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This RTX Laptop Mining Farm Could Make $3.5 Million / Year!

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Take a look at this crypto-mining farm that could make $3.5 million a year using just 900 NVIDIA GeForce RTX 3060 gaming laptops!

 

Hundreds Of RTX Laptops Used In Crypto Mining Farms!

Not only gamers are affected by the limited supply of graphics cards in the market. So are cryptominers!

Chinese cryptominers now have to resort to buying up whatever GeForce RTX gaming laptops they can find, literally hundreds of them!

Instead of ASIC miners or GPU mining rigs, they are now powering their cryptomining operations with RTX gaming laptops!

We earlier highlighted the new trend of using RTX gaming laptops to mine cryptocurrency. It looks as this is more extensive that we first thought.

A Weibo blogger called 神鱼BTCer just shared even more pictures of RTX laptop-based mining operations, big and small.

Many appear to be pretty ghetto, placing the laptops in a kind of “tent mode” for better cooling, wherever there’s space – on tables, chairs or the floor.

But he also showed a seriously big crypto-mining farm being built using these GeForce RTX 30-series gaming laptops.

He even shared a short clip (part of the video we posted above), showing the cryptocurrency mining farm partially operational, with more being set-up.

There are 10 laptops per shelf, with each shelving unit capable of accommodating 60 laptops.

While not particularly large, this cryptocurrency mining farm has at least 15 visible shelving units, so that’s a total of 900 RTX gaming laptops when it’s fully operational.

Currently, it’s only partially complete, with about 200 or so laptops running, with many boxes of laptops left to open and setup.

 

How Much Money Can This RTX Laptop Mining Farm Make?

We had earlier shared about how a Bilibili content creator used an RTX 3060 laptop to mine 0.00053009 ETH while she sipped her coffee at Starbucks for 2 hours.

Based on her experience, we can guesstimate that the average GeForce RTX 3060 laptop will be able to produce :

  • 0.000265045 ETH per hour
  • 0.00636108 ETH per day
  • 0.1908324 ETH per month (30 days)
  • 2.3217942 ETH per year

Chinese electricity costs about RMB 0.545 (US$0.084) per kWh. Assuming each laptop uses about 250 watts of power (including whatever external fans they may be using), that works out to about RMB 1,200 or US$186 per year.

As of 11 February 2021, Ethereum is priced at US$1740. So here’s roughly how much this cryptocurrency mining farm would make, at that price :

  • 100 laptops : $385,392 per year
  • 200 laptops : $770,784 per year
  • 300 laptops : $1,156,177 per year
  • 400 laptops : $1,541,569 per year
  • 500 laptops : $1,926,961 per year
  • 600 laptops : $2,312,353 per year
  • 700 laptops : $2,697,745 per year
  • 800 laptops : $3,083,138 per year
  • 900 laptops : $3,468,530 per year

So there you have it – this small cryptocurrency mining operation can potentially make almost US$ 3.5 million in a single year.

But what’s the ROI, you say?

The Chinese OEM, Hasee, offers a GeForce RTX 3060 gaming laptop with a starting price of just RMB 6,499 (approximately RM4,089 / US$1,005 / £732 / A$1,309 / S$1,340).

And the video shows that this mining operation is using the same, or similar, Hasee RTX gaming laptops.

Let’s say they paid a 20% scalper’s premium, and purchased all 900 Hasee RTX 3060 laptops for a cool US$1,085,400.

Let’s further round that up to US$1.1 million for miscellaneous costs – shelving units, lights, fans, etc. including US$500 per month for rental.

Based on those assumptions, their net profit for the 900-laptop mining farm would be US$2,368,530 per year, at current prices.

That’s an incredibly high ROI of 17.9% per month, which is 67% higher ROI than the 78-card GeForce RTX 3080 mining rig!

After recovering the cost of the entire mining farm ($1.1 million) in just over 3 months, everything else they make after that is pure profit (after deducting rental and electricity costs), unless they are stealing the electricity!

