Listing Id: 13897
Last Refreshed: 07/05/2019
Total Views: 12024
(Expired)Looking For Partners To Crypto Mining
Central AreaEcommerce Websites and Online Stores
Asking Price: S$50,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
2018
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Source
Broker
Reason For Sale
Seeking investments
Description
The real way to make money is not by investing in cryptocurrency itself, but rather, by investing in its underlying infrastructure.
We are looking for investment partners to be part of our crypto mining operation in Singapore to execute on an expansion model to grow its crypto assets materially.
How Do We Make Money Crypto Mining?
Every time MGT’s Bitcoin miners solve a block we receive our Bitcoin reward. We then sell our mined cryptocurrencies at the end of each mining month. At this time we are currently keeping 10% of our mined coins for long-term investments.
On top of the profits we make from selling our mined Cryptocurrencies, we also make money on the transaction fees when we sell the cryptocurrencies to the public.
How Much Are We Looking For?
We are looking for partners to come in $50,000 for 10% of the business
Singapore