Topic: "Full Access" to hosted miner. How does that sound? (Read 184 times)

You are right. Sorry, my mistake

As stupid as it may it sound, the halving is irrelevant in all this, thanks to satoshi's brilliant idea of "difficulty adjustment" mining will still be profitable as long as you have a cheap power source.

The other thing that might sound even more stupid, is that even bitcoin price does not really matter, and that is also derived from the same brilliant idea, so as long as bitcoin is worth something, mining will be profitable to a certain degree.

we are at least decades far from finding a new way to make energy from sources we don't use now, so the calculation is rather simple, we know the following:

- The Chinese have an electricity rate that ranges between 2 to 5 cents per kWh, the number varies based on location as well as season, In the rainy season in china they get to mine at 2 cents but that doesn't last all year long, so safe to assume that the average is more 3-4 cents.

-A few countries have free but limited power sources (long story and probably needs a whole topic or DYOR) or simply take my words for it.


so everything put aside, as long as you have a better power plan than those in China then rest assured that nothing will beat you, not the halving, not the price.

Having the same rate as them, means that they are one or a few steps ahead, that's because they get the gears faster and cheaper, if you live in the other side of the planet, you spend say 5000$ for a mining gear, the Chinese can buy it for less, pay nothing for shipping and get it the same day afternoon, you on the other side, have to wait for a few days or in many cases weeks and you have import taxes to deal with. Add to that the fact that everything is cheaper in china so the initial cost of your mining infrastructure is always going to be higher than theirs.

The above does not mean you can't make money against the Chinese miners, buying the right gear at the right time may very well make you a lot of profit, but since there is no guarantee, at the end of the day your power cost is the be-all and end-all for mining competition.


I don't remember quoting any of your posts, my post was for the OP, but it's a good thing that you took it as an advice, common sense is key when dealing with people online, things like cheap power in the second most expensive country on planet earth is pretty shady, and needs a lot of research. I wish you luck.

Thanks for your experienced words, but I just said "I might be interested". Of course I would do the proper checks before sending any machine to a random old fart in the internet, I might be a newbie here, but not in real life


Very interesting, please keep us informed. I can come over to meet you and visit the place any weekend if you are available.

I am not a mining expert so my question may be incorrect, but did you take into account bitcoin halving? legal action "Especially with new updates of anti-money laws"? Who will give oversight and ensure implementation? Can you calculate costs more accurately "because you would like to gamble into a two-year lease?"
In general, I find the idea distinctive, and if there are enough guarantees, I will join.

I got an offer for 2 years, room and electricity, that's what I have to pay in advance.
I will move my miners from China at 3. Feb. and install them for testing.
From then on you can "see" how it works ;-)

Sounds like a sweet deal especially for any of the Europeans that have been priced out of mining. Do you have any idea how long you are guaranteed the space and pricing deal if you take over? So really anything over 100KW, and is the max at 1000KW or can you go bigger?
Who would be handling the day-to-day, and set-up/ monitoring?
There are quite a few people who are still expanding their farms, or used Pangolin's hosting option that aren't to pleased so there's a good chance if you can put together an all-in pricing model you could fill the space.

Good luck.

This all sounds interesting so far, however the costs for guarding the facility (miners consuming 1MW are worth quite something), on-premise support (i.e. replugging miners) might probably outrun every discount you get.

Colour me vaguely interested, I am waiting to see some real figures like kW/h and hosting prices to run through my inner counting frame.

On another more amusing note: Finally a "real" miner from deep of his heart here 

Uuuh what..!?
Thanks for your input. As you saw I'm not a newbie, I'm an old fart who bought his first Bitcoin for $46.- looong time ago ;-)
I'm well known from my adventure blog maxkilli.blogspot.com, where I was mining too ;-)
The room was a server room and mining center before. They got a special agreement from a broker, to pay a very interesting price for >100KW. I can take over that agreement with EWZ Zurich.
And quite sure we will have personal contact (whatsup, phone, meeting) from the beginning. Personally I like the already installed video monitoring ;-)
Does this help?

(I'm dreaming of a world, where I can put my name and address in a post without any hassle ;-)

Have you personally gone to Switzerland and checked that yourself? because according to Swiss grid cost per kWh seems more expensive than the rest of the world, I know there may be exceptions, but most certainly not for data-centers.

if you were a newbie- I would have accused you for scam, but since you are not, please do explain to us how on earth is it possible to have "cheap" power in Switzerland, I know the word cheap is subjective, but I guess the mining community agrees to 5-6 cents per KWh being the average price, so cheap can't be anything more than 5 cents.

You don't have to reveal the place or anything like that, but if you want someone to trust you, you need to provide some proof that you are not going to take the miners and run away.

I might be interested, have around 20-25 Antminer S9 to start. Potentially I could add 50+ more.

I found a server room in Switzerland which is for rent with very cheap power (depends on how much I draw, 1000KW would be perfect).
If I can find enough miners, I may take the risk and rent that room for two years...
Is anyone interested? How many miners and how much would you be willing to pay per day (HAC is 1.98/day), for a full access site, power, I'net Gigabit with highspeed backup connections.
I just don't own enough miners, to do it by my own...