Holy mother of Mary
You are one crazy fella 😆, no wonder you mentioned a warehouse lol, I think this move is easy for you because you have been around since the last bear market, you have come to understand that a bear market is the best time to gather those yummy altcoins, hehe I am sure you will have a success story to share on here by 2025 👍, Rock on Fella.
I did start a warehouse with 200 cards back in early 2018, but it went bankrupt when a big investor quit and we only received 200 cards instead of 1200 cards. The warehouse had enough power capacity to hold 3000 GPUs while the rent was $3500/month. Total hashrate was 5 Gh/s. This would equal 10 Gh today, as video cards were half as powerful back then.
I learned many lessons from that failure, so I will keep trying. I did find a few people who want to invest in an operation that size, but we need to wait until the right time to do it. $400 for an RTX 3060 is still too expensive. It needs to be MSRP or lower before we think about getting the warehouse.
Paying $2,000 just for cheap electricity at 2-3 cent per kWh, right?
No, the power cost would be 6-7 cents while the effective rent per kWh would be 2-3 cents. Let's say the warehouse has 125 kW of capacity, which is 90000 kWh per month. $2000 rent / 90000 = 2.2¢ per kWh. So the total operating cost is 8.2-9.2¢. Obviously, the more power the site can handle, the more cards we can fit, so the lower the operating cost/kWh.
If it wasn't for the cheap electricity, I don't think any warehouse could demand a rent fee of $2,000 just to park 12.5-25 mining rigs there. That's like asking $160-$80 per mining rig. Insane price since local warehouses in my country only takes less than $15 for 1 mining rig, electricity price at 8 cent per kWh.
What I said was that 100-200 video cards is the maximum most people in the U.S. can run in a residential house with a 200A 240v electric panel. Anything more requires a warehouse. Datacenter colocation isn't possible because it costs at least 13¢/kWh.
