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Your envelope is more inflated than bitcoin itself. I am a miner, and i was a miner back in 2011. One of my rigs right now uses 923W with 6 high end graphics cards. That rig costs me ~$3/day * 365 = $1095.

Do you really think you can hide the amount of heat from anyone - my rigs are basically a furnace - and in 2011, I think I could probably melt steel =P The guy may have had a few cards in there, but $20k is absurd.

Well, he said a lot of graphics cards. I plugged in 20 at 1kwh each. Trying to charitably interpret OP's tone of outrage, which seemed misplaced to me.

I'd say $2000 would seem more likely, assuming it's some monster thing that draws 2KW when running flat out. 1 watt-year in the US costs around $0.75-$2.

You need a new envelope. One server does not pull $20k worth of electricity a year.