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Topic: Pics of Huge Hosting Mine Under Construction, (Dec 2015 Update: We've moved) - page 4. (Read 54168 times)

full member
Activity: 121
Merit: 100
Feel free to contact me via email, skype or phone!
Looks like LordPaco and them worked up a business arrangement:


Nicely done on spotting the place.  Sure enough in the corner exact same power and looks the same overall.  

I wish I knew what a operation like that is getting their KW at on price.  That is the bad thing about bitcoin and private owners is there is a lot you just will not ever know.  Although I'm sure some see that as a advantage and it could be in some points.

$55 is a damn good rate per kW demand each month to host.  Very hard to beat that.

That is what I'm thinking to.  And if they are making money at that rate... dang they got something good going.

As that rate looks pretty attractive I have to admit.

That basically equivalent to the following rate: $0.08185 (8.185 cents) per kWH


That calculator is a bit off.

There are 365 days in a year. With 24 hours a day that's 8760 hours in a year. Divide by the twelve months of the year and you find that there are on average 730 hours in a month.

$55 per kilowatt month, divided by 730 = 7.53 cents per kwh.
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Looks like LordPaco and them worked up a business arrangement:


Nicely done on spotting the place.  Sure enough in the corner exact same power and looks the same overall.  

I wish I knew what a operation like that is getting their KW at on price.  That is the bad thing about bitcoin and private owners is there is a lot you just will not ever know.  Although I'm sure some see that as a advantage and it could be in some points.

$55 is a damn good rate per kW demand each month to host.  Very hard to beat that.

That is what I'm thinking to.  And if they are making money at that rate... dang they got something good going.

As that rate looks pretty attractive I have to admit.

That basically equivalent to the following rate: $0.08185 (8.185 cents) per kWH



legendary
Activity: 1456
Merit: 1000
Looks like LordPaco and them worked up a business arrangement:


Nicely done on spotting the place.  Sure enough in the corner exact same power and looks the same overall. 

I wish I knew what a operation like that is getting their KW at on price.  That is the bad thing about bitcoin and private owners is there is a lot you just will not ever know.  Although I'm sure some see that as a advantage and it could be in some points.

$55 is a damn good rate per kW demand each month to host.  Very hard to beat that.

That is what I'm thinking to.  And if they are making money at that rate... dang they got something good going.

As that rate looks pretty attractive I have to admit.
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Looks like LordPaco and them worked up a business arrangement:


Nicely done on spotting the place.  Sure enough in the corner exact same power and looks the same overall. 

I wish I knew what a operation like that is getting their KW at on price.  That is the bad thing about bitcoin and private owners is there is a lot you just will not ever know.  Although I'm sure some see that as a advantage and it could be in some points.

$55 is a damn good rate per kW demand each month to host.  Very hard to beat that.
legendary
Activity: 1456
Merit: 1000
Looks like LordPaco and them worked up a business arrangement:


Nicely done on spotting the place.  Sure enough in the corner exact same power and looks the same overall. 

I wish I knew what a operation like that is getting their KW at on price.  That is the bad thing about bitcoin and private owners is there is a lot you just will not ever know.  Although I'm sure some see that as a advantage and it could be in some points.
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Looks like LordPaco and ASICSPACE worked up a business arrangement:




How did this get to page 2?  Huh



There's the other 500KVA coming online. Under construction please don't mind the mess.

I'll announce here I plan on bringing a 4MVA/20k sqft facility online by the end of the year.  Shocked
full member
Activity: 121
Merit: 100
Feel free to contact me via email, skype or phone!
Hi all,

I know it's been some time since I updated this thread.

We were forced to move locations due to inadequate cooling provisioned by the facility owner.

Let me know if you have any questions.

Robert


Are you able to share pictures of new location?  I'm curious what it looks like compared to old one.

That seems like a pretty big move. Is it already done or still working on it?

It was a large undertaking, but it definitely was the right move. I'd had enough of the situation, so when the opportunity to leave presented itself, I took it.

It took my team and about two dozen temp workers several hours to clear the space of my customer's miners and my business' property.

The move was done secretly in the night. Had the facility owner gotten word that I was going to empty the place, the doors would surely have been locked before I would have the chance to relocate my customers.

