Post
Topic
Board Securities
Re: AMHash1: Cost-Effective Mining Contract
by
MrTeal
on 05/03/2015, 22:39:52 UTC
First lost in Hashie and now in Amhash. If I ever invest cloud mining again, will certainly choose USA based firms with customer support and known address maybe Zenminers was a scam but I earned 4 times more from my investment.

Yes because USA mining companies like hashfast, cointerra or butterfly labs are any better...... to be honest i prefer the current situation with a crazy story line than the BFL 2 week saga

And here is a novel idea that I don't know why USA companies are NOT doing. Whatever happened to the idea of making hundreds of solar panels and using wind (windmill) power things to generate the necessary electricity demands to run a successful mining farm and NOT have to pay an electric company millions of dollars just to mine bitcoin. If they generated their own electricity then they could make money mining even though the difficulty continues to rise. Duh!!!!
Because setting up a facility to run 10MW of mining gear is relatively difficult and pricey, but not outside the realm of a well funded venture. Building a PV facility that can handle the 240MWh of energy you'd require every day to run 10MW of gear would be a multi-year project with massive capital outlays. If you've got a couple hundred million bucks laying around though, you might want to look into it. Tongue