remember not everything is about electricity quality and availability.
You have to take into account a good and stable internet connection and also the weather conditions. I mean if the place is cool and dry, that would be the best for your mine project.
Topic: I have access to electricity with 0 cost, need someone to invest in a farm - page 2. (Read 3970 times)
October 26, 2017, 09:20:16 AM
October 25, 2017, 11:30:39 PM
hi guys, I have electricity with zero cost and building where we can make a farm (building needs to be reorganized). I'm new around this topic but researched a lot past 2 days and finally got conclusion that's mining is only profitable with very low or 0 cost electricity so it's nice opportunity 
. If someone is interested please let me know. I'm thinking about investment under 50k from the beginning and if everything goes well then we go big 
I'll appreciate if you tell me any other useful places to post all about this
P.S Country : Georgia. (bitfury invested 100 mln here for building megafarm
)
. If someone is interested please let me know. I'm thinking about investment under 50k from the beginning and if everything goes well then we go big I'll appreciate if you tell me any other useful places to post all about this
P.S Country : Georgia. (bitfury invested 100 mln here for building megafarm
)if we are in the same city then maybe i will considering to invest for building mining farm but unfortunately we are in different city and country and we are is a long distance so i can not check directly the conditions. i think you can get a loan from the bank near you so you can start to build your mining farm but if you go with this way, then you need to pay back the loans. if you have electricity with zero cost, i think you can make big profitable but don't mining bitcoin because today the difficulty is increase and in future, the difficulty will also more higher so its better if you can mining altcoin.
October 25, 2017, 08:37:45 PM
In this case it's good for you run a project for your local crypto miner in your city not on the net. How we can trust and verify everything from you.
As this potential market, a lot people looking a farm like this. They should share you profits and come to check face 2 face too
As this potential market, a lot people looking a farm like this. They should share you profits and come to check face 2 face too
October 22, 2017, 03:44:12 PM
I do not think there is a place with 0 cost of electricity, but if OP saying that in their place are free elwctricity i think that is the best place to build a mining site which all your mine coin is treat as income.
Now since OP is newbie its hard to give trust and make huge investment in his offer, OP need to start even small mining rigs at his own capital or what mining rigs he can afford since 0 electricity the roi will be more faster than usual mining sites which paying their consumed electricity.
I'm always wondering anytime I do read up these kind of post on where those people do get 0 cost electricity which is really awesome knowing that all necessities on life do really always have a cost. If your government do pay up on those electricity expenses then it isn't still free at all and yet they would still need to pay up on the consumed energy and once you do make use of it there would really be a sudden bump on consumption which would really lead up for more questions regarding on your activity and regarding on the proposal I can say that no one would able to entrust for this kind of project specially theres no guaranteed being stated on its possible investor. Now since OP is newbie its hard to give trust and make huge investment in his offer, OP need to start even small mining rigs at his own capital or what mining rigs he can afford since 0 electricity the roi will be more faster than usual mining sites which paying their consumed electricity.
October 21, 2017, 10:23:19 PM
I do not think there is a place with 0 cost of electricity, but if OP saying that in their place are free elwctricity i think that is the best place to build a mining site which all your mine coin is treat as income.
Now since OP is newbie its hard to give trust and make huge investment in his offer, OP need to start even small mining rigs at his own capital or what mining rigs he can afford since 0 electricity the roi will be more faster than usual mining sites which paying their consumed electricity.
Now since OP is newbie its hard to give trust and make huge investment in his offer, OP need to start even small mining rigs at his own capital or what mining rigs he can afford since 0 electricity the roi will be more faster than usual mining sites which paying their consumed electricity.
October 21, 2017, 09:41:54 PM
I know better ways to make income, mining is overrate, all you have to do is make a new business and covert fait to an alt coin, it will be beat mining anyday if you invest ur fiat into crypto
September 22, 2017, 08:57:55 AM
this is either a scam or a very misinformed campaign...
You have to make a real serious project and not just throw this frisbee at the people in the forum to see who would want to invest!
My recommendation is to make a website with your proposal and some FACT about what you say.
Investor should want warranties and also some SLA and legal documentation , you have to go the serious way my friend.
You have to make a real serious project and not just throw this frisbee at the people in the forum to see who would want to invest!
My recommendation is to make a website with your proposal and some FACT about what you say.
Investor should want warranties and also some SLA and legal documentation , you have to go the serious way my friend.
September 22, 2017, 05:13:57 AM
Sorry my man. But there is nothing such as ''free'' electricity.
