Subscribing to this thread; Interested in investment in this project should it get off the ground.
Topic: [GLBSE] Help me define a new mining operation - page 2. (Read 2542 times)
What about a BFL farm if they can meet the demand or a farm of Rig Box devices ?
That would be something new and not done before in the community.
That would be something new and not done before in the community.
I've thought about that. I suspect FPGA rigs like that might be the future, but I'm not ready to make that jump for the following reasons:
1) Who knows if/when BFL will deliver the big boxes and what their real specs will be
2) I already have the 6990's and can easily add more (infrastructure is in place to expand)
3) Current FPGA's aren't as attractive when power is very cheap ($/Mh is high to acquire)
4) GPUs can be rented out to do other kinds of processing if bitcoin mining loses profitability
5) You can always sell GPUs to gamers
What about a BFL farm if they can meet the demand or a farm of Rig Box devices ?
That would be something new and not done before in the community.
That would be something new and not done before in the community.
rapid expansion plan
regular dividends per week
sounds very promissing
Hi everyone-
I'm looking for your ideas about what would be nice to see in a new mining organization with features that get people excited to invest and be an investor - something interesting and lucrative.
Here is the short of it:
I am looking for your suggestions on what you would want to see in a new mining operation. More dividends, more reinvestment, maximize profits, expansion into other uses for hashes (e.g. render farm, penetration testing, etc.)?? With your suggestions I hope to define the organization this weekend with an IPO next week.
I'm looking for your ideas about what would be nice to see in a new mining organization with features that get people excited to invest and be an investor - something interesting and lucrative.
Here is the short of it:
- In terms of credentials, I've been an active forum member for a long time and currently run a ~40Gh mining farm (mostly on maxbtc.com) - [note: this farm won't be part of the new mining company]
- I recently acquired 30 x 6990 GPUs in order to build a new ~18Gh farm
- I am looking to raise about 1000 btc in exchange for ownership in this new 18Gh farm
- The capital would be used to build rigs for the 6990's and upgrade power and ventilation in my data center
- Mining is quite profitable for me. I have facility and network fixed costs (which get lower as I add more rigs), but I only pay 5.2 cents/kwh in power
- Once I hit 50kVA in a month through expansion, or if I move to another county a bit further out, the power price will drop near 3 cents/kwh
I am looking for your suggestions on what you would want to see in a new mining operation. More dividends, more reinvestment, maximize profits, expansion into other uses for hashes (e.g. render farm, penetration testing, etc.)?? With your suggestions I hope to define the organization this weekend with an IPO next week.
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