Pics of Huge Hosting Mine Under Construction, (Dec 2015 Update: We've moved)

[Syke]

The funniest thing (to me anyway) was that there was about 30 or 40 BFL Monarch's that a customer sent them, but didn't realize they needed to provide their own power supplies or a computer of any kind to connect to the USB ports, so they were just sitting there waiting for the customer to ship them the power supplies so they could plug them in.  It's surprising to me that a customer would jump into mining by buying so much gear, signing a hosting contract, and have absoutely no idea what kind of equipment they were buying and what was necessary to hook it up.

He should leave them off. He'll only lose more money by turning them on.

[Nightshiftgirl]

Do you still have room, it's been quiet here
Barbara

[ASICSPACE]

Do you still have room, it's been quiet here
Barbara

We still have plenty of space, so we'll be dropping our prices from $80-$95 to $75-$90.

In fact we're still expanding the site, we'll be putting in about ~400 kw over the next two months.

[ASICSPACE]

All very impressive but is this still viable with the current price? I would have though investors will be very nervous right now.

12-month pre-payment plan ($80/kwh), 2 TH/s:

If you have the most efficient miners at .5 J/GH, income is $137/mo, hosting is $80, you are sitting at net $57/mo.
If you have the average miners at .7 J/GH, income is $137/mo, hosting is $112, you are sitting at net $25/mo.
If you have old miners at 1.0 J/GH, income is $137/mo, hosting is $160, you are sitting at negative $23/mo.

and that doesnt include hardware either. seeing as most miners are at least $500 + shipping. that leaves you with negative numbers, even at $80 a month.

your reply doesnt exactly make since because thats how an investment works. If you have a 1,000 investment plan that can garuntee you ROI in the first month its a ponzi or similar scam.

If you mine in 90% of the US in your personal home with personal power rates your ROI chances will be slimmer than with ASICSPACE

Take a look at your power bills if your paying more than 0.1 a KWH then your paying more than asicspace charges you and you also have 0 insurance and you must listen to your nagging wife/gf about all the heat and noise of your miners.

An antminer s5 at asicspace will ROI in about 8 months if the price stays as low as it is if it goes up then your looking easily at 100 day roi (normal ROI for ASIC mining equipment at least on all of mine)

If nothing changes all year (price or difficulty ) youll make 200$ easy with an s5 and a 1 year contract at asicspace.

To someone who has already bought their miner, what they paid for it is a sunk cost. The question is can they save money by switching to us? For a lot of our customers, the answer is yes.

The next question they should ask is..... what do they have as a guarantee that you dont close down and take their hardware? even if you agree to ship their hardware back, the cost of shipping alone (round trip) would negate any saving they have from electrical cost.


In other words: they take MORE risk to send hardware to some guy on forums. I dont care if you post pics of your mansion and mistress. Your company is younger than my pimple.

You've had a pimple for 11 months? Really should have that checked out by a dermatologist. 

[LFC4Life]

interesting what will happen with this "btc-plant" when bitcoin will fall to the bottom and will finished to be relevant

[Repunza]

interesting what will happen with this "btc-plant" when bitcoin will fall to the bottom and will finished to be relevant

I agree, some people has just allowed this bitcoin craze to drive them to insanity.

[seriouscoin]

interesting what will happen with this "btc-plant" when bitcoin will fall to the bottom and will finished to be relevant

I agree, some people has just allowed this bitcoin craze to drive them to insanity.

I bet Steve Jobs were called insane and crazy as well. In fact any pioneers in the eyes of general public are crazy.

Thats why most ppl are just followers while only a few open the path.

[seriouscoin]

All very impressive but is this still viable with the current price? I would have though investors will be very nervous right now.

12-month pre-payment plan ($80/kwh), 2 TH/s:

If you have the most efficient miners at .5 J/GH, income is $137/mo, hosting is $80, you are sitting at net $57/mo.
If you have the average miners at .7 J/GH, income is $137/mo, hosting is $112, you are sitting at net $25/mo.
If you have old miners at 1.0 J/GH, income is $137/mo, hosting is $160, you are sitting at negative $23/mo.

and that doesnt include hardware either. seeing as most miners are at least $500 + shipping. that leaves you with negative numbers, even at $80 a month.

your reply doesnt exactly make since because thats how an investment works. If you have a 1,000 investment plan that can garuntee you ROI in the first month its a ponzi or similar scam.

If you mine in 90% of the US in your personal home with personal power rates your ROI chances will be slimmer than with ASICSPACE

Take a look at your power bills if your paying more than 0.1 a KWH then your paying more than asicspace charges you and you also have 0 insurance and you must listen to your nagging wife/gf about all the heat and noise of your miners.

