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Small Miner Hosting in Northern Utah - Small Start UP - Wasatch Coin
by
wasatchcoin
on 17/10/2015, 16:10:00 UTC
This is just for a show of interest.  I am in the Davis county area and have a business location that is not open to the public but just an office space for me to conduct my business.  But in the back it is currently wired out with 18 - 20 amp dedicated outlets.  So my max farm before with the s5's was around 42 TH, my max farm with just the 18 outlets that I have, and I am going to add 6 more  but for right now stick with 18 using the s7's is going be 88 TH, and I am shaving off about 40 amps of power use.  So it is a sizable increase and decrease.  Of course with the older equipment I would be running 12 to 14 amps per jack and with my office equipment really didn't have room for more so 18 jacks was enough.  With the new S7's  coming out each unit will be running around 10 amps.  So to start out my thought is to lease a nearby unit with the exact same power and have it wired out the same way but with more jacks.  My requirements would be that I would have 26 possible jacks to lease out at a rate if $3.5 per jack per day for the jack charge and that would stay constant.  The power per day would fluctuate as my power fluctuates.  So in the summer it would 2.88 per day and in the winter it would be 2.6.  This is for just one jack and I am thinking of discounts if you leased multiple jacks, but I haven't had time to do the math.  So you total would be jack charge $3.5 plus power $2.6 = $6.10


There would be a 6 month commit  and then you could go month to month.  However, due to the nature of BTC you can switch out your equipment any time within that time-frame if something better comes along.  In fact I can help you out whenever possible.  

The advantages are the power is cheaper commercially (about .05 cents per kw) and if you divide out the rates you will see you are paying around .09 to .10.  That is a couple cents more than what I pay but I have to pay what is called a demand charge and it is a monthly charge per KWh based on usage.  for mining it is several hundred additional dollars.  

So whats up with the $3.5 jack charge.  I have to lease the building, pay the deposits, have to spend $2500 to get the place professionally wired out to each of you miners are on there own protected 20 amp commercially rated breaker, and get the building insured for what I am doing.  Also, I did not mention this before, and after giving it some thought I will be providing the power supplies.  So this will be plugged into a 1600 Watt power supply more than capable of running and S7 or whatever you chose that will run at 10 amps or under.  but understand that because this is a small start up experiment I need to set the amp rating so I can calculate exactly how many people I can have in there to being, and if it flops then I am only in it for one year.  

The next thing is this may be the perfect fit for one who wants to try this but other family members do not want them in the house.  

Any ways I am kinda new to this forum but not to bit coin and have been trying to get people to use their bitcoins to buy from my site for years BTC


So start asking questions and please do it here so other can see and I am not answering the same thing over again.