you have to get in when it's bear market and the hardware is cheap and make the big profits in a bull run if you want to be profitable.
But still I think its a hard business to get in to.
@@Alexsh842 i agree to buy hardware during Bear when it is cheap. But why would you run it if it is not profitable. Better wait. Obviously with my maths he cannot pay employees and other cost with only 600$ benefits per day.
0:14 - I just love those "big and hard doors" installed on thin metal sheet walls.
No way in.
Just no way in.
Can’t believe how quiet it is… amazing farm 👌🏼
I applied to a similar company...did phone interview, onsite interview...and still no call when to start
It would take about 4 acres of solar panels to power that.
Fascinating insight into why Bitcoin could never become mainstream currency... Electricity ...
How about using a quantum computer to mine would be more effective?
This is on a whole other level of cool....literally and figuratively
Where did you buy the cooling system & the build? (withour the miners)
How come no installation on pipe after cooling tower?
What are we talking about here for latency? 8 ms or 80 ms?
Vosk eeprom tool that guy has I have the same one and you can use it with a PC and also swap the default language to English, ASIC repair is not hard once you learn what all each chip does and using the error logs to point you in the right direction.
Love this! What a great tour and edit! Excited to see more MFT content!
Excellent job, everything worked without any issues.
Wow looks like the payback for all this equipment will take a 7-10 years or more 😅
Thats not even that long, but it will be even sooner considering the bull run is coming
In industry, that's not a bad ROI on capex. Scaling is costly. And even once "paid back", lots of the equipment still has value, though the miners here will be spaceheaters/e-waste worth a few bucks a pound.
So roughly 4 to 5 Bitcoin per day mined there.
thats 100k a day? and operation costs?
You start off at an "undisclosed location" and then within 60 secs the CEO says where they are and you show us on a map
escalated quickly i guess
Why all the ss pipe? It looks food grade.
Thanks for the facility tour and explanations.
And if you can choose an energy supplier, if in a deregulated energy state.
Do you know any immersion facility to refer. I have 20 s19j pro 120th and another 30 s19k pro 120 on the way.
That piping looks so expensive. Why not just use PVC or ABS?
how do they even profit? 46 p/h is like less than 3k a day ? he mentioned $2200 a day in power?
he proofs with running electrical hardware inside water and in the way that it should not run at all. that you can make it to run.
i just wonder how long it will. cause this water environment is technically having conductive characteristica as well. meaning it could interfere from one mining hardware into the other via a shorted circuit. creating power surges in the grid.
the ones that can damage the hardware.
Not sure how safe it really is therefore.
not freezing of the water is also one thing. but what about corrosion? this as well can damage the boards and them no longer running properly.
the idea is not a bad one. but maybe adding some additional device that can buffer towards such problems also inside the water would not hurt. if it is not existing yet. it should be build. this has a lot of potential towards every mining hardware on the long run.
How does the 480 3 phase work. I thought these were onky rated to 240 not 277
Don't forget the 480v to 120v/208v makes things simple. Custom transformers are also used often.
@@johngermain5146we used custom power supplies but the stock Bitmain ones work well with split phase 277.
@@johngermain5146 better to run 415/240 three phase.
Did i hear that correct? 46Petahash and running $2200 a day on electricity. Calculating that he is making $1420 a day.
How tall is Vosk?
Best site visit yet. Awesome content. Thank you
Im still fuzzy on how Bitcoin is being mined. I get that the machines are running an algorithm, but how do you get rewarded? Is it all by chance? Or is it relative to your computing power? The more you add, the more you make? Or just the better chance you have to get rewarded?
Think about it as a global scale lottery, that gets won (solved) every 10 minutes on average. The more mining power (hashrate) you have the better the chances that you will be the winner for that 10 minute slot.
mining is ledger hosting. dude gets paid in coin for keeping the hosting operation running, the thing is bitcoin is not infinite so eventually these 'miners' will be working for transaction costs since there wont be any coins to 'mine'. thats when the blood bath begins as liquidating the coin will come at a high price. operations like this cost tens of thousand a month in facilities hardware insurance and operations costs.
Hmmm profit is around 20kish 66k in bill “electricity” pressure
The temps are census and not Fahrenheit! If you had to run the miners at 60f-70f you could not air cool them… even water cooling them would be nearly impossible!!!
