Methods of getting free electricity - page 3.

DieJohnny

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Quote from: Mikestang on March 10, 2015, 02:07:55 PM

Quote from: DieJohnny on February 21, 2015, 02:38:53 AM

Many homes in the USA have their own natural gas well on the property.

Uh, what? Where? Show me a picture. I have never once seen a personal natural gas well.

I've toyed with the idea of a small solar setup only a couple KW, could use it for the rest of the house if I ever stopped mining, so wouldn't be a total loss or waste.

http://www.zillow.com/homes/for_sale/%22natural-gas-well%22_att/days_sort/52.935397,-50.581055,18.521283,-140.405273_rect/3_zm/

Happy shopping and enjoy your relocation

Mikestang

legendary

Activity: 1274

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Quote from: DieJohnny on February 21, 2015, 02:38:53 AM

Many homes in the USA have their own natural gas well on the property.

Uh, what? Where? Show me a picture. I have never once seen a personal natural gas well.

I've toyed with the idea of a small solar setup only a couple KW, could use it for the rest of the house if I ever stopped mining, so wouldn't be a total loss or waste.

MrTeal

legendary

Activity: 1274

Merit: 1004

Quote from: ?? on ??

Quote from: ABitNut on March 09, 2015, 10:02:28 PM

Lighting is the only free source of electricity I know of.

Of course there may be some minor issues with this source but I'm sure we can work it out Wink

Actually it is said that one bolt of lightning can be enough electricity for an entire country for days. So ofcourse, if there is a way to get that, it would be the end for mining costs.

Depends on the country. Tongue

The US consumes 4,401,698GWh per year, or 15,846,112,800GJ. That's 502GJ per second, or 502GW. At 5 Gigajoules per lightning bolt, a lightning bolt would power the US for 1/100th of a second.

ABitNut

hero member

Activity: 764

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I'm a cynic, I'm a quaint

Lighting is the only free source of electricity I know of.

Of course there may be some minor issues with this source but I'm sure we can work it out Wink

desertfox470

sr. member

Activity: 542

Merit: 251

Quote from: brent217 on March 09, 2015, 06:24:20 PM

Quote from: GreatNorthData on March 08, 2015, 11:07:50 AM

Solar and hydro are 10-15 year investments and is difficult to justify just for mining. Good mining hardware is only useful for 18 months, so it doesn't make a lot of sense to install. (Although that portable hydro plant looked really cool.)

We're the cheapest hosting in the world. There were some people looking for numbers before. Prices start at $67.80/KW and go down from there for pre-payment and larger orders. (And if you want to talk really large orders, we're adding another MW in the next few months, and our bulk prices are also lowest in the world.)

We're located in Canada, carry insurance and have staff on site 24/7.

Run the numbers for your example setup.

I see you have a rack of 10 Spondoolies. Assuming they are SP30s, drawing 2400 watts each, that is 24kw per hour. In a month that is 24kwx24hoursx30days=17280kwh. I am guessing you are charging $67.80 Canadian per thousand kwh? So cost for a month is 17.280*67.80= $1171.58, which is $39.05 per day.

If your Spondoolies are pulling in 40 TH you are doing very well. At current difficulty that would be about 0.44 BTC per day in a big pool. If bitcoin price is over $100 you are (in theory) making money.

Am I missing anything? Other than the fact that your power is 1/3 of the cost of power in Alberta, which makes me wonder a lot...

The upfront cost of solar power is a lot more than just $100. The normal house using solar power is a usual 15 year investment. It is very risky considering that btc has only been around for 6 years.

brent217

newbie

Activity: 6

Merit: 0

Quote from: GreatNorthData on March 08, 2015, 11:07:50 AM

Solar and hydro are 10-15 year investments and is difficult to justify just for mining. Good mining hardware is only useful for 18 months, so it doesn't make a lot of sense to install. (Although that portable hydro plant looked really cool.)

We're the cheapest hosting in the world. There were some people looking for numbers before. Prices start at $67.80/KW and go down from there for pre-payment and larger orders. (And if you want to talk really large orders, we're adding another MW in the next few months, and our bulk prices are also lowest in the world.)

We're located in Canada, carry insurance and have staff on site 24/7.

Run the numbers for your example setup.

I see you have a rack of 10 Spondoolies. Assuming they are SP30s, drawing 2400 watts each, that is 24kw per hour. In a month that is 24kwx24hoursx30days=17280kwh. I am guessing you are charging $67.80 Canadian per thousand kwh? So cost for a month is 17.280*67.80= $1171.58, which is $39.05 per day.

If your Spondoolies are pulling in 40 TH you are doing very well. At current difficulty that would be about 0.44 BTC per day in a big pool. If bitcoin price is over $100 you are (in theory) making money.

Am I missing anything? Other than the fact that your power is 1/3 of the cost of power in Alberta, which makes me wonder a lot...

GreatNorthData

member

Activity: 105

Merit: 250

Solar and hydro are 10-15 year investments and is difficult to justify just for mining. Good mining hardware is only useful for 18 months, so it doesn't make a lot of sense to install. (Although that portable hydro plant looked really cool.)

We're the cheapest hosting in the world. There were some people looking for numbers before. Prices start at $67.80/KW and go down from there for pre-payment and larger orders. (And if you want to talk really large orders, we're adding another MW in the next few months, and our bulk prices are also lowest in the world.)

