Medium scale mining operation

[kshea1241]

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?

[philipma1957]

if you have free power.

you need a few things

a building  that can extract or exhaust heat.

I would tell you to avoid eth

go for zcash

and btc + bcc


I would build nvidia rigs with the 1070 gpu

I would buy

both  s-9 and avalon 741

I would source  psus  from  sidehack here on this site.

never never never buy psu's from

bitmain or canaan.io/avalon    simple reason is that psu's are easy to source right here in the USA.

I would use  awesomeminer to check the asic gear
I would use smos to check the gpus.


Buysolar and I have a solar array  I could possibly set your place up.


You also need good reliable internet.

I am in New Jersey  what state are you in?