(continued from https://forum.ethereum.org/discussion/11038/anyone-interested-in-partnering-up-a-mining-farm-in-vietnam-for-usd-0-07-p-kwh ...)
###################
Introduction
###################
My name is Kairos, and I'm a Singaporean living in Singapore, and am returning to DaNang Vietnam where I had a staycation for 2 years running a mini bar/restaurant.
I wanted to set up a Gaming Cafe while there, but got lazy and just continued the bar/restaurant as it was, instead of following the original idea of upgrading it into a Gaming Cafe.
Partially, it wasn't just because I was "lazy", I also kinda got cold feet wondering if the investment I'd be making can really realize returns from Gaming alone, in a foreign land, being all alone.
I returned to Singapore where I went back into the workforce, when I discovered Bitcoin and Mining, and ran a 20+ GPU farm mining Scrypt. Mt Gox happened so I liquidated + donated to charities and carried on with my Senior BDM job.
I facepalmed when I realized I could've set up the Gaming Cafe while realizing returns through Mining 100% of the downtime where the PCs are not being rented for Gaming.
I have finally refined my business plan and believe I have a compelling case to make.
I am currently in talks with a 24x GPU setup, so I might as well ask around a second time.
###################
Who am I talking to
###################
If you have a bunch of GPUs that are near, or past their warranties, and find that Mining just simply isn't profitable enough anymore for such a headache (believe me, we all know the anxiety), I invite you to consider partnering up with me to set up the abovementioned project.
I am currently in talks with a 24x GPU project, and don't see why I shouldn't ask if any of you too, are interested.
We'll set up a Singaporean company, and do it by the book, with Equity and Legal all in place, etc, and the Company will own the Danang company which houses and operates the "GaMining" Cafe.
This is also why I'm looking at GPUs which are near, or past warranty, because that's then one less headache to consider. DaNang houses a whole array of computer component factories for Acer, Dell, etc, and there are many street-shops actually doing DEEP-REPAIR of computer components - amazing sight to behold, since they look like (what I call) Dirt-Pits.
################
Why DaNang?
################
- I have an existing and reliable social and support network there
- Cheap labor (USD 400 per month for general/ service workers)
- Cheap real estate (USD 400 per month for a 3-storeyed, 3BR house. I used the first floor to run my mini bar/restaurant. Each floor can house >10 terminals.)
- Computer components deep-repair availability
- DaNangers are rich enough to afford entertainment, esp this Gaming Cafe, but still too poor to make sense of purchasing Gaming PCs, or fiber-optics internet
- Cheap, reliable fiber-optics internet
- Cheap, reliable electricity at USD$ 0.07 pkWh (no outages since 2 years, plus they just upgraded the local power plant)
- No competition. the current Dirt-Pits there house Pentium-era computers capable of playing only ancient games such as DOTA1, Counterstrike. The best part? They're almost always 100% full occupancy. I actually forced myself to try them out at 3 different venues. The current charges for these dirt pits are 1/2 the price of a standard meal. I plan to charge 1/1 a standard meal for the first 6 months "promotion".
- Friendlly to Foreign(er) Business. The DaNang administration council have geared the state for a very business friendly environment, whether local or foreign owned. e.g. I didn't even bother registering my bar/restaurant and there was ZERO problems for that 2 years. However, with this GaMining Cafe with tens of Ks worth of equipment, I definitely will go by the book, and know how to.
- It's a nice city with Forbes Top5 most luxurious beaches in the world, but there's really jack-shit to do in DaNang, whether you're local, tourist or expat. It bored the hell out of me, and everyone, I'm sure. Time to poison all these guys into being hardcore gamers and vibe up the place with tournaments, competitions, leaderboards, and so on. Also, check out https://www.vetv.com .
##############
The Math
##############
SERIOUS ENQUIRIES ONLY PLEASE, I'm busy enough as it is, if you will excuse me.
We're looking at a minimum of USD$ 12k if we're starting off from scratch to acquire assets for a 24x terminals set up.
