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Author Topic: Place for your mining rigs  (Read 3010 times)
mettalmag (OP)
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December 27, 2016, 12:06:03 PM
 #21

well a rig don't occupy that much of a space, especially if you stack them up

isn't better for you to charge a % on the hosting instead? like 5-10% on the total revenue of the hosted rigs?

what about trust? how can we trust you?

The percentage might be better for me. I'd be willing to give him let's say 10-20% of what the rig produces and up to 33% if he can pay for the shipping. Ii would cost something like 77$ to ship 12kg, so might be worth for him or not. There's something to do here I believe.

why shipping? i come up with a better alternative, you just give him the money and he build and host your rig there, you then pay for the electricity cost and give him an additional 10% of your earning for the hosting

I already have rigs that I can't run here because of the high price of electricity. I've already spent too much money on those rigs that have been turned off for now. I don't want to invest a penny further into something that will break even in so much time.

currently even with 40-50 cent electricity you cna make profit, you have really an electricity higher than 40-50 cent per kwh? this is crazy

My rigs are profitable, but not enough for me. They'll bring me something like 60-80$ a month for 7 cards, that's definitely not worth it, considering the time it does require me to check it like 20 times a day !

why so often?

Because I'm kind obssessed with them Cheesy ! I can't stand more than hour to check if there isn't a crypto-currency more profitable to mine (useless I know but that's some sort of natural behaviour) and if they mine correctly !
I think it was some technical issue, what you are doing it is normal believe me  Grin
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December 27, 2016, 02:04:32 PM
 #22

well a rig don't occupy that much of a space, especially if you stack them up

isn't better for you to charge a % on the hosting instead? like 5-10% on the total revenue of the hosted rigs?

what about trust? how can we trust you?

The percentage might be better for me. I'd be willing to give him let's say 10-20% of what the rig produces and up to 33% if he can pay for the shipping. Ii would cost something like 77$ to ship 12kg, so might be worth for him or not. There's something to do here I believe.

why shipping? i come up with a better alternative, you just give him the money and he build and host your rig there, you then pay for the electricity cost and give him an additional 10% of your earning for the hosting

I already have rigs that I can't run here because of the high price of electricity. I've already spent too much money on those rigs that have been turned off for now. I don't want to invest a penny further into something that will break even in so much time.

currently even with 40-50 cent electricity you cna make profit, you have really an electricity higher than 40-50 cent per kwh? this is crazy

My rigs are profitable, but not enough for me. They'll bring me something like 60-80$ a month for 7 cards, that's definitely not worth it, considering the time it does require me to check it like 20 times a day !

why so often?

Because I'm kind obssessed with them Cheesy ! I can't stand more than hour to check if there isn't a crypto-currency more profitable to mine (useless I know but that's some sort of natural behaviour) and if they mine correctly !
That's  obsession  Grin ( no offense) In my case I'm checking only 2 times / day (when I'm home )

And yeahh ..40-50 cent/KWh it's a sin ! I'm paying no more than 14 cent/KWh
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December 28, 2016, 08:56:43 AM
 #23

well a rig don't occupy that much of a space, especially if you stack them up

isn't better for you to charge a % on the hosting instead? like 5-10% on the total revenue of the hosted rigs?

what about trust? how can we trust you?

The percentage might be better for me. I'd be willing to give him let's say 10-20% of what the rig produces and up to 33% if he can pay for the shipping. Ii would cost something like 77$ to ship 12kg, so might be worth for him or not. There's something to do here I believe.

why shipping? i come up with a better alternative, you just give him the money and he build and host your rig there, you then pay for the electricity cost and give him an additional 10% of your earning for the hosting

I already have rigs that I can't run here because of the high price of electricity. I've already spent too much money on those rigs that have been turned off for now. I don't want to invest a penny further into something that will break even in so much time.

currently even with 40-50 cent electricity you cna make profit, you have really an electricity higher than 40-50 cent per kwh? this is crazy

My rigs are profitable, but not enough for me. They'll bring me something like 60-80$ a month for 7 cards, that's definitely not worth it, considering the time it does require me to check it like 20 times a day !

why so often?

