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501  Bitcoin / Hardware / Re: Firmware upgrade for Asicminer Blade on: September 17, 2013, 08:03:01 PM
Thanks for the reply.

I've given it almost 24 hours, but still the same results. I tried the proxy on two different computers on my network, but more or less the same results.

How can I contact ASICMiner support?

What type of cooling setup do you have on the blade?  What is your temperature near the unit?

 
502  Economy / Service Announcements / Re: [Flat-fee] ASIC Miner Hosting (Insured) - Electricity @0.02/Kwh on: September 16, 2013, 08:08:35 PM
I'm wondering if your tech crew would be (for a cost of course) be willing to perform upgrades on mining hardware. What I have in mind is say for example if the Avalon teams introduces 55nm mining blades for the Avalon platform, would your team swap out the old blades?

We actually already do that and now I am going to add it to the website. 

Example:  For our Avalons, we added server-grade exhaust fans to increase the exhaust airflow and lower the overall temperature in the box.  I have seen sustained 115-117 GH/s at 350 mhz Overclock settings.

For every unit type that comes in, we do research and look into what kinds of enhancements we can do to improve performance.   We really want our customers to get everything they can from their miners.   
503  Economy / Service Announcements / Re: [Insured] ASIC Miner Hosting (Managed) - Electricity @0.02/Kwh on: September 15, 2013, 03:59:34 PM
Adjusted some pricing.   The power usage on the BFL units was a tad high so it reflected a higher per month cost.


-D
504  Economy / Scam Accusations / Re: Peter Vessenes (vess) on: September 15, 2013, 03:57:34 PM
This is a legal matter and we are not on the inside.  I have talked with and met Peter in-person a number of times and I have enjoyed his company and he comes across as a smart and competent business man and entrepreneur.  I don't believe this accusation has legs. 
505  Economy / Reputation / Dalkore's Reputation Thread on: September 15, 2013, 03:53:29 PM
This thread is for people who have had commercial interactions with Dalkore on this forum. 
506  Bitcoin / Mining speculation / Re: Conspiracy and Stuff: Bitcoin Mining viability by the end of this year on: September 15, 2013, 03:48:38 PM
Probably, but not definitely.
genesisblock assumes the hash rate will continue to grow at the rate seen recently. Instead it will slow down eventually, and maybe even level off a bit, similar to what happened when graphics cards were pressed into service. At the present time though it does not look promising for ROI on most of the current ASICs.

I don't see it leveling off until Jan 2013 or Feb 2014.  That will give all the ASICs to ship and clear their backlogs. 
507  Bitcoin / Mining speculation / Re: WARNING: Only buy 1+ Terahash or more Bitcoin miners hardware on: September 15, 2013, 03:44:33 PM
All generation 1 miners will be rendered unless very soon.   Gen 2 will get ROI depending on WHEN YOU GET YOUR MINER compared to the rest of the queue and others competing for lower difficulty slots.  It is all about when you get your ASIC miner.
508  Economy / Service Announcements / Re: [Insured] ASIC Miner Hosting (Managed) - Electricity @0.02/Kwh on: September 14, 2013, 09:30:54 PM
This is great, please give me a list of the equipment so I can properly address this.   What you are talking about is actually quite a load.   We are talking about 7,360 watts at 230 which at 115-120v would be 64 amps.  For a full rack in the U.S., you usually only get 40 amps at 120v per rack.  That means they will need to bring their electrician in to wire for your rack.  Next, 2 tons of cooling will need to be dedicated from their capacity just for your load.  In addition you will need to confirm they will run the ambient temperature at 74-77 degrees or you will lose hashing due to higher temps.

First of all let me be clear I'm not trying to attack the great service you are trying to offer to the bitcoin community, I'm just trying to figure out how if electricity is so cheap at your end and electricity here costs EUR 0.22 / kWh, what is causing the price difference.

