So, you’ve had some success profitably mining bitcoin and other cryptocurrencies. You’ve continued to expand your operations, and now you’re looking for a space that can suggest you all the power and cooling you need spil you proceed to expand. What could be better than renting space te a gegevens center for bitcoin mining? Spil it turns out, not all gegevens centers are created equal, and colocation isn’t the optimal solution for many bitcoin miners. Here’s why:
Redundant Power, Cooling &, Network
Many colocation providers build their gegevens centers to have redundant power and network feeds, spil well spil redundant cooling equipment. The purpose of this is to keep IT equipment running at all times, 24x7x365. Building redundancy into gegevens centers is expensive. To waterput it into perspective, the Gegevens Center Journal estimates a difference of $650 vanaf square foot inbetween building a tier 1 gegevens center (no redundancy) and a tier Four gegevens center (fully redundant). The Uptime Institute estimates the cost of building a tier Trio gegevens center to be dual the cost of a tier Two gegevens center.
Ter other words, if you place your bitcoin mining equipment te a gegevens center that offers redundancy, you’re going to pay significantly more. If you can afford to have your equipment offline for about 24-36 hours out of the year, the cost of colocation ter a gegevens center with redundant infrastructure likely isn’t for you.
Numerous Layers of Security
Many colocation facilities are built to be very secure. Gegevens Foundry, for example, employs eight layers of security te many of our gegevens centers. This includes a security booth with 24×,7 security personnel, CCTV cameras, cautiously managed movie archives, man traps and biometric scanners. This level of security is beneficial for some companies, and necessary for others that voorwaarde meet certain compliance requirements and protect sensitive gegevens. The cost of numerous layers of security te many gegevens centers may not be worth it for cryptocurrency miners.
What You Need to Know before Contacting a Gegevens Center Provider
Before you voeling a colocation provider to see if they might be a good getraind, you need to understand your power requirements. How many kilowatts of power do you need for your mining operation? You’ll also want to think about how much space you will need ter terms of racks. Some colocation providers charge by space, others charge by power, and some by a combination of both. Without having power and space ter mind, you won’t be able to obtain an estimate. It’s also a good idea to have an idea of what your budget is for colocation. How much can you spend and still remain profitable? Keep ter mind that many providers will require a deposit and a 12-month contract at a ondergrens.
Options for Bitcoin Mining ter Gegevens Centers
If you determine colocation at this level isn’t the best option for you, there are a few hosting providers out there that can provide cost-effective solutions for bitcoin miners. Mining Colocation, based te Canada, charges around $100 vanaf kilowatt. Root Level Technology based ter Houston also provides mining solutions. Frontline Gegevens Services ter Fresh York accommodates miners, and Enhanced Mining has several locations ter the U.S and Canada for mining equipment.
About Gegevens Foundry
Gegevens Foundry provides enterprise colocation services te purpose-built gegevens centers te Austin and Houston, Texas with redundant power, network and cooling. Our facilities provide eight layers of security, te addition to customizable security options. If you have a need for redundant utilities and high-level security, and this fits your business prototype, voeling us.