(If there is a better location to place this thread, please let me know or move it. I would have loved if I found a "mining operations" thread category somewhere.)
Hello everyone,
I first want to give a little insight on myself and past. In 2008-2009 I mined a little over 500 bitcoin on my regular really bulky computer and AOL as my internet probider. I have always read threads in this forum a little afterwards and in others but never really felt a need or wanting to contribute in some semse. Seeing the growth that i do see and the vision I have in mind of being put into creation....I am 26 years old now and that was when I was really young and not thinking clearly to continued to have mined more than my fair share.
Flash forward, I own 2 different large scale call centers in different locations in europe and are expanding on a daily basis. Literally hiring more employees daily as we can't keep up with client demand. In a business sense, I have the dots on the i's and t's crossed.
I have followed Bitcoin for years and Ethereum since July 2017, have made money and have also had pitfalls. But after some further digging and testing with cloud mining sutes, I find that losing soo much money to scam operations or the like of scam exchange networks, somethings gotta give. There really is NO authority on cryptocurrencies which is GREAT but there is a downside, where it is ripe for people to manipulate the existent and unbeknown system to the masses.
I have lost tens if thousands of dollars on things related bitcoin...my friends have lost money and many others in the world even lose their lofe savings with fake wallets, or ledger hardware wallets. I think I have a duty to try and help everyone in this life and in the hereafter whether you believe in that or not. I need a base and foundation however for what I have in mind of bringing into light. An organization that can perhaps see it has a monetary/thriving incentive to help those in loss.
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The thread title says it all. And once done with this thread, I will reveal the website/operations name and details, so we know that that operation is owned by myself and run by myself-built with ideas in mind from the community here.
It all starts with reputable mining operations that the average man can get into. How can a currency be for the people and to free them from monetary control if they the people cannot obtain it easily? Or lack the confidence to obtain it through certain means?
I have operations in place to obtain the proper funding of a startup organization to mine Bitcoin or Ethereum.
What I lack upon start is a model that can be free from scams. Why do operations turn to become scams and things to stay awaybfrom? Because the profits that used to be inherently existent became too thin for the Cloud Mining Operation to maintain operations?
So, I ask the cummunity, what are your insights, what is needed in order to keep the word scam away and far from the operations I want to start? Some thoughts/ideas of my own are-
1. Do not sell hashes, at a certain price point.
Difficulty goes up, equipment breaks, electricity spikes, costs change and are never constant. How can any legitimate organization offer you a price point to "buy in" where if you did the math of having it on your own, with optimized equipment, you yourself would NOT be able to main that given hashrate.
Present organizations are shuffling money around, and when it gets too complicated to keep track of, that is when operations disappear/turn to scamming people.
2. So if I can't sell Hashrates in a consistent basis what could I charge in terms of price?
Then I thought to myself about renting mining rigs out to people. Where the most efficient equipment we can find is put into work, and people would rent it out.
First you may think to yourself, why rent it out when we can run it to full operation and capacity for ourselves? In honesty, this way, what can take place is us to charge a % of profits after expenses. Not on a hashrate basis, not on a per rig sale and not earn from it again, but - people would put the funds in place for the rig to be built/put into operation. Then our organization will manage it, have it work to full capacity and then even profit from it. It would be a partnership. The people- will out the capital,why the organization "transacts business with it" so that we can mine more efficiently and everyone would be in agreement/understanding of the terms in place.
I believe full transparency is key to having a thrving prosperous business relationship with people of all demographics.
For for pricing, do we think offering a % of profits would be best so as to ensure both the cloud mining operation and the investor/people who buy in prosper from the relationship?
What ideas do we have in store for this present issue? Its all $ of course. No one would be doing it, of it wasn't about the money. But I see no reason why everyone can't partake in it.
Should there be a 1/2/3 year contract on the rig? Should it be setup, so that after a % ROI the contract term is over, but will never end, until that ROI is met? Things to be perpetually existent is not* possible, especially in the case of GENESIS MINING/HASHFLARE "life-time" contracts OR WHATEVER THE HELL they want to label it.
How irrational can someone be to think they will earn forever, when it comes to making money off of things that only last so long?
-Please do input your insights on the matter, as to talking point 1: Pricing, that will lead to both investors and the organization to be in mutual agreement?
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Note: everything stated in regards to this talking point is going to be noted down, and there will be a vote cast, where members will be able to steer where the operation should go in terms of pricing.
Nothing in this world is free, not even the air your breath.
Thanks for allowing this first talking point.
Lets discuss away.
As there is another talking to come.
Thank you again for your time & help.
From Agron A.
If you need to reach me, feel free to private message me here. If afterwards, it doesn't seem to be some spam etc etc, I can give you my phone number so we can bounce ideas off of each other from etc,.
To haters: This is a business I am in the process of building. I see that there is a need in the market for a irrefutable cloud mining operation to exist. And I want to offer it while being realistic with what is taking place/can take place.
I would appreciate constructive criticism, or ideas and discussions. Very mature individual here, and I definitely want to help the cryptocurrency industry. Starting with an operation is just the beginning.
I see that cryptocurrencies lack* something Fiat have because of the governments existent. We can put that such "use" in place, but it doesn't exist in software/code form yet. I have found that without such thing taking place- (that can easily be made to take place) cryptocurrencies will have a definite hard time truly replacing fiat currencies.
I am wholly dedicated to this operation, and to the operations to come into place. But all things one step at a time. I am in no way affiliated with any present large-scale investors in the cryptocurrency markets.