Brob12321,

Thanks for your reply.

I'd rather buy old hydro plant.. 5-10 years(+few more years  to build the plant) is too long to wait, time is BItcoin.

Thanks!

Hello all, this is my first posting.

I have been mining BTC for 3 years, but the cost of electricity is too high here(Let's assume if you're ruunning 1000 Antminer S9 the electricity cost is 1.6 million a year).

I'm just curious if an individual can legally own or build small(1 to 10MW) hydro electric plant for bitcoin mining in the States.

I understand the initial cost will be very high. But I assume that it can provide electricity for decades of years and I can resell the plant if mining won't profitable anymore in the future.


I personally think that bitcoin mining will be profitable for long time if I can get cheap electricity. The price of Bitcoin went up as time goes and halving comes.


So, can I build or buy a hydro plant in the US? How do you think?