marra (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2017, 10:02:39 AM |
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Hi,
I have investors with $2 million they would like to spend on ASIC machines. Does anyone have any contact from sales in Bitmain or Bitfury? Or any other company that would be interested in this OTC trade.
Thanks
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$1 = 1 satoshi ☰☱☲☳☷☷☳☲☰☰☱☲☳☷☳☲☰☰☱☲☲☳☷☷☳☲☳☱☷☷☳☲☰☰☰☰☲☳☳ ☳☲☰☰☱☲☳☷☷☳☲☰☰☱☲☳☲☳☷☷☳☳☳☲☰☰☱☲☲☳☷☷☳☳☲☰☰☱☲☲☳☷☷☳☰☱☲☳
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d57heinz
Legendary
Offline
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2017, 10:36:21 AM |
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Hi,
I have investors with $2 million they would like to spend on ASIC machines. Does anyone have any contact from sales in Bitmain or Bitfury? Or any other company that would be interested in this OTC trade.
Thanks
Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins. Checkout coinmarketcap and really do your research. I can’t stress this enough. I can tell you haven’t done enough because your still looking to buy machines. BR
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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marra (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2017, 10:39:33 AM |
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Hi,
I have investors with $2 million they would like to spend on ASIC machines. Does anyone have any contact from sales in Bitmain or Bitfury? Or any other company that would be interested in this OTC trade.
Thanks
Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins. BR I agree that HODL is better strategy, but investors are running cloud mining services and therefore need more machines.
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$1 = 1 satoshi ☰☱☲☳☷☷☳☲☰☰☱☲☳☷☳☲☰☰☱☲☲☳☷☷☳☲☳☱☷☷☳☲☰☰☰☰☲☳☳ ☳☲☰☰☱☲☳☷☷☳☲☰☰☱☲☳☲☳☷☷☳☳☳☲☰☰☱☲☲☳☷☷☳☳☲☰☰☱☲☲☳☷☷☳☰☱☲☳
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fanatic26
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2017, 05:36:49 PM |
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Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins.
Checkout coinmarketcap and really do your research. I can’t stress this enough. I can tell you haven’t done enough because your still looking to buy machines.
BR
You should throw all of this 'advice' away. People that think just buying coins and hodling dont really understand how this game works. $2 million worth of s9s right now is about 1250 machines after buying PSUs. 1250 machines @ 13.5th = 16.875ph 16.875ph is worth roughly $50k per day. Calculate power at $0.06/kwh the daily profit is $42.8k $48.2k x 365 = $15.62 million per year. Obviously there is other operational costs involved so say 20% goes to that, leaving $12.5 million in profit for the year. Buying and hodling $2 mil in coins means the price needs to go up over 6x in one year to make the same profit. Then you consider the fact that the hardware will be printing money for you for AT LEAST another 2 years at zero additional cost, the fact that the hardware has a strong resale value when you do decide to upgrade, and the fact that the coins you receive from mining will appreciate just as fast as the coins you would have just purchased with cash. Why would anyone choose to just buy and hodl while leaving millions of dollars on the table? Yes the profitability is not a static number, these numbers are just to be used as a general example. If btc continues to rise faster than the network difficulty you will actually profit more than what I have shown with some basic back of the napkin math.
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Stop buying industrial miners, running them at home, and then complaining about the noise.
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d57heinz
Legendary
Offline
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2017, 06:10:46 PM |
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Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins.
Checkout coinmarketcap and really do your research. I can’t stress this enough. I can tell you haven’t done enough because your still looking to buy machines.
