Topic: Bitcoin Mine opportunity with ultra-cheap electricity - page 2. (Read 8156 times)
This guy is full of shit. Nothing is "in the planning phase" for this length of time. He is a scammer and will steal any money you give him. Ignore his dumb ass.
Still on the planning phase.
I'm interested. Send me a PM when you got more info! 
Any update on this? Is this still happening or has the project been abandoned?
I am interested in your project.
Can you define the minumum amount of money you need to start your project?
Pls. also explain how you are going to import 100 S5 to Venezuela?Do you have a company?Do you need a company?
Will the investor be the owner/partner of the company?Or how are you going to organize it?
Can you define the minumum amount of money you need to start your project?
Pls. also explain how you are going to import 100 S5 to Venezuela?Do you have a company?Do you need a company?
Will the investor be the owner/partner of the company?Or how are you going to organize it?
As i stated back then, this project isn't set in stone yet, but i have ballpark figures of around 100 BTC per "shop", probably less when figuring out real costs.
Importing Miners to Venezuela is easy with the plethora of couriers that do Miami->Door handling nowadays. Me and my group of friends import a lot of miners monthly and there's no issue handling them.
"Investors" will be owners of their respective "shop", so in a sense, it will be like buying a shop in a mall, but this building is exclusively targeted at HPC.
I am interested in your project.
Can you define the minumum amount of money you need to start your project?
Pls. also explain how you are going to import 100 S5 to Venezuela?Do you have a company?Do you need a company?
Will the investor be the owner/partner of the company?Or how are you going to organize it?
Can you define the minumum amount of money you need to start your project?
Pls. also explain how you are going to import 100 S5 to Venezuela?Do you have a company?Do you need a company?
Will the investor be the owner/partner of the company?Or how are you going to organize it?
I do believe you.
I 'm a neighbor from Brazil and know how your government is "helping' the country.
-By the way, how people in Venezuela is bringing electronics inside country ? via paraguay?
(Venezuela has very high taxes for electronics right?)
I 'm a neighbor from Brazil and know how your government is "helping' the country.
-By the way, how people in Venezuela is bringing electronics inside country ? via paraguay?
(Venezuela has very high taxes for electronics right?)
The tax is 25%, not that much as cars (100% tax).
There are several couriers nowadays that bring everything you buy from Miami to the country, and they work pretty well
I do believe you.
I 'm a neighbor from Brazil and know how your government is "helping' the country.
-By the way, how people in Venezuela is bringing electronics inside country ? via paraguay?
(Venezuela has very high taxes for electronics right?)
I 'm a neighbor from Brazil and know how your government is "helping' the country.
-By the way, how people in Venezuela is bringing electronics inside country ? via paraguay?
(Venezuela has very high taxes for electronics right?)
I suggest you organize a investment group to finance you,you paying interest and showing your partial progress.
per example.
10 S5 miners
+ infrastructure
+ your work
+energy cost X
detailing and proving
in a rented apartment
how much it will cost total, selling 20 shares per example that you will pay an interest of 2.2%month+return in 12 months (it is your first public project) For this high interest, you can make the obligation that it can't be anonymous the investment as if it works, you will replicate it to other users, so you want a proof that it worked...
per example.
10 S5 miners
+ infrastructure
+ your work
+energy cost X
detailing and proving
in a rented apartment
how much it will cost total, selling 20 shares per example that you will pay an interest of 2.2%month+return in 12 months (it is your first public project) For this high interest, you can make the obligation that it can't be anonymous the investment as if it works, you will replicate it to other users, so you want a proof that it worked...
Yeah, that's what i'm doing on a private basis... not much to ask there as i have the capital to have a small apartment with 15-20 miners.
By the way, with this cheap energy/costs can't you find a loan? sell your car/finance in a bank/loan shark/ask mom :p
As i said already, for low amounts, i already have the capital (20 miners atm, building up more), A bank credit here is at most, about ~$3000 (don't believe me? check out my bank, www.bancomercantil.com in the personal loans section, or any other Venezuelan bank, divide that by the price of bitcoin either on btcparalelo.com or bitven.com). Selling my car would net me at most another 3-4K... my mom is poorer than me, same as the whole family... i know several people that have a good amount of money, but most of them have alredy their own mines and don't care building more. Loan shark: no way. Better use BTCJam and i'm good to go.
Also, the idea is help decentralize mining, once again, not get a huge mine for me, as mining interest is declining on a lot of places and that impacts on the Bitcoin ecosystem as a whole.
Anyways... i'm just gauging interest here, not taking money atm.
I suggest you organize a investment group to finance you,you paying interest and showing your partial progress.
per example.
10 S5 miners
+ infrastructure
+ your work
+energy cost X
detailing and proving
in a rented apartment
how much it will cost total, selling 20 shares per example that you will pay an interest of 2.2%month+return in 12 months (it is your first public project) For this high interest, you can make the obligation that it can't be anonymous the investment as if it works, you will replicate it to other users, so you want a proof that it worked...
Then you ask for bitcoins...