September 22, 2017, 02:03:39 AM
hi guys, I have electricity with zero cost and building where we can make a farm (building needs to be reorganized). I'm new around this topic but researched a lot past 2 days and finally got conclusion that's mining is only profitable with very low or 0 cost electricity so it's nice opportunity . If someone is interested please let me know. I'm thinking about investment under 50k from the beginning and if everything goes well then we go big
I'll appreciate if you tell me any other useful places to post all about this
P.S Country : Georgia. (bitfury invested 100 mln here for building megafarm )
. If someone is interested please let me know. I'm thinking about investment under 50k from the beginning and if everything goes well then we go big I'll appreciate if you tell me any other useful places to post all about this
P.S Country : Georgia. (bitfury invested 100 mln here for building megafarm
)What's the nature of the zero cost electricity and how do you obtain it? Is it legal? Do you have some kind of contract or any proof that you can use the zero cost electricity regardless of the amount?
This are just a few aspects that must be all in order if you are thinking of starting a business.
From what I can tell, there is no business oportunity here, because even if you are all legal (eg: you have a contract that specify you can use unlimited free energy, but I highly doubt this), there is the trust issue (and around here this is a BIG issue).
Your best bet is to talk with friends and people that knows and trust you personaly.
September 15, 2017, 08:46:24 AM
Thank you for your reply, I just have this idea and if someone wants to invest the funds of course we will find and sign all the necessary documents, everything to be guaranteed and for sure face to face meeting will happen 100 %.
if you can suggest me smth more to find investor easier will be super good
if you can suggest me smth more to find investor easier will be super good
Documents, whatever those are, are not a valid form of collateral or surety. In the event of a default or scam, those documents are worthless and will not help the lender or investor recover the invested funds.
I suggest you approach banks in Georgia and discuss borrowing the money you need. They are local banks and I can assure you that they will want to see a solid form of collateral, even if you give them all your documents. How much more if you want to loan from someone located outside Georgia? That investor or lender will want to see the loan secured by or with something which can be resold or liquidated if you simply take the money and disappear. Or if your business model fails (for example, if the Georgian government decides to crack down on utility fraudsters a few days after you obtain the loan.
Finding someone here willing to give you USD 50,000 on the strength of an unsecured promise to repay it "whenever" will be harder than attempting to summit Mt Everest in a winter storm.
September 14, 2017, 12:26:39 PM
Could you share a broader plan about your idea and things you need to implement it. As you said the electricity is free, which place do you live in and is the government providing free or you getting through some other sources? Also how many investor do you already have it and what is the total cost that will come upto for setting up the mining farm?
September 14, 2017, 09:18:29 AM
Thank you for your reply, I just have this idea and if someone wants to invest the funds of course we will find and sign all the necessary documents, everything to be guaranteed and for sure face to face meeting will happen 100 %.
if you can suggest me smth more to find investor easier will be super good
As being said above it would really be hard for you to find an investor here on this forum.Why wont seek investors near in your place? People wont really decide to meet you up in your place unless if it resides nearly and I would like to ask where you do get that 0 electricity cost? Nothing in this world do have free electricity and everything has its own price.If that energy came on other people then its not totally free.if you can suggest me smth more to find investor easier will be super good
The energy is not stolen and nobody is paying that, I'm not talking about capital city. It's a region near the main dam of my country , that's why it's zero cost for years
I mean, it does sound plausible that you could get electricity at a low cost next to a hydroelectric power source, but completely free? I don't know...
Also what would you be providing to the operation? I assume you need someone to cover the cost of the equipment, but what would you be doing?
September 14, 2017, 09:11:48 AM
Thank you for your reply, I just have this idea and if someone wants to invest the funds of course we will find and sign all the necessary documents, everything to be guaranteed and for sure face to face meeting will happen 100 %.
if you can suggest me smth more to find investor easier will be super good
As being said above it would really be hard for you to find an investor here on this forum.Why wont seek investors near in your place? People wont really decide to meet you up in your place unless if it resides nearly and I would like to ask where you do get that 0 electricity cost? Nothing in this world do have free electricity and everything has its own price.If that energy came on other people then its not totally free.if you can suggest me smth more to find investor easier will be super good
The energy is not stolen and nobody is paying that, I'm not talking about capital city. It's a region near the main dam of my country , that's why it's zero cost for years
As I know, the countryside electricity is cheaper or free because people there don't use it very much, the demand is too low, so they use it for "free". But when you start a mining farm the demand will increase a lot and the authorities will find it and they will want to know what you are doing to use so much energy. If it was here, I would need to start paying the electricity like on capital cities and it would make the business worthless...