USD$ 75k for a 100x terminals set up.
24x Setup
----------
Cost Per PC
Component Newegg Qty Total
XFX Radeon RX 480 $239.99 24 $5,759.76
Routers $49.99 4 $199.96
MSI H110I Pro $97.98 24 $2,351.52
incl. 8GB Kingston HyperX Fury DDR4-2133 $0.00 24 $0.00
Intel Core i3-6100 $119.99 24 $2,879.76
2x Western Digital WD3200AAJS 320GB $43.98 24 $1,055.52
Antec VP-450W $45.84 24 $1,100.16
Cases $50.00 24 $1,200.00
Keyboards $10.00 24 $240.00
Mice $10.00 24 $240.00
Headsets $20.00 24 $480.00
Desks $50.00 27 $1,350.00
Chairs $50.00 27 $1,350.00
Total $787.77 x $18,206.68
100x Setup
----------
Cost Per PC
Component Newegg Qty Total
XFX Radeon RX 480 $239.99 100 $23,999.00
Routers $49.99 16 $799.84
MSI H110I Pro $97.98 100 $9,798.00
incl. 8GB Kingston HyperX Fury DDR4-2133 $0.00 100 $0.00
Intel Core i3-6100 $119.99 100 $11,999.00
2x Western Digital WD3200AAJS 320GB $43.98 100 $4,398.00
Antec VP-450W $45.84 100 $4,584.00
Cases $50.00 100 $5,000.00
Keyboards $10.00 100 $1,000.00
Mice $10.00 100 $1,000.00
Headsets $20.00 100 $2,000.00
Desks $50.00 100 $5,000.00
Chairs $50.00 100 $5,000.00
Total $787.77 x $74,577.84
If you already have the GPUs, obviously it'll be less.
#############
For a 24x setup, at the price of a standard meal, per hour, and AT ONLY 3 HOURS OF GAMING PER DAY PER PC, 100% downtime mining of ETH at USD$ 9.00, the expected ROI is about 7-8 months. Better, if GPUs are already in hand. Better, if each terminal experiences more than 3 hours of gameplay per day.
#############
I am NOT willing to entertain anything above 100x, because I have a feeling that 100x would be approaching the tipping point of being too risky to ascertain commercial viability/ feasibilty. However, I have zero precedence nor math to back this up.
Meaning, that once I have enough confirmed investments, I will no longer be accepting interested offers.
I will go in tranches of 100x per 6 months, until we reach saturation point, where there will be almost too many Gaming PCs for the given market. (I have a feeling that 300x is the saturation point? /shrugs? no math or precedence to back this up.)
If talks with my first interested party of 24x follows through, in this 6 months, I will be looking for a max additional of (100 - 24= ) 76x terminals.
Current Open slots:
2017 Jan - Jun: (24x pending) + 76x
2017 Jul - Dec: 100x
2018 Jan - Jun: 100x
##############
Cafe Terms
##############
- I will be age-regulating the business - I will not allow under-16s to patronize the business. I won't be able to forgive myself if I get poor kids addicted to video games. (Optionally, I may give them 1-hour free slots for them to use and learn graphics and video processing, educationals, etc).
- Thus, target demographics will be 16 - 40 year olds, and expats, foreigners and tourists.
- Users are expected to wear cotton gloves at all times, to keep the equipment pristine.
- Cafe will be air-conditioned for comfort. We will also be vending energy drinks and snacks.
- Starting promotion price charges of 1x standard meal per hour for the first 3 - 6 months, depending on patronage. Will increase after the honeymoon stage. (For comparison, here in Singapore, the prices per hour is about 2.5x standard meal.)
##############
Interested?
##############
The only thing left to do is tell me what you already have, I will recombobulate splines to reflect the new parameters, and you make me an offer of equity for running the show for you in full.
Best equity offers will gain priority.
Thank you, and best of luck!
