200k USD in electric bills every month. ESG out of the window

Lokasi 2nd floor elements mall melaka

This post has been edited by Boy96: May 21 2024, 08:19 AM

So long it's legal. Don't jelly

bodo..u have such a big farm but u reveal it to the public. u just made urself a target for kidnappers/robbers.

Wow, they can earn 6 bitcoins per month, that's very impressive

impossible they can earn money if without ahem ahem to the electricity

This post has been edited by jack2: May 21 2024, 04:27 AM

6 bitcoin is around 360k USD, tnb bill 200k USD. I think can make money. Big farms usually makes big bucks.

Ok la, not stealing electric but this kind of raise the question of how he is getting the space in mall and if he's doing so in compliance to government rules & regulatory.

Crypto mining is akin to running a small factory producing high heat, noise? and consuming high electricity, so under normal circumstances its definitely not allowed to park inside mall.

Abandoned mall, means owner allowed to operate there freely?

Saw comments say it might be elements mall melaka

Old vid I think. These arent ASICS. Gpu mining isn’t profitable anymore

This is the reason why ccp ban crypto mining. Such a waste of resource

Legal or not? Fire safety?

Even with Asics you can profit with commercial tariff ?

With the latest generation of ASICS, it is profitable to mine in countries with cheap energy.

Malaysia is not one of them.

Bear in mind the recent Bitcoin halving event. Mining cost (electricity consumption) has increased again.

All in bitkoin, go big or go home

this is sad and a waste of resources

abandoned shopping mall bomba lazy go renew FC

some department should say something about this but as usual all buat bodo

This kid prolly has pahang datukship

BTC 71k now. NBDRE

No, CCP didn't ban, still a lot in China.

CCP want a profit cut , you can setup a JV between CCP (especially near hydroelectric dam) and plot your sharing chart.

ETH +19% .. maigawd.. so fast pancut

summore it's a commercial rate, not residential.
If they plan to expose their business, they need prepare everybody are eyeing for them.

But good effort la.

what an idiot revealing himself just for one night fame

At the end also gamble on crypto price. If btc at 20k. Rugi teruk. Now of cos profit

u mean 10 min he go poop and come out he already earn 10k in his pocket ?

It's banned since 2021. No mining and trading of crypto. Because of that many China crypto companies then choose to setup as fintech overseas like HK & SG are now began to get attention from oversea regulators and 1 by 1 getting banned also - like Binance

100k usd per month Get it while u can
N he didn't say he only has 1 mine

This post has been edited by taitianhin: May 21 2024, 08:26 AM

So malacca people will drop fiat and use BTC from now on?

That crossed my mind instantly.. open target.

i am worrying they will be raiding after this vid.

Maybe wanna claim insurance time …

so much machines wor .
gross only 160k per month

Got hantu sighting there, u didnt watch the video?

Who want to steal or even go raid there.

Apa kaitan Binance and mining.. can't use it on the same sentence.

I have micro investment in my friend BTC mining farm, goes through local CCP, near hydro complex.

Maybe it's banned, but never died.

Good luck. Now focus on ETH clusters. BTC is out of sync

Wow! didn't know Malaysia still has such a huge farm.

Estimate can get 100k or at least 90k usd not very bad . But at the same time they could or maybe 100% buy foreign asset outside of malaysia . LHDN take note haha.


But true once u reveal your location , u cannot sleep everyday. Thousand of valuable graphic card on the stake. Plus anytime can cause fire if not careful.


For those asking why can operate in empty mall, no one care, if u can pay rental, utility and legal fee with no issue , the mall owner dont care because it is free money , if something go wrong, the mall owner will asset the damage and decide whether to help the tenant or not.

Dont know why they market their own farm, since they say investor i think they need free money or simply show off ?

This post has been edited by nelson969: May 21 2024, 08:36 AM

People should stop studying , working or go overseas to work.

No education also can do. Just mining coins.

Everyone calls u big boss

maybe another Genesis plan?

At commercial rate of RM 0.50/kW, current break even is >$70k is losing $.

maybe they hv something to save power?

Crypto price will always increase. Today 100k per month. If crypto price double it will be 200k per month profit. For normal ppl just buy n hold.

Tnb cannot unless u solar

But iirc last time tnb came out with mining tariff that might be profitable

But factor in upkeep and machine degradation, not worth it

Don't think they do illegal.

