Topic: Looking for funding for a Bitcoin Mining project, Property already purchased (Read 193 times)

Good luck with your project...I'm sure you'll succeed..

On the down-left side/ corner of your thread/ topic, you will see two links. One of them is "Move topic" and the other is "Lock topic". You press it and you choose in which other section of the forum you want to move it. Deleting it though, isn't possible. Good luck.

how do i move it or you mean delete it and repost

If that's the case you should move your thread to a more proper section, like Project Development or Securities. Indeed it looks like you have there something that will eventually make something out but on the other hand, you still miss the basic equipment, which is the miners and I think that is the most expensive as well.
Also, do you calculate how much time you will need to bring it to life and make it a fully functional mining farm? Because time is very important when it comes to an investment...

What is still required to finish the boundary wall, security etc is about 14000 usd.

Then after that its just the purchasing of the equipment , and possible some small wooden structures and maybe another room for a bigger setup built out of brick,

From there it would be complete and running off-grid

Sorry let me clarify this, no I am not asking for a loan to offer hosting services, I am offering equity in the project , In otherwords for other to get involved and own equity , "%" of the project , If I have already spent lets say for arguments sake , "300k Rands- which relates to about 20000 usd, then if someone else would enter with another 20000 usd, then I would split the ownership 50/50 , if someone came in with 5000 usd, or less, then the % or ownership would be less.

easy to work out based on % as the ultimate profits can be paid out accordingly .

The idea is also to put up security cameras, and give everyone access to the cameras as well as the mining statistics and payout wallets.

Sure I totally understand your point,

However here people are very reluctant to invest into anything bitcoin related, most people here still think its a scam and dont believe it in , so its hard to get the required investment.

just a note, I managed to raise R760000,00 Rands from the crypto space without a single investment from South africa and that was to buy an apartment for our Airbnb business, so I am still very sure that if people from here can invest in that, why wouldn't they invest in this ? the probability is quite high they will

If I may suggest, if the OP is very enthusiastic about this project and has high hopes that his project will hit it off, why not look for private investors near you. You can easily pitch your project if you have very strong business proposal. It is hard to ask for funding here in the forum. Many people will be hesitant to lend money.

sorry also forgot to attach the invoice for the solar panels I have already ordered




So whats left is :
Bitcoin machines
Electricals
Wooden structure to house panels
wind turbines
batteries .

The mine does not have to be huge, it can start small, with min amount of miners and slowly grow itself into something much bigger

Sorry I forgot to attach the architect and Engineer plans I had done with approval which cost me another 9400 rands





I understood that no one was going to give a new user money which is why I started the project back in May, and decided to get it going first myself so that when the time comes to introduce my project to the public, that there would be some support and people could appreciate what I was doing and join in , and as mentioned before , join in other ways besides sending me money ,

it would be great to get a big group of supporters for this project , and I would even be happy to transfer the property to a trust or into a company name with the investors as Directors of the company , at least thats what we did with the Leasehold project ,

the 5 directors that started the company now all share the assets and run the company, its proved to be a efficient and good way to split things up fairly between all.

Let me know your thoughts please

Sure I can provide whatever any one asks for . pictures , wallets etc etc no problem, Just let me know exactly what you want,

Then regarding the comment about the mine not only costs electricity , that is true, it costs Rental pace, equipment costs, Internet costs , maintenance and monitoring etc etc. Its not like you just plug in and pay your electricity bill.

So let me Clarify first what it is I am doing, and what it is I am seeking , and why I want others to Join in and help make this operation one of Decent Size.

1. I need to get land "best option is to own the land. This I have already purchased for 212000 Rands. the land is located here https://goo.gl/maps/8PQ4rhxewpvdwCGf6

2. need to build a 2.4m secure boundary wall and put up electrical fencing and security cameras. I have already got the architect to draw the plans , I have had the local municipality approve them, and I have had the Engineering Company "Via Plan" approve the structural design for the first small building inside the property to host the first set of machines .

3. need to order some Miners as well as power supplies for them

4. I need to order some solar panels to power the miners " I have ordered a few 535 Jinko panels for around R14500 odd.

5. I need to order some wind turbines for more power

6. I will need to buy electrical cables and tools for installing the setup .

7. I will need to build some cheap wooden structure to house the panels and get them North facing , erect the wind turbines

8. will need to purchase some batteries for failovers etc .

9. last but not least , I plan to make a "multi-signiture wallet" where the machines will be sending all the BTC they make, this way its a safe bet that no one can take the coins without everyone agreeing and everyone has piece of mind.

This is a venture I have decided to take on a few months ago, and have already started as you will see in the below pictures I will provide,

Eventually I will get there as I have a decent amount of Funding from being a Delegate on the lisk network for the past 5 years, however the more people I can get involved in the project the bigger we can grow it and all profit together as the idea is to get the mine to a point that its not costing us anything other then internet and maybe some muncipality fees for using the land , " not rent"

Anyone that wants to take part in the project can also do so without sending me any money ! I dont really want to take money from anyone , Instead each person can be responsible for ordering certain things for the mine to be operational and we can work something out for each person based on what they provide. that should also show alot more then I am here to ask for money.

