Topic: I am looking for a serious partner or investor for new mining equipment (Read 1143 times)

I'll send you a PM with the details.

SS or it didnt happen.

Where is the proof? I am sure that you will easily find investors if you have chips that can run at 0.4W/GH.

I am looking to see if anyone would like to partner up and invest in building new bitcoin miners. I have spent a good deal of efforts, time and money working with an engineer to take a currently available ASIC chip and make it better.

Everything was going good and our designs prove to be able to hash better than any unit out there now. Lower power consumption and better hashing rates are achievable. To keep things simple, everything was going as planned and the engineering was coming along. Then the asic chips provider who is willing to sell the individual chips is stating that the minimum order needs to be 15,000 chips minimum.

Each miner will use anywhere from 25-100 chips, it's still experimental. But the quantity of chips the manufacture is requesting is out of our league. I was expecting to be able to buy 100 chips at a time and print our circuit boards to work with power efficient power supplies to achieve a good hash rate at a really cheap electrical rate. Maybe build one unit at a time.

The good news for a new partner or investor is that if this can become possible, 15,000 of these asic chips would power about a mining farm of about 3,000 TH/s. We could manufacture 300 10Th/s miners at about 4,000 - 5,000 watts per unit at the wall 220v and mine for ourselves. That is around 3PH/s of mining power. This would become profitable in less than 7 months to double our investment. Anything after that would be our profit (minus the electric bill).

I'm guessing the investment required would be around 1 million dollars. I am not 100% sure yet, but the more miners we can manufacture - the better. I don't want to go into too many details until I find someone serious about this. I am a business owner and have perfect credit, I just don't qualify for a loan amount this big. Maybe someone out there can make this a reality with me. I would offer not to make a penny until all debts are paid off, we can mine to your wallet and after the debt is paid, I would like to split everything 50/50%.

It could also workout that after 7 months of mining to pay off the debt, we could sell the miners to others. The miners are designed to be 2U rackable and datacenter ready @ 10TH/s per unit with around 4,000 Watts at the wall. This could perhaps fund our next generation of miners.

Again, I am just thinking outloud. I had this all planned and have invested serious time and money to engineer all this to work. I don't want to go into specifics as to who the asic chip provider is, but I am happy to discuss with the right person if you are serious too. I can bring everything I have forward if the right partner / investor comes along. Everything was going great until I ran across the asic manufacture's minimum asic purchase requirement of 15,000 minimum units per order.

Let me know if you think this could work. I would be willing to enter into an agreement and apply for a business loan with my credit if I feel this would profit both parties. Thank you for your time and I look forward to seeing how this goes.