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

[Repunza]

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.

Cheaper to just buy most coins now...

[LordPaco]

I visited the ASICSPACE facility a few days ago and let me say it was clean! These people know what they are doing and did it right. They will be hosting quite a smorgasbord of miners for me while I get my own facility operational. They passed my own inspection with flying colors, very professional layout and very cold. HVAC is all there and very massive and impressive. Good job on this facility.

[newIndia]

I visited the ASICSPACE facility a few days ago and let me say it was clean! These people know what they are doing and did it right. They will be hosting quite a smorgasbord of miners for me while I get my own facility operational. They passed my own inspection with flying colors, very professional layout and very cold. HVAC is all there and very massive and impressive. Good job on this facility.

Are they capable of deploying Gen4 miners ?

[LordPaco]

If by Gen4 you mean super efficient miners that are yet to come out, it's impossible to account for everything that may happen in the future. But that said as long as they still require electricity and cooling in mass, of course they can.

[caga]

If by Gen4 you mean super efficient miners that are yet to come out, it's impossible to account for everything that may happen in the future. But that said as long as they still require electricity and cooling in mass, of course they can.

I don't think miners would use the normal miners to mine specially there won't be a long term ROI, so we probably need something new in the mining technology.
has  there been something above ASIC yet ?

[Syke]

I don't think miners would use the normal miners to mine specially there won't be a long term ROI, so we probably need something new in the mining technology.
has  there been something above ASIC yet ?

There is no such thing as "above ASIC".

[graymatter]

Whats the total CFM capacity this facility has?  Also, what type of 'cooling' infrastructure do you have to keep all these miners cool? Evaporate cooling only? What do you expect your intake temperature to be with the maximum wet bulb during the year?  I have no doubt when its 30 degrees outside you have no problem keeping this place cool, but based on your design you don't have controlled hot air isles.

Honestly it looks like this place and all the equipment is going to cook when the temperature reaches 75 degrees / 80 degrees and they have 1mw of active miners running... Once you reach the tipping point, the temperature will rise indefinitely until units are shut off... 

Do you know exactly how many BTU's only 1 mw of equipment will put out? 3,412,142 BTU per hour, that takes, 285 refrigerator tons to cool....  With no redundancy...  I'm sorry I look at that ducting, and it appears no rhyme or reason was put into the facilities air cooling capacity layout... I've spent tons of time in data-centers before, and this thing looks like a disaster when your ambient temperature and wetbulb start to hit your summer months...  Its one thing if you have duct-ed / forced airflow and can provide 200cfm per KW (150cfm is standard per kw in normal environment) to dissipate / remove the heat out rapidly (200,000 cfm for 1 mw), but I can't figure out how you will accomplish this in your current configuration...

I mean I'd love to be proven wrong here, but what type of capabilities does your environmental system have to actually keep this equipment cool outside of the winter months?

Let me tell you, next gen systems like spoondoolies etc, hate it when the temperature climbs above 80f - 85f degrees

[ASICSPACE]

Whats the total CFM capacity this facility has?  Also, what type of 'cooling' infrastructure do you have to keep all these miners cool? Evaporate cooling only? What do you expect your intake temperature to be with the maximum wet bulb during the year?  I have no doubt when its 30 degrees outside you have no problem keeping this place cool, but based on your design you don't have controlled hot air isles.

Honestly it looks like this place and all the equipment is going to cook when the temperature reaches 75 degrees / 80 degrees and they have 1mw of active miners running... Once you reach the tipping point, the temperature will rise indefinitely until units are shut off... 

Do you know exactly how many BTU's only 1 mw of equipment will put out? 3,412,142 BTU per hour, that takes, 285 refrigerator tons to cool....  With no redundancy...  I'm sorry I look at that ducting, and it appears no rhyme or reason was put into the facilities air cooling capacity layout... I've spent tons of time in data-centers before, and this thing looks like a disaster when your ambient temperature and wetbulb start to hit your summer months...  Its one thing if you have duct-ed / forced airflow and can provide 200cfm per KW (150cfm is standard per kw in normal environment) to dissipate / remove the heat out rapidly (200,000 cfm for 1 mw), but I can't figure out how you will accomplish this in your current configuration...

I mean I'd love to be proven wrong here, but what type of capabilities does your environmental system have to actually keep this equipment cool outside of the winter months?

Let me tell you, next gen systems like spoondoolies etc, hate it when the temperature climbs above 80f - 85f degrees

Funny you ask about HVAC.  We conducted a white smoke test yesterday, analyzing the airflow rates and patterns within the space and mechanical systems.  The testing involved a 20,000 CFM white smoke machine.