----
By the way, with this cheap energy/costs can't you find a loan? sell your car/finance in a bank/loan shark/ask mom :p
good luck
per example.
10 S5 miners
+ infrastructure
+ your work
+energy cost X
detailing and proving
in a rented apartment
how much it will cost total, selling 20 shares per example that you will pay an interest of 2.2%month+return in 12 months (it is your first public project) For this high interest, you can make the obligation that it can't be anonymous the investment as if it works, you will replicate it to other users, so you want a proof that it worked...
Then you ask for bitcoins...
----
By the way, with this cheap energy/costs can't you find a loan? sell your car/finance in a bank/loan shark/ask mom :p
good luck
Have you tried to promote your idea on Bitcoin Venezuela? Or are you trying to keep this low profile for the moment?
Most people on "Bitcoin Venezuela" haven't got the muscle to take part on this initiative, and the ones that do, i know them already or they can read this post too.
thats quite interesting I'll take a look into it
:-)
:-)
Have you tried to promote your idea on Bitcoin Venezuela? Or are you trying to keep this low profile for the moment?
my concern would be the regulation in Venezuela. I believe the state has quite significant powers over nationalisation of assets that become either very productive or in any way could be considered at odds with authorities.
You are right to be concerned as should anyone else thinking of starting a business or putting their assets in Venezuela!
http://www.bloomberg.com/news/articles/2015-07-30/venezuela-seizes-nestle-polar-warehouse-as-food-shortages-mount
http://www.businessinsider.com/r-venezuela-troops-occupy-polar-food-distribution-warehouses-2015-7
Don't sensationalize that... you don't see seizing of IBMs ultra big datacenter, or Clover's data warehouse, or Dayco's datacenter.
Tech companies are not publically hated as much as things poor people use to fill their bellies.
Also, if you don't live here, don't believe anything you see on the news. That seizing is just pawns being moved for media noise.
my concern would be the regulation in Venezuela. I believe the state has quite significant powers over nationalisation of assets that become either very productive or in any way could be considered at odds with authorities.
You are right to be concerned as should anyone else thinking of starting a business or putting their assets in Venezuela!
http://www.bloomberg.com/news/articles/2015-07-30/venezuela-seizes-nestle-polar-warehouse-as-food-shortages-mount
http://www.businessinsider.com/r-venezuela-troops-occupy-polar-food-distribution-warehouses-2015-7
Así que básicamente ofreces una especie de "centro comercial" donde las tiendas están diseñadas para comodar hardware de minado? Planeas ofrecer o alquilar los mineros? o cada quien se encarga de buscarlos?
Recuerda que no estamos en la sección en español del foro, usar un idioma diferente al inglés en esta sección es mala prácticaYes, it works kinda like a mall, but has WAY more facilities targetted to miners. There won't be (at least initially) leased/sold hardware, just space. There will be personell dedicated to handling shipments and accomodating hardware on the "shops", that would be part of the monthly cost.
I would like to move to VE and retire there. Is that possible?
Several people take that decision, even at official rate of SIMADI (200 VEF/USD) 1000 USD would give you almost a year of living above the average.
If local authorities find out, is it likely the hardware will be confiscated?
That is exactly what would happen once authorities find out what he is doing (stealing government subsidized electricity).Better not to especulate over something you don't know about pal.
36Kw "commercial" (read, non-subsidized) meters are usual on the country. In fact, i have my office in a building with 4 36Kw "places" (although my office's one is a 20Kw meter).
The fact that the building idea is to have upfront datacenter focused electricity, and create a development in an area where there are SEVERAL companies doing that already should hint that this is, by far, not illegal.
The electricity here is substantially cheaper than anywhere else because 80% of it comes from hydroelectric generators on the Guri Dam. The rest comes from excess production of either oil or gas. Also, there are parts of the country already with wind and solar, namely the Falcon State, so there's that too.
I would like to move to VE and retire there. Is that possible?
Así que básicamente ofreces una especie de "centro comercial" donde las tiendas están diseñadas para comodar hardware de minado? Planeas ofrecer o alquilar los mineros? o cada quien se encarga de buscarlos?
If local authorities find out, is it likely the hardware will be confiscated?
That is exactly what would happen once authorities find out what he is doing (stealing government subsidized electricity).Better not to especulate over something you don't know about pal.
36Kw "commercial" (read, non-subsidized) meters are usual on the country. In fact, i have my office in a building with 4 36Kw "places" (although my office's one is a 20Kw meter).
The fact that the building idea is to have upfront datacenter focused electricity, and create a development in an area where there are SEVERAL companies doing that already should hint that this is, by far, not illegal.
The electricity here is substantially cheaper than anywhere else because 80% of it comes from hydroelectric generators on the Guri Dam. The rest comes from excess production of either oil or gas. Also, there are parts of the country already with wind and solar, namely the Falcon State, so there's that too.
If local authorities find out, is it likely the hardware will be confiscated?
That is exactly what would happen once authorities find out what he is doing (stealing government subsidized electricity).Jump to: