Anyone interested in setting up a not-for-profit data center for miners in the Montreal area?
The reason for Montreal is cheap electricity prices.
The goal will be to have a space where miners can co-locate at cost. Every miner will be responsible for their own electricity costs. Common expenses such as rent will be split based on space usage.
I am definitely interested - but be warned that it will take significant startup money/power use to make it viable.
Expect the costs of rent/oversight/internet/cooling/power to average about $0.22/kWh for a ~30kW power draw and about $0.175/kWh for a 50kW power draw.
How did you calculate $0.22/kWh?
I know that 10 kWh running 24/7 costs $683 + HST in Montreal. That's about 9c per kwh.
Data center colocation costs are quite a bit higher.
a bit of price estimation.
location (500-900sqft) : $1200
internet + other monthly costs: $100
overhead budget (maintenance, small fee for operator): $200
$1500/30kW = $50/kW/month = $0.07/kWhPower = ~
$0.14/kWh when drawing such large quantities
Cooling = +10% with minimal AC, +40% with closed-circuit AC =
$0.015-$0.05/kWhif you are trying to cut all costs as low as possible, with tremendous amount of airflow through the building to keep venting heat (especially in summer), you are looking at:
$0.14 + $0.015 + $0.07 = $0.225/kWhlocating in Quebec you could shave off about $0.05-0.07/kWh from power and cooling costs.
I am visiting a small location in Toronto later this week that used to be used for a body/paint shop and presumably has a significant number of 8" vents and exhaust piping. If all goes well I might be able to offer some hosting there for a reasonable price in the
$0.22-0.26/kWh range depending whether the heat could be managed with little/no use of an AC