Because I'm kind obssessed with them Cheesy ! I can't stand more than hour to check if there isn't a crypto-currency more profitable to mine (useless I know but that's some sort of natural behaviour) and if they mine correctly !
That's  obsession  Grin ( no offense) In my case I'm checking only 2 times / day (when I'm home )

And yeahh ..40-50 cent/KWh it's a sin ! I'm paying no more than 14 cent/KWh

You know, I don't have electricity at 0,4-0,5$/KWh, not living in American Samoa Cheesy ! My electricity price is something like 0,19$/KWh so of course I'm still profitable, but just 60-80$ a month, I don't think estimate it to be worth doing it.
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December 28, 2016, 09:14:54 AM
 #24

what if someone want to buy one of your rig? how much would you sell it?

assuming your rig are 6 x 470 and mining zcash they are doing , $170 a month net profit right?

so around 10 months roi

right now paying to you more than 10% plus the electricity cost would kill the point of hosting

because at every 10% added it's like paying 3-4 cent more for electricity
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December 28, 2016, 09:19:24 AM
 #25

what if someone want to buy one of your rig? how much would you sell it?

assuming your rig are 6 x 470 and mining zcash they are doing , $170 a month net profit right?

so around 10 months roi

right now paying to you more than 10% plus the electricity cost would kill the point of hosting

because at every 10% added it's like paying 3-4 cent more for electricity

That might be interesting in the case of someone like me, that already has the rigs and that do not want and in some way cannot run it where they live. Even at 0,1$/KWh, I'll take it, since that will be close to half the price I'm paying Roll Eyes...
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December 28, 2016, 09:33:33 AM
 #26

what if someone want to buy one of your rig? how much would you sell it?

assuming your rig are 6 x 470 and mining zcash they are doing , $170 a month net profit right?

so around 10 months roi

right now paying to you more than 10% plus the electricity cost would kill the point of hosting

because at every 10% added it's like paying 3-4 cent more for electricity

I do not think the net profit is $170 for the rig.
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December 28, 2016, 09:43:50 AM
 #27

what if someone want to buy one of your rig? how much would you sell it?

assuming your rig are 6 x 470 and mining zcash they are doing , $170 a month net profit right?

so around 10 months roi

right now paying to you more than 10% plus the electricity cost would kill the point of hosting

because at every 10% added it's like paying 3-4 cent more for electricity

I do not think the net profit is $170 for the rig.

Not exactly but close to that figure. The net profit per month with an electricty rate of 0,05$/KWh is something around 150$ with the current mining difficulties and prices of the altcoins.
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December 28, 2016, 09:58:03 AM
 #28

what if someone want to buy one of your rig? how much would you sell it?

assuming your rig are 6 x 470 and mining zcash they are doing , $170 a month net profit right?

so around 10 months roi

right now paying to you more than 10% plus the electricity cost would kill the point of hosting

because at every 10% added it's like paying 3-4 cent more for electricity

I do not think the net profit is $170 for the rig.

1400 sol give you roughlty 0.21 btc months, minus electricity is around $170

btc price is very high now almost 1k
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December 28, 2016, 10:40:36 AM
Last edit: December 28, 2016, 11:08:45 AM by PanneKopp
 #29

Hi @mettalmag ,

Will you be interested in place where:
Electricity price will be 5 Cents per Kwh,
Air flow and conditioning,
Security and alarm systems.
Place may be divided into personal and shared rooms, total avg. ~350sqm.
What will be affordable price for you per sqm?
Any thoughts and suggestions would be great

I would really be interessted, in getting 1 m² "cooled place"
2 set one 1 42HE Rack.

A bunch of IPs and 2 (redundant) Providerlines (e.EG. VDSL + Fiber)
are of course essential.

... think about, what we could do on 350 m² - can you carry the heat of 7200 KW/h away ?

Let me think - we got huge knowledge in climate control.

About which continent we are talking ?

Might be a JointVenture.


 Wink PanneKopp

... please make an educated guess !
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December 28, 2016, 01:58:20 PM
 #30

Hi @mettalmag ,

Will you be interested in place where:
Electricity price will be 5 Cents per Kwh,
Air flow and conditioning,
Security and alarm systems.
Place may be divided into personal and shared rooms, total avg. ~350sqm.
What will be affordable price for you per sqm?
Any thoughts and suggestions would be great

I would really be interessted, in getting 1 m² "cooled place"
2 set one 1 42HE Rack.

A bunch of IPs and 2 (redundant) Providerlines (e.EG. VDSL + Fiber)
are of course essential.

... think about, what we could do on 350 m² - can you carry the heat of 7200 KW/h away ?

