Sustainable Solar-Powered Bitcoin Mining in Upstate New York
- Martin Low
- 7 days ago
- 31 min read
Introduction: Powering a Green Revolution in Crypto
We are launching a sustainable, solar-powered Bitcoin mining operation in Upstate New York – a project that combines cutting-edge green technology with cryptocurrency to drive high profitability, environmental responsibility, and regional economic growth. Our goal is to raise $1,250,000 to make this vision a reality. This GoFundMe business proposal outlines our plan, from the heartfelt vision to the financial details, ensuring full transparency and an inspiring call to action. We invite you to join us in this venture and become a partner in a greener future for both crypto and our community.
Bitcoin mining is often criticized for its heavy energy use and carbon footprint. In many places, mining operations burn fossil fuels (like coal or natural gas) solely to power their rigs – some have even found they can make twice as much money using their own gas wells to mine Bitcoin than by selling gas on the market. But this comes at a terrible environmental cost: high greenhouse gas emissions, pollution, and a burden on local ecosystems. Our project proposes a better way. By using 100% renewable solar energy, we can run a profitable Bitcoin mine without harming the planet. In fact, if done right, solar-powered mining can be highly profitable – often achieving payback on investment within a year or two, after which the ongoing energy cost is almost zero. This means steady Bitcoin revenue with minimal overhead for decades, all while staying carbon-neutral.
Above all, this project isn’t just about earning profits; it’s about proving that cryptocurrency can be mined responsibly and sustainably, and that clean technology can power economic development. Upstate New York, with its open land and commitment to renewable energy, is the perfect place to make this happen. We’re excited to share our vision and plan with you in the sections below.
The Vision: Clean Energy + Crypto Mining = A Sustainable Future
Our vision is to build one of the first fully solar-powered Bitcoin mining facilities in the Northeastern United States. This facility will use Tesla Solar Roof tiles and Powerwall batteries to generate and store clean energy on-site, paired with state-of-the-art mining hardware that converts that green electricity into Bitcoin. The result will be a carbon-neutral “digital gold” mine. By leveraging solar power, we eliminate the need for fossil fuels entirely – no noisy generators, no CO2 belching smokestacks. Instead, our mining operation will quietly hum away on sunshine, demonstrating that Bitcoin can be mined with a zero-carbon footprint.
This isn’t just good for the environment; it’s also economically smart. Solar energy offers incredible long-term cost savings. Once our solar array and batteries are installed, the electricity they produce is essentially free for 25+ years aside from maintenance. According to experts, solar-powered mining operations can be highly profitable with very short payback times (sometimes just 1-2 years) before they recoup their costs and start generating nearly pure profit. After that, because our energy is renewable, each Bitcoin mined comes with almost zero energy cost, maximizing returns for the project and its supporters.
We also envision this project as a beacon of innovation and hope. By proving the model in Upstate New York, we can inspire similar green crypto initiatives around the country. The more mining operations shift to renewables, the more we mitigate the environmental impact of the crypto industry at large. Our project could pave the way for an era where Bitcoin is predominantly mined with solar, wind, hydro, and other clean sources – a future in which cryptocurrency is no longer seen as “dirty” energy waste, but as a driver of renewable energy investment.

Why Upstate New York?
Upstate New York is an ideal location for this venture for several compelling reasons:
Abundant Land and Sunlight: We plan to acquire commercial land in Upstate NY, where property is affordable and there is ample space for a solar installation. While New York isn’t as sunny as the Southwest, it still receives sufficient sunlight to make solar power viable (especially with today’s efficient panels/tiles). New York State has been aggressively promoting solar energy – through the NY-Sun program and state tax credits – meaning now is the perfect time to go solar in NY. We can tap into these incentives to stretch every dollar of our budget.
Renewable Energy Leadership: New York has a mandate to move towards clean energy, and Upstate regions already host wind farms, hydroelectric plants, and solar farms. Locating our project here aligns with state and local goals to attract green businesses. In fact, New York recently enacted policies to incentivize crypto miners to use renewables rather than fossil fuels. By being ahead of the curve and 100% renewable from day one, our mining operation can demonstrate compliance with and support for these forward-thinking energy policies.
Cool Climate for Efficiency: Mining hardware runs hot. A cooler ambient temperature (especially in fall, winter, and spring) means less energy needed for cooling the equipment. Upstate New York’s climate will naturally help with temperature control, boosting our overall efficiency.
Community and Economic Boost: Many Upstate NY communities have struggled with economic stagnation as old industries left. Our project can be part of the solution by bringing an innovative tech business into the area. We plan to engage with the local community, hire local contractors for construction and maintenance, and be a source of pride as a high-tech, green enterprise. Just as other mining operations have contributed to local economies through jobs and taxes (for example, a recent Bitcoin plant in NY created ~48 new jobs and increased local tax revenue), our project will deliver tangible benefits to the region without the environmental downsides.
In short, Upstate New York offers the space, support, and setting to make our sustainable mining operation thrive.

Sustainability at the Core: 100% Solar-Powered Mining
An aerial view of a large solar farm powering a data center – illustrating the kind of renewable energy setup we will use for our Bitcoin mining operation.
