Bitcoin Forum

Mining Community,

Bitcoin ASIC Hosting has signed a deal to utilize Dell's Data-center in

Washington State to offer the highest quality colocation available to the

market.  This is a fully managed service, which includes:

-Onsite monitoring and tech support
-Units are fully INSURED
-Setup, rack shelving, cables
-Does not cover power supply if your unit does not come with one*
-Dedicated state of the art cooling and rigorously monitored ambient

temperatures
-Hosted in a tier-3 rated datacenter

All Inclusive Hosting Monthly Fee:  $205 per kW per month


One-Time Setup Fee: $42.00 per U of rack space.

Currently we are accepting 3-month minimum prepaid contracts. For large operations, Bitfund also specializes in custom hosting facility build-outs.  Often building your own space is cost effective over leasing.  Reach us for pricing and consultation at enterprise [at] bitcoinasichosting [dot] com



View our hosting price page here:

www.bitcoinasichosting.com/pricing/ (http://www.bitcoinasichosting.com/pricing/)

We at Bitcoin ASIC Hosting have been providing unsurpassed quality co-location to our clients since the first Avalon series of mining hardware. We have a record of excellence dealing with hardware repairs, quick RMA service, and advanced troubleshooting to keep units online 24 hours a day.  Our staff of Linux engineers, customer service reps, and onsite support provide unmatched quality to our competitors.  We built our own hosting facility two years ago and in our process of expanding to a new facility found Dell as very suitable partners.  Dell’s Western Technology Center is located in Quincy, Washington and is the highest rated facility available for mining hardware.  We are proud to provide the only dedicated ASIC hardware support to a Fortune-500 data-center.

What we are looking for: PM or email us at hosting [at] bitcoinasichosting [dot] com with the type and number of your units you are looking to co-locate.  For large orders and consulting email us at enterprise [at] bitcoinasichosting [dot] com.

FAQ

View our full FAQ at: www.bitcoinasichosting.com/support/FAQ/ (http://www.bitcoinasichosting.com/support/FAQ/)

Do you sell any hardware?
We are not selling any hardware at this time.  We only provide server co-location for hardware that has already been purchased by our customers.  Our clients save time and money by directly sending their units for us for documenting, configuring and hosting.

What mining services are provided?
We provide an all-inclusive hardware co-location service specific for cryptographic mining.  Your miner will mine on a preferential server on a major pool.  We have extensive measures to receive instant notification whenever a unit is not hashing.  Our team is able to respond to these issues immediately and provide you with the highest up-time possible.

How long are hosting terms?
We provide our clients with 3, 6, and 12 month contracts.

Where is Bitcoin ASIC Hosting located?
We operate and manage facilities throughout Washington.

How can I pay?
We are currently accepting BTC (2% fee) and USD via check, wire transfer
(international only) and direct deposit into our Bank of America account.

If I prepay but my units have not arrived what happens?
Your hosting term does not begin until your units begin hashing.

When are you ready for hosting?
We are fully operational and have capacity now!

What insurance do you carry?
We offer insurance against theft and acts of God.  We do not offer insurance against lost profits.

Is there a setup fee?
Yes, there is a one time $42.00 fee per U of rackspace (1.75 inches).  This fee covers mounting, network setup, transportation, configuration and cabling.  This fee is non-recurring.

Do you support non-rack mountable gear?
We have experience deploying non-traditional mining operations.

Interested. PM sent

seems like you have taken the douglas country reccomendation

Interested.

I am also interested. I have sent a PM a couple of days ago. Let me send another one.

I expressed my interest too. I think Dalkore is a little busy currently (hopefully setting all this up?). It'll be good to see if it matures into something.

Update:  Update coming soon.  Please send me your email address if you didn't already.  I just sent out requests for them.   Thanks.

