re: $1m cash

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2- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.

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$12k a month on a $100k investment?


Why are you only putting 10% into that then?

[quote] 2 chicks at the same time


I second this

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You say people can make 12 per month, then paint a scaled up picture of making nothing. Is this one of the only business models in the world where scale makes you less.

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Wow........

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$12k a month on a $100k investment?


Why are you only putting 10% into that then?

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As I explained to the guy who stated he could build the infrastructure, it eventually comes down electricity. Can the city or electric company supply it...etc.


Let's take a major farm (this is what you are suggesting). It's easy to look up these types of farms in TX to understand the amount of electricity needed for this to be done on the level another poster spoke of.

In Tx, during Feb of this year, a farm shut down on it's on because 4.5 million people were going to be without electricity if they did not.

Here is the report:

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Chad Harris got an urgent phone call during last February’s epic Texas winter storm, something he was expecting as the operator of the single largest bitcoin mining and hosting facility in North America.

“You need to shed your power now; we need it,” Harris said, recalling the conversation with his local transmission company in Central Texas. As CEO of Rockdale-based Whinstone, which later became a subsidiary of Riot Blockchain, he had a ready answer.

“I told them we already had done it two days ago,” he said.

That storm left at least 4.5 million electricity customers in Texas without power.

This time around, there’s been a year of dialogue between mining companies, the governor’s office and the state’s grid operator, the Electric Reliability Council of Texas. Miners met with Gov. Greg Abbott in October and said they would shut down in the event of another winter storm.

Earlier this week, Riot Blockchain sent a letter to Abbott with its plan to voluntarily shut down and had 99% of its operations powered off by 7 p.m. Wednesday.

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We are talking sub-stations installed. In 2018, a 85-megawatt transformer and electric substation making 60 megawatts available for a mine the size the other person was talking about.


Most people that are rich make money without the need of the headache and don't really care.