Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 64. (Read 771512 times)

Half would be 540 not 504 BTC. How did you get that share price from those dividends? 30% APY?

minerpart:
I understand that you see yourself as a brave little David defending Princess Ken from the nasty Goliath.
UR not.
Stop embarrassing the people you try to defend.

I showed his statement which made the 1-2 PH plan look void to be 100% incorrect, with hard evidence. Thanks for the support.  

minerpart ignores MrTeal.  Kids nowadays...

 
Wow, a 1 million square foot DC is an absolutely huge facility. I might be out of date, but that would have been one of the largest in the world just a couple years ago. That's going to be a multi-billion dollar renovation. I'm sure a facility like that could definitely squeeze in an extra couple MW without batting an eye.

minerpart - this is one reason why I (and several others) think you need to step back.  you lose any shred of credibility when you try to argue with an expert.

there is no power in the USA that is 1.7 cents.   When you buy a lot of power there are capacity charges, transmission charges and energy charges (there is other bs too but this is the bulk of it).   Capacity charges are based on the MOST electricity you used in the last 12-18 months (depending on your area) and it pays for the capital equipment of the power generator (hydro/nuclear have high capacity charges and low energy charges but it is a blend of all the plants that make up the power in that region), transmission is based on the utilities capital cost and is slightly lower when you take 460, energy is simply the variable cost of the electricity.
Most people are quoting the energy cost when they are throwing out these power numbers.   That is like saying the cost of driving your cab is only the gas you put in.

I didn't attack you I attacked your point, there is no personal attack in my post. There is a big difference, so don't take my post personally and don't attack me telling me I am 'weak' whatever that is supposed to mean.

I stand by my post - the local city denying you permission to carry out an electrical installation to operate your business is complete nonsense. Unless you live in Soviet Russia or North Korea now?

Remember, my position is not that we will absolutely have 1-2PH up and mining within Q2, but rather that there are data centers in operation right now that handle this type of operation. This all started with my question to Drawingthesun re: his estimated share price in the coming months.

Annihilation? By you posting a link to a building with a high power feed?

kleeck is giving reasoned arguments for the possibility for getting a large scale mine set up. I disagree obviously and think there's no chance that AMC is going to be able to do so, but I'm willing to debate it.

Your posting a link to an abandoned industrial site with on-site transformers is hardly the end of discussion you seem to think it is.

Please show us the quote where Ken says definitively what our power costs are going to be. I think you'll find another 'we have shipped products' type statement which is left wide open for him to come back later and say 'Hey, i didnt say those were our actual power costs, YOU guys just read it that way - your fault not mine...."


EDIT:

decided to find it for you...

The type of Data Center I use and am responsible for is not a rental space. It is for my company, exclusively. We do use one about 40 miles away that does have rackspace for rent that could absolutely absorb 2MW (they're currently expanding into a one million square foot renovation). Off the top of my head the one "room" (it's more like a hallway with hallways off of it) we have at the commercial space holds ten rows with 9 racks per row so that's 90 racks in one "room" if you're using both sides of the area.

Do not attack me.  Does that make you feel tough?  That is a real weakness.
I am asking a very specific question.   There is going to be 2PH/s deployed in 5 months.   How much will it cost to run it.   You are being dismissive that this is a problem. 
Kleeck has some expertise but does not seem to know cost and whether the scale would be possible at one datacenter.
My point (that you seemed to have missed) is, knowing the cost per GH/s of housing these miners is important.   Why?
Because then we could see if it was viable or not.  You seem like an intelligent person, so you must understand that if you have many variables in an equation, each one that can become as close to a known as possible reduces the range of answers.
I too, have some expertise in things, and I will tell you that by June, you cannot convert a building to do this.  Not even with NSA type money.  There are certain time constraints that cannot be overcome.
So, it would be a data center.   Not sure how much the rack would cost because I pay for a lot of bandwidth so having dedicated racks does not mean the cost is not blending into the bandwidth fee.
So, what if the fee for the rack space is $x and the amount of TH/s in the Rack is y (this is likely solvable with very little additional info based on power) and the network size in june is between a and b?  Then you could actually calculate if you could house (and make money) the miners in the dedicated DC space for the full TWO year contract they will make you sign.
So, information like that seems stupid to you?   I expect you bought shares on the IPO and in the aftermarket then.

How many of those datacenters will sell power at 1.7c/kWh? I'm sure he'd be able to find room for all the equipment needed in different DCs around his area, but I'm guessing he's going to be locating it in some place like Douglas County. There's not too many places with sub-2c/kWh rates even for industrial clients.

Half would be 504btc a month.

Weekly dividend of 0.0000126
Share price valuation of 0.002205
from how I do my shizz.

The only fantastical statements are being made by you right now. You ignored the complete annihilation of your last piece of FUD but now you continue.

Ignored.

The chips are not even scheduled to be available until Q2. I don't think it's dismissive at all to say the chance of having 1PH/s online in Q2 is almost non-existent. Even if the chips arrive at the very start of Q2, you're talking about doing chip bringup, board bringup, volume production and installation in the span of a couple months. Like I said, I'd be surprised if they could get a 1PH/s mine done by the end of Q2 if the chips were just rolling off the line now. An end of Q2 timeline for having that hashing power online given the information Ken has let out on chip timelines is fantastical.

Out of curiosity, what is the power budget for the DC you manage, and would you be able to add 2MW of hardware and say 200 racks (at 10kW per rack) without bumping out existing clients?

Let's say we get 1 PH out of 100 PH (1%), we would be receiving 36 of the 3600 BTC mined a day. In a month that would be 1080 BTC. Let's say half goes to dividends, (540 BTC / 10,000,000 shares) = 0.000054 BTC per share a month. How much is that worth?

I would venture a guess that there is a data center that can handle what ActM needs inside a reasonable driving distance from Ken. You seem to keep jumping to the conclusion that what ActM needs is so out of the ordinary that there isn't an outfit that can take them on. I'd say worse case scenario is that Ken works with multiple centers, spreading out the farm.

err yeah I guessed you need to do some electrical installation inside.

So now that your this  last 'impossibility' has been blown apart your next objection is that local city won't let you do some installations to allow your business to operate??

Just complete nonsense.

Ken has already stated our power costs, that to me says he has a location and has the power supply he needs. It's as difficult as paying a visit to a real estate agents.