Mark Parent
Reno, NV (USA)
Role(s):
Founder/Owner/Principal
Tetryx, LLC
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Startup
Location:
Reno
Industry:
Technology/Web
Year Founded:
2019
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Tetryx’s plan is to bring a 12 mega watt mining facility on-line with the latest most powerful and efficient miners within 150 days of funding and turn a profit in excess of 100% in the first 30 days.
Tetryx will provide an integral part of the Bitcoin network by supplying over 250 Peta Hash (computing power) to authenticate Bitcoin blockchains along with transactions all around the world. This amount of hashing rate would place it in the top 10 contributors globally in a specific mining pool. This amount of hashing rate would produce just shy of 59 Bitcoin a month. Based on the current trading, that amounts to over $500,000.
Tetryx has been mining for almost two years privately. During this time it learned what works and what doesn't. Having spoken with manufacturers all over the world researching the best way to mine and applying that to its (URL removed)ing this time, projected ROI was roughly 18 months, and it took Tetryx just over 19. Tetryx continually invests its profits into the operation to keep it as up to date as possible but, unfortunately has run out of space and power for further expansion.
Total projected build cost is $9,625,367.25. Build time is approximately 150 days, including 85 day lead time for equipment being built in and shipping from China. Data centers being built in AZ have a lead time of 8-10 weeks. Site prep and power upgrades 30-45 days.