CryptoBoreas - Canadian Bitcoin Mining Hosting (As low as $65 CAD per 1 KwH) - page 7.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: squall1066 on September 01, 2015, 01:32:16 PM

Quote from: allinvain on August 29, 2015, 12:49:59 PM

Quote from: squall1066 on August 29, 2015, 09:48:21 AM

Great news, now I just need a miner, all the sales threads for those in Canada, your the first one to answer Roll Eyes

let me know if you can help me out with a unit or two Grin

lool, well I try to find a few good deals here and there where I can get them. Now that we have cheap power it makes sense to pickup a few miners if the price is right. There are still some sales from Canadian miners I think. There is one guy in Sudbury who is selling S5s for $340 US I think. Heck if you bought some you can have them mailed to our Toronto shipping address and we'll drive them up to Labrador.

Another option is to buy from US sellers on the East coast. Shipping from the North East to Labrador should be reasonably priced.

We don't really have any worthwhile gear for sale yet. We are thinking of buying bulk gear and offering cloud mining or actual miners for sale but we're not at that growth stage yet.

Just an open question I think should be shared, As I am a non-Canadian resident, would I have to prove it for your records?
I would like to pay paypal if possible, this is a varified UK account if that helps.

Basically asking if your KYC?

best.

Sorry it seems I missed your reply for some reason.

Well, we ask for your name and address but we don't ask you for any proof of ID or blood samples, or anything else extravagant.

Hmm, we'll see what we can do about the paypal situation. Paypal is sadly too expensive but if you insist on paying with it we might be able to make an exception just for you but we would have to charge you the additional 2.9% paypal fees.

squall1066

copper member

Activity: 2310

Merit: 1032

Quote from: allinvain on August 29, 2015, 12:49:59 PM

Quote from: squall1066 on August 29, 2015, 09:48:21 AM

Great news, now I just need a miner, all the sales threads for those in Canada, your the first one to answer Roll Eyes

let me know if you can help me out with a unit or two Grin

lool, well I try to find a few good deals here and there where I can get them. Now that we have cheap power it makes sense to pickup a few miners if the price is right. There are still some sales from Canadian miners I think. There is one guy in Sudbury who is selling S5s for $340 US I think. Heck if you bought some you can have them mailed to our Toronto shipping address and we'll drive them up to Labrador.

Another option is to buy from US sellers on the East coast. Shipping from the North East to Labrador should be reasonably priced.

We don't really have any worthwhile gear for sale yet. We are thinking of buying bulk gear and offering cloud mining or actual miners for sale but we're not at that growth stage yet.

Just an open question I think should be shared, As I am a non-Canadian resident, would I have to prove it for your records?
I would like to pay paypal if possible, this is a varified UK account if that helps.

Basically asking if your KYC?

best.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: squall1066 on August 29, 2015, 09:48:21 AM

Great news, now I just need a miner, all the sales threads for those in Canada, your the first one to answer Roll Eyes

let me know if you can help me out with a unit or two Grin

lool, well I try to find a few good deals here and there where I can get them. Now that we have cheap power it makes sense to pickup a few miners if the price is right. There are still some sales from Canadian miners I think. There is one guy in Sudbury who is selling S5s for $340 US I think. Heck if you bought some you can have them mailed to our Toronto shipping address and we'll drive them up to Labrador.

Another option is to buy from US sellers on the East coast. Shipping from the North East to Labrador should be reasonably priced.

We don't really have any worthwhile gear for sale yet. We are thinking of buying bulk gear and offering cloud mining or actual miners for sale but we're not at that growth stage yet.

squall1066

copper member

Activity: 2310

Merit: 1032

Great news, now I just need a miner, all the sales threads for those in Canada, your the first one to answer Roll Eyes

let me know if you can help me out with a unit or two Grin

allinvain

legendary

Activity: 3080

Merit: 1080

I have good news everyone. We've finally completed our new data center and we just got power hooked up a few days ago and thus are fully ready to accept your miners.

Price per 1 kwH/month is $75 CAD.
You can rent a 1200 watt DPS-1200FB server PSU for an additional $4 a month if you don't have PSUs of your own to send.