With such great ROI, you can count on cryptocurrency miners to buy up ALL the GeForce RTX 30 series laptops they can get their hands on!

 

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Kingston IronKey D300S Encrypted USB Drive Launched!

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Kingston Technology just introduced an improved version of their D300 encrypted USB drive – the Kingston IronKey D300S. Find out what’s new and improved in the Kingston D300S encrypted USB drive!

 

The Kingston IronKey D300S Encrypted USB Drive Launched!

The new Kingston IronKey D300S encrypted USB drive introduces two new features to enhance its advanced level of security and ability to safeguard sensitive data.

Serialised Drive

IronKey D300S will have a unique serial number and bar code on the drive itself that allows network administrators to read or scan the code instead of plugging it into the drive.

When a drive is deployed, returned or during any physical auditing or asset management of hardware, this feature will make the process more efficient and streamlined.

Virtual Keyboard

The second feature, a virtual keyboard will enable users to enter a password with clicks of the mouse instead of a physical keyboard. It provides a greater level of protection against any possible keylogging when using D300S on other computers.

“We’re not content on standing pat with any of our products, no matter how good they are,” said Kingston “The data protection provided by IronKey D300 is already top notch, and we’ve listened to requests from our customers. These two enhancements in the D300 series add to its industry-leading data-protection capabilities. With Kingston’s 30-plus years of expertise in quality technology solutions behind it, along with the latest NAND Flash memory and controller technology, users of any D300 drive can rest assure that their confidential data and information are well protected from the risks and threats associated with loss, theft, or stolen digital devices.”

 

Kingston IronKey D300S Price + Availability

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The new Kingston IronKey D300S drives will also be available as a Managed model (D300SM) that requires IronKey EMS or SafeConsole by DataLocker , allowing central management of drive access and usage across thousands of drives.

This will be the first IronKey drive that will be supported on SafeConsole, thus enabling it to be used by customers who already have it installed.

IronKey D300SM will be available in the first quarter of 2019.

 

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Kingston Management-Ready Encrypted USB Drives Launched

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Hsinchu, Taiwan, April 13, 2016 – The massive leak of confidential documents recently not only reveal the hidden wealth of politician and businessmen worldwide, but also reiterate the importance of information security. Governments, corporates, and even individuals like us can never be too careful when dealing with sensitive materials. Kingston today announced two new hardware encrypted USB Flash drives that can be managed with SafeConsole by DataLocker.

 

Kingston Management-Ready Encrypted USB Drives

DataTraveler 4000G2 with Management (DT4000G2DM) and DataTraveler Vault Privacy 3.0 with Management (DTVP30DM) solve the needs of organizations required to meet Federal Information Processing Standards (FIPS) and protect data at the highest level across their mobile workforce. Both devices can be used as a managed solution via the SafeConsole Encryption Management Platform from DataLocker Inc., Kingston’s partner for encrypted USB drive management.

The new Kingston USB drives are both 256-bit AES hardware encrypted and FIPS certified (DT4000G2DM is FIPS 140-2 Level 3 validated; DTVP30DM is FIPS 197 certified) to ensure maximum corporate and personal data security.

Additionally, SafeConsole is the only secure USB management platform for secure USB drives with true password management – both remote and local. The platform enables secure resetting of forgotten passwords, activation of full audit trails, geolocation and geofencing to ensure cross-border compliance, automatic inventory, and a “remote kill” feature in the event of device loss.

Organizations should develop best practices to safeguard data outside of a company’s firewalls as data leaks become more prevalent and certain regions adopt regulatory policies. The European Union (EU) will soon enact the General Data Protection Regulation, which mandates that businesses strengthen their digital infrastructure or face significant penalties. Part of an organizational policy should include device-level management that allows control over LAN and Internet connections. This enables better tracking and auditing of data moving in and out of a company.

