Monthly Archives: May 2018

Iceland – land of cascades and volcanoes, November 2017.

Iceland is a small, cool northern island between Greenland and Scandinavia. It is pretty famous about its beautiful natural conditions. Here can be found the Blue Lagoon, which is one of the most famous place of nature and sight in the world.
The whole island is of volcanic origin and it is full of still active volcanoes, geysers, cascades and wonderful national parks. The cool and somber weather of the island is favorable not only to the northern vegetation, but it ensures proper conditions to the running of server parks.

Surprisingly the prices of Iceland are like the high prices of Sweden or Norway, everything costs many times higher than in Central Europe, except the energy supply, mostly the industrial current, which counts really cheap. The reasons of it can be found in the local water plants and the usage of geothermic energy.

In case we would like to run a bitcoin mining server park, exactly these two point of views are the most important: cool or rather cold weather, since we have to devote less energy to the cooling of the servers like this and cheap energy supply.

In the gloomy weather of November we spent some days in Iceland and besides the beautiful natural treasures and sights we visited one of the great server parks of the world, where processors are working twenty-four hours a day, and continuously producing the most popular cryptocurrency of the day. The park was placed in a former NATO military structure, which resembles to a big industrial hall and it has strong security regulations.
A huge fence protects the building, at its gate there is a barrier, a video camera and an access control system. Furthermore, security guards protect the hall from unauthorized entry, which is quite understandable, for the value of the computers there could be measured in several hundred million forints. After we could pass all the security control we had the chance of taking photos of both the hall and of the Antminer typed mining machines. Inside there were enormous shelf systems in big blocks. The size of a block is like of a bigger container’s, where server machines connected to each other and to the power sources lined in 12 shelves high. The bigger blocks were next to each other and a black board shown their number on their tops. We looked around for a long time next to No. 19. Ventilation was secured by giant tubes and fans on the ceiling of the hall, which could easily blow the caps off our heads. The sides of the hall were covered by a material supported with a thick dust filter. There was a big noise in the server park, because of the humming of the machines and the ventilation system. It is no good to be there for a long time because of it and of the significant electro smog due to the machines.

We have got a great experience thanks to our visit in Iceland. When we can see such a park from the inside with our own eyes, hear the performance of the machines with our own ears, and live through personally the walk amongst instruments worth some hundred millions of forints, it is a definitely memorable event. We had such a great belief in the world of cryptocurrencies until then, as one of the definitive directions of the future, and this visit just strengthened it. We recommend everyone to visit some time in one of these “money factories” if it is possible.

If you would like to know more about this mining company or just interested in bitcoin as an investment, contact us, please. Our experts are waiting for your call.

China – Crypto-empire, January 2018.

The Chinese empire is known from many sides, temples of the time of the emperorship, communist buildings from the Mao-era or skyscrapers of the recent capitalist age.

Besides of all of these today it is the empire of the crypto-world as well, since here can be found the biggest hardware producers and the most mining server park is also in China. Moreover plenty of crypto stock markets are working in the country, because a really big number of people are interested in the world of digital money.

The cool weather of the mountainsides of the Himalayas is not only favorable to the beautiful landscape and vegetation, but it has proper conditions for the running of server parks. Besides it the sunshine and the rivers hiding among the mountains ensure a really cost-effective power supply and the cooling of the server parks. Moreover since for those who purchase mining machines in great amount, the shipping of them (costs, customs duty, taxes etc.) is also very important, so it is obvious that the machines of big Chinese units would be operated according to the most optimal costs. That is why many mining companies do not take their machines away, but look for an optimal place for them within China.

We arrived after an almost one day long travel through Beijing to the city of Chengdu, which is situated in Sichuan province, south of the capital, at the foot of the Himalayas. It is a typical Chinese metropolis, many cars, plenty of people, smog and high buildings. The city is known mostly of its cuisine. From there we could get to the server park after a five-hour long car drive. It meant motorway at first, then a normal express road, after it village roads and finally we reached our destination on a dirt road. The landscape is beautiful, we travelled across big tea plantations and bamboo forests. The server park itself is situated in an area, where one could not think computers can be found there, since goats graze and lumbermen work in the neighborhood.

The building was protected by a high fence. Behind it processors were running in three huge halls. Inside the halls there are giant, twelve-story shelf structures, on which server machines worth together euro millions were working continuously. Under the ceiling of the hall enormous fans ensured the ventilation. Next to them, on the sides of the hangars water-cooled panels helped the cooling, which got their supply from the river lies in the valley. There was a big noise in the server park because of the humming of machines and the working of the ventilation system. It is no good to be there for a long time because of it and of the significant electro smog due to the machines.

Our visit to China was a really great experience for us. When we can see such a park from the inside with our own eyes, hear the performance of the machines with our own ears, and live through personally the walk amongst instruments worth some hundred millions of forints, it is a definitely memorable event. We had such a great belief in the world of cryptocurrencies until then, as one of the definitive directions of the future, and this visit, just like the former one, only strengthened it. We recommend everyone to visit some time in one of these “money factories” if it is possible.

If you would like to know more about this mining company or just interested in bitcoin as an investment, contact us, please. Our experts are waiting for your call.