This are SG guys. Don't think they want to take the risk.

It use 90% of the mall electricity. The mall before open got to apply TNB for how much consumption need. So it still between the mall limit.

Rather leave it empty, why not.

Good luck to him after this vid

Only sohai will fall for this scam

This post has been edited by NathanJeans: May 21 2024, 08:45 AM

I disagree. It has nothing to what the mall capacity. It is masalah popit question.

Mining can't be profitable if not "ahem ahem"

singaporeans?

good lah can used dead mall this way

If your home electricty keep on tripping, you know who is the culprit

This post has been edited by r3d2: May 21 2024, 08:52 AM

Best place is at Iceland.

Cheap energy from renewable.

You only need an environment to cool it down. No need fan and energy.

Damn good margin profit.

I agree. His video mentions about investment plan too for investors. I believe this is the target. Else, it won't be profitable at all if using proper way from electricity consumption.

Bitcoin ppl all like this wan. They keep want to show off how rich can get to attract more people to buy bitcoin so they can sell.

It's like MLM

oh ya. Luckily I am not bitcoin people.

oi, you two!

anyway, stupid to show people his btc factory, good luck to his family safety.

haha.. i wanna mention you. He indirectly said you too, bitcoin people

Equipment is approx USD500k. You need to depreciate that too. Then come up with your profits after deducting yer operating and maintenance costs.

btc is up to 71k, up 7% past 24 hr.

don't fade it

Ah, the haircut, classic haircut of the (scammer) champions.

which mall is this?

haha u got it.

if so good earning , they wont share the info to public la . this is to bait sohai fall for it ..

singapork ka.
sini bil letric murah lah rm keep droping.

you see the classic hairstyle sudah tahu showoff style

There is really no benefit of sharing this information online.
Most likely a bait operation so breakins can happen and they can claim insurance.

No, i don't think insurance co will accept this type of business/operation.

this type of video mau pancing investor lah tu, if real big guys won't reveal their location, nanti kena curi sure gg

ya, coz investors will think they own the machines, and everything can be seen. Hardly is scam.

But who knows one night all lari???

is it they setting up the mining farm to repurpose the unused mall?

else if spent so much money, why not build a solar farm and sell the electricity to tnb.

No way it's profitable with the new electricity tariff, no?

how to join his mining plans?

He so much money but no security??
Come on la what want to hide if everything is legal

if kena curi wash hand not his problem

Another ponzi scheme

I think the video also stated that all is from investors... water fish investors now

USD300k less USD200k
not yet include those cost
expensive card (still got ppl mining using this graphic card nowadays?)
mall rental
security guard - only 1 person?


maybe not his money, that why dare to show off
since viral, LHDN sure like this kind of biz to investigate

later tell investors all kena rampas by LHDN.. case close

This post has been edited by Iceman74: May 21 2024, 09:55 AM

i guess within 1 week after viral, authorities will visit liao

And 1 GPU can be resold to 1000 investors

This post has been edited by GagalLand: May 21 2024, 09:52 AM

AI Data Centers are also doing the same computations..

Lel. Nk bait orang lettew.
Tgk siapa kena pancing
Cashflow tight ke

3060ti for that price can buy top end amd flagship card liao.. kek

with the halving, means they can only mine 3 BTCs a month now. still bole untung kah liddat?

Hello PDRM
Hello LHDN
Hello TNB

Also if I had got mining center. Wouldn't even exposed which location.

Robbers ? Sure got security la..


Kidnappers ?? He manage it , not owning it

LHDN got minum teh ?

they trying to get investor in la, or else what u think they are doing lol, charity? education?

guarded by police bantuan
ppl got kabel punya -

^

looking for investors

BTC is going up now, so calculations seem good

However if you just see 1 year ago, compare to electricity bill, probably losing money. Not yet consider things like rent, while a small fraction of the electricity cost, its still money.

This feels more like a scam trying to get more people to buy in

this.

Bomba sure visit

bomba visit takut to fireworks ah?

fire hazard boss, ini mall not industrial lot pun.

BTC price not stand still.

It's coming going up fast .

All kautim already.

gaotim.com.my?

Mine gold also waste money. Industry requires but still, usage not as much

kasi report mati dia!

tak apa, itu duid investors, bukan dia.