How do we avoid the trap of Bitcoin mining farm operation and maintenance?

How do we avoid the trap of Bitcoin mining farm operation and maintenance?

Although the people in the mining circle are low-key, it is generally recognized that there are many traps in the industry. Therefore, every link is strictly reviewed, from industrial links such as miner purchase, mining farm construction, formalities, operation, and maintenance to digital links such as platform construction, cloud hash rate sales, digital asset storage, and verification and distribution of income effectively protect the interests of users.

During these processes, we have encountered various problems, especially in the early mining farm construction; land resources and power resources are two unavoidable problems. Today, I will give you a breakdown of the traps in the construction of mining farms and how to avoid them to help you mine fewer detours and mine more.

Mining farm infrastructure cost

Trap 1: Power resources

The types of electricity are divided into hydropower, thermal power, wind power, etc.

Comparison of advantages and disadvantages of power resources
Type of electricity	Advantage	Disadvantage
Hydropower	Inexpensive, abundant power supply, simple procedure.	Unstable water sources lead to unstable power generation and supply; many mining farms have limited water seasons and certain limitations.
Thermal power	Long-term stability.	High prices and complicated procedures.
Wind power	More stable and affordable.	The environment is harsh, the sandstorm is significant, and it is not suitable for miners to operate.

No matter what kind of electricity is used, procedures are the top priority. Whether cooperating with intermediaries, local government departments, or various enterprises, compliance with electricity use procedures is essential. Without compliance procedures, it is impossible to build a mining farm.

Electricity price is a susceptible economic condition in the mining industry. It is the shared dream of all miners to find low electricity prices. Still, it is also necessary to realize that some lawbreakers see this and engage in illegal activities under the pretense of low-priced electricity.

Trap 2: Purchasing

Mining is a 24/7 hour work since all the equipment in the mining farm operates 24 hours a day, so the requirements for the equipment are extremely high. If there is equipment, there is procurement. Procurement is a decisive factor in determining whether a mining farm can operate stably for a long time and directly determines the success or failure of a mining farm.

1) Power equipment

Power equipment is the core of the infrastructure construction of the entire mining farm. Transformers, ring network cabinets, high-voltage cables, etc., need to be purchased immediately after the construction plan is determined; otherwise, the construction period will be affected. The supplier of each type of equipment is essential; otherwise, it is prone to power outage maintenance, transformer oil leakage, etc.

In purchasing high-voltage equipment, it is necessary to communicate more with the power supply business. Some products need to be designated by the power supply business, which can save a lot of trouble in the detection process.

2) Other devices

Air switch socket: you get what you pay for; it is essential to choose a good brand.

Fan: When using cold and heat insulation materials, the insulation effect must be good.

Switch: A good switch can effectively reduce the problem of miner disconnection so that the operating rate of the miner can remain high and stable.

Trap 3: Construction

Details make or break, and so does construction. Therefore, different foundation works should be adopted according to the different geological conditions in different places.

In terms of cables: all cables should enter the cable trench, and the cables should be placed in layers with brackets; the corners of the cables should be protected. At the same time, if the cables cannot enter the trench, they must be protected on the bridge, and all cables should be painted with fire-resistant paint.

Construction: exterior walls, shelves, waterproofing, etc., are essential, and water curtains, louvers, cold and heat isolation, dust nets, etc., are all standard. In addition, the gaps above and below the water curtain and the gaps around the fan must be sealed. For workshops with more than one floor, the seams of the laminates are fully welded and sealed to prevent water from falling onto the lower miner.

Waterproofing project: The water pump should pump water to the top of the building and then supply water to the water curtain. Therefore, the water curtain is partitioned and linked with the water pump, which is convenient for good management. Similarly, the fan is also partitioned.

Trap 4: Operation and maintenance

The work of operation and maintenance includes personnel costs and management, external dependencies required for operation and maintenance, and billing solutions. If these problems are not handled properly, it will quickly lead to the loss of the interests of the mining farm, a prolonged return period for the mining farm, a high turnover rate of the team, and low operating efficiency.

1) Operation and maintenance personnel cost and management

In the face of a multi-person team, it is necessary to form an excellent working atmosphere, introduce a performance appraisal system, give scores in terms of technical level, hands-on ability, work attitude, etc., and formulate a reward and punishment system to form healthy competition.

In addition, to ensure the consistency of the work of each mining farm, the real mining farm will hold regular internal training so as not to cause differences due to the management style of the person in charge of the mining farm.

2) The impact of external conditions on operation and maintenance

Mining farm power resources, network, and temperature control are essential factors that affect the operation of miners. When choosing a mining farm, the authenticity and reliability of the venue and partners should be fully considered.

In the initial stage of mining farm construction, a professional infrastructure department is required to help evaluate the construction plan and progress. At the same time, network engineers are also required to design topology structure and equipment selection to avoid problems such as insufficient miner caps or a chaotic architecture that is not easy to maintain and difficult to operate when fixing IP.

3) Billing solutions

The operation of miners requires a lot of power resources. Still, when the transformer is damaged, and the meter's reading is missing, the electricity bills to the miners are difficult to check, or when there are problems such as calculating the monthly profit of the mining farm, commissions for custody orders, etc. So the operation and maintenance team worked out the billing system.

The construction of a mining farm is a project that integrates human, financial, and material resources and requires the cooperation of many parties to solve the problem jointly. Mining is easy, but building a mining farm is not easy.