Such negativity, let's review what I said,
Let's start with a target in 500th. Not 5ph, obviously growth changes upgrades and perhaps multiple sites would get to us to the larger goal. The datacebter facility power and client base is already there, running, I own it, I built it in 2004, I've been providing colocation since 1995. I am a Cisco engineer.
Next I didn't ask anyone to send equipment I asked for a discussion on a group to mine together. Maybe someone w a 2 cent per kWh rate on Wa. can go hunt down a building for us.
Lease.
Next I have the experience already to build the datacebter, install the power, ventellation, and network. I've done it all many times over.
Lastly I've been mining bitcoin very successfully for about a year, everything is running great at 70th, there is definitely a learning curve so if you don't already mine over 10 or 20 th you probably won't understand do feel free not to chime in unless you have this much needed experience.
But Thanks though for all the great input!
As someone who has hobby mined 10TH +, and 20TH +, I can relate. But going from even these amounts to 500TH is a massive undertaking. You are likely to have growing pains unless you have someone who has done it before. Your still talking about gong from hobby mining to a professional data center from 70T to 500T. There are a LOT of things you need to plan out.
I like the idea. The trust and capital to do it will be the hard things to get. There just would have to be a pretty solid written out business plan.