Crypto mining setup — idea stage, looking for funding partner (cash+equity)
Who I am: Solo founder, handling execution myself.
What I'm building: A Bitcoin ASIC mining setup. Idea stage — no equipment purchased, no site set up yet.
Traction: ❌ Idea only. Nothing built or validated yet.
What I need: Funding for hardware and setup costs.
Setup plan: ~3x Bitcoin ASIC miners (~200 TH/s each), total hardware cost roughly ₹9-10L. Power draw ~250 kWh/day combined; targeting an industrial/commercial electricity rate to keep running costs down.
Economics: Returns scale with investment — more capital means more hardware and better access to low electricity rates, which directly improves margins. This isn't a quick-turnaround setup — estimated 4-5 months to break-even based on current mining calculators (actual numbers depend on BTC price and network difficulty, will share live profitability figures before finalizing).
Commitment level: Ad hoc / as-needed — roughly 15-18 days a month if/when your input is required, not a fixed weekly schedule.
What I'm bringing: Hands-on execution — sourcing hardware, setup, and day-to-day running of the operation. I'll send a weekly update on progress and status throughout.
Compensation: Cash + equity. Split negotiable based on investment size.