We accept every kind of miner.

We have two kinds of shipping options. You can either send your gear to Toronto or Labrador. We make regular trips every 15 days between Toronto and Labrador so if you want to send your gear to Toronto you can do that and we'll drive the gear up to the data center.

PM me if you're interested in hosting with us.

jokerboy

sr. member

Activity: 266

Merit: 250

Quote from: allinvain on July 31, 2015, 08:28:45 AM

Quote from: jokerboy on July 31, 2015, 08:10:22 AM

What if we exceed the kwh limit ?

Not possible as there isn't a limit. You only pay for what your miner consumes based on a metering of 1000 watts/h/month. What this means is 1000 watts non-stop consumption for a period of a month. Naturally if your miner say consumes 1500 watts, the rate would be 1.5 x $70. So the total rate you pay depends on your miner's power consumption. I hope I am making myself clear.

Yes, I get it. Thank you, I will think about it.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: jokerboy on July 31, 2015, 08:10:22 AM

What if we exceed the kwh limit ?

Not possible as there isn't a limit. You only pay for what your miner consumes based on a metering of 1000 watts/h/month. What this means is 1000 watts non-stop consumption for a period of a month. Naturally if your miner say consumes 1500 watts, the rate would be 1.5 x $70. So the total rate you pay depends on your miner's power consumption. I hope I am making myself clear.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: squall1066 on July 31, 2015, 08:07:03 AM

Quote from: allinvain on July 31, 2015, 08:01:32 AM

Quote from: squall1066 on July 31, 2015, 07:34:49 AM

Quote from: allinvain on July 31, 2015, 07:27:36 AM

I have an update with the price per 1kwH/month...and it shall be $70 CAD + tax (you only pay tax if you're a Canadian resident)

do you run KYC (know your customer) procedure? I am in the UK and all ways looking for cheep ways to run miners.

The cost of shipping one to you would be more than I would ever get back, Do you have access to anyone selling units near you so I could just pay and forget type deal?

No, at this time we do not have any KYC procedures as I do not think they are necessary based on our business model - we do not hold customer funds nor do we exchange or move money.

Ideally you'd want to buy gear from either Canada, United States or China (directly from bitmain, etc) and have it shipped to our data center. We do not know of any storefront around us that is selling miners. I'd suggest just scouting the for sale section of this forum.

Thanks for the answer, do you have to pay import duties if anywhere outside Canada tho?

Sadly yes, unless you buy the miners/good from a Canadian (ie local) source. We can help you reduce the import fees by having the item(s) shipped to our business name making it a commercial import and thus you'd have to pay just the GST (government sales tax) (which I believe is 5%). Hey, at least there is no 23%+ VAT like in the EU

jokerboy

sr. member

Activity: 266

Merit: 250

What if we exceed the kwh limit ?

squall1066

copper member

Activity: 2310

Merit: 1032

Quote from: allinvain on July 31, 2015, 08:01:32 AM

Quote from: squall1066 on July 31, 2015, 07:34:49 AM

Quote from: allinvain on July 31, 2015, 07:27:36 AM

I have an update with the price per 1kwH/month...and it shall be $70 CAD + tax (you only pay tax if you're a Canadian resident)

do you run KYC (know your customer) procedure? I am in the UK and all ways looking for cheep ways to run miners.

The cost of shipping one to you would be more than I would ever get back, Do you have access to anyone selling units near you so I could just pay and forget type deal?

No, at this time we do not have any KYC procedures as I do not think they are necessary based on our business model - we do not hold customer funds nor do we exchange or move money.

Ideally you'd want to buy gear from either Canada, United States or China (directly from bitmain, etc) and have it shipped to our data center. We do not know of any storefront around us that is selling miners. I'd suggest just scouting the for sale section of this forum.

Thanks for the answer, do you have to pay import duties if anywhere outside Canada tho?

