Hello all,

I'm just another cryptohead who got into mining last year and sadly had to turn off my rigs due to my local high power costs and heat issues (built myself a 56x gpu farm before stopping).

Anyhow, I've recently come across a very interesting deal with one of the larger power companies out here in California for an allocation of 1000 AMPS for nearly free.

Sounds to good to be true? Maybe it is, the specifics still need to be worked out but the offer is real due to some other business arrangements my partner has with the power company for another company of his.

Now why am I here?

I am considering outfitting a warehouse big enough to house rigs for the 1000 AMPS.

I've started crunching the numbers and even at the current lower costs for equipment due to the market crashing, it's really hard to justify putting money into building fresh rigs when the market looks extremely bearish and we are likely heading lower.

I was watching one of VoskCoin's recent videos and noticed his power costs are nearly 50% of what he is earning at the moment and I'm sure for others it's even worse.

Anyway seems like there is definitely a market for providing in a sense subsidized power (zero power costs) for a % of the mining that is less than what it would be for most smaller operations that can not afford to run their rigs anymore or are not very profitable.

It would help some of the smaller miners keep their miners running and they would make more than they would with paying electricity costs.

My partner and I would obviously benefit from being able to take advantage of this offer we have on the table.

Open to ideas and discussion, feel free to PM me or post in this thread.