Hey guys, I'm just getting started in the BTC world. This idea is in its first stages as I'm sure there's much I don't know, but I would love to get some discussion on this to see if its a viable idea that can help both people with space and miners.
My family owns a restaurant. We're in a shopping center and we've recently expanded into the building next to us. As one of his managers, I'm trying to find ways to bring in additional income from some empty space we have right now. This building is primarily being used for storage and office space, with very little power being consumed in this part of the restaurant. I have at least a 10ft. long wall where I feel that I could set up rows of mining stations. It's an entirely separate room off the main restaurant floor, and back near the kitchen area--So I don't think sound or heat will be an issue.
Most of this is baseless assumption (at least until anyone confirms), so please feel free to correct me.
- Power is an issue for serious miners trying to operate out of their home. There's a cap on how much power you can suck from a residential unit, and end up paying more once you cross a certain usage threshold (one which a restaurant would maintain without being anything out of the norm, thus *hopefully* not a large increase in price from usage increase).
- Space, heat, and just convenience. Running even four PCs in the room can be HOT as hell, unsafe, and very cluttering--if you could get all of that out of your room, would it be worth a small % in BTC mined, or small flat monthly fee?
- If this is an effective strategy for both miners and any small business owner with some extra space looking to both enter the BTC trade, we could set the blueprints to commercializing the process on a small scale all over. I'm sure there's some professional companies already offering this kind of service, but I'm not trying to develop a 5,000sq./ft storage facility, I want to just work with someone one on one. If that works, I personally know three or four small business owners with space that would be interested if a few more miners wanted to get involved.
There are some glaring issues of course.
First, the legality--I have no clue if this is legal. I rent the space from the landlord already, so I can't see how I would be violating any laws.
Also, maintenance--If the cluster goes down overnight, I would have to run up there to restart I guess? Could it be set up to where I could virtually connect and set everything back up from my house (or the miner could)?
What else? Has this been tried before and I completely missed it? Is there any reason for a miner NOT to move the operation out of the house and onto a more stable power grid?
I'm not trying to make millions on this. I want to look back at the end of the day and be in the green, but primarily I'm becoming obsessed with Bitcoin. I'm intrigued by the mining process, and while I don't have the know-how or parts to get into it competitively, I do have the space and potential resources to help someone out that does.
Thanks in advance for any response!