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HarryHacker42 t1_j9ur402 wrote

That's not a "rig", that is 11 "rigs" or more. Assuming 300 watts each, which is really low given that's just one video card at full power, it would be $665 per month (28 cents/kwh in MA). For three years, that would be $18k. Or, maybe they consume 600 watts each for 1.5 years.

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convalytics t1_j9v7gn3 wrote

Those types of rigs (ASICS) can easily run at 1,000 to 3,000 watts each. (Not disputing your general math. Only the assumption that these are only using 300 watts each.)

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rood_sandstorm t1_j9w03c3 wrote

Got a chuckle from me. Also those things are loud like vacuum cleaners on full power

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schizoballistic t1_j9w1jmk wrote

Yeah and they fry out easy if you aren't careful. Power supply connectors were black on mine after neglecting it for a week

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EasternMotors t1_j9vsu8u wrote

Investigators said the mining equipment was in use from April 28 to Dec. 14, 2021 and cost $17,492.57 in electricity, according to a police report.

https://www.bostonglobe.com/2023/02/24/metro/man-accused-running-crypto-mine-out-cohasset-school-appears-quincy-court-arrest-warrant-canceled/

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HarryHacker42 t1_j9vwbnk wrote

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Possible-Novel9334 t1_j9wbwfy wrote

First report is from SMH in Australia and used local currency, second from Faux news in USA and also used local currency.

Exchange rate currently 1 AUD = 0.67 USD so the "almost half a billion" AUD in the first article equals the "more than 300 million" USD in the second.

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blahbleh112233 t1_j9uxfnw wrote

Still kinda smart. And I thought I was crafty by having an Aerogarden at work...

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OnlyFlannyFlanFlans t1_j9uwy2f wrote

If you'd only read the article, you wouldn't need to do the calculations since $18,000 is given as the exact figure.

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Van_GOOOOOUGH t1_j9uy354 wrote

Well then even more credit to the guy for getting the math spot-on correct even though he didn't read the article

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Graega t1_j9uzh1v wrote

Or he did read the article, and calculated the total down to a per month to make it seem like he got it spot on without reading the article.

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HarryHacker42 t1_j9v32y8 wrote

I read the article, got the $18k, and tried to figure out how a "rig" would use $18k. It only makes sense if it is 11+ rigs because one just isn't going to use that much. But with 11 rigs, it can be possible.

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geekmasterflash t1_j9vouo2 wrote

He could have them in parallel/clustered, so despite being several physical devices it would not be incorrect to call them one mining rig/system.

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nullrecord t1_j9urdka wrote

Pffft, what an amateur. Everyone knows you hide the mining rig in the server room.

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[deleted] t1_j9uu5ja wrote

[removed]

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AutoModerator t1_j9uu5pd wrote

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jacksonpsternin t1_j9vp64w wrote

How are people supposed to get karma if a sub doesn’t let them post? I know this is an auto comment but this is also some bullshit.

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BaconIsAVeg2 t1_j9w4akz wrote

> 2 weeks old or have at least 250 combined link and comment karma

If they've just joined Reddit, they're supposed to soak up the musty culture, or post shitty gifs they found on the internet, before they can contribute to our high brow comment tomfoolery.

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geekmasterflash t1_j9vo9zz wrote

lol, I work in a colocation facility. We have hundreds of these mining setups. It used to be thousands, but a lot of people have begun to realize the cost in electricity to the rate of return on actually mined coin is no longer profitable and hasn't been for almost 6 years, at least.

I would not be shocked if despite running this for potentially months to years before being caught, I would bet dollars to donuts it never generated anywhere near the $18,000 he is being charged for.

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schizoballistic t1_j9w1rzn wrote

Yeah. After the halving in 2016, they were pretty much just heaters

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ThellraAK t1_ja1smml wrote

I just wish you could get these older ones cheaper.

With the price of diesel where it's at I do actually run space heaters as it's a bit of a wash on electricity vs running the boiler.

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someone76543 t1_j9z9m9u wrote

That would be why he stole the electricity instead of paying for it.

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dreamwarrior22 t1_j9wp8tx wrote

I installed our school's bitcoin miner in the electrical room. It was the loudest room in the school and that miner was super loud. The miner was a school approved fundraiser idea and mined 400k dogecoin in 2 years. It was highly successful in that it made our school over $700. Unfortunately if we had held the coins today it'd be worth $30k.