The move was rocky. I'd be lying if I said there was no downtime, but most of my customers got steep discounts in exchange.

Here's a picture of the new place:

https://i.imgur.com/l5ixQoH.jpg

Our customers are currently happy and we're selling at $55 per kw month.

legendary
Activity: 1456
Merit: 1000
Hi all,

I know it's been some time since I updated this thread.

We were forced to move locations due to inadequate cooling provisioned by the facility owner.

Let me know if you have any questions.

Robert



Are you able to share pictures of new location?  I'm curious what it looks like compared to old one.

That seems like a pretty big move. Is it already done or still working on it?
full member
Activity: 121
Merit: 100
Feel free to contact me via email, skype or phone!
Hi all,

I know it's been some time since I updated this thread.

We were forced to move locations due to inadequate cooling provisioned by the facility owner.

Let me know if you have any questions.

Robert

legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
What happened to this place?

I would also like to know. From reading other threads it looks like customers miners are going offline and they are not responding to their emails or posting on here but their website is still up. Are these people still in business?

They may still be but over time the market will filter them out. 

I just find it odd they went silent.  Seems like they spent a lot to just stop and give up.   (unless they happen to found a whale and selling space to big buyers).

They had some problems it sounded like.  But I would think they would still be fighting for business.  Just odd to see them go silent and not talk about it.

I believe you may be correct about having a single large client.  I will reach out to them and see if they have any updates.  I want to see more viable hosting businesses not less, if more keep going out of business then I will have a ton of demand and will have to be more selective.   
legendary
Activity: 1456
Merit: 1000
What happened to this place?

I would also like to know. From reading other threads it looks like customers miners are going offline and they are not responding to their emails or posting on here but their website is still up. Are these people still in business?

They may still be but over time the market will filter them out. 

I just find it odd they went silent.  Seems like they spent a lot to just stop and give up.   (unless they happen to found a whale and selling space to big buyers).

They had some problems it sounded like.  But I would think they would still be fighting for business.  Just odd to see them go silent and not talk about it.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
What happened to this place?

I would also like to know. From reading other threads it looks like customers miners are going offline and they are not responding to their emails or posting on here but their website is still up. Are these people still in business?

They may still be but over time the market will filter them out. 
newbie
Activity: 12
Merit: 0
What happened to this place?

I would also like to know. From reading other threads it looks like customers miners are going offline and they are not responding to their emails or posting on here but their website is still up. Are these people still in business?
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Spoondoolies is done. so don't worry about them adding hashrate.  KNC has a ton of overhead and isn't as competitive anymore.  They produced solar on 16nm fin 2 process, but at a huge costs for tapeout and being an early adapter.  Sure they are private and have huge efficiency but take a look at how small there total hashrate is... Its tiny.  4% of the network for KNC... We have more than that and our company is a fraction of the capital investments.  I would agree we're at about .05 cents all in including cooling and overhead.  Lets face it, if your in the bitcoin mining world, bitmain sort of crushed the competition.  The logistics and capabilities that company have far exceed any capabilities KNC, and Bitfury have of keeping up...  Spoondoolies is gone, and everything else is gone.

I don't think even with a huge price jump that you would be extremely profitable.  Your best way as a home miner to make money is, buy direct from Bitmain, mine for 2 months at high profits, then sell the miner for 90% of cost, and make money by reselling.  That's about your best bet.

I don't know why I said, "KnC."  I meant to say, "Bitfury."  I had a brain fart.  lol

Shhhhhh about the selling after a couple of months.   Grin  I will have my trigger finger ready on selling mine rather quickly like I did all of my other rigs if the difficulty gets outrageous while BTC price remains low.

I suppose it's still a slim chance I could be moving to Washington State.  If I do, it may be in December or January.  I'm just kind of straddling the fence at the moment about Washington State.  It is quite a gamble.  I may end up increasing my power at the house to 400 or 500 amps and stay here instead of moving to Washington State.  Just hard to say at the moment.  I have many options to consider.  I really like the sound of the E-Cig stores as well while mining.


I was hoping to see someone move westward and document it.   But I can understand why it would be hard to do.

It is hard justify it when you look at all the costs.  But I still hope someone does it and documents it all.

