Quote from: Pt0x on January 25, 2016, 06:14:10 AM

Quote from: ACAB on January 23, 2016, 06:29:38 PM

Quote from: Pt0x on January 22, 2016, 05:57:04 AM

I have S5, S5+, SP20, Neptunes and C1 for sale here in Venezuela. Immediate delivery. 0 wait. PM if you are interested.

At first I thought if electricity is free then it's %100 chance of profit but then I see this message. If you have mining equipment in Venezuela and you try to sell I think it's not that profitable to mine at all. Selling equipment make you more profit.
I think if OP is serious about that he should try with smaller equipment first and see the income as notlist3d said.

My situation is different. I been doing this for a couple of years now. I have multiple sites spread over the capital city in order to avoid reducing the risk of having all the eggs on the same basket. The nice thing about operating in this area is that the government always tries to avoid programmed electricity cuts on Caracas.

I'm at the point where I spend a lot of time managing and maintaining sites. I sell my older miners to buy new ones just to get more hash rate per location.

Most people would think that I should hire technicians to keen up with all the grow, but it would just elevate my risk of getting robbed or kidnapped.

I've always kinda wondered about those truly operating there. To many try to get others to send miners there, or buy into a operation there seems like once a month but it has slowed down.

If you did have a sizable operation how bad is it? Would you need full time security of multiple people? How dangerous is it? I'm curious as you seem to be pretty honest on it.