aliitp (OP)
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Activity: 91
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August 06, 2018, 07:11:39 PM |
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I had big trouble finding the right section to post this, i just hope i got it right this time !... I am really interested in building a mining farm, but my problem is here in the UAE power cost for Expats is 0.082$/kWh while for Non expats (Locals) about 0.02$/kWh, my problem is its too damn difficult to make a profit with that power cost especially that nowadays BTC price dropped significantly and difficulty increased ! Even on a nS9 antminer !!... I was wondering if there are any Trusted datacenters in a given country with low power cost that host your miner and keeps it running  Any solution or maybe more efficient miners than the S9 since free electricity is something out of hand   |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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CircleMining
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August 06, 2018, 07:16:33 PM |
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solution looks pretty simple: buy electricity by a local.
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douglasdgt
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August 06, 2018, 07:21:46 PM |
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solution looks pretty simple: buy electricity by a local.
hi, excuse my ignorance, but how would that be? |
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VRobb
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August 06, 2018, 07:24:31 PM |
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Local buyer gets it at $0.02, you buy it from them for a bit more. Think partner...
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I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70
Pushing a whopping 1/5 PH! Oh The SPEED!!!
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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August 07, 2018, 04:30:47 PM |
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You can try to host a mining farn somwhere abroad but the problem are the laws of that another country and will you be able to get the permit to run such business.
So it's not only the cost of electricity that might be your problem.
Maybe if you search for some information about running business, regulation of cryptocurrencies and electricity costs and then to make the decision.
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aliitp (OP)
Jr. Member
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Activity: 91
Merit: 1
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August 07, 2018, 07:42:35 PM |
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You can try to host a mining farn somwhere abroad but the problem are the laws of that another country and will you be able to get the permit to run such business.
So it's not only the cost of electricity that might be your problem.
Maybe if you search for some information about running business, regulation of cryptocurrencies and electricity costs and then to make the decision.
so ur trying to saying its not that simply to host miners in any datacenter abroad as mining is still a fishy business and can cause me trouble ?.. I myself have two server collocated in Europe, i was thinking there could be DCs that could host miners !... |
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osasshem
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August 08, 2018, 07:05:05 PM |
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I had big trouble finding the right section to post this, i just hope i got it right this time !... I am really interested in building a mining farm, but my problem is here in the UAE power cost for Expats is 0.082$/kWh while for Non expats (Locals) about 0.02$/kWh, my problem is its too damn difficult to make a profit with that power cost especially that nowadays BTC price dropped significantly and difficulty increased ! Even on a nS9 antminer !!... I was wondering if there are any Trusted datacenters in a given country with low power cost that host your miner and keeps it running Any solution or maybe more efficient miners than the S9 since free electricity is something out of hand Well, cause of the deep in the price of bitcoin, completing the payment will be leading to a loss. To avoid the breaking of other country's rules as concerning hosting of mining, going with the locals can serve..... |
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TeslaWatt.com
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Activity: 405
Merit: 10
www.teslawatt.com
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August 08, 2018, 09:11:12 PM |
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No one is paying 0.02$ kwh. Its much more than that. You can host with us. www.teslawatt.com |
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Mister1k
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August 09, 2018, 01:13:29 PM |
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If you enough place with out power problem you can host it your room or any place which you own. For mining hosting there are several projects which is doing that kind of service. I see IceRock mining is the platform where you can host the ASIC and cards in the coolest place under the mountain rock cave.
Next to that check about Suncontract project which is run the miner rigs with the solar power and hosting service. Any of these project may be helpful for you.
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exoblock
Newbie
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Activity: 9
Merit: 0
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August 12, 2018, 11:23:50 PM |
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I had big trouble finding the right section to post this, i just hope i got it right this time !... I am really interested in building a mining farm, but my problem is here in the UAE power cost for Expats is 0.082$/kWh while for Non expats (Locals) about 0.02$/kWh, my problem is its too damn difficult to make a profit with that power cost especially that nowadays BTC price dropped significantly and difficulty increased ! Even on a nS9 antminer !!... I was wondering if there are any Trusted datacenters in a given country with low power cost that host your miner and keeps it running Any solution or maybe more efficient miners than the S9 since free electricity is something out of hand Hey .. we offer miner hosting/colocation services in Canada. Please see our Instagram for pictures of the facility: www.instagram.com/exoblock.inc .. if you are interested in a quote, you can shoot us an email on sales@exoblock.net or fill out our online form on www.exoblock.net (Btw, our CEO lived in Dubai for 15 years and moved to Canada to start his blockchain mining business). ExoBlock Inc. owns and operates a 2mW Data Center in Montreal, QC. Hope to hear from you soon. |
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shield132
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August 12, 2018, 11:42:47 PM |
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If you host miners near electricity supply, won't they give you it in less expensive price?
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aliitp (OP)
Jr. Member
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Activity: 91
Merit: 1
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August 13, 2018, 08:05:32 AM |
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No one is paying 0.02$ kwh. Its much more than that. You can host with us. www.teslawatt.comYes, i dont have time to explain it for you though  Some people pay 0.082 kWh (converted to USD) and Local people pay only 0.02$ kWh which is dirt cheap, if you dont believe come to the UAE or ask someone who lives here... |
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