Post
Topic
Board Mining speculation
Re: [RENAMED] 800 amp, ~300kW, <$0.03/kwh, warehouse for $3,000 a month
by
yuriygeorge
on 02/01/2015, 12:08:43 UTC
That's awesome. Thanks very much. I've looked into Washington State but it looks like all the good spots have been taken up already Sad. I'm keeping an eye out though Wink

I'm having trouble deciding which route to take.

Option A) 800 amps, 3-phase 208v/120, service already installed at $2-3k a month, ~3000-5000 sq ft
Option B) 200 amps, 3-phase 240v/120 (older "delta" "CT" installation) at $2k a month, ~5000-7000 sq ft. Spend anywhere between $30-$80k upgrading to 0.5MW-1MW, possibly more.
Option C) Neither, find a place you can buy, not lease. I should mention there large 7000-8000 sq ft warehouse building available made of concrete foundation, but that's around $250k for the property to buy (not sure about the electric but probably have to upgrade either way as in option B). That's the major leagues though.
*Presumably I can do 2-5 year lease terms.

Option B would require more capital because I'd have to upgrade with the utilities company but it could turn out to be a better long-term solution. But, I also think upgrading to 0.5MW-1MW, would be a bit over my head.

I think, given my experience, I should probably just go with Option A for now, and if I can build up some experience there, consider moving or starting another operation in something like Option B (where I'd have to make bigger expenditures, i.e., upgrading with electrical company). Thoughts? I also pmed "smracer." It seems like, he was doing something similar with the 1200 amp warehouse, but lucky for him, he bought the place, so he has a lot more leeway there.