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Author Topic: My Bitcoin mining farm under construction  (Read 4716 times)
Platonicus
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October 28, 2017, 04:07:34 PM
 #41

Nice and gratz, looks  like lovely farm.
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parkers
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October 29, 2017, 02:21:37 PM
 #42

Good luck building your gigantic farm.
JayT22
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October 30, 2017, 02:16:35 AM
 #43

wow nice project.wish u the best!!!!looks amazing,would like to have my own farm xD

timk225
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October 30, 2017, 03:25:01 AM
 #44

You should be renting an existing building instead of spending much more money to build a new one.
RichestLizza
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October 30, 2017, 06:25:33 AM
 #45

You should be renting an existing building instead of spending much more money to build a new one.

You should be renting an existing building instead of spending much more money to build a new one.

We want to build a long-running business. So it's better to own the land and build the mining farm from scratch.


Update Oct 30:
https://imgur.com/w6jhsfV

https://imgur.com/p36ayga
goldchain
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October 30, 2017, 06:44:02 AM
 #46

OP, is it legal to build Bitcoin mining farm, especially inside China? I heard that China government just tracked and shut down several Bitcoin mining farms recently.

Anyway, I wish you all the best with this project.

PS: Love your long term vision and hope everything turns out well  Wink
truenortheast
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October 30, 2017, 09:21:49 AM
 #47

Update afternoon Oct 28:

https://imgur.com/c3Q430A
Thanks for the frequent updates. Exciting stuff! I noticed you'd been having trouble getting miners earlier. If you have any trouble in the future, you can pm me. I have hundreds of new machines in stock here in China. I'll deliver them myself!
Yanisumin
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October 30, 2017, 10:03:21 AM
 #48

This mining farm is located in Inner Mongolia, China.  The first two 2-floor building will be ready in next month and the power supply will be 10000 kW. In the beginning of next year we will build 7 builds and total power consumption will be 50000 kWh.















Qouted

I wonder Why I cant see the images,
I've always been a farm of mining farms, what us the source of power or how they are making some powerful hash-power. Im hoping that if you are a Jr. Member, you can fix the link of the images and we can view the progress of you're mining farm. POWER


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RichestLizza
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October 31, 2017, 02:50:28 AM
 #49

OP, is it legal to build Bitcoin mining farm, especially inside China? I heard that China government just tracked and shut down several Bitcoin mining farms recently.

Anyway, I wish you all the best with this project.

PS: Love your long term vision and hope everything turns out well  Wink

The Chinese government defines Bitcoin as "digital commodity". It's legal to hold, buy, sell or produce such "digital commodity".

The reason that the government call stop ICOs and shutdown the exchanges is there are two many cheating, manipulating the market, etc.

So it's total legal to build and operating mining farms in China.

RichestLizza
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October 31, 2017, 02:58:04 AM
 #50

Update afternoon Oct 28:

https://imgur.com/c3Q430A
Thanks for the frequent updates. Exciting stuff! I noticed you'd been having trouble getting miners earlier. If you have any trouble in the future, you can pm me. I have hundreds of new machines in stock here in China. I'll deliver them myself!

Thanks for you offer. We need thousands...

We already ordered more than 2,000 miners. and more in the future.
RichestLizza
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October 31, 2017, 03:22:30 AM
 #51

This mining farm is located in Inner Mongolia, China.  The first two 2-floor building will be ready in next month and the power supply will be 10000 kW. In the beginning of next year we will build 7 builds and total power consumption will be 50000 kWh.

https://imgur.com/SyCK1Ep

https://imgur.com/htG80iC

https://imgur.com/0IV3CyN

https://imgur.com/e3Xivs6

https://imgur.com/mk8U604

https://imgur.com/wJ8KBso

https://imgur.com/DKHuCMc

Qouted

I wonder Why I cant see the images,
I've always been a farm of mining farms, what us the source of power or how they are making some powerful hash-power. Im hoping that if you are a Jr. Member, you can fix the link of the images and we can view the progress of you're mining farm. POWER

i don't know how to attach images so I uploaded them to imgur.com and posted the url here.

How can I become a Jr. Member?
bit247
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October 31, 2017, 08:12:35 AM
 #52

man, that is huge...

