Well…just saying it is unworkable in the USA. Someone in above in a msg said $150 for the Bitmain L3+ and a Bitmain PSU for shipping to Canada is too high. A bitmain L3+ and Bitmain PSU is about 12 lbs…with packing etc…call it 13 lbs so I get about $125 a unit for a bitmain l3+ PSU. Unsure if any other fees. (this was using usps.gov postage calculator)
Still comes out to with 30 units with the $900 setup fee to $4,650 USD. added to the $110 a month of the 1-year contract and that is If you add the leasing at $39,600 plus above $4,650 and that is an upfront ‘guess’ of $44,250.00 USD on the 30 unit plan for a year…sorry…that boat don’t float. Also my equip is paid for…even worse if you do this with new equipment.
A buddy (maxumark on bitcointalk) and I figured that IF the tariff or 25% and 2.7% import fees stay in place…will make the above much worse…assuming any new equip of note…so we figure you’d need like 7k BTC and if LTC gained a bit more proportionally to that you’d need like $125 LTC. I’m guessing this is for ‘new’ stuff, but suspect it really would be for used stuff sitting about not on…In the USA that is. Most of the USA has 4 months of summer rates which is usually 33% of more than winter electric rates. Thus all mining is dead on arrival here in the USA or if you try to host someplace else. It may have made sense at one-time w/o tariffs to a country that would take your new miner direct from the overseas maker like Bitmain…skipping the shipping issue…but them days are gone. So if you are basing your hopes on mining coming back …you have to base them on the price of LTC or your crypto of choice…and on such a choice the risk is better just to hodl for this hopeful pump…rather than pay a year of hosting these days. And again a gigawatt and a lot of other hosting places on a dump left the users holding the bag …not saying your place is that way…but sh*t happens.
So again, this may be the ‘best plan’ you can come up with. But if I was in Canada and/or if I was in the USA and had to sign up for 3 months or 9 months or 12 months…don’t matter. It is just ‘very ugly’ in Canada Hosting used stuff and downright impossible in the USA for used stuff. As to something NEW you’d have to buy and ship directly do a data hall in Canada…well, that unicorn doesn’t exist anymore.
Myself, I’m ‘attic mining’ stuff and selling stuff on eBay I’d otherwise die with. (about 5k worth of crap I figure) if crypto goes tulips with my attic empty and now a rec room my house value goes up 15k…if all is well in crypto and price doubles on the eBay sales of my attic mining of such I have the above and say in the future 3x the price of the btc I got from selling on eBay, as I call it, attic mining, that is a win/win…again, likely to just die with all this crap w/o a reason to sell it on eBay… that is the only angle I have at this time for any mining USA, my bsmt, Canada etc
sorry to say
Lastly, this may go on for awhile low prices…don’t pay to mine or get new equipment of any crypto flavor…
My big concern is if crypto is a 3 legged stool set up like adoption/speculation/mining…well adoption is way out of synch with the other 2 …mining difficulty is maxed out…at the high when the alts and btc were 3-4x higher…so that sucks…speculation seems to do its thing up or down…but newbie adoption is way, way down…unless that changes …well…we may be in for a long haul of ‘sitting on hands’ for any real changes in price or any of the above
So good luck on your hosting…and if you can yourself make $$$ by getting low equipment used prices and tossing it up at your base rate of yourself ‘to get by’ that may be the best bet. Not sure how many folk are gonna flow thru your door…but hey, cheap equipment for your own uses.
my 2c worth…what do I know…at one time I trusted ButterFly Labs (did get my refund on a fluke) but still…I know zip