Our entire project is built around sustainability. From day one, we are committing to a 100% solar energy model for mining. Here’s how we will achieve that:
Tesla Solar Roof Tiles: Instead of conventional solar panels, we plan to use Tesla Solar Roof tiles on our facility. These innovative solar tiles integrate seamlessly into the building’s roof, capturing sunlight without the need for bulky panel racks. They’re durable, efficient, and made in the USA. By choosing Tesla’s solar technology, we support American manufacturing and ensure our project benefits from top-tier solar tech with a 25-year warranty for power production. (The image above shows a solar farm on a larger scale; our installation will use Tesla’s sleek solar roofing for a similarly sustainable power source.)
Tesla Powerwalls (Battery Storage): One challenge with solar energy is that it’s intermittent – the sun doesn’t shine at night. To guarantee 24/7 power for our mining rigs, we will deploy Tesla Powerwall batteries on site. These wall-mounted battery units will store excess solar energy generated during the day and supply the mining equipment after sundown or during cloudy periods. Powerwalls integrate tightly with the Solar Roof system, creating a robust microgrid. This means our mining operation can run around the clock on solar power, and we have backup energy reserves if there’s ever a string of cloudy days. By storing solar energy, we overcome intermittency and ensure reliability.
Zero Fossil Fuel Usage: We will not use coal, oil, or gas generators at all. Our model is to prove that even a power-hungry operation like crypto mining can run entirely on renewables. Solar panels on our roof and possibly ground mounts on the property will harness all the electricity we need. In fact, any excess solar energy produced (for example, on a sunny summer day when batteries are full) can be fed back into the grid or stored for later. New York allows net metering and other programs, so our project could even supply clean power to the local grid when we have a surplus, further benefiting the community.
Lower Carbon Footprint: By using solar, our project’s carbon footprint will be near zero. There are no direct emissions from our facility. Compare this to a traditional mining farm running on fossil electricity, which could emit thousands of tons of CO₂ annually (one notorious NY mining plant emitted as much CO₂ as tens of thousands of households – we will avoid that completely). If more mining operations follow our lead, the overall environmental impact of Bitcoin could be drastically reduced. We’re proud to lead by example and show that green Bitcoin mining is not only possible, but preferable.
Supporting the Renewable Transition: Our project aligns with a broader trend: the Bitcoin mining industry is slowly but surely moving toward renewable energy. Already, an estimated 54% of mining power globally comes from renewable sources. By launching a 100% solar operation, we bolster that trend. We also plan to take advantage of any green energy incentives, tax credits, or grants available. Solar-powered crypto mining operations can qualify for various programs that improve financial viability – including federal Investment Tax Credits for solar installation, New York State incentives, and possibly grants for innovative energy projects. These benefits will help us maximize the impact of funds raised and ensure long-term sustainability (financially and ecologically).
In summary, sustainability isn’t just a buzzword for us – it’s the foundation of this project. Every Bitcoin we mine will be “green”, with each hash calculated on renewable energy. Contributors to our campaign are not only investing in a business, but also in the environment and the future of clean technology.

High Profitability: Mining Bitcoin with Minimal Costs
While our mission is rooted in sustainability, we also know that profitability is key to success. The exciting news is that going green actually boosts our profitability in the long run. Here’s why our solar-powered Bitcoin mining operation is a financially smart investment:
Near-Zero Energy Costs: Electricity is by far the largest ongoing cost in any Bitcoin mining operation. By building our own solar energy source, we avoid having to buy power from the grid (which in New York can be costly). After the initial investment in solar tiles and batteries, our energy essentially becomes free. This gives us a huge competitive advantage – while other miners pay high electricity bills or fuel costs, our operation enjoys almost zero energy expense for decades. That means a larger share of the Bitcoin we mine is pure profit. It’s estimated that with solar power, a mining farm’s payback period can be as short as one to two years. After that, because the panels keep generating power at no cost, the operation can yield strong profits for 25+ years (with only minor costs for upkeep and occasional hardware refreshes).
State-of-the-Art Mining Hardware: We will invest roughly $500,000 (half our funding) into top-tier Bitcoin mining hardware. This will likely purchase hundreds of specialized ASIC miners (Application-Specific Integrated Circuits) known for high hash rate and energy efficiency. By consulting with Pickaxe.io, our industry partner, we will procure the best miners available for our budget – maximizing hashing power while minimizing power consumption. Modern mining rigs are far more efficient than older models, yielding more Bitcoin per watt of power. Combined with our free solar electricity, this efficiency translates to an impressive flow of Bitcoin for minimal operational cost. The mined Bitcoin can be sold at market price or held as an asset that could appreciate. In effect, we’ll be producing Bitcoin at a steep discount compared to buying it on the market, since our main cost (power) is covered by the sun. Owning mining equipment can generate higher returns over time compared to simply holding or buying Bitcoin directly, especially when the energy is low-cost. Additionally, the hardware itself retains some value and can be resold or upgraded, protecting our investment.
