Bitfury Containerized Plug and Play Datacenter

[SIRacer09]

Intereted to see how much THESE cost!   

http://bitfury.com/products#container-datacenter

Just hoping this isn't what they meant when they said "Selling to the public". I don't think my neighbors would like this in front of my house with a big power cable running to it.... 

[abokhalel2]

Wow .. One of these can hit 16PH!! Home miners are doomed.

[virtualdn]

This is purely amazing. It's also a sign that Bitcoin is going to be huge. Just think about how many people invested in this technology...

[brontosaurus]

Just a couple of points:

12PH @ 1.5 MW = 0.125 J/(gh/sec)
16PH @ 2.0MW  = 0.125 J/(gh/sec)

Yes, you get power supply losses, but not 25%. I'm referring to the famous 0.1 J/gh figure.

Bitfury are also vague on the 'plug and play' angle, does this thing take 440 V 3 phase or 11kV? If it's the latter I would be surprised although they mention 'transformers' so maybe it does have about 10 tonnes of power transformer, circuit breakers, pf caps and other bits inside.

Why they are publishing and pushing this stuff is anyones guess, but you can bet your bottom dollar (or bitcoin) that they will only sell this if they can make enough profit on it to offset losses they would make from creating another competitor. Maybe they just want to dominate the market in asics by decentralising through leasing equipment to competitors.

See anything wrong with this picture?

[Amph]

can government start buying those in the future to build his own muga farm and start mining? i can see this if bitcoin get very big

if not government some unknown company that want to jump in the mining scene, it can maybe bring some decentralization

[QuintLeo]

The 0.1j/GH figure was air-cooled with a heatsink (and IIRC was actually closer to 0.11)

 Immersion cooled figure they mentioned would be a little less efficient, the .125 actually sounds about right for a fairly close to max pushed miner setup under immersion cooling.

[carlosmnk]

it could cost 2.200.000$, aprox, but the most amazin thing is that you can "transport" your mine center over world with only a truck... 

[Biodom]

it could cost 2.200.000$, aprox, but the most amazin thing is that you can "transport" your mine center over world with only a truck... 

well, this is borderline price assuming maybe two more months wait.
Why? S7 is $789+shipping=~840 for 4.7Th, but I will go with $789 number because there are discounts for large purchases, which will negate shipping
16000Th (container)/4.7=3404 S7 equivalents
3404X789=$2685957
It would take Bitmain to simply lower S7 price to ~$605 to match the container price per Th (although without counting better efficiency).

Conclusion: Bitfury has to lower the container price to 1-1.2 mil to have a significant competitive advantage and deploy en masse vs Bitmain.

[cryptotore]

it could cost 2.200.000$, aprox, but the most amazin thing is that you can "transport" your mine center over world with only a truck...  

well, this is borderline price assuming maybe two more months wait.
Why? S7 is $789+shipping=~840 for 4.7Th, but I will go with $789 number because there are discounts for large purchases, which will negate shipping
16000Th (container)/4.7=3404 S7 equivalents
3404X789=$2685957
It would take Bitmain to simply lower S7 price to ~$605 to match the container price per Th (although without counting better efficiency).

Conclusion: Bitfury has to lower the container price to 1-1.2 mil to have a significant competitive advantage and deploy en masse vs Bitmain.

I think you need to add cooling costs and the cost of creating a room for hosting many S7's.
I'm pretty sure cooling 16 PH of Bitfury's immersion cooled chips, will require less energy than cooling 16 PH of S7's with air circulation. (Pure speculation on the immersion part, but only realistic way to cool 2MW in a container IMO.)
Property cost/rent should also be in there!

[Biodom]

it could cost 2.200.000$, aprox, but the most amazin thing is that you can "transport" your mine center over world with only a truck...  

well, this is borderline price assuming maybe two more months wait.
Why? S7 is $789+shipping=~840 for 4.7Th, but I will go with $789 number because there are discounts for large purchases, which will negate shipping
16000Th (container)/4.7=3404 S7 equivalents
3404X789=$2685957
It would take Bitmain to simply lower S7 price to ~$605 to match the container price per Th (although without counting better efficiency).

