Upstate Computer Systems LLC
Hosting Proposal:

Hosting costs:

Antminer: S9 and D3 @ 1400w

1.   $80/unit one-time upfront fee to offset the cost for expanding our electric system and setting up the network.
2.   $68/unit per month hosting & electric.


Antminer L3+ @ 800W

1.   $80/unit upfront to offset the cost for expanding our electric system.
2.   $39/unit per month for hosting & electric.


What we provide you:

1.   VPN for each unit.
2.   Hardware changes if PSUs burn out. You will have to supply the extras.
3.   Resets if Miners aren’t working properly.
4.   Power cables (if you don’t already have one)
5.   Network Cables
6.   Racking
7.   Internet
8.   Cooling for the Miners

We will need to be paid one month in advance for hosting.

You will need to provide the Miners.

We are in the process of developing generation methods to produce around 30MW of power for hosting units.

Please Call or Email us at:
Hosting@upstatecs.com or (607)- 242-5002

To back up a bit here, we are a small mining operation in a municipal electric area in upstate NY. We want to grow, but we can't get any more power in the municipal area. We have been searching for large amounts of cheap power and are in discussions with a power plant that is offering 4MW of power. We have had several discussions with them on our requirements including today, they have promised us pricing per MW early next week.

The 4MW is more power than we can utilize at this point, and we are looking to see if there are others in the mining community who might be interested in our excess power. We understand its all based on the price per MW. We are reaching out on this forum to try and get a feel for what power costs miners would be interested in. We are hoping the price comes in around $0.05kWh / $50MW.

Is there any interest at these rates? We need to know how much of a load we may have for our discussions with the powerplant early next week. The power plant has stated that there will be costs associated with the buildout to us to step down the high voltage they generate at. They have suggested a surcharge or a slightly higher rate until they have recovered these costs. We would be responsible for all buildout costs including shipping containers to house the rigs. We would also be responsible for all costs for wiring, service panels, and other distribution costs.

Please let us know if you'd be interested in what we hope to be $0.05 kWh / $50 MW costs. The location of these facilities would be northcentral PA.

These rates would not include the charges for hosting others units or buildout.

We are open to providing hosting and the buildout for these units at reasonable costs.

I hope this helps clarify my previous posts.
Thanks, Frank

So is this coin GPU minable? I couldn't find anything explaining the mining aspect of the project.

Could someone link me to this?

Thanks

There are several power plants that are looking for a base load, and we could provide the base load by running miners. These would be existing power plants that if mining becomes unprofitable would just go back to idle.

I am working on a one-pager for the proposed company. We're looking at this in several different angles and there's only so many hours in a day.

The benefit to you miners would be very cheap power. $50/MW would be the high end.

I'll try and have a one-pager posted by tonight.

Ask any questions you have.

We are looking at purchasing a power plant and/or several natural gas fields. This would give us the ability to generate cheap power and run around 30k-70k units.

Thanks, Frank

Yeah that was my bad, we have 408v 3-phase coming in our building and 480v 3-phase coming off our gen-sets.

Thanks for the help!

I would say as of October 2018, the only people who are holding Bitcoin fall into three categories.

Category 1 is people who have been holding Bitcoin from very early on and see it as a very long-term (10 years) investment. This group has probably already gotten their original investment back and are now just waiting to see what happens to Bitcoin in the future.

Category 2 is people that bought in the 12k-20k range that probably borrowed the money and just can't fathom or afford to sell now and realize that large of a loss. This group will most likely sell their holdings once Bitcoin recovers to $20,000.

Category 3 are larger professional investors that are used to getting a 10-25% return and are amazed that you can get that per month in crypto. This group is probably actively investing in new coins good or bad and selling once they've made 50-100%. They enjoy the volatility of the smaller coins and keep their capital base in Bitcoin for ease of deploying capital and its recently found price stability.

Hey all,

I am just putting out some feelers for potential big customers, I have the opportunity to generate 1-90MW of power between $35 - $50 per MW. This would require some upfront investment and most likely a partnership with some large miners.

I am just getting into "Big mining" as id call it and I want to know if these numbers sound good or am I just wasting my time trying to put this project together.

PM me if you're interested and we can have a discussion.

Thanks, Frank

Thanks! We're also setting up some large natural gas gen-sets and your answers helped with that too.

We're going to be using a primary transformer to step down the 480v to 240v. Thanks again!

My newest problem: I am about to add a 1000 Amp service to my building for running miners, my problem is the service will be 3-phase and the miners run 240v single phase, how do I get from 3-phase 408v to single phase 240v?

I've seen some 3-phase PDUs, is this what I need?

Obviously, I need to balance the load or it will burn the transformer out.

Thanks in advance, Frank

I was not expecting that answer! Thanks a ton!

Hey wise miners, does anyone have experience running miners on a satellite internet connection? One with like a 50gb soft cap and then they really slow your speeds?

I have access to cheap power and it would be really expensive to run cable to this place, I want to use satellite internet but I would be putting about 200 miners and using a VPN to connect to them, will this use more than 50gb of data per month?

Thanks in advance, Frank

Near Binghamton NY

Any miners in the Northeast, (ME, NY, NJ, VT, MI, RI, CT, NH, PA) looking for space to put miners in cheap electric? I have 4000 sqft at $0.04 kWh in NY.

Shoot me an email if you're interested. Frank@upstatecs.com