This was the original post. Archiving to the second post.
With the cards inbound and the existing cards this should put me somewhere in the 7-8 GH/s range. That, at current difficulties is just a tad over 5 BTC/day.
Since I have zero reputation within the BTC community, I'd like to start small and gradually work my way to the point where I am funding large scale expansions of this farm. Eventually I'll be shifting over to FPGA builds as I close in on the power cap of the building and my own ability to pay the power bill between cycles of selling BTC.
Ideally I'd be looking at loans starting near the middle of the current month and ending near the middle of the following month. This would give me time to assemble the inbound hardware and have it mine towards the loan principle and interest. Loan sizes would be slightly underneath the total BTC capable of being mined within a 1 month period so that the existing hardware will fund the principle and the inbound hardware would fund the interest. Excess coins would be saved for the next expansion or sold to cover rent/power.
I believe that covers it. I've been warned there'll be a fair share of trolling due to my noob status within the community so.. bring on the trolls.Q/A:
How can we trust you?
I'm a supermod over at XtremeSystems -> link to profile
I have a relatively inactive heatware account. Still shows a long history of good sales. -> link to account
If you need more evidence I can provide it. Those two should be a good start.
Why not get a loan from a bank?
Banks don't accept BTC. By funding through the BTC community I can receive small loans very quickly that will fit the expansion schedule that I expect to maintain for this summer. Short of a massive spike in difficulty within one of the loan periods, I will be able to cover the loans and interest from the output of the mining operation.
Why not invest in a mining coop?
I like mining as a hobby. The logistics around running such a setup and wringing out every bit of efficiency out of the hardware is a bit cathartic after spending years overclocking hardware for raw MHz. I'm just trading a shockingly large liquid nitrogen bill for an equally large electricity bill.
Why not start with FPGAs?
MH/$ is currently too low. I plan on sucking up cheap 5830s at ~2.7 MH/$ and reasonable 5970s at ~2.2 MH/$ to quickly expand my income while I wait for 22nm based FPGAs to hit the market in Q4/2012-Q1/2013. Once that happens I'll likely liquidate my GPU farm and roll the proceeds in to a FPGA farm hosted in my residence.
If any other interesting questions pop up I'll append them to this.