-----------
Most Sincerely, Kairos.
add me: https://linkedin.com/in/ (nospam) kskaizen
add me: https://facebook.com/ (nospam) ks.kaizen
email me: ks.kaizen (nospam) @gmail.com
###################
Introduction
###################
My name is Kairos, and I'm a Singaporean living in Singapore, and am returning to DaNang Vietnam where I had a staycation for 2 years running a mini bar/restaurant.
I wanted to set up a Gaming Cafe while there, but got lazy and just continued the bar/restaurant as it was, instead of following the original idea of upgrading it into a Gaming Cafe.
Partially, it wasn't just because I was "lazy", I also kinda got cold feet wondering if the investment I'd be making can really realize returns from Gaming alone, in a foreign land, being all alone.
I returned to Singapore where I went back into the workforce, when I discovered Bitcoin and Mining, and ran a 20+ GPU farm mining Scrypt. Mt Gox happened so I liquidated + donated to charities and carried on with my Senior BDM job.
I facepalmed when I realized I could've set up the Gaming Cafe while realizing returns through Mining 100% of the downtime where the PCs are not being rented for Gaming.
I have finally refined my business plan and believe I have a compelling case to make.
I am currently in talks with a 24x GPU setup, so I might as well ask around a second time.
###################
Who am I talking to
###################
If you have a bunch of GPUs that are near, or past their warranties, and find that Mining just simply isn't profitable enough anymore for such a headache (believe me, we all know the anxiety), I invite you to consider partnering up with me to set up the abovementioned project.
I am currently in talks with a 24x GPU project, and don't see why I shouldn't ask if any of you too, are interested.
We'll set up a Singaporean company, and do it by the book, with Equity and Legal all in place, etc, and the Company will own the Danang company which houses and operates the "GaMining" Cafe.
This is also why I'm looking at GPUs which are near, or past warranty, because that's then one less headache to consider. DaNang houses a whole array of computer component factories for Acer, Dell, etc, and there are many street-shops actually doing DEEP-REPAIR of computer components - amazing sight to behold, since they look like (what I call) Dirt-Pits.
################
Why DaNang?
################
- I have an existing and reliable social and support network there
- Cheap labor (USD 400 per month for general/ service workers)
- Cheap real estate (USD 400 per month for a 3-storeyed, 3BR house. I used the first floor to run my mini bar/restaurant. Each floor can house >10 terminals.)
- Computer components deep-repair availability
- DaNangers are rich enough to afford entertainment, esp this Gaming Cafe, but still too poor to make sense of purchasing Gaming PCs, or fiber-optics internet
- Cheap, reliable fiber-optics internet
- Cheap, reliable electricity at USD$ 0.07 pkWh (no outages since 2 years, plus they just upgraded the local power plant)
- No competition. the current Dirt-Pits there house Pentium-era computers capable of playing only ancient games such as DOTA1, Counterstrike. The best part? They're almost always 100% full occupancy. I actually forced myself to try them out at 3 different venues. The current charges for these dirt pits are 1/2 the price of a standard meal. I plan to charge 1/1 a standard meal for the first 6 months "promotion".
- Friendlly to Foreign(er) Business. The DaNang administration council have geared the state for a very business friendly environment, whether local or foreign owned. e.g. I didn't even bother registering my bar/restaurant and there was ZERO problems for that 2 years. However, with this GaMining Cafe with tens of Ks worth of equipment, I definitely will go by the book, and know how to.
- It's a nice city with Forbes Top5 most luxurious beaches in the world, but there's really jack-shit to do in DaNang, whether you're local, tourist or expat. It bored the hell out of me, and everyone, I'm sure. Time to poison all these guys into being hardcore gamers and vibe up the place with tournaments, competitions, leaderboards, and so on. Also, check out https://www.vetv.com .
##############
The Math
##############
SERIOUS ENQUIRIES ONLY PLEASE, I'm busy enough as it is, if you will excuse me.
We're looking at a minimum of USD$ 12k if we're starting off from scratch to acquire assets for a 24x terminals set up.
USD$ 75k for a 100x terminals set up.
