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Topic: FREE BITCOINS -- Environmentally conscious mining! - page 4. (Read 13071 times)

newbie
Activity: 42
Merit: 0
nice idea, IMO.
p.s.
north Europe[including Russian part]expect data-center boom in future Wink
legendary
Activity: 2058
Merit: 1452
i think it would be more profitable to build self contained, self powered mining modules that connect using wifi Tongue
full member
Activity: 234
Merit: 100
AKA: Justmoon
underground den

Bitcoin bunker? Very cool project. Can you post a BTC address for donations?
hero member
Activity: 826
Merit: 500
cool project
keep us up to date
legendary
Activity: 1442
Merit: 1005
How much will it cost to build the walls?
We consider the re-purposing of an existing shack, using the existing underground den or indeed creating a new one-room building or underground den for security against entry and the elements (something around 1000$ would be sufficient with local materials and workforce). This is something I need to think about, as good thermal insulation is required as well as maybe a separating air frame (indirect cooling/ventilation) to prevent humidity and dust/bugs from entering the housing.

Also, I forgot to mention, Romania, 45 degrees latitude, temperamental weather (-20C snowy winters .. +40C dry summers), cloud cover ~35%, wind speeds ~38kmph (24 mph).
full member
Activity: 238
Merit: 100
How much will it cost to build the walls?
legendary
Activity: 1442
Merit: 1005
This is a stretch but the basic idea is this: I want to build a small self-reliant automated low-maintenance "computing center" in the confines of an estate in the country side, 30km away from my city. It looks like this:



It's a panoramic HDR rendering, as you can see it's pretty sunny.

The catch of the project is: solar and wind power only. Assumption: Bitcoins can be sold for more than the cost to produce.

I want to come by weekly and bring supplies, perform some maintenance and exchange hardware as needed. The project would first use some solar panels that could generate up to 2kW of power, a similar power rating wind turbine, lots of batteries, maybe a backup petrol generator, inverters, monitoring and control systems, cooling systems, and 2-3 rigs doing a total of 1200-1500 Mhash/s. I estimated the costs of such an operating cell to be at around 1$/W for the solar and wind capacities (so over 5000$ for the power generators, associated install costs), 1500$ for the video cards, 500$ for the PCs and accessories, and the rest for up to 10.000$, including some controllers, a control box, GPRS internet installation, inverters, etc.

Also, I forgot to mention, Romania, 45 degrees latitude, temperamental weather (-20C snowy winters .. +40C dry summers), cloud cover ~35%, wind speeds ~38kmph (24 mph).

The project should not require any extra costs, be modular and upgradeable/downgrade-able for the next 5 years. I can replace the cards as needed, even increase capacity later and so on. The hardware should already be purchased second hand, or if new it should be resold as it becomes less than optimal in 2-3 years.

At current bitcoin prices, it should make around 16$ a day, or 5840$ a year, if the bitcoin market_price/production_cost ratio remains the same. The advantage: no power costs. In case it fails, I would recover 70-80% of the costs in the first year by selling out all the hardware. If it succeeds, I could get back three times the investment cost in 5 years or continuously increase it's capacity by selling the bitcoin and retaining it's value in hardware.

Would anyone be interested in following/improving/implementing/working on such a project?
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