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Your rates are WAY to high, it costs under $1 a day to run an antminer.

As for the location, can you at least give us a province? That would be nice to know and I'm sure wouldn't really compromise the security of the location at all.

If you're interested, we could refer potential clients to one another... I can send you Canadian referrals and you could pass me US referrals?

I am curious and I do not understand much about it. But...

I googled Antminer S1, and got it has 180 Gh/s. I went down and checked how much it could do daily with BTC, and got today is around $14 USD.

Considering the BTC difficulty and others alternatives SHA-256 coins, isnt almost sure you could make more than 90 CND a month with one of those? So, why rent?

When you will start running it? If it takes like 2 months for you to build, than the BTC difficulty will be higher and these calculation does not fit into my considerations.

When are you looking at taking orders?
The rates are not bad considering the exchange rate as well.

I could likely start taking orders in a week and a half. If I know there is definite interest I can do my best to speed up the process. You looking to host just antminers?

I am thinking of it.  I have to save up for it though.
I also sent you a PM.   :)

Got your PM and replied.

At the moment a brand new Antminer is 1.11 BTC, but they may lower their prices in the coming weeks. You could perhaps find a good deal on a second-hand antminers either here on the forum or ebay and other classifieds sites.

Thanks.
I have been keeping a close eye on the sales.
In fact today I listed my Avalon that is running at 83 gh/s on ebay to try and get the money for an S1.
I hate that I have to list it so high there but the dam ebay fees are crazy.
Hopefully someone gets it though.

Yeah, I avoid ebay for selling now. The only positive thing about ebay is that it seems buyers are willing to pay more, but of course there are downside risks - like fraud or refund.

Good luck with the sale!

I have been selling stuff on there for a while but not anything expensive.  My wife on the other hand has a small store on there and she has had great luck.
This one has me nervous as if I get scammed I lose not only the money but the BTC it generates.
Nerve racking.
You are right too people there pay alot more for stuff.  Here is would only sell for maybe tops $300 on there it will be $600 to $700.  One went just a couple weeks ago for $1000.
I guess on there it is about convenience too.
http://www.ebay.com/itm/141217187115?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649 (http://www.ebay.com/itm/141217187115?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649)

Crazy thing is that it is reporting 86 gh/s on BTCGuild right now for the last 6 hrs.  It is a beast for sure that just runs and runs.

Thanks for the luck I need it.

I think the buyers on ebay just don't know how to value miners. Some would use not so kind words to describe them, but I shall refrain. But I think you are also right about the convenience part, and to that I would add that the buyer protection offered by paypal is an important factor as well. So although they may be paying more for the hardware there is less of a risk involved as compared to buying the gear from some random dude on the forum. Pros and Cons as with anything.

I agree, the Avalon miners are true heavy beasts of mining burden. Since you have a batch 2 or 3 avalon with first gen chips I think you are making a good decision to sell it. You can cut power consumption in half and double the hashing power by replacing your avalon with an Antminer.

Hmm, I guess there is no interest. Perhaps I was mistaken. I will give it a week or two max.

Just an update. I will have internet setup May 22'nd so afterwards I should be able to accept hardware into the data center.

the plan does not seem attractive.

Thank you.

Wasn't so difficult was it. Unfortunately that's 3 hours from me so not workable at all.

To assist you top professional colo 3 hours from where you are want 600/month for 6 units @ 6000 watt total.

What you are attempting to do is definitely needed and you may very well carve out a nice niche market if done right.

Good luck.

I've started a H/w Hosting Directory & Reputation thread - https://bitcointalk.org/index.php?topic=622998.0

Feel free to post your experiences with hosting providers.

Feel free to post your services (i.e. hosting ads).

Cheers,
QG

[Service potentially will re-open: - This time in a different part of Canada and overall a much better setup. I may open a new thread or may continue on with this one. I'll have cost details posted soon.

SERVICE IS CLOSED. I have maxed out my hosting capacity with my personal miners and without a serious upgrade to the cooling and power (more $) of the  location there is no current room for more gear


Hi everyone.