24x Setup
----------
Cost Per PC
Component Newegg Qty Total
XFX Radeon RX 480 $239.99 24 $5,759.76
Routers $49.99 4 $199.96
MSI H110I Pro $97.98 24 $2,351.52
incl. 8GB Kingston HyperX Fury DDR4-2133 $0.00 24 $0.00
Intel Core i3-6100 $119.99 24 $2,879.76
2x Western Digital WD3200AAJS 320GB $43.98 24 $1,055.52
Antec VP-450W $45.84 24 $1,100.16
Cases $50.00 24 $1,200.00
Keyboards $10.00 24 $240.00
Mice $10.00 24 $240.00
Headsets $20.00 24 $480.00
Desks $50.00 27 $1,350.00
Chairs $50.00 27 $1,350.00
Total $787.77 x $18,206.68
100x Setup
----------
Cost Per PC
Component Newegg Qty Total
XFX Radeon RX 480 $239.99 100 $23,999.00
Routers $49.99 16 $799.84
MSI H110I Pro $97.98 100 $9,798.00
incl. 8GB Kingston HyperX Fury DDR4-2133 $0.00 100 $0.00
Intel Core i3-6100 $119.99 100 $11,999.00
2x Western Digital WD3200AAJS 320GB $43.98 100 $4,398.00
Antec VP-450W $45.84 100 $4,584.00
Cases $50.00 100 $5,000.00
Keyboards $10.00 100 $1,000.00
Mice $10.00 100 $1,000.00
Headsets $20.00 100 $2,000.00
Desks $50.00 100 $5,000.00
Chairs $50.00 100 $5,000.00
Total $787.77 x $74,577.84
If you already have the GPUs, obviously it'll be less.
#############
For a 24x setup, at the price of a standard meal, per hour, and AT ONLY 3 HOURS OF GAMING PER DAY PER PC, 100% downtime mining of ETH at USD$ 9.00, the expected ROI is about 7-8 months. Better, if GPUs are already in hand. Better, if each terminal experiences more than 3 hours of gameplay per day.
#############
I am NOT willing to entertain anything above 100x, because I have a feeling that 100x would be approaching the tipping point of being too risky to ascertain commercial viability/ feasibilty. However, I have zero precedence nor math to back this up.
Meaning, that once I have enough confirmed investments, I will no longer be accepting interested offers.
I will go in tranches of 100x per 6 months, until we reach saturation point, where there will be almost too many Gaming PCs for the given market. (I have a feeling that 300x is the saturation point? /shrugs? no math or precedence to back this up.)
If talks with my first interested party of 24x follows through, in this 6 months, I will be looking for a max additional of (100 - 24= ) 76x terminals.
Current Open slots:
2017 Jan - Jun: (24x pending) + 76x
2017 Jul - Dec: 100x
2018 Jan - Jun: 100x
##############
Cafe Terms
##############
- I will be age-regulating the business - I will not allow under-16s to patronize the business. I won't be able to forgive myself if I get poor kids addicted to video games. (Optionally, I may give them 1-hour free slots for them to use and learn graphics and video processing, educationals, etc).
- Thus, target demographics will be 16 - 40 year olds, and expats, foreigners and tourists.
- Users are expected to wear cotton gloves at all times, to keep the equipment pristine.
- Cafe will be air-conditioned for comfort. We will also be vending energy drinks and snacks.
- Starting promotion price charges of 1x standard meal per hour for the first 3 - 6 months, depending on patronage. Will increase after the honeymoon stage. (For comparison, here in Singapore, the prices per hour is about 2.5x standard meal.)
##############
Interested?
##############
The only thing left to do is tell me what you already have, I will recombobulate splines to reflect the new parameters, and you make me an offer of equity for running the show for you in full.
Best equity offers will gain priority.
Thank you, and best of luck!
-----------
Most Sincerely, Kairos.
add me: https://linkedin.com/in/ (nospam) kskaizen
add me: https://facebook.com/ (nospam) ks.kaizen
email me: ks.kaizen (nospam) @gmail.com