The World's Largest Mining Farms

[antirack]

Thanks for the infos, I 've updated the original post. Still all very early, but we are getting there.

Would be great to have more info on these two and the original AM farms. I am going to send a couple of PMs.

Gigavps
https://bitcointalk.org/index.php?topic=7216.msg5605029#msg5605029

SeekSilence/Shanghai Miner's is building a (1200TH farm)
http://www.youtube.com/watch?v=86hZGZAMUHQ
https://bitcointalk.org/index.php?topic=470386.msg5593444#msg5593444

Where did you see that each AM farm is 500KW?

The HK facility was stated as 500kW several times. Also on the youtube video.
In Friedcat's early updates about the original farm he spoke about 0.5MW approval:
https://bitcointalk.org/index.php?topic=99497.msg1692732#msg1692732

No idea on the satellite clusters though. That's all  old stuff, so to speak.

[antirack]

PETA mine

http://www.peta-mine.co/
Location: Brussels, Belgium

currently at 108TH

(30 Cointerra TerraMiner IV, 70 CoinCraft Desks)

165 CoinCraft Rigs along with 250 TH of custom board forthcoming
each datacentre unit support up to 500TH.

Thanks, good find.

What's that in kW?

30 TerraMiner IV: 60kW
70 Coincraft Desks: kW
165 CoinCraft Rigs: kW
250 TH of custom boards: kW

The power is the only thing that wont change. hashing power will change all the time.
 
Facilities are measured in power, not hashrate.

[qwertyqwerty]

PETA mine

http://www.peta-mine.co/
Location: Brussels, Belgium

currently at 108TH

(30 Cointerra TerraMiner IV, 70 CoinCraft Desks)

165 CoinCraft Rigs along with 250 TH of custom board forthcoming
each datacentre unit support up to 500TH.

Thanks, good find.

What's that in kW?

30 TerraMiner IV: 60kW
70 Coincraft Desks: kW
165 CoinCraft Rigs: kW
250 TH of custom boards: kW

The power is the only thing that wont change. hashing power will change all the time.
 
Facilities are measured in power, not hashrate.

very true. unfortunately peta has not yet provided any information about power capacity
I know they work with solar power. a data-centre in brussels is certainly not the best choice, maybe siberia or kuwait or similar is better choice. The assumption is majority of units will be based on A1 chip and so there you can extrapolate the capacity from 500TH of A1 based on their power efficiency. Coincraft desk is ~400W afaik at 1TH, supposedly rigs come in at 3000W for 2.8TH

[railzand]

https://bitcointalk.org/index.php?topic=318010.msg4412552#msg4412552

on 9th Jan 45% of cex.io total hashrate was there in Ukraine

hoping you all can extrapolate the needed facts

[SebastianJu]

http://www.businessinsider.com/worlds-largest-bitcoin-mining-operation-2014-3
http://www.coindesk.com/inside-north-americas-8m-bitcoin-mining-operation/

Seems to be the 100TH IPO that founded MegaBigPower?

[server]

http://www.businessinsider.com/worlds-largest-bitcoin-mining-operation-2014-3
http://www.coindesk.com/inside-north-americas-8m-bitcoin-mining-operation/

Seems to be the 100TH IPO that founded MegaBigPower?

I believe MegaBigPower pushes 1000TH of which they claim 500TH is used to pay the shareholders at Picostocks 100TH.
(unfortunaly for the shareholders it's month after month "bad luck" so I guess the MegaBigPower-part 500TH got the luck)

Wasn't the MegaBigPower mining operation financed by bASIC customers that got screwed by this "Satoshi superstar" Thomas van Riper ?

That satoshiscumbag owes me over 50 btc. Sorry, I'm still pissed!

[SebastianJu]

http://www.businessinsider.com/worlds-largest-bitcoin-mining-operation-2014-3
http://www.coindesk.com/inside-north-americas-8m-bitcoin-mining-operation/

Seems to be the 100TH IPO that founded MegaBigPower?

I believe MegaBigPower pushes 1000TH of which they claim 500TH is used to pay the shareholders at Picostocks 100TH.
(unfortunaly for the shareholders it's month after month "bad luck" so I guess the MegaBigPower-part 500TH got the luck)

Wasn't the MegaBigPower mining operation financed by bASIC customers that got screwed by this "Satoshi superstar" Thomas van Riper ?

That satoshiscumbag owes me over 50 btc. Sorry, I'm still pissed!

Im not happy with my investment in 100TH too. I hadnt realized that i only fund the business for others. Then they had delays and i got out with a big loss only. I think the only one that earned big is the one that now has an asic and a miner design for free.

[antirack]

Im not happy with my investment in 100TH too. I hadnt realized that i only fund the business for others. Then they had delays and i got out with a big loss only. I think the only one that earned big is the one that now has an asic and a miner design for free.

I've only seen the plan posted by gator-hex above (early 2013).

BioInfoBank 100TH-mine project this might be the same as MegaBigPower. They claim to have power costs of only 0.024 USD per kWh!
https://picostocks.com/businessplan/19.pdf

Is that the investment you are talking about or was there another one for 100TH?

What was the reason for the delay?

I hadnt realized that i only fund the business for others.

