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Topic: Norweigan Farm Project (Free electricity) (Read 2686 times)

full member
Activity: 122
Merit: 100
July 08, 2011, 04:52:47 AM
#33
We are all hackers, why the hell would we trust eachother with something unbelievable such as this?
member
Activity: 294
Merit: 10
So did some people get owned?

I guess so
newbie
Activity: 5
Merit: 0
Maybe 966kwh per month?  That number is at least within a magnitude of a reasonable amount.
newbie
Activity: 42
Merit: 0
so is it 966kW or 966kWh? Just putting things into money perspective:

Price of industrial (cheap) power in Norway is avg. 41.6øre/kWh excluding taxes and grid rent (http://www.ssb.no/elkraftpris_en/main.html)

If we are talking about 966 kW of power used 24/7 all year is:
966 kW * 24h * 365 = 8462160 kWh (8.4 million kWh)
8462160 kWh * 0.416 NOK/kWh = 3520258,56 NOK (3.5 million Norwegian kroner, or 648k USD) per year in free electricity.

Now if it were 966kWh per year, the numbers would be:
966 kWh * 0.416 NOK/kWh = 401.9 NOK (or 74USD) per year in free electricity.

To me neither makes sense  Embarrassed
full member
Activity: 210
Merit: 100
@ OP

Pm sent.
newbie
Activity: 5
Merit: 0
I think the kw/h is really a mistake, nobody uses that metric, is always kwh, or kilowatt hours.  So 1.4 kwh x 35600 shares = 49840kwh over an entire year.

49840kwh/(365days x 24hrs/day)= 5.7kw constant free energy.  Using his numbers, this is what the power company is giving him for free.
legendary
Activity: 938
Merit: 1000
I become suspicius when he says 800rigs: it's about 13  hours/day 365 days/year works to put 1 minute/day of work for every rig. Too much work for a single guy.
And he puts a 12.000$ of roof to his maximum incomes from the farm, but that's make a little 1.25$/month for each rig. With all that rigs he earn 40$/month from each (that is a total of 35.000$/month) and even doubling the difficulty and halves the production is more then 8.000$/month.
newbie
Activity: 28
Merit: 0
So did some people get owned?
legendary
Activity: 1868
Merit: 1023
1.4 kw* 35600 shares = 49840 kw per hour or 49.84 MW

Only 4 wind turbines?  Typically wind turbines are 1.5 MW.   According to wikipedia 10 MW turbines are in development, but it doesn't seem like they are readily available.

Typically you get up to 40% power capacity on wind turbines (maybe up to 45% at a really good spot) at least in the US (according to the west wind and east wind surveys by NREL).
full member
Activity: 176
Merit: 100
Just a warning!
This guys does not exist.
I am from Norway, in norway every citizen is recorded in the public tax registry (skattelistene), which are released every year openly on the web. He was not in the list. He also don't show up at all on google, except in this thread ofcourse.
He registered on this forum today.
Worst of all he use google translate to reply back to me in norwegian.

Quote
Absolutt, jeg forstår hva du mener.

Jeg har ikke tenkt på dette før nå, Hvis du bor i nærheten, føler seg fri til å komme over o se på bitcoin farmen.

Jeg skriver ut et bevis på at personen har bestilt en datamaskin, der alle komponenter er skrevet ned.
Og at det vil bli oppbevart ved huset mitt, men at det er deres eiendom.

Med mitt navn, adresse og alle nødvendige fakta.
Kjenner du en bedre måte, gjerne komme med forslag

- Erik

Judge for yourself, but I would not trust this guy with a bitcent.
donator
Activity: 640
Merit: 500
A: At your budget, we select computer parts fit for a rigg. and then I charge you 9% of your bitcoin profit (as long as it stays operational).

Pretty damn interesting, If lets say I purchase two rigs with like 3 x 5870 in each, and you set them up, how would I get my rigs back if I decided that I do not want to play with bitcoins anymore?

Oh yeah and hit me up if you need any help with script and the likes, if you get this interesting idea up and running.

Kind regards
Kris
newbie
Activity: 5
Merit: 0
How will you be smoothing out the power variability(i.e. net metering, when there is no wind the grid supplies power and when it blows you give an equal amount of power back)?  How many days a year do you have at least 80% of mean generating capacity?  Are you going to automate turning rigs on/off due to available power?  Do you have more than one internet connection?  Cool idea, and hopefully you can put that resource to good use.
sr. member
Activity: 331
Merit: 250
Earthling
What do the rigs consists of?
newbie
Activity: 13
Merit: 0
So for 428 btc I would get 6ghash?

That's 1800 dollars a month :O
I'm trying to convince my wife, we might be up are probably up for 8 rigs for 856 btc?

Hell! I could live of the income of that then.

you got pm :p


This is a bit false, you cant calculate your expected income based on the current difficulty. Count on a 100% increase of difficulty in the near future (4-5 months).
I dont want people to think this is a magical gold shower and then get disappointed.

going to check your pm then Smiley

- Erik
newbie
Activity: 2
Merit: 0
So for 428 btc I would get 6ghash?

That's 1800 dollars a month :O
I'm trying to convince my wife, we might be up are probably up for 8 rigs for 856 btc?

Hell! I could live of the income of that then.

you got pm :p
newbie
Activity: 13
Merit: 0
Hi erik

I might be intrested in investing 3-400 bitcoins.
You got two options then Smiley

Either 321 BTC for 3 rigs, or 428 BTC for 4 rigs. @ 1.5ghash each.

I want as many rigs as possible in the same shipment, so the shipment fee is as small as possible. I'll have the first rigs sent here on sunday.

How long time will it take for you to have them up and working?
How do we sort the payment etc?
It depends on what number you'll be in the batch, basically count with 2 days of shipping, if you were one of the first 10 I can guarantee it'll be up and running next Wednesday.


The payment info is sorted in PM, each customer/rig will be tagged with your name, address, mail and a photo of your ID. This is to avoid having a person from the same country as you, with the same name being able to claim rightful ownership of the rig etc.
newbie
Activity: 13
Merit: 0
966 kwh of free electricity per year?  Or per day?

You couldn't run a single (high powered) computer on that (if it is per year).  800 watts per hour = 20 kwh per day * 360 days = 7200 kwh per year.

Sorry if my post was confusing, basically it's 966kw/h (on average during a full year). As in, 966kw per hour - as in 966 000 watts.

As it's 4 wind turbines they produce electricity a tad uneven, so on windy days it's abit higher and on calmer days it's abit lower.

The reason they placed them on my property was because I live in a spot where the mountains/hills create a steady and almost ideal wind performance all year round. (If the wind is to slow, obviously it generates less, but also if the wind is to strong they have to shut it down to avoid damage.)

- Erik
legendary
Activity: 1868
Merit: 1023
966 kwh of free electricity per year?  Or per day?

You couldn't run a single (high powered) computer on that (if it is per year).  800 watts per hour = 20 kwh per day * 360 days = 7200 kwh per year.
full member
Activity: 176
Merit: 100
PM sent  Smiley
newbie
Activity: 2
Merit: 0
Hi erik

I might be intrested in investing 3-400 bitcoins. How long time will it take for you to have them up and working?
How do we sort the payment etc?
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