Let me think - we got huge knowledge in climate control.

About which continent we are talking ?

Might be a JointVenture.


 Wink PanneKopp

He's talking about Europe (I guess that's where Georgia is located) or maybe Asia, I don't know, since it's pretty much at the border between both. He's in the Caucasus, in Tbilisi, the capital of Georgia (the country, not the American southern state).
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December 29, 2016, 02:07:02 AM
 #31

well a rig don't occupy that much of a space, especially if you stack them up

isn't better for you to charge a % on the hosting instead? like 5-10% on the total revenue of the hosted rigs?

what about trust? how can we trust you?

The percentage might be better for me. I'd be willing to give him let's say 10-20% of what the rig produces and up to 33% if he can pay for the shipping. Ii would cost something like 77$ to ship 12kg, so might be worth for him or not. There's something to do here I believe.

why shipping? i come up with a better alternative, you just give him the money and he build and host your rig there, you then pay for the electricity cost and give him an additional 10% of your earning for the hosting

I already have rigs that I can't run here because of the high price of electricity. I've already spent too much money on those rigs that have been turned off for now. I don't want to invest a penny further into something that will break even in so much time.

currently even with 40-50 cent electricity you cna make profit, you have really an electricity higher than 40-50 cent per kwh? this is crazy

My rigs are profitable, but not enough for me. They'll bring me something like 60-80$ a month for 7 cards, that's definitely not worth it, considering the time it does require me to check it like 20 times a day !

why so often?

Because I'm kind obssessed with them Cheesy ! I can't stand more than hour to check if there isn't a crypto-currency more profitable to mine (useless I know but that's some sort of natural behaviour) and if they mine correctly !
That's  obsession  Grin ( no offense) In my case I'm checking only 2 times / day (when I'm home )

And yeahh ..40-50 cent/KWh it's a sin ! I'm paying no more than 14 cent/KWh

You know, I don't have electricity at 0,4-0,5$/KWh, not living in American Samoa Cheesy ! My electricity price is something like 0,19$/KWh so of course I'm still profitable, but just 60-80$ a month, I don't think estimate it to be worth doing it.
You don't need to live in "American Samoa"  Grin You need to live in a country with resources ( e.g water, wind)
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January 21, 2017, 02:48:28 PM
 #32

Evening my dear friends!
I managed to meet some investors in Europe, Estonia at the moment, also during this trip my team in Tbilisi managed to achieve lowest possible price of electricity per kw/h which is 0.1 Lari roughly 4 Cents per kw/h.
Our team is already looking for place in Tbilisi to start building the environment (separate rooms, air flow and conditioning, optics and etc.).
We choose Tbilisi because it's my hometown and it will be very easy for me to do everyday management if needed, so if there will be a need of physical interference the response time will be within minutes, not even hours.
Also important thing was trust issues. We can overcome them in any way you want.
Your responses will have great impact on our future plans, so feel free to do so Smiley
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January 21, 2017, 04:20:22 PM
 #33

very nice idea
can do it here in egypt to the 1kwh costs 5 cents

i have a floor of about 80 m2 divided to 5 rooms

if any one is interested i would do it

the parts shipping company charges about 20% of the total price

and i am willing to do this service as cheap as possible cuz the egp is about 5 cents too so if this project gives me 25$ a month for 1m2 i would be glad
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January 21, 2017, 04:25:34 PM
 #34

very nice idea
can do it here in egypt to the 1kwh costs 5 cents

i have a floor of about 80 m2 divided to 5 rooms

if any one is interested i would do it

the parts shipping company charges about 20% of the total price

and i am willing to do this service as cheap as possible cuz the egp is about 5 cents too so if this project gives me 25$ a month for 1m2 i would be glad
You can do it with proper airflow and conditioning. What about the custom taxes? How much one should pay for importing goods in Egypt?
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January 23, 2017, 04:47:07 PM
 #35

very nice idea
can do it here in egypt to the 1kwh costs 5 cents

i have a floor of about 80 m2 divided to 5 rooms

if any one is interested i would do it

the parts shipping company charges about 20% of the total price

and i am willing to do this service as cheap as possible cuz the egp is about 5 cents too so if this project gives me 25$ a month for 1m2 i would be glad

Please provide more info i might be interested if electricity and total hosting is very cheap, also how much your hardware cost there? because i like the propose to buy the stuff directly there instead of shipping, i see that georgia is also top 2 country for mining in bitcoin, no wonder this guy under you is from there

