It seems like the logical next step to me.

However, it doesn´t really matter who deploys the massive DCs (except for the few remaining KNC customers who rightfully feel betrayed).

Fact is, there will be much more big deployment in the future, both with Bitfury, Asicminer and KNC devices.

Asicminer needs to sell in order to get NRE back, Bitfury and KNC should be swimming in money, but still they can make more.

Isn´t this the normal course of things?

The hosting isn´t expensive, (some of it) is a good rate for such high density deployments.

At first glance it might be expensive compared to running your miner at home, but even @home you need to factor in the used space, one-time expenses like AC, etc.
Finally, deploying at home scales much less easily.

The reason why you buy expensive hardware is because datatank isn´t around yet with a deployed mine, therefore there is no pressure for miners to look for maximized efficiency.

While DataTank might have 10MW online in 3-6months, it will be only a very small percentage of the network, still enabling less efficient (in terms of OpCost) miners to profit.

I am all for DataTank, as it seems to be a no-brainer with such low operational cost and a modular DC design.
It is an investment though, and the infrastructure (aka DataTank) will need around 9 months to break even with an aircooled device. After that you can REAP profits though, no doubt about it.

I put the tekchain folder into the AppData folder.

It seems to have worked, as it is now syncing the blocks fast.

Thanks for your help!

If i go to the TEK website, there is an option to download the windows and linux client, aswell as the blockchain.

MY wallet is stuck at synchronizing but hasn´t sincd one single block yet.

Therefore i hoped i could simply download the block history and manually load it into the client (why else would you be able to download it from the download page manually?)

If i run the TEK wallet in windows and have downloaded the blockchain manually, how do i make tek load it?

No, it was moved.

@spondoolies

It is (sometimes) customary to post a short notice when you move parts of the thread into a new one.

Maybe it was a mod though.

Won´t you get massive variance from such a small TEK pool?

What is MPOS?

Is the Tekcoin pool a p2pool node?

If yes, where is it located?

Nobody knows.

I hope your electricity price is low though.

At the end of the day nobody can tell you how high your return will be, but lower hardware price and power cost are always nice.

If you think you will get a better antminer by September, just buy it then.

While i think sp30s should atleast break even (barring catastophic circumstances), i think calculating with a profit of 100% is unfounded.

There will most likely be profit, but (with stable bitcoin price and no massively deployed 0.2W/GH miner in the next 6 months) I would guesstimate more around 10%-40% is realistic, denominated in fiat.

Please keep in mind that estimating future difficulty, atleast more than 5-6 months into the future is pure vodoo.

I am actually eager to know when chips are scheduled to arrive at spondoolies´facilities.

Is it mid July?

That is actually what I said (atleast meant to say).

They ordered atleast the same for themselves, and now they have additional units that customers didn´t want to own.

So if you have 3 nodes on servers, with high bandwidth, manually peering them so every node has atleast two peers should give you a very good performance?

Is bandwidth the limiting factor on peers or is it ping time?

Thank you for clarifying, looking forward to the news

I have a question:

Assuming one would have limited funds available (duh) at this moment in time, would it be possible to buy B shares (ie without asics) now and pay for the hardware in around 2 months?

This should allow for deployment of hardware within the same timeframe as "normal" A shares.

Would that be a possibility?

For anyone with hosted units in Iceland, is.centralcavern.uk:9332/static/ is a p2pool node located inside Thor Datacenter.

I have a ping of under 1ms to it, and pings from Iceland should be excellent.

This is the first p2pool node in Iceland afaik.

This is in the prospectus. It takes between 3-6 months for full deployment. The longer it takes the cheaper hardware per GH gets (OR you receive more efficient hardware, perhaps from spondoolies, or another GEN....)

As hardware will only be bought (produced) once the date for DataTank deployment should be fairly firm, the cost and efficiency can only be determined then.

However, for a best prediction of cost, DTMA holders are asked to pay a fee per kW now, which shouldn´t change as much as the price per GH over time, when more power efficient equipment becomes available.


As i hopefully described comprehensively, it is less relevant when the actual Tank will be ready, as the hardware prices at the time of deployment will be used for calculating the cost per GH.

Nobody is "still" ordering from that place.

I suspect they had a higher than 50% refund rate on their Neptunes, which also gives them around 3PH more to deploy in their DC than what they had originally planned.

Their price is and always has been outrageously high.

With all the different, more professional manufacturers shipping, they will not be able to sell much more of their product to customers.

However, at this point they simply don´t care, as they are now in the Bitcoin Datacenter creation business.

Electricity cost in WA state for Datacenter use goes for 3-4ct/kWh, so I am quite confident that described rates can be achieved.

In any case, it is much lower than traditional hosting and is also more power efficient (cooling).

I would assume atleast around 6PH is from KnC alone though.

They have atleast 3PH refunded units plus the ones they ordered for their own mine to deploy, so this estimate is actually low.