Topic: Pics of Huge Hosting Mine Under Construction, (Dec 2015 Update: We've moved) - page 7. (Read 54168 times)
May 21, 2015, 11:31:57 AM
Who says I need 2.5% of the network to make this work? Yes I am under NDA (in regards to miner pricing) the difference here is I am not asking for any of your money. I will fill the space shortly enough. Try to place any large order yourself. You will find a NDA is the first thing thrown at you.
May 21, 2015, 11:25:24 AM
I am sure you are under NDA.
Yup.
So were Matthew Carson and Terrence Thurber. Know those guys?
Fill your space.
Make your claims.
We will see where this ends up.
You won't be holding anywhere near 2.5% of the network.
Yup.
So were Matthew Carson and Terrence Thurber. Know those guys?
Fill your space.
Make your claims.
We will see where this ends up.
You won't be holding anywhere near 2.5% of the network.
May 21, 2015, 08:40:45 AM
Yours? 2x or 3x production cost easily after shipping and set up.
I'm glad you can do that math for me (and them).
I am under NDA not to discuss my miner situation so sorry. Shipping is less than X% miner price though. I didn't know I have to be bigger than this mine to mine anything at all. Of course there are going to be tons of mines bigger and badder than mine. (haha good pun!)1. My power costs are still cheaper (and by a large enough margin to make a difference especially at scale). And that includes taxes and all. If they are just reporting energy cost it is likely the actual cost is twice what they state.
2. My power reliability is amongst the most reliable in the world
because of the area there is little to no natural disasters, unlike earthquake prone Tibet. It is why Google, Yahoo, and Microsoft are my neighbors.
3. Multiple redundant fiber optic lines + dark fiber availability. This too.
4. I get to live in the good old US of A and not behind the great firewall of China
5. I get to salvage used server equipment for almost free because I live in datacenter land and they upgrade every 5 years no matter what.
6. Option of using it as an actual datacenter with some redundancy modifications. Unused 'dark fiber' is a public resource here, not a good ol boys network only deal.
7. I get to help build the bitcoin community, in America, instead of internet armchairing, polarizing the community and generally spreading FUD and hate.
May 21, 2015, 08:15:50 AM
Evaporative cooling in the mountains? ....
that .03cents electricity is nice
that .03cents electricity is nice
May 21, 2015, 05:57:23 AM
http://www.coinfox.info/index.php/en/allnews/25-company/2066-chinese-wallet-service-builds-new-bitcoin-mining-station-near-tibet
$0.03 USD.
How many petahash you got? Large? Ya ok. LOL.
This is what you think you canbeat compete with?
Wonder what the cost of their rigs is?
Evaporative cooling already installed.
Dirt cheap no doubt at cost for their miners. This one farm is a significant addition to the network your hobby farm is cute and far more expensive to cool and set up initially. Good luck you need it.
See how much they they will put on the nextwork?
Yours? 2x or 3x production cost easily after shipping and set up.
Code:
new #btc mining farm being built/expanding in
Western Sichuan near Tibet with 0.2 RMB per kWh
electrical rate
Western Sichuan near Tibet with 0.2 RMB per kWh
electrical rate
$0.03 USD.
Code:
The man in the photo is Mr. WuGang,
one famous BTC miner in China. More about him
can be found at http://www.haobtc.com.
one famous BTC miner in China. More about him
can be found at http://www.haobtc.com.
How many petahash you got? Large? Ya ok. LOL.
This is what you think you can
Wonder what the cost of their rigs is?
Evaporative cooling already installed.
Dirt cheap no doubt at cost for their miners. This one farm is a significant addition to the network your hobby farm is cute and far more expensive to cool and set up initially. Good luck you need it.
See how much they they will put on the nextwork?
Code:
Tim Swanson May 19
interesting, so ~2.5% of network hashrate.
interesting, so ~2.5% of network hashrate.
Yours? 2x or 3x production cost easily after shipping and set up.
May 20, 2015, 05:05:08 PM
The miners build their station in the place where energy is really cheap – and they pay just 0.3 USD per 1 kWh.