I - like probably many of you - have ran out of room to expand my mining farm at home, so I set it upon myself recently to begin looking for some commercial space where I can build a modest miner hosting facility. In order to offset some of my costs and offer a valuable service to the cryptocoin community I thought I'd offer miner hosting services.

This is a test post to see if there is actually anyone interested in this service. For now I am targeting Canadian miners only mainly because it is just easier to get the miners shipped to the data center and miners don't have to worry about import taxes and international shipping costs. However if there is enough interest I might accept a few international miners. A perfect example where this might work out better is for EU citizens that pay high import taxes. Potentially I can purchase the miner on your behalf thus you end up paying less in total taxes.

The miners will be managed by me. I will have redundant internet connections and I will see if I can bring in fibre into the building. As a third backup option I will have a 3G wireless data stick.

For now I was thinking of starting off with hosting just Antminer S1 units. They are compact, relatively power efficient but most important of all they're very reliable. However, I can accept other miners but depending on their power requirements the setup fee may be larger (to pay for hooking up stronger circuits etc).

Hosting Fees:

Antminer S1  (per unit) - 80 CDN /month (payable in fiat, or btc at the daily price average at cavirtex). This is I believe cheaper than any other antminer hosting service out there (power costs are included).
I decided not to accept S1 units due to their overly high power consumption and because they do not represent an easily rackmountable solution.

KNC Jupiter - $100 CDN /month (preliminary price).

Antminer S2 - $170 CND/month (preliminary price).

Dragonminer (A1 based bitmine clone ) - $170 (preliminary price).

Any other miner - just send me a PM and we can work something out. I will of course offer discount to those who rent for longer term. I think 6 months is the longest reasonable hosting term unless you have some miner that is ridiculously efficient and want to host it for longer term. We can do anything in multiple of 3. So 3 month is the minimum term.

PM me for quote!

Setup Fee:

$50 one time fee per miner. This covers labour and various extras such as Ethernet cables, new power hookup if necessary, etc.
This fee I can waive if you signup for a 6 month hosting plan or I may just get rid of the setup fee altogether when/if I gather enough customers.

Power supply for the miner can be either provided by you or I can buy one one your behalf. I can also overclock your miner if you'd like (beware that this voids your warranty).

Monitoring and maintenance:

I will also take care of this. I will ask however that you keep an eye on your miner from the pool end and notify me via e-mail (I am very reachable) of any downtime. Setting up 1 primary pool with 2 backup pools is strongly recommended. Later on if this catches on I will hire someone to build some sort of web interface where you can manage your miner remotely (ie change pool info). However for now it's all done manually by me. This should not be a big deal as like I said the miners should be pretty much a "set and almost forget" affair.

Cooling:

Cooling is of course taken care of and included in the monthly fee.

Insurance:

I will look into the costs necessary to insure all customer gear. This may or may not affect the monthly hosting fee (should not too greatly though)

Security:

Location is securely locked and I will look into installing a CCTV and security system installed (on top of the building's existing system).

Location:

The precise location is kept private for obvious reasons. I think I can safely disclose at least the province it's located in, which happens to be Ontario.

Scrypt miners allowed?

Yes, but only ASIC based scrypt miners - such as gridseed, etc. I'm not sure what to charge for these, but it won't be that much since for example the gridseed miners consume very little power. Send me a PM with your offers and I'll consider them. I'd prefer that you host a pack of 10 if you want to host gridseed units.


I will add to this thread as further info comes along and as I progress through the business plan. Any comments, suggestions, and ideas are of course welcome, so please feel free to share.


-edit March 08 2014 - lowered preliminary prices and added hosting location info

- edit April 14 2014 - added additional details

Your rates are WAY to high, it costs under $1 a day to run an antminer.

 In canada.. no they are not they have this delievery BS...

Where are you located I have a few Antminers I might put there.

