Quote from: Maidak on August 20, 2014, 02:02:20 AM

Quote from: tempestb on August 19, 2014, 05:59:21 PM

You need way more research and to come up with a business plan and cost analysis to see if this is even worthwhile to do. You're picking numbers out of a hat and I don't think you've really determined if what you're attempting to do will even be profitable.

You might be better off just building a data center and hosting other people's miners and giving them a reduced electrical cost thanks to your Solar Panels.

Realistically though, solar panels in Ohio are not optimal (I live in the same State, near you) and we get a LOT of cloudy weather, not to mention... Snow. So it's not a great idea. And electricity here is not that expensive compared to most of the rest of the world. (Though not all of it.)

You need to factor in cooling costs, and whether or not your local power company can deliver the kind of wattage you need to your location (Which sounds like a farm out in Medina or Elyria something). Your property needs to be zoned for that kind of activity as well.

I wouldn't mind having access to a low cost data center near me. But the margins on mining are very thin, and if you think you're going to spend half a million building this thing and then make that back through mining you're nuts.

I know what is needed to make it happen and I know solar paneling isn't the absolute BEST option for ohio but would work great if its a process that is gradually worked on throughout the year since electricity is fairly cheap where the property is its not a requirement right off the bat. I am going to assume since it is relativity close to an already up and running beryllium factory that the zoning shouldn't be much of an issue. Of course this would be part of that checklist prior to an actual group funding of this project.

I do completely understand the costs of it and what its going to run after transformers, cooling, wiring etc is all factored in. However i'm not going to go out and pull in all of this together before checking to see how many users would be interested in a offering like this. This is why I have it labeled as interest check and not a group buy where I am already collecting funds.

Quote from: ccollectables on August 19, 2014, 08:16:46 PM

I would be interested in investing, depending on the finer details once they are released. I am with others in that you have made it seem much easier than it will be.

I'm well aware that it 'appears' as if I made this sound easy. That was the point was to make this easy for the users who helped invest towards this. I am aware of the work load the amount of time and man hours a project like this will need.

Quote from: MWNinja on August 19, 2014, 06:13:57 PM

Transformers, power distribution, and wiring is going to cost more than the total of your current estimates. It's not cheap to build a megawatt facility.

See above.

Quote from: BTCBuyer on August 19, 2014, 08:22:22 PM

The OP obviously has no idea what he's talking about.

The electrical work alone is going to cost more than 150k with transformers and breakers and wiring.

I didn't state any where about transformer costs only what a rough estimate would be with a full-on solar panel installation.

So you are aware of my knowledge I have worked as a lineman in my past and acquired great deal of networking of electrical workers with 10-30 years + experience in this field a lot of whom are still close friends. I also just so happen to know one who runs a business for industrial and residential solar installations.

I ran quick numbers on a continuous load of 1.1 mwh/hr for the facility on 120 vac. With the air conditioning and other accessory load, and would need a minimum of a 1500 kva network transformer on the utility side to operate that load. I am also well aware its a major factor which is time consuming and costly.

Again this is why I am only looking at the community interest level, since this is not something I am able to just pull out of bank myself and get to building tomorrow. I'm not going to blindly collect money without first getting proper quotes and time frames. I don't mind constructive criticism and this is why I didn't self moderate this thread.

Why in the world would you have it at 120 volt? Do you own stock in a wire company?

I wish you luck, but your planning to have it be 120 volt shows you don't have much experience in this area. If you are serious, please consult with someone (preferably several people) who has done this before. You want to do this right the first time. As others have said, start small. Your learning lessons will cost much less.