What i dont understand yet is the power cost. Its so very low that it seems unbelievable to me. I thought about finding cheaper power in my country but it seems not possible. At least in a reasonable scale.
So when you get so low power cost... why isnt the creator of the power selling it into energy exchange? I mean they would get a better price there. Why is it sold so low?

If you dont want to answer in public, please send me a pm. Its not that i could take your source since im on the other side of the earth... :)

Washington state does have some of the lowest energy prices in the country, but even then .02/kwh is still unbelievably low. http://www.bls.gov/ro9/cpiseat_energy.pdf shows the average for Seattle area at .09, so I'm not sure how he could get it for .02. 

The phase 2 location will not be in Seattle.   I am currently paying that rate but the plan is to move the operation to a that low cost power district.   Already getting strong demand for this.   Look for 20-30 units to manage and host.  Hope that helps explain the project.

http://www.douglaspud.org/Service/Schedule1GeneralService.aspx - douglas county for the many who can't believe

oO How they do this? And why dont they transport and sell the power to a power exchange?

From looking at the website, they are using hydro power which is pretty cheap in the long run as you don't have to buy fossil fuels.  They may also already sell the excess power to an exchange, who said they don't? It also appears to be a coop, which means they only pass along actual costs and don't charge additional for profit more than they need to run the business.  If they also sell the excess generation, that additional income would also reduce the rate for customers in the coop.

A coop... idealists would be an explaination for this... good find this place, congrats... :)

Already sent PM earlier, but registering my interest as well.

I'm interested.  Especially if I become unsatisfied with the BFL hosting service.

Pm sent

Sent you a PM.

Interested. PM sent.

You didnt write anything about prices... what will it cost to host a miner there? For example per month. Or is there a fixed hosting fee percent per hashrate?

Will it maybe be possible to remotely change settings of the miners. For example changing pools, mining altcoins and so on?

And in case i use your service... do you expect trouble when sending complete miners from outside usa into usa? Would it be better to send chips only and assemble in usa?

very nice , 0.02 /kwh ? so cheap. ;D

Any updates on this , I'm interested in this project.

Patiently waiting for an update as well ;)

Didnt get an answer to my pm either. I wonder why.

Maybe he is securing his business and does not have the time to update this.

Not some minutes? I see he was logged in a couple hours ago. So i wonder if there isnt something new to tell yet. But even then a status update would be good.

At the very least...living in Washington myself...I know where to set up shop now :P

I guess you need some miners for doing so. For the average joe it probably doesnt make sense to rent business rooms there.

si si...I'm only running 2 Gh/s here at home but I'm working toward investing in bigger better badder soon too. I was going to go solar but at 0.02...if rent also happens to be cheap in the area...it may be worthwhile to rethink things a bit...hmmm... Not to mention warehouse space that already has cooling for the miners might also be good for cooling 'happy' plants as well. This is Washington after all ;)

Any update?

What concerns me more about this service is, What will happen when the authorities found out you're generating digital currency. According the new FinCEN regulations, Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies (http://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html)

And I think a 2,500sqft warehouse will capt their attention.

What if he simply offers hosting and doesnt interfere with what the customers do with their hardware? Its not his responsibility then. He only gets a fee for hosting the machines. Maybe he doesnt even have to mention bitcoins. Name it Hosting for security algorithm calculation network devices or so...  ;D

Well, I just want to leave that there. Just look at FC4B and learn from what is happening there. I'ts a point every hosting provider in the US should take in count.

By the way, thanks for your help.

I am not exchanging any Bitcoins.  This is a pure management service with payment send direct to the owner.   Does not fall under that guidance.   


BTW - Service is open and we are accepting hardware.  Demand has been very strong.

Hosting fee ?

So, are you telling me you're not going to exchange currency from your revenue to pay for expenses?
I'm just seeing a big hole there where the authorities could start messing around.

When the customers pay for the hosting its a normal business. He can exchange it to usd or keep it in btc. Its not that he runs an exchange then.

@Dalkore... can you explain some more what your service includes? Remote control for the miner, for example setting the pool and so? Whats the monthly fee? ...

