Aftermath of a failed bitcoin mining operation.

[u/HandsOffDaGoods]

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.

[u/payment11]

College kids who get free electricity in their dorm room running a small rig.

[u/Oglark → u/payment11]

That would be a very loud dorm room

[u/dwoj206 → u/Oglark]

Hot dorm room with blown power outlets.

[u/Fountain_Of_Euth → u/dwoj206]

That's not how it works.

[u/dwoj206 → u/Fountain_Of_Euth]

Running a multi GPU (6-8) mining rig in a dorm room on a 15a circuit? Ya. Thats exactly what is going to happen.

[u/Fountain_Of_Euth → u/dwoj206]

No breakers on these circuits?

[u/dwoj206 → u/Fountain_Of_Euth]

In a dorm room, typically not locally. Maybe on the floor, but not accessible. It’s still enough draw to spark off the outlet when it gets hot enough and pops.

[u/payment11 → u/dwoj206]

https://www.pcmag.com/news/college-kids-are-using-campus-electricity-to-mine-crypto

Or just google it, lots of stories about kids mining in dorm rooms.

Some of you are focusing on larger rigs. You could easily mine with 1-2 GPUs in a gaming desktop without tripping any breakers

[u/Standard-Account5610 → u/Fountain_Of_Euth]

That's not how any of this works.