UK Asic Hosting

[cmine]

Hi All,

It has taken awhile but I may now be in a position to offer some space I have in a UK Data Center for mining hardware and would love some community reaction.

Features:
Tier 2 DC with redundant Power, Data.
Full cooling/dust removal/Cold aisle containment
Will host all AISCs and GPU based units (provided they fit in a rack/on a shelf). Watercooled considered.

2 Levels of service:

1: Send and Forget (Send me hardware and pool details. I take care of the rest.)
2: VPN access to your hardware at anytime (small setup cost)


Terms:
Min 1 year term with option to swap out during that period
6 months upfront then billing quarterly.
Billing to the nearest 0.5kw
Payment in GBP, Bitcoin or certain Alt Coins


At the moment prices are coming out around 33/34p per kwh inc VAT. While this is double the average UK supply and much more than international providers. I would be grateful to get any comments from UK miners to see if it is worth taking further due to the additional services provided.

Example: Spondoolies SP30 @ 2.5kW =  1825kWh per month = £620. Earning potential (Today's Diff/Luck from CoinWarz) = £2612 per month. Net: £1992

Kind Regards,
Chris

[squall1066]

I would be grateful to get any comments from UK miners to see if it is worth taking further due to the additional services provided.

sure 

2 Levels of service:

1: Send and Forget (Send me hardware and pool details. I take care of the rest.)
2: VPN access to your hardware at anytime (small setup cost)

this is good, most only want to use VPN, I like send and forget.

Terms:
Min 1 year term with option to swap out during that period
6 months upfront then billing quarterly.

One year is too long, along with 6 months upfront, Too much can happen in Crypto world in a month.

Billing to the nearest 0.5kw
Payment in GBP, Bitcoin or certain Alt Coins

Billing needs to be closer, as a Bitmain S2 pulls 1.1KWH meaning I will pay for the full 1.5KWH

33/34p per kwh inc VAT

This is not bad, If closer thresholds on an S2, It would cost 269.28 (24*1.1*0.34*30)

This is useful to someone keeping hosting in the uk, But IMO (genuinely) It's not worth the hassle for you, I can host a S2 in USA for £140 or less, And lest not forget, I do not have to pay import charges.

But if you like your equipment in the UK, Or you all ready have stuff here that needs to me out the way without loosing your hashing power, This is a reasonable deal for the UK.

HTH.

[Tigggger]

I have my own server room and I was recently asked by another member on here if I could host some of his machines, but the problem as you have found is that the UK is not a good location to do this.

Although I have decent rates due to volume of 10p kwh, by the time you add the VAT and climate change levy it's up to around 13p kwh which is the equivalent to $0.20 in the USA

Once you have added on some for cooling, maintenance and profit the rates are just too high to be worth doing.

Another problem is the stinking 20% import duty + fees we have to pay when something is imported.

Because of this I am slowly selling off my old equipment and having my new stuff shipped to the USA to be hosted there. Because they have such low electric rates they can offer the full service for what I pay on just electic plus no taxes.

I wish you well if you move forward, but I don't see much of a demand here.

[cmine]

I would be grateful to get any comments from UK miners to see if it is worth taking further due to the additional services provided.

sure 

2 Levels of service:

1: Send and Forget (Send me hardware and pool details. I take care of the rest.)
2: VPN access to your hardware at anytime (small setup cost)

this is good, most only want to use VPN, I like send and forget.

Terms:
Min 1 year term with option to swap out during that period
6 months upfront then billing quarterly.

One year is too long, along with 6 months upfront, Too much can happen in Crypto world in a month.

Billing to the nearest 0.5kw
Payment in GBP, Bitcoin or certain Alt Coins

Billing needs to be closer, as a Bitmain S2 pulls 1.1KWH meaning I will pay for the full 1.5KWH

33/34p per kwh inc VAT

This is not bad, If closer thresholds on an S2, It would cost 269.28 (24*1.1*0.34*30)

This is useful to someone keeping hosting in the uk, But IMO (genuinely) It's not worth the hassle for you, I can host a S2 in USA for £140 or less, And lest not forget, I do not have to pay import charges.

But if you like your equipment in the UK, Or you all ready have stuff here that needs to me out the way without loosing your hashing power, This is a reasonable deal for the UK.

HTH.

Thank you squall1066 for the great feedback. I could offer a closer billing method. Even Actual Usage/Monitoring per device. This would however add a setup charge or increase the per kWh cost slightly. At this stage I am open to any and all suggestions to see the viability and support UK mining.

[cmine]

I have my own server room and I was recently asked by another member on here if I could host some of his machines, but the problem as you have found is that the UK is not a good location to do this.

Although I have decent rates due to volume of 10p kwh, by the time you add the VAT and climate change levy it's up to around 13p kwh which is the equivalent to $0.20 in the USA

Once you have added on some for cooling, maintenance and profit the rates are just too high to be worth doing.

Another problem is the stinking 20% import duty + fees we have to pay when something is imported.

Because of this I am slowly selling off my old equipment and having my new stuff shipped to the USA to be hosted there. Because they have such low electric rates they can offer the full service for what I pay on just electic plus no taxes.

I wish you well if you move forward, but I don't see much of a demand here.

Tigggger you are absolutely right. If profit is your motive. US or Asia is by far the best place to host your kit. Even hosted mining is getting more reasonable.

In the UK, not only do you have the VAT, CO2 Levy, insurance, rates, high data costs, high energy costs, cooling, getting enough power to a DC or Rack (most are built to single phase 7kW per 42U) where as I can potentially handle upto 50kW per rack with custom cooling solutions. It is not the best place for profit.

All of that said, if you like having your kit in a location you can visit, soon to be 100% renewable (fingers crossed) and globally distributed to better support the currencies including GPU/CPU based, my hope is this will be of interest but at this stage, I am completely open to all comment, suggestion and criticism. My main focus is to support the UK community the best I can.

Thanks again for you comments.
Chris