What do you want to know?  I went westward almost 3 years ago and we are still growing.

I was wanting to know price of some things.  Like are you doing it in your house? Warehouse?   What was start up costs?  Current electricity rate?

Those to begin with.  I just want to see ROI math with going there with miners.

Warehouse that we have a long-term lease on.  We have done hundreds of thousands in improvements.   I would say expect a minimum 150-250K start-up to do your build-out.  Electrical and Cooling are your largest single expenses.  People cut corners here so I assume someone will say that is too much.  But those people also are not planning for the future, summer time and usually will put customers equipment at risk for thermal damage.   We are building a data-center and is good for more that just Bitcoin mining.     0.023 per Kw/h.       
newbie
Activity: 46
Merit: 0
Whoa! Great job on this, looking forward to further developments!
legendary
Activity: 1456
Merit: 1000
Spoondoolies is done. so don't worry about them adding hashrate.  KNC has a ton of overhead and isn't as competitive anymore.  They produced solar on 16nm fin 2 process, but at a huge costs for tapeout and being an early adapter.  Sure they are private and have huge efficiency but take a look at how small there total hashrate is... Its tiny.  4% of the network for KNC... We have more than that and our company is a fraction of the capital investments.  I would agree we're at about .05 cents all in including cooling and overhead.  Lets face it, if your in the bitcoin mining world, bitmain sort of crushed the competition.  The logistics and capabilities that company have far exceed any capabilities KNC, and Bitfury have of keeping up...  Spoondoolies is gone, and everything else is gone.

I don't think even with a huge price jump that you would be extremely profitable.  Your best way as a home miner to make money is, buy direct from Bitmain, mine for 2 months at high profits, then sell the miner for 90% of cost, and make money by reselling.  That's about your best bet.

I don't know why I said, "KnC."  I meant to say, "Bitfury."  I had a brain fart.  lol

Shhhhhh about the selling after a couple of months.   Grin  I will have my trigger finger ready on selling mine rather quickly like I did all of my other rigs if the difficulty gets outrageous while BTC price remains low.

I suppose it's still a slim chance I could be moving to Washington State.  If I do, it may be in December or January.  I'm just kind of straddling the fence at the moment about Washington State.  It is quite a gamble.  I may end up increasing my power at the house to 400 or 500 amps and stay here instead of moving to Washington State.  Just hard to say at the moment.  I have many options to consider.  I really like the sound of the E-Cig stores as well while mining.


I was hoping to see someone move westward and document it.   But I can understand why it would be hard to do.

It is hard justify it when you look at all the costs.  But I still hope someone does it and documents it all.

What do you want to know?  I went westward almost 3 years ago and we are still growing.

I was wanting to know price of some things.  Like are you doing it in your house? Warehouse?   What was start up costs?  Current electricity rate?

Those to begin with.  I just want to see ROI math with going there with miners.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Spoondoolies is done. so don't worry about them adding hashrate.  KNC has a ton of overhead and isn't as competitive anymore.  They produced solar on 16nm fin 2 process, but at a huge costs for tapeout and being an early adapter.  Sure they are private and have huge efficiency but take a look at how small there total hashrate is... Its tiny.  4% of the network for KNC... We have more than that and our company is a fraction of the capital investments.  I would agree we're at about .05 cents all in including cooling and overhead.  Lets face it, if your in the bitcoin mining world, bitmain sort of crushed the competition.  The logistics and capabilities that company have far exceed any capabilities KNC, and Bitfury have of keeping up...  Spoondoolies is gone, and everything else is gone.

I don't think even with a huge price jump that you would be extremely profitable.  Your best way as a home miner to make money is, buy direct from Bitmain, mine for 2 months at high profits, then sell the miner for 90% of cost, and make money by reselling.  That's about your best bet.

I don't know why I said, "KnC."  I meant to say, "Bitfury."  I had a brain fart.  lol

Shhhhhh about the selling after a couple of months.   Grin  I will have my trigger finger ready on selling mine rather quickly like I did all of my other rigs if the difficulty gets outrageous while BTC price remains low.

