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A few updates:
Earlier this week I visited the property where we are building out the mine. It seems the weather put a delay on the project.
The electricians dug the trench to bury the high voltage cable we are running from the transformer to the building, but then it rained for 3 days straight so they didn't fill in the trench. This of course meant that the contractor couldn't get into the building to deliver the materials....uggh.
So finally on Monday of this week, the contractor was able to get to the building and deliver the materials. I arrived as he was unloading pallets of block.
I'm planning another surprise visit next week to push and prod them a bit more. Now it seems we are looking at the first week of September before we can get into the building.
The sooner the better as both my business partner and I have mining hardware running at home which is quite loud and starting to push our S.O. relationship boundaries....lol
Also, my oldest son decided at the very last moment to come work for us. He was literally supposed to move into his dorm the next day and called me to say he deferred college admission and wanted to move to Estonia.
What a horrible situation for him. Eighteen years old, living in a college town in Estonia with the world's hottest girls, living in a very nice apartment in the center of the city, making more money than the dean of the university.... yeah, I'm a little jealous...
He is currently in KS right now training with the GPU mining operation and packing up our mining hardware to ship to Estonia....trial by fire...
This has been very challenging. We must package all the GPU's, motherboards, risers, PSU's, memory cards, etc. in static free packaging, put in huge gaylord boxes on pallets, and ship to Estonia via air freight.
He also must itemize every single item going into those boxes, create a bill of lading, an invoice, pack with EU certification documentation and manage shipping these items. All for an 18 year old kid fresh out of high school.
He'll get more education in 6 months than in 4 years of college.
Based on our shipping schedules, within 30 days maximum, we will have our facility up and running with 12 Innosilicon A9's, 12 Bitmain Z9 minis, 25 8-GPU mining rigs, and 19 12-GPU mining rigs.
We will mine ZenCash with the A9's, Zcash with the Z9's and will convert the GPU rigs to Monero.
Based on currently calculations, we would be around $30k/month run rate in profit (in USD terms) at the end of September at the latest.
Earlier this week I visited the property where we are building out the mine. It seems the weather put a delay on the project.
The electricians dug the trench to bury the high voltage cable we are running from the transformer to the building, but then it rained for 3 days straight so they didn't fill in the trench. This of course meant that the contractor couldn't get into the building to deliver the materials....uggh.
So finally on Monday of this week, the contractor was able to get to the building and deliver the materials. I arrived as he was unloading pallets of block.
I'm planning another surprise visit next week to push and prod them a bit more. Now it seems we are looking at the first week of September before we can get into the building.
The sooner the better as both my business partner and I have mining hardware running at home which is quite loud and starting to push our S.O. relationship boundaries....lol
Also, my oldest son decided at the very last moment to come work for us. He was literally supposed to move into his dorm the next day and called me to say he deferred college admission and wanted to move to Estonia.
What a horrible situation for him. Eighteen years old, living in a college town in Estonia with the world's hottest girls, living in a very nice apartment in the center of the city, making more money than the dean of the university.... yeah, I'm a little jealous...
He is currently in KS right now training with the GPU mining operation and packing up our mining hardware to ship to Estonia....trial by fire...
This has been very challenging. We must package all the GPU's, motherboards, risers, PSU's, memory cards, etc. in static free packaging, put in huge gaylord boxes on pallets, and ship to Estonia via air freight.
He also must itemize every single item going into those boxes, create a bill of lading, an invoice, pack with EU certification documentation and manage shipping these items. All for an 18 year old kid fresh out of high school.
He'll get more education in 6 months than in 4 years of college.
Based on our shipping schedules, within 30 days maximum, we will have our facility up and running with 12 Innosilicon A9's, 12 Bitmain Z9 minis, 25 8-GPU mining rigs, and 19 12-GPU mining rigs.
We will mine ZenCash with the A9's, Zcash with the Z9's and will convert the GPU rigs to Monero.
Based on currently calculations, we would be around $30k/month run rate in profit (in USD terms) at the end of September at the latest.
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