Post
Topic
Board Service Discussion
Re: Cheap electricity for mining Bitcoin
by
xenog
on 26/02/2014, 11:30:05 UTC
As soon as I put my hardware there, I will send pictures of the place. At launch there will be six Avalon Batch 2, two BFL Mini Rigs, and twenty AntMiner S1 systems. I would be willing to do escrow. I hope to attract mostly miners that are at the edge of profitability in the USA and EU. Southern hemisphere electricity, hosting and Internet tends to be cheaper, so there’s not so much pressure for them to move their hardware to a more cost-effective jurisdiction.

It must be noted that if your hardware has already been “spent” and you’re at the edge of profitability, the risk of sending your equipment to Venezuela is a lot lower.

I don’t have mining credentials, whatever that means.  Wink