Run your rig on renewable energy? - page 3.

compro01

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Quote from: bcpokey on June 28, 2011, 01:20:58 PM

Quote from: compro01 on June 28, 2011, 12:21:58 PM

My mining is roughly 40% renewable energy, mostly hydro and a bit of wind.

the other 60% is mostly coal, with a side of peaking natural gas.

Are those sources under your control, or is that just the layout spread of your local power concern?

local power concern.

who the hell has their own coal generator?

bcpokey

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Quote from: compro01 on June 28, 2011, 12:21:58 PM

My mining is roughly 40% renewable energy, mostly hydro and a bit of wind.

the other 60% is mostly coal, with a side of peaking natural gas.

Are those sources under your control, or is that just the layout spread of your local power concern?

Quote from: fascistmuffin on June 28, 2011, 01:01:39 PM

Quote

Energy is cheap and until it's no longer cheap there's not a lot of motivation to change.

I think you just summed up the whole problem with renewable energy right there. It doesn't matter how efficient we can make solar/wind/hydro/anyrenewable as long as fossil fuels are cheaper. I'm just wondering when renewable will be cheaper, so we can finally realize how idiotic the fossil fuels are, like lead paint, Radium Revigators, and asbestos.

Well, it would help if renewables got a fraction of the money being pumped into fossil fuels. Both in terms of research and just materials demand. Doesn't help that China is sitting on top of 90% of the production of REM, and have put a squeeze on exports either. The world needs to grow up and stop being a little baby.

fascistmuffin

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Quote

Energy is cheap and until it's no longer cheap there's not a lot of motivation to change.

I think you just summed up the whole problem with renewable energy right there. It doesn't matter how efficient we can make solar/wind/hydro/anyrenewable as long as fossil fuels are cheaper. I'm just wondering when renewable will be cheaper, so we can finally realize how idiotic the fossil fuels are, like lead paint, Radium Revigators, and asbestos.

compro01

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My mining is roughly 40% renewable energy, mostly hydro and a bit of wind.

the other 60% is mostly coal, with a side of peaking natural gas.

saqwe

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how about windgenerators?

fitty

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Quote from: killer2021 on June 28, 2011, 08:05:54 AM

Here is an interesting concept I was thinking about.

So we all know that the primary cost of the mining rig is the energy. For most, this is make or break. If the energy is too much you won't make any money. To solve this issue how about running the rig on renewable energy.

There are lots of places around the world that have awesome renewable energy resources that aren't tapped. Most of these resources aren't tapped because with renewable energy you need to build transmission lines so only the big renewable energy projects get developed. With running a rig there is no need for transmission line. Simply set up your renewable energy generators, connect to some transformers/power conditioning/battery then connect your rig to that. The ideal energy source would be a micro hydro setup that produces a couple KWs. If you are in a remote location then you can use satellite internet to connect to the internet.

Seems like a realistic idea if you live in a remote location.

If people could do it right now (regardless of bitcoin) they would. Who wouldn't want to save money and have their tv/computer run for free?

Problem is it costs $1000s, you don't see the money for 5-10-15 years, and that's with huge tax breaks.

Energy is cheap and until it's no longer cheap there's not a lot of motivation to change.

killer2021

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Quote from: bcpokey on June 28, 2011, 08:46:50 AM

Solar and wind make more sense than geothermal and hydro, simply because of their abundance and lack of needing rights to tap. Sun and wind are everywhere, geothermal and high volume flowing water are not.

I suppose if you happen to be living right on top of a geothermal source, or next to a raging river, that would be a fine option, if you're not one of the incredibly tiny portion that does then it might be a bit harder.

I suppose mining on one of these sources makes sense on some level, but their costs and hassle make them a large project with iffy return ratios. Though obviously they've side benefits to them outside of mining (like not raping the earth with all this power consumption and whatnot), except for burning wood. That's just incredibly wasteful.

Yes there are logistic issues with hydro and geothermal but those seem the most realistic for 24/7 operation. The next best option would be wind power in some location where there is almost constant wind.

bcpokey

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Solar and wind make more sense than geothermal and hydro, simply because of their abundance and lack of needing rights to tap. Sun and wind are everywhere, geothermal and high volume flowing water are not.

I suppose if you happen to be living right on top of a geothermal source, or next to a raging river, that would be a fine option, if you're not one of the incredibly tiny portion that does then it might be a bit harder.

I suppose mining on one of these sources makes sense on some level, but their costs and hassle make them a large project with iffy return ratios. Though obviously they've side benefits to them outside of mining (like not raping the earth with all this power consumption and whatnot), except for burning wood. That's just incredibly wasteful.

killer2021

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Yes but not using solar (equipment is too expensive). Wind might work but you'll have to configure the rig to adjust to changing power conditions plus having your rig sitting idol because not enough juice could be a problem. I think the best setup is something that can produce cheap renewable energy reliable and thats microhydro.

There could also be some other potential energy sources:
geothermal - using a Stirling engine near some sort of heat vent (ie. a hotspring) however the ideal location would be difficult to find (maybe in iceland?). Plus you have to get the rights to exploit said hotspring. Lots of these locations are considered tourist attractions or protected under environmental laws.
Wood - Using Stirling engine to power a generator. Works best in some location where wood is free. I know there are some beaches that get tons of beach wood so you can collect as much as you want. Could be a pain in the ass, after a while though.

So I think the best source is hydro power or geothermal.

BombaUcigasa

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You mean like this: https://forum.bitcoin.org/index.php?topic=16377.0

killer2021

member

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Merit: 10

Here is an interesting concept I was thinking about.

So we all know that the primary cost of the mining rig is the energy. For most, this is make or break. If the energy is too much you won't make any money. To solve this issue how about running the rig on renewable energy.

There are lots of places around the world that have awesome renewable energy resources that aren't tapped. Most of these resources aren't tapped because with renewable energy you need to build transmission lines so only the big renewable energy projects get developed. With running a rig there is no need for transmission line. Simply set up your renewable energy generators, connect to some transformers/power conditioning/battery then connect your rig to that. The ideal energy source would be a micro hydro setup that produces a couple KWs. If you are in a remote location then you can use satellite internet to connect to the internet.

Seems like a realistic idea if you live in a remote location.

Topic: Run your rig on renewable energy? - page 3. (Read 5924 times)