Rather than giving ROI numbers it would be better to share different scenarios. Ethereum can be problematic with the incoming supply of drivers. I beleive you should inform us more about renewable energy and legal status. I do not believe that it can be profitable with this preferences.
Hello, thanks for the feedback! You can read my post about electricity prices on the website:
http://goldenfleece.co/index.php/2017/07/20/electricity-price-in-georgia/But I will also review wind/solar here.
More than 80% of energy is derived from Hydro Power Plants, the rest is derived in winter by Gas Powered Plants.Wind and solar are new to Georgia but have strong support from the state. There was launched first 20 MW wind power plant last year in Georgia, near city Gori. Because it was pilot project and built by state owned agency, state gave them quite high Power Purchase Agreement for 6.89 USD cents per KW/h. There is 5 MW pilot solar project which is being built in Udabno region with 6.5 USD cent PPA. However our energy partner Georg Van Der Berg (you can find him on our team page) with deep expertise in renewable energy is ready to develop solar power plant with 6 USD cent purchase agreement. We also have local small scale renewable partner company called Helios, they will be doing video review of our mining plans next week on national tv.
These are useful links about Georgian energy sector:
http://forbes.ge/news/2332/In-7-months%2C-the-wind-power-plant-in-Kartli-generated-3-mln-kWh-more-energy-than-forecasted-https://investingeorgia.org/en/keysectors/energyLegislation is liberal for cryptocurrency. Bitfury has built 3 large mining facilities with 100+ mln USD investment. Local Liberty Bank has Bitcoin/Litecoin online exchange.
Feel free to ask any further questions!