Post
Topic
Board Service Discussion
Re: Free Power for cut of Mining in California
by
msj219
on 06/09/2018, 15:52:42 UTC
hey it's not a scam...

basically I have an offer for 1000 AMPS of power because of another power contract with the same company.

I personally have not been running my machines these days as my electricity is high (0.15 cents) and it's just not profitable at all.

I'm guessing others are in the same position and unable to run or running at a loss for the moment.

Even with the power being free, with the market how it's behaving and the fact that a capitulation scenario is definitely possible with the current bear market we are in.

I can't really with good reason suggest someone to invest into hardware right now even though gpus are much cheaper than a few months ago.

However this power is up for grabs and I'm able to get it if there looks like there's demand for such a service.

I'm thinking something like a open warehouse and ppl can store their rigs there and we'll run them, would need some kind of software or maybe our own pool to keep track of whats mined?

I have been spending the last few days thinking of ideas while running cost projections and thought why not post in the forums and see what other more seasoned miners think.