Thoughts on the cooperation consultation meeting between power plants and miners organized by Chengdu Bitmain

Thoughts on the cooperation consultation meeting between power plants and miners organized by Chengdu Bitmain

Let me first talk about what happened
I am neither a big miner, nor a power plant worker, nor a full-time Bitcoin industry practitioner. I was fortunate enough to attend this conference. I would like to thank Bitmain.
I am a homebody and seldom go out. Last time I went to attend the Chengdu Blockchain Amway Conference organized by btc123, I arrived more than an hour early. So this time I found that the venue organized by Bitmain was even closer, so I didn’t take it seriously and didn’t reserve time.
I was still playing the World of Warcraft RPG map at 11:30 am. I was having a great time, but two equipment components just didn't drop. . I still hadn't finished playing until 12:30. I estimated that I could play for another hour. I thought it was not a good idea to keep going like this and not let my teammates down.
Maybe it was fate. At 12:50, war3 crashed. The error was "Insufficient memory!!!" What kind of error is there in line 16 of the cpp file? This shouldn't happen. I've upgraded my memory to 16G. I had to be at the venue at 2 o'clock, so I just let it go.
I hastily packed my umbrella, power bank, and thermos cup and went out. I remembered that I hadn't had lunch yet, so I bought some dry food and hit the road.
Finally, I walked to the subway station at a leisurely pace and arrived at the venue after about 8 stops. There were still 20 minutes left. I walked at a leisurely pace again and finally, with good luck, I arrived at the venue at 1:59.
What a coincidence, my name was printed on the last one on the sign-in sheet. I went to the restroom first and found that they used TOTO bathroom fixtures, which made me feel that this was at least a Class A office building.
The meeting started immediately. I arrived late and didn’t get a seat in the last row. It didn’t suit my preference for the back row, what a pity.

After a quick look, the first three rows are miners and potential investors, the middle three rows are people from various power plants and government investment promotion departments, and the people in the back are hard to tell, probably a mix of all kinds. There are about ten beauties (one is taking notes, one is taking photos and a cameraman, and the other forces are unknown). The overlap with the people at the last Amway conference should be less than 5%.
Mr. Li briefly introduced the situation of Bitmain, and then Mr. Fan introduced its development status. These are all common knowledge in the industry, so I will just repeat them.
The point is that S9 is still in small batch testing. The price must be reliable. If it is not reliable, don't buy it. I think the price should be around S7*3.
Bitmain is preparing to develop into the field of artificial intelligence. The corresponding chip wants to replace the computing function of graphics cards, which is about 10 times more efficient than graphics card chips.
(It will take about 17 years to release a product. I don’t quite believe it here. Could it be that Bitmain will overtake Nongqi and Nvidia? Originally, Mr. Li asked if anyone had any questions, but there were no small gifts for questions at this meeting, so I was too lazy to ask. But I have to say that Bitmain pays more than 100 million in taxes a year, and it can become TSMC’s largest partner in the north. It can also convene so many government officials from all over the country to hold meetings in Chengdu, which shows its influence in the circle.)
Then an excited miner asked when the S9 would go on sale and what the price would be. (I was so excited that I even suspected he was a shill. After all, if Bitmain really wanted to sell mining machines and you wanted to buy one, there was really no need to be so excited.)
The following are speeches by representatives from the power plant and the corresponding development zone government departments.
The first team to enter was the Inner Mongolia team
Dalate Banner in Inner Mongolia (I just finished playing World of Warcraft, I thought it was Dalaran...) Director of the Economic Development Zone (Mediterranean + white shirt + built-in white vest) First, the international practice was played again. The standard investment promotion film
Then there is the PPT. The key point is that we have a 40KW cloud computing plant in cooperation with Bitmain. The publicly executed electricity price is about 0.3 per kilowatt-hour. The goal is to achieve a preferential electricity price of about 0.24 for cloud computing projects (this is very good. From a macro perspective, Bitcoin mining machines are indeed cloud computing servers, providing HASH computing.)
Then they said that the land price was 59,000 yuan (I didn't hear the unit), and they provided 10KW and 35kw electricity (the power supply in the park is the same). Everyone is welcome to come to Dalat to build factories and develop cloud computing.
Then the director went down (during which time I saw him looking up the Bitcoin entry on Baidu Encyclopedia on his phone… This is one of the reasons why I like to sit in the back row)
Then the civil servants from Wuyuan Banner, Inner Mongolia, came on stage and played a promotional video + ppt
There are several pages in the PPT with the Bitcoin Forum logo (holding a Bitcoin) at the bottom right corner. I don’t know why (it later became the Wuyuan Banner logo).
He didn't seem to say how much the electricity price is. Wuyuan Banner is located in the upper reaches of the Yellow River in Dalat Banner. I know this. There is also the concept of the hometown of sunflowers. The whole PPT background of sunflowers...
Then a civil servant from Jiangsu Economic Development Zone in Ordos, Inner Mongolia, came on stage (he is relatively young and should be able to understand Bitcoin)