BR
You should throw all of this 'advice' away. People that think just buying coins and hodling dont really understand how this game works. $2 million worth of s9s right now is about 1250 machines after buying PSUs. 1250 machines @ 13.5th = 16.875ph 16.875ph is worth roughly $50k per day. Calculate power at $0.06/kwh the daily profit is $42.8k $48.2k x 365 = $15.62 million per year. Obviously there is other operational costs involved so say 20% goes to that, leaving $12.5 million in profit for the year. Buying and hodling $2 mil in coins means the price needs to go up over 6x in one year to make the same profit. Then you consider the fact that the hardware will be printing money for you for AT LEAST another 2 years at zero additional cost, the fact that the hardware has a strong resale value when you do decide to upgrade, and the fact that the coins you receive from mining will appreciate just as fast as the coins you would have just purchased with cash. Why would anyone choose to just buy and hodl while leaving millions of dollars on the table? Yes the profitability is not a static number, these numbers are just to be used as a general example. If btc continues to rise faster than the network difficulty you will actually profit more than what I have shown with some basic back of the napkin math. You seem to be leaving out an important bit. Difficulty. https://bitcoinwisdom.com/bitcoin/difficulty You also leave out the facility needed. Ac. Power. Etc. look at the rise of all coins. Look at where we are on the stage of the game. I stand by buying the coins. Save yourself a major headache. And if you have to burn it somewhere wait for the new machines to come out. BR
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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HedgeCoinGroup
Newbie
Offline
Activity: 51
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2017, 06:47:00 PM |
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Hello,
I've messaged you with regards to details let me know if you wish to get in touch!
Thanks,
THCG (The Hedge Coin Group)
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equitybase
Newbie
Offline
Activity: 151
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 13, 2017, 06:56:10 AM |
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Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins.
Checkout coinmarketcap and really do your research. I can’t stress this enough. I can tell you haven’t done enough because your still looking to buy machines.
BR
You should throw all of this 'advice' away. People that think just buying coins and hodling dont really understand how this game works. $2 million worth of s9s right now is about 1250 machines after buying PSUs. 1250 machines @ 13.5th = 16.875ph 16.875ph is worth roughly $50k per day. Calculate power at $0.06/kwh the daily profit is $42.8k $48.2k x 365 = $15.62 million per year. Obviously there is other operational costs involved so say 20% goes to that, leaving $12.5 million in profit for the year. Buying and hodling $2 mil in coins means the price needs to go up over 6x in one year to make the same profit. Then you consider the fact that the hardware will be printing money for you for AT LEAST another 2 years at zero additional cost, the fact that the hardware has a strong resale value when you do decide to upgrade, and the fact that the coins you receive from mining will appreciate just as fast as the coins you would have just purchased with cash. Why would anyone choose to just buy and hodl while leaving millions of dollars on the table? Yes the profitability is not a static number, these numbers are just to be used as a general example. If btc continues to rise faster than the network difficulty you will actually profit more than what I have shown with some basic back of the napkin math. You seem to be leaving out an important bit. Difficulty. https://bitcoinwisdom.com/bitcoin/difficulty You also leave out the facility needed. Ac. Power. Etc. look at the rise of all coins. Look at where we are on the stage of the game. I stand by buying the coins. Save yourself a major headache. And if you have to burn it somewhere wait for the new machines to come out. BR spot on.. plus 99% of the existing building wont have the power capacity to support the kw need for such operation and new power is needed, they power you are looking at would probably need a substation builtout
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marra (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 13, 2017, 07:59:55 AM |
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Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins.
Checkout coinmarketcap and really do your research. I can’t stress this enough. I can tell you haven’t done enough because your still looking to buy machines.
BR
You should throw all of this 'advice' away. People that think just buying coins and hodling dont really understand how this game works. $2 million worth of s9s right now is about 1250 machines after buying PSUs. 1250 machines @ 13.5th = 16.875ph 16.875ph is worth roughly $50k per day. Calculate power at $0.06/kwh the daily profit is $42.8k $48.2k x 365 = $15.62 million per year. Obviously there is other operational costs involved so say 20% goes to that, leaving $12.5 million in profit for the year. Buying and hodling $2 mil in coins means the price needs to go up over 6x in one year to make the same profit. Then you consider the fact that the hardware will be printing money for you for AT LEAST another 2 years at zero additional cost, the fact that the hardware has a strong resale value when you do decide to upgrade, and the fact that the coins you receive from mining will appreciate just as fast as the coins you would have just purchased with cash. Why would anyone choose to just buy and hodl while leaving millions of dollars on the table? Yes the profitability is not a static number, these numbers are just to be used as a general example. If btc continues to rise faster than the network difficulty you will actually profit more than what I have shown with some basic back of the napkin math. You seem to be leaving out an important bit. Difficulty. https://bitcoinwisdom.com/bitcoin/difficulty You also leave out the facility needed. Ac. Power. Etc. look at the rise of all coins. Look at where we are on the stage of the game. I stand by buying the coins. Save yourself a major headache. And if you have to burn it somewhere wait for the new machines to come out. BR spot on.. plus 99% of the existing building wont have the power capacity to support the kw need for such operation and new power is needed, they power you are looking at would probably need a substation builtout Currently we have 110MW power line at disposal at 0.65 eur/kwh. Substations, each for 3MW, are being build at the moment. The investors already sold mining contracts, and they were doing cloud mining for the last couple of years on a 'smaller scale' around 500KW. Not many people, especially new in the game, understand HODL, but want to mine. I personally left mining 2 years ago but still doing consultancy there.
