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Showing 4 of 4 results by elsoleado
Post
Topic
Board Tokens (Altcoins)
Topic OP
Requiring feedback: Token to build mining farms with renewable energy
by
elsoleado
on 07/05/2025, 17:55:03 UTC
Good morning/afternoon/evening,

It is my pleasure to share my project idea with you to receive feedback from the infinite knowledge present on BitcoinTalk.


SUMMARY

I'm looking to create a token on the BSC network and, with its fees, fund the construction of mining farms in Paraguay (since this country has hydroelectric plants and, therefore, cheaper electricity prices). I'm then looking to use part of the profit generated by the farms to buy back some of these same tokens and burn them.


TOKEN

The first step is to create a token on the Binance Smart Chain with a supply of 100,000,000 and a 6% fee (2% on purchase and 4% on sale). Of this fee:
     •   3% = Allocated to a fund for building Bitcoin mining farms using 500 Antminer S21 XP Hyd units in Paraguay, powered by hydroelectric energy.
     •   2% = Used exclusively for token marketing.
     •   1% = Commission for the project team.

The contract will include mechanisms to convert fee tokens into BNB before transferring them to the contract wallet, as well as token burning functionality.

Additionally, the token will undergo dual audits by EtherAuthority and Certik. Liquidity will be permanently locked, and 100% of the tokens will be released to the market (no team allocations, no presales offering user advantages).


USE OF FUNDS GENERATED BY THE MINING FARMS

     •   70% = Monthly token buyback and burn (to increase the token price, which, as I read on the forum, is the only thing token buyers care about).
     •   20% = Repair and purchase of new mining equipment.
     •   10% = Commission for the project team.


MINING FARMS

500 Antminer S21 XP Hyd ($16,791.04/unit incl. taxes & shipping)
$8,395,520
Land in Ciudad del Este
$300,000
Industrial facility construction
$600,000
Immersion cooling systems
$400,000
Connection to ANDE grid
$300,000
Permits and legalization
$200,000
Investment in electricity cost reduction
$1,000,000
Total
$11,195,520


ANNUAL EXPENSES

Energy for mining farms (2,838,000W, 68.112MWh/day at $0.03/kWh)
$746,425
(Bitcoin Price = $94,953.19)
Maintenance ($120/miner/year)
$60,000
Local technicians (10 x $30,000)
$300,000
Insurance and licenses
$80,000
Immersion cooling systems
$100,000
Total
$1,286,425


ANNUAL NET PROFITS

473 TH/s x 500 miners = $11891.61 x 365 days = $4,340,437.65 – $1,286,425 = $3,054,012.65


ROI PER FARM


$11,195,520 / $3,054,012.65 = 3.66 YEARS ≈ 44 MONTHS


MONTHLY TOKEN BUYBACK AND BURN PER FARM

$3,054,012.65 x 70% = $2,137,808.85 / 12 = $178,150.73


FIRST FARM

To reach the $11,195,520 required for the first farm, total token buy/sell volume must reach $373,184,000.


INVESTMENT

To bring this project to life, a total of $61,000 is needed, allocated as follows:
     •   Smart Contract Creation + Initial Audit = $5,000
     •   Certik Audit = $30,000
     •   Server and Website = $500
     •   Initial Advertising = $8,000
     •   Initial Liquidity = $11,000
     •   Reserve Fund = $6,500
     •   Crypto Marketing Expert.
     •   Investors or individuals willing to contribute to reach this amount.


WHAT WILL WE GET?

All project revenue generated for the team will be divided into:
     •   30% = For the investors.
     •   30% = For the marketing team.
     •   40% = For me.
     •   And some Bitcoin tips for those who left feedback and/or helped me at this point in the project (as long as the project goes well).


KEY DATA

     •   The maximum lifespan of a Bitcoin miner with excellent maintenance is 10 years.
     •   Paraguay has hydroelectric plants, resulting in extremely low electricity costs.
     •   Over 45% of mining farms rely on fossil fuel-derived electricity.

I have over 5 years of experience in cryptocurrency mining, but I don't currently have a team.
I am completely open to suggestions and/or criticism about this project.
And if you need even more information or have questions about the project, don't hesitate to ask.

If you believe in this vision, send me a private message.
Post
Topic
Board Mining
Re: What will be your advice to someone with an interest in mining in 2025?
by
elsoleado
on 23/04/2025, 23:00:44 UTC
It will depend entirely on your budget and noise tolerance.
You have three options:
1) Mining with electric power and mining equipment newer than the Antminer S9.
2) Mining with renewable energy (such as solar panels) and older miners (S9, for example).
3) Mining with renewable energy and modern miners.

1) Let's assume you have a huge budget and buy an Antminer S21 XP Hyd (to avoid air conditioning costs for cooling), with a power output of 473Th/s, a consumption of 5676W, and a cost of approximately $16,000 including shipping and taxes. Assuming you live in the US and the cost of electricity is $0.15/kWh, your daily profit would be $2.79. An ROI of at least 3 million years.

2) With an Antminer S9, which costs around $200 on the current market. 14Th/s, 1300 watts, and a hell of a lot of noise. Add to that the fact that you won't find it new, so you'll have to buy it secondhand (average lifespan: 2 years). As for the solar panels, they'd cost around $1,600. $0.69 of profit per day, a tenth of a human's average lifespan just to recover (7 years).

3) Same example as 1, but add $6,700 for the solar panels and all that. You'd get a daily profit of $23.24. $16,000 + $6,700 = $22,700, giving you a total of 976 days to recover your investment (a little over 2.5 years, the rest as profit).

Currently, it's difficult and expensive to mine Bitcoin. If you still want to mine, here are some tips:
- You can store everything you mine until the price goes up and then sell it. That helps.
- Perform maintenance on the miners once a month if you live in a dusty area, or every three months if you live in a clean environment (needless to say, with the mining equipment turned off).
- Always have a fire extinguisher on hand and don't place cardboard under the miners (I speak from experience).
- Don't even think about solo mining; always look for a pool.
- Always look for mining pools with merged mining, so you can get some extra.
- Try to mine in an isolated location, as the noise from the miners is very loud and can disturb neighbors (even those 5 houses away).

If, despite all this, you're still interested in mining, I can only wish you luck.

Source:
https://www.bitmain.com/
https://whattomine.com/asic
https://www.gogreensolar.com/
Post
Topic
Board Mining
Re: Has anyone here actually found a block while solomining
by
elsoleado
on 23/04/2025, 21:33:46 UTC
If you combine it with solar panels, if you have many years of life left, no debt, and don't mind the noise, you might be able to find a Bitcoin block in 10-20 years, or if you're really unlucky, 31 years.
Of course, you'd have to buy 100 NerdQaxe++ – 4.8 TH/s – 76 Watts, each costing $500 ($5,000 total), not to mention that the solar panels would cost you approximately $10,000 in total (I mean, so you have a net profit).

Now let's test your luck:
https://i.ibb.co/jsNV7F0/bccbvcvv.png
Post
Topic
Board Mining
Re: Cheap ASIC option for BTC solo mining
by
elsoleado
on 23/04/2025, 21:13:25 UTC
Have you considered an Antminer L3+ instead? (for mining Litecoin and Dogecoin with merged mining), they're cheaper, consume much less than Bitcoin ones, and two of these generate more than an S9.