Running GPUs/Rigs on Rent ?

[onefinecoin]

Hello Crypto Miners !

I live at a place where electricity is extremely cheap, almost free. I have just one personal rig with 4 cards running already.

I was thinking what if I could run GPUs or rigs for other miners - miners living in countries with expensive electricity, it could be a good deal for them as well as for me.

I wanted ideas over how could this be priced, as I will not be using any sophisticated software to manage Hashpower and sell it on a per hash / hour basis. So what other options could I have ? and how would I be able to build trust ? Do you know anyone who is doing this ?

Do you think this could work in a profitable manner ? All comments & suggestions are welcome !

[xhomerx10]

Hello Crypto Miners !

I live at a place where electricity is extremely cheap, almost free. I have just one personal rig with 4 cards running already.

I was thinking what if I could run GPUs or rigs for other miners - miners living in countries with expensive electricity, it could be a good deal for them as well as for me.

I wanted ideas over how could this be priced, as I will not be using any sophisticated software to manage Hashpower and sell it on a per hash / hour basis. So what other options could I have ? and how would I be able to build trust ? Do you know anyone who is doing this ?

Do you think this could work in a profitable manner ? All comments & suggestions are welcome !

 How would you deal with import taxes?  That could be the deal breaker.  Paying for shipping and import taxes might negate the benefit of lower cost electricity.

[eckmar]

Hello Crypto Miners !

I live at a place where electricity is extremely cheap, almost free. I have just one personal rig with 4 cards running already.

I was thinking what if I could run GPUs or rigs for other miners - miners living in countries with expensive electricity, it could be a good deal for them as well as for me.

I wanted ideas over how could this be priced, as I will not be using any sophisticated software to manage Hashpower and sell it on a per hash / hour basis. So what other options could I have ? and how would I be able to build trust ? Do you know anyone who is doing this ?

Do you think this could work in a profitable manner ? All comments & suggestions are welcome !

I don't think you would be able to do that at this point. There were a lot of scams with cloud mining (i know its not the same) and people just lost their trust to put their investment into someone's else hands.

[adaseb]

Just buy your own GPUs and mine yourself. Better for both parties.

[onefinecoin]

Hello Crypto Miners !

I live at a place where electricity is extremely cheap, almost free. I have just one personal rig with 4 cards running already.

I was thinking what if I could run GPUs or rigs for other miners - miners living in countries with expensive electricity, it could be a good deal for them as well as for me.

I wanted ideas over how could this be priced, as I will not be using any sophisticated software to manage Hashpower and sell it on a per hash / hour basis. So what other options could I have ? and how would I be able to build trust ? Do you know anyone who is doing this ?

Do you think this could work in a profitable manner ? All comments & suggestions are welcome !

I don't think you would be able to do that at this point. There were a lot of scams with cloud mining (i know its not the same) and people just lost their trust to put their investment into someone's else hands.

Well my plan is to buy the GPU myself, fixing a price for it. For example at the moment I am very happy with how GTX 1060 3 GB card is performing compared to its price. So I could provide the option to own a Card in the RIG, each card could mine directly to owners address.

[AmoreJaz]

i would have to say... if that is your idea and your convinced that it will work then try it! who know right?
many people have had the same thoughts and as said before many and even more have lost money putting their funds and or hardware in hands of others! professional or not it has no difference and for the users of your services i hope only the best

[eckmar]

Hello Crypto Miners !

I live at a place where electricity is extremely cheap, almost free. I have just one personal rig with 4 cards running already.

I was thinking what if I could run GPUs or rigs for other miners - miners living in countries with expensive electricity, it could be a good deal for them as well as for me.

I wanted ideas over how could this be priced, as I will not be using any sophisticated software to manage Hashpower and sell it on a per hash / hour basis. So what other options could I have ? and how would I be able to build trust ? Do you know anyone who is doing this ?

Do you think this could work in a profitable manner ? All comments & suggestions are welcome !

I don't think you would be able to do that at this point. There were a lot of scams with cloud mining (i know its not the same) and people just lost their trust to put their investment into someone's else hands.

Well my plan is to buy the GPU myself, fixing a price for it. For example at the moment I am very happy with how GTX 1060 3 GB card is performing compared to its price. So I could provide the option to own a Card in the RIG, each card could mine directly to owners address.

I understsand your idea, but you have to understand that you are not the first one to think of that. Even if you don't want to scam anyone, a lot of people did with same method, that is the reason why it won't work. You can't get them to trust you after those scandals about cloud mining...

[onefinecoin]

Yes I realized that. So I have decided to focus on local people 1st who know me and can see the rigs in person !

[ujang1]

Yes I realized that. So I have decided to focus on local people 1st who know me and can see the rigs in person !

I know that in countries where free electricity, mining is criminal offense. Recently this situation has been in Venezuela, several people accused of stealing electricity. Be careful with this.