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Author Topic: China is going to produce container-sized 1 PETAHASH/S BTC mining machine.  (Read 2959 times)
notlist3d
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September 25, 2015, 08:15:07 PM
 #21

There isn't much point of this, it has to be smaller miners inside otherwise you lose all forms of modularity. Any downtime costs you $100 an hour rather than just a module going offline etc, and then the purchase price is inflated because its a container ($2-3k) and inbuilt infrastructure.

When the alternative is 10 SP50s or 200S5s, I can't see anyone buying a container.

I can't remember the name but there was a company that sold containers like this just without miners.  They took containers and put electrical and cooling.

They thought they would have customers but seems that company died.  Have not seem anything from them.   I have a feeling you are right and this container project just like other one will not take off.

My company didn't die -> https://bitcointalk.org/index.php?topic=948523.msg11143766#msg11143766

Another design, from Canada: http://www.cryptokube.com/

I appolgize I could not remember the name and it had been so long since post in that thread could not find it.    Assumed it had died.

Are you actually selling theses in a decent quantity?
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Polivka GmbH
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September 25, 2015, 09:26:08 PM
 #22

There isn't much point of this, it has to be smaller miners inside otherwise you lose all forms of modularity. Any downtime costs you $100 an hour rather than just a module going offline etc, and then the purchase price is inflated because its a container ($2-3k) and inbuilt infrastructure.

When the alternative is 10 SP50s or 200S5s, I can't see anyone buying a container.

I can't remember the name but there was a company that sold containers like this just without miners.  They took containers and put electrical and cooling.

They thought they would have customers but seems that company died.  Have not seem anything from them.   I have a feeling you are right and this container project just like other one will not take off.

My company didn't die -> https://bitcointalk.org/index.php?topic=948523.msg11143766#msg11143766

Another design, from Canada: http://www.cryptokube.com/

I appolgize I could not remember the name and it had been so long since post in that thread could not find it.    Assumed it had died.

Are you actually selling theses in a decent quantity?

I wouldn't mind selling some more Wink Actually they are the cheapest way of deploying miners, we can offer some of Europe's cheapest power as well - inquiries welcome!

We stopped accepting customers with only a couple of miners as there is no profit in it for both parties, and therefore the business model doesn't make sense. We are still working on bigger projects and thinking of offering a kind of "sale and lease back" agreement for existing hardware / people with only a miner or two.
charles2k
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September 26, 2015, 09:46:22 AM
 #23

we can offer some of Europe's cheapest power as well - inquiries welcome!

Europe's cheapest power? How much is it?
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September 26, 2015, 09:57:15 AM
 #24

we can offer some of Europe's cheapest power as well - inquiries welcome!

Europe's cheapest power? How much is it?


i pay 0.05 cents at sweden, and there are some cheaper options down to south of stockholm.

i think cheapest is like 0.01 and maybe lower

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September 26, 2015, 11:49:21 AM
 #25

I believe the key to mining is low cost electricity. I am sure there are towns in China with super-low cost electricity bill or it could be powered by waterfalls.

I'm wondering you could buy a couple of these containers and operate it in gobi desert or something powered by solar panels? When night falls, power it with cheap diesel?  Huh

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September 26, 2015, 11:51:01 AM
 #26

There isn't much point of this, it has to be smaller miners inside otherwise you lose all forms of modularity. Any downtime costs you $100 an hour rather than just a module going offline etc, and then the purchase price is inflated because its a container ($2-3k) and inbuilt infrastructure.

When the alternative is 10 SP50s or 200 S5s S7s, I can't see anyone buying a container.

Modular? How about this?  Grin

http://privateislandsblog.com/wp-content/uploads/2012/02/shipping-containers_0.jpg

It looks like how you would stack your S5s, but on a massive scale.

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October 07, 2015, 01:34:49 PM
 #27

Pre-order ~half year..
I have seen such pre-orders from KNC and Cointerra, but I have not seen miners

To my mind it's scam
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October 07, 2015, 03:30:21 PM
 #28

Pre-order ~half year..
I have seen such pre-orders from KNC and Cointerra, but I have not seen miners

To my mind it's scam

There has not been a company to be able to to mass production of these. (If you look at thread one company currently already sells containers that can hold gear, but it's not cheap so not a huge seller I'm guessing).

What I don't like is:

Expected to cost 2.8 million RMB or US $438,905 each. If you were to partner with BitBank to procure this beast, you and Bitbank pay  1 million RMB or US$156,629 each. The poster says Guaranteed ROI before 1 Oct 2016, followed by 45% profit.

In bitcoin you really cannot guarantee ROI.  It is a high risk investment there is no way to say you will hit 45 percent always.  I just don't see being able to hold that deal up if difficulty jumps or something else.
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October 07, 2015, 05:10:17 PM
 #29

15 cent a G for a 50% ownership interest for a complete unit is a pretty good price,

and the math for that is really the same as 30 cents a gh for 100%

and I can buy an s-7 for  1585 shipped to my home    which is 33 cents a gh.

so you are correct in that is is not insanely priced.

but it is not a bargain.

23 or 24 cents would be better.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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