Business Proposal for people around Delhi with GPUs

skang

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Quote from: deadley on April 15, 2013, 08:33:25 AM

50% is too much becoz electricity cost only around 25% don't you think you are asking much.

Well I don't think so, but %ge is an arbitrary depending on what hashrate are we talking about...
I will say we could start with 25% and then observe and readjust after say 10 days? That should be fair enough?

deadley

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50% is too much becoz electricity cost only around 25% don't you think you are asking much.

skang

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Quote from: deadley on April 15, 2013, 07:21:08 AM

Quote from: skang on April 15, 2013, 06:42:12 AM

Quote from: deadley on April 15, 2013, 06:08:36 AM

hi

send me details I am interested

PMed you

50% of coins we mine will take you.

is it your offer or something else

Yes, as a cost for providing electricity, AC, cleanliness and security against theft/accidents.

deadley

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Quote from: skang on April 15, 2013, 06:42:12 AM

Quote from: deadley on April 15, 2013, 06:08:36 AM

hi

send me details I am interested

PMed you

50% of coins we mine will take you.

is it your offer or something else

skang

sr. member

Activity: 452

Merit: 252

from democracy to self-rule.

Quote from: deadley on April 15, 2013, 06:08:36 AM

hi

send me details I am interested

PMed you

deadley

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Activity: 2562

Merit: 1064

hi

send me details I am interested

legendster

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www.V.systems

Quote from: skang on April 11, 2013, 07:42:37 AM

Quote from: legendster on April 10, 2013, 09:47:29 AM

Who needs high wattage GPU's ? We got FPGA's !! GPU mining is dead for good and the only BEST way of getting the FPGA's is by building one.

We can get the idea of what we need from fpgamining.com and some electrical engg. guy to help us out.

Go ahead and work on it. I will arrange funds once you have the full business proposal ready.

If you are really serious about it ....

here's some more info I have traced a few labs in Mumbai through online searches who pioneer in making FPGA boards and they teach post graduates about these things, basically these are institutes.

i have contacted them and they said they can help me with construction if i supply them withthe chips and then there is monetary compensation that they need as well.

If you are really serious about it get in touch with me through PM or start up another Post topic and send the link there we'll start talking. With the ASIC's hitting the market it is CRUCIAL to start as early as possible.

skang

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Activity: 452

Merit: 252

from democracy to self-rule.

Quote from: legendster on April 10, 2013, 09:47:29 AM

Who needs high wattage GPU's ? We got FPGA's !! GPU mining is dead for good and the only BEST way of getting the FPGA's is by building one.

We can get the idea of what we need from fpgamining.com and some electrical engg. guy to help us out.

Go ahead and work on it. I will arrange funds once you have the full business proposal ready.

legendster

hero member

Activity: 1778

Merit: 764

www.V.systems

Who needs high wattage GPU's ? We got FPGA's !! GPU mining is dead for good and the only BEST way of getting the FPGA's is by building one.

We can get the idea of what we need from fpgamining.com and some electrical engg. guy to help us out.

skang

sr. member

Activity: 452

Merit: 252

from democracy to self-rule.

Quote from: legendster on April 10, 2013, 08:27:15 AM

Few very basic points.
If someone has the money to buy a rig why would they 'invest' on you ? wont they simply run the rigs themselves pay a little for the electricity - which is really cheap in India, and rather keep the 100% profit themselves ?

With that said,
I really am interested in a joint venture, but My idea is to develop our own fpga farm and the cost to be born by the 'shareholders' of the farm.
Simple idea each share is 10% of the total cost of the farm & no single person can own more than 1 share.

with something like that on the table you'll have someone like me onboard.

I doubt electricity is cheap here if you account cooling. Running the AC 24 hours with high wattage GPUs definitely isn't cheap.

About your plan, how do you suggest we procure the FPGAs?

legendster

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Activity: 1778

Merit: 764

www.V.systems

Few very basic points.
If someone has the money to buy a rig why would they 'invest' on you ? wont they simply run the rigs themselves pay a little for the electricity - which is really cheap in India, and rather keep the 100% profit themselves ?

With that said,
I really am interested in a joint venture, but My idea is to develop our own fpga farm and the cost to be born by the 'shareholders' of the farm.
Simple idea each share is 10% of the total cost of the farm & no single person can own more than 1 share.

with something like that on the table you'll have someone like me onboard.

skang

sr. member

Activity: 452

Merit: 252

from democracy to self-rule.

Quote from: heart on April 09, 2013, 05:14:55 PM

@skang

Being a new guy here, cant send pm to you I guess. Can you send me your contact number?

Thx

Messaged you

heart

newbie

Activity: 1

Merit: 0

@skang

Being a new guy here, cant send pm to you I guess. Can you send me your contact number?

Thx

skang

sr. member

Activity: 452

Merit: 252

from democracy to self-rule.

Quote from: wtman on April 05, 2013, 02:05:25 PM

How much are you looking for? Would you mine ppcoins?

Message me the details along with your name

PMed you.

wtman

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How much are you looking for? Would you mine ppcoins?

Message me the details along with your name

Pinwheel

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Quote from: skang on April 02, 2013, 07:24:20 AM

Discussion about BL and their ASIC's aside, lets not sway from the purpose of this thread.

If you wish to invest in hardware, reply.
Two options :
1 Ship any hardware to my place and I will run it for you, take back whenever you want.

thanks I would rather run it myself, it did not take much time at all.

Quote

2 Invest for any hardware of your choice available in Delhi. I will go buy it with your money and run it, share profits 50%. Take it back whenever you want. [Nehru Place is a big IT hub and has almost every hardware at the cheapest India price.]

I do not have idea about hardware available in Nehru place, What I really want to know, what will be return from such investment. I can easily spend 10L or more on hardware, but what concerns me, how profitable it will be.

for example, if you can get me BFL mini RIG I will pay 90K usd in cash for it, or more... It cost 30K usd on preorder. Why to pay triple? because it will payback in one week.

skang

sr. member

Activity: 452

Merit: 252

from democracy to self-rule.

Discussion about BL and their ASIC's aside, lets not sway from the purpose of this thread.

If you wish to invest in hardware, reply.
Two options :
1 Ship any hardware to my place and I will run it for you, take back whenever you want.
2 Invest for any hardware of your choice available in Delhi. I will go buy it with your money and run it, share profits 50%. Take it back whenever you want. [Nehru Place is a big IT hub and has almost every hardware at the cheapest India price.]

Pinwheel

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Activity: 378

Merit: 250

I ordered FPGAs more then year ago, then paid for conversion of FPGA into ASIC and then ordered more ASICs.

I really dont care if it is scam or not. TO WIN IT, YOU HAVE TO BE IN IT.

Investing is not a problems, question is what returns will be. Let say I will invest 10L in hardware, how fast it will pay back, how it will be possible to achieve.

Benson Samuel

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Landscaping Bitcoin for India!

I don't think it is a scam, but may take too long before orders are fulfilled.

skang

sr. member

Activity: 452

Merit: 252

from democracy to self-rule.

Quote from: Pinwheel on April 02, 2013, 04:35:12 AM

I'm on top of the waiting list for BL ASICs last what they promised to start shipping first week of April. Even if will receive it. I will run it my self, ASCIs did not take much of electricity.

So when did you order and which model?
I see them as a scam as of now and with no sign of delivering in near future as there is no proof of even a working prototype anywhere.

If you havent ordered yet, my proposal looks good : Invest in hardware, which I will run for you. When ASICs arrive take back your hardware or I sell it and pay you.

Topic: Business Proposal for people around Delhi with GPUs (Read 3067 times)