Author

Topic: New Mining Business (Read 506 times)

newbie
Activity: 33
Merit: 0
January 11, 2014, 06:20:53 PM
#1
Long time reader first time poster. After seeing many of these cloud mining services with negative ROI (scams) I started thinking of offering my own service in which new guys can purchase either whole or fractions of machines. I have experience mining and would offer the service of hosting the equipment for users for a marginal cost. After it becomes no longer economically feasible to run the machines I will sell the machines for the equipment owners for a commission. As you know we will be moving into the next generation of asic chips (20nm) at which point the difficulty should taper offer allowing for a longer operating time of the miners. I wanted to raise a pool of funds to preorder equipment from a manufacturer when (20nm) miners come out (excluding neptune). Payouts would be daily. Please provide constructive criticism around the business model.
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