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Author Topic: Mining farm setup in India.  (Read 93 times)
Real14Hero
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May 05, 2018, 04:14:40 AM
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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.
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May 05, 2018, 06:59:49 AM
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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
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May 05, 2018, 07:54:08 AM
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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


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May 05, 2018, 08:36:33 PM
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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



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Real14Hero
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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
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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
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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
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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

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