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Topic: Business Opportunity to invest in a GPU Mining Farm (Read 990 times)

sr. member
Activity: 280
Merit: 250
waste of time in this altcoin dump times...
6months in cryptocurrencies is like 6years in real life.

It was wise to do so when you could earn-back your videocards in 1.5month ,now I dont even run my 4mhs system because I dont get much more profit then I spend in electricity.

Thanks for the feedback Smiley Personally I too do not feel like gambling on and holding on to a particular shitcoin from the hundreds out there, following it closely, etc I find renting it out to those who do see a strategy in mining much more convenient... you get paid in BTC and don't really need to worry about any dumpings of any currencies. Plus when BTC will rise in the next 2-3 months to come, its going to make the ROI even more quicker.
member
Activity: 70
Merit: 10
waste of time in this altcoin dump times...
6months in cryptocurrencies is like 6years in real life.

It was wise to do so when you could earn-back your videocards in 1.5month ,now I dont even run my 4mhs system because I dont get much more profit then I spend in electricity.
sr. member
Activity: 280
Merit: 250
Hi, I've been running a mid sized 8Mh/s farm at home for the last 2 months and am beginning to really see the business possibilities of renting out rigs. Bigger farms can charge a premium over the smaller ones and have been kicking around the idea of looking at building a proper commercial scale mining farm that will provide a steady income over the months to come. I have a safe and reliable business plan in mind, and am wondering what the scope is for raising the money from potential investors who are looking for a no hassle method of getting a steady income (proportional to their investment).

From my calculations, I'm looking at a 100% ROI in 12 months and its pure profit after that. I already have three people ready to invest, and would like to spread the investments into as many people as possible.
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