Mining

Hello humans
Together with a serbian friend we are investing around 50k into mining ethereum and we are placing the cards in Serbia where electricity costs next to nothing
Could some of you advice me what to expect, especially the Serbros. Thanks

Also would the state fuck with us, we have looked everything on the internet but there is no clear answer on the mining

The serbians WILL steal your stuff

Taxation of internet money is not possible, no one gives a shit as long as you pay for your electricity. If you want to cashout big sums - that's where problems start, but local Beethoven comes to help you.

He wont i guarantee you, we have family and business relations.

Sounds good, are you from Serbia?

Serbian authorities don't know shit about crypto. The most that could happen is that somebody might assume that you grow weed because of the electricity bill. Best is you keep a little bribing fund of $10.000 and you should be clear to buy out of anybody fucking with you.
Depending on where you mine, get in touch with the local head guys and pay them a bit to keep an eye on your mining hub, because their might be Albanians and Gypsies who would like to steal your hardware

That's where you're wrong kiddo. Eastern europeans don't have the same values western people do. Never trust gopniks with money. I wouldn't trust them to hold me the door, let alone 50k.

U can expect profits with low electric trinity costs. Don't listen these bastards no one will steal your rig.

>He wont i guarantee you, we have family and business relations.

AAAAAAAAAAAAAAAAAHHHHHHHH HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Yea i discussed this with my Serbian buddy, he said we could corrupt the right people if needed, and yeah i worried about the gypsies and albanians as the location will be on the south of the country but apparently they wont dare to fuck around cus his father is an ex policeman which is also going to watch the miners while we are not in Serbia.

Why are yiu laughing you piece of souless shit, do you really think he would backstab his sisters Belgian husband ?

Those bastards would backstab their own mother for half a marlboro.

hahahahaha you're so fucked already

Are you albanian? Because youre sounding like one

>on the south of the country
Don't user. Get your ass up to the Hungarian border. You don't want to deal with the literal dump of the Balkans. Shit I bet the father and his buddies already planned to fuck you.

Nope, Greek. I've met both albanians and serbians and most eastern european gopniks. The #1 rule is to not trust them.

t. Serbian

Looks like the gipsies getting some good hardware soon.

He is not joking.
>planned to fuck you
They will lieraly take turns over your hole.

never trust a serb
good luck

It is interesting how easily people come into these conclusions while you have no FUCKING idea on my relation with my family or what i went through with them. Anyway thank you for your concerns.

Gypsies? If they tried something We would literally behead them with a byzantine chant playing on the background

>Comes to Veeky Forums
>expecting anything else than people shitting on your dreams
If you need a pad on the back reedit is down the hall to the left, right next to the toilet

are you 12?

lol doing business with Serbians. if you want to throw your money away you can send the 50k to me and I will at least help the hungarian economy by fucking the escorts there.

Dude I am originally from Poland I know how slavs think, those serbians will steal every penny from you, and you wont be able to do anything to get it back.

So can we go to the main course now : what's to mine and vanity shoots?

Assuming I would lose much more in energy fees mining BTC/ETH/LTC instead of HODL these currencies.

Then why or how are so many independent miners investing into mining rigs to get these coins?

Worst case scenario, they steal me , i come back to belgium and i cut my relations with them and then they realise how fucked they are

Yes

Should have considered this

hopefully you don't get raided by the police that are going to think you're growing pot in there
let the power company know in advance that you're going to be consuming more electricity than the average household

also
checked

India superpower by EOY. I will poo in your loo