Hello

I have 2 Spondoolies SP30's & 1 Antminer S2. I am looking for some hosting solution. Please let me know what we can do. btw I am in Ontario too...GTA

Thanks

pats

Hi Pats. PM me your e-mail address and I will pass it forward to my friend who will be the one moving your gear to the data center. You'd also have to let him know which pricing structure you wish to use - ie monthly, 3 month plan (likely the best value), 6 month, etc.

Edit: My friend is also in the GTA so it should be easy for you.

Hope you don't mind if I bump your thread with a few questions.

Have you set up a company to do this, or are you doing it as individuals?

Are you offering formal agreements in terms of network and power uptime? What about insurance in case of damage to hardware?

Do you offer inward network access to miners so that clients can verify or change configuration?

Sorry im newbie, this bitcoin cloudmining?? 1kwh $90  :o

I have an update with the price per 1kwH/month...and it shall be $70 CAD + tax (you only pay tax if you're a Canadian resident)

do you run KYC (know your customer) procedure? I am in the UK and all ways looking for cheep ways to run miners.

The cost of shipping one to you would be more than I would ever get back, Do you have access to anyone selling units near you so I could just pay and forget type deal?

No, at this time we do not have any KYC procedures as I do not think they are necessary based on our business model - we do not hold customer funds nor do we exchange or move money.

Ideally you'd want to buy gear from either Canada, United States or China (directly from bitmain, etc) and have it shipped to our data center. We do not know of any storefront around us that is selling miners. I'd suggest just scouting the for sale section of this forum.

Thanks for the answer, do you have to pay import duties if anywhere outside Canada tho?

What if we exceed the kwh limit ?

Not possible as there isn't a limit. You only pay for what your miner consumes based on a metering of 1000 watts/h/month. What this means is 1000 watts non-stop consumption for a period of a month. Naturally if your miner say consumes 1500 watts, the rate would be 1.5 x $70. So the total rate you pay depends on your miner's power consumption. I hope I am making myself clear.

Great news, now I just need a miner, all the sales threads for those in Canada, your the first one to answer  ::)

let me know if you can help me out with a unit or two  ;D

lool, well I try to find a few good deals here and there where I can get them. Now that we have cheap power it makes sense to pickup a few miners if the price is right. There are still some sales from Canadian miners I think. There is one guy in Sudbury who is selling S5s for $340 US I think. Heck if you bought some you can have them mailed to our Toronto shipping address and we'll drive them up to Labrador.

Another option is to buy from US sellers on the East coast. Shipping from the North East to Labrador should be reasonably priced.

We don't really have any worthwhile gear for sale yet. We are thinking of buying bulk gear and offering cloud mining or actual miners for sale but we're not at that growth stage yet.

Just an open question I think should be shared, As I am a non-Canadian resident, would I have to prove it for your records?
I would like to pay paypal if possible, this is a varified UK account if that helps.

Basically asking if your KYC?

best.

Update: Hosting fee will be $75 CAD + tax per month (per 1kWH) (Only Canadian residents pay tax)

Hi allinvain,

in your OP you say that



Now, I'm always looking around for a good hosting site and Canada seems to have attractive prices, but since I'm not a Canadian citizen I'm try to ascertain this thing about taxes and foreigners.

I've read most of this:

http://www.cra-arc.gc.ca/E/pub/gp/rc4027/rc4027-13e.pdf

without finding a clear exemption (btw, I'm not a lawyer nor an accountant) and I've also been told that there is no provision inside Canadian Law  (Excise or Income tax) that exempts foreigners from paying VAT/HST.

Do you have a direct reference to some law or whatever?

I'd like not to find out one day that the Canadian Government is looking for me... :)

Thanks.

spiccioli

http://www.canadabusiness.ca/eng/page/2651/

"If you sell goods and services to international customers, you are not required to collect GST/HST or PST, provided they take delivery of the goods or services outside of Canada"

http://www.cra-arc.gc.ca/E/pub/gm/b-090/b-090-e.html

"A supply of intangible personal property or a service made in Canada, including supplies made by electronic means, may be relieved of tax under the export provisions of the Act that zero-rate certain supplies of intangible personal property and services made in Canada to a non-resident person."

