Author

Topic: Flat Rate mining (Read 2002 times)

newbie
Activity: 1
Merit: 0
January 11, 2023, 07:02:15 AM
#12
Hah, good idea. Not too sure your new landlord would be too happy though.

Danish rules for renting out rooms changed very recently, so landlords now have to include the cost of electricity in the rent. This will give you a flat rate.
However, be sure that you are allowed to run a business in the unit. Also, you are not allowed to abuse the flat rate - the law is not specific, but let us be honest, most landlords would see mining on their flat rate precisely that. But Scandinavia id also big on green energy! Have a search on kvikbolig.dk and uthyrningsportal.se. Maybe you can find small farm or forest house not too of grid with it's own windmill for power in Sweden or Denmark!? It is not completely impossible.
sr. member
Activity: 285
Merit: 250
August 19, 2013, 07:48:14 AM
#11
Oh if they are generating you income they are a business all right.  Especially of you rent the whole unit.
legendary
Activity: 3472
Merit: 1722
August 19, 2013, 07:27:10 AM
#10
Also most leases have a clause in them about "not running a business" in your unit. The electric bill plus an inspection of your unit will quickly provide all the evidence the landlord needs to sue your ass (and/or confiscate your entire security deposit) for breach of the lease contract.

Most miners are mining as individuals not as "businesses".
sr. member
Activity: 285
Merit: 250
August 18, 2013, 10:16:29 PM
#9
Some apartment and condo buildings here in Toronto area still offer "free" electricity.  There is no actual bill because the total hydro bill is divided over all owners of the building as part of the maintenance fee (in the case of a condo), or with an apartment its just part of your rent and they dont have actual meters on each unit.  However this is dissapearing rapidly as more buildings convert to a per-unit actual hydro bill
newbie
Activity: 5
Merit: 0
August 14, 2013, 08:01:54 AM
#8
Probably when the electricity bill is about 1000$/month you'll get the police knocking on the door because they think you're growing weed...
donator
Activity: 640
Merit: 500
August 14, 2013, 07:30:50 AM
#7
I admit, probably not the best idea in the world, hence the suggestion part.
Just came to me after working 18 hours straight.  Cheesy
full member
Activity: 150
Merit: 100
Thank you! Thank you! ...
August 12, 2013, 10:37:53 AM
#6
You can rent an appartement for a flatrateprice indeed, but when the owner gets the electricitybill someday he will either raise the rent for it or kick you out ;-)

Also most leases have a clause in them about "not running a business" in your unit. The electric bill plus an inspection of your unit will quickly provide all the evidence the landlord needs to sue your ass (and/or confiscate your entire security deposit) for breach of the lease contract.
donator
Activity: 640
Merit: 500
August 12, 2013, 02:56:46 AM
#5
You can rent an appartement for a flatrateprice indeed, but when the owner gets the electricitybill someday he will either raise the rent for it or kick you out ;-)

The probability of this is very high.  Tongue
g83
sr. member
Activity: 448
Merit: 250
Super Smash Bros. Ultimate Available Now!
August 12, 2013, 02:55:03 AM
#4
You can rent an appartement for a flatrateprice indeed, but when the owner gets the electricitybill someday he will either raise the rent for it or kick you out ;-)
donator
Activity: 640
Merit: 500
August 12, 2013, 02:53:47 AM
#3
Were you on crack when u had this idea?

Explain ?
hero member
Activity: 518
Merit: 500
August 12, 2013, 02:49:49 AM
#2
Were you on crack when u had this idea?
donator
Activity: 640
Merit: 500
August 12, 2013, 02:33:54 AM
#1
So I had this idea. Would it be possible to rent an apartment provided this apartment have free electricity usage, and place miners all over it...

This would effectively give a flat rate to pay each month for mining bitcoin.

Any suggestions ?
Jump to: