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Author Topic: Small mining co-op Opportunity  (Read 768 times)
WeMineCoins
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September 16, 2014, 03:34:09 AM
 #1

I have a location available to me and access to electricity rates as low as $0.029 per kWh (with the possibility to go lower). It does not have the electrical built out yet and though I have the funds to do that myself I'm checking to see if anyone else want's to go in on this venture with me.

Cost to build out the electrical is 25k.
Details on electrical build out 2 x 200 amp panels.
Space available to us 1 - 10,000 SQF. (We will likely not use that much space before I offer this as a public service)
Ability to have more than 1000+ amps installed at the location.
I'm paying for location costs 100% myself.

What someone who gets in at this stage would get?
When I offer this as a space for colocation you will only pay the at cost of electricity to put your machines there forever (some restrictions would apply to this)
Equity (how much is to be determined based on the interest in this offering.)

I'm looking for 5 people each willing to put 5k into this venture.

Email me if interested at admin@weminecoins.com

The Technical Founder of WeMineCoins
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joesmoe2012
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September 17, 2014, 12:59:10 AM
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Where would this be located?

Is it data center space with adequare cooling and such?

WeMineCoins
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September 17, 2014, 01:37:24 AM
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Where would this be located?

Is it data center space with adequare cooling and such?


Location Sioux Falls, SD. And there is no temperature control but since we'll be using a couple hundred SQF in a 10k+ warehouse (like most mining locations they are not traditional datacenters just converted warehouse space) keep in mind how much hashing power can fit in even 100 SQF so there is no need to worry about heat unless I was planning on using all the space and I'm not looking to make that big of an offering at this time so it'll keep cool just fine. Another question I got through email is security since the location also holds a contract with the DOD they are very secure.

The Technical Founder of WeMineCoins
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