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BocchiTheBock t1_ja6cu0h wrote

>The miner was a school approved fundraiser idea and mined 400k dogecoin in 2 years. It was highly successful in that it made our school over $700.

If the miner consumed 300W (low end estimate) and ran for 2 years (17 520 hours), that's 5256kWh, which would cost $1314 worth of electricity at $0.25/kWh

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Substance___P t1_j9xotj1 wrote

He should have done it in a hospital. Hospitals use exorbitant amounts of electricity.

And if a decade of working in a hospital has taught me anything, it's that people in hospitals are not curious about anything. They will not move anything that's not theirs, sometimes for years.

Seriously. I once noticed two extra PC towers under a nurses' station and nobody could tell me what they were for. They were there for years. I once did an experiment where I took a trashy romance novel from the hospital lending library and put it on the desk at the nurses' station. It was there for about three months before it wasn't there one day. I bet if you get a boring-looking PC case and some quiet fans, you could easily plug it in somewhere and nobody will ever notice or care.

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hawkxp71 t1_j9y4gx5 wrote

Agreed. Only issue would be you getting access to it again. Your not getting on their network with the box, so you would have to go in person.

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Substance___P t1_j9y6gi2 wrote

Access the machine from guest wifi?

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hawkxp71 t1_j9y6xki wrote

Usually the guest wifi is in a dmz, so joy there.

Also, you would have to be a pretty incompetent it team, to let any switch route any data from an unknown machine at a hospital.

I'm sure you could hack around and find a valid net mask and gateway, and then plug in with a static IP address, and hope they don't block you at the nearest switch.

I just think you would have to be computing locally without network access

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Substance___P t1_j9y70sr wrote

Get one of those Verizon mobile data points with a data plan. Still cheaper than the power.

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hawkxp71 t1_j9y74oj wrote

Yes, but that assumes you can get cell coverage, which is always a problem at hospitals :(

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Psychological_Lime51 t1_ja1au0o wrote

So use a reverse proxy to route over the internet, or just have the rig connect to you instead of the other way around.

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Malforus t1_j9yh02q wrote

Well hospitals also suffer from "don't change it I need it" syndrome so bad.

So yeah hospital is a perfect mining hiding place in the network closet.

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fedge1 t1_j9vp22g wrote

Geez, he could have gotten away with it if he scaled it back to just a couple of machines. That kind of thing is just stupid dumb math.

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[deleted] t1_j9uqlgi wrote

[removed]

1

AutoModerator t1_j9uqlnb wrote

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1

marcyhidesinphotos t1_j9uvqtk wrote

I have a couple crypto miners in my office, disguised as a server. They don't make much but it's a nice little bonus. Plus they heat the office in the winter. Highly recommended.

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Van_GOOOOOUGH t1_j9uy8cg wrote

I bet it gets really hot in there in the summertime. Anyway I'm curious how much do you think it earns you per year?

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bobmcrobber t1_j9xadg3 wrote

It's a really great way to get fired quickly once someone finds out. You'll probably get sued by your employer as well to cover the electricity costs.

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ErinBLAMovich t1_j9uv101 wrote

Good for that guy. He was middle school facilities staff, which means he was paid peanuts. Might as well supplement that shit job with a mining operation.

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Blueshirt38 t1_j9uw6md wrote

Theft of taxpayer money is cool!

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NotARussianAgent t1_j9vhgb3 wrote

Theft of his labour is cool!

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geekmasterflash t1_j9vnomh wrote

Oh man, we should take bets on this one:

Is this person a cringe anarcho-capitalist/libertarian, or, are they a Marxists?

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bobmcrobber t1_j9xa9bz wrote

They've commented in antiwork and latestagecapitalism a few times

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geekmasterflash t1_j9xalxt wrote

Hmm, that might suggest the later, but I have seen ancaps convincing themselves that today's capitalism isn't capitalism and post on antiwork so you never know.

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bobmcrobber t1_j9xb5m9 wrote

Seems to be a center-right Canadian who likes 3d printing and wants New Brunswick and Nova Scotia to die a painful death

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bobmcrobber t1_j9xaoso wrote

Let's waste $18,000 in taxpayer money to operate a mining operation in the fricking crawlspace of a middle school

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