Quote from: bias on May 09, 2025, 06:05:28 PM

Quote from: Nicholas-Carraway on May 08, 2025, 04:13:49 PM

mining.kg — cloud and local crypto mining with 24/7 support.

Besides the fact that you are open to many projects that need time, my interest and concern are regarding this project. What do you mean by cloud and local mining? What's the difference? To offer real "cloud" mining, you need to have a mining farm. Who will build it, where, how will you get the necessary power, how you will get the miners and which ones, who will run it and maintain it? Saying that you are open to projects doesn't mean that they are achievable or affordable. Neither is it a unique idea that you can give equity, especially when you don't have anything in hand.
By the way, offering 24/7 support isn't considered a plus, it's considered mandatory.

Electricity costs in Kyrgyzstan
• State-supplied power: approximately $0.057 USD per kWh.
• Private supply: often even cheaper. For example, some Chinese operators have bought local coal mines and now generate their own power at below-market rates.
• We can also build small hydroelectric plants (mini-HPPs) on regional rivers, or colocate our rigs at existing mini-HPP facilities. Both options secure ultra-low-cost, renewable energy.
Legality and licensing
• All mining in Kyrgyzstan today is fully legal and regulated. Every operation must obtain a government license.
• A clear regulatory framework not only ensures compliance but also creates a path to greater transparency and, ultimately, a potential IPO down the line.
What we mean by “local” vs. “cloud” mining
• Local mining: local miners install and run their own hardware in our secure data center. They keep full control of their machines while benefiting from our optimized power contracts, cooling infrastructure, and on-site maintenance.
• Cloud mining: remote investors worldwide can purchase hashing power without touching hardware. We deploy their capital to buy and operate the rigs in Kyrgyzstan, then distribute dividends from the farm’s net profits on a regular basis.
I hope this clarifies our model’s economic viability, infrastructure plans, and legal standing. Please let me know if you’d like deeper cost breakdowns, licensing documentation, or any other details.