Ahh, the power of a decimal place. 0.3USD/kWh is VERY HIGH, it's what I pay here in southern California.
I'm sure they meant 0.03USD/kWh...
In Hawaii I think it is something like $0.35 per KWH.
May 20, 2015, 03:58:00 PM
The miners build their station in the place where energy is really cheap – and they pay just 0.3 USD per 1 kWh.
Ahh, the power of a decimal place. 0.3USD/kWh is VERY HIGH, it's what I pay here in southern California.
I'm sure they meant 0.03USD/kWh...
May 20, 2015, 11:48:02 AM
Yawn. Do what you gotta do. Believe what you gotta believe.
May 20, 2015, 11:38:43 AM
Yet my miner's survived the ASICSPACE inferno. I could give a crap if you believe me or not. Damir got let go from ASICSPACE a month ago now, that's old news! He was only the spokesperson going around to conferences anyhow as far as I know. I'm not going to say anything about the boys at ASICSPACE or their build, or the expense of except for the fact they treated me very well as a client. Not that it matters as far as I have heard they have been at capacity for awhile now.I suppose the dozen PM's I've received over the past month wanting to have a piece of my bathtub is a sign I'm doing it all wrong. (And to all of you guys, let me get my bath tub holding water first and then let me look into it.)
I have multiple businesses, employ several dozen people, and pay a lot of taxes. They are even managed well enough it allows me to take on even more. Not sorry for the cocky attitude I've worked damn hard and still do to say that. Every one of those businesses had a multitude of doomsayers with a chip on their shoulder when I started them. I'll post pictures pulling the 16 strands of 500kcmil wire here soon enough. Haters gunna hate.
Quote
The miners build their station in the place where energy is really cheap – and they pay just 0.3 USD per 1 kWh. This makes Sichuan a fertile ground for miners.
Your quote Bick must have a mistake. .3USD is not a good rate.Even if it was a typo to .03USD I will still beat them. After demand charges and taxes which they may not be including.
I also tend to ignore expert
opinions and discount any further criticism from them when I hear 'bitcoin is crashing and going away' May 20, 2015, 11:25:19 AM
More than just haters... people with a clue giving their expert opinion.
I'll refrain from posting my electric rate, or the historic yearly electric rate increase from 1960 to now, or any valid refutations to a pessimistic troll hiding under the all-seeing vigilante bridge.
Your competition? No haters just realists.
In other news, ASICSPACE fired their CEO, Damir Kalinkin, last week. I believe the exact process was that the shareholders held a vote of no confidence, then cleared out the Board of Directors (of which Damir was a member), and then the new Board fired Damir. In my (biased?) opinion, Damir was the worst part of ASICSPACE, and responsible for the most egregious misdeeds I have heard attributed to them. With Damir gone, I expect ASICSPACE to improve considerably. Robert is a nice guy, and I like him. From what I have seen, Robert wants to treat his customers properly, unlike Damir, who treats customers as a resource to be exploited.
However, I do not see how Damir can be responsible for the heat, airflow, and networking problems that ASICSPACE has had. He is not a technical person at all. Those issues were due to the decisions made by the engineer and contractors who built the facility and the person who oversaw them, Robert.
When I was at ASICSPACE earlier today, the conditions were considerably improved. The nine flexible ducts that were previously just neutral pressure outside-air intakes have now been connected to a 125 ton portable AC unit on a trailer, powered by what appeared to be a 400 amp 480V 3-phase connection. I didn't go into the cold aisles, but they appeared to be only slightly negatively pressurized relative to the hot aisles, maybe around 10 or 20% of what they had been at before. The general building interior (contiguous with the hot aisles) was strongly positively pressurized relative to the outside air, and the airflow out the open front door was very strong, maybe 50,000 to 100,000 CFM. The exhaust air from S4s felt like about 40 to 45°C, suggesting cold aisle temps around 30 to 35°C. Still high, but no longer unsafe. Most of the miners in their facility appeared to be on and hashing, although I did hear S4 beeps coming from somewhere.
