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

[ASICSPACE]

I see Jared is aboard as well.

What edge do you have over Daves mines and the Wenatchee location that you copied the idea from: https://megabigpower.com?

Well if you want to get technical, Dave's mine is in East Wenatchee. He's paying more for electricity over across the river than we are.

We have the small advantage of no lethal exposed hot conductors.

Also, I'm not sure how we copied his idea, since we do hosting and he doesn't.

[caga]

Wow great looking building - arnt you worried about btc continuing to drop? Just seems like a big investment.

Great for bitcoin that people are still making investments like these

Whats the rock bottom price, say with 0 cost for the electricity to actually not profit ?
 I thought it was in the low 300's but I was wrong.

[gamerholicdotcom]

is it profitable to make such mines when the price of btc is down?

[sherbyspark]

is it profitable to make such mines when the price of btc is down?

In countries with low electricity costs it would be profitable.
But after halving next year, it would be hard to say so.

[iglasses]

is it profitable to make such mines when the price of btc is down?

In countries with low electricity costs it would be profitable.
But after halving next year, it would be hard to say so.

Reward-Drop ETA: 2016-08-01

Long time to profit from now till then.

[Milkthief]

I can't understand something...

Using this calculator, I can't find profit until the start of 2016...
Putting in the S3 ready to use at the price I see on the site, I see profit in february 2016, with a 1% diff increase. But the agreement time is one year...
So?

[aacoins]

I can't understand something...

Using this calculator, I can't find profit until the start of 2016...
Putting in the S3 ready to use at the price I see on the site, I see profit in february 2016, with a 1% diff increase. But the agreement time is one year...
So?

Currently without difficulty changes being taken into account it would be about 243 day ROI which equals about 300 dollars profit on your contract ammount plus you can resell the miner or AACOINS will buy it back from tou for reasonable fair market value.

[sherbyspark]

is it profitable to make such mines when the price of btc is down?

In countries with low electricity costs it would be profitable.
But after halving next year, it would be hard to say so.

Reward-Drop ETA: 2016-08-01

Long time to profit from now till then.

Oh thanks for that info. I thought it was happening sometime next  year end or beginning of 2016.

[Newar]

is it profitable to make such mines when the price of btc is down?

In countries with low electricity costs it would be profitable.
But after halving next year, it would be hard to say so.

Reward-Drop ETA: 2016-08-01

Long time to profit from now till then.

Oh thanks for that info. I thought it was happening sometime next  year end or beginning of 2016.

http://bitcoinclock.com/

[mavericklm]

2016 08 01 is that 1 of 08 or 8 of January?

[Newar]

2016 08 01 is that 1 of 08 or 8 of January?

First of August.

[bobcaticus]

I see Jared is aboard as well.

What edge do you have over Daves mines and the Wenatchee location that you copied the idea from: https://megabigpower.com?

Well if you want to get technical, Dave's mine is in East Wenatchee. He's paying more for electricity over across the river than we are.

We have the small advantage of no lethal exposed hot conductors.

Also, I'm not sure how we copied his idea, since we do hosting and he doesn't.

He's been there for over a year and a half, hence you moving out there to copy his model.  

They started offering hosting last march.  

"lethal exposed hot conductors" - ha ha! Nothing is safe.

[Betwrong]

looks interesting. thanks for sharing!

[TheNabeel]

wow this is huge huge mine , difficulity gonna increse for sure

Q : which hardware u gona use ?

[JohnLight95]

This looks incredible, good job! I wish I could undertake a project like this.

[ASICSPACE]

wow this is huge huge mine , difficulity gonna increse for sure

Q : which hardware u gona use ?

That's up to you! We're not mining for ourselves (expect for the personal miners I have in my house). We do colocation: you send miners to us: we host them .

[aclass]

So basically you offer $0.12 price for power + colocation which is nice considering $0.1 regular price for home mining at many places.

[ASICSPACE]

So basically you offer $0.12 price for power + colocation which is nice considering $0.1 regular price for home mining at many places.

If you'd like to pay a year in advance, I can do better than 11 cents/kwh.

[ASICSPACE]

Wow great looking building - arnt you worried about btc continuing to drop? Just seems like a big investment.

Great for bitcoin that people are still making investments like these

We're not too worried. Our electricity is very inexpensive, those few cents that we're cheaper than everyone else amount to close to $30k in profit each month.

[chicagoleo]

I think $.10 is pretty standard pricing for miner colocation these days....    

http://coin-mining.mystarpoint.com      

Our pricing has been like this since the beginning, datacenter has been here in Chicago since 2004,  
but you buy power for half the price!  Wish we had that pricing!  $.06 per Kwh here.  

 ?Gonna be exciting to see your launch!  You get those Transformers humming yet?

Chicagoleo