With that budget you should partner with professionals. The oldest Bitcoin mining company in North America is doing an ICO
http://alturl.com/ugese you can host your miners there, have them shipped directly there or buy from them (when they are in stock) and 3.3cents a kwh. When not mining you can rent tokens out to other miners for 36% return minimum rental rate according to their calculator. Tokens last 50 years. Instagram shows build out is progressing fast
https://www.instagram.com/gigawatt_mining/
They are legit, local government is friendly to bitcoin mining and giga watt in particular for bringing jobs to the area
http://koho101.com/2017/03/port-of-doug ... ness-park/
Even if you have cheap electricity, that's a huge investment and you will need to know what you are doing to keep them running and get an ROI. I'd seriously consider professional hosting, Giga Watt or some other company just make sure you vet them first so they don't run off with your miners lol. Seriously before investing I'd look into Giga Watt, or do a smaller amount of miners because there is a learning curve. Good luck BTC