Some background: I am an owner of a currently under-development megawatt mining farm in China. I intend to make the facility available for hosting and to serve a global user base. Now the farm is near-ready, and naturally, I need to decide on the prices quickly. A common dilemma that is perhaps faced by many in similar situation: Too high, you won't get customers, at least, happy ones; too low, you may have to cut corners thus hard to make your business sustainable.
In total, I invested about USD 20,000 for the infrastructure (
http://imgur.com/a/zQAY2 ) and will pay RMB0.26 per kWh for electricity - I know that this is not the lowest in industry and are not smug about it. In terms of hosting price, I am thinking RMB0.30 per kWh (or 4.4 USD cents).
To ensure security, I will hire a security guard (RMB 3000 per month ). I also have a local partner who will take care of the technical issues.
After some market research, I think that 4.4 USD cents per kWh is likely to be very competitive for now - this site (
https://bitmainwarranty.com/ ) for example is one of the services I compared mine with.
My question is intended to be directed to people who are already using this kind of services:
Do you think 4.4 USD cents per kWh is a good price? - There may never been good enough price and I'm aware of that even with this price, you won't be able to ROI within a year assuming coin price will stay more or less the same and difficulty level will grow a moderate 3% per adjustment.
If you are using any services, I would like to know what is the price that you are paying. And what are some other considerations that went into your final decision.
Thanks.