An antminer s5 at asicspace will ROI in about 8 months if the price stays as low as it is if it goes up then your looking easily at 100 day roi (normal ROI for ASIC mining equipment at least on all of mine)

If nothing changes all year (price or difficulty ) youll make 200$ easy with an s5 and a 1 year contract at asicspace.

To someone who has already bought their miner, what they paid for it is a sunk cost. The question is can they save money by switching to us? For a lot of our customers, the answer is yes.

The next question they should ask is..... what do they have as a guarantee that you dont close down and take their hardware? even if you agree to ship their hardware back, the cost of shipping alone (round trip) would negate any saving they have from electrical cost.


In other words: they take MORE risk to send hardware to some guy on forums. I dont care if you post pics of your mansion and mistress. Your company is younger than my pimple.

You've had a pimple for 11 months? Really should have that checked out by a dermatologist. 

Oh dont worry, its gone... just like your company will be soon.

PS. nice ignoring my point idiot.

[ASICSPACE]

All very impressive but is this still viable with the current price? I would have though investors will be very nervous right now.

12-month pre-payment plan ($80/kwh), 2 TH/s:

If you have the most efficient miners at .5 J/GH, income is $137/mo, hosting is $80, you are sitting at net $57/mo.
If you have the average miners at .7 J/GH, income is $137/mo, hosting is $112, you are sitting at net $25/mo.
If you have old miners at 1.0 J/GH, income is $137/mo, hosting is $160, you are sitting at negative $23/mo.

and that doesnt include hardware either. seeing as most miners are at least $500 + shipping. that leaves you with negative numbers, even at $80 a month.

your reply doesnt exactly make since because thats how an investment works. If you have a 1,000 investment plan that can garuntee you ROI in the first month its a ponzi or similar scam.

If you mine in 90% of the US in your personal home with personal power rates your ROI chances will be slimmer than with ASICSPACE

Take a look at your power bills if your paying more than 0.1 a KWH then your paying more than asicspace charges you and you also have 0 insurance and you must listen to your nagging wife/gf about all the heat and noise of your miners.

An antminer s5 at asicspace will ROI in about 8 months if the price stays as low as it is if it goes up then your looking easily at 100 day roi (normal ROI for ASIC mining equipment at least on all of mine)

If nothing changes all year (price or difficulty ) youll make 200$ easy with an s5 and a 1 year contract at asicspace.

To someone who has already bought their miner, what they paid for it is a sunk cost. The question is can they save money by switching to us? For a lot of our customers, the answer is yes.

The next question they should ask is..... what do they have as a guarantee that you dont close down and take their hardware? even if you agree to ship their hardware back, the cost of shipping alone (round trip) would negate any saving they have from electrical cost.


In other words: they take MORE risk to send hardware to some guy on forums. I dont care if you post pics of your mansion and mistress. Your company is younger than my pimple.

You've had a pimple for 11 months? Really should have that checked out by a dermatologist.  

Oh dont worry, its gone... just like your company will be soon.

PS. nice ignoring my point idiot.

Oh you mean when you asked what we have to prove that we can't simply disappear and abscond with your hardware?

 I mean we have professional contracts, people know us and our location, etc., but in any relationship you can get screwed over and legal action is a pain in the ass.

We're hoping by building good relationships with customers and being open and honest we can gain the communities trust. Any suggestions? Feel free to visit us and our facility.

[LFC4Life]

I bet Steve Jobs were called insane and crazy as well. In fact any pioneers in the eyes of general public are crazy.

you really think that inventors like Steve can be compared with "air traders" like most of clients of this forum

[stonehedge]

is this underground?

No. Lots of concrete in this building, very good for heat dissipation.

If your cooling fails you will find that the concrete might work against you for a few days afterwards. 

I design data centres for a living, or at least that is one of the things that my company does.

We've been called into DCs with completely failed cooling to provide advice and found that concrete walls can take up to 4 days to cool down from peak ambient temperature.  This puts huge load on your cooling when it comes back online again.  One medium sized concrete DC I remember had a total cooling failure for 24 hours (the customers didn't power down for whatever reason) and the walls stayed at 40 degrees celsius for over 48 hours.

Assume that thick concrete walls will act as storage heaters if something goes wrong and factor that into your cooling calculations.

As for high ceilings, I'm not sure what to think.  I've always been schooled to minimise the volume of the area to be cooled but maybe there is something to be said for a convective tower effect.  It seems a little non standard to me though as airflow is king.  Might you consider putting in a false ceiling?

