i cant understand why this company keeps releasing miners that wont make a return?
?
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Free AC makes a huge difference. We run an ASIC farm and were lucky in that we negotiated 1600 AMPs of power included in our lease, years before we got into (or before BTC even existed).
So I think it really just depends on your situation. For the average Joe who pays regular rates for AC, mining is not a game to get into.
Strato
Jesus, 1600A of what, 600V 3Φ?
Mostly 110 20 amp with 20 amp recepticles (orange grounded T), but the core room is mostly 3-phase 220 and we have distros. The building is 11,000 sq feet, 2 levels, so the panels are broken up, for instance a single upstairs panel has 30 20amp 110s, and some 15amps + a 2 3 phase (I believe 60 amps)/30a/220. We're a film production facility so it's built to draw lots of power for studio lighting, edit suites with large workstations, etc. The 1600 is in addition to the AC breakers - not sure what those are, I believe they are 480v.
When we signed the 10 year lease 6 years ago - no the owner I don't think had any idea we would be mining bitcoin and drawing that kind of power 24/7. But it's written into the lease, and we insisted all copy from the lease be struck regarding "reasonable use", simply because I didnt trust that language. We said the only way we would sign is full service, not triple net - meaning power, taxes, cleaning, everything - is included under 1 flat monthly payment with a 3% increase in our lease payment every 12 months.
That said - 6 years later, we've built out quite the farm... Lots and lots of S3+s, just ordered last week 24 of the new S5 units from Bitmain, and we've got roughly 60 280x cards, and 40 270x cards - currently not running simply because we shut them down when alts started to become to much chase and not enough profit. We've considered either turning them back on or liquidating off the cards and mobos, psus, and cpus. Its amazing how timeconsuming the rigs are - anyone who thinks running that many gpu rigs is simply set up and run should think twice and run. It was a constant hassle of one issue or another every other day - pool down, frozen computer, hardware errors, etc.
So who knows. If we strike them back up our landlord will be less happy.
On the bright side I think our landlord understands that we are making money - and paying our rent on time every month. And it's not is place to say how we do it. We could just the same turn the studio into a 24/7 news outlet with a main studio and multiple inserts - drawing likely just as much juice - but who wants that hassle
In closing - our landlord is well in the profit from our lease - our monthly rent is $27,000... so while he does roll his eyes when he sees them running we've convinced him keeping us in the green is good for all parties.
Strato