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$1 = 1 satoshi ☰☱☲☳☷☷☳☲☰☰☱☲☳☷☳☲☰☰☱☲☲☳☷☷☳☲☳☱☷☷☳☲☰☰☰☰☲☳☳ ☳☲☰☰☱☲☳☷☷☳☲☰☰☱☲☳☲☳☷☷☳☳☳☲☰☰☱☲☲☳☷☷☳☳☲☰☰☱☲☲☳☷☷☳☰☱☲☳
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equitybase
Newbie
Offline
Activity: 151
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 13, 2017, 08:14:16 AM |
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Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins.
Checkout coinmarketcap and really do your research. I can’t stress this enough. I can tell you haven’t done enough because your still looking to buy machines.
BR
You should throw all of this 'advice' away. People that think just buying coins and hodling dont really understand how this game works. $2 million worth of s9s right now is about 1250 machines after buying PSUs. 1250 machines @ 13.5th = 16.875ph 16.875ph is worth roughly $50k per day. Calculate power at $0.06/kwh the daily profit is $42.8k $48.2k x 365 = $15.62 million per year. Obviously there is other operational costs involved so say 20% goes to that, leaving $12.5 million in profit for the year. Buying and hodling $2 mil in coins means the price needs to go up over 6x in one year to make the same profit. Then you consider the fact that the hardware will be printing money for you for AT LEAST another 2 years at zero additional cost, the fact that the hardware has a strong resale value when you do decide to upgrade, and the fact that the coins you receive from mining will appreciate just as fast as the coins you would have just purchased with cash. Why would anyone choose to just buy and hodl while leaving millions of dollars on the table? Yes the profitability is not a static number, these numbers are just to be used as a general example. If btc continues to rise faster than the network difficulty you will actually profit more than what I have shown with some basic back of the napkin math. You seem to be leaving out an important bit. Difficulty. https://bitcoinwisdom.com/bitcoin/difficulty You also leave out the facility needed. Ac. Power. Etc. look at the rise of all coins. Look at where we are on the stage of the game. I stand by buying the coins. Save yourself a major headache. And if you have to burn it somewhere wait for the new machines to come out. BR spot on.. plus 99% of the existing building wont have the power capacity to support the kw need for such operation and new power is needed, they power you are looking at would probably need a substation builtout Currently we have 110MW power line at disposal at 0.65 eur/kwh. Substations, each for 3MW, are being build at the moment. The investors already sold mining contracts, and they were doing cloud mining for the last couple of years on a 'smaller scale' around 500KW. Not many people, especially new in the game, understand HODL, but want to mine. I personally left mining 2 years ago but still doing consultancy there. agree.. how long it took the power company to bring out the substation to the site? in los angeles, setup for mw substation would cost 2 arms and 2 legs. i would assume cost of building would be similar if not more than a cost of a data center
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marra (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 13, 2017, 08:16:01 AM |
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It is 10 days - 2 weeks for 1 station to develop, and a cost of around 50k euros. It is good offer.
