Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: blunthammer on September 03, 2014, 01:43:17 AM



Title: Available data centers
Post by: blunthammer on September 03, 2014, 01:43:17 AM
Wanted to let the community know that there is available capacity out there ready to go, cheap (by data center standards), and finished space (you can move in this weekend. It's ex data center guys who know where good inexpensive facilities are that can be leased cheap.

The Coin Foundry has 3.6MW of available capacity right now in Texas at 5 cents

The Coin Foundry has 8MW in Washington at 5 cents

The Coin Foundry has 2 MW in Virginia at 7 cents.

The facilities are prepped and you can move into the Texas and Virginia ones this weekend.

The Coin Foundry has 6 other buildings at 20+ MW each around the US at 5-7 cents power they are performing due diligence on.

What kills me is the hair splitting over 1-2 cents for the guys at megawatt scale.

You know what kills profitability fastest?

NOT STARTING TO MINE TODAY.

http://www.thecoinfoundry.com - only Dallas is up on the site, they just got control of Virginia and Washington Friday. Dallas may be gone by next week with a miner shipping 100 rigs this month and 300 next month, just FYI.

I am a data center guy, and I will tell everyone that there is limited product available that is cost effective for miners. It's not the power but the cooling overhead that adds $$$ to the equation. The big data center players all overbuilt for mining operations (redundant electrical & mechanical systems that aren't needed for mining (no one dies if a facility loses power for a few hours). So they lose money to attract the miners and can't sustain keeping the miners as customers because you can lose money at scale too.

happy to answer questions - mark at blunthammer.com


Title: Re: Available data centers
Post by: RoadStress on September 03, 2014, 02:46:31 AM
Welcome. We have a dedicated thread for this: https://bitcointalk.org/index.php?topic=622998.0


Title: Re: Available data centers
Post by: ChuckBuck on September 03, 2014, 01:52:21 PM
Wow what a bargain:

Quote
Price: $125,000 per Megawatt per month. You can lease the entire facility for $250,000 per month.

NOT!   >:(

Don't think these prices help the little guys with Ant farms.


Title: Re: Available data centers
Post by: cloverme on September 03, 2014, 02:41:40 PM
This site still has template data of lorem ipsum in it and at least one of those photos was found on another website using a reverse image search.  Not a good way to start building trust here.


Title: Re: Available data centers
Post by: blunthammer on September 03, 2014, 04:43:36 PM
Cloverme, I am guessing web design is not their strong suit, nor is it what they have to offer, not sure what to say. I guess I wouldn't call them to design a website. If I had a yottahash to plug in and I could do it this weekend, I am signing a contract today. If I am concerned about sketchyness, I pick up the phone and have a chat with someone.

In so far as other images appearing other places - I would bet they are in several places - they have a facility to lease and want to cast a wide net, smart of you want to get the word out in my humble opinion.

Thank you for the redirect Road Stress. I don't want to annoy peers.

ChuckBuck - for megawatt scale data center the price is breathtaking. The averages per Kw for up to 1 MW delas are $300/kw for rent, PLUS the cost of power, PLUS taxes, PLUS interconnects. Said another way, at $300/kw it's $600,000 per month in rent. I would pay less than half for the same thing all day long... The issue is scale. The price per pound is always higher than the price per ton...





Title: Re: Available data centers
Post by: jimmothy on September 03, 2014, 09:18:50 PM
$125k/month/MW is absurd.

No sane person will ever consider hosting at those rates.

You might get some consideration at $125k/year.


Title: Re: Available data centers
Post by: blunthammer on September 04, 2014, 12:36:57 AM
$125k/month/MW is absurd.

No sane person will ever consider hosting at those rates.

You might get some consideration at $125k/year.

A MW in the Dallas facility is being negotiated as we speak. Megawatt scale industrial miner, hundreds of rigs to start. I guess there are crazy people who understand the path to profitability is to go at scale and go today. I know there are 2MW in NJ at a facility at $170/Kw plus power. They have more than covered their costs. Every. Single. Month.

The data I see says that the trend is go big or go home, fix your costs and focus on fast rigs...



Title: Re: Available data centers
Post by: dropt on September 04, 2014, 06:09:06 AM
The data I see says that the trend is go big or go home, fix your costs and focus on fast rigs...

I hope that data also includes owning your own chip IP, or being Chinese.


Title: Re: Available data centers
Post by: QuiveringGibbage on September 04, 2014, 08:00:27 AM
=====================
URL: http://www.thecoinfoundry.com/
Price: $125,000 per Megawatt per month. You can lease the entire facility for $250,000 per month.
Location: Dallas Texas, USA
Comment: Representative is blunthammer (https://bitcointalk.org/index.php?action=profile;u=227113)
Thread: https://bitcointalk.org/index.php?topic=767595.0
=====================
Hello blunthammer,

Have listed your services in this directory/thread https://bitcointalk.org/index.php?topic=622998.0 (H/w Hosting Directory & Reputation). Feel free to contact me should it need amendments. Happy to update :)

Cheers,
QG