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omg - Why is the hall so big? i mean, u guys wanne build up in the air in the future  Or u just get cheap an old bunker from the nazis  Otherwise very nice. Longs quit impressive ! Good Work  they didnt design it this way, the building is an old fruit storage warehouse for a juice company(treetop). it was engineered for an entirely different purpose, and they thought they could use it for another, as you can see it didnt work out well. the local grapevine says the whole thing was not designed by datacenter engineers, which is probably why it failed with our 110+ degree days, that people not from here apparently were not expecting. |
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We will be making at least two trips to that area, so we can keep transportation costs low (if you just want storage) or zero (if you choose to host with us).
cashmere is like a 12/15 minute drive from your datacenter, i hope you arent charging much for that trip.  |
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I am currently in Moses Lake and like to view a big mining facility Tuesday or Wednesday. Please PM if possible willing to sign weaver on location
drive by the old treetop building in cashmere, thats where ASICSPACE is at. some of the others have no management within a 100 miles(so they wont let you in, or your tour would be given by minimum wage day to day staff that doesnt know much), and others are so scary looking they are afraid to let you in the door. source: i live in wenatchee and ive been to a few, i also know a lot of licensed electricians around here that have sent me photos of these places that make them cringe. |
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Remember they will be running miners of other owners too. They make money selling space, service, and electricity. Doesn't have to me a miner either. It could run a big-ass server or 1000 too no power redundancy, no backup internet service, or really anything else that a normal hosting facility would have. coupled with the fact that there are about half a million square feet of brand new, world class, tier3 datacenter space within 20 miles of their location... i doubt they have any other options for clients. |
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i wonder if they lost power last night, there was a big fire really close to their building yesterday afternoon/evening.
its also going to he a hell of a hot summer up here in Central Washington, should be a good test for their chimney design approach I hope that AC does its job. we have already had 70+ degree days up here this year.
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Can anyone explain how this could be profitable to them?
they are located in central Washington where they pay 0.23 cents per KWH, they can run a lot of inefficient miners and still profit due to cheaper power then the rest of yall got. pretty simple. |
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Renting out rack space guarantees revenue, while mining put yourself at risk. Then again, no one is going to entrust their miners in your possession. Find a partner and co-mine is possibly most practical.
not sure why you think no one would trust someone else with their miners... there are a number of hosted mining companies around this town that seem to be doing well. just because you are paranoid and do not trust people, does not mean you speak for the whole. |
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There are so many used miners on sale right now being dumped by people, who tried mining 6 months ago, you can get some cheap stuff and mine the crap out of it.
If you don't have enough cash you could sell the space for hosting, or start a legit cloud mining company.
legit cloud mining might be hard to sell, considering how jaded most people are about the concept due to the scammers in that space... but it certainly is a good idea. |
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So I found out a friend of mine owns a building that has 800 Amps of 110/208 power to it. Its a warehouse that is currently empty and has security fencing around its perimeter.
The building is located in central Washington near ASICSPACE, Toom.im and the other large mines, so it would only cost $0.023 per KWh to run miners there (plus rent, ISP, etc.). This building has industrial air movement equipment in place and is upgradeable to 3400 Amps if needed.
Any ideas on how to make the best use of this space? Would renting out space at something like $75/KWh make sense to anyone? Or co-mine with someone that already has a decent amount of hardware?
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It's the investment cost of the miners measured in Bitcoin which is the problem. There is just nothing left to cover the risks you are taking, even it looks like you could mine back the Bitcoin invested in an acceptable time frame. It looks completely different if you already have the hardware.
Regarding subsidies for hydro power it depends if you get any - there is only some money if you newly renovate your power plant and can prove that it will increase the yield by at least 20%.
If that's the case you can choose between getting some money for each kWh for the next 13 years or a fraction of the investment.
It's a pretty sad story - many power plants in Austria stand still because the ROI times for investing are >50 years. Also there are many ecological rules and other regulations, until ~2024 all power plant owners will be forced to install a fish ladder which often consumes the profits of ten or more years.
Here in washington state, where we have 2 cent per kilowatt hour hydro power, and more bitcoin mines then we know what to do with... and all of our dams have fish ladders. it can be done, and done profitably. also doesnt vienna have a nuclear power plant that has never been turned on? |
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While that may be one of the best videos yet about bitcoin mining, I'd have appreciated a NSFW tag/warning. I've edited your subject accordingly.
i dont see what about it is NSFW? if its on youtube it can be played in a work place. |
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All very impressive but is this still viable with the current price? I would have though investors will be very nervous right now.
12-month pre-payment plan ($80/kwh), 2 TH/s: If you have the most efficient miners at .5 J/GH, income is $137/mo, hosting is $80, you are sitting at net $57/mo. If you have the average miners at .7 J/GH, income is $137/mo, hosting is $112, you are sitting at net $25/mo. If you have old miners at 1.0 J/GH, income is $137/mo, hosting is $160, you are sitting at negative $23/mo. and that doesnt include hardware either. seeing as most miners are at least $500 + shipping. that leaves you with negative numbers, even at $80 a month. your reply doesnt exactly make since because thats how an investment works. If you have a 1,000 investment plan that can garuntee you ROI in the first month its a ponzi or similar scam. If nothing changes all year (price or difficulty ) youll make 200$ easy with an s5 and a 1 year contract at asicspace. i think you proved my point with your last sentence... IF nothing changes you'll make $200, thats a big IF. I'm not saying you will/should ROI in a month, as you seem to presume. im doubting you will ROI at all in some cases, regardless of whose service you use. I understand perfectly the point in using a hosted service for those that are not located where power is cheap, in fact i would question the logic of anyone NOT using a service that can save them both time and money at the same time. |
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All very impressive but is this still viable with the current price? I would have though investors will be very nervous right now.
