Quote from: seriouscoin on September 19, 2014, 01:01:17 PM

Quote from: kendog77 on September 19, 2014, 12:58:55 PM

Quote from: vipgelsi on September 19, 2014, 12:52:03 PM

Kendog very professional. Whats your electric bill a month?

My datacenter hosting costs including everything. Needless to say, the datacenter I was using had not dealt with Bitcoin miners in the past, so they had no clue that I would use as much power as I did. They were not charging me enough and were losing money on the deal.

After this experience, I also think that using a datacenter for mining is not a great idea because datacenter costs are just too high. Miners don't need access to things like redundant power and internet, and those items just increase costs.

The most efficient mining setups I've seen just consist of a big bare bones warehouse with access to adequate enough cooling to keep the hardware from failing and a lot of cheap power.

Datacenters are WAY overkill for mining.

duh...

ofcourse they are, too bad you just found this out.

Did you even read my posts? I was getting a great deal from the datacenter, and would have stayed there as long as I could if they didn't try to increase the price I was paying!