Bitcoin Forum
April 24, 2024, 10:13:27 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Mining speculation / Re: if one has a million to spend.. what profits on: November 29, 2014, 02:48:03 AM
thanks guys..

I'll talk to the investor and see what he says about buying the coin..





I'm guessing your trolling.  But if you do have 1 million dollar client.... hire a consultant.


well guess all you want.. people have money, and a million isn't really special these days.

to clarify, no client.. me. 

is there such things as "bit coin consultants" or do they go under "cryptocurrency consultants" ?

I was all new to this so I like to do some digging myself before involving people, and getting charged high fees... how do you think I have this money... haha,

Thanks again guys.. I'm gonna watch the price charts for a while to see what happens, as someone suggested to invest in the coin itself which I will do if I feel it's not going to drop.. in the meanwhile I'm looking at other currency as who knows, it might blow up like bitcoinn as there is much more to be made with cheaper currency then higher priced currency ( my take )
2  Bitcoin / Mining speculation / Re: if one has a million to spend.. what profits on: November 24, 2014, 09:51:16 PM
thanks guys..

I'll talk to the investor and see what he says about buying the coin..



3  Bitcoin / Mining speculation / Re: if one has a million to spend.. what profits on: November 23, 2014, 05:18:28 AM
^ thank you guys..

no, I'm just a dude who thought I could make money... damn kicking myself as everyone is for not jumping sooner......

I guess my 2 hour thought out plan was to "hire" some MIT graduate who's tech savy and wanted 20% for all earning after payback was done, but it's seeming to be more overwhelming then I thought. I did not know it would need a staff... I was already suspicious wanting to "hire" guy and without the knowledge of all the programs and how bit coin even fully works... I am not sure I could trust a team of people not screwing me over when I wake up to find all the equipment taken and a big F U post it note on the screen... that is if they left a computer behind

I read an article of a guy who was in WA as was making 8 million a month?Huh not sure his whole costs and setups.. I took my numbers from someone who was running $4,700 in equipment and just sized it to 1 mill...

I know a master electrician who worked for a very very big company and he said it costs them 100k's to shut down power every 1 minute it was down.. so I'm sure he's covered in that much juice, as I know he helps people do very very large scale power consumption setups

well thank you guys, looks to be more then I could handle right now, but I'll keep it in my mind as I thought this could be a two guy operation sleeping in the warehouse for a couple years, but doesn't seem to be the case fully.


thanks again



4  Bitcoin / Mining speculation / if one has a million to spend.. what profits on: November 22, 2014, 07:00:37 PM
Hi guys,

if someone had a million to spend, say 900k in hardware, 100k on warehouse / electrician / fans - ventilation .. some questions:

-estimate of income per month?

-estimate of how long it would take to pay back 900k?

-estimate how long it would take to setup and get running / install / hook up?


I was assuming a return of 8k a day, so 240k a month??? sound about right of an average Huh?? this is also assuming it can be setup in the middle of nowhere with the state's cheapest commercial power rates..



Thanks guys



Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!