I suppose it's still a slim chance I could be moving to Washington State.  If I do, it may be in December or January.  I'm just kind of straddling the fence at the moment about Washington State.  It is quite a gamble.  I may end up increasing my power at the house to 400 or 500 amps and stay here instead of moving to Washington State.  Just hard to say at the moment.  I have many options to consider.  I really like the sound of the E-Cig stores as well while mining.


I was hoping to see someone move westward and document it.   But I can understand why it would be hard to do.

It is hard justify it when you look at all the costs.  But I still hope someone does it and documents it all.

What do you want to know?  I went westward almost 3 years ago and we are still growing.
legendary
Activity: 1456
Merit: 1000
Spoondoolies is done. so don't worry about them adding hashrate.  KNC has a ton of overhead and isn't as competitive anymore.  They produced solar on 16nm fin 2 process, but at a huge costs for tapeout and being an early adapter.  Sure they are private and have huge efficiency but take a look at how small there total hashrate is... Its tiny.  4% of the network for KNC... We have more than that and our company is a fraction of the capital investments.  I would agree we're at about .05 cents all in including cooling and overhead.  Lets face it, if your in the bitcoin mining world, bitmain sort of crushed the competition.  The logistics and capabilities that company have far exceed any capabilities KNC, and Bitfury have of keeping up...  Spoondoolies is gone, and everything else is gone.

I don't think even with a huge price jump that you would be extremely profitable.  Your best way as a home miner to make money is, buy direct from Bitmain, mine for 2 months at high profits, then sell the miner for 90% of cost, and make money by reselling.  That's about your best bet.

I don't know why I said, "KnC."  I meant to say, "Bitfury."  I had a brain fart.  lol

Shhhhhh about the selling after a couple of months.   Grin  I will have my trigger finger ready on selling mine rather quickly like I did all of my other rigs if the difficulty gets outrageous while BTC price remains low.

I suppose it's still a slim chance I could be moving to Washington State.  If I do, it may be in December or January.  I'm just kind of straddling the fence at the moment about Washington State.  It is quite a gamble.  I may end up increasing my power at the house to 400 or 500 amps and stay here instead of moving to Washington State.  Just hard to say at the moment.  I have many options to consider.  I really like the sound of the E-Cig stores as well while mining.

I was hoping to see someone move westward and document it.   But I can understand why it would be hard to do.

It is hard justify it when you look at all the costs.  But I still hope someone does it and documents it all.
hero member
Activity: 955
Merit: 1004
See. dumbward?  I told you you'd never make the move to Washington!  Could it be you are finally getting some sense into your head about Bitcoin mining?  Profits are going in one direction - DOWN.  The more money you piss away buying miners, the more you will lose.
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
Spoondoolies is done. so don't worry about them adding hashrate.  KNC has a ton of overhead and isn't as competitive anymore.  They produced solar on 16nm fin 2 process, but at a huge costs for tapeout and being an early adapter.  Sure they are private and have huge efficiency but take a look at how small there total hashrate is... Its tiny.  4% of the network for KNC... We have more than that and our company is a fraction of the capital investments.  I would agree we're at about .05 cents all in including cooling and overhead.  Lets face it, if your in the bitcoin mining world, bitmain sort of crushed the competition.  The logistics and capabilities that company have far exceed any capabilities KNC, and Bitfury have of keeping up...  Spoondoolies is gone, and everything else is gone.

I don't think even with a huge price jump that you would be extremely profitable.  Your best way as a home miner to make money is, buy direct from Bitmain, mine for 2 months at high profits, then sell the miner for 90% of cost, and make money by reselling.  That's about your best bet.

I don't know why I said, "KnC."  I meant to say, "Bitfury."  I had a brain fart.  lol

Shhhhhh about the selling after a couple of months.   Grin  I will have my trigger finger ready on selling mine rather quickly like I did all of my other rigs if the difficulty gets outrageous while BTC price remains low.

I suppose it's still a slim chance I could be moving to Washington State.  If I do, it may be in December or January.  I'm just kind of straddling the fence at the moment about Washington State.  It is quite a gamble.  I may end up increasing my power at the house to 400 or 500 amps and stay here instead of moving to Washington State.  Just hard to say at the moment.  I have many options to consider.  I really like the sound of the E-Cig stores as well while mining.
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