Yes you’re right! The temps should be Celsius. We’re so used to F.
Thanks for catching that. Sorry for the confusion and glad you corrected it for other viewers.
Impressive set up
Do they have a UPS system?
might want to add a blur with youtube editor when showing those empty boxes with shipping sticker
Which crypto continues to go up? I've lost value of rolex in it
46 Petahash / 60 s19 miners = 76.6 TH per miner.
There's something going on at this farm this guy isn't telling you about. They have serious heat problems throttling them that causing them to derate the machines.
Brain OS is likely their main problem as he said during the day it's dropping each machines output by 300-600w ea.
Hey use the heat coming off the devices to make a mini power plant
can you do a video about the fry foundation miners?
Very cool. The cooling system is essentially exactly the same as the industrial chillers we use in the plastic forming industry to cool molds.
Clean setup at one point I wanted to do immersion cooling at home level but is to messy and I do not what they do to a plastic!
Such a great video! Thank you Vosk 👍 Looking forward to see your liquid cooled setup.
How much money does this guy make a day?
looks like the circuits that where shown when Jurasic park opened... Super HIGH Powered... Nice
Is this not a huge waste of energy?
Bitdeer is building a $150M, 220Mw ASIC campus in my hometown in Ohio. Hope to see a tour after August 2025.
everybody would emerge, we just don't have the money. we all want effeciency.
thx man
You contend there is no way, but why? Are you familiar with the Web3 Infinity? This is going to rise to new heights.
Potential video idea make a diy water cooler system with pros and cons power consumption hashrate efficiency etc
Would be a nice setup to use the heated water to a place that need a lot of hot water like an hospital.
These were my thoughts as well, It's a waste of heat. It's a great setup with the liquid cooling, it would be nice to recycle the heat and have a second source of income
Hey Vosk, good video. Next time though can you ask some questions on how they mine with such a farm. I am curious if they go all in on solo mining or split it up to guarantee some coin. It sounds like money constraints is a driving factor, along with power of course, as to the size they shoot for. It be interesting to also see the things they had when they started. Things like what professionals were already on the team, who they hired and how much money/financing, etc. I know these get personal and some might not want to share. I heard him mention he had either owned or worked in air cooled centers prior to. So there was some experience entering it. The programs he has running he made is huge advantage. I smacked my head many a night trying to figure out if a program could do what I wanted and how much it costs. I never thought about creating my own. Dude is a true legend. But one thing to note is the smaller cooler are not good for residential unless you live in a colder climate. As the fans go to max they get quite loud. I have an original cooler, maybe new fans are not as big. But typically the faster they spin the louder they get. Also there are a lot more question I be curious to ask as to the prep of his miners. In immersion, many pull off fans and add spoofers to fool miner. I am curious if they did fans to power supplies too. Also if they had to change up the bus bar config or not. By looks it appeared he did not. Immersion is cool, flow is really important, and to hear him state some problems made me feel better. I had many of the same issue. Some days it made me feel it was me. With Immersion still being relatively new, there is not many tutorials on how to solve things or issues that will arise. Its all trial and error and hope you don't blow nothing up in the mean time. lol. Great video though!
15:15 they pulled the fans. He also noted they use Braiins software and the benefits of mining to their pool.
If you watch the interview with the owner (different video) you can tell he is a little concerned with profitability in the current environment.
As such I have never seen a commercial miner solo mine, but I'm sure there is one.
The strategies of a commercial miner and hobby miner are not even close. Commercial miners have to execute with certainty to the financial models and business plans for the project. Whereas a hobby miner may gamble with solo mining even though this has happened less that 200 times.
They should have run the dielectric oil out to the cooling tower. The additional heat exchange is costing them 10% of their cooling capability mainly temperature 🌡 but also btu capacity.
If they did a supply and return well and pump ground water thru the heat exchangers they could eliminate the cooling tower and use 50-60*f water to cool the tanks. Way less power consumption on a well pump then all those cooling towers and the loop pump.
More than likely you cannot do that because you run the risk of contaminating the oil and causing short circuits in the equipment. Not to mention the extra cost of all that extra oil needed to fill the pipes and cooling unit.
I’m pretty sure they would have considered that.
What is your power consumption in a day ?
Hope they have really cheap electricity. S19 mine at near loss even at $0.08/KW USD
Super Cool immersion farm 🏄♀️
Host: Bitcoin mine at "undisclosed location". Later the owner told the location lol.
