The CoolTank 2.0

Project background  I started the project in January 2018 on the Bitcoin mining hype by purchasing a few ASICs from Bitmain. ASICs initially were located in the apartment but shortly were moved to the heat-insulated container with AC connected to industrial electricity in Jebel Ali (MFC). In April 2018, an overheating problem was raised and … Continue reading The CoolTank 2.0

Why I made the CoolTank?

In crypto mining profitability of operations heavily depends on difficulty of mining. Difficulty rises and share for each mining machine drops. Share drop affected by new mining farms joining mining and new more effective equipment availability for purchase. Mining operators have to continuously invest in new equipment, approx. every 2 years. So there’re plenty of … Continue reading Why I made the CoolTank?