Mining operation

[zekarsalih]

My friend can you read?  
In the Netherlands electricity is 20 ct/kwh.
At the location that I am planning to put the miners electricity is 2 ct/kwh approx, but we have agreed on
a fixed amount with the electricity provider, of 100 usd a month for the whole 22th/s opperation.

[notlist3d]

My friend can you read?  
In the Netherlands electricity is 20 ct/kwh.
At the location that I am planning to put the miners electricity is 2 ct/kwh approx, but we have agreed on
a fixed amount with the electricity provider, of 100 usd a month for the whole 22th/s opperation.

I suspected you were in Netherlands from your said you were purchasing miners there.   You never did say country you were in.

If you got it for 100 usd yes that is extremely cheap electricity for that amount.

[zekarsalih]

The thing is, it is not a real country. Kurdistan is an autonome region in Irak. No taxes and Regulations.

[alh]

Own investment
5k hardware costs
1k rewiring
250usd operation Cost per month Inc. Electricity

Electricity will be 20hours a day so I calculated month inkome per month at average 1200usd for approx. 22th/s

So I can operate as long as I can make more then around 400usd a month. In it for longterm bitcoin garnering aswell.

I noticed you said "20 hours a day". Why only 20? Most mining operations are 24x7 full time operations. Virtually all the income calculators would have assumed 24 hours/day in terms of mining. I will assume that you can get good Internet access where your are going to set this up? Stopping and starting miners for 4 hours out of the day may be inconvenient and not entirely smooth every day if you aren't on site.

[notlist3d]

Own investment
5k hardware costs
1k rewiring
250usd operation Cost per month Inc. Electricity

Electricity will be 20hours a day so I calculated month inkome per month at average 1200usd for approx. 22th/s

So I can operate as long as I can make more then around 400usd a month. In it for longterm bitcoin garnering aswell.

I noticed you said "20 hours a day". Why only 20? Most mining operations are 24x7 full time operations. Virtually all the income calculators would have assumed 24 hours/day in terms of mining. I will assume that you can get good Internet access where your are going to set this up? Stopping and starting miners for 4 hours out of the day may be inconvenient and not entirely smooth every day if you aren't on site.

This is just a guess.  But I know of a data center that was built in very very low electricity.  But during peak times they could lose power.  But even though not 100 percent stable, it was cheap.

But I have no idea on Kurdistan infrastructure.

[zekarsalih]

Yes that is a very good point. The person Who is head of Electricity is a Friend of ours so we can arrange Electricity and yes I have calculated on basis of 20hours.
Profits per month for 22th are calculated at 1800usd where I took 1200usd as monthly income from operation

[techgeek]

I will try btcjam.Com also since their seems to be no interest so far  

if you are trying to get a loan for a minin operation, its best to build up your rep then link your ebay profile.

people can see most of those things, and tell either you should be trusted or not. Also, the amount you are asking also depends as well. If the loan is absurd and huge amount, then most wont agree, and explain how bitcoins will be paid back.

[zekarsalih]

I have my money right at the moment. Im planning to start with 20th/s atm but might use btcjam as a way to grow if the Profits are as planned