Topic: We design, build and install mining rigs in Kuwait, (Read 2695 times)

If that's the case then this would be a legit thing and the only people would interest on this would those who are residing on your place. Its not really bad to post these proposals on this forum since this is the most popular cryptocurrency site which there are lots of traffic here and you might able to find on what you seek for. Good luck on finding investors because this venture wont really be cheap at all.

I'm from Kuwait I want to see your work , I'm interested.

I'll send you a PM

i am in Kuwait .. and would like to see your work where can i meet you ?

I'm not expecting someone to invest $100k without meeting me. I would likely reject such an offer in any case. When you buy a $100,000 house, you meet the agent first and take a look around before you make a decision. That is what I am suggesting.

This is right and the wrong thing here already is that op is already offering its service here on this forum knowing that people wouldnt really entrust too large amount and as being said the minimum is $100k. Who would be the one to put such money into unknown person on net?If the can able to find people offline then better to stick on those and focus on spreading on what hes offering on his place.That would be more effective and worth to try on than on recommending or posting it here on this forum because no one will really fall into this one.

Valid point, if the investor visiting you, there shouldn't be anything wrong !

We have raised close to $1 million already and have satisfied customers. In all cases investors come to visit us personally because we wouldn't ask someone online to transfer cash to us without meeting us in person to discuss.

No idiot would really even transfer $1 on OP's wallet address for sure.If he do really concern on his business proposal then better to do it physically which he do find investors near on the place because no one on this forum would really entrust huge money on random people on the net.We are talking big investments on here and no one would really just go into your place just to check your legitimacy.I would rather spend those amounts on fare on buying my own GPU. It would really be much better for me and thinking off that average cost of electricity on my place would still able to generate me profits.

No it's not so simple. Stop necroposting this scam scheme of yours and beg elsewhere.
You wont get anything here and that's a fact. Very simple indeed!

We are in Kuwait, not Iraq.

We mine in Kuwait because it has the among the cheapest power in the world. It's very simple.

How do these differ from the rigs we use now? Even if the internet is different, and I am pretty sure it is not, the rigs still perform the same hashing on the same data. Is there a reason in Iraq to need your rigs, or elsewhere. I am just wondering why you started doing this. Is it hard or illegal there to bring in outside rigs?

No, we don't rent mining rigs, and the rigs we build don't belong to us, they belong to our customers.

We simply sell hardware. We arrange hosting for our customers but don't host ourselves.

We have had customers from Europe as well as the Gulf region. As you said, they all want to come and meet us in person before they part with any cash. Our minimum investment is $100,000.

So you are offering to rent your mining rigs? and sell here?
Or you are selling service to build a customize mining rig but only in kuwait.. Do you have any list of pricing rigs? Since you are member and you are not trustable to offer here but i think if you can meet or if it can be visit your place well i think you can only get customers near to your place.

Firstly, we are in Kuwait, not Iraq.

We simply take investors cash and provide for them the most profitable, efficient rig we possibly can. We use GPU's and mine altcoins. We consolidate the income into bitcoin.

We order the motherboards, GPU's, power supplies, PCI risers and so on. The frames we use are custom built to our own design. We then install the rigs in a suitable location in Kuwait. Overheads are incredibly low. We are able to provide additional power to the villas we use to house the rigs. Since we are also installing the rigs according to an appropriate specification, we also offer a three year guarantee on the hardware. More than enough time to recover the upfront capital cost of the rig and then some.

Our interest is in selling hardware, we arrange hosting but don't provide hosting as such. 100% of the profits belong to the customer. We make a margin on selling the hardware itself. Since overheads in Kuwait are the lowest in the world, it makes sense for us to be here. We have had one customer export their rigs outside Kuwait, but only one.

Unlike ASIC miners, the GPU's have other uses beside crypto mining, and the investor can liquidate his hardware at some later time should they wish. Furthermore, since we use GPU's we have the option to mine across hundreds of different altcoins, ameliorating the affects of any adverse difficulty adjustments.

There is nothing stopping you importing your rigs into Kuwait, but as I said, we supply and assemble hardware. We don't offer hosting so we wouldn't be able to help you.