Here are some videos:

https://www.dropbox.com/sh/tfh7kv34et3pqcj/AADbk68adixTPU5s6JdPDu88a/MVI_4159.AVI?dl=0

https://www.dropbox.com/sh/tfh7kv34et3pqcj/AABZgB2Cv4XRMwqopQO4ANiqa/MVI_0094.AVI?dl=0&m=1

We have acheived this with only the HVAC for the first phase of our deployment. Will double the capacity of both supply air and exhaust air before the summer, as well as add several 60 ton compressor based AC units. We track hotspots based on a 3D grid of temp sensors we have in the mine, and will be adjusting ducting and containment to deal with any problems.

As you can see, the 20,000 CFM of white smoke clears in a matter of seconds in these videos, which is a visual verification of the fact that the room is changing air at the shelf level every 5-10 seconds currently.

[timk225]

For the entire second half of that second video, what am I supposed to be seeing?  Nothing changed.

All right ASICSPACE, here's your chance to prove to me that this hairbrained scheme will work.  Answer my questions.

How much money did you spend renting this place, buying the miners, and building all this crap?

Who paid for it?

How long do you expect ROI to take?

With bitcoin difficulty already sky high and price low low, who among you thought this was a good idea?

I hope it works, but I see a financial failure in the making.  Like dmward's half-assed idea, but on a larger scale.

[ASICSPACE]

For the entire second half of that second video, what am I supposed to be seeing?  Nothing changed.

All right ASICSPACE, here's your chance to prove to me that this hairbrained scheme will work.  Answer my questions.

How much money did you spend renting this place, buying the miners, and building all this crap?

Who paid for it?

How long do you expect ROI to take?

With bitcoin difficulty already sky high and price low low, who among you thought this was a good idea?

I hope it works, but I see a financial failure in the making.  Like dmward's half-assed idea, but on a larger scale.

It's good you have a lot of questions.

I'll let you know a bit about the economics of our wee venture.

Bitcoin could plummet to $40 tomorrow and miners here would still be making twice as much $ as their power cost.

Can you say ca ching?  



We have only built out 20% of the capacity our high voltage transformer provides. We bring power at 12700 volts direct to the complex.
If any investors want a piece of the action, my email is robert@asicspace.com.

[hollowtm]

For the entire second half of that second video, what am I supposed to be seeing?  Nothing changed.

All right ASICSPACE, here's your chance to prove to me that this hairbrained scheme will work.  Answer my questions.

How much money did you spend renting this place, buying the miners, and building all this crap?

Who paid for it?

How long do you expect ROI to take?

With bitcoin difficulty already sky high and price low low, who among you thought this was a good idea?

I hope it works, but I see a financial failure in the making.  Like dmward's half-assed idea, but on a larger scale.

[Nightshiftgirl]

Hi,
 I have hosted my S4s with them.  They were operating within hours of when they received them.  They have offered me tours of the building and I will go after the roads are better.

As to the risk, life is a risk. I don't depend on the mining money to live on.  If the whole thing crashes I am out a few K, but if coin goes up I am going to be in place to capture some.  Lets face it, if you are going to wait for the coin to go up then get in you might have a few surprises.  Miners will become hard to find, and more expensive. Look at the last spike Bitmain quickly raised the price of the S5s and have not dropped it.

I am not wiser than anyone but I thing there is too much money in new investments in BTC to let it die. 

I can remember a long time ago I was playing with Vic 20's and Commodore 64s, there was another company named after a fruit, I was younger and I knew everything, I could program the computers. I listened to others, we felt that other than games what good were they.  Besides with all the business were using mainframes.  Why would a home user ever want to have a computer?  We declared home computing dead before it ever started.

 I had some k to invest, and decided to put it in the company that I worked for and not Apple.  A few years later that company went bankrupt and my stock became worth 0.   Every time I look at the price of Apple I cry..... 

I could afford to loose the money then, and I can afford to now, other wise I would not be playing here or in the market.

I wrote this to support Robert and ASICSPACE  I could mine at home for less, but I want to have more miners than my Condo can handle,
I could find a old office, upgrade the power put in AC.  But it is cheaper to put them with Robert and let him deal with the issues, my miners are insured by THEM and not me.  My temperatures are all in the 40's. 

I also have miners in my house, and I have rented miners in another place they are hashing on my pools.  I What I am saying is I am mining, covering my expenses, and having fun.  So if it goes up, Great if it crashes, I will survive, my grandkids while not get as much but I will have taken a swing at something that I felt was the next big thing.


Remember Babe Ruth also held the strike out record.