Expert Optimization by Pickaxe.io: High profitability in mining doesn’t just come from hardware; it comes from operating that hardware optimally. That’s where our partner Pickaxe.io comes in. Pickaxe is a leading crypto mining consultancy that offers fully managed, turnkey mining solutions. They will assist us with the infrastructure setup, miner configuration, and ongoing operational management. This means our rigs will be fine-tuned for maximum performance – we’ll squeeze every bit of hash rate possible and minimize downtime. Pickaxe’s services include real-time monitoring of miner health, efficient cooling strategies, and automatic adjustments to changing network conditions. With their support, we aim to keep our facility running at >99% uptime. Every minute of uptime translates to more Bitcoin mined. By outsourcing the technical headaches to proven experts, we ensure that our mining farm runs smoothly and profitably from day one, rather than losing money from avoidable errors or downtime that often plague DIY operations.
Revenue Projections: While exact numbers will depend on Bitcoin’s price and mining difficulty, we can outline a potential scenario. With $500k in mining hardware, we might deploy (for example) ~100 high-end ASIC miners. At current network difficulty and a moderate Bitcoin price, such a farm could mine on the order of several bitcoins per month. If Bitcoin is priced around, say, $30,000 (just an illustrative figure), even 2 BTC mined in a month would be $60,000 revenue. Over a year that’s $720,000. And if Bitcoin’s value rises over time, the dollar-equivalent could be even higher. Importantly, our operational expenses (opex) are very low: thanks to solar, we don’t pay a huge electric bill each month. We’ll have maintenance costs, insurance, and maybe a small grid connection fee, but those are marginal compared to revenue. This means a large portion of mining revenue becomes profit that can be reinvested or distributed to investors. In essence, our contributors stand to benefit from the lucrative economics of crypto mining, bolstered by the cost-saving of solar power.
Long-Term Upside: Investors in this project are not just betting on our ability to mine Bitcoin efficiently; you’re also inherently gaining exposure to Bitcoin itself. Any Bitcoin we hold could appreciate significantly. Historically, Bitcoin’s price growth has made mining highly profitable for those who can manage costs. By controlling our energy costs through sustainable means, we safeguard the operation during bear markets (when prices are lower) and maximize gains during bull markets. Furthermore, our solar infrastructure could potentially generate additional revenue (for instance, by selling Renewable Energy Credits or feeding power to the grid at peak times). We’ll explore every avenue to monetize our assets responsibly.
In summary, our sustainable approach directly feeds our profitability. We’re marrying environmental innovation with sound business sense. Backers of this project can feel good about supporting green energy and enjoy the prospect of strong financial returns from a well-oiled Bitcoin mining enterprise.

Regional Economic Development: Investing in the Community
One of the most exciting aspects of this project is the positive impact it will have on the local Upstate New York community. We’re not a faceless mining farm – we’re neighbors and partners in regional progress. By funding this project, you’re also helping to create jobs, stimulate the local economy, and put Upstate New York on the map for high-tech sustainable initiatives.
Here’s how our project will spur regional development:
Job Creation: The establishment of our mining facility will create a variety of jobs. In the short term, we’ll need construction and electrical workers to prepare the site, install solar tiles, set up the facility, and get us running. This means contracting local builders, electricians, and possibly solar installers – providing work and income to families in the area. Once operational, we will have roles for technicians and operations managers to monitor the mining farm, perform maintenance on equipment, and ensure everything runs smoothly. Even though a lot of the process is automated, we anticipate hiring a small dedicated team locally to oversee the site (security, upkeep, coordination with Pickaxe.io’s remote management, etc.). For context, a similar crypto mining plant in NY claimed to have added about 48 new jobs to its local economy when it opened. We aim to bring on as many local hires as practical and grow that number as we expand.
Local Business for Contractors: We will utilize local businesses for as many aspects of the project as possible. Need gravel and grading for land improvement? We’ll hire local construction firms. Need fencing for security? Use a local fencing company. By spending a significant portion of our budget in the region (for land, construction materials, facility buildings, etc.), we inject capital into the Upstate NY economy. This has a multiplier effect – the contractors and vendors we pay can then hire more people or spend more locally, boosting economic activity beyond just our project. We’re essentially turning funding into livelihoods at the community level.
Tax Revenue and Public Benefit: As a legal business operating in New York, we will pay property taxes, and once profitable, business taxes as well. This contributes to the tax base that supports schools, infrastructure, and public services in the community. Beyond that, we’re committed to being good neighbors and corporate citizens. We will maintain open communication with local authorities and residents, ensuring our operations do not negatively impact them (remember, we have no loud generators or smokestacks, and we will design the facility to be visually unobtrusive). We have a strong interest in community development projects – for instance, we could partner with a local college to offer internships in green tech or crypto, or sponsor community solar workshops to spread the knowledge of sustainable practices. Our success will directly translate into community success, and we pledge to reinvest some of our future profits into local initiatives (like donating a small percentage of mined Bitcoin to local charities or development funds).
Revitalizing Idle Land: Upstate New York has old industrial sites and unused commercial lands that are just waiting for a new purpose. By purchasing and improving a piece of land (with our budget allocating $250k for land and another $250k for land improvements and construction), we will transform an idle plot into a hub of innovation. What might have been a barren field or an abandoned lot will become a solar-paneled, humming center of activity. This kind of revitalization can uplift the surrounding area – property values could increase as the location gains a new business, and it might attract other tech or renewable projects to cluster nearby. Our project signals that this community is forward-thinking and open for high-tech investment.
