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[gusti]

you sell out very quick ...
is that a marketing tool or what ?   

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[Vladimir]

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[Vladimir]

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[gusti]

Please allow me to present you  the "partnership option", which might interest those who wish to employ more than 16 Ghps of bitcoin mining capacity  long term.

  At the moment I am at finishing stages of deploying a bitcoin mining farm rated at 40 Ghps which at current difficulty expected to deliver approximately 20 BTC per hour. I also since 2010 provide mining services to a number of prominent members of bitcoin community. To the best of my knowledge I am the only one who delivers such service professionally. I work on bitcoin mining projects full time and run data centres (DC) which are designed specifically for bitcoin mining and cryptanalysis supercomputing. In terms of efficiency my DC's will give a run for its money to DC's designed by Google, Facebook, Yahoo etc...

  Right now I am looking for investors for the second DC. In principle the terms are extremely simple. Investors pay for all direct out of pocket expenses both initial and recurring including hardware, shipping, electricity, DC charge (DC is owned and operated by me, DC charge covers operating costs such lease of premises, amortisation of of shared hardware, security charges) etc..  I do all the legwork including design of DC/hardware/software, assembly, deployment, monitoring and day to day management. I also pay for any labour related to this project as required.

  The results of this activity (mining hardware and mined bitcoins) are split in proportion of 75/25 where 75% goes to investors and 25% goes to operator (Marchenko Ltd). This means that you would receive 75% of all mined bitcoins. Moreover in case of termination of contract you retain ownership of 75% of mining rigs.

  In my opinion the above scheme presents a viable way of long term investment into bitcoin for serious investors.

Wrong, we are at least two. Don't forget also the pool operators who are doing a great job.
As for your offer, may I ask you why an investor will pay 0.16 for UK electricity, when he can pay 0.05 or less.
Your costs are too high, mining need to be professional, but cost effective also.
 

[Vladimir]

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[Grinder]

Even your highest volume offer (16GHash/1yr) puts 1 BTC at about $1.27 given the current difficulty, so why do anybody purchase this?

[gusti]

Wrong, we are at least two. Don't forget also the pool operators who are doing a great job.
As for your offer, may I ask you why an investor will pay 0.16 for UK electricity, when he can pay 0.05 or less. Your costs are too high, mining need to be professional, but cost effective also.

I am sure they do a great job. However, pool operations are not relevant to the discussion.

If you mean mrb, as far as I am aware, with all due respect, he has a day job and 16 Ghps he is offering is done in "evening and weekend mode", hardly professional. One other provider has admitted that it's mom's basement operation. If I am wrong here please do correct me.

If you want to argue on this please first define term "professional". My definition is a job done by a person qualified to do this job and who is doing this as his main occupation. By qualified, I mean either appropriate education or significant relevant professional experience or better both, as in my case.

I also would suggest that you are not in position to discuss my costs due to lack of information available to you on this one. Even if I pay for electricity slightly more than someone else, I make it up on reliability, customer service, better design, cheaper hardware, cost of real estate, cost of labour, government subsidies and in the end of the day on "professionalism".

There is significant difference between running 2-3 even 10 servers and 100 of them. Many "professionals" do fail to realise that, somehow.

Your opinion on 0.16 pence electricity in UK is not exactly correct one. Industrial electricity here can be had much cheaper, if things are done "professionally".  Particularly, is some areas which used to house metallurgical plants.

And do not worry... plans of relocating existing facilities and setting up new ones in BC, Canada are in place and will be acted upon when the numbers say it is the right thing to do.

I've noticed that you looking investors with 0.5-20 k$. I am looking for investors with 20-500k$ to invest, no need to feel threatened by my operation. In any case I wish you the best of luck with all your projects.

I will not discuss your professionalism or lack of it, but when you say you are the only one.
You always say you manage a big great mining operation, with tons of Ghps.
Can you present some proof of that ? On the opposite side, my stats are public on BPM.

As your USD 0.16 electricity costs, you told so on this post :
http://bitcointalk.org/index.php?topic=2895.msg39901#msg39901

You have plans on relocating, to lower electricity costs.
I have already 0.03-0.05 cost in my working operation.

A Ghps is a Ghps in a State of the Art datacenter, or in a decent, less costly one.
I don't feel threatened because you cannot compete with your actual costs.
In the end, ROI is the King, and investors will look for the best ROI.



 

[Vladimir]

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[ribuck]

It's much more interesting on the other side of the shelf, but for now this will do. 

On the other side it's all carrots.

[Vladimir]

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[ribuck]

I bet your legal counsel don't accept payments in Bitcoin.

[Vladimir]

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