Let me ask if what are the best build for less electricity or cheap electricity? i mean we have a free electricity here in my country and i would like to start mining with GPU's but i really don't know if what mining rigs are the best to mine altcoin with free electricity..
Can you give us some good example or build of mining rigs that can be more profitable with free power consumption?

Of course, Kuwait has the world's cheapest power. Yes, it is a very hot country, but everything is air conditioned. Power is so cheap that even with the air conditioning, our overheads are among the lowest in the world.

Is electricity very cheap in Kuwait or something? Just wondering because with the ambient temperature there are you not paying double for both powering the rigs and cooling them also?
Would it make more sense to do this in a cold climate somewhere? Either way, good luck.

Dear all.

I just wished to provide some further details about our product. Firstly, I have attached a screenshot of our first rig mining on nicehash. Bear in mind that the first rig we built used the 1050 Ti's. All our new rigs now use the 1080 Ti's which are far more powerful.



I've also included a couple of shots taken inside the villa where we build the rigs.





We have had to set a minimum order size of $100k. Based on current market conditions, even after overheads you can expect to quickly recoup the cost of your rig and then after that, you are sitting on pure profit. Remember we offer a three year guarantee on the hardware.

Many thanks!

Our previous investors didn't have a problem with visiting in person. I wouldn't expect anybody to invest otherwise. You should come, it's a nice country, I'll show you around.

If the people have 100k$+ to invest in rigs,why the hell to come in Kuwait and meet-up with a total scam like you?
Enjoy the negative scammer noob and just gtfo from here! Enough is enough with your crap.

I wouldn't feel comfortable doing a deal without meeting the investor in person. Most of our clients are business people and crypto currency enthusiasts. Taking a flight to Kuwait doesn't concern them, especially when putting $100k + into their mining farms.

My amusement is empty, almost insane, proposals like yours.

Show us...around like we will come for vacations or something and we don't even know you. Not to mention that it's easy to say something knowing that it can't be done.
For you a trip to your country it's easier, cheaper and faster from paperwork and pics. Really now?!

I will suggest you to lock this fishy Thread of yours and try to do something more...constructive.

It always amuses me how people on this forum hold up pictures as the ultimate proof.

As I said, interested parties are welcome to visit us in Kuwait, where we will show you around and go through the deal in detail.

Well you sound like you have it all covered,don't you?
But where is the photos of your farm(s) and the rigs,where is the paperwork (contracts for the "area" rentals,receipts from the GPU buys etc),where is some PROOF of any kind that you are telling the truth?

You think that we are just a bunch or fools and we will send you our coins for nothing?
Wake up because that isn't going to happen!

Dear all.

Earlier this year I made an investment of considerable size into a mining rig in Kuwait. I am happy to report that the investment has been a huge success and provides me with a weekly passive income of bitcoin.

Now I am inviting others to do the same. Here is the deal:

Investors are invoiced for their hardware. We source the hardware, assemble the rig and arrange a suitable location in Kuwait to physically house the rig. Investors will agree a fixed fee to cover the rental of a location for the rig, typically a large room(s) in a Kuwaiti villa. The rent will cover all the costs to power the rig as well as the air conditioners of the villa. After that, all the income produced by the rig goes to the investor. The physical hardware itself is the property of the investor. What investors chose to do with their rigs is up to them. If investors wish to have the rig relocated to a different country then that is completely up to them too. Note that via our contacts in Kuwait, we are able to arrange extra power capacity to be installed to the villas as and when needed.

The rigs themselves consist of eight GPU's per unit. All units are housed in their own aluminum frames which are stack-able, so we can provide you with hundreds of such rigs if requested.

Investments of any suitably large size can be arranged, there really is no upper limit. We will accept investments paid as either cash, bank transfer or paid as bitcoin of course. Once the rig is up an running, 100% of the profits will be transferred to your bitcoin address.

Assuming you connect your rig to a mining pool like nicehash, you can check your live statistics at any time from any location in the world. If you use an external bitcoin wallet you will receive payment every Friday. Also, remember that the hardware remains your own personal property.

We offer three things:

1) Security, the hardware remains your property throughout
2) Transparency, your rigs performance can be monitored online at all times
3) Profitability, Kuwait has the world's cheapest power. A regular fixed monthly rent is all that's needed to cover the costs of operation

Interested parties are invited to PM me. You are welcome to visit Kuwait where we maintain our own rig at our villa for investors to see.