Post
Topic
Board Mining (India)
Merits 1 from 1 user
Re: Mining hardware and prices
by
jaykavathe
on 02/01/2019, 04:20:40 UTC
⭐ Merited by Heisenberg_Hunter (1)
Thank you very much for a detailed reply. $200 vs $320, that is indeed ridiculous and much higher than I thought.

Why the interest... well, I started with my own rigs, expanded into a dedicated farm, then became a tier I supplier for MSI/Asus and then started my own 2.5 MW hosting facility. I have been expanding steadily and reinvesting my profits back. Being an Indian and still having roots in here, I always wanted to reach out here. Despite being a solo entrepreneur, the only reason I was able to expand business and have these many clients was to establish trust.. I am good at it Smiley My GPU sales have slowed down a lot in US but well, if India is still open, I would like to investigate and possibly create a channel for GPU and ASICS. If there is lack of a trusted sellers, I see a huge advantage for someone like myself. I understand there will be lot of friction from custom and taxes side, but I dont think the taxes still would be less than 60% delta (200 vs 320).

More importantly, most of my clients are finance people who pretty much just pay the capital, I go around, build the rigs or purchase ASICS and deploy them at my facility and run them monthly. I bet there would be interest here in Indian community since that would totally eliminate the custom, taxes, hosting related issue (as long as we establish trust). When you say you are interested in buying ASICS, what would limit you from paying me for buying it here, and run here? It would be tons cheaper and deployment time would be less than a week, right?