Smart altcoin mining solar powered mining rig

How Much? How do you deal with sudden bitcoin price drops? Loading playlists Granted I wouldn't buy a s9 in any case because the competition with the big Chinese miners leaves almost no real profits anymore. See you soon. Shelka04 1, views. LDSreliance 2, views. Here it is. These are a simple DIY solar kit designed to deliver cheap power to a deep cycle battery and then to the pure sine wave inverter to be used by your mining rig. Your tone annoys people and they down-vote. I then begin to resell the remainder of my miners. You grow lettuce in the desert? Why do it again? I ONLY share info that most people would hoard. Monero hasnt showed up in my account yet syncing what is a gas limit or gas ethereum conditions and electricity costs have substantially lowered cryptocurrency mining profitability. Bitcoin profit calculator mining bitcoin.com pool or hashing24 2, views. Do not post your Bitcoin address unless someone explicitly asks you to. I would consume 15 hours per day of grid power Not a smart way of investing your money. ExpressITpl 1, views. Some operations have set up shop in countries like Iceland to take advantage of geothermal power. I was supporting you at. Sign in. OGB 1, views.

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Anyhow, I kinda think that this sub is controlled by miners. Edward Oneill , views. This guy's full of crap. Solar equipment takes at least 5 years to pay itself off in most locations. The use of solar panels is becoming more cost-effective than standard electricity. I purchase in advance from Bitmain and secure the lower pricing. Also not a single picture of your set up? Now, this is serious power draw that is going to cost a fortune to run, but the tradeoff is mining cryptocurrencies like Bitcoin, Etherium, and Monero that will provide a steady income. Without this charge controller, the voltage would fluctuate all over the place due to the solar panels providing a variable voltage. Scam Alert: You can control that in a greenhouse And yes. This means that mining is only consuming more and more electricity because the cryptocurrency has been on an upward surge for a long time now. Notify of.

I never asked anyone for money. OP is not making money off mining alone, he is making money by buying miners from Bitmain at a big bulk discount and then reselling them for profit after a few months of using. This means that mining is only consuming more and more electricity because the cryptocurrency has been on an upward surge for a long time. Anyway, he estimates returns per kWh between 25 and 50 cents from bitcoin mining. Crypto Mining 18, views. Maybe he has a stock of miners for people to bitcoin cash wallet best bitcoin debit card usa at scalpers prices? The initial set up costs can be high. Posting about starting the next Ashley Madison. Your idea is also good. But models are how to scramble bitcoins bitcoin kiosk based on hope. This is like saying someone that sells Ferrari's is a race car driver because they drive it around the lot before they sell it. We'll see More Report Need to report the video? What is the address? Follow cleantechnica. Bitcoin Core is the backbone of the Bitcoin network. If you have ideas for the remaining BTC, see here for more info. I don't sell back to the grid because it isn't worth it. Originally published on Ethereum pay out bitcoin theft tool v1 3 Blog.

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I wouldn't buy S9 if I were you. Why do it again? We use cookies to ensure that we give you the best experience on our website. Now you can continue mining for free with a current miner cuz your panels will last 20 years, your batteries will last at least 6 years and your miner is new. Advertise with CleanTechnica to get your company in front of millions of monthly readers. I detailed my idea from when it was just an idea all the way to today, where I have a fully functional and profitable bitcoin mining operation in the middle of the desert I posted my numbers for this mining operation in the desert a few hours ago but it was downvoted into obscurity. That's it. Aren't you afraid that the re-sell market will change for one reason or another? Watch Queue Queue. Sign in to report inappropriate content. I hope that if you hoped for obscurity that you wouldn't be making multiple submissions about the thing you want to obscure. You make all your profit selling used equipment, not mining. You refuse to give any proof. That's what makes it so interesting!

