ASIC HARDWARE & PROFESSIONAL HOSTING / MININGVAULT.CA

UNDERSTAND YOUR QUOTE

ASIC hosting: which fees should you check before signing?

Two offers with the same electricity rate may cover different services. Ask for an itemized cost breakdown and operating terms to make a useful comparison.

The energy rate and billing basis

Ask whether billing uses measured consumption, nominal power or a fixed allowance. Confirm the billing period and how downtime is handled. A monthly estimate should state its assumptions.

Note the rate’s currency and the invoice currency. If they differ, ask which exchange rate applies and when it is determined. Applicable taxes should also be clarified in the offer.

The cost checklist to request

ItemQuestion to ask
EnergyWhich rate, currency and measurement method?
CoolingIs it included, charged as a percentage or billed separately?
ManagementWhat is charged per miner and which services are covered?
SetupAre receiving, configuration and testing included?
DepositWhat amount, purpose and refund conditions apply?
RepairsWho authorizes and pays for parts, labour and transport?
RemovalWhat are the charges and timelines to retrieve equipment?

Make an equivalent calculation

For a hypothetical 3.5 kW miner, an uninterrupted 30-day month represents 2,520 kWh: 3.5 × 24 × 30. Apply the electricity rate to that amount, then add cooling and management charges using their stated calculation method.

Separate recurring charges from initial fees. Show the deposit separately, since its treatment depends on the agreement. Use the same duration, consumption and currency to compare offers.

Check the operating terms

  • Contract duration and renewal terms.
  • Monitoring access and incident reporting procedure.
  • Treatment of maintenance, outages and repairs.
  • Control of the pool and receiving addresses.
  • Cancellation, equipment retrieval and shipping terms.

Get an answer that fits your hardware

Include exact models, quantity and timeline for a more useful assessment. Identify used equipment, known modifications and any repairs that may be needed.

Retain a copy of the agreed terms. If an item is missing or unclear, have it specified in writing before accepting. Compare services and responsibilities alongside the energy rate.

LET’S MOVE YOUR PROJECT FORWARD

Your next machine starts here.

Tell us what you have in mind. We’ll help you find the right hardware and solution.

Your request concerns: Hosting costs explained

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