Showcasing Upstate as a Green Tech Destination: When this project succeeds, it will shine a spotlight on the region. We anticipate media coverage and interest from the cryptocurrency community and renewable energy advocates. Upstate New York could be known not just for its scenic beauty and agriculture, but also as a pioneer in green crypto mining. This reputation can attract further investments – perhaps battery manufacturers, solar panel installers, or blockchain startups will take note and consider setting up in the area. We are essentially seeding a new industry locally. The long-term vision is a cluster of sustainable tech businesses taking root, with our project as the catalyst.
Emotionally, we are rooted in this community. The founders of this project (that’s us!) either hail from New York or have strong ties here. We care deeply about improving the local quality of life. It’s not just about dollars and cents; it’s about giving back to a region that needs fresh opportunities. When you contribute to this project, you’re not only investing in a business – you’re investing in a community’s renaissance. Together, we can prove that economic development and environmental stewardship go hand in hand.

Technology & Partners: Tesla Solar and Pickaxe.io
Our project brings together best-in-class technology and expert partners to ensure success. We aren’t starting from scratch on our own; we’re leveraging proven solutions and industry knowledge from leaders in their fields. Let us introduce the key technological components and partnerships:
1. Tesla Solar Roof & Powerwall – American Innovation in SolarWe have chosen Tesla’s Solar Roof and Powerwall battery system as the backbone of our energy infrastructure. The Tesla Solar Roof is an advanced solar technology that replaces a traditional roof with tempered glass solar tiles. These tiles are as strong as standard roofing shingles and have a sleek, low-profile look (no more clunky panels – just a beautiful roof that happens to generate electricity). In the photo below, you can see an example of a Tesla Solar Roof installation. Each one of those tiles is a mini solar panel, capturing sunlight while looking like a regular roof shingle.
Sleek Tesla Solar Roof tiles on a building – we plan to use this cutting-edge technology to power our mining facility with clean solar energy.
The Solar Roof ties into Tesla Powerwalls, which are high-capacity lithium-ion battery packs. During sunny hours, the solar tiles will charge up the Powerwalls, and our mining operation will draw power from the batteries when needed (nighttime or cloudy intervals). Tesla’s energy system comes with intelligent management software that balances production, storage, and consumption seamlessly. This means we can set it up such that mining rigs automatically use solar power when available, and switch to battery smoothly without any downtime. In essence, Tesla’s tech ensures we have a reliable, round-the-clock power supply that’s all renewable. By choosing Tesla, we also stick to our principle of using American-made equipment – supporting domestic manufacturing and innovation.
Some benefits of Tesla’s solar solution for our project:
High efficiency and durability of the Solar Roof (capable of handling Upstate NY weather, including snow and hail, with a 25-year warranty).
Modular and scalable – we can expand our solar capacity in the future by adding more tiles or Powerwalls.
Integrated design reduces complexity (tiles, inverters, and batteries all come from one ecosystem, ensuring compatibility and streamlined installation).
Monitoring via the Tesla app, giving us real-time data on energy generation and usage, which we can share with investors for transparency.
No aesthetic blight – our facility will look clean and modern, possibly even just like a normal building with a dark gray tile roof. This helps community acceptance and pride.
2. Pickaxe.io – Industry Partner for Mining Operations. We are thrilled to be partnering with Pickaxe.io, a leading full-service cryptocurrency mining firm. Pickaxe brings a wealth of expertise in setting up and managing mining operations of all scales. Their mission is to make crypto mining efficient, accessible, and headache-free for project owners. For our project, Pickaxe.io will provide consultation and infrastructure setup services tailored to our unique solar-powered approach.
What does working with Pickaxe.io entail?
Turnkey Setup: Pickaxe will assist in the design of our mining layout, including the racks for miners, cooling systems (likely using ambient air cooling given our climate, possibly supplemented by fans or heat exchangers), and network configuration. They help ensure that when we flip the “on” switch, everything is correctly installed and optimized. Essentially, they handle the technical heavy lifting so we can focus on the bigger picture.
Hardware Procurement: With $500k earmarked for hardware, it’s crucial to buy the right machines. Pickaxe has industry connections to source high-performance ASIC miners at competitive prices (sometimes direct from manufacturers or through bulk orders). They know which models offer the best efficiency (hash rate per watt) and reliability. By leveraging their procurement service, we avoid scams or delays and get our miners delivered on time. They’ll help us choose a fleet of miners that maximize our Bitcoin output for the budget.
Hosting & Monitoring: Pickaxe operates secure hosting facilities and offers remote monitoring services. In our case, since we’re building our own site, they’ll set up the equivalent of a professional hosting environment on our property. This includes setting up software to monitor each miner’s performance, temperature, and hash rate in real-time. We’ll know immediately if a machine goes offline or if any performance tuning is needed. Pickaxe’s team can even manage updates and troubleshooting remotely. It’s like having an expert pit crew for our mining farm, on call 24/7.