I wonder if problems occur by importing into usa. One probably has to pay vat again when importing.

Of course, but the regulations are not only for exchangers.
Also, an extract from the document.
"In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency."

In this definition everyone who uses bitcoins would be an exchanger isnt it?

Yes, in the US.
But the thing is, a hosting service will be moving substantial amounts of BTC.

But but but...he's just renting out space in a room to house the machines whilst they be running. I don't think any of the coin generated will ever go to his wallet...it should be going directly to whoever's wallet the machine belongs too. I don't even see the service being paid for in btc...USD seems perfectly reasonable here...through paypal even like any other hosting service would. Just sayin...

edit: wouldn't it be similar to a farmers collective? I rent land to grow crops...land owner cares for the crops but I eat the food. Or stabling a horse? Or storing a boat? Or am I missing the fact that it is JUST because it is a digital currency?

I know, I'm not trying to discourage anyone.
I'm trying to make people think about it, because right now everyone is saying "nothing will happen", but when the time comes and something happens you should be prepared.


Actually, the US government is trying to regulate BTC

Hoping I snipped up that quote right buuuut...ya, I guess we all knew it was going to happen eventually... Still, I think my tiny little 2(ish) Gh/s mining operation is safe...from the government at least...for now. I just need to worry about the drop in price lately...I keep hoping it will bounce back up to $200 plus for btc ;)

That's about right, but what if one of this hosting services reaches something like 3 TH/s in site.

Thank you everyone for you concern.   We take our fee from the mining proceeds and then put the coins into storage where the client can request a withdrawal at any time.  It is their hardware that is being manged on their behalf.   Each person is responsible for their own regulations but at this point it is "only" guidance and there is noting explicit against managing a person's mining machine. 

With that said, our fee is 9% and that is all inclusive.    Demand has been strong and we are at the accepting hardware phase.  I am driving out to the new site right now (5:50am PST).   

Im really not sure if its so hard. Arent always said that us-government is targetting the exchanges only now? I never read that this applies to normal people too, regardless of the amount. Of course... when someone changes fiat to bitcoins that would be a another thing. But bitcoin for a service or bitcoin for goods?
Man... it wouldnt be bad if some more legal security would be there for bitcoins.

Difference is that I am not an exchange.  I am only managing hardware.   I am specifically staying away from that area at this point.

When they first started cracking down hard on piracy everyone was affected until the wave of hysteria had subsided and laws were created to protect the individual (not with protection of course but with the fact it become non cost effective to go after the 'little guy') until now the only ones affected by piracy (really) are the ones actually trying to make a profit off of other peoples work. I see virtual currency being similar. At first they are going to just say no and everybody is screwed. As they get sued more and more for being ridiculous then they will start to leave the little guy alone and focus on the exchanges and bigger players but in all honesty...if you're doing something even remotely 'big' with any crypto currency or anything in my opinion...I'd make sure a legal team is part of your budget. Even if it is just one of those groups where you pay $25 a month and get a discounted lawyer when ya need it...still helps.

Well, at least one is reading carefully. Thanks gektek.
My personal recommendation is, report your earnings and pay taxes. Remember how they caught Al.

hehe...yup that's what I'm doing...more or less ;) In the state of Washington it only costs $15 for a business license, plus another I think $5 for a DBA (doing business as) name. Then there is another smallish (less than $100 I think) fee to pay if you have a physical location and the fee depends on the county I think. Then just save receipts, keep track of earnings and expenses...and yer gold. Hell, take it one step further and pay the extra bux to get an LLC...then if the poo really hits the spinning turbine the company takes the hit...not you ;)

I 100% agree.  Pay your taxes and don't be a cowboy.

"With that said, our fee is 9% and that is all inclusive."

I not sure if I understand

if my rigs earn 100 BTC  per month the fees would be 9 BTC .

