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Showing 5 of 5 results by Sugarman
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Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Sugarman
on 13/07/2013, 23:17:20 UTC
Correct me if i am wrong,

but wouldn't not having to pay the VAT on 1 single jupiter cover half of the 6 month term (depending on your local VAT)?
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Sugarman
on 11/07/2013, 19:38:00 UTC
Something tells me that if there was any scamming afoot, the hosting option would not be priced as it is. Perhaps electricity is more expensive there, but that just seems a bit high? Was figuring they would take a percentage of the coins mined, but the release reads like payment may be requested in USD? Just have to wait for more details and see I guess. After reading that portion of the update, I'm now seriously thinking about having my unit shipped.

In Europe you easily pay 0,30$ per 1000W/h. We use too much green energy here Wink

0,3$*24h*30days = 216$ alone for energy per month.... :-/

So from my point of view pricing is ok

I don't know about that. According to www.energy.eu electricity rates for industry are 0.07764 euros/kW and residential rates are 0.20092/kW . I can't imagine that a data center would pay residential rates for electricity so to me this looks to be on the expensive side...


Why does someone buy a hosting service:

1) Redundancy - UPS systems , generators etc. total power outage failsafe (this means that for every W of power used, it is also reserved in the DC's backup systems)
2) Abnormal power & Cooling requirements guaranteeing longevity for equipment for air humidity etc.
3) Security - would you put your moneymaker in a bank enviroment or in your mattress at home?

4532) Power costs. many datacenters use green power because the amount of power generated from one single datacenter has a huge carbon footprint.

for me its a no-brainer for my jupiter. keeping shipping /VAT / power consumption and common sense, its going in a hosted enviroment.
Post
Topic
Board Beginners & Help
Re: Hello All and the question is..... bank deposit for BTC. The best services?
by
Sugarman
on 11/07/2013, 19:23:26 UTC
Where are you from?
Post
Topic
Board Beginners & Help
Re: Exchanges and trading
by
Sugarman
on 11/07/2013, 15:22:53 UTC
How many exchanges are there?
Post
Topic
Board Beginners & Help
Re: 1 BTC Free
by
Sugarman
on 11/07/2013, 15:10:08 UTC
hi