I will double check again with my friend and do some more research.

I understand the Labrador location is "undisclosed".  By chance is there inside pictures that we can check out?

If I sent you a bunch of s3's and their Corsair Tx800's psu [2 s3's per psu]  would you consider that 1000 watt or under? 

Some Crypo-Hoster's do not accept c1's, will you accept them?

By the way....if your price is in CAD and we are in the US I at the current exchange rate it seems like we are really paying about $57 USD per 1000w.  Is that correct?

I'll post pics of the inside when I'm back. I'll also add it to the website.

Are you still planning to post these pictures now that you are back from vacation? I am curious to see!

Scroll a few posts up, there are some pics there.

For now there are no new pics as we're still working on the entire setup. There are new racks to be installed, new gear to be arranged, and more exhaust blowers to be installed. Once it's all cleaned up and more "neat" I'll see if I can post more pics.

The only pictures are in the post I already replied to which said you would post more pictures when you returned from vacation. Those are the pictures I was asking about.


I thought those pictures you posted before were of earlier work in progress but that you had now opened for business to host for clients? So this is not the case, you are still building the facility now? I apologize for being confused.

When do you expect to complete the work and actually be ready to start hosting customers' equipment?

Hi, i only want to say i'm happy hosting with Allan&Co an S7, an SP20 and two S5 since 3 weeks, and planning to send some more stuff (after mining some btc  ;D ).

Best Regards,
Carlos

Hi, another S5 on the way!!  ;D

I'm planning to buy some more (new) miners, but probably in 2/3 months... 

Thanks for the awesome service and the hosting.  Looking forward to additional business in the future.

Hello guys.... who can I PM to get a quotation? Thanks

I'm back from vacation so things should resume as normal.

Hey can you PM me, I'm interested in getting setup to host five S9's.

Sure I can PM you or you can write to sales at cryptoboreas dot com any questions you may have. The price per kw on a 3 month pre-paid basis (best deal and the one I suggest going with) is $65 CAD per KW/month (taxes included). So your 5 S9s would be 5 x 1.2 (depending on which batch you have) = 6 kw x $65 = $390 per mont x 3 = $1170

The miners will have to be shipped to our Labrador shop or we can pick them up if you happen to be in the Montreal or Toronto region.

How do i get this going? You guys are the cheapest around i'd like to send you some equipment. I may be blind but i didnt see a cart function on the site where i can pay and send miners.

No there is no cart. Just e-mail us at the address I gave you and I'll reply with our shipping address. You won't have to pay until after your miners go online.

Thumbs up guys

- from a happy customer at Cryptoboreas!

Alan - see my sig.

Looking forward to sending the first of what I believe will eventually be many miners to the Great White North next week!  Thanks to Alan for his prompt replies to my queries; I know I'm going to like this!

Just so everyone is aware there is a power outtage in the region we operate in. This is in case some of our existing customers can't get a hold of us via traditional methods (email etc).

NL Hydro estimates power will be restored tonight at 7:00pm'ish local time:

https://twitter.com/NLHydro?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Just so everyone is aware there is a power outtage in the region we operate in. This is in case some of our existing customers can't get a hold of us via traditional methods (email etc).

NL Hydro estimates power will be restored tonight at 7:00pm'ish local time:

https://twitter.com/NLHydro?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Thanks for the update!  Are ya'll still basically at max capacity?  I've been pursuing some pandaminers but haven't entertained adding to Cryptoboreas since word was that space was capped off. 

Regardless thank you and keep up the great service!

Hi, This business seems interestin.
Sorry for the for dummies question, how does this work ?
Do I have to buy a mining device, such as Antminer or other, then send it you physically and pay the hosting fee and you send me the earned bitcoins monthly ?
Please let me know, thanks.

It works just like server hosting. You buy and ship the miner to us and we provide you with power, space, and internet connectivity for a monthly fee. The miner gets pointed at whatever mining pool you desire so you get all the bitcoins mined. We invoice you on a 3 month pre-paid basis (month to month is available but it's more expensive).

