Bitcoin Forum
January 23, 2019, 04:39:02 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Mining farm setup in India.  (Read 109 times)
Real14Hero
Hero Member
*****
Offline Offline

Activity: 826
Merit: 576



View Profile
May 05, 2018, 04:14:40 AM
 #1

What place according to you is the best for setting up mining farm in India?

Please tell me in respect of cheap electricity, constant electricity supply, easy availability of electricity?

Also is there someone interested in setting up? I am looking for someone with some fine technical know how and experience.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1548218342
Hero Member
*
Offline Offline

Posts: 1548218342

View Profile Personal Message (Offline)

Ignore
1548218342
Reply with quote  #2

1548218342
Report to moderator
1548218342
Hero Member
*
Offline Offline

Posts: 1548218342

View Profile Personal Message (Offline)

Ignore
1548218342
Reply with quote  #2

1548218342
Report to moderator
botany
Legendary
*
Offline Offline

Activity: 1554
Merit: 1062


View Profile
May 05, 2018, 06:59:49 AM
 #2

What place according to you is the best for setting up mining farm in India?

Please tell me in respect of cheap electricity, constant electricity supply, easy availability of electricity?

Also is there someone interested in setting up? I am looking for someone with some fine technical know how and experience.

There are states which offer free electricity to Farmers and I do remember some people misusing it for setting up mining farms. Plus the rate for residential and commercial uses are separate; mining definitely is a commercial activity! If you keep all this in mind, mining may not be that attractive in India
drmilind2004
Member
**
Offline Offline

Activity: 280
Merit: 19


View Profile
May 05, 2018, 07:54:08 AM
 #3


Please tell me in respect of cheap electricity, constant electricity supply, easy availability of electricity?


If you plan to "hijack" state subsidised electricity (or anything else for that matter) in India, please do remember the mantra:

What is cheap (free) is never constant (uninterrupted).  Shocked

AND

Even (if/when) free, gratuities (aka 'bribes') may apply  Huh

Marma Kalari
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250


Presale is live!


View Profile
May 05, 2018, 08:36:33 PM
 #4

There are states which offer free electricity to Farmers and I do remember some people misusing it for setting up mining farms. Plus the rate for residential and commercial uses are separate; mining definitely is a commercial activity! If you keep all this in mind, mining may not be that attractive in India
I am from the south of India and i have not heard about free electricity to farmers, mining is not attractive because of the amount you have to shell out to for cooling simply because of the climate, so it is not at all a profitable to mine in these situation, if you are able to get free electricity or you can install a big enough solar panel, then you can make some profit and another important factor is that the mining difficulty rate is increasing exponentially, if someone is having a million dollars to spare, then they can try mining in India. Grin



    ▄▄█████████▄▄      █████████████▄▄       █████████████▄▄        █████     █████        █████   ███████████████████    ██▄                ▄██
   ███████████████▄    ████████████████▄     ████████████████▄      █████     ██████       █████   ███████████████████    ████▄            ▄████
  █████▀     ▀▀███▀    █████     ▀▀█████▄    █████     ▀▀█████▄     █████     ███████      █████          █████           ██████▄        ▄██████
 █████          ▀      █████        ▀▀▀▀▀    ▀▀▀▀▀        ▀▀▀██     █████     ████████     █████          █████           ████████▄    ▄████████
 █████▄                ███▀▀                                          ▀▀█     █████████    █████          █████            ▀██████▀    ▀██████▀
 ▀██████▄▄               ▄▄▄        ▄████    ▄▄▄▄▄        ▄▄▄       ▄         ██████████   █████          █████              ▀██▀  ▄██▄  ▀██▀
  ▀█████████▄▄         █████     ▄▄█████▀    █████     ▄▄█████▀     ███▄▄       ▀▀█ █████  █████          █████                  ▄██████▄
     ▀▀█████▀  ▄▄▄     ████████████████▀     ████████████████▀      █████     ▄▄     ▀▀▀██ █████          █████                ▄██████████▄
         ▀▀ ▄█████▄    █████████████▀▀       ██████████████▀        █████     ████▄       ▀▀▀███          █████              ▄██████████████▄
             ▀█████    █████                 █████     █████        █████     █████    ▄▄▄                █████            ▄████████▀▀████████▄
 ▄█▄          █████    █████                 █████      █████       █████     █████     █████▄▄▄
          █████           ████████▀    ▀████████
▄████▄▄     ▄█████     █████                 █████       █████      █████     █████      ███████
          ▀████           ██████▀        ▀██████
▀████████████████      █████                 █████        █████     █████     █████       ██████
            ▀██           ████▀            ▀████
  ▀▀██████████▀▀       █████                 █████         █████    █████     █████        █████
              ▀           ██▀                ▀██
██
██
██
██
██
██
██
██
██
██
██
██

     ██
    ██
   ██
  ██
 ██
██
 ██
  ██
   ██
    ██
     ██
Whitepaper
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
ANN Thread

██
 ██
  ██
   ██
    ██
     ██
    ██
   ██
  ██
 ██
██











Telegram
Facebook
Twitter
██
██
██
██
██
██
██
██
██
██
██
██
Real14Hero
Hero Member
*****
Offline Offline

Activity: 826
Merit: 576



View Profile
May 06, 2018, 07:28:24 PM
 #5

What place according to you is the best for setting up mining farm in India?

Please tell me in respect of cheap electricity, constant electricity supply, easy availability of electricity?

Also is there someone interested in setting up? I am looking for someone with some fine technical know how and experience.

There are states which offer free electricity to Farmers and I do remember some people misusing it for setting up mining farms. Plus the rate for residential and commercial uses are separate; mining definitely is a commercial activity! If you keep all this in mind, mining may not be that attractive in India
People have given me highly illegal ways of driving out electricity out of wires in farm lands from 33kV wires and using it for mining purpose. I know places where this is possible but needs guts and its unsafe too.

I am looking for a more legal way because I am aware that different states have different electricity rates.
Sameenali
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
May 07, 2018, 07:28:35 PM
 #6

Hi
I am planning to setup mining in Bhopal. And looking for people to join me. My plan is to create a proper facility with solar panels. I have place available as well. The benefits of doing it together is it will reduce the operating cost and one big facility can be created. Please get in touch on my whatsapp or call on +91 9111115621
ubljc
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
July 09, 2018, 07:23:35 AM
 #7

Hi
I am planning to setup mining in Bhopal. And looking for people to join me. My plan is to create a proper facility with solar panels. I have place available as well. The benefits of doing it together is it will reduce the operating cost and one big facility can be created. Please get in touch on my whatsapp or call on +91 9111115621

Is that area a commercial or residential zone?

Regards,
UBLJ'C
glowing10
Full Member
***
Offline Offline

Activity: 560
Merit: 121


View Profile
July 10, 2018, 05:00:59 AM
 #8

Hi
I am planning to setup mining in Bhopal. And looking for people to join me. My plan is to create a proper facility with solar panels. I have place available as well. The benefits of doing it together is it will reduce the operating cost and one big facility can be created. Please get in touch on my whatsapp or call on +91 9111115621

Is that area a commercial or residential zone?

Regards,
UBLJ'C

I think OP would have closed the mining by now considering the government is getting harsh and would not be promoting the btc or any other crypto currency in the country. So anything related to mining or crypto is suppose to be closed. So no point taking further interest in it

Pages: [1]
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!