My Bitcoin mining farm under construction - page 6.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

Quote from: RichestLizza on October 26, 2017, 11:11:25 AM

Quote from: BitcoinMiningAustria on October 26, 2017, 11:01:03 AM

Awesome, what kw price do you get over there, and how did you got the money for it investors ?

What about the mining ? Do you use antminers ? How many ?

The price I got from the power grid is about 0.3 CNY/kWh. The other two shareholder are my old friends. We started buying Bitcoin from 2013/2014. So we earned enough money to build this farm.

In next month we can host about 6000 miners. Only hundreds are owned by myself. My main purpose is to provide hosting service and cloud mining.

Now I have 600 L3+ and 200 S9 running. It's located in a discarded factory at the same town, which is temporary.

Hosting service and cloud mining together offered by one service? Not a bad deal, but since you are going to offer cloud, what will be benefit for us? Will it be better than hashnest, hashing24 or etc? (all of them are bad to my mind). What will be different? Less fees? I think it will be better for you to offer something like contracts, for example similar of pacmic on hashnest.
It will be hard to gain trust on cloud mining + people don't look this seriously because I believe it will be bettee to buy miner and host somewhere, for example in your mining farm.

PandaminerScam

newbie

Activity: 10

Merit: 0

Quote from: RichestLizza on October 27, 2017, 08:09:15 AM

Do I know you? show you evidence please.

Why don't you post your cloud mining contract here? Oh wait, you took the money, asked your clients to sign the contract digitally and have not sent the contract back to them because you can't honor the contract?

Why don't you actually honor the contract and start paying people as advertised on November 1st 2017!

Show you evidence? Which statement I am making is false? You have not sold a contract? Your contact does not start in November 1st? You are going to pay on November 1st? Please prove I am BULLSHITTING.

3x2

legendary

Activity: 1526

Merit: 1004

It is good to see someone getting involved in mining bitcoin today with a new start. I see your project as a big one, personally I don't have even nerves to think of mining in 2017.

RichestLizza

newbie

Activity: 16

Merit: 8

Quote from: PandaminerScam on October 27, 2017, 04:43:18 AM

The operator of this farm is experiencing bad construction delays and is defaulting on the cloud mining contract that is suppose to start paying on Nov 1st!

He sold 2 million dollars worth of cloud contracts in September, now it is end of Oct and he is not paying the mining contracts because of construction delays. The contract actually says the investors will receive bitcoin regardless of lose of power, construction delays, break down of equipments etc...

Stay away from him. You will lose money.

Do I know you? show you evidence please.

RichestLizza

newbie

Activity: 16

Merit: 8

This is my "Introduce yourself" post on steemit.com. https://steemit.com/introduceyourself/@somebody/sabydee-grettings-from-laos

Last year I invested 54 BTC (valued 300 kUSD now) on Steem. Now it's only 34k. Cry

PandaminerScam

newbie

Activity: 10

Merit: 0

The operator of this farm is experiencing bad construction delays and is defaulting on the cloud mining contract that is suppose to start paying on Nov 1st!

He sold 2 million dollars worth of cloud contracts in September, now it is end of Oct and he is not paying the mining contracts because of construction delays. The contract actually says the investors will receive bitcoin regardless of lose of power, construction delays, break down of equipments etc...

Stay away from him. You will lose money.

RichestLizza

newbie

Activity: 16

Merit: 8

Quote from: stumpper98 on October 26, 2017, 11:23:39 AM

That's cheap power

I pay .9 CNY or 0.14 USD (after taxes)

I joined Bitcoin Forums in 2013 - But I did not buy bitcoin Huh

We will offer cloud mining service after construction. Stay tuned.

RichestLizza

newbie

Activity: 16

Merit: 8

Quote from: Sergey.Filipsky on October 26, 2017, 04:22:45 PM

How did you manage to agree with the authorities?
It was hard to get permission?

Yes. We registered a project company at the county. We signed investment agreement with the local government, finished Feasibility Study Report, Environmental Assessment Report， Safety Production Assessment Report， etc. Many documents, many approvals, and costs.

We also purchased the land from the government, 50 years right of use. Totally about 13000 square meters.

The governor and officials visiting my farm: https://imgur.com/w76WryK.

Quote from: Upstream on October 26, 2017, 05:52:24 PM

Is your power hydro electricity or coal based?

It's using power from the power grid, not particularly hydro or coal. So it's more stable than hydro, no need to migrate at dry seasons.

Inner Mongolia province has lots of installed capacity, including coal, wind and solar.

We construct a 10kV transmission line from the 4km far substation.

Quote from: xPASTELx on October 26, 2017, 07:58:13 PM

If i can ask whats ur estimated hashing power

End of year it will be 100P and next year 500P.

Photos took this morning.

https://imgur.com/LflRsKR
https://imgur.com/tN0uOz5
https://imgur.com/9hRp2PC
https://imgur.com/a7a8SCD
https://imgur.com/e2vwX33

stumpper98

member

Activity: 104

Merit: 10

That's cheap power

I pay .9 CNY or 0.14 USD (after taxes)

I joined Bitcoin Forums in 2013 - But I did not buy bitcoin Huh

Upstream

newbie

Activity: 41

Merit: 0

Is your power hydro electricity or coal based?

RichestLizza

newbie

Activity: 16

Merit: 8

The price I got from the power grid is about 0.3 CNY/kWh. The other two shareholder are my old friends. We started buying Bitcoin from 2013/2014. So we earned enough money to build this farm.

In next month we can host about 6000 miners. Only hundreds are owned by myself. My main purpose is to provide hosting service and cloud mining.

Now I have 600 L3+ and 200 S9 running. It's located in a discarded factory at the same town, which is temporary.

This is my "Introduce yourself" post on steemit.com. https://steemit.com/introduceyourself/@somebody/sabydee-grettings-from-laos

Last year I invested 54 BTC (valued 300 kUSD now) on Steem. Now it's only 34k. Cry

BitcoinMiningAustria

newbie

Activity: 2

Merit: 0

Awesome, what kw price do you get over there, and how did you got the money for it investors ?

What about the mining ? Do you use antminers ? How many ?

RichestLizza

newbie

Activity: 16

Merit: 8

This mining farm is located in Inner Mongolia, China. The first two 2-floor building will be ready in next month and the power supply will be 10000 kW. In the beginning of next year we will build 7 builds and total power consumption will be 50000 kWh.

https://imgur.com/SyCK1Ep
https://imgur.com/htG80iC
https://imgur.com/0IV3CyN
https://imgur.com/e3Xivs6
https://imgur.com/mk8U604
https://imgur.com/wJ8KBso
https://imgur.com/DKHuCMc

Topic: My Bitcoin mining farm under construction - page 6. (Read 53620 times)