Quote from: yuriygeorge on January 02, 2015, 12:08:43 PM

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.

Option B seems to be a better deal if you are going to mine for really long term, but I prefer option A as I dont want to spend so much money to upgrade and it seems risky as bitcoin halving is coming soon.