I presume this includes power

it better include power, you can run an Avalon @ 650 Watts in colocation for about EUR 90 / month

Yes.

It includes power, hosting, management and cooling. 

what I understand from this is

an Avalon makes about $10000 per month at present
you are  going to charge 9% which is $900 For power, hosting, management and cooling .
cost of power is about $9.36 using 0.02 /kwh

Is this correct ?

what happens  in December 2013 when hash rate is 4000 TH and difficulty is   525,536,000  and Avalon will be  earning about $ 200 per month
will you now charge  $18 ? --


what I am trying to say there must be a point where you will no longer want to host the Avalon -- (you losing money) just like a estimate what that hash rate / difficulty .

I have paid the carrying cost for 12 months so until next June it will be available.  I assume next gen will be out by then so likely we will just cycle hardware.    My goal is to continue this atleast for the next few years.   It is a great option so you can get the most from your hardware.

Updated.

I am in. Will send a few miners to get started and build up from there. - bitcoinerS

In what form to send the miner? completely assembled burnin miner or should they be built into a 19" case?

Built into the 19" would be best for speed of getting them hashing.  Or if you send the board and the parts with details instructions on how to mount them, I can mount them for you.   Either way works, I am pretty handy with tools and computer equipment. 

Thanks... i think then its best to create everything before, test it so that it runs fine and ship so you can turn it on and it mines.

What about merged mining? Did your coder look into it and was able to create something? Maybe he should check out what markm did here: https://bitcointalk.org/index.php?topic=224087.0 It might be useful to work on this. Maybe bringing it forward will help your pool and markm's code, so you help each other. Merged mining seems to me like the best opportunity to maximize the mining income at the moment without having to switch coins to mine every hour. Would be a nice plus.

Yep my engineer looking into.  We currently only primarily mine with pools that offer merged mining.   As long as its assembled and you can send me the drivers or what ever is needed to run the mining function.  I will test it and then get it hashing. 

Nice.

What about GPU mining hosting? An update on that? (what if I were to send you, say, a parts shipment directly, with build instructions? :) )

Please PM me with the amount of hash total, how many machines and the PSU size for each box.   I need to calculate the amount of cooling they will need along with space requirements compared to how much hashing.   I will get an answer back soon.

Thanks,
D

Are you...

http://hostedmining.com/

https://www.facebook.com/pages/Hostedmining/169549599877370

??

Just curious...

Nope.  I am working on the website and it will be online soon.   

huh...a lot more bitcoin mining operations up here in Washington than I thought. Although admittedly whoever those guys are seem to focus on Litecoin mining so I should have known. Anywho, I still don't have any hardware to host but hope to eventually so have been following this thread for a bit :D

ty ty!

If I only knew how to make BFL ship my Singles to your Hosting Facility instead of mine, I'd gladly join in.
It's just too hot in summer in this flat...

*free bump*

I contacted BFL support and they said it was OK! to change shipping address to the data-center DIRECTLY. Write an email to BFL support listing your order numbers and data center name and shipping information and they will send there.

Great news.   We just added more cooling today.  Demand is picking up.   Had 3 new inquiries in the last 12 hours. 

Update to main post.   

Can't wait for the site and more details - very interested - wondering if this is like most colos where I can still manage the miners software but you guys deal with power, network, security, etc...

It will be online soon.  I am going to work on it tonight, it is basically done.    Currently this is a fully managed service.   

Here are a few items that make it not like normal co-location:

1. Declining income from the mining hardware - discourages fixed fees over time as diff rises.

2. Steeper cooling requirements than normal data-centers - If you want your hardware to hash at the top-end and over-clocked you need additional cooling to run your ambient temperature lower.  I found as soon as I could bring it lower, all the hardware responding so much better it was like night & day.

3. Physical security - Once we have people getting our public IP addresses, then people can use techniques to try and ascertain the location of our facility.  We take security as one of the highest priorities and do not see the client get much benefit from putting this responsibility on them.  This hardware should be basically plug and hash if setup right with minimal customer interference.  Any downtime is reduced income for both the client and their hosting provider. 


