How do you plan to power these in the mountains ?
Quick calculation shows:
50 x S9 = 66 kw
4000 Mhs ETHASH = approx 130 RX 580, = 17.5 kw (+ Mainboards, routers, vents etc) (space must be packed in a 4m x 2m x 2m container ....)
So lets make that a generous 100 kw / Container. On 400 Volts, that's roughly 250 A.
Not one of the buildings in the mountains has that energy supply - so you will be restricted to locations that are either close to a trafo station, or close to e.g. ski lifts / mountain railways, otherwise you pay a fortune to get the energy laid to these locations.
The connection to a trafo station / ski lift will still need to be established, and depending on the distance, this is a 5-6 digit amount VERY quickly just to get the energy to the container.
In addition to that i miss the mentioning of the swiss electricty grid usage cost (5-6 rp/kwh) and general cost (2.6 rp/kwh) in your calculations and whitepaper.
So in essence, without having your own hydro power stations, you are looking at at least 10 rp/kwh for energy, and thats already the best case. More likely 13-16 rp/kwh.
Even IF you acquire your own hydro plants, the swiss electrity grid usage fee will still need to be paid (happy to learn something new here if that's not the case).
Thank you for your feedback, wish you all the best with the ICO.
my best regards
Sergej
PS: on a sidenote - as far as i know all swiss banks have cancelled / do not further maintain banking relationships with crypto mining companies. Do you bank out of Liechtenstein?
thanks for the questions Sergej
In Switzerland there are about 400,000 of these buildings and about 10%, so 40,000 are usable for us.
In most cases we have to supply the electricity to the stables. The costs for the development of the first building were 30'000 CHF, but mostly 2-4 of these buildings are in the same place and we can therefore split these costs. The first stable which can be seen in the video has 2 more next door and all 3 are now useable. Therefore, the costs are quite acceptable there.
Currently we have large scale contracts (with a minimum that we have to buy) for hydro power and we pay 5.23 cents per KW / H. When operating our own power plants, we will operate the containers next to them and operate our own network in order to not have to use the public grid. the idea is to operate small hydropowerplants (we have more then 1400 of them in switzerland), they are exempted from water taxes in switzerland. and of course they are much cheaper to buy
About the banks, currentlyl we work with a swiss bank (you can see the details when you go to our tokensale plattform) but maybe we will switch to a bank in liechtenstein because they can provide us also with wallets etc. Swiss Alps Energy is currently in process to get a SRO Member in Switzerland.
Best Regards
Swiss Alps Mining
