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Topic: Tesla's building a solar roof , It can be a good days for bitcoin miners? (Read 2355 times)

legendary
Activity: 2422
Merit: 1451
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When it comes to the price of electricity, it's just going to complicate the equation. Not that it's going to be big enough change in order for it to have an impact on the price. First of all cars are unrelated to bitcoin, but they're going to increase the demand for electricity while solar roofs would give them more self-sufficiency. But again nothing of all that is enough to make a difference for bitcoin.
   
sr. member
Activity: 325
Merit: 250
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No it can't. The price of electricity will never be high enough for such a solar electricity producing unit that cost so much.
hero member
Activity: 1694
Merit: 502
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Wow, At first I thought it was real tile and than I read whole post. It's really good and great news. People can buy it and than have free electricity and also house will look nice. I like Tesla's projects very much. With the power designed to be stored in the new Powerwall 2.0 battery, homeowners can keep a reserve in case of excess need. Anyone knows what will be the price of new Tesla solar? As they say, it will be offered in summer.

Powerwall 2.0 battery is also one of good Tesla projects that can help the masses. He had many designs and his projects are even more amazing when you get back 100 years ago when he started to invent all this. Can you imagine knowledge about electricity back then? Just few people in the world had light at home, and in that time he designed some of the things that even now have big purpose. Its so amazing that you need to ask yourself how did he find a way to learn all this in that time.
Who know what kind of great stuff there is more to be find out about Nicola Tesla projects and research.
hero member
Activity: 2352
Merit: 905
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Wow, At first I thought it was real tile and than I read whole post. It's really good and great news. People can buy it and than have free electricity and also house will look nice. I like Tesla's projects very much. With the power designed to be stored in the new Powerwall 2.0 battery, homeowners can keep a reserve in case of excess need. Anyone knows what will be the price of new Tesla solar? As they say, it will be offered in summer.
legendary
Activity: 1386
Merit: 1020
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we may see this happen some day in the not so far future but not today. and that day these means of producing electricity would be used in a lot of places and price of electricity would be low.

the technology that exists today is not efficient enough to produce a good and reliable source especially for an operation like mining which is hard to make profit as it is!

You do  have exactly  a  point if this   inventions  would  be commonly used  by  most people  for sure electricity  would   go down  its price  but i dont  think  those solar panels  could  able to  surpass those  traditional electricity or energy do we have  because  solar panels  i believe do only rely on solar power  cant even think that it would able to  handle  mining   operations because we  know  it consumes  lots of electricity and  theres  no way for a full house  solar roof could able to supply it.. what you think?
hero member
Activity: 1470
Merit: 655
we may see this happen some day in the not so far future but not today. and that day these means of producing electricity would be used in a lot of places and price of electricity would be low.

the technology that exists today is not efficient enough to produce a good and reliable source especially for an operation like mining which is hard to make profit as it is!
full member
Activity: 196
Merit: 100
i dont think that it will be easy for the miners because
-setup cost is not very cheap .it is quite expensive
-even in hotter countries also the setup is high
-as tesla said it can be made so there will be tough competition in the future..
kudoos Smiley
legendary
Activity: 1134
Merit: 1010
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I think the main focus should not be the use of the solar power for the mining, but rather for cooling. Now suddenly mining can be done in warmer

areas, because the solar power can cancel out the extra cost needed for the extra Air conditioning needed in warm areas. You take this to a desert,

and you are on a level playing field with most other mining operation in colder areas. Most extra cooling is only needed in day time, because the

temperature at night is normally very cold in most deserts.

i seriously doubt that it would be a good idea to move a mining operation to a desert which has temperature of 50°C = 122 F
you would be setting up for a big fail because no matter how much electricity you are genrating from the sun, you would be forced to spend double that amount for cooling during day! and you would still need a source of energy to run the mining farm during the night at 0°C
legendary
Activity: 4424
Merit: 4794
So are you going to agree with ne that this panels really has a potential for miners right?  I also believe that they could provide a lesser solar roof panel size, if then small miners can allocate the platform. Lesser panel size means lesser cost but i do have to agree with you that it would be more beneficial if the government can help you

lesser panel size = lesser electric production per panel = more panels needed

EG
1metre square single panel vs 100x 10cm panels does not mean 100x electricity..
it means the same electricity production at best for the same roof space.

the only difference is that the aesthetics (the look/appearance) is not noticeable with solar tiles.
its not showing that something the size of a dinner plate can produce electric the size of a old dining table. its just saying you can make dinner look more pretty by having it on plates
hero member
Activity: 910
Merit: 500
I think the main focus should not be the use of the solar power for the mining, but rather for cooling. Now suddenly mining can be done in warmer

areas, because the solar power can cancel out the extra cost needed for the extra Air conditioning needed in warm areas. You take this to a desert,

and you are on a level playing field with most other mining operation in colder areas. Most extra cooling is only needed in day time, because the

temperature at night is normally very cold in most deserts.


