Quote from: blunthammer on September 05, 2014, 01:41:22 AM

Jimmothy, thanks for the guidance. I know the coin foundry guys and I know data centers. I clearly don't know as much about mining as most of the folks on here, I haven't had the time in Bitcoin that I have had in data centers.

I have to assume that not everyone owns the fastest rigs. What if they did? What if they owned more efficient rigs? Why doesn't everyone just run those? Why aren't those the standard? What do you use?

What does an efficient design of a rig or a facility do to the profitability?

Sure you can buy more efficient hardware like SP31 or S3+ but none are shipping now.

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Is the only unit of measurement the Kw or Kwh?

What I don't see calculations for in that calculator are CapEx allowances, rent, taxes (ad velorum, sales, utility), debt service, insurance, infrastructure/tenant improvements, wiring, ducting, cabinets, labor, permits, security (physical & logical), and legal. Telecom services, shipping, travel, and all of the other things that are material costs of a business.

The important units are $/GH(capex), W/GH(efficiency), and $/kwh(opex).

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I appreciate the link to the mining calc. Where do you mine? At what scale? How do you get a good deal?

I stopped mining and sold my hardware because I pay ~$0.15/kwh which is not viable in the long run.

Giant scale mining operations are already beginning to take advantage of <$0.05/kwh locations.

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So what makes a great deal and why? I know you don't speak for the global community, I am curious...

A good deal would be less than $0.1/kwh without a ridiculously long term contract. (less than 3 months would be ideal.)

Nobody wants to pay for 12 months of hosting when you stop earning a profit after 4-5.