Ok so first here is the apartment that We bought from our last fund raising :



Here is our wallet that we raised most of the funds in the form of Lisk Crypto Currency as we targeted the Lisk community for the project .

https://explorer.lisk.com/address/77197313075961012L.


Now Regarding the Property for the mine and everything else.

Ok so I bought the land very recently , there was still alot of trees and bush so I had to get machines in to come and clear the whole land, and then also cutt down a few very large trees:

proof that I bought the land :

here is some of the pics of how it looked before I bought it , and now how it looks after I cleared :









And as you can see here, they already started digging the foundations for the Boundry secure wall, and I have ordered the first materials including sand, bricks and tools.
.



So if there is anything else You would like me to provide, feel free to ask. the only thing I ask is you please dont ask for unnecessary things with no intention of ever being a part of the project . if you have doubts in your mind, sure I can prove everything I am saying no problem.

I am building a off grid mine here, I intend to keep it running for all the years to come and all the next halving events, I plan to increase capacity by 50% of all returns each year and keep growing.

This will end up being the most efficient mine in the long run as there will be no power costs, no rental costs , every thing will be self sufficient and owned 100% by us.  

You might want to provide pictures as well...
^{- It doesn't matter if it's not yet finished and please don't redirect me to your website like it's some sort of a treasure hunt.}

Just to be clear, are you asking for a loan in order to provide hosting services? Btw, when it comes to mining operations, there are other costs other than electricity ^{[e.g. maintenance, repair, and a few other things]}.

Can you provide a complete cost breakdown for your project ^{[based on the 0.8BTC that you still need]}?

In other words, you can't sign a message to prove you have those ^{["Not Your Keys, Not Your Coins"]}.

No need at all but you must understand that you are a total stranger asking for money and saying just a story. Besides you get a reply from shasan and you avoid telling him what you say to me and still, no wallet and no signature. Even if you use these funds to buy a property (where the proofs of this purchase?) you still can post the wallet that you make those transactions, right?


Do you have funds for a business/ project on an exchange?! Sorry but that's not so wise. Joins you with what guaranty? Whoever you are, here you are a newbie and without valid collateral, your word is not enough.

getting a loan of this amount will be a very difficult task, especially for the business that wants to do "mining". maybe if you posted pictures of the things you already have and made, it could serve as an incentive to potential investors, without posting much relevant information with proof, you will hardly have an investor and I even think it would be better if you looked for an investor who lives in your country in the case of Africa southern

Why the need to tell me I cannot read ?

If you saw my reply we already used the money to buy the apartment , and we raised the funds through crypto, not all bitcoin, through Lisk as well.

So the raised funds have been spent on the apartment already ,  the next amount of funds I have raised , are personal , from me only , which I am putting down to start my mine,

I have spent 15000 USD on a 1800m2 land, and busy with another 12000 usd to do the building ,

The funds I have raised are my personal funds of 0.2btc , they are in my exchange wallet . this 0.2btc will go towards equipment and miners, and whoever joins me , would help grow the mine ,

thats all, if you do not wish to invest or get involved , then thats fine, but I dont think its needed to say things like I cannot read, its not necessary.

Thanks 

Maybe shasan it wasn't clear or you can't read. You already said that you raised money for this project of yours, so he was asking you to post your wallet that you have that raised money and sign it. This way you will prove that you indeed have the money that you said and ofc you have thee full control of them.
You raise that money through crypto, right?

Please take a look at https://leasehold.io ,

here you will see the other project I started and raised money and bought our first apartment,

In the website you will see links to our discord where you can find all the info you need and can ask all the community members about me and my team, we are well known and trusted ,

nothing to worry about but I do see your point, At least I have to try right.

You can also see my Linked in profile


https://www.linkedin.com/in/reo-elliott-1391a61a5/

Can you share your wallet id and verify the wallet by verifying your signature? Sothat we can know you have really raised the fund and raising the fund accordingly. Your provided information is not enough to raise fund also, there is little chance to raise fund from here as you have no reputation and you are a newbie in this forum.

Good day everyone , I am looking for some investors to start up my mine here in South Africa.

I have already successfully started the https://leasehold.io project and managed to raise enough funds to buy our first apartment in June 2021.

I have since bought another industrial property where I am busy building my walls and rooms and intend to create a renewable bitcoin farm.

I have ordered a few things already , however the Investor would score off basically free rent from the mine and since it will run on solar and wind, there would almost be no running costs .

My total investment I am looking for is around 1 BTC , of which I already have 0.2 Btc raised .

If anyone is interested please get in touch so we can work something out .


Many thanks