Quote from: michael Chan on December 13, 2015, 06:26:49 AM

Quote from: xenog on February 25, 2014, 04:44:30 PM

I am building a Bitcoin mining data center in Venezuela, a country with very cheap electricity. I am planning on offering full hosting at first for the equivalent of 0.20 USD per KW/h to cover initial costs, then reducing the fee to 0.15 USD per KW/h, or even lower, including space, Internet, electricity, and cooling. No setup costs. You send the equipment, and we plug it in and set it hashing. I would like to gauge interest in such an arrangement.

Naturally there are some risks. As many of you already know, Venezuela is a country with a hybrid regime, terrible property rights, violent crime, civil unrest, very high inflation, censorship, and electricity brown-outs that are a bit more frequent than they should (1-2 times per month for a couple of hours).

Nonetheless, cheap electricity is what a miner needs, not necessarily a very stable supply. If electricity falters too often, I will install power generators since petrol is extremely cheap in Venezuela as well.

Would you put your miners in Venezuela if I were to offer such a service?

Hi , how is your mining proposal going out there in Venezuela ?
So have you updated your mining hardware ?
Now we have anminer s7 batch 8 available for sale now
lu.chen@bitmaintech.com/lu.chen@bitmain.com
skype:jianghu441
whatsapp: +8613838248258

https://bitcointalk.org/index.php?topic=1213359.new#new

Micheal Chan/ Lu chen is fraudster / scammer who get away with your money and never return back

His pic have been uploaded here to let you beware of him https://www.facebook.com/photo.php?fbid=240425689630270&set=p.240425689630270&type=3&theater

Please beware and safe don't let anyone let your hard earning get away with it .!