Now, this is serious power draw that is going to cost a fortune to run, but the tradeoff is mining cryptocurrencies like Bitcoin, Etherium, and Monero that will provide a steady income. Let us know in the comments below! Your numbers don't even add up. Sign in to add this video to a playlist. Some most? If you can recycle heat or spend more money on upfront costs with solar, wind or microhydro than you might turn a profit. D still got any of those pics to show us? Then I slowly sell them until the next batch is close to shipping. I genesis cryptocurrency mining genesis mining no active orders the MyMonero online wallet. Cancel Unsubscribe. I think that a bunch of the posts here are FAKE.

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The equation will give you a result, but it could be a shitty result that doesn't describe reality. I live in a state where we pay. For me, this model makes exceptional sense. But models are often based on hope. I work in a coinbase coin exchange bitcoin to dogecoin in encinitas that's just leased space. Seek Adventure 1, views. Want to add to the discussion? But a little bit of trial and error I found the result. You can also explore the Bitcoin Wiki:. The solar rig for 25 miners costUSD. No compilations of free Bitcoin sites. Quite literally that's what I see. You could put holder vs newbie to crypto list of cryptocurrencies by age 6kw solar system on your house and just mine bitcoin. It takes you 7, to get the solar panels and evergy to run 1 miner, which costsand you are buying 1, miners? China solar panels:

Starting Difficulty: There's plenty of discussion on solar mining on bitcointalk. Add to. So realistically you're in a unique situation, having excess. There's no doubt lots of miners do say things like "don't bother getting into mining, it's not profitable anymore" etc. LDSreliance 2,, views. Add to Want to watch this again later? This way, you have a new miner and the solar system is paid for. Bitcoin comments other discussions 2. Skip navigation.

Using Solar To Power Bitcoin Mining Could Yield Big Profits

But most people can't buy the earn bitcoin with easy miner copay how to send all bitcoin hardware for that much under market price. This cycles a higher voltage into the battery like a sort of pulsating dc current, which removes the sulfate deposits from the plates and returns them to the battery acid. You come off as brash and ignorant. I work in a greenhouse in encinitas that's just leased space. I posted my numbers for this mining operation in the desert a few hours ago but it was downvoted into obscurity. Some most? This forms a basis for my business plan. Posts that he's a physician looking to open up a clinic. Your idea is also good. I was just spitballing. Now he has a very successful organic vertical farm that he started 6 months ago 1 year ago changed his story. Add to. As of now, Mining is done by specialized computers who consume a lot of electricity as they search for the correct hash keys to make Bitcoin. Imagine .

I really enjoyed reading about the entire greenhouse operation in the last post. Also, the hardware firmware is scanned each time you plug it in to make sure it is not compromised. Excess Energy Consumption: Posts about coinbase stealing his money. If I count you then I am guessing about 4 or 5 people asked me to detail further. So here it goes This is bad for decentralization but unfortunately it happens. It's fine to believe that the price will increase but you have to be honest to yourself and the people here about your assumptions. Cool regardless! The upcoming date to look at is August 1st, because who know what is going to happen when people make a UASF attempt, and then other people make a blocksize hard fork attempt. He's also a mathematician who majored in 'quantum organic chemistry' whatever that means. That could cripple you. The initial set up costs can be high. I guess you've got greenhouses and all but that's quite strange. Some operations have set up shop in countries like Iceland to take advantage of geothermal power. The Combat Engineer , views. And I own the solar now. Any additions numbers you could share to show how you come out ahead in your operation?

The CoinDesk Mining Roundup: Solar-Powered Mining, DVR Malware and the ‘Bitcoin Baron’

He's also a mathematician who majored in 'quantum organic chemistry' whatever that means. Sign in. I refuse to sell as I think there is a lot of gains still to make in the price. How do you feel about bigger blocks? DannysCam bitcoin historical difficulty data how to pump and dump bitcoin, views. The solar rig for 25 miners costUSD. No one can steal your coins from the Ledger Nano S will prompt you each time you need to do a transfer. Motherboard 4, views. I feel it is headed up.

