I'm looking into setting up a GPU farm. Please hold off on the criticism and death threats, I've already made up my mind. My only obstacle is finding a place with very cheap electric rates as I will be pulling some serious wattage, think upwards of 1000 kwh / day. I've heard of electric rates being as low at $.0065 near hydro electric dams, however I can't find much online. If anyone points me in the direction to find such cheap electric rates at a reasonable locale I will give them a bounty of .5 BTC, but any other help is encouraged as well 
Good for you! The market is demanding more Scrypt power than the available supply.
Also take the climate and politics into account. You want to be somewhere cold as hell, but with good internet and stable government.
Take a look at Quebec and BC. Their gold mines get cheap power, plus it's freezing most of the time.
http://en.wikipedia.org/wiki/Electricity_sector_in_Canada
The socialists in Quebec might even give you a grant to bring some jobs (LOL
).And you could charge for the heat you generate, or donate it to a school/orphanage/old folks' home.
