Bitcoin Forum

I'm looking to invest 30k+ into a mini rig, maybe even go larger for the right opportunity. The reason I'm not doing this myself is because I'm in an area where electricity is about 3x as expensive as where many of you folks reside and I will likely be traveling again for the foreseeable future . I also do not know much about the ins and outs of mining. I do however have significant capital and for the right opportunity I will invest.

Here is what I am looking for:

A reason to trust you
A hands off relationship - I fund the opp, you run it
Evidence of your existing mining rig/ operations/ profit schedule
Projections of asic + difficulty effects on returns over the next year +

If this sounds interesting, PM me or reply here.

Thanks

Wyh dont you rent fpgas with some of the suppliers here at the forum? They run them and you get the money. But i wonder if it makes sense to rent fpga now, when asics will be out soon.
Asicminer for example thinks that in 21 days they probably will have the first asics running. So fpgas will be worthless soon. Nearly.

Check out my thread here: https://bitcointalk.org/index.php?topic=110772.0

I've been looking for an investor for a while now. I'm in a very good position to mine on a large scale, but I'm lacking the funds. PM me and we can talk a little more.

@Lebing
I live in an area that has cheap electricity and very good internet service. Since I am a business owner I get to come and go as I please, so maintaining my operation is easy for me to stay on top of if any problems arise. I can give you realistic projections and will be straight up with you if you are interested, pm me. Thanks

@Lebing, I've sent you a PM, did you see it ?

got about 10ghs running now, got about 1/2 T on order, so hosting another T shouldn't be a problem. cheap electricity and good access to internet 22 down /7.5 up . Lemme know what you think. I am on east coast, if it makes a diff.

Boy are you asking to get ripped off somehow. I  hope you dont.

what will you do if ASIC's turn out to be a SCAM?

:/

I suggest you speak to one of the existing large miners first to see what they offer.

I'd be willing to run it for you. My existing gpu/fpga farm is just over 25gh/s. I've already got about 250gh/s in BFL upgrades ordered. I'm making plans for drop between 20k and 50k on asic rigs once they've started shipping. You can have the same deal I'm doing for everyone parking hardware with me (mostly my extended family).

I'll run it for 10% of whatever it earns - I'd expect you'd want some sort of contract, which is what I'd advise as well. For your 10% you get me managing the mining side of it, handling pools (if needed) keeping everything running and routine cleaning & cooling of the equipment. I'll cover electric (only 11 cent per kwh here). But I'd insist on the right to close up shop and return your hardware if I feel it's unworkable (for whatever reason).

What is that supposed to mean?

Have a look at Havelock Investments. They've earned a good reputatation, and do things somewhat differently from a typical mining operation. By constantly re-investing part of profits to expand the capacity, they correct for difficulty increase.