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Is batch 2 already sold out? The website says out of stock.
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Who won the 5 BTC?
I am currently quite busy working on my rig and getting in touch with various places, many of which were posted in this thread. As previously stated I should make my final plans and actually make some down payments for where I choose to set up shop in a month or so. The guy who posted about Wenatchee, WA is so far most likely to get it, I'm looking into there. |
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Need any info/help around the Solvay area feel free to ask, even without the .5 BTC it'd be interesting to glance around your server farm and see what you've got set up.
There's enough big buildings/factories in the Solvay area to figure that your MW demand shouldn't disturb anything. If you ask them of any buildings around here that are vacant but have enough wires dropped to satisfy your demands they might be able to help, off the top of my head I can't think of anything that's for sale besides some random houses/apartments that are around. Unless you buy a house and hire an electrician to drop in some more wire they won't be much help though haha.
I called the Solvay Electric Department today and was given direction about open real estate that is able to put up with those power needs, so I'm going to follow through with that. Any help you could give me would be great, it's actually looking like a promising spot due to the dirt cheap electricity and the fact that most data centers have minimum power requirements (80 KW/month!) that far exceed my current budget. 100 kilowatts? Did I read correctly? It is like electric train accelerating.
I know, it's funny. Perhaps he needs 100 kw/hr per month, not 100 kW Not all of us are power engineers. Well, I am, but the rest of you guys are probably not. I mean 1000 kWh/day, which translates to about 8 KW/month. I had a funny mix up on the phone about that today where this guy thought I was going to power a small city. |
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I live in Syracuse NY, electric prices through Solvay electric (Solvay is a town/suburb of Syracuse) are 3 cents per kwh (link for proof: http://www.nypa.gov/partners/solvay.htm bottom of page). National grid/nimo sucks, they are 3x/4x as expensive. Cheap electricity and the sudden rise in bitcoin prices (sure they might go down...but they'll go back up assuredly) are why I'm here. Good luck finding a place! Thanks, I'm looking into Solvay due to your suggestion and will be getting in touch with the electric department by the end of the day. A problem I'm looking at though is the raw power consumption... I will need a facility that can provide far more than your average circuit... that's why I'm looking into data centers. If I could somehow work out an arrangement with the power company that would be amazing but I know not much of these types of proceedings. |
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I'm starting to become pretty set that I'm going to open shop in a data center as they have the security, electricity needs, and housing for what I need. I've been looking into Fortune Data Centers.
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You need to determine the wattage you'll need, the kWh consumption, the cooling requirements (natural/artificial and winter/summer) the amount of phases you'll need (no idea about amperage and how much each phase supports).
Also, difficulty increase overtime, forecasting in the BTC value (those last two factors are an unknown) and ultimately, ROI and profit.
I've already done all that and my last big hurdle is the electricity. With my planned minimum setup, I will be pulling a very liberal 1000 kwh/day. |
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It would be a logistics nightmare plus not to mentions you'll have to export the technology to Venezuela because I'm sure GPUs are way more expensive there... to start...how many GPUs / GHash are we talking about here?
My minimum setup is 30 rigs of 4x7950 each. As the marginal cost for each additional rig is $0 (just a linear increase of electricity), I hope to have many, many more. I'll probably create a thread about my plan after I vet it out with some business dudes in the next week or so and get rid of my noob-status. |
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Set it up in Venezuela. Electricity isn't necessarily cheap, but gas is almost nothing. You'd need a pretty large generator, but I think I paid $0.25 USD for a 10 gallon tank of gas in 2010, and it's cheaper now than it was then.
I'm getting investors in on this. I have a hard enough time relating the concept to them, and taking their capital to Venezuela would call for an incredibly sly pitch on my part. And keep in mind most Americans don't like Venezuela (save, of course, when they pull into a Valero to fill up). But it is definitely interesting and I'd like to see the math on that. I'm not sure how fast an industrial generator would go through 1 gallon of gas. |
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Damn that rainman Zuckerberg! Travelling back in time to plant the seeds of his soul into the unknowing. We're already all on Facebook! Is that not enough to quench your insatiable thirst for our information?