Efficiency & Maintenance: The partnership with Pickaxe means we’ll continually benefit from their knowledge of best practices. They will schedule routine maintenance (dust cleaning, fan replacements, etc.) to keep miners running at peak efficiency. They’ll also guide us in energy management – for example, if there’s any opportunity to briefly power down miners to feed energy to the grid at peak demand (earning credits) and then ramp back up, their systems can handle such smart switching without affecting our profitability. They truly excel at integrating mining with energy systems, even having experience working with energy producers to use excess power for mining, exactly aligned with our solar approach.
Security & Custody: Pickaxe emphasizes that clients retain sole custody of their crypto wallets and mined coins. We will have full control over the Bitcoin we mine; rewards will flow into wallets that our company manages, not some third party. This transparency and security are important for trust – as investors, you can be confident that the mined Bitcoins are accounted for properly and stored safely, under our control.
In short, Pickaxe.io is our ace in the hole for operational success. Their involvement greatly de-risks the project since we won’t be learning by trial-and-error – we have seasoned professionals ensuring everything is done right. This allows us to hit the ground running once funding is secured and make rapid progress toward profitability.
By combining Tesla’s renewable energy tech with Pickaxe’s mining expertise, we truly merge the best of two worlds: sustainable energy and cutting-edge blockchain tech. This synergy increases our chances of success and distinguishes our project from any other.

Use of Funds: Budget Breakdown for $1,250,000
Transparency is paramount to us. We want our contributors to know exactly how the funding will be utilized. Every dollar raised will go directly into building the operation, and we’ve planned a detailed breakdown to cover all critical components. Below is the planned use of the $1,250,000 funds:
$250,000 – Commercial Land Acquisition (Upstate NY): We will purchase a piece of land to host the solar array and mining facility. We’re targeting a site with good sun exposure, proper zoning for commercial/industrial use, and easy access to electrical infrastructure. This budget covers the land cost plus any legal/closing fees. By owning the land, we secure the project’s future and have an asset that can appreciate. (If we find land at a lower cost, any remainder will be reinvested into other project areas, such as additional solar capacity or community benefits.)
$250,000 – Land Improvements and Construction: Preparing the site and constructing our facility will take roughly a quarter of the budget. This includes clearing or grading the land if needed, building a secure structure to house the mining rigs (likely a modest warehouse or container-based design), and installing security fencing and cameras. It also covers the installation of mounting hardware for the solar roof tiles (or additional ground-mount panels if we use some) and the batteries. We will ensure the construction is done to code, with all permits in place. The facility will be designed for efficiency – proper ventilation for miners, a section for the batteries/inverters, and fire safety systems. Additionally, this fund covers grid connection setup (transformers, wiring to tie into the local utility as a backup or for net metering), and any necessary site utilities (internet connection for the miners, etc.). We’ll use local construction crews, so this money goes straight into the community’s economy as well.
$250,000 – Tesla Solar Technology (Tiles, Powerwalls, Wiring): A quarter of our budget is allocated to the renewable energy hardware. This will pay for the Tesla Solar Roof tiles themselves (which will cover a sizable roof surface of our facility or possibly an auxiliary structure), multiple Tesla Powerwall units for energy storage, and all associated power electronics. That includes inverters (to convert the DC power from solar to AC for our equipment), charge controllers, safety disconnects, and wiring/cabling for the entire solar-battery system. We will likely work with Tesla-certified installers to put these in place, ensuring we qualify for all warranties and that the system operates flawlessly. This budget also accounts for any solar integration costs – for example, setting up the monitoring system for solar production and tying it into the mining operation’s controls. Essentially, this is the heart of our “green energy” setup and we’ve fully funded it here. If there are any state or federal rebates we obtain (e.g., the federal Investment Tax Credit can return 30% of solar costs), those savings will be funneled back into the project (for upgrades or to speed up investor payback).
$500,000 – Mining Hardware, Full Service Setup & Consulting (Pickaxe.io): Half of the total funds are dedicated to the Bitcoin mining hardware and professional setup. This includes purchasing the ASIC miners as discussed (with exact quantity depending on market prices and model specs at time of purchase). It also covers the cost of associated gear like power distribution units, high-power outlets, cooling fans, racks/shelving for mounting miners, and networking equipment (routers, switches, cabling) to connect miners to the internet. Within this allocation is the service fee for Pickaxe.io’s consulting and setup. That fee grants us access to their turnkey setup, remote monitoring software, and ongoing support. Pickaxe will handle the logistics of shipping and installing miners, configuring them to our pool/wallet, and testing everything. In short, this budget line is what transforms a quiet solar farm into a buzzing cryptocurrency mine. We expect that by investing strongly here, we’ll end up with a mining operation that is robust, high-capacity, and immediately productive.
Our budget has been designed to be comprehensive. However, we will maintain some flexibility – for instance, if land is cheaper and we save money there, we might reallocate those dollars to purchase a few extra miners or additional battery capacity. Any such decisions will be communicated to contributors. We also will be transparent about how every dollar is spent, providing updates and receipts/documentation wherever possible. No funds will be used for unrelated expenses or personal use – everything goes into the project assets and setup.