Conclusion: Bitfury has to lower the container price to 1-1.2 mil to have a significant competitive advantage and deploy en masse vs Bitmain.

I think you need to add cooling costs and the cost of creating a room for hosting many S7's.
I'm pretty sure cooling 16 PH of Bitfury's immersion cooled chips, will require less energy than cooling 16 PH of S7's with air circulation. (Pure speculation on the immersion part, but only realistic way to cool 2MW in a container IMO.)
Property cost/rent should also be in there!

one idea would be to shrink that container (maybe 100-200 fold in volume) from 40X100 ft to 8.6X21.5.4 ft or 6.8X17 ft box respectively that could fit in the backyard.
It would do 160Th or 80Th and use 20 or 10kw. Such mini-box would sell well to bitcoin mining prosumers.

[cryptotore]

it could cost 2.200.000$, aprox, but the most amazin thing is that you can "transport" your mine center over world with only a truck...  

well, this is borderline price assuming maybe two more months wait.
Why? S7 is $789+shipping=~840 for 4.7Th, but I will go with $789 number because there are discounts for large purchases, which will negate shipping
16000Th (container)/4.7=3404 S7 equivalents
3404X789=$2685957
It would take Bitmain to simply lower S7 price to ~$605 to match the container price per Th (although without counting better efficiency).

Conclusion: Bitfury has to lower the container price to 1-1.2 mil to have a significant competitive advantage and deploy en masse vs Bitmain.

I think you need to add cooling costs and the cost of creating a room for hosting many S7's.
I'm pretty sure cooling 16 PH of Bitfury's immersion cooled chips, will require less energy than cooling 16 PH of S7's with air circulation. (Pure speculation on the immersion part, but only realistic way to cool 2MW in a container IMO.)
Property cost/rent should also be in there!

one idea would be to shrink that container (maybe 100-200 fold in volume) from 40X100 ft to 8.6X21.5.4 ft or 6.8X17 ft box respectively that could fit in the backyard.
It would do 160Th or 80Th and use 20 or 10kw. Such mini-box would sell well to bitcoin mining prosumers.

I'd buy that in a heart beat actually!

[philipma1957]

it could cost 2.200.000$, aprox, but the most amazin thing is that you can "transport" your mine center over world with only a truck...  

well, this is borderline price assuming maybe two more months wait.
Why? S7 is $789+shipping=~840 for 4.7Th, but I will go with $789 number because there are discounts for large purchases, which will negate shipping
16000Th (container)/4.7=3404 S7 equivalents
3404X789=$2685957
It would take Bitmain to simply lower S7 price to ~$605 to match the container price per Th (although without counting better efficiency).

Conclusion: Bitfury has to lower the container price to 1-1.2 mil to have a significant competitive advantage and deploy en masse vs Bitmain.

this gear is moron on BITFURY'S PART  and only a moron would buy it.

We all saw the video of these chips doing 0.06 watts per gh on a down clock..

so if they build a box at 0.075 watts per gh net  that uses 1000 watts it is a 13.3 ph box

They are complete moron for pushing this idea for now and pushing the light bulb idea  last year

When a 1000 or even an 800 watt box makes perfect sense. You know the one in the middle of the two idea's above.


This container will produce close to 8 million btu's

That is around 80 home furnace's

I estimate that the 16 fans on top of the box need to move around 400,000 CFM

true insanity.

When they can simply make 800 watt boxes = to a pair of s-7's.

[cryptotore]

I believe they are doing it like this: http://www.datatank-mining.com/
http://www.datatank-mining.com/files/DataTank_Mining_Ops_Prospectus.pdf

If this is the case, you definitely wouldn't be a moron for buying it, if you could afford it and the ROI math checks out..

[Biodom]

it could cost 2.200.000$, aprox, but the most amazin thing is that you can "transport" your mine center over world with only a truck...  

well, this is borderline price assuming maybe two more months wait.
Why? S7 is $789+shipping=~840 for 4.7Th, but I will go with $789 number because there are discounts for large purchases, which will negate shipping
16000Th (container)/4.7=3404 S7 equivalents
3404X789=$2685957
It would take Bitmain to simply lower S7 price to ~$605 to match the container price per Th (although without counting better efficiency).

