Bitcoin Forum

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If you have any questions just pm me or email me. If anyone wants to speak on the phone contact me and I’ll give my direct number.

Few questions:

1. As a newcomer to this field, can you provide pictures regarding the facility itself (even if it's still unfinished)?
2. Can clients visit?
3. According to the following line (on "Secure & Monitored Facility" section):
Can clients have or request for an access to those (depending on the situation)?

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On a side note: It appears the "FAQ" section is missing something (in regards to payment methods).

Sorry I forgot to subscribe to my own thread. You can always email me too and I typically respond within a few hours.

I will take some picture this coming weekend. We are almost finished with the initial setup.
Clients can not visit, we do not allow anyone who does not work for us into the facility.
I will look into how I could share the live video without giving away control or ip, that might take me a few days to figure out. If it's not completely doable, I may allow exceptions if it's a large quantity of units.
I am working with some software solutions to allow remote control of units through their cloud and would allow notifications to be setup for the client as well. They don't have an ETA yet on that though.

I'll try to update you on the rest after the weekend. Do you have any other questions?

-Adam

We are operational now and have miners running. We are only at limited capacity right now. Still working on opening up other rows of racks.

http://blockfinders.us/IMG_1539.JPG

So for one month of hosting you are asking for 140.00

If we do the maths, one s9 runs around 2k.  Add the power supply and its 2100 approx.  

If you charge 140.00 that equates to .15kwh.  At that point the math looks like this

http://www.mycryptobuddy.com/BitcoinMiningCalculator/path?hashrate=13.5&powerCost=0.15&power=1300&hardwareCost=2100&sellingProfile=expenses

We are assuming at 8% difficulty increase(as par for the course over the last 10 years) and a 1% pool fee, as well as selling coins necessary for paying electricity.

So per month at the current pricing(not taking into account bitcoin may go down to 3k)

So based on these numbers the hosting company would be making 140.00 per miner per month, and the miner would be making 68.00.

Also we are needing to take into account while the hosting company would be putting out an initial investment of time and money to get the space up and running, you would also have the appreciation of business to resell the company for profit or if there is another spike new equipment could be installed.  

So the numbers look like this.  1 year mining s9 at .15 cents turns a profit of negative 1950.

So if you would tell me why anyone would use the service at this price?  I would appreciate not speculating on the future cost of the coins, because we are mining for the present.  If we were to speculate on the future costs, then we could also assume just investing money into the coin for a speculative future gain.  And if thats considered it trumps mining

We are looking to host around 120 D3 miners and we are willing to pay between 4-7 cents KWH depending on the deal.  Open to some sort of sharing agreement.

That is what we feel a good honest deal would be, same as it was in summer 2017 for most hosting facilities.

PM if interested.

Unfortunately I can't control the output of miners or I would have it be substantially more than it is currently is. I wish I could offer it for as low as you're asking .07 kwh but if I did I might as well close the door. After paying power cost, building cost, equipment cost & taxes on income it would be more useful to use as personal storage than a business. There are other miners out there other than just bitmains which have better ratio's. My prices are geared towards people who want to do longer terms so they get more value. I may still adjust my pricing too but it wouldn't be by much.