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: squall1066 on July 31, 2015, 07:34:49 AM

Quote from: allinvain on July 31, 2015, 07:27:36 AM

I have an update with the price per 1kwH/month...and it shall be $70 CAD + tax (you only pay tax if you're a Canadian resident)

do you run KYC (know your customer) procedure? I am in the UK and all ways looking for cheep ways to run miners.

The cost of shipping one to you would be more than I would ever get back, Do you have access to anyone selling units near you so I could just pay and forget type deal?

No, at this time we do not have any KYC procedures as I do not think they are necessary based on our business model - we do not hold customer funds nor do we exchange or move money.

Ideally you'd want to buy gear from either Canada, United States or China (directly from bitmain, etc) and have it shipped to our data center. We do not know of any storefront around us that is selling miners. I'd suggest just scouting the for sale section of this forum.

squall1066

copper member

Activity: 2310

Merit: 1032

Quote from: allinvain on July 31, 2015, 07:27:36 AM

I have an update with the price per 1kwH/month...and it shall be $70 CAD + tax (you only pay tax if you're a Canadian resident)

do you run KYC (know your customer) procedure? I am in the UK and all ways looking for cheep ways to run miners.

The cost of shipping one to you would be more than I would ever get back, Do you have access to anyone selling units near you so I could just pay and forget type deal?

allinvain

legendary

Activity: 3080

Merit: 1080

I have an update with the price per 1kwH/month...and it shall be $75 CAD + tax (you only pay tax if you're a Canadian resident)

Edit price.

allinvain

legendary

Activity: 3080

Merit: 1080

It has been a long time since I updated this thread, but I have some good news to announce. Site #2 is 3 weeks from being fully operational. Because site #2 gives us access to much cheaper power our hosting fees will down as well. I think you will all like the price. When you take into consideration the current low value of the Canadian Dollar our hosting fees will be cheaper than anyone currently has on offer in the United States or pretty much anywhere around the world. I'll update the thread once the site goes live.

allinvain

legendary

Activity: 3080

Merit: 1080

Just an update to let you all know that we have unfortunately maxed out Site #1. We are looking into gathering the necessary capital to build site #2, upon which time I will update this thread and let all you know that we are accepting hosting customers once again.

allinvain

legendary

Activity: 3080

Merit: 1080

Updated our hosting fees. We had to increase our prices by $5 across the board to cover some capital expenditures which we found out were not correctly included in the previous pricing.

Also please note that Canadian customers will have to pay GST/HST on the hosting fees.

allinvain

legendary

Activity: 3080

Merit: 1080

Just a quick post to let you all know that with the current spike in the usd/cad exchange rate it is now far more advantageous to host with a Canadian company than in the US. Just a tip.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: lexuz on December 28, 2014, 09:59:16 AM

Sorry im newbie, this bitcoin cloudmining?? 1kwh $90 Shocked

Nope, not cloud mining, physical bitcoin miner hosting - ie you purchase and own the miner and we host it for you. 1 KwH/month. That's 1000 watts continuous power consumption for an entire month.

lexuz

hero member

Activity: 714

Merit: 500

Me, myself and I

Sorry im newbie, this bitcoin cloudmining?? 1kwh $90 Shocked

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: DareC on December 28, 2014, 03:39:04 AM

Hope you don't mind if I bump your thread with a few questions.

Have you set up a company to do this, or are you doing it as individuals?

Are you offering formal agreements in terms of network and power uptime? What about insurance in case of damage to hardware?

Do you offer inward network access to miners so that clients can verify or change configuration?

Give me a bit to verify these answers but tentatively my response would be:

1) There is a corporate structure behind this (numbered Canada corporation).
2) There are no formal agreements setup yet, but we do intend to compensate customers for major downtime. If the miners are down more than 48 12 hours, you will receive a refund fee for the entire down time.
3) No insurance yet unfortunately but we are looking into the financial feasibility of this.
4) Not as of yet. This is something that is on the "to do" list. There are obvious security concerns with doing this and this has to be carefully planned and implemented.

Topic: CryptoBoreas - Canadian Bitcoin Mining Hosting (As low as $65 CAD per 1 KwH) - page 7. (Read 33348 times)