What I want to know first are the market trends... I have no idea where to start. I know ETH is big now, but it will dip. I don't expect it to completely deflate, but it can't sustain its current growth. Also PoS is incoming at an unknown time.
We plan mine profitable altcoin at the moment - we have software that will switch mining based on online data.
Will there be any other alts who will be profitable with GPUs?
Yes, so much.
Would you diversify and buy some ASICs?
Yes, possible.
Why go ICO and not a loan (for me personally, I might be able to find funding from relatives)?
If we find investors, we no need ICO.
How far into the planning are you?
Our ROI time less 6 month. After that we plan build other farm.
It's funny, lots of the specs and conditions you mentioned are the same as I thought. I am very interested in the progress of your project - if you start a blog or website, please let us know here. I think I will work on a business plan this summer and see if I will get into the business or not. If we both try to do this at the same time, maybe we can figure out some sort of cooperation (on software and hardware development), if you're open to the idea