12-month pre-payment plan ($80/kwh), 2 TH/s: If you have the most efficient miners at .5 J/GH, income is $137/mo, hosting is $80, you are sitting at net $57/mo. If you have the average miners at .7 J/GH, income is $137/mo, hosting is $112, you are sitting at net $25/mo. If you have old miners at 1.0 J/GH, income is $137/mo, hosting is $160, you are sitting at negative $23/mo. and that doesnt include hardware either. seeing as most miners are at least $500 + shipping. that leaves you with negative numbers, even at $80 a month. |
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Guyzz if I want to make a new dice or a casino site for any crypto currency then what thing are necessary like programming is main and other?
How to get start with it ?
If u knew it, u would not have been asking. Better dont try those at first. Gambling sites and exchanges require high level programming and in depth understanding of bitcoin. Start with easier projects like faucet creation etc. i dont see why an understanding of bitcoin is necessary at all, a gambling site is the same regardless of whats being gambled. Dollars, rubles, btc, etc., are all just floating point values to the interpreter. |
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glad to see that old building put to some kind of use, losing that plant was a big hit to the area. my friends dad worked there for years as a forklift operator.
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yes I read all of that, that's why I was posting the direct question to them on that. Its something that we learned very early on doing this in a containment situation, power efficiency is best spent getting larger air handlers to move the air, as opposed to letting the individual units run the 120mm / 90mm fans to circulate air. Plus if they do, the event I described above occurs, you end up with a massive blow-back that causes your units to cook.
In a non containment scenario, the airflow is just too difficult to direct most of the time and you end up having a lot of hot spots, even with moving the physical equipment around. I've been doing some consulting and looking at private firms designs and ways to improve them, that's why its really interested in everyone else design.
Not saying the design is flawed, more of saying that Bitcoin heat generation is very different than standard IT equipment to look at.
I expect Cointerra learned this in spades when they were using the C7 Data Center folks to host their equipment. It appears that classical Data Center management and infrastructure are not optimal for a Bitcoin mining operation. Way overkill in many ways, including costs. that is why tier1 and sub tier1 facilities are the way to go for miner hosting. aside from both needing internet access and both being computers, bitcoin hosting is nothing like normal IT hosting. |
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but what purpose would it serve? its not like we could band together and get cheaper power or hardware, or drive the price of BTC up by going on strike... the concept seems pointless to me. can you elaborate?
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strangely enough, the pot growers, coupled with the bitcoin miners all trying to move into the area are the reason we have the power upgrade moratorium.
it *sounds* like they had a lot of looky-lews that were requesting power studies for buildings with insufficient power to them. after finding out the cost to get a MW of 480 is six figures and change, most of them backed out... thus the power company is tired of wasting its time doing power studies for people that have no realistic idea of how much the price tag was going to be. i know one pot grower that is looking for 144,000 watts of 120v. thats 1200 amps for lighting alone... he is gonna need another 4-800 for ACs, water pumps, etc.
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good luck, main cost will be in wiring / cooling infrastructure.
I'm guessing you're around Morman Lake in middle Washington for the .03c per kw price point.
One thing to consider is can you add additional service to your address (additional power) - call the power company and check time, and pricing (easy way to take a 5k square foot warehouse) and make it handle 1mw+ of power
Second, consider your wet bulb, Washington state (west of cascades) is high, out east, relative humidity is low. You can get away with evaporate cooling easy enough and cheaply.
Third, if mining goes south, whats another high yield / power hungry industry in your state (Washington) that is now legal? With all the circuits, power and the cooling, consider splitting the investment between bitcoin mining and a growing operation. This might possibly be the best way to guarantee the FBI would kick down your door, but hey, you would be doing everything legally!
Good thoughts on this one.... except there is currently a moratorium on upgrades in excess of 1MW here, so upgrades aren't as easy as one might think. Even if you can get them approved, upgrades still cost tens of thousands of dollars, unless you happen to have a big building right next to an existing power sub-station. That's not to say there aren't locations that already have over a MW. For instance, the ASICSPACE facility up in Cashmere, they lucked out as TreeTop already had that much draw to the location from decades ago. Morman Lake is in Arizona, wrong state. Growing pot, if mining were to go south is not exactly easy, the application process is closed, so you would have to buy an existing license, which are going for $40-350k depending on how much growing square footage was requested on the original application and your building would need to meet a list of about 20 state requirements. |
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I think Jamphone is probably referring to Cooling. Nobody really talked about cooling much, but this warehouse is in an environment high north in latitude, so it's winters most of the time with a modest summer. Also, these aren't high-end servers/computers, but bitcoin miners. I think they can operate in less-than-typical "data-center" friendly environments. This isn't Texas or California, even though some have been able to host there as well. Some have suggested that I may be able to do away with HVAC completely, or at a very bare minimum as long as I set up the racks properly and have smart ventilation. Are they bsing me? I don't think so, but maybe.
Having lived in Wenatchee most of my life(where this building in question is located), i can tell you that it gets hotter here in the summer then it does in LA. despite being fairly far north, we are a high desert region and frequently spend weeks in the summer with daily highs of 100+. There is no way you would be able to operate 24/7 from mid/late may to about October without some kind of cooling. I would even question the viability of running at night, as our nightly lows can stay 70+ for weeks as well. |
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