Many congratulations OP! Being a parent in Today's world is not easy as it comes with many unexpected expenses. So you will have to plan well so that your baby's future is secured.
You have mentioned that you have access to free electricity and a lot of it is being wasted. Why not try mining? When you have a resource for free, try to make the most out of it.
Also periodical investment in Bitcoin is not a bad idea. But I will suggest to diversify your portfolio. Not just Bitcoin, but also include gold and silver into it. In longer term, it will give you a great return.