Bitcoin Forum

I want to know your oppinion for an idea of a mining farm where everyone can participate. Not as a customer like e.g. Genesis mining or hashnest. But as an Investor.

1. A coin/token is generated for the Investors
2. A Company is founded in a state where the regulations for protecting Investors are strict. The Company has stated in his constitution and statutes that the earnings are distributed to token holders
3. Investors investing and getting these Tokens in return. The Major part of the Tokens are sold to the Investors. The Company founders get only some Tokens for their work.
4. The Company is buying miners and locate them to some housing Partners who already were choosen.
5. 3 months after the Investment, the Company starts distributing the complete earnings (maybe later 10-20% are held back for new miner Hardware in order to Keep up with the time) to the tokenholders
6. Step 5 is now regularly (monthly Basis)

If the Project has some Partners that colocate the miners and maybe a Location where they later could build an own dataprocessing Center, this should lead to a constant income.

The mining farm should not only mine BTC (and maybe BCH). So, different miner types are used.

Do you think that this could be a good idea?

This is a good idea but hosting should be done by the same company and not by any another partner company I myself was thinking on the same the same project and hosting should be done in China or in Iceland I am all in for this project

what do you think of www.803mine.com I believe this is pretty much what you are talking about.

The idea is good, but not feasible. Firstly, I doubt that investors will want to invest in strangers. Secondly it is only the intention which do not have accurate calculations. Investors do not like uncertainty. You still need a lot of work on their business project.