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Showing 3 of 3 results by realjohntit0r
Post
Topic
Board Hardware
Re: Crypto Farm Project
by
realjohntit0r
on 19/11/2024, 14:22:49 UTC
Running a home mine is vastly different than running an industrial-scale farm. Do you have *any* experience in business management? Things such as facilities design/management for power & HVAC, human resources, IT skills, etc? This goes far beyond finding a building, running some wiring and then loading it with miners.

So, I’m fully aware of that. I’ve worked in Big Tech in PO and PM departments, and I’ve been part of the IT team in blockchain programming. However, I know this is a completely different challenge. I have an idea of how to get started — I’d need to find a competent manager, a CTO with experience, and begin building a team to help structure everything because it wouldn’t be possible to handle it alone.

It’s very challenging but also tempting. Do you have experience in this area? What would you do in my position?
Post
Topic
Board Hardware
Topic OP
Crypto Farm Project
by
realjohntit0r
on 18/11/2024, 17:51:26 UTC
Hello, everyone! I’d like to talk to you about an opportunity that has come up. I have experience with home mining setups, rigs with 50/60 GPUs. However, a friend of mine, who has substantial funds and influential connections, recently secured investors to put $10 million into a crypto mining farm project. He also managed to obtain a license to set up this farm in Oman, where energy costs are as low as $0.06 per kWh.

Here’s the thing: he asked me to lead the project. While I have experience, I’m not knowledgeable about large-scale farms. I believe I can study, structure a plan, and assemble an appropriate team, but the scale of the project feels overwhelming. I would have a stake in the project and receive a monthly income, but I’m also questioning whether this is the right time to take this on.

We’re living in a dream phase for Bitcoin with the bull market, but starting this farm now means it would only be operational in about a year and a half. By then, there’s the possibility of a significant Bitcoin correction due to political factors or external events, which historically tend to cause sharp price drops.

What would you do in my situation? What contingencies do you think I should consider? Is it worth taking this risk? I’m in a relatively good place in life right now. I have my investments, my savings in crypto, and I don’t depend on taking on this level of stress to maintain my lifestyle.

I’d love to hear your perspectives on this and see the situation through different eyes.
Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoin Forever
by
realjohntit0r
on 22/03/2023, 02:53:59 UTC
Guys, this is my first post here. I want to share with you, who are admirers and have embraced this technology just like me, my vision about all of this. I am a professional in the financial market, I have the Ancord certification as an Independent Investment Agent, and this process has led me to understand the traditional system, how it works, and also to perceive its flaws. Today, I can affirm that, although it may be clear to many people, the traditional system is weak and flawed, it doesn't work and will suffer crashes from time to time, but it is a system that those in charge have found, governments have found to be able to control people and their capital. Bitcoin is something so extraordinary and beautiful that it managed to break the entire traditional system without turning back, it managed to remodel and change the whole human perception about capital. Today, knowing both worlds, it is the only currency that I trust, it is the only system that I trust and I will dedicate my life to carry this forward. Bitcoin forever.