Check your Electric Bill - page 3. | Bitcointalksearch.org

MinedTangerine

jr. member

Activity: 308

Merit: 4

Quote from: chrisbfrpky on September 23, 2018, 05:09:45 AM

Anyone that is not using Solar to turn Sunshine into money is C-R-A-Z-Y. ; Wink

Ask yourself the next time you open that $500+ electric bill: "How many solar panels would this have bought?"

Chris B.

Yup going solar soon as well. Even without mining my house with two households uses a lot of power. So its a win win really. Now to just use the heat to reduce the heating bill in the winder and I am golden.

chrisbfrpky

member

Activity: 90

Merit: 10

Anyone that is not using Solar to turn Sunshine into money is C-R-A-Z-Y. ; Wink

Ask yourself the next time you open that $500+ electric bill: "How many solar panels would this have bought?"

Chris B.

shinharu10282016

full member

Activity: 700

Merit: 100

Quote from: Piskeante on September 22, 2018, 05:20:47 PM

noone should be mining right now. You are almost all mining at a loss with no granted profit.

He says something right but on the other hand, what will blockchains do to mine the transactions on it? Lol, everyone knows mining is a big risk. If you entered the scene with a good mindset, you'll see that there are really a lot of things to consider before going onto mining.

DevelopmentBank

full member

Activity: 406

Merit: 110

Quote from: TimeTeller on September 23, 2018, 03:08:33 AM

Quote from: Marvell2 on September 22, 2018, 11:10:10 PM

Long time miners have always know about summer vs winter rates, its typical

your sumner rates are actually not bad. I pay .08 in winter and .13 to .15 in summer
I twns to shut down in the summer.

Next summer i go solar so i can keep mining

That's a wise decision over there.
Mining is not bad at all especially if you're not paying electricity bill at the end of the month.
You just have to shell out money at the start, but, that's a very good investment there.
Solar panels can be used within your lifetime.

Actually, why wait until summer to go solar?

The sun comes out all year round and even if there is less sun, it is still always profitable to have solar. But like what the OP of this thread pointed out, make sure you do the proper calculations and have a backup plan. You can't setup a solar farm only to end up without something to mine next year. The power generated by your panels would be useless if unused (some governments don't allow you to sell back to the grid).

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: Marvell2 on September 22, 2018, 11:10:10 PM

Long time miners have always know about summer vs winter rates, its typical

your sumner rates are actually not bad. I pay .08 in winter and .13 to .15 in summer
I twns to shut down in the summer.

Next summer i go solar so i can keep mining

That's a wise decision over there.
Mining is not bad at all especially if you're not paying electricity bill at the end of the month.
You just have to shell out money at the start, but, that's a very good investment there.
Solar panels can be used within your lifetime.

ltcsprite

full member

Activity: 269

Merit: 101

This isn't mining advice.

This is life advice.

I checked my rates long before I ever started mining.

Welcome to life.

adaseb

legendary

Activity: 3808

Merit: 1723

The rates are pretty fair and its normal for the Summer rate to be higher than the Winter rate.

In the Summer they want to penalise the people who need to use air conditioners since its drives up the demand in areas of low supply. And in the Winter, depending where you live, your rate might be capped since people need to use space heaters to keep warm in the winter.

gotminer

member

Activity: 644

Merit: 24

Quote from: Piskeante on September 22, 2018, 05:20:47 PM

noone should be mining right now. You are almost all mining at a loss with no granted profit.

Show me a retard who constantly makes extreme generalized statements, and I'll show you a piskeante.

Grin

Marvell2

full member

Activity: 1148

Merit: 132

Long time miners have always know about summer vs winter rates, its typical

your sumner rates are actually not bad. I pay .08 in winter and .13 to .15 in summer
I twns to shut down in the summer.

Next summer i go solar so i can keep mining

goldap

jr. member

Activity: 42

Merit: 1

Quote from: Piskeante on September 22, 2018, 05:20:47 PM

noone should be mining right now. You are almost all mining at a loss with no granted profit.

so what are miners suppose to do?

P00P135

full member

Activity: 1125

Merit: 136

Quote from: Piskeante on September 22, 2018, 05:20:47 PM

noone should be mining right now. You are almost all mining at a loss with no granted profit.

yeah totally dude Roll Eyes

Piskeante

member

Activity: 924

Merit: 15

noone should be mining right now. You are almost all mining at a loss with no granted profit.

whitesites

jr. member

Activity: 88

Merit: 7

I just got my electric bill yesterday, and it was more than I was expecting.
Granted I know running the Rigs, + Home AC never turning off due to the Rigs, was going to up my usage.
When I divided out my bill by KWHs it came out to about 9 cents / KWH.
Originally when I did the math earlier in the year it was only 7 cents / KWH.
I went to my local electric company's website and found they have semi annual billing rates.
They have a summer rate which is 8.5 Cents / KWH + taxes and fees, Then they have a winter rate which is 5.8 cents / KWH.
Luckily winter rates start Oct 1st for me.
Great knowing things are about to get more profitable.
Just a reminder to check your bills and make sure your rates aren't changing, as this kind of caught me off guard.

Topic: Check your Electric Bill - page 3. (Read 1144 times)