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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: forexhercules on March 01, 2018, 04:50:04 AM



Title: I started my small farm in Egypt
Post by: forexhercules on March 01, 2018, 04:50:04 AM
Hello,
Electricity in Egypt is very cheap. You pick a building under construction and apply for fixed electricity around 120 us dollars monthly no matter how much you consume, I will provide photos later.

I can only buy GPUS here. Currently i have those:
1080ti * 5
980ti   * 5
1080   * 2
1070   *1

More cards will be added soon. I plan to have 10 rigs

You should consider mining in Egypt guys. You can even install air conditioner which i already have two of them installed.


Title: Re: I started my small farm in Egypt
Post by: randomduck on March 01, 2018, 11:06:51 AM
Why Egypt? Isnt keeping your farm cool going to be a major problem??


Title: Re: I started my small farm in Egypt
Post by: forexhercules on March 01, 2018, 12:20:16 PM
How much did it cost ?

3 rigs for now. The third one has only one gpu and will be continued.
around 12,000.00 $ till now.

My goal is to build 10 Rigs.


Title: Re: I started my small farm in Egypt
Post by: forexhercules on March 01, 2018, 12:28:27 PM
Why Egypt? Isnt keeping your farm cool going to be a major problem??

All cards are with 3 fans working at 40 % till now. Temperature is below 70 c for gpus. in the next month i will start the air conditioning to keep it around this.

why egypt? there is something wrong in electricity here. If you have a building under construction ( It take many years for buildings here to be available for housing because the whole country is investing in real estate) you can apply for fixed electricity of 2150 EGP monthly no matter how much you consume.

i will provide photos next week.


Title: Re: I started my small farm in Egypt
Post by: forexhercules on March 01, 2018, 06:33:17 PM
Good job! But where are you from? Did you moved in Egypt only because low price for electricity or you are the citizen of egypt?

I live in Egypt. But i found this flow in the system here. You can consume what you want for fixed price of 2150 EGP or around 150 $


Title: Re: I started my small farm in Egypt
Post by: dhouse on March 01, 2018, 09:15:03 PM
Good luck, just hope that the electricity company doesn't deny you electricity if they the consumption is excessive


Title: Re: I started my small farm in Egypt
Post by: nsummy on March 01, 2018, 09:51:11 PM
Where do you put the equipment?  Does the builder give you a room also?  I can't imagine that someone constructing a building gives you space for free.


Title: Re: I started my small farm in Egypt
Post by: Metroid on March 01, 2018, 10:12:08 PM
Good luck, just hope that the electricity company doesn't deny you electricity if they the consumption is excessive

It will be okay if only few people do, problem will be if many in the same area or city start doing it. In china electricity was free in  some counties, reason why many Chinese could sell bitcoin cheaper than Europeans or Americans, same will happen to egypt and other places.


Title: Re: I started my small farm in Egypt
Post by: Agozyen on March 02, 2018, 03:26:47 AM
Hello,
Electricity in Egypt is very cheap. You pick a building under construction and apply for fixed electricity around 120 us dollars monthly no matter how much you consume, I will provide photos later.

I can only buy GPUS here. Currently i have those:
1080ti * 5
980ti   * 5
1080   * 2
1070   *1

More cards will be added soon. I plan to have 10 rigs

You should consider mining in Egypt guys. You can even install air conditioner which i already have two of them installed.

Congratulations!  What coins are you mining?  With an electrical rate that low you stand to make some excellent profit.  This may sound like a stupid question, but since they charge a flat-rate for electricity do they still use electrical meters to measure how much electricity you consume?


Title: Re: I started my small farm in Egypt
Post by: forexhercules on March 02, 2018, 05:35:20 AM
Hello,
Electricity in Egypt is very cheap. You pick a building under construction and apply for fixed electricity around 120 us dollars monthly no matter how much you consume, I will provide photos later.

I can only buy GPUS here. Currently i have those:
1080ti * 5
980ti   * 5
1080   * 2
1070   *1

More cards will be added soon. I plan to have 10 rigs

You should consider mining in Egypt guys. You can even install air conditioner which i already have two of them installed.

Congratulations!  What coins are you mining?  With an electrical rate that low you stand to make some excellent profit.  This may sound like a stupid question, but since they charge a flat-rate for electricity do they still use electrical meters to measure how much electricity you consume?

they measure electricity on living with meters. there is special case when you have the house under construction. I mine vertcoin. if you have any other coin profitable, please let me know


Title: Re: I started my small farm in Egypt
Post by: nc50lc on March 02, 2018, 05:39:13 AM
Why Egypt? Isnt keeping your farm cool going to be a major problem??

All cards are with 3 fans working at 40 % till now. Temperature is below 70 c for gpus. in the next month i will start the air conditioning to keep it around this.

why egypt? there is something wrong in electricity here. If you have a building under construction ( It take many years for buildings here to be available for housing because the whole country is investing in real estate) you can apply for fixed electricity of 2150 EGP monthly no matter how much you consume.

i will provide photos next week.
Fixed rate power bill for an under-construction building sounds nice but something like this might not last if more people will misuse it.
There's really something wrong with them, is their electric service provider private?

Using unlimited unwatched power supply to power two ACs, whoa :o Just take care and watch the air's humidity.


Title: Re: I started my small farm in Egypt
Post by: jwaite662 on March 02, 2018, 05:53:53 AM
So how much is you kilowatt consumption every bill?


Title: Re: I started my small farm in Egypt
Post by: theodrim on March 02, 2018, 06:05:18 AM
Isn't there excess amount of dust and other particles because of undergoing construction? Or do you have some isolated area with air filters? Also, what's the situation with electrical wiring and outlets?


Title: Re: I started my small farm in Egypt
Post by: Metroid on March 02, 2018, 07:25:20 AM
they measure electricity on living with meters. there is special case when you have the house under construction. I mine vertcoin. if you have any other coin profitable, please let me know

So I guess that house will be under construction forever ehhe


Title: Re: I started my small farm in Egypt
Post by: CryptoSlappy on March 02, 2018, 08:07:57 AM
Good luck on your new farm! Sounds like you got a good thing going with some low electrical costs. I heard that some gpu parts are more expensives in some parts of the world such as India, has that been a problem for people in Egypt?


Title: Re: I started my small farm in Egypt
Post by: hummer113 on March 02, 2018, 09:16:54 AM
Good luck on your new farm! Sounds like you got a good thing going with some low electrical costs. I heard that some gpu parts are more expensives in some parts of the world such as India, has that been a problem for people in Egypt?

in my opinion this problem is now relevant around the world ? though of course in some countries the prices are crazy


Title: Re: I started my small farm in Egypt
Post by: hack4love on March 02, 2018, 11:23:11 AM
Are you egyptian  or USA citizen  and who told you to pay 120 $  that's alot of money  you mean for year  ;D


Title: Re: I started my small farm in Egypt
Post by: Metroid on March 02, 2018, 06:00:44 PM
It is funny how things change due to greedy bastards over using electricity and creating farms and so on and telling everything to over-takers and then the overtakers having a reason to charge more for the electricity, many places in China electricity was free, now they charge a lot, Iceland used to have one of the lowest electricity price till bitcoin farmers went there, used to be $0.03 and now $0.11 and many other places. In the end who pays the oversuing of you mindless greedy bastards are the people. So rethink about your evil methods cause if not then one day you will be going through the same things you are doing to the people who have nothing to do with your greedy minds.

Now soon the Egyptian government will start beheading miners just like the Venezuela government.