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$1 = 1 satoshi ☰☱☲☳☷☷☳☲☰☰☱☲☳☷☳☲☰☰☱☲☲☳☷☷☳☲☳☱☷☷☳☲☰☰☰☰☲☳☳ ☳☲☰☰☱☲☳☷☷☳☲☰☰☱☲☳☲☳☷☷☳☳☳☲☰☰☱☲☲☳☷☷☳☳☲☰☰☱☲☲☳☷☷☳☰☱☲☳
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equitybase
Newbie
Offline
Activity: 151
Merit: 0
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December 13, 2017, 08:37:24 AM |
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wow, that is dirt cheap compare to los angeles, just additional service of 5000 amps would cost 500k+ and would take 9-12 moths
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marra (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 13, 2017, 08:54:38 AM |
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wow, that is dirt cheap compare to los angeles, just additional service of 5000 amps would cost 500k+ and would take 9-12 moths
hehe, yes, Serbia is far cheaper than California. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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$1 = 1 satoshi ☰☱☲☳☷☷☳☲☰☰☱☲☳☷☳☲☰☰☱☲☲☳☷☷☳☲☳☱☷☷☳☲☰☰☰☰☲☳☳ ☳☲☰☰☱☲☳☷☷☳☲☰☰☱☲☳☲☳☷☷☳☳☳☲☰☰☱☲☲☳☷☷☳☳☲☰☰☱☲☲☳☷☷☳☰☱☲☳
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7BEN7
Newbie
Offline
Activity: 14
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 15, 2017, 10:12:47 PM |
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Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins.
Checkout coinmarketcap and really do your research. I can’t stress this enough. I can tell you haven’t done enough because your still looking to buy machines.
BR
You should throw all of this 'advice' away. People that think just buying coins and hodling dont really understand how this game works. $2 million worth of s9s right now is about 1250 machines after buying PSUs. 1250 machines @ 13.5th = 16.875ph 16.875ph is worth roughly $50k per day. Calculate power at $0.06/kwh the daily profit is $42.8k $48.2k x 365 = $15.62 million per year. Obviously there is other operational costs involved so say 20% goes to that, leaving $12.5 million in profit for the year. Buying and hodling $2 mil in coins means the price needs to go up over 6x in one year to make the same profit. Then you consider the fact that the hardware will be printing money for you for AT LEAST another 2 years at zero additional cost, the fact that the hardware has a strong resale value when you do decide to upgrade, and the fact that the coins you receive from mining will appreciate just as fast as the coins you would have just purchased with cash. Why would anyone choose to just buy and hodl while leaving millions of dollars on the table? Yes the profitability is not a static number, these numbers are just to be used as a general example. If btc continues to rise faster than the network difficulty you will actually profit more than what I have shown with some basic back of the napkin math. That's a plan without re-investing in ASICS. What if you re-invest the money ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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d57heinz
Legendary
Offline
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 15, 2017, 11:28:08 PM |
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Do your investors a huge favor. Take that money and put it across to the top 10-20 alts. 50% bitcoin splitting the rest up depending on your research of each coin and how you think it will play a role in future. Mining is a war amongst asic manufacturers now. I wouldn’t waste my time or money. Again I say this ask any legendary member of this forum what would have been the better buy. Coins or machines. Hands down it would have been the coins.
Checkout coinmarketcap and really do your research. I can’t stress this enough. I can tell you haven’t done enough because your still looking to buy machines.
BR
You should throw all of this 'advice' away. People that think just buying coins and hodling dont really understand how this game works. $2 million worth of s9s right now is about 1250 machines after buying PSUs. 1250 machines @ 13.5th = 16.875ph 16.875ph is worth roughly $50k per day. Calculate power at $0.06/kwh the daily profit is $42.8k $48.2k x 365 = $15.62 million per year. Obviously there is other operational costs involved so say 20% goes to that, leaving $12.5 million in profit for the year. Buying and hodling $2 mil in coins means the price needs to go up over 6x in one year to make the same profit. Then you consider the fact that the hardware will be printing money for you for AT LEAST another 2 years at zero additional cost, the fact that the hardware has a strong resale value when you do decide to upgrade, and the fact that the coins you receive from mining will appreciate just as fast as the coins you would have just purchased with cash. Why would anyone choose to just buy and hodl while leaving millions of dollars on the table? Yes the profitability is not a static number, these numbers are just to be used as a general example. If btc continues to rise faster than the network difficulty you will actually profit more than what I have shown with some basic back of the napkin math. That's a plan without re-investing in ASICS. What if you re-invest the money ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Imagine had OP invested when he made this post. Would have already double maybe tripled their money. Can’t do that with no damn asic. BR
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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