The price I quote is for 2 full 42 racks with 16 A each, so 3600 Watts each. This is a standard colocation with all the usual UPS, redundant power feeds, rundant internet feeds, cooling, individually locked cabinets, palm reading entrance, 24h on site monkeys.

77 degrees F is about 25 degrees C so that is standard (in the front of the rack, the back vents
out to a hallway that extracts the hot air)

I am paying a fixed fee per 2 racks, in your case one is only charged for the actual power consumption

Quote
Last, what is the length on contract they are asking you to sign (standard 1 year in the U.S. for co-location) and are they asking for any of it upfront?  

The length of the contract is 6 months. There is a EUR 800 setup fee though, so it makes sense to have it for 12 months, but with current difficulty, I don't plan that far ahead ;-)

Payments are due each month

Quote
Also is your gear insured while in their data-center?

There is a general insurance in case of fire, flooding, damage caused by the monkeys.
There is no theft insurance, that you have to deal with yourself (but let's be honest, some of the most busy and expensive site are in the same colo, much more interesting hardware to be stolen)

Quote
Question:  This setup sounds impressive, can you using a mining calculator and tell me what $2,539.00 a month represents are a percentage of total income?

I currently have 8 avalons hosted like that for a total 730 GH/s, this brings in about BTC 4.4 daily right now. Next difficulty, it will be BTC 3.3. Next difficulty it might be BTC 2.5.

This month it should be about BTC 100. This is about EUR 10k. The hosting cost is EUR 1200, so 12% is the percentage of total income.

By Xmas this will have increased to about 100% so by then the equipment will be replaced with 28 nm ASICS or it will run negative profit.

I totally understand, not offend even a little bit.  Thank you.  Now I will address each one, I will quote and respond.

First off I want to say, we built this from scratch and we do not have million dollar facilities and literally tons of unused hosting capacity that now I can use to this niche.  I am a simple miner and Bitcoiner like the rest.  I hope people keep that in mind and support use because we support the community and care.   If that is the comparison then there is no point.  I am trying to build something more personal and we have value-added services coming online that you will not find at a traditional DC.  Some people will care others will not.   Also a DC is not their to manage your miners and focus on making sure they are hashing optimally.  

WE ARE,  FOR MINERS BY MINERS!

I'm just trying to figure out how if electricity is so cheap at your end and electricity here costs EUR 0.22 / kWh, what is causing the price difference.

I'll tell you, cooling (real important and not cheap) and all the other costs that go into running the business, rent (low), power (low), staff (medium-low), insurance (low), networking (pretty low).  It is not just your power, people have to put in all the input costs and their time.

The price I quote is for 2 full 42 racks with 16 A each, so 3600 Watts each.

By my calculation that would not be enough amps for 4 per rack (I am getting 5.25 to 7.91 amps depending on the modules).  You want 20% overhead to not overload the circuit.   If they are giving you 230v at 16amps then you may be covered.

77 degrees F is about 25 degrees C so that is standard (in the front of the rack, the back vents
out to a hallway that extracts the hot air)


On the upper limit.  I found 74-75 is the sweet spot but that works.  


I am paying a fixed fee per 2 racks, in your case one is only charged for the actual power consumption.  

We charge based on the continual load.  Mining is a 24/7 operation.   We are a fixed fee as well.


The length of the contract is 6 months. There is a EUR 800 setup fee though, so it makes sense to have it for 12 months, but with current difficulty, I don't plan that far ahead ;-)  Payments are due each month.

We charge no setup fee, if I figured in that fee in USD that would add an additional 177 per month.  We also do not force our customer into a long term contract.  That is the real deal breaker if you look at it.  Ask yourself this, at this rate, what will your gear produce 6-12 month in the future?   That is where we shine.  Also we accept USD and BTC so there is another option for miners.

This month it should be about BTC 100. This is about EUR 10k. The hosting cost is EUR 1200, so 12% is the percentage of total income.

