It sure isnt. But there is a big difference between using 100KwH or 10KwH. Everything is calculated.
Bitcoin mining vs scrypt mining its a big difference.
Topic: [INVEST] Invest with 10% to 30% profit (Read 1120 times)
Cost of electricity in the Netherlands is somewhat prohibitive at over 0.30$/KwH ?
No we bought the price of @ 0.10KwH
That's still ridiculously expensive if you're in the business of mining.
Not if you mine with scrypt miners.
You mean to say that the cost of electricity is irrelevant when 95% of your monthly opex is for electricity? Sure. I can see the logic in that.
Cost of electricity in the Netherlands is somewhat prohibitive at over 0.30$/KwH ?
No we bought the price of @ 0.10KwH
That's still ridiculously expensive if you're in the business of mining.
Not if you mine with scrypt miners.
Cost of electricity in the Netherlands is somewhat prohibitive at over 0.30$/KwH ?
No we bought the price of @ 0.10KwH
That's still ridiculously expensive if you're in the business of mining.
Great so you want a bunch of people to give you money so that you can mine bitcoins with the money given to you by a bunch of people.
Has any of the dozen or so mining collectives ever been a good investment? How is RSM and Peta doing these days I wonder. I honestly have no idea but assume no one ever made much money back.
Has any of the dozen or so mining collectives ever been a good investment? How is RSM and Peta doing these days I wonder. I honestly have no idea but assume no one ever made much money back.
We have made alot of calculations and even when the price drops 50% or the difficulty increases with 10% each week qw would make a little profit out of it.
Cost of electricity in the Netherlands is somewhat prohibitive at over 0.30$/KwH ?
No we bought the price of @ 0.10KwH
Great so you want a bunch of people to give you money so that you can mine bitcoins with the money given to you by a bunch of people.
Has any of the dozen or so mining collectives ever been a good investment? How is RSM and Peta doing these days I wonder. I honestly have no idea but assume no one ever made much money back.
Has any of the dozen or so mining collectives ever been a good investment? How is RSM and Peta doing these days I wonder. I honestly have no idea but assume no one ever made much money back.
Cost of electricity in the Netherlands is somewhat prohibitive at over 0.30$/KwH ?
Yay....another mining farm to dislocate the "home miners" 
Should close them all... (Or burn them all)
Yay....another mining farm to dislocate the "home miners"
reserved
Invest in cryptocurrency
Project updated. More info comming soon.
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