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Author Topic: Bitcoin Mining Hosting in Georgia  (Read 1149 times)
CryptoInvestments
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November 18, 2017, 11:34:06 AM
Last edit: March 14, 2018, 05:32:20 PM by CryptoInvestments
 #1

Hello everyone,

We are a team of miners who have opened our facilities with plenty of space and a few megawatts of excess energy in Georgia for miners from anywhere around the world. Here is our value proposition:

1. Since we are based in a tax free zone tax rate for everything is 0. This is 0% income tax, 0% VAT, 0% customs charges etc.

2. Fast and reliable internet connection with 99% up-time. A back up internet connection from different provider is available just in case.

3. 24 Hour technical support, PSU rental, spare parts

4. Constant, reliable and cheap electricity supply

5. Effective air cooling system

6. 24 Hour Security

Because of economy of scales and cheap electricity costs we are able to provide our services cheaper than just electricity cost in many of EU countries and deliver huge savings to our clients.

Our all inclusive rates start at $0.12 per kW/h, no setup fee. No customs fees, no VAT, no income tax, no hidden fees.

To contact Crypto Investments LTD, please email us at: info@cryptoinvesthub.com or visit our website: www.cryptoinvesthub.com.

A visit to our facilities in Georgia from a trusted member of this forum is welcome. We are happy to pay for your time to show that we are a legitimate company. A meeting with director of our sister company in London and a shareholder of our company is also possible.

UPDATE: our pricing has changed for all new customers.
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November 20, 2017, 03:38:40 AM
 #2

Whats with the Russian checkout page? Any images of your facilities?
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November 20, 2017, 07:10:08 AM
 #3

Whats with the Russian checkout page? Any images of your facilities?

We are still working on it. Will be complete hopefully by the end of today. Purchases won't be available from our website. Anyone wishing to purchase miners will have to contact us directly. However, this is not our main business, our main business is hosting miners at an extremely competitive rates in a tax free zone.

Photos and videos of the facility will be uploaded to the website in the next two weeks.
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November 20, 2017, 07:50:38 AM
 #4

Whats with the Russian checkout page? Any images of your facilities?

Because they are likely scammers from russia and they are bad at translating every page they have to english.

Do not send any miners to them, you won't see them back. For all we know their Georgia address is just a forward shipping address.

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November 20, 2017, 10:25:37 AM
 #5

>>Our all inclusive rates start at $0.10 per kW/h, no setup fee. No customs fees, no VAT, no income tax.
sounds like a legit way to burn money. no vat, no tax. because you never registered anywhere as a proper company, right?
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November 20, 2017, 11:03:02 AM
 #6

>>Our all inclusive rates start at $0.10 per kW/h, no setup fee. No customs fees, no VAT, no income tax.
sounds like a legit way to burn money. no vat, no tax. because you never registered anywhere as a proper company, right?

This is an absolutely legitimate service and our business is a legitimate business .

The reason why no taxes are payable is that our company Crypto Investments LTD is registered in a free industrial zone in Georgia. Free industrial zone is officially free from any kind of taxes. If you are worried about legitimacy of free industrial zones, please see the example here: http://www.tfz.ge/ 

BitFurry - is based in the above mentioned zone and BitFurry is also completely free from any taxes. There are four of those free industrial zones in Georgia. Any inspections are welcome. One of our shareholders is a small scale property developer in London, any meetings in London are also welcome.

By installing miners in our facilities you can be 100% be sure that no taxes are payable in this county and it is 100% legitimate. According to terms and conditions of free industrial zones it is to stay tax free at least for 49 years.
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November 20, 2017, 03:12:31 PM
 #7

Whats with the Russian checkout page? Any images of your facilities?

Because they are likely scammers from russia and they are bad at translating every page they have to english.

Do not send any miners to them, you won't see them back. For all we know their Georgia address is just a forward shipping address.

I will gladly go through verification with yourself over the phone or by any other means you chose.

If there is a service on bitcointalk.org to verify our service we are more than happy to do that. Also, we are trying to find a member of this community who lives or works in Georgia and who could spare a day to visit our facility and write a review here. Photos and videos will be uploaded here in around two weeks. Before that is done, we won't accept any shipments.

The whole engine of our website is built on is Russian, hence some obsolete links left by accident. We are building Russian/Georgian website as well which I will share here once ready. Georgia was part of Soviet Union, a country with 150 million Russian speakers that are not Russian, hence it is no surprise that engine of our website is Russian.
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November 20, 2017, 09:04:27 PM
 #8

Whats with the Russian checkout page? Any images of your facilities?

Because they are likely scammers from russia and they are bad at translating every page they have to english.

Do not send any miners to them, you won't see them back. For all we know their Georgia address is just a forward shipping address.

I will gladly go through verification with yourself over the phone or by any other means you chose.

If there is a service on bitcointalk.org to verify our service we are more than happy to do that. Also, we are trying to find a member of this community who lives or works in Georgia and who could spare a day to visit our facility and write a review here. Photos and videos will be uploaded here in around two weeks. Before that is done, we won't accept any shipments.

The whole engine of our website is built on is Russian, hence some obsolete links left by accident. We are building Russian/Georgian website as well which I will share here once ready. Georgia was part of Soviet Union, a country with 150 million Russian speakers that are not Russian, hence it is no surprise that engine of our website is Russian.

