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I have spent a couple of days reading and learning from other topics and I would like to have an opinion about my specific case, to understand if I'm going in the right direction.
I have the possibility of setting up a small mining farm, all the costs will be born by a second person, while the revenues will be equally shared. Basically, my job is to set up everything, choose the assets, the coins, manage the mining operations, etc.
what I have:
- free electricity up to 30/40kW
- an empty building --> no heating and noise issues
- the possibility to deduct part of the hardware costs
What I would do now is to buy as many GPUs as I can (considering the kW available and the deductibility), connect them and choose the coins to mine through whattomine or directly through NiceHash. (I know, I'm still a super noob)
I know there are many possible ways to make it better: use a CLI miner, study the altcoin market (not only through whattomine), carefully choose the GPUs, choose the right pool etc..but before going too deep in this direction, do you think I'm going in the right direction?
To sum up: Considering what I have, if I spend a lot of time and energy, will I be able to set up a profitable farm?
ofc any advice or comment is welcome and sorry for the super long topic!