Anybody pay for their miner in crypto? Which company did you buy from?
I am so curious what his rate is for power
be nice to see a review of dcx bitpod for home use
Thank you for sharing! Great Stuff!
Add your own geothermal energy or full solar power and this is a real dream operation
Solar power and BTC mining don't go together. BTC is too power intensive! The amount of money you need to invest can never be returned. Not to mention the space needed and so forth. Believe me I tried to find ways to make it work. Geothermal would help some with cooling though.
Delivery guys dont care. I ordered 2 Rhode and Schwartz spectrum analyzers for $150k apiece. I watched the shipping guy on camera set one down, use the one in his arms to open and hold door while he kicked the one on the floor through the door. They both worked fine. So no harm no foul I guess.
How many Megawatts does the facility use?
About 1.8MW currently with the heat in the summer. We ramp it up another 400kw with over clocking when temperatures and BTC prices agree.
@@Colby_AttackI have some experience in this here is something to consider,
you should have run the dielectric oil out to the cooling tower. The additional heat exchange is costing them 10% of their cooling capability mainly temperature 🌡 but also btu capacity.
If they did a supply and return well and pump ground water thru the heat exchangers they could eliminate the cooling tower and use 50-60*f water to cool the tanks. Way less power consumption on a well pump then all those cooling towers and the loop pump.
1.21 jiggawatts!
What oil is used?
DCX ThermaSafe R synthetic dielectric fluid
2200$ for electricity and you get 2800$ if you are lucky....with some added cost he is around 500 bucks a day which a TAXI driver can do in a day. WHAT IS THE POINT.
They got also every day 1 bitcoin for free. Just check the video.
So a taxi driver makes 15k a month ?
bro was saying is 90F is dangerous my laptop on mining are running 170.6F
He meant Celsius.
that’s insane. imagine the new s21’s in diaelectric fluid 😮
HELL OF A VIDEO MAAAAN
Cool, thanks for sharing this Vosk!
And yes I'm from the slide rule, pocket calculator era
😀@@bobsingle45
4:39 that ain't how overclocking works.
This video can go on TV
Brooo s/o rva : i know dominion power love y'all
you're tuning in from RVA? nice!
This is amazing, what skill. I hope he makes millions and millions!
Better than you living in the basement with all them on at the same time.
I am going to be that guy but us at Vnish do Autotune on all our models. We actually invented AutoTune in early 2018.
On another note holy crap this is a really clean farm also your management software you built is great. You would be surprised how many large miners don't have custom stuff like this mad. Kuddos to you it's really great keep up the good work!
We used Vnish a while ago and didn't recall the AutoTune feature. We liked the firmware but ultimately switched since we had so many AMLogic control boards. Certainly would recommend other miners take look at Vnish. Appreciate the comments about our software.
@BMAEnterprisesInc
I have some experience in this here is something to consider,
you should have run the dielectric oil out to the cooling tower. The additional heat exchange is costing them 10% of their cooling capability mainly temperature 🌡 but also btu capacity.
If they did a supply and return well and pump ground water thru the heat exchangers they could eliminate the cooling tower and use 50-60*f water to cool the tanks. Way less power consumption on a well pump then all those cooling towers and the loop pump.
TOP Secret and minute later showing the exact location
Very good video! Very good content!
Damn... that's impressive.
Thanks, for another mining lesson. Great Video
Bitcoin is often called "digital gold."
Love the content.... Thx Vosk
Can make a neat gaming rig when all forms of money become worthless.
Are these guys the rich man north of Richmond?
I do ask: how much btc do they mine per month?
How much is their electric bill?
at 20K a day it better be making a bundle. that cost a fortune to build and engineer.
Rich men north of Richmond lol. Oliver was right!
Smart contracts are self-executing agreements on the blockchain.
The computers r trying to gues a random number to mine a new btc
really appreciate the detailed explanation. Thumb up.
This is small baby.
Chinese have the biggest farms ever built.
BUT!
Not only that price is wrong to build it today- but the amount of available coin, due to overmining is shrinking and shrinking.
Meaning soon they wont give more then $0,000000something per calculation.
Have fun having these with rising electricity cost from all the green people.
So is this where the term “ minor attracted person” comes from lol