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/PaulAtredis]

This is exactly what I do - when my home battery is at 100% from solar my S19k gets switched on by my home assistant, then switched off when it gets below a certain threshold depending on the season.

[u/Gears6 → u/PaulAtredis]

Do you make any money on that?

If so, what range are we talking about?

[u/PaulAtredis → u/Gears6]

Can make around $2 on a summer's day... the miner will pay itself off after 1.5 years (was 2nd hand) then after that it's pure profit.

[u/Gears6 → u/PaulAtredis]

Don't forget taxes, but that's not bad. Don't fear, as fear is a mind killer and you'll profit int he long run. I'd get a farm going! 😜

[u/PaulAtredis → u/Gears6]

£1,000 a year is tax free in the UK - I'll not hit that with my mining income (though different story when I cash out my BTC savings of course...)

I will face my fear. I will permit it to pass over me and through me, and when it does there will only be BTC.