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You can head back to our homepage, or check out some great posts.Cryptocurrency businesses can now use Bitcoin to purchase large chunks of data center space for their mining operations.Wholesale data center developer Server Farm Realty and colocation specialist C7 Data Centers each announced this week that they will accept customer payments in Bitcoin, the digital currency seeking to move from novelty status to payment platform.The two companies’ decision to accept Bitcoin is the latest signal that the data center industry sees an emerging opportunity in catering to the hosting needs of crypto miners, who typically seek high-density space with cheap power.C7 Data Centers, which is based in Salt Lake City, currently has about 4.5 megawatts of capacity dedicated to Bitcoin customers, according to CEO Wes Swenson.The company just brought an additional data hall online to accommodate the demand from Bitcoin-related firms, which includes miners, transaction processing firms and cryptocurrency startups.
“We have not announced that new data center yet, but it sold out within weeks of notifying interested customers,” said Swenson.“I anticipate more demand on top of the backorders we have.I would estimate that approximately 35 to 40 percent of worldwide Bitcoin mining will be originating out of C7 by the fall.” That type of demand makes it an easy decision to accept Bitcoin, as many Bitcoin-related businesses seek out vendors who accept the digital currency.“We saw no demand to pay in the currency a year ago, and now it comes up once a week,” said Swenson.“It’s easy to setup, and process, with the added bonus of low fees to do so.Compared to setting up a merchant account, Bitcoin is a snap.I can’t help but think ‘simpler is better’ when it comes to payment processing, so I have to believe (Bitcoin) adoption is going to grow rapidly.” C7 first became involved in Bitcoin with its sponsorship of the soon-to-be-released documentary “Life on Bitcoin.” Beccy Bingham, director of marketing at C7, lived and traveled the world on the digital currency with her husband for 101 days in 2013, while a film crew followed them on their journey.
The project has been profiled by the BBC, NPR and the Wall Street Journal.C7 offers colocation space, where customers typically lease cabinets or cages.Server Farm Realty specializes in wholesale data center space, where companies lease entire suites of space.Only a small number of cloud mining operations – most notably PeerNova (formerly CloudHashing) – lease wholesale data center space.The acceptance of Bitcoin for colo and wholesale space marks an expansion from its early acceptance by web hosting firms, which handle smaller requirements.More than 50 web hosts currently accept Bitcoin.Server Farm Realty operates a facility in Moses Lake, Washington, a site that will be of particular interest to Bitcoin mining operations because of the extremely cheap power available in central Washington.The area has become a hotbed of Bitcoin mining activity, serving as home to multi-megawatt facilities for MegaBigPower and HashPlex.“Server Farm continues to find ways to make it easy for companies to work with us,” said Avner Papouchado, CEO of Server Farm Realty.
“As one of the first data center owners and operators to accept Bitcoin as payment, our innovative approach to business, coupled with the leading-edge design, security and capabilities of our facilities, continue to differentiate Server Farm in the market.” Both C7 and Server Farm Realty said they will convert some of the Bitcoin they receive from customers into U.S.bitcoin hardware swedendollars, but will also hold some of their Bitcoin in anticipation that it will increase in price.bitcoin tuckerMany Bitcoin enthusiasts view the cryptocurrency as an investment, hoping it will approach the peak price of more than $1,200 from last November.zcash bitcoin forkThe value of Bitcoin has declined from that lofty goal, but recently rallied about 10 percent to reach about $565.anzahl bitcoin adressen
“I plan to exchange half of my Bitcoin payments into US currency, and harbor the other half,” said Swenson of C7.“I’m pretty confident in its eventual rise in currency valuation.I’m simply gauging the interest in customers that want to pay in Bitcoin, and it seems that acceptance is growing.” Server Farm Realty will also hold some Bitcoin, according to spokesperson Jeanne Matijasevic.bitcoin halving 2016“SFR believes in the Bitcoin market and is a long-term player,” she said.bitcoin brasiliaDo you want to mine Ethereum?Using an efficient Ethereum mining hardware will significantly reduce your electricity bills and cut down your costs.This article will help you learn more about the best Ethereum mining hardware.Table of ContentsWhat is a GPU Ethereum Miner?How can you find the best GPU and rig?Most efficient GPUs on saleRadeon R9 295X2Radeon R9 HD 7990Radeon RX 480Radeon RX 470Just Want Ethereum?Note: Before you get hardware make your you have Ethereum mining software, an Ether mining pool, and an Ethereum hardware wallet for secure storage of Ether.If you just want Ether then just buy Ethereum.
Mining has a lot of setup costs and some technical knowledge is required.In order to mine Ethereum, you will need specialized hardware known as graphics processing unit (GPU).Ethereum’s developers originally intended for it to be mined on computer CPUs but miners later discovered that GPUs gave them more hashing power.So, in the most simplest of terms: a GPU is a specialized Ethereum mining computer.Some GPUs have a higher hash rate than others, while some use more electric power as well.In choosing the most efficient GPU the most important thing is striking a balance between how powerful you want your rig to be and how much you are willing to spend on the GPU itself and the electricity.Many of these costs will vary by country.Is it cheap to buy GPUs in your country?Since most GPUs are sold on Amazon and eBay, if you live in a country where those retailers ship to then you will likely have an easier time getting the GPUs.Also, what is the cost of electricity in your country?Electricity costs are the deciding factor for most miners.
As we have seen with Bitcoin mining, miners in China, Iceland, and other places with cheap electricity have a huge advantage!Now that you understand the factors that make GPU rigs good, here is a list and brief description of the most efficient GPUs on sale.Note that the power costs per day numbers used below were based on the global average cost of electricity and the price of Ether on September 16, 2016.For more accurate estimates, use an Ethereum mining calculator and plug in your own numbers.The Radeon R9 295X2 has by far the highest hash rate (46.0 MH/s) of the Ethereum GPUs on the market and will cost you $600.It has a power cost per day of about $1.44, a return per day of about $1.61 and a cost per MH/s of $13.04.This gives a return per year of $586.43.A Radeon R9 HD 7990 will cost you $680.Its power cost per day is lower than the R9 295X2 at $1.08 but its hash rate is significantly lower at 36 MH/s.Its return per day is $1.29 while its cost per MH/s is $18.89, giving it a return per year of $469.40.The Radeon RX 480 is most arguably the most economical in terms of cost and saving electricity.