How to set up mining in the garage

3주 ago 0 22

Mining cryptocurrencies can be lucrative, but not all users have the space or resources to organize a farm. Mining in the garage is a way for those who want to do business on a small scale. The editorial staff of Crypto.ru determined the necessary characteristics of the room, as well as the features that need to be taken into account when setting up.

Advantages and disadvantages of a mining farm in the garage

A small room can be more profitable than a large building. Garages are separated from the living space, which reduces the noise generated by the equipment. They also have their own entrance, making it easier to bring in and install mining equipment.

However, disadvantages are also present. For example, outbuildings are often not insulated, which can make them too hot in the summer and cold in the winter. Such premises are not designed for powerful electronics. This can make it difficult to supply the necessary amount of power.

Pros	Pros
Low cost of renting a room – you can find a price starting from $60	Impossible to scale up mining in a single garage
Simplified transportation through a separate entrance	Weak power supply
Additional security	High level of contamination
Separate room in non-residential area	Noise will disturb cooperative neighbors
	High temperature in iron structures in summer and spring

Features of the arrangement of a cryptocurrency farm in the garage

To work legally, it is necessary to formalize an IE or self-employment. You can choose a simplified tax system and pay 6% to the state.

Internet

For the operation of the farm requires a high-speed connection to the network. You need fast data transmission and reception.

You can check the quality of connection through the SpeedTest service. It is necessary to make 10-15 measurements during the day.

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Wired Internet is preferable, because it works more stable and faster. The selection criteria are as follows:

Ping – should be stable throughout the day.
Speed – standard 100 Mbit per second will do.
Traffic – unlimited. So the user is insured against sudden disconnection of the Internet.

If it is not possible to conduct a fiber optic, you should use a 4G router. It is necessary to choose a room in the city limits. Connection in the village or village can be unstable due to the small number of towers.

Microclimate

In the building it is necessary to maintain a temperature of 10-25 degrees to prevent overheating of the equipment. Acceptable humidity is not more than 50-60%. This will prevent the formation of static electricity.

The farm generates a lot of heat. You need to make sure that the room is well ventilated.

For mining, it is recommended to install a cooling system.

The following options can be used:

Coolers or heat dissipation equipment. In summer and spring, you can install an air conditioner.
Water cooling. The farm is immersed in immersion fluid. Noise and heat levels can be reduced by 10-15%, compared to air-cooled. However, the cost of installation is higher.

Wiring diagram

It is important to properly place and set up the mining equipment so that the farm is cooled, has access to the network and is supervised. The general scheme of installation:

Connect the technique to a power source (socket or dedicated electric cable). A qualified technician should be contacted if wiring is needed. Do not connect the power supply without the necessary skills.
Connect the equipment to the Internet. It is necessary to call an engineer from the operator company, which will conduct fiber optic fiber. If there is no technical possibility, you should buy a SIM card (4G only) and a router with a LAN connection.
Connect the farm to the controlling computer or board. It is necessary to place the ASIC or GPU at a distance of 10-15 cm from each other, so that the technique does not heat up. You can immerse it in immersion liquid. As a container, it is necessary to use special installations. Hardware can be purchased on resources dedicated to blockchain.
Install and customize the software. If desired, you can flash the ASIC to increase performance. To accelerate the GPU, you will need to download a special program.
Control the process. It is not recommended to leave the farm unattended. It is necessary to check the room at least once a day. You can install video surveillance to avoid theft of expensive hardware.

Useful tips

Compliance with basic rules will allow you to safely mine cryptocurrency in a garage or utility room:

Before starting crypto mining, you need to do a general cleaning of the room. Dust can cause GPU or ASIC overheating.
It is better to choose a room made of brick or in an underground parking lot. The iron structure heats up more. Underground, the temperature is lower.
A wattmeter and electric meters should be installed. With these tools, you can track the incoming energy. So it is easy to calculate the cost of utilities.

Common mistakes of beginners

When mining in the garage, you need to make sure that all the rules are followed according to the checklist. Here are the most common mistakes that beginners make:

Insufficient power. Not enough voltages to run the farm causes the machines to shut down or not function properly. It’s also a fire hazard.
Slow internet connection. There is a delay in the data sent and received by the equipment. The phenomenon is referred to by the term reject. Due to slow ping, the pool does not accept the user’s calculations and refuses to pay the reward.
Lack of cooling. Saving on heat dissipation leads to overheating and breakdown of GPUs and ASICs. In summer, in garages made of iron, the temperature during the day can exceed 35-40 degrees Celsius.

Frequently Asked Questions

📢 How much power do I need to run my hardware?

This depends on the amount and characteristics of the hardware. For example, Antminer S9 consumes 1.35 kW.

🔥 What is the noise level of the farm?

A single ASIC produces an average of 80-100 decibels of sound waves. An integrated machine is comparable to a hammer drill in terms of loudness. Therefore, it is better to install the equipment away from residential properties.

📌 What kind of noise insulation can be installed?

A working asic can be heard 300 meters away in a quiet area. It is possible to install noise reduction – for example, placing acoustic foam or natural stone on the walls of the room.

✨ How long will it take to recoup my investment in mining?

It depends on market conditions and the power of the equipment. In January 2023, 20 Antminer S9 ASICs will yield $540 per month. The average price of renting a garage in Irkutsk is $80, the cost of electricity is 1.42 rubles per kilowatt. At the current bitcoin rate, the payback will be 3 years.

⚡ Is it legal to install equipment in a garage?

Officially in Russia, the extraction of cryptocurrencies is not prohibited. However, it is necessary to formalize self-employment or IE for legal business.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.