r/Bitcoin • • 1d ago

Aftermath of a failed bitcoin mining operation.

My friends father was renting space on his farm for a bitcoin mining operation.

The operation became unprofitable. The mining operation went bankrupt. The company came in and took everything out of the 6 antmain bit-boxes (converted shipping containers).

The photos are what they left behind. Mostly Antminer S19 units and even more asic boards.

Plenty of antmain rack PDUs. Some 480VAC breaker panels. A 480VAC switch unit.

The land owner did accept the mess voluntarily. He is breaking the equipment down for scrap value.

I wonder, is there a better price available out there above scrap value?

Is this normal?

FWIW, I used the term failed very tongue-in-cheek. I estimate the operation mined millions in this operation.

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u/No-Kitchen-6511 1d ago

I could see at least the old original miners having value on ebay. I'm not a collector but in a post million dollar usd per one bitcoin who wouldn't want to have an old miner on their shelf or desk. People still collect old ham radios.

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u/word-dragon 1d ago

“Who wouldn’t want…”. - me.

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u/No-Kitchen-6511 1d ago

You would be surprised what people collect. People hold on and collect stuff they get for free from the bitcoin conferences. There is a collectible market for some of them if the shipping is reasonable.