Nick Sears became a bitcoin miner at age 17. He now sleeps at a mining farm in Washington state.
Nick Sears was 17 years old when he helped build a bitcoin mining farm in Dallesport, Washington.Bitcoin miner Zack Pettit skating on his work break at the SCATE Ventures mining facility in Dallesport, Washington.Nick Sears was 17 years old when he helped build a bitcoin mining farm in Dallesport, Washington. He was 18 when he wasfor the first time.
"I don't think about going to college at all, just pursuing further knowledge in the repairs of the miners," continued Sears. Once the physical infrastructure was up and running, Sears got into more of a rhythm. He's now up at 7 A.M. everyday and works from eight to four. He remains on site afterwards, just in case of an emergency, and there is a technician who works night shifts so that Sears can get some sleep."That's the cool thing about this job – I don't have a set routine that I do everyday," he said. "Every morning, I find what needs to be fixed.
Roughly every ten minutes, 6.25 bitcoins are created. In order to mint these new tokens, a global pool of miners are all contributing their computing power to running a hashing algorithm. But these miners aren't working in a vacuum. They're competing against each other to see who can unlock each batch of new bitcoin first.
"Every day, you find the machines that have stopped hashing, then you remove them from the rack, and you troubleshoot," he explained. "You've got to find the problem with the machines. You've got to find out why it went offline." Last month, Sears and another employee completed a virtual class through Bitmain to learn how to work on the ASIC chips on hashboards, as well as the power supplies of the S17s, one of the most popular machines now used to mint bitcoin.
Bennett, CEO of SCATE Ventures, is a self-taught miner who started his business in his parents' garage back in 2017, just before the last crypto "winter," when prices of bitcoin and other cryptocurrencies plunged. Similar to Sears, Bennett once lived at one of his data centers – only he opted for an on-site camper, rather than a room inside the facility itself."All of our facilities are 100% hydro powered," said Bennett.
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