CryptoBoreas - Canadian Bitcoin Mining Hosting (As low as $65 CAD per 1 KwH) - page 3.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: gs777 on November 02, 2017, 04:54:31 AM

So, did you solve problem with power/room for new miners?

Sort of. We got a new shop but its capacity is already sold out. Next year we expect to get a power upgrade for our existing shop, but we have 153+ people on our customer waiting list. If you wish to be added to the list send us an e-mail via the contact form on our website. The demand for hosting in insane!

Given the super high BTC price at this point it makes sense to host gear even with high cost providers. Once difficulty catches up lower cost providers such as ourselves will still remain the best deal for the long term though.

gs777

member

Activity: 118

Merit: 10

So, did you solve problem with power/room for new miners?

allinvain

legendary

Activity: 3080

Merit: 1080

Just a status update for all of you guys who follow or come across this thread. We are currently at max capacity. We are working on adding some power for the short term, but I cannot promise when and if that will become a reality. Use the contact-us form on our website @ cryptoboreas.com to request to be added to our customer waiting list. I will then notify you when/if power is available. For next though we will have more power available.

Happy mining!

allinvain

legendary

Activity: 3080

Merit: 1080

Hey guys, sorry for the late reply, I don't monitor this thread all that often. The best way to reach us is to email us by using the contact us box at cryptoboreas.com.

@jasonal

At the moment we are at full capacity but we're working on expanding. E-mail us and we can add you to our customer waiting list. We technically do have an annual contract option but there is no price advantage to going with an annual plan instead of the typical 3 month pre-paid. No additional charges or setup fees. No remote access for low consumption miners (limited bandwidth). Yes if the device fails we provide support.

@gpsdnet

E-mail us via our website cryptoboreas.com and we'll add you to our customer waiting list cause at the moment we have no room and the queue is getting very long. There is a crazy amount of demand for hosting it seems.

jasonal

full member

Activity: 163

Merit: 100

Hello @allinvain,
Do you have room for 2 Antminer L3 + asic miner?
Do you also have an annual contract option?
Do you have additional charges for installation and similar operations after we send your device?
How do you provide remote access to the device?
If the device fails, will you provide support for the problem?

They have more responsibility but these are the main issues.
Thanks for your interest.

gpsdnet

newbie

Activity: 14

Merit: 0

Was wanting to buy some Miners and GPU based Rigs.

Was looking for a Hosting facility, and found this post.

Will try to reach you, to take things further.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: dovlet on June 19, 2017, 10:00:41 AM

Can we buy hardware directly from you?

No unfortunately because we don't keep inventory on hand. You can buy miners from our existing clients though. We thought about offering hardware ready to hash but that's something we plan to put into action much later when we finish our current project and everything is running smoothly.

dovlet

newbie

Activity: 2

Merit: 0

Can we buy hardware directly from you?

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: fusion0389 on June 15, 2017, 07:31:13 AM

Just wanted to give a shout out to CryptoBoreas, I've got a nice chunk of hardware hosted with them without a single issue. Keep up the good work!

Thanks! We appreciate the feedback!

fusion0389

sr. member

Activity: 324

Merit: 250

Just wanted to give a shout out to CryptoBoreas, I've got a nice chunk of hardware hosted with them without a single issue. Keep up the good work!

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: Creativity on June 07, 2017, 02:18:37 AM

Mhm... This would be the same as having $0.09/kWh electricity and no other maintenance costs?

Yes, 0.09 CAD which is 0.07 USD.

Creativity

newbie

Activity: 18

Merit: 0

Mhm... This would be the same as having $0.09/kWh electricity and no other maintenance costs?

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: Flanagan on June 06, 2017, 03:24:11 AM

Quote from: allinvain on June 05, 2017, 07:12:29 PM

I'm confused as to what you're trying to say. Electricity cost is included in the $65 CAD/month. It _IS_ profitable to mine with us if you have the most efficient mining hardware.

Thanks again for a reply, What does this mean then : does not include power supply rental or assume that you will provide your own. ?

It means that if the miner requires a power supply and does not come with one built-in the $65 fee does not cover the _additional_ cost of a power supply. The customer has to either provide one (or however many are required to power the miner) or rent power supplies from us for a fee. This is standard policy across all crypto mining hosting companies.

Flanagan

full member

Activity: 204

Merit: 100

Quote from: allinvain on June 05, 2017, 07:12:29 PM

I'm confused as to what you're trying to say. Electricity cost is included in the $65 CAD/month. It _IS_ profitable to mine with us if you have the most efficient mining hardware.

Thanks again for a reply, What does this mean then : does not include power supply rental or assume that you will provide your own. ?

allinvain

legendary

Activity: 3080

Merit: 1080

I'm confused as to what you're trying to say. Electricity cost is included in the $65 CAD/month. It _IS_ profitable to mine with us if you have the most efficient mining hardware.

Flanagan

full member

Activity: 204

Merit: 100

Quote from: allinvain on May 14, 2017, 08:05:14 AM

Quote from: Flanagan on May 14, 2017, 07:36:19 AM

Quote from: allinvain on May 14, 2017, 07:10:25 AM

Quote from: Flanagan on May 14, 2017, 06:49:11 AM

Hi, This business seems interestin.
Sorry for the for dummies question, how does this work ?
Do I have to buy a mining device, such as Antminer or other, then send it you physically and pay the hosting fee and you send me the earned bitcoins monthly ?
Please let me know, thanks.

