Dear Nounish communities,
I’m currently working on a proposal I believe will be a huge help to the Nounish model, by utilizing crypto mining to refill our treasuries endlessly.  Meaning we can keep doing Nounish things without always worrying about making a ROI, or worrying about a slow down in auctions.

SkateHive co-founder, who rolls with longboards, sailing, community building, and web3!

Through a partnership I’m developing between Alteri, a trusted leader in fractional ownership crypto mining, it’s possible to buy and host mining equipment that will create a steady, alternative income stream for us to refill our treasuries with. Fractional ownership means we can share the  ASIC miner ownership.

The machines we will be purchasing are L9 ASIC miners, all brand new with warranty, and at a price cheaper than market price. The electricity is also cheaper, as they have a major deal with the local power company. I’m still waiting on exact numbers, but ROI should be around 6 months, but probably less.

I know this is not the norm for Nouns, so consider this a trail run, and proof of concept. We can always expand later using the mining rewards to scale up our mining down the road.
The main risk that I see, is if the market goes super bearish in less than 6 months. If market stays bullish, then we’ll be in profit.

These miners will be hosted for us in Texas, by a team I’ve worked with since the last bull run, and the rewards will by automatically deposited into our treasuries.
The Alteri team is fully doxxed, with a proven track record, and we’re planning a digital tour of the facility along with the proposal.