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Author Topic: Private mining rig investing  (Read 1009 times)
ShadowAlexey
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April 22, 2012, 10:45:57 AM
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Are lenders interested in investing btc(up to 500btc) for making small private farms(up to 3ghs)??
So person provide configuration  and costs, and if it suits to you you give him the money. He mines for you(paying back to your wallet) for some period(a year probably).
All accompanying costs are taken by the miner.
So this would increase network stability, invite some new people in the system, and will make it more decentralized.
Or is it just better to buy some mining shares in GLBSE?
This is not about profit, but about making system more reliable and secure.
So now we are talking probably about 7970(600mhs) or 7990(1200mhs),wich would cost about 100-130btc or 200-250btc for a single. And given you 0.35\0.70 a day. Which would give you 130\260 btc a year in current rates(which would probably get worser). Period could be increased, but i`m not sure this would help a lot.
What are your thoughts about it?
I`m not talking about my self right now, i`m talking about the idea.

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April 22, 2012, 10:49:33 AM
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Maybe they would.
But to a 51 poster, they wouldnt.
Even me, an almost-250-poster would be refused.
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April 22, 2012, 10:54:22 AM
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You'll need to provide extensive verification of yourself to even get this started. Much like a GLBSE verification process.

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April 22, 2012, 11:01:43 AM
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I`m not talking about my self right now, i`m talking about the idea.
Will people with btc be interested in investing people having technical knowledge to run their farm with probably no interest in future.
I`m not talking about trustworthiness right now.

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April 26, 2012, 07:27:32 AM
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I would be reticent to invest in any GPU-based operation for a period longer than 6 months. There's some uncertainty regarding effects from the coming reward halving, and the transition to FPGA/ASIC mining.

For starters, there would have to be energy costs of <USD$0.08/kWh and periodic coin investment at a return-generating depository.
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April 26, 2012, 09:28:58 AM
 #6

For starters, there would have to be energy costs of <USD$0.08/kWh and periodic coin investment at a return-generating depository.
Well,I was talking about a fact that person will take all energy cost.
So the main idea right now is that there is all most no point in building GPU mining system with current hardware.So are investors ready to invest in system in order to maintain it. Or we could get even hashing power down in near future. Because FPGA\ASIC are not widespread, there is all most no warranty for them + they win only in power efficiently  and scalability, which suits for big mining farms, but this doesnt seems to be rights for the system. So ordinary people could get interesting in building farms, paying for cpu,psu,so on, if they would get GPU free after some time. And they will maintain network in good condition,using p2p pool.
Are there some one interested in it. Or this is pointless?

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April 27, 2012, 05:35:59 AM
 #7

Maybe they would.
But to a 51 poster, they wouldnt.
Even me, an almost-250-poster would be refused.
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