I am moving into a place in Buenos Aires, Argentina where power will be free. Power is cheap here anyhow. How much mining power do I need approximately to generate 1 btc a month?
I heard another way of mining is to actually buy mining power on line. You don´t have to worry about any equipment breaking down. Is there a tutorial on mining and how to perform all the necessary calculations? What about a excel spreadsheet?
What are your thoughts?
There are ways to get around the import tax but it may require him to have it shipped into uruguay.
I would not plan on that it's not a good businesses practice to dodge laws. If you buy new most likely it will come with correct amount and you will owe import/vat.
If op has them we need to know how much. And we still need to know electricity price.
Well, I have a traverler coming in December, who is a U.S. Citizen. I am not concerned too much about the laws as Argentine Customs does not bother U.S. Citizens that much. It´s their own that they scrutinize the most. I am not certain on the laws here. I was told by a lot of travelers that one electronic item is O.K, as long as it´s not for resale. It´s when you start bringing in multiple items that they want to start taxing you.
As far as the cost of electricity down here exactly, I am not sure. I know it is cheap compared to other countries. I think somewhere around $0.03 per kwh. When I get my hands on a bill I will post it. Again the place I am moving into, electric is free. Might as well mine.