Thanks for the input guys. Pretty much scratching that idea.
This place is going for $3,000 a month and has 800 amps at 208/120v, could possibly negotiate down. Electricity on average would be about $.025-$.029 a killowat. Anyone think there's a small business/mining opportunity here? Anyone think the community would be interested in pitching in for some kind of a "group host"/"group buy" option? Been thinking. Or 800 amps too little since that gives ~290kW. Another option would be to spend $30-80k alone upgrading to 3000 amps (1 MW), but that would be a much bigger project of course, and more capital.
here is your math 3000 rent a month. and lets say 800 x 208 x.75 =about 125kwatts safely 125 x 24 = 3000 x .029 = 87 dollar in power each day or 2610 this means 3000 + 2610 = 5610 a month for the real cost of ops so if you charge 6 cents a kwatt to me to mine you break out even.
So you need to charge me 8-9 cents to hopefully turn a profit. lets say you do 9 cents rent it all to miner you get 8100 -5610 = 2500
not counting internet .
not counting cooling
not count labor
so 9 cents is most likely not going to work for you try 10 cents that comes to 9000 -5610 = 3500 a month this may be okay on your end but on the miners end 10 cents is high.
I am in my house I pay 13 cents but for the next 3-4 months it is reduced to 10 cents due to heat savings. So I have no need to use a 10 cent hoster until apr-may.
Also I am in USA, NJ I have to ship my 8 sp20's to you which will cost money to ship and money lost to shipping + setup time. So it is a tough sell to me.
Now if it was May and I do not need the heat and my rates are turning to 16 cents for the summer on June 1. sending you 8 miners may make sense.
I think your timing is off a bit to start your business. A lot of people are like me and they will mine in their house for the next 100 days.