Topic: NEW Profitability of mining with no energy costs (Read 227 times)

The heroes of this story found a way to get free electricity
https://bitcointalksearch.org/topic/earn-100000-from-crypto-mining-in-3-weeks-5505115

But their mining results look very fantastic.And I wouldn't take computers around locations for 3 weeks because they are easily damaged in transit.

fuel is free not power.

a quality generator costs money.

but 7 tons of fuel is a lot of free fuel.

lets pretend a 100kwatt generator can work. (I suspect far larger )

you could run 30 of these units.

https://www.ebay.com/itm/166744841411


that is 30 x 134 = 4020 th which at 4.7 cents a th is 188 a day

those units above go for 2000 so 30 x 2000 = 60000 dollars and a
 landfill gas generator is here

https://www.ettespower.com/Landfill-Gas-Generator.html


do your own research

but

100kwatt will do about 30 s19xp cost for miners is 60k these generate 190 a day
200kwatt will do about 60 s19xp cost for miners is 120k these generate 380 a day
300kwatt will do about 90 s19xp cost for miner is 180k these generate 570 a day

you will need a box for the miners. they run about 30k to 50k

so if 7 tons will do a 300k generator

buy the miners at 180k
buy the box at 35k
buy the generator at 65k

you spent 280k maybe 20k to set it all up 300k in the hole (in usa a tax write off)

earning 580 a day current shit prices of coins.

very ballpark. but feasible as 300k in and two years later 730 x 580 = 423000.


do your own research 🧐

honestly if you were a friend and asked me should you do it. I would give you the numbers above. Make you talk to the generator company to know what 7 tons will fuel. what that costs you to buy and set up.

once you did that. we would figure:
 do we sell the power
do we host miners
do we run miners.

Have the landfill company contact a company that deals with flare gas power generation... Considering how common it is for large landfills to do it, should be a safe bit that the site owners can easily contact the companies that build the power generation... If anything just google 'waste gas power generation' or 'co-generation' ... Even if mining does not work, they should still be able to provide several MW of power they can sell to the local power company.

So I work for a company that has stakes in multiple different industries and one of those is waste management. We own a landfill that produces 7 tons of methane a day, of which is just being flared and wasted into the air. By having that methane fuel a generator, how much energy would it produce? Adding to that, if we used that energy from the generator and connected it to optimal mining rigs, how much profit are we looking at by mining BTC. We're trying to figure out right now if this is even a profitable investment because I know we'll have to replace the hardware every couple years.

So basically is it worth it?