Thanks for the prompt reply. So could you or someone inform me how much bitcoin I could make per month net based on your prices, as I have no idea and would like to consider investing in this.

Thanks for the prompt reply. So could you or someone inform me how much bitcoin I could make per month net based on your prices, as I have no idea and would like to consider investing in this.

I've used a profitability calculator online which shows as follows, based on zero electricity costs (which is covered in your monthly fee I believe) for S5:


In this example I see a profitability in BTC of around $30 per month ($1.04 per day). How does this work if your lowest fee is CDN$ 65 per month? Is there an explanation? Or maybe I should be thinking of mining an altcoin to make it profitable ?

We cannot give you a solid number. This is a calculation you will need to learn to do on your own. It all varies based on what miner you purchase and the miner's performacne metrics (how much power it consumes, the hashrate, etc). All we can tell you is that we ask $65 CAD per KW/month. So say if you were to get an S9 that consumes 1.3 KW and produces 13.5 TH. Ok, so using a simple bitcoin mining calculator that shows that the miner will mine 0.185 btc per month which is $331 USD per month at today's btc/usd rate.

Ok, so now for the hosting fees. $65 CAD x 1.3 KW = $86.45 CAD in monthly hosting fees (does not include power supply rental or assume that you will provide your own)

$86.45 CAD is equal to $63.10 USD. Subtract $63.10 from $331 = $268 USD pure profit for you monthly.


My suggestion is don't blindly jump into mining without taking some serious time to learn the details of this game and figure out if the risk is worth it for you (yes there are risks, it's not a money tree).

Good luck with your research!

I'm confused as to what you're trying to say. Electricity cost is included in the $65 CAD/month. It _IS_ profitable to mine with us if you have the most efficient mining hardware.

Thanks again for a reply, What does this mean then : does not include power supply rental or assume that you will provide your own. ?

Mhm... This would be the same as having $0.09/kWh electricity and no other maintenance costs?

Just wanted to give a shout out to CryptoBoreas, I've got a nice chunk of hardware hosted with them without a single issue. Keep up the good work!

Can we buy hardware directly from you?

So, did you solve problem with power/room for new miners?

Are you aware that your partner in Goose Bay has died?  People in town have been looking for someone to claim control of the assets.

Are you aware that your partner in Goose Bay has died?  People in town have been looking for someone to claim control of the assets.

https://www.google.com/maps/@53.3029722,-60.3700759,1027m/data=!3m1!1e3

that's your operation right?  

Hey,
I have been looking around to compare prices of hosted mining in Canada. I see very different prices:

• Bitcoin Miner Hosting: C$50 per KWH/month https://bitcoinminerhosting.com/faq/
  CryptoBoreas: C$65 per KWH/month http://www.cryptoboreas.com/pricing.html
  Cryptominer: C$80 per KWH/month https://www.cryptominer.ca/pricing
  Mining Colocation: C$125 per KWH/month https://miningcolocation.com/product/miner-hosting-reservation-march-2018/
  Quotecolo: US$145 per KWH/month http://www.quotecolo.com/bitcoin-mining-colocation/canada/
  

It is not clear to me why those prices vary so much. What would I be getting from CryptoBoreas, that I am not getting from the cheaper Bitcoin Miner Hosting option? Also, what am I not getting from CryptoBoreas that I would be getting from Mining Colocation? allinvain - or anyone else, really - can you help me understand those major differences in prices for hosted mining in Canada? It cannot be due to just differences in energy prices across provinces.
Thanks!

Thank you for your quick response - greatly appreciated.

I've also seen that some of the hosted mining facilities in the US are at capacity and are still getting huge interest from folks who want their equipment hosted there. I wonder if capacity constraints allows some miners to charge what they want (within reasonability). Could that also be at play here in Canada? Anyway, I guess I should just call some of the more expensive guys, such as Quotecolo and Mining Colocation, to understand why they are charging higher fees (I don't see them active here in the forums).

