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1  Bitcoin / Mining speculation / Re: Mining Gear Insurance on: December 20, 2019, 08:11:03 AM
We have insurance on our mining locations and for our business. I would definitely recommend it, the value of all our equipment is covered in the insurance.

I recommend finding a good broker that's familiar with the laws in your area that you trust and see if it's right for you.
2  Bitcoin / Mining speculation / Re: For how long can we actually mine ? on: December 19, 2019, 08:10:24 PM
I think the overall costs of mining and running a mining operation will continue to drop as well, which might greatly increase the timeline of mining being as profitable if not more-so than today.

Bitcoin mining will benefit greatly from the energy innovations and solutions we're currently creating to move away from fossil fuels. You already see it today with operations like ours. When you couple that with technology innovations and ASIC miners becoming much more efficient I can see the overall costs of running miners dropping off significantly.

I hear speakers like Andreas often talk about how even with enough hashing power the community wouldn't "allow" a 51% attack to happen. Whether that means creating some sort of fork, I don't see it becoming an issue for bitcoin at least.
3  Economy / Services / ZoomHash Co Location Hosting: New Pricing on: November 13, 2019, 09:52:47 PM
Hello,

For those that don't know we're a 100+MW capacity server and mining equipment co location company based in the Greater Pacific Northwest. As a company, we've been around since early 2015. We started off selling GPU risers, moved onto to ASICs and other mining equipment and have slowly moved into the hosting/co location business.

If electricity rates are high in your area, we'll likely be a great fit for your mining rigs. If you don't like the hassle of maintaining your miners but want to contribute to the network or just have some you've invested in our facilities at ZoomHash would be a great place to host them. We're fully insured and own our locations with long term power contracts, we're not going anywhere anytime soon.

Right now we're offering our best rates EVER for the holidays at $0.068 kWh. That's with NO setup fee for your miners either. Some additional benefits we provide at ZoomHash are proprietary mining software that has improved monitoring and analytics, 24/7 security at our facilities and expert support that wants above all else for you to get 100% of your possible hashing power. We believe at 6.8 cents with no setup fee and no revenue sharing there is room for everyone to mine.

We have the staff and capacity to handle any sized mining operation you might have in mind, feel free to ask any questions you might have.

4  Bitcoin / Mining speculation / Re: Quiet mining only with quiet fans? on: October 29, 2019, 03:55:34 PM
You should post a picture of your setup if you can. Typically fans get up to 8000 rpm on ASIC rigs so you should aim to get it up to there which isn't very quiet.

Depending on how big the hashboards are is how big you should buy the fans. Typically you want more exhaust than intake for negative pressure if your looking for a closed system, but fans usually operate at the same rpm when they are attached to the same system.
5  Alternate cryptocurrencies / Mining (Altcoins) / Re: MONERO adopts a new POW Algorithm to fight ASIC on: October 18, 2019, 06:46:34 PM
"Banning" Asics does not aid decentralization. There are rich farms who will  buy lots of VGA's than, if there is RandomX than they will invest in CPU's.


This is accurate. I think a lot of people will move to using companies like ours for their mining purposes. Essentially treating bitcoin miners just like server rack space. We're already doing both at our facilities, whatever the customer prefers to use our electricity for.

Right now if you have dedicated server equipment it's sometimes better to have it sent to an offsite location and managed there too. Even avoiding services like AWS so you can have something private and not being utilized by the Amazon overlords. We have Servers, ASICs and GPU miners at our locations. Love what Monero is doing but feel like it has more to do with preventing ASIC Manufacturers specifically from having a majority of hashing power and not mining operations around the world like ours which will continue to grow power capacity and operations.
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