ASICSPACE appears to be making a good faith effort to maintain proper operating conditions in their facility. They are putting a lot of money behind that effort. Unfortunately, they are spending it on the wrong things, like the air conditioning unit instead of a bunch of high-throughput fans. They don't need colder air, they just need more fresh air. However, the AC unit they are renting did come with a large fan inside, so there's that.
However, I do not see how Damir can be responsible for the heat, airflow, and networking problems that ASICSPACE has had. He is not a technical person at all. Those issues were due to the decisions made by the engineer and contractors who built the facility and the person who oversaw them, Robert.
When I was at ASICSPACE earlier today, the conditions were considerably improved. The nine flexible ducts that were previously just neutral pressure outside-air intakes have now been connected to a 125 ton portable AC unit on a trailer, powered by what appeared to be a 400 amp 480V 3-phase connection. I didn't go into the cold aisles, but they appeared to be only slightly negatively pressurized relative to the hot aisles, maybe around 10 or 20% of what they had been at before. The general building interior (contiguous with the hot aisles) was strongly positively pressurized relative to the outside air, and the airflow out the open front door was very strong, maybe 50,000 to 100,000 CFM. The exhaust air from S4s felt like about 40 to 45°C, suggesting cold aisle temps around 30 to 35°C. Still high, but no longer unsafe. Most of the miners in their facility appeared to be on and hashing, although I did hear S4 beeps coming from somewhere.
ASICSPACE appears to be making a good faith effort to maintain proper operating conditions in their facility. They are putting a lot of money behind that effort. Unfortunately, they are spending it on the wrong things, like the air conditioning unit instead of a bunch of high-throughput fans. They don't need colder air, they just need more fresh air. However, the AC unit they are renting did come with a large fan inside, so there's that.
I'll refrain from posting my electric rate, or the historic yearly electric rate increase from 1960 to now, or any valid refutations to a pessimistic troll hiding under the all-seeing vigilante bridge.
Your competition? No haters just realists.
The price of bitcoin has stabilized in recent months. This improves the perspectives of Chinese miners who construct new mines in the region with cheap energy.
A specialist on Chinese digital economy and the author of three books, Tim Swanson published photos of the new farm in his twitter:
The miners build their station in the place where energy is really cheap – and they pay just 0.3 USD per 1 kWh. This makes Sichuan a fertile ground for miners.
Swanson does not name the firm which is in charge of “bitcoin farm”, but a short search shows that the company in question is HaoBTC.
“HaoBTC is an interest-bearing multi-funciton wallet service. We provide interest-bearing wallet service as well as onchain multisig vault service.”
Presently the company promises a dividend rate at about 10% on any bitcoin deposit. It claims that their clients can take the money out of the wallet like fiat coins out of the pocket.
Now the company has invested in bitcoin mining. One of the creators of the new “bitcoin mine” and Forbes columnist, Eric Mu even promises to spend three months working at a new mine.
As CoinFox reported earlier, Chinese bitcoin companies continue to build mines all over the country. In the beginning of 2015 Motherboard site published a video about Chinese “bitcoin mine” place in one of the northern provinces of the country. The mining complex occupies several floors in the industrial building. Four people working in shifts supervise long lines of computers that produced bitcoins every hour. Owners of the business claim that despite all the difficulties with the status of bitcoin in China the business is profitable – and the new bitcoin mine in Sichuan confirms that this is a trend.
Source: http://www.coinfox.info/index.php/en/allnews/25-company/2066-chinese-wallet-service-builds-new-bitcoin-mining-station-near-tibet
A specialist on Chinese digital economy and the author of three books, Tim Swanson published photos of the new farm in his twitter:
The miners build their station in the place where energy is really cheap – and they pay just 0.3 USD per 1 kWh. This makes Sichuan a fertile ground for miners.
Swanson does not name the firm which is in charge of “bitcoin farm”, but a short search shows that the company in question is HaoBTC.
“HaoBTC is an interest-bearing multi-funciton wallet service. We provide interest-bearing wallet service as well as onchain multisig vault service.”
Presently the company promises a dividend rate at about 10% on any bitcoin deposit. It claims that their clients can take the money out of the wallet like fiat coins out of the pocket.
