Calling all Bitcoiners and Nostriches. I would like the advice of the community for how to approach a Bitcoin mining opportunity. Please repost / boost for more exposure because there is no algorithm to help with attention.

I have a site 2.5 hours south of St. Louis, Missouri. There are machines running now and I control the site. The energy is $0.06 per kWh and I have struggled to raise capital because this has passed the acceptable risk threshold for many institutional type investors.

I could run it as a hosting site and markup the energy price or I could raise smaller amounts of money and run my own ASICS. I have 12 spots left that can accommodate S19 series ASICS and any additional spots will require electrical work.

The site is capable of 5MW now and an additional expansion opportunity to 14MW at no cost if I fill the 5MW. The rural utility also has underutilized substation locations where $0.035 per kWh is possible if we “prove” there is demand.

My dream would be a true “pleb mine” or open source type of approach where everything is owned by the miners and there is not a true corporate structure or perhaps similar to the not for profit model that rural coops themselves operate under?. Or like a Bitcoin space with an educational component, workshops, meet ups, etc. I have also had discussions on Nostr with developers that have expressed interest in hosting space for projects not in Amazon’s cloud.

I am open to suggestions, partners, collaboration, investment, donations, etc. to monetize and build the site and above all want this to be a Bitcoin / Nostr only endeavor in the spirit of freedom and open source. My DM’s are open and I welcome public discussion.