Author

Topic: Medium scale mining operation (Read 253 times)

newbie
Activity: 8
Merit: 0
October 10, 2017, 09:15:14 AM
#1
Hi Guys,

I am considering starting up a medium scale mining operation (looking to invest 100k). I do not have the technical expertise and time to set-up everything myself and would ideally contract a company or individual to do so. The only reason why i am considering this is because I have access to free electricity (don't ask, and its ultimately unlimited until we reach 500k machines, at that point id assume wed pay 1c per kWh). This would be a USA northeast operation   

my question to you guys... does this sound like a reasonable venture?

We have some of the advantages some of the large miners have:
-subsidized electricity
-high net worth investors
-scalability

We are looking to start with ETH and BTC, then look towards some of the smaller coins

Also, what would be the ideal setup for a rig like this?
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