Then used the solar panels for your ventilation then, I supposed that this panels can supply the needs of mining appliance and your personal appliance. So the place would really do still matter, of course, living in a colder place would be an advantage you don't have to use panels but in a hotter place it's a different story.
legendary
Activity: 1904
Merit: 1074
I think the main focus should not be the use of the solar power for the mining, but rather for cooling. Now suddenly mining can be done in warmer

areas, because the solar power can cancel out the extra cost needed for the extra Air conditioning needed in warm areas. You take this to a desert,

and you are on a level playing field with most other mining operation in colder areas. Most extra cooling is only needed in day time, because the

temperature at night is normally very cold in most deserts.
hero member
Activity: 910
Merit: 501
Maybe they can evolve that technology until they are able to cover the front of a normal house with solar materials.
I am hoping on a color I can live with, not that uggly shining black stuff you normaly put on roofs.
Then it could really be used for powering miners, because the surface it covers would be much larger.
mk4
legendary
Activity: 2870
Merit: 3873
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It may be profitable in the long run, but I think it would take alot of years to make the money back. Also take into consideration damages and defects of those solar roofs.
legendary
Activity: 3122
Merit: 1140
Solar roofs  would   be also a good  idea  , twice the   usage because   it serves as  a shelter   and  also an energizer   on your  entire  house. I dont  think  it can support  miners     because i do  believe  miners  do require  lots   of electricity   especially  when you are building a  mining farm  those solar  panel of yours  would  not  be enough for sure.
legendary
Activity: 1386
Merit: 1020
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i think it's great to put solar panel for going green and saving electricity cost, however after the halving, the mining earning is not as good as before, plus the installment and purchasing solar panel is going to cost a lot, for me personally the ROI of using solar panel is longer than using usual electricity, so i don't think it can be profitable using solar panel

You are definitely right,  solar panels  are  good to  save  electricity  cost  but it  would  really  expense  you  out even  more   and   roi would  take too  long  and you cant be  sure  if  you got able to achieve roi  on  a particular time if  your  lucky enough   not  to  bust  up  all of your  rigs  but  if  you have the money to  put the  investment  on then process as  long you  know  you would  gain profits.
legendary
Activity: 1666
Merit: 1001
i think it's great to put solar panel for going green and saving electricity cost, however after the halving, the mining earning is not as good as before, plus the installment and purchasing solar panel is going to cost a lot, for me personally the ROI of using solar panel is longer than using usual electricity, so i don't think it can be profitable using solar panel
hero member
Activity: 910
Merit: 500
I think any new tech that can give us power in a greener way will always benefit Bitcoin mining. As for Tesla's roof in particular, as far as I've read, their price is very competitive, which is good. Eventually you can buy one of these with profits after you ROI and then you can power your house and mining rigs via solar power. Buying them straight away to start mining might affect your ROI quite heavily...


Glad to see someone seeing this innovation as an opportunity to bitcoin miners. You have a great point there tho that for now, it is really something good that you purchase this item for personal use then start mining i supposed that it could really handle both small scale mining + personal usages.
legendary
Activity: 1512
Merit: 1012
I think any new tech that can give us power in a greener way will always benefit Bitcoin mining. As for Tesla's roof in particular, as far as I've read, their price is very competitive, which is good. Eventually you can buy one of these with profits after you ROI and then you can power your house and mining rigs via solar power. Buying them straight away to start mining might affect your ROI quite heavily...
legendary
Activity: 2898
Merit: 1823
Small solar powered mining farms located around the world would be an ideal scenario for Bitcoin. At least that is one problem solved to make the network last for the long term. Imagine all the energy to do Proof of Work is all coming from the sun. That would be something.
legendary
Activity: 3808
Merit: 7912
What are your thoughts on wind trees? It seems like an alternative to solar.

Wind Trees Video

 That's pretty but I can't imagine there would be value in it for Bitcoin miners.  Also it's pretty low to the ground; how are you going to keep the kids out of it?
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