We believe this balanced investment – land, construction, solar tech, and mining hardware/services – gives us all the ingredients needed for a successful launch. Each component is crucial: the land is our foundation, the construction shapes our workspace, the solar powers our dream, and the hardware/consulting brings it all to life in the form of bitcoins mined.

Investment Structure: Contributor Ownership and Returns
Unlike a typical GoFundMe where donors might only get a thank-you, we’re structuring this campaign as an investment opportunity. We want our contributors to become partners in ownership of this venture. Everyone who contributes will receive stock (equity) in the company proportional to their investment. This way, you’re not just giving money to a cause – you’re buying a stake in a profitable green business and will share in its success.
Here’s how it will work:
We will incorporate a legal entity (likely an LLC or corporation) for the mining operation, if not already established. This entity will issue shares (or membership units) corresponding to the value of the project.
Every contributor, no matter how big or small the contribution, will receive a percentage of ownership equivalent to their percentage of contribution. For example, if you contribute $12,500 (which is 1% of the $1,250,000 goal), you would receive 1% of the equity of the company. If someone contributes $100, they’d get 0.01%, and so on. Major contributors can end up with significant ownership, but even small contributors will be welcomed as co-owners.
Ownership comes with rights to a share of profits. Our plan is that once the mining operation is up and running and generating revenue, the company will distribute profits to shareholders in the form of dividends (this could be done in USD or even in Bitcoin, to be determined). The more we mine and the higher Bitcoin’s value, the larger the potential returns. As an equity holder, you effectively own a piece of the mining farm and thus a piece of every Bitcoin it produces.
We will formalize this arrangement by issuing stock certificates or ownership documents to contributors. This ensures legal recognition of your investment. There will be a cap table listing all owners and their percentages. (If needed to comply with securities laws, we will use proper legal channels – possibly treating smaller contributions as a crowdfunding exempt offering or similar. Transparency and legality are key: we will do this by the book.)
Voting and Say in the Project: Significant investors may get a say in major decisions through voting rights. We want this to feel like a community venture, so post-funding, we plan to keep investors engaged – perhaps via a private online group or periodic meetings where we discuss progress and future plans. While day-to-day operations will be managed by our team and Pickaxe’s experts, big decisions (like expansion, or if an offer to buy out the project came along in the future, etc.) would involve consultation with our investor community.
If the project exceeds expectations, everyone wins. For instance, if Bitcoin prices surge and our mine becomes extremely profitable, those profits flow to the owners (you!). If at some point down the road the company is sold or merged (imagine a larger mining company wants to acquire us, hypothetically), the sale proceeds would be distributed to shareholders according to their stake. In other words, your investment not only can pay off via ongoing profit share, but also via potential appreciation of the business’s value itself.
We understand that GoFundMe is typically donation-based, so logistically, we might treat the contributions as a form of “pre-seed investment”. To be fully transparent: we will follow up with each contributor to execute a simple investment agreement after the campaign, ensuring your contribution is logged as an investment in exchange for equity. If any contributor prefers not to have equity (some people might just want to support the idea without strings), we can accommodate that too, but our assumption is most will want to be part-owners.
This ownership structure shows how committed we are to sharing the success with those who believe in us early on. It’s about trust and fairness – if you fund us, you deserve a slice of the pie. We believe this also fosters a long-term relationship; as co-owners, you’ll likely be as invested in the project’s success as we are, cheering it on and spreading the word.
To be clear, investing in any startup venture – especially one in cryptocurrency – has risks, and returns are not guaranteed. However, we truly believe our plan is solid and has immense upside potential. By contributing, you align yourself with our mission and also stand to reap financial rewards if we execute well. We think that’s a win-win that turns this GoFundMe from just a feel-good exercise into a serious business proposition for all involved.
Timeline & Milestones: From Funding to Fully Operational in One Year
We have set an ambitious but achievable timeline. Our goal is to go from funding to a fully operational, revenue-generating mining farm within 12 months of reaching our funding goal. Below is a rough timeline with key milestones:
Month 0 (Funding Achieved): Immediately upon reaching our $1M funding goal, we’ll finalize the incorporation of the company and issue equity to contributors as promised. We’ll also engage lawyers and accountants as needed for compliance. Simultaneously, we begin the land purchase process (we’ve scouted a few potential sites already to expedite this).
Months 1-2 (Land Acquisition & Permitting): Complete the purchase of the Upstate NY land parcel. During this time, we will also apply for any necessary local permits (zoning, building permits for the facility and solar installation, electrical permits, etc.). We have preliminary confidence that our project will be welcomed, but we’ll work closely with town officials to ensure all regulations are met. This period also includes finalizing our design blueprints for the site (site layout, building plans, solar array design).
Months 3-4 (Site Preparation & Groundbreaking): Begin land improvements – clearing or grading as required. If the land needs leveling or tree removal, that happens here. We’ll lay foundations or concrete pads for the mining facility structure. If using prefabricated units or containers for miners, we’ll arrange for those to be delivered. Utility hookups will be established (connecting to grid, internet fiber/cable line installation to the site). Essentially, we turn a raw plot into a prepared construction site. By the end of this phase, we aim to have the shell of the building in place.