Make sure you calculate in the setup and tear-down costs.  Bottom-line is that these early ASIC units generate more heat and use more power compared to newer units where are prices are lower and they generate more.    We charge based on resource usage.   Think about it like a car, low MPG means on average lower upfront costs BUT higher operating costs over time.   The difference is that GAS (read:  difficulty) is only going up even though the operating costs are the same.   I wish not so much pre-order hardware was purchased but that is the hand we are dealt.   If there is a better way, please tell me Smiley

509  Bitcoin / Hardware / Re: Butterfly Labs announcing new preorder marketplace on: September 14, 2013, 08:24:36 PM
Maybe.............a preorder stock market  Huh  Buy/sell/trade your preorders today!!!!!!  Cheesy

Wrap em up like the banks did mortgages & sell em all over the world  Cheesy

No joke, It sure sounds like an asset-backed security.  I wonder is this is actually fully legal in the U.S.?   
510  Economy / Service Announcements / Re: [Insured] ASIC Miner Hosting (Managed) - Electricity @0.02/Kwh on: September 14, 2013, 07:53:20 PM
Not sure I'd post that in case of future disputes.  Also that may soon be the only way to ROI.  Wink

It is covered in my policy and yes please only take this is example language.   The actual coverage is very detailed but it is geared for data-centers that co-located equipment. 
511  Economy / Service Announcements / Re: [Insured] ASIC Miner Hosting (Managed) - Electricity @0.02/Kwh on: September 14, 2013, 07:17:23 PM
Major update.   We have moved to a flat rate fee for hosting.  Please read our statement to the mining community as well.  Thanks.

so, if you state:

Quote
Management Fee:  $0.10 per BTU [British Thermal Unit] per month (watts * 3.45 = BTU)

does that mean that 7360 Watts (32 Amps @ 230 Volts) of equipment will cost me USD 2539 / month?

Isn't that a bit steep, considering one can get colocation for that same equipment for about half that price?

(and I'm quoting colo prices here in Belgium, not in some cheap Eastern European obscure guys bedroom)

This is great, please give me a list of the equipment so I can properly address this.   What you are talking about is actually quite a load.   We are talking about 7,360 watts at 230 which at 115-120v would be 64 amps.  For a full rack in the U.S., you usually only get 40 amps at 120v per rack.  That means they will need to bring their electrician in to wire for your rack.  Next, 2 tons of cooling will need to be dedicated from their capacity just for your load.  In addition you will need to confirm they will run the ambient temperature at 74-77 degrees or you will lose hashing due to higher temps.

Last, what is the length on contract they are asking you to sign (standard 1 year in the U.S. for co-location) and are they asking for any of it upfront?  Also is your gear insured while in their data-center?

Question:  This setup sounds impressive, can you using a mining calculator and tell me what $2,539.00 a month represents are a percentage of total income?

This is a good exercise.  Please help me work through this, I love these questions, it helps us all.

Cheers,
Dalkore
512  Economy / Services / Re: Miner Hosting LLC: Cheap and secure vetted host! on: September 14, 2013, 07:01:24 PM
FYI: I would not post a picture of your hosting location.  My jaw dropped when I saw this.  

Can you locate this place? No. Its a photo of a building not GPS coordinates. You bombing your competitors threads?
It has quite a bit of information in the picture that someone nefarious could start working from.  I apologize.  I will delete my other thread.   I just really was literally shocked.  

What's shocking about it?

I will PM you directly. 
I purposely took pictures of what the building will look like, but not the one that I will choose. They are all roughly the same, just spread all over a 30sq mile area. I appreciate the helpful words Smiley.

Thank goodness, that makes me feel much better.  It would be a blow to us all if someone bad happens to any hosts.  I am excited to see you get online.  If I get into an overflow situation I would love to swing some business your way and hope you would do that same.  Cheers.
513  Economy / Service Announcements / Re: [Insured] ASIC Miner Hosting (Managed) - Electricity @0.02/Kwh on: September 14, 2013, 06:35:11 PM
When you say "Insured" be more specific. Are future losses from a hardware claim covered?

