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Author Topic: Mining Farm [Bitcoin] Collaborating  (Read 2149 times)
topherhf (OP)
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February 03, 2017, 05:30:20 AM
 #1

Hello,


I am thinking to start a Small Mining Farm for BTC. I am going to invest 2.5-3lac ( I know small amount for starting up ) but that's exactly why I am starting this topic so that interested ones can contact me to partner up or collaborate.

Benefits of partnering up :

1) I have a whole 120 sq yard floor empty for placing miners machine with proper ventilation.

2) Zero to lowest electricity cost you will find in India.

3) We will share accordingly per our mining powers.

You can place your miners here for some cost per month and I will run your miners or You can partner up with me and we will make a farm and join some pool together.


Thanks,

All advises/suggestions/comments are appreciated by the experienced ones!
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bitcoinisbest
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February 03, 2017, 06:44:32 AM
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I always find Mining to be interesting but at the end when you see break even its never less than 3 -5 years which is not that worth.

1) You have space available. So say if you rent it out so how much will you get per year. I.e you losing a rental income.
2) Electricity next to zero as you mentioned, How much mining require huge electricity power supply and what is per unit cost and which place is it?
3) Cost of equipment and its maintenance per year.
topherhf (OP)
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February 03, 2017, 07:18:51 AM
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I always find Mining to be interesting but at the end when you see break even its never less than 3 -5 years which is not that worth.

1) You have space available. So say if you rent it out so how much will you get per year. I.e you losing a rental income.
2) Electricity next to zero as you mentioned, How much mining require huge electricity power supply and what is per unit cost and which place is it?
3) Cost of equipment and its maintenance per year.



Thank you for your response !

1) Yes I have space available. I have rented many of my other spaces but I'd like to keep it as my personal. I am not going to rent it out unless I am feeling greedy or super broke !

2) Yeah say 1 INR for 4 units !, Place : New Delhi

3) I am planning to buy 2 S9 antminer on my own.. One who'd like to partner up can buy his own miners and place it with me and we can redirect our hash power to some good pools and split profits. and yes cooling equipment will also be required !




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March 11, 2017, 01:58:45 AM
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Interesting!

S9 won't be available for another 3-4 months, right?

Mining always interested me but never got time to do it!
Maybe i'll give it a try

PM me more details about the area in delhi
Cryptocrew
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March 20, 2017, 01:30:54 PM
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That's interesting approach. It is always better to collaborate with others if you want to start a mining rig. Have you hired professionals to set it up or are you doing it yourself ?
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March 27, 2017, 10:12:26 AM
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Location?
Quartx
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March 27, 2017, 10:18:34 AM
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Location?

Seriously? You i*****s (not the word idiot but a race) really don't read do u? OP mentioned new delhi.

On a sidenote, OP, regarding the ridiculous power outages and non constant voltage ouput by power lines, how are you going to address power outages?

I second what the other guys have mentioned on a "forever to roi", and the fact that you probably earn more renting out that 120sq area.

You would probably still profit more than 10 times over your potential mining profits by simply renting and converting your income to btc.

bitwalkerz
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March 27, 2017, 12:04:55 PM
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Personally, I don't think this will workout.
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March 27, 2017, 12:15:52 PM
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Location?

Seriously? You i*****s (not the word idiot but a race) really don't read do u? OP mentioned new delhi.

On a sidenote, OP, regarding the ridiculous power outages and non constant voltage ouput by power lines, how are you going to address power outages?

I second what the other guys have mentioned on a "forever to roi", and the fact that you probably earn more renting out that 120sq area.

You would probably still profit more than 10 times over your potential mining profits by simply renting and converting your income to btc.

This wasn't necessary, he just asked a question.
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