Why didn't you try to open thread in georgia's national forum? I guess you know link.. Also your company is newly registered as LTD, it happened on November 7, 2017. So it happened two weeks ago.. Company's office is in Tbilisi but registration was done in another town. Everyone can register LTD easily, especially in Georgia. So more proofs will be appreciated. Despite the fact that you are in tax free zone, the electricity fees you offer are so lower, I can't imagine how you can profit.

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CryptoInvestments
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November 21, 2017, 06:35:06 AM
 #9

Whats with the Russian checkout page? Any images of your facilities?

Because they are likely scammers from russia and they are bad at translating every page they have to english.

Do not send any miners to them, you won't see them back. For all we know their Georgia address is just a forward shipping address.

I will gladly go through verification with yourself over the phone or by any other means you chose.

If there is a service on bitcointalk.org to verify our service we are more than happy to do that. Also, we are trying to find a member of this community who lives or works in Georgia and who could spare a day to visit our facility and write a review here. Photos and videos will be uploaded here in around two weeks. Before that is done, we won't accept any shipments.

The whole engine of our website is built on is Russian, hence some obsolete links left by accident. We are building Russian/Georgian website as well which I will share here once ready. Georgia was part of Soviet Union, a country with 150 million Russian speakers that are not Russian, hence it is no surprise that engine of our website is Russian.

Why didn't you try to open thread in georgia's national forum? I guess you know link.. Also your company is newly registered as LTD, it happened on November 7, 2017. So it happened two weeks ago.. Company's office is in Tbilisi but registration was done in another town. Everyone can register LTD easily, especially in Georgia. So more proofs will be appreciated. Despite the fact that you are in tax free zone, the electricity fees you offer are so lower, I can't imagine how you can profit.


Fair enough. Once set up is finished, we will upload photos and videos. Youtube channel and Facebook page are also being prepared. Hopefully, we will also find a member of this forum who will be able to visit our facilities. We are also working to partner with Obelisk, so hopefully we will feature in their partner co-locations very soon too.

Your due diligence is absolutely correct. As per profitability I am happy to send you costing, pm me for details.

Thanks for the tip, Georgian thread has been created to find someone who will visit our facilities.
https://bitcointalk.org/index.php?topic=679928.msg24937160#msg24937160


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November 21, 2017, 05:30:48 PM
 #10

Hello,

I am visiting Georgia in mid-December. I would like to visit your setup as well as see what investment possibilities are there.

Please send me more information as well as pictures of the setup.

Regards

Duke

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November 21, 2017, 06:20:58 PM
Last edit: November 21, 2017, 07:58:28 PM by CryptoInvestments
 #11

Hello,

I am visiting Georgia in mid-December. I would like to visit your setup as well as see what investment possibilities are there.

Please send me more information as well as pictures of the setup.

Regards

Duke


We have some information on our website www.cryptoinvesthub.com. We would gladly show you our facilities once you are in Georgia. Photos and videos will be uploaded to our website in 10-15 days, as soon as cooling system and ventilation are complete.

In the meantime if you have any questions regarding investments in Free Industrial Zone, we will gladly take you through the whole process. Please, email us at info@cryptoinvesthub.com.
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November 27, 2017, 09:36:38 AM
 #12

UPDATE:

We will have a live CCTV feed of our mining facility embedded on homepage of our website very soon.
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December 02, 2017, 09:45:10 AM
 #13

Is your facility up and running?  How much power capacity do you have currently?  Am planning to set up a farm with 500+ machines and already have 200+ miners in hand.

Can you post pictures of your facility and copy of your current power connection?  Where exactly are your facilities located?

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December 02, 2017, 01:25:58 PM
 #14

Is your facility up and running?  How much power capacity do you have currently?  Am planning to set up a farm with 500+ machines and already have 200+ miners in hand.

Can you post pictures of your facility and copy of your current power connection?  Where exactly are your facilities located?



Will post pictures in a week or so.

Replied to your email, let me know if you have any further questions
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December 03, 2017, 01:37:01 AM
 #15

Georgia, United states? Or is Georgia the country? it is also very good to provide 24-hour security, are you able to give details of the devices you are using? We'd better give the customers some descriptive information about the devices.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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December 03, 2017, 04:17:25 AM
 #16

Georgia, United states? Or is Georgia the country? it is also very good to provide 24-hour security, are you able to give details of the devices you are using? We'd better give the customers some descriptive information about the devices.

It is Georgia the country. Can you confirm what devices are you referring to? If that is miners, than most of the negotiations we are in the middle of, are for S9s. We are a hosting company, so an absolute majority of miners in our data center will be ones of our clients.
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December 08, 2017, 08:00:31 AM
 #17

We have hit some difficulties with delivery of our cooling system due to free industrial zone regulations. Our facilities should be fully operational by 15th of December. Photos and Videos will follow straight after.
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December 25, 2017, 10:47:05 PM
 #18

First glimpse into our mining facilities: https://imgur.com/a/d6bFc
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December 25, 2017, 11:36:50 PM
 #19

Isn't 10c a bit high?

What does it cost to run an S9 for a month at your facility for a customer?

Want to throw me a tip: 1E5bZiPAh7Yt1VqNUyk7y9r48zpbGNTEUA
Mining bitcoin since 2011.
Best nerd decision of my life.
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December 26, 2017, 05:26:02 AM
Last edit: January 01, 2018, 10:42:03 PM by CryptoInvestments
 #20

We have increased prices to all new customers, it is from 12 Cents per kilowatt, all inclusive rate.
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