Months 5-6 (Solar Installation & Building Out Infrastructure): Tesla Solar Roof installation will take place likely in this window. Certified installers will put up the solar tiles on our facility’s roof (or on ground mounts if we decided that route for part of the capacity) and integrate the Powerwalls. Wiring for the solar and battery system will be completed and tested. Inside the facility, we’ll set up electrical wiring for the miners (running proper outlets and power distribution units from our main panels/inverters). Cooling and ventilation systems will be installed (for example, mounting exhaust fans, setting up intake vents or AC if needed, etc.). By the end of month 6, our energy system should be fully operational – meaning the solar array can generate power and charge the batteries. We might even run it in test mode (powering some temporary load) to ensure all is well.
Months 7-8 (Hardware Procurement & Installation): Around this time, our mining hardware order (placed earlier in the timeline, since some equipment lead times can be a few months) will arrive. Pickaxe.io will coordinate the delivery of miners, racks, and networking gear. We will physically install hundreds of ASIC miners in the facility, mount them on racks, and plug them into power and internet. This phase is very exciting as the farm starts to take shape. Pickaxe’s team will then configure each miner – setting up the mining pool credentials, optimizing settings, and updating firmware as needed. We’ll also install monitoring systems, cameras, and security alarms to safeguard the equipment. By the end of month 8, the mining rigs will be in place and ready for testing.
Month 9 (Testing and Soft Launch): Before going full-scale, we’ll do a testing period. We’ll power on a subset of the miners initially to see how the electrical and cooling systems handle the load. We’ll verify that the solar + battery setup can sustain the continuous operation. (We do expect that during nights or low-sun periods, we might draw some power from the grid or throttle mining slightly to match battery output, but these parameters will be tuned now.) Any bugs or issues that surface (perhaps a need for more cooling in a hotspot, or a software glitch in a miner) will be addressed with help from Pickaxe. We’ll also set up our monitoring dashboards to track performance metrics. This month is about ensuring stability and safety. By the end of month 9, we should be comfortable that the system can run 24/7 without issues.
Month 10 (Full Launch – Mining Begins!): At this point, we go live with the full mining capacity. All miners are turned on and mining Bitcoin at full scale. We will announce to our investors (and the public) that the facility is officially operational. Expect to see the first Bitcoins mined during this time. We will closely monitor output and compare against projections, making any fine adjustments necessary. This is where the revenue generation truly kicks in.
Months 11-12 (Optimization and Ramp-Up): In the final stretch of the first year, we focus on optimizing and increasing efficiency. We’ll analyze performance data: Are we getting the expected hash rate? Is any miner underperforming (if so, replace or fix it)? Is our solar production meeting our needs – do we need to consider adding a few more panels or another Powerwall to comfortably get through winter short days? We will also engage with any renewable energy credit programs if available, to possibly earn additional income or recognition for our solar usage. By the one-year mark from funding, we aim to have a smoothly running, fully tuned operation that is consistently mining Bitcoin; day and night.
Throughout this timeline, we will provide regular updates to all contributors. You’ll be virtually with us at every milestone – we’ll share photos of the land purchase, videos of construction progress, snapshots of the solar roof going up, and live demo of miners coming online. We want you to feel the excitement as your investment transforms into a tangible, working enterprise.
We also factor in some buffer in this timeline for unexpected delays (for instance, weather delays in construction or slight shipping holdups for equipment). However, we believe one year is sufficient to handle all steps, given our preparation and the support of partners like Pickaxe.io and Tesla’s team. If we can complete it faster, that’s even better – profitability starts sooner! But if there’s a reason we need a bit more time, we will be transparent about why and how we’ll get back on track.
By the end of the first year, our goal is clear: a fully operational, profitable, sustainable Bitcoin mining farm that serves as a proof-of-concept for green crypto mining in the region.
Transparency & Accountability: Our Commitment to You
Trust is the foundation of any successful funding campaign, especially one like this where contributors become investors. We take our responsibility to you – our supporters and partners – very seriously. Here’s how we will ensure complete transparency and accountability throughout the project:
Open Communication: We will maintain open lines of communication with all contributors. This means regular updates via GoFundMe (during the campaign) and via email/newsletter or a dedicated investor portal (after funding) to share progress. Expect at least monthly updates once funded, and possibly more frequent during major milestones. We want you to see how your money is being put to work.
Detailed Reporting: As the project proceeds, we will provide reports on how funds are spent. For example, when we buy the land, we can share the purchase details. When we order equipment, we’ll let you know the costs and what exactly was purchased. We’ll also provide updates on the project’s finances once operational – like how much Bitcoin is mined, what our expenses are, etc. Essentially, you’ll be getting a transparent ledger of the project’s development and performance. (We might even use blockchain solutions to record and share some of this data immutably for added trust – a blend of crypto ethos into our ops!)
Third-Party Audits: To bolster confidence, we plan to have periodic financial audits once the operation is running. This could involve hiring an accounting firm to review our books and verify that revenues are correctly accounted and distributed to shareholders according to plan. We want you to never have to wonder if the numbers are accurate – you’ll know they are, backed by independent verification.
