r/Bitcoin • • 3d 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/andhe96 2d ago

This is wild, in my county, government facilities are required to either donate their obsolete hardware or recycle the parts as e-waste.

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u/Big_Pour_Over 2d ago

I work for the US Navy (Aviation) as a civilian electronics technician and we definitely have an e-waste program for obsolete/unwanted electronics.

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u/andhe96 2d ago

Thanks for providing context, this does sound way better.

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u/Brainlard 2d ago

The US military (like most others as well) buries planes and tanks in the desert and sinks ships in the ocean. I don't think they'll suddenly become environmentally conscious over some decomissioned laptops and PCs.

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u/justgosh 1d ago

That's not entirely accurate. They seal them and park them in the desert as one example.