Topic: Pics of Huge Hosting Mine Under Construction, (Dec 2015 Update: We've moved) - page 12. (Read 54168 times)

http://i.kinja-img.com/gawker-media/image/upload/s--vxmgcr2C--/c_fit,fl_progressive,q_80,w_636/pepxlzrotfmujmjwjp0c.jpg

this farm is the farm I was talking about, it seems to me that it had some wood in there, but if you know better/the truth, then I have to correct my posting

and, well the picture tells the truth, atleast to the matter of space between the miners(none) to get the airflow going

Washington State, don't think Solar the best investment you can make up there: https://www.google.co.jp/search?q=insolation+washington+state&biw=1366&bih=683&source=lnms&tbm=isch&sa=X&ei=oD3XVJ2eMtXe8AWVvoL4AQ&ved=0CAYQ_AUoAQ&dpr=1

Not sure if this came up in previous replies but have you guys considered Solar? Sure it won't pay bills but it can definitely offset in the long run. If you ever decided to abandon ship and sell the site, its a good investment. Even if not sell the site, use it for smaller purposes, you could probably fit a massive system on the roof there.

Since the equipment is mostly agnostic of it's state (no memory, hardisks) an outage should only affect it as long as it takes, due to no mining during that time slice.
A network server needs recovery time to get puffed up again, somewhat different.

In an ideal setup just the temperature differences should be enough to drive the airflow. Not even vents needed, and their power costs (low, mostly investment)

While I won't comment on the financial sense of the hosting offer, I think it's utter nonsense to consider this "centralization" of the Bitcoin network in any way. Unless I misunderstand the offer, the hosting facility exerts zero control on what pool,  or even what coin you try and mine. The offer is for space, electricity, cooling, and Internet access. This is distinctly different than cloud mining, or any of the mega farms created by the various ASIC companies.

Bitcoin needs to be kept decentralized.  That is the whole point of it!  Therefore, this huge mining farm must be destroyed.

For everyone thinking of pissing away $100 by sending it in for hosting fees in the futile hope of breaking even, much less making a profit, I am starting up a special mining lottery.  It works like this.

Everyone who wants to play will send me $100 on PayPal.  At random, I will choose one person out of 10 to receive $200, 3 to receive $75, and the other 6 out of 10 don't get jack.  Those are actually better odds of doubling your money than any mining operation can give now.

PM me for PayPal details.

I am seeing multiple times the name of IBM is coming to the Bitcoin space. They are attending Bitcoin conferences, distributing Bitcoin at universities etc. I dont think a company IBM will do anything not for profit. Given their legacy dominance in hardware and more specifically mainframe (though it has nothing do with mining), I think they might be working on some better chip design. If that is true, once that chip hits the market, they'll be monopoly.

cut the crap mister!

there was no wood in there and SpondooliesTech visit that farm and confirmed that there were air cons for lowering the air temperature

is not nice to lie

that picture is from an asian-based mining farm, where they used a lot of wood and A LOT OF SPONDOOLIES miners WITHOUT airconditioning to cool those miners down... 


I'd say that this setup will be better protected against fire, because they dont use that much wood and instead use more metals and concrete

Is there insurance against fire? I did see pictures a mining center burned to the ground..

What percentage of the network do you think these guys can host? Looking at the pics, I would guess no more than a few percent, if that.  
Is that "centralization" ? IMO thats no more centralization than the fact a similar (or actually, higher) percentage of the network might -by pure chance- have been powered by the same electricity provider or ISP 4 years ago.

we want more pics

You gotta read between the lines....in fact even btc price drop to $0, they're still profitable. Its the suckers that pay hosting fee take the lost.

Its funny how he said that in a cocky manner.... prove how dump general bitcoin miners his suckers are.... They paid for something with a hope to gain back what they spent.

Is it possible that I just buy the miners online and send it to your adress, then you host them for me?
If yes, pls PM

Nicely said, and also the fact that not every place in the United States or where ever you are living has 0.05 per kw. Someone like me who has 0.15 per kw would prefer ASICSPACE, not only do they have cheap prices, great customer services, cooling services for better hashrates, and on top of all that insurance on my machines with a contract signed. Where else can you get insurance for your machines if I may ask? If it burns down at home your house and your machines are a goner, no insurance given.

OgNasty and Valkir,

 I 100% agree with you that we need to keep the mining decentralized.  

ASICSPACE is not in control of the rigs that they host, they make it available for people like me that want to mine at a larger scale then I can at home.  I have control of my rigs and where they mine.  As do all of the other folks that have miners hosted there.  I am trying to get up to 30th and that I can not do at home.  I mine on the pools I want.

I pay them to host my miners, they provide Maintenance, insurance, cooling and electricity for the money I give them.  They are in business to make money off the miners and not by mining.  To me is seems a win-win, I help keep the network going, and they provide the space for me to do it.  

Everyone is saying home mining is dead,  Well I know the noise and heat got to me rather quickly, but I see the importance of having independent miners on the network  Robert and ASICSPACE sees that as well, if home miners give up the big guys win.  Robert is just providing miners with a place to hold the miners.  

So I consider myself and others that host with various co-location services as home miners with a very large shed out back, with  all of the power I could ever use.  We are in control not the people that host our equipment.

Barbara

+1 I totally agree with you. People prefer to break the great aspect of bitcoin for money.

Funny how people want to centralize every aspect of Bitcoin.  I say if these mining centers are profitable at $40 per BTC, I hope the price falls to $20 per BTC.  This type of centralization to enrich the pockets of a few is exactly what Bitcoin is against.  I'm constantly surprised by people's willingness to kill what they love in the name of greed.

Hi,
 I have hosted my S4s with them.  They were operating within hours of when they received them.  They have offered me tours of the building and I will go after the roads are better.

As to the risk, life is a risk. I don't depend on the mining money to live on.  If the whole thing crashes I am out a few K, but if coin goes up I am going to be in place to capture some.  Lets face it, if you are going to wait for the coin to go up then get in you might have a few surprises.  Miners will become hard to find, and more expensive. Look at the last spike Bitmain quickly raised the price of the S5s and have not dropped it.

I am not wiser than anyone but I thing there is too much money in new investments in BTC to let it die. 

I can remember a long time ago I was playing with Vic 20's and Commodore 64s, there was another company named after a fruit, I was younger and I knew everything, I could program the computers. I listened to others, we felt that other than games what good were they.  Besides with all the business were using mainframes.  Why would a home user ever want to have a computer?  We declared home computing dead before it ever started.

 I had some k to invest, and decided to put it in the company that I worked for and not Apple.  A few years later that company went bankrupt and my stock became worth 0.   Every time I look at the price of Apple I cry..... 

I could afford to loose the money then, and I can afford to now, other wise I would not be playing here or in the market.

I wrote this to support Robert and ASICSPACE  I could mine at home for less, but I want to have more miners than my Condo can handle,
I could find a old office, upgrade the power put in AC.  But it is cheaper to put them with Robert and let him deal with the issues, my miners are insured by THEM and not me.  My temperatures are all in the 40's. 

I also have miners in my house, and I have rented miners in another place they are hashing on my pools.  I What I am saying is I am mining, covering my expenses, and having fun.  So if it goes up, Great if it crashes, I will survive, my grandkids while not get as much but I will have taken a swing at something that I felt was the next big thing.


Remember Babe Ruth also held the strike out record.

Happy Mining and thanks Robert for risking all and building a place so close to me.
Barbara