BTC: 35DtMsEK1g1xVMKh4V7beAyguiU9qcHwtF  || ETH: Hacked Sad
patofet
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October 31, 2017, 08:19:01 AM
 #53

WoW it's beautiful I'll stay tuned to this post

The knowledge token: http://witcoin.io
PandaminerScam
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October 31, 2017, 12:14:10 PM
 #54

The operator of this farm is experiencing bad construction delays and is defaulting on the cloud mining contract that is suppose to start paying on Nov 1st!

He sold 2 million dollars worth of cloud contracts in September, now it is end of Oct and he is not paying the mining contracts because of construction delays. The contract actually says the investors will receive bitcoin regardless of lose of power, construction delays, break down of equipments etc...

Stay away from him. You will lose money.

Do I know you?  show you evidence please.
Why don't you post your cloud mining contract here? Oh wait, you took the money, asked your clients to sign the contract digitally and have not sent the contract back to them because you can't honor the contract?

Why don't you actually honor the contract and start paying people as advertised on November 1st 2017!

Show you evidence? Which statement I am making is false? You have not sold a contract? Your contact does not start in November 1st? You are going to pay on November 1st? Please prove I am BULLSHITTING.

Here is the contract:

https://imgur.com/S2WwEdC
https://imgur.com/oJVLgR5
https://imgur.com/nsOMIE5
https://imgur.com/8OXskbv
https://imgur.com/KO9Me08
https://imgur.com/0Pajj4C
https://imgur.com/0Pajj4C
Yep that's the round two contract, there is a round one contract as well which s9 machines arrives in the first week of Nov right?

Yes.  We wanted to order S9 shipping from Nov. 1st to Nov. 10th. From Shenzhen to Inner Mongolia needs about one week. And In the contract we promised to start mining in two weeks after we receive the miners. So it's now start paying from Nov. 1st.

Moreover, that contract was canceled and I returned the money back to clients.

Thank you for admitting that you have defaulted on the contract. Cancelling the contract is not acceptable as there were no terms in there that allows you to do one way cancellation. When you sign a cloud mining agreement with your client, you must carry out the terms no matter what!

Your clients and I (indirectly) have lost a lot of profit that we could have made if you actually honored the contract.
Ronin87
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October 31, 2017, 01:24:56 PM
 #55

Uff.. This is serious even if you gave the money back..
The opportunity cost can be skyhigh for the clients that signed the first contract which was one-sidedly revoked ...
Upstream
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October 31, 2017, 10:36:49 PM
 #56

How many MegaWatts is this facility?
Khurram Bin Kamal
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November 01, 2017, 01:02:41 AM
 #57

How many MegaWatts is this facility?

They are starting at 10 mega watt and will be on 50 mega watt next year

truenortheast
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November 01, 2017, 01:33:07 PM
 #58

Update afternoon Oct 28:

https://imgur.com/c3Q430A
Thanks for the frequent updates. Exciting stuff! I noticed you'd been having trouble getting miners earlier. If you have any trouble in the future, you can pm me. I have hundreds of new machines in stock here in China. I'll deliver them myself!

Thanks for you offer. We need thousands...

We already ordered more than 2,000 miners. and more in the future.
I hear you. I do international retail for a big wholesaler, nut they also mine. 2 of their own farms, plus hosting. It's crazy.

Anyway, if you ever need units asap, let me know. We always order way more than we can use. Still have some October S9's as well as L3+, D3, 741. 761 are on the way, too.

I'm new, amd need to build up trust in the community, so I'll hand-deliver in mainland China to get positive feedback!

Keep up the good work, and keep the pictures coming!
ToTheMoon$
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November 01, 2017, 02:17:13 PM
 #59

Awesome farm! Congratulations! Hope this project runs well for you. For you what posted, all seemed to be so smooth, was it a hard task dealing with China government to obtain the land and permissions to build over there ?
RichestLizza
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November 02, 2017, 02:57:23 AM
 #60

It's not easy. You need to get many approvals, reports.  Everything costs.

The most tough thing is drinking. People from Inner Mongolia like drink just as Russians.

Awesome farm! Congratulations! Hope this project runs well for you. For you what posted, all seemed to be so smooth, was it a hard task dealing with China government to obtain the land and permissions to build over there ?
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