Bitcoin Forum

Bitcoin => Hardware => Topic started by: Tovadnok on May 21, 2014, 02:11:27 AM



Title: East Canada miners
Post by: Tovadnok on May 21, 2014, 02:11:27 AM
Anyone interested in setting up a not-for-profit data center for miners in the Montreal area?
The reason for Montreal is cheap electricity prices.

The goal will be to have a space where miners can co-locate at cost. Every miner will be responsible for their own electricity costs. Common expenses such as rent will be split based on space usage.


Title: Re: East Canada miners
Post by: klondike_bar on May 21, 2014, 03:50:36 AM
Anyone interested in setting up a not-for-profit data center for miners in the Montreal area?
The reason for Montreal is cheap electricity prices.

The goal will be to have a space where miners can co-locate at cost. Every miner will be responsible for their own electricity costs. Common expenses such as rent will be split based on space usage.

I am definitely interested - but be warned that it will take significant startup money/power use to make it viable. 

Expect the costs of rent/oversight/internet/cooling/power to average about $0.22/kWh for a ~30kW power draw and about $0.175/kWh for a 50kW power draw.


Title: Re: East Canada miners
Post by: phroyRov6 on May 21, 2014, 02:22:02 PM
Anyone interested in setting up a not-for-profit data center for miners in the Montreal area?
The reason for Montreal is cheap electricity prices.

The goal will be to have a space where miners can co-locate at cost. Every miner will be responsible for their own electricity costs. Common expenses such as rent will be split based on space usage.

I am definitely interested - but be warned that it will take significant startup money/power use to make it viable. 

Expect the costs of rent/oversight/internet/cooling/power to average about $0.22/kWh for a ~30kW power draw and about $0.175/kWh for a 50kW power draw.

How did you calculate $0.22/kWh?
I know that 10 kWh running 24/7 costs $683 + HST in Montreal. That's about 9c per kwh.
Data center colocation costs are quite a bit higher.


Title: Re: East Canada miners
Post by: cozk on May 21, 2014, 08:49:03 PM
Anyone interested in setting up a not-for-profit data center for miners in the Montreal area?
The reason for Montreal is cheap electricity prices.

The goal will be to have a space where miners can co-locate at cost. Every miner will be responsible for their own electricity costs. Common expenses such as rent will be split based on space usage.

I am definitely interested - but be warned that it will take significant startup money/power use to make it viable. 

Expect the costs of rent/oversight/internet/cooling/power to average about $0.22/kWh for a ~30kW power draw and about $0.175/kWh for a 50kW power draw.

I am in QC and i pay 0.05$/KWh


Title: Re: East Canada miners
Post by: klondike_bar on May 21, 2014, 10:06:11 PM
Anyone interested in setting up a not-for-profit data center for miners in the Montreal area?
The reason for Montreal is cheap electricity prices.

The goal will be to have a space where miners can co-locate at cost. Every miner will be responsible for their own electricity costs. Common expenses such as rent will be split based on space usage.

I am definitely interested - but be warned that it will take significant startup money/power use to make it viable.  

Expect the costs of rent/oversight/internet/cooling/power to average about $0.22/kWh for a ~30kW power draw and about $0.175/kWh for a 50kW power draw.

How did you calculate $0.22/kWh?
I know that 10 kWh running 24/7 costs $683 + HST in Montreal. That's about 9c per kwh.
Data center colocation costs are quite a bit higher.

a bit of price estimation.

location (500-900sqft) : $1200
internet + other monthly costs: $100
overhead budget (maintenance, small fee for operator): $200
$1500/30kW = $50/kW/month = $0.07/kWh

Power = ~$0.14/kWh when drawing such large quantities
Cooling = +10% with minimal AC, +40% with closed-circuit AC = $0.015-$0.05/kWh

if you are trying to cut all costs as low as possible, with tremendous amount of airflow through the building to keep venting heat (especially in summer),  you are looking at:
$0.14 + $0.015 + $0.07 = $0.225/kWh

locating in Quebec you could shave off about $0.05-0.07/kWh from power and cooling costs.


I am visiting a small location in Toronto later this week that used to be used for a body/paint shop and presumably has a significant number of 8" vents and exhaust piping. If all goes well I might be able to offer some hosting there for a reasonable price in the $0.22-0.26/kWh range depending whether the heat could be managed with little/no use of an AC



Title: Re: East Canada miners
Post by: thatguy42 on May 22, 2014, 04:29:00 AM
If you can find.

1. A commercial lease that has electricity included.
2. Several 15 amp circuits. ( I figure 1TH/s per circuit.)

I'm in !

Our residential lease, electricity included; could hold 4Th/s (if nobody lived here), at a cost of $200 per TH/s.



Title: Re: East Canada miners
Post by: Tovadnok on May 22, 2014, 12:55:11 PM
If you can find.

1. A commercial lease that has electricity included.
2. Several 15 amp circuits. ( I figure 1TH/s per circuit.)

I'm in !

Our residential lease, electricity included; could hold 4Th/s (if nobody lived here), at a cost of $200 per TH/s.



I'm not sure if electricity included is a good thing in this case. Usually, that would mean that you're paying a higher price than you would be paying when dealing with Hydro Quebec directly.

I'm looking at some spaces now and will post here when/if I have something.


Title: Re: East Canada miners
Post by: klondike_bar on May 22, 2014, 11:10:14 PM
If you can find.

1. A commercial lease that has electricity included.
2. Several 15 amp circuits. ( I figure 1TH/s per circuit.)

I'm in !

Our residential lease, electricity included; could hold 4Th/s (if nobody lived here), at a cost of $200 per TH/s.

'hydro included' makes the assumption that a reasonable person would use a relatively low, or appropriate for common occupants, amount of power. The first bill that comes through with 3-5x the electricity costs they anticipated will send the landlord to you requesting a modification of the lease. (if you refuse you could likely be evicted for purposely misleading or failing to inform the landlord of your uncommon usage that would force an unfair cost burden on the landlord.

If you had water included, it doesnt mean you can start  making thousands of water bottles purposely knowing that the outrageous water consumption costs more than the rent.


Title: Re: East Canada miners
Post by: idrive240 on May 22, 2014, 11:29:30 PM
I am in QC and i also pay 0.05$/KWh


Title: Re: East Canada miners
Post by: Tovadnok on May 22, 2014, 11:36:29 PM
I am in QC and i also pay 0.05$/KWh

I'm in touch with several QC commercial real estate agencies and data centres. Trying to get the best price possible.

Will keep everyone posted. If someone from QC is willing to be an "attending" for, say, $100/month, please post here. I would volunteer, but I'm in ON.