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mettalmag (OP)
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January 23, 2017, 04:49:31 PM
 #36

very nice idea
can do it here in egypt to the 1kwh costs 5 cents

i have a floor of about 80 m2 divided to 5 rooms

if any one is interested i would do it

the parts shipping company charges about 20% of the total price

and i am willing to do this service as cheap as possible cuz the egp is about 5 cents too so if this project gives me 25$ a month for 1m2 i would be glad

Please provide more info i might be interested if electricity and total hosting is very cheap, also how much your hardware cost there? because i like the propose to buy the stuff directly there instead of shipping, i see that georgia is also top 2 country for mining in bitcoin, no wonder this guy under you is from there
Egypt ?
Georgia ?
Can you be more specific ?
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January 23, 2017, 05:15:51 PM
 #37

I remember there was such concern, which offered premise for accommodation farm and other equipment for mining (mine Toomim bross).
Their price was 3 cents per kilowatt and even mine some of the accommodation fee. The reason for such a small price is hydroelectric.

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January 23, 2017, 05:55:01 PM
 #38

I remember there was such concern, which offered premise for accommodation farm and other equipment for mining (mine Toomim bross).
Their price was 3 cents per kilowatt and even mine some of the accommodation fee. The reason for such a small price is hydroelectric.
In Georgia the price of electricity is achievable in my case and I'm trying to make it as low as possible. I have two farms which I want to move together first one is BTC farm and atm there are 13 S9s and second one is crypto farm with 300+ VGAs (RX480 8G). In both places I have different prices per kwh and they are higher, my goal is to as I mentioned move them together with lower el. cost and better infrastructure (air flow and conditioning). And the idea is that I can make also a hosting service if anyone would be interested, I have some local miners also who are waiting for this kind of opportunity so why not should I make it global? Benefits are the cost of electricity, low shipping cost of hardware, avoiding customs 18% tax legally, and no any other taxes. I think the offer should be attractive to farms with high cost of electricity and also ones who has no place for farms.
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January 23, 2017, 06:51:10 PM
 #39

I remember there was such concern, which offered premise for accommodation farm and other equipment for mining (mine Toomim bross).
Their price was 3 cents per kilowatt and even mine some of the accommodation fee. The reason for such a small price is hydroelectric.
In Georgia the price of electricity is achievable in my case and I'm trying to make it as low as possible. I have two farms which I want to move together first one is BTC farm and atm there are 13 S9s and second one is crypto farm with 300+ VGAs (RX480 8G). In both places I have different prices per kwh and they are higher, my goal is to as I mentioned move them together with lower el. cost and better infrastructure (air flow and conditioning). And the idea is that I can make also a hosting service if anyone would be interested, I have some local miners also who are waiting for this kind of opportunity so why not should I make it global? Benefits are the cost of electricity, low shipping cost of hardware, avoiding customs 18% tax legally, and no any other taxes. I think the offer should be attractive to farms with high cost of electricity and also ones who has no place for farms.

yeah i was interested at first but the high price to buy stuff directly there to avoid shipping and maybe damaging some components killed it for me

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January 23, 2017, 06:55:41 PM
 #40

I remember there was such concern, which offered premise for accommodation farm and other equipment for mining (mine Toomim bross).
Their price was 3 cents per kilowatt and even mine some of the accommodation fee. The reason for such a small price is hydroelectric.
In Georgia the price of electricity is achievable in my case and I'm trying to make it as low as possible. I have two farms which I want to move together first one is BTC farm and atm there are 13 S9s and second one is crypto farm with 300+ VGAs (RX480 8G). In both places I have different prices per kwh and they are higher, my goal is to as I mentioned move them together with lower el. cost and better infrastructure (air flow and conditioning). And the idea is that I can make also a hosting service if anyone would be interested, I have some local miners also who are waiting for this kind of opportunity so why not should I make it global? Benefits are the cost of electricity, low shipping cost of hardware, avoiding customs 18% tax legally, and no any other taxes. I think the offer should be attractive to farms with high cost of electricity and also ones who has no place for farms.

yeah i was interested at first but the high price to buy stuff directly there to avoid shipping and maybe damaging some components killed it for me


There are some ways to overcome these issues like dealing with the dealer directly if quantities will meet their minimum
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