It works just like server hosting. You buy and ship the miner to us and we provide you with power, space, and internet connectivity for a monthly fee. The miner gets pointed at whatever mining pool you desire so you get all the bitcoins mined. We invoice you on a 3 month pre-paid basis (month to month is available but it's more expensive).

Thanks for the prompt reply. So could you or someone inform me how much bitcoin I could make per month net based on your prices, as I have no idea and would like to consider investing in this.

We cannot give you a solid number. This is a calculation you will need to learn to do on your own. It all varies based on what miner you purchase and the miner's performacne metrics (how much power it consumes, the hashrate, etc). All we can tell you is that we ask $65 CAD per KW/month. So say if you were to get an S9 that consumes 1.3 KW and produces 13.5 TH. Ok, so using a simple bitcoin mining calculator that shows that the miner will mine 0.185 btc per month which is $331 USD per month at today's btc/usd rate.

Ok, so now for the hosting fees. $65 CAD x 1.3 KW = $86.45 CAD in monthly hosting fees (does not include power supply rental or assume that you will provide your own)

$86.45 CAD is equal to $63.10 USD. Subtract $63.10 from $331 = $268 USD pure profit for you monthly.

My suggestion is don't blindly jump into mining without taking some serious time to learn the details of this game and figure out if the risk is worth it for you (yes there are risks, it's not a money tree).

Good luck with your research!

In any case if I have to pay for the electricity, which is the real issue, then I don't see it profitable

allinvain

legendary

Activity: 3080

Merit: 1080

Website is http://www.cryptoboreas.com

Use the "Contact Us" form on the site to e-mail us.

However, I must mention beforehand that right now we have no spare capacity. We are working on expansion and we anticipate in max 3 months to have some available power.

Heike Reagan

brand new

Activity: 0

Merit: 0

Quote from: allinvain on May 14, 2017, 08:05:14 AM

Quote from: Flanagan on May 14, 2017, 07:36:19 AM

Quote from: allinvain on May 14, 2017, 07:10:25 AM

Quote from: Flanagan on May 14, 2017, 06:49:11 AM

Hi, This business seems interestin.
Sorry for the for dummies question, how does this work ?
Do I have to buy a mining device, such as Antminer or other, then send it you physically and pay the hosting fee and you send me the earned bitcoins monthly ?
Please let me know, thanks.

It works just like server hosting. You buy and ship the miner to us and we provide you with power, space, and internet connectivity for a monthly fee. The miner gets pointed at whatever mining pool you desire so you get all the bitcoins mined. We invoice you on a 3 month pre-paid basis (month to month is available but it's more expensive).

Thanks for the prompt reply. So could you or someone inform me how much bitcoin I could make per month net based on your prices, as I have no idea and would like to consider investing in this.

We cannot give you a solid number. This is a calculation you will need to learn to do on your own. It all varies based on what miner you purchase and the miner's performacne metrics (how much power it consumes, the hashrate, etc). All we can tell you is that we ask $65 CAD per KW/month. So say if you were to get an S9 that consumes 1.3 KW and produces 13.5 TH. Ok, so using a simple bitcoin mining calculator that shows that the miner will mine 0.185 btc per month which is $331 USD per month at today's btc/usd rate.

Ok, so now for the hosting fees. $65 CAD x 1.3 KW = $86.45 CAD in monthly hosting fees (does not include power supply rental or assume that you will provide your own)

$86.45 CAD is equal to $63.10 USD. Subtract $63.10 from $331 = $268 USD pure profit for you monthly.

My suggestion is don't blindly jump into mining without taking some serious time to learn the details of this game and figure out if the risk is worth it for you (yes there are risks, it's not a money tree).

Good luck with your research!

Can i have your website link or any email address because i am very much interested in bitcoin mining and looking for some one who host my machine in his mining farm specially in canada

allinvain

legendary

Activity: 3080

Merit: 1080

The issue with that idea is that the variables in this mining game change all the time.

It can be profitable with just one miner actually. It all depends on the miner you buy and at what price. A brand new S9 from Bitmain is very profitable right now with our hosting fees. Of course you have to take into consideration the ROI of the hardware (ie how long it will take until you get your original investment back) which can take 4 to 6 months depending on how the mining difficulty and BTC price behave. If you are still determined to learn about the mining industry I'm sure you will. It's not super hard stuff, you just have to invest some time to build up a basic knowledge base.

Flanagan

full member

Activity: 204

Merit: 100

Thanks, obviously I don't know much about this kind of business. Guess it might be profitable based on hosting several devices, not one only. Perhaps in the future you could add a for dummies section at your website with some examples of expected returns, something like :based on hosting 4 "x name" mining devices, total hosting cost per month= CDN$ N, total net returns for client = CDN$ N or something like that. Or maybe not....if you are at full capacity you probably won't run out of experienced customers at any time so no need to explain things in a more dummy like manner for people like me.

Topic: CryptoBoreas - Canadian Bitcoin Mining Hosting (As low as $65 CAD per 1 KwH) - page 3. (Read 33348 times)