He spoke clearly and corrected his own PPT.
They said they have a lot of idle factories here and welcome you to invest and investigate. The electricity price is also similar (after all, they are all in Ordos)
It was halftime, and there were free desserts and drinks. I ordered a cappuccino (the 6 yuan round-trip subway fare was worth it).
During the break, I looked at the Antminer S9 mining machine displayed at the door. There was no one watching over it. I really wanted to take it back to mine without anyone noticing (the mining machine cannot realize its value without mining, it will be sad, I even heard the crying of the server power supply). Then during the half-hour break, everyone else was very active in consultation and communication, and I felt that I was the only one who came to join in the discussion.
Second Half
Some managers of small hydropower plants in Sichuan and Yunnan came... (The price of electricity is indeed cheaper during the flood season, but it may be unstable)
But I didn’t seem to listen carefully. Because at this time, a person next to me actually took the initiative to chat with me. . . (You also know that I can brag a lot. I bragged about how I can trade coins, mine, make altcoins, and build websites and promote them. In the end, he added me on WeChat, and the note was "Technical Zhang.")
This person is a person who has a temporary position in the power sector and works in an IDC service company. He has been doing Bitcoin mining machine hosting for two years.
(He said that if I was interested, I could introduce him to the customer hosting service, which charges about 0.4 yuan for electricity, and they would take care of any problems, or they would ask me to be the person in charge of this hosting business in the second half of the year.)
At this time, there was a person who ran a mining pool handing out business cards on site (it was strange that there were new mining pools in 2016... I wonder if they have received support from large computing power)
The next person to come on stage was the person in charge of the ant pool (probably the youngest person on the scene, young and promising)
First, we introduce several mining reward distribution modes (every miner should know)
Then I talked about how AntPool can create sub-accounts to optimize management (a bit like Microsoft Workgroup, but the innovation is not that big).
Finally, BTC.COM said that they would develop new businesses such as information navigation (but when I checked, it seemed that only blockchain.info was missing. This domain name originally belonged to a Japanese porn producer and was probably bought at a very high price)
At first I thought it was because the mobile version was not done well, but when I checked the computer version, it was just like that. (I saw that they were still recruiting in various ways, including product managers. Two years ago, when I failed in my coinknow.com business, Mr. Li wanted to ask me to go to Beijing for an interview for a product manager, but I looked at the recruitment and found that a bachelor's degree was required. Forget it, I'll just do my job while working on coinknow.com.)
Finally, Mr. Li said that there would be a free buffet at Buffet Global Food at 6 o'clock (I heard that everyone would go to XX place to get the lunch box later.)
I walked to the door, touched the S9 mining machine and said to it earnestly, I can't take you away, after all, Bitmain is going to treat you to a box lunch, I must have made a profit this time, you just stay here, maybe you are just a broken S9 that is used as a prop.
Then I went to Buffy to get a box lunch. At first I thought it was 50 meters away, but after looking at the navigation, I found that I had to walk 1.7 kilometers (for the box lunch, luckily I used to walk 10 kilometers a day as a communication line designer, so it didn’t matter)
When I arrived at the scene, I was shocked. There were two rows of waiters standing at the door. The standard must be quite high.
My jaw dropped when I walked in. There were about eight tables of various delicacies. I immediately searched on Baidu and found out that this buffet costs more than 160 yuan, and the wholesale price is probably 150 yuan. It was still packed (it seems that I have made a profit this time, thanks to Bitmain).