I hope the gives you more insight into our thoughts on this currently.  With that said, over time as we get our location more built-out we will be looking into different options.   We may open another location that is setup for self-hosting specifically, it is something that is on our radar. 

Interested in gpu hosting. Sent you a PM. Did not get a response yet...

Sorry about the delay.  At this point we need to use hosting space for ASIC only.  Litecoin miners are the only units we would consider.  With how fast difficulty is rising, it doesn't make sense to use our cooling to cool a GPU miner.  We would need to charge a fixed cost and it would be enough that it would not make sense for you to host with us.   

a lot of bitcoiners in the area of wa - cheap electricity in certain areas of washington.
it's like mini silicone valley -

Yep.  It is the future.  Demand has been awesome.  Signed two more customers up today.   With this environment, miners will need all the help they can get.   

Major update, we now carry insurance for mining hardware.

Major update.   We have moved to a flat rate fee for hosting.  Please read our statement to the mining community as well.  Thanks.

so, if you state:


does that mean that 7360 Watts (32 Amps @ 230 Volts) of equipment will cost me USD 2539 / month?

Isn't that a bit steep, considering one can get colocation for that same equipment for about half that price?

(and I'm quoting colo prices here in Belgium, not in some cheap Eastern European obscure guys bedroom)

This is great, please give me a list of the equipment so I can properly address this.   What you are talking about is actually quite a load.   We are talking about 7,360 watts at 230 which at 115-120v would be 64 amps.  For a full rack in the U.S., you usually only get 40 amps at 120v per rack.  That means they will need to bring their electrician in to wire for your rack.  Next, 2 tons of cooling will need to be dedicated from their capacity just for your load.  In addition you will need to confirm they will run the ambient temperature at 74-77 degrees or you will lose hashing due to higher temps.

Last, what is the length on contract they are asking you to sign (standard 1 year in the U.S. for co-location) and are they asking for any of it upfront?  Also is your gear insured while in their data-center?

Question:  This setup sounds impressive, can you using a mining calculator and tell me what $2,539.00 a month represents are a percentage of total income?

This is a good exercise.  Please help me work through this, I love these questions, it helps us all.

Cheers,
Dalkore

First of all let me be clear I'm not trying to attack the great service you are trying to offer to the bitcoin community, I'm just trying to figure out how if electricity is so cheap at your end and electricity here costs EUR 0.22 / kWh, what is causing the price difference.

The price I quote is for 2 full 42 racks with 16 A each, so 3600 Watts each. This is a standard colocation with all the usual UPS, redundant power feeds, rundant internet feeds, cooling, individually locked cabinets, palm reading entrance, 24h on site monkeys.

77 degrees F is about 25 degrees C so that is standard (in the front of the rack, the back vents
out to a hallway that extracts the hot air)

I am paying a fixed fee per 2 racks, in your case one is only charged for the actual power consumption


The length of the contract is 6 months. There is a EUR 800 setup fee though, so it makes sense to have it for 12 months, but with current difficulty, I don't plan that far ahead ;-)

Payments are due each month


There is a general insurance in case of fire, flooding, damage caused by the monkeys.
There is no theft insurance, that you have to deal with yourself (but let's be honest, some of the most busy and expensive site are in the same colo, much more interesting hardware to be stolen)


I currently have 8 avalons hosted like that for a total 730 GH/s, this brings in about BTC 4.4 daily right now. Next difficulty, it will be BTC 3.3. Next difficulty it might be BTC 2.5.

This month it should be about BTC 100. This is about EUR 10k. The hosting cost is EUR 1200, so 12% is the percentage of total income.

By Xmas this will have increased to about 100% so by then the equipment will be replaced with 28 nm ASICS or it will run negative profit.

I totally understand, not offend even a little bit.  Thank you.  Now I will address each one, I will quote and respond.