Legal Compliance: As mentioned, we will ensure all the legal paperwork for equity distribution is done right. This includes complying with any crowdfunding investment regulations and securities laws. By doing everything above board legally, we protect you and us. You won’t have to worry about any legal surprises down the road. All contracts (like partnership agreements with Pickaxe.io, purchase contracts with Tesla, etc.) will be properly executed, and while you may not want to read all the fine print, just know that we’ll keep those documents on file and can summarize key points if investors wish.
Environmental Transparency: Since we claim to be sustainable, we will back that up with data. We will share information on our energy generation and usage. For instance, how many kilowatt-hours of solar power we produce and how much of that goes into mining versus grid. We can calculate the carbon footprint we avoided by using solar instead of grid power. This is part of our mission – to quantify and proudly display our environmental impact (or rather, the lack of negative impact!). Investors can feel the pride of those numbers, and you’ll have concrete proof that this is truly a green project, not greenwashing.
Community Accountability: We will remain accountable to the local community as well. This means adhering to noise ordinances (we’ll ensure our fans and miners are not causing disturbance beyond our property – there are ways to insulate sound). It means managing e-waste responsibly (eventually, old mining rigs will be recycled properly, not dumped). It means being transparent with local stakeholders about our operations. By being a model corporate citizen locally, we reduce risks of any community or regulatory backlash, which in turn protects our investors’ interests. New York State, for example, will be conducting environmental reviews of crypto mining – we aim to be the poster child of how to do it right, earning praise rather than scrutiny.
Contingency Plans: We will also be transparent about risks and how we manage them. Crypto can be volatile – if Bitcoin’s price dips severely, we have plans (like we can temporarily scale down mining to save wear and only operate on excess solar that might otherwise be curtailed, etc.). If equipment fails, we’ll have insurance and warranties (we intend to insure the facility and hardware). If something unforeseen happens (natural disaster, etc.), we’ll communicate immediately and share our action plan. In essence, you won’t be left in the dark if challenges arise. We owe it to you to confront challenges honestly and tackle them head-on.
To summarize, when you fund this project, you’re placing your trust in us. We honor that by making you a part of the journey at every step. Your confidence is our currency, and we intend to keep its value high through rigorous transparency. By doing so, not only do we keep our current contributors happy, but we also set the stage for potential future expansions (maybe a second site or scaling up) where people can see our track record of honesty and be eager to invest more.
Join Us in Powering a Greener, Profitable Tomorrow
This is more than just a business proposal; it’s an invitation to be part of something groundbreaking. By contributing to our sustainable, solar-powered Bitcoin mining project, you are helping to forge a new path for cryptocurrency – one that proves we don’t have to choose between profitability and planetary health. We can have both.
Imagine a not-so-distant future where the majority of Bitcoin is mined with renewable energy. Every coin comes with almost zero carbon emissions. Our project will contribute to that future and show the world how it’s done. We’re taking an industry often seen as environmentally unfriendly and flipping that narrative on its head. With your help, we will demonstrate that technology and nature can work in harmony. Every Bitcoin we mine will be a testament to innovation: a digital asset birthed from sunshine.
We also ask you to imagine the impact on the community. In a year’s time, you could drive through a town in Upstate New York and see a gleaming solar-tiled building that is quietly minting cryptocurrency. You might meet locals who got jobs because of this project, or hear about internships where young people learned about solar power and blockchain. You could point and proudly say, “I helped make that happen.” That pride of creating jobs, supporting American-made tech, and advancing green energy is something no stock market investment or typical donation can quite offer. It’s tangible, meaningful, and lasting.
From a financial perspective, this project offers a chance to get in on the booming crypto economy with a safety net that traditional mining doesn’t have – renewable energy. High profitability, thanks to near-zero energy costs, combined with the upside of Bitcoin’s growth, creates an attractive proposition. We’ve laid out the numbers and the strategy to show we mean business. By holding equity, you’re not just donating; you’re setting yourself up to potentially earn considerable returns while doing good. It’s profit with purpose.
Emotionally, we started this venture because we believe in a future where progress doesn’t come at the expense of our planet. We believe that New York – and the world – can lead in clean technology. We are passionate about Bitcoin and blockchain’s potential to revolutionize finance, but we want to ensure that revolution is sustainable. Our team has poured their hearts into planning this, and we are ready to pour our sweat into executing it. All we need now is the support of visionaries like you who understand that this is the way forward.
We are asking for your partnership. Whether you contribute $100 or $100,000, you become part of our family and our story. When we mine that first Bitcoin using solar power, you’ll share in the triumph. When the first profits roll in, you’ll share in the reward. When skeptics ask “can it be done?”, you’ll have been one of the people who proved it.
Join us in powering a greener, profitable tomorrow. Let’s build a solar-powered Bitcoin mining farm and show the world that innovation and responsibility can shine brighter together. Your support is not just funding a project – it’s fueling a movement towards sustainable technology. Let’s make history, one sun-soaked Bitcoin at a time.
Together, we can turn sunlight into wealth, and wealth into a better future for all. 🌞💰🌱
Thank you for believing in us and for your commitment to a sustainable future. Let’s get mining – the green way!
Join us, invest in the future, and let’s make this vision a reality.
This has been Martin Low for Your Team at Sustainable Bitcoin Mining NY
Can't wait until the go-fund-me is approved so i can invest!