If you had $1M USD to setup mining op & sell first contract before 12/31?
TRUE STORY from California, USA.
I have a $1M+ short term capital gain (not from crypto) and I would like to (quickly!) put it all into crypto mining business.
I have extensive IT / unix / server experience and I've dabbled a little bit in crypto (very small... coinbase account, bought $1k worth of various, very small).
What would you do if you needed to spend 1 million (primarily on equipment) before christmas??
I can't imagine buying and deploying (300) RTX 3090's before 12/31 with cooling and power for that massivity solved.
I can't use my garage becase theirs no way I can have enough power setup before 12/31? (only 100A to home).
I used to use colo facilties for dedicated server hosting, but I wouldn't imagine server colo datacenters are are friendly to power/cooling requirements?
How many amps are we talking? Maybe I could quickly rent a warehouse with enough power?.
What would you guys do??
I have a $1M+ short term capital gain (not from crypto) and I would like to (quickly!) put it all into crypto mining business.
I have extensive IT / unix / server experience and I've dabbled a little bit in crypto (very small... coinbase account, bought $1k worth of various, very small).
What would you do if you needed to spend 1 million (primarily on equipment) before christmas??
I can't imagine buying and deploying (300) RTX 3090's before 12/31 with cooling and power for that massivity solved.
I can't use my garage becase theirs no way I can have enough power setup before 12/31? (only 100A to home).
I used to use colo facilties for dedicated server hosting, but I wouldn't imagine server colo datacenters are are friendly to power/cooling requirements?
How many amps are we talking? Maybe I could quickly rent a warehouse with enough power?.
What would you guys do??