First off I want to say, we built this from scratch and we do not have million dollar facilities and literally tons of unused hosting capacity that now I can use to this niche.  I am a simple miner and Bitcoiner like the rest.  I hope people keep that in mind and support use because we support the community and care.   If that is the comparison then there is no point.  I am trying to build something more personal and we have value-added services coming online that you will not find at a traditional DC.  Some people will care others will not.   Also a DC is not their to manage your miners and focus on making sure they are hashing optimally.  

WE ARE,  FOR MINERS BY MINERS!

I'm just trying to figure out how if electricity is so cheap at your end and electricity here costs EUR 0.22 / kWh, what is causing the price difference.

I'll tell you, cooling (real important and not cheap) and all the other costs that go into running the business, rent (low), power (low), staff (medium-low), insurance (low), networking (pretty low).  It is not just your power, people have to put in all the input costs and their time.

The price I quote is for 2 full 42 racks with 16 A each, so 3600 Watts each.

By my calculation that would not be enough amps for 4 per rack (I am getting 5.25 to 7.91 amps depending on the modules).  You want 20% overhead to not overload the circuit.   If they are giving you 230v at 16amps then you may be covered.

77 degrees F is about 25 degrees C so that is standard (in the front of the rack, the back vents
out to a hallway that extracts the hot air)

On the upper limit.  I found 74-75 is the sweet spot but that works.  


I am paying a fixed fee per 2 racks, in your case one is only charged for the actual power consumption.  

We charge based on the continual load.  Mining is a 24/7 operation.   We are a fixed fee as well.


The length of the contract is 6 months. There is a EUR 800 setup fee though, so it makes sense to have it for 12 months, but with current difficulty, I don't plan that far ahead ;-)  Payments are due each month.

We charge no setup fee, if I figured in that fee in USD that would add an additional 177 per month.  We also do not force our customer into a long term contract.  That is the real deal breaker if you look at it.  Ask yourself this, at this rate, what will your gear produce 6-12 month in the future?   That is where we shine.  Also we accept USD and BTC so there is another option for miners.

This month it should be about BTC 100. This is about EUR 10k. The hosting cost is EUR 1200, so 12% is the percentage of total income.

Make sure you calculate in the setup and tear-down costs.  Bottom-line is that these early ASIC units generate more heat and use more power compared to newer units where are prices are lower and they generate more.    We charge based on resource usage.   Think about it like a car, low MPG means on average lower upfront costs BUT higher operating costs over time.   The difference is that GAS (read:  difficulty) is only going up even though the operating costs are the same.   I wish not so much pre-order hardware was purchased but that is the hand we are dealt.   If there is a better way, please tell me :)

Update:   We now offer 10% and 15% discount respectively for clients for pre-pay for their ASIC hosting in 3 or 6 months in advance.   

Update:  New grand opening prices are now live.   Enjoy and thank you.

Update:    Installing new client hardware.

Update:  Added an additional 12 Terahash under management.

Update:  Added 5 Additional KNC Jupiter units.   Thank you for your support.

Bump

Updated.

Updated.

Updated.

Happy Monday.   Added more KNC Jupiters over the weekend.

PM and email sent

Answer to me if this is still alive  ;)

Got your email and my partner is following up.

Thanks,
D

Our second room is complete and taking more orders. 

Your facility sounds really interesting. How about larger deployments?

Do you have any info on your total capacity, what is already in use, etc?

And what sort of equipment you are using to keep things running (power distribution, cooling, etc)?

Hey antirack, I'm Dalkore's partner at Bitcoin ASIC Hosting.

We have the ability to fit any size deployment, please inquire at hosting@bitcoinasichosting.com for what you're looking for.

We have several options and facilities for hosting, we will be able to accommodate your order.

We are running redundant power and fiber, on a shared grid with an airport.  We use standard 30 ton A/C units.

Refresh.  Cheers!