Unfortunately that seems to be a recurring theme. Icedrill basically made everyone rich, from data center to Cointerra, but the way I see it the investors will be in for a long wait if anything comes out of it ever. Friend of mine put a lot of coins (that he earned with real work) in them and now he's screwed.

[antirack]

Any more info on the CEX network and Peta Mine?

There must be a few more large clusters out there, if not people can probably stop complaining about the happening of decentralization with the current total network hashrate compared to the few we have above.

[jamesg]

There must be a few more large clusters out there, if not people can probably stop complaining about the happening of decentralization with the current total network hashrate compared to the few we have above.

Might be wise to ask organofcorti do some analysis on pools that report user hashrates to see if consolidation is truly happening.

[Eijecoin]

Im curious to the owners of these insane farms, is it part of a company, privately owned, etc.?

[crazyates]

Wasn't the MegaBigPower mining operation financed by bASIC customers that got screwed by this "Satoshi superstar" Thomas van Riper ?

Yes, Tom (cablepair) was the head of the bASIC failure. IIRC, he was the one that ran off with everyone's BTC. I know Dave (BuzzDave) was associated with Tom, and was an employee at the time, but I don't remember him being malicious or stealing anyone's coins.

That said, Tom is basically a nobody now, and Dave is now managing the largest mining operation in the world. Does seem a little suspicious.

[Syke]

Yes, Tom (cablepair) was the head of the bASIC failure. IIRC, he was the one that ran off with everyone's BTC.

Not really. While Tom was very slow at providing refunds (which scared and pissed off a lot of people), he pretty much refunded everyone.

[Sophokles]

I am a bit puzzled why theres non of the really big farms on Iceland..

Power costs for iceland will be high, as its either geothermal or imported gas.

Hmm... Iceland is known to be cheap when it comes to power..?

I got quoted once for a full 1kw power, cooling and i think it was 4u for 75€ a month - including i think it was 1tb of data traffic..

is that expensive?

Could you remember where you got that offer from ? I think it is quite good.

[server]

Yes, Tom (cablepair) was the head of the bASIC failure. IIRC, he was the one that ran off with everyone's BTC.

Not really. While Tom was very slow at providing refunds (which scared and pissed off a lot of people), he pretty much refunded everyone.

Definitely not true, but too offtopic for this thread.

[sgravina]

When I started out mining I had 0.2 % of the all the hashing.  That was 15 bitcoins a day at the time on a $30,000 investment and 6 kWatts electricity.  I thought I would never make that back.  Now I'm .004 % of the network on an additional $40,000 investment, 3.2 kWatts and I'm making 0.15 bitcoins a day.

If I was to purchase my original portion of the network I would need to buy 74 Antminers S2s for $266,000 and add 74 kWatts of electrical service to my basement, garage and outhouse.  And I would lose money on it.

Times change.  I stopped buying equipment months ago.  Holding bitcoins is way more profitable.

[crazyates]

When I started out mining I had 0.2 % of the all the hashing.  That was 15 bitcoins a day at the time on a $30,000 investment and 6 kWatts electricity.  I thought I would never make that back.  Now I'm .004 % of the network on an additional $40,000 investment, 7 kWatts and I'm making 0.15 bitcoins a day.

If I was to purchase my original portion of the network I would need to buy 74 Antminers S2s for $266,000 and add 74 kWatts of electrical service to my basement, garage and outhouse.  And I would lose money on it.

Times change.  I stopped buying equipment months ago.  Holding bitcoins is way more profitable.

Why does saying that you're 0.004% of the network sound more impressive than saying you have 1.3TH/s?

What the hell kind of hardware are you running that gets 1.3TH/s on 13kW? Our 2TH/s of ants use 4kw, and those aren't anywhere close to the most power efficient units out there... 1.3TH of BFL Singles should be ~5.3kW... You running the first Avalons? Those 88GH/s units that pulled 1000W? Well that's why you're so angry. Upgrade your hardware, get some hashrate increases, save some power, and you'll be in a much better position!

[mazedk]

I am a bit puzzled why theres non of the really big farms on Iceland..

Power costs for iceland will be high, as its either geothermal or imported gas.

Hmm... Iceland is known to be cheap when it comes to power..?

I got quoted once for a full 1kw power, cooling and i think it was 4u for 75€ a month - including i think it was 1tb of data traffic..

is that expensive?

Could you remember where you got that offer from ? I think it is quite good.

Replyed to the pm - Lemme know how it goes

[Biffa]

I am a bit puzzled why theres non of the really big farms on Iceland..

Power costs for iceland will be high, as its either geothermal or imported gas.

Hmm... Iceland is known to be cheap when it comes to power..?

I got quoted once for a full 1kw power, cooling and i think it was 4u for 75€ a month - including i think it was 1tb of data traffic..

is that expensive?

Could you remember where you got that offer from ? I think it is quite good.

Replyed to the pm - Lemme know how it goes

If you would be so kind as to PM the info to me as well I'd be most grateful 

[Gator-hex]

I just found these today while surfing the web, though they might interest you...

http://www.youtube.com/watch?v=5CjldZLXiAU
1PH
1.4MW/h
$8m/pm!
Dunno the name of the farm but looks like Bitfury miners.

http://www.cryptx.com/peta-mine/