As long as you pay back the BTC you owe of course. The more expensive Pure Sine wave Inverters will use oscillating pulses via an IC circuit or a transistorized circuit with very fine clipping. The reason no one is mining on solar is because it is not profitable. I live in California and would be happy to come visit and take pictures and video for proof. So as you can see as the more you pay for electricity increases the more this mining rig will cost you over the year. That could also be true. Bitcoin is the currency of the Internet: The Combat Engineer , views. Of course I would survive. As a simpleton I've always opted to just buy bitcoin, but miners who know what they are doing can certainly come out ahead. Posts looking for someone to start a bitcoin bank. I am not trying to say that it is the most amazing thing that someone will read here. This seems crazy reckless. Published on Nov 1, The simple fix was just to reboot the computer.

I am also mining at home, power cost around 14 cents usd. Advertise Privacy Terms of Use. TheBitcoinMiner 58, views. And it is profitable hashflare.io videos how does bitcoin mining work hash and always will be if we assume the Bitcoin price continues to rise. I answered it in my original post which was down voted. So costs are a lot higher than you make. They should be able to do what they want. I then begin to resell the remainder of my miners. I can only go off of what I believe will happen and what I have seen happen since the beginning, with regards to the price of btc. We use cookies to give you the best online experience.

Hey thanks for posting this! Related communities Sorted roughly by decreasing popularity. How Much? This video is unavailable. If it didn't work out in the end would you stay out there off the grid? As a result, big and small-scale cryptocurrency miners are forced to turn to renewable energy to reduce operational mining costs. I am happy to share the suppliers with anyone who is interested no one will be interested. Panels are pretty easy to buy and install , are rapidly improving thanks to changing technology, and give miners a lot of flexibility in their operations since they can be set up anywhere. This is my basic premise. Everyone else either insulted me or called me a liar. He thinks that may be a good idea. We use cookies to give you the best online experience. Esther Kim May 24, Become a Redditor and join one of thousands of communities. I have seen some with 6 GPU pulling over watts of power. Follow cleantechnica.

Solar Powered Bitcoin Mining

That's the entire list. He has a beat up RV, is bald, and has gal drums full of cash buried in the desert. OP's lifespan. Or are you now just straight up mining? Advertise with CleanTechnica to get your company in front of millions of monthly readers. Here's the axiom of financial modeling: The panels could be set up in a rural area to take advantage of cheap land and a lot of space. Is there any chance I calculated everything wrong and it turns out I owe money? They should be able to do what they want. Choose your language. I wouldn't buy S9 if I were you.

I recommend it for higher sun areas. Mining Bitcoin with Solar Panels part 1. Cultivating a Sustainable Garden with Beekeeping. Stuff OP has said in this thread: Greener Ideal. You make all your profit selling used equipment, not ixcoin mining pool how will cryptocurrency survive an internet shutdown. Although your power costs may be zero, I'm curious if you've explored the opportunity cost of using your solar power for mining vs. So in total, my mining rig is about w total power draw, I have also reduced the power limit on each card to help with the max power draw. If it didn't work out in the end would you stay out there off the grid? And it is profitable now and always will be if we assume the Bitcoin price continues to rise.

City-sized electricity bill for miners

We strive to protect the planet and reduce our collective carbon footprint. You should try it out. Of course you if you are able to buy the mining hardware and use it for weeks and sell it for a profit, then you will do well. For me, this model makes exceptional sense. Edward Oneill , views. The equation will give you a result, but it could be a shitty result that doesn't describe reality. Mining is done by specialized computers who consume a lot of electricity as they search for the correct hash keys to make Bitcoin. So he's got ideas. Prev Next. I wonder who buys used miners instead of waiting a month or two for the next batch. The numbers are real. This doggo demands it. You come off as brash and ignorant. Motherboard 4,, views. I don't sell back to the grid because it isn't worth it. You can also explore the Bitcoin Wiki: A Physician who owned a small biotech company. Parent commenter can delete this message to hide from others. Why not just keep buying and reselling the miners, and skip all the solar panel and battery costs?

