Insurance. The assurances and tours will be for the insurance company's benefit.
Our hardware consists mostly of SP10 with a handful of 30's. Movement of most within 14 days.
Why not have someone establish a relationship now with an insurance company where you are, detail what is what. Once established even if it is necessary a foreign entity like us would consider taking out our own policy with them covering our concerns in your operation provided the rates are reasonable. You would need to establish this; detail what mining is and everything related to it and hosting. Then you could introduce us so that we do not have to explain everything to them including who you are and what it is all about, and review what exactly it is that they could offer and for how much.
Our hardware consists mostly of SP10 with a handful of 30's. Movement of most within 14 days.
Why not have someone establish a relationship now with an insurance company where you are, detail what is what. Once established even if it is necessary a foreign entity like us would consider taking out our own policy with them covering our concerns in your operation provided the rates are reasonable. You would need to establish this; detail what mining is and everything related to it and hosting. Then you could introduce us so that we do not have to explain everything to them including who you are and what it is all about, and review what exactly it is that they could offer and for how much.
It's mostly a matter of me having way too many other things to do and the employees of mine who don't have too many things to do not knowing how to explain things in order to placate the flighty insurers. Part of it also is the fact that we only filed our LLC paperwork last week. Also, most of the insurance companies we've talked to simply refuse to insure datacenters, due to the enormous liabilities involved with data loss. The rest are taking their sweet time getting back to us. It's been a constant struggle to convince them that we don't have any data to lose, and we're just trying to insure the hardware. Trying to explain what bitcoin mining to insurance agencies would be ever so much more difficult. We'll do it soon, but this isn't something that we can accomplish in an hour or two.
We can handle your machines now. Do you have mounting brackets for the SP10s, or will we need to order some more? We only have 9 in stock right now.
You need to talk to a local insurance agent. We called several, until we found somebody who spent the time and took a look at our setup. It took him sometime also to find an insurance company willing to do it. Liberty Mutual is it.
another SP30 Sept. Batch 2 which is addressed to Mich-Colo. Although I could look into Toom.im's setup. Maybe when the faster SP30 Oct comes out.. fingers X.
