Andriy, 38, lives in a modest apartment in the eastern Ukrainian region of Donetsk. Unemployed, he decided to make some money by installing a "cryptocurrency farm" in his bedroom. He is already used to the noise of coolers, and the gain is guaranteed.
"For a thousand dollars a month, you have to have 12 Asics [cryptocurrency mining systems]. I had to invest about $ 3,000. I didn't have that money in the beginning. So I decided to buy the Asicsone by one. After paying for electricity and the internet, I now earn about 300 dollars a month. The amount is enough for daily expenses in Donetsk," says Andriy.
The computers in Andriy's bedroom decipher complicated algorithms to obtain virtual currencies that will ensure his financial independence without the need for a job.
About 800 kilometers away, in another separatist region, Transnistria, Moldova, Roman Lutenco, 30, is placing ads on Odnoklassniki and Vkontakte, Russian social networks, to offer rented locations for mining farms in Tiraspol, at "Mining Hotel."
"What I want to know is the value of the investment, whether it's worth starting or not... If a customer with 10,000 dollars calls us, there's no point in starting a business with him," Roman said at the end of the discussion, noting that it's interesting only by "rich investors."
Roman stressed that he offers all the mining conditions: installing the equipment, the connection of electricity to the mining location's security with video cameras, and "guards with dogs." Moreover, he offered to mediate the business with Tehnopark, the company that deals in Transnistria, with all the diligence to open a mining business.
On the Internet forums east of the Dniester, in Lugansk and Donbas, anyone can buy and install mining equipment. Anyone can purchase the parts of the so-called farms, even from electronics stores.
"A mining system is a computer with several integrated video cards. A standard apartment farm includes 4 to 6 video cards per unit. With the help of a particular program, the farm works in the Blockchain system, which creates the cryptocurrency chosen by the user ", explains a salesman from an online store in Donetsk, which we found on Vkontakte.
However, "homemade" mining cryptocurrencies are not so profitable. Experts in this field draw attention that large gains require "serious" investment in high-performance equipment.
Moreover, this must be connected to powerful energy sources in specially designed locations.
"There are dozens of operations that need to be confirmed and signed. If you signed the first one, the process is assured. For that, you are offered a part of the coins as a reward. The stronger the computer, the faster the mathematical problem is solved ", says the Blockchain Moldova Association president, Veaceslav Conev.
The most suitable for developing the mining business on a larger scale, in Transnistria, are the territories of abandoned factories under state management. Here there is an infrastructure for a three-phase current, and it can connect large containers with mining systems.
For example, such a location became the Tirsteklo Glass Factory in Tiraspol. This company has recently reshaped itself, becoming an importer of mining equipment.
In January 2018, Tirsteklo bought from an offshore company in China with Russian management, Goweb International Ltd, mining equipment worth about 8.7 million dollars.
"A mining system is a computer with several integrated video cards. A standard apartment farm includes 4 to 6 video cards per unit. With the help of a particular program, the farm works in the Blockchain system, which creates the cryptocurrency chosen by the user ", explains a salesman from an online store in Donetsk, which we found on Vkontakte.
However, "homemade" mining cryptocurrencies are not so profitable. Experts in this field draw attention that large gains require "serious" investment in high-performance equipment.
Moreover, this must be connected to powerful energy sources in specially designed locations.
"There are dozens of operations that need to be confirmed and signed. If you signed the first one, the process is assured. For that, you are offered a part of the coins as a reward. The stronger the computer, the faster the mathematical problem is solved ", says the Blockchain Moldova Association president, Veaceslav Conev.
The most suitable for developing the mining business on a larger scale, in Transnistria, are the territories of abandoned factories under state management. Here there is an infrastructure for a three-phase current, and it can connect large containers with mining systems.
For example, such a location became the Tirsteklo Glass Factory in Tiraspol. This company has recently reshaped itself, becoming an importer of mining equipment.
In January 2018, Tirsteklo bought from an offshore company in China with Russian management, Goweb International Ltd, mining equipment worth about 8.7 million dollars.
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Subject: TRANS-OIL GROUP - Agro Industrial Holding with Diverse Activities 
Fri Mar 15, 2024 4:01 pm
