Wanted to let the community know that there is available capacity out there ready to go, cheap (by data center standards), and finished space (you can move in this weekend. It's ex data center guys who know where good inexpensive facilities are that can be leased cheap.
The Coin Foundry has 3.6MW of available capacity right now in Texas at 5 cents
The Coin Foundry has 8MW in Washington at 5 cents
The Coin Foundry has 2 MW in Virginia at 7 cents.
The facilities are prepped and you can move into the Texas and Virginia ones this weekend.
The Coin Foundry has 6 other buildings at 20+ MW each around the US at 5-7 cents power they are performing due diligence on.
What kills me is the hair splitting over 1-2 cents for the guys at megawatt scale.
You know what kills profitability fastest?
NOT STARTING TO MINE TODAY.
http://www.thecoinfoundry.com - only Dallas is up on the site, they just got control of Virginia and Washington Friday. Dallas may be gone by next week with a miner shipping 100 rigs this month and 300 next month, just FYI.
I am a data center guy, and I will tell everyone that there is limited product available that is cost effective for miners. It's not the power but the cooling overhead that adds $$$ to the equation. The big data center players all overbuilt for mining operations (redundant electrical & mechanical systems that aren't needed for mining (no one dies if a facility loses power for a few hours). So they lose money to attract the miners and can't sustain keeping the miners as customers because you can lose money at scale too.
happy to answer questions - mark at blunthammer.com
