Expansion in Dallas
That’s not all. As soon as next month, CloudHashing plans to open a new data center in Dallas where it will launch an armada of water-cooled mining rigs from CoinTerra featuring cutting edge 28nm ASIC chips. He says the Dallas facility will operate at “an unprecedented scale,” and could eventually house 2,500 machines and use 2.3 megawatts of wholesale space.
That’s not on the immediate horizon, as it was only last week that CoinTerra unveiled the first working prototype of its new TerraMiner IV system. CloudHashing is partnering closely with CoinTerra, a Silicon Valley bitcoin hardware startup headed by Ravi Iyengar, former lead CPU architect for Samsung.
“We always ensure that we’re using the very latest hardware,” said Abiodun. “We’re major hardware buyers, so it’s essential that our approach is as efficient as possible.”
In addition to buying CoinTerra rigs for its own customers, CloudHashing is also supporting Terramine Hosting, which will house hardware for CoinTerra customers. For $1,899 to $2,999 per year, customers who buy CoinTerra’s 4U systems can house them in Terramine racks in CloudHashing’s data center.
IceDrill: Powered by Bitcoin IPO
CloudHashing isn’t the only Bitcoin mining outfit teaming with hardware vendors and data center providers. IceDrill plans to build a powerful mining facility in a data center in Canada, which will be populated with 28nm ASIC machines from HashFast, another Silicon Valley hardware startup. Like its rival CoinTerra, HashFast has seen delays in shipping its mining computers, but recently delivered the first units to IceDrill for testing.
IceDrill is backed by a unit of PetaMex, which raised capital through a public offering on a platform for Bitcoin investors. Photos of the company’s data center, posted by IceDrill co-founder Willem van Rooyen, depict a commercial data center featuring Trane chillers and Cummins generators. The company isn;t disclosing the location or provider of its facility. “We’re glad to be working with a data center which is not only willing (and able) to cater to our ‘special needs,’ but also excited by the future prospects of the Bitcoin mining space,” van Rooyen shared on Bitcoin Talk.
HashPlex: Walking With the Cloud-Builders
A startup called HashPlex is hosting bitcoin hardware in sites in Seattle, and is preparing to open a new data center in central Washington state, where its neighbors will include Microsoft and Yahoo cloud server farms that are among the world’s most efficient facilities. The company says it is backed by venture capitalists and angel investors and will launch with the ability to support customers with “megawatt-plus” power requirements. The HashPlex team includes veterans of Microsoft, Google and the Open Compute Project.
“We think there is a need for hardware hosting as mining moves from being a hobbyist activity to something bigger,” the company said in a post on Reddit. “Traditional datacenters are way too expensive and offer more redundancy in all respects than we really need. None of the options are what we’d call miner-friendly. So we started building HashPlex. We’re building out a data center in central Washington where power is clean and cheap.”
HashPlex will host customers’ mining hardware for $99 per kw-month (1000 watts used constantly over a one-month period).
Custom Facilities: Homebrew at Scale
While some bitcoin mining operations will seek out established data centers, others are creating their own facilities. Among these is MegaBigPower, which also operates a facility in Washington state. Seattle entrepreneur Dave Carlson has created a bitcoin mine from a former warehouse filled with more than 1,300 custom rigs running nearly 300,000 ASIC hashing chips, according to a post at BitcoinTalk.
Bloomberg BusinessWeek recently had a look inside Carlson’s operation: “Inside the facility … row after row of Bitcoin computers sit on cheap metal racks he bought at Home Depot. Industrial fans on the floor keep the machines cool.”
At the other end of the spectrum is a Hong Kong facility operated by ASIC Miner, in which rows of rack-mounted tanks are filled with Novec, a liquid cooling solution created by 3M. Inside each tank, densely-packed boards of ASICs run constantly as they crunch data. As the chips generate heat, the Novec boils off, removing the heat as it changes from liquid to gas.