Location, Location, Location
I've been asked all my life why I don't work with computers, IT, or something technology-related. I've taken the hint.
Some friends and family have been following my experiments with Bitcoin mining, and have seen my progress over the past three months. It's time to expand my operation from a lucrative hobby to a full-time business. What I need to do is purchase an industrial-grade mining system, and take full advantage of the cheap BPU power. Unlike in most parts of the country, where the cost of power plays a major role in the profit margin of a mine, the local power plant allows me an almost unfairly huge advantage.
With the $5,095, I will be able to purchase an SP30 Yukon miner-- which is over 15x more powerful than my current hardware. At the current difficulty and Bitcoin/USD conversion rate, this hardware will generate roughly $3,350 in the first month.
From that point forward, the profits will ensure that the venture will not only self-sustain-- but grow on a monthly basis. If somehow I raise enough funds for two-- the rate of growth will be astronomical as the proceeds will purchase a third unit right after the first month.
I figure if a guy can raise $50,000 to make a $10 potato salad, I might have a decent chance to start my own business.
Some friends and family have been following my experiments with Bitcoin mining, and have seen my progress over the past three months. It's time to expand my operation from a lucrative hobby to a full-time business. What I need to do is purchase an industrial-grade mining system, and take full advantage of the cheap BPU power. Unlike in most parts of the country, where the cost of power plays a major role in the profit margin of a mine, the local power plant allows me an almost unfairly huge advantage.
With the $5,095, I will be able to purchase an SP30 Yukon miner-- which is over 15x more powerful than my current hardware. At the current difficulty and Bitcoin/USD conversion rate, this hardware will generate roughly $3,350 in the first month.
From that point forward, the profits will ensure that the venture will not only self-sustain-- but grow on a monthly basis. If somehow I raise enough funds for two-- the rate of growth will be astronomical as the proceeds will purchase a third unit right after the first month.
I figure if a guy can raise $50,000 to make a $10 potato salad, I might have a decent chance to start my own business.
Organizer
Bill Gullotti
Organizer
Celoron, NY