Now the company has invested in bitcoin mining. One of the creators of the new “bitcoin mine” and Forbes columnist, Eric Mu even promises to spend three months working at a new mine.
As CoinFox reported earlier, Chinese bitcoin companies continue to build mines all over the country. In the beginning of 2015 Motherboard site published a video about Chinese “bitcoin mine” place in one of the northern provinces of the country. The mining complex occupies several floors in the industrial building. Four people working in shifts supervise long lines of computers that produced bitcoins every hour. Owners of the business claim that despite all the difficulties with the status of bitcoin in China the business is profitable – and the new bitcoin mine in Sichuan confirms that this is a trend.
Source: http://www.coinfox.info/index.php/en/allnews/25-company/2066-chinese-wallet-service-builds-new-bitcoin-mining-station-near-tibet
May 20, 2015, 11:12:46 AM
I'll refrain from posting my electric rate, or the historic yearly electric rate increase from 1960 to now, or any valid refutations to a pessimistic troll hiding under the all-seeing vigilante bridge.
May 20, 2015, 08:01:18 AM
Yeah, this topic should be retitled "how to piss away lots of money on a bitcoin mining operation WAY too late in the game, over a year after bitcoin price peaked and isn't likely to go that high ever again, and all the things I'm buying now are only putting me in debt while I have only a mild chance at best of recovering my expenses through mining bitcoins, and that is if the difficulty doesn't rise and the price doesn't fall. Otherwise I am screwed".
And if the electric company changes their mind on my billing rate, it is game over before I ever calculate one hash.
And if the electric company changes their mind on my billing rate, it is game over before I ever calculate one hash.
May 20, 2015, 01:17:51 AM
wow mining scams
May 18, 2015, 03:47:53 AM
An unopened bottle of silver Patron is on the counter waiting for the install of miner #500.
Looks and sounds great, man
Just give me enough notice in advance and I come over to join you in your celebration 
Hey thanks man! Of course you are welcome to come and help us extinguish that (and more) bottles. And honestly, sorry about your miners over there real shitty thing. If it happened to me you better believe I would be writing dozens of rants here. Its taught me one lesson building my facility: watch for network storms and use appropriate switches. Not saying that was the cause but that did cause them to go offline for a short time and can be a PITA to troubleshoot and diagnose, especially when your network is ginormous.
In an effort to help mitigate that for my own facility I bought 52 about to hit the dumpster HP Procurve 2650 switches (48ports each/manageable) from the University of Florida @ $17 each. The money I used to pay for them is going to help pay for a centrifuge for one of their research departments.
May 18, 2015, 03:21:57 AM
An unopened bottle of silver Patron is on the counter waiting for the install of miner #500.
Looks and sounds great, man
Just give me enough notice in advance and I come over to join you in your celebration May 18, 2015, 02:49:54 AM
I don't need to do math to see that one fan in the air is not near enough. An asic data center getting exhust out is important.
Unless they changed their design and added a lot of extra gear that picture shows something not setup for a large quanity of gear. If they kept adding gear it's not surprising they would need a retrofit.
Unless there is a lot of gear behind where person is standing that we cannot see for ventilation.
Unless they changed their design and added a lot of extra gear that picture shows something not setup for a large quanity of gear. If they kept adding gear it's not surprising they would need a retrofit.
Unless there is a lot of gear behind where person is standing that we cannot see for ventilation.
I'm sorry you may not be fully reading the thread at hand. The picture you see is my facility and has nothing to do with ASICSPACE. Of course what you see is inadequate for any kind of ventilation we haven't even begun to modify it for our purposes. We will be pulling 16 strands of 500kcmil aluminum XHHW wire from the 1000KVA transformer outside the building to the service entrance inside tomorrow. Spent the past two weeks cutting concrete, digging ditches, placing conduit, inspection, refill the ditch. I ordered 1000ft of 6awg tray cable to feed the 48 60A/3P IBM PDU's on friday. I have my PCI-E cable assembly line together, with an automatic wire cutter/stripper machine. Over 20K feet of 16awg wire for PCI-E cables. Those are in rooms behind me in that picture. Also have the office room back in there and just put in a fridge and microwave so now there is a mini kitchen. My HVAC crew is on standby, we just arn't there yet but getting all the closer. An unopened bottle of silver Patron is on the counter waiting for the install of miner #500.