I was so excited that I turned around for a few times and didn't know what to eat (I recalled a post about how to get your money's worth from a buffet, which said that you should eat fruits first, then seafood and various meats, and finally various desserts like Haagen-Dazs). But I controlled myself.
I only took a portion of old duck soup, a portion of seafood porridge, a portion of bird's nest porridge, a cup of hot tea, some curry rice, and a piece of sushi. I ate while wiping my tears (these are all the blood and flesh of the leeks and retail investors. You can't eat too much. If you eat too much, you will go to hell.)
At this time, the mining machine hosting company who added me on WeChat appeared and said, it’s such a waste for you to eat so little! !
Actually, I was in the hospital the night before yesterday for gastric bleeding and was on IV drip (a bottle of Supasone to stop bleeding, a bottle of stomach nourishing, I don't remember what it was, and a batch of vitamin B to prevent vomiting, which lasted until 2 o'clock). You really can't eat too much hard food (I'm so sad...)
Then we chatted for another two hours with great interest.
During this time, I learned a lot of terms, such as the flood season (when I first heard them say that mining was related to Feng Shui, I was still confused and thought it made sense, after all, heat dissipation is also very important), the framework electricity price, the compensation electricity price, the heat dissipation method of the computer room, and the annual return rate of investment in mining.
We chatted for a long time but didn’t eat anything. Then the waiter came over and said you still have half an hour to eat. I hurriedly went to get something to eat.
After the meal, the party was almost over. I went to Mr. Li to express my gratitude. Thank you Bitmain, thank you Mr. Li.
(Because I am not a big miner nor a power plant worker, I thought that Mr. Li knew me and put me at the end of the list.)
Of course Mr. Li said he didn't know me at all (it's normal for people to forget things, after all, we just chatted a few words on QQ two years ago..) Fortunately, I thanked him in person, and it turned out that I didn't get the ticket after I came in, and if I left now, I would have to pay for it myself.
I thanked him several times at the end (Mr. Li’s eyes told me that you should not thank me, but Satoshi Nakamoto. I guess that’s what he meant).
Overall, this was a successful and victorious conference.
Then I went back to the dormitory and wrote this soft article to thank Bitmain (thanks Satoshi Nakamoto). I believe this article is still worth 5 Satoshis.
(1EDiHeXnde2gKnQ3i5Br4oTqZX3a4ivQsL, please put 5 satoshis here)
Summarize your thoughts
I didn’t lose money in this round. I made a lot of money and made some connections. In the future, I can at least work full-time in the mining-related industries. . .
The exact cost of Bitcoin mining
The local government's efforts to attract investment
Miners' personnel distribution and investment situation Specific mining cooperation methods
S3 S5 is also mining now
The current Bitcoin price that mining investors can afford
Various electricity price terms
Remuneration and benefits for mine maintenance engineers
What is the electricity price in the park?
What is the price of small hydropower?
How much is the price of wind power?
Do miners make any money?
But I won't discuss these details in the forum, and I won't reply if you ask me here.
If you want to know, go to coinknow.com and ask questions with Bitcoin points (I am the webmaster, I have no choice, I need traffic and also want to be included) Well, if I don’t have a stomachache tonight, I should be able to play that RPG map again tomorrow. If my stomach hurts again, I can only do a gastroscopy tomorrow. After all, I still sneaked a piece of steak (the meat of leeks) and a glass of strawberry guava juice (the blood of leeks) in the end. It’s a sin. Satoshi Nakamoto bless you


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