Bitcoin network should be sustained by distributed renewable energy, both sides have advantages.
Miners save money from the electricity bill and the plant doesn't need to be connected to the grid. Desired side effect? Reducing carbon footprint of the planet.
It's the perfect marriage.
I already have a 6kw photovoltaic power plant grid connected, obviously it's useless for my miners when sun is not shining.
I have 3 project in mind for the new year, money and time permitting:
- Another 6 kW photovoltaic power plant with 20kWh battery accumulation system. This isn't really autonomous because it's over my house, so it automatically switch to grid power if battery drawns. Anyway all the producted energy is used by 1kWh miners, it's about 6600kWh/year @Milano, Italy. With local tarif it's a saving of 1500 eur. The plant costs about 12k eur but gives a tax saving of 50% in 10 years. With this condition the investment is repaid in about 6 years
- 400W wind turbine with X kwh battery accumulation system and wind-adjustable miner. This is a test system for something bigger, i haven't wind data for the designed location, but i know it's a windy place. Need to determine battery size also leveraging miner could be turned off in case of no wind. For eolic good location could be remote offshore area otherwise impossible to phisically connect to the grid
- 1kWh idraulic turbine, like others i have the location, but using public water from the small river needs permission. This is the most remote at the moment
Available for any question or criticism.
Following updates on the project in this thread or on twitter @RCasatta