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How do we build our Bitcoin mining containers?

Bitcoin mining is the process of creating new digital “coins” of the Bitcoin cryptocurrency. This is done by verifying the transactions in the Bitcoin network, and this reward of new coins acts as an incentive to process the transactions on the decentralized network.

The transactions are all encrypted with powerful equations to protect Bitcoin from ever being stolen, making them the most secure form of currency in history. Because of the complex nature of the equations, purpose-built Bitcoin mining devices are needed to solve mathematical problems. Solving the problems is called “hashing.”

Over the last two years, the total hash rate across the global network (or “Blockchain”) has grown exponentially. Technological shifts (like moving from GPU-based mining to ASIC-based mining) have increased global power, and Bitcoin demand has grown in tandem.

Source: https://www.ft.com/ Cambridge Bitcoin Electricity Consumption index
As a result, the growth in the Bitcoin mining hashrate has reached over 250% annually for the last two years.

How to Model Bitcoin Mining on Energy Efficiency

The more Bitcoin mining happens, the more electrical power is needed to feed it. Opponents of cryptocurrency have called the energy requirements a serious defect. The mining and technology industries supporting Bitcoin miners, however, have answered the energy demand with improved solutions.

The power supporting the current Bitcoin network was recently estimated to be 129 terawatt-hours (TWh). That’s more than 1,700% of what Google consumes. 

Designing an efficient mining farm container became the new focus for Bitcoin miners to gain a competitive edge (and help save the world while they were at it).

Miners’ incentives for modeling greater energy efficiency are many: 

  1. Power is expensive, and miners who use less for the same hashrate will create bigger margins.
  2. Bitcoin mining power needs aren’t always something local grids can support, either.
  3. Public perception is central to greater cryptocurrency adoption, too, and if the Bitcoin mining industry invests in green energy, it will benefit their own bottom line and the community that sees benefits in supporting them.

The efficiencies that today’s Bitcoin miners seek to optimize include: 

  • Better use of energy for cooling equipment
  • More powerful computers for faster hashrates
  • Better mining farms for optimal computational environments

It’s this last point that interests us most. Computers will run better in an environment designed specifically to support them. These heavy-duty machines won’t run optimally if they’re stacked in some server room somewhere with deregulated temperatures and electrical problems.

Building mining farms on-site inside facilities also takes away the cost control miners have when sourcing their own electricity.

What is a Bitcoin mining container?

Bitcoin mining containers are a kind of Bitcoin mining farm, and a Bitcoin mining farm is any space where Bitcoin mining equipment is used. That could even be a server room or someone’s garage.

Bitcoin mining farms and mining containers have been terms used interchangeably by some, but the competition in cryptocurrency mining today demands a closer look. A Bitcoin mining container is specifically a mobile data center built in a shipping container-like unit.

Bitcoin mining containers have become the new industry norm. They’re purpose-built spaces with complex structures to support engineering needs and optimal performance. 

Types of Mobile Data Centers

The original Bitcoin data centers imitated Google’s and Facebook’s “open approach” to server hardware. 

In those original iterations, Bitcoin data centers used actual shipping containers. They were retrofitted to support a set number of mining computers installed with all the fans and cooling systems needed to keep the machines from overheating.

Datacenter temperature is one of the biggest engineering considerations for any mobile mining container. The sophisticated computers inside run 24/7 and can easily overheat. If they overheat, they shut down; and if they shut down, sometimes they can damage the electrical port they’re on, which in turn damages any other machines on the same port.

The electrical setup, as it turns out, is one of the biggest challenges to designing an efficient mobile data center. The data centers currently in production are much newer than the electrical component industry supporting them, meaning there are no successful models to build from. This makes it hard to source the necessary components since the electrical industry never had this kind of demand before.

Bitcoin mining has changed the landscape of almost every industry it’s touched. The market is responding fast.

Types of BTC Portable Mining Farms

There are three principal types of portable mining farms:

Source: www.tech-news.websawa.com
1. Server rooms – Whether in someone’s garage or occupying the whole floor of a skyscraper, any Bitcoin mining farm set in a fixed location is considered a “server room.”

 

2. Bitcoin containers – The earliest iterations of mobile data centers were the shipping containers retrofitted for Bitcoin mining. 