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Keep in mind the rates I gave you for MN are residential.
You might be looking at business rates if you consume more than a certain amount of energy.
As far as renting rack space in a datacenter. Datacenters are very reluctant to allow BTC miners due to the amount of power they drain and I can assure you they will ask what are you co-locating in their racks as they forecast power consumption per sq/ft and other analytics.
So keep those two things in mind.
Interesting. I've started reaching out to data centers but I'm not sure how I'm going to explain what I'm doing... protein folding  ? But I will be very up front with the amount of electricity I am going to consume. I haven't got any numbers from them yet but it i definitely an avenue I am interested in exploring as they will be able to house and provide electricity for my farm, provided they are willing to do so and the $/kwh works out. One center I'm looking at also has 'white space' available, which is empty floor space where I set up the farm myself without their racks. |
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deatcode has got the idea. I know that an 'all inclusive utilities' fee will not cover the amount of power I am requiring, I'm going to have to pay for it some how. Also, there is an issue of getting that much power in the first place, as it will have to be a specialized circuit. I can't just plug these into the walls of any old place and run them. I'm looking into renting a space in a data center. As far as the .0065 figure, it was something I head once in a conversation, so it might not be realistic. Running the numbers I am comfortable paying .05, though less is always more. I couldn't just rent some place near Niagra, it would have to be able to provide me with the massive amount of wattage I need, but I will look into the location at .03~ sounds very, very appealing. The .5 BTC bounty stands to anyone who points me in the cheapest direction and I happen to follow through with it. My plan should flesh-out in the next few weeks and once I sign the lease I will be sure to reward you. Don't bother looking in England or the UK in general, it's expensive as hell here.
I'm know you didn't ask for that, but you can tick it off your list.
You are right, places near hydro dams do get really cheap electricity, sadly the only friend who could help with quotes in that example, lives in Las vegas and building a mining farm there would be silly. Far too hot, so you'd just end up spending more money on cooling.
I have heard very good rates in a few select places in Europe, Norway especially, it's so cold so they don't really have to worry about cooling and they have hydro dams up there. Could ask a contact out there if you really interested. Only problem is I'm not very fluent in the language.
Yes, I am very willing to explore all options (though I will let Argentina slide this time  ) and would be grateful if you would follow through and get me in touch with your contacts. |
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I'm looking into setting up a GPU farm. Please hold off on the criticism and death threats, I've already made up my mind. My only obstacle is finding a place with very cheap electric rates as I will be pulling some serious wattage, think upwards of 1000 kwh / day. I've heard of electric rates being as low at $.0065 near hydro electric dams, however I can't find much online. If anyone points me in the direction to find such cheap electric rates at a reasonable locale I will give them a bounty of .5 BTC, but any other help is encouraged as well  |
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I have a bunch of LTC but no access to USD. As such, I need someone to buy me some GPU's off a credit/paypal site, for which I will wholly reimburse said individual with LTC. Each card will be roughly $450, and I need 4. I will put up the money in escrow and fun times will be had by all. PM me if you are interested EDIT Got it taken care of, no need to PM anymore. |
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People waiting on BFL orders will most likely be very disappointed when they get their orders late this summer, after the big Avalon units have already hit. By that time the difficulty will very likely be so high that is would be impossible to make back their investment.
Meanwhile, I'll be riding the LTC train. Choo choo baby yeah
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So what exactly is a unit of your soul? I want to bask in your early childhood innocence, not bear witness to hundreds of hours smacking it to internet porn. I don't just want some random part, I want the tasty parts.
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That man serves as a martyr and example to us all.
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I don't think any country's central bank would have much luck with crypto's as there will probably need to be inbuilt restrictions and tracking information, making people keen to hold onto BTC. What will kill bitcoin, if it is not a systematic crackdown by the US government, will be people's adoption of altcoins, specifically litecoin. Bitcoin confirmations can be a bit slow when compared to litecoin, which might one day be the deciding factor for a slow and steady transfer of wealth from the former to the latter.
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He who hath doth poseth here hath doth shed thy outermost later of noob and be closer to the tyme of poster, amen.
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