We're located in Canada, carry insurance and have staff on site 24/7.

havecoch

full member

Activity: 173

Merit: 100

Quote from: Amph on March 08, 2015, 06:46:06 AM

solar power or wind power, otherwise , some cheap contract in your zone, but to get a really free electricity, you need something abusive...which is illegal you know

SOlar power is not exactly free as no one knows how long they will be mining, so they might just be buying all those expensive panels, being not able to cover their cost.

mavericklm

hero member

Activity: 742

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Quote from: Amph on March 08, 2015, 06:46:06 AM

solar power or wind power

the initial investment is too high to call it free
free i would call: zero point energy, energy from gasification of garbage....

Amph

legendary

Activity: 3248

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solar power or wind power, otherwise , some cheap contract in your zone, but to get a really free electricity, you need something abusive...which is illegal you know

picolo

hero member

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Merit: 500

Quote from: arvindr on March 08, 2015, 01:01:18 AM

Quote from: DieJohnny on March 07, 2015, 11:57:57 PM

Quote from: GigaBit on February 25, 2015, 06:28:39 PM

or via a wood gasifyer but then you need a lot of wood but still comes to less than $0.01 per KW/h, that's basically free when you live on a lumber yard.

So this is interesting I actually have access to a lot of wood. Do you have some accounting around a gasifyer electric generator, how much are they, how much power do they generate, et cetera?

But wouldn't you be wasting more on burning woods and all the work, than on just using electricity ?

You would need a lot of manwork.

Newar

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https://gliph.me/hUF

Quote from: DieJohnny on February 19, 2015, 10:37:24 AM

Has anyone looked seriously into their own hydro electric appliance like this

http://www.zotloeterer.com/welcome/gravitation-water-vortex-power-plants/

Costs 60,000 Euro and you get 8,3kW

Problems are getting a location and some places the "water rights". If I could, I would.

arvindr

full member

Activity: 182

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Quote from: DieJohnny on March 07, 2015, 11:57:57 PM

Quote from: GigaBit on February 25, 2015, 06:28:39 PM

or via a wood gasifyer but then you need a lot of wood but still comes to less than $0.01 per KW/h, that's basically free when you live on a lumber yard.

So this is interesting I actually have access to a lot of wood. Do you have some accounting around a gasifyer electric generator, how much are they, how much power do they generate, et cetera?

But wouldn't you be wasting more on burning woods and all the work, than on just using electricity ?

DieJohnny

legendary

Activity: 1639

Merit: 1006

Quote from: GigaBit on February 25, 2015, 06:28:39 PM

or via a wood gasifyer but then you need a lot of wood but still comes to less than $0.01 per KW/h, that's basically free when you live on a lumber yard.

So this is interesting I actually have access to a lot of wood. Do you have some accounting around a gasifyer electric generator, how much are they, how much power do they generate, et cetera?

desertfox470

sr. member

Activity: 542

Merit: 251

Quote from: desertfox470 on February 21, 2015, 11:52:10 AM

Running a generator 24/7 is not a good idea. The generator will ware out quickly if it is a cheap generator. Once fuel prices go back up it will cost more to run, and overall it is most likely more of a headache then just paying your electricity bill.

I agree with this. Generators are not meant to run 24/7 for months on end. They are designed to run for a few hours when electricity goes out.

MilesJohan

sr. member

Activity: 378

Merit: 250

You can invest in solar power , and after a one time investment, you can almost get free electricity for a long long time. Which is almost like fee.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: GreatNorthData on February 26, 2015, 10:35:50 AM

Quote from: DieJohnny on February 18, 2015, 11:20:57 PM

I am in the USA. I am wondering what ways there are to get free electricity.

While you are unlikely to find "free electricity" in any significant quantity if you are looking for large scale hosting we offer the lowest prices in the world and we're located right next door in Canada.

If you're curious you can check out our website @ www.greatnorthdata.com and contact us for more information.

Real free electricity has to be paid by someone else wether you unlawfully plug yourself to the public grid or your neighbourg's network or it is paid by your landlord, parents, friends or government.

MrTeal

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Activity: 1274

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Quote from: DieJohnny on February 20, 2015, 11:26:40 PM

Can any of you electricians tell me what this means? Huh

?

Generator rated at:

18 kw (NG)
Rated AC Current 75A (NG) @ 240 Volts (Single Phase)
Rated Voltage 240 Volts (Single Phase)

So from this generator how many SP20s can I run? I think one sp20 wants 1400 watts, so this one generator can run 12 SP20s???

Thanks!

Depends how hard you run them, but 15-20.

Keep in mind that generators (unlike power supplies) run most efficiently at 100% load, so it doesn't hurt to run it full out.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: GreatNorthData on February 26, 2015, 03:48:11 PM

Quote from: sidehack on February 26, 2015, 11:39:59 AM

Your website would be a lot better if it gave any actually useful info. Quantified info, I mean; there's a lot of encouraging words and pictures on there but zero numbers.

We cater to medium and large scale miners and offer discounts for certain things like having a larger operation, pre-payment, etc. so our prices are very customer-specific.

If you show us your current hosting agreement we can beat it. Anyone who is interested can email us with the specifics of the hardware they are looking to host and we can provide a hosting package tailored to their needs.

I would agree with sidehack website is missing a lot.

How can you possibly say you can beat all current hosting agreements?

kingcolex

sr. member

Activity: 254

Merit: 1258

Quote from: sidehack on February 26, 2015, 11:39:59 AM

Your website would be a lot better if it gave any actually useful info. Quantified info, I mean; there's a lot of encouraging words and pictures on there but zero numbers.

Exactly I saw zero prices and moved on.

Topic: Methods of getting free electricity - page 3. (Read 7405 times)