Anyway, I don't know if the same happens in Georgia. In another country, Venezuela, the ASICs were taken and the owners arrested. Probably there in Georgia it's different, but the electricity won't stay free, check about it.
September 08, 2017, 02:24:11 PM
I wish you a good like. Firstly how is your electricity is free? Secondly how should I trust you?
September 08, 2017, 12:54:55 PM
If he greased the right hands this could be going on for a long time. I don't think you could pull this off on a larger scale. The only issue is finding someone to invest in a plan that can be ruined in 6 months.
Could you provide more details? What do you plan on mining? What kind of equipment do you want to use etc..
Could you provide more details? What do you plan on mining? What kind of equipment do you want to use etc..
September 08, 2017, 03:19:46 AM
It's very unlikely anyone would invest in a scheme like this as the risks are far too high. If you really have access to free electricity and a suitable building then the only way I can see to make this happen is to buy miners yourself. If you have any collateral to put then borrow the money to get started.
September 08, 2017, 03:09:52 AM
Electricity if free in most places. Just because you can't get it free don't say it doesn't exist as if you know everything.
September 07, 2017, 03:07:21 PM
hi guys, I have electricity with zero cost and building where we can make a farm (building needs to be reorganized). I'm new around this topic but researched a lot past 2 days and finally got conclusion that's mining is only profitable with very low or 0 cost electricity so it's nice opportunity . If someone is interested please let me know. I'm thinking about investment under 50k from the beginning and if everything goes well then we go big
I'll appreciate if you tell me any other useful places to post all about this
P.S Country : Georgia. (bitfury invested 100 mln here for building megafarm )
Things aren't like that my dear man. I and mettalmag (one user here) are from georgia, mettalmag is seriously in mining and believe me with relationships it would be easily done and there wouldn't be need of paying electricity fees. . If someone is interested please let me know. I'm thinking about investment under 50k from the beginning and if everything goes well then we go big I'll appreciate if you tell me any other useful places to post all about this
P.S Country : Georgia. (bitfury invested 100 mln here for building megafarm
)I think I know where you live and don't try that because it's not legal. Imagine then Bitfury would buy a place in where you live and mine for free, maybe you can buy 1 antminer and mine but DON'T DO THIS FOR YOUR SAFETY.
On another hand you know what to do..
September 06, 2017, 04:02:07 PM
Thank you for your reply, I just have this idea and if someone wants to invest the funds of course we will find and sign all the necessary documents, everything to be guaranteed and for sure face to face meeting will happen 100 %.
if you can suggest me smth more to find investor easier will be super good
As being said above it would really be hard for you to find an investor here on this forum.Why wont seek investors near in your place? People wont really decide to meet you up in your place unless if it resides nearly and I would like to ask where you do get that 0 electricity cost? Nothing in this world do have free electricity and everything has its own price.If that energy came on other people then its not totally free.if you can suggest me smth more to find investor easier will be super good
The energy is not stolen and nobody is paying that, I'm not talking about capital city. It's a region near the main dam of my country , that's why it's zero cost for years
As I know, the countryside electricity is cheaper or free because people there don't use it very much, the demand is too low, so they use it for "free". But when you start a mining farm the demand will increase a lot and the authorities will find it and they will want to know what you are doing to use so much energy. If it was here, I would need to start paying the electricity like on capital cities and it would make the business worthless...
Anyway, I don't know if the same happens in Georgia. In another country, Venezuela, the ASICs were taken and the owners arrested. Probably there in Georgia it's different, but the electricity won't stay free, check about it.
September 06, 2017, 03:24:32 PM
Thank you for your reply, I just have this idea and if someone wants to invest the funds of course we will find and sign all the necessary documents, everything to be guaranteed and for sure face to face meeting will happen 100 %.
if you can suggest me smth more to find investor easier will be super good
As being said above it would really be hard for you to find an investor here on this forum.Why wont seek investors near in your place? People wont really decide to meet you up in your place unless if it resides nearly and I would like to ask where you do get that 0 electricity cost? Nothing in this world do have free electricity and everything has its own price.If that energy came on other people then its not totally free.if you can suggest me smth more to find investor easier will be super good
The energy is not stolen and nobody is paying that, I'm not talking about capital city. It's a region near the main dam of my country , that's why it's zero cost for years
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