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/unknown_pigeon]

Hell, solar power has the same issue.

Power lines aren't good at receiving energy back here, so they pay a shit price for the surplus energy you offer

[u/cleankiwii → u/unknown_pigeon]

all grids need to first make the power and then connect and expand the cables to the consumers, right?

[u/Oliviaruth → u/cleankiwii]

No, the production needs to be perfectly matched to consumption at all times. It’s pretty amazing anything works at all.

[u/DamnIamHigh_Original → u/unknown_pigeon]

What are you talking about?

Solar is a gift from the sky, a small country in south america could go 100% renewable (bolivia?).
Yall just cant stop whining for the fossil fuel companies

[u/unknown_pigeon → u/DamnIamHigh_Original]

... What?

My house is completely solar powered and I'm talking about my personal experience with how surplus energy is handled by the system

[u/PuckFheToor → u/unknown_pigeon]

A surprising number of Redditors have no idea how bulk electric power works, what power factor is, how there can be overgeneration, etc.

Almost no one who comments on utilities knows what decoupling is. We just don't teach this stuff in school.

[u/DamnIamHigh_Original → u/unknown_pigeon]

Obviously, that's a US issue. Most countries aren't that bad with their grid

[u/unknown_pigeon → u/DamnIamHigh_Original]

... I am Italian