Source: https://kontena.eu/

These are still considered a relatively professional solution, however, the manufacturing differences between dedicated containers designed for mining versus retrofitted shipping containers have drawn a line in the sand that few miners are willing to ignore.

3. Mobile data centers – The mobile data centers designed from the ground up for high-power computation are the third and most competitive type of mining farm. This Bitcoin container architecture includes more sophisticated cooling systems and is built with special walls and insulation.

EZ Smart Box mobile data center

The capacity of a mobile data center versus a retrofitted container is where performance really starts to deviate. How many miners should a container hold? 

EZ Blockchain, for example, installs twice the number of data ports in our mobile crypto containers that container retrofitters do. This is what allows the EZ Smartbox to reach better energy efficiency and avoid crashes.

Not all mobile mining centers are created equal. For clients interested in self-regulated and efficient Bitcoin mining farms, the mobile data centers designed for Bitcoin will be the option with the fastest and biggest ROI.

EZ Blockchain Bitcoin Mining Container

EZ Blockchain’s mining-specific design, the Smartbox, has evolved through multiple iterations.

When we first asked ourselves how to build a Bitcoin mining farm, we started with retrofitted containers. This design was short-lived. Temperature control was not realistic, meaning Bitcoin mining farms in USA geography would be limited to mild-weather climates.

This was not viable.

It was three iterations of the EZ Blockchain Smartbox that got us to the current iteration. 

If you’re asking how long does it take or how to set up a Bitcoin mining farm, contracting the right manufacturer is what makes the difference. The answer will vary depending on the company and its experience.

Operationally, here’s how to roll out your own small or medium Bitcoin mining farm: 

  1. Start with a shift in thinking. For businesses like oil and gas producers (OAGs) that are faced with greater stranded energy problems year after year, a mobile data center is the one solution they can easily implement. Other industries are now ready to “see the light” and visualize Bitcoin mining as a new revenue stream.
  2. Contact Bitcoin mining container manufacturers and be ready to compare. How many ports does the unit use? Is the unit retrofitted or an original design? Are miners, space, cooling, and bandwidth all included?
  3. Install your mobile data center. If you work with the right crypto mining box manufacturer, your data center installation should be as simple as opening the door. The right manufacturer will come and install the unit with all systems included. 

Cost of Bitcoin Mining Containers

The cost of Bitcoin mining containers evolved with the iterations of the containers themselves. 

In the case of EZ Blockchain’s Smartbox, we’ve found new and more efficient ways to engineer the shelves, the incoming air systems, the cooling systems, and the materials used for the containers. 

The electrical system, for example, is now on the outside of the data centers, giving them a characteristic and recognizable look no matter where they’re installed.

The resulting operational improvements have impacted our clients and set new industry standards as a result. 

The current time required to build a three-megawatt Smartbox is 8-12 weeks. The essential electrical components take the longest to source because the electrical industry is just now catching up to new demand from Bitcoin mining.

The energy ports for EZ Smartboxes, take time to source as well, especially since our mobile data centers have twice the number of ports of any other mobile mining crypto container. This protects machines from the failure of anyone computer.

EZ Blockchain has the capacity to build 10 of these three-megawatt containers each month. The lights are always on at the manufacturing facility, where factory teams work round the clock.

The cost of an EZ Smartbox runs $80-85 per kilowatt of the finished box capacity.

EZ Blockchain Bitcoin Mining Services

Comparing the efficiency of a mobile data center with that of a retrofitted container—or even an on-site mining server room—leaves no doubt: investing in a Bitcoin mining farm for sale with the design and components already accounted for is the fastest way to ROI. It’s also the most sustainable way.

The infamous “weakness” of Bitcoin mining is its growing energy requirement. That same “weakness” has also lead to one of EZ Blockchain’s most influential innovations and services: gas crypto mining

Specifically, OAG companies are burdened with systemic challenges like stranded natural gas. Now, they can employ mobile data centers in what EZ Blockchain calls the Smartgrid. This has turned Bitcoin mining’s need for more energy into an asset for miners and for OAGs previously forced to waste fuels.

EZ Smartgrid

EZ Smartboxes are for sale for other mining operations, too, not just in the OAG industry. All boxes come equipped and ready for plug-and-play Bitcoin mining. 

Read more about EZ Blockchain or get in touch with us today.

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