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Author Topic: SOLD SOLD SOLD  (Read 501 times)
krypt951 (OP)
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August 29, 2018, 12:21:50 AM
Last edit: September 13, 2018, 06:10:27 AM by krypt951
 #1

SOLD SOLD SOLD
TheJoke[r]
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August 29, 2018, 06:18:22 AM
 #2

hey.

so are you selling or renting or both?
or just renting the building and selling the equipment in it?
krypt951 (OP)
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August 29, 2018, 07:09:43 PM
Last edit: September 13, 2018, 06:10:55 AM by krypt951
 #3

SOLD SOLD SOLD SOLD
BenRickert
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August 29, 2018, 10:52:57 PM
 #4

 Very interesting. I pm'd you.  If you cannot receive PM's please contact me at;

1pmnlr@gmail.com

Thank you

You only live once....if you do it right, once is enough.

 Excellent FAQ for Lightning Network https://medium.com/@AudunGulbrands1/lightning-faq-67bd2b957d70
TheJoke[r]
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August 30, 2018, 03:34:45 PM
 #5

pm me your contact info, please. I have pm limit...
fanatic26_
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August 31, 2018, 04:43:58 PM
 #6

This seems like an interesting deal, but only if you can get the power price down. In this market you need 4 cent power to stand a chance. Is that price just what they have offered you or is there room to negotiate?
krypt951 (OP)
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September 04, 2018, 07:44:51 AM
Last edit: September 13, 2018, 06:11:29 AM by krypt951
 #7

SOLD SOLD SOLD SOLD
TheJoke[r]
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September 04, 2018, 10:13:36 AM
 #8

can you please pm me your  contact info? i am unclear about some points and am limited with pms.
anonymousminer
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September 04, 2018, 10:56:20 AM
 #9

How much BTC is this farm producing CURRENTLY per month?  I want to find the net profit monthly against that 11k elecrtic bill plus 1k rent etc.
mikez_nj
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September 06, 2018, 01:17:56 AM
 #10

I pinged you over PM, but for the sake of those interested- what are the hashrates on the S9s, and how many of each model do you have? That drastically changes the revenue calculations.
HardwareCollector
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September 06, 2018, 01:44:19 AM
 #11

The monthly net profit would be somewhere between $3500-4250/month based on 12.5 TH/s average per S9 and 504 MH/s per L3+. That’s assuming BTC exchange rates continues to fluctuate around $7k/BTC and network hash rate stays the same.
mikez_nj
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September 06, 2018, 03:15:47 AM
 #12

The monthly net profit would be somewhere between $3500-4250/month based on 12.5 TH/s average per S9 and 504 MH/s per L3+. That’s assuming BTC exchange rates continues to fluctuate around $7k/BTC and network hash rate stays the same.

How do you figure? Just trying to work out your math.

Your numbers/assumptions:
 * 105 12.5TH S9s gets you .00048BTC per day per unit = $10584, assuming $7k/BTC (105 x .00048 x 7500 x 30)
 * 2 10.5TH T9s gets you .0004BTC per day per unit = $168, assuming $7k/BTC (105 x .0004 x 7500 x 30)
 * 12 504Mh L3+s gets you .00025BTC per day per unit = $675, assuming $7k/BTC (105 x .00025 x 7500 x 30)

That gives you a total current revenue stream of $11427/mo.

In the initial post and the electric bill posted, the current cost is $12206/mo (11206 + 1000 rent).

Where are you getting $3500-4250 in profit/month?

FWIW, that's not at all the projections I used when I modeled this. I looked at 50 14TH S9s and 55 11.5TH S9s, looked at logarithmic growth of network difficulty - which matches the historical growth, and I used multiple pricing models to calculate the cost of BTC over time. That being said, its *still* moot because we don't know the actual models and number of each - which make a HUGE difference when calculating revs.
krypt951 (OP)
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September 06, 2018, 03:08:26 PM
Last edit: September 13, 2018, 06:11:46 AM by krypt951
 #13

SOLD SOLD SOLD SOLD
mikez_nj
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September 06, 2018, 03:28:35 PM
 #14

Received a deposit from the building from BenRickeret, sale is pending. No other offers will be looked at during this time. Also please stop arguing on my post about bitcoin miner profitability just go to  www.cryptocompare.com if you want to know how much a s9 makes...

Congrats!

Since this seems like a swipe at me, I would just like to apologize for trying to set the record straight, since HardwareCollector's numbers are incredibly deceptive/wrong for anyone looking at this thread. Without actual numbers on the S9/hashrates, profitability on this deal varies WILDLY. I was not trying to argue S9 profitability, I was trying to understand his estimates, which seem completely off-base.

I did a ton of analysis of this deal, and I reached out to you on two simple questions, which went unanswered. If the numbers made sense, I would have jumped on it, but I didn't have solid data to go on. I wanted to understand HardwareCollector's numbers because a profit of 3500-4250/mo is obviously one that I would have given you 50k immediately for.
HardwareCollector
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September 06, 2018, 06:30:01 PM
 #15

@krypt951
Congratulations, if deal doesn’t go through, please PM me, would like to purchase the entire operation.

@mikez_nj
The numbers are correct and please PM me if you need help with the basic math. Grin
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