Happy Mining and thanks Robert for risking all and building a place so close to me.
Barbara

[OgNasty]

Funny how people want to centralize every aspect of Bitcoin.  I say if these mining centers are profitable at $40 per BTC, I hope the price falls to $20 per BTC.  This type of centralization to enrich the pockets of a few is exactly what Bitcoin is against.  I'm constantly surprised by people's willingness to kill what they love in the name of greed.

[valkir]

Funny how people want to centralize every aspect of Bitcoin.  I say if these mining centers are profitable at $40 per BTC, I hope the price falls to $20 per BTC.  This type of centralization to enrich the pockets of a few is exactly what Bitcoin is against.  I'm constantly surprised by people's willingness to kill what they love in the name of greed.

+1 I totally agree with you. People prefer to break the great aspect of bitcoin for money.

[Nightshiftgirl]

OgNasty and Valkir,

 I 100% agree with you that we need to keep the mining decentralized.  

ASICSPACE is not in control of the rigs that they host, they make it available for people like me that want to mine at a larger scale then I can at home.  I have control of my rigs and where they mine.  As do all of the other folks that have miners hosted there.  I am trying to get up to 30th and that I can not do at home.  I mine on the pools I want.

I pay them to host my miners, they provide Maintenance, insurance, cooling and electricity for the money I give them.  They are in business to make money off the miners and not by mining.  To me is seems a win-win, I help keep the network going, and they provide the space for me to do it.  

Everyone is saying home mining is dead,  Well I know the noise and heat got to me rather quickly, but I see the importance of having independent miners on the network  Robert and ASICSPACE sees that as well, if home miners give up the big guys win.  Robert is just providing miners with a place to hold the miners.  

So I consider myself and others that host with various co-location services as home miners with a very large shed out back, with  all of the power I could ever use.  We are in control not the people that host our equipment.

Barbara

[hollowtm]

OgNasty and Valkir,

 I 100% agree with you that we need to keep the mining decentralized.  

ASICSPACE is not in control of the rigs that they host, they make it available for people like me that want to mine at a larger scale then I can at home.  I have control of my rigs and where they mine.  As do all of the other folks that have miners hosted there.  I am trying to get up to 30th and that I can not do at home.  I mine on the pools I want.

I pay them to host my miners, they provide Maintenance, insurance, cooling and electricity for the money I give them.  They are in business to make money off the miners and not by mining.  To me is seems a win-win, I help keep the network going, and they provide the space for me to do it.  

Everyone is saying home mining is dead,  Well I know the noise and heat got to me rather quickly, but I see the importance of having independent miners on the network  Robert and ASICSPACE sees that as well, if home miners give up the big guys win.  Robert is just providing miners with a place to hold the miners.  

So I consider myself and others that host with various co-location services as home miners with a very large shed out back, with  all of the power I could ever use.  We are in control not the people that host our equipment.

Barbara

Nicely said, and also the fact that not every place in the United States or where ever you are living has 0.05 per kw. Someone like me who has 0.15 per kw would prefer ASICSPACE, not only do they have cheap prices, great customer services, cooling services for better hashrates, and on top of all that insurance on my machines with a contract signed. Where else can you get insurance for your machines if I may ask? If it burns down at home your house and your machines are a goner, no insurance given.

[bittyfree]

Is it possible that I just buy the miners online and send it to your adress, then you host them for me?
If yes, pls PM

[seriouscoin]

Funny how people want to centralize every aspect of Bitcoin.  I say if these mining centers are profitable at $40 per BTC, I hope the price falls to $20 per BTC.  This type of centralization to enrich the pockets of a few is exactly what Bitcoin is against.  I'm constantly surprised by people's willingness to kill what they love in the name of greed.

You gotta read between the lines....in fact even btc price drop to $0, they're still profitable. Its the suckers that pay hosting fee take the lost.

Its funny how he said that in a cocky manner.... prove how dump general bitcoin miners his suckers are.... They paid for something with a hope to gain back what they spent.

[mavericklm]

we want more pics

[Puppet]

Funny how people want to centralize every aspect of Bitcoin.  I say if these mining centers are profitable at $40 per BTC, I hope the price falls to $20 per BTC.  This type of centralization to enrich the pockets of a few is exactly what Bitcoin is against.  I'm constantly surprised by people's willingness to kill what they love in the name of greed.

What percentage of the network do you think these guys can host? Looking at the pics, I would guess no more than a few percent, if that.  
Is that "centralization" ? IMO thats no more centralization than the fact a similar (or actually, higher) percentage of the network might -by pure chance- have been powered by the same electricity provider or ISP 4 years ago.