Quote from: Berau on April 07, 2017, 01:46:04 PM

how would you guys do it? would you stay local or move to someplace with better Laws/Energy/Mindset, would you try to get your own power source (solar panels, wind? generators?)
would you hoard btc? sell all as soon as you get it? some other combination of the 2?
and ofc, would you use the profit to upscale the equipment, and what percentage of income would be used this way?

I cheat - I'm ALREADY living in the land of Very Low Cost Electric, so I would not need to move.
Forget solar, wind, and your own generators - NOT cost effective unless your local power cost is ALREADY prohibitive for mining.
I'd probably sell enough to cover cost of rent/electric/living expenses, and use the rest to buy more hardware with 'till I get to the limit of my available SAFE power capasity, then likely hang on to the rest waiting for a price spike.

In fairness, I suspect some of the hardware I'd buy wouldn't be crypto-specific, but would be more for something like BOINC work with the earned GridCoin just to cover the electric cost (or perhaps a SMALL profit in good months like this month when GRC is high).