Two more questions: 1. Are your services/offering still the same as in 2014 when you first initiated this post? 2. How much KWH capacity do you have?

The services are the same. Nothing has changed besides that we now have more gear under our wings. You mean free capacity? At the moment zero, but we hope to get some more power either this year or the next.

Not any time soon though? :/

No, unfortunately not anytime "soon" (depending on what you mean by soon). See our website and send us a contact request if you want to be added to the customer waiting list.

Do you have any timeframe in mind? A rough estimate?

I've been on the waiting list since 12th February  :D

Hello fellow miner. Alan here from CryptoBoreas. I hope I'm not being intrusive by e-mailing you directly like this, but in the past you agreed
to be added to our customer waiting list. I also don't know if you're still interested in expanding your mining farm or not, but since we're involved
in the miner hosting industry we have connections and easily hear about who is offering what and for how much, so I thought I'd share this info with you.

I've come across another Canadian company like ours that has some major power capacity available. They have 4 MW ready to be consumed shortly and they told me they
can easily expand to the 100 MW range. We're talking big boy data center stuff here. We recognize that we cannot play the game at this level yet
so rather than keep you on our waiting list forever I think we'd be doing you a bigger favor if we send you over to them.

Being a big data center they are looking for primarily large customers and the last time I talked with them they said 500 mimers minimum but they will try
to be flexible for us if need be. Their rates are higher than ours but they have more capacity than we can ever dream of having.

Here is their pricing structure:

100-500 miners (150kW-750kW) - CAD $95 (full service, includes all taxes (with sales tax)), CAD $50 installation per miner, 3 month full prepayment, 1 year agreement

501-2,500 miners (751kW-3,750kW)  -  CAD $85 (full service, includes all taxes (with sales tax)), CAD $50 installation per miner, 3 month full prepayment, 1 year agreement

2,501-5,000 miners (3,751kW-7,500kW) - CAD $80 (full service, includes all taxes (with sales tax)),  CAD $35 installation per miner, 3 month full prepayment, 1 year agreement

5,001-10,000 miners (7,501kW-15,000kW) -  CAD $75 (full service, includes all taxes (with sales tax)), CAD $25 installation per miner, 3 month full prepayment, 1 year agreement

10,000+ miners (15,000+ kW) - special rates that you'll have to negotiate

We have due diligence info on this company and the people behind it along with pictures of their facility. We are of course going to share this with
you if you request it.

If you are interested in pursuing this further you can either e-mail me here or you can hit me up on Telegram via this link:

https://t.me/btc_guru

Happy mining!

Cheers,
Alan

Just got this e-mail
Wondering if it comes from you?

Are you guys having some power or internet connectivity problems?
I see several of my units down and it's hard to think they would all fail at the same time.
Funny that my flaky unit with 2 dead boards is still online...more likely it's a bad controller board.
What do you charge to swap out a new controller board..I have a spare to send soon with my next batch.

Update: We now have a bunch of available capacity available as we are phasing out S9s. If you have S17s or similar newer gen hardware to host send them our way.

I have sent you an email (through your website), but does this mean you are no longer accepting S9s from new customers? Or that you are phasing out your own equipment...

hi,

how are you on space?

how long to place a miner online after receiving?

what are your current prices?

any extra taxes that are added to the price?

thank you


edit: can I access my miner online?

Hi,

https://www.cbc.ca/news/canada/newfoundland-labrador/great-north-data-bankrupt-1.5383713

Does this affect you ?  Is this you ?

If its not you, maybe some nice space opening up you can do something with.

Glad to hear it. I still send anyone asking about hosting your way. Now I know it hasn't been futile. Hope things have been good.

Hi everyone. I regret to inform you all that we are planning to wind down this hosting business. As some of you may already know the era of the small miner is over. The game is now dominated by the mega miners. What makes it worse is that there is simply almost no interest from small miners to host their gear so the market has dried up.

It has been a fun ride and we thank all of you that have been our customer over the years.

Happy mining and best of luck to you all!