“Human error, malicious attacks and technical failures can place employee and corporate data at risk. Companies, agencies and organizations need to implement a security policy well before anything goes wrong as it’s critical to prevent non-compliance, fines and even financial loss,” said Nathan Su, Flash Memory Sales Director, APAC Region, Kingston. “Our latest encrypted managed USB drives, the recent IronKey acquisition and growing DataLocker partnership all demonstrates Kingston’s commitment to providing the most secure and largest family of encrypted USB solutions on the market.”

Kingston’s DT4000G2DM and DTVP30DM are available in 4GB, 8GB, 16GB, 32GB and 64GB capacities, and are backed by a five-year warranty, free technical support and legendary Kingston reliability.

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DataTraveler 4000G2 with Management Features & Specifications

  • Encrypted protection: With encryption, no one can see what you have stored on the drive without knowing the password.
  • Manageable: DT4000G2DM enables a complete set of centralized administration and management tools when used with server-based, control center technology of SafeConsole.
  • FIPS 140-2 Level 3 Certification: The drive is FIPS 140-2 Level 3 certified and TAA compliant, to meet frequently requested corporate and government requirements.
  • Customizable: Customize drives in a variety of ways, including serialization numbering, co-logo and customized product identifier for integration into standard end-point management software (white-listing), to meet internal corporate IT requirements.
  • Interface: USB 3.0
  • Capacities: 4GB, 8GB, 16GB, 32GB, 64GB
  • Speed:USB 3.0:
    • 4GB: 80MB/s read, 12MB/s write
    • 8GB & 16GB: 165MB/s read, 22MB/s write
    • 32GB: 250MB/s read, 40MB/s write
    • 64GB: 250MB/s read, 85MB/s write
    • USB 2.0: 4GB: 30MB/s read, 12MB/s write
    • 8GB–64GB: 30MB/s read, 20MB/s write
  • Dimensions: 77.9 mm x 22.2 mm x 12.05 mm
  • Waterproof: Up to 4 ft.; conforms to IEC 60529 IPX8. Product must be clean and dry before use.
  • Operating Temperature: 0°C to 60°C
  • Storage Temperature: -20°C to 85°C
  • Compatibility: USB 3.0 compliant and 2.0 compatible
  • Minimum System Requirements:
    • USB 3.0 compliant and 2.0 compatible
    • Two (2) free drive letters required for use
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DataTraveler Vault Privacy 3.0 with Management Features & Specifications:

  • Encrypted protection: All your data is protected by hardware encryption, so no one can access your data without knowing the password.
  • Manageable: IT professionals can enable a complete set of centralized administration and management tools when used with server-based, control center technology of SafeConsole.
  • FIPS 197 Certified and TAA compliant
  • Anti-virus protection from ESET: The drive is available with anti-virus protection to keep data safe from viruses, spyware, Trojans, worms, rootkits, adware and other Internet-borne threats.
  • Customizable: Customize drives in a variety of ways, including serialization numbering, co-logo and customized product identifier for integration into standard end-point management software (white-listing), to meet internal corporate IT requirements.
  • Interface: SuperSpeed (USB 3.0)
  • Capacity: 4GB, 8GB, 16GB, 32GB, 64GB
  •  Speed: USB 3.0: 4GB: 80MB/s read, 12MB/s write
    • 8GB & 16GB: 165MB/s read, 22MB/s write
    • 32GB: 250MB/s read, 40MB/s write
    • 64GB: 250MB/s read, 85MB/s write
    • USB 2.0: 4GB: 30MB/s read, 12MB/s write
    • 8GB–64GB: 30MB/s read, 20MB/s write
  • Dimensions: 77.9mm x 22.2mm x 12.05mm
  • Waterproof: Up to 4 ft.; conforms to IEC 60529 IPX8. Product must be clean and dry before use.
  • Operating Temperature: 0°C to 60°C
  • Storage Temperature: -20°C to 85°C
  • Compatibility: USB 3.0 compliant and 2.0 compatible
  • Minimum System Requirements:
    • USB 3.0 compliant and 2.0 compatible
    • Two (2) free drive letters required for use

Note: DataTraveler Vault Privacy 3.0 Anti-Virus is not compatible with Mac OS or Linux.

 

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