I've been researching ASIC mining hardware the past few weeks and from what I can take...

I've been researching ASIC mining hardware the past few weeks and from what I can take, they use a lot of power or electricity to function or to mine Bitcoin.
I guess mechanically speaking, would it be possible to ditch AEP/the grid/whatever company you connect your toaster to, and create your own electricity, store it, convert it into a/c, and wirelessly transmit the electricity via pancake coils? From there, someone could have their own remote "mineshaft" so to speak. Is this possible?

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under most circumstances, it would require a sizable investment and not be much cheaper than your grid.
well with the power requirements we're talking about, storage isn't much of an issue. You'll probably want to use it as it's being produced.
Unless you're storing it or you're using solar, you'll have it in AC form regardless. But DC/AC conversion is a fairly cheap process if that's the route you want to go.
This is one of Tesla's most famous pipe dreams. under most circumstances the answer is absolutely fuck no. He did want to build an extremely high tower and use the ionosphere as a resonant cavity but never got to finish it though. That might have some promise (though the general consensus is still "no"). This would be way the fuck out of the limits of what you want to do so you're probably just better off producing the electricity in the same location as you're mining the buttcoin.

Well, money isn't a problem, so cost isn't an issue. Also, pancake coils aren't a pipe dream as I've produced 4 different Tesla coils in the past and have successfully produced and used wireless energy. The only reason why today people say those coils aren't tangible is because there isn't an effective way to market them safely for the generally retarded public. (Lower & Middle Class)

They are not. the pipe dream is the ability to efficiently transmit said electricity. Sure you can light a lamp that's in the same room as your coil, but it only takes a couple of yards to make your whole setup completely worthless.

so why mine bitcoin in the first place?

Pure boredom really. I'm only asleep for about 4 hours a night so the other 20 hours I try to work and keep busy as much as I can. And the stock market is only open on the weekdays from like 09:30-16:00 lol. On top of that, I also work 56-64 hours a week at two jobs lol. But I like to tinker and build and figured this would be a good outlet for that

Just learn to program microcontrollers and make robots, man.

Been there, done that when I was 13 lol.
Except instead of robotics, it was more like hobby trains and gas powered RC cars lol
Besides from my knowledge, there's hardly any money in that field unless you work for some huge robotics conglomerate

You just said money wasn't a concern. There's not a lot of money in mining bitcoin either. The energy costs are generally greater than the income from it. I thought that was the point of this thread until you brought up the boredom angle.

Make a shitty fetish porn game and put it on patreon then. People empty their wallets on that garbage.

The last Tesla Coil I built landed me $6k when I sold it so that's the kind of range I want to spend on setting up this next prototype. What I'm having trouble with is the fact that the pancake coils generates too much heat for long term use. They're quite literally melting through my surfaces lol. Is there a material out there for sale that is non-conductive and resists high temperatures?

Not anymore, at least, unless you're one of the huge Chinese mining pools that already has a ton of ASICs as a sunk cost.

What OP should do, since he's apparently such a savant, is build a time machine, then go back in time an start mining Bitcoin several years ago.

Lol if I wanted to waste my time with garbage, I'd move to commiefornia and grow pot for those dirty hippies

Well supposedly there's only like a 1/3 left to mine from the total amount of Bitcoin so like wouldn't it make more sense to mine as much of that last 33.333% as fast as possible and just hold what you get to drive up the price?

The difficulty of mining Bitcoin is variable. I don't keep up with Bitcoin news, but I would imagine the difficulty is currently high. It would likely take a significant upfront and ongoing investment to mine a significant portion of the remaining coins. If you have access to cheap electricity and a few million dollars burning a hole in your pocket, it might be worth it.

Also, simply "holding it" will not necessarily increase the value of Bitcoin. It's volatile, and could be rendered extremely valuable or nearly worthless in a number of scenarios.

Well all that states is the risk associated with crypto currency lol. So you're saying it's better to bow to the words of the CEO of JP Morgan than to create opportunity and profits?

Ceramic?

I don't have access to a kiln or I'd use it lol.

That's a pretty good idea though, I appreciate your input.

So this is what I've come up with so far:
I need to rent a section of a warehouse that's right around 12,000 sq ft for the amount of equipment I want to house. Then gotta set up wind turbines to power the Tesla Coil. I figured about a dozen of these would work since each Antminer S9 uses 1375W +7% at the wall. Where I'm getting stuck is at the point which I need to figure out how to keep everything at a cool, safe operating temperature and making sure the pancake coils don't melt my surfaces. Also indoor humidity might be a factor too so the other problem I see is making sure everything stays dry to prevent any shorts in the equipment.

A facility with HVAC systems would be nice lol but you don't find too many of those out in the country. There's way too many variables trying to account for if you'd try to build this in a city. (Fire risk if stuff gets too hot, high property taxes, there's higher crime rates in cities than in the country so I'd might have to hire a security guy or two, ect, ect, ect) That's what I meant about this being a remote bitcoin mineshaft lol.

Then once I've mined or gathered to my goal, I would shut it all down, sell the equipment, get a return on the investment, and move on to the next thing that piques my interest lol.

Bump

What about installing turbines in the ceiling directly above the coils, which will siulntaneously redirect the heat out of the building and generate some auxiliary electricity to soak up the losses?
As for humidity, most A/C units will blow out dry air because a lot of the moisture from the outside air will condense in the unit, and just drip out the bottom, thus serving a dual purpose for you.
Hot air from the coils moves up and out of the building through turbines, and cold dry air is sucked in through A/C units. I'm not sure is it'd work so well for what you're doing, but there's a reason server rooms never have dehumidifiers.

Put everything in a sealed container and run cold air in one end and have most of the hot air going out the other end.

Or have two open lanes of racks facing each other with vents on the floor running between them. Cold air comes out of the floor and into the front of the racks. Hot air just goes out the back or gets vented outside.

Small data centers will do this, but it might not be enough if you are expecting things to get really hot. I used to mine crypto and it basically heated my house all winter.

Yeah, no. I'm trying to keep that heat footprint as tiny as possible

Why do you keep saying 'lol' you annoying nigger lol

Think like a nigger and just hook up you're power illegally and use that

Nigger, just ditch the tesla coil. Transferring power remotely is inefficient as fuck. There's a reason Tesla wanted to build a giant fucking tower to reach the ionosphere in order to accomplish it.

So you're saying it's better to just go ahead and build the tower? Thanks dude lol

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Tesla's penis would erect from the grave if you did.