How much electricity a mining farm consumes

With the help of an online calculator, you can find out how many kilowatts per month consumes a mining farm. If the calculated result will not suit you, it is worth changing the equipment (all or partially) or choosing a different algorithm of action to work.

Regional electricity tariffs as a way to save money

Reduce electricity consumption in mining can be reduced even without replacing the equipment with more energy-saving equipment. To save money, it is enough to choose the cheapest tariff plan. According to Energovopros, the most expensive electricity is in Moscow, while the most favorable conditions are in Krasnoyarsk.

These are the latest official data. Since the day of their publication, light prices have increased by an average of 5%. The table showed that if too many resources are consumed by video cards for mining, it is worth switching to a more favorable tariff plan or thinking about placing the crypto farm in another region. So, for example, the best from this point of view will be Krasnoyarsk, Ufa or Chelyabinsk.

How to reduce energy consumption

In addition to connecting to more favorable tariffs, there are other ways to reduce energy consumption:

• Upgrading outdated “iron” to a more modern one. You don’t have to do this all at once. To spread the costs over time, you can start with power supplies.
• Using immersion cooling. An alternative to the usual ventilation system for computers will be a dielectric liquid in which video cards are immersed. Yes, this is an expensive investment, but in the long run the equipment will pay off.

Electricity consumption by a mining farm can be high due to an unobvious problem – outdated wiring and equipment. This is due to high losses. In addition, old wiring is banally unsafe and can cause an accident, short circuit.

With the help of utilities

Optimize costs can be optimized with the help of special utilities. As an example, the MSI Afterburner program is perfect for such purposes.

In it, by adjusting the Power Limit parameter, miners overclock the hardware, increasing its performance. In this way, it is easy to find a balance between the amount of energy consumed and the income from cryptocurrency mining.

Overclocking can void the warranty and damage the equipment. Changing the parameters of the technique should be done with caution.

BIOS settings

Raise the hashrate of the equipment and optimize its operation can be done by reflashing the BIOS. It is recommended to do this separately for each video card, and only memory timings should be changed. The algorithm of BIOS reflashing depends on the manufacturer of the hardware, as well as the programs used for configuration:

• Polaris bios editor or ATIFlash for AMD.
• NiBiTor or NVFlash for NVIDIA.

If you do everything correctly, the speed of hashrate calculation can increase by 20-30%. At the same time, power consumption will either increase insignificantly or remain at the same level.

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