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miners9rt:   Followers: 0 ; Following: 0

Why Host Your Bitcoin Mining Server at at Colocation Data Center?

bitcoin miner


A common question we have been asked on a regular basis, is "Why would I host my server in a data center, and not at my house, or my office?". The fast Answer: Scalability.

Even though it is initially economical to maintain mining servers inside a residential or small commercial setting, the saving's quickly diminish since the mining operation scales up. There are numerous costs that are often ignored whenever a Bitcoin Mining operation begins. While nearly everybody is immediately aware of the electrical costs involved in the endeavor, hidden costs quickly add up. Included in this are:

 Electrical Infrastructure Costs: Typical new construction supplies a code allowable wattage use of 38,400 watts. This can be 34 Antminer S1's or 20 Cointerra Terraminers. This power figure negates electricity needed to actually live or just work at the location, plus it negates cooling costs. Installing approximately 20 x 20amp electrical outlets also costs money.

 Cooling Infrastructure Costs: It may need approximately 40% from the electrical consumption employed by a miner to cool the room it is in, if mechanical cooling is necessary. This leaves only 23,040 watts designed for actual mining power, looked after adds 40% towards the cost of the net electricity used for the operation. With all the national average of $0.12 per KWh, that brings the entire to $0.16 per Kwh with cooling costs involved. Also, an internet usage of 23 Kw will require about 6.5 additional plenty of cooling. Most large houses have about 6 tons for comfort cooling, this may mean when using 12 plenty of cooling necessary. Installing this additional air conditioning unit is expensive.

 Long Term opportunity costs: With the increasing Bitcoin Difficulty, you have to take into consideration if the costs of installing 20 x 20amp plugs, and 6 additional tons of air conditioner can make a great long term investment.

In terms of crypto currency and mining for coins, the existing adage of "time is money" is valid more than ever. This must be inside the forefront of the thought processes when deciding how you will go about this process. Be sure you choose a data center that will know how valuable your uptime is!

Ultimately, a true data center could have not merely battery backup, but a secondary power source, like a generator. They'll also have network redundancy. They are 2 more items that will show to be valuable in your experience.

May well avoid the troubles of power consumption, electrical consumption and the fear of downtime to your equipment. Colocate your equipment and commence earning your coins!

antminer s9

Post by miners9rt (2016-07-13 14:03)

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