----- Lot's from mikeywith ------
Hey there, thank you for your detailed respond! Appreciate it Smiley
I figured out that 0.16 EUR kWh is way to much so I managed to get industry electricity from a nearby company which costs around 0.05 EUR kWh. Do you think the project could be more feasible now? I found a British website offering antminer s19 pro for about £7,399.99 each -
https://coinminingcentral.com/collections/frontpage/products/bitmain-antminer-s19-pro-110-th-s?rfsn=1704384.5cfb1b . The website seems reliable. If I buy now 5 Antminer S19 pro for a price of 8500 EUR, my initial investment (+cables, shipping costs, etc.) would be 50-60k EUR, do you think it could be profitable or do you think I should get rid of the idea? Because these electricity costs of 0.05 kWh are tempting...
Is there a limit on how MUCH of that .05 EUR/Kwh is available at the location you chose? How about cooling at that location? How about noise produced by the miners at that location? Is there Internet access available? I would expect that with five S19 Pro you'll need wiring for at least 20 Kilowatts of electricity.
I ask these questions since I didn't see anything about the TYPE of business (Industrial, Office, Manufacturing, etc) that might have problems supporting a mining operation.
The company is in the poultry industry. They only process Category III abattoir byproducts from poultry there, meaning the production is already pretty noisy. There is internet access available (pretty good one). There is no limit on the 0.05 kWh/EUR since the company already uses a lot of energy so they have really good contracts with the energy provider. They have special cooling deposits for their products where I could set up the ASICS etc.