I accept this might be very dull.
So I have been gradually plotting since June and have reached 2000 plots or 0.2PB.
I have 1x 24 drive Netapp LFF disk array full of mainly 8-12 TB drives all ex-data centre bought for around £8/TB and have just started to fill the second array with more repurposed drives.
I run a Dell R415 as the farmer, which also runs a VM with Flax farming on it. Flax accesses the Chia plots via network share, but it is the VMware internal network so it doesn’t cause missed challenges etc… I have a Dell R620 as a plotter with dual E5-2670 processors and 384TB ram.
I have been pooling since official pooling came out and have replaced all my previous 500 OG plots with OP plots. Started with Maxiopool then moved to FindChia.
I just hit 4 XCH today entirely farmed. I have not bought any XCH.
I have about 35 XFX entirely farmed.
I have used around 3400 kWh of electricity so far, prices are high-ish where I am and my rack is at my workplace where businesses pay VAT on electricity at 20% not 5% like domestic users. I am moving soon and plan to relocate the rack somewhere at home where the heat will be a desirable byproduct.
Obviously, at this point, the electricity is a sunk cost and I am nowhere near breaking even on that, although the server rack and other equipment (all secondhand) can be sold or retasked - I am thinking about starting a Storej node once I move and have a better internet connection.
What I have learned:
- How rack mounted servers generally operate.
- A fair bit about crypto currency.
- That a huge amount of still very functional ex-data centre equipment is out there and very reasonable.
- Buying this equipment, testing it and selling it on is quite profitable and stops it going into the waste network, at least for a few years.
- That at this stage we cannot know whether Chia will be worth it in the longer term, we either have hope/faith or we do not.
- That the 9-5 job whilst less interesting, is probably going to earn me more money, because making money from crypto isn’t a skill it’s just a gamble. However, its a gamble I am enjoying, which is the point.