May 18, 2015, 02:23:12 AM
Proof?
Because you said so I have to believe it?
More likely that the units got fried and these people are responsible and fixing the problem given the report from Toomin.
And you didn't answer the question why the 'retrofit'?
Obviously there were issues.
Because you said so I have to believe it?
More likely that the units got fried and these people are responsible and fixing the problem given the report from Toomin.
And you didn't answer the question why the 'retrofit'?
Obviously there were issues.
I'm not sure I can provide you with any proof that would suffice given I can't go back in time and take a picture posing in front of both machines with a time on a card. I never took any pictures while I was there out of respect. I can only show you a picture of the machines they hosted for me running at my 1MW facility still under construction. There are two electric services at my building so while the 1200A 480V service is being built and not currently energized, I have a wimpy 400A 240V service I'm tapping. The picture is a little old one rack has not been hooked up yet but it is now. The S1's in that picture were never hosted by ASICSPACE, that would have been a loss obviously. It's worth noting my most temperature intolerant miner would be the cointerra, overheating if the room just goes over 80F, and I have logs showing a stable hashrate on it for months while at ASICSPACE.
Re the retrofit it should go without saying; it is not a tier I datacenter and should not be expected to be built as such. I don't think there is a bitcoin mine on the planet over 1MW that doesn't need modifications to airflow after the heat is there. You can use smoke bombs all you want, use some formulas that make you look like math Jesus, and try to predict what will happen before the heat but you never really know until you put it into place. I would be more concerned if they were not constantly looking for ways to improve their airflow.
I don't need to do math to see that one fan in the air is not near enough. An asic data center getting exhust out is important.
Unless they changed their design and added a lot of extra gear that picture shows something not setup for a large quanity of gear. If they kept adding gear it's not surprising they would need a retrofit.
Unless there is a lot of gear behind where person is standing that we cannot see for ventilation.
May 17, 2015, 07:51:40 PM
Proof?
Because you said so I have to believe it?
More likely that the units got fried and these people are responsible and fixing the problem given the report from Toomin.
And you didn't answer the question why the 'retrofit'?
Obviously there were issues.
Because you said so I have to believe it?
More likely that the units got fried and these people are responsible and fixing the problem given the report from Toomin.
And you didn't answer the question why the 'retrofit'?
Obviously there were issues.
I'm not sure I can provide you with any proof that would suffice given I can't go back in time and take a picture posing in front of both machines with a time on a card. I never took any pictures while I was there out of respect. I can only show you a picture of the machines they hosted for me running at my 1MW facility still under construction. There are two electric services at my building so while the 1200A 480V service is being built and not currently energized, I have a wimpy 400A 240V service I'm tapping. The picture is a little old one rack has not been hooked up yet but it is now. The S1's in that picture were never hosted by ASICSPACE, that would have been a loss obviously. It's worth noting my most temperature intolerant miner would be the cointerra, overheating if the room just goes over 80F, and I have logs showing a stable hashrate on it for months while at ASICSPACE.
Re the retrofit it should go without saying; it is not a tier I datacenter and should not be expected to be built as such. I don't think there is a bitcoin mine on the planet over 1MW that doesn't need modifications to airflow after the heat is there. You can use smoke bombs all you want, use some formulas that make you look like math Jesus, and try to predict what will happen before the heat but you never really know until you put it into place. I would be more concerned if they were not constantly looking for ways to improve their airflow.
Hi LordPaco...
Like what you have going on there. It will be interesting to see what you do when it gets to the point of having to do something to deal with the heat. Good luck to you, bro!!!
May 17, 2015, 11:46:22 AM
Proof?
Because you said so I have to believe it?
More likely that the units got fried and these people are responsible and fixing the problem given the report from Toomin.
And you didn't answer the question why the 'retrofit'?
Obviously there were issues.
Because you said so I have to believe it?
More likely that the units got fried and these people are responsible and fixing the problem given the report from Toomin.