Insured as in a theft, freak accident like a utility fire or act of god.   The policy is like 200 pages and I actually am in the process of reading every page but it looks quite comprehensive.   No you would not be covered for future losses but the insured value would be based on the retail price.
514  Economy / Services / Re: Miner Hosting LLC: Cheap and secure vetted host! on: September 14, 2013, 06:23:35 PM
FYI: I would not post a picture of your hosting location.  My jaw dropped when I saw this.  

Can you locate this place? No. Its a photo of a building not GPS coordinates. You bombing your competitors threads?
It has quite a bit of information in the picture that someone nefarious could start working from.  I apologize.  I will delete my other thread.   I just really was literally shocked.  

What's shocking about it?

I will PM you directly. 
515  Economy / Services / Re: Miner Hosting LLC: Cheap and secure vetted host! on: September 14, 2013, 06:17:05 PM
FYI: I would not post a picture of your hosting location.  My jaw dropped when I saw this.  

Can you locate this place? No. Its a photo of a building not GPS coordinates. You bombing your competitors threads?
It has quite a bit of information in the picture that someone nefarious could start working from.  I apologize.  I will delete my other thread.   I just really was literally shocked.  

Note:  I am very happy to see this person vet them self through John and wish them all the best luck.  For what is it worth, the location looks solid from the outside.
516  Economy / Service Announcements / Re: [Insured] ASIC Miner Hosting (Managed) - Electricity @0.02/Kwh on: September 14, 2013, 06:14:37 PM
Major update.   We have moved to a flat rate fee for hosting.  Please read our statement to the mining community as well.  Thanks.
517  Economy / Service Announcements / Re: [Insured] ASIC Miner Hosting (Managed) - Electricity @0.02/Kwh on: September 14, 2013, 06:02:56 PM
Major update.    Moved to a flat-rate fee.  Please read the statement to the mining community with our reasoning and explanation how we are calculating the fee. 
518  Economy / Services / Re: [Insured] ASIC Miner Hosting (Managed) - Electricity @0.02/Kwh on: September 14, 2013, 05:56:57 PM
Major update:  Pricing model changed to flat-rate model.
519  Other / CPU/GPU Bitcoin mining hardware / Re: I have $40,000 to invest on: September 06, 2013, 03:05:44 PM
Hey folks, I have a spare $40k

I want to know if its worth it to buy a mining rig and if so, what should I buy and how do I run it?

Or is it better just to put the cash into bitcoins and just sit on them for a few years?

I want to try mining just for fun, but am a complete noob.

Someone please enlighten me.

Note, this is cash that I can afford to lose, but obviously I'm looking for a profit Smiley

I would buy coins at this point.  Hold them and wait until Generation 3 comes out and see how the profitability is.  Anything under .07/Kwh is getting into the lower tier of power.  I personally pay .02/Kwh but I had to build a data-center to take advantage of it.
520  Bitcoin / Mining speculation / Re: KNC miner with hosting not profitable on: September 05, 2013, 01:45:05 PM
I thought you could avoid VAT if you went with hosting.

Anyway, I live in AMURICA where we don't pay VAT or Customs. I also get free electricity (to a point) so I'll be able to run this thing forever until it makes me money.

I hoped so too but they charge you VAT even with hosting if you reside within the EU. I believe a previous poster mentioned custom fees. You have to pay those I guess if you live in US https://en.wikipedia.org/wiki/Customs_duties_in_the_United_States.

EU and US are not a free trade Union yet though there are plans place.

That's odd.  Maybe you can have it shipped to someone who can host it for you in the US?

PM me, I will give you details about U.S. based hosting for your KnC Miners.   I have reached out to be one of our their U.S. hosting providers.  Cross you fingers for me.
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