I own a 4,000 sq. ft building with a 300 KVA transformer. I'm retired and need to supplement my income due to medical issues. I was approached by a mining company to lease the building and the electricity. (Too long of a story to explain how I ended up with the building and the transformer)
Company Proposal:
Lease 4,000 sq. ft building, 1,000 amps, and cement pad space for (2) 80' containers outside. Their offer is $2,000/month.
1- Would you accept their offer?
2- Would you counter their offer? Why?
I've done the math, but I interested in hearing from those of you who have been in the mining business a lot longer than me.
Thank You for taking time to share your expertise and insight.