And you didn't answer the question why the 'retrofit'?
Obviously there were issues.
I'm not sure I can provide you with any proof that would suffice given I can't go back in time and take a picture posing in front of both machines with a time on a card. I never took any pictures while I was there out of respect. I can only show you a picture of the machines they hosted for me running at my 1MW facility still under construction. There are two electric services at my building so while the 1200A 480V service is being built and not currently energized, I have a wimpy 400A 240V service I'm tapping. The picture is a little old one rack has not been hooked up yet but it is now. The S1's in that picture were never hosted by ASICSPACE, that would have been a loss obviously. It's worth noting my most temperature intolerant miner would be the cointerra, overheating if the room just goes over 80F, and I have logs showing a stable hashrate on it for months while at ASICSPACE.
Re the retrofit it should go without saying; it is not a tier I datacenter and should not be expected to be built as such. I don't think there is a bitcoin mine on the planet over 1MW that doesn't need modifications to airflow after the heat is there. You can use smoke bombs all you want, use some formulas that make you look like math Jesus, and try to predict what will happen before the heat but you never really know until you put it into place. I would be more concerned if they were not constantly looking for ways to improve their airflow.
May 17, 2015, 10:36:31 AM
Proof?
Because you said so I have to believe it?
More likely that the units got fried and these people are responsible and fixing the problem given the report from Toomin.
And you didn't answer the question why the 'retrofit'?
Obviously there were issues.
My equipment was running right next to those S5 when they allegedly got too toasty. Not a single machine of mine was damaged, power supplies just as solid as ever and all of them are still running as I type at my own facility.
I feel bad for the guy that has his machines damaged, but I honestly don't think it was any kind of intentional or willful neglect of oversight. Even though I no longer need a hosting facility I would have no qualms using them again, even after this incident. Kind of like how Jack in the Box after the ecoli incident was probably the safest fast food place to eat.
It appears more then allegedly - https://bitcointalksearch.org/topic/m.11238845
Overheating to point of damaging gear does not happen in one day. It would have been noticeable on heat increase, and heat should be checked.
Having a data center you are agreeing to host peoples gear. You have a responsibility to keep environment safe. If it was something out of their control it's a different story. But reading temp's and even adding cooling gear if needed before hurting gear is well within what is expected.
I've read that thread - and yes what you see there are allegations. You may have skipped the part where I said my own machines where sitting right next to the lot of S5 that had problems, when they supposedly had problems, but for some reason my machines have received no damage while in custody of ASICSPACE. So sorry for the other guy, but I'm happy my machines are more stout than his and survived the apparent inferno that ASICSPACE runs
Because you said so I have to believe it?
More likely that the units got fried and these people are responsible and fixing the problem given the report from Toomin.
And you didn't answer the question why the 'retrofit'?
Obviously there were issues.
Was it because they were responsible for destroying customers equipment in their overheated datacenter?
My equipment was running right next to those S5 when they allegedly got too toasty. Not a single machine of mine was damaged, power supplies just as solid as ever and all of them are still running as I type at my own facility.
I feel bad for the guy that has his machines damaged, but I honestly don't think it was any kind of intentional or willful neglect of oversight. Even though I no longer need a hosting facility I would have no qualms using them again, even after this incident. Kind of like how Jack in the Box after the ecoli incident was probably the safest fast food place to eat.
It appears more then allegedly - https://bitcointalksearch.org/topic/m.11238845
Overheating to point of damaging gear does not happen in one day. It would have been noticeable on heat increase, and heat should be checked.
Having a data center you are agreeing to host peoples gear. You have a responsibility to keep environment safe. If it was something out of their control it's a different story. But reading temp's and even adding cooling gear if needed before hurting gear is well within what is expected.
I've read that thread - and yes what you see there are allegations. You may have skipped the part where I said my own machines where sitting right next to the lot of S5 that had problems, when they supposedly had problems, but for some reason my machines have received no damage while in custody of ASICSPACE. So sorry for the other guy, but I'm happy my machines are more stout than his and survived the apparent
inferno that ASICSPACE runs Jump to: