Hardware

One way I keep up with the developments in cryptocurrency is I do watch some of the YouTubers since the YouTubers are generally following the juiciest developments to farm views. With the continued news that Ethereum is going to launch Eth 2.0 and is more or less on time (now called the “Ethereum consensus layer”, how catchy) how much denial there is around this fact.

Except we are way past that point now. It’s literally these YouTuber’s job to know that GPU mining is toast and today I’m going to expose how big of frauds they are, how they really built their mining farms, what they are actually doing vs. what they’re telling you and why, as well as explain what exactly is going on with Ethereum and why if you’re planning on being able to mine with those GPUs (at least above the cost of your electricity / profitably) the math is not looking good.

Let’s break down what neither the miners or the Ethereum developers want to talk about / remember and break it down!

One reality of cryptocurrency mining is that you are almost certainly going to need multiple units to reach whatever goals you have. The way most people do this is pay for / ROI on their existing units and then they will add more units and repeat the cycle again.

At first this is easy when you only have a few units but it gets more complex as you add more units. You will need better infrastructure and management tools as you scale up.
I’ve been going through this process for a ASIC farm build-out and wanted to share some of the tools I’ve found and used to make scaling up much more effective.

Today I’m going to cover an official tool from Goldshell called YottaBC that lets you do a lot of cool things like tell all of your miners to change pools at once, view the status of all miners in one fell swoop, fix miners that have lost their IP address and lots of other critical functions. Let’s take a look!

Recently Goldshell released the 2.2.0 update which includes the new “Goldshell Hub” (featured above) which is basically a cloud control center for your miners. I was able to upgrade 23 miners successfully but I had one Mini DOGE and one ST-BOX fail during the upgrade.

After a substantial Google journey and finding some very helpful posts on reddit I was able to recover both of them without waiting for Goldshell’s response on the situation. I will cover what I used to do so and where to find them in the guide but it is at your own risk and if you aren’t outside of your warranty support period you should almost certainly contact Goldshell instead.

With that caveat/warning given, I have 25 of these miners and only 1-2 were bought directly from Goldshell in the first place so I was not worried about losing my warranty or support period from them but you should be careful here and only proceed if you understand this. Let’s begin!