Electricity cost is one thing that people consider while mining but even on free places it started to be so long to get ROI that some miners do not make anything with free electricity.
I mean you still have to buy a mining equipment that usually costs between $15k$ to $30k to make a decent living out of it. You won’t be able to make that much investments to begin with, let alone electricity and green mining.
Topic: in the era of half day bitcoin mining in what way the most profitable? (Read 544 times)
March 17, 2017, 01:34:41 PM
March 17, 2017, 02:41:01 AM
it seems at the present time mining bitcoin alterrnative have to use force, such as mine the use of solar power, among ordinary power that is often used and solar power or other alternative power of these three are most profitable to mine half day bitcoin in this era?
if you really want to go green mini hydro generator is the way to go, but you need the correct place to use that, not many can, i would avoid solar as they cost too much and you need many of them just to cover one miner
for example to cover one miner that consume 24kwh a day, which is almost 9000khw per year, you need already 9kw of panels(a 1000watt of panel cover only 1000kwh a year), that look too expensive just to save the consumption of one miner
March 16, 2017, 06:34:51 PM
it seems at the present time mining bitcoin alterrnative have to use force, such as mine the use of solar power, among ordinary power that is often used and solar power or other alternative power of these three are most profitable to mine half day bitcoin in this era?
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