Conclusion: Bitfury has to lower the container price to 1-1.2 mil to have a significant competitive advantage and deploy en masse vs Bitmain.

this gear is moron on BITFURY'S PART  and only a moron would buy it.

We all saw the video of these chips doing 0.06 watts per gh on a down clock..

so if they build a box at 0.075 watts per gh net  that uses 1000 watts it is a 13.3 ph box

They are complete moron for pushing this idea for now and pushing the light bulb idea  last year

When a 1000 or even an 800 watt box makes perfect sense. You know the one in the middle of the two idea's above.


This container will produce close to 8 million btu's

That is around 80 home furnace's

I estimate that the 16 fans on top of the box need to move around 400,000 CFM

true insanity.

When they can simply make 800 watt boxes = to a pair of s-7's.

I assume that this harks back to bitfury CEO past. He is from Latvia/former USSR growing up during 1990 USSR collapse.
Lots of bad people, lots of various scams and swindlers, so people's mistrust, perhaps.
He probably does not want to deal with tens/hundreds of thousands of small miners, hence the "go big" mentality.
Honestly, why not just put up the chip for sale directly on the internet, then institute a volume discount for large customers.
This way, anyone can build a miner and there is no need for some byzantine integrators communication pathway scheme.

[philipma1957]

it could cost 2.200.000$, aprox, but the most amazin thing is that you can "transport" your mine center over world with only a truck...  

well, this is borderline price assuming maybe two more months wait.
Why? S7 is $789+shipping=~840 for 4.7Th, but I will go with $789 number because there are discounts for large purchases, which will negate shipping
16000Th (container)/4.7=3404 S7 equivalents
3404X789=$2685957
It would take Bitmain to simply lower S7 price to ~$605 to match the container price per Th (although without counting better efficiency).

Conclusion: Bitfury has to lower the container price to 1-1.2 mil to have a significant competitive advantage and deploy en masse vs Bitmain.

this gear is moron on BITFURY'S PART  and only a moron would buy it.

We all saw the video of these chips doing 0.06 watts per gh on a down clock..

so if they build a box at 0.075 watts per gh net  that uses 1000 watts it is a 13.3 ph box

They are complete moron for pushing this idea for now and pushing the light bulb idea  last year

When a 1000 or even an 800 watt box makes perfect sense. You know the one in the middle of the two idea's above.


This container will produce close to 8 million btu's

That is around 80 home furnace's

I estimate that the 16 fans on top of the box need to move around 400,000 CFM

true insanity.

When they can simply make 800 watt boxes = to a pair of s-7's.

I assume that this harks back to bitfury CEO past. He is from Latvia/former USSR growing up during 1990 USSR collapse.
Lots of bad people, lots of various scams and swindlers, so people's mistrust, perhaps.
He probably does not want to deal with tens/hundreds of thousands of small miners, hence the "go big" mentality.
Honestly, why not just put up the chip for sale directly on the internet, then institute a volume discount for large customers.
This way, anyone can build a miner and there is no need for some byzantine integrators communication pathway scheme.

Nicely put.  And if a chip can do a low of 0.06 to a high of 0.11

 gearing it in In a container that produces 8,000,000 BTU of heat  and needs 400,000 CFM of fans is just plain stupid.



As for Roi.

All this setup makes a chip that can do 0.06 or 0.07 air cooled do worse then .11 since I have to fire the fans up and pumps to cool.

So I buy the monster and I find it does .14  watts a gh  with cooling costs and works great.

Bitmaintech tosses a ton of money for just the chips at bitfury and builds a .08  watt air cooled s-9  .



So by buying gear that with cooling approaches  .14 watts

I could be hurt if bitmantech puts out a .08 watt miner in small gear.

Right now bitfury needs to design the   container to do under 0.09 watts  not

.14watts with the fans pumps and cooling.

