Mining farm in Iran

[sotoshihero]

Hello all,
I live in Iran and as you may know , Iran is going to Use bitcoin at major scale because of national sanctions.
Also I have a large land in Iran,  it's around 7,000 km2 , in around 200 km2 of this land have an Iron Mine and recently I get certification and goverment authority to build a cryptocurrency farm, but I don't have any knowledge about it. So what should I do ? Can i find any investor or partner to do it?

You will end up in a trial error and you're not going to likely set up your mining farm, on all business ventures technical knowledge is very important, it's the heart and bloodline of any business, as long as you know your business getting capital is easy, going back to your issue, you should just do a partnership, employing people right away will get you nowhere, on partnership you will be helping each other to set up your business, sole proprietorship will not work in your case.

This is a sound advice, get a partner who is knowledgeable in the business your venturing.This way you can start a business right away and minimize some error. Just put all in writing have contract for the terms you both agreed so that its legit and smooth sailing.Hope you find a reliable partner,good luck.

[Diced90]

If I were you, I would set up an Iranian exchange. That would be much profitable I guess?

You are not reading the content of his post, he has a piece of land that can be used for the mining farm, and he doesn't have the technical knowledge to set up one, he wants a mining farm because he already has a certification, now why urge him to set up an exchange when he has no technical knowledge and his interest on mining farm because of the land he has, and besides you needs big money and a coding skill to set up an exchange.

That guy is a shitposter. Don't mind him.
Honestly, I also have a hard time believing anything that the OP says as well. No way someone has so much land, they could build a castle or whatever. Build small domiciles and rent it out.
Before we deviate from topic, here's what OP should really do.

Take out some loan to build a huge ass solar farm. Earn from the electricity, pay off debt and then slowly build up the mining farm. This would be a game for the long haul. I am not sure how much time OP has in their hand and if they are indeed interested in doing so.

[stompix]

~

he is trolling and there is literary no way he could get a loan of that magnitude with such a small interest rate as i asked him in that topic before he disappeared from the face of this forum! i am still looking forward for more information from him though...

as for "temperature and electricity" you are wrong. Iran has one of the most diverse climates of the entire world https://en.wikipedia.org/wiki/Iran#Climate
as for electricity, the cost is low but there is a new law that went into effect a couple of months ago that bitcoin miners have to pay taxes for mining bitcoin and i believe their electricity cost is calculated differently too.

Well, ignoring the fact the user disappeared, giving him the befit of doubt that he wanted to say m2 not km2 and so on...
I wouldn't set up a mining farm there if I were a foreign investor.

First, the risks of investing in a foreign country, the obvious government agenda against foreigners.
Second, yeah, it might have the 11 climates but the really cold ones are in the mountainous areas and very few of those places are close to some inhabited zones, are you going to build a mining farm with miners worth millions that could be loaded into a truck in a few hours 200km away from the first village?

I would stay away from risk zones and even from some of the ex soviets states, the risks are not worth it since there are so many countries with cheap energy and far more secure and friendly.

As for the OP, if he really means it he should probably search for the partner in his own country or between his own friends and acquaintances, here the chances are slim to none.

[AnoniX1]

If I would invest money, the Iran isn't the country I'm looking for.
I know it's not your fault and maybe your a nice guy, but how you can guarantee that your regime isn't take down my farm one day?
Constitutional states are the only option imo.

Your chance is quite better to find an investor directly in Iran.

[hotcryptonews.org]

Buy a small equipment and start mining on small scale. You will learn while you are doing this, and you will learn and know if it is worth expanding.

[Kemarit]

I guess you need to read this, Iran announces power tariffs for crypto miners; offers bounty for exposing illegal operations.

Not unless you wanna pay that tariff and I'm expecting it to be huge, so there's a huge risk as other have mentioned. So I guess it will be better to scrap that idea, or get out of Iran if you really wanted to have a bitcoin mining farm, IMHO.

[coin-investor]

I guess you need to read this, Iran announces power tariffs for crypto miners; offers bounty for exposing illegal operations.

Not unless you wanna pay that tariff and I'm expecting it to be huge, so there's a huge risk as other have mentioned. So I guess it will be better to scrap that idea, or get out of Iran if you really wanted to have a bitcoin mining farm, IMHO.

I think OP stated that he already got a mining certification 

I get certification and government authority to build a cryptocurrency farm

he should just follow all the existing regulations on how to run one if he is that serious, it's better to do a partnership to someone or a group that are experts on how to set up mining rigs, and everything should be in contract, and under government monitoring.

[Kemarit]

I guess you need to read this, Iran announces power tariffs for crypto miners; offers bounty for exposing illegal operations.

Not unless you wanna pay that tariff and I'm expecting it to be huge, so there's a huge risk as other have mentioned. So I guess it will be better to scrap that idea, or get out of Iran if you really wanted to have a bitcoin mining farm, IMHO.

I think OP stated that he already got a mining certification 

I get certification and government authority to build a cryptocurrency farm

he should just follow all the existing regulations on how to run one if he is that serious, it's better to do a partnership to someone or a group that are experts on how to set up mining rigs, and everything should be in contract, and under government monitoring.

But if everything is under government monitoring then he can't go full blast with his project and it could take years before he can get his ROI. So there are still risk here on his end as we all know that their government is very unstable so I'm not sure if this is the right idea specially in his country, just saying.