Crowd Funded Mining Rig 2 - Proposal and Investment Oppurtunity
Hi Steemians,
This is @uxair.
Today I am writing this post to announce the funding proposal for our next Crowd funded Mining Rig.
The partnership structure and ownership rights will remain same as our previous rig.
If you want to learn more about the project please navigate through our Blog History.
The mining hardware are back to their original price because of Fear in market, I feel it's the best time to setup a rig.
First let's have a look at list of hardware We intent to buy:
The card is going to generate almost 29 Mhs per card on power usage of 130W. so in total the machine is going to generate 350 Mhs with power usage of 1600W in total. (after some modding)
The Expected profit is going to look something like this.
The profit is still lower then we generate from mining rigs in early days of industry but I want to make few points here:
First of all our main goal is to make profit (Not CryptoCurrency) so this is the best time to grab hardware because the price of hardware are increasing day by day and the best bet is to buy it today. I expect the market to grow again with another fresh bullish wave and this will almost double and triple our expected profit.
Secondly the hardware are new and most of them are under warranty so we are eliminating risk factor as much as possible. Our investment is insured.
Now our rig is going to cost almost 5790$ or 2363 SBD (Current Rate).
PROCEDURE
If you want to be part of this rig the minimum investment is 23 SBD which is going to give you around 1% ownership share in this rig.
If you want to participate, Open your wallet, Send any amount of SBD (minimum 23) to @activeminers with a memo (mining rig 2 Deposit).
RULES
Anything below 23 SBD will be refunded normally.
The funding is open for 10 days from now.
If the funded amount is less then 40% of total cost. Everything is going to be refunded.
If the funded amount is more then 40% , I @uxair will fill the rest of the amount from my own, claiming the remaining number of shares.
Please note that i have successfully ran a project earlier , My main goal is to make profit in any form either from selling hardware, mining or availing any other opportunity.
If you are unable to trust our project Kindly don't invest with us. Wait for some more days until you see some reputable performance.
If you have Any questions. Join me on Discord
Or write below in the comment section
Please Resteem and thanks for Reading
@activeminers - good luck in your mining efforts. Just one question. If I invest the minimum amount of SBD and get back 1% or about $2.88 (I read this USD) per the above math is correct. This works out to be a little more than 1 SBD per month (at today's rate of USD $2.50 for SBD)? Thanks for your post. Upvoted & followed.
Yes you are right. But amount greater then 1% can be claimed.
Tha profit generated will be much lower as compared to today's market conditions but our main goal is to grab hardware on correct time. May be we can sell those hardware later to make profit l, like we did in our last rig.
Additionally I expect the market to grow higher which will increase our profit as well.
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