[wonko]

Hey guys,

Just wanted to join in and say that I've currently got a bunch of SP20's mining in these guy's datacenter. 

As far as customer support - they can't be beat, they set everything up for me and there were a few issues and they took the time to make sure everything was running perfect, I was pretty much completely hands off.

Profitability - I was happy to see that I was still turning a small profit when bitcoin hit its low last week while several of my other mining investments went negative.  Right now it looks like I'll get my ROI in 5-8 months depending on BTC price which is better than most of the cloud services out there (a lot of them are creeping up on 12 months).

I've gone over their contract and it's legitimate and legally binding, they're not trying to hide their identities either which is a good sign.

That being said I think we all know that crypto-mining is incredibly risky business, so don't expect to get rich quick.  Just wanted to give these guys a shout out because I'm very pleased with the service so far 

-wonko

[Marvell1]

So how much would it cost in total to host the sp20 mini farm (15 sp20s all pulling around 1.2KW(1200 watts))

How about PSU's I assume those would have to be shipped as well ?  Sounds really risky to send all that hardware to a hosting company with no guarntees

[ASICSPACE]

So how much would it cost in total to host the sp20 mini farm (15 sp20s all pulling around 1.2KW(1200 watts))

How about PSU's I assume those would have to be shipped as well ?  Sounds really risky to send all that hardware to a hosting company with no guarntees

Depends on if you'd like to prepay your contract or not.

Prices range from:

$75-$90/kw/month

We can source PSUs for about $76 each for the SP20.

I can give you contact info of a few customers which have done that and send you some pics.

PM me your email and I'll shoot you a sample contract.

Thanks!

Robert

[timk225]

This mining farm is another case of too much, too late in the Bitcoin game.  

Everyone go back to page 1 and see the photos of the place under construction.

Now imagine the place mostly cleared out, empty, devoid of any ability to mine Bitcoin.  Random trash and shelving pieces litter the floor.

That is what this place will look like in less than two years.

And I also ask the question - why should the investors have any confidence that the people in charge of this place simply won't disappear with the mining hardware?  What is in place to force them to stay and mine?

I have predicted it here, check back later to see that I was right.  Bitcoin price may have some ups and downs, but over the next two years it will slowly but steadily do a lumpkin dive into unprofitability.

[Syke]

This mining farm is another case of too much, too late in the Bitcoin game.  

Everyone go back to page 1 and see the photos of the place under construction.

Now imagine the place mostly cleared out, empty, devoid of any ability to mine Bitcoin.  Random trash and shelving pieces litter the floor.

That is what this place will look like in less than two years.

Quite possibly, which is why I wouldn't prepay for a five-year contract. But if I buy a one-year contract, I don't really care what happens two years from now. Next year when the contract expires, I can re-evaluate whether I think another year will be profitable.

Bitcoin price may have some ups and downs, but over the next two years it will slowly but steadily do a lumpkin dive into unprofitability.

That I doubt. There's a high likelihood of a price spike in the next two years that will bring mining back into profitability, since the price can spike much faster than the difficulty can (bringing lots of miners online is much slower).

[Marvell1]

So how much would it cost in total to host the sp20 mini farm (15 sp20s all pulling around 1.2KW(1200 watts))

How about PSU's I assume those would have to be shipped as well ?  Sounds really risky to send all that hardware to a hosting company with no guarntees

Depends on if you'd like to prepay your contract or not.

Prices range from:

$75-$90/kw/month

We can source PSUs for about $76 each for the SP20.

I can give you contact info of a few customers which have done that and send you some pics.

PM me your email and I'll shoot you a sample contract.

Thanks!

Robert

I don't have the funds to prepay $90/kw/month is what I pay to run my miners from home so no point in hosting right now

[adaseb]

So $80 per KWH is like $0.12/KwH

Don't most people in most places have cheaper electricity in their private home and at least cost the same?

[Syke]

So $80 per KWH is like $0.12/KwH

Don't most people in most places have cheaper electricity in their private home and at least cost the same?

The average rate in the US is about $.12/kwh, and that's not counting summer cooling costs, so yeah, it's about the same. But, the average home is very limited in power capacity, noise levels, etc. Sure, you can host a terahash or two, but not much more without a lot of effort.

[ASICSPACE]

So $80 per KWH is like $0.12/KwH

Don't most people in most places have cheaper electricity in their private home and at least cost the same?

The average rate in the US is about $.12/kwh, and that's not counting summer cooling costs, so yeah, it's about the same. But, the average home is very limited in power capacity, noise levels, etc. Sure, you can host a terahash or two, but not much more without a lot of effort.

We go as low as $75, which is about $0.10 per kwh.