If I could come up with the coin for this I don't want it since it is designed to go high watts per gh on the chip not low watts per gh on the chip.

and bitfury could simply undercut me with a significantly better design for the same chip.  And no one will want the beast. for a second hand miner.

[Dalkore]

I would love to find a client to host one of these units.  This has been in the works for years, good to see it as a reality.  Immersion cooling is a growing technology, and Bitcoin Mining is a near perfect test-case for the viability of the underlying technology.  It is a very efficient package overall and in the times of rising difficulty, efficiency is key. 

-Dalkore

[philipma1957]

I would love to find a client to host one of these units.  This has been in the works for years, good to see it as a reality.  Immersion cooling is a growing technology, and Bitcoin Mining is a near perfect test-case for the viability of the underlying technology.  It is a very efficient package overall and in the times of rising difficulty, efficiency is key. 

-Dalkore

And if it does .11 watts per gh  before cooling it is poorly designed.

the chip has demoed at 0.06 watts a gh 

 So  this does close to 2x what the chip can do on the low end.

I don't see it as a good design unless they don't sell any chips to any one else.

If they sell chips and some one builds a .08  watt   s-9  it will hurt this machine.

Now if they back off on the power or allow this to run at a solid down clock down volt.

Ie if you can run it at .07 or .08 watts a gh as an option  it is  a fine  piece of gear.

[notlist3d]

I would love to find a client to host one of these units.  This has been in the works for years, good to see it as a reality.  Immersion cooling is a growing technology, and Bitcoin Mining is a near perfect test-case for the viability of the underlying technology.  It is a very efficient package overall and in the times of rising difficulty, efficiency is key. 

-Dalkore

And if it does .11 watts per gh  before cooling it is poorly designed.

the chip has demoed at 0.06 watts a gh 

 So  this does close to 2x what the chip can do on the low end.

I don't see it as a good design unless they don't sell any chips to any one else.

If they sell chips and some one builds a .08  watt   s-9  it will hurt this machine.

Now if they back off on the power or allow this to run at a solid down clock down volt.

Ie if you can run it at .07 or .08 watts a gh as an option  it is  a fine  piece of gear.

I think a lot of the potential clients will be less then the .07 even.  I see this most likely going to some of the biggest operations and I would guess around half of that price they pay.

The only thing I wonder is if some of these mega clients really will want the already setup box.  I see a lot of the big players already with investment's in data centers, so likely they will want to put in a spot they already have.   I predict most of clients will just want miners.   But I could be wrong if someone is a new player in the game then they might like this.

[mwizard]

Intereted to see how much THESE cost!  

http://bitfury.com/products#container-datacenter

Just hoping this isn't what they meant when they said "Selling to the public". I don't think my neighbors would like this in front of my house with a big power cable running to it....  

Everything old is new again.

The attached article gives a detailed discussion on Bitcoin mining in a 1.2 Megawatt container data center.  

It also has details of KNC, ASICminer and Megabig power large scale mining.  

The interesting thing is that the article is from 2014 when the total worth of mining was $845 million pa and expected to grow.  Today total mining earnings are about $525 million pa and if Bitcoin stays around $400, possibly just $260 million pa after July.  

Back then mining attracted big money.

http://www.allied-control.com/publications/Analysis_of_Large-Scale_Bitcoin_Mining_Operations.pdf

[mwizard]

The only thing I wonder is if some of these mega clients really will want the already setup box.  I see a lot of the big players already with investment's in data centers, so likely they will want to put in a spot they already have.   I predict most of clients will just want miners.   But I could be wrong if someone is a new player in the game then they might like this.

Agree. I see technicians in large scale mining farms slowly moving along racks replacing 28nm miners with 16nm miners.  The new miners look identical to the old miners and draw the same power.  The only difference is that they have 5 times the hashing rate.

So the network hash rate grows 500% compared to say June 2015 with no extra space or power needed.  It could rise from 400 Petahash to 2,000 Petahash just from upgrading of existing miners.

In practice some new mines will open as miners move to cheaper power areas.  But mammoth new mines over those previously announced are unlikely.