Is there any chance I calculated everything wrong and it turns out I owe money? Several posts about daytrading. I'm still very much a noob ccminer-cryptonight xmr james lovejoy vertcoin here so thanks for the info muh dude. Get an ad-free experience with special benefits, and directly support Reddit. Monday, May 27, Let us know antminer s5 etg antminer s5 mining the comments below! It will crash one day. They are afraid of flooding the resell market. I do love the people telling you 'your theory doesn't work'. Seems like a reasonable operation to me, finding the inefficiencies and selling to the less patient. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. Don't like this video? Share Tweet Send Share. I would consume 15 hours per day of grid power Frankly I detest scalpers how bitcoin atm works ethereum contract storage up to costs of hardware be it miners or gpus. Gox data and made a bunch of visualizations from that information. I appreciate that you tried to defend it. Log in or sign up in seconds. More ideas for business startups. The bitcoin you earn from mining is used to pay off the solar system costs.

There is much hodling, as well as pomp and circumstance, but in the land of bitcoin, hullabaloo reigns supreme. They would be excited but skeptical. Motherboard 4, views. A all cryptocurrency logos how to send cryptocurrency to an offline computer bitcoiner would be ALL over my mining operation. Posting about buying weed. Get YouTube without the ads. Aren't they hot? If it didn't work out in the end would you stay out there off the grid? The main app you will require is the Ledger manager. Others could do the. According to the Cryptosolartech website:. I have extra greenhouses I can bring online at any moment. For example, Cryptosolartech is a project where the primary objective is to develop the largest cryptocurrency hash rate gpu dash mining monero cryptocurrency news farm run on renewable energies. Just seems like you're going around challenging people to bet you or downvote you. I spent the last hour or so reading a large amount of your post history because I noticed a few patterns. But, this is exactly the type of post that should have people discussing in a bitcoin forum.

Let us know in the comments below! Here's the axiom of financial modeling: You have obviously some problems with your ego and your self esteem. Here it is. For pest control or just Very cool. Boy who cried wolf and all that. One sec and I'll deliver its pissing with rain here at the moment. Originally published on Lenz Blog. Sign in to make your opinion count. The funds already donated will be spent on some sort of advertising, as intended.

Also I think you're clearly very right about some of these people just not wanting their personal little nvidia tesla gpu ethereum bitmain s5 underclock to get out, just based on reactions. Nations like Belarus have also become attractive because of the relatively low cost of power compared to other places. Some most? Gox data and made a bunch of visualizations from that information. Purchase https: The mining manufacturers then ship newer, more powerful units which raise the difficulty and mean more capital expenditure for miners if they want to keep up with the mining Joneses. As a result, big and small-scale cryptocurrency miners are forced to turn to renewable energy to reduce operational mining costs. Excess Energy Consumption: Part 1, FarmCraft solar. Hey buddy, would you be able to survive out where you are if you weren't mining? You must connect your battery to terminals marked battery. Contact us. This video is unavailable. These are a simple DIY solar kit designed to deliver cheap power to a deep cycle battery and then to the pure sine wave inverter to be used by your mining rig. The price of electricity has to be factored into your calculations. This is bad for decentralization but unfortunately it happens.

To answer your questions, I still do hydroponic farming. Snce they cant be mined you have to purchase them from an exchange. OP's lifespan. The next video is starting stop. Do not post your Bitcoin address unless someone explicitly asks you to. Google did it in secret for a while , and then Facebook open-sourced it. If bitcoin cannot survive capitalism then it is flawed and we need to start over. Cuz the hatred against me in this sub is fucking stupid. September 16th, by Dr. Guidelines For Cities. That's it. This is like saying someone that sells Ferrari's is a race car driver because they drive it around the lot before they sell it. This forms a basis for my business plan. But some people just really dislike me. But since Bitcoin mining is largely driven or hindered by electricity prices, solar power has the strong potential to make mining more accessible and easier. The equation will give you a result, but it could be a shitty result that doesn't describe reality. I encourage everyone to mine on p2pool. I am pretty sure that there are LOTS of miners doing this and they don't want anyone else doing it. Loading more suggestions Normally I would tell people not to do what I do.

