Topic: Building mining farm [Multi-million investment] (Read 223 times)
Hmmm. We're interested in only working by ourselves, kinda want to compete with the other companies. Still lookin for advices :p
Just go with professioinals like giga watt
https://giga-watt.com/
https://www.gigawatt.sg/shop/?_ga=2.208565595.853030196.1514892513-1326677965.1514892513
They have GPU miners and working on a massive motherboard that will allow you to just send them your GPU and they'll plug it in. No ETA on that but you won't be able to out compete them and difficulty will either continually rise until electricity is a major factor in your profits or prices will plummet and only the most efficient will survive which has happened ever other market crash and Ebay gets flooded with dirt cheap GPU's and not enough gamers to buy them all at same time so think long and hard before investing "multi millions" into a mining farm. Start small or go with the pros if you are going to invest serious money.
https://giga-watt.com/
https://www.gigawatt.sg/shop/?_ga=2.208565595.853030196.1514892513-1326677965.1514892513
They have GPU miners and working on a massive motherboard that will allow you to just send them your GPU and they'll plug it in. No ETA on that but you won't be able to out compete them and difficulty will either continually rise until electricity is a major factor in your profits or prices will plummet and only the most efficient will survive which has happened ever other market crash and Ebay gets flooded with dirt cheap GPU's and not enough gamers to buy them all at same time so think long and hard before investing "multi millions" into a mining farm. Start small or go with the pros if you are going to invest serious money.
Hello, fellow miners. I'm new here & I got some questions! 
1st question:
So me and my colleagues got big plans for 2018 regarding GPU mining and we're legitimately interested in people opinions and advices regarding the situation. At the end of January we are getting 4-5 million Euro investment due to contract we signed with a private company for our mining farm. Contract was signed as the ransom lease of equipment, so full equipment price + 15% annual interests. Our priority would be to make the ROI as fast as possible so the equipment ownership would become ours (it's going to be the aforementioned company's property until we pay for it + interests). How would you recommend splitting the latter amount of money for the best mining experience possible. Priorities are ROI & real profit afterwards.
2nd question:
Location of big mining farm. We are based on Northern Europe, in one of the Baltic countries. Some people gave advice to actually have rent of premises in other country like Russia (Kaliningrad perhaps?) or Belarus, the electricity prices there are lower. Standard in our country 0.09 eur / kWH. Need your thoughts about this as well.
Looking forward to hearing from you guys regarding the opinions and possible advices. I will update the thread with further questions.
1st question:
So me and my colleagues got big plans for 2018 regarding GPU mining and we're legitimately interested in people opinions and advices regarding the situation. At the end of January we are getting 4-5 million Euro investment due to contract we signed with a private company for our mining farm. Contract was signed as the ransom lease of equipment, so full equipment price + 15% annual interests. Our priority would be to make the ROI as fast as possible so the equipment ownership would become ours (it's going to be the aforementioned company's property until we pay for it + interests). How would you recommend splitting the latter amount of money for the best mining experience possible. Priorities are ROI & real profit afterwards.
2nd question:
Location of big mining farm. We are based on Northern Europe, in one of the Baltic countries. Some people gave advice to actually have rent of premises in other country like Russia (Kaliningrad perhaps?) or Belarus, the electricity prices there are lower. Standard in our country 0.09 eur / kWH. Need your thoughts about this as well.
Looking forward to hearing from you guys regarding the opinions and possible advices. I will update the thread with further questions.
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