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$2.4M Texas home listing boasts built-in 5,786 sq ft data center
- htrp 2y agounclear why they couldn't have just done what normal people do and rented datacenter/warehouse space
- epoxyhockey 2y agoExcessive paranoia? The photos and pictures indicate it was a crypto mining facility.
- jollofricepeas 2y agoThis was clearly a shadow operation. There’s lots of them in Texas that are unregistered. Source: https://www.expressnews.com/business/article/texas-lawmakers-critical-bitcoin-miners-ercot-19513142.php https://www.expressnews.com/business/article/texas-lawmakers...
- GauntletWizard 2y agoThere are also a lot of Telcos building these sorts of buildings. Actually, having seen a video on this exact house[1], I'm pretty sure I've seen it before, too. "Built in the 90s by at+t" says the video. [1] https://youtu.be/p1tjyleNCbs https://youtu.be/p1tjyleNCbs
- abadpoli 2y agolol “shadow operation” what? This house was built before cryptocurrency was even a thing. It’s an old AT&T switching hub that was disguised as a house so as to not make it an eyesore in the middle of a neighborhood.
- rjsw 2y agoThere may have been a national security aspect to making it look like a normal house, bunkers have been disguised in a similar way [1] elsewhere. [1] https://en.wikipedia.org/wiki/ROTOR https://en.wikipedia.org/wiki/ROTOR
- nullbyte808 2y agoI would sell all tech inside and use the money to at least start a renovation and sell it as a fixer uppper. Whos gonna buy this?
- Isamu 2y agoWhat made Texas attractive to crypto mining? Maybe the heyday is over but why Texas?
- recursivecaveat 2y agoTexas has a disconnected power grid with a floating price model and a lot of cheap power from renewables. So my understanding is that electrical prices can, at least for parts of the day, dip much lower there than anywhere else in the country.
- deleted 2y ago[deleted]
- Apocryphon 2y agoAnd here I thought Houston was the city with no zoning laws
- rurban 2y agoIt is.
- ganeshkrishnan 2y agoIts a bit shocking that this was listed for less than $1M in 2019 (https://images1.loopnet.com/d2/2Vrc0SwjmdZElIikDsbDegOdsX10L_vChEFELVXsKUs/document.pdf https://images1.loopnet.com/d2/2Vrc0SwjmdZElIikDsbDegOdsX10L...) . In less than 5 years, price has more than doubled or roughly 25% each year. Apparently this was an AT&T data center.
- beaeglebeachedd 2y agoIf they financed $1M @3%, they're printing about 5% a year (negative 5% real interest). That's 1.5M free money in 30 years. So really they're just asking you to buy out their opportunity cost of the feds free wealth redistribution from property non-owners to owners circa COVID.
- nubinetwork 2y agoOf course it had to be for Bitcoin mining...
- Havoc 2y agoLooks like a wicked man cave. Not so sure about living there though
- samch 2y agoSort of like the water pumping station in Raleigh, NC: https://www.wunc.org/science-technology/2014-01-15/video-whats-inside-this-house-on-wade-avenue https://www.wunc.org/science-technology/2014-01-15/video-wha...
- hi-v-rocknroll 2y agoAs Texas houses go on average, that's expensive compared to the average of about $350k. In terms of Austin houses, that's cheap given there are $3M-$10M homes in the Bull Creek area. I'm putting a single rack mini DC in a backyard shed by adding a high SEER mini-split, massloaded vinyl, and a dedicated outward-swinging door. The trick is not going over 200 sq ft in most of Texas because that requires a permit in most areas. The thing with Texas though is high property taxes, where the costs for a $2.4M home could be more than $40k/year. SB2 does somewhat protect the elderly and disabled, but no one else, and still, the rates can be very high for them too. PS: It's a pretty fucking sweet DC that uses EF's SLICTanks quieter mineral oil cooling. They're a niche HPC shop that found new life in BTC mining, apparently.