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TronicsFix , views New. They are capitalistic. So keep these password recovery words in a very safe place. Then the price plummets, leaving everyone mining at high difficulty without the ability to cash in their coins at a significant profit. That is basically how I feel. Clean Power Published on September 16th, by Dr. Seek Adventure 1,, views. For me, it was a big win. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core.

So keep these password recovery words in a very safe place. Harvest the sun into magic internet money! Usually, Why bother mining? What do you think monero cryptocurrency tumblr cryptocurrency how to get your own keys running Bitcoin mining operations on solar energy? OP is a blue-ribbon colossal douche-troll. Boy who cried wolf and all. Pure sine wave w specifications. I have extra greenhouses I can bring online at any moment. The funds already donated will be spent on some sort of advertising, as intended. As Bitcoin started to grab the attention of everyone in mid, one Reddit user posted about their solar mining operation in the Southwest desert. Your tone annoys people and they down-vote. Buy bitcoin with carrier billing one full bitcoin free additions numbers you could share to show how you come out ahead in your operation? Yeah, I admit my experience is totally anecdotal, and most libertarians will, as you say, claim that the frustration is directed at the subsidy, not the tech. Do you mean that your profits depend on the price of BTC to increase? I already have a business that has excess solar. According to the authors, the study shows that most Bitcoin mining occurs in global regions containing available sources of renewable energy. Selling at every single peak.

But again, maybe I am wrong. There's no doubt lots of miners do say things like "don't bother getting into mining, it's not profitable anymore". UFD Techviews. I work in a greenhouse in encinitas that's just leased space. The mining manufacturers then ship newer, more powerful units which raise the difficulty and mean more capital expenditure for miners if they want to keep up with the mining Joneses. So in total, my mining rig is about w total power draw, I have also reduced the power limit on each card to help with the max power draw. The next offline bitcoin wallet reddit how to invest in cryptocurrency market I had was not being able to log into the Ripple app on the PC using the Ledger ripple wallet. You are leaving out some overhead property costs, etc but yeah, I cex.io mining tutorial short bitcoin bitfinex see this being at least sustainable and providing reasonable profit if nothing smart altcoin mining solar powered mining rig wrong, but it isn't surefire free money. In the mining world, these price fluctuations can cause ongoing profitability issues, as miners, hardware manufacturers and price are key factors that impact the difficulty. I have twenty-five S9 miners inside these greenhouses. Do you mean that your profits depend on the price of BTC to increase? But we all believe that will happen so I feel that I don't often have to say. Or are you now just straight up mining? This forms a basis for my business plan.

It is hard to take your story as truth at face value, but damn thats awesome I suspect a large part of why you get down-voted is because you come across as a jerk. If joining a mining pool try and choose one nearest you. Snce they cant be mined you have to purchase them from an exchange. It's possible that the renewable energy angle might also be triggering some anger. Related communities Sorted roughly by decreasing popularity. Cool regardless! Use of this site constitutes acceptance of our User Agreement and Privacy Policy. The payback on my machine is less than a year, but I also have to factor in the price of the solar set up. Maybe he has a stock of miners for people to buy at scalpers prices? Your strategy is good. If your crypto miner uses watts of power in an hour then is going to cost you the following. Why not just keep buying and reselling the miners, and skip all the solar panel and battery costs? For most people the idea of investing in solar arrays to mine simply is not feasible, it just doesn't compete with Hydro. D still got any of those pics to show us?

Thus returning an old faulty car battery back to a working state, which we can use for our solar bitcoin mining project. Now he has a very successful organic vertical farm Right, because people can't do more than one thing with their lives.. I was supporting you at first. Also, most people don't live in an area where sunshine is viable to have a decent chance of paying out the solar equipment. However, Punin did say that there would be another version of the Razz for sale soon with even better specs. Don't like this video? Everyone else either insulted me or called me a liar. You can control that in a greenhouse. I would like to see one of the decked out solar greenhouses too.