Yes, if you think you'll profit from it (you should) then yes it would be a good idea.
Enterpoint is based in England so you will at the least have a local supplier of FPGA's.
Also once you grow, like some get yourself listed on GLBSE and sell a portion of your mining as a security as shares.
One thing I've learnt since I got into bitcoin, don't wait around to do something if you think it might be a good idea, atleast give it a go.
Topic: Creating an offical Bitcoin mining company? - page 2. (Read 3415 times)
Would making a Bitcoin mining company based in the UK, along with an online store selling items that can be bought with BTC, be a good idea? The company will be registered and will pay full tax contributions as any other regular company.
This company would then be supporting the Bitcoin network with consistent mining and would also come under UK business laws, which would give the company and anyone that deals with it, a form of security.
Would this be a good idea? If not, what are the reasons?
Is there any problems that the company could face in the future?
Thanks
This company would then be supporting the Bitcoin network with consistent mining and would also come under UK business laws, which would give the company and anyone that deals with it, a form of security.
Would this be a good idea? If not, what are the reasons?
Is there any problems that the company could face in the future?
Thanks
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